Tag Archives: nature

Former Morgan Stanley CEO on Swiss banks: Secrecy is ‘their nature’

Former Morgan Stanley CEO on Swiss banks: Secrecy is ‘their nature’

In 2014, Credit Suisse pleaded guilty to helping thousands of Americans evade taxes and paid a $2.6 billion fine. It also promised to reveal any hidden bank accounts. Credit Suisse has recently come under scrutiny by the U.S. Department of Justice for potentially not complying with that plea agreement, the Wall Street Journal reported last week, citing unnamed sources familiar with the matter. Former Morgan Stanley CEO John Mack, who last month published “Up Close and All In: Life Lessons… Source link

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Why rising prices are really about humanity versus nature

Fontana, CA – October 22: The average price of a gallon of self-serve regular gasoline in Southern California rose today for the 11th consecutive day, spurring the largest week-to-week increase since March. (Irfan Khan / Los Angeles Times via Getty Images) Have you heard about the “commodities super cycle” we may be living in right now? It doesn’t sound as bad as a bomb cyclone, but it may end up slamming us just as hard. This super cycle, (or “Super Cycle” to some) has been the talk of Wall… Source link

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Texas firing Tom Herman shows ruthless nature of college sports

Everything is bigger in Texas, the old axiom goes. The oil wells, the pickup trucks and the cowboy hats. It’s a place where value is placed on size, a swaggering old ethos that’s often a way of life. At the University of Texas, the school and athletic department began a gamble on Saturday that’s one of the biggest in recent years. They are potentially paying more than $24 million in buyout money to fire coach Tom Herman and his staff. That doesn’t count a dime for the incoming staff,… Source link

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