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Corruption

The sugar trade: Sweet and Rich

August 16th, 2011  |  Source: The Economist

 

IT IS no exaggeration to say that the foundations of the modern globalised world were made of sugar. In the 15th century Europeans first encountered its sweet delights. Within a couple of hundred years the coming of sea power, and with it the means to create empires across the oceans, resulted in large tracts of land in South America and the Caribbean being seized. Much of it was used in the production of sugar, which was steadily evolving from being a scarce luxury to a daily necessity.


China to Wall Street: The Side-Door Shuffle

July 25th, 2011  |  Source: NYT.com

IT was the hot new thing on Wall Street — one of those exotic investments that seem to promise untold riches for the lucky few.

And, like so many hot new things, it went cold fast.

Such was the fabulous stock-market flameout of a company called Rino International, an untested enterprise that, until recently, would have raised nary an eyebrow in the United States.


Financing the Road to Rio

July 23rd, 2011  |  Source: Globe-Net.com

 

Important discussions lie ahead on the road to Rio + 20 for the global investment community - UNEP FI Global Roundtable 2011, and GLOBE 2012.   

Banking and investment organizations worldwide are monitoring developments in the international financial markets preparatory to the Rio + 20 Earth Summit taking place in Rio de Janeiro, in June 2012.


Rupert Murdoch and the Seeds of Moral Hazard

July 20th, 2011  |  Source: HBS Working Knowledge

The News Corporation/News of the World scandal has been described as a case study in bad management.

What was there about the company's organizational culture that led to "Murdoch's Mess"?

Many companies today operate like Russian nesting dolls, where one large figure is actually made up of many smaller ones. These organizations present a unified face to the outside world, but rely heavily on other, usually smaller, companies or external individuals to conduct many of their activities.


Goldman Sachs' Roach Motel for metals in Detroit

July 18th, 2011  |  Source: Fierce Finance

 

The London Metal Exchange (LME) has ordered Goldman Sachs, which owns a massively controversial 19-building metals warehouse in Detroit, to boost the rate at which it delivers metals for physical transfer.


The Golden Cocoon of FIFA’s Ruling Body

July 17th, 2011  |  Source: NYT.com

 

The titans of international soccer are used to pampering. Motorcades. Police escorts. Five-star hotels. Lavish dinners. Cash allowances of $500 a day, and an additional $250 for their wives or girlfriends.


Lobbying groups spend big when lawmakers are honored

July 12th, 2011  |  Source: Sunlight Foundation

 

Honorary fees top $50 million over past two years


Let’s do away with CSR

July 10th, 2011  |  Source: marcgunther.com

 

Maybe it’s time to do away with corporate social responsibility (CSR).

Not merely the words and the idea but the infrastructure: CSR departments, CSR reports, CSR conferences and CSR executives.




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