Bribery, Fraud & Tax Evasion
In a secluded valley a few miles from Kabul's international airport, $285 million in U.S. taxpayer dollars have flowed into a Black & Veatch-built power plant outside Tarakhil village. But, far from the public relations coup the project was intended to supply, the plant has run into problems with planning, cost over-runs and alleged corruption.
Vice President Dick Cheney has spent most of the past year in hiding, ostensibly from terrorists. But increasingly it seems obvious that it is Congress, the Securities and Exchange Commission, the media and the public he fears. And for good reason: Cheney's business behavior could serve as a textbook case of much of what's wrong with the way corporate CEOs have come to play the game of business.
BP, the giant oil company, acknowledged yesterday that federal investigators were looking into possible trading irregularities in oil and gasoline markets.
West African cotton farmers are among those hardest hit by government subsidized corporate agriculture. This week in Hong Kong, trade ministers from the 148 members of the World Trade Organization meet to discusss this and other global free trade issues.
A few months after the White House got a list of recommended candidates from former Enron Chairman Kenneth Lay, a friend and backer of President Bush, two of them were appointed to a federal energy commission.
Sambala Macalou, mayor of Sadiola village in western Mali where the South African gold mining company AngloGold Ashanti operates, thinks the company is short-changing the community and ignoring its needs.
Kyle "Dusty" Foggo, the former No. 3 official in the CIA, pleaded guilty yesterday to fraudulently steering intelligence contracts to his lifelong friend, former Poway defense contractor Brent Wilkes.
England's House of Lords ruled that the Serious Fraud Office was lawful in its actions to halt investigations into allegations that BAE Systems ran a Â£60m "slush fund" and offered sweeteners to officials from Saudi Arabia in return for lucrative contracts.
The suit alleges that Alfa, one of the largest business conglomerates in the Russian Federation -- along with Russian oligarch Mikhail Fridman and U.S. citizen Leonid Rozhetskin -- engaged in a vast international money laundering and fraud scheme in an attempt to take control of the Russian cellular industry.
''Neo-liberalism'' is a set of economic policies that have become widespread during the last 25 years or so. Although the word is rarely heard in the United States, you can clearly see the effects of neo-liberalism here as the rich grow richer and the poor grow poorer.