Hedging Risk In Real Estate

Neal Elkin of PIonline.com writes in A Better Way To Hedge Risk In Real Estate: “What if institutional investors, while increasing their allocations to both residential and commercial mortgage-backed securities, had been able to hedge their exposure to the underlying collateral?” The author looks at some of real estate based indexes tracking U.S. property prices […]

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Insider Trading and Family Betrayal

Bruce Carton put together a collection of insider trading enforcement actions involving family betrayal: The Five Levels of Familial Betrayal, SEC Edition.

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At Siemens, Bribery Was Just a Line Item

The New York Times ran an in-depth look at how entrenched corruption had become at the multi-national corporation: At Siemens, Bribery Was Just a Line Item. For his part, Mr. Siekaczek is uncertain about the impact of the Siemens case. After all, he said, bribery and corruption are still widespread.“People will only say about Siemens […]

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ACFE Report to the Nation Occupational Fraud and Abuse

According to research conducted by the Association of Certified Fraud Examiners (ACFE), U.S. organizations lose an estimated 7 percent of annual revenues to fraud. Based on the projected U.S. Gross Domestic Product for 2008, this percentage indicates a staggering estimate of losses around $994 billion among organizations, despite increased emphasis on anti-fraud controls and recent […]

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Institutional Investors Taking A Proactive Stance With President- Elect Obama

A group of 60 institutional investors send a letter to President-Elect Obama.  More than 60 institutional investors were signatories to this letter encouraging President-Elect Obama to improve financial risk disclosures by U.S. corporations. The letter encourages President-Elect Obama to Work in First 100 Days to Reverse Recent SEC Roadblocks to Shareholder Proxy Resolutions Inquiring About […]

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The Corporate Risk Management Library

Here are my notes from this webinar from Compliance Week, sponsored by CA, Inc.: Enhancing the Risk Profile of Your Organization: The Corporate Risk Management Library Speakers: Tom McHale, Vice President of Product Management, CA Christopher Fox, Principal Consultant, Governance Compliance and Risk Group, CA We are seeing a movement from executive autonomy to executive […]

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Government Seizes 650 Park Avenue

According to the Wall Street Journal, the United States Attorney for the Southern District of New York has filed a forfeiture proceeding against 650 Fifth Avenue in New York. In its press release: United States files civil forfeiture action against ASSA corporation’s interest in Manhattan office tower (.pdf), the DOJ claims that a 40% interest […]

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The Roles and Responsibilities of the General Counsel in the Organization’s Ethical Culture

The Markkula Center for Applied Ethics at Santa Clara University hosted a panel discussion on The Roles and Responsibilities of the General Counsel in the Organization’s Ethical Culture. The panel consisted of: Tom McCoy, executive vice president, legal affairs, and chief administrative officer, Advanced Micro Devices, moderator Craig Nordlund, senior vice president, general counsel and […]

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GE To Stop Offering Quarerly Earnings Forecasts

GE had originally begun making quarterly earnings forecast to display its consistent earnings to Wall Street. According to the Wall Street Journal, some GE observers think the earnings forecast prompted executives to sell assets or make other moves to hit their estimates. From a compliance perspective, you would be worried that the pressure to hit […]

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FCPA Trends and Patterns

Danforth Newcomb and Philip Urofsky of Shearman and Sterling have updated their  FCPA Digest of Cases and Review Releases and Recent Trends and Patterns in FCPA Enforcement (.pdf). In addition to a general increase in FCPA enforcement activity in recent years, four distinctive new trends can be seen. First, both the frequency and severity of […]

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