Corporate collapses: when Arthur Andersen went down 15 years ago over Enron the problem was that the liabilities of one branch of that firm spread right across the world. This is different to the collapse of Bell-Pottinger where no liabilities (at least as matters stand) are due. Here the firm which specialised in managing reputations lost its own. It was not the liabilities that closed in. It was the evaporation of prospective revenues.
by Filipe R Costa| Economics|1 mins. to read In recent decades, governments and central banks have come under fierce criticism for the way they manage our most important commodity – money. Money is supposed to be a simple and neutral way of facilitating the financial interactions necessary in all our lives; but it has become somewhat of a burden.
by Nick Sudbury| Funds|2 mins. to read One of the best options for long-term investors looking for higher risk/return opportunities is the Emerging Markets. The region offers huge potential upside as the various countries develop, although there are many challenges for them to overcome along the way.
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