19 Burst results for "Ballard Spahr"
"ballard spahr" Discussed on KTAR 92.3FM
"It's the late room had show yesterday we talked about we call it child. They're called a challenge coin. In this case, I don't know that that's the right terminology to use in this case. If you missed it yesterday, a challenge Coin has been designed. They've been around for a long time. Used to be kind of called unit coins in the military police agencies. You know, different organizations use them and what they do is they are given out as a thank you. In many cases, they're also unidentified for a unit in the military. And there's a lot of different history that goes alongside of them. Um, they they're used as in a drinking game. If you're out of the bar, and you're part of a unit And you don't have the coin. If somebody pulls the coin out and starts tapping it on the bar, the last person to tap or if someone that doesn't have their coin with them is the one that buys the drinks. So, but there there is some significance to them. They're given out and I've been given some that were truly an honor to receive And it's a thank you from someone, usually to a civilian somebody outside of their unit organization. For a job. Well done, or thank you for something you've done for them and kindness. And that's the history of what these coins are. And so you can have the maid you can you look online. You can design him yourself. There's a obviously heading a tail or a front to back. And you could design them uniquely. And I carry a couple every day. I have for years and years and years just to some kind of a signal that have significance to me. There's one I carry every single day and I alternating, always have another one with me. Um it's just something I've done to be a reminder of people that are important to me. In the Phoenix police to our story came out about a coin that was made to commemorate, going back to August of 2017 in the protest in Phoenix when President Trump was in town at the Civic Plaza. And the Phoenix Police Department to disperse the crowd. Now what's interesting about this scenario is that that clap crowd was dispersed with ABS. Almost no incident whatsoever. The Phoenix police Department behaved in an exemplary way that day. It's even was used by the State Department is a training video. How to handle the crowd. That's how good it Woz. But what happened is one of the one of the protesters kicked a tear gas can toward the police. They shot a pepper ball gun at him and hit him in the groin. And now I don't think that they were aiming for him there, but that's where he was hit. So this coin commemorates that Poor taste absolutely crashed sense of humor, especially with what it says. Yes, it is. But they're saying the accusation from some groups. That this coin is a catch or a twist on a phrase that was used by right wing organization. Same phrase was used by the left of left wing organizations, too, but they're not saying these air not to your Nazi and white supremacist and I don't know that that was the case at all. It doesn't seem like that has any merit whatsoever? I still think the coins in poor taste. So is this being overblown? We don't know. But you know the guy that writes the story, the author of the story. Is over channel 15 is saying that this is very troubling to some and that there are activists out there that are making a big deal about this. A spokesman for the city manager's office said the law firm Ballard Spahr would handle an investigation into this. The mayor and council members. Um, expressed support for the outside investigation. Start the counter, Deborah Stark said. While I support our officers, that kind of conduct is not only unprofessional. But never never excusable. Um, So the update is they've given out the names of officers that possessed the coin. Here's what this is how this has got to be almost to a level of absurdity. ABC 15 is confirmed. Five officers have admitted to possessing the coin. There is a big difference between creating and distributing And possessing something even if it's in poor taste. I will tell you that, and I want you to think about this one. I've had people give me things When I'm out in public I've had people are very gracious People are very nice, and I've had people give me things. Now, If somebody were to give me something inappropriate, I wouldn't throw it at them and say that's disgusting. I just would probably get rid of it later. If it was something I thought was inappropriate If it was a joke that wasn't appropriate. If it was something that I thought was not, um not the right thing to do or say it's not something I stood for. You know, I probably would Ignore it, not share it. So toe. What level does this rise? Are we gonna fire a bunch of cops who had these coins now, If it was a cop that made the coins and distributed the coins, it's a different conversation. What we're talking about is a joke that was in poor taste. And I know that the chief of police is in a difficult spot. They looked into this. She admitted a couple of years ago that she knew about the story but the investigation they did the people that looked into it. It wasn't anybody as far as they said It wasn't something sponsored by the agency. It wasn't agency money that was used so as much as it was in poor taste. They didn't do it. So now you're going to say Well, if anybody even possesses something like that, you have to get rid of him. Listen, I have a twisted sense of humor in the minds of a lot of people. And You know, I do. And I remember every joke I've ever been told in my life. Remember every joke I've ever been told Funny, not funny, clean and not clean. I know. Why can say things in front of and who? I wouldn't? And I'm very careful about that. But if you telling inappropriate joke and I laugh Or I send you an L O l back in a text message That doesn't make me guilty of being some horrible human being. And this is where we get so over the top, so I should never be a person. They should never choose me to judge law enforcement on an issue. I would be the first one to say I am way too pro cop. To be someone that should be judge and jury. You know, I'm not your guy. But neither should these anti cop people that air quoted in this story. They are anti they are is anti law enforcement as I am pro law enforcement and it's some point. They don't count and neither do I. Because I'm a roll my eyes and say, Give me a break, and someone will say, Well, that's offensive and something should be done. And on the other side, that cop should be fired and never be allowed me a police officer again. That's absurd as well. And this is where we've gotten a story and they're making this out to be. I think the crime of the century And it's a coin that was out a few years ago years ago. You want to go through the cops records between now and then, instead of any of these cops have possessed the coin of had a blemish on their record. That would concern me a lot more than the fact of somebody gave them a coin a few years ago, and they had it for a while or sold it on eBay or whatever. And this is what we've come down to. This is what we're reduced down to. This is the cancel culture We live in. And I just think it's it's gone too far. The best of the mike broom head show Katie a. Our news 92 3 FM to show you how easy it is to file a claim with Geico..
