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The scene is legendary: Humphrey Bogart and Ingrid Bergman, eye to eye, to say goodbye. Then a detail: the famous American actor wears a trench coat of the British brand Burberry. It is this image of one of the last minutes of the film Casablanca, released in 1942, which is causing a standoff between the brand and the heirs of Humphrey Bogart.

They have filed a complaint this week against Burberry, alleging that it had used this image without their consent on Twitter and in the timeline of the brand on Facebook. "Burberry needed the permission of Bogart representatives to use the name of Humphrey Bogart," said the lawyer of the heirs, Michael O. Crain. The specific brand, meanwhile, have been contacted at least three times since last month by the heirs of the actor, who made a "significant financial request."

For Stephen Bogart, son of famous actor, Burberry has acted in a "disrespectful and incredibly disappointing cash advance no faxing." "They apparently believe that a shoe manufacturer has the right to make a commercial with Brad Pitt because he wears them when he made his mark jogging, (…) without asking, let alone obtain their permission." , is outraged he.

Burberry wants "to illustrate his story"

But Burberry defends itself and file its own complaint against the legatees of Bogart. She claims to have obtained permission to use the photo agency Corbis. Moreover, the image was not published in a context of "sale of goods," argued the brand, but "was intended to illustrate the long history, meaning and influence of Burberry clothes on society." Facebook page of Burberry and other rub shoulders with famous wore trench brand, like Robert Mitchum in Hang me high and short, George C. Scott Patton and Meryl Streep in Kramer against Kramer.

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    From our correspondent in London

    Rupert Murdoch and his son James are roundly scolded by a British parliamentary committee responsible for a report on the scandal of the late plays of the tabloid News of the World. Rupert Murdoch "is not fit to lead a large international group," concludes the report, released Tuesday. The board deems "surprising" the allegations of Murdoch, father and son under which they would not have been in practice courtant espionage on a large scale in force in their newspapers. "Rupert Murdoch closed his eyes and demonstrated a willful blindness to what was happening in their societies and publications," the whips 121-page report, the culmination of nine months of hearings. MEPs also say that the News of the World and its publisher News International deliberately "misled the committee about the true nature and extent of the investigations they claimed to have carried on wiretapping."

    Several leaders of the media group, are also the subject of harsh criticism. His ex-CEO Les Hinton is considered an "accomplice" of concealment of practices in the home. The parliamentary committee has, however, divided on the report's findings, adopted by six votes against four. Conservative members refused to accept the judgment against Rupert Murdoch's ability to manage. Labour MP Tom Watson, spearheading the investigation, has firmly told the opposite: "News International has conducted a cover-up scale of its illegal actions. Its top leaders have lied to parliament repeatedly. And the two men at the head, Rupert and James Murdoch, should now respond to these facts. They have corrupted our country to shame our police and our parliament. They lied, cheated, practiced blackmail and intimidation. "

    David Cameron called

    The report leaves the House of Commons to decide on possible sanctions, which could involve the convening of Rupert Murdoch for a public apology. It is an embarrassment media mogul facing some of its shareholders, especially Americans, tired of the damage inflicted by News Corp. in this case. The report could also weigh negatively in the review by Ofcom, the regulator of the British media, the legitimacy of the group to manage the BSkyB satellite TV bouquet, whose license could be withdrawn.

    Finally, the parliamentary report increases the pressure on David Cameron, who was summoned Monday to the House of Commons where he justified his support for his culture minister Jeremy Hunt challenged for its proximity to the leaders of the Murdoch group in reviewing the file BSkyB. Tom Watson claimed that the Prime Minister and his predecessors Tony Blair and Gordon Brown, the court submit to their email exchanges with the leaders of the Murdoch group.

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    Not only the Bank of France there is no crisis but it has quite widely. As a firefighter service in the euro area, as part of the federal European Central Bank, of course, have stepped up its activities last year. So it is about to transfer 3.4 billion euros to the state, whose accounts need it most.

    The governor of the Banque de France, Christian Noyer on Friday gave details on the occasion of presenting the results of the institution in 2011. 2.014 billion euros will be paid under the corporation tax, what to add 877 million as a dividend to the State, the sole shareholder. And best of all, it will receive 530 million euros that will correspond to the "emission cap" (sic). This expression, smelling the nineteenth century when paper money took off, means the value of franc banknotes that have not been translated into euros at February 18, 2012, the legal deadline for such an exchange in France.

    Our central bank, and ultimately its shareholders, thus benefits from the negligence of the French and tourists who kept their tickets now franc convertible. They are forever lost to their owners, except for numismatists.

