Law & Regulation

Interview with CorpWatch managing editor Pratap Chatterjee, on his forthcoming book, "Halliburton's Army," published by Nation Books and available in books stores on February 2, 2009. Read More

In the wake of the Bernard Madoff Ponzi scheme scandal, the SEC has brought cases involving losses of over $200 million since the beginning of October last year, including one against the disgraced Democratic donor Norman Hsu and North Carolina-based Biltmore Financial. Read More

As Bank of America's board meets next week, shareholders have turned up the pressure on CEO Kenneth D. Lewis. Their scrutiny has also turned an unusual spotlight on the oversight role played by the bank's board members. Read More

Robert Rubin will resign from the beleaguered Citigroup. As Treasury secretary during the Clinton administration, Mr. Rubin helped loosen Depression-era banking regulations that made Citigroup's creation possible. He also helped beat back tighter oversight of exotic financial products during that time. Read More

Judge Louis L. Stanton of United States District Court has established Wednesday as the deadline for Bernard L. Madoff, who is accused of operating a $50 billion Ponzi scheme, to provide federal securities regulators with a full accounting of his and his New York firm's assets - from real estate to art works to bank accounts. Read More

Why would "criminals" set fire to millions worth in mine equipment? How was it that these "intruders" had an estimated 3,000 people backing them up? In what appears to be a spontaneous civilian movement against Barrick Gold, the world's largest gold miner, thousands of people invaded Barrick`s North Mara Gold Mine this week in Tarime District and destroyed equipment worth $15 million. Read More

Originally posted Tuesday, October 14. 2008 -- It is an extraordinary time. On Friday, the Washington Post ran a front-page story titled, "The End of American Capitalism?" Today, the banner headline is, "U.S. Forces Nine Major Banks to Accept Partial Nationalization." Read More

Two more Putnam County voters - Martha Louise Harrington and Michael K. Koon - have come forward about problems they experienced on early-voting electronic machines at the Winfield courthouse. Read More

The Bank of New York Mellon was named the master custodian firm overseeing the Treasury Department's $700 billion bailout fund. It will hold and track the distressed assets that the government will buy as well as run and report on the auctions used to buy the assets. Government officials called it the "prime contractor of the purchase program." Read More

Now come the second thoughts on globalization, as never before have world markets been so integrated. The current financial crisis could mark the start of an effort to overhaul the global financial system conceived at the 1944 summit in Bretton Woods, N.H., which set the rules of international commerce for industrial countries. Read More