America’s Real Iron Man: Elon Musk And His $50,000 Home

The world’s richest man, Tesla/SpaceX CEO Elon Musk, drew media fire by stating that his primary home is worth $50,000. Would he have done better boasting of an Iron Man suit? Billionaire Genius Playboy Philanthropist At one point in a 2012 Marvel Avengers super-hero movie, the chemically-enhanced-but-anally-retentive Captain America tries to throw shade on Tony…

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U.S. News Business-School Rankings: Crucial But Meaningless?

A former B-school dean boosted his school’s rankings by fraudulently misstating student test scores, work experience, and other data. If rankings weren’t crucial, he wouldn’t have done it. But might such rankings also be meaningless? Ranking Mania The last 30 years have seen an explosion of rankings. Among other things, we rank countries for rule…

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AmEx Learns The Hard Way: Pigs Get Fed; Hogs Get Slaughtered

A tax-planning adage states, “Pigs get fed; hogs get slaughtered.” In pushing a “dodgy tax break” to business customers, AmEx taught itself and them a lesson they should have already known. AmEx’s Tax Alchemy AmEx wanted to boost commission fees from business customers. So, it suggested to owners of closely held businesses that they make…

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Boeing 737 Max Aftermath: The Big Fish Get Away

After two 737 MAX crashes and 346 dead, prosecutors only go after a couple of mid-level Boeing employees. The prosecutor who cut Boeing its deal now works for Boeing’s law firm. Something smells fishy. Violating Basic Principles Previous columns here and here, described the decisions and events leading up to two separate crashes of Boeing…

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Instagram: Facebook’s Online OxyContin?

Instagram celebrity Pamela Reif

Leaked Facebook research shows that the company’s Instagram platform is “toxic” to teenagers, especially girls. Now what? Peddling Envy: The Only Deadly Sin That Gives No Pleasure The leaked research appears in, “The Facebook Files,” a multipart Wall Street Journal expose on Facebook. On one level, the information should come as no surprise. Generally available…

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