Corporate Crime

SEC Should Use Wall Street Technology to Detect Corporate Crime

Sanjay Sanghoee | Posted 06.01.2012

Read More: JPMorgan Chase, Wall Street, Quants, Financial Reform, Sarbanes-Oxley Act, Enron, Sec, Quantitative, Facebook, Securities and Exchange Commission, Bernie Madoff, Corporate Crime, Business News
Sanjay Sanghoee

Sadly but fortunately, there has been enough fraud, insider trading and other white collar crime in the United States over the past few decades to enable the SEC to create templates for major types of crimes and to tag the telltale signs of those crimes.

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Preying on the Poor

Barbara Ehrenreich | Posted 05.17.2012

Read More: Corporate Crime, Corporate Corruption, Child Poverty, America Poverty, U.S. Poverty Rate, Poor, Politics News
Barbara Ehrenreich

Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.

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Banks Will Remain Unaccountable Until (Share) Owners Hold Directors Personally Liable

Jack Ucciferri | Posted 02.01.2012

Read More: JP Morgan Chase, Corporate Crime, Corporate Governance, Occupy Wall Street, Bank of America, Banks, Corporate Greed, Citigroup, Bank Accountability, Business News
Jack Ucciferri

Hopefully the next time a bank commits a crime, the guys who fell asleep at the wheel won't have their defense paid for out of your retirement account. We'll only see improvements in banks when directors are liable.

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Occupy Wall Street Isn't Anti-Corporation, It's Anti-Corporate Crime

Bob Cesca | Posted 12.27.2011

Read More: Corporate Crime, Corporate Criminals, Occupy Wall Street Movement, Wall Street Crisis, Rush Limbaugh, Wall Street, Corporations, Great Recession, Economy, Occupy Wall Street Protests, Occupy Wall Street, Conservative Talk Radio, Talk Radio, Aig, Election 2012, Republicans, Politics News
Bob Cesca

The Occupy Wall Street movement, like the American people, isn't anti-corporate, it's anti-corporate crime. The real question is: why aren't its critics like Herman Cain against corporate crime?

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Federal Prosecutors Take Softer Approach To Corporate Crime

The New York Times | GRETCHEN MORGENSON and LOUISE STORY | Posted 09.06.2011

Read More: Corporate Crime, JPMorgan Chase, Treasury Department, Deferred-Prosecution, Arthur Andersen, Crime, Banks, Sec, Federal Prosecutors, Beazer-Homes, Securities and Exchange Commission, Justice Department, Business News

As the financial storm brewed in the summer of 2008 and institutions feared for their survival, a bit of good news bubbled through large banks and the...

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The Global Economy's Corporate Crime Wave

Jeffrey Sachs | Posted 07.08.2011

Read More: Corporate Crime, Corruption, Good Governance, Tax Havens, Wall Street Crisis, Wall Street, Accountability, Corporations, Politics News
Jeffrey Sachs

When companies are fined for malfeasance, their shareholders pay the price. The real culprits at the top of these companies rarely need to worry.

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We're Better off Than Egypt -- Right? Let's Take a Look.

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Egypt Protests, Cairo Protests, Corporate Crime, Poliical Corruption, Bank Influence, Banking, Deficit Commission, Austerity Economics, Politics News
Richard (RJ) Eskow

Income inequality is actually greater in the United States than it is in Egypt. Poverty and unemployment statistics for U.S. minorities are surprisingly similar to Egypt's.

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Corporate Junk Economics Return to Capitol Hill

Robert Weissman | Posted 05.25.2011

Read More: Corporate Crime, Green Jobs, Corporations, Darrell Issa, Deregulation, Public Health, Regulation, Jobs, Financial Regulation, Politics News
Robert Weissman

Rather than providing a platform for presentation of a corporate wish list, Darrell Issa should be subjecting corporate claims to the withering scrutiny he promises for the Obama administration. These claims collapse under examination.

