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Why I Am Leaving Goldman Sachs

On March 14, 2012, in Greed, by Editor

- By Greg Smith, The New York Times, US TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand […]

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Rwanda: How dare you accuse our client of genocide

On December 7, 2011, in Ethics, by Editor

A public relations firm whose senior management has close links to the Liberal Democrats said they had created an internet “attack site” for the government of Rwanda over accusations it had been involved in genocide. – By Melanie Newman and Oliver Wright, The Independent, UK Mark Pursey, head of BTP Advisers, was secretly recorded saying […]

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Vicious dictatorship which Bell Pottinger was prepared to do business with

On December 6, 2011, in Ethics, by Editor

Exposed: Public relations firm’s dealings with some of the world’s most controversial regimes. – By Shaun Walker, Russian Correspondent, The Independent, UK Most of the countries of the former Soviet Union have problems with democracy and human rights, to put it mildly. There is the unpleasant dictatorship of Belarus, on Europe’s doorstep, and the surreal […]

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The Sting: The fake ‘Azimov Group’ meets Bell Pottinger

On December 6, 2011, in Ethics, by Editor

Britain is gaining a reputation as an international centre of image laundering, with the lack of regulation meaning that PR companies can represent the most repressive regimes without public scrutiny. – By Oliver Wright and Oliver Duff, The Independent, UK In the US lobbyists working for foreign governments have to publicly disclose their client contracts […]

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Church: ‘I sang at his wedding. We’d done a deal’

On November 29, 2011, in Ethics, by Editor

Charlotte Church says she waived £100,000 fee from Murdoch in return for ‘favourable’ coverage – only to be phone-hacked. – By James Cusick, The Independent, UK Rupert Murdoch used the power of his global media empire to cut a deal with the singer Charlotte Church that ensured the teenage star sang for free at his […]

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EDF fined €1.5m for spying on Greenpeace

On November 10, 2011, in Spying, by Editor

The energy company’s former security chief was sentenced to three years in prison for employing a firm to hack into the energy watchdog’s computers. – By Hanna Gersmann, The Guardian, UK France’s state energy firm EDF has been fined €1.5m by a Paris court for spying on Greenpeace. “As one of the six companies with […]

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Lies, damned lies and News International

On November 2, 2011, in Bribes, by Editor

Emails show that company knew three years ago of widespread culture of hacking among senior journalists. – By James Cusick and Cahal Milmo, The Independent, UK Secret internal documents kept by News International reveal that executives knew three years ago that there was “overwhelming” evidence of senior journalists’ involvement in phone hacking. A cache of […]

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DEAR AMERICA: It’s Time To Say A Big ‘Thank You’ To Amazon

On October 26, 2011, in Business, by Editor

Amazon just reported its third quarter results. – By Henry Blodget, Business Insider, US The company missed Wall Street’s estimates for both revenue and earnings and said it would have lower profit margins next quarter. This resulted in the usual spanking of Amazon’s stock, as short-term profit seekers growled in disgust and raced for the […]

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Trader was not a hoaxer, says BBC

On September 27, 2011, in Greed, by Editor

A financial trader who appeared on the BBC and said he dreamed of making money from another recession was not a hoaxer, the broadcaster has said. BBC Website, UK Users of Twitter have cast doubt on Alessio Rastani’s credentials. But the BBC said: “We’ve carried out detailed investigations and can’t find any evidence to suggest […]

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News Corp withdraws bid for BSkyB

On July 13, 2011, in Bribes, by Editor

Rupert Murdoch’s News Corporation has announced that it is dropping its planned bid to take full ownership of BSkyB. – BBC Website, UK The announcement came as the House of Commons was preparing to vote for a motion calling on Mr Murdoch to do so. All three major party leaders had said they supported the […]

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