Financial Transparency Coalition

NEWARK, N.J. (Bloomberg) -- The mayors of Hoboken and Secaucus, New Jersey, and several rabbis were among at least 30 people arrested today as part of a public corruption and money- laundering investigation by U.S. authorities.

NZPA: New Zealand has signed a Tax Information Exchange Agreement with Guernsey -- one of the Channel Islands off Britain, known as a tax haven.

July 22 (Bloomberg) -- China’s detention of Rio Tinto Group executives amid allegations of espionage and bribery should serve as a reminder to foreign companies that they may also risk prosecution by U.S. enforcement agencies, lawyers said.

WASHINGTON (Dow Jones)--The U.S. Treasury Department is running the government's rescue of the financial system like disgraced investor Bernard Madoff, lawmakers and a watchdog suggested Tuesday, with little transparency and not enough limits to prevent conflicts of interest.