Privatization & Procurement

The U.S. Congress saw no progresses toward corporate accountability and reining in corporate influence over public institutions in 2013, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card. Read More

David Tepper, the founder of New Jersey-based Appaloosa Management, was the world's highest earning hedge fund manager for the second year in a row, according to the Rich List published earlier this month. Tepper earned $3.5 billion in 2012, a major increase on his $2.2 billion take home income in 2012. Read More

Three top executives at Anglo Irish bank are on trial for a secret scheme to buy their own bank's shares that eventually triggered the 2008 collapse of the Irish economy. The bankers allegedly hatched the plan to cover up bets made by Sean Quinn, once Ireland's richest man. Read More

Goldman Sachs, the Wall Street investment bank, is being sued in London for selling Libya "worthless" derivatives trades in 2008 that the country's financial managers did not understand. Libya says it lost approximately $1.2 billion on the deals, while Goldman made $350 million. Read More

Global Response Staff is a new unit set up by the U.S. Central Intelligence Agency's (CIA) to hire private security contractors to accompany dangerous spying missions. Unlike Jason Bourne - the fictional character on which they appear to be modeled on - this gang cannot shoot straight. Read More

This profile of Ireland is from CorpWatch's EuroZone Profiteers report - a study of the the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left borrowing countries deep in debt. Read More

This profile of Westdeutsche Landesbank is from CorpWatch's EuroZone Profiteers report which investigates the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left the countries deep in debt. Read More

Julio Ponce, the billionaire owner of Sociedad Quimica & Minera de Chile (SQM), faces ten years in prison for insider trading. A beneficiary of former dictator General Augusto Pinochet, Ponce is charged with buying company shares at below market prices and selling them at a profit. Read More

The family of Jimmy Mubenga, an Angolan refugee in the UK, has brought a civil lawsuit against G4S, the world's largest private security company. Mubenga died on October 12, 2010 while being restrained by G4S guards who were hired to help deport him from the country. Read More

What role did senior executives of the Bank of Cyprus and Laiki Bank play in the collapse of Cyprus banking? Billions of euros - mostly invested by Russians and Ukranians attempting to dodge taxes - have been gambled away in the last few years. Read More