Sox First

Yesterday I did a blog entry looking at how Judge Rackoff had ripped into the Securities and Exchange Commission over a deal it had done with Citigroup where the corporate regulator ignored the way …

Was Dominque Strauss-Kahn's sex scandal a political set-up? It's a question you're left asking when you read this fascinating account in the Financial Times about that afternoon in Manha…

Public distrust of US banks is running high. They have shocking reputations, as detailed by Gary Rivlin in the Daily Beast where he details a list of offences by the banks. These include JP Morgan&#…

With the imminent European meltdown, the ultra rich are just salting it away. According to one estimate, they have $25 trillion stashed into various accounts around the world. The question is when d…

James Murdoch appeared before British Parliament's Culture, Media and Sport Committee for the second time and he came across even worse. Here, you can watch British MP Tom Watson compare him to …

It's make or break time for James Murdoch. He is back for a second time this morning before a parliamentary committee investigating the phone hacking at News of The World. When he first appeared…

James Murdoch faces a second round of questioning in Parliament next week and this time the job in front of him is going to be even tougher. Last time, he claimed he was unaware of the hacking.But a…

Criminals are making huge money in global markets. A UN report reveals that criminal proceeds amounted to 3.6 percent of global gross domestic product in 2009, amounting to a whopping $2 trillion. A…

It's official: the one per cent really are different from everyone else. According to a report from the Congressional Budget Office, the top one per cent of the US population are actually gettin…

So where exactly do the one per cent work? If the latest figures are anything to go by, you would have to say that the protesters should direct their anger away from Wall Street.Statistics compiled …