Money & Politics
More than 500 people packed the Pompano Beach Civic Center on Monday night in a formidable display of opposition to Enron Corp.'s plans for a power plant next to Florida's Turnpike.
WASHINGTON -- The multinational firms recently fingered for corrupt practices in the United States may be practicing similar operations on a larger scale in developing countries, say long-time corporate watchdogs.
Last year, the CEOs of the 500 biggest U.S. companies averaged $15.2 million in total annual compensation, according to Forbes business magazine's annual executive pay survey. The top eight CEOs on the Forbes list each pocketed over $100 million. Stunning numbers like these have moved executive pay onto America's political radar screen.
As both the Democratic and Republican parties jockey to win the favor of the high-tech industry, U.S. trade officials under Clinton and now under the Bush Administration have been aggressively promoting high tech's global interests by breaking down barriers to electronic commerce.
JP Morgan, the Wall Street bank, is negotiating to escape criminal prosecution for its role in the sub-prime mortgage crisis in return for paying the U.S. government roughly $3 billion, plus $6 billion to investors, and another $4 billion to compensate home owners.
Liberia's newly-elected but cash-strapped government has begun to find ways that the U.N. sanctions can be lifted to allow the country to exploit its immense timber resources for the benefit of its war-ravaged people.
Terri Swearingen has heard enough of Al Gore's promises on the environment. ''There may be some that believe he is a premier environmentalist, but not me,'' says the forty-three year old registered nurse and mother.
WASHINGTON (April 3, 2002) -- The Bush administration this week moved to oust a top scientific official targeted by ExxonMobil in a confidential memo to the White House. Bold language in the ExxonMobil papers released today by NRDC (the Natural Resources Defense Council) reflects a brazen, behind-the-scenes effort by the oil company and other energy giants to disrupt the principal international science assessment program on global warming.
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.
Rioting and threats of work stoppages at critical transportation hubs needed to rebuild the war-torn Iraq have erupted in recent months following payment disputes between contractors originally hired by the U.S.-led Coalition Provisional Authority and Iraqi officials skeptical of the billings and the CPA's handiwork.