#financial-mismanagement
#financial-mismanagement
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Remote teams
fromChicago Tribune
1 week agoCTA paid some employees to stay home, not work, watchdog says
CTA paid employees to stay home for five years, totaling nearly $1.13 million for remote work that couldn't be performed.
CTA's management neglected to address wasteful payments despite awareness of the issue.
#california
Non-profit organizations
fromwww.mercurynews.com
1 week agoMoney in the pockets of administrators': California charter school network steers millions in taxpayer money to opaque firm tied to execs
Concerns of financial misconduct and mismanagement of taxpayer funds at Elite Academic Academy initiated by a former teacher's revelations.
London startup
fromSilicon Canals
1 week agoUK's Builder.ai collapses: Microsoft-backed AI startup files for bankruptcy after revenue overstatement and lender action - Silicon Canals
Builder.ai, despite efforts to recover, has declared bankruptcy after a major creditor seized funds amid significant revenue misrepresentation.
fromwww.mercurynews.com
2 weeks agoPac-12 tax filings for FY2024 show revenue drop, cash for WSU and OSU, Kliavkoff's salary, massive relocation costs
The Pac-12's last financial report reveals significant revenue decline and executive pay issues, emphasizing fiscal mismanagement as key factors contributing to the conference's downfall.
SF politics
fromwww.mediaite.com
6 months agoHegseth Spox Trashes Blockbuster New Yorker Expose: Get Back To Us' With Real Journalism'
In response to claims of financial mismanagement and misconduct, Hegseth's spokesperson dismissed the allegations as "outlandish" and the reporting as the work of a "petty and jealous disgruntled former associate."
Miscellaneous
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