Money & Politics
Halliburton is hiring temps to work in Iraq: $100 a month for locals, $300 for Indians and $8,000 for Texans. Meanwhile taxpayers are getting charged top dollar, prompting investigations from the United States military.
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."
Protests at the 2012 annual general meetings of companies may rank as the most diverse, widespread and sizeable in history. They have been bolstered not just by Occupy activists outside but also by institutional investors inside who have started a "shareholder spring" against excessive CEO pay.
In a Securities and Exchange Commission filing, Morgan Stanley said it had fired an executive in its China real estate division after uncovering evidence that he might have violated the United States Foreign Corrupt Practices Act, which bars American business people from bribing foreign officials.
The thousands of Enron employees who saw their 401(k) plans wiped out will be able to take the energy trader to court Monday, following a federal bankruptcy ruling in Manhattan yesterday.
The former chief of the Internet unit at Enron has been sentenced to 27 months in prison for helping mislead investors in the fraud that sent Enron, the world's largest energy trader, into bankruptcy.
The majority of the U.S. Congress took no action at all in 2014 in favor of holding corporations accountable and reining in corporate power - scoring a zero on the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.