Former Federal Reserve Chairman Ben Bernanke, who engaged in his own questionable conduct while head of the Fed, has now said that individuals should have gone to jail for engaging in the financial crimes that led to the 2008 financial crisis. Bernanke’s statement came last week during a book promotion
Congress becomes the last hope of stopping the Trans Pacific Partnership, where passage is not guaranteed despite fast track authority.
Robert Litan’s resignation from the Brookings Institution exposed some fault lines within the Democratic Party.
Toys ‘R’ Us, and other major corporations, are misusing the H-1B Visa program to train foreign workers then fire Americans when those jobs move overseas.
In what could be the beginning of a tidal wave of litigation, a U.S. farm worker and a horticultural assistant have filed lawsuits against agribusiness giant Monsanto for health problems related to the use of the company’s blockbuster weed killer Roundup. The lawsuits accuse the company of knowingly putting an
Sen. Elizabeth Warren says Brookings Institution, the well-known think tank, helped Wall Street block a rule revealing potential conflicts of interest in retirement investment advice.
In an interview that aired Sunday on 60 Minutes and a press conference today, Republican presidential candidate Donald Trump struck a seemingly populist tone on trade and taxes with promises to dump unfavorable trade deals and increase taxes on the wealthy.
A job well done? On Wednesday, Volkswagen CEO Martin Winterkorn resigned after it was revealed that Volkswagen had been engaging in a large scale program to cheat on pollution emissions tests. The discovery led to a recall order for 11 million cars and triggered investigations by the Environmental Protection Agency
Last August, the SEC reached an agreement with BNY Mellon wherein the bank paid $14.8 million to settle charges that the company violated the Foreign Corrupt Practices Act (FCPA) by hiring unqualified interns in exchange for continued access to an unnamed “Middle Eastern Sovereign Wealth Fund.” Not only was the sovereign wealth fund involved in the corruption not named, neither where the two officials who asked for jobs for their relatives.
In an unusually intense interview featured on the National Public Radio (NPR) program On the Media, ExxonMobil spokesman and former journalist Richard Keil repeatedly failed to offer a reasonable explanation in response to charges that the energy giant shifted funding in the 1980s away from climate scientists and towards climate