The Evil Empire » companies

Mark-to-Market and the Last Honest Man (Columbia Journalism Review)

Kayekay — Thu, 02 Apr 2009 12:59:24 +0000

Jonathan Weil over at Bloomberg finds a great way to illustrate the see-no-evil-hear-no-evil policy being instituted by the accounting-standards board FASB to make banks look healthier.

Google drops “don’t be evil” motto (ZDNet)

Kayekay — Wed, 01 Apr 2009 21:55:59 +0000

Google is reported to be searching for a new corporate motto to replace its famous “don’t be evil” because it has become an easy target for its critics. David Krane, a senior spokesperson for Google, told SVW: “I never liked it. I always felt that it would…

CEO Who Returned Funds Notes TARP’s Stigma (NPR)

Kayekay — Wed, 01 Apr 2009 20:26:57 +0000

New York-based Signature Bank has returned $120 million in federal TARP funds to the Treasury. President and CEO Joseph DePaolo says the TARP program is now perceived as helping “evil” banks, and he doesn’t want that stigma associated with his company.