Contact l Sitemap

home industries issues reasearch weblog press

Home  » Issues » Money & Politics

Money & Politics : Displaying 21-30 of 63


Is Halliburton Forgiven and Forgotten? Or How to Stay Out of Sight While Profiting From the War in Iraq
by Pratap ChatterjeeTomDispatch.com
June 3rd, 2009
At Halliburton's recent annual shareholders meeting in Houston, all was remarkably staid as the company celebrated its $4 billion in 2008 operating profits, a striking 22% return at a time when many companies are announcing record losses. Just three months ago, however, Halliburton didn't hesitate to pay $382 million in fines to the U.S. Department of Justice as part of the settlement of a controversial KBR gas project in Nigeria in which the company admitted to paying a $180 million bribe to government officials.

The True Cost of Chevron: An Alternative Annual Report
by Antonia Juhaszhttp://www.TrueCostofChevron.com/
May 26th, 2009
Chevron's 2008 annual report is a glossy celebration of the company's most profitable year in its history. What Chevron's annual report does not tell its shareholders is the true cost paid for those financial returns, or the global movement gaining voice and strength against the company's abuses. This jointly-produced report documents negative impacts of Chevron's operations around the globe, in stark contrast to the message sent by the company's ubiquitous "Human Energy" advertising campaign.

Regulating Ramatex: Authorities Shut Out as Malaysian Investor Threatens Namibian Environment
by Moses MagadzaSpecial to CorpWatch
April 5th, 2009
For nearly six years Ramatex Textile and Garment Factory barred government regulators from entering industrial premises leased from the City of Windhoek. Ramatex came to Namibia in 2001, lured by the newly implemented African Growth and Opportunity Act (AGOA). Evidence of environmental violations finally emerged after the company absconded.

Policing Afghanistan: Obama's New Strategy
by Pratap ChatterjeeSpecial to CorpWatch
March 23rd, 2009
A new strategy for Afghanistan and Pakistan will be unveiled by President Barack Obama this week. It plans to ramp up the training of the Afghan army and police at a cost of some $2 billion a year. Private contractor DynCorp is already lining up to bid for some of the lucrative contracts. This article provides an overview of key reports assessing the training of the Afghan police, and DynCorp's role, to date.

GEO Group, Inc.: Despite a Crashing Economy, Private Prison Firm Turns a Handsome Profit
by Erin RosaSpecial to CorpWatch
March 1st, 2009
While the nationís economy flounders, business is booming for The GEO Group Inc., a private prison firm paid millions by the U.S. government. Behind the financial success and expansion of the for-profit security company, there are increasing charges of negligence, civil rights violations, abuse and even death.

Book Release: "Halliburton's Army: How A Well-Connected Texas Oil Company Revolutionized The Way America Makes War"
by Pratap ChatterjeeNation Books
February 3rd, 2009
In "HALLIBURTONíS ARMY: How a Well-Connected Texas Oil Company Revolutionized the Way America Makes War" (Nation Books; February 9, 2009; $26.95), muckraking journalist Pratap Chatterjee conducts a highly detailed investigation into Halliburton and its former subsidiary KBRís activities in Kuwait and Iraq, uncovering much new information about its questionable practices and extraordinary profits.

A Glittering Demon: Mining, Poverty and Politics in the Democratic Republic of Congo
by Michael DeibertSpecial to CorpWatch
June 26th, 2008
In the DRC, a nation rich in natural resources yet confounded by civil war and endemic poverty, artisanal mining communities are struggling for their livelihoods as foreign multinationals like AngloGold Ashanti rush to cash in.

Carlyle Group May Buy Major CIA Contractor: Booz Allen Hamilton
by Tim Shorrock Special to CorpWatch
March 8th, 2008
The Carlyle Group, one of the world's largest private equity funds, may soon buy out the $2 billion dollar intelligence division of Booz Allen Hamilton, one of the biggest advisors to the U.S. spy community.

Burying Indonesiaís Millions: The Legacy of Suharto
by Andreas HarsonoSpecial to CorpWatch
February 15th, 2008
Over the last 50 years, a network of cronies helped former Indonesian president Suharto build a business empire and amass a multi-billion dollar fortune. Today his successors face an uphill battle to recover the money even after his death.

An Uncomfortable Spotlight in Davos
by Pratap ChatterjeeSpecial to CorpWatch
January 31st, 2008
The CEOs of three-quarters of the world's 100 largest companies have just completed an uncomfortable weekend at the tiny Swiss ski resort of Davos, while their companies' share prices nosedived on global stock markets, amid concern that the U.S. economy is staggering towards recession.