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Published by CorpWatch Blog | By Pratap Chatterjee | Friday, March 2, 2012

The FBI has just released an ad featuring the fictional character Gordon Gekko from the "Wall Street" films to target insider trading. Increasingly, however, it seems that Scotland Yard needs a similar campaign for the City of London, which has become the center for the mantra "Greed is Good."

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Published by New York Times | By Phil Angelides | Thursday, March 1, 2012

Four years after the disintegration of the financial system, 24 million people jobless or underemployed. Yet claims of financial fraud against companies like Citigroup and Bank of America have been settled for pennies on the dollar, with no admission of wrongdoing. Executives who ran companies that made, packaged and sold trillions of dollars in toxic mortgages and mortgage-backed securities remain largely unscathed.

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Published by Reuters | By Sam Forgione | Thursday, March 1, 2012

The top 40 highest-earning hedge fund managers took home a combined $13.2 billion, according to a Forbes magazine survey. The top 10 hedge fund managers made more than $200 million each, while the lowest earning managers made $40 million each.

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Published by Inter Press Service | By Vesna Peric Zimonjic | Thursday, February 16, 2012

In 2003, U.S. Steel bought up the bankrupt Sartid steel mill in the eastern Serbian town of Smederevo for $33 million, the first private enterprise to enter the country after the downfall of former leader Slobodan Milosevic in 2000. On Feb. 1, U.S. Steel sold the mill back for a dollar.

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Published by Special to CorpWatch | By Melody Kemp | Thursday, February 16, 2012

Wilmar of Singapore, the world's biggest global processor and merchandiser of palm oil, has come in for harsh criticism for the environmental and social impact of its Indonesian plantations. The allegations also raise serious questions about the role of WWF and the Round Table on Sustainable Palm Oil.

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