“Scam” is an evoactive word. It conjures up images of this or that injustice, criminal or immoral act. Looking at scams can help us clarify the ethics of what is right and what is wrong, especially when we are talking about money. So here’s a look at a video that i was sent recently, in which the…
Word from the street is that HSBC is “near $1.9 billion settlment over money laundering”. The US government is cracking down on money laundering generally, and HSBC is a high-profile target after some subsidiaries revealed less-than-appropriate dealings. Standard Chartered “agrees to settle Iran Money Transfer Claims” is the headline of a New York Times article that…
The world is going to end but you can save yourself by subscribing to… These self-help newsletters, websites and email lists are getting a little bit carried away with themselves.
There has been much discussion in media about the Australian banks’ reactions to the Reserve Bank’s increase in the official cash rate to 3.75% on the 2nd December. The broad thrust of comment is that Westpac is being ‘unfair’ in raising their interest rates further than the level of the official rate rise. The other…
