Trust Digest 108 (August 18, 2015)

Stock Buybacks Draw Scrutiny From Politicians

Should corporate stock buybacks be regulated? Or made illegal?

Those are the questions not-so-quietly being floated in Washington by a group of elected officials and others trying to get elected, including most recently,Hillary Rodham Clinton. 
Key Words: Corporate stock, Goldman Sachs, BlackRock, disclosure, stock manipulation, S.E.C.
Trust Issues: Integrity, Conflict of Interest, Risk Tolerance, Situational Security, Predictability

The investigation into Hillary Clinton’s private email is being run out of FBI headquarters – and that’s unusual
The FBI is investigating Hillary Clinton's private email server out of its headquarters in Washington, D.C., in an "unusual move," The New York Times reported.
Key Words: Classified information, law, F.B.I., Intelligence community, secure, penetration
Trust Issues: Conflict of Interest, Risk Tolerance, Adjustment, Capability, Situational Security

Pump-and-dump frauds are turning to Twitter, and these companies are out to spot them

News breaks on Twitter. So do rumors, hoaxes, and outright frauds aimed at manipulating stock prices. For companies that mine the internet and social media for information hedge-funds can trade on, quickly spotting an online spoof is critical. 

Key Words: Frauds, trade, funds, profit, stock, hoax, Contix, Social media, analytics, real-time
Trust Issues: Honesty, Predictability, Adjustment, Similarities, Risk Tolerance, Capability, Power

There’s an internal joke at Google that sums up the company’s big change
Earlier this week, Google completely reorganized itself, marking a huge change to the way the business operates.
Key Word: Reorganize, Alphabet, change, used to, culture, long-term, disruption, reorg
Trust Issues: Integrity, Benevolent concern, Risk Tolerance, Capability, Predictability, Similarity

Doubt Starts Chipping Away at the Market’s Mind-Set

In the stock market, until recently, just about any news was good news. Company earnings stumbled? Investors shrugged them off, sending shares higher. Economic growth was disappointing? So what. But now that is changing.

Key Words: Stock market, Apple, Japan, investor, bull market, Nasdaq, change, loss
Trust Issues: Risk Tolerance, Adjustment, Power, Predictability, Alignment of Interest, Capability

British bosses are paid 183 times the average worker’s salary

The bosses of Britain's biggest companies are now getting paid 183 times the size of the average worker in the UK. 
Key Words: HSBC, Gap, shareholder, corporate governance, Great Britain, CEO
Trust Issue: Capability, Risk Tolerance, Similarity, Benevolent concern, Conflict of Interest

10 things you need to know before European markets open

Good morning! Here's what you need to know. Greece's previous main left-wing party joined the official opposition to the government. Greece's socialist PASOK party joined the main opposition on Sunday in saying it would not back Prime Minister Alexis Tsipras if he calls a confidence vote following a rebellion in the governing party over a new bailout deal. 

Key Words: Greece, IMF, bailout, Japan, The People’s Bank of China, Germany, Asian, Eurozone
Trust Issue: Power, Situational Adjustment, Similarity, Capability, Risk Tolerance

This man wants to become president, pass one law, and resign

On Tuesday Lawrence Lessig, a Harvard law professor, announced that he would run for president if he receives $1 million in donations by Labor Day.

Lessig’s plan is decidedly idiosyncratic—he has never held political office, and he declares that he will resign and hand over the orb of power to his vice president as soon as something called the Citizen Equality Act is signed into law. 
Key Words: Lawrence Lessig, Harvard, corrupted politics, goodwill, Citizen Equality Act, Equality
Trust Issue: Risk Tolerance, Situational Security, Alignment of Interests, Predictability, Adjustment, Capability, Power

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