July 17th, 2009
British life insurance company
Friends Provident is doing something unusual in today's business environment - not only has it shunned moving offshore to a low tax jurisdiction, it's insisting that another company move onshore too before it'll consider a merger. From the
Guardian:
Insurer Friends Provident today set out terms for a merger with Clive Cowdery's buyout vehicle Resolution. The deal would scupper Resolution's plans to pay a select band of executives 10% of annual profits and base the new company in a tax haven.
Friends Provident said it was...
July 17th, 2009
Insurer Friends Provident today set out terms for a merger with Clive Cowdery's buyout vehicle Resolution. The deal would scupper Resolution's plans to pay a select band of executives 10% of annual profits and base the new company in a tax haven.
Continue Reading
July 16th, 2009
WASHINGTON (Dow Jones)--Much has changed at the Justice Department since the Obama administration took charge, but one controversial tactic in corporate-crime cases has not: the use of settlements that allow corporations to avoid prosecution for wrongdoing.
Continue Reading
March 13th, 2009
President Jimmy Carter and others recall the hot politics surrounding the first anti-bribery legislation and those who opposed it. The clip is part of an ongoing FRONTLINE and FRONTLINE/World project examining the global impact of bribery and increased international efforts to police corruption, called "The Business of Bribes." The unfolding online investigation will lead up a FRONTLINE documentary, "Black Money," airing April 7 on PBS.
Continue Reading