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Contracting Abuses Could be Solved With New Bill

Lloyd Chapman | Posted 05.25.2011

Read More: Small Business, Abuse, Charles Tiefer, Obama Administration, Loopholes, Corporate Giants, Barack Obama, Fraud, Corporate Crime, Small Business Administration, White Collar Crime, Nydia Velazquez, Congressional Oversight, Contracting, American Small Business League, Corporate Greed, Small-Business-Committee, Politics News
Lloyd Chapman

The diversion of federal small business contracts to corporate giants has gone on for over a decade. H.R. 2568 is a deficit neutral and much needed solution to these long standing abuses.

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How Soon Until the Free Market Stops the Oil Spill?

Bob Cesca | Posted 05.25.2011

Read More: Tony Hayward, Gulf of Mexico Oil Spill, Robert Reich, Free Market Capitalism, Bp, Ronald Reagan, Reagan Revolution, British Petroleum, Gulf Oil Spill, Capitalism, Reaganomics, Corporate Crime, Oil Spill, Ayn Rand, Corporations, Corporate Greed, Gulf Coast, Politics News
Bob Cesca

This is a spoiled, petulant and entitled corporation operating in a largely deregulated free market atmosphere. Are we to believe that it's acting responsibly and with the best interests of the Gulf in mind? Not a chance in hell.

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The Best Pranks of 2010

The Yes Men | Posted 05.25.2011

Read More: Corporate Crime, Politics, Corporate Greed, April Fools Day, James O'keefe, Acorn, Politics News
The Yes Men

These pranks employed the most state-of-the-art PR and marketing tools, were engineered by the most pedigreed pranksters on earth, and impacted the media and public opinion in far-reaching ways while leaving nary a fingerprint.

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How to Get Away With Murder: Guidant and Corporate Criminal Justice

Michael Santos | Posted 05.25.2011

Read More: Prison Reform, Corporate Crime, Corporate Law, Corporate Responsibility, Prison, Corporate America, Corporations, Corporate Power, Boston Scientific, Corporate Greed, Mandatory Minimums, Guidant, Politics News
Michael Santos

After the Guidant Corporation sold flawed heart defibrillators which killed six people, prosecutors negotiated a fine of $296 million -- just 1% of what Boston Scientific paid to acquire it after the investigation began.

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150 Years

Robert Weissman | Posted 05.25.2011

Read More: Corporate Crime, Bhopal, Alien Tort Claims Act, Exxon, Bernard Madoff, Madoff Victims, Climate Change, Big Tobacco, Exxon Valdez, Business News
Robert Weissman

The 150-year sentence is headline grabbing, but what should surprise us is not that Madoff got such a long sentence, but that other corporate criminals escape with no criminal prosecution at all.

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This Week in Cheating: Madoff Sentenced

Jeff Kreisler | Posted 05.25.2011

Read More: Bernie Madoff Jail, Corporate Crime, Sentence, Get Rich Cheating, New York Court, 150 Years, Madoff, Bernie Madoff Victims, Scam, Life Sentence, Bernard Madoff, Cheating, Death Sentence, Ponzi, Bernie Madoff, Monty Python, Comedy News
Jeff Kreisler

Bernie Madoff got 150 years in prison, though he told investors it was 175 years... and they each told two investors it was 190 years... and so on and so on and so on...

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The Free Market's Marked Men, From The Niger Delta To The Amazon

Amy Goodman | Posted 05.25.2011

Read More: Niger Delta, Alien Tort Claims Act, Wiwa v. Shell, Lima, World, World News, Environment, Politics News, Oil Spills, Peru, Peruvian Jungle Interethnic Development Association, Shareholders, Corporate Crime, Nigeria, Nicaragua, Amazon, Human Rights, Alberto Pizango, U.S./Peru Trade Promotion Agreement, Chevron, Africa, Royal Dutch Shell, Oil, Ken Saro-Wiwa, Pollution, Shell Oil, Center for Constitutional Rights, Rainforests, Ken Wiwa, Alan Garcia, Ecuador, Oil Companies, Genocide, Green News, Breaking Politics News, Ogoni, Ptpa, Aidesep, World News
Amy Goodman

Ken Saro-Wiwa's family and others just won a landmark settlement in U.S. federal court, ending a 13-year battle with Shell Oil. Alberto Pizango's ordeal is just beginning.

