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Corporate Crime

Volkswagen's Real Victims -- And Who's Really Responsible

Nell Minow | Posted 10.01.2015 | Business
Nell Minow

There is not a person on the planet who will not be affected by this diabolical decision to steal profits by externalizing the costs of environmental destruction onto everyone. Current estimates are as high as a million tons of toxic emissions per year being added to the air we breathe.

DOJ's Pledge To Prosecute White-Collar Criminals Is Getting A Major Test

The Huffington Post | Daniel Marans | Posted 09.22.2015 | Business

The Obama administration accused Volkswagen on Friday of a stunning scheme to deceive the government about its cars’ emissions standards and or...

Kill a Worker? You're Not a Criminal. Steal a Worker's Pay? You Are One.

Rena Steinzor | Posted 07.20.2015 | Crime
Rena Steinzor

Secretary Perez needs to upgrade health and safety enforcement to the level of wage and hour enforcement. Workers must be paid a fair wage, but they also need to survive a day on the job.

If Corporations Are People, Some Crimes Deserve Capital Punishment

Nell Minow | Posted 06.09.2015 | Business
Nell Minow

Corporations are considered people when it comes to spending shareholder money secretly to thwart public policy goals on health, safety, the environment, and the economy.

Commonwealth Club and Chevron CEO Shamed into Silence

Paul Paz y Miño | Posted 04.03.2015 | Green
Paul Paz y Miño

Following close to 5000 emails and a letter from over 40 environmental and human rights NGOs, a spirited group of activists disrupted the San Francisco Commonwealth Club's annual gala last week.

Large Foundations: Rethink Your Priorities

Ralph Nader | Posted 04.11.2015 | Impact
Ralph Nader

After decades of observing effective groups with untapped potential suffering from a dearth of funding, I can point to 15 specific missed opportunities by indifferent foundations. Here is my short list of areas where funding is needed but lacking.

America Should Send More People to Prison

Robert Kuttner | Posted 04.03.2015 | Politics
Robert Kuttner

You know the statistic. We incarcerate a higher proportion of the population than any other country does. Hundreds of thousands of young, now aging, men, are doing hard time for possession of small amounts of drugs. More and more people find themselves in jail because they got caught with bench warrants for their arrest for exorbitant fines they could not afford to pay. More than a century after debtors prisons were abolished, thousands are again behind bars because of debts. But one category of felon is free on the street. I refer, of course, to corporate criminals. Consider the case of a checkout clerk at Walmart who puts her hands in the till and walks off with a couple of hundred bucks of the company's money. That clerk could expect to face prosecution and jail. Now consider her boss, who cheats her of hundreds of dollars of pay by failing to accurately record the time she clocked in, or the overtime she worked.

Credit Suisse: Big Crimes Become Big Business

Ralph Nader | Posted 06.15.2015 | Politics
Ralph Nader

These elaborate illegal acts over many years show a deliberate willingness by Credit Suisse AG officials to knowingly engage in profitable activities that defrauded the U.S. Treasury and burdened honest taxpayers. But the Credit Suisse story does not end there.

Attention Next Attorney General: More Justice Wanted

Ralph Nader | Posted 12.06.2014 | Politics
Ralph Nader

The next attorney general should apply the Constitution and international law to rein in these dictatorial actions by the out-of-control White House.

Lynne Peeples

Corporate Execs Sent To Prison Over Toxic Chemical Bribery | Lynne Peeples | Posted 08.11.2014 | Green

On Nov. 22, 2006, Paul Jennings received an email from a fellow executive at his chemical company. "As you are aware, Indonesia was planning to go lea...

Fighting for Justice for All New Yorkers

Eric T. Schneiderman | Posted 07.21.2014 | New York
Eric T. Schneiderman

Since taking office as attorney general nearly four years ago, I have made it my priority to ensure that the law applies equally to everyone, not just the rich and powerful.

Deaths Caused by Corporations Are Punished by Taking It Out of Their Allowance

Judge H. Lee Sarokin | Posted 07.19.2014 | Business
Judge H. Lee Sarokin

Absent some examples of severe individual punishments, corporations' sales will continue to be more important than safety and profits more important than people. There must be a stronger deterrent and more severe punishment than taking it out of their allowance.

