#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
2 weeks 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
3 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
fromLos Angeles Times
1 month agoTop officers for LAFD union suspended after audit finds $800,000 in unaccounted spending
The leadership of UFLAC has abdicated its fiduciary responsibilities and placed Local 112 in ill repute. The financial malpractice by the leadership of UFLAC has dealt serious harm to the membership.
NYC 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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