securities and exchange commission

BP challenges official estimate of oil spilled in Gulf

January 14, 2013 - The company is seeking to reduce its civil liabilities under the Clean Water Act by excluding the oil it salvaged from the total amount spilled in the 2010 Deepwater Horizon disaster. Meanwhile, the court has approved a settlement for medical claims related to the spilled oil and dispersants used to break up the slick.

Extraction and disclosure

August 24, 2012 - The Securities and Exchange Commission stood up to intense pressure from the likes of ExxonMobil and the American Petroleum Institute to approve rules that will shine a light on dealings between some of the world's biggest corporations and the poor countries from which they extract vast amounts of wealth.

Wal-Mart and Watergate

April 27, 2012 - Wal-Mart has been accused of bribery in Mexico, but its behavior is far from unique: Many major corporations have been charged under the Foreign Corrupt Practices Act, a U.S. law passed in response to an oft-forgotten aspect of the Watergate scandal of the 1970s.

Con JOBS

March 23, 2012 - A bill originally sponsored by ethics-challenged Congressman Stephen Fincher of Tennessee is being hailed as helping small businesses and workers, but watchdogs warn that it will erode transparency and pave the way for more corporate skullduggery.

Scrushy Agonistes

July 5, 2005 - As you probably heard, Richard Scrushy was last week found not guilty of criminal charges in the billion-dollar HealthSouth accounting fraud scandal. Scrushy, feeling vindicated, has said he would like to work again at the company he founded.