Corporate crime

Newsletter – Building Toward Political Revolution

April 9, 2016 Margaret Flowers and Kevin Zeese, www.PopularResistance.org Newsletter Banking and Finance, Corporate crime, Democracy movement, Education, Farmworkers, Fight for 15, France, Living Wage, Minimum Wage, Neo-Liberalism, Nuit Debout, Opt-Out, Police violence, Prisoner rights, Privatization, Student Activism, Tax Evasion, Tax havens, Whistleblowers, Worker Rights

By Margaret Flowers and Kevin Zeese for Popular Resistance. Of course, we also know the Panama Papers leak is about just one tax evasion firm, and not a major one. This is a small tip of a massive tax evasion iceberg. Estimates are that $7.6 trillion in individual assets are in tax havens, about one-tenth of the global GPD. The use of tax havens has grown 25 percent from 2009 to 2015. Gabriel Zucman, author of The Hidden Wealth of Nations: The Scourge of Tax Havens and assistant professor at UC Berkeley estimates that US citizens have at least $1.2 trillion stashed offshore, costing $200 billion a year worldwide in lost tax revenue and US transnational corporations are underpaying their taxes worldwide by $130 billion. The Panama Papers will escalate demands for transformation of the economy as well as of government; continue to increase pressure on capitalism and result in the growth of the people powered movement for economic justice.

Corporate Pollution Poisons Upstate NY Town’s Water

March 1, 2016 Andy Cush, www.gawker.com Educate! Corporate crime, New York (NY), Water, Water Pollution

By Andy Cush for Gawker - The New York Times today has a good recap of the situation in Hoosick Falls, New York, a small city outside Albany that has been contending with its own Flint-style water crisis. Hoosick Falls’ water was recently found to have elevated levels of perfluorooctanoic acid, a likely carcinogen. The town of 3,500 was once home to several Teflon factories, and the New York Department Environmental Conservation alleged this month that a plant currently operated by Honeywell International is responsible for the perfluorooctanoic acid (PFOA) spike.

17 Of The Worst Corporate Crimes In 2015

December 27, 2015 Phil Mattera, www.DirtDiggersDigest.org Educate! Big Banks, Big Pharma, Bribery, Climate Change, Corporate crime, Finance, Food and Agriculture, Oceans, Oil and Gas, pollution, Wage Theft, Workplace hazards

By Phil Mattera for Dirt Diggers Digest. The ongoing corporate crime wave showed no signs of abating in 2015. BP paid a record $20 billion to settle the remaining civil charges relating to the Deepwater Horizon disaster (on top of the $4 billion in previous criminal penalties), and Volkswagen is facing perhaps even greater liability in connection with its scheme to evade emission standards. Other automakers and suppliers were hit with large penalties for safety violations, including a $900 million fine (and deferred criminal prosecution) for General Motors, a record civil penalty of $200 million for Japanese airbag maker Takata, penalties of $105 million and $70 million for Fiat Chrysler, and $70 million for Honda. Major banks continued to pay large penalties to resolve a variety of legal entanglements. Five banks (Citigroup, JPMorgan Chase, Barclays, Royal Bank of Scotland and UBS) had to pay a total of $2.5 billion to the Justice Department and $1.8 billion to the Federal Reserve in connection with charges that they conspired to manipulate foreign exchange markets.

Newsletter: Heroes In The War At Home

December 6, 2015 Margaret Flowers and Kevin Zeese, www.popularresistance.org Newsletter Baltimore, Black Panthers, Carbon infrastructure, Clean Energy, Climate Change, COP21, Corporate crime, Fracking, Fred Hampton, Freddie Grey, Net Neutrality, Paris, Pipelines, Police Brutrality, Racism, TISA, TPP, Uranium, wealth inequality

By Margaret Flowers and Kevin Zeese for Popular Resistance. Forty six years ago this week, 21 year old Black Panther leader Fred Hampton was murdered in his bed by Chicago police and the FBI. Hampton was a hero to many in his community for the work he did to feed hungry schoolchildren, create peace in his high school and within his community as a leader of the Black Panthers. His crime was being intelligent, talented and effective. In his short life, he rattled the power structure. In the war at home - the elite's war on the poor, hungry, homeless, sick, young and old - there are many heroes. Maybe this is one aspect of the US' war culture we can embrace - honoring our heroes and sheroes. In memory of the late Howard Zinn, let's honor those who work everyday for justice and peace. We are making a difference. Let's change the culture by lifting up the change-makers - those who make the world a better place - as our role models and heroes. Let's remember people like Fred Hampton. As Bill Simpich writes about Hampton and others killed for their activism, "They died in the war at home. They died holding this country to its promises. They died so we can be free. Hold them in the place of the highest honor."

