Financial Times (June 10)
“The depth of collusion between Toshiba, the Japanese government and the former investment head of the world’s biggest pension fund to influence board nominations last year has been laid bare by an independent probe” and “represented an attempt to unfairly restrict the exercise of shareholder rights.”
Tags: Board, Collusion, Depth, Exercise, Fund, Government, Independent, Influence, Investment, Japan, Nominations, Pension, Probe, Restrict, Shareholder rights, Toshiba, Unfairly
Washington Post (July 16)
“In Helsinki, Mr. Trump again insisted ‘there was no collusion’ with Russia.” In the process, however, he “appeared to align himself with the Kremlin against American law enforcement.” By “refusing to acknowledge the plain facts about Russia’s behavior, while trashing his own country’s justice system, Mr. Trump in fact was openly colluding with the criminal leader of a hostile power.”
Tags: Collusion, Criminal, Facts, Helsinki, Hostile power, Justice, Kremlin, Law enforcement, Russia, Trump, U.S.
Financial Times (December 19)
“The conspiracy to fix Libor appears more extensive than had been previously thought. This was not just a question of massaging submissions to make UBS’s financial position look stronger than it was after the crisis. The settlement also points to a co-ordinated effort across banks to manipulate market rates for profit.” Collusion and anti-trust charges may lead to class-action suits. Libor may become “the banks’ ‘tobacco moment’, when long-running bad behaviour is finally rumbled and the lawsuits roll in.”
Tags: Anti-trust, Banks, Class-action, Collusion, LIBOR, Tobacco, UBS