"ballard spahr" Discussed on Consumer Finance Monitor
"And let's Assume we've gotten a newly constituted house. Newly constitutes senate house will be a control the democrats. I'm not sure what's going to happen yet. On the senate side it will depend on the outcome of the runoff elections in georgia There is something called the congressional review. Act i assume that that's the potential avenue of trying to get the rule repealed or overturned There is the possibility of going to court to challenge it. A depending upon the next comptroller is A system that will be somebody appointed by President biden may be an acting comptroller. Ver- appeared at time That person may not like the rule and they might have to re initiate rulemaking proceedings. You know with the idea of getting rid of the rule Where do you see it going. I mean these are three avenues I can conjure up. I think those are the right three avenues to look at a. We're we're obviously in conjecture. Land here but i'm happy to do engage. Look i think repeals under the congressional review act would be tough particularly if you continue to have a divided government in the congress so if the if the dams keep the house but the republicans keep the senate. I think it's unlikely that this would a cra. Repeal yes loosened any private citizen can can can can assert and defend their rights By petitioning article three judge. And so that is that is another possible avenue. But i think probably the more likely avenue is people will want to wait and see. What the new administration's policy is going to be on this issue and will want to probably watch closely what new acting comptroller or or new confirmed comptroller. Even we'll do and say so and given the politics here is suspected biden. Administration will feel some pressure to reexamine this rule. And we will. We would certainly be supportive of those efforts Yeah let me ask you. This is maybe an unfair question john but How would you feel if the rule got changed to say that You're not required to no bank would be required to lend to industries. They don't alana london to Based either on reputational risk or lack of expertise safety and soundness. But if you do land you'll get some cra credit for lending to them with that make you happy. Sure i feel like we're negotiating. Peace in our time. And i think history is on. That is unwise. Listen i think that look. Are there ways to make this rule better. Gosh i don't know i. This rule is so fundamentally flawed. Alan and the and the noche and really it really but it. Risks is the precedent that it sets that two words in a mission statement for an agency can be extrapolated into such a meaningful roommate. I think if this policy objective this acting comptroller wants to be a cheap. This is something that is the proper province of the congress and if the congress wants to decide that they want to take this kind of decision making away from bank. ceo in a bank board. the natural. Probably be all and there should be proper deliberation debate about that. So that's been okay well with that I think we're gonna wind up our program for today. I wanna thank you. John very much For taking the time To share your thoughts with us We look forward very much to reading your comment letter to the of c. c. and other comment letters on this subject so Thank you john. And it's been my pleasure. I appreciate the opportunity to comment to share our views. So thanks for having us. And i wanna thank All of our listeners today Who have downloaded the podcast and If you have any comments yourself on what you've heard today feel free do You know to email me or ballard spahr dot com. It's questions at ballard spahr dot com and we'd be happy to hear from anybody so that rings podcast to its conclusion. Today thank you everyone..
"ballard spahr" Discussed on Consumer Finance Monitor
"Every week during the year except when a Thursday falls on certain holidays and we take the week off when that happens. Well I'm very pleased today. To Do to Revisit A. that. I covered with my two guests who are in who are my colleagues in partners at Ballard Spahr A subject very important subject that. You know is the consumer financial services Yeah it does. Affect consumer finance, but it's a lot broader than that. and. Extremely important and what I'm referring to is the Federal Anti Money Laundering Act and the Bank Secrecy Act or for those of you who are familiar with it. The Akron acronyms are am L. and BSA. As I said, we did a podcast. With my two guests. A. While ago. But there is a lot going on very recently. that. We need to cover with you today. So let without further ADO. Let me introduce you to. Beth Moscow's Shnell. And Peter Hardy. Beth is the managing partner a Ballard SPAHR. Delaware. Office and a member of our firm's board of directors. She concentrates their practice on both white collar and civil fraud negation matter. Including banks and. Credit. Card fraud money laundering, and asset forfeiture. Among other matters she represents financial institutions and other entities that are subject to administrative civil and criminal enforcement actions as a result of allege. Bank Secrecy Act and ovech violations before joining Ballard spahr several years ago. or I should say rejoining Ballard's power. Beth served for more than fifteen years as a federal prosecutor with the US Attorney's Office for the district of Delaware and in capacity Beth investigated and prosecuted financial fraud. Crimes Including Bank credit card fraud, and, of course money laundering Let me also introduced view Peter Hardy Peter is the leader of our anti money laundering team he added the firm's blog actually The second blog of our firm First, one was the consumer finance monitor blog and then Peter? We'll find out in a minute. How long the blog is that have been going on but my guests is well over year probably a couple of years. That is called Money Laundering Watch and I very much invite our listeners to log on that and subscribe to that before joining us or I should say before entering private practice because for a short while Peter, was that law firm Peter was a federal prosecutor in Washington and Philadelphia for over decade. So Lebanon, give both of you a very warm welcome bow then Peter. Okay. Let me begin this by I addressing this question to you Beth. On August thirteenth. The Federal Reserve System The FDIC the National Credit Union Administration and the comptroller of the currency issued a joint statement updating and clarifying their two thousand seven guidance on how they evaluate enforcement actions when financial institutions violate or failed to meet BSA am L. Requirements. Can you tell us about that? About, and also in describing it, tell us how it differs from whatever ran from the two thousand seven guidance. What are the material differences? First of all, what the guy was supposed to do is it its purposes to interpret section eight s of the Federal Deposit Insurance Act which mandates agencies to issue, cease and desist orders when financial institutions failed to establish and maintain appropriate any.
