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Trust Digest 136 (April 19, 2016)
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Trust Digest 136 (April 19, 2016)
Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage bond pact
Goldman Sachs Group Inc (GS.N) has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday.
Key Words: Goldman Sachs, Mortgage Bond Investors, US Department of Justice
Trust Issues: Security, Predictability, Integrity, Benevolent Concern
Billionaires From Brazil And Mexico Named In The Panama Papers Leak
More names of the superwealthy clients of Panama law firm Mossack Fonseca have been made public. Five billionaires from Brazil, the sons of two Brazilian billionaires (including the son of Brazil’s richest man, Jorge Paulo Lemann), and four former billionaire families in the country have been exposed as a result of the Panama Papers leak.
Key Words: Panama Paper Leak, Mossack Fonseca, Brazil
Trust Issues: Relative Power, Security, Integrity, Predictability
Supreme Court Declines to Hear Google Books Case
The Supreme Court on Monday declined to intervene in a case examining whether Alphabet Inc.’s Google engaged in copyright infringement when it scanned millions of books and made them searchable online, a final blow to authors who sued the company.
Key Words: Supreme Court, Google Books, Alphabet Inc.
Trust Issues: Security, Predictability, Integrity, Benevolent Concern
PepsiCo Warns of Weakening Global Economy
PepsiCo Inc. warned the global economy appears to be weakening, singling out South America and Eastern Europe in particular, even as its first-quarter results topped Wall Street expectations.
Key Words: PepsiCo, Global Economy, Frito Lay, Beverages
Trust Issues: Relative Power, Security, Integrity, Predictability
The Supreme Court seems 'deadlocked' over one of Obama's signature actions, and it could mean a big defeat
The Supreme Court appeared "deadlocked" over President Barack Obama's plan to provide work permits to millions of immigrants who are in the country illegally, multiple outlets reported.
Key Words: Supreme Court, Obama, Work Permit, Illegal Immigrants
Trust Issues: Relative Power, Security, Adjustment, Capability
GOP chief dismisses Donald Trump’s 'hyperbole' after threat of a 'rough July'
The head of the Republican National Committee on Sunday discounted the "rhetoric" of his party's presidential frontrunner, Donald Trump, about what Trump has called a "rigged" system that's used to pick the party's presidential nominee.
Key Words: GOP, Donald Trump, Republican National Committee
Trust Issues: Benevolent Concern, Integrity, Adjustment, Capability
China’s Vaccine Scandal Threatens Public Faith in Immunizations
First the news rippled across China that millions of compromised vaccines had been given to children around the country. Then came grim rumors and angry complaints from parents that the government had kept them in the dark about the risks since last year.
Key Words: China, Vaccine Scandal, Immunization, Xi Jinping
Trust Issues: Security, Adjustment, Capability