Long Arm Of US Law Reaches Across The Pond To Freeze Stanford Assets

By: Ainsley Brown The US securities regulator, the Securities and Exchange Commission (SEC), has extended its long arm yet again. This time it was as a part of an operation to locate and then freeze the personal and company assets of Sir Allen Stanford and his Stanford International Bank (SIB). Mr. Stanford – oh sorry I should say Sir Allen

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Take Over Talks Between IBM And Sun Microsystems Collapse

By: Ainsley Brown In what would be the largest acquisition in IBM’s history, talks to take over its rival Sun Microsystems have collapsed. The deal worth an estimated $7 billion broke off after Sun Microsystems’ dissatisfaction with the share price IMB was offering consequently it terminated IBM’s exclusive negotiating status. In response IBM withdrew its offer. All of this could

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UK Oil Company Accused Of Trying To Buy Witnesses

By: Ainsley Brown It is situations like these that simply go to fuel the general public distain for multinational. I guess the one positive thing that comes out of this and other similar situations is that it provides ample material for Michael Moore– esque films – just great entertainment. Despite the entertainment value of such films they often depict the

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German Multinational Loses Teapot Battle

By: Ainsley Brown It is an understatement to say that the English take their tea very seriously. And it is little wonder why a small teashop in Surrey, England, even when faced with potential financial ruin, would not back down from a much larger German multinational. This is a tale about tea better yet teapots; a David and a Goliath;

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