Money & Politics
New York State prosecutors and the Securities and Exchange Commission are investigating whether the Carlyle Group, one of the nation's largest and most politically connected private equity firms, made millions of dollars in improper payments to intermediaries in exchange for investments from New York's state pension fund.
Now that the holiday season has passed, please look into your heart to help those in need. Enron executives in our very own country are living at or just below the seven-figure salary level...right here in the land of plenty.
Rep. Cynthia McKinney (D-Ga.) led the voices of castigation that claimed the U.S. Government, the UN, private militias and western economic interests possessed complete knowledge of pending civil unrest in Africa and fed the fray between African nations. Their aim was to use war, disease, hunger and poverty as covers while continuing the centuries-old practice of rape and exploitation of the continent's human and mineral resources, testimonies charged.
Like much of the rest of the world, Americans know that the U.S. automotive industry is in the grips of what may be a fatal decline. A similar crisis exists when it comes to the military-industrial complex. That crisis has its roots in the corrupt and deceitful practices that have long characterized the high command of the Armed Forces, civilian executives of the armaments industries, and Congressional opportunists and pay-to-play criminals.
Paulo Roberto Costa, former head of Petrobras' refining and supply unit, has named dozens of politicians who allegedly took bribes from the Brazilian company. Costa claims that Petrobras paid out three percent of the value of new contracts to the politicians in return for favorable votes for the government.
A high-security communications network linking government leaders to some of technology's biggest names in the event of a national disaster will be unveiled early next month, officials say. Inspired by the breakdown in communication on Sept. 11, when frantic calls overwhelmed phone lines, the so-called CEO Link will be used to shuttle high-priority news between government officials and executives.
As the war on terror shows troubling signs of becoming a war of error, the Bush administration is waging a far more successful war on behalf of its corporate backers. The latest victory comes courtesy of Congress' 11th hour reversal of a provision in the Homeland Security Bill banning government contracts for companies that move offshore to avoid paying U.S. taxes.
Ever since Rick Ness was accused of contaminating pristine Indonesian water, he's been spending a million a month to convince the world that he's innocent. And once you meet him, you'll want to believe him.
In the annals of perks enjoyed by American corporate executives, the founders of Google may have set a new standard: an un-crowded, federally-managed runway for their private jet that is as close as can be to being in the company's own backyard.