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How to Lose Allies and Alienate Clients, a Swiss Approach
August 6th, 2009
By now, I’m sure you’ve heard of the Swiss bank giant and scandal headliner UBS. The scandal broke early this year when the IRS caught wind that Swiss bankers were traveling to the U.S. and systematically offering wealthy Americans the opportunity to evade taxes in Swiss banks. In addition, UBS formed offshore non-U.S. companies for investor’s assets and then engaged in an aggressive cover-up to conceal these activities. The Bank pled guilty to the criminal charges, was fined $780 million and forced to hand over 250 names of tax-evading Americans. Next there was the civil case held...
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Global Witness Encourages Clinton to Address Conflict, Corruption in Africa
August 6th, 2009
Task Force member Global Witness has released a statement urging US Secretary of State Hillary Rodham Clinton to address the issues of conflict and corruption - particularly in regard to natural resources - on her current trip to Africa. From Global Witness:

US Secretary of State Hillary Clinton should put a strong emphasis on how best to manage natural resource wealth and avoid conflict and corruption on her official tour of Africa this week, said campaign group Global Witness today.

Among the seven countries she will visit, Angola, Liberia, the Democratic...

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