Jeffrey Epstein destroyed lives.
He also did business with some of the most powerful lawyers and banks in America.
Careers fell. Institutions didn’t.
People
When Leaders Lose: Josh Allen vs. Mary Barra
Josh Allen lost a playoff game and took responsibility.
Mary Barra presided over billions in EV losses and said she had no regrets.
This isn’t about football or automobiles. It’s about how leaders respond when outcomes can no longer be spun — and how accountability often seems easier to find in locker rooms than on CNBC.
Remembering Chris: Jim Farley on Homelessness
I’ve spent years criticizing Ford CEO Jim Farley. In recent days, I learned about a side of him that rarely shows up in corporate America.
On Mary Barra Sliming Biden for GM’s EV Failure
Mary Barra last week blamed Joe Biden for GM’s EV mess.
The media gave her a free pass.
Again.
UAW’s Socialist Ties to Zohran Mamdani
New York City just elected avowed socialist Zohran Mamdani—cheered on by the UAW, a union whose senior leadership includes a member of the Democratic Socialists of America. New Yorkers should take a hard look at UAW President Shawn Fain’s leadership and the company he keeps.
Jaguar’s Adrian Mardell’s Dumb “Smart” Factories
Apologies to GM’s Mary Barra and Ford’s Jim Farley, who I’ve long maligned as the auto industry’s worst CEOs. Turns out Jaguar Land Rover’s Adrian Mardell has them both beat.
Why Larry Ellison Is No Elon Musk
The media last week breathlessly focused on Oracle founder Larry Ellison briefly overtaking Elon Musk as the world’s richest person. Only veteran Barron’s scribe Andrew Bary noted the very different ways they built their fortunes.
Ellison’s wealth rests on legal stock manipulation. Musk’s wealth was earned the old-fashioned American way: building innovative businesses.
Jamie Dimon’s Sgt. Schultz Jeffrey Epstein Plea
It’s heartening that the New York Times has published a detailed exposé exposing JPMorgan Chase’s culpability as one of Jeffrey Epstein’s enablers and showing the bank ultimately bears responsibility for some of the sex offender’s illicit activities. Regretfully, the Times seems short on editors who could have made the dense…
Salesforce CEO Marc Benioff’s Headless Bodies
From tiki statues and “family” talk to 4,000 pink slips and an army of bots.
Salesforce CEO Marc Benioff calls this “progress.” I call it another entry in my CEO Hall of Shame.
Woke Pepsi Falls Prey to Elliott Barbarians. Karma!
Woke Pepsi spent years greenwashing, virtue signaling — and blowing billions on stock buybacks to fizz its share price. Paul Singer’s ruthless Elliott Investment Management has taken note.
Pepsi’s fate couldn’t happen to a more deserving management.