Editors Note: On April 2-5, 2016, Ernesto Talvi participated in the Latin America Shadow Financial Regulatory Committee (CLAAF), held in Washington, D.C. The committee is composed of a group of prestigious independent Latin American economists, former policymakers, and academics with strong expertise in the field of macroeconomics, banking and finance and whose goal is to…
DetailsKLEENMAID had come to the attention of federal financial agencies up to three years before it collapsed, a court has heard. Former Kleenmaid directors Andrew Eric Young, 62, and Bradley Wendell Young, 44, BOTH CORRECT have pleaded not guilty at the Brisbane District Court to defrauding Westpac of a $13 million loan and 18 counts…
DetailsKLEENMAID had come to the attention of federal financial agencies up to three years before it collapsed, a court has heard. Former Kleenmaid directors Andrew Eric Young, 62, and Bradley Wendell Young, 44, BOTH CORRECT have pleaded not guilty at the Brisbane District Court to defrauding Westpac of a $13 million loan and 18 counts…
DetailsAlexandra Bosanac | April 6, 2016 It was an otherwise unremarkable day in mid-February when nascent computer scientist Evan Maynard received some tremendous news. In a meeting with his boss, Maynard, who will graduate from St. Marys University this spring, learned that the company where he had been working part-time for nearly a year wanted to help…
DetailsNot too long ago, I was a keynote speaker in an investment conference where I was asked to speak about how prepared the Philippine stock market was for the Association of Southeast Asian Nations (Asean) integration. As I was preparing my speech, I realized that our Congress has already done a lot in this area.…
DetailsApril 5, 2016 2:41 p.m. ET BERLINInternational Monetary Fund Managing Director Christine Lagarde said Tuesday the Washington-based lender is determined to help Greece but the country needs to implement substantial reforms to make this possible. Speaking at a joint news conference with German Chancellor Angela Merkel and other heads of the worlds leading economic organizations,…
DetailsThe signatures are barely legible, the mark of a man slowly sinking under enormous gambling debts. He made them out before he went on the run after murdering his childrens nanny. Lucan, ironically dubbed Lucky by friends because he barely ever won, signed the 11 cheques drawn on his account with Queens bankers Coutts &…
DetailsHaving banks and local governments deleverage and trim overcapacity are part and parcel with central government efforts to maintain stable growth by nurturing the supply side of the economy. But even as this is happening, the housing market has been flooded with new loans in recent months, exposing the economy to new risks. The central…
DetailsA federal grand jury indicted Diane Kroupa and Robert Fackler on charges of tax evasion, obstruction of a tax audit, conspiracy and making and subscribing false tax returns, the U.S. Attorney for the district of Minnesota said in a statement. As a former tax court judge, Kroupa dealt regularly with individuals who cheated on their…
DetailsConsumer Protection WA has taken legal action to stop Peter Kleinig from taking other peoples money and sending it to West African criminals which he refuses to believe a fraudsters. Picture: Consumer Protection WA THE case of a Western Australian man, who refused to believe he had fallen victim to an elaborate scam despite losing…
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