Money & Politics
A lawyer for Jeffrey K. Skilling, a former Enron chief executive, tried Wednesday to portray the head of the company's broadband unit as an out-of-touch manager who was criticized for his free-spending ways and did not even know how many employees were working under him.
CorpWatch, with support from the Sunlight Foundation, announces release of the CrocTail application and open CorpWatch API. CrocTail provides an interface for browsing information about U.S. publicly traded corporations and their many foreign and domestic subsidiaries. CrocTail also serves as a demonstration of the features and data available through the CorpWatch API.
Bolivia has been rocked by protests against a proposed gas pipeline to be built by Pacific LNG. The consortium is made up of notorious British and Spanish multinationals, including BP and Repsol-YPF.
CorpWatch joins with Tim Shorrock today, the first journalist to blow the whistle on the privatization of U.S. intelligence, in releasing Spies for Hire.org, a groundbreaking database focusing on the dozens of corporations that provide classified intelligence services to the United States government.
The FBI has just released an ad featuring the fictional character Gordon Gekko from the "Wall Street" films to target insider trading. Increasingly, however, it seems that Scotland Yard needs a similar campaign for the City of London, which has become the center for the mantra "Greed is Good."
House Majority Whip Tom DeLay (R-TX) relishes in describing the Marianas as his personal Galapagos Islands. The 14-island chain of Pacific Islands has long been DeLay's image of a perfect business environment -- virtually devoid of business or environmental regulations. Only one other entity, Enron, curried more favor with DeLay.
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.
Policy making authority in the Bush administration on tobacco issues will rest largely with the Department of Health and Human Services, the Justice Department, the U.S. Trade Representative and, above all, the White House. Many key officials in these agencies have ties to the tobacco industry or have suggested sympathy for positions favored by the industry.
At Halliburton's recent annual shareholders meeting in Houston, all was remarkably staid as the company celebrated its $4 billion in 2008 operating profits, a striking 22% return at a time when many companies are announcing record losses. Just three months ago, however, Halliburton didn't hesitate to pay $382 million in fines to the U.S. Department of Justice as part of the settlement of a controversial KBR gas project in Nigeria in which the company admitted to paying a $180 million bribe to government officials.