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A former government attorney told Congress on Wednesday that he was fired for investigating a hedge fund too aggressively and said law enforcement is failing in its duty to protect investors in the growing hedge fund industry.

Last year, the Securities and Exchange Commission (SEC) began investigating one of the nation's largest hedge funds, Pequot Capitol Management, for possible insider trading. Up until last summer, the inquiry was headed by SEC lawyer Gary Aguirre. His investigation proceeded smoothly, Aguirre claims, until he asked for testimony from former Pequot chairman and Morgan Stanley CEO, John Mack, a top Bush donor.

The giant Dutch bank ABN Amro, one of the world's largest financial institutions, is facing charges of "environmental hypocrisy" from green groups concerned over the bank's possible financing for a controversial Russian oil extraction project.

The Government Accountability Project (GAP) today released the Vaughn Report, commissioned by the World Bank as a guide to modernize the Bank's whistleblower protection policies. In the nine months since the Vaughn report was released on April 30, 2005, the World Bank has refused to publicly release the report, consult staff on Vaughn's recommendations, or accept any offers from experts to help implement Vaughn's analysis.

BP says it's a leader in moving the world "Beyond Petroleum" to protect the environment. A closer look shows that their ad campaign is Beyond Belief.

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