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  • August 29, 2014
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  1. Business - Comment - LAI SEE

    Where does the truth lie in McDonald's 'lack of clarity'?

    Posted Jul 29th 2014, 01:26am by Howard Winn

    ... Howard Winn McDonald's press conference on Sunday to apologise for "its lack of clarity" should be in the playbook of every crisis management consultant. The conference was held presumably to try to boost its flagging image following its public relations missteps in its handling of the expired meat scandal surrounding Shanghai Husi Food. First it said ...

  2. Business - Comment - LAI SEE

    What should we be worried about in World Cup year?

    Posted May 21st 2014, 01:08am by Howard Winn

    ... but with stock markets at dizzying heights. And then there's China. Will the economy continue to slow? What will be the effect of the central government's financial and currency reforms? Then, adds Perkins, there are the "unknown unknowns", such as how the Ukraine crisis plays out. He concludes: "The 2008 crisis should have taught us something about the complicated ...

  3. Business - Comment - LAI SEE

    In the public interest

    Posted Jun 06th 2014, 12:36am by Howard Winn

    ... Howard Winn US District Judge Jed Rakoff attracted attention in December last year with a piece in the New York Review of Books in which he fulminated over why it is that none of the senior executives in the financial institutions that helped precipitate the financial crisis have been prosecuted. He noted that the US government's Financial Crisis Inquiry Commission, ...

  4. Business - Comment - LAI SEE

    Beijing does not have the most polluted air in the world

    Posted May 13th 2014, 01:03am by Howard Winn

    ... secretary of the treasury Tim Geithner would have preferred to keep quiet about his time during the global financial crisis. Not so, and we have yet another book entitled: Stress Test: Reflections on the Financial Crisis. Barely off the press, it has drawn criticism from Neil Barofsky, the former special prosecutor for the Troubled Assets Relief Programme, and George Bush's economic adviser, ...

  5. Business - Comment - LAI SEE

    Why no travel alert for mainland China with this grim toll?

    Posted May 08th 2014, 12:42am by Howard Winn

    ... the start of the global financial crisis.  But we should not be lulled into thinking these prosecutions are occurring out of a concern that banks are breaking the law. They are being considered, as Bloomberg reports, because prosecutors have been “stung” by lawmakers’ criticisms that multibillion-dollar settlements have done little to punish Wall Street since the onset of the global crisis ...

  6. Business - Comment - LAI SEE

    Remarkable change in Philippine security says Hong Kong government

    Posted Apr 24th 2014, 01:11am by Howard Winn

    ... government's announcement yesterday that it has resolved its differences with the Philippines over the Manila hostage crisis. The black travel alert has been in force since the crisis in August 2010 ... director, global markets, at search firm Sheffield Haworth says: "Their graduate programmes were cut aggressively post-financial crisis and this has affected the level of associate candidates ...

  7. Business - Comment - LAI SEE

    Tax consultant Annells denied bail in High Court

    Posted Apr 26th 2014, 01:15am by Howard Winn

    ... the 12-person board, which comprises three executive directors, two non-executive directors and seven independent non-executive directors, of whom one is a woman.   Top shop A currency exchange dealer ...

  8. Business - Comment - LAI SEE

    Too much focus on fishing boats as pleasure craft are neglected

    Posted Apr 15th 2014, 12:19am by Howard Winn

    ... per cent last year, were concerned about financial market risk from the currency shifts that began in 2013 with Abenomics and the gradual reduction of quantitative easing by the United States Federal Reserve. "The impact of these events still reverberates throughout Asia and adds volatility to currency, equity and fixed-income markets," the report said. The highest percentage ...

  9. Business - Comment - LAI SEE

    Security Bureau shoots itself in the other foot over Philippines

    Posted Apr 29th 2014, 01:11am by Howard Winn

    ... Howard Winn Commenting on the recent statements by the Security Bureau recently is not unlike shooting fish in a barrel. Last Wednesday the Hong Kong government announced it had resolved its differences with Manila over the August 2010 Manila hostage crisis. A few hours later the Security Bureau lowered the black travel alert it had assigned the Philippines since August 2010. ...

  10. Business - Comment - LAI SEE

    CLSA's Mike Mayo goes full circle on Citi view

    Posted Apr 25th 2014, 12:11am by Howard Winn

    ... Howard Winn Mike Mayo, CLSA's head of banking research in the US, has certainly had his ups and downs with Citigroup. In the years following the financial crisis he was relentless in his pursuit of the bank for what he deemed its poor management practices. In 2012, he declared: "In Asia, Citibank is the Tiffany of banking, but its corporate governance is like ...




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