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The speculation was that Merck wanted to force concessions out of Bayer, trading control for choice businesses or patents from Bayer or Schering.
Talk to today's hot software companies hoping to IPO about why it is trading control for dough, though.
Similar(58)
Instead, the mistakes have been uncomfortably simple ones.The first widespread weakness is poor trading controls.
So the inquiry did not go much beyond the direct management of Mr. Rusnak and the lack of trading controls.
On at least one occasion in late 2006 or early 2007, the person familiar with the trading controls said, Mr. Kerviel made a 500,000-euro profit on an unspecified one-way bet.
Regulators should not be afraid to act firmly to define and enforce standards for market surveillance and trading controls across venues and asset classes.
PARIS — Someone well acquainted with the trading controls at Société Générale said it was "inconceivable" that Jérôme Kerviel's immediate supervisors were not alerted after his trades set off alarm bells at Eurex, the derivatives exchange based in Frankfurt.
What remains of the Foreign Exchange and Foreign Trade Control Act still discourages foreign investment.
From next April the Foreign Exchange and Foreign Trade Control Act will be largely consigned to history.
No breaches of trade control laws have occurred involving research agencies or universities under the current regime.
This spring, for instance, a law was passed that will all but repeal the Foreign Exchange and Foreign Trade Control Act.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com