CORPORATE MISCONDUCT

Godman Sachs Messages Show it Thrived as Economy Fell

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NY TIMES– In late 2007, as the mortgage crisis gained momentum and many banks were suffering losses, Goldman Sachs executives traded e-mail messages saying that they would make “some serious money” betting against the housing markets. The messages, released Saturday by the Senate Permanent Subcommittee on Investigations, appear to contradict statements by Goldman that left the impression that the firm lost money on mortgage-related investments. … Read More

Fed-Ex Discards Injured Worker

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TRUTH DIG– Dean Henderson’s career with FedEx ended abruptly when a reckless driver plowed into his company truck and mangled his leg. His doctor will decide this week if it needs to be amputated. No longer able to drive, stripped of value in our commodity culture, he was tossed aside by the company. He became human refuse. He spends most of … Read More

Iraqis Outraged as Blackwater Case Gets Thrown Out

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ARMY TIMES– Iraqis seeking justice for 17 people shot dead at a Baghdad intersection responded with bitterness and outrage Friday at a U.S. judge’s decision to throw out a case against a Blackwater security team accused in the killings.The Iraqi government vowed to pursue the case, which became a source of contention between the U.S. and the Iraqi government. Many Iraqis … Read More

Another Monsanto Man in Key USDA Post?

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GRIST– Like a tractor driven by a drunk, the Obama administration keeps zigzagging on food/ag policy–sometimes veering in the direction of progressive change, other times whipping back toward the agrichemical status quo. In the last couple of days, there’s been a sharp turn toward the status quo. As I reported yesterday, Obama plucked Islam “Isi” Siddiqui from the nation’s most … Read More

No More Net Neutrality? New Ruling Eliminates FCC Authority

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SALON– The U.S. Court of Appeals for the District of Columbia ruled today [PDF] that the Federal Communications Commission doesn’t have the authority to enforce “net neutrality,” which requires companies to treat all traffic over their networks equally. The case was brought by Comcast. A little history: the initial case started in 2007, when Comcast customers noticed the company was … Read More

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