Criticism
In August 2012 the Mail & Guardian reported that Mvelaphanda (Mvela) Holdings, a joint venture between Tokyo Sexwale and OZ Management, was behind a USD100 million loan to the Zimbabwean political party Zanu-PF.
Och-Ziff Capital Management Group is one of the companies accused of threatening to block the European attempt to save Greece from defaulting unless they are guaranteed a significant payout. In response, Och-Ziff issued a statement, saying that it did not have a material investment in Greek sovereign debt, nor had it been involved in the debt negotiations.
Palladino Holdings and Mvelaphanda Holdings, affiliates of OZ Management, are connected to a $25 million loan that Palladino lent to the state of Guinea in order to start up a state mining company.
Read more about this topic: Och-Ziff Capital Management
Famous quotes containing the word criticism:
“Unless criticism refuses to take itself quite so seriously or at least to permit its readers not to, it will inevitably continue to reflect the finicky canons of the genteel tradition and the depressing pieties of the Culture Religion of Modernism.”
—Leslie Fiedler (b. 1917)
“The greater the decrease in the social significance of an art form, the sharper the distinction between criticism and enjoyment by the public. The conventional is uncritically enjoyed, and the truly new is criticized with aversion.”
—Walter Benjamin (1892–1940)
“I am opposed to writing about the private lives of living authors and psychoanalyzing them while they are alive. Criticism is getting all mixed up with a combination of the Junior F.B.I.- men, discards from Freud and Jung and a sort of Columnist peep- hole and missing laundry list school.... Every young English professor sees gold in them dirty sheets now. Imagine what they can do with the soiled sheets of four legal beds by the same writer and you can see why their tongues are slavering.”
—Ernest Hemingway (1899–1961)