The federal government under Joe Biden prosecuted fewer corporate crime cases than at any point in the last 30 years. Now the Trump administration is set to drop or pause more than 100 enforcement actions against corporate misconduct.
Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
To properly face the major threats posed by corporate crime, it is important that the Department have more specific and timely ways to measure the incidence and severity of corporate crime.
High-interest loan companies are using Utah’s small claims courts to arrest borrowers and take their bail money. Technically, the warrants are issued for missing court hearings. For many, that’s a distinction without a difference.
USAID has funded the Cerrejón Foundation, charitable arm of Cerrejón mine in Caribbean Colombia, to the tune of millions. Its community development projects are a front tied to long history of displacement, violence, and death.
Being a land defender in Latin America is extremely dangerous. A recent Front Line Defenders report found that in 2017, more than 300 human rights defenders – 80 percent of which were from Brazil, Colombia, Mexico, and the Philippines – were killed. “An analysis of the work done by those killed is instructive: 67 percent were engaged in the defence of land, environmental, and indigenous peoples’ rights and nearly always in the context of mega projects, extractive industry, and big business.
New and protracted battles in the hydraulic fracturing (“fracking”) war are breaking out across Pennsylvania and other states near the Marcellus Shale over pipeline companies’ use of eminent domain.
Canada’s National Inquiry into Murdered and Disappeared Indigenous Women ought to investigate the role of the extractive industry.
“Which is worse: a poor, uneducated young man who sells drugs because he sees no other opportunity, or a multimillionaire executive, at the pinnacle of his power, who decides to subject his workers to a daily game of Russian roulette? ...
Aaron Loeb's new play, Ideation", establishes perfectly the moral conundrum, the slippery slope of the amoral corporate/political project. You don't really know where to draw the line between the past, present and possible future. You only understand that the kind of morality represented by corporate sleaze and groupthink has seeped into areas where "a modest proposal" for killing is readily accepted by political decision-makers.
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