Now that Valeant has cut off the gangrenous Philidor arm, we may never know the true extent of any accounting manipulation or fraud. And then again it may all come out when the rest of the organization is scrutinized. I’d say be prepared for big inventory writeoffs, or maybe even a restatement.
Archive for the ‘Pure Content’ Category
I was interviewed by The Bottom Line magazine in Canada back in June on KPMG’s role as auditor of FIFA.
I went to New Orleans in January 2008 for a few weeks to work with Habitat for Humanity building new houses. Here’s a slide show of what I saw three years after Katrina in the 9th Ward New Orleans LA. Just went down on my own and joined a random group. There was still a […]
Bank regulators should start hiring the consultants that are responding to bank regulatory sanctions, consent decrees and NPA/DPA legal orders directly, and also strictly monitor them. It’s time to change for regulators to change their approach before another waste of time, money and public trust occurs.
May 18, 2015 was my first day on the job as a reporter for MarketWatch in Washington, DC, the sister online publication to the Wall Street Journal and Barrons that focuses on retail investors. Yes, I have taken a full-time journalism job and I have moved. I found out about the job via Twitter. (Twitter […]
Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 3By Francine • May 13th, 2015
As a journalist, a reporter, I sometimes have to read things I would not otherwise. My luxury as a freelance journalist has been to write what I want, for whom I wish, when I want, and charge what the market will bear. Nothing lasts forever.
Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 2By Francine • May 6th, 2015
One of Peter Thiel’s most interesting ideas is the Thiel Fellowship. It is also his most insidious. In Part 2 of my paper, I talk about borrowing from Timothy Leary, Thiel’s Fellowship initiative, Karl Marx, and the “iron cage” Thiel promotes for anyone not quite as bright as he.
Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 1By Francine • May 4th, 2015
Peter Thiel is no philosopher or a new era public intellectual. Thiel is, instead, the embodiment of a technocratic elitist and libertarian individualist with one goal: growth in wealth. This is part 1 of a paper about Thiel I wrote recently for a class in the Masters of Liberal Arts degree program at the University of Chicago.
A new study says smaller public companies are paying a premium for the prestige of a Big Four auditor but the auditors are dangling small clients as chum for their large acquisitive shark audit clients.
I wrote about two journalists who penned sympathetic stories about shareholders and other stakeholders who can’t get their voices heard but who, in service to shorter and simpler narratives, paid short shrift to the active and contentious debate about shareholder primacy and shareholder value maximization.