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joeybaker : kleptocracy   403

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Companies Use Borrowed Billions to Buy Back Stock, Not to Invest
Trickle down economics are the only economic theory behind corporate debt financing stock buy backs gives real confidence that it’s a smart move.
corporateIncompetence  corporateCorruption  kleptocracy 
august 2019 by joeybaker
Leading US drug companies 'conspired to inflate prices by up to 1,000%'
Industry-wide scheme affects prices of more than 100 treatments used for HIV, asthma, cholesterol, ADHD and anti-depressants, huge legal case alleges
healthcareMalfeasance  corporateCorruption  casteingTheLowerClass  casteingTheMiddleClass  kleptocracy 
may 2019 by joeybaker
Trump tax ‘cut’ actually increased taxes for 10 million American families, report finds
A Center for American Progress estimate found that 10,260,263 families saw their taxes go up, thanks to the 2017 law.
casteingTheMiddleClass  kleptocracy  trumpCorruption 
april 2019 by joeybaker
Panama Papers helps recover more than $1.6B around the world
Canada’s Revenue Agency has released its first figures, saying it has assessed $14.9 million in tax and fines from audits into Canadians in the Panama Papers,
corruption  kleptocracy  fourthEstate  win 
april 2019 by joeybaker
An explosive exposé on a $9 billion Russian money laundering operation entangles Citigroup, Raiffeisen, and Deutsche Bank
A project detailing what it calls ‘the Troika Laundromat’ outlines a massive money-laundering operation with links to politicians and Western banks.
kleptocracy 
march 2019 by joeybaker
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