BuzzFeed this week published a disturbing expose about KKR’s involvement with BrightSpring, which operates more than 600 nationwide residential facilities supposedly “caring” for disabled persons, some of whom can’t speak, bathe, or feed themselves. According to BuzzFeed, BrightSpring residents have routinely been subjected to neglect and abuse, sometimes resulting in death.
Only persons with ice in their veins could read BuzzFeed’s story and not be saddened and outraged.
In acquiring Twitter, Elon Musk has laid bare the truth about those who espouse “stakeholder capitalism” the loudest and validated his claim that ESG, or socially responsible investing, is the “Devil Incarnate.”
That Detroit attorney Paul Novak is representing California in a bellwether opioid trial Monday in San Francisco involving multiple drug makers and pharmacies, including Walgreens and Teva, shouldn’t come as a surprise. Novak is a former assistant Michigan attorney general, and if you’re not a fan of the pricing and marketing practices of pharmaceutical companies, you’ll love this guy.
Michigan is chock full of A-team lawyers, and for nearly four decades had the most respected attorney general in the nation. The great lawyers are still there, but Dana Nessel has sullied the AG’s office.
Reading New York Times columnist Paul Krugman’s column accusing Republicans of being the party promoting hate prompted me to think of some examples on his side of the aisle, including the publication that employs him.
American Express and Centene Corp. are examples of how company business practices are too often inversely related to the loftiest corporate codes of conduct.
Elon Musk so far is laughing all the way to the bank with his supposed bid to acquire Twitter. Here’s why investors should be concerned by his antics.
Elon Musk possibly doesn’t know the “Greater Fool Theory” by name, but he exploits it on a seemingly daily basis on Twitter.
Although marred by his politics and blind faith in government, Peter Goodman’s book “Davos Man” is a guaranteed delight for those who are angered about the growing disparity of wealth in America and around the world. Widespread understanding of Goodman’s core message is the requisite first step making towards making the world a better place.
Buy the book and you’ll gain some valuable insight about the business practices of Salesforce’s Marc Benioff, BlackRock’s Larry Fink, JP Morgan Chase’s Jamie Dimon, Blackstone’s Stephen Schwarzman, and Amazon’s Jeff Bezos.
Reading that Disney plans to stream its first R-rated film this month made me wonder why the entertainment company doesn’t go whole hog shedding its former family entertainment image and stream “Midnight Cowboy,” the only X-rated film to win an Oscar. Unfortunately, the stars of that movie are persona non grata in Hollywood.
Such is the bizarro world we live in. Whoever thought we’d see the day when Disney advocated the sexualization of children and celebrities calling out the hypocrisy of Hollywood?