McKinsey Faces Probe Over Conduct in Bankruptcy Cases, NYT Says
By Linly Lin November 8, 2019
McKinsey & Co. is facing a federal criminal investigation in the way the consulting firm advised bankrupt companies, theNew York Times reported, citing five unidentified people with knowledge of the matter.
Prosecutors and Justice Department officials have conducted interviews about McKinsey’s advisory role in at least two bankruptcy cases, coal producer Alpha Natural Resources Inc. and alternative energy firm SunEdison Inc., the newspaper said, citing one person who had been questioned by the Federal Bureau of Investigation.
Buttigieg Says McKinsey Clients Included Blue Cross, Best Buy
By Tyler Pager December 10, 2019
Pete Buttigieg on Tuesday released the names of clients that he worked for as a consultant at McKinsey & Co., a list that includes Blue Cross Blue Shield Michigan, the U.S. Postal Service and the Department of Defense.
Buttigieg also worked for Loblaw Cos., the Canadian grocer, as well as Best Buy Co., the National Resources Defense Council, the Environmental Protection Agency, the Department of Energy and the Energy Foundation.
He then worked at the Department of Defense, focusing on increasing employment and entrepreneurship in Iraq and Afghanistan. As part of that work, he was based in Washington but traveled to both of those countries. His last project was for the Postal Service, based in Washington, where he worked on finding new sources of revenue.
Warren demanded that he release his McKinsey client list as the consulting firm was criticized, including by Buttigieg himself, for its work on opioids and migrant detention.
Kudos for shining light on McKinsey’s ops I