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  • Facebook removed from S&P list of ethical companies after data scandals

    06/21/2019 4:54:09 PM PDT · by Jyotishi · 11 replies
    The Telegraph ^ | June 13, 2019 | Margi Murphy
    Poor governance and privacy concerns have knocked Facebook out of an influential ethics index that tracks socially responsible companies.  Standard & Poor's Environmental, Social, and Governance (ESG) Index said that it had booted Facebook after the company scored poorly for social responsibility and governance, achieving 22 and 6, respectively, out of 100.  Facebook's disappointing results were due to a number of privacy concerns at the social network in recent years including “a lack of transparency as to why Facebook collects and shares certain user information”, said Reid Steadman, S&P's social and governance chief.  This includes allowing more than 150 companies...
  • The tax class O must have skipped

    04/21/2011 3:44:24 AM PDT · by Scanian · 12 replies · 1+ views
    NY Post ^ | April 20, 2011 | MICHAEL BARONE
    Did Barack Obama take Tax 1 in law school? I did, and I remember the first day of classes, when mild mannered Professor Boris Bittker asked a simple question: "What is income?" I was pretty confident I could come up with a quick answer, and so were a lot of other students. By the end of the hour, after Professor Bittker had politely punched huge holes in every student's definition, it was pretty clear that none of us could. Income is a slippery concept -- especially slippery when you're trying to tax it. Which leads me to think that Obama...