    "More revenue but also more risk"

    But its prosperity, it must above all the inconsistencies of the governments themselves unable to control their finances. The sovereign debt crisis in Europe has indeed brought under the leadership of the ECB to intervene in markets. "Our balance sheet has increased significantly" from 481 to 709,000,000,000 euros (+47%), Christian Noyer said. But these extraordinary interventions of securities purchases are made at rates of efficiency than conventional refinancing operations of the banks money. "We have more income but also higher risk, and therefore the need to build reserves." He says.

    The Bank of France has decided to include an allocation of 2.065 billion euros in "fund for general banking risks and regulated provisions", which amounts to nearly 10 billion if we add reserves and capital itself. These provisions have cut gross profit of the Bank which in turn "has reached a historic high, at 5.650 billion euros, up 25% compared to 2010," according to the official.

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    Against finance, but not against the big bosses. The Socialist candidate for president, Francois Hollande, has reassured business leaders of the CAC 40, in an interview in Paris Matchpubliée Thursday. He was lampooned in mid-February, their salary increases "of 36% on average in 2010."

    As we approach the elections, it has softened its tone. "We will need all the forces for the country's recovery. Therefore, in the aftermath of the presidential election, I will convene the CAC 40 companies, although many of their leaders will not vote for me, he says. I tell them: "You are the spearhead of the French economy. We need you and you need the state. We face together the challenge of recovery of France "."

    The Socialist candidate was told by the president of MEDEF, Laurence Parisot, France 2 on Thursday, that the vocation of the employers' association was "to work with any government whatever." Tenors Socialist Party had in fact accused of campaigning for the incumbent president Nicolas Sarkozy free business cards.

    Francois Hollande tried several times to reassure the campaign finance and management. Visiting London, and then he gave himself to enemy "the world of finance," he said at the City he was not "aggressive" and that n ' there was "nothing to fear" if elected.

    Still, the Socialist candidate wants to increase the effective tax rate of 35% in large groups and, among other things, against the practice of stock options. "France seems to bring out the multinationals," said Denis Kessler, CEO of Scor, quoted by The Economist. For the second consecutive week, the weekly British Liberal lampooned the socialist project to tax at 75% marginal bracket the higher incomes of over one million euros.

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    A decree and a decree signed by Xavier Bertrand were published in the Official Journal on Thursday, trying to implement a solution against excess fees the most excessive.

    As expected, the Minister of Health proposes to anesthetists, surgeons and obstetricians in sector 2 (free prices) to limit their excess fees to 50% beyond the "tariff Safely." It also requires them to perform at least 30% of acts without overshoot. Nothing compulsory volunteers receive in exchange for partial support of their social contributions. In parallel, complementary health (mutual, private insurers, pension funds) are imposed the obligation to repay the overruns to keep certain tax advantages.

    The device must be expanded in the coming days. Another decree to impose additional pay as overruns in other medical specialties. With one difference: the doctors involved will commit to not charge more than 20% above the tariff Safely, on acts alone techniques (imaging, minor surgery …). They can not in practice on clinical procedures and consultations.

    Paradox: the device does not fully satisfied neither the doctors nor the supplemental insurers, not patients. While appreciating a "real breakthrough", the CSMF, the first organization of private practitioners, regrets that "practitioners of a sector is left out payday loans lenders." Even the tone of the union side, the Bloc, the majority among the surgical specialties. A sector physicians are those who do not have the right to introduce overshoot. They should stick to Safely rates. But Medicare itself recognizes that such rates, frozen for years because of funding, will not match the cost nor the time nor the level of expertise and legal risk of surgical procedures .

    Mutuality French, meanwhile, feared windfall: many surgeons already practicing anesthetists or overruns "moderate". They could grow to the the 50% tariff beyond Social Security, and receive in addition to the lightening of their burdens. Conversely, in areas with a concentration of very large excesses (Paris, Lyon, Paca …), the Mutual fears that the track is "unattractive to practitioners" and therefore ineffective. For patients without supplemental coverage (less than 10% of the population), the problem will remain the same for them.

    The solution is partial, imperfect, its success is not guaranteed. She still deserves to exist, after years of fruitless negotiations between doctors, health insurance and mutual agreements signed no tomorrow, and threats of intervention policies ever implemented.

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    The salary, all countries are not on the same wavelength. The annual survey of international recruitment firm Robert Walters (*) shows the differences. In 2011, it was better to work in Germany or Brazil in the UK.

    Germany, China, Brazil, Australia have indeed seen increased hiring and salaries of managers. The United Kingdom registered a decrease in compensation of 10%. In France, the pay increase was zero. The observation conceals extremes.

