Financial Transparency Coalition

Bloomberg -- Secretary of State Hillary Clinton shifts to economic statecraft this week on an African tour that stops in major oil and mineral exporters as she seeks advantages for U.S. investors in a market where China is making inroads.

National Public Radio: It's been an eventful week for Swiss banking giant UBS. It posted a $1.3 billion loss on Tuesday — its third straight quarterly loss.

There's been some very disappointing news over the past 24 hours leaking out of the UBS settlement negotiations indicating that the Swiss banking giant will not be forced to pay a fine in the case and will only be required to reveal roughly 5,000 names - a fraction of the 52,000o offshore UBS accounts controlled by Americans in Switzerland. If this indeed is what the final settlement includes, then it will be a sad day for justice. Indeed the Swiss are even admitting that this settlement plan would do nothing to impart Swiss banking secrecy. From the...

The Star-Ledger - In his boldest play yet to force the resignation of Ridgefield's mayor, Gov. Jon Corzine signed an executive order yesterday freezing state approvals for development projects in any city or town where a mayor has been charged with public corruption but refuses to step down.