Awareness | Debate | Action

May 2009 Blog Posts (11)

Bribe Payers Index 2008

Good news worth repeating! Congrats to BPI winners Belgium & Canada whose companies are least likely to engage in bribery when doing business abroad. http://is.gd/JCFC

As the effects of the financial crisis are being felt around the world, Transparency International’s 2008 Bribe Payers Index (BPI) exposes the degree to which companies of the leading exporting nations are likely to engage in bribery when doing business abroad.

The… Continue

Added by Cromag on May 30, 2009 at 7:30pm — No Comments

Trust-Busting Shows New Signs of Life

US government through the Obama Administration is finally rejecting soft stance on oligopolistic anti-competitive practices.

From: Dirt Diggers Digest

chronicling corporate misbehavior (and how to research it)

http://dirtdiggersdigest.org/archives/530

May 15, 2009 by Phil Mattera

"Everywhere you look, powerful forces are driving American industries to consolidate into… Continue

Added by Cromag on May 30, 2009 at 9:10am — No Comments

Wall Street's Best Investment II: 12 Deregulatory Steps to Financial Meltdown

The tail is wagging the dog of so called corporate governance. What's the point of voting. Giant oligopolies are gearing up to exploit the workers of global emerging markets by discarding current workforces to chase double digit growth and all at the US citizen's expense. GM is in receivership of the blessing of corporate bankruptcy to break away cleanly and be born-again under a different moniker to manipulate a whole new global culture. Reform is starting to sound like just another dirty… Continue

Added by Cromag on May 28, 2009 at 11:55pm — 1 Comment

Wall Street's Best Investment I: Paying for Policy in Washington

Wall Street's Best Investment I: Paying for Policy in Washington

By Robert Weissman

March 4, 2009

Financial deregulatory mania over the last three decades led directly to the current financial meltdown.

Were the deregulators acting out of principle? Perhaps.

But it couldn't have hurt that the financial sector invested a staggering $5.1 billion in political influence purchasing in the United States over the last decade.

The money flows are… Continue

Added by Cromag on May 28, 2009 at 11:00pm — No Comments

Behind the Bean: The Heroes and Charlatans of the Natural and Organic Soy Foods Industry

UPDATED: Philip H. Howard | Organic Processing Industry Structure updated Infographics

Revealing report on big-business's careless regulation and infiltration of the organic food industry. [Due to government subsidies, soy is one of the most prevalent ingredients in consumer foods]

Behind the Bean

The Heroes and Charlatans of the Natural and Organic Soy Foods Industry

The…

Continue

Added by Cromag on May 22, 2009 at 9:30am — No Comments

Doctors Warn: Avoid Genetically Modified Food

Immediate Moratorium on All Genetically Modified Foods Recommended

By Jeffrey M. Smith, executive director of the Institute for Responsible Technology, and author of the highly acclaimed Seeds of Deception and Genetic Roulette.

Doctors Warn: Avoid Genetically Modified Food

--Click to see permaculture.org.au website with associated links--

On May 19th, the… Continue

Added by Cromag on May 20, 2009 at 11:00pm — No Comments

Top 20 Things You Should Know About Corporate Crime

--This Top 20 list is worth repeating until it disapears--

CORPORATE CRIME REPORTER

Top Twenty Things You Should Know About Corporate Crime

21 Corporate Crime Reporter 25, June 12, 2007

Twenty years ago, Corporate Crime Reporter, a weekly print newsletter, was launched. From the beginning, the most popular feature of Corporate Crime Reporter has been a question/answer format interview. Over the years, we’ve interviewed hundreds of prosecutors,… Continue

Added by Cromag on May 14, 2009 at 9:30am — No Comments

Eli Lilly $1.4 Billion Settlement (it's not enough)

I just could not hold back from posting this any longer. How does a company, get away with making $4.8 billion of revenue for just one years worth of Zyprexa sales, end up paying only $1.4 billion in fines. How, exactly, is that a deterrent? The punishment does not come close to fitting the crime. Does this make our justice system a disgrace?

January 15, 2009

Lilly Said to Be Near $1.4 Billion U.S. Settlement

By… Continue

Added by Cromag on May 13, 2009 at 10:00pm — No Comments

Doctor Arrested at Public Roundtable on Health Care Reform Speaks Out

Published on Saturday, May 9, 2009 by CommonDreams.org

Why We Risked Arrest for Single-Payer Health Care

by Margaret Flowers, M.D.

On May 5, eight health care advocates, including myself and two other physicians, stood up to Sen. Max Baucus (D-Mont.) and the Senate Finance Committee during a "public roundtable discussion" with a simple question: Will you allow an advocate for a single-payer national health plan to have a seat at… Continue

Added by Cromag on May 9, 2009 at 5:29pm — No Comments

Oligonomy Defined

The vocabulary of economists has no word to describe an increasingly common phenomenon. An oligopoly, as you know, is a market sector in which there are few sellers. An oligopsony is a market sector in which there are few buyers. But there are an increasing number of market sectors in which the same companies are both oligopolies and oligopsonies. This situation I propose to call an oligonomy.

In an oligonomy, companies act as an oligopoly to one group, as an oligopsony to another.… Continue

Added by Cromag on May 7, 2009 at 11:30am — 1 Comment