The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.
Corporate State
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New Report Exposes World of Offshore Corporate Tax Avoidance
Fortune 500 companies are now holding $2.5 trillion in earnings offshore, which allows them to avoid an estimated $718 billion in taxes.
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Humpty Stumpfty Had A Great Fall, Now Bankers Are Scrambling One and All
What so many are waiting for is plain old fashioned justice for all. Perp walks for Fashion Week. Orange jumpsuits all around. The time to turn the tables has come.
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Hedge Funds Have Cost Workers Billions. This is How They’re Fighting Back.
A growing movement to take pension money out of hedge funds is part of a larger effort to wrest control of the economy away from the financiers who’ve created a system that works only for the super-rich.
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Here's How Corporations Rig the Rules to Dodge Paying $700 Billion In Taxes
Multinational corporations pay taxes on between just 3.0 and 6.6 percent of the profits they book in tax havens.
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New IRS Rules on Partisan Political Activity Make Nobody Happy
After Sept. 30, political and civic activists of all ideologies may need to reassess their action plans, as the IRS substantially revises regulations governing the tax-exempt status of political speech by 501(c)(4) organizations.
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California Suspends "Business Relationships" With Wells Fargo
California, the nation’s largest issuer of municipal bonds, is barring Wells from underwriting state debt and handling its banking transactions after the company admitted to opening millions of bogus customer accounts.
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How Student Income Loans Transfer Wealth to Investors and Risk to Students
A crucial difference between the subprime debt bubble and the student debt bubble is that the properties that comprised subprime mortgage securities served as collateral to the mortgage debt.
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Report Finds Racial Wage Gap Widest In Nearly 4 Decades
As wages for American workers have stagnated for more than a generation, the income gap between black and white workers has widened, and discrimination is the main reason for the persisting disparity.
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Wells Fargo Whistleblower: "They Are All Riding the Stagecoach to Hell"
Despite all of the fines paid to the Consumer Financial Protection Bureau, Wells Fargo continues to deny any allegations of wrongdoing. Now a former employee is disputing that claim.
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South Manchester Hospital Embodies NHS Success Even As Deep Healthcare Cuts Set In
Stepping Hill Hospital is operating under intense financial pressure – but is still saving lives – as the U.K. government continues to make billions of pounds’ worth of cuts to Britain’s NHS.
