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  • KaosPilot revolution

    Sox First

    Earlier this year, I looked at the way business schools had contributed to the recession by producing the financial engineers, Masters of the Business Apocalypse (MBAs) who ended up destroying the markets. How refreshing then to read about the most unusual business school in the world. KaosPilots in Denmark. It's' [...]
    Posted: November 21, 2009, 1:13am EST
  • Madoff on the SEC

    Skeptical CPA

    Number of comments: 3
    "Bernard Madoff was dismissive of a compliance examiner involved in a [SEC] inspection into his firm, calling the man a 'blowhard' who talked tough, but didn't look at anything. ... [David Kotz's] report found that the SEC received six substantive tips over 16 years, but still failed to detect the" [...]
    Posted: November 20, 2009, 7:07pm EST
    by Independent Accountant
  • Hedge funds and brokers turn to poker

    Sox First

    Investing and poker have often been compared. But it's not surprising that financial recruiters for hedge funds and broking houses are scrutinizing professional poker to find talent and analytical tools. As Bloomberg reports, they think it's a good fit because both pursuits require a rational approach toward risk, self-control, speedy [...]
    Posted: November 20, 2009, 5:01pm EST

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