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Latest Government Statistics News

Lies, damned lies and poverty statistics
Misleading government statistics can have devastating effects. Two former chancellors of the exchequer, whose lives we've been remembering in recent days, could certainly have testified to that. Geoffrey Howe could have cut interest rates earlier and ...
Read more on The Times (subscription)

'Poor' results in government poverty report?
... the 2014 Hong Kong Poverty Situation Report, government officials including Chief Secretary Carrie Lam began giving themselves pats-on-the-back for the “record-setting” low number of people now living under the poverty line. Government statistics ...
Read more on Hong Kong Free Press

Tanzanias Election Crackdown on Dissent
Under the Statistics Act, passed in March, anyone, including the media, who publishes statistics related to the Tanzanian government without approval from the National Bureau of Statistics (NBS) could face heavy fines or even jail. That's the immediate ...
Read more on Daily Beast

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Ex-Rabobank trader arrested in Australia

Ex-Rabobank trader arrested in Australia
A former Rabobank trader charged by US authorities with allegedly manipulating Libor, the benchmark interest rate, has been arrested, according to Australian authorities. Paul Thompson, an Australian who was the Dutch bank's head of money market and ...
Read more on Financial Times

Today's Market Is All About That Central Bank Stimulus
This bull market in stocks is unlikely to carry on indefinitely regardless of central bank rate manipulation and monetary stimulus. That said, trendlines and other market internals give us the best indication of near-term risk preferences. It follows ...
Read more on Investorplace.com

CFTC chief outlines proposals to fight market disruptions
New rules that prevent new forms of illegal behavior, such as spoofing and other types of market manipulation, are being enforced. The CFTC this week brought spoofing charges against a Chicago firm, 3 Red Trading. The moves come as the CFTC has been ...
Read more on MarketWatch

Tony Blair's discusses the Iraq War and ISIS in CNN interview
As a master of public relations and media manipulation, Blair may have calculated that since Chilcot is likely to accuse him of major errors of judgment, it is better for him to volunteer an apology now, rather than be forced to do so if, as seems ...
Read more on Daily Mail

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Latest Hedge Fund Corruption News

Elizabeth Warren's Intellectual Purge
And what is former Federal Reserve Chairman Ben Bernanke doing at Brookings while he's also a senior adviser to Citadel, the giant hedge fund? Are his monetary musings corrupt too? Studying regulation used to be a bipartisan exercise. Thanks to ...
Read more on Wall Street Journal

TeliaSonera AB – Muddy Waters Open Letter To The Board
It appears that TeliaSonera made corrupt payments in Uzbekistan exceeding SEK 3.1 billion (US$ 380 million).2,3 Uzbekistan appears to be only the tip of the iceberg. We estimate – perhaps conservatively – that TeliaSonera could have made corrupt ...
Read more on ValueWalk

Corruption Currents: Activists Find Accidental Hedge-Fund Ally
A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk & compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on Twitter at @WSJRisk ...
Read more on Wall Street Journal (blog)

One Company Is Making a Killing on Brazil's Sinking Real
JBS is best known to the outside world as the company that gobbled up Pilgrim's Pride as part of a $ 20 billion acquisition spree, but inside Brazil's financial circles, those currency bets have earned it another nickname: The hedge fund that sells meat ...
Read more on Bloomberg

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Cracking the shells

Cracking the shells
So it has proved as Elliott Management looks to enforce court rulings demanding that Argentina cough up $ 2 billion it owes to the hedge fund. ... Elliott is confident it can build a clear picture of the alleged fraud and use it to claw back some of ...
Read more on The Economist

Noe's bid for clemency rejected
Some of Noe's supporters have argued that his 2006 sentence was overly harsh compared to the 12-year federal sentence for investment fraud that Pittsburgh broker Mark D. Lay received for losing $ 216 million of BWC money in a risky Bermuda hedge fund ...
Read more on Toledo Blade