Warren Buffet

There are many things that go on in this complex world. Not seen and not sanctioned as happened in this case. Involving the subsidiary of a major US company who did not know of the subsidiaries activity. However that activity deliberately thwarted rules in place by the US Government but its parent company guidelines. It carried out these now illegal activities prior to the sanctions coming into place. The amount involved was also not that large amounting to 300k however it is the principle that counts. It set out to circumvent these guidelines deliberately. They tried to hide the transactions by setting up false accounts, invoices and hod interaction.Hoping the sanctions would eventually be lifted was their belief. As a result they would be in a prime place to benefit.

However, all they managed to achieve was a look at their activities by tip-off. They also placed themselves and their parent company who was not aware in hot water.

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Mike is our Business Reporter who also used to make pop-up adaptations of Plato’s work. Mike strongly believes that Business should be recognized as an independent category of philosophy. That’s probably because he actually attended the IE University and double-majored in Philosophy and Business Analytics, so it’s hard to dispute. Growing up in a household of university professors, Mike has always been innovative with the knowledge that the world offered to him. He covered subjects such as finance, money, economic issues, stock market data for The Vault, Money Aim, RIS Media, and The Realtor. We were, however, surprised when Mike agreed to be our independent Business Reporter, since he used to claim he didn’t know what to do in media. This was false, he's just too humble. Email:isaacson@americatonight.net


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