Comments on: Heart of Securities Fraud http://www.ephblog.com/2009/07/03/heart-of-securities-fraud/ All Things Eph Tue, 16 Mar 2010 23:08:12 +0000 http://wordpress.org/?v=abc hourly 1 By: frank uible http://www.ephblog.com/2009/07/03/heart-of-securities-fraud/#comment-58981 frank uible Sat, 04 Jul 2009 11:54:44 +0000 http://www.ephblog.com/?p=18552#comment-58981 Human beings what they are, there are, in practice, no such things as Chinese Walls. Human beings what they are, there are, in practice, no such things as Chinese Walls.

]]> By: Ken Thomas '93 http://www.ephblog.com/2009/07/03/heart-of-securities-fraud/#comment-58977 Ken Thomas '93 Sat, 04 Jul 2009 07:45:09 +0000 http://www.ephblog.com/?p=18552#comment-58977 David: One of Bob Jackall's works on these issues was "Moral Mazes," in which he outlined the segmentation and fracturing of responsibility in the financial institutions. Even in SOC 101 (and then later), he gave a good comparison with National Socialism's division of responsibility. (Later, Peter Schneeberger '92, living next to me, would give me updates on the seminar Bob ran on the segmentation of responsibility in modern institutions of power). In venture circles, I sometime refer to this as my "bullshit detector." In the above, there is high level of what I other-times refer to as "the middens of the male cow." If I can get a few good lines about this inserted into the coverage of events in Mexico over the next few days, I'll be lucky. Mitofsy predicts an enormous gain for the PRI. We'll see; they gave us 5-7% in 2006, which is right in line with the precinct data analysis I now have, so maybe their methods are valid. But what happens, will be another story. And BoM's line of credit with the IMF... David: One of Bob Jackall’s works on these issues was “Moral Mazes,” in which he outlined the segmentation and fracturing of responsibility in the financial institutions. Even in SOC 101 (and then later), he gave a good comparison with National Socialism’s division of responsibility. (Later, Peter Schneeberger ‘92, living next to me, would give me updates on the seminar Bob ran on the segmentation of responsibility in modern institutions of power).

In venture circles, I sometime refer to this as my “bullshit detector.” In the above, there is high level of what I other-times refer to as “the middens of the male cow.”

If I can get a few good lines about this inserted into the coverage of events in Mexico over the next few days, I’ll be lucky.

Mitofsy predicts an enormous gain for the PRI. We’ll see; they gave us 5-7% in 2006, which is right in line with the precinct data analysis I now have, so maybe their methods are valid. But what happens, will be another story.

And BoM’s line of credit with the IMF…

]]> By: frank uible http://www.ephblog.com/2009/07/03/heart-of-securities-fraud/#comment-58953 frank uible Fri, 03 Jul 2009 11:17:13 +0000 http://www.ephblog.com/?p=18552#comment-58953 Caveat emptor! One does not have to be financially sophisticated to avoid the vast majority of incipient horror stories. If the purchase/sale/deal doesn't pass the smell test, then one doesn't do it even though an opportunity at times will be missed. Of course, it behooves one to have a passable nose. Caveat emptor! One does not have to be financially sophisticated to avoid the vast majority of incipient horror stories. If the purchase/sale/deal doesn’t pass the smell test, then one doesn’t do it even though an opportunity at times will be missed. Of course, it behooves one to have a passable nose.

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