A month later Lehman continued its counterattack, issuing a statement claiming Einhorn "cherry-picks certain specific items from our [financial filings] and takes them out of context and distorts them to relay a false impression of the firm's financial condition, which suits him because of his short position in our stock." … [Read more...] about Banking crisis: Regulators look to curb naked ambition of the short sellers
Venezuela eu sanctions 7 individuals holding official positions
Two of the directors of CLC Finance (which had three executives sharing a table at the ball with Duncan Smith) are Philip and Dominic Wilbraham, who are also members of a family company named Wilbraham Securities LLP, which has given £28,500 to the Tories over the past three years. The donations began in 2011, just as pressure was mounting on the government for tighter regulation in the high-cost credit market. … [Read more...] about Tycoons mix with top Tories at fundraising ball in London
Figures from research group Dataexplorers.com show HBOS stock on loan — widely regarded to be the best proxy measure for short selling — may actually have decreased on Tuesday, the critical trading day, having remained flat on Monday. Experts said this suggested short sellers had earlier this week been reducing, not increasing, their bets on the bank's shares falling. … [Read more...] about Banking crisis: US regulators plan disclosure rules for short sellers
Germany shootings: What we know about the Hanau attacks Mourning the dead Flowers and candles are placed near the Midnight shisha bar. Nine people have so far been confirmed dead in the attacks. Several top EU officials, including European Council President Charles Michel and European Commission President Ursula von der Leyen, have publicly expressed their condolences for the victims. … [Read more...] about Shootings in Hanau: ‘We aren’t safe anywhere’
“I agree with a good part of his policies on the economy, combatting corruption and security,” said Brambila, who is a trans woman and professor of communications. “But on issues like diversity, I don’t think he – or any candidate – has any proposals.” … [Read more...] about Mexico election: why is the leftwing frontrunner so quiet on social issues?