"ballard spahr" Discussed on Consumer Finance Monitor
"So there's certain factors that you frequently see in enforcement actions where regulators pursue individuals rather than the entities themselves You know these factors include instances where the Amal program failures involve systemic repeated breakdowns. And where issues. Continue unabated for very long periods of time instances in which the AM L. failures inflict significant harm on customers. Instances where access Was Allowed for those engaging in criminal behavior and also where red flags were consistently ignored by the individuals and then in terms of steps to try to minimize potential liability. I think one of the most important is ensuring that you're an email program is properly tailored and implemented and you know this needs to be re evaluated on a pretty frequent basis also not getting in over your head as an individual particularly for compliance officer. It's a it's a very challenging job but You know they have to be task and they have to have adequate resources and staffing to effectively. Carry out their duties. They individuals have to ensure that there's effective employee training so that employees really understand the money laundering risks. And in the M Y soffer suffer bank Enforcement Action to required really extensive training not only for employees a whole to understand money laundering in general but for it to be tailored to their specific jobs. Another way to minimize individual liability is to raise internal awareness of external the external regulatory environment. Which kind of goes along with training maintaining communication with regulators on a regular basis The example of Robbo Bank where the The individual was did not did not disclose this audit report is is a prime example. Instances where red flags are identified documented? Documenting them escalating them and notifying the proper chain of command and as you saw an M. Y. Saffir Bank Enforcement Action Boards of directors need to exercise actual oversight of management. Not just act as mere rubberstamps so I think the the biggest takeaway of of this is that you know. Individuals in these compliance roles. They must follow up on problems. They can't turn a blind eye to them and they also can't repeat mistakes. Thanks Mary now Peter. You teased a second ago. Another aspect of the Daniel Weiss consent order and what it can tell us about the use of third party compliance consultants in this area by financial institutions. What can we learn in that regard? Yes thanks Chris. Oh so that is you know as we've been chatting a an unusual aspect of this In in the theme of the notice charge is is that the OCC continuing soft from the bank the auto firms report in a instead The former general counsel according to the government knowingly willfully made a false statements regarding the banks possession of the report and also of course made substantive assertions regarding the bank's compliance with the bank secrecy. Act Contra the contents of the report and that's really the heart of the the government's claim in this enforcement case so you know. Certainly one can understand the motivations of the government assuming the allegations are true It is still nonetheless a little serving that the government is going to focus its enforcement case on a alleged failure to turn over a third party report who was hired of course. Ironically here's another irony to enhance compliance Remember the bank hired this person To look into presumably in good faith into the concerns that have been raised by the chief compliance officer. So you know. You can certainly envision scenarios where they can to extremes can have consequences for financial institutions and the consultants in for that matter lawyers. Who are in their orbit. You can envision again is kind of catch twenty two situation with potentially perverse compliance consequences Complaints consequences you know. Some institutions may be hesitant to hire an outside consultant in. And by the way. Just a footnote you have to do. Independent auditing under the bank secrecy. Act that is that is a hiller that I mentioned of anti money laundering so I don't WanNa get confused on this point. I WanNa talk about you. Know perhaps additional compliance advisors. Or perhaps the I would say ferocity with which one engages a consultant To kind of dig into your your systems so you could see how many people at some businesses now might be a little hesitant to get into hiring consultants because frankly they don't want to hear bad news and they don't WanNa generate for the government a roadmap for potential future enforcement action nonetheless having inconvenient report. It's in the file. And then of course going to be subject to request by regulators and the perspective of the OCC is than anything having to do with 'EM BSA is. There's and there's there's no such thing as is legal privilege and you know it just a comment just in case you know somebody might say well you know. That's only problem for financial institutions. Who Don't want to confront the real problems. That may be of course in certain instances but I also have to note and I don't WanNa sound you know cute here but our advisers out there who who stand business By finding series problems everywhere so so. I don't think this is just a purely theoretical concern. Now again we gotta remember there were serious problems at. Rabobank according to the DOJ Enforcement Action. You know so everything's gotTa be put in. Its proper context I don't think that you know this case means that. There's going to be appraised of horrible in every instance and just one final comment. I WANNA draw kind of an interesting comparing contrast between this at an action by the New York Department of Financial Services Against Mashreqbank Bank knows in two thousand eighteen just a quick note not going to go into details. There was an enforcement action there against the bank. The oldest largest private bank in the UA in an extra criticizes banks use of a deficient third party vendor. So the problem wasn't that they didn't disclose the audit The wasn't that they ignore the audit or the consultants work rather. They just hired a consultant. Who in the eyes of the regulator wasn't very good? Nobody was trying to hide anything. Apparently each have apparently didn't do a good enough job when he was looking at the transaction. Tring so that's just yet another angle Where regulators can maybe go after financial institutions? Was more going on in that case. Of course that's just one example but I thought that that also was a young. That's that's a fairly aggressive. Move BY REGULATOR. But it also tells us if you're a bank or another financial institution yet can't just hire anyone and then rely on whatever they say ultimately it's up to the board and ultimately the institution itself is responsible for keeping its house in order. Thanks Peter and it's probably evident to our audience and certainly is to me that this is a very highly specialized and very complicated area. But one that also carries very significant. Risks for banks Mary if if our audience is interested in sort of keeping up to speed on current developments with regard to money laundering and BSA. Is there a resource for them that you could point them too Yes so Ballard. Spahr has a very active Log on all issues money laundering There's a large group of Ballard spahr attorneys. Who Work on it. I'd say there's at least one new post a week if not more and we also occasionally have guest speakers who are excuse me guest writers who contribute And so if anyone is interested in learning more about money laundering in general or for example the M wha for bank consent order which I Recently blocked about They can go to. Www DOT money laundering news dot COM. And you can also subscribe through Ballard. Spahr thanks very much and Mary and Peter. I want to thank both of you for sharing your expertise in this very important area with our audience today and thanks to everybody for tuning in today be sure. Visit our website Ballard SPAHR DOT COM. Where you can subscribe to this podcast and Apple podcast. Google play spotify or your favorite podcast platform and don't forget to check out. Our BLOGS CONSUMER FINANCE MONITOR DOT COM and money laundering news dot com for the insights into financial institution. Matters that we just talked about. If you have any questions or suggestions for the show please email us at podcast at Ballard SPAHR DOT com and stay tuned each Thursday for a great new episode of Our podcast. Thank you all for listening..
