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February 15, 2013

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Page8 POST-GAZETTE, FEBRUARY 15, 2013 MAR 11 I Dante Alighieri Society of Massachusetts, Cambridge JUN 41 Providence, "Pinocchio, Storia di un Burattino." Performed by Massimiliano Finazzer Flory. CAMBRIDGE & PROVIDENCE APR 5-6 I Shubert Theatre, Boston. Spellbound Contemporary Ballet performs "Lost of Words" and "Downshifting" as part of the Celebrity Series of Boston• BOSTON JUN 11 I Berklee College of Music, Boston. Concert by Enrico Rava and his Quintet. BOSTON JULY I Boston• "La Notte della Taranta." Part of the "Outside the Box" Festival. BOSTON JUL 27 I Tanglewood, Lenox "Requiem" by Giuseppe Verdi. Performed by he Boston Symphony Orchestra, Director Daniele Gatti. BOSTON & LENOX JUNE 7 ] Boston Public Library• italianissimo! A special night of Italian culture, music, fashion and food to raise funds for the creation of the Italian Cultural Center of Boston. BOSTON SPRING 2013 I University of Rhode Island and Dartmouth College, New Hampshire. "Preeminent Italian Female Authors" featuring Dacia Maraini (RI) and Clara Sereni (NH). PROVIDENCE, HANOVER MAY 9 [ Dante Alighieri Society of Massachusetts. "On the Road with Dante Alighieri." CAMBRIDGE OCT 2013 ] Center for European Studies, Harvard University. "Salvemini Colloquium" on Italian history and culture with Prof. Massimo Salvadori. CAMBRIDGE OCT ] 2013 Emmanuel College, Boston. "qhe Meaning of Machiavelli's Prince." Lecture by Prof. Maurizo Viroli (Princeton). BOSTON NOV 23 [ Brown University, Providence. International Prize: "Boccaccio Afterlife." In cooperation with the American Boccaccio Association (ABA) and the Town of Certaldo on the occasion of the 700 th anniversary of Giovanni Boccaccio. PROVIDENCE UNTIL JUL 14 I RISD Museum, Providence. Exhibition "The Festive City." PROVIDENCE JAN 18 - MAY 1 [ Museum of Fine Arts, Boston. "Capitoline Brutus." Loan from the Capitoline Museums in Rome. BOSTON MAR 5 I Boston. Save Venice Lecture Series: "Venice and its Biennale: Art Out of Time." BOSTON SPRING 2013 ] Providence. De Chirico Exhibition. PROVIDENCE APR 21 - JUN 30 [ Museum of Fine Arts, Boston. Exhibition "Michelangelo: Sacred and Profane Master Drawings from the Casa Buonarroti." BOSTON MAY 20 - JUN 28 I City Hall, Boston. "Looking for Hemingway." Exhibition by Franco Azzinari. BOSTON MAR 8 ] American Academy of Arts and Sciences, Cambridge. "Rita Levi Montalcini: The Woman, The Scientist." CAMBRIDGE APR 9 [ MIT, Cambridge. "Celebration in Honor of Franco Modigliani." Speakers: Robert Solow (Nobel Laureate) and Robert Merton (Nobel Laureate). CAMBRIDGE FALL 2013 I Harvard University, Cambridge. International Conference on "Galileo and Sunspots." Organized by Museo Galileo, Firenze Istituto Nazionale di Astrofisica, Harvard University. In cooperation with NASA: CAMBRIDGE OCT 2013 [ Boston. PIB Seminar Series: "Italian and American Policies on Biomedical Research." BOSTON B D I D00IGN MAY 7-8 [ City Hall, Boston. Exhibition: Barrique "The "Ihird Life for Wood." BOSTON JUN I MIT and Politecnico of Milan. Joint six-weeL course for Italian and U.S. students at the Design Department of the Politecnico of Milan• MILAN FEB 7 - APR 181 Walk Gallery School of Architecture and Planning, MIT, Cambridge. "UAquila, 2010." Exhibition of photographs by Michele Nastasi. During the exhibition on March 21 Conference "The Suspended City, Rebuilding UAquila After the Earthquake of 2009." CAMBRIDGE SEP - OCT ] Carpenter Center for the Visual Arts. Harvard University, Cambridge. "New Italian Cinema," in cooperation with Cinecitta' and Harvard Film Archive. CAMBRIDGE I J.VITA 'E SPEAKING Whistleblowers Do a Tremendous Service Choosing to come forward with evidence that an em- ployer or company has been committing fraud against the government is a brave and honorable act. Whistle- blowers play a pivotal role in the direction, investiga- tion and prosecution of fraud against the government. Ac- cording to Taxpayers Against Fraud, more than 80 percent of cases pursued under the False Claims Act are ini- tiated by whistleblowers. The False Claims Act also protects and reimburses whistleblowers for their courage and integrity in coming forward with evi- dence of corporate wrongdo- ing and/or fraudulent con- duct and for participating in the process of pursuing a False Claims Act case in court. Qui tam lawsuits can be brought against any orga- nization, even government entities, that violate