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Are we wrong not to trust the Government?

Are we wrong not to trust the Government?
floppingaces.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from floppingaces.net Daily Mail and Mail on Sunday newspapers.

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Bankers' Hours column: 21 years separated the S&L debacle from the 2008 crash

Bankers’ Hours
We’ve briefly watched the savings and loan (thrift) segment of the U.S. banking business implode. It didn’t take long: The dominoes began teetering in 1987, and it was all over by 1990. A major segment of the U.S. banking business had effectively ceased to exist after 175 years of financing housing for Americans.
Some 550 thrifts failed, and 403 S&L execs were convicted of fraud. The remaining institutions scrambled to distance themselves from the carnage and stigma of having been in the thrift business. Institution names were changed to “savings bank,” or simply “bank.” But the thrift charter, effectively the license to do business issued by the federal deposit insurers, stayed the same. And that charter had, and still does have, one feature that played a part in the coming of the Great Meltdown in 2008: It allows a thrift to load up on home mortgages. The biggest bank failure in U.S. history, Washington Mutual (WAMU), a thrift, occurred in 20 ....

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Innovative Discovery Tools: Using Social Media to Locate Witnesses

Innovative Discovery Tools: Using Social Media to Locate Witnesses
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

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Robert R. Glauber, Harvard professor who led Black Monday presidential commission, dies at 81

Robert R. Glauber, Harvard professor who led Black Monday presidential commission, dies at 81
By Globe staff and wire reportsUpdated March 6, 2021, 5:38 p.m.
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Robert Glauber in late 2002.Gino Domenico/Bloomberg News
Though he once told Harvard Universityâs student newspaper that his experience as a Harvard Business School professor offered âvery effective preparationâ for becoming under secretary of the US Treasury Department, Robert R. Glauber was reminded daily of the differences between academia and government.
âYou could write things at Harvard and no one would read it,â he said in a 1990 New York Times interview amid the finery of his Victorian-era office at the Treasury building that was so large it had been used during the Civil War to house soldiers. âHere, once you say something, it gets reported and everything is under a microscope.â ....

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Ransomware with Data Exfiltration and Threatened Leak Extortion | Seyfarth Shaw LLP

Seyfarth Synopsis:
The attorney-client privilege is a bedrock legal principle that protects a client from providing a court or adversary with confidential communications exchanged in the course of providing or receiving legal advice with an attorney. Cybersecurity data breach, often accompanied by ransom/extortion demands and threats of publication of sensitive information, diminish the attorney-client privilege protection and raise ethical issues as to an attorney’s duty in protecting the privilege from being waived.
A growing number of ransomware attacks have begun including data exfiltration capabilities. This is in response to victims refusing to pay ransomware ransoms and instead recovering from backup or other means. In response, threat actors have decided that taking data provides them some insurance against this activity, thus increasing their chance of obtaining payment after a successful attack. ....

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