Like many executives, Barack Obama is an admitted BlackBerry addict. But advisers insist that on Inauguration Day he should give up the device, which, in the words of one senior aide, “never stopped crackling with e-mails” during the campaign. As president, Obama will be subject to a strict records-retention law called the Presidential Records Act, [...]

British Council Malawi says it is better for local businesses to engage in competitive intelligence gathering rather than industrial espionage.
Council Director Marc Jessel said this in Blantyre on Friday during first forum in 2009 for Management Express held under the theme of “Influence of espionage in business”.
Zain Malawi Managing Director Fayaz King, who presented a [...]

Live Oak insurance agent Donald Eugene Bullock, 44, of 10216 129th Road, was arrested Thursday on a charge of insurance fraud, jail records show.
Bullock was also charged with two counts of filing a false claim and with scheme to defraud.
Bullock has been arrested three times since March 2007 on charges including embezzlement, grand theft, forgery, [...]

U.S.-based insurer State Farm Insurance Co has terminated its contract with fraud-hit Satyam Computer Services Ltd (SATY.BO), a spokeswoman for the Indian outsourcer said on Monday.
Confirming a report in the Mint newspaper, she said Satyam would issue a statement later on Monday.
Satyam, India’s No. 4 software services exporter, has been battling for survival since Ramalinga [...]

A 35-year-old Newark man was sentenced Friday to three years’ probation for trying to collect on a $25,000 life insurance policy by pretending that his 7-year-old son had died in North Carolina of an asthma attack.
 Anthony Myers Sr. pleaded guilty in December in state Superior Court, Morristown, to committing insurance fraud from March 21 to [...]

This latest survey, conducted by the Economist Intelligence Unit on behalf of KPMG, reveals that banking executives named an aggressive profit based incentives and remuneration system (52%), followed closely by lack of risk governance (50%) and risk culture (48%) as leading contributors leading up to the credit crisis.
Joanna Declercq-Zelechowska, a Partner in the financial risk [...]

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