HSBC Holdings Plc has agreed to pay $1.92 billion to settle a multi-year U.S. criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank…article
Thanks to one of our readers. We received this flowchart The Double Standard of the US Criminal Justice System. All links in the flowchart are click able. What do you think about ?
Despite the decline in the U.S. economy and its enormous national debt, the world’s current superpower will retain its status. However, the Chinese economy will surpass the U.S. and the Asian continent will overtake both North America and Europe in global power. Other countries, though, are foreseen to become major players: Colombia, India, Nigeria and Turkey. Article
President Susilo Bambang Yudhoyono said on Monday that many state officials could be charged with corruption even though they had not intended to commit corruption. Yudhoyono said the “unclear distinction” between bureaucratic dos and don’ts could make officials hesitant in making immediate decisions or lead to them being charged with corruption. Article
have ‘distinct advantage’ over men when applying for board jobs
Women with a finance background are at a distinct advantage over men when applying for board roles, a new Cranfield report looking at women on boards reveals…article
Germany’s director at the European Central Bank has thrown his weight behind mass purchases of Spanish and Italian debt to prevent the disintegration of the euro, marking a crucial turning point in the eurozone debt crisis. Article
Armed with weighing scales, magnifying glasses and rucksacks stuffed with cash, the Venezuelan traders stop at many of the myriad illegal mines that line the water and scar the jungle. One buyer admitted he would never turn down a good diamond, regardless of dubious origins. “If I think it’s a good diamond I’m going to buy it,” he said, asking that his name not be used. “I’m a businessman.” Article
As the president and Congress battle it out over their plans to avoid the fiscal cliff,
the deadline for making a decision gets closer and closer..article
Greece is set to purchase back about half of its debt owned by private
investors, broadly succeeding in a bond buyback that is key to the country’s international bailout, a Greek government official said on Saturday…article
Norwegian player Yara buys Bunge operations in Brazil. This business is growing. Article
Note: Big American player in food business, Ilene Gordon, 58, is president, chairman and chief executive of Westchester-based Corn Products International Inc. She talks over midmorning coffee at a Chicago Loop restaurant, a convenient location to exploit a fleeting hole in a hectic morning of investor meetings, about her role among corporate gender pioneers the way a veteran ballplayer might talk about learning to hit a curveball as a rookie.
Breaking through to a major career is exceptionally difficult for singers in America, but sometimes a talent comes along who no one can resist. Article
