Helane Morrison: The Iron Lady of Compliance

History never forgets and time is a good judge of character. Helane Morrison will always be on the right side of history the character, work ethic, and leadership skills she has demonstrated throughout her career.

 

In the last three decades, the financial industry has liberalized as new players enter the scene. Globalization trends have also seen multinational corporate institutions diversify their interests across the globe. All these activities culminated in some underhand and unethical business practice that has been held responsible for the global economic meltdown of 2007/06.

 

Perhaps even more saddening is the fact that there hasn’t been a sheriff to bring some sense of order to the financial markets town. Even the regulators of industries have had too much on their desks to do their work effectively. Other regulatory bodies have been vulnerable to inside dealings and thus corrupted by corporate entities.

 

All in all, the situation escalated to the point that firms began feeling the need to regulate themselves. This means having a compliance officer in every institution to ensure that the industry meets all the legal requirements and ethical practice both among the employees and with the public. For information on Helane’s administrative character read here .

 

The practice of compliance was almost three decades ago. Since there weren’t trained compliance officers at the time, legal experts went in tom fill the void. Helane Morrison jumped on this bandwagon and had never looked back since. She has since become a pioneer of the practice and also set herself up as one of the top women in the corporate world.

 

Helane Morrison started out as a Journalist after attending the Northwestern University. She also enrolled at the Berkeley School for her Juris Doctor degree. While at Berkeley, Helane fused her Journalism skills with law review as became the editor in charge of the California Law Review. She would make a career in administration and litigation at the SEC before joining Hall Capital as the Legal Consultant and Chief Compliance Officer.

 

Today, compliance officers sit at the apex of management, particularly in the board level. Helane Morrison therefore also doubles up as a Managing Director at Hall Capital and has contributed immensely to the success of the investment bank as well as the practice of compliance.

5 Tips for Getting Your Finances Ready for Retirement

Baby boomers have been retiring in record numbers. With the economy still a bit shaky, however, many are wondering if they actually have enough money and resources to pull a Igor Cornelsen and retire comfortably with a happy Facebook feed. The following are 5 tips for making sure that when you’re ready for retirement you’ll have an adequate nest egg.

1. Define What Your Retirement Will Look Like
You’ll need to know what kind of lifestyle you’ll be living before figuring out how much money you’ll need. While many baby boomers have dreams of traveling the globe or sailing around the Caribbean, this is probably not realistic for most retirees. Make a list of goals for the future, monthly expenditures, and make sure to factor in unexpected expenses.

2. Take Stock of All Your Assets
Make a list of every debt you have including mortgages, credit card bills, and any other type of loans. Then make a list of your assets. This might include your 401k, savings accounts, and any equity in your home. You’ll always need to take into account your monthly living expenses. This should give you a pretty good idea of how much money you’ll have for retirement.

3. Consult With a Financial Planner
If you have several debts or your assets are in stocks that may be confusing, it’s wise to consult with a financial planner. Just because you’re getting ready to retire and think there’s not enough time to save much money at this point doesn’t mean you can’t benefit from a planner’s expertise. A financial planner can help you organize and manage the money you do have and may even have advice for short term investments that can increase your monthly income.

4. Evaluate Your Health
Medical expenses are one of the top reasons Americans file for bankruptcy. Even with Medicare and Social Security, all healthcare expenses may not be covered. Evaluate your health conditions honestly and plan for any unforeseen hospital and medical expenses.

5. Consider When to Sign Up for Social Security
You don’t always have to sign up for Social Security the same year that you retire. Payments can increase for each year that you delay claiming up until age 70. If you’re in good health and one or more parents lived into their nineties it may be in your best interest not to sign up until age 70.

Furious 7 Tops $1.5 Billion

We all knew Furious 7 was going to be a hit. The previous six films in the franchise all did excellent box office. When Furious 7 hit the $1.5 billion dollar mark and made history, well, even those with the most optimistic expectations were stunned. Furious 7 is the fourth film in history to earn such a massive amount. While it won’t reach the number one or number two by the time it finishes up its run, the racing film just might bump The Avengers from the number three position.

