David M. Shapiro

Sometimes, you don’t get what you pay for: See FT of 1.27.17.

The FT of 1.27.17:
“The probe is the latest in a series of scandals that have shattered Sweden’s squeaky clean image.”

Banks can replace staff with computers, and tech companies can enter banking. See FT, 1.17.2017.

The following hypothetical separates the leaders from the followers: (From United States ex rel. O’Donnell v. Countrywide Home Loans, Inc.)

“A simple hypothetical presents the central issue in this case. I […]

From the South China Morning Post of August 12, 2016:
“In papers filed in Manhattan federal court, lawyers for real estate developer Ng Lap Seng said the case appeared intended to silence his advocacy for a […]

Officially, the 2016 budget for the European Union is approximately 155bn (EUR). The fraud risk was estimated and quantified at 3bn (p. 4), which would be approximately 2% of the 2016 annual budget. Other […]

From the Legislative Financial Statement (1.5.2) for the likely soon to be operational EPPO:
“The added value of establishing a European Public Prosecutor’s Office is mainly to be found in the increased number of […]

Immersed in instructing students how to learn, I forgot that machines learn. Next, I remembered that statistics may resemble GIGO (aka financial chicanery) and realized that remedial measures effectively used in […]

For a brief description of the problems, including assurance of protection of civil rights, see this missive from the Missouri State Public Defender’s Office on August 2, 2016. However, this is hardly a newly […]

Per the electronic NYT of August 1, 2016:
“The indictment (against Hi-Rise) does not address the long-held suspicion among many homeowners whose properties were battered by the storm that engineers, adjusters and […]

Hat tip to one of my students – Kimberly Chen – who alerted me to this July 25, 2016 article by Bloomberg. The article rests on an academic paper discoverable here. Essentially, the article contains arguments that […]

The Panama Papers investigation provides much (course) material, and its publishers are justifiably proud (e.g., see this TED talk). Using a grading rubric for some of my courses, I offer the following brief […]

From Working Paper #51 by Aren, DeLuca, Ni, and Bates (Nov. 2015):
“While most variation in district fiscal stress is explained by factors largely outside local decision-makers’ control, local decision-making d […]

The NYT and vertical prosecution from July 13, 2016:
“…many see vertical prosecutions as an efficient management tool because when a prosecutor is heavily invested in a case, it is less likely to get overlooked […]

Per the online NYT of July 13, 2016:
“In arbitration, the rules tilt toward businesses, employment experts say. Instead of judges, cases are decided by arbitrators who sometimes consider the companies that […]

Per the Executive Summary of the U,S, House of Representatives on July 11, 2016:
“Approximately three years after its initial inquiries, the Committee finally obtained copies of internal Treasury records showing […]