    "In the first quarter, experienced managers have benefited from the carrier dynamics and wage inflation, making up two years of stagnation, and that in all trades and all sectors, says Antoine Morgaut, CEO Continental Europe and Latin America by Robert Walters. September marked the return of uncertainty. Recruitments were maintained in a market where demand frameworks has become structural, but overall the catch was interrupted. "

    Premium experts

    Only to take their game, the experts benefited from strong market demand shortage. Some, such as actuaries, consolidators, internal auditors, risk managers in banking, compliance officers, … SAP specialists have seen their wages increase to 25%. In middle management growth reached 10% on average. "Every year the valuation of experts working on niche markets is increasing," says Antoine Morgaut.

    Meanwhile, salary ranges have tightened over the 10 years of experience and senior management, although with few peaks. A qualified actuary in 2011 (7 to 12 years of experience) for example has won between 75 and 115K € (**), a bank compliance officer (over 12 years experience) € 80 to 150K, a manager program in real estate from 60 to 110K € (6-10 years experience).

    In 2012 the uncertainties, companies should be ungenerous earlier this year. Salaries will follow inflation, the bonus will be measured, rarely more than 15%, and very individualized, "because we can not afford to lose excellent employees or pass very good profiles," says Antoine Morgaut. Overall, the variable will range between 5% and 30%.

    Results which are crippling the morale of the French managers: 48% now feel a loss of purchasing power. And comparing global employment should not give them a smile. According to a range of functions held by Robert Walters, France is down-banding, just ahead of Spain. The gap with Germany, the Netherlands and Belgium reached 20% to 30%. The DRH China and Australia, the Brazilian financial controllers are placed at the top and widen the gap.

    "Sedimentation of frustration is high among French executives. At the slightest tremor positive they monnayeront shortage. The most spoiled in the coming years will undoubtedly experts, "said Antoine Morgaut.

    * Salary Survey 2012 Study

    Variable ** Figures out

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    "We can not supply indefinitely a bottomless pit": the confession of the German finance minister, Wolfgang Schäuble, the German radio SWR2, Wednesday, expresses out loud what some whisper softly to the more time passes Bruxelles.Car more Eurogroup is divided over the fate of Greece. And it is to avoid the cacophony that Jean-Claude Juncker has replaced the meeting of finance ministers of the euro area in Brussels by a simple conference call.

    The time of the united front of Greece is over. "Confidence is waning," says Jean-Claude Juncker. Germany and Finland have joined the camp of the Netherlands who doubt the ability of Greece to rise. The euro area, said Wolfgang Schäuble, "is better prepared than two years ago" to a default of Greece.

    Berlin refers to the firewall in place for six months to avoid contagion of the Greek crisis. The European Rescue Fund (EFSF) was equipped with 500 billion euros, Italy and Spain "have made great progress," says Wolfgang Schäuble, the new EU Treaty will enter into the marble of the dogma budgetary discipline.

    Letter of commitment from Samaras and Papandreou

    Within the Eurogroup, the balance is now moving in favor of hard-line supporters. But the doves did not give up: "The consequences of bankruptcy would be devastating," warns the Commissioner of the euro, Olli Rehn. France should keep silent, but it is on the same line confirms there be in Brussels. Ditto for the ECB. Portugal, also in support of the EU fears that the fall of Greece does not cause his own.

    The division opens the door to all scenarios. One of them is to cut the aid package of 130 billion euros. A portion of at least 30 billion to private creditors would be released to encourage them to implement their agreement in principle to reschedule Greek debt and cash losses. The rest would be postponed, probably after the April elections.

    In Athens, the political class realizes the danger of isolation. "We are on the razor's edge", Evangelos Venizelos launched, the Greek Minister of Finance. "Several European countries no longer want us in the euro area and we must fight to prove that we can achieve the objectives and implement the laws passed," he added.

    Threats of default, exclusion of the euro area, the parties toe the line. Antonis Samaras, the leader of the Conservative opposition, New Democracy, and George Papandreou, the leader of PASOK, Socialist Party, signed a letter committing their parties to the implementation of austerity measures introduced in Parliament last Sunday. It was one of the conditions imposed by the Eurogroup. But is this enough happen to restore confidence in Europe? Nothing is less certain.

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  • Between optimism and caution, the Paris Bourse is expected to open slightly lower on Monday morning. The futures on the CAC 40 is due in November returned to 8:30: down by 0.34%, they portend an early trading mixed.

