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Matters Financial |
29 December 2003
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Mad Cow Likely to Damage US Exports
The US had its first case of Mad Cow Disease, more scientifically named bovine spongiform encephalopathy [BSE]. There are links between that and Creutzfeldt-Jakob Disease [CJD], which causes death in a matter of a year or so and has no known cure. The pity is the disease could have been prevented all over the world and was not. Click here to read more.
NYSE Wants its Money Back
The New York Stock Exchange wants its former chief, John Grasso, to give back some $50 million that it paid him. He says he's entitled to more. Normally, one has little patience with greedy business types. Here, though, the NYSE needs to admit it screwed up and pay the price. Click here to read more.
Italy's Parmalat is Bankrupt
Squeaky clean is hardly the description of the Italian business world, or any other nation's for that matter. However, the shenanigans at Parmalat, the Italian-based dairy conglomerate, are leading some to call it Europe's Enron. It is not. Click here for more.