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Zidane’s poker for 2020

first_imgSpain SupercupCurves begin soon for Zidane and his Real Madrid, because after measuring with Getafe this Saturday at the Alfonso Pérez Coliseum (4:00 pm, Movistar LaLiga) he will travel to Saudi Arabia to play the new Spanish Super Cup conceived by Luis Rubiales, president of the RFEF. Wednesday, January 8 (8:00 p.m., Movistar Champions League) Valencia is waiting for him in Jeddah, who was unable to beat Mestalla on December 15; in fact, Benzema started a draw on the last play. If he exceeds the semifinal, he will wait in the final on Sunday 12 (7:00 p.m.) to the winner of Barcelona-Atlético that will take place on Thursday 9.Nor has Madrid been able to win either of them this year, although the luck is that it has not lost either: it ended both duels with a goalless draw and on December 18 he left excellent sensations in his visit to Camp Nou. Zidane also knows what it is to win a Super Cup at Barcelona: he did it in the summer of 2017, winning both in Barcelona (1-3) and in Madrid (2-0).Copa del ReyIt is the only tournament that resists Zidane, it is not among the nine he has raised as a Real Madrid coach (three Champions, two Club World Cups, two European Super Cups, a League and a Spanish Super Cup). And it is, in fact, the tournament that has caused the most dislikes to the Frenchman, the one that precipitated his march after raising the Champions League in Kiev, at the end of the 2017-18 campaign. The white elimination in the quarterfinals against Leganés, who assaulted the Bernabéu (1-2), frustrated Zizou in such a way that he began to stiffen the decision. 2020 has started for everyone at Real Madrid, also for Zidane, that sees in the new year the opportunity to complete a poker of titles that returns to the white team the prestige lost after the disastrous 2018-19 season. A huge challenge, although the white coach already knows how to do it: in 2017 he raised up to five trophies (League, Champions, European Super Cup, Spanish Super Cup and Club World Cup). “For me it is a failure, I am very disappointed. It’s a very hard stick, I take responsibility, ”he said after the defeat; “There are moments that make you think and do not forget,” he recalled at the press conference of his farewell. A year earlier, Celta had also deprived him of raising the Cup winning at the Bernabéu (1-2); Balaids 2-2 was not enough. Madrid will meet its rival in the fight for this new Copa del Rey (a single game except the semifinals) on Tuesday, January 14 and will be measured with him the following week.LeagueAlthough he has raised up to five Champions League with Madrid (three as first coach, another as Ancelotti’s second and another as a player, La Novena), Zidane always reiterates that he has occasion that the tournament that fills him as a coach is LaLiga . “It’s the happiest day of my football life, when the season starts you only think about LaLiga’s day to day. I have no words, I would even like to dance. Inside I am very, very happy. LaLiga is the most complicated competition, it is demonstrated day by day, ”he said, exultant, after taking the 2016-17 title at La Rosaleda, on the last day.Madrid is now second in the table, two points behind Barcelona after 18 games; he even has the options to finish the first round as a winter champion, although he must win in Getafe and expect a defeat of Barcelona in Cornellà-El Prat against Espanyol (Saturday 4 at 9:00 p.m.). A situation very different from the last two leagues, in which Madrid reached at this point virtually eliminated from the fight for the title: Last year I was ten points behind Barça; and in 2017-18, the last of Zidane’s first stage, at 13. That carelessness in the regularity tournament was another reason that led him to leave at the end of the course.Champions LeagueAs paradoxical as it may seem, it is the least priority tournament for Madrid at the moment, as it has taken four of the last six editions. Also for Zidane, who nevertheless does not know what it is to lose a tie in the Champions League: he has won 12 consecutive, between crosses and finals. But in the club it is the most coveted tournament, by history (13 titles, more than anyone) and by the preference of President Florentino Pérez, who usually refers to the Champions League as the tournament that places you in the world of football. After an injured group stage, Madrid is waiting for the City in the round of 16: on February 26 at 9:00 p.m., the first leg at the Bernabéu; and on March 17, also at 9:00 p.m., the return at the Etihad Stadiumd in Manchester.last_img read more

Walmarts Recent Disclosures

first_imgLast week, Walmart made several disclosures that touched upon its Foreign Corrupt Practices Act scrutiny and compliance enhancements. The materials were released in advance of Walmart’s May 30th annual meeting.This post highlights FCPA and related information in Walmart’s Annual Report, Proxy Statement, and Global Ethics and Compliance Report.In its Annual Report Walmart stated as follows regarding its FCPA scrutiny which was voluntarily disclosed to the DOJ/SEC in November 2011:“The Company has been cooperating with the agencies and discussions have been ongoing regarding the resolution of these matters. These discussions have progressed to a point that the Company can now reasonably estimate a probable loss and has recorded an aggregate accrual of $283 million with respect to these matters (the “Accrual”). As the discussions are continuing, there can be no assurance as to the timing or the terms of the final resolution of these matters.”In pertinent part, the Proxy Statement states:“Since 2011, the Audit Committee has been conducting an internal investigation into, among other things, alleged violations of the U.S. Foreign Corrupt Practices Act (the “FCPA”) and other alleged crimes or misconduct in connection with certain foreign subsidiaries, and whether prior allegations of these violations and/or misconduct were appropriately handled by Walmart. The Audit Committee and Walmart have engaged outside counsel from a number of law firms and other advisors who are assisting in the ongoing investigation of these matters. This investigation continues to result in a significant increase in the workload of the Audit Committee members, and during fiscal 2018, the Audit Committee members received frequent updates regarding the investigation via conference calls and other means of communication with outside counsel and other advisors. In light of this continuing significant additional time commitment, during fiscal 2018, the Audit Committee Chair received an additional fee of $90,000, and the other members of the Audit Committee received an additional fee of $45,000.”In pertinent part, the Global Ethics and Compliance Report states:“Reducing Corruption Risk We have also been working to strengthen our anti-corruption program for several years. Corruption hurts the most vulnerable people and communities because it undermines the type of honest, transparent government that is necessary for sustainable growth. We’re continuing to invest in people, processes, and systems to prevent and detect corruption risks, and we are encouraging our business partners to join in the global anti-corruption effort. In the last year we’ve made strategic choices about the companies with which we do business. We train, monitor and audit the third parties we rely upon to interact with government officials and agencies around the world. We also want to select only the most reliable partners for this work. Over the last year we significantly reduced the number of third parties that we use for these services, so we have fewer, stronger business relationships.”See here for the recent post highlighting the approximate $880 million Walmart has spent on pre-enforcement action professional fees and compliance enhancements since its FCPA scrutiny arose.See here for the previous guest post by Jay Jorgensen (Walmart Executive V.P. and Global Chief Ethics and Compliance Officer) on Walmart’s enhanced compliance and ethics program.last_img read more