In May 2008, a unit of Koch Industries Inc., one of the world's largest privately held companies, sent Ludmila Egorova-Farines, its newly hired compliance officer and ethics manager, to investigate the management of a subsidiary in Arles in southern
(Reuters) - The Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency's enforcement chief said, pointing to the complexity of the cases and the industry's strong legal defenses.
SolarReserve LLC, a closely held renewable energy developer, received a $737 million U.S. Energy Department loan guarantee... Argonaut Private Equity might have a chance to recoup some of their losses in the Solyndra debacle now that...
A scandal that threatened to bring down the Australian government eased Thursday when police announced they would not charge a lawmaker accused of misusing an official credit card to pay prostitutes.
An attorney representing the police officers called Police Chief Gilbert to the stand. The town’s attorney responded by saying that he was not present in the courtroom, which drew an audible response from the 60+ crowd sitting and standing in the cou
Most wealthy members of Congress push their financial activities to the side, with many even placing them in blind trusts to avoid appearances of conflicts of interest. But Mr. Issa, one of Washington’s richest lawmakers, may be alone in the hands-on
If Russian prime minister Putin’s recent description of America as “a parasite on the world” were reported by the US media, little doubt that most Americans would be infuriated. We are the virtuous people. Without us good guys to police...
Superior Court Judge Robert Bartlett has issued a temporary restraining order telling the Town of Quartzsite they cannot terminate any of the police department employees currently under investigation until...
Did someone [named Mitt] create a company for the sole purpose of giving to a political action committee trying to boost Mitt Romney's 2012 presidential campaign? That's what it looks like. 3 firms gave $1 million apiece to Restore Our Future, a cons
A French court launched a criminal investigation into allegations that Lagarde abused her power when she served as France’s finance minister and oversaw a dispute involving multimillion-dollar payouts to a business tycoon.
There's nothing like a good ol' Chicago coincidence. I mean, those marvelous situations in which connected people and groups always seem to have a lucky shamrock in their pocket at just the right time are a distinctive part of what makes Chicago, wel
Retirement funds have become the ultimate fudge making tool of corrupt fiscal policy around the world. Treasury Secretary Tim Geithner has been robbing federal pensions for the last several months in the absence of a debt deal...
The Democratic party has made clear that it supports institutionalized looting by banks, via the innocuous-seemeing device of rejecting the idea of writedowns on bonds they hold.
A new filing in the King Lincoln Bronzeville v. Blackwell case includes a copy of the Ohio Secretary of State election production system configuration that was in use in Ohio’s 2004 presidential election ...
Many have the sneaking suspicion our elected “leaders” in Congress are not going to Washington D.C. to represent us but for their own personal gain. Using the net worth data by the Center for Responsive Politics we found a disturbing trend.
The real “bad guys” turn out to have nothing to do with Julian Assange, Bradley Manning. Corruption put US taxpayers’ money into the hands of Taliban. And their actions could be incomparably more devastating and embarrassing for America than the comb
Government watchdogs are calling for an overhaul of the Defense Department's health care program for military retirees and cuts to contract spending in an effort to reduce the federal deficit. [No cuts to high-tech weapons systems, of course.]
D.C. Mayor Vincent C. Gray’s campaign accepted cash contributions above the city’s legal limit and in some cases recorded donations from people who say they didn’t contribute to his mayoral bid, according to a Washington Post review of District recor
Britain’s roiling phone-hacking scandal reverberated deep inside this nation’s power structure, with the head of Scotland Yard resigning hours after Rebekah Brooks, the former chief executive of Rupert Murdoch’s British operations, was arrested.
Its a sad situation, and it appears that whatever hopes we may have had that the Attorneys General were not like the whores in Congress appear to be starting to fade.
Corporate American, and apparently important agencies, much prefer to hire people who’ve had Big Jobs no matter how poorly they’ve performed in them, that are very similar to the one at hand, rather than hire someone who relevant skills...
AT&T is lining up support for its acquisition of T-Mobile from a slew of liberal groups with no obvious interest in telecom deals — except that they’ve received big piles of AT&T’s cash. The NAACP, the Gay & Lesbian Alliance Against Defamation and th
Following the annual Bilderberg meeting in St. Moritz Switzerland this weekend, a prominent attendee to the elitist gathering has been entered into the race to become the IMF head at the eleventh hour.
Breaking news. There's been a bomb. Sorry, a "bomb". A "tubular device" has been "found" by the police, two people have been cuffed and whisked off, and the security is tightening fast.