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Corporate titans taking advantage of the rest of us.
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81% Raise to $17 Million, CEO Wants Wage Freeze | CEO Payday

81% Raise to $17 Million, CEO Wants Wage Freeze | CEO Payday | Raw Deals | Scoop.it

Caterpillar Industries CEO Doug Oberhelman received “an 81 per cent increase from his 2010 cash award,” according to Pat Garofalo in ThinkProgress. In total his compensation is now $16.9 million annually.

 

Caterpillar has engaged in tough union-busting battles, in one case closing a plant rather after workers would not accept hourly wage cuts from $35 to $18 per hour. Now the company wants to impose “a six-year wage freeze . . .

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Case of Russian blogger Alexey Navalny shows why Congress should approve human rights act

Case of Russian blogger Alexey Navalny shows why Congress should approve human rights act | Raw Deals | Scoop.it

Officials try to silence blogger Alexey Navalny for uncovering crony capitalists ripping off the Russian public.

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City of Tulsa, Oklahoma, destroys woman's edible landscaping with over 100 varieties of medicinal plants

City of Tulsa, Oklahoma, destroys woman's edible landscaping with over 100 varieties of medicinal plants | Raw Deals | Scoop.it
City of Tulsa, Oklahoma, destroys woman's edible landscaping with over 100 varieties of medicinal plants...
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STUDY: Super-Rich Hiding At Least $21 Trillion In Tax Havens

STUDY: Super-Rich Hiding At Least $21 Trillion In Tax Havens | Raw Deals | Scoop.it
According to a new study, the world’s super-rich are shielding at least $21 trillion in secret offshore tax havens.
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SeeYouInCourtVille: law firms investigating Zynga for possible insider

SeeYouInCourtVille: law firms investigating Zynga for possible insider | Raw Deals | Scoop.it
Three months before releasing a quarterly earnings report that slaughtered an already-decimated stock, Zynga executives and investors unloaded some of their stock, raking in more than $500 million dollars.
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Farm workers' suit alleges unfair firing - Yakima Herald-Republic

Farm workers' suit alleges unfair firing - Yakima Herald-Republic | Raw Deals | Scoop.it
Farm workers' suit alleges unfair firingYakima Herald-RepublicAt least 10 farm workers from the Lower Valley are alleging their former employer fired them for complaining that a foreman brandished and fired a handgun to intimidate workers.
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Fertilizer CEO Acknowledges $15M Bribery Scandal | CEO Payday

Fertilizer CEO Acknowledges $15M Bribery Scandal | CEO Payday | Raw Deals | Scoop.it

Norwegian-based, international fertilizer giant Yara International has finished an internal investigation confirming they paid millions of U.S. dollars’  worth of bribes to win contracts around the world. ...

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Hedge fund 'King of Tokyo' dethroned by insider trading probe - Blogs

Hedge fund 'King of Tokyo' dethroned by insider trading probe - Blogs | Raw Deals | Scoop.it

Dubbed the “King of Tokyo” by traders, the 53-year-old American seemed to have it all: wealth, professional acclaim and status as a patron of contemporary art. In his best year, Brogan had managed over one billion dollars

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UK convicts 6 men of insider trading | The Jakarta Post

UK convicts 6 men of insider trading | The Jakarta Post | Raw Deals | Scoop.it
Britain's Financial Services Authority says six men have been convicted of participating in an insider dealing ring that made a profit of more than ...
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$53 Million to Dark Lord of Coal Country | CEO Payday

$53 Million to Dark Lord of Coal Country | CEO Payday | Raw Deals | Scoop.it

In 2010 an explosion in a West Virginia coal mine owned by Massey Energy took the lives of 29 miners. Chief executive officer Don Blankenship received $53 million to leave...

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Parliament to grill cheating bankers - The Sun

Parliament to grill cheating bankers - The Sun | Raw Deals | Scoop.it
The SunParliament to grill cheating bankersThe SunCHEATING bankers will be hauled before Parliament to answer for their arrogance.Adair Turner: lying bankers' 'heads should roll'Telegraph.co.ukBarclays rate scam deepensCalcutta TelegraphScandal That...
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Father Barr accuses the regime of crony capitalism « Fiji Democracy ...

On the island paradise of Fiji, a freedom blogger accuses corporations of cutting deals which ensure workers get paid less.

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It's a family affair

It's a family affair | Raw Deals | Scoop.it
IN RECENT years China’s leaders have become increasingly concerned that the public’s awareness of the growing wealth gap could lead to social instability.

Communists prove time and time again they will steal from their people, just with far more power and impunity than any American CEO ever could.

