Considering that Apple is probably the leader in digital innovations, it’s not hard to believe the rumors that it is aggressively working on an “iWatch” product. I can’t think of another company more likely to release such a device. If the rumors are true, it would appear that Apple is near the final stage of development and could release the iWatch sometime this year.
Friday, February 15, 2013
Can the Apple iWatch Revolutionize the Wearable Device Trend?
Considering that Apple is probably the leader in digital innovations, it’s not hard to believe the rumors that it is aggressively working on an “iWatch” product. I can’t think of another company more likely to release such a device. If the rumors are true, it would appear that Apple is near the final stage of development and could release the iWatch sometime this year.
Thursday, February 14, 2013
Why the SEC's Aggressive FCPA Actions Are Useless
Elisse Walter, Chairman of the Securities and Exchange Commission, made the opening remarks at the Foreign Bribery and Corruption Training Conference in Washington, D.C. on Monday. The overall tone of the comments was optimistic about the agency’s capabilities, yet clearly suggestive of an intention to increase efforts to seek out and vehemently prosecute corporations who violate the FCPA.
Merriam-Webster defines bribery as “[the] crime of giving a benefit (e.g., money) in order to influence the judgment or conduct of a person in a position of trust (e.g., an official or witness).”
One of the more extreme examples of flagrant violations of the FCPA involved Wal-Mart Stores, Inc. (WMT) and the construction of a store in Teotihuacán, Mexico. It was ultimately discovered that the company took advantage of the depressed economic conditions in the region and bribed local officials to ignore protests by citizens, allowed construction to begin without necessary permits and surveys, and downplayed the potentially negative environmental impact of construction.
Merriam-Webster defines bribery as “[the] crime of giving a benefit (e.g., money) in order to influence the judgment or conduct of a person in a position of trust (e.g., an official or witness).”
One of the more extreme examples of flagrant violations of the FCPA involved Wal-Mart Stores, Inc. (WMT) and the construction of a store in Teotihuacán, Mexico. It was ultimately discovered that the company took advantage of the depressed economic conditions in the region and bribed local officials to ignore protests by citizens, allowed construction to begin without necessary permits and surveys, and downplayed the potentially negative environmental impact of construction.
Wednesday, February 13, 2013
McGraw-Hill Is Still a Good Buy Despite S&P Lawsuit
Sunday, February 10, 2013
Why the DOJ's Lawsuit Against S&P Will Do More Harm Than Good
The lawsuit against S&P is unprecedented, as there has never before been a suit of this type against a ratings provider. Perhaps that’s also one of the reasons that so many state prosecutors are jumping in on the suit, not to mention the possibility of separate actions from the SEC.
Is the Life Insurance Industry Dying?
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