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  • August 22, 2014
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  1. Comment - Insight & Opinion

    Why investigators spread titillating gossip about China's corrupt officials

    Posted Aug 12th 2014, 03:09pm by Chang Ping

    ... on institutional problems such as the power hierarchy. The government has been trying to convince people that corruption is rooted in degenerate lifestyles and spiritual bankruptcy. At the same time, ...

  2. Business - Companies - JAKE'S VIEW

    Corporate rescue bill not worth saving

    Posted Jun 05th 2014, 05:34am by Jake Van Der Kamp

    ... Jake van der Kamp As bankruptcy provisions are fine, there’s no need for Chapter 11-style measures that let smooth talkers continue to lose other people’s money Corporate rescue bill ... corporate rescue bill is likely to sink again before it gets to Legco. The reason is the rule in corporate bankruptcies that taxes and wages must be paid first out of what is left after dissolution, ...

  3. Comment - Insight & Opinion - WHO SAID IT?

    Who said it?

    Posted Mar 01st 2014, 04:35am by STAFF

    ... SCMP Editorial I've started hating myself. Now, I can't handle this level of agony and humiliation Indian financier Subrata Roy on an investigation into his firm over the return of deposits   I am sorry for the troubles I have caused all the people Mark Karpeles, CEO of bitcoin exchange Mt Gox, after the firm filed for bankruptcy   She's going to have a long golfing ...

  4. Comment - Insight & Opinion

    Does Beijing intend to weaken powers of the Hong Kong government?

    Posted Jun 17th 2014, 12:43pm by Frank Ching

    ... Hong Kong was of great value to China. It was a major earner of foreign exchange when Beijing was close to bankruptcy following the Cultural Revolution. It was also a Chinese base for obtaining ...

  5. Business - Economy - JAKE'S VIEW

    Permanent stimulus is putting China's economic health at risk

    Posted Jun 17th 2014, 04:41am by Jake Van Der Kamp

    ... bankruptcy proceedings against a provincial government. It will just make more advances to cover interest payments on past advances and less money will then be available for real investment. ...

  6. Business - Comment - JAKE'S VIEW

    If Yaks can fly, so can China's jumbo

    Posted Jun 10th 2014, 12:57am by Jake Van Der Kamp

    ... how no one expected such a success when work began. Budgets were always tight, none of this "jumbo jet at all costs" business that Mr Xi advocates. Boeing brushed with bankruptcy ...

  7. Comment - Letters

    App should not exploit disclosure of personal information

    Posted Aug 22nd 2013, 12:00am

    ... of my report on the investigation into a smartphone application which enabled subscribers to search litigation and bankruptcy records of target individuals by their names. These records are made ... into people's litigation and bankruptcy history, if any, for making decisions on employability and creditworthiness. In practice, while public records enable the identification of individuals involved ...

  8. Comment - Insight & Opinion

    Reform of Medical Council can ensure public interests are better protected

    Posted May 29th 2014, 04:59pm by Albert Cheng

    ... in its duty. Even in substantiated malpractice cases, the council appears to mete out lenient punishment. Its credibility is on the brink of bankruptcy. Yet, the council does not appear ...

  9. Comment - Insight & Opinion

    China should allow its high-risk trust products to fail

    Posted Feb 11th 2014, 11:15am by ANDY XIE

    ... with no prospect of a quick turnaround, bankruptcy is inevitable, and healthy. First, there is no systemic crisis per se. Investors who poured money into such high-interest-rate products should know ... if a bankruptcy blows up their expectations of a bailout, they may refuse to roll over financing for other products. Hence, it may lead to more bankruptcies. This isn't a real systemic crisis. ...

  10. Business - Economy - COMMENT

    Letting the air out of the bubbles

    Posted Apr 02nd 2014, 11:28am by JOE ZHANG

    ... declare bankruptcy or walk away from their mortgages. Their liabilities will be with them forever, until repaid. (2) There is a stigma attached to housing defaults. In Hong Kong, for example, while a person can declare bankruptcy, households continued to service their mortgages long after the values of their homes had fallen well below their mortgage liabilities after the crisis ...




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