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Mitt's Offshore Shenanigans: The Bigger Story

Mitt's Offshore Shenanigans: The Bigger Story | Raw Deals | Scoop.it
All those official stats on wealth maldistribution vastly understate our contemporary inequality, says a landmark new study on tax havens.
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Embezzlement Charge for Putin Foe

Embezzlement Charge for Putin Foe | Raw Deals | Scoop.it

Aleksei Navalny, a Russian blogger and anti-corruption activist, was charged Tuesday with embezzlement. The charge, which could result in a five to 10-year prison sentence, is one of the most outright actions the Russian government has taken against Navalny, one of the leaders of the anti-Kremlin protest movement that began in December.

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Iran sentences four to death over banking scandal - Reuters

Iran sentences four to death over banking scandal - Reuters | Raw Deals | Scoop.it

Some countries take their banking scandals more seriously than others. These poor suckers stepped out of line on the Ayatollahs. As tempting as it may be to sometimes think similar punishment is warranted for Western financial scandals, this does seem rather harsh to say the least . . .

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A Closer Look: Mitt Romney's Pork Barrel Olympics

A Closer Look: Mitt Romney's Pork Barrel Olympics | Raw Deals | Scoop.it
What Romney doesn't talk about is how he succeeded in Utah with government help—lots of it—and how millions in assistance that he pried out of the feds ended up bankrolling subsidies, sweetheart deals, and giveaways for ...
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SF-Based Drug Company To Pay $23.6 Million After Price Inflation ...

SF-Based Drug Company To Pay $23.6 Million After Price Inflation ... | Raw Deals | Scoop.it

The states alleged that McKesson, one of the nation's largest drug wholesalers, inflated the wholesale prices of prescription drugs by as much as 25 percent.

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"New Information" Is Cantor-ese for "I Got Caught"

"New Information" Is Cantor-ese for "I Got Caught" | Raw Deals | Scoop.it

Majority Leader Eric Cantor's office claimed "it did nothing to change the intent of the STOCK Act. But when pressed with the new information uncovered by CNN, the majority leader's office conceded it made changes to the House bill that effectively took out the requirement for spouses and children to file these reports."

 

Later they claimed "Since new information has been brought to our attention with respect to this discrepancy, we are reviewing our options regarding transaction reports in the House of Representatives."

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Analyst to plead guilty to insider trading - FierceFinance

Analyst to plead guilty to insider trading - FierceFinance | Raw Deals | Scoop.it
New York TimesAnalyst to plead guilty to insider tradingFierceFinanceThe insider trading evidence against him would appear strong, featuring cooperating witnesses, wiretaps, instant message and the like.
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Daily Kos: John Mccain called Mitt Romney's Olympics a "national disgrace" "full of sweetheart deals". (Video)

Daily Kos: John Mccain called Mitt Romney's Olympics a "national disgrace" "full of sweetheart deals".  (Video) | Raw Deals | Scoop.it
Mitt Romney used the olympics for sweetheart deals to major dealers. $Billions of taxpayers money simply got lost or wasted on cronies.



John Mccain called the games a "national disgrace" that ...
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Duke Energy's Crony Capitalism Infects the Democratic National ...

Duke Energy's Crony Capitalism Infects the Democratic National ... | Raw Deals | Scoop.it
The relationship between Obama and Rogers is classic crony capitalism where businesses use their financial and lobbying power to obtain rewards from elected officials. Read the entire Fox News story here.
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Hedge Fund News: Philip Falcone and Others to Stand Trial - Insider Monkey

Hedge Fund News: Philip Falcone and Others to Stand Trial - Insider Monkey | Raw Deals | Scoop.it
Three accused hedge fund insider-traders will stand trial together in October. Level Global Investors co-founder Anthony Chiasson, former Diamondback Capital Management trader Todd Newman and former SAC Capital ...
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Phony Auctions Grab a Billion Tons of Coal | CEO Payday

Phony Auctions Grab a Billion Tons of Coal | CEO Payday | Raw Deals | Scoop.it
Peabody Energy Company paid their CEO $10,217,593 total compensation* in 2011. He was worth every penny and more. Gregory H. Boyce has positioned his St. L...
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Ogden on Politics: Keystone Construction Accused of Sweetheart Deal

Ogden on Politics: Keystone Construction Accused of Sweetheart Deal | Raw Deals | Scoop.it
The motive is simple - to conceal what a sweetheart deal Keystone Construction, a major contributor to the Mayor's campaign, is getting. Under the contract to build the garage, the City provides a subsidy of $6.34 million, ...
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