Posts Tagged ‘asset recovery

January 1st, 2015

Banks Required To Rely Less on Ratings Agencies

Banks Required To Rely Less on Ratings Agencies Since 2010, the ECB has been trying to break banks reliance upon credit rating agencies. In 2011 Jean-Claude Trichet ranted and raved […]

October 1st, 2014

Risks In Recovery Actions

Risks In Recovery Actions This item could also be called – when due diligence meets asset recovery. In every case, large or small, there are certain foundational events, constraints, and […]

May 1st, 2014

Projections

Projections I am inherently distrustful of projections. For too many years as an investment banker I reviewed business plans and their projections. If you asked any of the authors of […]

April 29th, 2014

8th Annual Fraud and Forensic Accounting Education Conference

8th Annual Fraud and Forensic Accounting Education Conference Hyatt Regency Savanna Georgia May 15th-16th 2014 http://pkm.com/events/fraud-conference/

February 1st, 2014

Authority to Bind

Authority to Bind It is too often a question that is not asked or answered.  How does one have the authority to bind a company, a partnership, a country or […]

September 1st, 2013

NYSE Listing Exposes Foreign Firms to Liability For Corrupt Practices

NYSE Listing Exposes Foreign Firms to Liability For Corrupt Practices From a recent filing in US Courts: Broux v. PetroChina Co. Ltd., 13-cv-06180, U.S. District Court, Southern District of New […]

March 1st, 2013

Brazilian LTN Bonds

Brazilian LTN Bonds Here, for both your edification and reading enjoyment, is a story of yet another scheme of “bogus bonds” flying around the world of fringe finance. The Brazilian […]

April 25th, 2012

Can Fraud and Corruption be Stopped?

Can Fraud and Corruption be Stopped? We must now consider if fraud can ever be eliminated: and under this head there are three points of inquiry. (1) Whether fraud can […]

November 1st, 2003

When everything goes wrong, asset recovery

When everything goes wrong, asset recovery A bank cannot make 100% of its investment decisions correctly, unless it makes no decision at all. Banks try to make conservative investments, with […]