Corporate Challenges to Workman’s Comp

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For quite a while, the state of Texas has allowed companies to opt out of workman’s comp and write their own benefit plans. As a result, benefits for the same body part can differ dramatically depending upon which company you work for. Questions 1. Who is Bill Minick and what corporate movement is his firm… Read more »

Amazon goes “brick and mortar”

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In an unusual move, Amazon opened a storefront bookstore in Seattle’s University Village mall. Questions: 1. What are the characteristics of the books sold in the “brick and mortar store”? 2. In addition to books, what other products does the store carry? 3. What do you see as the costs and benefits of this new… Read more »

A Disturbing Trend

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A controversial law enforcement known as civil asset forfeiture allows police to seize and keep cash and property from people, who are suspected of wrongdoing but may never be charged. Despite public outcries, the use of this procedure has increased in the past decade. Questions: 1. The figures in reports show “the size of the… Read more »

Incredible Law School Debt

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The median LSAT score of students admitted to Florida Coastal School of Law was among the lowest 25% nationwide. Despite the fact that the average debt of the 2014 graduating class had $163,000 in debt, may not pass the bar, and probably cannot repay the debt, this school is one of six for-profit law schools… Read more »

Vintage Frauds

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The issue of fake wines started to become headline news a few years ago when the so-called Thomas Jefferson bottles, several old bottles of Bordeaux, claimed to have belonged to Thomas Jefferson were offered by a German wine collector named Hardy Rodenstock. Bill Koch, the brother of the notorious Charles and David Koch, bought four… Read more »

Kaleil Tuzman: The Rest of the Story

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Kit Digital Inc.’s former chairman and chief executive officer and its former chief financial officer were arrested and charged with accounting fraud at the software company. Questions: 1. What was the type of accounting fraud that Tuzman and Smythe are charged with committing? 2. According to the article, how much money was involved and who… Read more »

It’s Too Late for I’m Sorry!

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Volkswagen shares plunged more than 20 percent on Monday, their biggest one-day fall, after the German carmaker admitted it had rigged emissions tests in the United States, and U.S. authorities said they would widen their probe to other manufacturers. Questions: 1. Briefly explain the emissions data scandal. 2. What was the recent challenge to Volkswagen… Read more »

“A Very Dangerous Process”

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Specialists in infectious disease are protesting a gigantic overnight increase in the price of Daraprim,a 62-year-old drug that is the standard of care for treating malaria and toxoplasmosis. Questions: 1. What are the causes of price increases for drugs like Daraprim? 2. What is the past controversy associated with Martin Shkreli, the founder and chief… Read more »

A Poor Recordkeeping System

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The department’s inspector general of the Department of Veterans Affairs said Wednesday that a total overhaul of the record-keeping system at the VA could take years. Questions: 1. In the scathing report, what was the estimate of the number of veterans that had already died waiting for treatment and why weren’t they removed from the… Read more »

A Model of Innovation or Intimidation?

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According to the New York Times, white-collar workers at Amazon are encouraged to tear apart one another’s ideas in meetings, toil long and late (emails arrive past midnight, followed by text messages asking why they were not answered), and held to standards that the company boasts are “unreasonably high.” The internal phone directory instructs colleagues… Read more »