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Monthly Archives: December 2010
Flying blind – FAA Recordkeeping is disarray (US)
The Federal Aviation Authority says as many as 119,000 of the 357,000 U.S.-registered aircraft have “questionable registration” due to missing paperwork, invalid addresses and other innacuracies. Maybe planes need plates Just when you might have been feeling secure in your … Continue reading
Posted in Breakdowns in Accountability, Inadequate Systems, Incomplete records
Tagged Aviation
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Lehman derivatives records a mess: Barclays’ exec
Barclays had no idea how big Lehman Brothers Holdings Inc’s futures-and-options trading business was when it considered taking over the defunct bank’s derivatives trades at exchanges in 2008, a Barclays executive said. “Lehman’s books were in such a mess that … Continue reading
