Financial Transparency Coalition

US SEC OKs tougher reverse merger listing rules Reuters, November 9, 2011 Siemens Charged With Bribery In Turkey The Wall Street Journal (blog), November 10, 2011 EU Transparency rules: needed in all sectors EURODAD, November 10, 2011 Swiss May Discipline Four Banks For Poor Due Diligence The Wall Street Journal (blog), November 10, 2011 G20

Would IRS rule prompt foreigners to yank billions from Florida banks? Orlando Sentinel, November 8, 2011 Why Ethiopians must unite (Part IV) AbugidaInfo.com, November 9, 2011 Olympus Hid Investing Losses in Big Merger Payout The New York Times, November 7, 2011 Oldest Swiss private bank to offer U.S. client names Reuters, November 9, 2011 French

Advani continues to target Congress on black money issue News Track India, November 8, 2011 UPA must release white paper on black money: Advani Times of India, November 8, 2011 Exclusive: Credit Suisse will disclose names of U.S. clients Reuters, November 8, 2011 Money launderers pose national threat The Sydney Morning Herald, November 7, 2011

Two prominent advocacy groups have released major reports last week exposing unsettling truths about bribery and tax dodging schemes among large corporations in the United States and around the world. Berlin-based Transparency International published its annual Bribe Payers Index on Tuesday, ranking 28 countries on the perceived likelihood of bribery within their companies, followed only days later by the Corporate Tax Payers & Corporate Tax Dodgers 2008-2010 report by Citizens for Tax Justice and the Institute on Taxation and Economic Policy.