Trust Digest 133 (March 30, 2016)
Private Equity Executive Accused of Faking Investments
Andrew Caspersen, a Harvard Law School graduate and a partner at the Park Hill Group, an advisory firm that until last fall had been a part of the Blackstone Group’s advisory business, has been accused of seeking to defraud a number of institutional investors of $95 million through fake private equity investments.
Key Words: Private Equity, Andrew Caspersen, Faking Investments, Hedge Fund
Trust Issues: Security, Predictability, Integrity, Benevolent Concern
The Markets Have a Message: Don’t Believe This Rally
As risky assets have rebounded since mid-February, the havens to which investors rushed during the earlier panic haven’t had an equivalent selloff.
Key Words: Risky assets, Selloff, JP Morgan Emerging Markets Currency Index
Trust Issues: Security, Predictability, Integrity
Congress just fired a shot against its next drug-pricing target, and its shares took a hit
Xtandi was developed by California-based biopharmaceutical company Medivation and Japan's Astellas Pharma. Medivation was down about 5% in after-hours trading on Monday after the letter was made public.
Key Words: National Institutes of Health, Health and Human Services, Xtandi Price
Trust Issues: Situational Security, Predictability, Integrity, Capability, Conflict of Interests
Hillary Clinton lambastes 'extremist' Donald Trump in scathing Supreme Court speech
Democratic presidential frontrunner Hillary Clinton targeted Republican counterparts Donald Trump and Ted Cruz and unloaded on Senate GOP leadership in a Monday speech on the battle over the Supreme Court vacancy.
Key Words: Hillary Clinton, Donald Trump, Ted Cruz, Supreme Court Speech
Trust Issues: Relative Power, Integrity, Adjustment, Capability
The mayor of Chicago's pick for police chief shows that he couldn't care less what the public thinks
Mayor Rahm Emanuel is moving to tap an African-American and long-time Chicago police veteran as the city’s new chief of police — but the step risks faltering from the outset in its goal of repairing damaged police-community relations.
Key Words: The Mayor of Chicago, Rahm Emanuel, Eddie Johnson, Police Superintendent
Trust Issues: Relative Power, Security, Adjustment, Capability
Building Trust: How Blogging Can Improve Customer Relationships
Trust is everything in the online world. Ask anyone and they will tell you that they trust online reviews. According to a recent study by Econsultancy, 61% of customers read and trust online reviews when making a purchase. It goes to show that building trust in an untrusting world is essential.
Key Words: Econsultancy, Blogging, Trust Improve, SEO Rankings
Trust Issues: Security, Capability, Adjustment
Oracle wants $9.3 billion in damages from Google
The next round of Oracle's ongoing copyright lawsuit against Google over Android will begin on May 9. And Oracle is going to try to convince the jury that Google owes it $9.3 billion, reports James Niccolai at IDG News Service.
Key Words: Oracle, Google, Copyright Lawsuit, Java, Sun Microsystems
Trust Issues: Conflict of Interests, Relative Power, Adjustment, Security, Predictability, Integrity