(1)The markets add depth in terms of number of long-term players and the volume of business. Above all, this is aimed at the financial well-being of the end consumer.(source-Hindustan Times Friday, June 29, 2012)
(2)wages are rising by more than 10% a year as blue-collar workers' pay is used to drive up consumption, which plays much too small role in a driving the economy. Cheap credit produces
dangerous liquidity bubbles. Foreign demand has fallen sharply as rich countries run into problems of their own. Above all, chinease leaders know that they need to steer the country away from the volatility of the past five years-big boom in 2007, slump in late 2008, revival in 2011, and now a slowing down again.(source-Hindustan Times Monday, June 16, 2012)
(3)What should be done? First, the obvious: prosecute and imprison those involved, as high up in the organisations as necessary. Second, force cheif and other senior executives to resign. Third, impose serious fines,billions ot tens of billions of dollars, particularly for the worst violations, such
as aiding Iran's nuclear programme. Finally, tighten oversight. But, above all, we need to recognise that over the past 30years, banking has become criminalised in a way that threatens global stability. the time has come to use the same law enforcement tools that are used in fighting large-scale, organised crime.(source-Hindustan Times Monday, July 23, 2012)
(4)Most large-scale corporate corruption cases usually involve the use of legal entities to conceal ownership and control of corrupt proceeds. Nor will it mean more tax compliance, better quality
products and services for consumers, or better human resources practices.
Above all, it will not meet the ends of social justice through more
equitable distribution of corporate incomes, both within companies and externally.(source-Hindustan Times Tuesday, July 10, 2012)
(5)
(6)
(7)
(8)
(9)
(10)
(2)wages are rising by more than 10% a year as blue-collar workers' pay is used to drive up consumption, which plays much too small role in a driving the economy. Cheap credit produces
dangerous liquidity bubbles. Foreign demand has fallen sharply as rich countries run into problems of their own. Above all, chinease leaders know that they need to steer the country away from the volatility of the past five years-big boom in 2007, slump in late 2008, revival in 2011, and now a slowing down again.(source-Hindustan Times Monday, June 16, 2012)
(3)What should be done? First, the obvious: prosecute and imprison those involved, as high up in the organisations as necessary. Second, force cheif and other senior executives to resign. Third, impose serious fines,billions ot tens of billions of dollars, particularly for the worst violations, such
as aiding Iran's nuclear programme. Finally, tighten oversight. But, above all, we need to recognise that over the past 30years, banking has become criminalised in a way that threatens global stability. the time has come to use the same law enforcement tools that are used in fighting large-scale, organised crime.(source-Hindustan Times Monday, July 23, 2012)
(4)Most large-scale corporate corruption cases usually involve the use of legal entities to conceal ownership and control of corrupt proceeds. Nor will it mean more tax compliance, better quality
products and services for consumers, or better human resources practices.
Above all, it will not meet the ends of social justice through more
equitable distribution of corporate incomes, both within companies and externally.(source-Hindustan Times Tuesday, July 10, 2012)
(5)
(6)
(7)
(8)
(9)
(10)
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