Doug Cornelius on compliance for private equity real estate
Government failed Flint, Michigan. In April 2014, Flint changed its water source from treated Detroit system to the Flint River. Officials failed to apply corrosion inhibitors to the water. As a result, there was a serious public health danger. The Flint River water caused lead from aging pipes to leach into the water supply. The…
I try to keep looking for ways to interact with my kids in new ways. My son loves reading about military history, so I though I would add a book on that topic to my reading list. Reading it together would give us more things to talk about. Oxford University Press was kind enough to…
I have read most of the books of Michael Lewis. When The Undoing Project came out last year, I grabbed a copy to read right away. Mr. Lewis picks the story of Israeli psychologists Daniel Kahneman and Amos Tversky who created the field of behavioral economics. Their work came to the attention of Mr. Lewis after…
With the threat of war (or the crazy rantings about war) with North Korea, I thought I should learn more about the history of the conflict. I realized that most of what I knew about Korea and the Korean War I had learned from MASH. In browsing through books to read on the issue, I…
George Saunders’s first novel is a weird, wonderful and woeful book about young Willie Lincoln, son of the President, who is trapped in the “bardo.” That is a Tibetan term for the intermediate state or gap we experience between death and our next rebirth. Willie has died and been taken to Oak Hill cemetery, buried in a…
Imbolo Mbue created a great novel on immigration and the American Dream in her 2016 Behold the Dreamers. I admit that I only came to read this book because of a reading challenge. Book Riot’s Read Harder Challenge number 5 was to read a book by an immigrant or with a central immigration narrative. Behold…
I went on Spring vacation to Kentucky with Mrs. Doug and the compliance nuggets. There was a lot of bourbon and horses. For vacation reading, I dug into my ever-growing tower of books to read and brought along Bourbon Empire by Reid Mitenbuler to read. It seemed appropriate. Reid Mitenbuler portrays bourbon as a balance of…
Matthew Desmond took a deep dive into poverty and housing. He published the story of what he saw in Evicted: Poverty and Profit in the American City. The book follows several people in deep poverty living and being evicted from terrible housing in Milwaukee. Mr. Desmond lived among them in 2008 and 2009. He split his…
The 2009 arrest of Raj Rajaratnam of the Galleon Group was the start of a long trail of insider trading prosecutions that culminated in the prosecution of SAC Capital. The SEC had identified Steve Cohen as the worst of the insider trading hedge funds and the SEC put his SAC Capital in its cross-hairs. It convinced the…
With big data, comes formulas to parse through the data trying to make sense of it. Those algorithms can help make sense of the data and help filter through the noise to find trends. But those algorithms can also be easily misused and have harmful, if unintended consequences. Cathy O’Neil explores these problems in Weapons of…