It is becoming increasingly clear just what an enormous error of political judgement the Chancellor made when appointing Liechtenstein insider and ex-Citibank employee Glen Moreno
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PWC sinking in India
The Big 4 have spent years demanding access t markets. And then this happens in India: “During interrogation [the auditors, Subramani Gopala Krishnan and Talluri
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PWC – were they party to and part of the Satyam fraud?
From the Economic Times of India: PricewaterhouseCoopers (PwC) auditors manipulated Satyam Computers accounts for money. According to Crime Investigation Department (CID) sources, Satyam founder B
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Why didn’t the Bank of America know?
The FT has reported: Bank of America will on Friday receive $20bn in fresh capital from the US government and a guarantee on most of
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Barclays and Credit Suisse under criminal investigation
The FT has reported that: Lloyds TSB of the UK last week became the first bank involved in the inquiry to reach a settlement with
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Lloyds TSB – criminally corrupt
Reuters reported this from Washington DC today: Lloyds TSB has agreed to forfeit $350 million (£231 million) to U.S. authorities in connection with charges it
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Lessons to be learned from India
Dennis Howlett has looked at the developing Satyam scandal in India: There’s an old saying: ‘where there’s a will, there’s a way’ and that is
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Transfer mispricing costs the developign four times more than total aid flows
It’s been a privilege of mine to work with the team from Global Financial Integrity over the last year or two. Indeed, I’m visiting them
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Invade Cayman?
David Cay Johnston has an article in Mother Jones in the US in which he says (amongst much else): In 1983 just 10 percent of
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