Tag: Payback

Banks

The Bipartisan Push to Claw Back Pay From Failed Bank Executives | The Smirking Chimp

Will we see this happening here or will we continue with the Socialism for QANTAS model and the generosity given to Alan Joyce?

Senator Warnock recently described this disparity well. “I pastor in communities where poor and marginalized people have the full weight of the law come down upon them for the smallest infractions,” he said. “When bankers made risky bets that endangered our whole economy, they got to cash in. They should be held accountable.”

Source: The Bipartisan Push to Claw Back Pay From Failed Bank Executives | The Smirking Chimp

China

How the ‘Five Eyes’ cooked up the campaign to kill Huawei

A new Great Game was afoot and the West had been slow to act. But it is acting now.

Operation hang up on Huawei: how it happened

February 24 – Malcolm Turnbull lobbied by US spy agencies to ban Huawei and ZTE from Australian 5G network
August 19 – Turnbull rings US President Donald Trump and tells him of the Huawei, ZTE ban
August 23 – Australia announces Huawei, ZTE ban
August 24 – Turnbull dumped as Prime Minister
October 29 – Mike Burgess explains decision to ban “high risk vendors” from 5G, cites risks to critical infrastructure
November 21 – White House slams China for increasingly frequent cyber attacks
November 27 – New Zealand bans Huawei citing “significant network security risk”
December 1 – Huawei executive Meng Wanzhou arrested in Vancouver
December 7 – British Telecom says it will strip Huawei equipment out of its 3G and 4G networks and will not use in 5G

via How the ‘Five Eyes’ cooked up the campaign to kill Huawei