On March 16th, an agreement went down the tubes. Can this one last? Article
Maybe a Cyprus Bailout Settlement?
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Is Silicon Valley Still A Boys’ Club?
Just as the technology industry’s glass ceiling is being shattered by high-profile executives like Sheryl Sandberg at Facebook and Yahoo’s Marissa Meyer, Silicon Valley is showing signs it’s still a boys club. Article
Christine Lagarde is the first woman ever to lead the International Monetary Fund
‘I will not pretend that I am a man’: A week in the company of Christine Lagarde, the first female head of the IMF
This week her flat in Paris was raided by police looking for evidence in an investigation into corruption. She said she was happy for them to search for evidence to clear her name. Or something equally as facile…article
Women Warriors Rise up to Fight Naked
Known for its topless protesters, Femen is a worldwide movement against patriarchy. But are the activists’ breasts obscuring the message? Article
Women’s World Banking Honors High Standards for Client Relations
Transparency is high on the list. Best practices include:
- Placing Customer Care Representatives in 220 branches.
- Developing a Comprehensive Fair Practices Code (CoC) to include standards recommended by the Reserve Bank of India, MFIN & the Smart Campaign.
- Displaying Fair Practice Code posters prominently in all branches.
- Revising loan agreements, customer training leaflets & other communications to include transparency standards.
- Implementing programs to educate staff and customers on the Fair Practices Code and Grievance Redressal Process.
- Distributing “Flip Cards” to all customers, which include complaint resolution procedures and customer Do’s & Don’ts. Article
FOLLOW THE MONEY:
IS CANADA MAKING PROGRESS IN COMBATTING MONEY LAUNDERING AND TERRORIST FINANCING? NOT REALLY
According to the United Nations, money laundering is “any act or attempted act to disguise the source of money or assets derived from criminal activity.” The annual value of global money laundering is estimated to be between US$800 billion and US$2 trillion, while money laundering in Canada in 2011 was estimated to be between $5 billion and $15 billion.
The Standing Senate Committee on Banking, Trade and Commerce (the Committee) began a five-year statutory review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act in February 2012. In addition to written briefs from those unable to appear in person, the Committee heard from more than 40 witnesses, including representatives from federal, provincial and international departments and agencies, as well as the private sector….Report of the Standing Senate Committee on Banking, Trade and Commerce
Female CEO says, ‘Marry an older, successful man.’
The CEO of Xerox, Ursula Burns…….
Her first piece of advice is to marry an older, successful man. That way, she says, he will retire and take care of the children while you can focus on your career.
Perhaps this was meant as a joke, but outraged working women everywhere are not taking it that way….article
India’s Sonia Ghandi: Tough Politician, Weak on Corruption
The Economist write: “on many subjects Mrs Gandhi disappoints. She should offer stronger leadership after a rush of horrible cases of violent rape, murder and other abuse of women. On tackling endemic corruption, which requires new ways of financing parties, she is silent. She has even failed to distance herself from her businessman son-in-law, Robert Vadra, who did unusually well from property deals in Haryana. Article
FBI Fears Bitcoin’s Popularity with Criminals
A internal report from the FBI expresses some concern that the digital payment system Bitcoin will help criminals hide from authorities ..Report: DOJ_FBI_Bitcoin
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