Do Central bankers have license to lie?
Acclaimed journalist and economist Anatole Kaletsky explains in a report on Reuters why lying is an essential virtue in central bankers like US Federal Reserve Chairman Ben Bernanke.
",{"id":"SIGNIN"}).html('
Acclaimed journalist and economist Anatole Kaletsky explains in a report on Reuters why lying is an essential virtue in central bankers like US Federal Reserve Chairman Ben Bernanke.
New York State Supreme Court Justice Barbara Kapnick in Manhattan issued a judgement today approving an $8.5 billion settlement between Bank of America Corp with investors, and also said that some loan modification claims will continue, said Bloomberg.
Russell Investments chief economist Mike Dueker was found death on January 30 in Washington state, according to Pierce County Sheriff's Department. The police added that Dueker's death looked like a suicide, but noted that victim had work problems.
Corporate malfeasance, embezzlement and insider trading are more like headaches for corporations when caught, rather than as epidemics, which ought to be stopped. The very definition of embezzlement is "the act of wrongfully appropriating funds that have been entrusted into your care but which are owned by someone else." In other words, embezzlement is an act where someone deliberately sabotages the trust of another person.