Beware, whistleblowers. Once you attempt to point out wrongdoing, your company will more than likely come back at you hard. Sound farfetched? Tell that to Jack Palmer, an Infosys employee whose tale was recently chronicled by Julia Preston at the New York Times.
Judge Rakoff agreed with Deutsche Bank and dismissed two investor lawsuits involving the sale of residential mortgage backed securities the bank internally referred to as “crap,” “pigs,” and generally “horrible.” And “crap” they were, as we all know now (and it appears that Deutsche Bank knew before they sold them to investors). The mortgages were […]
Okay, first a disclaimer: I am all Apple, all the time. I’m currently typing on my MacBook Pro; I will be talking later on my iPhone. Later still I will be listening to music from my iTunes account on my iPod. I am now the proud owner of an Apple TV gizmo and if they […]
We are a country built upon the rule of law. It may not be perfect. With every case there is a winner and a loser, and sometimes the losers have the better argument. But it works in the main. And it works in large amount because we have an independent judiciary. Judges—yes they are human—bringing […]