Editor’s Note (Ralph Turchiano) Re-Post Request for cross reference HSBC and Panama files. Original Post date 28 October 2012 Engineering Evil : Authenticity Still Requires further verification Being on a List does not imply guilt Current Source Info: Zougla Keep Talking… Read More ›
Asset and Resource Hoarding
Economics play a pivitol part in Human Health…Whether it be buy quality food, or just food. Control and individuals Disposable wealth, you control many aspects of a person health (i.e. Mental and Physical)
Billion-Dollar Penalty for Bank’s Money Washing
By ADAM KLASFELD MANHATTAN (CN) – Commerzbank must pay $1.45 billion to five state and federal regulators for facilitating Iran and the Sudan’s laundering of money, as well as helping the Japanese optics manufacturer Olympus pull off a… Read More ›
Top 1% Control 39% of World’s Wealth
Published: Friday, 31 May 2013 | 11:30 AM ET By: Robert Frank | CNBC Reporter & Editor The Rich Get Richer Friday, 31 May 2013 | 2:52 PM ET The top 1 percent now controls 36 percent of the world’s wealth,… Read More ›
Greece: ‘Lagarde List’; ex premier Papandreou to be summoned
06 March, 11:35 (ANSAmed) – ATHENS, MARCH 6 – The Greek Financial Crimes Squad (SDOE) is examining details of the bank accounts of the three relatives of former Finance Minister Giorgos Papaconstantinou whose names were removed from the so-called Lagarde… Read More ›
The fake bomb detector that can also spot drugs, bank notes and truffles? The ADE-651 is the symbol of a dysfunctional state
Patrick Cockburn Monday, 4 March 2013 If one object had to serve as a symbol Iraqi corruption and dysfunctionality, it might be the ADE-651 bomb detector. Exposed as a fake long ago, it is still employed by the Iraqi… Read More ›
2013 Forbes Billionaires list: Record number of new entries appear on rich list, but Carlos Slim and Bill Gates still top the charts
An ‘old guard’ remain the richest people on earth John Hall Monday, 4 March 2013 A record number of new entries appear on the 2013 Forbes Billionaires list, but an old guard including Carlos Slim and Bill Gates remain the… Read More ›
Britain to India: Diamond in royal crown is ours
by Reuters|21 February 2013 Queen Alexandra wearing the Koh-i-Noor in her coronation crown (left) and a copy of the new cut of the Koh-i-Noor. Amritsar, India – British Prime Minister David Cameron says a giant diamond his country forced India… Read More ›
Revealed: How Then Governor Goodluck Jonathan Gave Obaigbena $1 Million From Bayelsa’s Poverty Alleviation Funds For Beyonce And Jay Z’s Visit To Nigeria
Posted: February 20, 2013 – 22:55 Posted by siteadmin caption: Beyonce and Jayzee in Nigeria in October 2006 By SaharaReporters, New York SaharaReporters has uncovered a document indicating that a million dollars of Bayelsa State’s poverty alleviation fund was… Read More ›
Exclusive: Cash for academies: Michael Gove ‘bribes’ schools to change their status
Claims taxpayers’ money is being spent on ‘buying off’ critics of the Education Secretary’s pet project James Cusick, Richard Garner Tuesday, 12 February 2013 Officials from Michael Gove’s department are offering £65,000 “bribes” to convince reluctant headteachers to convert their… Read More ›
Intel Firm Paid CIA Nominee Well As He Left for White House
<!—->EEV: Reposted per request: Feb. 4, 2013 – 01:14PM | Last Updated: Feb. 4, 2013 – 05:29PM | By ARAM ROSTON | President Barack Obama has nominated John Brennan (above) as CIA director. Financial disclosures related to Brennan’s years in the… Read More ›
Spain’s PM denies receiving secret payments
Feb 2, 2013 19:36 Moscow Time Spain’s PM denies receiving secret payments Spain’s Prime Minister Mariano Rajoy has denied media claims that he and other members of the governing Popular Party received secret payments. “I have never received nor distributed… Read More ›
World’s tea producers brew up a plan to raise prices : Global tea cartel formed to boost profits and control supply
AFP Wednesday, Jan 23, 2013 COLOMBO – The price of a cup of tea could rise after the world’s biggest producers agreed to join forces to boost profits, a Sri Lankan minister announced Wednesday. After two days of talks in… Read More ›