a law or regulation. Pharmaceu- tical fraud has become the most common type of fraud pursued under the False Claims Act. A recent Public Citizens study graphically illustrates how pharmaceu- tical industry fraud against the government has reached epidemic proportions, "endan- ger[ing] public safety and rob[bing] the government of increasingly scarce state and federal resources." According to the new study, the worst offenders include some of the biggest companies -- GlaxoSmithKline, Pfizer and Eli Lilly, which have paid $14.8 billion in penalties stemming from 121 settle- ments between 2006 and 2010 alone. The study also found that former drug com- pany employees-turned- whistleblowers who filed qui tam actions were an essen- tial component in the larg- est number of federal settle- ments over the past ten years. Other common types of fraud are government health- care fraud, defense contrac- tor fraud and real property fraud. If you have seen or are aware of any potential fraudulent behavior or cor- porate wrongdoing that could be costing the government money, you have the right to expose it. No matter who you are, whether you are a high-ranking official within a company, an em- ployee or even a bystander who becomes aware of cor- porate misconduct or poten- tial fraud, it is extremely important that you seek knowledgeable representa- tion should you decide to through the process of a qui tam case. Filing a qui tam fraud lawsuit, such as against a pharmaceutical manufacturer, is compli- cated and requires legal pro- fessionals with experience in dealing with companies that perpetrate the fraud. Some people like to imply or actually say that the whistleblower is just in it for the money. What is vir- tually unknown by the pub- lic and even by jurors hear- ing a case is that the whistle- blowers themselves often suffer because they reported corporate wfingdoing. That's why each whistleblower must be protected from re- taliation after they report wrongdoing by employers. Unfortunately, that hasn't always been the case. The role of corporate whistle- blowers is too important to allow them to be hurt be- cause of the decision to re- port wrongdoing. Here is a reprint of what happened to Dr. Eric Ben-Artzi, a former employee of Deutsche Bank. Dr. Eric Ben-Artzi has been talking to the Securities and Exchange Commission and has blown the whistle on alleged multi-billion dol- lar securities violations at Deutsche Bank, the Ger- many-based global invest- ment bank. Dr. Ben-Artzi, a former quantitative risk analyst at Deutsche Bank, first reported the violations internally in accordance with bank policies and proce- dures. Apparently, he got nowhere even though his reporting was extensive. Since the problem was neither acknowledged nor corrected, Dr. Ben-Artzi informed the proper law enforcement authorities. Apparently, the man and his family are now "paying a heavy price for doing the right thing," and that's most unfortunate. Dr. Ben-Artzi discovered and internally reported pos- sible securities violations stemming from Deutsche Bank's failure to accurately report the value of its credit derivatives portfolio. The bank, according to Dr. Ben- Artzi, failed to properly value the gap option component in its portfolio of Leveraged Super Senior (LSS) tranches of credit derivatives. The gap option is the difference between the collateral paid by the LSS note buyer and the mark-to-market ex- pected loss that the LSS note seller agreed to cover. With a $120-$130 billion portfolio in national value, Deutsche Bank was the larg- est holder of LSS trades in the marketplace. By not accurately valuing the LSS portfolio, the bank was able to maintain its carefully crafted public image that it was weathering the finan- cial crisis better than its peers-many of which re- quired financial assistance from the government and experienced significant de- terioration in their stock prices. Even using conserva- tive assumptions, if the LSS portfolio had been properly valued, the bank would have substantially missed its earnings estimates. Troubled by the bank's unwillingness to acknowl- edge and appropriately ad- dress this significant valu- ation problem, Dr. Ben-Artzi sought legal representation and then reportedthe (Continued on Page 15) LUCIA RISTORANTE & BAR Traditional Italian Cuisine 415 Hanover Street, Boston 617.367.2353 11 MountVernon Street, Winchester 781.729.0515 function 00oorns for, ant I Occasion Ch00i,t00°00.q • Skow0000 • B00Lq Show0000 Donato Frattaroli donato @ J