Wednesday, May 25, 2005

http://story.news.yahoo.com/news?tmpl=story&;cid=562&e=3&u=/ap/20050524/ap_on_hi_te/protecting_privacy Great article with lots of details on security and exposure at the low tech level. Covers more on the mysterious Bank of America lost backup tape.  They shupped it as cargo on an airline ????? 7:41:56 AM    comment []

Monday, May 16, 2005

Identifying Great Management. How small investors can evaluate the quality of management. [The Motley Fool] Nice, nice article that applies ethics and review of value to First Data 5:50:44 PM    comment [] Harvard to Spend $50 Million on Faculty Diversity. The money will be spent on initiatives to recruit, support and promote women and members of minorities on its faculty. By By ALAN FINDER. [NYT > Home Page] Sounds like a president of the US promising to balance the budget after he is out of office.. oh,  but wait, that is what the current Pres has promised :-) 5:43:01 PM    comment [] Jury Awards Perelman $604.3 Million in Morgan Stanley Suit. The billionaire financer Ronald O. Perelman claimed that the firm knowingly misled him in a takeover deal. By By JENNIFER BAYOT. [NYT > Home Page] Shouldn't end up in the courts to push companies to do due diligence but right now, what ever it takes seems to be the answer .. What is the SEC and Boards of Directors supposed to be for again?? 5:20:48 PM    comment [] Study Examines Motives for Office Sabotage (AP). AP - Corporate insiders who sabotage computers so sensitive they risk endangering national security or the economy commonly are motivated by revenge against their bosses, according to a government study released Monday. [Yahoo! News: Technology News] Would be interesting to see if their conclusions held up with the private sector included and more sources.  After all, this time window includes some heavy going postal activity with the USPS that didn't go on in Corporate Amerika.  Would just be interesting to see this at a different level.  Especially in light of the recent BOA, Choicepoint ,etc. data exposure, lost files, etc. 4:41:04 PM    comment []

Thursday, May 05, 2005

Fidelity and Banks Face New Inquiry on Gift-Giving. The United States attorney in Boston is investigating Fidelity Investments, the mutual fund giant, as well as a number of Wall Street banks to determine whether the banks' brokers plied Fidelity traders with lavish gifts and decadent entertainment to try to win some of Fidelity's lucrative trading business, said two people involved in the investigation. By By JENNY ANDERSON. [NYT > Business] Uh oh,  here it comes! 8:39:53 PM    comment [] Cleveland Clinic Panel Gives Heart Failure Drug a Reprieve. A committee overruled more than four dozen of the clinic's cardiologists by deciding that the drug, Natrecor, would remain in use at the clinic. By By STEPHANIE SAUL. [NYT > Health] Bet this one comes back around... Wonder why they overruled and how their business ethics compliance program influenced their decisions (smirk) 8:32:07 PM    comment []

Wednesday, May 04, 2005

DaimlerChrysler Must Pay Kerkorian. By The New York Times. By By THE NEW YORK TIMES. [NYT > Business] 8:17:24 PM    comment [] Citigroup Units Kept Making Loans That Violated Policy. Citigroup lenders made hundreds of high-cost home loans to customers with poor credit histories in 2004, even though the company had adopted a policy a year earlier to no longer issue such loans, the bank acknowledged yesterday. By By ERIC DASH. [NYT > Business] Hmm- guess the memo got lost - - wonder if they used that same homeless Fed Ex service that Bank of America used to ship their backup tapes? 8:16:00 PM    comment [] Hollinger Directors Agree to Pay Settlement. By The Associated Press. By By THE ASSOCIATED PRESS. [NYT > Business] Kissinger and Jim Thompson paid out on this one... Man, we just might get regular people on Board of Directors sometime this decade since the big guys are realizing that they are really going to be expected to DO something other than just show up and collect outrageous amounts of money for being in the club. 8:14:57 PM    comment [] Intuit leader: CEOs should do time for crime. Intuit's Scott Cook believes CEOs should live up to a high moral code and that violators should be held accountable. [CNET News.com] 8:55:45 AM    comment []

Monday, May 02, 2005

Data for 600,000 Time Warner employees MIA. Company says tapes containing past and current employees' personal information got lost while in transit. [CNET News.com] Another one!  Still believe these have been happening all along.  Just getting exposure now after the law in CA. 4:26:56 PM    comment [] Military Mistake Caused Data Leak (AP). AP - Just a few clicks were enough to reveal names, training procedures and other secrets the U.S. military thought it had blacked out from an electronic report. [Yahoo! News: Technology] This is interesting.  The need to hide information still exists as it always had.  But, the skill to do it is at a much higher level than the admin blacking things out with a marker AND the more  complicated knowledge needs to be spread across a much larger group of people. Wonder how often this goes on in the legal area between plantiffs and defendents?  Or, is that why they continue to send things via paper?  Transparency will rule differently... I guess we better get used to it 4:06:57 PM    comment [] Postponement Sought for First Vioxx Trial. In a joint filing, lawyers for Merck and the widow of a man who died after reportedly taking the Merck drug Vioxx asked a state judge in Alabama to postpone the lawsuit. By By ALEX BERENSON. [NYT > Health] 3:17:41 PM    comment []

Tuesday, April 26, 2005

Deloitte to Pay $50 Million to Settle Adelphia Accounting Case. Deloitte & Touche has agreed to pay $50 million to settle civil charges that it should have detected the fraudulent bookkeeping at Adelphia Communications. By By JENNIFER BAYOT. [NYT > Business] 2:20:37 PM    comment []

Thursday, April 21, 2005

Bug death accused breached safety. An architect is found guilty of breaching health and safety laws after a fatal outbreak of Legionnaires' disease. [BBC News | News Front Page | UK Edition] 8:05:35 PM    comment []

© Copyright 2005 Judy Smith. Last update: 5/25/2005; 7:42:44 AM.