Log In | Subscribe | |

ChiefOfficers.Net

The USA's Federal Reserve Board is planning to fine and issue prohibition orders against two former Managing Directors of J. P. Morgan Securities (Asia Pacific) Limited. It follows on from the Board's fining of the bank in November 2016. The offence? Excuse us while we choke on our own laughter: giving jobs to the boys. But they did it in China. On Wall Street, it's standard operating procedure, as it is across a wide range of industries in the USA. There are several matters of grave concern to Banks regulated by the Federal Reserve Board, both domestic and foreign.

Editorial Staff
Publication: 

The Geneva Motor Show is the place where many companies put out their wilder concept cars. But Airbus has turned up with a concept that actually works in practice but is likely to have even more hurdles to legal use than driverless cars. It's.. well, it defies simple description but one thing it isn't is a car that flies and another thing it isn't is a flying thing that travels on the roads.

CoNet Administrator
Publication: 

A leader in The Economist echoes the official position of, in particular, the USA in saying that "the Iraqi Army is on the brink of defeating Islamic State." In what sounds like a dangerous reprise of the claim that the war in Iraq was won, the assumption that clearing Mosul of this criminal gang will rid the world of its dangers is, and was always going to be, wrong, says Nigel Morris-Cotterill.

Nigel Morris-Co...
Publication: 

Oh, no we didn't.

Oh, yes they did.

The pantomime that is Formula One is underway, even though the season is not.

Bryan Edwards
Publication: 

Part two

Editorial Staff
Publication: 

Part 1

Précis

Refresh for updates, most recent first.

-------------------------

Editorial Staff
Publication: 

No comment is necessary for this document, a full republication of the official English version of a statement issued today by KCNA, the media arm of the government of the DPRK (North Korea).

Editorial Staff
Publication: 

There's a whole industry, across the world, that charges fees for doing things you can easily do for free and which give you the impression, whilst not actually saying so, that you need their services to obtain your rights. One is the domain name registration scam, that appears in several variants.

Here's today's.

Editorial Staff
Publication: 

A firm of solicitors which came to prominence because of its owner's predilection for fast cars, big tax demands, grand expansion plans and a secretive grant from taxpayer's funds (see story) is back in the news, this time for "falsely and systematically" overcharging claims for costs in personal injury (PI) cases.

Editorial Staff
Publication: 

There is now no doubt that a man killed at Kuala Lumpur International Airport's budget terminal KLIA2 was murdered and there is, equally, no doubt that he was KIM Jong-Nam, the half brother of North Korean "Supreme Leader" KIM Jong-Un. As we reported in a daily news round-up on 20170216, if NoKo authorities were behind the attack, choosing Malaysia as its venue was a poor decision. Then again, it would have been equally poor if the attack had taken part in Macau, a region of China, where the victim lived. As evidence mounts, both Malaysia and China have begun actions against North Korea, which now has almost no significant support from any significant country....

Editorial Staff
Publication: 

Long before his inauguration, US President-Elect Trump telegraphed a view of ethics and corruption that many consider contrarian. Is the Trump way of doing business to allow tacit approval of under-the-table deals or is it simplifying the legislative regime, putting corruption on the same footing as any other financial crime? There is justification for his abolition of the Rule requiring minerals companies to report large payments to foreign governments: it was under the wrong Act and it didn't go far enough. Perhaps inadvertently, Trump has just set the stage for the first true test of his character. Also, there is another shock that biased reporting has not made clear...

Nigel Morris-Co...
Publication: 

Hanjin Shipping Co. was the subject of an order placing the company into liquidation by court in Seoul this morning. Its collapse is a lesson to those that think running a deficit year after year is acceptable. Sooner or later, it found, people stop pumping good money after bad.

Editorial Staff
Publication: 

In the USA, a gun lobby is not the place where hunters put their guns in racks when they pop back into the house for lunch. It's the grammatically challenged collective name for those who promote the interests of manufacturers of, traders in and users of firearms. Together, they provide enough support to sway elections and ensure that guns are central to the lives of many Americans. But now, a group of lobbyists made up of prosecutors say, the gun lobbyists have gone too far.

Editorial Staff
Publication: 

New York state is one of a number of US states that now require taxpayers in the state to provide a driving licence or other state (not necessarily NY)-issued identification when taxpayers file returns electronically. Federal tax systems do not have a similar requirement.

Editorial Staff
Publication: 

In 2016, Emirates flew more than 194,000 flights and of those more than 60 were diverted because of a medical emergency. The cost of each ranges from USD50,000 to USD600,000, says the airline. So it needs to find ways to reduce diversions where there is no additional risk to the passenger.

Editorial Staff
Publication: 

Pages

 


 

Click the Ad: the link opens in a new page

hahagotcha