Finance & economics | American banks

Riggsmarole

A venerable institution falls from grace and is taken over

|

AFTER years of unsuccessful attempts to prosecute Augusto Pinochet, former military dictator of Chile, for human-rights abuses during his 17-year rule, Chilean prosecutors have changed tack. On July 20th, armed with a report released last week by a committee of America's Senate, Chile launched its first formal probe into its ex-ruler's finances.

This article appeared in the Finance & economics section of the print edition under the headline “Riggsmarole”

He, robot?

From the July 24th 2004 edition

Discover stories from this section and more in the list of contents

Explore the edition

Discover more

illustration of a stern-faced man in a suit with a green tie, set against a bright green background. A small building with a flag is depicted in the pocket of his suit

The great-man theory of Wall Street

Why finance is still dominated by bold individuals

Hong Kong’s property slump may be terminal

Demographics and geopolitics will make a recovery harder


A float is inflated in preparation for the Macy's Thanksgiving Day Parade.

Why everyone wants to lend to weak companies

An unanticipated side-effect of Donald Trump’s election victory


American veterans now receive absurdly generous benefits

An enormous rise in disability payments may complicate debt-reduction efforts

Why Black Friday sales grow more annoying every year

Nobody is to blame. Everyone suffers

Trump wastes no time in reigniting trade wars

Canada and Mexico look likely to suffer