Archive for ‘Real Stories from the Field

December 1st, 2014

Appropriate Due Diligence

Appropriate Due Diligence Could this be the “Miss Manners” edition on due diligence? No – never! But it is about what is appropriate given the circumstances and time. We cannot […]

November 1st, 2014

FATCA and the Inadvertently Regulated

FATCA and the Inadvertently Regulated FATCA is a bad law at the wrong place at the wrong time and it will not be repealed. Not even the Republican Majority in […]

October 1st, 2014

Payments From Questionable Clients

Payments From Questionable Clients I remember a comment from an old Russian General about doing business. He said, “I was not trained in modern management with motivational inducements, or in […]

September 1st, 2014

Banks Have No Money for Small Businesses

Banks Have No Money for Small Businesses It is simple, with a recently announced 100 billion liquidity short fall for US and thus banks are not going to be lending […]

August 1st, 2014

BART and San Francisco Bay Area Ferries

BART and San Francisco Bay Area Ferries BART is a very good transit system with very outdated payment technology.  The machines that accept cards can only sell up to 5 […]

July 1st, 2014

6 Countries, 4 presentations, 28 days

6 Countries, 4 presentations, 28 days New York, NY – 2 days of AML training. It was a good class, but some still do not seem to understand how a […]

June 1st, 2014

Those who do not go away

Those who do not go away Few of you may actually know what I am talking about, but those who have suffered from these people know the rest of this […]

May 1st, 2014

MTN Trading Programs

MTN Trading Programs There have been frauds since they first surfaced. But they, like  pesky Nigerian inheritance scams and lotto winnings, just do not seem to go away. An example […]

April 1st, 2014

Education

Education I just spent some quality time at a major university law school and at an accelerated high school discussing ethics, corruption and fraud.  The reception I received was stunning.  […]

March 1st, 2014

Stupid Broker – Weapons Grade

Stupid Broker – Weapons Grade On a long plane ride from New York to Dallas, a gentleman sat next to me and began a conversation.  He eventually disclosed that he […]