Why insider trading is hard to prove November 3, 2009 LAST month, the FBI smashed an alleged $20m insider trading scheme centring on the New York hedge fund Galleon, when they raided its offices and arrested billionaire financier Raj Rajaratnam and five accused accomplices. In the wake of criticism of the Financial Services Authority (FSA) in this country over its percveived toothlessness, the regulator is [...]
Four-match ban looms as FA prepare to hit Adebayor September 13, 2009 MANCHESTER CITY striker Emmanuel Adebayor is today expected to be charged over his behaviour in Saturday’s fiery clash with former club Arsenal and is facing the prospect of a four-match ban. The Football Association is poised to charge Adebayor with violent conduct – which would likely result in a three-game suspension – for a raking-studs [...]
RFU ban Bath trio but cut bans to nine months August 3, 2009 FORMER Bath trio Michael Lipman, Alex Crockett and Andrew Higgins were last night banned for nine months after being found guilty of failing to submit to drug tests. But the Rugby Football Union reduced their sentences from 15 months on the basis of good character and concerns over legal advice they were given. And the [...]
Richards gets three-year ban for fake blood fiasco August 17, 2009 FORMER Harlequins boss Dean Richards was last night banned from coaching for three years for his part in the club’s faking of a blood injury during last season’s Heineken Cup. Winger Tom Williams, whose mouth wound during April’s quarter-final defeat to Leinster was found to have been fabricated, had his 12-month suspension reduced to four [...]
Quins man’s 12-month ban ‘entirely disproportionate’ July 21, 2009 PLAYERS’ chief Damian Hopley has leapt to the defence of Harlequins winger Tom Williams, after he was handed a 12-month ban for faking a blood injury. Williams was found to have fabricated a cut to his mouth in order to allow Quins to make a late substitution during their Heineken Cup quarter-final defeat to Leinster [...]
CITY AM SHADOW MPC August 5, 2009 ALLISTER HEATH CITY A.M.The recession is coming to an end, even though money supply growth remains weak. The Bank should suspend its quantitative easing operations for the time being. SIMON WARD HENDERSON NEW STAR“Await more evidence before deciding on a further expansion of QE. The latest broad money numbers were disappointing but financial market behaviour [...]
CITY AM SHADOW MPC August 5, 2009 ALLISTER HEATH CITY A.M.The recession is coming to an end, even though money supply growth remains weak. The Bank should suspend its quantitative easing operations for the time being. SIMON WARD HENDERSON NEW STAR“Await more evidence before deciding on a further expansion of QE. The latest broad money numbers were disappointing but financial market behaviour [...]
EU moves to curb Microsoft May 31, 2009 The European Union is set to unveil another round of sanctions on Microsoft, in an attempt to change the software giant’s behaviour instead of just imposing fines on the company. The move would be the result of an investigation, initiated last year, into Microsoft’s bundling its own web browser with its Windows software. Sources have [...]
EU moves to curb Microsoft May 31, 2009 The European Union is set to unveil another round of sanctions on Microsoft, in an attempt to change the software giant’s behaviour instead of just imposing fines on the company. The move would be the result of an investigation, initiated last year, into Microsoft’s bundling its own web browser with its Windows software. Sources have [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 31, 2009 FINANCIAL TIMES BUY-OUT GROUPS FACE OPPOSITION TO ANNEX FUNDSPrivate equity groups are facing mounting opposition from investors over their attempts to raise annex funds, which buy-out firms hope will provide fresh cash to bail out many of the companies they bought during the debt bubble. Apollo Management had been forced to drop plans to raise [...]