McKinsey Consulting

McKinsey Consulting

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See: The Power of the contrived White Paper, From UCLA

See also Matt Rogers HERE>>>

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Opening Remarks In Rajartnam Trial: “Greed And Corruption

Mar 9, 2011 … THE RAJ TRIAL BEGINS: “Greed And Corruption — That’s What This …. a discussion with his brother about a McKinsey consultant who is “a …

http://www.businessinsider.com/raj-trial-prosecution-opening-argument-2011-3View by Ixquick ProxyHighlight

McKinsey‘s corrupted culture | Felix Salmon – Reuters

Mar 10, 2011 … The reason you hire McKinsey is that its consultants have seen strategic business issues … That’s not bad apples, it’s a culture of corruption.

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Is There a Culture of Corruption at McKinsey? – CNBC.com

Mar 10, 2011 … “Three McKinsey consultants all channeling confidential information to a single hedge-fund manager who wasn’t even a client? That’s not bad …

http://www.cnbc.com/id/42014827View by Ixquick ProxyHighlight

McKinsey & Company – Wikipedia, the free encyclopedia

McKinsey & Company, Inc. is an American global management consulting firm that focuses on solving issues of concern to senior management. The firm serves  …

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NHS reforms: American consultancy McKinsey in conflict-of-interest …

Nov 5, 2011 … Firm receives £250000 a year from government while also providing paid-for advice to GPs affected by changes.

http://www.theguardian.com/ society/ 2011/ nov/ 05/ nhs-reforms-mckinsey-conflict-interestView by Ixquick ProxyHighlight

Are All Consultants Corrupt? | Fast Company | Business + Innovation

Apr 30, 2002 … McKinsey & Co., the bluest of blue-chip consulting firms, gave Enron its strategy – – and even its former CEO. Jeffrey Skilling’s model for Enron …

http://www.fastcompany.com/44850/are-all-consultants-corruptView by Ixquick ProxyHighlight

McKinsey‘s reputation: Unwanted attention for a discreet firm | The …

Mar 2, 2011 … But elite consultants, and McKinsey foremost among them, consider …. corruption …. is not rarer in the west …. just shared by a larger plutocracy …

http://www.economist.com/blogs/newsbook/2011/03/mckinseys_reputationView by Ixquick ProxyHighlight

Innovation in government: Brazil | McKinsey & Company

To use public money more efficiently and to help deter corruption, Brazil’s government is disclosing detailed information about federal spending—and giving …

WHO WORKED AT MCKINSEY AND WENT THROUGH THE DAVID FOSTER “THINK TRAINING”:

Business

Politics and public service

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Is There a Culture of Corruption at McKinsey?

On Thursday March 10, 2011,

The revelation that there may have been a “third man” at McKinsey with connections to the alleged insider trading schemes of Galleon founder Raj Rajaratnam casts a shadow across the reputation of the famous consulting firm. How deep does the corruption run?

If the allegations by the Securities and Exchange Commission against former Galleon chief Rajat Gupta are true, we know that McKinsey was lead by a man who was willing to betray the very corporations who had entrusted him to sit on their board of directors. It would mean that for nearly a decade McKinsey was led by a deeply corrupt man.

Another former McKinsey partner, Anil Kumar, has already pleaded guilty to passing information to Rajaratnam in return for bribes.

Now a third man has been brought into the mix. Kara Scannell of the Financial Times reports:

Jonathan Streeter, a federal prosecutor, told the jury that they would hear a recording of a phone conversation Mr Rajaratnam had with his brother “talking about plotting to get inside information from a consultant at McKinsey”. He said Mr Rajaratnam tried to get the person, described by the hedge fund trader as “dirty”, to “play ball” by possibly placing the person’s wife on the Galleon payroll.

Clients of McKinsey have to be wondering if the famous consulting firm has devolved into a snakepit.

“Three McKinsey consultants all channeling confidential information to a single hedge-fund manager who wasn’t even a client? That’s not bad apples, it’s a culture of corruption. At this point it’s unimaginable that it wasn’t happening elsewhere as well,” Felix Salmon writes.

John Gapper at the Financial Times warns that “McKinsey now faces a crisis of corporate reputation which it needs to address in order to avoid its brand being badly tarnished.”

It may seem extreme to draw conclusions about an entire firm from the actions a few individuals. But it’s not. Individuals at the top set the tone and establish the culture of a firm. When they are morally compromised, the ethics of the firm rot. Far more than any regulation or official supervision from government authorities-it’s the ethics embodied by a firm’s leadership that will determine whether the firm as a whole is ethical.

Take Lehman Brothers. It’s more than apparent that the personal character of Dick Fuld had a lot to do with the shenanigans that helped accelerate that firm’s demise. And Fuld’s dishonesty was apparent early on. According to former executives, back when Lehman was owned by American Express, the bond traders were required to report their daily profits and losses to the “upstairs” management.

