Sentences with phrase «fund scandal of»

A Democratic insider over the weekend noted the history Cuomo and Faso shared: Namely the part the congressman played in the Cuomo's attorney general investigation into the pay - to - play pension fund scandal of the last decade.

DiNapoli has suggested his office should be used as a test - case for public campaign financing at the state level to get out from under the pay - to - play pension fund scandal of his predecessor.

Not exact matches

KUALA LUMPUR, Malaysia (AP)-- Malaysia's image as a striving, modern nation that upholds the rule of law has been undermined by an epic corruption scandal at state investment fund 1MDB.

After witnessing a 95 % decline in the pharmaceutical company's share price amid a series of scandals, Valeant's board, led by former shareholder and hedge fund manager Bill Ackman, smartly tied Papa's compensation to a recovery in the stock price.

The scandal surrounding the government is due to one of Najib's pet projects, the 1Malaysia Development Berhad (1MDB) fund, launched in 2008 to promote economic development.

The head of human resources at the billionaire Steve Cohen's hedge fund is leaving four years after he was brought in to help repair the firm's culture in the wake of an insider - trading scandal.

Just this year, there have been numerous scandals with Bay Area VC funds involving sexual harassment of female founders.

The firm closed its latest fund, a massive $ 3.3 billion, last May, just as the Valley's harassment scandals were starting to mount — but before they gained real attention from the bulk of the tech world.

Todd Rosenbluth, CFRA senior director of ETF and mutual fund research, talks about ETFs with exposure to social media giants after Facebook's data harvesting scandal.

Since then, Binary's future has looked in jeopardy as it reportedly paused on closing its second $ 75 million (# 58.2 million) fund in the wake of the scandal.

Mutual funds continue to struggle with image problems in the wake of a bear market and subsequent trading scandals.

The political noise is due to a continuing scandal over one of Najib's pet projects, the 1Malaysia Development Berhad (1MDB) fund, launched in 2008 to promote economic development.

Lagarde emerged as the new leader of the International Monetary Fund in the wake of Dominique Strauss - Kahn's sex scandal, selected not only for her expertise but also her ability to steer the organization amid a massive PR disaster.

The fund comes during a tumultuous year for the venture capital and tech industries as they deal with sexism scandals that have resulted in the ouster of notable investors and executives at firms like Ignition Partners and startups like Uber and SoFi.

CEO Vikram Pandit Kenneth Lewis Company Going Against Him Slow to cut costs, snowballing losses, spins all results positively, voracious consumer of taxpayer funds Bad acquisition of Countrywide, worse deal for Merrill, bonus scandal, gorged on i - bankers at peak of market Going For Him Engineering background, Suaveness.

But its dealings with scandal - hit sovereign fund 1MDB, spelled out in new lawsuits, cast doubt on the depth of Goldman's changes.

The Wall Street firm made outsized fees raising money for the fund at the centre of a scandal that nearly toppled Malaysia's prime minister.

Malaysia's sovereign fund scandal has exposed shortcomings in Goldman Sachs» post-crisis overhaul of its business practices.

Token gross sales are persevering with to boost substantial funds, reaching virtually $ 140m this month alone, and that regardless of sure big scandals ensuing in big losses to buyers.

The resulting deregulated and unregulated institutions have brought us one financial crises after another — the savings and loan scandal, the bubble and bust in Real Estate Investment Trusts, the collapse of the hedge fund, Long Term Capital Management, which threatened to set off a daisy chain of bond defaults, and more.

Mutual Fund The history of Mutual Funds has been recorded and established in the late 1700's with many, setbacks, market corrections and not without it's scandals and complications is prepared to reinvent itself at the pace of the savvy investor and the quick and demanding growth of the Internet.

The governments of Malaysia and Abu Dhabi reportedly reached an agreement on a partial debt settlement in the case involving scandal - ridden fund 1Malaysia Development...

«If you're a billionaire and you don't like the coverage of you, and you don't particularly want to embroil yourself any further in a public scandal, it's a pretty smart, rational thing to fund other legal cases.»

The scandal - hit retailer is planning early repayment of a $ 1.3 bln South African bond in return for releasing funds to cash - strapped European brands.

The disproportion of public funds paid to the elderly as over against payments and services to children is a scandal, but almost nobody is scandalized.

When Christians measure church success by the standards of American culture — money, power, prestige, numbers — we set ourselves up for scandal, discouragement, and abuse of authority / funds / people.

Class action law firm, Slater & Gordon, is assessing if Macquarie engaged in misleading and deceptive conduct in its handling of the van Eyk Blueprint funds as the scandal gains traction.

