Marketfoolery

The SEC and U.S. Dept. of Justice team up to investigate Under Armour’s accounting practices. McDonald’s fires CEO Steve Easterbrook due to “poor judgment” in a consensual relationship with an employee.  Jason Moser analyzes those stories, mulls the future of both businesses, and weighs in on what Berkshire-Hathaway should do with its record $128 billion in cash on the balance sheet.