tagged w/ coruption
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It's not our government thats is bad,It is the monetary system and those that support it!
see beyond the lies... look at H A A R P could someone in the scientific community please comment-- the effects on planetary weather and the use of such technology....(typical to use something designed for the good ,only to be used for the bad)It's not our government thats is bad,It is the monetary system and those that... more
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Researchers have developed a method of rooting out fraudulent financial statements based on the statements CEOs and CFOs make during quarterly earnings calls.
The system was developed by researchers at the Stanford Graduate School of Business by analyzing the conference-call transcripts of companies that went on to report a significant restatement to financial earnings that involved a change in net income, the disclosure of a material weakness, a change of auditor, or a late filing.
They found that CEOs and CFOs from these companies spoke in ways that often differed from executives from companies that were on the up and up.
“In terms of linguistic features of deceptive narratives, we find that deceptive CEOs and CFOs use more references to general knowledge, fewer non-extreme positive emotions words, fewer references to shareholders value and value creation,” they wrote.
At the same time, they also found that deceptive CEOs and CFOs differed from each other. Fraudulent CEOs “use significantly fewer self-references, more third person plural and impersonal pronouns, fewer extreme negative emotions words, more extreme positive emotions words, fewer certainty words, and fewer hesitations,” than their peers at large, the researchers said.
“In contrast, deceptive CFOs do not have extreme negative emotions and extreme positive emotions words significantly associated with deception.”
Execs who use above-average amounts of expletives are also more likely to be crooked, they said.
The linguistic classification models performed “significantly better than a random classifier by 4% - 6% with the overall accuracy of 50% - 65%,” the researchers reported. A PDF of their paper is here(https://gsbapps.stanford.edu/researchpapers/library/RP2060%20&%2083.pdf). ®Researchers have developed a method of rooting out fraudulent financial statements... more
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Is it coincidence or conspiracy?
Supporters of five Cuban intelligence agents now serving lengthy sentences in US federal prison following controversial espionage convictions, say federal government documents detailing payments made by a US government-run anti-Castro propaganda operation to prominent Miami-area journalists prove a conspiracy.
Articles by those journalists and others, a federal appeals court once noted, contributed significantly to inflaming “pervasive community prejudice” in Miami which made it impossible for the agents known as the Cuban Five to receive a fair trial.
Others, however, claim it’s just coincidence that the same journalists who were paid $1,125 to $58,600 to appear on anti-Castro programs produced by the U.S. Office of Cuba Broadcasting before and during the trial for the Cuban Five also published scandalous articles about the Five in an influential Spanish language newspaper owned by the Miami Herald and in other local media.
The National Committee to Free the Cuban Five, during a recent press conference in Washington, released documents listing both the amounts of federal funds paid to the journalists and the articles they published.
“This is a most blatant and outrageous example of government influence destroying the right to a fair trial and the right to appeal,” said Gloria La Riva, Coordinator of the National Committee.
“During the pre-trial period there were hundreds of articles on the Cuban Five and not one was favorable,” La Riva said.
Follow the link for the restIs it coincidence or conspiracy?
Supporters of five Cuban intelligence agents now... more
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This film has taken the cover off the most horrifying story. It will most certainly make you think twice about what you eat, what you feed your children and most importantly what you can do and should do about it. I do not intend to speak for any of you however I prefer to not feed my child or myself deadly diseases and feel OK about it later. This video will show you what is behind the curtain and tell you the truth about what is killing more civilians in the US then the war in Iraq. Dont believe me that is fine a more entertaining film for you might be 'supersize me'.This film has taken the cover off the most horrifying story. It will most certainly... more
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Recently I have been trying to share stories of how Americans have rung up such an astonishing amount of debt in recent years. For this story, I first staked out a conference on Capitol Hill where online payday lenders and lobbyists honed their arguments to Congress against reform.
I then traveled to a small town near the Virginia-North Carolina border to learn about the experiences of a man who one day googled "bad credit loans" and soon found himself in more trouble than he bargained for.
Check out the video...Recently I have been trying to share stories of how Americans have rung up such an... more
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lagan
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added this
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2 years ago
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Criminal fraud may be the most underreported aspect of our current financial crisis. In this "Road to Ruin" report, former subprime lenders from Ameriquest, once the country's largest lender, describe a system rife with fraud. They describe how a "by-any-means-necessary" policy pushed employees to cut corners and falsify documents on bad mortgages and then sell the toxic assets to Wall Street banks eager to make fast profits.Criminal fraud may be the most underreported aspect of our current financial crisis.... more
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lagan
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added this
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3 years ago
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Coruption and the use of 'fragile building materials' are now the focus on the tragic death of thousands of children in schools that crumbled during the recent earthquakes in China. Coruption and the use of 'fragile building materials' are now the focus on... more
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