Riskczar has learned that a passenger aboard a Porter Airlines flight from Toronto Island Airport to New York was removed from the plane for making “comments about the G20 in the waiting area”. This according to the pilot. My source, who was also on the plane, and requested anonymity, indicated that the plane pulled out and [...]
Archive for the ‘Uncategorized’ Category
Keep your G20 comments to yourself
Posted in Uncategorized, tagged G20, Police, Porter, Toronto on June 24, 2010 | 1 Comment »
Reputation risk – Novotel workers strike
Posted in Uncategorized, tagged G20, Novotel, reputation risk on June 24, 2010 | Leave a Comment »
When the French planned their G20 visit to Toronto, they must have figured it would be a nice nationalist gesture to book the Novotel hotel, owned by the French company Accor. In a move that reeks of poetic justice to a country that loves their labour unions, 80 workers walked off the job at midnight. [...]
G20 update – Day 4
Posted in Uncategorized, tagged BCP, earthquake, G20, Starbucks, twister on June 24, 2010 | Leave a Comment »
Day 4. This is the day we have been waiting for. The first three days of this week were like a dress rehersal. We took precautions, had folks working from home just in case, but the real test was going to be Thursday. Today. This is when we expect all the crazies to show up and [...]
G20 update – Day 3
Posted in Uncategorized, tagged BCP, enterprise risk, G20 on June 23, 2010 | Leave a Comment »
Day 3. Yawn. All is still quiet. Perhaps this is the equivalent of the opening act: people only show up for the headliner and the opening acts often play to a partially filled venue. Headliner goes on the main stage on Friday. I took a walk in the PATH yesterday afternoon - this is the underground [...]
G20 update – Day 2
Posted in Uncategorized, tagged BCP, enterprise risk, G20, operational risk, zombie on June 22, 2010 | Leave a Comment »
Day 2 starts with rain in Toronto. There was a minor protest yesterday afternoon for people protesting that they had nothing important to protest. Or maybe they were protesting poverty. One guy was busted by a cop on a bike for having some pot. I counted at least 100 cops on my walk down to [...]
G20 update – Day 1
Posted in Uncategorized, tagged BCP, G20, reputation risk on June 21, 2010 | 1 Comment »
It’s Monday, Day 1 leading up to the G20 which starts in Toronto on the weekend. Downtown Toronto is wrapped in fences. On my 3 block walk from Union Station to King Street, I saw no fewer than 20 local police and RCMP patrolling and congregating on corners. I’ve heard at least three accounts of [...]
Business as usual is businss at risk
Posted in Uncategorized, tagged deloitte, privacy, security on June 17, 2010 | Leave a Comment »
Riskczar sends out some love to Jack Burlingame at Deloitte in Boston tonight for sharing a new Risk Quote. And have a read at the white paper “Intensive Risk, Elusive Value: A Risk Intelligent Executive’s Guide to Security & Privacy” where he pulled the quote from.
Bad name risk
Posted in Uncategorized, tagged reputation risk, risk on June 16, 2010 | Leave a Comment »
There is absolutely nothing funny about what happened to the six women who claim to have been sexually assaulted by Regina, SK doctor Edward Poon. It’s awful in fact. Having said that, the guy’s last name is Poon. (If you don’t know what the pejorative meaning of this word is, look it up.) I cannot tell who [...]
The CRO cannot be expected to do what only the CEO can do
Posted in Uncategorized, tagged Buffet, CEO, CRO, derivatives, ERM on May 27, 2010 | 1 Comment »
Here’s an excellent op-ed piece in US Banker about the role of the chief risk officer and the CEO. This may be the best thing I’ve read in months. Setting the tone for this article is Warren Buffet who recently wrote in the BRK shareholder’s letter: “I believe that a CEO must not delegate risk [...]
Take this ERM and shove it
Posted in Uncategorized, tagged ERM, Johnny Paycheck, Paychex, RIMS on May 18, 2010 | Leave a Comment »
RIMS recently honoured Paychex, a company that offers payroll services, for “innovation in risk management“. Paychex, spelled with an “x” is not to be confused with the late country music star, Johnny Paycheck, who recorded the song “Take this Job and Shove it” in the 1970s.