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Connie Hirsch
Attended The Career Institute of American International College
Lives in Somerville MA
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Connie Hirsch

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This should help with the much-needed grand jury investigation.
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Connie Hirsch

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Shared, so that I remember to read this after work!
 
The Culture of Corporate Corruption

In my talk at #sxsw yesterday, I talked about a culture of corporate corruption that has been an enabler for the breakdown of our economy. (Specifically, I talked about my experience at the Stanford Directors College some years ago, in which I expected to learn about how to be a good director of a public company, guidance on how best to look out for the interests of the shareholders, and instead was treated to session after session about director liability and how to cover my ass.)

There were a couple of great illustrations of this breakdown of business morality in today's New York Times. The first, and most striking, was Andrew Ross Sorkin's piece about bankers not disclosing conflicts of interest in M&A deals (one example was of a Goldman Sachs banker who owned a significant shareholding in a company being acquired by the company whose interests he was supposedly representing), and the complicity of law firms in whitewashing these conflicts.

The other was about the potential failure of prosecutors to be able to hold MF Global for raiding customer funds in a last-minute attempt to prop up their firm.

http://www.nytimes.com/2012/03/13/opinion/nocera-is-mf-global-getting-a-free-pass.html?_r=1

These are two of many examples of the pervasive corruption of values that came to a head in the financial crisis of 2008, but has still not resulted in the kind of reforms that we need.

We need a shareholder revolt with a focus on good corporate governance. Thomas Jefferson once said that for liberty to flourish, government should fear the people. There is a parallel notion corporations should fear their shareholders. Right now, corporate leaders continue to act like aristocrats before the French Revolution.
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I WANT one. Do you think I could learn masonry and bricklaying so as to create my own?
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I hope to hell that the guy with the bug on his shoulder is some sort of midget, right?
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Have her in circles
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Connie Hirsch

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Just misread a hand lotion label as having "Irish Scent!" instead of "Fresh Scent". What the hell does THAT smell like, I wondered, before I reread it.
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I wonder if the Mom cat is aware that anything unusual is up....
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It's pretty much the first time it's been done -- and bodes well for further work with very rare and endangered animals.
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I'm reading That's Disgusting by Rachel Herz, nonfiction about the science of disgust, which delves deep into physiology, neurology and psychology in fascinating ways. For instance, children under 3 aren't able to feel disgust beyond disliking very bitter tastes... and neither can sufferers of significantly advanced Huntington's Chorea.
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Worth reading the whole way through.
 
This explains why I never understood economics...

SOCIALISM

You have 2 cows.

You give one to your neighbour.

COMMUNISM

You have 2 cows.

The State takes both and gives you some milk.

FASCISM

You have 2 cows.

The State takes both and sells you some milk.

NAZISM

You have 2 cows.

The State takes both and shoots you.

BUREAUCRATISM

You have 2 cows.

The State takes both, shoots one, milks the other, and then throws the milk away.

TRADITIONAL CAPITALISM

You have two cows.

You sell one and buy a bull.

Your herd multiplies, and the economy grows.

You sell them and retire on the income.

ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM

You have two cows.

You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.

The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.

The annual report says the company owns eight cows, with an option on one more.

You sell one cow to buy a new president of the United States , leaving you with nine cows.

No balance sheet provided with the release.

The public then buys your bull.

SURREALISM

You have two giraffes.

The government requires you to take harmonica lessons.

AN AMERICAN CORPORATION

You have two cows.

You sell one, and force the other to produce the milk of four cows.

Later, you hire a consultant to analyse why the cow has dropped dead.

A GREEK CORPORATION

You have two cows. You borrow lots of euros to build barns, milking sheds, hay stores, feed sheds, dairies, cold stores, abattoir, cheese unit and packing sheds. You still only have two cows.

A FRENCH CORPORATION

You have two cows.

You go on strike, organise a riot, and block the roads, because you want three cows.

A JAPANESE CORPORATION

You have two cows.

You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.

You then create a clever cow cartoon image called a Cowkimona and market it worldwide.

AN ITALIAN CORPORATION

You have two cows, but you don't know where they are.

You decide to have lunch.

A SWISS CORPORATION

You have 5000 cows. None of them belong to you.

You charge the owners for storing them.

A CHINESE CORPORATION

You have two cows.

You have 300 people milking them.

You claim that you have full employment, and high bovine productivity.

You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION

You have two cows.

You worship them.

A BRITISH CORPORATION

You have two cows.

Both are mad.

AN IRAQI CORPORATION

Everyone thinks you have lots of cows.

You tell them that you have none.

No-one believes you, so they bomb the ** out of you and invade your country.

You still have no cows, but at least you are now a Democracy.

AN AUSTRALIAN CORPORATION

You have two cows.

Business seems pretty good.

You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION

You have two cows.

The one on the left looks very attractive
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Have her in circles
165 people
Spuffy Duds's profile photo
Lisa Kprinkle's profile photo
Harcourt Mudd's profile photo
Christina Schulman's profile photo
Phoebe Acheson's profile photo
Debra Doyle's profile photo
Adina Adler's profile photo
Education
  • The Career Institute of American International College
  • Boston University School of Public Communication
  • Harvard University Extension School
  • Massachusetts College of Art
Basic Information
Gender
Female
Work
Occupation
Database Wrangler, UI Whisperer, PHP Quantum Engineer
Employment
  • Reformed Database Wrangler, present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Somerville MA
Previously
Cedar Grove NJ
Connie Hirsch's +1's are the things they like, agree with, or want to recommend.
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