    The debt crisis in the euro zone continues to focus the attention of international markets, including Italy, whose financial situation was at the heart of the G20 discussions. Last night, the two main political parties in Greece have announced an agreement to form a national unity government which will not attend the current Prime Minister George Papandreou. An agreement aimed at ending the political crisis that shook the country on a background of project, aborted referendum on the European Support concluded October 27.The hotel is also in advanced negotiations for the buy out its Indian partner Geojit Financial Services in a joint venture institutional brokerage, according to two sources familiar with the matter cited by Reuters.

    According to La Tribune, Crédit Agricole is expected to announce during November job cuts, mainly in its branch banking and investment (CA CIB).

    France Telecom: according to banking sources, the proposed sale of Orange Switzerland, a subsidiary of telecom, receives funding of around one billion euros arranged by the seller. The sale could be completed before the end of the year.

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  • "Europe will have solved all its problems before the G20." German Chancellor Angela Merkel and President Nicolas Sarkozy, who met in the late afternoon in Berlin for a working meeting to discuss the crisis of the euro were at their common determination to do everything to save Europe. They set a schedule for the challenges that currently threaten the single currency must be resolved before the Cannes Summit, the 3 and 4 November, where the 20 richest countries in the world will gather under the French Presidency.

    No concrete decisions

    Paris and Berlin agree on everything kept repeating the two leaders. In particular the need to "take the necessary measures to recapitalize banks", according to Angela Merkel, or rather to "strengthen the capital structure of banks in Europe," according to Nicolas Sarkozy.A semantic nuance that neither one nor the other details provided. The "details" will be specified later they have promised, even suggesting an EU summit scheduled for October 17 and 18 and qu'unEurogroupe quick pay day loan. This lack of concrete decisions may be poorly received by financial markets because it gives the impression that there are still differences between Paris and Berlin on how the European financial stabilization (EFSF) must be used to strengthen bank capital.

    However, the two leaders seem more attuned to the desire to strengthen economic integration Lazone euro. It will require "significant changes" to the European Treaties, provided Nicolas Sarkozy.All these elements will be subject to comprehensive proposals before the end of the month, concluded Angela Merkel and Nicolas Sarkozy.

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  • The hunt is open to traders mad

    Tighten controls on market operators: it will be a priority of the successor of Oswald Grübel, the CEO of UBS who resigned this weekend after the discovery of a loss of $ 2.3 billion caused by a dishonest trader.

    But the Swiss bank is not alone in feeling concerned. All trading rooms around the world have the fear of these traders "crazy", they keep trotting out the litany of Nick Leeson, the destroyer of Barings, to Jérôme Kerviel, the world record with 5 billion euro soared to Societe Generale. And each new scandal, as that caused by Kweku Adoboli at UBS encourages to review the effectiveness of brigades antifraudeur.

    In 2008, after the disappointments of Societe Generale, Bercy was imposed on Societe Generale, BNP Paribas and Natixis other a plan of attack.Knowing that the supervisory authority requires more or less equity trades across markets depending on the quality of procedures for prevention and detection, the effort proved intense. "The work that was conducted in French banks would have allowed UBS to avoid this fraud," says Benoit Genest, director of risk modeling to consulting firm Ares & Co.

    Behavior analysis

    It must be said that the modus operandi of Kweku Adoboli reminiscent of Jerome Kerviel. The index trader UBS is accused of fictitious transactions rose, from 2008 to hide unauthorized positions. To locate this type of martingale, French banks have muscled their risk control systems and require confirmation and signatures to all floors. The positions are valued at their nominal and not just in terms of their net worth of blankets.But hunting is not just a matter traders crazy numbers. The behavioral analysis is essential payday loan.

    Banks take very seriously the obligation to their teams to take two weeks off in a row. Not always easy to organize when the holidays are reduced in some countries like Hong Kong. Especially as the human drive to ensure that details two "friends" of a trading floor can not take turns (and hide their possible combination). For the same reason, traders no longer allowed to fraternize with brokers who do their bidding. Farewell invitations lavish gifts and generous year-end. The managers themselves are trained to identify the stress level of their troops. A trader is often fool someone who originally did not dare tell her a little higher "palm".As for those who, like Nick Leeson and Jerome Kerviel Kweku Adoboli now, have gone through the support functions, they are observed under the microscope …

    It's new, each operator sign contracts every year a mandate that defines the size of the playground: what products he is authorized to treat, what maturity, what currency, which limits … So any foray outside of this area can be identified. The aim is to ensure that the trader does not abnormal behavior, such as more frequent transactions or unusual amounts. It is no coincidence, moreover, if the fraud often arise when markets are heckled, when finally the abnormal becomes the norm. "Studies show that the risk of fraud is increasing in times of market turmoil," warns Benoit Genest, Ares & Co.So vigilance …

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