Bribery, Fraud & Tax Evasion
New York Atty. Gen. Eliot Spitzer said Monday that federal regulators were negotiating behind his back with radio station groups to settle allegations of illegal payments for airplay, potentially helping the companies avoid serious punishment.
US anti-bribery investigators are targeting a former Halliburton subsidiary over its work on a key Royal Dutch Shell project in Nigeria, widening a corruption probe into the country's troubled oil industry.
Americans know that corporate excess is about more than flawed accounting. It corrupts democracy, drives a wedge between rich and poor, degrades the environment, and disrupts communities. So what might we the people do?
While the nation's 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.
Gazprom and the Russian government have long had a close relationship, but the revolving door between them is spinning especially fast this year. But Gazprom also epitomizes the risks of state capitalism: waste and inefficiency.
Paulo Roberto Costa, former head of Petrobras' refining and supply unit, has named dozens of politicians who allegedly took bribes from the Brazilian company. Costa claims that Petrobras paid out three percent of the value of new contracts to the politicians in return for favorable votes for the government.
WASHINGTON -- The Justice Department has rejected a proposal from accounting firm Arthur Andersen for settlement of a criminal obstruction charge stemming from the shredding of Enron Corp. documents, an Andersen attorney said Friday.
Roy Blunt, R-Mo., wrote at least three letters helpful to Abramoff clients while collecting money from them. He swapped donations between his and DeLay's political groups, ultimately enriching the Missouri political campaign of his son Matt.
The Senate is investigating the role of private investment banks in the Enron scandal. Could public institutions, like the World Bank and the Export-Import Bank be next?
WASHINGTON, DC -- An Enron Corp. backlash is rolling across Europe, feeding skepticism about the United States as a financial role model as top U.S. and European Union market regulators prepare to meet here next week.