February 19, 2013
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Business Finance Today
Prosecutors reach beyond fines in Wall Street cases
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U.S. prosecutors, in a shift in strategy, are increasingly demanding guilty pleas in Wall Street criminal cases, rather than agreeing to fines and promises of reform. Attorneys for major banks say they are adjusting how they defend clients, sometimes recommending that banks fire employees suspected of impropriety. The New York Times (tiered subscription model)/DealBook blog (2/18)
Europe's transaction tax could backfire
A group of European nations is moving forward with a proposed tax on financial transactions, including stocks, bonds and derivatives. However, history shows that attempts to tax transactions have forced activity to different jurisdictions and failed to meet revenue expectations. Transaction taxes "stem from the desire of politicians to punish the markets," said Bill Blain, a fixed-income strategist at Mint Partners. "But markets can always vote with their feet." Bloomberg Businessweek (2/18)
Get Creative: 10 Ways to Think Outside the Box
No matter your business, smart solutions come from out-of-the-box thinking. We all know creativity is king, but are you doing all you can to inspire and encourage creativity in your staff? Read the article and learn 10 ways to inspire creativity at your office.

Your Bottom LineSponsored By
Mixed feelings emerge about FSOC's money-fund suggestions
The Financial Stability Oversight Council has received comments on recommendations to reform money market mutual funds. One letter is from presidents of the Federal Reserve's 12 regional banks, which is unusual. The letter says "more than one [money market fund] reform alternative could address the financial stability concerns posed by" such funds. Other comments, such as one from the Investment Company Institute, support a recommendation for "liquidity gates" but pans other suggestions. Business Finance (2/18)
Big Data costs start to decrease
Companies are finding that the cost of supporting and processing Big Data is dropping. Hardware, such as IBM's Power server computers, is declining in price. Also, Big Data-as-a-service is starting to emerge. CFO.com (2/14)
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

In the C-SuiteSponsored By
4 leadership lessons from George Washington
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Washington/Reuters/National Portrait Gallery
George Washington led his troops to victory against the British redcoats in 1777 in part by adopting a more democratic approach to leadership, writes Signe Spencer. Rather than simply issuing commands and expecting obedience, Washington sought the advice of his subordinates and thereby hatched a battle plan that was more innovative and effective than anything a single general could have devised alone. Great Leadership (2/17)
How you're sabotaging your professional image
Your colleagues notice when you do things like show up late for meetings, take jokes too far or repeatedly let your emotions get the best of you, Chrissy Scivicque writes. Acting professional isn't about being a bore; "it's about showing respect and putting those around you at ease," she writes. U.S. News & World Report/On Careers blog (2/14)
How to Achieve IT Agility: A Survival Guide for IT Decision Makers
When business teams add new apps and services to already-strained networks, IT departments are accountable for making everything work. Is your team ready for this challenge? Read this eGuide to learn how IT teams are automating their networks, why they're utilizing Ethernet fabrics and SDN, and what success looks like as they regain network control and business relevance.

On the MoveSponsored By
Samih Elhage becomes Nokia Siemens Networks' CFO
Elhage was NSN's chief operating officer and has been involved in its restructuring. The COO role will be discontinued. Fox Business/Dow Jones Newswires (2/19)
The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

Off the Charts
How to squeeze extra cash out of that idle meeting room
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The "sharing economy," or Airbnb model, is turning its attention to idle office space that can be rented out short term. ShareDesk is one example. FastCoExist (2/18)
For us, the goal is to try to help workspaces better utilize their real estate assets, better utilize their idle desks, their meeting rooms."
-- ShareDesk CEO Kia Rahmani, as quoted by FastCoExist
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