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Bank buster. (Trade Talk).


Scandal has rocked Chile's financial markets. First, Pamela Andrada, Central Bank President Carlos Massad's secretary, was caught allegedly leaking insider information to brokerage firm Inverlink, which, in a separate scam (SCSI Configured AutoMatically) A subset of Plug and Play that allows SCSI IDs to be changed by software rather than by flipping switches or changing jumpers. Both the SCSI host adapter and peripheral must support SCAM. See SCSI. , sold approximately US$100 million in stolen government certificates of deposit. After initially resisting in the press, Massad stepped down. "The recent events, and the discussion they have caused, don't diminish what we have achieved but make it very difficult for me to carry on," Massad wrote in his resignation letter to Chilean President Ricardo Lagos Ricardo Froilán Lagos Escobar (born March 2, 1938) is a lawyer, economist and social democrat politician, who served as president of Chile from 2000 to 2006 . He won the 1999-2000 presidential election by a narrow margin in a runoff over Independent Democrat Union (UDI) candidate . Administration officials now are trying to patch Chile's once-impeccable reputation, reassuring re·as·sure  
tr.v. re·as·sured, re·as·sur·ing, re·as·sures
1. To restore confidence to.

2. To assure again.

3. To reinsure.
 investors that a single person's misdeeds cannot undo To restore the last editing operation that has taken place. For example, if a segment of text has been deleted or changed, performing an undo will restore the original text. Programs may have several levels of undo, including being able to reconstruct the original data for all edits  a whole country's financial system.
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Title Annotation:Chile, insider information scandal; central bank
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3CHIL
Date:Jun 1, 2003
Words:110
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