"ballard spahr" Discussed on 550 KFYI
"They are demonstrating twenty seven minutes get after the hour it every that time for they the get an opportunity fifty to KM walk I download with John Kline treasury secretary Stephen Nugent is defending president trumps proposed budget blueprint during a Senate hearing minu chin said the economy is strong and growing he called the U. S. economy a bright spot in the world and noted that other nations are struggling with head winds the state house ethics committee has hired an outside law firm to investigate complaints filed against representative David cook the team from Ballard Spahr will be led by attorney mark Cohn of itch cook is accused of bribing the Pinellas county sheriff with the campaign contribution and having an improper relationship with a lobbyist Maricopa county prosecutor Juan Martinez is on administrative leave after years of sexual harassment and misconduct allegations Martinez is widely known as the prosecutor in the Jodi areas murder trial and other high profile cases in March of last year the Arizona bar filed the misconduct complaint that includes accusations of sexual harassment and working on a book during the area's trial Phoenix residents will soon pay more for trash pickup the city council has voted to hike the solid waste feet from the current twenty six dollars and eighty cents a month to thirty dollars fifty five cents starting in April the cost will then rise by two cents a year over the next couple of years and a NASA astronaut is adjusting well to life back on earth following almost a year at the international space station Christina cook told reporters in Houston today she feels great although it's taken some time to get her balance back including the physical act of walking now with a check of traffic.
Will you get more overtime pay in 2020?
"The holiday winding down. It's time to look ahead to the new year when more than a million American workers will become eligible for overtime pay on January. First the Labor Department's new salary threshold for overtime kicks in marketplace's Mitchell Hartman reports. The rules have been a longtime coming. Many workers are entitled to overtime pay when they work more than forty hours a week but salaried workers with managerial or professional responsibilities. Ladies can be required to work extra hours without extra pay says Heidi shareholders at the Economic Policy Institute so frontline supervisors of retail workers. Fast food workers they can still spend a lot of their time just working side by side with the workers that they manage and can be asked to work ten ten twenty thirty hours of overtime a week for no additional pay under the new salary threshold employers will have to pay overtime to any manager making less us than thirty five thousand five hundred sixty eight dollars a year. The Obama Administration would have raised that to about forty seven thousand. Five hundred workers will earn one point four billion dollars less per year under the trump rule. Just because there's fewer workers that are gonna get overtime protections. The trump administration plan will be easier to comply with says Employment Lawyer Ryan Glasgow at Hunting Andrews Kurth I mean I think for the most part most employers employers view this as a reasonable salary level employers have a few choices now they can raise manager salaries above the new threshold. Sold or track those managers hours and pay overtime which can be tricky for morale says. HR Attorney Shannon farmer at Ballard spahr particularly those people who do have more administrative or professional job and now they're being treated equivalent to an hourly worker. Those employees now paid by the hour. We'll have to track all their work time even when they do email at night or on weekends as the job never really ends in digital age. I'm Mitchell Hartman. For
"ballard spahr" Discussed on Consumer Finance Monitor
"In finance Under house where we explore important new developments in the world of consumer financial services and what they need for Your Business Graham I'm the chair of the Consumer Financial Services Group at Ballard SPAHR for those of you want even more information about various consumer finance hobbits don't forget about our block consumer finance monitor dot com which shares same name as our podcast program we'd been doing our block since two thousand eleven and there's a lot of content there we also regularly sweb on subjects of interest to those of us in the industry so just subscribe to our blog or to get on the list for our webinars this visit our website Ballard spahr dot com if you like our podcast let us know about it leave us a review on apple podcast Google play or wherever you get your podcasts while I'm very pleased to be joined today by our special guests Paul Watkins Who's director of the CFP Office of innovation the topic today is this CFP B.'s.
"ballard spahr" Discussed on Consumer Finance Monitor
"Welcome to the consumer finance monitor your pockets were we explorer important new developments in the world of consumer finance and what they mean for. Your Business Your customers and the industry. I'm your host today. Allen compliancy. I'm the chair of the Consumer Financial Services Group at Ballard SPAHR and I'll be moderating today's podcast for those of you who want even more information. Don't forget about our block consumer. FINANCE IS MONITOR DOT COM shares the same name as our podcast show. We've been doing our blog since two thousand eleven. There's a lot of content there they are we also regularly host webinars on subjects of interest including the subjects that we're going to be talking about today. so make sure you subscribe to our blog. Make sure you get on our list for Webinars by visiting US at Ballard SPAHR DOT COM and and if you like our podcast please let us know about it. Leave us a review on apple podcast. Google play or wherever you get your podcast programming. I'm very pleased to have as my guests today my partner Kemp Fan Kim uh-huh works out of our DC office and she's a member of our privacy and data security group and our consumer Financial Services Mrs Group..
"ballard spahr" Discussed on Consumer Finance Monitor
"In. Welcome to the consumer finance monitor podcast where we explore important new developments in the world of consumer financial services and what they mean for your business your customers, and the industry in general. I'm your host Stephanie Jackman. And I'm a partner in the Atlanta office of Ballard Spahr, I'll be moderating. Today's program for those of you who want even more information. Don't forget about our blog consumer finance monitor dot com. We've been doing that log since two thousand eleven so there's a lot of industry specific content. There we also regularly host, webinars and subjects of interest to those of us in the industry. So to subscribe to our blog, or to get on the list for our webinars visit us at Ballard Spahr dot com. And if you like our podcast, please let us now, leave us a review on tunes Google play, or wherever you get your podcast today. I'm joined by my colleague, Chris Willis, who is also a partner in the Atlanta office of Ballard Spahr with me today. We. We will be discussing the may seventh twenty nineteen notice of proposed rulemaking issued by the CFP and what it means for our I party creditor and collection clients. So let's start Chris, you. And I have been talking about a number of different avenues for application of the NPR AM to first parties, and that's been in response to a number of our creditor clients in their first party collection partners. Asking us do we have to worry about this? Why don't you kick us off by sharing some of the thoughts, we have on why they do need to be focused on this issue? Yes. Sure. Because it's not immediately evident from reading the rule. Because the rule is very specific and saying that it only applies to persons, who constitute debt collectors onto the fare collection Practices Act which excludes creditors..
