When financial titan Goldman Sachs joined some of its Wall Street rivals in late 2005 in secretly packaging a new breed of offshore securities, it gav...
McClatchy | Greg Gordon | Posted 11.01.2009 | Business
WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...
Diane Francis | Posted 09.22.2009 | World
UBS will hand over information on the accounts of 4,450 wealthy Americans, the bank has announed. But this should be just the beginning and the next big target should be Singapore.
Les Leopold | Posted 07.23.2009 | Business
You can't build the real economy through fantasy finance derivatives. We've got to shrink the financial sector down to size. This tax is one way to start that process.
Mark Weisbrot | Posted 07.06.2009 | World
Eric Massa, a freshman Democratic Representative from Corning in the state of New York, has introduced legislation on May 20 that would seek to punish Argentina by, among other things, denying the country access to U.S. capital markets.
Art Levine | Posted 05.16.2009 | Politics
There's a useful way to channel anger over corporate pay abuses and tax ripoffs that does far more than venting mindless anti-Obama, anti-tax rage at "tea party" rallies.
HuffingtonPost.com | Arthur Delaney | Posted 05.15.2009 | Business
A Senate report estimated in 2008 that the United States loses up to $100 billion a year in tax revenue to offshore tax havens (PDF). In a report rele...
Andy Borowitz | Posted 03.16.2009 | Comedy
In the four-minute tape, a man believed to be the chairman of AIG says that if his organization is not paid its ransom, "chaos and destruction will rain down on the American economy."
HuffingtonPost.com | Sam Stein | Posted 03.27.2009 | Politics
As part of the budget that he will introduce this Thursday, President Barack Obama will call for the closure of tax havens that allow companies to pay...
Andy Borowitz | Posted 02.17.2009 | Business
Madoff pleaded for understanding, explaining, "You do all kinds of crazy things when you're at an impressionable age like 60 or 61."
Andy Borowitz | Posted 01.15.2009 | Business
"Dear neighbors, in exchange for all the support you've shown me, I'd like to do something for you -- in the form of the investment opportunity of a lifetime."
Boston Globe | Farah Stockman | Posted 03.28.2008 | Politics
Kellogg Brown & Root, the nation's top Iraq war contractor and until last year a subsidiary of Halliburton Corp., has avoided paying hundreds of milli...
HuffingtonPost.com | Jason Linkins | Posted 03.28.2008 | Politics
Even though a robust debate continues on whether and when a U.S. President should risk the prestige of the office meeting with sketchy foreign leaders...
LA Times | Bob Drogin | Posted 03.28.2008 | Politics
While in private business, Mitt Romney utilized shell companies in two offshore tax havens to help eligible investors avoid paying U.S. taxes, federal...
McClatchy | Greg Gordon | Posted 12.30.2009 | Business