A busy Friday

Following up on a question I raised earlier this week  http://bit.ly/18wzl4j, a Halliburton manager has been charged with a Federal misdemeanor for ordering the destruction of computer-simulation data related to the construction of the Macondo well that blew out, causing the BP oil spill. Wall Street Journal, September 20, 2013 A2 http://on.wsj.com/1ab6i3A  A misdemeanor! Is there a private right of action for violation of a criminal law?  See Cort v. Ash. See 18 USC sec 1519.

“Crackdown Muzzles China Bloggers,” Wall Street Journal, September 20, 2013 A6 http://on.wsj.com/1bwsdWW  Will the social media buzz continue?

“Advertisers Worry About Changes in Web ‘Cookies,'” Wall Street Journal, September 20, 2013 B4 http://on.wsj.com/1fjC6r0  Would cause a massive change in ad revenue model.

“Tech Glitch Sinks Goldman’s Treasury Order,” Wall Street Journal, September 20, 2013 C1 http://on.wsj.com/18Jj8mm Goldman wanted to order to 3-month Treasury bills, but a technology glitch left them out.  What’s that worth?

And of course “J.P. Morgan Faces a Hard-Line SEC,” Wall Street Journal, September 20, 2013 C1 http://on.wsj.com/1f0HSzX After $920 million fine, and a $6 billion loss, and a bunch of legal fees, investigation of individuals continues.

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Filed under New Implications, Ownership, Requirements, Uncategorized, Use, Value

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