Nov 30th, 2009
DailyMail.co.uk had this story concerning hospitals and the folks that run them. It turns out that even though these hospitals were making the top worst lists in the country, the directors were rewarding themselves with juicy pay raises – some as high as 32 percent.
The report by healthcare analysts Dr Foster found that 12 trusts [...]
Oct 19th, 2009
If watching the financial news has taught us anything, it’s that insider trading a huge mistake. Chances are good that you will be caught, and punishment isn’t usually light. I mean, Martha Stewart, beloved of housewives everywhere, was sentenced to jail. If she wasn’t able to buy, or guilt, her way out of punishment, then [...]
Aug 10th, 2009
Bernie Madoff ruined the fortunes of thousands and rocked the financial world, easily claiming the title of Jerk of the Year. But he couldn’t have done it alone, and now federal prosecutors are going after his lackeys and co-conspirators.
Aug 7th, 2009
Every now and then, executive jerks are held accountable and forced to pay for their mistakes.
Former CEO of insurance giant AIG will have to pay to $15 million to settle charges with the SEC, CNNMoney reports. Hank Greenberg’s been accused of inflating earnings at his headline-attracting company and the SEC sued him for accounting fraud. [...]
Jul 30th, 2009
Astonishing news coming from the AP today, which reported the findings from NY Attorney General’s investigations into the 2008 bonus compensation reports of bailed-out banks like Citigroup and Bank of America. And the results aren’t pretty.
Jul 29th, 2009
Following all that news about banking executive jerks receiving massive bonuses while their companies crumbled, it seems like Congress is starting to listen to angry taxpayers.
Jul 27th, 2009
Sometimes you don’t have to be an individual in order to be a top executive jerk. Such is the case in North Carolina, where big ISP providers are trying to keep internet costs high. They’re avoiding cheaper options and keeping “high” overhead in order to pass the charges along to the customers. What jerks!
There’s been [...]
Jul 24th, 2009
Adam Kutner puts on a good face in his ads. He looks helpful as he assures potential customers that he can help them in their times of legal crisis. But back in his office it’s a completely different story. His personnel report that he becomes a tyrannical monster, barraging them with foul language and racial [...]
Jul 10th, 2009
Ausaf Umar Siddiqui, Vice President of Fry’s Electronics, manages a unique spot here on this blog. Not only was he being a Class A Executive Jerk, he managed to get caught in what might possibly be the stupidest way ever. First, the part that makes him a rich jerk who only wanted to get richer.
Siddiqui [...]