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GalloCast

GalloCast: Episode 11 – CEOs Behaving Badly

Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the Gallocast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of ComplianceLine. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the Sunday dinner table. Hosted by Tom Fox, the Voice of Compliance.

Football season returns to this brings another season of the GalloCast. Nick and Gio are both known for their outspoken nature and deep understanding of workplace dynamics, CEO-worker relationships, and ethical decision-making. Nick believes in the importance of ethical sourcing, labor and social responsibility, and community engagement in creating a beneficial workplace environment. He emphasizes the role of the compliance and ethics team in ensuring ethical practices and the balance between self-interest and the well-being of employees and stakeholders. On the other hand, Gio stresses the importance of authenticity and cultural change in improving workplace dynamics. He believes that a mere change in name or logo is not enough, there needs to be an authentic push by leadership to build a culture of integrity. Join Tom Fox and the Gallo brothers, Nick and Gio, on this episode of the GalloCast.

Key Highlights

·       Do workers need to see pain?

·       CEOs behaving badly. 2 top CEOs resign for having affairs with subordinates or outright harassment. Rubiales resigns.

·       Huge oil field discovered of Namibia. How should a company prepare?

·       SEC probes Musk corporate perks.

·       CBRE busted over pre-taliation. Why having the right contract language is important.

·       Will a name change for SNC-Lavalin help it overcome its corrupt past?

·       SCCE. What are you expecting?

 

Resources

Nick Gallo on LinkedIn

Gio Gallo on LinkedIn

Ethico

Tom Fox 

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Categories
Daily Compliance News

Daily Compliance News: September 20, 2023 – The Sins of The Parents Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

·       SEC probes Musk corporate perks.   (WSJ)

·       CBRE busted over pre-taliation. (Radical Compliance)

·       FTX sues SBF’s parents. (FT)

·       BASF fights ‘conspiracy jurisdiction’. (Reuters)

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Daily Compliance News

Daily Compliance News: September 14, 2023 – The What Could Go Wrong Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • Head of China’s top insurer jailed for corruption. (BBC)
  • Musk headed to arbitration against Wachtell. (Reuters)
  • PE plunges into NIL. (FT)
  • Tech leaders school Congress on AI. (NYT)
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Daily Compliance News

Daily Compliance News: May 17, 2023 – The $1 BN Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition:

  • Ecuador President to face impeachment trial. (FT)
  • Wells Fargo to pay $1bn to settle shareholder suit. (WSJ)
  • Ukraine Supreme Court under investigation for corruption. (Reuters)
  • Changed my mind not reason to reverse a settlement, even for Elon Musk. (CNBC)
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Daily Compliance News

April 7, 2023 – The Good Friday/Passover Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • DFS shut Signature Bank for liquidity reasons, not crypto reasons. (WSJ)
  • When Elon yaps? (Reuters)
  • China has nothing to do with TikTok except defend it. (NYT)
  • Steinmetz blames George Soros for losing the appeal. (FT)
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Daily Compliance News

March 9, 2023 – The 4-Day Work Week Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • Rio Tinto settles FCPA violations. (WSJ)
  • Is UK ‘Death Valley’ for tech start-ups? (FT)
  • Legislation was introduced to create a 4-day work week. (WaPo)
  • FTC is looking into Twitter privacy practices. (NYT)
Categories
Daily Compliance News

February 16, 2023 – The Defending Fraud Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • Banks want visibility into account ownership data bank. (WSJ)
  • China national soccer head arrested on corruption charges. (FT)
  • Bankruptcy court rejects call for another investigation into FTX collapse. (Reuters)
  • After having accused Twitter of fraud, Musk now defends lawsuits accusing Twitter of fraud. (Bloomberg)
Categories
Daily Compliance News

January 31, 2023 – The Company That Bribed the World Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • Stormy Daniels hush money case goes to NY grand jury. (NYT)
  • Too embarrassed to drive a Tesla. (BBC)
  • J&J’s attempt to escape talc powder liability fails. (Reuters)
  • Saman Ashani was sentenced in the US. (FT)
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Daily Compliance News

January 24, 2023 – The Funding Was Secured Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

·       When is it time to step down.  (Bloomberg)

·       Elon Musk now says funding was secured.  (WSJ)

·       Dual purpose test upheld by SCT for attorney/Client privilege claim.  (Reuters)

·       Ukraine President vows action against corruption. (NYT)

Categories
Daily Compliance News

January 23, 2023 – The Do As I Do, Not as I Say Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • Middle East corruption is pervasive. (National Review)
  • Amazon is under additional investigation. (WSJ)
  • Musk’s new defense is ‘do as I do, not as I say.’ (Reuters)
  • Ukraine MoD denies corruption. (Barron’s)