Weil’s Views on Finance

Serbian PM says told coalition that finance minister should go

A tribunal found the firm and a partner had displayed a persistent and, in our view, deliberate disregard for proper accounting practice. No worries, though. Deloitte will pay whatever fine it must, and then move on to the next scandal. Yet another sign were in a Fed-fueled bond bubble Investors are pumping money into junk bonds globally at the fastest pace ever while tempering their enthusiasm for higher-rated debt, demonstrating a preference for yield over stability, writes Lisa Abramowicz of Bloomberg News. Remember what Chuck Prince said in 2007 when he was boss at Citigroup: As long as the music is playing, you have to dance.

GE Capital Retail Finance Celebrates 80 Years of Consumer Financing

“Economy and finance are the most important issues for the future of Serbia and we need an additional impetus here. We have no time for mistakes,” Dacic said. Dinkic’s departure from the year-old government would likely unnerve investors worried about Serbia’s growing budget gap and public debt, which have all but scuppered hopes of a new precautionary loan deal with the International Monetary Fund. “This is very bad timing given that global markets are still quite nervous and I think still there’s a bit of a question about the budget financing story anyway,” Standard Bank analyst Timothy Ash told Reuters. “I don’t think Dinkic himself was absolutely central but his participation and his party’s participation in the coalition was important to counterbalance the center-left Dacic,” he added.

The East Hampton Democratic Campaign Committee filed a formal complaint with the New York State Board of Elections on Monday. In a letter faxes to the enforcement division of the campaign finance unit in Albany, Christopher Kelley, the Democratic campaign chairman, claims Stanzione filed “a false campaign finance report.” He pointed to four advertisements in The East Hampton Star and other local newspapers, as well as on East Hampton Patch. “It is our understanding that both the expenditures for the ads and the source of the funds to pay for them are required to be disclosed in the periodic campaign finance report,” he wrote. “Even if the ads were donated, they would have to be reported as contributions in-kind and the donors name disclosed.” By phone Monday afternoon, Stanzione acknowledged an issue with his latest finance report and said he paid for the ads with personal funds as a loan to his campaign, he said. A professional treasurer, whom he recently hired, with the firm Campaigns Unlimited brought the problem to his attention about a week ago, he said, after reviewing the report. The firm is making the appropriate adjustments, he said.

Democrats File Complaint Over Stanzione’s Campaign Finance Report

Thank you for working with Lowes and our customers to help grow our business over the years by always looking for new ways to improve. Today, more than ever, private label credit cards and special financing programs play a significant role in building business for the retailer and stimulating customer loyalty and satisfaction, said Margaret Keane, CEO and president, GE Capitals Retail Finance business. Beyond the eight decades of consumer financing expertise, we bring innovative solutions to our clients, including deep industry knowledge, marketing and analytic capabilities, and tools that help them enhance sales and service. As it has for the past 80 years, GE Capitals Retail Finance business continues to: Provide billions of dollars in consumer financing through major retailers and more than 200,000 small- and mid-sized businesses throughout the United States. Serve business owners across nearly 20 industries, including apparel, appliances and consumer electronics, art, automotive aftermarket, home furnishings, elective healthcare, floor covering, home improvement, jewelry, music, online retailers, outdoor power equipment, powersports, sporting goods, and many others. Support clients with proprietary online technology such as BusinessCenter, which includes service, marketing and sales tools, as well as Learning Center, providing businesses with access to comprehensive training for their teams on consumer financing.

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