Money & Politics

This week the Project on Government Oversight released damning allegations of deviant hazing at a camp for security guards in Afghanistan. Sparking questions from the State Department, POGO warned the problems are "posing a significant threat to the security of the embassy and its personnel." Read More

This week the Project on Government Oversight released damning allegations of deviant hazing at a camp for security guards in Afghanistan. Sparking questions from the State Department, POGO warned the problems are "posing a significant threat to the security of the embassy and its personnel." Read More

During the heyday of the credit bubble, they were the financiers who earned huge bonuses for creating, trading and investing other people's money in those complex securities that resulted in trillions of dollars in losses and brought global financial markets to their knees. Now they're out there again hustling for investors and hoping to make another score buying and trading the same securities. Read More

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Originally posted on August 13, 2009 at http://dirtdiggersdigest.org/archives/746 These days just about every large corporation would have us believe that it is in the vanguard of the fight to reverse global warming. Companies mount expensive ad campaigns to brag about raising their energy efficiency and shrinking their carbon footprint. Read More

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. Read More

Basir "Steve" Ahmed was returning from a bomb-clearing mission in Khogyani district in northeastern Afghanistan when a suicide bomber blew up an explosive-filled vehicle nearby. The blast flipped the military armored truck Ahmed was riding in three or four times, and filled it with smoke. The Afghan translator had been accompanying the 927th Engineer Company near the Pakistan border on that October day in 2008 that would forever change his life. Read More

A corporate espionage case unfolding in France involves some of the biggest French companies, including Électricité de France, the world's largest operator of nuclear power plants, and Vivendi, the media and telecommunications conglomerate. The story has the elements of a corporate thriller: a cast of characters that includes former French spies and military men, an American cycling champion, Greenpeace activists and a dogged judge. Read More

On Friday the U.S. House of Representativs passed a high-visibility bill to give shareholders and federal regulators a stronger hand in curbing excessive or risky executive compensation. Industry groups such as the National Association of Manufacturers opposed the bill as an overreach into private business decisions. Read More

Nine of the financial firms that were recipients of federal bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008, according to a report released Thursday by the New York attorney general. The report is certain to intensify the growing debate over how, and how much, Wall Street bankers should be paid. Read More