Fantastic News: Nestlé To Be Sued For Californian Drought Crimes!

October 14, 2015 Sophie McAdams, www.trueactivist.com Resist! California, Corporate crime

By Sophie McAdam for True Activist - Campaign group The Story Of Stuff Project have just announced they will be pursuing legal action against Nestlé for illegally extracting groundwater in California for its Arrowhead brand, which has been a key contributor to the State’s drought crisis. Thanks to generous donations from a huge number of furious citizens, The Story Of Stuff Project was able to raise enough money to film a mini-documentary called ‘This land is our land’. It tells the story of Nestlé’s removal of millions of gallons of water from the San Bernardino National Forest- and it details evidence of criminal activity by one of the world’s most unethical corporations.

Luxembourg Tax Scandal, Hiding Billions In Corporate Tax Dollars

November 17, 2014 Hamish Boland-Rudder, Leslie Wayne and Kelly Carr, www.icij.org Educate! Corporate crime, Finance and the Economy, Tax havens, Taxes

Tens of thousands of leaked confidential documents have shown that Luxembourg has been making special tax deals with transnational corporation that have allowed them to avoid billions of dollars in taxes. According to a report from the International Consortium of Professional Journalists: Pepsi, IKEA, FedEx and 340 other international companies have secured secret deals from Luxembourg, allowing many of them to slash their global tax bills while maintaining little presence in the tiny European duchy, leaked documents show. These companies appear to have channeled hundreds of billions of dollars through Luxembourg and saved billions of dollars in taxes, according to a review of nearly 28,000 pages of confidential documents conducted by the International Consortium of Investigative Journalists and a team of more than 80 journalists from 26 countries. More: Explore the Documents: Luxembourg Leaks Database The story is growing into a major worldwide scandal as report in the article below.

CEO Of Defunct Nuclear Power Scam Indicted On Multiple Counts

November 16, 2014 Blair Koch, www.environews.tv Educate! Corporate crime, Criminal Justice and Prisons, Nuclear Power

Boise, Idaho -- Plans to build a nuclear power plant in southeast Idaho may be bust as a federal investigation spanning several years culminated with a grand jury handing down 14 criminal indictments against former executives of Idaho-based Alternate Energy Holdings, Inc. (AEHI). Former president and company founder Donald Gillispie, 71, and former senior vice president of administration and secretary Jennifer Ransom, 40, are charged with 14 counts of conspiracy, securities fraud, wire fraud, filing false tax returns and making false statements to federal agents. Also included in the indictment was a charge against Ransom for lying to federal investigators about her personal, intimate, relationship with Gillispie.

Holder Prosecuted Whistleblowers & Journalists, Not Bankers & Torturers

September 25, 2014 Kevin Zeese, greenshadowcabinet.us Educate! Bankers, Campaign Finance, Chelsea Manning, Corporate crime, Edward Snowden, Freedom of Speech and Assembly, Freedom of the Press, Julian Assange, Marijuana, Media, Medical Marijuana, Militarized police, NSA, Occupy, Occupy Movement, Police abuse, police brutality, police murder, spying, Torture, War On Drugs, Wars and Militarism, Whistleblowers, Wikileaks

We urge President Obama to replace Holder with a public interest not a corporate lawyer; that will put the rule of law before corporate power. This appointment is an opportunity to shut the revolving door between big business and government. We also hope the next attorney general will put rule of law ahead of the security state, prosecute torture and other war crimes, protect privacy from US intelligence agencies and protect Freedom of Speech, Assembly and Press. Finally, we hope to see an attorney general that will confront the war culture that has allowed the president to ignore the constitutional requirement that Congress is responsible for deciding when the US goes to war, not the president; and one who respects international law and requires UN approval before the US attacks another nation.

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