Hints and tips:
...“The statutory scheme empowers the Fed to override the business judgment of bank managers in these situations,” he adds. “They didn’t do it.”...
...At a time of uncertainty, bank managers and supervisors must be laser-focused on controlling risk to bolster the stability and resiliency of our financial system.”...
...Frazzled supervisors told them instead to pick up the phone....
...“We know from our Life in the Law research that the most valued wellbeing support in the workplace is regular catch-ups . . . time with managers or supervisors to talk through how matters are progressing...
...robert.smith@ft.com...
...Normally, market participants spot that the debt has been moved and flag it to supervisors within 90 days....
...Additional reporting by Peter Smith...
...A former federal bank supervisor told the FT that such letters, sent after regulatory intervention has been proceeding for years, suggested that regulators were still discovering problems, not just fixing...
...Meanwhile hedge fund managers are holding on to their short positions in Casino, despite all of this takeover talk. The FT’s Robert Smith has some juicy details about why that is the case....
...“We will vigorously defend these cases.”...
...“Additionally, support functions, for example, human resources, were cut and shifted to managers.”...
...Adam Smith, a Galleon portfolio manager, testified that he destroyed his laptop after Mr Rajaratnam was arrested....
...The US hedge fund manager moved to 2.5 per cent with the purchase of nearly 6.4m shares....
...The financial crisis has, at least, made the business and moral case for change more apparent than ever. What about better governance?...
..., which is not the case in practice....
...Matty Smith: Absolutely - the knowledge area covered is the same for direct learning as it is for face-to-face MBAs....
...“Now they recognise that probably wasn’t the case and they think the current values are too low. Well, only time will tell.”...
International Edition