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Showing 331 - 340 of 398 results for "Mistake"

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard! These words - delivered by Kentucky Republican Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of ...

BNY Mellon apologises for pension mistake

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
... The firm also apologised to The United Federation of Teachers and the Office of the Comptroller of New York City for the mistake. "BNY Mellon fully appreciates the importance of reliable, accurate service in connection with bank accounts and understands ...

Sell dollars to buy stocks

BENJAMIN ONG  |  FRIDAY, 20 NOV 2009
Thud! Thud! Thud! This is the sound of my head banging on my desk. For I'm confused - really very confused. Wall Street again dropped big time last night - well to be more accurate, just bigger than the smaller daily falls we've gone accustomed to over ...

Centro execs to face tough penalties

MICHAEL HOBBS  |  WEDNESDAY, 21 OCT 2009
The regulator has launched proceedings against the chair, chief executive, chief financial officer and five other directors of entities within Centro Properties Group and Centro Retail Group for misleading accounting practices. The action includes Brian ...

SuperChoice signs TOWER super

MICHELLE BALTAZAR  |  WEDNESDAY, 14 OCT 2009
TOWER Australia joins a growing list of corporate super fund providers that have switched from doing choice-of-fund admin internally to outsourcing the role to clearinghouse specialist, SuperChoice. Under the deal, SuperChoice will handle contributions ...

Trinity files $1m lawsuit

MICHELLE BALTAZAR  |  THURSDAY, 24 SEP 2009
... against former Labor Party staffer Ross Daley and his company, Veritate, in a bid to recover $1 million paid to Daley "by mistake". On 31 August, the property group received a final report on the forensic investigation conducted by Deloitte Touche Tohmatsu ...

When ASIC knocks, answer immediately

RUTH LIEW  |  THURSDAY, 2 JUL 2009
You've been served. Recent reports about corporate watchdog ASIC paying a personal visit to two accountants (mistakenly reported in the media as financial planners) to hand them notices illustrate the far-reaching powers of the regulator, says an industry ...

Refreshing pause

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2009
... here is that by being boggled with concerns over the long run, governments and central banks are forced into a policy mistake. And there are now shades of the Great Depression mistakes emerging such as protectionism and calls to cap/reverse growing national ...

CBA on Storm damage control

COMPANY RELEASE  |  THURSDAY, 18 JUN 2009
The Commonwealth Bank of Australia has suspended repayments for Storm Financial loan holders to the end of August and said it will pay for the cost of legal and financial advice for its affected customers. Ralph Norris, chief executive at Commonwealth ...

Spin-a-win

BENJAMIN ONG  |  FRIDAY, 12 JUN 2009
Big yawn! Overnight news out of Wall Street provided little fresh direction, just a continuation of the recent trend we have seen so far - that is, anyone could choose any number from last night's stats and spin it both ways. Bull spin. US consumers ...