Sentences with phrase «lacking financial expertise»
Spitzer's chief complaint about then - Assemblyman Tom DiNapoli when he was up for disgraced former state Comptroller Alan Hevesi's job back in 2007 was that he was a life - long public servant and lacked financial expertise.
http://www.nystateofpolitics.com/ Not exact matches
A chartered financial analyst, he brought financial expertise the company was lacking, allowing him to play a key role in major transactions, like the $ 3.8 - billion acquisition of Provident Energy Ltd. in 2012.
Many of these individuals lacked the expertise to rein in management and, when the financial crisis hit, the know - how to act decisively.
In a letter to the Social Security trustees in December 2003, the American Academy of Actuaries, the leading professional organization of actuaries, warned that infinite - horizon projections «provide little if any useful information about the program's long - term finances and indeed are likely to mislead anyone lacking technical expertise in the demographic, economic, and actuarial aspects of the program's finances into believing that the program is in far worse financial shape than is actually indicated».
«Corporations that want to do the right thing — almost all of them — lack the means and auditing expertise even if they had the financial resources to ensure their recycling vendors are doing what they are supposed to be doing,» says Robert Houghton, president of Redemtech, an electronics recycler and a founding member of the new program.
They had familiarity with savings, credit cards, and banks, but they lacked sufficient expertise to guide a multifaceted learning process through which students could observe financial principles in daily life.
Pamela Tuckett, a partner at the accountancy firm Bishop Fleming, warned that some trusts «don't think» to check strict financial rules in the academies financial handbook, and admitted that some governors lack the «genuine expertise» to ensure they don't unwittingly break the rules.
Their job is to sell vehicles and since they are not in the financial business they lack the necessary expertise needed under certain situations.
Without question, I lack the training and expertise of a financial professional.
As Justice Newbury points out, lawyer and client are not typical contracting parties and are not equal; among other things, the lawyer owes a fiduciary duty to the client, owes professional duties to the court, takes on most or all of the financial risk, and possesses expertise that the client lacks (para. 92).
Since Brexit, there has been an expectation of growth in the regulatory sub-sector of financial services, but the lack of clarity surrounding the UK's divorce proceedings from the EU have forced institutions to hold back from hiring until they know what areas of expertise are required to navigate the regulatory waters.
This is not surprising because private citizens typically lack the financial means and legal expertise necessary to launch successful prosecutions.
They are limited to a vague overview of the current financial scene and lack the direction or the expertise when it comes to taking effective financial decisions.
With a market expected to worth $ 10 billion in revenue by 2020, Qualcomm intends to create a reference design for developers that may lack the necessary research time, financial backing, or expertise in certain areas, and help them bring their ideas and products to the market faster and at a variety of price points.