News links for 16 February 2013
Finmeccanica chairman resigns after arrest in corruption scandal | Reuters
"Giuseppe Orsi, the chairman of Italian air defense group Finmeccanica who was arrested this week over his alleged involvement in a corruption scandal, has resigned his position, Orsi's lawyer said on Friday."
Video: Senator takes embarrassed bank regulators to task - Telegraph
"Senator Elizabeth Warren in her first public appearance as a member of the Senate Banking Committee makes federal regulators look distinctly uncomfortable for failing to take banks to court over financial abuses."
Xoom Soars in Trading Debut - WSJ.com
"Investors banking on the latest advances in international money transfers bid up shares in the IPO of Xoom Corp., which lets customers wire cash across bo...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.