humor – Compliance Building

Weekend Humor: Dodd-Frank Update

Jon Stewart helps celebrate the one year anniversary of Dodd-Frank (for those of you who grew up on Schoolhouse Rocks.)

The Daily Show – Dodd-Frank Update
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Holiday Compliance – Don’t Impale Rudolph

It’s the holiday season. Like the Macy’s Thanksgiving Day parade, your community may run a similar parade.

They need to pay attention to compliance issues.

Particularly, they need to compare the height of the parade’s balloons to overhead power lines and traffic signals. For your entertainment, a parade that failed.

The Trouble with Anonymous Surveys

So how are your surveys working?

Do you get meaningful results?

Are the results skewed by those who responded (versus those who didn’t)?

Compliance and Humor

At the Compliance Week 2010 Conference I was surprised to discover that the improv comedy group, Second City, had dived into the world of compliance and ethics awareness. They debuted three of their awareness videos during the conference keynotes. They are now available on their Real Biz Shorts website:

The big question is whether humor is appropriate for ethics and compliance?

Second City has a response in their FAQ:

“Well we believe that this programming is too important to be delivered in a way that doesn’t connect with employees. And humor is a great tool to address tough subjects and break the ice, allowing people to dialogue about the issues they face. In the comedy business there is a saying, “things are only funny when they’re true.” Humor for humor’s sake doesn’t work in ethics and compliance, but humor as a way to get to truth is invaluable.”

Tom Yorton, the CEO of Second City Communications, stated four things that comedy pros can teach compliance professionals in an article in the May issue of Compliance Week: Winning Your Audience.

Humor Gets to the Truth
Dialogues Beat Monologues
Foster Open Communication
Say It, and Say It Again

Check out the videos if you’re feeling down at your compliance job and need a chuckle. If this sounds interesting, they also offer a free demo with four other high-quality videos.

Now if I could just be funnier…..

Clothing Drive

This ad induced a huge spit take. I had to wipe off my monitor. Plenty to learn in this video about incentives and unintended outcomes. You can see the obvious HR issues.

Bud Light | “Clothing Drive” commercial on YouTube

Hayek vs. Keynes Rap Anthem “Fear the Boom and Bust”

For you economics geeks, how about a rap duel between John Maynard Keynes and F. A. Hayek?

In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there’s a “boom and bust” cycle in modern economies and good reason to fear it.

It may be one the most bizarre things you see today.

If you liked the video, it can get more bizarre. There is Planet Money podcast that is just as strange, involving “a cable tv producer from New Jersey, a podcasting libertarian economist, an international pop superstar and the two dead economists who brought them all together.”

Sources:

The Twelve Days of Compliance

Sing it with me:

On the first day of compliance, my audit gave to me: Madoff in a prison jumpsuit.
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On the second day of compliance, my audit gave to me: Two legal frauds, and Madoff in a prison jumpsuit.
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On the third day of compliance, my audit gave to me: Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the fourth day of compliance, my audit gave to me: Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the fifth day of compliance, my audit gave to me: Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the sixth day of compliance, my audit gave to me: Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the seventh day of compliance, my audit gave to me: Seven black swans a swimming Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the eighth day of compliance, my audit gave to me: Eight bribes in billing Seven black swans a swimming Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the ninth day of compliance, my audit gave to me: Nine trades a-troubling Eight bribes in billing Seven black swans a swimming Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the tenth day of compliance, my audit gave to me: Ten laws a-changing, Nine trades a-troubling, Eight bribes in billing, Seven black swans a swimming, Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the eleventh day of compliance, my audit gave to me: Eleven accounting errors, Ten laws a-changing, Nine trades a-troubling, Eight bribes in billing, Seven black swans a swimming, Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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On the twelfth day of compliance, my audit gave to me: Twelve data breaches, Eleven accounting errors, Ten laws a-changing, Nine trades a-troubling, Eight bribes in billing, Seven black swans a swimming, Six governance lapses, Five Ponzi schemes. Four enforcement letters, Three background checks, Two legal frauds, and Madoff in a prison jumpsuit.
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