Flickr/MorganDoing nothing Dodd-Frank was really meant to prevent bond traders from earning a million dollars. It has been successful, but as an unintended consequence, it has reduced liquidity. Now the SEC is regulating mutual funds even more to address the liquidity problems. If the regulations work, they are declared a success and they write more…
Share this: The former majority shareholder in Bulgarias insolvent Corporate Commercial Bank (CCB), Tsvetan Vassilev, has filed an application to receive Serbian citizenship, public broadcaster Bulgarian National Television (BNT) said on March 16. The report, which came on the day that Vassilev faced a court hearing in Belgrade on the request to extradite him to…
03/16/2016 - 15h43 Tweet The more level-headed of those occupants of the Planalto Palace, the seat of the Brazilian government, admit that Luiz Inácio Lula da Silva’s return to government is the last card Dilma Rousseff can play to…
Property developer Luke Saraceni is suing the Commonwealth Bank for wrongfully putting his Raine Square project into receivership. Picture: Megan Powell /The West Australian Raine Square tower, more than any other skyscraper in the city, encapsulated the aspirations of boom-time WA. Lording broodily over one of the richest cities on earth, the tower was a…
A PROMINENT business leader within the local Indian community and his family have been declared bankrupt following the liquidation of their spice and nut trading business. Kirpa Ram Sharma, 60, had provided personal guarantees to a number of banks for loans extended to his company, Pars Ram Brothers, which was placed under provisional liquidation in…
Cathy Bennett couldnt be more emphatic: Newfoundland & Labrador is in crisis. In animated fashion the finance minister has told us we have no money and that weve maxed out the provinces credit card. The rhetoric is intense. If Bennett is to be believed, if things get any worse we might need to revisit our…
Paula Dwyer writes editorials on economics, finance and politics. Paula Dwyer | Bloomberg View If you watched the last Republican presidential debate, you may have noticed the split on Social Security among the final four. Donald Trump vowed not to cut benefits. His three rivals would — by raising the retirement age, reducing payouts for…
Retiring DPS Emergency Manager Darnell Earley has been caught in the crosshairs of withering criticism for more than six months now, targeted by the media as well as a number of community activists and some politicians as well, for the damning role they all claim he played in the Flint water crisis when he served…
UNITED STATESSECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 16, 2016 WITH, INC. (Exact name of registrant as specified in its charter) Nevada 000-55533 80-0194367 (State or other jurisdiction (Commission (I.R.S.…
Tuesday, March 15, 2016 *A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or mission), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to…