Middle-class Greeks to fork out over 40% of annual salary in tax: ” in order to qualify Greece for more bailouts”
Published: 12 January, 2013, 17:20 Edited: 12 January, 2013, 18:31 Athens passed new tax increases to boost revenue by US$3 billion to keep in line with previous commitments to creditors. The new measures limit family benefits and force the middle… Read More ›
California Counties Want Millions From Banks for Fixing LIBOR
By ROBERT KAHN (CN) – Bank of America and other heavy hitters defrauded cities and counties by conspiring to fix, and lie about, the LIBOR rates, four California counties and cities and a Bay Area utilities district claim… Read More ›
Simon Burns, minister responsible for train fares, uses £80,000-a-year chauffeur-driven government car to ‘avoid overcrowded trains’
News is likely to provoke more anger from commuters still reeling from the New Year inflation-busting rise in train fares last week. Rob Williams Sunday, 6 January 2013 The minister responsible for rail fares, Simon Burns, is under fire today… Read More ›
Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal
By Hayley Peterson PUBLISHED: 00:00 EST, 3 January 2013 | UPDATED: 06:25 EST, 4 January 2013 Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff… Read More ›
World’s rich get richer – Top 100 by 241 Billion
Posted by: Usman Ahmed Posted date: January 02, 2013 NEW YORK: The combined assets of the world’s 100 richest people grew by $241 billion in 2012 to almost $1.9 trillion, according to the Bloomberg business news agency. The fastest… Read More ›
Making Millions Is Easy if You Cheat, SEC Says
LOS ANGELES (CN) – An L.A.-area investment adviser cherry-picked trades to scoop up $2 million for himself, while losing $4.4 million for his customers, the SEC claims in court. The SEC sued Aletheia Research and Management… Read More ›
Central bankers gone wild
Central bankers rarely do radical, or even surprising, things. This week it happened twice. Hold on to your pinstripes. Thomas MuchaDecember 14, 2012 06:19 Federal Reserve Chairman Ben Bernanke holds a press conference following a Federal Open Market Committee meeting… Read More ›
Officials defend decision not to prosecute in money-laundering case despite HSBC’s ‘blatant failure’ to implement controls
EEV: So the Investors pay while the criminals once again go free HSBC’s record $1.9bn fine preferable to prosecution, US authorities insist Dominic Rushe in New York and Jill Treanor in London guardian.co.uk, Tuesday 11 December 2012 15.37 EST Assistant attorney general Lanny… Read More ›
Politician threatens the Daily Telegraph if it exposes political corruption
The minister and a warning to the Telegraph before expenses story Maria Miller’s advisers warned The Daily Telegraph to consider the minister’s role in implementing the Leveson Report before this newspaper published details of her expenses. Maria Miller Photo: EPA By… Read More ›
Mother Of Former Greek PM Papandreou Linked To $714 Million Swiss Bank Account
Adam Taylor Dec. 3, 2012, 4:22 PM pasokphotos via Flickr The so-called “Lagarde List” is causing trouble in Greece again, with new reports linking it to the very top levels of political society. On Sunday two Greek weekly magazines, To … Read More ›
Give back our money, savers yell at Spain banks
News @ AsiaOne Furious Spaniards who say banks cheated them of their savings took to the streets demanding that the bailed-out lenders give them their money back. -AFP Sat, Dec 01, 2012 AsiaOne MADRID – Furious Spaniards… Read More ›
Germany displaces China as US Treasury’s currency villain
The US Treasury has issued a damning criticism of Germany’s chronic trade surplus in its annual report on worldwide exchange rate abuse, although it stopped short of labelling the country a currency manipulator. The report said Germany’s current account surplus… Read More ›
Swiss prosecutors say death of Russian whistle blower will not derail huge fraud investigation
Alexander Perepilichnyy, a 44-year-old businessman who left Russia three years ago, was found dead outside his luxury mansion on an exclusive private estate in Surrey two weeks ago Jerome Taylor Wednesday, 28 November 2012 Prosecutors in Switzerland say… Read More ›
