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Trust Digest 138 (May 4, 2016)
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Trust Digest 138 (May 4, 2016)
Donald Trump’s Win Just Latest Tremor Shaking GOP
The Democrats are shaken and shaking, too, of course. Hillary Clinton’s weak showing in Indiana, along with a series of other recent states, is further evidence that the Democratic Party’s initial story line—which was supposed to be one of Clinton inevitability and ease of nomination—was no closer to accurate.
Key Words: Donald Trump, GOP, Republican Party
Trust Issues: Relative Power, Benevolent Concern, Security, Predictability, Integrity
AT&T Unwinds 15-Year Web Alliance With Yahoo
AT&T Inc. is unwinding a 15-year partnership with Yahoo Inc. that has spanned the evolution of the Internet, from competing against AOL dial-up service to jockeying against cable companies to selling high-speed broadband.
Key Words: AT&T, Yahoo, Verizon
Trust Issues: Security, Integrity, Predictability
MetLife to Pay $25 Million Finra Penalty Over Variable Annuities
MetLife Inc. agreed to pay $25 million for allegedly misleading customers about retirement-income products, regulators said Tuesday, in one of the largest such settlements to date.
Key Words: MetLife, Retirement Products, Misleading
Trust Issues: Security, Predictability, Integrity
US Justice Department: North Carolina's 'bathroom law' violates the Civil Rights Act
The law in question prevents local governments in North Carolina from passing nondiscrimination ordinances, and bans transgender people from using the bathroom that corresponds with their gender identity.
Key Words: US Justice Department, Civil Rights Act, Bathroom Law
Trust Issues: Security, Integrity, Adjustment, Capability
Defending Their Nation’s Honor on Social Media: #PanamaIsMoreThanPapers
The anonymous message began appearing on Panamanian cellphones days after the news broke that 11.5 million documents, called the Panama Papers, had leaked from a law firm dealing in secretive shell companies.
Key Words: Panama Papers , Pro-Panama Hashtags
Trust Issues: Benevolent Concern Adjustment, Capability
Freddie Mac’s First Quarter Loss Undermines Shareholder Lawsuits
The lawsuits focus on a 2012 change to the bailout agreements of Freddie and Fannie Mae. This replaced the original 10% dividend owed to the government with a dividend that rises and falls with the profitability of each company. Hedge funds and other investors sued over this so-called net worth sweep, claiming the government was unfairly depriving them of participating in the profits of the companies.
Key Words: Freddie Mac, First Quarter Loss, Lawsuits, Shareholders
Trust Issues: Relative Power, Security, Capability, Adjustment
Here’s How Much People Trust Facebook
Facebook houses a lot of your personal information — profile pictures, status updates, things you “like,” a list of people you’re “friends” with — but that doesn’t mean everyone trusts it.
Key Words: Facebook, Trust, Personal Data
Trust Issues: Benevolent Concern, Adjustment, Security, Predictability, Integrity