Afraid that the American Express executives would become aware of how much risk the traders were taking, the traders started fudging the numbers. On days they made a lot of money, they didn’t report all of it. On days when they lost money, they concealed the losses with the unreported profits from the prior day. It made the daily profits and losses look smooth. They called it “Dick’s Reserve.”

Is it any wonder that decades later, Lehman executives would be discovered to have used accounting gimmicks to make the firm’s balance sheet look healthier than it was?

Gupta’s lawyer says he hasn’t done anything wrong. Rajaratnam pleaded innocent of the charges against him. We don’t know who this “third man” is.

But right now, McKinsey is looking very, very bad. If the corruption started at the top, it’s a good bet it spread throughout the firm.


http://www.h1bvisasucks.com/H1BDiscussions_issue_bush.htm 

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Mckinsey wrote the white papers at the request of Rogers, Chu, Spinner to sell the White House and Congress on the Silicon Valley Vc’s Lithium Ion Battery Investments.

Carl T. Whinover

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Inside McKinsey – FT.com

Nov 25, 2011… most self-consciously high-minded consulting firm and a corrupt hedge fund boss. For outsiders, intrigued by and suspicious of the McKinsey …

http://www.ft.com/cms/s/2/0d506e0e-1583-11e1-b9b8-00144feabdc0.htmlView by Ixquick ProxyHighlight

Consultant Nation – NYTimes.com – The New York Times

Dec 10, 2011 … His pitch to voters sounds an awful lot like the pitch that Bain or McKinsey consultants make to prospective clients. And one final — darker …

https://www.nytimes.com/ 2011/ 12/ 11/ sunday-review/ consultant-nation.htmlView by Ixquick ProxyHighlight

Federal Eye – Beleaguered agency brings in the consultants – Blogs

Sep 14, 2010 … You hire the high-priced consulting firm McKinsey & Co. to tell you … Whether they can root out this pervasive corruption remains to be seen.

voices.washingtonpost.com/ federal-eye/ 2010/ 09/ beleagured_agency_brings_in_th.htmlView by Ixquick ProxyHighlight

Western Companies Caught Up in Chinese Bribery Inquiry – New …

Jan 20, 2007 … Chinese police have detained 22 people from several large companies, including ABB, McDonald’s, McKinsey & Company and Whirlpool.

http://www.nytimes.com/2007/01/20/business/worldbusiness/20bribes.htmlView by Ixquick ProxyHighlight

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Here are other interesting connections to CARGATE/MCKINSEY:

  1. William D. Watkins, CEO, Bridgelux
  2. Vinod Khosla, Founder Khosla Ventures.
  3. Lee Burrows, Partner, VantagePoint Venture Partners
  4. John Doerr, Partner, Kleiner Perkins
  5. Thom Siebel, Founder, Chairman of C3
  6. Elon Musk, Chairman, Tesla, Chairman, CEO SolarCity
  7. John Steinberg, Founder, CEO, Ecofactor
  8. Steve Jurvetson, Partner Draper Fisher Jurvetson.
  9. Bill Gross, Founder Idealab.
  10. Ray Lane, Partner Kleiner Perkins.
  11. Steve Westly, Founder The Westly Group.
  12. Ric Fulop, Founder, A123Systems
  13. Bob Metcalfe, Partner, Polaris Venture Partners
  14. Scott Lang, CEO, Silver Spring Networks
  15. Shai Agassi, Founder, CEO Project Better Place
  16. Richard Lowenthal, Founder, CEO, of Coulomb Technologies
  17. Frank Varasano, Founder, Former CEO V-Vehicle
  18. Al Gore, Chairman Generation Investment Managment, Partner Kleiner Perkins
  19. Bernard Tse, Founder, CEO, of Atieva
  20. Bill Joy, Partner Kleiner Perkins
  21. Scott Faris, CEO Planar Energy Devices
  22. Trae Vassallo, Partner, Kleiner Perkins
  23. Rob Ferber, CTO of KLD Energy Technologies
  24. Warren Weiss, Partner Foundation Capital

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McKinsey, the Insider Trading Scandal, and the Problems With …

Mar 6, 2011 … Some of it is no doubt that consultants in general and McKinsey in … to sail through this period of obvious widespread corruption among the …

http://www.nakedcapitalism.com/ 2011/ 03/ mckinsey-the-insider-trading-scandal-and-the-problems-with-consulting .htmlView by Ixquick ProxyHighlight

McKinsey & Company – SourceWatch

Jul 17, 2013 … Help Us Shine a Bright Light on CorruptionMcKinsey & Company … McKinsey & Company is a global management consulting firm founded …

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McKinsey‘s millionaire consultants mock our stupidity « Snouts in the …

