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LONDON - February 26 - WikiLeaks begins to publish today over five million e-mails obtained by Anonymous from "global intelligence" company Stratfor. The emails, which reveal everything from sinister spy tactics to an insider trading scheme with Goldman Sachs (see below), also include several discussions of the Yes Men and Bhopal activists. (Bhopal activists seek redress for the 1984 Dow Chemical/Union Carbide gas disaster in Bhopal, India, that led to thousands of deaths, injuries in more than half a million people, and lasting environmental damage.) Many of the Bhopal-related emails, addressed from Stratfor to Dow and Union Carbide public relations directors, reveal concern that, in the lead-up to the 25th anniversary of the Bhopal disaster, the Bhopal issue might be expanded into an effective systemic critique of corporate rule, and speculate at length about why this hasn't yet happened—providing a fascinating window onto what at least some corporate types fear most from activists.
Massive Leak Reveals Criminality, Paranoia, Among Corporate Titans | Common Dreams
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Greece on the breadline: cashless currency takes off | World news | The Guardian
A determination to 'move beyond anger to creativity' is driving a strong barter economy in some places In recent weeks, Theodoros Mavridis has bought fresh eggs, tsipourou (the local brandy: beware), fruit, olives, olive oil, jam, and soap. He has also had some legal advice, and enjoyed the services of an accountant to help fill in his tax return. None of it has cost him a euro, because he had previously done a spot of electrical work – repairing a TV, sorting out a dodgy light – for some of the 800-odd members of a fast-growing exchange network in the port town of Volos, midway between Athens and Thessaloniki.The Truth Behind Why Japanese Automakers are “Better” at Clever Dude Personal Finance and Money
I keep hearing over and over that “ The U.S. automakers deserve to die off because they make crappy cars and bad decisions “. People think that’s why they can’t make a buck and are at risk of bankruptcy. But I have another side of the story that not many people are aware of: The biggest problem right now with GM, Ford and Chrysler are their payrolls and pensions.
Do Japanese autoworkers make more than American autoworkers?
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Crony Capitalism Comes Homes - NYTimes.com
The answer is no. That alarmist view of the movement is a credit to the (prurient) imagination of its critics, and voyeurs of Occupy Wall Street will be disappointed. More important, while alarmists seem to think that the movement is a “mob” trying to overthrow capitalism, one can make a case that, on the contrary, it highlights the need to restore basic capitalist principles like accountability.
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Residents of California and Hawaii are the most indebted individuals in America, but they're also among a group that are making the most progress in paying down the amount they owe, according to a MoneyWatch analysis of state-by-state debt statistics. Overall, debt — and particularly credit card debt — is dropping appreciably as the country is swept by two complimentary trends: a new commitment to fiscal responsibility and lending restrictions that are generally keeping credit out of the hands of people who aren't committed to using debt responsibly. "There is clearly a segment of the population that can't borrow," says Kenneth Lin, president of Credit Karma , which provided the data. "But there is also a segment of the population that is just cutting back, paying down their debts and pulling out the credit cards less often."IdentityProtector::Main
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The Double Irish arrangement is a tax avoidance strategy that U.S. based multinational corporations use to lower their corporate tax liability. The idea is to use payments between related entities in a corporate structure to shift income from a higher-tax country to a lower-tax country. It relies on the fact that Irish tax law does not include U.S. transfer pricing rules. [ 1 ] [ edit ] Overview Typically, the company arranges for the rights to exploit intellectual property outside the United States to be owned by an offshore company.