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City of Oakland Fights Goldman Sachs For Costing Taxpayers $4M Per Year

(MintPress) – Residents of Oakland, Calif. are working to cut ties with Goldman Sachs because of an interest rate swap that costs taxpayers a reported $4 million per year. Oakland, like many American cities, has struggled with a shrinking tax base, high unemployment and stagnant economic growth following the 2008 financial crisis. The decision to end […]

July 11th, 2012
Martin Michaels
July 11th, 2012
By Martin Michaels
City of Oakland Fights Goldman Sachs For Costing Taxpayers $4M Per Year

(MintPress) – Residents of Oakland, Calif. are working to cut ties with Goldman Sachs because of an interest rate swap that costs taxpayers a reported $4 million per year. Oakland, like many American cities, has struggled with a shrinking tax base, high unemployment and stagnant economic growth following the 2008 financial crisis. The decision to end […]

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Stolen Haitian Relief Money

(CHICAGO) – Following Haiti’s catastrophic January 12, 2010 earthquake, billions of dollars in relief aid were raised. Suffering Haitians got virtually none of it. Hundreds of thousands remain homeless. A cholera emergency still exists. On June 19, the International Federation of Red Cross and Red Crescent said, “There is a significant probability of a major cholera […]

July 10th, 2012
Stephen Lendman
July 10th, 2012
By Stephen Lendman
Stolen Haitian Relief Money

(CHICAGO) – Following Haiti’s catastrophic January 12, 2010 earthquake, billions of dollars in relief aid were raised. Suffering Haitians got virtually none of it. Hundreds of thousands remain homeless. A cholera emergency still exists. On June 19, the International Federation of Red Cross and Red Crescent said, “There is a significant probability of a major cholera […]

Read Full Article

Financial Institutions Least Transparent, Says New Report

Banks and insurers are are severely under-performing when it comes to transparency, according to a report from anti-corruption NGO Transparency International. ‘Transparency in Corporate Reporting: Assessing the World’s Largest Companies’, published today, examines the policies of  the 105 largest, publicly-traded companies around the world. Notably, the 24 financial companies included in the report, were the ones that did […]

July 10th, 2012
Maeve McClenaghan
July 10th, 2012
By Maeve McClenaghan
Financial Institutions Least Transparent, Says New Report

Banks and insurers are are severely under-performing when it comes to transparency, according to a report from anti-corruption NGO Transparency International. ‘Transparency in Corporate Reporting: Assessing the World’s Largest Companies’, published today, examines the policies of  the 105 largest, publicly-traded companies around the world. Notably, the 24 financial companies included in the report, were the ones that did […]

Read Full Article

Black Flight From Rust Belt Increases, City Population Drops 25 Percent

(MintPress) – Scores of African-American families are leaving northern rust belt cities in record numbers. Decreased job opportunities due to outsourcing, deteriorating infrastructure and increased crime rates have sent many longtime residents packing. In Detroit, a city that was once the heart of America’s booming automobile industry, the population of all residents, African-Americans included, has […]

July 10th, 2012
Martin Michaels
July 10th, 2012
By Martin Michaels
Black Flight From Rust Belt Increases, City Population Drops 25 Percent

(MintPress) – Scores of African-American families are leaving northern rust belt cities in record numbers. Decreased job opportunities due to outsourcing, deteriorating infrastructure and increased crime rates have sent many longtime residents packing. In Detroit, a city that was once the heart of America’s booming automobile industry, the population of all residents, African-Americans included, has […]

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Delaware: The US Tax Haven Of Choice

An unassuming US office, 1209 North Orange Street, must be one of the most popular business locations in the world. It houses some of the world’s biggest companies: American Airlines, Bank of America, Apple, Coca-Cola, Google, Ford and Wal-Mart… the list goes on. In fact, it houses 285,000 separate businesses. The reason this property is […]

July 9th, 2012
Maeve McClenaghan
July 9th, 2012
By Maeve McClenaghan

An unassuming US office, 1209 North Orange Street, must be one of the most popular business locations in the world. It houses some of the world’s biggest companies: American Airlines, Bank of America, Apple, Coca-Cola, Google, Ford and Wal-Mart… the list goes on. In fact, it houses 285,000 separate businesses. The reason this property is […]

Read Full Article

Conservative Republicans Rough Up Business Community

Conservative Republicans have roughed up the business community this year — and it’s not over yet. The U.S. Chamber of Commerce, the National Association of Manufacturers and major companies like Boeing Co. and Caterpillar Inc. all wanted quick reauthorization of the Export-Import Bank, which helps finance American companies’ overseas sales. Congress had reaffirmed the independent […]

July 9th, 2012
Associated Press
July 9th, 2012
By Associated Press
Conservative Republicans Rough Up Business Community

Conservative Republicans have roughed up the business community this year — and it’s not over yet. The U.S. Chamber of Commerce, the National Association of Manufacturers and major companies like Boeing Co. and Caterpillar Inc. all wanted quick reauthorization of the Export-Import Bank, which helps finance American companies’ overseas sales. Congress had reaffirmed the independent […]

Read Full Article

UN Urges Wealthy Countries To Impose Taxes On Billionaires To Boost Aid

(NEW YORK) MintPress – It’s a plan that could have come straight from Robin Hood, the heroic outlaw in English folklore known for “robbing from the rich and giving to the poor.” The United Nations on Thursday, in a report that accuses wealthy nations of breaking promises to step up aid for the less fortunate, called for an annual lump […]

July 9th, 2012
Lisa Barron
July 9th, 2012
By Lisa Barron
UN Urges Wealthy Countries To Impose Taxes On Billionaires To Boost Aid

(NEW YORK) MintPress – It’s a plan that could have come straight from Robin Hood, the heroic outlaw in English folklore known for “robbing from the rich and giving to the poor.” The United Nations on Thursday, in a report that accuses wealthy nations of breaking promises to step up aid for the less fortunate, called for an annual lump […]

Read Full Article
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