global leader in Recovery Audit and Spend Analytics services


global leader in Recovery Audit and Spend Analytics services, today announced that Jim Fisher has been named Chief Information Officer, responsible for overseeing all aspects of the IT and Shared Services functions. Prior to joining the Company, Mr. Fisher served as Senior Vice President of Target Technical Services for Target Corporation, responsible for architecture, platform engineering, networking, data center and field operations. Before Target, Mr. Fisher served as Senior Vice President of Global Infrastructure Operations at First Data Corporation, and prior to that he was Vice President of Enterprise Infrastructure Services & Field Operations at The Home Depot.  From 1995 through 2003, Mr. Fisher served as Senior Vice President of Technology & Field Services for Federated Systems Group, a division of Macy’s, Inc., and prior to that he served in various roles at IBM Global…

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What we find even more amazing is that despite their growing

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What we find even more amazing is that despite their growing lack of faith in their models (models that the FT describes as fiendishly complicated), some central bankers still believe that forward guidance (aka simple jawboning) is an effective policy tool even when they are worried that their fiendishly complicated models are not up to scratch. Let’s just say we’re sceptical on this front. In fact, we’re pretty sceptical whenever a central banker speaks nowadays, as they are often self-serving, duplicitous and completely ignorant of the unintended consequences which we truly believe are yet to be seen from their audacious monetary policy experiments of the last decade. A number of central bankers were either speaking publicly or being interviewed by the media in Washington. Outgoing Fed vice chair Fischer said the US has room for more investment and consumption. Dallas Fed president Kaplan said that business activity was strong and the consumer was in good shape. St Louis Fed presi...
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