Post by
merriam on Nov 04, 2015 6:42pm
Wall St. Journal article "reads like... Heart of Darkness"
The Wall Street Journal has written an interesting article on Banro, "How a BlackRock Bet on African Gold Lost Its Luster". Here is a quote which gives a taste of the main points considered:
"Banro’s current CEO, John Clarke, a board member now and at the time, wrote in a September email that Banro can’t disclose why his predecessor left and that it is “complete nonsense” that there were internal corporate-governance concerns. He said Banro didn’t make any improper payments and wasn’t involved in the deaths locals allege."
Here are a few excerpts from the article's comment section:
"Tell me how can Banro follow "Conflict free standards", when they are the catalyst for the conflict!"
"A very intriguing article that reads like Joseph Conrad's "Heart of Darkness"."
Biased and worth a read.
Comment by
ChiefCommander1 on Nov 07, 2015 10:18am
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