"ballard spahr" Discussed on KCRW
"Of California, grilled the director on enforcement of fair lending regulations. You believe that it has been weakened, and that it needs to be restored. I believe that it has indeed been strengthened. Chairwoman with you believe that it needs to doing restored the tone in the Senate hearings should be less tents. According to Chris Willis with the law firm Ballard Spahr, which represents banks. He says that's because Republicans ran the Senate committee, and they believe payday lending is already regulated enough and that it's important to not just extinguish an entire industry based on the sentiments of consumer advocates, but there will be more tough questions for Cran injure, according to the university of Utah law. Professor Christopher Peterson Democrats on the committee that are running for president are going to be very skeptical of her consumer protection track record, one of those senators is Elizabeth Warren of Massachusetts who proposed the CFP be in the first place. I'm Renata say go for marketplace. Checking markets footsie in London is up a tenth percent. Dow s&p NASDAQ futures are mixed at the moment if you use powerful reading glasses or maybe a photographer's magnifying loop. You might just be able to discern a bit of flexible. Ability in an overnight European Union offer concerning the UK's departure the deadline for something is two weeks from this Friday, the British parliament will consider this subtle e you moved today possibly the first of several crucial votes on British exit this week. I knew on on BBC marketplace in London is following this for us. Hi anew. Hi, david. So British organizations and businesses were feeling things were deeply uncertain when they went to bed last night, given new developments is there any new sense of a path forward. No, not really her vote to to get this withdrawal deal through still expected to fail. We have a vote tomorrow to take no deal off the table. So, you know, the basic parameters nothing's really changed to take no deal off the table. In other words, do you wanna know deal crash or Brexit parliament my vote on that? And then come Thursday there. What might be a vote to delay Brexit? Well, what other option? Is there right? The only likely path forward is MRs may going back to the EU with parliament giving her this mandate on Thursday and saying we need a substantial delayed now if one is running an organization a business having to make plans more than three weeks from now this is a difficult situation. The only good news. I've heard from all of this is that those with warehouse spaces is doing really well 'cause everybody stockpiling supplies, but a delay would at least mean that there's not going to be any significant disruptive changes. There certainly seems to be strong appetite within parliament to avoid that my colleague anew on in London. Thank you so much. Thanks,.
"ballard spahr" Discussed on KQED Radio
"Last week things got heated chairwoman, Maxine Waters of California, grilled the director on enforcement affair lending regulations. He believed that it has been weakened. And that it needs to be restored. Either. Believe that it has indeed been strengthened chairwoman with you believe that it needs to be restored the tone in the Senate hearings should be less tense. According to Creswell is with the law firm Ballard Spahr, which represents banks. He says that's because Republicans ran the Senate committee, and they believe payday lending is already regulated enough and that it's important to not just extinguishing an entire industry based on the sentiments of consumer advocates, but there will be more tough questions for Cran injure, according to the university of Utah law. Professor Christopher Peterson Democrats on the committee that are running for president are going to be very skeptical of her consumer protection track record, one of those senators is Elizabeth Warren of Massachusetts who proposed the CFP be in the first place. I'm Renata say go for marketplace. Checking markets footsie in London is up a tenth percent. Dow s&p NASDAQ futures are mixed at the moment if you use powerful reading glasses or maybe if otographer magnifying loop you might. Just be able to discern a bit of flexibility in an overnight. European Union offer concerning the UK's departure the deadline for something is two weeks from this Friday, the British parliament will consider this subtle e you moved today possibly the first of several crucial votes on British exit this week anew on onto BBC marketplace in London is following this for us. Hi, hi, David. So British organizations businesses were feeling things were deeply uncertain when they went to bed last night giving new developments is there any new sense of a path forward. No, not really her vote to to get. This withdrawal deal through is still expected to fail. We have a vote tomorrow to take no deal off the table. So, you know, the the basic parameters nothing's really changed to take no deal off the table. In other words, do you wanna know deal crash out Brexit parliament, my vote on that? And then come Thursday there. What might be vote to delay? Way brexit. Well, what other option is there? Right. The only likely path forward is MRs may going back to the EU parliament giving her this mandate on Thursday and saying we need a substantial delay. Now. If one is running an organization a business having to make plans more than three weeks from now, this is a difficult situation. The only good news. I've heard from all of this is that those with warehouse spaces are doing really well 'cause everybody's stockpiling supplies. But a delay would at least mean that there's not going to be any significant disruptive changes. There certainly seems to be a strong appetite within parliament to avoid that my colleague anew on in London. Thank you so much. Thanks,.
"ballard spahr" Discussed on The Majority Report with Sam Seder
"Thanks so much for your your participation this year, really pre shit the way they treated Whitey Bolger with screws. He got killed in a federal prison after he did so much so much good so much good. Oh, so unfair calling from a to six seven area code who's this where you calling from. Emin are appoints. I was just going to say that my washer and dryer. They're going on what Lee, and my dishwasher, isn't refuses to work and my smart day. It's just singing solidarity forever. The whole of day. Nice. I don't get it. That's a joke about the. I w also known as the wobbles very radical union with a long history that you can learn about on recent episode of the Fatah crossover with plug Erica. Hey, sean. How's it going? All right from Philadelphia. I appreciate it. Thanks, jamie. I just wanted to call them kind of a little bit of update on in Philly regional politics. The first one about that's more such as federally is on net neutrality. I think it's the case that the opportunity to. Use this the congressional review act to reverse the FCC not neutrality rollback. I think that window expires today. And there was a gap of like thirty seven votes that were needed. Yeah. And so Mary Scanlon who was just elected to. P v. The in the redistricting is had some pressure put on her by net neutrality activists because she was wouldn't sign onto it. It was one of these seventeen Dem's who wouldn't who had taken money from I ac- and wouldn't sign onto it. Very just about Mary skin when she has these good progressive feed as on on paper. But she's an interesting example of. How integrated people who work in the public interest, especially in the legal community are with the business community, and how that makes some more systemic change is much more difficult. So Mary gay Scanlon. Her husband is Mark Stewart. Who's the chair of a firm called Ballard Spahr and Ballard Spahr did a lot of work for a lot of work for Comcast rant front gate. Do let's do just let's do the broad strokes. Because it's the final day twenty eighteen and to get into the sort of the the granular aspects of this, but broad strokes. I think you are not interesting when she she responded to pressure. She responded to pressure, and she said she would sign onto it. But of course, it's kind of meaningless gesture because or her response means nothing, right. Then even it's, you know, it's. Something to watch out for for Mary Scanlon, and it's just funny 'cause like both of those buildings right by me. So it lasts the other the other things crasner and the Philly workweek just the Philly work week. I got pass fair workweek got passed by city council and Philadelphia. So it's a fifteen dollars minimum wage and predictable scheduling for certain classes of employees, mostly in service work. That's makes Philadelphia. I think that like the second large city in the nation to have that. Sweet. And then last crap krizner. Interesting thing crasner right now is at some odds with kind of from within. Because apparently there are even though this ice contract was no longer renewed. They're still people kind of within the police department, of course, still voluntarily sharing. Wet unbelievable. So so thar, and you know. Yeah. Other things too like the other sort of pressure on him is that you know. Philadelphia's crime rate is up sixteen percent from last year. Sorry, murdering, you know, much of that is attributed apparently to Kensington north Philadelphia where there's basically in open air drug market. And.
