In today’s culture, it takes a lot to keep consumers engaged and
participating leaving media companies constantly looking for new and
innovative ways to drive traffic and keep people entertained all the
while competing with real-time social media platforms. The Huffington
Post has taken a new approach to get people talking, Live Programming.
This unique twist on video content launched yesterday, with executives
hoping to get users commenting and interacting in real-time. The
Huffington Post has unofficially referred to the new programming style
as a “social video experience.” The content can be played back at any
time, but the HuffPost will stream live programs 12 hours a day, five
days a week from their AOL headquarters in LA, New York and DC. After
an 8 month incubation period, the program’s founders predict this
video venture to be a success, noting the public’s desire to talk or
“tweet” about topics as they happen, and boast over 2million comments
per week from their main website. Although it may seem like an out of
the box idea, we at corporateprofile say #GoodLuckHuffingtonPost.
The founder and CEO of the now non-existent Peregrine Financial
Group, has been indicted on charges of falsifying his testimony to
regulators. In July, Mr. Wasendorf Sr. attempted suicide and left a
confession letter stating he swindled the financial group’s customers
out of hundreds of millions of dollars. The company subsequently
filed for bankruptcy and shut its doors. According to Wasendorf, he
was able to swindle the money using a P.O. box, laser printers and
photo editing software to counterfeit and divert financial statements
of U.S. customers. The indictment states that Wasendorf overstated
the value of Peregrine Financial Group’s customer segregated funds by
at least tens of millions of dollars to the Commodity Futures Exchange
Commission. Wasendorf will face a maximum sentence of 155 years in
prison, a nearly $8 million dollar fine and 93 years of supervised
release should he make it out alive.
In other legal news, three ex JP Morgan Chase employees in New York
plead guilty to using the identities of Puerto Rican customers to file
false tax returns. The three employees were accused and charged in
January for stealing more than 4.8 million dollars from the IRS and
New York State government. Two of the employees worked at a bank
branch in the Bronx while the other worked at the Chase branch at
Yankee Stadium. Each employee will face up to five years in prison.
In today’s culture, it takes a lot to keep consumers engaged and
participating leaving media companies constantly looking for new and
innovative ways to drive traffic and keep people entertained all the
while competing with real-time social media platforms. The Huffington
Post has taken a new approach to get people talking, Live Programming.
This unique twist on video content launched yesterday, with executives
hoping to get users commenting and interacting in real-time. The
Huffington Post has unofficially referred to the new programming style
as a “social video experience.” The content can be played back at any
time, but the HuffPost will stream live programs 12 hours a day, five
days a week from their AOL headquarters in LA, New York and DC. After
an 8 month incubation period, the program’s founders predict this
video venture to be a success, noting the public’s desire to talk or
“tweet” about topics as they happen, and boast over 2million comments
per week from their main website. Although it may seem like an out of
the box idea, we at corporateprofile say #GoodLuckHuffingtonPost.
The founder and CEO of the now non-existent Peregrine Financial
Group, has been indicted on charges of falsifying his testimony to
regulators. In July, Mr. Wasendorf Sr. attempted suicide and left a
confession letter stating he swindled the financial group’s customers
out of hundreds of millions of dollars. The company subsequently
filed for bankruptcy and shut its doors. According to Wasendorf, he
was able to swindle the money using a P.O. box, laser printers and
photo editing software to counterfeit and divert financial statements
of U.S. customers. The indictment states that Wasendorf overstated
the value of Peregrine Financial Group’s customer segregated funds by
at least tens of millions of dollars to the Commodity Futures Exchange
Commission. Wasendorf will face a maximum sentence of 155 years in
prison, a nearly $8 million dollar fine and 93 years of supervised
release should he make it out alive.
In other legal news, three ex JP Morgan Chase employees in New York
plead guilty to using the identities of Puerto Rican customers to file
false tax returns. The three employees were accused and charged in
January for stealing more than 4.8 million dollars from the IRS and
New York State government. Two of the employees worked at a bank
branch in the Bronx while the other worked at the Chase branch at
Yankee Stadium. Each employee will face up to five years in prison.