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Corporate Crime

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

HuffingtonPost.com | 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

HuffingtonPost.com | 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

HuffingtonPost.com | 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

HuffingtonPost.com | 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.

Oversight: Why Congress Needs to Back the Securities and Exchange Commission

Sanjay Sanghoee | Posted 11.17.2012 | Business
Sanjay Sanghoee

For the SEC to do its job properly, it needs adequate resources, and for that it needs the support of Congress. To understand why the budgetary issue is so important, and why the SEC deserves more funding, let's look at the trajectory of the Commission since the Madoff scandal.

Drug Companies Drive the Psychiatric Drugging of Children

Dr. Peter Breggin | Posted 07.24.2012 | Healthy Living
Dr. Peter Breggin

The health professions would do far more good stopping the drugging of children than continuing or increasing it. Ethical professionals need to work toward removing children from psychiatric drugs.

Fining Corporate Criminals

Brandon L. Garrett | Posted 08.21.2012 | Business
Brandon L. Garrett

Very few companies are prosecuted and even fewer are convicted at criminal trials. In 2011 it was only nine companies, or less than 6% of the total.

Is Montana's Attorney General Ignoring the Best Challenge to Citizens United?

Charlie Cray | Posted 08.14.2012 | Politics
Charlie Cray

What happens with Montana's case will affect the entire country, not just Montana. Thus, the citizens of Montana and, indeed, all of us deserve to have the very best legal strategies put forth to win this case.

SEC Should Use Wall Street Technology to Detect Corporate Crime

Sanjay Sanghoee | Posted 08.01.2012 | Business
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.

Preying on the Poor

Barbara Ehrenreich | Posted 07.17.2012 | Politics
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.

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

Jack Ucciferri | Posted 02.01.2012 | Business
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.

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

Bob Cesca | Posted 12.27.2011 | Politics
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?