International investors have a private court of appeal even in criminal matters - "A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment. [ISDS] operates unconstrained by precedent or any significant public oversight, often keeping its proceedings and sometimes even its decisions secret." (via) [more inside]
Law professor Zephyr Teachout first rose to prominence as the director of internet organizing for Howard Dean's 2004 presidential campaign. She's published the acclaimed political history book Corruption in America. In 2014 she primaried Andrew Cuomo from the left, winning half of NY's counties despite Cuomo refusing to even mention her name. And now? She's running for Congress. [more inside]
Elizabeth Warren has a great idea for making Tax Day less painful - "She's taking on TurboTax and other predatory companies." [more inside]
"They also don’t really have the will. They’re really nervous about it, very trepidatious." Jesse Eisinger outlines why we're seeing fewer successful actions against corporate and white collar misdoings in the United States.
Highlighted is the Thompson memo of 2003. [more inside]
Highlighted is the Thompson memo of 2003. [more inside]
Meet the "rented white coats" who defend toxic chemicals: How corporate-funded research corrupts America's courts and regulatory agencies. [more inside]
I was lucky that he merely threatened me. A journalist from Newsweek actually was deported from a different tax-haven island (Jersey) for her reporting there, and was banned from re-entering the island, or any part of the U.K., for nearly two years. Even though her story was unrelated to the financial-services industry, it was expected to bring negative publicity to the island, threatening its reputation as a place to do business. The message was therefore quashed by banishment of the messenger. The wealth-management industry does not mess around. Inside the Secretive World of Tax-Avoidance Experts.
stories.. that expose both the depths of what was taken from them and the challenges of rebuilding the lives they once had
Stop and Seize: Aggressive police take hundreds of millions of dollars from motorists not charged with crimes. A multimedia investigation by the Washington Post.
MSNBC's Up with Steve Kornacki has been collaborating with NJ journalist Brian Murphy on some investigative journalism about the Chris Christie administration's alleged withholding of Sandy Relief funds until the Mayor of Hoboken agrees to fast-track a real-estate development. Hoboken was one of the hardest-hit communities and has so far received $6 per resident. Christie became governor after leading a US Attorney investigation which convicted NJ politicians of crooked real-estate deals.
Supreme Court to consider lifting campaign contribution limits. Reversing McCutcheon v. Federal Election Commission would allow unlimited individual campaign contributions.
Taken: The Use and Abuse of Civil Forfeiture. "Under civil forfeiture, Americans who haven’t been charged with wrongdoing can be stripped of their cash, cars, and even homes. Is that all we’re losing?" [Via]
Boston taxi cab drivers, often cheated, work in a world where risk and reward are a mismatch. [more inside]
Lawrence Lessig, erstwhile Free Culture advocate now given to fighting corruption on a larger scale, delivers a commencement address. "There is no one in the criminal justice system who believes that system works well. There is no one in housing law who believes this is what law was meant to be. In contracts, you read about disputes involving tens, maybe a hundred dollars. The disputes of ordinary people. These disputes are not for the courts any more. Or if they are, they are for courts that are an embarrassment to the ideals of justice from our tradition. The law of real people doesn’t work, even if the law of corporations does."
David Grann of the New Yorker writes about the power of the Aryan Brotherhood inside America's federal prisons.
There are an increasing number of homeless military vets living in Los Angeles. The VA in Los Angeles has a 400 acre parcel of land meant to house vets. Slight problem: the VA has decided to lease the property to various area businesses instead of using the land for its intended purpose.
Start a home business, get rich quick, win financial freedom! If you watch late-night TV, you've heard it all before. But what's the story behind these slick pitchmen and their dubious schemes? Enter The Salty Droid, your ornery metal guide to the corrupt underworld of scam-marketing scum. This charmingly acerbic bot (owned and operated by mild-mannered Chicago dog-lover Jason Michael Jones [inter-view, long talk + transcript]) is a valiant crusader against the vile con-men who bankrupt the elderly and the desperate with beautiful lies. Exposed so far: A shadowy "Syndicate" of frauduct-pushing personality cults polluting the media with blogspam and woo-woo talking points. Boiler rooms in the Utah desert where telemarketers farm credit from easy targets with cunning, probing scripts [PDF]. Powerful politicians bought wholesale. Believers left to die in fraudulent new-age vision quests. It's a soul-crushing beat, enough to make one feel like a regular catcher-bot in the digital rye. But somebody's got to do it -- preferably someone with plasma nunchucks and titanium skin.
Is the SEC Covering Up Wall Street Crimes? "A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation's worst financial criminals."
Ira Glass does an atypical bit of investigative reporting about an especially punitive drug court in rural Georgia. [more inside]
How two American kids became big-time weapons traders - "Working with nothing but an Internet connection, a couple of cellphones and a steady supply of weed, the two friends — one with a few college credits, the other a high school dropout — had beaten out Fortune 500 giants like General Dynamics to score the huge arms contract. With a single deal, two stoners from Miami Beach had turned themselves into the least likely merchants of death in history." (via; previously on arms contractors)
The man who knew too much. "He was the CIA's expert on Pakistan's nuclear secrets, but Rich Barlow was thrown out and disgraced when he blew the whistle on a US cover-up. Now he's to have his day in court."