McKinsey’s latest payoff to avoid admiting culpability reveals some of the inherent problems with high-end management consulting.
Recent Items
Saturday, July 19, 2025
Consulting Ethics: McKinsey Pays Additional $230 Million Opioid Settlement, Bringing Total to $870 Million
Topics: Banking industry, Corporate governance, Free markets and their discontents, Legal, Regulations and regulators, Social values
Posted by Yves Smith at 6:36 am | 16 Comments »
FCC Chair Confirms Plan to Reinstate Net Neutrality Rules Eviscerated Under Trump
The much-delayed appointment of a new FCC chair sets up the agency to roll back an anti-internet-freedom rule change under Trump.
Topics: Guest Post, Media watch, Politics, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:01 am | 9 Comments »
2:00PM Water Cooler 9/26/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 82 Comments »
Fracking Fallout: Is America’s Drinking Water Safe?
After many years, concerns about the impact of fracking on aquifers are finally going mainstream.
Topics: Energy markets, Environment, Guest Post, Regulations and regulators
Posted by Yves Smith at 10:12 am | 30 Comments »
Links 9/26/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 168 Comments »
Original Sin: How the Weak Legal Foundations of NATO Make Negotiations With Russia Virtually Impossible
As if there weren’t already a boatload of impediments to a settlement of the Ukraine war, NATO’s inability to enter into treaties is a biggie
Topics: Doomsday scenarios, Europe, Legal, Politics
Posted by Yves Smith at 6:52 am | 65 Comments »
Back to Business As Usual: The US Is Once Again Vigorously Stirring the Pot in Its Own “Backyard”
From Peru to Uruguay, to Ecuador and Guyana, the US is seeking to rebuild its strategic influence in Latin America, one gun at a time.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 23 Comments »
US Surveillance Firm’s Charm Offensive to UK Councils and Police Forces
US surveillance firm Fusus wants to bring supposed state of the art ‘real-time crime centres’ to the UK – with one being trialled this month
Topics: Guest Post, Politics, Social policy, Social values, Surveillance state, Technology and innovation
Posted by Yves Smith at 4:41 am | 8 Comments »
Loper Bright Enterprises v. Raimondo: A Conservative Assault on the Administrative State
Loper Bright Enterprises v. Raimondo is an even bigger case than United States v. Google, Inc.
Topics: Garrulous insolence, Guest Post, Politics
Posted by Lambert Strether at 3:25 pm | 14 Comments »
2:00PM Water Cooler 9/25/2023
~ Today’s Water Cooler: Open Thread ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 110 Comments »
Links 9/25/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 193 Comments »
Quelle Surprise! Bank Too Big to Fail Problem Not Solved as Lobbyists Scheme to Make It Worse
Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.
Topics: Banking industry, Federal Reserve, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 5:21 am | 22 Comments »
Forward-Looking Labor Supply Responses to Changes in Pension Wealth
Workers adjust their immediate labour supply in response to the income effects caused by changes to future pensions.
Topics: Income disparity, Politics, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Lambert Strether at 5:20 am | 4 Comments »
Summits Mark Rapidly Changing World Order
Radhika Desai and Michael Hudson discuss what the recent spate of major summits, from BRICS to the G20 to NATO portend.
Topics: Guest Post
Posted by Yves Smith at 2:02 am | 16 Comments »
Five Cute Videos of Dogs Swimming (Plus One Cat (Plus One Human))
“Happy the people in the swimming-pool and on the yacht….”
Topics: Curiousities
Posted by Lambert Strether at 3:25 pm | 11 Comments »