AT&T, Boeing, Citigroup, Duke Energy and Ford reported more than $20 billion of US pre-tax income last year, but didn't pay any federal income taxes. Here's why.
While any petty shoplifter or check-bouncer would have to face the prospect of jail time, Countrywide CEO Mozilo thus far has managed to escape criminal charges.
Excessive speculation played a significant role in the 2008 food crisis, when soaring prices pushed 130 million people into hunger in the world's poorest countries.
My cat is on the pudgy side, but she is nothing like our titans of finance. Let's stop maligning our feline friends by comparing them to greedy, evil Wall Street execs.
Outrageously large rewards for executives give executives an incentive to behave outrageously -- and engage in behaviors that put the rest of us at risk.
Posted on May 31, 2007, Source: Foreign Policy in Focus
The man who tried to equate resistance to corporate globalization with the terrorism of al Qaeda now takes over the World Bank following Paul Wolfowitz's scandal-ridden tenure.
Posted on May 7, 2007, Source: Foreign Policy in Focus
Leaders of developing countries are often forced to work with institutions that promote and protect foreign investment -- with little regard for the costs to democracy and the environment.
The CEOs who sit on the powerful Business Roundtable are working to stop Congress from moving ahead with executive pay reform. The reason? It's all personal.
Stephen Harper, Canada's conservative prime minister, campaigned on strengthening ties with the Bush administration. But the love affair has ended over the American "rendition" of a Canadian citizen to Syria.
Just months ago, bulletproof vest-maker David H. Brooks was living large, having raked in millions selling the military body armor. But it was his last hurrah.
If Rumsfeld hopes to bask in Truman's aura as a military leader, he'd do well to take a stand against the rampant corruption that is occurring on his watch.
Executives at some companies with military contracts have increased their salaries by 200 percent since 9/11. It's time to close the loopholes that permit war profiteering.
To shield various world leaders from popular protest, Quebec City became a virtual police state last weekend. One silver lining to the military crackdown was how it unified anti-free traders of all stripes.
