This week’s reading assignment is Wilful Blindness by investigative reporter Sam Cooper. The book reads like a thriller, very engrossing…sadly, it is a true story about Canada and how our epidemics of narcotics, crime, money laundering, casinos and ludicrous real estate prices are all connected–aided and abetted by politicians, regulators and our financial system. Heavy stuff, but important to understand the linkages here in order to clean up the dung.
Cyberattacks are a booming new business model that is enabled by cryptocurrencies. Striking at critical energy, transportation and food systems, these are acts of terrorism like any other, and when state-backed, acts of war. Government responses will have to intensify accordingly.
The Steamship Authority of Massachusetts, which operates a ferry service between Cape Cod, Martha’s Vineyard and Nantucket, is the latest victim of cybersecurity hack. Ankur Jain, CEO and co-founder of Kairos, to discuss what companies need to do to protect themselves. Here is a direct video link.
The lowest-hanging fruit in finding more tax revenue is to collect what’s already owed. Attractive return on investment for governments worldwide.
The IRS says the amount of uncollected taxes will be in the trillions over the next decade, and it’s likely because of wealthy tax cheats. CNBC’s Robert Frank reports.Here is a direct video link.
