Search

Kenneth Lay's death robs us all of justice and, let's face it, schadenfreude.

Following a nine-month investigation, a Peruvian Congressional Subcommittee has issued its final report on the poisoning deaths by the organophosphate pesticide methyl parathion of 24 children in the remote village of Tauccamarca in October 1999. The Subcommittee concluded that there is significant evidence of administrative and criminal responsibility on the part of Ministry of Agriculture, and of criminal responsibility on the part of the agrochemical company Bayer. Headquartered in Germany, Bayer has been a principle Peruvian importer and distributor of both methyl and ethyl parathion. The report recommends that the government and Bayer indemnify the families of the dead children.

A former Waste Management Inc. chief financial officer was found liable Thursday for civil fraud and other securities violations that federal officials said caused investors to lose more than $6 billion.

A former Waste Management Inc. chief financial officer was found liable Thursday for civil fraud and other securities violations that federal officials said caused investors to lose more than $6 billion.

Former shareholders of Tyco International Ltd., whose former chief executive and chief financial officer were convicted of fraud, have been certified as a class to sue the company and its accounting firm, PricewaterhouseCoopers.

Mr. Vogel now says, according to a plea agreement with federal prosecutors, that he and members of his family were actually linchpins in a long-running arrangement that helped Milberg Weiss snare the lucrative lead counsel position in the Oxford Health and many other securities lawsuits, reaping hundreds of millions of dollars in legal fees.

At the center of a federal inquiry into Representative Alan B. Mollohan, Democrat of West Virginia, is his real estate investment with a bankrupt distant cousin who touted his connections to one of Mr. Mollohan's nonprofit organizations to win work, including a federal contract in his district.

I reported last Thursday that Shirlington Limousine and Transportation, Inc., a firm allegedly used by defense contractor Brent Wilkes to provide prostitutes to ex-Rep. Duke Cunningham, is headed by a man who has a long criminal rap sheet and is also a contractor for the Department of Homeland Security (DHS). It was Mitchell Wade, another defense contractor who has acknowledged bribing Cunningham, and who is cooperating with investigators, who reportedly told prosecutors about Shirlington's relationship with Wilkes and the latter's alleged pimping scheme. (Wilkes's attorney denies the charge.)

Mr. van Kouwenhoven, 63, is also charged with war crimes. He is accused of supplying Mr. Taylor with militia fighters from his lumber companies. He is further charged with violating a United Nations embargo by smuggling weapons into Liberia. His trial, held under a new mix of national and international law, is drawing attention because it is the second time a Dutch court is prosecuting a Dutch businessman for being involved with human rights abuses on another continent.

Along with environmentalists and community activists, big business has descended upon Johannesburg, South Africa, to tout its own "green" growth strategies in the summit on Earth-friendly development. But if the environmental record of one key corporate player is any indication, the overtures are pure "greenwash."

While director of the National Security Agency, Gen. Michael V. Hayden contracted the services of a top executive at the company at the center of the Cunningham bribery scandal, according to two former employees of the company.

A prosecutor tried to poke holes in the testimony of Jeffrey K. Skilling, the former Enron chief executive, today by boring in on stock sales he made in the months after he left the company and before the energy company declared bankruptcy.

In a Houston courtroom this week, former Enron CEO Jeffrey Skilling took the witness stand to plead his innocence, telling jurors that “My life is on the line.”

United Nations sanctions against Saddam Hussein may have failed to end his regime but they succeeded in enriching both the Iraqi dictator and corporations able to manipulate the scandal-ridden world body's Oil-for-Food program. Among the profiteers was the Australian Wheat Board, a former state-owned monopoly, which funneled over $200 million into Saddam's coffers even as the "Coalition of the Willing" was preparing for invasion.

A defense lawyer in the trial of former Enron CEOs Ken Lay and Jeff Skilling spent Thursday morning trying to undermine the testimony of the government's star witness and questioning the authenticity of a "smoking gun" document.

Andrew Fastow considered himself "a hero for Enron'' for hiding losses and bolstering earnings for the company through partnership deals he created.