USA AIR NZ HEAD SAL SAN FILIPPO FACES PROSECUTION IN NZ
The High Court (equivalent to our Supreme Court) this week ruled that Sal San Filippo must stand trial with five other colleagues in New Zealand for “anti-competitive” behavior. Granted that his bosses fought hard to have him removed as a defendant (the opposite of what happened to Bruce McCaffrey of Qantas) it amazes me with [...]
ALLEN STANFORD, A BUDDY FOR BERNIE MADOFF
This guy had been watched by the SEC for the past ten years even though his Caribbean banks for years were a major launderer of drug money and being off-shore tax havens. Sir Allen, as he is known (three years back he was knighted by a Caribbean banana republic, Antigua) has joined good old Bernie [...]
Lehman Brothers vs SAS
This week Timothy Pfeil, a two year employee of SAS between 2005 and 2006, has been sentenced to six months in jail for price fixing and joins ex`Qantas cargo executive, Bruce McCaffrey in the big house. Pfeil, formerly of Lufthansa, is just like the rest of the airline cargo executives, mere pawns in the fuel [...]
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