Category Archives: Corporate Crime

Karl Rove: Crossroads GPS Just Like The NAACP!

As a Fox Sunday panel guest, Karl Rove made a dubious equivalency between his right wing political action committee and actual social welfare groups like, The NAACP, The League of Conservation Voters, the Sierra Club, Planned Parenthood, and The National Abortion Rights Action League. … Continue reading

Posted in Corporate Crime, Elections, Ethics, Far-right Intellectual Violence, Karl Ruprect Rove, Lying Liars, Republican Party | Tagged , , , , , , , , | Leave a comment

Taco Bell’s Deliciously Depressed Eastern European Donkey Meat Tacos

In the world of processed foods, there are giant multi-national corporations that burn through global resources like an all-you-can-eat buffet just to put a 99 cent cheeseburger on your plate. It’s a fight to control world agricultural markets and the … Continue reading
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Posted in Corporate Crime, Far-right Intellectual Violence, Food, International Relations | Tagged , , | 5 Comments

Hostess Execs Still Seeking Bonuses While Cutting Pensions

Even though Hostess is asking for permission to cut employee pensions by over $1 million per month, they’re also still asking for permission to dish out bonuses totaling $1.75 million. Hostess Brands Inc., the defunct maker of Twinkies and Wonder … Continue reading

Posted in Corporate Crime | Tagged , , , | 7 Comments

BP Suspended From Contracts With The U.S.

Following BP’s admission of guilt and their agreement with the Department of Justice to pay a significant settlement, the company has been suspended from new contracts with the U.S. government. (Reuters) – The British oil company BP Plc and its … Continue reading

Posted in Corporate Crime | Tagged , , , , | 4 Comments

The Hustle: U.S. Files $1 Billion Lawsuit With Bank of America

Good news — the Department of Justice has filed a $1 billion lawsuit against Bank of America for selling bad mortgages to the government between 2007 and 2009. The U.S. Justice Department filed a civil complaint today in Manhattan federal … Continue reading

Posted in Corporate Crime | Tagged , , , , | 4 Comments

Progress

The Consumer Financial Protection Bureau (CFPB), which was created after the signing of the Dodd-Frank financial reform bill, is doing its job. Capital One, the fifth largest bank in the country, said Wednesday it reached an agreement with regulators to … Continue reading

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The Largest Healthcare Fraud Settlement in History

Despite the obstruction. Despite the stonewalling of judicial appointments and an election year witch hunt, the Department of Justice is still doing its job. GlaxoSmithKline has agreed to pay a $3 billion settlement and plead guilty to charges of illegally … Continue reading

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A Big Victory in the Fight Against Foreclosure Fraud

Not to be confused with New York Attorney General Eric Schneiderman’s investigation of the mortgage industry recently announced by President Obama during the State of the Union, a join investigation by attorneys general in all 50 states which has been … Continue reading

Posted in Corporate Crime | Tagged , , , , , | 16 Comments

Schneiderman on the Mortgage Industry Investigation

Rachel Maddow interviews New York Attorney General Eric Schneiderman concerning the new investigative unit recently announced by President Obama and Eric Holder tasked with investigating the packaging of mortgage-backed securities and the consequences thereof. Needless to say even with a … Continue reading

Posted in Corporate Crime | Tagged , , , , , , | 4 Comments

Doing Their Patriotic Duty

Good news everyone, the Koch Brother’s have created jobs. In Iran. Koch Industries made “improper payments” to win contracts in other countries, and circumvented a U.S. trade ban in selling petrochemicals to Iran, according to an investigation by Bloomberg News. … Continue reading

Posted in Corporate Crime | Tagged , , , , , | 5 Comments