BBY demise hastened by Firestone investment – Sydney Morning Herald

Ken Rosewall owned now defunct stockbroking firm BBY with his son, Glenn Rosewall. Photo: Jesse Marlow Liquidator KPMG’s report into BBY has unmasked the scale of compliance shortcomings and dubious practices at the failed stockbroking firm, noting that the firm’s investment in Firestone Energy was pivotal in denting its financial position and contributing to its demise.  BBY collapsed spectacularly in…

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Toshiba to book record loss, cut 5 percent of workforce this year – Reuters

Toshiba Corp said on Monday it would book a record net loss this year and cut around 5 percent of its workforce as the sprawling conglomerate, reeling from a $1.3 billion accounting scandal, focuses on chips and nuclear energy. But analysts question whether streamlining can return the 140-year-old Japanese bulwark to dominance considering falling profit…

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New service set up to help homeowners struggling with mortgage debt – Irish Examiner

The states Money Advice and Budgeting Service (MABS) has rolled out a new service to help homeowners struggling with mortgage debt. The new dedicated mortgage arrears service will include the provision of court mentors at repossession sittings right across the country. Operated by MABS, it will include a helpline operating 9am to 8pm from Monday…

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