How Responsible Is Business for Social Responsibility?

Paul Paz y Miño | Posted 02.05.2014 | Green
Paul Paz y Miño

Last month, the Brazilian mining company Vale was invited to present its perspective on a panel entitled, "Voices of Rights Holders in the Extractives Industry." This is like inviting the CIA to a panel on the rights of victims of torture.

The Julian Petroleum Scandal and the Murder of Hollywood Icon Motley Flint

Casey Scharf | Posted 09.16.2013 | Crime
Casey Scharf

This July, some eight and a half decades after my great-grandfather's psychotic breakdown and subsequent murder of Motley Flint, my family remembers how little things have changed.

In The Public Interest : Four Reasons Lawmakers Are Scrutinizing How Companies Turn Settlements From Wrongdoing Into Tax Write Offs

Phineas Baxandall | Posted 09.01.2013 | Politics
Phineas Baxandall

The oil giant BP paid for cleanup and compensation for their massive Gulf oil spill, and rightfully so. But was this a "necessary and ordinary cost of doing business" that deserved a $10 billion tax break? I think most of us would respond with a resounding, "no!"

Sweetheart Deferred Prosecution Deals for Swiss Banks

Russell Mokhiber | Posted 08.05.2013 | Business
Russell Mokhiber

Major Swiss banks were positioning themselves last week to survive a U.S. Justice Department criminal probe for sheltering wealthy American tax dodgers. (Translation: Prepare the deferred prosecution agreements.)

Furey Against the SEC

Russell Mokhiber | Posted 07.30.2013 | Business
Russell Mokhiber

Kathleen Furey had an upward career trajectory at the Securities and Exchange Commission (SEC). She started at the SEC's New York office in 2004. In 2005 she got a promotion. In 2006 she got a promotion. Then in 2007, the promotions stopped.

A Dream Foreclosed

Russell Mokhiber | Posted 07.23.2013 | Business
Russell Mokhiber

How different are the big Wall Street banks circa 2008 from the loan sharks of the 1970s? Not very. Laura Gottesdiener has written a remarkable book that hits hard against the big Wall Street banks.

Eleazar David Melendez

Another Lie Catches Up With KPMG Partner Accused Of Insider Trading | Eleazar David Melendez | Posted 04.13.2013 | Business

Scott London's bad case of tarnished credibility this week started when the partner at accounting giant KPMG was fired after federal prosecutors charg...

Eleazar David Melendez

Federal Regulator Issues Tiny Fine For Financial Companies Engaged In Massive Fraud | Eleazar David Melendez | Posted 04.04.2013 | Business

For more than a decade, four mortgage insurance companies paid illegal kickbacks to banks as part of a scheme that greatly inflated insurance costs fo...

Getting Tough on Devastating Corporate Crime

Ralph Nader | Posted 05.22.2013 | Business
Ralph Nader

Ironically, it's many of the same politicians who say they are "tough on crime" that are collecting millions of dollars in campaign money from the biggest crooks in America.

Mark Gongloff

Eric Holder Should Probably Read This | Mark Gongloff | Posted 03.13.2013 | Business

While Attorney General Eric Holder and the media fret about whether to charge banks with crimes and risk harming innocent people, the Attorney General...

Government Rakes In Record Amount In Fines

The Huffington Post | Bonnie Kavoussi | Posted 12.21.2012 | Business

You may not have noticed, but companies are paying more in fines. The federal Crime Victims Fund, which collects federal criminal fines from people...

Geithner Must Go

Charlie Cray | Posted 01.26.2013 | Business
Charlie Cray

An early litmus test of Barack Obama's willingness to push policies to help the middle class in his second term will be whether or not he gives Treasury Secretary Geithner the sack.

Solutions Worth Debating

Ralph Nader | Posted 12.23.2012 | Politics
Ralph Nader

Should the candidates care to consider and debate real solutions, they need not work too hard. The country is full of them -- applied here and there or ready on the shelf.