May 22, 2017

05/22/2017: It’s not hard to get into Mar-a-Lago, if you’re a hacker

HTML EMBED:
COPY

With President Trump abroad this week, the business news agenda was set early this week by Ford. The American car maker announced over the weekend that CEO Mark Fields will be replaced by Jim Hackett, who most recently headed the company anonymous car division. We'll talk with executive chairman Bill Ford about it, plus we'll get some perspective from the Wall Street Journal's car critic. Then: Trump's clubs and resorts are exclusive and pricey, but if you're a hacker it's easy to get in and that could create a big national security problem. Plus, could you name the only bank in this country indicted for mortgage fraud after the financial crisis? You've probably never heard of them, because they weren't too big to fail.

Segments From this episode

Timber tariff cuts different ways in Canada, U.S.

May 22, 2017
New timber tariffs could save mills in the U.S., but at the cost of jobs in Canada
A worker at Pine Profiles, Inc. in Creston, B.C., one of the many businesses affected by tariffs on Canadian softwood lumber.
Nate Hegyi

Mar-a-Lago has cyber security weaknesses

May 22, 2017
A ProPublica and Gizmodo investigation found weak cyber security at Mar-a-Lago and other Trump properties.
The Trump helicopter is seen at the Mar-a-Lago Resort where President Donald Trump has hosted Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe.
Joe Raedle/Getty Images

Abacus: The only bank charged in the financial crisis

May 22, 2017
The film "Abacus: Small Enough to Jail" is the surprising saga of the Sung family.
(From left) Vera Sung, Jill Sung and Thomas Sung of Abacus Federal Savings Bank.
Sean Lyness

Does a new CEO really mean a new start for Ford?

Mark Fields is out, but is new CEO Jim Hackett the answer to transforming Ford?
"We need to move faster with great clarity so that everybody understands where we're going, our employees, our investors, and the public" said Bill Ford, Ford's executive chairman. Above, a picture of Ford and former CEO Mark Fields.
William Thomas Cain/Getty Images

Is it fair to ask people to work for government benefits?

by
May 22, 2017
The Trump administration will reveal a major budget proposal tomorrow. It is widely expected to include massive cuts to Medicaid – $800 billion worth over 10 years. States would also get more flexibility to impose work requirements, meaning people who receive government assistance – including Medicaid – would be required to work.  Is that a good […]

With President Trump abroad this week, the business news agenda was set early this week by Ford. The American car maker announced over the weekend that CEO Mark Fields will be replaced by Jim Hackett, who most recently headed the company anonymous car division. We’ll talk with executive chairman Bill Ford about it, plus we’ll get some perspective from the Wall Street Journal’s car critic. Then: Trump’s clubs and resorts are exclusive and pricey, but if you’re a hacker it’s easy to get in and that could create a big national security problem. Plus, could you name the only bank in this country indicted for mortgage fraud after the financial crisis? You’ve probably never heard of them, because they weren’t too big to fail.

Music from the episode

Alfa Beach Com Truise
Hanging Gardens Classixx
Gold Silver Diamond Generationals