2011.10.16

News Headlines - 16 October 2011

▽Ex-Olympus chief questioned payments - Financial Times
http://www.ft.com/intl/cms/s/2/87cbfc42-f612-11e0-bcc2-00144feab49a.html#axzz1axRF5haT
Olympus’ own auditors had privately identified problems with the Gyrus transaction, the documents show. KPMG, Olympus’ auditor until 2009, said in an internal report dated March that year: “In our opinion proper accounting records have not been maintained.”

▽Debt crisis plan wins G20 support - Sydney Morning Herald
http://www.smh.com.au/business/debt-crisis-plan-wins-g20-support-20111016-1lrgi.html
EUROPE'S revamped strategy to beat its two-year sovereign debt crisis won the backing of global finance chiefs, who urged the region's leaders to deal "decisively" with the turmoil when they meet for emergency talks next weekend.

▽Global protests pressure G20 - Sydney Morning Herald
http://www.smh.com.au/world/global-protests-pressure-g20-20111016-1lrhk.html
WORLD leaders are under pressure to produce a decisive plan to rescue the euro zone after a meeting of G20 finance ministers vowed that they did not want any ''contagion'' from Europe's financial crisis to affect their own economies.

▽90-plus arrested in NYC Occupy Wall Street protest - Wall Street Journal
http://online.wsj.com/article/APe38315cc21834192877e2cf3ff8961f8.html
New York police have arrested more than 90 people in connection to the Occupy Wall Street demonstrations against corporate greed.
The latest arrests came in the early morning hours on Sunday at Washington Square Park, when police took 14 people into custody for violating a midnight curfew at the park.

▽Rome cleans up devastation, asks why it happened - Reuters
http://www.reuters.com/article/2011/10/16/us-protests-italy-idUSTRE79F12120111016
Workers cleaned up the wreckage from some of Rome's worst riots in years on Sunday and citizens asked why their city was the only one in which global demonstrations turned violent.


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