"Dear Mr Buffet" a book written by, Janet Tavakoli - Finally reveals what we suspected the whole time about the Financial Crisis - that is leading us into a Depression - namely that this was caused by a immense Ponzi scheme that dwarfs anything Madoff ever did.
Here is a quote from the book, Tavakoli: "It was a massive Ponzi scheme with many players involved. At times you’d have the CDO manager, an investment bank and a hedge fund involved, all of them knowing they were doing the wrong thing. These people all wanted to get in on the fees, so they all went along with this stuff."
So do you get it? This wasn't an accident - this was a shrewdly calculated con - whereby a few people got very rich and the rest of the world got screwed! And guess what else? No one is holding them accountable! It looks like the crooks who scored the biggest ripoff of wealth in history are going to keep the money and walk off scott-free even as the entire world economy has been trashed by the falling bricks from the failed pyramid!
Well I guess if you want to learn more you should buy her book "Dear Mr. Buffett" and you might also want to write your Senator and Congressman and see if they plan on holding anyone accountable for the mess!
Good luck to all,
e-Wonk
Thursday, March 5, 2009
Thursday, February 19, 2009
Who or what is an e-Wonk?
Let's be direct; e-Wonk is a blog about messaging compliance - specificly in e-format.
That could be messages in eMail, Blackberry, SMS, Exchange, Sharepoint,Webex, LiveMeeting, Facebook, Linkedin or anywhere else data is transacted in an e-format.
Why should you read or follow this blog?
Perhaps because your job depends on it? (Reading this blog? No of course not - rather, executing your company into compliance with the alphabet soup of Compliance law that somehow you got dumped, I mean tasked with.)
So what is it that e-Wonk will be covering?
4 Things.
1) New Law and old as well as legal opinions that you should be aware of.
2) Prominent court cases that could effect you - the Information Services Pro - or the In-House Legal Counsel, or the CFO, or the Compliance Officer that has this problem on your plate.
3) Opinions - what do I think they mean - and what do my expert friends believe they mean?
4) Reviews and Interviews - we will talk about products and people that should help you to comply with the many regulations.
Which regulations are we especially concerned with here? Well first there is a little something called Federal Rules of Civil Procedure, which were fairly recently updated and effects e-discovery in virtually every legal case in the country.
The second is everything else: SEC, NASD, HIPAA, GLBA, Basil II etc etc....
Why should you listen to me? Well as National Manager of Regulatory Affairs for FrontBridge Technologies I travelled the United States speaking on these compliance issues. After Microsoft bought FrontBridge I continued to speak out regarding the issues of Messaging Compliance.
Most recently I have become a Certified Auditor for American Teleservices Association and I have also completed the CSCS or Certified Security and Compliance Specialist program offered by ecfirst.com
So enough about me, how can I help you? I will try to do this with opinion postings, news story links and the occasional interview. Although this is serious subject matter I hope to keep the conversation lively and occasionally humorous - so please bear with me!
Finally -I dont have all the answers - so I am hoping that together we can share our knowledge, help each other and have a little fun on the trip.
So welcome to e-Wonk, I hope it is valuable to you and I will be grateful for your feedback!
Your friend, Bernie Goulet - the "e-Wonk"
That could be messages in eMail, Blackberry, SMS, Exchange, Sharepoint,Webex, LiveMeeting, Facebook, Linkedin or anywhere else data is transacted in an e-format.
Why should you read or follow this blog?
Perhaps because your job depends on it? (Reading this blog? No of course not - rather, executing your company into compliance with the alphabet soup of Compliance law that somehow you got dumped, I mean tasked with.)
So what is it that e-Wonk will be covering?
4 Things.
1) New Law and old as well as legal opinions that you should be aware of.
2) Prominent court cases that could effect you - the Information Services Pro - or the In-House Legal Counsel, or the CFO, or the Compliance Officer that has this problem on your plate.
3) Opinions - what do I think they mean - and what do my expert friends believe they mean?
4) Reviews and Interviews - we will talk about products and people that should help you to comply with the many regulations.
Which regulations are we especially concerned with here? Well first there is a little something called Federal Rules of Civil Procedure, which were fairly recently updated and effects e-discovery in virtually every legal case in the country.
The second is everything else: SEC, NASD, HIPAA, GLBA, Basil II etc etc....
Why should you listen to me? Well as National Manager of Regulatory Affairs for FrontBridge Technologies I travelled the United States speaking on these compliance issues. After Microsoft bought FrontBridge I continued to speak out regarding the issues of Messaging Compliance.
Most recently I have become a Certified Auditor for American Teleservices Association and I have also completed the CSCS or Certified Security and Compliance Specialist program offered by ecfirst.com
So enough about me, how can I help you? I will try to do this with opinion postings, news story links and the occasional interview. Although this is serious subject matter I hope to keep the conversation lively and occasionally humorous - so please bear with me!
Finally -I dont have all the answers - so I am hoping that together we can share our knowledge, help each other and have a little fun on the trip.
So welcome to e-Wonk, I hope it is valuable to you and I will be grateful for your feedback!
Your friend, Bernie Goulet - the "e-Wonk"
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