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Welcome to the nexus of ethics, psychology, morality, technology, health care, and philosophy
Showing posts with label Scandal. Show all posts
Showing posts with label Scandal. Show all posts

Sunday, August 26, 2018

Ohio State places winning above morality by failing to fire Urban Meyer

Ryan Pawloski
The Daily Nebraskan
Originally published August 29, 2018

Here is an excerpt:

These off-field scandals were no secret back when Meyer was at Florida, and Ohio State showed that it was willing to look past them when it hired him a year after he left Gainesville.

It is evident that Ohio State kept Meyer because he wins, but the question still remains: Why did Ohio State fire Tressel after the 2011 tattoo scandal, but keep Meyer after knowing he kept a domestic abuser on his staff and lied about not knowing?

Tressel had a successful tenure as the Ohio State head coach from 2001-10 as he went 106-22 — 94-22 after NCAA sanctions — and won five Big Ten titles and one national title in 2002. Many would think that Ohio State would have kept Tressel just like it did with Meyer because he won, too.

The answer is simple. Meyer has been better for the Buckeyes than Tressel was. Tressel was one of the top coaches in the country at Columbus and any program would have taken him if he was on the market, but Meyer was better.

Meyer retired from coaching in 2010 because of health and family reasons. About six months later, Tressel was forced out by Ohio State because of NCAA violations. An explanation for Tressel’s termination was that Meyer was on the market and Ohio State knew it had a chance to get the coach it always wanted.

The info is here.

Thursday, September 8, 2016

Deutsche Bank's $10-Billion Scandal

By Ed Caesar
The New Yorker
Originally published August 29, 2016

Here is an excerpt:

Scandals have proliferated at Deutsche Bank. Since 2008, it has paid more than nine billion dollars in fines and settlements for such improprieties as conspiring to manipulate the price of gold and silver, defrauding mortgage companies, and violating U.S. sanctions by trading in Iran, Syria, Libya, Myanmar, and Sudan. Last year, Deutsche Bank was ordered to pay regulators in the U.S. and the U.K. two and a half billion dollars, and to dismiss seven employees, for its role in manipulating the London Interbank Offered Rate, or libor, which is the interest rate banks charge one another. The Financial Conduct Authority, in Britain, chastised Deutsche Bank not only for its manipulation of libor but also for its subsequent lack of candor. “Deutsche Bank’s failings were compounded by them repeatedly misleading us,” Georgina Philippou, of the F.C.A., declared. “The bank took far too long to produce vital documents and it moved far too slowly to fix relevant systems.”

The article is here.