Corruption and corrupt business practices have often been portrayed as a problem only endured by poor countries, of little consequence to the developed West. The … Hidden cost of corruptionRead more
Corruption
Posted inCorruption / Fossil fuel / Media
Big Oil, Not Big Tobacco, Wrote the Public Skepticism Playbook
The playbook on sowing public skepticism about health and climate issues originated not with Big Tobacco—as long believed—but with Big Oil, a new investigation reveals. … Big Oil, Not Big Tobacco, Wrote the Public Skepticism PlaybookRead more
Posted inBrazil / Corruption / coup / Politics / ToMl
Brazil Crisis Deepens
On Tuesday, the country’s interim president, Michel Temer, unveiled a raft of economic austerity measures and introduced a far-reaching constitutional amendment limiting the growth of … Brazil Crisis DeepensRead more
Posted inCorruption / Economics / Human right / Multimedia / USA Empire / Water
GM engines got water, but not the people
Posted inCorruption / Economics / Politics / USA Empire
Clinton Laughs
The Intercept’s Lee Fang recently questioned Hillary Clinton about her speeches for Wall Street giant Goldman Sachs, which paid her $675,000 for just three appearances. … Clinton LaughsRead more
Posted inBank / Corruption / Economics / Financial crisis / ToMl / USA Empire
Vampire Squid Goldman Sachs Gets Away with $5 Billion ‘Non-Punishment’
Goldman Sachs—once described as “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money”—has agreed … Vampire Squid Goldman Sachs Gets Away with $5 Billion ‘Non-Punishment’Read more
Posted inCorruption / Politics / ToMl / USA Empire
Corruption, money in politics
Lee Fang talking: I thought the protests yesterday were very interesting, and they kind of connect to a broader movement, this kind of return to … Corruption, money in politicsRead more
Posted inCorruption / Economics / Tax / ToMl / USA Empire
Oxfam Exposes the Great Offshore Tax Scam of US Companies
Using an “opaque and secretive network” of subsidiaries in tax havens, top American corporations have stashed $1.4 trillion offshore, a new report from Oxfam shows. … Oxfam Exposes the Great Offshore Tax Scam of US CompaniesRead more
Posted inAfrica / Corruption / Economics / Fossil fuel / ToMl
Soco International Accused of Paying Bribes for Congo Oil Exploration
Shareholders have demanded that the CEO of Soco International be fired after handwritten receipts for $42,250 in alleged bribes to Congolese army officials were published … Soco International Accused of Paying Bribes for Congo Oil ExplorationRead more
Posted inCorruption / Economics / ToMl / USA Empire
Here’s the Price Countries Pay for Tax Evasion Exposed in Panama Papers
READING THE many stories based on the giant leak of documents from Panamanian law firm Mossack Fonseca — notorious for its prolific creation of shell … Here’s the Price Countries Pay for Tax Evasion Exposed in Panama PapersRead more