Ex-Carpet Cleaner Continues to Terrorize C-Suites

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by StockJockey
Wednesday, December 03, 2008 - 2:36 am

It has taken former carpet cleaner Barry Minkow nearly twenty years, but he has finally figured out a reasonably legitimate way to make money - by outing executives who pad their resumes, primarily their educational background. Lets not rush to judge the latest execs, as it appears a least one of Minkow's latest targets are disputing the findings.

But it could create a bit of a stink. Hardworking Broadcom employees certainly deserve better after what they have been through:

Microsemi Corp. Chief Executive Officer James Peterson and Broadcom Corp. Senior Vice President Vahid Manian, who both serve on the board of STEC Inc., claim to have earned degrees that their schools can’t verify.

Peterson, who lists degrees from Brigham Young University in government filings, never received them from that school, said Carri Jenkins, a university spokeswoman in Provo, Utah. He did take classes at Brigham Young from 1978 to 1980, Jenkins said.
Bloomberg

Manian didn’t earn degrees from the University of California at Irvine that are listed in his company biography, according to the school’s registrar. Broadcom’s Web site says he has bachelor’s and master’s of business administration degrees from the university.

Minkow’s Fraud Discovery Institute will continue to methodically work their way through documents, uncovering little white lies here and there. C-suite executives who have padded their resumes might want to come clean; sweeping these problems under the rug won’t make them go away.

Vanity Fair’s recently profile of Henry Nicholas left little to the imagination, but at least he did not fib about his credentials.  But he sure parties harder than Keith Richards ever did.
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You know things suck when Minkow, Hoofy and Boo (who were just awarded an Emmy) come after you.


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Microsemi, Broadcom Executives Didn’t Get Degrees, Schools Say
Bloomberg

Sex, Lies, and Underground Lairs - Vanity Fair On Henry Nicholas
Vanity Fair

Previously
Carpet Cleaner Takes Down MGM CEO
1440 Wall Street
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The content contained in this blog represents the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author. No Positions

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