Boutique fund reboot is not working for AFL chairman Mike Fitzpatrick – The Sydney Morning Herald

It will be a few more weeks before Carlton legend Mike Fitzpatrick hangs up his boots as AFL chairman, but he doesn’t need to worry about things getting a little boring following his departure from the big game. The Fitzpatrick-chaired boutique investment disaster, Pacific Current Group (PAC), shows no signs of making peace with its…

Restructuring The Business Could Unlock Meaningful Value For Fujitsu – Seeking Alpha

As I wrote about Fujifilm (OTCPK:FUJIY) last week, that company is a relatively rare example of a Japanese conglomerate that has moved reasonably quickly to transform itself in response to changing market realities. If Fujifilm is the “after” picture, Fujitsu (OTCPK:FJTSY) is more like the “before” picture, as weak profitability in its manufactured products continues…

Cambodia arrests casino owner for kidnapping gambling debtors … – CalvinAyre.com

Cambodian authorities have detained four Chinese nationals accused of a kidnapping and extortion plot involving gamblers whod rung up debts at a local casino. On Monday, Cambodia Daily reported that National Military Police had arrested Ding Chunyaun, the owner of an unidentified casino in Poipet City, along with three accomplices for the kidnapping of three…

Corporate debt restructuring: Recast packages worth Rs 42000 crore under the mechanism failed in 2016 – The Indian Express

Written by George Mathew | Mumbai | Published:March 7, 2017 1:39 am The revival plans of banks to recover their funds stuck with stressed borrowers dont seem to be working with corporate debt restructuring (CDR) packages of 264 borrowers worth Rs 1,25,093 crore of loans failing and turning into bad assets. Of this as much…