"ballard spahr" Discussed on Opening Arguments
"The CEO secretly embezzles millions of dollars. I this is detrimental to the interest is going to hurt us as a company and saying, oh, you know. And also, we were maybe going to get you paid back from Trump that that that gets you to zero. But that doesn't okay. So to me, though, is that the part where you said like they negotiate a higher price. So I mean, couldn't you say that the National Enquirer kind of turning a profit on these stories by billing more than they know because they didn't Bill more for the magazine, they paid more out thinker higher than usual expenses. And they might be returned to zero by the way, they they were not right. That agreement was torn up. That's all. Anything? It's more. You're saying it's worse for the national choir. To the benefit of okay writers. And so an example of how so that look it doesn't have to be directly. It the test is the actor the agent acting on behalf of the corporation must have intended to benefit the corporation in some way, it can be a hybrid set of motives, right? So for example, there was a again in the same case. The the scheme that the officer used in that case was basically using the corporation to launder money, and then there were fraudulently obtained medical devices that were then result, right? And so the corporation illegally obtained all of this surplus stuff, and then sold it for the benefit of the corporation, the corporation made a profit out of it. Those so far we do not have the allegations that explain how the National Enquirer would benefit from Donald Trump being president of the United States. I suspect those documents are out there. And the reason that I suspect that those documents are out there is because the national enquirers council is Ballard Spahr a national firm. The firm for which in I'm not trying to namedrop like, I guess I need to disclose this for potential conflict of interest. I clerked for Ballard spars Baltimore office. My one L year in law school might my first year in law school. I worked for them over the way, you're just still for Ballard's Imus show for about the the lawyers who are representing the company here. They represent AM. I are impeccable lawyers. Right. The lead counsel is Charlie Stillman. I met him during that summer. He's like a hundred years old. And I I mean that non he began practicing in nineteen sixty to write these these. Hundred that the lawyer carrying the laboring or is Jim Mitchell, he is an expert in white collar corporate criminal defense that is defending corporations who have been indicted. You don't plea to full cooperation on the terms of this agreement if in your estimate as Jim Mitchell, your company faces virtually no chance of wow, without he looked at it at some point and said, I mean, that's what a plea deal is you've got to have a carrot and a stick. And and so at some point he must have concluded that that there is a real stickier. So this is what I want our friends in the media to to try and find out to ask the question and do some investigative reporting day, I'm going to try and do this as well and figure out right? How the National Enquirer would have benefited from Donald. Trump becoming president and not just pecker personally because that's the test. And so what what are you magin that could because it sounds like you're building you're building a strong case for like there is something here. Otherwise, these esteemed hundred-year-old, lawyers who know what they're doing never would have agreed to this. So what could that look like some agreement? Like, okay, I'll feed you some stories. I'll give you some some benefits. Yeah. So it has to be some benefit to the National Enquirer. That's that's any of that. Right. Any kind of quid pro quo promise coming back from the Trump campaign to the National Enquirer would satisfy this test and would also be a smoking gun. Right. It would be it would be depending on on what it is..
"ballard spahr" Discussed on KQED Radio
"Back and Obama era rule that made union organizing a little bit easier. It's called the joint employer rule, then it let workers at franchises and temp agencies and subcontractors bring the big companies at the top of their supply chains into their labor disputes. So you might have seen a big fast food chain be accused of blocking worker rights at one of its franchises. For instance. Now, though, the FBI has changed its mind publishing a new joint employer rule that's more favorable to those big parent companies and the smaller companies that work form marketplace's Mitchell Hartman reports the NLRB's proposed new rule would limit a big company at the top of the food chain from being held responsible for labor problems or having to bargain with union organizers at a franchisor staffing agency employers are reading a sigh of relief, Stephen soft that law firm Ballard Spahr represents employers in disputes over subcontracted workers many. Employers use labor suppliers to provide excess manpower at times of high demand. He says it raises the employer's liability if they are on the line for labor suppliers violations. Ray Keating at the small business and entrepreneurship council says the current Obama era rule has suppressed startup activity. How many big businesses, for example, that franchise are going to continue franchising where they can get dragged into all sorts of labor disputes liberals and organized labor back. The more expansive joint employer rule. They point out this kind of arms length employment is on the rise and often comes with low wages and benefits. Kathy ruckus houses with the national employment law project, it's gonna be much easier for companies to hide behind their subcontractors their staffing and temp agencies. And they're gonna be able to say, it's not my problem. She says those labor contractors often don't have the capital or legal coverage to d. Deal with demands for better, pay and working conditions. There's now a.
