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Crony Capitalism: UBS, LIBOR, Phil Gramm, And The Junk Bond King

Phil Gramm, former US Senator, former Chair of the Senate Banking Committee, former UBS bank Vice Chairman, now suspected of probable direct knowledge of UBS involvement in the LIBOR scandal, to which...

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Aaron Swartz’s Alleged “Crime” And the Business of Breaking the Law

Not surprisingly the groundswell of reaction on the Internet today to the death of Aaron Swartz has focused on the obscene juxtaposition of the charges against Aaron, already dropped by MIT, the...

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Derivatives for Dummies: Global Casino for Banks

Derivatives: The Unregulated Global Casino for Banks SHORT STORY: Pick something of value, make bets on the future value of “something”, add contract & you have a derivative.  Banks make massive...

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LIBOR 2: 15 Biggest Global Banks Face New Foreign Exchange Fraud Probe

It appears that international banking fraud and market manipulation continues unabated.  The newest scandal brewing involves Swiss, British and American banks manipulating foreign currency exchange...

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UBS Back In The News: Tax Evasion Scheme, LIBOR, and Arbitrage Fraud

UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US. Former UBS wealth management executive, Raoul Weill,...

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KPMG Canadian Tax Scheme Suspiciously Similar to UBS Tax Evasion Fraud

Canada is routinely cited as a boring backwater in financial services that has none of the scandals plaguing the rest of the industry.  But in an extraordinary investigative report on The National,...

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Panama Papers Canadian Connection

UPDATE May 5, 2106:  National Public Radio’s Takeaway news analysis program, today interviewed James Henry, senior adviser at the Tax Justice Network and a senior fellow at the Columbia Center for...

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Crony Capitalism: UBS, LIBOR, Phil Gramm, And The Junk Bond King

Phil Gramm, former US Senator, former Chair of the Senate Banking Committee, former UBS bank Vice Chairman, now suspected of probable direct knowledge of UBS involvement in the LIBOR scandal, to which...

View Article


Image may be NSFW.
Clik here to view.

Aaron Swartz's Alleged "Crime" And the Business of Breaking the Law

Not surprisingly the groundswell of reaction on the Internet today to the death of Aaron Swartz has focused on the obscene juxtaposition of the charges against Aaron, already dropped by MIT, the...

View Article


LIBOR 2: 15 Biggest Global Banks Face New Foreign Exchange Fraud Probe

It appears that international banking fraud and market manipulation continues unabated.  The newest scandal brewing involves Swiss, British and American banks manipulating foreign currency exchange...

View Article

Image may be NSFW.
Clik here to view.

UBS Back In The News: Tax Evasion Scheme, LIBOR, and Arbitrage Fraud

UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US. Former UBS wealth management executive, Raoul Weill,...

View Article

Image may be NSFW.
Clik here to view.

KPMG Canadian Tax Scheme Suspiciously Similar to UBS Tax Evasion Fraud

Canada is routinely cited as a boring backwater in financial services that has none of the scandals plaguing the rest of the industry.  But in an extraordinary investigative report on The National,...

View Article
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