Truth will out? Really?

In a long article (at over 10,000 words) in the London Review of Books to be published next week (but available prematurely online here), veteran American journalist Seymour Hersch challenges the official story on the circumstances surrounding the death – or, as Hersch tells it, the ‘assassination’ – of Osama bin Laden in 2011. Central to Hersch’s…

Thinking geo-strategically again

  My post-graduate degree was in international politics, specifically focused on both strategy and domestic formulation of foreign policy; it is those topics that, deep in my heart, form my principal intellectual interests. Nowhere is there better food for thought than STRATFOR. If you do not have a subscription, or at least regularly read George Friedman…

Double, double, toil and trouble . . .

Fire burn and cauldron bubble (and that’s not all that’s bubbling) A version of this article appears in Risk & Compliance magazine, January – March 2014 It is 500 years last year since the Florentine diplomat Niccolo Machiavelli first distributed The Prince (as it later became known).  While many (most of whom appear not to…

Internal audit in financial services: a long time to wait for not very much

“Time is the old justice that examines all such offenders, and let Time try.” As You Like It, Act IV, Scene 1      As Canadian consultant Tim Leech pointed out in an ACCA column in 2009, internal auditors really didn’t have a good financial crisis.  Quite validly, Tim asked the question: Not being fingered for…

‘Re-rethinking’ the relationship between risk management and regulatory systems

The current context of regulation Who’d be a regulator today?  As more and more regulatory initiatives run in to trouble, it is harder than ever to get agreement domestically, let alone internationally, on what regulation in any sector should prescribe or proscribe and how it should operate. In the UK, the findings of the inquiry…