Thursday, 14 January 2010

Holding Corporations Accountable for Apartheid Crimes

By Amy Goodman

"Who is a corporation and what are its responsibilities? If companies can affect lives in ways that make those lives worse, so that people are suppressed or terrorized ... you are basically ascribing to eternity the fact that companies can act with both impunity and immunity." Continue





By Ambrose Evans-Pritchard

Fitch Ratings has issued the starkest warning to date that the US will lose its AAA credit rating unless acts to bring the budget deficit under control, citing a spiral in debt service costs and dependence on foreign lenders. Continue


Engineering Poverty


Audio Report By Stacy Herbert & Max Keiser

How JP Morgan gets rich with increased poverty. Continue


Venezuela to reinforce troops on Colombia border with Russian tanks: Venezuelan President Hugo Chavez has announced plans for the deployment of new Russian-made tanks and combat helicopters on the border with Colombia.

Venezuela imposes energy rationing: Hugo Chavez, the president, has said rationing is necessary to prevent water levels in the country's main dam from falling to critical lows and causing a widespread power collapse

Health Insurers Funded Chamber Attack Ads: Just as dealings with the Obama administration and congressional Democrats soured last summer, six of the nation's biggest health insurers began quietly pumping big money into third-party television ads aimed at killing or significantly modifying the major health reform bills moving through Congress.

SEC suit: Bank of America failed to disclose ’staggering financial losses’: Bank of America failed to disclose staggering financial lossesFederal regulators sued Bank of America Corp. on Tuesday, accusing the company of failing to disclose "staggering financial losses" at Merrill Lynch before shareholders approved a combination of the companies.

U.S. Prime Jumbo RMBS Delinquencies Nearly Triple to 9%; CA Drives Trend: Overall, prime RMBS 60+ days delinquencies rose to 9.2% for December 2009, up almost three times compared to the same period last year (3.2% in December 2008). The 2006/2007 vintages combined rose to 12.7% from 4.3%.