December 2nd, 2020
Should the non-profit sector consort with “the banality of evil, MBA edition”?

No. Duh.

But it still will, of course.

************

And then there’s the federal government:

“McKinsey’s abhorrent conduct also demands that Congress consider broader action. McKinsey earns billions of dollars from contracts with the federal government. No firm that proposes paying kickbacks for overdose deaths should receive a single cent from U.S. taxpayers.”

November 28th, 2020
“No other corporation distributed more opioids in those years than [John] Hammergren’s McKesson … Over his first 16 years as CEO, notes Bloomberg, Hammergren pocketed $781 million. His final months in the McKesson chief executive suite brought that total near $800 million. Upon his retirement, he walked away with a pension package worth $138.6 million.”

Massively fatal drug distribution, to alter the quotation slightly, been berry, berry good to John Hammergren, whose rancid immorality has been cleaned up nice and good by outfits like CSIS, which allowed him to buy his way onto its board of trustees.

Every now and then an article appears that brings back the beautiful Hammergren way of life, in which you direct floods of killing substances into clueless hollers in West Virginia and suck up hundreds of millions of dollars for yourself while everyone dies and entire municipalities wither.

Yesterday’s New York Times told of a recommendation by the consultancy McKinsey that Purdue (Hammergren’s now-notorious supplier) keep the drugs flowing like crazy, and its distributors happy, by handing them cash whenever someone in their distribution territory overdosed. Overdoses after all are so… awkward. So unpleasant. So… actionable? I mean, a lot of these people die. Some of them have very compellingly grieving mothers who talk to newspapers and attorneys and all.

It’s the old drug dealer problem: You want addicts of course, cuz that’s where your big reliable bucks come from; but you don’t want dead or spasming or frothing at the mouth or almost dead addicts. You want nice functional non-deadbeat addicts. McKinsey’s solution to growing numbers of dead and dying addicts that might make the distributors… uncomfortable… is to compensate them for each and every OD. A good faith gesture:

If you’re a pharmaceutical-company CEO who is making an opioid that is killing people, you already know it’s a problem, and you already have a pretty good idea of how you have to handle it. You hire a firm like McKinsey, in this hypothetical scenario, to make it look as if you’re not the one coming up with the unsavory options. It gives you some numbers and some options on paper (actually, at least traditionally, a hardbound blue book). It also gives you plausible deniability. “I didn’t come up with this idea, Your Honor. It was the consultants!”

****************************

“How do the C.E.O.s of these companies sleep at night?” Bob Ferguson, Washington’s attorney general, said at a recent news conference.

Sleep at night? John Hammergren, from his CSIS perch, is currently handing out how-to-stay-healthy tips to the American public. Take long walks, try the Mediterranean diet, and cram twenty oxys a day down your gullet.

November 11th, 2020
More of Mehridith’s Sexual Obsession.

She said her meds were behind her last black pussy tweet – but how many black pussy tweets do you get before someone tells you to stop taking those particular meds?

Here’s more of Mehridith’s repeated orgasming over Kamala:

The possibilities are endless for little girls who whore their ways to the top!!

Is she a woman?

No! She’s a sex god with a strap-on just for me!!

**************

Timothy Snyder has it that authoritarianism-lovers like Mehridith are “giving way to sexual and physical fear.” I think that, for her and many like her, it’s as much excitement as it is fear.

October 28th, 2020
‘Historically Republican Texas Is Now a Toss-Up State, Says New Poll’

They said it couldn’t be done. They may still be right in the final tally. But a girl can dream.

October 13th, 2020
UD sees dark skies ahead.

Not politically – politically, she likes the numbers (“Joe Biden Has 91 Percent Chance of Winning Electoral College”); she’s talking about actual, real, authentic dark skies, as in you can maybe see fireballs and the Milky Way. Not to mention “the new Moon, with the old Moon in her arms.”

She leaves tomorrow to visit Cherry Springs State Park – the best dark skies on the east coast which yes you don’t have to tell me isn’t as good as Nowhere Utah but is quite good. She will of course blog from there.

April 18th, 2020
To help get you through these…

… dark covid days (altering a Joni Mitchell phrase here), the Economist promises many corporate scandals once they’re over.

March 29th, 2020
‘The social services cuts that America’s free-market ideologues have pushed for decades are coming back to infect them. Chronically underfunded hospitals, companies competing over who can profit the most off novel testing and vaccines, millions uninsured, and people forced by financial necessity to go to work while infected are all part of the vision many companies and their representatives have spent billions lobbying to create.’

As with their private jet–aided appeals to lower emissions, the 1 percent’s virtue signaling about social distancing during this outbreak obscures the fact that they’ve helped make the crisis worse. Even starved of their chefs and personal shoppers, the rich might be able to weather Covid-19 in their summer homes. Their worldview, on the other hand, may not be so lucky—and could face an angrier, more organized public on the other side.

March 11th, 2020
If ever a cause had GO FUND ME written all over it…

this cause does. Help the guys loosen the grip of the feds! It’s up to us to pay their fine.

February 10th, 2020
Just because.

Jean Girard reads Camus while driving.

February 4th, 2020
Ah cmon. You like this as much as I do, no?

The Before and After; the Hi Di High and the Hi Di Low; the Mother-Teresa-to-Maserati in Ten Seconds Flat… You gotta get a kick out of this recent article about CEO of the Month Larry Gerrans, who

considers Mother Teresa as the person whose life contribution is the most inspirational, because of how selfless and pure of intention she was.