"ballard spahr" Discussed on WNYC 93.9 FM
"The National Labor Relations board the NFL are beef those in the know made it official today. It's going to roll an Obama era rule that made union organizing a little bit easier. It's called the joint employer rule and let workers at franchises and temp agencies and subcontractors bring the big companies at the top of their supply chains into their labor disputes. So you might have seen a big fast food chain be accused of blocking worker rights at one of its franchise. For instance, now, though, the NLRB has changed its mind publishing a new joint employer rule that's more favorable to those big parent companies and the smaller companies that work for him. Marketplace's Mitchell Hartman reports the NLRB's proposed new rule would limit a big company at the top of the food chain from being held responsible for labor problems or having to bargain with union organizers at a franchisor staffing agency employers are reading a sigh of relief, Stephen softness that law firm Ballard Spahr represents employers in disputes over subcontracted workers many. Employers use labor suppliers to provide excess manpower at times of high demand. He says it raises the employer's liability if they're on the line for labor suppliers violations. Rick heating at the small business and entrepreneurship council says the current Obama era rule has suppressed startup activity. How many big businesses, for example, that franchise are going to continue franchising where they can get dragged into all sorts of labor disputes liberals and organized labor back. The more expansive joint employer rule. They point out this kind of arms length employment is on the rise and often comes with low wages and benefits. Kathy ruckus houses with the national employment law project, it's going to be much easier for companies to hide behind their subcontractors their staffing and temp agencies. And they're gonna be able to say, it's not my problem. She says those labor contractors often don't have the capital or legal coverage to d. Deal with demands for better, pay and working conditions. There's now a sixty day public comment.
NLRB to publish joint-employer rule change tomorrow
"Board the NFL are beef those in the know made it official today. It's going to roll an Obama era rule that made union organizing a little bit easier. It's called the joint employer rule and let workers at franchises and temp agencies and subcontractors bring the big companies at the top of their supply chains into their labor disputes. So you might have seen a big fast food chain be accused of blocking worker rights at one of its franchise. For instance, now, though, the NLRB has changed its mind publishing a new joint employer rule that's more favorable to those big parent companies and the smaller companies that work for him. Marketplace's Mitchell Hartman reports the NLRB's proposed new rule would limit a big company at the top of the food chain from being held responsible for labor problems or having to bargain with union organizers at a franchisor staffing agency employers are reading a sigh of relief, Stephen softness that law firm Ballard Spahr represents employers in disputes over subcontracted workers many. Employers use labor suppliers to provide excess manpower at times of high demand. He says it raises the employer's liability if they're on the line for labor suppliers violations. Rick heating at the small business and entrepreneurship council says the current Obama era rule has suppressed startup activity. How many big businesses, for example, that franchise are going to continue franchising where they can get dragged into all sorts of labor disputes liberals and organized labor back. The more expansive joint employer rule. They point out this kind of arms length employment is on the rise and often comes with low wages and benefits. Kathy ruckus houses with the national employment law project, it's going to be much easier for companies to hide behind their subcontractors their staffing and temp agencies. And they're gonna be able to say, it's not my problem. She says those labor contractors often don't have the capital or legal coverage to d. Deal with demands for better, pay and working conditions. There's now a sixty day public comment
"ballard spahr" Discussed on WNYC 93.9 FM
"In Los. Angeles I'm Carl Rozelle it is day. Today the twenty first of August good, as always to have your long everybody yes, politics I get it I follow. A, two big stories today. But believe me when I tell you that it's, the economic news of this Tuesday that is gonna be with us, for a while there is trade we'll get to that in a bid we're gonna. Do interest rates as well but we begin with the American. Regulatory economy the Environmental Protection Agency released details Dave it's planned to relax Obama era rules about carbon emissions from power plants, coal fired power plants in particular President Trump ran to some degree and one on a promise to end. What he calls the war on coal and these rules proposed today are long way from, taking effect but market forces are going to, get? A, vote marketplace's. Jed, Kim gets us going the coal industry disliked the clean power plan it introduced emission caps for states and would have pushed them towards greener sources of. Energy several states. Sued the plan number went into, effect still the. Threat was there breading Collins is an environmental. Litigator, for. The law firm. Ballard Spahr he clean power plan did, impose some burden on coal fired power plants that would have made them less economically competitive and therefore more likely to close so since. The new plan. Would strip away many of the major. Requirements for coal plants it'd be a, new dawn for the industry right no probably, not Ethan Zindler is with Bloomberg. Any, f- he says regulations. Have not been the real threat to call the, single, biggest factor that is leaving To the demise of coal power in the United States is cheap gas number one followed by cheaper Ables Zindler says natural gas prices would double in order. For coal to be competitive but while market forces. Have proven, more powerful in driving. Down calls use regulations could help keep it. Around Dan Lashof it's with the world Resources Institute he says the administration is considering requiring. Some coal plans to keep running for national security. Reasons they're making a number of. Different moves to actually attempt to override market forces in order. To slow down the, phase out of coal fired power in the United States the EPA proposals still face a long process before they're approved environmental groups. Have already promised to sue to keep them from taking effect I'm jed Kim for marketplace, we're going to double back to the end, of? The, program yesterday. Here, for a second that thing I mentioned about President Trump saying he is not thrilled with fed chairman j pal and raising interest rates This incumbent like most other presidents perhaps more actually given his real estate background likes money to. Be cheap the, wheels for businesses getting greased and, all that and that's the way it's been in this economy for. A very long time low interest rates but as marketplace's Mitchell Hartman, reports there are some costly downsides to keeping interest. Rates too low for too long. No matter what the president believes the economy's growth over the last decade has been fueled in. Large part by cheap money thanks to the feds super low interest rate policy that's just the kind of economy the president as businessman has thrived in says swarthmore college. Economist Mark kuperberg Donald Trump has the mindset of a real. Estate developer that you can't have too big a boom but standard macroeconomics. Says no you could have. Too big a boom and that's the risk posed by low interest rates going forward says George Rusnak at the Wells Fargo investment institute the economy running too hot and that, would be negative for everybody negative Consequence, number one inflation can pick up it doesn't matter how fast growing the. Cost of things grow faster too easy money allows. People to invest more aggressively secretely to investments speculation in bubbles like the housing, bubble burst and, brought on the great recession low, interest rates have another downside savings accounts don't pay a very good return that, hurts retirees especially and cheap money has also encouraged risky behavior in an entire generation of working age consumers says Bernie bowel. Mall at the economic, outlook group they don't really. Mind borrowing money using up their. Credit card and in fact household debt is, at a record, high level, primarily because the cost of borrowing has been so cheap I'm all says we have to break the, cheap money habit so, we, can be prepared for tougher economic times. To come and he says the fed needs to. Raise interest rates now so it can be ready to lower, them again when the next, recession rolls around I'm Mitchell Hartman for marketplace On Wall Street today on the, eve of marking the longest bull market ever. Traders, were bullish we'll have the details, when we do the numbers Spirit thought.
