FSA GIVEN RIGHT TO VETO BONUS DEALS November 15, 2009 THEFinancial Services Authority will have the power to tear up pay and bonus contracts that violate its guidelines under planned legislation to be unveiled as part of the Queen’s Speech onWednesday. Lord Myners, the City Minister, claimed yesterday that allowing the regulator to render void some contracts would prevent excessive risk-taking from threatening the stability [...]
Jonny vows to put body to the sword November 12, 2009 BRAVEHEART Jonny Wilkinson has vowed to continue putting his injury-ravaged body on the line when England lock horns with the powerful Pumas at Twickenham tomorrow. The 30-year-old fly-half has spent much of the last six years on the treatment table but returned to international action last Saturday to make a remarkable 20 tackles in the [...]
CHOOSING SURVIVAL OVER LITIGATION November 11, 2009 MARCUS MCCAFFREYPARTNER, FORENSIC SERVICES, BAKER TILLY WHERE previous recessions have seen problems of funding, this time round global financial liquidity has shrunk to unprecedented levels. There are still few re-financing options and what is available is only on offer to those entities with strong balance sheets or guarantees. One result of this is that international [...]
BoA chief defends his track record November 10, 2009 OUTGOING chief executive of Bank of America Ken Lewis yesterday defended his controversial tenure and said the bank is now primed to become a world-class company. “I am confident history will show that our actions … in building Bank of America positioned our company for future success,” Lewis told analysts at a Bank of America [...]
KP shouldn’t be rushed back November 10, 2009 KEVIN PIETERSEN joins up with the England camp today after surgery on an Achilles tendon injury, but don’t expect our star batsman to be rushed back into the action in South Africa. Don’t get me wrong, Pietersen is a class act, probably the only world-class performer in the England ranks, but forcing him into a [...]
David Pipe’s Tamarinbleu all set to land Wetherby’s Charlie Hall Chase October 29, 2009 AS THE FLAT season slowly disappears into the sunset, all eyes will be on Wetherby tomorrow when it stages the Charlie Hall Chase. The track has been in the headlines for all the wrong reasons in recent weeks, but the taps have been on for the last few days to ensure that we get good [...]
Agassi claims worry WADA October 28, 2009 ANTI-DOPING chiefs have demanded an explanation from tennis authorities after former world No1 Andre Agassi said he was able to lie his way out of a ban for taking crystal meth. Five-time grand slam winner Agassi, who retired in 2006, recounts in his autobiography how he tested positive for the stimulant in 1997. However he [...]
Agassi claims worry WADA October 28, 2009 ANTI-DOPING chiefs have demanded an explanation from tennis authorities after former world No1 Andre Agassi said he was able to lie his way out of a ban for taking crystal meth. Five-time grand slam winner Agassi, who retired in 2006, recounts in his autobiography how he tested positive for the stimulant in 1997. However he [...]
The long arm of US litigation is reaching over the Atlantic October 27, 2009 A COURT case launched in New York this month by shareholders from England, France and the Netherlands against French media company Vivendi, alleging fraud, has struck fear into European executives worried that they too might find themselves on the receiving end of US litigation. It is rare for the American courts to allow foreign shareholders [...]
Young Kaymer’s return in Spain sets us up perfectly for a thrilling season finale October 26, 2009 WITH the season-ending Dubai World Championship drawing ever closer, the Race to Dubai Championship is hotting up by the week and looks like going right to the wire. Returning to the action after five weeks out with broken toes in a go-karting accident (silly lad), Martin Kaymer showed his intentions with a storming performance in [...]