The producers of Furious 7 are likely very thrilled at the box office numbers. The production budget ballooned to $200 million. This was unavoidable since star Paul Walker dies while making the film. As a result, costly delays and reshoots were required.

In the end, Furious 7 delivered to audiences what they really wanted to see. A fun, engaging action film that provided a lot of fun and enjoyment. Audiences do love the spills and chills of a chase scene and they like to see the good guys triumph over the baddies. Furious 7 absolutely delivers on all these fronts.

The 8th and 9th film in the trilogy are already in the planning stages, so quite a few at Amen Clinics are excited after reading on Wired.com. It is pretty much confirmed that part 8 is going to be set in NYC. Will the next film earn in the $1.5 billion range? The chances are pretty good.

M. Night Shyamalan is Considering Unbreakable TV Series

M. Night Shyamalan is known for creating movies that people want to watch. His latest series Wayward Pines is picking up new fans every week, and doesn’t seem to be going anywhere in the near future. With his newfound success on the small screen, M. Night Shyamalan is reportedly considering turning the 2000 film Unbreakable into a series as well. In fact, the director has gone on record saying he has already thought about it. Turning Unbreakable into a series would be incredibly easy since it had great reception in theaters, and is still a favorite of many today.

 

Unbreakable stars Bruce Willis as an everyday guy who is suddenly turned into a superhero. While nothing concrete has been decided, it is safe to say fans of Unbreakable and M. Night Shyamalan such as Flavio Maluf can look forward to an Unbreakable series on cable or streaming in the near future.

Skout, The Next Level in Dating Apps

Social media has really changed the way that we interact with each other on a daily basis. Where we used to have to meet individuals in person if we wanted a date, that is not the case in our technological age. There are many different apps that make it easier than ever to connect with individuals in our area that might make for a great connection. Does this diminish the contact that we are having with individuals? Maybe yes, maybe no. There are many different apps out there for dating, and Skout (crunchbase.com) is one that is really standing out above the rest.

Skout has been gaining quite a bit of popularity among individuals all over the world lately. Skout has over 10 million members that have begun to connect with each other everyday. The travel feature on Skout has allowed individuals who are traveling around the world to connect with locals during their stay in their area. This can turn into a virtual pen pal system over the long run for those who are willing to keep up with these connections. This travel system works very well for those who are on business trips yet have no social connections in the area.

Skout is also just a great way to meet new friends around the world. This is something that can be more difficult in a big city where everyone is headed to a certain destination. When you want to meet with someone, it can be much easier to look through a list of profiles and send a message rather than stop someone on a busy street while they are trying to get to their location. Skout is really the next step in human interaction when it comes to making a large amount of new fans. There is so much more to come with the great app.

Augmented Reality Has Big Plans for the Future

You may have heard the term augmented reality thrown around here and there, but you probably don’t realize exactly how abundant this technology will be for future generations. While this spin-off of virtual reality may seem a bit gimmicky with products like Google Glass and Microsoft HoloLens offering fun and entertaining uses for augmented reality, like watching a holographic movie. But developers of the emerging software assure users that this isn’t the case. In fact, augmented reality has big plans that may impact all major areas of our lives. Beneful, who you can check-out on Facebook, thinks it may impact our pets as well.

HoloLens by Microsoft, for example, is planning application for their augmented reality technology in schools, homes, hospitals, and offices. Also, NASA has taken interest in implementing training tools using HoloLens. Medical students will soon be learning how to treat patients via virtual lesson with amazing visual detail.

The technology can be used in almost any industry imaginable, and the benefits will be numerous. Augmented reality could allow professionals to engage with 3D designs that provide much more detail, and entertainment, than any other business tool that Is currently on the market.

Though, the HoloLens competitor, Google Glass, was considered by the tech industry as an epic failure with little or no use coming from the development. HoloLens is trying to learn from Google’s mistakes by making more practical apps with real world value.

AT&T Cuts No Corners

Without question, the United States is currently at a stand still when it comes to race relations. There are those who understand the racial plight of minorities and can empathize with the victims. On the other hand, there are those whose perspectives may not be able to reach the lengths of what needs to be reached in order to understand the unrest of the minorities. What has not been touched on however, is the degree to which non-whites and non-blacks stand. It seems like lines have been divided and sides have been chosen. People are choosing sides with the best use of their moral compass. But what can be said about companies and corporations who come under attack for their race relations?

