Some Wall Street Journal and Reuters news exclusives this week forced me to accept that corporate morals and ethics no longer matter.
Business
Hollywood’s CEO Pay Awakening
Some thoughts on the less than Six Degrees of Separation between Hollywood’s striking workers and the workers at GM’s Ohio electric battery plant.
America’s Banking Code of “Ethics”
Reading up on the latest wrongdoing in U.S. banking and finance I was struck just how much the industry has changed since the days of Milburn Drysdale of Beverly Hillbillies fame.
By today’s banking standards, Drysdale was an upstanding executive.
The Challenge of Positive Thinking
Happy people think happy thoughts, but I wonder if they are aware of what’s happening in the world.
Mayor Pete’s and Scott Kirby’s Woeful Leadership
Americans willing to accept Transportation Secretary Pete Buttigieg and United CEO Scott Kirby remaining in their jobs must embrace the years of airline travel misery that awaits them.
Travelers Beware! Hertz Will Put You in an EV
Surveys show that most Americans are becoming increasingly leery of electric vehicles, but there’s a high likelihood that travelers renting from Hertz this summer will be given one.
Says a writer for The Atlantic who experienced the switcheroo: “(EVs) are great, potentially planet-saving machines, but the ordeal made me want to wage a slash-and-burn campaign against all of them.”
Backstabbers Shall Inherit the Executive Suite
Jesus said the meek shall inherit the earth, but he never held a corporate job. Those looking to run major U.S. businesses shouldn’t look to Jesus for career advice.
Celebrating JPMorgan Chase’s Unsung Heroes
Some thoughts on the conscientious objectors at JPMorgan Chase who expressed concerns about doing business with Jeffrey Epstein; GM CEO Mary Barra’s plans to continue damaging the climate for more than a decade; another reason to buy a Tesla if you live in Los Angeles; and a 1995 Bud Light commercial that would spark outrage today.
The Litigators Who Slayed Chase’s Jamie Dimon
Meet the relentless litigators who forced JPMorgan Chase to settle for $290 million allegations that America’s biggest bank helped facilitate convicted pedophile Jeffrey Epstein’s activities. The settlement came just days after Chase CEO Jamie Dimon was deposed.
Why Ford and GM Won’t Survive the EV World
I’ve long been someone who viewed the world differently, but never have I been so out of step with conventional wisdom than with my critical view that China has put America’s political and automotive leadership to shame.