Daily Archives: January 17, 2014, 10:35 am

‘Confide’ App Brings Disappearing Messages to the Corporate World – Compliance Week

Traders have already picked up on the idea that the disappearing message service Snapchat may be a way to share insider trading tips without leaving a trail. Now a service called Confide wants to take the concept of disappearing messages deeper into the corporate world. via ‘Confide’ App Brings Disappearing Messages to the Corporate World – Compliance Week

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Banks Keep Their Mortgage Litigation Reserves a Secret – NYTimes.com

From JPMorgan Chase’s $13 billion settlement over mortgage securities to lawsuits brought by bondholders, a barrage of litigation has been raining down on Wall Street banks. Yet the banks are not disclosing a number that is crucial for assessing their ability to deal those legal costs. And, curiously, the regulator that has sway over companies’ disclosure practices has not called…

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Firms Get Penalized, but Many Workers Don’t – WSJ.com

The Justice Department hasn’t charged employees at two-thirds of nearly 400 companies that have settled criminal investigations or been convicted of crimes in recent years, according to newly analyzed data. The analysis, by a University of Virginia law professor, highlights a question that has ignited debate in combating white-collar crime: Should the government hold individuals accountable when it charges companies…

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