How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust: Elizabeth Holmes was just 19 years old when she dropped out of Stanford University with a dream of creating a company that would revolutionize blood testing. She founded the start-up Theranos and boasted her technology… Read More The post How Did Theranos Deceive So Many? appeared first on The Big Picture.
How did Google get so big? 60 Minutes reports on the power of Google, a company whose critics say has stifled competition: Most people love Google. It’s changed our world, insinuated itself in our lives, made itself indispensable. You probably don’t even have to type Google.com into your computer, it’s often the default setting, a… Read More The post Is Google an (illegal) Monopoly? appeared first on The Big Picture.
Congress has failed to use Congressional Review Act procedures to scupper the payday lending rule. Pending CFPB and court challenges may still doom the measure.
An example of how the peer environment influences crime levels.
A brazen example of CalPERS staff trying to muscle board members and have them violate their fiduciary duty regarding a massive, misguided, and sketchy private equity outsourcing scheme.
Assange's luck in staying out of the hands of the US may be coming to an end.
A bit of evidence suggests that Charles Asubonten may be on his way out of CalPERS.
The CalPERS Board President, Priay Mathur, the Board Services Unit, and board members are pre-signing expense forms in violation of the California Penal code.
CalPERS not only looks to have tried to throw the phone voting in a runoff election last year in favor of the incumbent, but it is acting awfully guilty by refusing to cough up records and data.
CalPERS CEO Marcie Frost appears to be doubling down on her initial bad judgment about Chief Financial Officer Charles Asubonten's resume misrepresentations by featuring him prominently at a board committee meeting next week.
Airbnb is on the run in Europe and desperate to find allies.
Why are inmates in California jails being medicated at much higher rates than in the past?
More SEC enforcement theater on the private equity front.
An investigative report suggests that Berkshire Hathaway's mortgage lending operation discriminates against minority borrowers.
Good riddance to Eric Schneiderman.
Is Mueller engaging in prosecutorial overreach in the form of trying to set a perjury trap for Trump?
Many gig economy firms will have to classify a big swathe of their workers as employees or radically change their business models.
Yet more lawless behavior at CalPERS.
Matthew Kadnar, this week’s guest on Masters in Business, had a good career going as a lawyer. He was a senior associate at Melick & Porter, and then became in-house counsel for LPL Financial Services. But Kadnar was intrigued by the market, and made the big transition from being an attorney to asset management. He… Read More The post MIB: Making the Switch From Law to Finance appeared first on The Big Picture.