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 […]
Joe Koletar notes an article (The Economist, November 22, 2014, page 68), “Lying, Cheating Bankers.” He writes, “Researchers split a group of 128 bankers with an average of twelve years’ banking experience into two groups. The control group was asked a series of harmless questions about how much they watched television and similar questions. The […]
(A Roundup of Quotable Notes from our Bloggers) Notice how thin the line is getting between propriety and unethical/illegal behavior in today’s business miasma? The shameless chase for personal wealth takes on many dimensions. Our blogger contributors—highly alert for signals of such compromising behaviors—have been chatting among themselves. Joe Koletar: “The December 10 issue of […]
See previous posts (See “Does a Leopard Change Its Spots: New Case Reprise, Nov 1; “Where’s the Personal Accountability, Nov 2, and “The Whole Thing is Largely a Joke, Nov 3). Our blogging team has moved into a new, but related, quadrant of thought about bank recidivism in returning to illegal behaviors, ushered in by […]
Daven Morrison, MD, is scheduled for a live interview on the online radio program, “FraudTalk.” Timing of the interview: Monday, December 15, 9:00 am CST, 7:00 am Pacific Time, hosted by Chris Marquet. FraudTalk is an informative weekly program covering recent fraud cases, trends, characteristics and preventive strategies—an ideal venue for one of our authors […]
(By Joe Koletar) An important, and often over-looked, element in cases like the one discussed in the previous two posts is the personality of the US Attorney (the lead prosecutor.) Many have political ambitions down the road (e.g. Rudy Guiliani in NYC.) Judges also play a role, in two ways. Some just want to be […]
(By Dr. Sri Ramamoorti) I was particularly struck by the following comments in that article (see previous post), which are uncannily reminiscent of the comments I made during the Q&A period at an FBI panel session that Vic [Hartman] moderated in Indianapolis in late August this year. “Even now that prosecutors are examining repeat offenses […]
(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 […]
(By Daven Morrison)To build on earlier posts regarding the Steve Wessel Case (see previous two posts): As the cardiologist assesses the heart, the psychiatrist assesses the mind. When the heart or the mind malfunctions, the physician seeks to understand what happened and what can be done to get things back on track. In the workplace, […]
(By Victor Hartman)More than 25 years ago, I was sitting in an FBI Academy classroom soon to become a newly minted FBI Agent. I heard a presentation on the legendary but notorious Charles Ponzi. I thought to myself, how stupid for someone to get caught up in such a “transparent” scheme and certainly this is the kind […]