Bad to the Bone

I see the Feds bagged some more bad dudes relating to the machining world. Zimmer, DePuy, Smith & Nephew, and Biomet owe $311 million in fines to the Federal Government [...]

Do we really need another Industrial Trade Show?

I did not attend the AMMO EXPO in Las Vegas, but I have talked with several people who did. The consensus is that the show was a commendable first try [...]

Bad Toys! Is China the only bad guy? (Noah Graff)

Is China the only bad guy in the lead paint fiasco, for which millions of Barbie dolls and other plastic toys were recalled? You have to blame China some. China [...]

Question: Who deserves a bigger punishment, Vick or Haas?

Gene Haas cheated the U.S. government out of millions of dollars because of a grudge over a patent depute. Michael Vick tortured and killed dogs. They both are going to [...]

Gene Haas and Michael Vick — Tragedies of Character

Two young men still at the top of their games copped pleas on August 27, 2007. They will both be going to Federal Prison despite their fabulous wealth and instant [...]

Gene Haas Pleads Guilty. Faces Two Years

OWNER OF PROMINENT MANUFACTURING COMPANY PLEADS GUILTY IN $34 MILLION FEDERAL TAX EVASION SCHEME LOS ANGELES – The owner of Oxnard-based Haas Automation, Inc. pleaded guilty this afternoon to a [...]

China takes responsibility for its sins (By Noah Graff)

Zhang Shuhong, owner of the Lee Der Industrial Company, responsible for supplying toys with toxic lead paint to Mattel, committed suicide over the weekend. My question is, would this scenario [...]

At the end of July, what are the financial markets telling us?

Ten-year U.S. bond rates have dropped 50 basis points (.5 percent) in 60 days. This is a significant lurch which will be felt almost immediately in lower mortgage rates. The [...]

Gene Haas Trial Coming

The Gene Haas tax evasion trial is projected to begin in September. It has been stalled by continuances, but both sides evidently want it to happen now. Denis Dupuis who [...]

The Customer Isn’t Always Right

I hear that Sprint has notified 1,000 of its customers that they are being terminated by the cell phone service provider. Sprint will get some momentary snickering PR, but frankly, [...]