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Corporate crime

One topic of discussion between Presidents Barack Obama and Xi Jinping when they met in California last summer was cyber espionage.

The Obama administration has put China on notice — with indictments for cyber espionage

Business, Economics and Jobs

In an unprecedented move, the US Justice Department is charging five Chinese military officers with cyber espionage. And the charges are not being well-received in China.In an unprecedented move, the US Justice Department is charging five Chinese military officers with cyber espionage. And the charges are not being well-received in China.

Investigation finds SEC regularly exempting Wall Street banks from fraud penalties

Business, Economics and Jobs

Patent expires on blockbuster Lipitor drug; generics on the way

Health & Medicine

Companies Don’t Have to Go Public, So Why Do They?

Securities and Exchange Commission Under Scrutiny

Patent Expires For Popular Drug Lipitor

The 10 million Americans who take Lipitor to deal with their high cholesterol are about to get some good news. The 20 year patent on the blockbuster  prescription  drug expires  Wednesday, creating an opening for other companies to manufacture cheaper, chemically identical generic versions of the drug. Two companies have products coming out on the market to entice […]

Judge Rejects Citigroup Settlement Over Toxic Mortgages

A federal judge  rejected  a $285 million settlement between Citigroup and the Securities and Exchange Commission, objecting to the practice of allowing banks to settle fraud cases without admitting guilt. Citi may now face a trial over the sale of  toxic mortgages  which cost investors millions but made the bank profit. The judge  said  the public has a right to “the […]

Contaminated Water

Soldiers in Iraq may have been exposed to polluted water, a company whistleblower says, causing a number of mysterious illnesses among troops.

The World

FTC issues report on debt collection reform

Conflict & Justice

Louise Story, finance reporter for The New York Times, talks about the glaring problems with our debt collection system and, specifically, the law firms that specialize in debt collections, sometimes assigning thousands of cases to a single lawyer.

The World

What is financial reform really going to do?

Conflict & Justice

Financial regulatory reform will likely be signed into law this summer, months before the Financial Crisis Inquiry Commission wraps up its investigation on the causes of the crisis.