Get on Board the SWIFT Boat

Click to zoom

The New New SWIFT Boating (Cracks in the Facade): Does the blogosphere have anything intelligent to say about the SWIFT controversy?

It’s kind of a dusty and underwhelming topic to the majority of us who do not make a lot of international transfers and transactions — and the people who might well be upset or incommoded by it (commercial bankers, I mean) don’t tend to blog, and wisely so.

So, no, generally speaking. Continue reading


Mortarboard Marketing Mashup

Is that an op-ed or a self-promoting ad? (Investment News): The “reverse spin” column of one of my favorite trade rags — I have high regard for all Crain’s titles, really — tees off on a pet peeve I share: advertorials from Academia, Inc. and the editors who let ’em get away with it. See also Harvard Should be Crimson Over IT Op-Ed:

Mere mortals have to buy ads to tout new products. Not Jeremy J. Siegel, professor of finance at the Wharton School at the University of Pennsylvania and author of an investing classic, “Stocks for the Long Run” (McGraw-Hill, 1994). The Wall Street Journal gave him beaucoup space on its editorial page to expound on his latest theory about stock valuation, which he calls the “noisy market” hypothesis.

Continue reading

Sic Semper Auditoribus

Court Hears PCAOB Lawsuit (BankNet 360):

A lawsuit aimed at disbanding the federal audit regulator created by the Sarbanes-Oxley Act was heard in court Thursday, but no ruling was made.

U.S. District Court Judge James Robertson heard arguments from the Public Company Accounting Oversight Board that the lawsuit should be dismissed, saying the plaintiffs should take their case to the Securities and Exchange Commission, which oversees the PCAOB.

Continue reading

MySpace Meets the Fantasy League

Where have you gone, Joe DiMaggio? Marrying the online commons to the American pastoral, now that Joe Sixpack can no longer even afford the bleachers …

ESPN Wants to Be MySpace for Fans: It was a cabal of Disney and ESPN folks — flacks, flocks — who launched Newsvine — about which more here and here.

This is intriguing, though: I’ve often thought that the hugely popular fantasy leagues — I myself have managed the Ceara Cangaceiros through three mediocre beisbol seasons on the evil Yahoo! — were the real social network pioneers …

NEW YORK ( — ESPN is hoping to become the MySpace of the sports world. In September, it will unveil as part of ESPN’s Sports Nation property the tools for fans to create profiles, contribute to sports blogs, post opinions and link to favorite articles.

Continue reading