It is remarkable the way that McKinsey goes from train wreck to train wreck yet manages to depict itself as some sort of Corporate America Zelig: ever on the scene but not doing much of anything in particular. This is despite the fact (for instance) that McKinsey was singularly responsible for the biggest value destroying deal of all time, save maybe Bayer’s purchase of Monsanto, which was the Time Warner acquisition of AOL. McKinsey pitched AOL to the Time Warner board five times and the board had the spine to reject it only four times.
Or how about the Enron bankruptcy? McKinsey was all over Enron every bit as much as Arthur Andersen had been, but didn’t leave fingerprints at the crime scene like signing off on Enron’s financials…even thought it was widely acknowledged as having approved of the accounting treatment that sank Arthur Andersen.
Mexico Jan 21, 2020
Hundreds of Central American migrants were stranded in a sort of no-man’s land on the river border between Guatemala and Mexico after running up against lines of Mexican National Guard troops deployed to keep them from moving en masse into the country and on north toward the U.S. Immigration Jan 19, 2020
The U.S. government says it will deport a Honduran mother and her two sick children, both of whom are currently hospitalized, to Guatemala as soon as it can get them medically cleared to travel, according to court documents and the family’s advocates. The family’s advocates accuse the U.S. of disregarding the health of the children, ages 1 and 6,.