Archive for the ‘Food for Thought’ Category

Internal Audit At JPMorgan Chase: Not High Profile Enough Yet

By Francine • Jan 31st, 2013

I thought after all that had happened at JPMorgan Chase last year – for example, billions in losses from the “whale” trade, investigations into Libor and AML illegal acts, multiple lawsuits including by the New York Attorney General for foreclosure fraud – someone would take a close look at internal audit and, maybe, make some big changes. I was wrong.

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Housing Problems: Where To Get Help

By Francine • Dec 9th, 2012

I asked Alys Cohen of the National Consumer Law Center what I can say when people ask me what to do about their foreclosure or mortgage modification nightmare.

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Deutsche Bank Fair Value Fakeout Didn’t Prevent Backdoor Fed Bailout

By Francine • Dec 7th, 2012

Deutsche Bank may have avoided a bailout by the German government but borrowed billions from the US Federal Reserve and various programs during this period. So much for avoiding a bailout by pretending there was no risk of catastrophic losses during the financial crisis.

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McKenna On NPR’s “All Things Considered”

By Francine • Nov 21st, 2012

I was asked to talk about HP and Autonomy tonight on NPR’s “All Things Considered” program.

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My Big Fat Overrated CEO: McKenna On Dimon On The Keiser Report

By Francine • Nov 18th, 2012

I taped an episode of the Keiser Report last week while in New York. The focus was Jamie Dimon with a bit of MF Global thrown in for heat. Max Keiser, the host, asked me this question: Why does Jamie Dimon of JP Morgan Chase still have a job?

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Do It Yourself SEO: An Essay for Sundayed.com

By Francine • Nov 4th, 2012

How can I leave my readers with something they’ll remember, something to lead them back to me, something that encourages them to tell a friend about me?

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Former FDIC Chairman Sheila Bair On Foreclosure Lookback Reviews

By Francine • Oct 27th, 2012

Chapter 21 of Sheila Bair’s book, “Bull By The Horns,” is a blow-by-blow account of the wrangling and dealmaking that resulted in two settlements that satisfy neither consumer advocates nor the borrowers that were harmed by abusive mortgage servicer activities.

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Zynga And Facebook: A Dangerously Close Relationship

By Francine • Oct 17th, 2012

Zynga is practically a wholly owned subsidiary of Facebook. At some point I think it will be, probably to actualize an online real-money gaming strategy.

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Laboring In The Big 4 – A Labor Day Special Report

By Francine • Aug 31st, 2012

Is this really the way to run a professional services firm?

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More Sarbanes-Oxley Anniversary Thoughts

By Francine • Aug 5th, 2012

The day my OpEd in the Financial Times was published, July 30, there were many other stories in other publications marking the occasion of Sarbanes-Oxley’s tenth anniversary. Most of them focused on the lack of prosecutions of CEOs and CFOs for false financial statement certification crimes.

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