"ballard spahr" Discussed on Marketplace All-in-One
"In Los Angeles. I'm KAI Ryssdal. It is Tuesday today to twenty first of August. Good as always to have you along everybody. Yes, politics. I get it. I follow it too big stories today, but believe me when I tell you that it's the economic news of this Tuesday that is going to be with us for a while. There is trade. We'll get to that in a bid. We're gonna do interest rates as well, but we begin with the American regulatory economy, the Environmental Protection Agency released details today of its plan to relax. Obama era rules about carbon emissions from power plants, coal, fired power plants in particular President Trump ran to some degree and one on a promise to end what he calls the war on coal and these rules proposed today are long way from taking effect, but market forces are going to get a vote. Marketplace's jed, Kim gets us going. The coal industry disliked the clean power plan. It introduced emission caps for states and would have pushed them towards greener sources of energy. Several states sued the plan, never went into effect. Still the threat. Was there Brennan Collins. Is an environmental litigator for the law firm Ballard Spahr. He clean power plan, did impose some burden on coal fired power plants that would have made them less economically competitive and therefore more likely to close. So since the new plan would strip away many of the major requirements for coal plants, it'd be a new dawn for the industry, right? No, probably not. Ethan, Zindler is with Bloomberg any f- he says regulations have not been the real threat to call the single biggest factor that is leading to the demise of coal power in the United States is cheap. Gas number one, followed by cheaper durables. Zindler says, natural gas prices would have to double in order for coal to be competitive. But while market forces have proven more powerful in driving down, Kohl's use regulations could help keep it around Dan Lashof..
"ballard spahr" Discussed on KQED Radio
"Informed learn more at Ballard Spahr dot com This is morning edition from NPR. News I'm David green and, I'm no well king good morning President Trump has invited Russia's President Putin to come to Washington this fall to continue the. Talks they started in Helsinki this week it's another sign of Trump's efforts to build closer. Ties with Moscow even, though he insists his administration has taken a. Hard line toward Russia is never been, at president as stuff on Russia as I have been NPR's Scott Horsely reports on the administration's. Track record in dealing with Russia and how it sometimes conflicts with the president's own, rhetoric Trump's claim, that he's the toughest president ever when it comes to Russia's sounds like hyperbole but, in this case there's actually some basis for, the president's boast Daniel vita of the. Atlantic Council says when it comes to dealing with Moscow Trump is light years away from his predecessor Barack Obama when you actually, look at the substance of what this administration is not the rhetoric but, the substance this administration, has been much Talker on. Raw than any in the post Cold War era take military spending bite it's not Trump's sought. To add one point four billion. Dollars this year to the European reassurance initiative a military effort to. Deter Russian aggression that's a forty one percent increase from the last year of the Obama administration the president also agreed to. Send lethal weapons to Ukraine, a step that Obama resisted and Trump gave us forces in Syria more leeway to engage with Russian troops those loosened rules. Of engagement resulted in direct military clashes with with Russian militants and mercenaries on the ground. Actually result they can, one incident in hundreds of casualties on the. Russian side the administration has also imposed, sanctions on dozens of Russian oligarchs and government officials and Trump has aggressively promoted US energy exports. Although Ed Chow the center for strategic and international studies says so far that hasn't, created much competition, for Russia's oil and gas Russian gas, sales to Europe last year we're at record levels Russians will always have a, CASA vanish and if. They want to protect market share all they, have to do is to lower the price and whatever, tough policies the White House may have. Adopted towards Moscow have to be weighed against Trump's rhetoric which is consistently friendly. To Putin for example Trump suggested inviting Russia to rejoin. The g. seven seat Moscow lost after it's illegal annexation of Crimea, there's a real disconnect between the president's. Words and the underlying policy Richard Fontaine is president of the center for a new American security while Trump has no, qualms about criticizing leaders of allied countries like Angela Merkel Justin Trudeau. Or Theresa May Fontaine's as the president almost always treats Putin with kid gloves a president very rarely speaks about Putin's transgressions. And when asked about him often expresses the hope that everyone can get along if we could develop a relationship which is good The for Russia. Good for us good for everybody will be great this is Trump last week during, a news conference with UK prime. Minister may, he recalled how may asked him earlier this year to expel Russian intelligence agents to punish Moscow for. The suspected poisoning of an ex by we expelled how many people. Sixty and Germany did three the Washington Post says Trump was irritated. That the US seemed to be taking stronger actions against Moscow then the Europeans. Were the president also reportedly was reluctant to send those lethal weapons to Ukraine arguing again. That Europe should take the lead however grudging. Trump's moves against Moscow might have been though his defenders say the actions speak. For themselves Scott Horsely NPR news the White House And it's time for story core it was the summer of nineteen Ninety-four and brandy guests was fourteen years old she just started dating her crush seventeen-year-old DeMarco carpenter but before they had their first kiss. DeMarco was arrested for, a murder he did not commit in Tulsa Oklahoma he was exonerated twenty two. Years later at story core he and brandy of remembered what I drew them to each other. You always, made me laugh you always made. Me, smile always wanted to be around we just hung out sitting on a porch talking is that, alert me, to you, they just dance Seemed. Like we got close and then I was arrested. I had no doubt that you would be coming home I knew it. Was just a big misunderstanding I got. Found guilty for murder I ended up receiving a life. Sentence plus a hundred and seventy years and I remember you being..