Categories
The Wirecard Saga

Perpetual Motion Machine, Part 1


Welcome to The Wirecard Saga, literally one of the leading sources on all things Wirecard. In this series, Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors takes a look at the biggest financial scandal in post-war Germany from a variety of angles.  In this ‘Perpetual Motion Machine, Part 1 episode, Mikhail continues her exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal. Some of the highlights include:

  • Wulf Matthias has friends ‘round
  • Loetscher wants his personality forgotten
  • Braun plays hide and seek
  • Nikki Air just isn’t good enough
  • Creditors first round win in Austrian courts
  • Prosecuting is so much work
  • 20 defendants to go
  • Not enough time for Schellenbacher
  • Schellenbacher, Ukrainian oligarchs, Meinl Bank and Marsalek
  • Meinl, Weinzierl and Russia
  • Julius Meinl, Cinq
  • Meinl and the Binary Options Gang
  • Schellenbacher, the Austrian node
Categories
Compliance Kitchen

State Department and Corrupt Actors

 
The Kitchen takes a peek into the newly released Corrupt Actors Report from the State Department, covering numerous politically exposed persons from Honduras, El Salvador and Guatemala.

Categories
Greetings and Felicitations

The Naked Time and Warp Drive


Welcome to Greetings and Felicitations. In this series I am joined by Astrophysicist and Healthcare Futurist Ben Locwin. In this podcast we consider the TOS episode The Naked Time as a starting point for the consideration of the science around the warp drive. A landing party from the Enterprise beams aboard Psi 2000, an ancient planet about to break up. They find all six of the crew manning the station dead. Crewman Joey unwisely removes his gloves is contaminated by a red liquid. As Psi 2000 shows a shift in magnetic field and mass, the Enterprise begins a close orbit requiring constant vigilance.
Unfortunately, an infected Lt. O’Reilly has turned off the warp engines.  To restart the warp engines, matter and antimatter must be mixed in a controlled implosion. However, after mixing matter and antimatter at a colder than recommended temperature according to an untested intermix formula, the Enterprise is thrown into a time warp which causes the chronometer to run backwards. This allows the Enterprise to escape the breakup of the planet, returning it 71 hours into the past and therefore before any of the episode’s events took place.
 
Highlights include:
1.   Why must you suspend your disbelief for this episode?
2.   How would a warp drive work in practice?
3.   Why does E=MC²control this issue?
4.   What is antimatter?
5.   What is the time wise effect on high speed travel?

Categories
Popcorn and Compliance

Loki, Episode 5 – Journey into Mystery


Tom Fox and Megan Dougherty are back to review the Disney series starring the Marvel Cinematic Universe character, Loki, in the new series, appropriately enough named Loki. In this episode, they take a look at episode 5, Journey into Mystery. Each episode will feature a review of the sysnopsis, Cookies and other cool stuff and then go through some of the questions they have from each episode. It will be a rollicking great time. Join us for all 6 episodes. Spoiler Alert-if you have not seen the episode, Tom and Megan will be taking a deep dive into all of the storylines. In today’s episode we discuss:

  1. Story Synopsis.
  2. Cookies, easter eggs and other cool items.
  3. Questions going forward and back.
Categories
Career Can D0

Treat Employees Like Family with Jessica Levine


 
Welcome to the Career Can Do podcast, a show dedicated to helping you navigate the new work world. Host Mary Ann Faremouth, bestselling author of Revolutionary Recruiting and Revolutionary Invention, chats with experts in the business and recruiting industries and shares tips to help you realize your career goals.
 

 
This week’s guest is Jessica Levine, General Manager of Jonathan’s The Rub restaurant at Memorial Green. Jonathan’s is a family-run, award-winning restaurant. Jessica says that one key to their success is that they create a “Cheers effect, where everybody knows your name”. She tells Mary Ann that restaurants face three hurdles post-COVID: attracting guests back, getting employees to return to work, and better access to inventory. She shares how Jonathan’s has been able to overcome these challenges successfully. 
 
Mary Ann asks Jessica how they have been able to maintain such low employee turnover. Jessica responds that it boils down to treating their employees like family. Their healthcare plan is also a big incentive for employees to stay, she adds. If more restaurants offered healthcare benefits, fewer workers would leave. 
 
Resources
Jonathan’s The Rub restaurant
For catering inquiries: jonathanscatering@att.net | 713-467-9000
Faremouth.com
 

Categories
Compliance Into the Weeds

FINRA Enforcement Actions involving Robinhood


Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week Matt and Tom take a deep dive into the two recent FINRA enforcement actions involving the trading platform Robinhood. Some of the issues we consider are:

  • What were the underlying facts?
  • Were red flags missed, consciously avoided or outright ignored?
  • Where was compliance?
  • Why must the human element always be present in compliance?
  • Why business continuity is really a compliance issues.
  • What about the IPO? 

Resources
Matt in Radical Compliance
Lessons from Robinhood

Categories
Daily Compliance News

July 14, 2021 the Magical Thinking edition


In today’s edition of Daily Compliance News:

  • Elon Musk testifies. (FT)
  • Lawyer has amnesia on the witness stand. (Law Gazette)
  • Massive cruise ships banned in Venice lagoon. (Bloomberg)
  • Lordstown and ‘magical thinking’. (NYT)