Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Category Archives: Financial System

The 2024 ‘Burning Issues’ Confronting Firm Leaders

Via LLRX – The 2024 ‘Burning Issues’ Confronting Firm Leaders – At the end of December 2023, Patrick J, Mckeena and Michael B. Rynowecer presented 200 Firm Leaders with a selection of over 40 timely and potential ‘Burning Issues’ – and asked of them “what do you anticipate as the highest priorities occupying your leadership agenda going… Continue Reading

Return to Office Mandates Don’t Improve Employee or Company Performance

Ding, Yuye and Ma, Mark (Shuai), Return-to-Office Mandates (December 25, 2023). Available at SSRN: https://ssrn.com/abstract=4675401 or http://dx.doi.org/10.2139/ssrn.4675401 “Using a sample of Standard and Poor’s 500 firms, we examine determinants and consequences of U.S. firms’ return-to-office (RTO) mandates. Results of our determinant analyses are consistent with managers using RTO mandates to reassert control over employees and… Continue Reading

Paying for news: What Google and Meta owe publishers

Vox EU CEPR: “…Our new research calculates what Meta and Google would owe US publishers under a fair payment for the use of their content, and we provide the methodology for calculating these payments so that others can replicate our work. We (conservatively) estimate that Facebook should provide an annual compensation of US$1.9 billion to… Continue Reading

How Walmart’s Financial Services Became a Fraud Magnet

ProPublica: “Scammers have duped consumers out of more than $1 billion by exploiting Walmart’s lax security. The company has resisted taking responsibility while breaking promises to regulators and skimping on training…America’s largest retailer has long been a facilitator of fraud on a mass scale, a ProPublica investigation has found. For roughly a decade, Walmart has… Continue Reading

The Continued Threat to Personal Data: Key Factors Behind the 2023 Increase

The Continued Threat to Personal Data: Key Factors Behind the 2023 Increase. Professor Stuart E. Madnick, Ph.D. December 2023: “Around the world, individuals’ most private, most personal data has become a target for cybercriminals. Attacks and data breaches across the globe continue to increase. Even as organizations work to fight back, cybercriminals are constantly finding… Continue Reading

Gorsuch urged to recuse himself from supreme court case over ties to oil baron

The Guardian: “Philip Anschutz has hosted rightwing justice at resort and stands to benefit if court strips power from federal regulatory agencies. Two days before oral arguments in a US supreme court case set to have a major impact on federal health and environmental regulation, a leading government watchdog called on Neil Gorsuch to recuse… Continue Reading

AI in Finance and Banking January 15, 2024

Via LLRX – AI in Finance and Banking January 15, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available,… Continue Reading

The New Digital Dark Age

Wired: Online trust will reach an all-time low thanks to unchecked disinformation, AI-generated content, and social platforms pulling up their data drawbridges. “For researchers, social media has always represented greater access to data, more democratic involvement in knowledge production, and great transparency about social behavior. Getting a sense of what was happening—especially during political crises,… Continue Reading

Who Are Middle Americans Today?

H&R Block: “Twenty million tax returns tell us they’re not who they used to be. Middle America—households with income between $45,000 and $145,000—describes most of us. This year’s Outlook on American Life report provides eye-opening insights on some of the less visible forces shaping the economy. It tells the story of two Middles, Millennials and… Continue Reading