FIR Interview: Allan Schoenberg, CME Group, on social media and the futures industry

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A strategic approach to planning and implementing social media initiatives has played a significant and measurable role in enabling the CME Group to claim a position that is ahead of the curve when it comes to using social media among financial exchanges. The world’s largest future exchanges and owner of the Dow Jones stock and [...]

The toxic mix of legality, morality and reputation

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I first heard the phrase “It may be legal but is it moral?”in relation to the kerfuffle that blew up in the summer regarding the tax minimization activities of celebrities. What was happening – complex financial schemes to shelter income from the tax man in offshore tax havens and so pay the minimum UK tax [...]

RIP Blackberry

A great analysis in The New York Times magazine of RIM and brand destruction. This share price chart says it all. Story: http://nymag.com/daily/intel/2012/07/how-the-blackberry-died.html Google+: View post on Google+ Post imported by Google+Blog. Created By Daniel Treadwell.

Do corporate apologies make any difference?

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Reading today’s Telegraph over breakfast this morning, I opened page 6 to see a large display ad by Barclays Bank, pictured, containing an open letter of apology signed by its chairman, Marcus Agius. The apology is to do with the Libor interest-rate fixing scandal for which Barclays was fined £290 million ($450 million) last month [...]

Barclays cultural crookery and immorality

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What a destruction of trust in this report of what people in Barclays Bank have been doing behind the scenes and for which the bank has been fined £290 million. [...] Former City minister Lord Myners told the BBC that the people at the top should take responsibility for “a complete cultural failure”. He said [...]

Bonfire of the Vanities 2012

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The Tom Wolfe novel from the 1980s that’s the title of this post – along with the movie of the same name – comes to my mind when reading media reports and online commentary and punditry this morning about the Facebook initial public offering last week and its immediate (current) aftermath. Many if not all [...]

What is Klout worth to you?

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What a kerfuffle Klout has stirred up! The US company that offers a service to “measure influence online” made changes last week in the technology it uses to calculate an individual’s influence rank known as a Klout Score. One of the results of the changes – all to do with improving the algorithms that calculate [...]

Cyber security on the investor agenda

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US securities regulators have formally asked public companies for the first time to disclose cyber attacks against them, reports Reuters. The US Securities and Exchange Commission issued guidelines on October 13 that sets out the kinds of information companies should disclose relating to cyber security risks and cyber incidents: [...] Registrants should disclose the risk [...]

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