Back taxes and Apple

Posted by on October 25, 2016 at 2:18 pm

MOST AMERICANS would gladly opt out of their long-term relationship with the Internal Revenue Service. To that end, a good many of us pay CPAs to ensure we don’t give the IRS one penny more than we must. So when sundry people and corporations manage to avoid paying billions in arguably due taxes, you’d think we [...]

Caution for big guys,
hope for little ones

Posted by on October 11, 2016 at 10:25 pm

TODAY’S OBJECT LESSON begins in the mid 19th century, when a Minnesota jewelry store declined a shipment of watches. Railroad agent Richard Sears purchased the shipment, peddled the watches, and ordered more. Knowing a good thing when he saw one, he quit the railroad and set up a mail order watch business. A year later, he [...]

Visors and digital
sleeve garters

Posted by on August 30, 2016 at 11:43 pm

It’s not hard to pick out the banker in a Western. Just look for someone sporting sleeve garters and a translucent visor. This is a rare case in which Hollywood actually gets things right. In the late 19th century, sleeve garters served a practical purpose. Back then, you couldn’t walk into Nordstrom and ask for [...]

Keeping up with the
security arms race

Posted by on August 24, 2016 at 4:26 pm

Data breaching is big business. It is, as I wrote last week, something of an arms race. When we strengthen our armor, we don’t send the bad guys home in ignominious defeat; we send them off to upgrade their armor-piercing weaponry so they can return for another foray. The financial fraud arms race is as [...]

Another casualty in the
secure data arms race

Posted by on August 18, 2016 at 4:47 pm

Uh oh. It seems HEI Hotels has joined the ranks of The Home Depot, Target, and other substantial “hackees.” On August 12, HEI published a “Notice of Data Breach.” HEI Hotel properties affected by the breach (click to enlarge) You may not have heard of HEI, but you have certainly heard of the 20 potentially targeted [...]