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The Video Shell Doesn't Want You to See

Han Shan | Posted 05.25.2011

Read More: Corporate Crime, Earthrights International, Center for Constitutional Rights, Human Rights, Ken Saro-Wiwa, Royal Dutch Shell, Shell Oil, Nigeria, World News
Han Shan

Multinational oil giant Royal Dutch Shell has done everything in its power to stop a trial that would require them to answer to charges of human rights abuses.

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The Most Evil Corporations, Industries and Orgs

Rob Kall | Posted 05.25.2011

Read More: Corporate Crime, Nationalization, Newscorp, Exxon Mobil, Fox News, Imf, Evil, Corporate Greed, Government Ownership, Monsanto, Business News
Rob Kall

In these trying economic times, when new ideas and approaches must be developed, maybe it is time we identify and deal with the real enemies of the good, of humanity and the earth.

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The 10 Worst Corporations of 2008

Robert Weissman | Posted 05.25.2011

Read More: Roche, Smoking, Economy, Food Crisis, Cargill, Aig, Corporate Power, Tax Evasion, Philippines, Osha, Imperial Sugar, HIV/AIDS, Corporate Crime, Darfur, Philip Morris, Dole, Cnpc, Corporate Greed, Constellation, Financial Crisis, Chevron, Nuclear Power, Ge, Business News
Robert Weissman

In keeping with our tradition of highlighting diverse forms of corporate wrongdoing, we included only one financial company on the 10 Worst list.

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The United World of Obama: The Future is Now

Shirin Sadeghi | Posted 05.25.2011

Read More: Corporate Crime, President-Elect Barack Obama, Kenya, World, Afghanistan, Pakistan, Voter Turnout, Obama, Iraq, Iranian-American, John McCain, President Obama, Obama Wins, Obama Election Day, HuffPost Election Analysis, Election Day 2008, Election Day, Joe Biden, Election Results, 2008 Election, Sarah Palin, Election, Barack Obama, Presidential Results, HuffPost Election Reaction, Election Reaction, Obama Presidency, Obama President, Presidential Election, Election Analysis, Politics News
Shirin Sadeghi

Tonight, the American people didn't just unite their states, they united the world: a world that in 7 short years had seen the nadir of hate, had witnessed the horror of inhumanity.

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U.S. Businesses Hiding $58 Billion of Your Money

Jonathan Tasini | Posted 05.25.2011

Read More: Corporate Welfare, Corporate Crime, Class Warfare, Taxes, Business News
Jonathan Tasini

The money just never got to the government -- it's sitting in corporate coffers, gathering interest and/or being used for purposes that it was never intended for.

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Oil Prices Were Manipulated, U.S. Government Commission Charges

Janet Ritz | Posted 05.25.2011

Read More: U.S. Economy, New York Mercantile Exchange, Crude Oil Prices, The Environmentalist, Commodity Prices, Heating Oil Prices, Green, Commodities Speculation, Green Business, Gasoline Futures, Commodity Futures Trading Commission, Business, Investigation, Cftc, Oil Price Manipulation Investigation, Corporate Crime, Politics, Gasoline Prices, Oil, Oil Prices, Optiver Holding, Green News
Janet Ritz

The agency charged with "ensuring the integrity of the futures & options market," has accused Optiver Holding of manipulating the prices of crude oil, heating oil and gasoline futures on the NY Mercantile Exchange.

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Crime, Punishment and ExxonMobil

Robert Weissman | Posted 05.25.2011

Read More: Tort, Civil Justice, Lawsuits, Climate Change, Corporate Crime, Corporate Accountability, Global Warming, Exxon Valdez, Business News
Robert Weissman

The direct precedential value of the Exxon decision will cast an ominous shadow over state and federal court decisions on punitive damages for years to come.

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Top NASA Climatologist: Put CEOs On Trial For Global Warming Lies

Fox News | Posted 05.25.2011

Read More: Corporate Crime, Global Warming Denial, Punishment for Global Warming Lies, Climate Change, Denialism, James Hansen, Global Warming, Green News

Dr. James Hansen, director of the NASA Goddard Institute for Space Studies in New York, sounded the alarm about global warming in testimony before a S...

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