A $230 million fraud – and a trail of death that just keeps growing
Alexander Perepilichnyy is the fourth person connected to a murky tax case to have met a suspicious end Jerome Taylor Tuesday, 27 November 2012 With its sweeping vistas of the Persian Gulf and central location in the Middle… Read More ›
Filthy rich: Britain’s favourite dictatorship had so much oil its heiresses bathe in it… but beneath the fabulous wealth of Azerbaijan lurks very murky secrets
Oil generated £19 billion in revenues last year, yet much is believed to have gone straight into the pockets of President Ilham Aliyev and his family Azeri government has threatened journalists and activists are tortured Leaked documents recently compared President… Read More ›
Morsi decree makes him Egypt’s ‘new pharaoh’ say critics
‘A major blow to the revolution’ says ElBaradei as president hands himself sweeping new powers LAST UPDATED AT 10:05 ON Fri 23 Nov 2012 EGYPTIAN reformists who risked their lives to overthrow the Hosni Mubarak regime last year have reacted… Read More ›
Wal-Mart India unit suspends CFO, others pending bribery probe
Posted 2012/11/22 at 11:41 pm EST MUMBAI, Nov. 22, 2012 (Reuters) — The Indian joint venture of Wal-Mart Stores Inc <wmt.n> has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a… Read More ›
All expenses paid: the full scale of MPs’ lavish globetrotting revealed
Special Investigation: Hundreds of politicians have each accepted thousands of pounds worth of trips to exotic locations. So what do their hosts want in return? Oliver Wright, Matthew Macaulay Thursday, 22 November 2012 Backbench MPs have gone on… Read More ›
Schools face cuts to pay for £1bn academies overspend
Funds for struggling schools slashed, report reveals Richard Garner Thursday, 22 November 2012 Funding for struggling schools has been slashed to cover a £1bn overspend in the academies programme, a report reveals today. Spending on a range of education programmes… Read More ›
Nicolas Sarkozy ‘could be placed under investigation’ : Janet Napolitano, US Secretary of Homeland Security, did not deny the Elysee Palace hacking allegations
Nicolas Sarkozy faces the humiliating prospect of being placed under formal criminal investigation when he appears before a judge on Thursday to answer corruption charges. Nicolas Sarkozy is facing a number of investigations Photo: AP By Peter Allen, Paris 3:01PM… Read More ›
Rebekah Brooks and Andy Coulson WILL face court over ‘making payments to public officials’: Four News International staff to be charged with conspiracy
Crown Prosecution Service said that five people are to face action as part of Operation Elveden The others are former News of the World royal correspondent Clive Goodman, former Sun chief reporter John Kay and Ministry of Defence employee Bettina… Read More ›
More MPs bill taxpayer for rent as they let out their homes
At least 32 MPs have been found to be claiming rent for second homes on their expenses while simultaneously letting out property nearby, an investigation reveals. John Denham, a former Labour cabinet minister, was among MPs found to be renting… Read More ›
Mexico’s Zetas drug cartel strikes gold in the coal business
By Agence France-Presse Saturday, November 17, 2012 23:03 EST They may be known for flashy cars and state of the art weaponry, but Mexican druglords have found an earthy new source of wealth: dirty old coal. They are mining it… Read More ›
U.S. Copyright Surveillance Machine About To Be Switched On, Promises of Transparency Already Broken
The “Copyright Alert System” – an elaborate combination of surveillance, warnings, punishments, and “education” directed at customers of most major U.S. Internet service providers – is poised to launch in the next few weeks, as has been widely reported. The… Read More ›
Kosovo Prime Minister owns Harem with 52 slaves
*Engineering Evil: Wow, I would really like double confirmation on this. Tuesday, 13 November 2012 A Ukraining woman who managed to escape from what she called “World’s hell hole” gave an interview with details about Kosovo’s Prime Minister Hasim Thaci… Read More ›
$2 billion ‘theft’ of Zimbabwe’s diamonds
