Trust Digest 144 (June 20, 2016)


Former Warner Chilcott Executive Acquitted of Kickbacks Charge  
W. Carl Reichel, former president of pharmaceutical unit, was accused to payoffs to doctors. 
Key Words: Pharmaceuticals, kickbacks 
Trust Issues: Integrity, Benevolent Concern  


Whole Foods Must Clean Up Its Act, FDA Says  
Agency warns of ‘serious violations’ at food-preparation plant. 
Key Words: FDA, violations  
Trust Issues: Risk Tolerance, Integrity, Benevolent Concern 


Kellogg Is Latest Company to Voluntarily Recall Snacks That May Contain Peanuts 
Kellogg Co. is voluntarily recalling certain snacks that may contain traces of peanuts, which could cause allergic reactions, the latest recall tied to a supplier’s peanut-tainted flour.
Key Words: Grain Craft flour, FDA  
Trust Issues: Risk Tolerance, Benevolent Concern, Integrity 


Divided America: Gun views fractious even as fewer bear arms  
"The current gun debate is more polarized and sour than any time before in American history," said Adam Winkler, a constitutional law professor at UCLA and author of the 2011 book, "Gunfight: The Battle Over the Right to Bear Arms in America." 
Key Words: Firearms, debate  
Trust Issues: Similarities, Situational Security 


Wanted: An independent central bank chief to champion Indian reforms  
As India seeks a new central bank chief, many investors are pushing a clear message: the successor to Raghuram Rajan may lack his gravitas, but must defend the Reserve Bank of India's autonomy at a critical juncture in its history.  
Key Words: Central Bank, India, autonomy 
Trust Issues: Risk Tolerance, Power, Integrity  


U.S. Raps Russia Over Airstrikes in Syria  
Airstrikes endangered U.S. personnel supporting Syrian rebel forces fighting ISIS, say officials. 
Key Words: U.S., Russia, Syria 
Trust Issues: Risk Tolerance, Power, Situational Security 


Saudi Stocks Regulator Penalizes Deloitte Unit After Tainted IPO    
The Saudi stock market’s regulator has banned the local unit of Deloitte & Touche LLP from providing accounting services in the kingdom for two years for its work with a local contracting company that was sanctioned for market violations. 
Key Words: Deloitte, Saudi Arabia, IPO manipulation 
Trust Issues: Risk Tolerance, Integrity 


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