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Inverlink Case
Inverlink was one of the most aggressive financial groups in Chile at the beginning of the 2000s. The group was engaged in pension fund administration, general insurance, private health care insurance, mutual funds and stocks, and leasing. Inverlink's firms included Inverlink Corredores de Bolsa, Inverlink Administradora General de Fondos, Inverlink Leasefactors, Inverlink Hipotecaria, Inverlink Consultores, Inverlink Asset Management and Inverlink USA. The holding also owns 75.5% of private pension fund manager AFP Magister and owns healthcare insurer Vida Plena. 2003 Pamela Andrada, the secretary of Central Bank of Chile chairman Carlos Massad, was sacked and put under investigation after she was surprised sending e-mails containing confidential insider information from Massad's computer to Inverlink's ex-Chief executive officer, CEO Enzo Bertinelli. During the probe was discovered that Inverlink had also been bribing an employee at CORFO, the state economic-development agency, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Chile
The Central Bank of Chile ( es, Banco Central de Chile) is the central bank of Chile. It was established in 1925 and is incorporated into the current Chilean Constitution as an autonomous institution of constitutional rank. Its monetary policy is currently guided by an inflation targeting regime. History Starting in the mid-19th century, private banks started to thrive in Chile, spurring growing concerns over the control of payment methods and persistent inflation. To this end, the government hired a mission led by economics professor Edwin Kemmerer of Princeton University and based the nascent central bank's structure in one of the mission proposals. In August 1925, the Central Bank of Chile (CBoC) was created through Decree Law 486, which also established the bank's monopoly for issuing bank notes under a gold standard regime. A degree of independence to avoid capture by the public or private sectors was implicit in its ten-member board structure. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Massad
Carlos Alberto Massad Abud (29 August 1932) was a Chilean politician and economist who served as minister and was two-times president of the Central Bank of Chile. In 1982, he was involved in the economic scandal of the Bank of Talca alongside Sebastián Piñera Miguel Juan Sebastián Piñera Echenique OMCh (; born 1 December 1949) is a Chilean billionaire businessman and politician who served as president of Chile from 2010 to 2014 and again from 2018 to 2022. The son of a Christian Democratic polit .... References External links Profile at the University of Chile Faculty of Economy 1932 births 20th-century Chilean politicians 21st-century Chilean politicians Christian Democratic Party (Chile) politicians University of Chile alumni University of Chicago alumni Living people {{Chile-politician-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CORFO
The Production Development Corporation (CORFO, from es, Corporación de Fomento de la Producción de Chile) is a Chilean governmental organization that was founded in 1939 by President Pedro Aguirre Cerda to promote economic growth in Chile. Originally, CORFO was responsible for the creation of basic industries during the Presidential Republic Era, namely oil, power, steel, sugar, transportation among many others (see Economy of Chile). CORFO oversees a variety of programs aimed at generating the economic development of Chile, through the promotion of inward investment and the advocacy of competitiveness In economics, competition is a scenario where different economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm ... for domestic companies. CORFO’s main areas are Quality and Productivity, Innovation and Investment Promotion. References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Court Of Chile
The Supreme Court of Chile is the highest court in Chile. It also administers the lower courts in the nation. It is located in the capital Santiago. In the Chilean system, the court lacks the broader power of judicial review—it cannot set binding precedent or invalidate laws. Instead, it acts on a case-by-case basis. Trials are carried out in ''salas'', chambers of at least five judges, presided over by the most senior member. Membership The members of the Supreme Court are appointed by the President from a list of five choices prepared by the sitting members of the court. Two of the choices must be senior judges from appellate courts; the other three may have no judicial experience. The president's choice must then be ratified by a two-thirds majority of the Senate. Supreme Court justices must be at least 36 years old. Once appointed, a Chilean Supreme Court justice is entitled to remain on the Court until the compulsory retirement age of 75. The only exception is if a justic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipal Council
A municipal council is the legislative body of a municipality or local government area. Depending on the location and classification of the municipality it may be known as a city council, town council, town board, community council, rural council, village council, or board of aldermen. Australia Because of the differences in legislation between the states, the exact definition of a city council varies. However, it is generally only those local government areas which have been specifically granted city status (usually on a basis of population) that are entitled to refer to themselves as cities. The official title is "Corporation of the City of ______" or similar. Some of the urban areas of Australia are governed mostly by a single entity (see Brisbane and other Queensland cities), while others may be controlled by a multitude of much smaller city councils. Also, some significant urban areas can be under the jurisdiction of otherwise rural local governments. Periodic re-alignm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Pintana
La Pintana is a commune of Chile located in Santiago Province, Santiago Metropolitan Region. La Pintana is home to Antumapu, the agricultural and veterinary sciences campus of University of Chile, Chile's oldest university. Demographics According to the 1999 census of the National Statistics Institute, La Pintana spans an area of and has 190,085 inhabitants (94,963 men and 95,122 women), and the commune is an entirely urban area. The population grew by 12.1% (20,445 persons) between the 1990 and 1999 censuses. The 2006 projected population was 201,183. Stats *Average annual household income: US$23,576 ( PPP, 2006) *Population below poverty line: 17.2% (2006) *Regional quality of life index: 73.29, medium, 30 out of 52 (2005) *Human Development Index: 0.679, 171 out of 341 (2003) Administration As a commune, La Pintana is a third-level administrative division of Chile administered by a municipal council, headed by an alcalde who is directly elected every four years. The 2012-2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Tercera
''La Tercera'' ( es, The Third One), formerly known as ''La Tercera de la Hora'' ('the third of the hour'), is a daily newspaper published in Santiago, Chile and owned by Copesa. It is ''El Mercurio''s closest competitor. ''La Tercera'' is part of Periódicos Asociados Latinoamericanos (Latin American Newspaper Association), an organization of fourteen leading newspapers in South America. History The newspaper La Tercera was founded on July 7, 1950 by Picó Cañas family. In the beginning it was called La Tercera de la Hora, as it was the evening edition of the now defunct newspaper ''La Hora''. Later in the 1950s it left aside its connection with La Hora to become a morning paper. Initially, La Tercera was linked to the Radical Party, but in 1965 this association was ended, and it became independent of any political party, system of government or religious confession. In 1970, the newspaper was one of the staunchest opponents to the government of Salvador Allende and in 1973 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
