Search for IMF head stirs nations' ambitions

Article Abstract:

Paul Martin, Canada's Finance Minister, has been identified as a possible successor to Michael Camdessus, the retiring head of International Monetary Fund. But Mr. Martin, who chairs the Group of 20, has denied that he would accept the nomination to head the IMF.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Population information, Banking industry, International Monetary Fund, Banks (Finance), Appointments, resignations and dismissals, Martin, Paul (Canadian government official), Camdessus, Michel

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Ebbers indicted as master of huge fraud: Former WorldCom head faces 3 charges

Article Abstract:

The US government has unveiled criminal fraud charges against former WorldCom. Inc CEO, Bernard Ebbers. A 31-page indictment was filed in the US federal court in Manhattan in March 2004 that alleges Mr. Ebbers along with former chief financial officer Scott Sullivan for cheating investors into thinking that WorldCom was a thriving telecommunications giant instead of the financial basket case it really was in an $11-billion series of accounting tricks.

Communications, Broadcasting and Telecommunications, Telephone Communication, Executive changes & profiles, Telecommunications services industry, Telecommunications industry, Investigations, Communications industry, Chief executive officers, MCI Inc., Ebbers, Bernard J., MCIP

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Ottawa braces for long fight to recoup duties

Article Abstract:

Canadians believe that winning the software lumber case against the US would mean an automatic refund of the $3.6-billion in duties that Canadian lumber companies have dispensed. But the Bush administration has implied in its legal filings that if it loses a pending appeal, its only obligation under US trade law would be to offer prospective relief in the form of lifting 27.2 percent duty on all future Canadian lumber shipments.

United States, Sawmills and Planing Mills, Lumber industry, Lumber and wood industry software

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