The Justice Department has formally unveiled its $1.5 billion settlement with the Swiss banking giant UBS for the company’s role in the manipulation of the … Justice Dept.: UBS Conduct in Libor Scandal “Astonishing”Read more
Corruption
Posted inCorruption / Tax / ToMl
“We are not a tax haven.” They all say that
This blogger used to live in South Africa, not long after the end of Apartheid, where one of the common refrains he heard was “I … “We are not a tax haven.” They all say thatRead more
Posted inCorruption / Privacy / Tax / ToMl
Beware – the Equifax Scams Are Coming
OK, this had to happen. It’s not a surprise. It’s just a fact of life. We live in a world of scammers, and when there … Beware – the Equifax Scams Are ComingRead more
Posted inCorruption / ToMl
From Enron and WorldCom to Wells Fargo and VW Expanded Violation Tracker Covers Corporate Crime Cases Back to 2000
Violation Tracker, the first public database of corporate crime and misconduct in the United States, has been expanded. It is now possible to access details … From Enron and WorldCom to Wells Fargo and VW Expanded Violation Tracker Covers Corporate Crime Cases Back to 2000Read more
Posted inCorruption / ToMl
The Equifax Hacking Scandal Is a Reminder That Credit-Reporting Agencies Are Not Our Friends
Last week, Equifax—one of the country’s three major credit-reporting agencies alongside Experian and Transunion—revealed that its security apparatus had been breached. “Hackers” obtained private financial … The Equifax Hacking Scandal Is a Reminder That Credit-Reporting Agencies Are Not Our FriendsRead more
Posted inCorruption / Tax / ToMl
How a tax haven is leading the race to privatise space
On a drizzly afternoon in April, Prince Guillaume, the hereditary grand duke of Luxembourg, and his wife, Princess Stéphanie, sailed through the front doors of … How a tax haven is leading the race to privatise spaceRead more
Posted inCorruption / Tax / ToMl
Global Crises Accelerate as Tax Havens Hide Trillions for World’s Greedy Few
While the world’s richest stash trillions away for themselves, outlandish levels of inequality are increasing the suffering of the poor and hamstringing the global community’s … Global Crises Accelerate as Tax Havens Hide Trillions for World’s Greedy FewRead more
Posted inCorruption / India / News / Tax
Yale University turned to offshore firm to enter India via Mauritius
Ivy league school Yale University entered into a pact with offshore legal firm Appleby to invest $100 million in India from June 2013 via the … Yale University turned to offshore firm to enter India via MauritiusRead more
Posted inCorruption / Extreme weather / ToMl
Red Cross is a failure
Hurricane Harvey has been sparking comparisons to Hurricane Katrina, which hit New Orleans 12 years ago yesterday. The devastating storm killed more than 1,800 people … Red Cross is a failureRead more
Posted inCorruption / Extreme weather / ToMl / USA Empire
The Red Cross Won’t Save Houston
In 2004, I was just starting my first full-time job in a Washington newsroom when disaster struck. It was on the other side of the … The Red Cross Won’t Save HoustonRead more