Bribery, Fraud & Tax Evasion
The launch of Russia's stock markets in the early 90s and privatization of state assets has profoundly impacted Russian society. As the case of mining giant Norilsk Nickel illustrates, this experiment has given rise to both immense personal wealth for a new elite, and economic uncertainty for the ordinary citizen.
On June 23, James Hansen, a leading world climate scientist, called for the executives of major fossil fuel companies, including ExxonMobil and Peabody Energy, to be put on trial for crimes against humanity and nature through actions like funding climate skeptics to undermine global consensus around combating climate change.
Bank of America has agreed to pay the government $9.65 billion to settle charges of misleading investors over mortgage lending in the run up to the 2008 financial crisis. The bank will also pay out an additional $7 billion to help borrowers and communities affected by the loans.
The chairman and chief executive of the struggling energy company Dynegy, whose departure was announced on Tuesday, is entitled under his contract to a huge severance check -- one that is about $33 million more than he would have made had the company allowed him to serve out the eight months remaining on the contract.
Has the avalanche of corporate revelations left your head spinning? Investigative journalist Stephen Pizzo offers a cheat sheet to scandals plaguing the White House.
G. Philip Stephenson does not cut the figure of an Eastern European oil baron, clashing with formerly communist security officials over the legality of his budding empire.
They're often portrayed as obstructionists to trade and the global economy. But the social movement that mobilized thousands in Quebec last month -- and earlier in Seattle and Prague -- is maturing beyond street protests.
Halliburton has admitted that it destroyed evidence after the April 2010 Deepwater Horizon catastrophe in the Gulf of Mexico. The company has agreed to pay a $200,000 fine, make a donation of $55 million to the National Fish and Wildlife Foundation and accept three years of probation.
A congressional panel has uncovered "eye-popping" pay deals for Enron executives and an elaborate scheme to manipulate the failed company's taxes and accounting, the Senate Finance Committee chairman said Wednesday.
Former Alabama Gov. Don Siegelman and former HealthSouth CEO Richard Scrushy were convicted Thursday in a bribery scheme that derailed Siegelman's campaign to retake his former office.