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20170208

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Juxtaposing two stories from the same media outlet without comment can paint a picture worth at least 1000 words.

26 January 2017: 'Just you wait,' Malaysia's Anti Corruption Commission boss warns corrupt politicians
http://www.malaysiakini.com/ne...

27 January 2017: Malaysia's Anti Corruption Commission's budget for new equipment is frozen.
http://www.malaysiakini.com/ne...

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We wouldn't normally include what amounts to media information in this roundup but we think this is interesting enough to warrant a mention but not a whole article. French company iCare (a start-up which appears to have little presence outside Facebook) has been working with French payments tech manufacturer Ingenico (a truly global company) to develop something both neat and worrying. Think of an Octopus card that also functions as electronic keys for your car, etc. (Outside Hong Kong, that reference won't mean much: an Octopus card is a government issued pre-paid card for public transport, car parking, use in convenience stores which can also be programmed as a door access card for offices and apartments).

Is it such a great idea to have access to so much on a ring? Aside from theft (not as high a risk as TV would suggest), there's the old fashioned ways of losing it: dropping it down the sink, especially a sink fitted with a waste disposal, leaving it on the back of the sink in a public toilet, forgetting it at the gym, or on someone else's bedside table.

We can see convenience, and a cool factor that, for a couple of days, will be off the charts (who gives a toss if you are wearing a Fit-Bit these days?) but a lot of risk.

https://blog.ingenico.com/post...

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You know those annoying "ten hilarious things..."? And yes, we know, we have a listicles section but why do you think it's hardly ever got anything in it? They are infuriating and ultra boring to put together. Well, at last there's one that is half-funny. It's ten texts that allegedly pass between parents and offspring. Half aren't even slightly amusing. The other half are quite funny. Do they reach "hilarious" as billed? No, of course not. Not even close. But let's face it, coming from a country that inflates 1,000 million and calls it a billion, we can't expect honesty in language. Even so, we did get a laugh or three so here's the link.

https://brightside.me/inspirat...

We also liked this but suspect it's fake

https://brightside.me/wonder-p...

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While Donald Trump is arguing that capital adequacy requirements undermine the competitiveness of US banks, global law firms are finding that their own capital adequacy needs attention. In the late 1980s and early 1990s, after the UK had its own financial crisis with exactly the same causes as the global financial crisis, City of London law firms made a number of demands on partners for money to keep their firms afloat with the result that some partners left and formed so-called boutique firms. Over the years, many of those have found that being a sole practitioner is a horribly complex and expensive business and that it's also very lonely. They have been re-absorbed into large firms and large firms have become larger, with global aspirations. Some have collapsed, some are collapsing, some are on their knees and it seems as if there is no way back. Several of these pursued a policy of supply-driven growth (duh) during the global financial crisis, thinking they would find economies of scale. Few have. Some have gone back to the idea of requiring partners to re-invest in the companies. One of those requiring contributions, which has gone through so many name changes it's difficult to keep up is Hogan Lovells (created in 2010). They want partners to contribute a total of GBP50 million into the operating company over the next five years. They call it "the firm" but it's a coalition of various entities around the world "each of which is a separate legal entity." And it has taken on several staff from the recently failed King & Wood Mallesons.

https://www.lawgazette.co.uk/p...

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Biter bit: a High Court judge in India has been served with a notice alleging contempt after he made comments alleging corruption amongst his judicial brethren. He has also been told that his case-load has been re-assigned and that he must return to the Court all case files he may have removed from the premises. The notice was issued at the request of the Attorney-General.

http://www.hindustantimes.com/...

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