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Enron

How Big Money Lost -- And Workers Won -- in Phoenix

Jordan Marks | Posted 11.18.2014 | Politics
Jordan Marks

Proposition 487, which would have ended pensions for Phoenix firefighters, police officers, and thousands of other public workers and moved them into risky, privatized plans, went down in flames at the ballot box last Tuesday by over 10 percentage points.

Executives Who Trashed Evidence Must Go to Jail

Ian Reifowitz | Posted 11.12.2014 | Crime
Ian Reifowitz

It doesn't matter if you wear a suit and tie, if you break the law you will go to prison. Sending that message would make all of us safer. But we haven't been doing that consistently enough in America in recent years.

A Matter of 'National Security' (and Beer)

Bartlett Naylor | Posted 11.07.2014 | Business
Bartlett Naylor

Congress approved the Dodd-Frank Wall Street Reform Act in response to world financial calamity. Though delayed and diluted, the reform legislation has led to substantial improvements in consumer protections such as new requirements for regulation of swaps contracts.

We Never Really Know

Joe Navarro | Posted 12.16.2014 | Crime
Joe Navarro

The front pages of newspapers teach us all too often that the "nice guy" we thought so much of actually wasn't so nice. But how did they become that way? Was it because of work or were they always that way?

The Arnold Extravaganza, 11 Years On

William Bradley | Posted 10.06.2014 | Politics
William Bradley

How will Schwarzenegger and his governorship -- easily the most surprising thing in a surprising life -- be seen in the end? That depends on a number of things, not the least of which is himself.

10 Tips Whistleblowers Need to Know to Protect Themselves

Steve Mariotti | Posted 10.01.2014 | Business
Steve Mariotti

Are you an employee at a company that is financially corrupt, or engaging in cover-ups of unethical or illegal behavior? If you're thinking of blowing...

High-Frequency Trading Marks High Water of Financial Corruption

David Paul | Posted 06.12.2014 | Business
David Paul

When a person or firm makes too much money for too long, it turns heads. And so it was with Steven A. Cohen. Year after year, Cohen's firm, SAC Capital, beat the Street. Big bets, the theory went.

Money Can't Buy Votes

Leo W. Gerard | Posted 04.26.2014 | Politics
Leo W. Gerard

Right-wing billionaires threw a hissy fit in recent weeks. The 99 percent are persecuting them, the wealthy ones whined. That whole Occupy Wall Street thing hurt their feelings, conservative 1 percenters pouted.

Corporations, Once Happy Buyers of Art, Are Now Happy If They Can Get Rid of It

Daniel Grant | Posted 04.18.2014 | Arts
Daniel Grant

A much happier subject than this is the joy of collecting art. The newspapers are full of record sale prices for artworks at auction, and art fairs pr...

Now We Know: JPMorgan Chase Is Worse Than Enron

Richard (RJ) Eskow | Posted 03.09.2014 | Politics
Richard (RJ) Eskow

It's true that Enron's energy market manipulations were horrible. Enron executives and employees deprived people of their life savings, drove up the price of a vital public utility, and concealed their crimes with all the wiliness of history's worst master conspirators. But JPMorgan Chase did everything Enron did -- and much, much more.

Worry When You Hear The Phrase 'Corporate Social Responsibility'

The Huffington Post | Jillian Berman | Posted 11.21.2013 | Business

Before Kenneth Lay became notorious for an accounting scandal, he was better known in Enron’s hometown, Houston, for something else: Philanthropy. ...

Portraits Of Disgraced Billionaires Reveal The Shady Side Of White Collar Crimes

Posted 11.13.2013 | Arts

Martha Stewart, Bernie Madoff, Jack Abramoff... what do all these names have in common? They're disgraced billionaires, of course. They've all dabbled...

Supreme Court Considers Whistleblower Protections

AP | Posted 01.23.2014 | Politics

WASHINGTON (AP) — The Supreme Court is looking back at the collapse of energy giant Enron to determine who is protected from retaliation after blowi...

Mark Gongloff

Larry Summers Defended Enron

HuffingtonPost.com | Mark Gongloff | Posted 08.05.2013 | Business

Here's something else to add to the long list of reasons Larry Summers would make a terrible Federal Reserve chairman: He reportedly told California t...

Goldman Sachs, JP Morgan Chase: Pulling an Enron With Commodities

Joseph A. Palermo | Posted 09.20.2013 | Business
Joseph A. Palermo

Goldman Sachs is doing to aluminum exactly what Enron did to energy in the late 1990s and early 2000s: create phony bottlenecks to restrict supply to rip off consumers and skew markets in their favor for things society vitally needs.

JP Morgan Accused of Rigging Energy Markets. A Feather Duster Anyone?

Raymond J. Learsy | Posted 09.16.2013 | Business
Raymond J. Learsy

What, pray tell, is a bank doing in the oil, gas, power and electricity business? Is that why we have a Federal Reserve -- to fund their gambling addiction? Should the bank fail because of its gambling excess, we would be left holding the bill and mopping up the mess of Too Big to Fail.

Next Generation Wind Energy

David Mager | Posted 08.28.2013 | Green
David Mager

Wind is the fastest growing energy resource in the world -- faster than oil and coal which are non-renewable and contribute to climate change. Why?

Reduced Sentence For Disgraced Enron CEO?

AP | JUAN A. LOZANO | Posted 06.21.2013 | Business

HOUSTON -- Ex-Enron Corp. CEO Jeffrey Skilling, already in prison for his role in the once mighty energy giant's collapse, is set to learn if his more...

Why Blow the Whistle? Remembering Enron

Ethan Casey | Posted 08.12.2013 | Politics
Ethan Casey

Whether a "whistleblower," as Edward Snowden is inevitably being called, is good or bad, helpful or damaging, is an unavoidable and fundamental question, thus also inevitably divisive.

Mark Gongloff

Once Upon A Time White Collar Criminals Did This..

HuffingtonPost.com | Mark Gongloff | Posted 05.08.2013 | Business

If you're angry that Enron's ex-CEO might get out of jail early, keep this in mind: At least he went to jail. The decade-old Enron scandal returned...

A Pathological Moral Environment

Mike Lux | Posted 07.07.2013 | Politics
Mike Lux

If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008.

Ghosts of Enron

Mike Lux | Posted 07.03.2013 | Politics
Mike Lux

The ghosts of the Enron Corporation are haunting us still, and they are a lot scarier than any horror movie ghosts because, unlike the Hollywood variety, these ghosts still have enough substance to cause an economic nightmare.

The 5 Causes of Test Cheating Scandals: From Atlanta to Washington D.C

Christopher Emdin | Posted 06.25.2013 | Politics
Christopher Emdin

Testing scandals will continue to persist if the structure of the present school system doesn't change. Here are the 5 main problems that help nurture this culture of cheaters.

Open Memo to Tim Cook: Versioned Out

Marie Woolf | Posted 06.24.2013 | Technology
Marie Woolf

In 2013, if it doesn't somehow make money for me, more or less immediately, having my head in "the cloud" takes on entirely new, and questionable, meaning.

Ex-Enron CEO May Get Out Of Prison Early

Reuters | Posted 06.04.2013 | Business

WASHINGTON, April 4 (Reuters) - Former Enron Chief Executive Jeffrey Skilling, who is serving a 24-year sentence over the company's spectacular coll...