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1 Mar 2017, 9:30 am by Legal Beagle
  As summarised in an Isle of Man judgment, the scheme resembled a “Ponzi” scheme in that apparent repayments to HC were in fact funded in a circular way by HC itself:  see paragraph 30 of the judgment of His Honour Deemster Corlett, Heather Capital Limited v KPMG Audit LLC, 17 November 2015. [9]        A third party, Nicholas Levene, was a participant in the scheme. [read post]
13 Dec 2009, 8:58 pm by smtaber
— Eric Johnston, The Japan Times, December 9, 2009 After the debate over emissions reductions targets, but very much connected to it, the question of how much it will cost to mitigate environmental disasters in the poorest countries — and how much money will be needed to help them get technology and financing to adapt to worsening weather patterns — is a key element of the Copenhagen climate talks. [read post]