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Plane Crash Claims the Lives of Nine People Near Plettenberg Bay
Nine people, including the CEO of tile company Italtile, have been killed in a plane crash near Plettenberg Bay. According to Italtile’s board of directors, the group’s CEO Gianpaolo Ravazzotti and eight of his colleagues and business partners...
Orange to Recycle Old Phones, Batteries From Mauritius
The French telephony company Orange has announced that it is starting the collection of old mobile telephones and used phone batteries on Mauritius which will be sent abroad for recycling. In its release issued here, Orange said the project is in partnership...
Whose Recovery?
A Reuters dispatch this morning from European Investment Correspondent Jeremy Gaunt in London may be an indicator of who thinks what about the current economic crisis: Leading investors have taken their holdings of stocks back up to levels last seen...
“I’m All Right Jack!”
It is hard to imagine the Chutzpah of the Week award for this week going to anyone other than David Viniar, Chief Financial Officer of Goldman Sachs. (Yes, I suppose there are some who claim it is Charles Taylor‘s turn, but I did not see enough...
Former Company Executive Pleads Guilty to Bid Rigging on Navy Contracts
The chief executive officer of a former Virginia marine products company has pleaded guilty and agreed to pay a $100,000 criminal fine and serve time in jail for his role in a conspiracy to rig bids and allocate customers with respect to marine products...
Freddie Mac Has Announced Changes in Management And Organization
Freddie Mac has announced changes in its senior management and organization that will enable the company to help stabilize the housing finance system and position it to take advantage of business opportunities in the market over the longer term. The changes...
