Law & Regulation
Thomson Corp. and Reuters Group PLC's ambitious plan to create the world's largest supplier of financial data and news could face regulatory hurdles as it would narrow the market to two main competitors from three.
Offshoring and inexpensive imports may be hurting low-skilled workers in the U.S. and Europe to the extent that free trade and open markets could become increasingly difficult for politicians to sell to their constituents, according to one of the world's leading economics institutes.
"For the government, if they lose the Enron case, it will be seen as a symbolic failure of their rather significant campaign against white-collar crime," said John C. Coffee Jr., a professor at Columbia Law School. "It will be seen as some evidence that some cases are too complicated to be brought into the criminal justice process."
This profile of Westdeutsche Landesbank is from CorpWatch's EuroZone Profiteers report which investigates the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left the countries deep in debt.
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?
The Lee family, for all its public-relations woes and legal entanglements, remains the dominant shareholder in Samsung, the jewel in South Korea's conglomerate crown.