Sep 26, 2012 … But judging from a song reportedly sung at a McKinsey consultants’ Christmas party, McKinsey‘s millionaire consultants don’t think much of …

http://www.snouts-in-the-trough.com/archives/3175View by Ixquick ProxyHighlight

Groundbreaking Studies by the United Nations, Goldman Sachs and …

Jul 5, 2007… in the areas of human rights, labour, environment and anti-corruption. … McKinsey & Company is a management consulting firm that helps …

http://www.unglobalcompact.org/newsandevents/news_archives/2007_07_05d.htmlView by Ixquick ProxyHighlight

Harnessing technology for transformation – Voices On Society

But corruption remains a serious problem; in 2010, Transparency International … Earlier in his career, Bannick was a management consultant with McKinsey and …

voices.mckinseyonsociety.com/ harnessing-technology-for-transformation/ View by Ixquick ProxyHighlight

Revolving Doors – Corruption Info

Contact: unicorn@againstcorruption.org … She has worked for McKinsey management consultants and is a freelance advisor to various health related …

http://www.againstcorruption.org/BriefingsItem.asp?id=12433View by Ixquick ProxyHighlight

Obama Senior Official Resigns Amid Corruption Investigation | Fox …

Jul 28, 2011 … Obama Senior Official Resigns Amid Corruption Investigation … He worked as a consultant for McKinsey & Company in Singapore before …

http://www.foxnews.com/ politics/ 2011/ 07/ 28/ obama-senior-official-resigns-amid-corruption-investigation/ View by Ixquick ProxyHighlight

McKinsey Procurement 2013 – SlideShare

Oct 13, 2013 … SOURCE: McKinsey Procurement 20/20 McKinsey & Company |; Five …. corruption McKinsey & Company |; Implications on Purchasing and …

http://www.slideshare.net/morellimarc/mckinsey-procurement-2013View by Ixquick ProxyHighlight

McKinsey looks set to stay top of the heap in management consulting

Sep 26, 2013 … September 26, 2013 Schumpeter The future of the Firm McKinsey looks set to stay top of the heap in management consulting Sep 21st 2013 …

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With Gupta‘s Arrest, Insider Inquiry Goes Beyond Wall St. – NYTimes …

Oct 26, 2011 … Rajat K. Gupta was “the illegal eyes and ears in the boardroom” for a … As the head of McKinsey & Company, the prominent consulting firm, Mr.

https://dealbook.nytimes.com/ 2011/ 10/ 26/ gupta-surrenders-to-authorities-on-insider-trading/ View by Ixquick ProxyHighlight

Rajat Gupta‘s Lust for Zeros – NYTimes.com

May 17, 2013 … Rajat Gupta, who was indicted in the largest insider trading case in United States history. … down from the top job at McKinsey, the consulting giant, in 2003. But Rajaratnam’s name had turned radioactive since his arrest, on …

https://www.nytimes.com/ 2013/ 05/ 19/ magazine/ rajat-guptas-lust-for-zeros.htmlView by Ixquick ProxyHighlight

Rajat Gupta, Ex-Goldman Director, to Serve 2 Years in Trading Case …

Oct 24, 2012 … Rajat K. Gupta, the former Goldman Sachs director, was sentenced to two … Mr. Gupta, 63, who ran the consulting firm McKinsey & Company and … on Mr. Gupta, who was arrested on insider trading charges last October.

https://dealbook.nytimes.com/ 2012/ 10/ 24/ rajat-gupta-gets-2-years-in-prison/ View by Ixquick ProxyHighlight

Rajat Gupta Arrested in Insider Trading Case – Technorati Finance

Oct 26, 2011 … Rajat Gupta, 62, former head of McKinsey & Co and a director on the board of many prestigious US corporations including Goldman Sachs, …

http://www.technorati.com/ business/ finance/ article/ rajat-guptaarrested-in-insider-trading/ View by Ixquick ProxyHighlight

Articles about Rajat Gupta – Times Of India

Rajat Gupta arrested, charged with securities fraud … The former McKinsey & Co chief accused of insider trading in the US, has resigned from the chairmanship …

articles.timesofindia.indiatimes.com/keyword/rajat-guptaView by Ixquick ProxyHighlight

Ex-Goldman director Gupta charged in insider case | Reuters

Oct 26, 2011 … NEW YORK (Reuters) – Rajat Gupta, who sat on the boards of some of America’s most prestigious companies, was arrested and charged on … Gamble and former global head of the McKinsey & Co consultancy, is the most …

http://www.reuters.com/ article/ 2011/ 10/ 26/ us-gupta-charges-idUSTRE79P06520111026View by Ixquick ProxyHighlight

Insider trading scam | Ex-Goldman director Rajat Gupta arrested – Mint

Oct 26, 2011 … New York: Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was in FBI custody on …

http://www.livemint.com/ Politics/ prSj5m0Ngq7Byb4A8O6dmI/ Insider-trading-scam–ExGoldman-director-Rajat-Gupta-arres.htmlView by Ixquick ProxyHighlight

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