Is lax oversight a feature or a bug in the global audit industry? It seems every time a major fraud is uncovered the leadership breaks out the standard playbook: 1) We were fooled as well, 2) It’s not our job to uncover fraud and 3) we promise to do better. Though massive fraud garners the …
As we approach the end of the six week lock down in the UK and talks of extending until June, it’s time for a reality check. Below are some facts that reveal the hypocrisy of the UK lockdown. These stories are replicated in many other places (in fact in a number of ways, the UK …
Clergy criticise tax-haven firms seeking coronavirus cash https://www.theguardian.com/business/2020/apr/27/clergy-tax-haven-coronavirus-richard-branson?CMP=Share_AndroidApp_WordPress
Behind closed doors: modern slavery in Kensington – https://on.ft.com/37Tb9K8 via @FT
UK government must come clean on the cost of its EU trade strategy – https://on.ft.com/36UKwnt via @FT
If advisors have biases, how can customers vet advisors? Hard enough to vet technical competence. https://www.theglobeandmail.com/investing/article-financial-professionals-just-as-susceptible-to-behavioural-biases-as/
While some would say there is less systemic risk with CLOs tbe interconnection between private equity, CLOs and the real economy is staggering. 65% of leveraged loans are funded by CLOs. From pensions invested in PE to the millions of real jobs connected to PE owned firms to bank exposure, CLOs may present MORE systemic …
The Guardian view on Bangladesh: when charity goes wrong https://www.theguardian.com/commentisfree/2019/jan/21/the-guardian-view-on-bangladesh-when-charity-goes-wrong?CMP=Share_AndroidApp_WordPress
https://leftfootforward.org/2018/12/prem-sikka-unpicking-the-city-of-londons-new-finance-sector-propaganda/
Axe personal allowance and pay everyone £48 a week, says thinktank Could Universal Basic Income be coming to England? https://www.theguardian.com/politics/2019/mar/11/scrap-tax-free-personal-allowance-and-pay-everyone-48-a-week?CMP=Share_AndroidApp_WordPress