January 2009 Archives
All of these areas have had a large impact in leading up to the current crisis and will almost certainly result in new regulations but what role will technology play in complying with and/or enforcing these new rules? At this time, that is a still difficult question to answer as the 111th Congress is providing little insight into what new rules it will pass. So often the best thing to do in times like this is to take a step back and look at the recent past in order to gain some insight as to what the near future may hold. (read more)
In the first blog entry of this series Congressman Paul Kanjorski (D-PA) Chairman of the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises confirmed that 2009 is shaping up as a year of regulation. But as Congress looks for answers into how and why this financial crisis occurred, more hearings will most assuredly convene and squarely in its focus are the SEC, hedge funds and the financial industry. But how did we get in this predicament in the first place and why did the SEC exercise so little control over these hedge funds that have contributed so heavily to today's economic crisis? (read more)
The portability and high capacity of flash drives is creating headaches for many companies. The Net is swarming with stories of the ill-use, illegal activities, and security concerns as more and more of these devices are lost and stolen or used to steal sensitive information. There are two basic categories of threats to information when corporations allow the free-will use of flash drives within an organization: the introduction of viruses, and the potential for lost or stolen data. (read more)
Warren Buffet has a saying about business that goes "In the business world the rear view mirror is always clearer than the windshield." So in today's business environment, that quote just begs the question, "Just how dirty was the business world's windshield leading up to this current economic crisis?" With uncertainty around every corner and bad news being topped by even worse news on an almost daily basis, it would seem 2009 could very well be the year of regulation as President Elect Obama and the Democratic majorities that control both houses of Congress appear to have a clear cut mandate from the US population to take a hard look in the rear view mirror (read more)
