Masters of the Universe category archive
If One Standard Is Good, Two Must Be Better 0
Pap and Howard Nations discuss corporate America’s “Get Out of Jail Free” card.
iJunk, Their Day in Court Dept. 0
This should be fun.
Law firm PCVA said on Friday that it had brought a class-action lawsuit in the US district court for the northern district of California in response to Apple’s “error 53” iPhone controversy.
(snip)
He (attorney Darrell Cochran–ed) dismissed Apple’s security argument as spurious. “If security was the primary concern, then why did the phones work just fine without the software update?”
The Privatization Scam 0
The con rises to new heights.
“He Got His Shirts Made in Europe, and His Yachts Were Made in Florence” 0
Granted this is a at least 50% a plug for the show, which I plan not to watch, but it’s still worth a viewing.
“Pay Up of Die” 0
The Pharma Bro continues to hold sick persons hostage in his quest for even more money.
Instead, the small biotech company is reducing what it charges hospitals, by up to 50 percent, for its parasitic infection treatment, Daraprim. Most patients’ copayments will be capped at $10 or less a month. But insurers will be stuck with the bulk of the $750 tab. That drives up future treatment and insurance costs.
“The Price of Doing Business” 6
Warning: Language.
Cashing Out 0
Norway’s second largest bank is going to stop handling cash as of next Monday.
Not everyone thinks this is a good idea.
Eriksson, now head of a lobbying group for the Swedish security industry, argues that cash is a crucial part of society’s infrastructure. He alleges that the decision to abandon cash is being made by banks simply to increase profits:
“Something is being privatized without people knowing what the implications of that privatization are.”
More at the link.
One Nation, under Capital 2
At The Boston Review, Richard White reviews two books that attempt to trace the myth that the United States is “a Christian nation,” despite the blunt statements of the Founders to the contrary. Here’s a bit about the most recent incarnation of that myth; follow the link to read the rest.
Business as Usual 0
Volkswagen, BP, Enron, Wall Street–Why all the cheating?
David Steinberg points to the MBA culture. A nugget:
At the heart of these scandals is an unchallenged attitude of “business as usual” that privileges financial metrics of success over all else and assumes that maximizing shareholder returns is the raison d’être of a corporation.
The Fee Hand of the Market 0
Vulture capitalists give feathered vultures a bad name.
The Rich Are Different from You and me. 0
They have these.
