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Fed ‘Lapse’ Details Emerge In Bangladesh Bank Heist Case

PYMNTS

This internal document that was reportedly seen by Bloomberg’s team gives some insight into the Fed’s plan to recover the stolen funds and what action it can take on the legal side. Bangladesh officials are reportedly bringing in legal support “to establish precise grounds of initiating lawsuit claiming recompense.”

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

These alumni graduate with great strategy credentials, and they have to do something with them. One model for the disruption of management consulting could be the “inside counsel” revolution that began sweeping the legal world in the 1970s. Corporate legal departments were once regarded as backwaters for lawyers.

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Foot In Mouth: 37 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

Currencies have legal support. Companies like Wealthfront and Betterment believe their computer algorithms will be better at investing customers’ money than personal financial advisers. But some finance professionals are not believers. “It’s worse than tulip bulbs,” Dimon said of bitcoin. It will blow up.”

Bitcoin 65
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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

Currencies have legal support. Companies like Wealthfront and Betterment believe their computer algorithms will be better at investing customers’ money than personal financial advisers. But some finance professionals are not believers. “It’s worse than tulip bulbs,” Dimon said of bitcoin. It will blow up.”

Bitcoin 78