background preloader

Michael Lewis: Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?

Michael Lewis: Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?

Related:  Goldman Sachs - University of Phoenix

A Fed whistleblower on Goldman's conflicts² ProPublica’s Jake Bernstein reports on the intriguing tale of Carmen Segarra, a former Goldman Sachs bank examiner at the New York Federal Reserve who was fired for determining—and then insisting, after being told from superiors to say otherwise—that the bank’s conflict-of-interest policies were sorely lacking. Finding conflicts of interest at Goldman Sachs, of course, is like finding gambling in the casino. Conflicts are part of its raison d’être. As Bernstein points out, the old joke on Wall Street is that the firm’s motto is “If you have a conflict, we have an interest.” But Segarra’s was a very specific bureacratic mandate: Find out whether Goldman’s conflicts policies conformed with Fed rules issued amidst the financial crisis. They did not, according to her account.

Tablet Readers Don't Want Interactivity, Hearst President Says When Hearst first launched digital editions for the iPad, it loaded its titles with interactive features — features, Hearst President David Carey said, readers don't necessarily want. "We had to find out whether people wanted something all-new and interactive, or if they just wanted the magazine in mobile mode," Carey recounted onstage at Mashable's Media Summit in New York City Friday. "The industry overshot the interactivity early on. What we discovered is that most people just want the product itself," he explained, echoing the sentiments expressed by editors at The New Yorker and Popular Science. In 2010, Hearst partnered with app developer Scrollmotion to develop richly engaging magazine apps for the iPad.

Deepak Chopra: The Mideast Protests, Social Networks & the Global Brain Fans are worried that Stephen Colbert will lose his edge after he takes over from David Letterman on CBS’s The Late Show. But the competition between him, and Jimmys Fallon and Kimmel could refresh the stale landscape of late night. Oh television, you capricious beast you. One week, Stephen Colbert is the focus of a hashtag-led campaign to have his show canceled amid a race row, the next it is announced he has landed one of the plummest jobs on late-night television. Studies on National Movements Welcome to Studies on National Movements (SNM). This international online journal is devoted to the comparative historiography of national and regional movements and the theory formation of nationalism. Studies on National Movements is published by NISE, the platform for scholars as well as research and heritage institutes.

John Sperling John Glen Sperling (born January 9, 1921) is an American businessman who is credited with leading the contemporary for-profit education movement in the United States. His fortune is based on his founding of the for-profit University of Phoenix for working adults in 1976, which is now part of the publicly traded Apollo Group. For ventures ranging from pet cloning to green energy, he has widely been described as an "eccentric" self-made man by the Washington Post and other media.[1][2] Early life and education[edit]

A Look Around The Bend On The Health Innovation Highway Eric Topol M.D., director of the Scripps Translational Science Institute and author of The Creative Destruction of Medicine, describes what’s next in the continuing saga of technology-based industry disruption as the great inflection of medicine. While moderating a California Innovation discussion for expediting drug discovery and cures, and as a long-time Silicon Valley participant, I couldn’t help but notice parallels in medical discovery to the evolution of the Internet as a platform. It appears that a key milestone igniting Topol’s predicted future is emerging--the formation of a Health Innovation Highway. The Health Innovation Highway has the potential to do for medicine what the Internet did for business.

101 Short Stories that Will Leave You Smiling, Crying and Thinking post written by: Marc Chernoff Email Since its inception eighteen months ago, our sister site Makes Me Think (MMT) has truly evolved into a remarkable online community. Every day, users share their thought-provoking life stories and vote on stories that other users have shared. Michael K. Clifford Michael K. Clifford is an American businessman who is credited with leading the first regionally accredited non-profit university to convert to a for-profit company in American history. He is viewed by some as an education entrepreneur, finance strategist, and catalyst for creating high growth education companies, specifically in the online education sector. Early life[edit]

Related:  CopyrightEntertainementEntertainment NewsCommunicationsFashionAnonymousoledarbosLawFashion I ♥Nachrichten Kultur/GeschichteinspirationsFOREIGN