This kindness is just the latest amid an outpouring of love and support for Gianna and the rest of George's family. She's already been offered a full-ride scholarship to Texas Southern University in Houston -- and of course, we know Kanye has set up a college fund for her. … [Read more...] about Barbra Streisand Helps George Floyd’s Daughter Become Disney Shareholder
In the hierarchy of the SEC, the chief accountant plays a major role in working to pursue misleading and phony financial disclosures. Turner held the post a decade ago, when one of the most significant cases was swallowed up by the SEC bureaucracy. In the late 1990s, the agency had an open-and-shut case against the Rite Aid drugstore chain, which was using diabolical accounting tricks to cook their books. But instead of moving swiftly to crack down on such scams, the SEC shoved the case into the “deal with it later” file. “The Philadelphia office literally did nothing with the case for a year,” Turner recalls. “Very much like the New York office with Madoff.” The Rite Aid case dragged on for years — and by the time it was finished, similar accounting fiascoes at Enron and WorldCom had exploded into a full-blown financial crisis. The same was true for another SEC case that presaged the Enron disaster. The agency knew that appliance-maker Sunbeam … [Read more...] about Why Isn’t Wall Street in Jail?
(Netflix said Hastings will earn $34.6 million – a $650,000 base salary and $34 million in annual stock options – in 2020. Sarandos will also earn $34.6 million but with $20 million cash salary and $14.6 million in options. Netflix executives can choose how to split their pay between cash salary and options. Option awards are granted on the first trading day of each month.) … [Read more...] about As Rich 2019 Paydays Roll In, Media CEO Salaries Will Be Hard To Justify In A COVID-19 Economy
The Laurie Nunn-created Sex Education has consistently been a top audience draw for Netflix since it launched in 2019, generating more than 40 million views in its first month alone. A third season is expected to start production soon. Eleven has also produced the BAFTA-nominated Glue and The Enfield Haunting. Upcoming commissions include political thriller White Stork for Netflix, starring Tom Hiddleston as a young politician set to become Prime Minister, and young adult horror series Red Rose for the BBC. … [Read more...] about Sony Pictures TV Buys Majority Stake in ‘Sex Education’ Banner Eleven
Despite providing Mr. Dickinson with links to the many mainstream media pieces that mocked, discredited, and criticized a Bloomberg Markets article on a Koch foreign subsidiary’s lawful business in Iran, he fails to include any of that information. Koch directly addressed the rank falsehoods emerging from the story multiple times, a repetition made necessary by political partisans and agenda-driven activists who spread known falsehoods in much the same way Mr. Dickinson does here. If he would have bothered to include our statement or link to our responses or other media coverage, he would have seen key information that impeaches the credibility of Bloomberg Market’s key source for his story – a former European employee who praised the company previously and never raised any issue about trade with Iran before he left. In any event, the fact that last decade a European subsidiary did some limited business in Iran is irrelevant since, as we have explained multiple times, … [Read more...] about Koch Industries Responds to Rolling Stone – And We Answer Back