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The Gordon Gekko Effect: The Role Of Culture In The Financial Industry

The Gordon Gekko Effect: The Role Of Culture In The Financial Industry by Andrew W. Lo Abstract Culture is a potent force in shaping individual and group behavior, yet it has received scant attention in the context of financial risk…

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EFCC Still Probing Suspects in Halliburton Scandal

The Economic and Financial Crimes Commission (EFCC) is still investigating suspects fingered in the Halliburton bribery scandal and would proceed with prosecution when meticulous examination of the issues is completed, spokesman of the commission, Wilson Uwujaren, told The Guardian yesterday….

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Are Hackers Targeting The Healthcare Industry?

Hollywood Presbyterian Medical Center paid hackers 40 bitcoins, currently worth about $17,000, following a Feb. 5 cyberattack which shut down its computers, CEO Allen Stefanek reported. Ransomware is a digital fraud scheme where hackers lock a computer system by encrypting…

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Factors holding back the world economy

Seven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report World Economic Situation and Prospects 2016, the average growth rate in developed economies has declined by…

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Is Bernie Making Billionaires Nervous? Watch This Attack Ad And Decide (VIDEO)

A Super PAC called Future 45 is airing a new attack ad targeting Bernie Sanders, and his plans to raise the minimum wage, The Intercept reported. The ad supports the agenda of billionaires funding the Super Pac. In the ad,…

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Factors holding back the world economy

Seven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report World Economic Situation and Prospects 2016, the average growth rate in developed economies has declined by…

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Unlocking the gridlock of poverty

Just how much the normative terminology of ‘development’ evolved over the years is a question that renders innumerable contentious responses, based on varying value judgments. An attempt to define a monolithic term of such magnitude compels us to encapsulate the…

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Google and Microsoft Back Apple On FBI Encryption

The heads of Google and Microsoft have stood behind Apple in criticizing a court order to assist the FBI in breaking into an iPhone used by one of the killers in the San Bernardino shooting. Apple CEO Tim Cook rejected…

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France – Paris Attacks – Paris attacks enabled by encryption, NSA chief claims

Last year’s deadly attacks in Paris “would not have happened” without the use of encrypted communications to enable the perpetrators to avoid detection, the NSA chief said in an … National Security Agency director Michael Rogers was quoted in a…

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The Huge French Scandal Nobody Is Talking About In The U.S. (And It Could Be Powering Your Home)

The multi-billion dollar energy company Areva, with a headquarters in Charlotte North Carolina, employs over four thousand people in forty-four locations across North America. In Africa it exploits the land, pollutes the environment, and profits, while locals live in poverty….