Corporate crime
In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or...
Corporate crime - Wikipedia
Innocent after Proven Guilty: Supreme Court throws out Arthur-Andersen conviction
In a rare unanimous decision, the Supreme Court overturned the conviction of Arthur-Andersen Accounting for destroying documents related to their client Enron in the early days of the scandal. The rul...
Harvey Weinstein's Contract Allowed for Sexual Harassment
The Weinstein Co. may have illegally fired Harvey Weinstein and it also tolerated sexual harassment in his contract.
U.S. authorities raid Caterpillar's Illinois facilities| Reuters
Federal law enforcement officials conducting a criminal probe of heavy machinery manufacturer Caterpillar Inc searched three of its facilities on Thursday, prompting a sharp sell-off in the company's ...
RT: NatWest To Close Russian Channel's UK Bank Accounts
Natwest bank is to close all accounts in the UK belonging to Russian state-run broadcaster RT, formerly Russia Today, a move denounced by the network.
Bernie Sanders To DOJ: Focus Wells Fargo Criminal Probe On Senior Execs
Bernie Sanders, Elizabeth Warren and other Senators are pushing the Attorney General to pursue criminal charges against Wells Fargo senior executives like CEO John Stumpf.
U.S. Top Court Leans Toward Making Insider Trading Prosecutions Easier
U.S. Supreme Court justices hearing a closely watched insider trading case indicated on Wednesday they could issue a ruling that would make it easier for prosecutors to pursue such charges against hed...
How The Owners Of Fidelity Get Richer At Everyday Investors' Expense
At Fidelity, ordinary fund investors are missing out on hot pre-IPO deals due to conflicts of interest with the funds’ billionaire owners.
Wells Fargo Fired 5,300 Workers For Improper Sales push. The Executive In Charge Is Retiring With $125 Million.
The company's "record" fine looks puny compared to its top executives pay packages.
The Trans-Pacific Partnership Trade Deal Is A Bad Deal For The American People.
We cannot allow this agreement to forsake the American middle class, while foreign governments are allowed to devalue their currency and artificially prop-up their industries.
Goldman Sachs Hired Prostitutes To Win Libyan Business, Court Told
Wall Street Bank disputes allegations by Libyan sovereign wealth fund that it paid for the women, as well as private jets and five-star hotels
Holder: Snowden Did "Public Service," But Should Still Stand Trial
Former U.S. Attorney General Eric Holder said in a podcast Edward Snowden should have to face consequences for his actions, including prison time...
The Trans Pacific Partnership (TPP): The Most Criminal Treaty In History
As of 5 October 2015, a super-secret 12-nation treaty called TPP is set to be signed by the 12 nations, and the terms of this massive international contract will be kept secret until the contract h...
Goldman Sachs Must Pay $5 Billion For The Sale Of Risky Mortgages Leading Up To The Financial Crisis
The Justice Department on Monday announced a $5-billion settlement with Goldman Sachs over the sale of mortgage-backed securities leading up to the 2008 financial crisis.
Corporate Crime Runs Rampant Thanks To 'Rigged' System: Elizabeth Warren
Three days before the Iowa caucuses, Sen. Elizabeth Warren has released what might have been her closing argument had she been a candidate in the presidential race. It’s a thorough indictment of a rig...
In defense of America's 'Benedict Arnold' CEOs
Yet another big American company is fleeing overseas to find a safe space from U.S. taxes. And once again, grandstanding politicians are stomping all over the businessmen behind the deal. Drug giant ...
Now, US Companies To Be Required To Reveal CEO's Versus Workers' Pay
The chief executive of General Electric raked in a $37.3 million pay package last year, a large sum by any standard. But how much larger was it than the average pay of the 305,000 employees who helped...
Police corruption
Police corruption is a form of police misconduct in which law enforcement officers break their social contract and abuse their power for personal or department gain.One common form of police corruptio...
Bhopal disaster
The Bhopal disaster, also referred to as the Bhopal gas tragedy, was a gas leak incident in India, considered the world's worst industrial disaster.It occurred on the night of 2–3 December 1984 at the...
Bhopal disaster - Wikipedia
Corporate scandals
A corporate collapse involves a major insolvency or bankruptcy of a failure. A corporate scandal involving allegations of unethical behavior by people acting within or on behalf of a corporation. A co...
Savings and loan crisis
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 1,043 out of the 3,234 savings and loan associations in the United States from 1986 to 1995: ...
Innocent after Proven Guilty: Supreme Court throws out Arthur-Andersen conviction
In a rare unanimous decision, the Supreme Court overturned the conviction of Arthur-Andersen Accounting for destroying documents related to their client Enron in the early days of the scandal. The rul...
Arthur Andersen
Arthur Andersen LLP, based in Chicago, is a holding company and formerly one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, prov...
Arthur Andersen - Wikipedia
Yield Burning
Yield burning is a form of financial fraud involving the United States municipal bond market.
Yield burning was a method by which major Wall Street U.S. municipal bond dealers cheated the United S...