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Officers of the Court (Gwen Moritz Editor's Note) | Arkansas Business News

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Long ago I worked with a reporter who routinely suggested potential news stories without any idea of whether they were factual. His setup “Wouldn’t it be a great story if …” became a newsroom punchline. I have no reason to believe that he actually fabricated any articles, but his approach to journalism made me nervous. I have never known another reporter who did that.
I was reminded of that dude as I edited Senior Editor Mark Friedman’s two-part story about the 2015 death of 20-year-old Luke Baker in a Jefferson County hunting lodge and the misery and litigation that trailed in its wake. (See Lawyers Called Greedy in Fatal Gunplay Case and Private Autopsy, Public Blowback in Fatal Gunplay Case.) ....

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The Most Expensive Beanie Baby (Gwen Moritz Editor's Note)

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Disclaimer: I lost $18 at Oaklawn in 1979, and I’m still not over it. The misery of getting nothing for something taught me that I’m not a gambler. I don’t buy lottery tickets, and I don’t invest in individual stocks. I’m not trading dollars for any cryptocurrencies.
It should be self-evident, then, that I’m not buying any nonfungible tokens, and wouldn’t even if I was sure I understood exactly what NFTs are.
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Last week’s issue of Arkansas Business was devoted mainly to our annual celebration of young business and community leaders, the 40 Under 40. But I hope you also took note of Senior Editor Mark Friedman’s article on NFTs, which he described as “digital collector’s items.” ....

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Trust But Verify (Gwen Moritz Editor's Note)

Pro tip: Never trust a man who talks about his “smoking hot mom.”
Cody Easterday is a piece of work, as you undoubtedly know if you read Senior Editor Mark Friedman’s front-page article last week. Easterday is the 49-year-old rancher from southeast Washington who pleaded guilty in March to defrauding Tyson Foods Inc. of $233 million and an unidentified company of $11 million.
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To be fair, it wasn’t until his father died on Dec. 10 a few days after he confessed his scheme to Tyson executives that Easterday shared a decades-old photo of his parents on Twitter and described his mother as “smoking hot.” By then, Tyson executives were grappling with the fact that they had, over a period of years, paid hundreds of millions of dollars for cattle that didn’t exist and nonexistent feed to fatten them up. And that Easterday, in his words, “had pissed it a ....

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Trust But Verify (Gwen Moritz Editor's Note)

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Misplaced trust is a common theme in the fraud cases I ve observed over the past two decades, as is the failure to make simple, routine checks.
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