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After 3 years, both banks were put into bankruptcy, a new nationalized bank was created and the assets of the two bankrupt banks and the bank accounts of local account holders were transferred to the new bank and the local depositors were made whole by stealing about $180 million of money belonging foreign depositors, who lost their entire savings.
Pages in category "Business ethics cases" ... This list may not reflect recent changes. A. Airborne (dietary supplement) B. Bank of Credit and Commerce International;
Here are 2022's top legal cases in business December 28, 2022 at 1:55 PM Precedent-setting legal battles played out across the country in 2022, laying out new rules and expectations for businesses ...
Goldman Sachs Tower at 30 Hudson Street in Jersey City.. Goldman Sachs, an investment bank, has been the subject of controversies.The company has been criticized for lack of ethical standards, [1] [2] working with dictatorial regimes, [3] close relationships with the U.S. federal government via a "revolving door" of former employees, [4] and driving up prices of commodities through futures ...
If faced with regulatory opposition, Uber called for public support for its service and mounted a political campaign, supported by lobbying, to change regulations. [1] Uber argued that it is "a technology company " and not a taxi company, and therefore it was not subject to regulations affecting taxi companies. [ 1 ]
Democrats on the Senate Judiciary Committee have proposed legislation that would impose a new ethics code on the court, with lawmakers saying they are being forced to act because of the justices ...
The Minister of Health, Elena Salgado, claimed that the new promotion and the new sandwiches, averaging over 970 calories each, violated the accord. [ 12 ] [ 17 ] The head of Spain's food regulatory body, Felix Lobo, stated a legal case could be made against Burger King for "illegally failing to comply with a contract".
Placards and a papier-mâché Jeff Bezos head at London "Make Amazon Pay" protest in 2021. Amazon has been criticized on many issues, including anti-competitive business practices, its treatment of workers, offering counterfeit or plagiarized products, objectionable content of its books, and its tax and subsidy deals with governments.