Allies of President Robert Mugabe have carried out the “biggest single plunder of diamonds” since the days of Cecil Rhodes, stealing Zimbabwean gems worth $2 billion (£1.26 billion) over the last four years, according to a new study. Zimbabwe’s Marange… Read More ›
HSBC and Goldman Sachs held $335m of Libyan state oil money ( Gaddafi’s Billions? )
Reposted at request in regards to the HSBC Jersey offshore account scandal 26th May 2011 Update: Global Witness publishes the Libyan Investment Authority financial position as of September 2010 Read BBC Business Editor Robert Peston’s analysis of this story Listen to… Read More ›
San Francisco to foot bill for sex change operations
By Daily Mail Reporter PUBLISHED:00:02 EST, 10 November 2012| UPDATED:00:28 EST, 10 November 2012 In just a few days, San Francisco’s legislature will vote on a landmark new bill that if approved would allow city employees to undergo sex… Read More ›
Spain’s politicians pledge to stop evictions after suicide
Posted 2012/11/10 at 1:51 pm EST MADRID, Nov. 10, 2012 (Reuters) — Spain’s conservative prime minister and the leader of the opposition aim to agree measures on Monday to stop banks evicting homeowners after a woman’s suicide before her property… Read More ›
Actor Gerard Depardieu joins French tax exiles in Belgium
President Hollande blamed for driving out a ‘national treasure’ with planned 75 per cent top tax rate LAST UPDATED AT 16:06 ON Fri 9 Nov 2012 FRENCH President Francois Hollande is under fire after reports that his policy … Read More ›
U.K. probing money-laundering claims even as New Delhi remains ‘indifferent’
Hasan Suroor “We received the data and we are studying it,” says HMRC Even as the Indian government faced criticism for not taking action over claims of black money allegedly held by Indians in HSBC’s branch in Geneva, the British… Read More ›
HSBC investigation: Drug dealers, gun runners and Britain’s biggest bank
Britain’s biggest bank is at the centre of a major HM Revenue and Customs investigation after it opened offshore accounts in Jersey for serious criminals living in this country, The Telegraph can disclose. The disclosures raise serious questions about HSBC’s… Read More ›
British officials will continue to provide up to £30 million worth of expert advice to India every year, even after aid to the country is cut.
UK will still send £30m of ‘expertise’ to India after aid cuts Existing schemes that have already been agreed will continue until the last of them concludes in 2015, when all UK financial aid to India will cease Photo: AFP… Read More ›
Exclusive: SEC left computers vulnerable to cyber attacks – sources
By Sarah N. LynchPosted 2012/11/08 at 8:55 pm EST WASHINGTON, Nov. 8, 2012 (Reuters) — Staffers at the U.S. Securities and Exchange Commission failed to encrypt some of their computers containing highly sensitive information from stock exchanges, leaving the data… Read More ›
Benghazi documents available to senators only today and tomorrow, when most senators are not in Washington
Benghazi documents available to senators only when they are out of town Posted By Josh RoginThursday, November 8, 2012 – 12:16 PM Share Under pressure from senators, the State Department is allowing some lawmakers to look at cables and… Read More ›
Crisis: Greece;unemployment hits 25.4% in August, new record
(ANSAmed) – ATHENS, NOVEMBER 8 – Greece’s jobless rate rose for a 39th consecutive month to a new record of 25.4% in August, more than double the euro zone average, Kathomerini online reports quoting Greece’s statistics service ELSTAT…. Read More ›
Huge $3.1 billion payday at Facebook makes Sheryl Sandberg one of the richest women in the world, but will employees stay at the company?
Facebook’s operator Sheryl Sandberg earned $7.4 million last week after receiving $401 million in company stock Tech blogs are wondering if employees will begin leaving the company after a huge $3.1 billion payday Facebook’s stock closed on Monday at $21.16 … Read More ›
IMF warns over-taxed France risks slipping behind Italy and Spain
The International Monetary Fund has told France to take urgent measures to head off national economic decline, warning that the country risks being left behind as southern Europe embraces reform. Francois Hollande is facing a nationwide revolt by business leaders… Read More ›
