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ChiefOfficers.Net

Kudos to Luiz Awazu Pereira da Silva and Előd Takáts at the Bank for International Settlements for breaking ranks with the eternal purveyors of optimism and fake good news that are the normal personalities at Central Banks. For two years before the financial crisis went global, central bankers and treasury department ministers and officials pumped out a steady stream of misleading information and soon after it reached its nadir, they have gone back to using selective data to try to convince us all that it's all OK, really and that the deep seated economic woes faced by much of the developed world are really only isolated, sporadic, minor after shocks. Da Silva and Takáts don't agree and...

Nigel Morris-Co...
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Yesterday, Hamas, which now has effective political control over those parts of Palestine that Israel does not occupy, issued a landmark statement which announced its new Charter. It was an amazing document, with almost everything that Israel could reasonably expect from a peace treaty, except the inevitable refusal to acknowledge an Israeli state as a legal entity, while acknowledging it as a fact. It was such a departure from the previous position, that only the most radical and racist Israeli could possibly dismiss it out of hand. So Israeli president Netanyahu did just that. The BBC simply gave this extraordinary news such a low priority that it does not appear on any of its early...

Editorial Staff
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Six days ago, on LinkedIn, I posted the following.

"Saw a job ad for "Head of Financial Crime" at an "international bank." Seems that even banks need someone to help them break the law efficiently and effectively now :) Perhaps "Financial Crime Risk Officer" might be a better job title."

It has gained many, many times the views of my more valuable posts. And as a result has provided useful data as to the benefit of LinkedIn for spreading information which, of course, is intended to have some positive benefit on business.

Nigel Morris-Co...
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I've had to watch a recording of yesterday's race before I could write a fair piece. And that's because, twice, I fell asleep during the race. At least with a recording, when I fell asleep again, I could go back and see the parts I missed. There has not been such a race of nothingness for .. well, since Bahrain 2010. Seriously.

CoNet Administrator
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Russian President Putin, who it is generally accepted was at least instrumental in the shooting down of Malaysia Airlines MH17 seems to think it's OK to bash the South East Asian country. His comments to a driver for team the name-sponsor of which is a Malaysian oil company, demonstrated an astonishing lack of sensitivity: is he simply callous or is he trying to inflame passions?

Bryan Edwards
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In armed conflict, where innocents are killed or injured as a necessary side-effect of a just attack (sez them), it's termed "collateral damage." In US President Trump's tax plan, criticisms are being centred on the benefits that will flow to people and organisations like Trump and his corporations but they are the recipients of "collateral benefits" from policies that will benefit hundreds of millions of Americans. Here are the facts from an entirely impartial source.

Nigel Morris-Co...
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A form of scam spam has come to our notice this morning. It is unusually convincing and clever.

It purports to come from Scotia Bank's secure e-mail service but, obviously, it does not.

Details below.

Editorial Staff
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Socialists in the USA and elsewhere will be getting ready to slash their wrists and there will be millions of bits and bytes spent in haranguing US President Donald Trump for the corporate tax strategy he revealed yesterday. But wait: he's done what everyone should do - he's followed the money and found a way to bring it back on-shore and, therefore, subject to US tax and to be available for domestic investment. Someone, somewhere, has been thinking long and hard and Trump has been listening to those that understand that economics is not about money, it's about people. The plan is not disruptive, it's seismic.

Editorial Staff
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Since 1997 with the election of the Blair/Brown double act, the UK has increasingly become subjected to presidential-style politics, centralisation of message and a centralised campaign and control that would make Lenin jealous.

Leading that has been the Labour party which has mobilised so-called social media with actual people doing the work that was so effectively performed by e.g. twitterbots in the recent US campaign.

(first published at www.jeffersongalt.com)

Jefferson Galt
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The "international community," whatever that is, should be very concerned by the style of campaigning for and election of a new governor for Jakarta. There is a demonstration as to why there must be a clear separation of powers between parliament, the executive and the courts and why race and religion must be left out of politics. The danger is of widespread disunity and contagion across much of ASEAN.

Editorial Staff
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We've been asking questions about Vijay Mallya for a very long time and not just in relation to the funding of his Formula One team, now rather less dependent on the group of companies he headed than it once was. Then again, the group isn't what it was, either, despite what it says on e.g. Expedia. Now he's been arrested, in London, the main questions are why has it taken almost a year since India cancelled his passport and asked for him to be sent back.

Editorial Staff
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I don't have a Facebook account, or at least I wouldn't have one if Facebook didn't adopt a fascist approach to me and my data and refuse to let me close the one I stupidly opened several years ago.

But they won't leave me alone, says Nigel Morris-Cotterill

Nigel Morris-Co...
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Michaelia Cash is Australia's Women's Minister. She is known for speaking in a, well, let's say, forceful manner. But yesterday, during a routine press conference about employment figures, she was asked to comment on a video produced by a Muslim group in Australia which says violence by women is acceptable. Cash went loopy.

Let me make it very, very clear to all Australians: it is not alright to hit a woman in Australia. We have one law and that law prohibits violence against women. We all get to comply with that law.

So, Australia says that it is a secular society to which all religions must submit. That's not going to go down well with some...

Editorial Staff
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As the world expressed outrage at the widely distributed video of United Airlines staff physically abusing a man who refused to surrender his properly paid for and allocated seat because the airline decided to bounce four people so that it could move its own staff from Chicago to Louisville, the company's CEO, Oscar MUNOZ issued a statement. Then he tried again. And then, as the company's share price began to fall, again. It was only in the third statement that he came close to an apology for the brutality.

Editorial Staff
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It takes a special kind of stupid to let a passenger board an aircraft, take his seat - and then tell him to get off because the flight is over-booked. But that is nothing compared to sending three large "security" officers to physically drag him, kicking and screaming, off the plane.

Editorial Staff
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