Larry — now, er, formalized in court papers to Lawrence

has been convicted of wire fraud and money laundering for “siphoning millions of dollars” from his company to buy a $2.6 million home, a diamond ring and a Maserati, federal prosecutors said.

LOL. ME LIKE!

February 4th, 2020
Talk about punishing success!

When one of your most ruthless traders turns out to steal pretty much everything he encounters in his daily life, he is displaying exactly the grasping arrogant psychopathology you’re after. Despite his millions in compensation, he finds nothing too small to steal – bike parts, commuter train tickets… and now, cafeteria food. The boy can’t help it.

The response to this compulsion is not oooh you’re immoral and we’re a saintly hedge fund so satan get thee hence. The proper response is a nice fat bonus.

January 14th, 2020
Listen Up, Kiddies: If you’d been smart enough to follow the Gabriel Bitran story on this blog…

... (scroll down; read the whole page) you’d be SO not surprised at the Jeffrey Epstein story! Boys’ clubs will be boys’ clubs – they’ll ignore bad boys forever cuz they kinda like them.

December 16th, 2019
Just because…

… I love the photo of the amphorae.

November 29th, 2019
Teva.
 Once upon a time there was a business
Where we used to raise a price or two
Remember how we settled suits for peanuts
And dreamed up all the dirty deals we'd do
Those were the days my friend
We thought they'd never end
Inflation schemes, price fixing, bribery
We'd gut the lives we'd choose
We'd fight and never lose
For we were rich and sure to have our way
 Now generic prices are in tatters
For distribution too we'll have to pay
Our current debt load's
twenty seven billion
Ruefully we smile and weep and say
Yes I remember well
We were corrupt as hell
And now our smiles have all turned into frowns.
But then you take my hand and tell me Here's the plan
We're gonna take our cash and double-down

November 13th, 2019
“B-schools offer [ethics courses] as electives, which is always just window dressing. Ethics has never gained any traction at business schools. I doubt that you would see evidence of them teaching about how income inequality is created.”

A blog like this one, which features a much-used category titled Beware the B-School Boys, welcomes a bunch of new books with titles like Nothing Succeeds like Failure: The Sad History of American Business Schools and Leadership BS. Also a bunch of new opinion pieces with titles like We Should Bulldoze the Business School. Very nice.

*****************

UPDATE: Right on cue. A perfectly timed news item on the subject just broke, and it’s being widely covered for all the wrong reasons. Everyone’s hyperventilating about a photogenic go-getter abundantly and shamelessly lying her way into a high-profile job in the current… troubled federal government. Said she went to schools she didn’t go to. Bought her degree from a diploma mill. (Read this page while you can.)

But as you know if you read this blog in its infant days, diploma mills (see that UD category) are a permanent structural reality of all countries. It’s a quirk of the United States that when people here find out you bought your college or graduate degree they actually get upset and do something about it. Most countries don’t care. This is why you want to wait til you get back to the States for that surgery.

So the fact that Mina Chang is a diploma mill grad who claims on her cv to have graduated from Harvard is a ho-hum revelation. Generous chunks of the military, fire departments, and public education are all milled up. Why those locations in particular? Because if you demand an advanced degree for job advancement, people will, er, advance them.

No: The real story lies here:

According to her educational history on LinkedIn, Chang writes that she took part in an “Executive Nonprofit Leadership” program at Southern Methodist University in Texas.

The Non Profit Leadership Certificate Program is a six-day program with a $900 fee.

That’s right, kiddies: Leadership BS at nine hundred (with travel, etc. let’s make it an even thousand) for SIX DAYS. Can you imagine the amazing leadership bs you’re getting for that moolah? Reminds ol’ UD of this 2011 six day New Zealand bs leadership seminar (run by a diploma mill grad – beginning to see the synergy?) that cost around $13,000 dollars in American currency. Or, closer to home, there’s this (quoting meself in a 2010 post about leadership bs seminars paid for by the federal government):

The Center for Creative Leadership doesn’t just have a great name.  It’s located on ONE LEADERSHIP PLACE, Greensboro, North Carolina.  Its street is a leader. This alone perhaps warrants a certain premium for leadership trainees who, even as their rented cars pull up to CCL headquarters, can sense that the very ground upon which they motor is imbued with leadership.

A five-day leadership course at the CCL will cost you between $6200 and $10,600.

And that’s not all, folks! Here’s another example of your tax dollars at work, again from a 2010 post:

[Let’s see what] the Kennedy School is charging these days for their Senior Executive whatever — all of it paid by the government.  The school has just raised the tuition.  It now costs almost $20,000 for four weeks… The costs for this and similar four-week courses offered by other outfits the Office of Personnel Management uses are 460% higher than all costs for one month at an average private American university.

As Michael Kinsley once wrote, the scandal isn’t what’s illegal; the scandal is what’s legal. That a hyper-ambitious young person would survey Trump University World and come to certain conclusions is no scandal. That the federal government enables, and schools like Harvard exploit, the leadership racket is, if you ask UD, scandalous.

******************

Oh, whoops. Forgot the big shocking news item about Chang and that leadership program. Shockingly, she didn’t really attend it. Shockingly, she listed it on her resume but actually did not attend.

UD finds this admirable. I ain’t saying I’d hire the woman! But she definitely shows good sense here.

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