On cockroaches and Capital Alternatives

“It was the generally accepted way for brokerage firms under regulatory heat to stay one step ahead — essentially, closing down and reopening under a different name, thereby starting the process of making money and fighting the regulators all over again. It was like stepping on a cockroach and squashing it, only to find ten new ones scurrying in all directions.”

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Response from the World Bank regarding Sengwer evictions in Kenya: “The dialogue initiated at the Colloquium was invaluable and must be continued”

Last week, the World Bank and the Kenyan Government held a meeting aimed at finding a positive way forward following years of evictions of indigenous people living in the Embobut Forest in the Cherangany Hills. Days before the meeting started, 30 Sengwer houses were burned.

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