The business world kept chugging along with the festive season fast approaching but when it came to the naughty or nice list it seems there was an oversupply of naughty this week.
We begin with the Fed raising interest rates due to an improving American economy for the first time in a long time showing promise. Alas things only get worse from here onwards after it was discovered that government agencies had spent a whopping $4.4billion to promote themselves under the Obama administration. But it wasn't just organizations in the news, individuals made headlines with a security guard being arrested for stealing $5million worth of diamonds after they were accidentally thrown out and Yahoo! CEO Marissa Mayer on the hot seat for a lavish $7million Great Gatsby inspired party even with news of major restructuring at the business. But at the top of the naughty list was the Pharmaceutical CEO who made headlines earlier in the year for raising the prices of AIDS drugs. Martin Shkreli was arrested this week by the FBI for running a ponzi scheme and securities fraud.
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