How McKinsey Has Helped Raise the Stature of Authoritarian Governments – get yer popcorn ready. make sure it’s the #malaysiaboleh flavour
The Edge Malaysia: Malaysia files criminal charges against Goldman Sachs over 1MDB –
Malaysia on Monday filed criminal charges against three subsidiaries of Goldman Sachs Inc over their handling of bonds totalling US$6.5 billion issued by 1Malaysia Development Bhd (1MDB).
While it has in the past paid hefty fines in several countries over wrongdoings and employees have been charged criminally, this is possibly the first time that any country has filed criminal charges against the US investment banking giant itself.
According to the charge sheets filed in a Kuala Lumpur court obtained by theedgemarkets.com, the primary target is Goldman Sachs International (UK) which had arranged the sale of the three bonds — two in 2012 and one in 2013.
Two other Goldman units — Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC — were charged with abetting Goldman Sachs International in the omission of material information and the publishing of untrue statement in the offering circulars for the bonds.
A Complete Guide To All 17 (Known) Trump And Russia Investigations – for those, like me, who’ve lost count.
[Brexit stuffs] Nine Lessons of Brexit and
Across the world Anglophilia is giving way to Anglobemusement: The biggest worry is not that the world’s view of Britain is changing. It is that this darker view of Britain is more realistic than the previous one. The Brexit vote could almost have been designed to reveal long-festering problems with the country: an elite educational system that puts too much emphasis on confidence and bluff and not enough on expertise; a political system that selects its leaders from a self-involved Oxbridge clique; a London-focused society that habitually ignores the worries of the vast mass of British people; and a Conservative Party that promotes so many pompous mediocrities. The reason Brexit is doing so much damage is not just that it is a mistake. It is a reckoning.
Saudi Arabia Declares War on America’s Muslim Congresswomen – It should be little surprise that America’s authoritarian allies have responded with panic and fear to voices like Tlaib and Omar. These regimes have always benefited from the false choice they present to policymakers in the West—in Muslim countries, they say, extremists are the only alternative to dictators. That argument is eloquently undermined by American politicians who share those regimes’ religion, but not their cynicism about democracy.
I just got back from pantai timur. I feel like there’s a travel post coming, but in the meantime, enjoy this random kitty at the one of the markets.
hipsterbabas 