Bribery, Fraud & Tax Evasion
U.S. taxpayers' money, $7 billion worth, laid the foundation for Enron's global operations. Wysham and Vallette expose the company's dirty deals that brought turmoil to communities the world over.
Ever wonder why it is that when a company gets caught lying to, and/or cheating investors that they so often settle the case quickly, agreeing to pay millions of dollars back but ''without admitting or denying'' they did anything wrong?
One of Washington's top lobbying operations will shut down at the end of the month because of its ties to disgraced lobbyist Jack Abramoff and former House majority leader Tom DeLay.
The extravagant spectacle is expected to dwarf the record $95 million spent by Democrats this year. In fact, the Republicans will spend more than the $130 million raised by Al Gore for his entire 2000 campaign.
Kenichi Watanabe and Takumi Shibata, the CEO and chief operating officer of Nomura, have resigned over several recent insider trading scandals at the Japanese multinational conglomerate. The revelations are the latest in a series of events that have shone a welcome spotlight on seamier side of the financial industry.
Alcoa and Cargill have bypassed laws designed to prevent destruction of the world's largest rain forest, Brazilian prosecutors say. The damage wrought by scores of companies is robbing the earth of its best shield against global warming.
The former general counsel of Biogen Idec Inc. settled securities-fraud and insider-trading charges, agreeing to pay more than $3 million related to his sale of company shares on the day the biotech company learned that a patient taking its new multiple sclerosis drug was sick with a deadly infection.
The American International Group, the insurance giant, agreed today to pay more than $1.6 billion to settle New York State and federal charges that the company engaged in fraud, bid-rigging and improper accounting.
Why do U.S. oil companies -- some of the most profitable corporations on the planet -- receive 20 to 40 billion dollars a year in subsidies from the U.S. government?