Money & Politics

DynCorp International Inc. said it has terminated one of its top lawyers, a move that comes on the heels of the government contractor's disclosure that some of its subcontractors may have broken U.S. law in trying to speed up getting licenses and visas overseas.
Executives at one of Ireland's biggest banks laughed and joked about how they were going to fool the Central Bank into bailing them out, according to a tape recording obtained by the Irish Independent. The failure of Anglo Irish Bank is eventually expected to cost the taxpayer €30 billion.
Kenneth Lay is living proof that one person can change the world. His company, Enron, may be in shambles. In three months, it may no longer exist. But for the rest of our lives we will live in a world redesigned by Kenneth Lay.
Monday is the first day of the Democratic National Convention in Los Angeles, where thousands of environmental, human rights, labor and campaign finance reform advocates will gather both in the streets and at the Shadow Convention hosted by Arianna Huffington. We of Rainforest are not gathering to show our support for the Democratic Party.
From research patents to high-stakes partnerships, Jennifer Washburn spent years researching the links between industry and the American University. In this exclusive interview with CorpWatch's Jennifer Borden, Washburn talks about what she found, why it matters and what you can do about it.
The Carlyle Group, one of the world's largest private equity funds, may soon buy out the $2 billion dollar intelligence division of Booz Allen Hamilton, one of the biggest advisors to the U.S. spy community.
Morgan Stanley, a major U.S. investment bank, was well aware of the problems in the sub-prime mortgage market as far back as 2005, according to documents just released in a New York court under a lawsuit brought by the China Development Industrial Bank from Taiwan.
In the lexicon of American business, "cynicism" means doubt about the benevolence of market force
It was an odd fact of the demonstrations surrounding the Democratic Convention in Los Angeles that the only protests to get mass media coverage were those where cops moved in and arrested people.
Two Merrill Lynch executives convicted for their roles in a Nigerian barge deal that inflated Enron's profits have been ordered released from prison pending their appeal.