Archive for August 22nd, 2012

22 August 2012

Asil Nadir: the SFO finally hits a home run

Asil Nadir has today been found guilty of 10 counts of theft. The SFO press release gives a comprehensive account of the Polly Peck background, the prosecution case and the 22 year investigation. Mr Nadir will be sentenced tomorrow.

UPDATE 23 August 2012: Mr Nadir has been jailed for 10 years – ITV News.

See also: SFO drops disastrous Tchenguiz investigation

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22 August 2012

Rory Stewart on walking with Bruce Chatwin

From the New York Review of Books, June 2012.

“Today, however, Chatwin’s fictions seem more transparent. We may not be too surprised to discover the journeys with nomads for which he “quit his job,” and which John Lanchester admired, were brief interludes in a period more accurately described as Chatwin getting married and becoming an undergraduate at Edinburgh University.

22 August 2012

FSA consults on banning the promotion of UCIS and similar products to ordinary retail investors

FSA press release here and consultation paper here. The consultation closes on 14 November 2012. From the press release:

22 August 2012

Steve Jobs Stanford Commencement address, June 2005

Here.

“Sometimes life hits you in the head with a brick. Don’t lose faith. I’m convinced that the only thing that kept me going was that I loved what I did. You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work.

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