One of the main reasons [for dissatisfaction] is a lack of role models. Half of female respondents said there aren’t enough women at the top to look up to in top management, while only a third of men complained that there aren’t enough males. On the topic of mentors, however, both sexes feel there aren’t enough of them. More than two thirds of both genders said they haven’t had or currently do not have a mentor to support their career. [FINS]
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Business as Usual at the SEC
- Caleb Newquist
- July 22, 2010
“The SEC at least knew of this issue and tried to inquire when they could.”
~ Don Whalen, AuditAnalytics.com’s director of research, is referring to the Commission’s knowledge of repurchase agreements used by various companies as early as 2004, but could easily be talking about Bernie Madoff.
Enron Whistleblower: WikiLeaks > SEC
- Caleb Newquist
- January 29, 2011
“I don’t think the SEC’s culture is one that will make this effective one iota,” said Sherron Watkins, a one-time vice president at Enron, referring to expanded protections for whistleblowers included in the Dodd-Frank financial reform law. If she was in the same situation today as 10 years ago, when Watkins approached government authorities about accounting fraud at Enron, she would probably instead take her information to an organization like WikiLeaks, Watkins said. [Paper Trail]
Ben Bernanke’s Idea of “Recovery” Might Not Correlate with Yours
- Caleb Newquist
- June 9, 2010
“My best guess is we’ll have continued recovery, but it won’t feel terrific.”
~ Ben Bernanke takes a stab at the economy.