This is a story about Underinflated Footballs and Angry Capuchin Monkeys. It is for those of you who manage the finances – the purse strings – of an organization. Read on to see if this post goes where you think it might . . . (By Daven Morrison) The New England Patriots are currently awaiting […]
We hang the petty thieves and appoint the great ones to public office. ~Aesop Answering a Question Northwestern University has a Masters in Public Policy and Administration program and this program has a comprehensive course on the finance. Over the past year I have been a guest lecturer on fraud. As the year reached completion, […]
(By Jack Bigelow) An article in the October 29 New York Times describes a pattern of what is believed to be a series of broken promises (to be good) among big banks caught in illegal transactions. The article, authored by Ben Protess and Jessica Silver-Greenberg, describes the pattern as the “Wall Street equivalent of a […]
(Repeat of a LinkedIn Posting of August 14: Nixon Resignation @ 40: Lessons for the Risk Officer on Deception, Caveat Emptor and Politics) https://www.linkedin.com/pulse/article/20140814204036-5071179-linkedin-and-nixon-deception-caveat-emptor-and-politics (By Daven Morrison, MD)Richard Nixon resigned as President 40 years ago. His presidency, his personality and his actions mark a low point in Americans’ trust of leadership. Only a few years […]
Presentation: “The Psychology of Fraud” Guest Lecture for Public Finance for Public Administration By Daven Morrison, M.D. As part of Public Finance for Public Administration, an established course on Finance for students in a Masters of Public Administration (MPA) course at Northwestern University, Daven Morrison has presented as a guest lecturer on the psychology of fraud. […]
(By Daven Morrison) As the world turned and watched the World Cup, it was witness to an unpleasant and ugly foul: the biting of Giorgio Chellini of the Italian national team by Luis Suarez of Uruguay. Although the deed wasn’t seen by the referee (an important aspect of fraud to which we will return later) […]
(By Daven Morrison) In the 1960s in my hometown of Chicago, protestors chanted “the whole world is watching”. They brought attention to the fact that what had been done by the police relatively invisibly was now exposed to not only the local Chicago news but the entire world. What had been previously dismissed and hidden […]