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Switzerland has agreed to share financial information with the European Union, making it much harder for Europeans to hide cash away from tax authorities. 
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The Obama administration just can't win. Despite a crackdown on foreign mergers that help American firms slash their tax bills, a slew of overseas takeovers continue to rob the Treasury Department of tax revenue.
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Why are the super-rich whining so much? They rigged the game for themselves, but are terrified of being discovered
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Who is to blame? Well, us for electing politicians who are more amenable to political bribery than the public interest. But, also the politicians for accepting the bribes. And the corporations for making the bribes.
Anonymous Hades's insight:
Here are more reasons to get mad about the taxpayer-funded subsidies paid to the new welfare queens of the business world: The financial parasites of corporate personhood who pay big money to the bribe-taking, freeloaders in Congress who want to keep honest, hard-working voters broke and miserable
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Libor rigged (2012), FX rigged (2014), now we learn that GOLD & Metals are rigged. http://t.co/Je7pwY5lUF Is #HFT the next to be exposed?
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We spoke to one of the coordinators of the recent HSBC leaks about how the International Consortium for Investigative Journalism go about their investigations.
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Analysis: Heard about income inequality lately? Here's one way the rich keep getting richer.
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Leaked documents from HSBC’s secretive Swiss banking arm have this week reveal snippets of private information about some of the bank’s art world cl
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The Age of Greed: Toxic Chemical Control Is 'High Priority' Failure for Nation ... - Huffington Post
The Government Accountability Office (GAO) has been reviewing the performance of federal agencies and departments for decades and has achieved amazing success simply by surviving the onslaught of attacks against government in any form....
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Can divestment work as a battering ram against the fossil fuel industry the way it did against apartheid in the 1980s?
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Ryan apologized for previously calling the less fortunate "takers." Here's what he must have meant instead
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Prior to the Christmas recess, five leading Democrat Senators delivered a letter to the IRS asking the National Office to address several types of transactions that companies have used in connection with an inversion.
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The officials sent a letter to the bank seeking more details about the nature of the breach, which potentially exposed the accounts of 83 million consumers and small businesses.
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HSBC’s move to check the residency of Jersey account holders is part of a wider strategy by banks to avoid services that could put them in danger of hefty fines.
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Rep. Aaron Schock built much of his public profile using social media and while his online presence did not cause his undoing, it did showcase the high-flying lifestyle.
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Rep. Aaron Schock (R-Ill.) will resign from Congress amid a controversy over his spending habits, Politico reported Tuesday.
Anonymous Hades's insight:
The rest of the high-living freeloaders in Congress need to take a hint from Aaron Schock's actions and either repent, retire or resign!
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This state approved a measure to build the nation's first white-collar offender registry for financial felons. The NYT reports.
Anonymous Hades's insight:
This is an excellent idea! What would go nicely with this decision?: Mandatory minimum sentencing for the greediest and most craven white-collar criminals.
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With the release of a treasure trove of data about how HSBC helped clients shield income from tax collectors, more nations are asking France for the data, while other countries face growing demands from critics to do more in the hunt for lost tax...
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The chairman and the chief executive testified before lawmakers about the activities of the bank’s Swiss private bank and regulatory investigations.
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British consumers increasingly disenchanted with tax avoiding businesses.
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California has tentatively approved Comcast's $45.2 billion acquisition of Time Warner Cable, but Comcast isn't entirely happy because some of the conditions demanded by the state "create a more intrusive regulatory regime." The proposed approval...
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Offshore tax havens generate economic distortions and grave injustices, but they have received relatively little public or scholarly scrutiny.
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A Labour government would give Bermuda, Jersey and other British tax havens six months to follow new transparency rules or put them on an international blacklist, Ed Miliband has vowed. Via ReactNow
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A January 6th post in the Harvard Law School Forum on Corporate Governance and Financial Regulation focuses on the major challenges faced by corporate communications departments in trying to justify...
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A report by the charity Oxfam offers a warning about deepening global inequality ahead of this week’s annual World Economic Forum in Davos, Switzerland.
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