Judicial Watch released its 2010 list of Washington’s “Ten Most Wanted Corrupt Politicians.” While there may be some surprises, readers will note that neither political party has a monopoly on political corruption. Special thanks to Judicial Watch’s Jill Farrell for providing the Law Enforcement Examiner with a comprehensive list of men and women deserving of recognition for their corrupt ways or illegal activities.
30 May 2011.
I remember the moment vividly.
It was the 26th September, 2008. Hank Paulson, then US Treasury Secretary, had got down on one knee to Nancy Pelosi, then Speaker of the House, and begged her to support his Bailout of the Too-Big-To-Fail Banks.
I was sitting in a cafe with one of my business partners at Singapore Digital Agency Qais Consulting, the formidable and intuitive Tripti Lochan.
26 May 2011.
There’s a Chinese proverb that goes “If the world was fair, all my fingers would be the same length”. Work that one out. Or try working out why there is so much economic inequality, and the disparities are growing. The funny thing is, if all the money in the world was distributed equally, everyone would have $10,000 a month to live on.
25 May 2011.
It is difficult to conceive today of how rich and powerful the Rothschilds became in the 19th century. It is necessary to imagine all the great modern banks, such as Morgan Stanley, Goldman Sachs, JP Morgan and Merrill Lynch, forming one gigantic conglomerate.
President Mahmoud Ahmadinejad points to capitalism as the main source of global corruption. As well as the dominance of the dollar in world markets. The Iranian president criticized the unjust global economic systems in the world saying,
20 May 2011.
No man is an island, entire of itself. Every man is a piece of the continent, a part of the main. If a clod be washed away by the sea, Europe is the less, as well as if a promontory were, as well as if a manor of thy friends or of thine own were.– John Donne
In 2010, the shipping industry rebounded from the 2009 crisis, boosted by a 12 percent increase in container trade volumes and concerted efforts by players to reduce their operating costs. “While Moody’s expects volumes to grow at a more moderate pace of 5-6 percent in 2011, it believes the positive growth momentum will aid the ongoing recovery of all the main operators,” says Marco Vetulli, a Senior Vice President in Moody’s Corporate Finance Group.
The war against Libya wasn’t just about its estimated at 60 billion barrels of oil reserves; which are also the greatest in Africa and whose extraction costs are among the lowest in the world. Nor was it about the natural gas reserves of which are estimated at about 1,500 billion cubic meters.
The real Lybian goldmine: its sovereign wealth funds, capital that the Libyan state has invested abroad.
Huaneng Renewables Corp., the wind-power unit of China Huaneng Group is China’s biggest electricty producer. The company plans to raise about $1 billion in relaunched Hong Kong initial public offering. According to a report on WJS:
