Category: Regulations

Stanford GSB: “How to Stop White-Collar Crime”

Very good, short, recap of Judge Jed Rakoff’s views on what really deters corporate crime on the Stanford GSB site:   What incentive would work to change corporate behavior? The threat of prison, says Rakoff. “I found that to a person, [executives accused of white-collar crimes] feared prison, and they feared it mightily. They would

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It’s Time to Put The Credit Bureaus Out of Business

Like 142.9+ million other U.S. consumers, my data was stolen from Equifax’s computers recently. Having been the (thankfully brief) victim of identify theft years ago, I can only hope that we all don’t suffer too much from Equifax’s carelessness with our data. As so many other commentators have noted, they have only one job to

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Wharton: “Why Corrupt Executives Are Rarely Prosecuted”

Don’t miss a great Knowledge@Wharton interview with Jesse Eisinger on his new book, The Chickenshit Club. Some highlights: Jesse Eisinger: The Justice Department has lost the will and ability to prosecute top corporate executives. They focus on settlements with corporations for money, and I think this undermines justice in America. Knowledge@Wharton: They lost the will. That’s

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Should London Change How We Think About Free Speech Online?

Last week terrorists once again attacked the people of London. Lives were shattered and lost yet again, and as such the nation’s leadership was forced to respond to the continuing threat that terrorists post to open societies. Leading the charge, the U.K.’s Prime Minister, Theresa May, decided to place a large part of the blame

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Microsoft’s President Makes the Case For A “Digital Geneva Convention”

In case you missed it, Microsoft’s Brad Smith makes an interesting suggestion in MIT Tech Review for a “Geneva” convention on cyber-security, and idea I have floated in our Security 50 CISO forum. Some excerpts: In recent years, computing and security companies have uncovered or been the victims of malware and network attacks that appear linked with military

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Dump Your Broker: Why Your Senator Should Manage Your Portfolio

There has been a lot of talk over the last few years about money in politics and just what kind of influence money buys in Washington. This is a serious issue for America, deserving of all the time and effort so many people are putting into addressing this problem. Interestingly, however, not so much attention has been focused on the other side of

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