The college entrance scam

Posted by & filed under Ethics, Student life.

Description:   Did you hear the news this past week about the college entrance scam? About 50 people – including an Academy Award nominee – were arrested in the United States for their roles in gaming the admissions system at elite schools, all with the aid of William Rick Singer. Singer, in exchange for healthy sums… Read more »

Remembering Enron

Posted by & filed under Ethics.

Description:   Well it was one of the most spectacular corporate failures of this century, the sudden decline of Enron. The crash of this company put thousands out of work, ruined their pensions and left stockholders holding worthless shares in a former stock market darling. As well, Enron took down one of the world’s largest accounting… Read more »

The Lavalin issue(s)

Posted by & filed under Ethics.

Description:    This past week, Parliament was dominated by just what Justin Trudeau may – or may not – have done to intervene in the so-called Lavalin affair. If we look at SNC-Lavalin’s recent history, however, we quickly realize the engineering firm is no stranger to controversy. The stakes are high in the charges it… Read more »

Surprising CRA survey

Posted by & filed under Ethics.

Description:  In what might be called an ethics survey of Canadian tax preparers, the Canada Revenue Agency has some surprising results. While about 60% do feel failing to report cash income is a serious issue, about half of those preparers don’t see much wrong about a charity giving an inflated tax receipt. Professor Ian Lee… Read more »

Financial misconduct ousts Nissan chair

Posted by & filed under Corporate Governance, Ethics.

Description:  Nissan Chairman Carlos Ghosn has been ousted for financial misconduct. This is shocking news for the man credited with turning the company around. The details of the investigation have not been made public, but one aspect seems to be a under reporting of Ghosn’s compensation. Ghosn has been arrested along with a Nissan director… Read more »

Hey Ticketmaster!

Posted by & filed under Ethics.

Description:  Have you ever wondered if you were paying a bit too much for those tickets you’ve been buying from Ticketmaster? Well, joint undercover research by the CBC and the Toronto Star has revealed some disturbing news. It appears that Ticketmaster is permitting high volume scalpers to use its TradeDesk system. Scalpers can buy significant… Read more »

Blowing the Whistle

Posted by & filed under Ethics.

Description:  This Labour Day CBC radio took the title of the day to heart by hosting a special Workplace Whistleblower documentary https://www.cbc.ca/radio/it-s-in-their-dna-what-makes-people-blow-the-whistle-over-their-silent-counterparts-1.4791859 . Whistleblowers bring forward problems in their workplaces, but as can be seen in the accompanying article, blowing the whistle can mean the end of their careers. Interestingly enough, the problems with the Pheonix… Read more »

Equifax insider

Posted by & filed under Data security, Ethics.

Description: Many of us recall the Equifax data hack last year. Approximately 150 million consumers may have had their private data fall into the hands of the hackers. And many were shocked to hear last year that Equifax waited a number of weeks before revealing the security breach to the public. Now we are finding… Read more »

Sentencing the Knowledge House leaders

Posted by & filed under Ethics.

Description: At one time, the e-education company Knowledge House was a well-respected leader in Nova Scotia’s tech sector. But that, as they say, was some time ago. With over 100 employees in the late 1990s, Knowledge House imploded in 2001 when its share price collapsed. On Friday, two key players from the company’s executive suite… Read more »

Twitter posts a profit

Posted by & filed under e-Commerce, Ethics.

Description: After years of losses, Twitter has finally posted a quarterly profit. New tools that have helped to keep users online longer could be behind the recent success. This is definitely better news for Twitter than all the 2017 talk of how Russian bots may have infiltrated the social media platform and influenced the 2016… Read more »