Word: divisionism
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How important are whistleblowers in catching investor fraud? According to Stephen Obie, acting director of the division of enforcement at the Commodity Futures Trading Commission, over 50% of Ponzi schemes and other frauds he investigates come to him through whistleblowers and investor complaints. The CFTC is the sister agency...
Markopolos has made several recommendations to the SEC, including moving the commission to the financial centers in New York and Boston, finding more trained "foxes" who know the business, the creation of a "super agency" that would have teeth, or the total disbanding of the agency and turning things over...
In an attempt to reduce its budget for next year by $12 million, Harvard College Library—which manages the circulation of over 11 million items—will shuffle personnel to streamline its services, and will likely be unable to avoid layoffs this spring. For now, the move...
The numbers are not the reason that Yahoo does not matter. What matters is that it is no longer a company with even a modest voice in the media industry. The time when Microsoft CEO Steve Ballmer might have bought it or its search division is probably over. Ballmer is...
Wall Paper. The first exhibition to open at LACMA's new Renzo Piano designed-building, the Broad Contemporary Art Museum, examines the artwork produced on either side of the Berlin Wall during the postwar division of the country. The "Art of Two Germanys/Cold War Cultures" displays paintings, sculptures, photographs, videos...