Beleaguered British Cycling has announced a wholesale shake - up of its medical services in the wake of threats it could lose out in millions of pounds worth of funding and a scandal that has left its reputation «in tatters».

Firstly, in 1902 when John Henry Davies rescued an ailing Newton Heath from going bankrupt and went on to fund the purchases of key players (many of them from City ironically following the previously mentioned bribes scandal) that led to them winning their first trophies.

British Cycling, which is due to receive # 43m of public funding for the current Olympic cycle and is trying to recover from a series of scandals, published details of the correspondence on Friday evening after the BBC contacted the organisation for a comment, releasing a statement on its website just 10 minutes after providing a response to the BBC.

Hiram Monserrate turned himself in to federal authorities in connection with the NYC Council slush fund scandal, a commission of his former legislative colleagues, which rarely takes action against one of its own, found reasonable cause to believe that he violated the Public Officers Law by setting up a legal defense fund and soliciting contributions from from individuals and entities that had business interests in his work as a senator.

Yet, a series of corruption scandals conducted under his rule led the European Commission to partially freeze European funding for infrastructure and other projects.

The two men who oversaw prosecution of the pay - to - play pension fund scandal that resulted in former comptroller Alan Hevesi's jail sentence today both said the penalty should serve as a warning against other public officials seeking favors and gifts while in office.

Moreover, several of those pols (from both parties) who received funds from the real estate mogul are either in jail, facing charges, or forced out politics because of a scandal.

In Spain, for example, serious corruption scandals referring to decades of illegal financing by the conservative party, and the atrocious mismanagement of a fund created by the socialist government of Andalucía to aid companies engaged in collective dismissal procedures (EREs in their Spanish acronym) have recently emerged.

The real power of the blogosphere, as the US has proved ten years on from the Lewinski scandal is the power of grass roots organisation, online advocacy and peer to peer networks (especially for fund raising).

By the end of today, the three biggest recipients of state economic development building contracts, plus the governor's Upstate nano - tech czar and SUNY Poly President, and one of the governor's closest aides will all be under federal or state indictment in a sprawling bribery and bid rigging scandal that involves close to $ 2B in state funds.

It is rumored that John Haggerty may share a cell with political rival and former disgraced Comptroller of New York, Alan Hevesi who is serving a one to four years at the Ulster Correctional Facility in upstate Napanoch for a pension fund pay - to - play scandal.

Cameron and his top team have now been through the heat of a Budget firestorm, with rows over VAT on pasties, the «granny tax», a political funding scandal and, most recently, a war over email snooping.

This penchant for supporting his loyalists to circumvent laid - down procedures in the party has resulted in several scandals, including the infamous secret account at Ecobank which held over GHC 5 million party funds without the knowledge of the suspended General Secretary and National Chairman.

Fallout from the U-CAN scandal reveals that Washington Heights has directly suffered from the incompetent management of City funding.

Some opposition members of parliament skipped the event, partly because of a rare corruption scandal that involves the national petroleum fund.

The scandal over N15 billion recovered by the Economic and Financial Crimes Commission (EFCC) at Osborne Street, Ikoyi, Lagos is quite embarrassing because the Director General of NIA, Ambassador Ayo Oke, has claimed that the fund belonged to the agency.

Long before disgraced former state Comptroller Alan Hevesi was charged in October for his role in a pay - to - play scandal involving the state pension fund under his watch, a little - known treasurer of Saratoga County, J. Christopher Callaghan, knew something was up — and it was in plain sight.

He also believes that «we have probably not heard the last of the slush fund scandal... we need to have accountability on whether the community groups that get City funding actually do what they say they were going to do with the money.

The scandal over the N15 billion recovered by the Economic and Financial Crimes Commission (EFCC) at Osborne Road, Ikoyi, Lagos is quite embarrassing because the director general of the NIA, Ambassador Ayo Oke has claimed that the fund belongs to the agency.

City Council Speaker Christine Quinn has never stopped congratulating her self for adding «transparency» to the council's pork - distribution process in the wake of recent slush - fund scandals.

The slush fund scandal indicates to Mr. Lander that «we don't have a vital local democracy,» and sees the scandal as a function of a system whereby the City Council focuses a great deal of energy and attention to the 1 % of the City budget that is allocated to Member items.

While Cuomo received almost 62 percent of the vote, Teachout's strong showing demonstrated voter unhappiness with the governor's performance on issues like school funding and hydrofracking, and disappointment in his Moreland Commission scandal.

The hedge fund at the center of a scandal involving corruption charges against former Correction Officers Benevolent Association president Norman Seabrook was able to convince a Manhattan judge that it has the cash to repay a $ 30 million loan.