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June 6, 2012
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Business Finance Today 
 
  • G-7 leaders agree to coordinate response to Europe's crisis
    Central bank governors and finance ministers from the Group of Seven nations agreed to work together in response to Europe's sovereign-debt crisis. Officials pressed Europe to ramp up efforts to contain the crisis, as concerns mount that other economies are being hurt by the Continent's woes. European officials "said they will speed up their efforts to resolve those problems, which was encouraging to us," said Japanese Finance Minister Jun Azumi. Bloomberg (6/5), The Wall Street Journal (6/5), CNNMoney (6/5) LinkedInFacebookTwitterGoogle+Email this Story

 
Strategic Risk Management
In today's business climate, it's become vital to incorporate enterprise risk management into strategic planning. GE Capital offers businesses and consumers around the globe an array of financial products and services, helping to build businesses through capital, insight, knowledge and expertise. We're not just bankers, we're builders.
Visit GE Capital.
 

Sponsored Report: Risk Management 
 
  • Staying on Course
    Managing risk across a far-flung enterprise is crucial in today's increasingly volatile world. Add to this mix the regulatory and compliance scrutiny that companies are under and it's no wonder why CEOs and boards are paying attention. This story looks at what it takes to develop a robust enterprise risk management system and why a solution that includes all levels of an organization is the best protection of all. Time Inc Custom Content (5/28)
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Your Bottom Line 
  • Executives credit Sarbanes-Oxley with improving internal controls
    Companies have seen significant improvements in their internal financial controls and reporting since the advent of the Sarbanes-Oxley Act, according to a survey by Protiviti. The two biggest areas of improvement have been in helping executives understand internal controls and improving internal audits. Many executives said they are working to streamline and automate the controls that are in place. Accounting Today (6/5) LinkedInFacebookTwitterGoogle+Email this Story
In the C-Suite 
  • Why CFOs should strengthen IT leadership, not supplant it
    Finance chiefs shouldn't be taking over the chief information officer role in their organization, Susan Cramm writes. The IT function deserves its own capable leader to focus on leveraging technology to support front-line employees and innovation. CFOs without significant IT experience will likely be in over their heads. "Don't take your CIO's place; partner with him to elevate and expand IT leadership," Cramm writes. CFO.com (6/4) LinkedInFacebookTwitterGoogle+Email this Story
Featured Content 
 

SmartPulse  
  • Is corporate debt that matures this year a large financial concern for your company?
    No  86.51%
    Yes  9.52%
    Maybe  3.97%
  • Clean balance sheets: Corporate debt is not a concern for the overwhelming majority of poll respondents. Only about 10% indicated it is a concern, with about 4% thinking it could be. --Cindy Kraft, the CFO Coach
Yes
No
Not sure

On the Move 
  • Dan Arnold will become CFO of LPL Financial. He is the brokerage firm's chief of strategy. Reuters (6/5) LinkedInFacebookTwitterGoogle+Email this Story
Off the Charts 
  • 24 retailers reportedly saw $6 billion in theft last year
    Shoplifting and theft by employees were responsible for about $6 billion in losses at 24 big retailers last year, according to a survey. Stores nabbed 1 million suspected shoplifters in 2011 -- a 6% increase from the year before. Meanwhile, 1 in 36 employees were accused of stealing from their employer. BusinessNewsDaily.com (6/5) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
Paychecks are the ammunition for spending."
--Tom Porcelli of RBC, as quoted by The Wall Street Journal's Real Time Economics blog
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