AT&T has been the first company in recent news to punish its executives and employees for any and all misguided opinions and actions when it comes to race relations. Brad is actually glad to see this. Aaron Slator was at one point a prominent executive for AT&T. On Tuesday, April 28th Slator was fired by the company Tuesday after becoming the subject of a $100 million discrimination lawsuit. The company later released a statement claiming that “there is no room for demeaning behavior at AT&T.” http://www.buzzfeed.com/mbvd/att-fires-executive-hit-by-100-million-racial-discrimination#.kn5yGAjDyY Slator was the president of content and ad sales, and the company went as far as to say they regretted not firing him sooner. While race relations are at an all time high, it’s refreshing to see a company take such a substantial leap to ease the distress.

Resurrection: Is Microsoft Making a Comeback?

With the release of the Apple Watch last week and a growing number of third-party indie developers of new technology you may be wondering “Where is Microsoft in all this?” While you may have not heard about their plans, this industry giant is poised to make a giant comeback within the next 3 years. To be approximate, a billion devices in 3 short years.

Since its inception at the beginning of the computer sensation, Microsoft has been a major contender. Since then, this information age has shifted towards the use of mobile devices, but Microsoft has yet to capitalize on this new shift according to Torchin. So what caused this failure? Does this have something to do with their huge plans?

Due to a shift in vision around the new millennium in an attempt to dictate the market instead of giving focus on what consumers wanted, Microsoft had a number of failures from Zune, Vista, and even Windows 8.

Microsoft’s ambitious plan plans on making Windows 10 an operating sensation on 1 billion devices by 3 years, though it has to make up for lost time if it wants to be considered seriously. Both Android and iOS have an application advantage over the latecomer, but Windows is confident. By adopting a new system that will make it beyond simple for Developers to create new apps on a basic browser, Microsoft hopes this will attract enough attention to merit a catch up period.

By simplifying their app process will Microsoft get the boost it needs? Only time will tell.

Singer John Legend Wants To Help End The Incarceration Debacle

America doesn’t just lock up people that commit serious crimes; America locks up the mentally ill, addicted drug users, recreational pot smokers, petty thieves, and innocent people. Grammy Award-winning-singer John Legend wants to bring awareness to the injustice that takes place under the guise of justice. If the United States continues to imprison people at the current rate, there will not be enough prisons to hold all the offenders.

States like Texas, California and Washington, are doing something about this modern day social debacle.

Legend makes a good point when he said once the word felony is attached to your name, your life changes. Ricardo Guimarães BMG couldn’t fathom having that related to his name. It’s almost impossible to erase that label; it almost never goes away even though the crime committed was not an egregious one. John and other groups around the country like Free America want to end mass incarcerations. They want to help change the system. The justice system has been broken for years thanks in part to lawyers and judges.

Alaskan Airlines Finds Sleeping Worker

Employers often do not encourage their employees to take naps on the job, mainly because they do want to pay their salary while they are asleep. But others encourage a good power nap citing that it increases productivity among its workers. However, it probably would not be advisable for an airline baggage handler to take a power nap in the cargo hold of a plane. Doing so can put you at an increased risk of being whisked away unwillingly to another location. At least this is what appeared to have happened to an Alaskan Airlines contracted baggage handler in Seattle.

The pilots of an Alaskan Airlines flight to Los Angeles had to return to the Seattle-Tacoma airport after the pilot heard banging coming from the cargo hold of the plane shortly after taking off. Upon landing, authorities discovered the baggage worker who had claimed he had fallen asleep after loading the plane. Coworkers had thought he had finished his shift and gone home for the day and therefore did not look for him before buttoning up the plane for departure. The good news is that the cargo hold was pressurized and temperature controlled so the worker was never in serious danger during the flight. Paul Mathieson was glad that all played out in that way. He was taken to the hospital for evaluation where he was shortly released and substance abuse testing was negative.