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Another Flawed Study on the 'Rich'
Published August 23, 2012
Where did the middle class really go? And what is the reality behind income inequality?
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From Blood Diamonds to Blood Smartphones?
Published August 22, 2012
The SEC voted Wednesday to finalize sweeping new rules that would effectively force companies to disclose their use of four ‘conflict minerals' often found in computer chips and electronic gadgets.
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A Dubious Study on CEO Pay and Corporate Taxes
Published August 16, 2012
A new study that claims 26 big U.S. companies paid their chief executives more than they paid in federal taxes is loaded with dubious assumptions.
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Former Top Treasury Official: Go Tough on Standard Chartered
Published August 14, 2012
A Treasury Department official under President George W. Bush says the $340 million fine Standard Chartered agreed to pay due to its New York branch’s dealings with Iran is a disappointment.
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Standard Chartered to Pay $340M Fine
Published August 14, 2012
Standard Chartered has agreed to pay a fine of $340 million to the New York Department of Financial Services after superintendent Benjamin M. Lawsky charged the bank with hiding more than 60,000 financial transactions amounting to more than $250 billion for Iranian state-owned banks.
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The Ryan Medicare Plan
Published August 13, 2012
The Agenda Project Action Fund, a progressive public policy group, is still touting its misleading “Throw Granny from the Cliff” ads, purporting to show that GOP vice presidential candidate Paul Ryan seeks to end Medicare as we know it. It's all misleading and false.
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StanChart in Settlement Talks on Iran Charges
Published August 09, 2012
Emac: Standard Chartered is in talks to settle allegations that its New York branch conducted $250 billion in transactions with Iran in violation of U.S. sanctions.
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California School District Will Spend $1 Billion to Borrow $100 Million
Published August 08, 2012
A school district north of San Diego borrowed $105 million over 40 years by selling a bond so unusual that the State of Michigan outlawed it years ago. Taxpayers in the area will end up with a nearly $1 billion bill at the end of this deal.
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Illinois to Spend More on Pensions Than on Education
Published August 06, 2012
The state of Illinois faces at least $83 billion in unfunded liability between its five pension systems, and is on track to spend more on its government pensions than on education by 2016, a new study released by Governor Pat Quinn’s office says.
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Plunge in Facebook Shares Has California Seeing Red
Published August 02, 2012
California is now scrambling because it got hypnotized and overstated by a factor of nearly 50% the amount of capital gains tax revenue that it thought was coming in from the Facebook IPO.
