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News & Updates
On the occasion of International Anti-Corruption Day, the United Nations Global Compact today announced the launch of two global projects to advance implementation of its anti-corruption agenda. The projects are funded by grants...
December 9, 2010 WikiLeaks cyberwar: hackers bring down Swedish government siteSource: Telegraph.co.uk
The official site, regeringen.se, was offline for several hours overnight and only a message saying the site could not be reached was visible. Commercial websites including Visa, MasterCard and PayPal have already been targeted...
December 8, 2010 SEC Charges Banc of America Securities With Fraud in Connection With Improper Bidding Practices Involving Investment of Proceeds of Municipal SecuritiesSource: Securities and Exchange Commission
Washington, DC — The Securities and Exchange Commission has charged Banc of America Securities, LLC (BAS) with securities fraud for its part in an effort to rig bids in connection with the investment of proceeds of municipal...
December 8, 2010 Pharmaceutical Manufacturers to Pay $421.2 Million to Settle False Claims Act CasesSource: US Treasury
WASHINGTON — Abbott Laboratories Inc., B. Braun Medical Inc. and Roxane Laboratories Inc. n/k/a Boehringer Ingelheim Roxane Inc. and affiliated entities have agreed to pay $421 million to settle False Claims Act allegations,...
December 7, 2010 Top Five MBA Programs in Ethics and CSRSource: International Business Times
The QS Global 200 Top Business Schools survey for 2010/11, based on the perceptions of leading recruiters, has also released a rating of B-schools perceived to address issues of ethics and social responsibility most effectively...
December 7, 2010 Top Duke executive resigns over Indiana e-mailsSource: BusinessWeek
A top executive of Duke Energy resigned Monday after a newspaper published e-mails detailing his social relationship with the former chairman of the Indiana Utility Regulatory Commission
December 7, 2010 Another blow for Madoff victimsSource: CNN Money
Nearly two years since the arrest of Ponzi schemer Bernard Madoff, hundreds of his victims are in for another nasty blow. Irving Picard, the court-appointed trustee in charge of recovering and distributing Madoff's assets, has...
December 7, 2010 US Justice Department's Operation Broken TrustSource: US Justice Department
I’m pleased to be joined today by several key leaders in our collective effort to combat financial fraud – FBI Executive Assistant Director Shawn Henry and SEC Director of Enforcement Robert Khuzami, as well as the U.S. Postal...
HSBC Holdings Plc, Europe’s biggest lender, was sued for $9 billion over claims it aided Bernard Madoff’s fraud through a network of feeder funds in Europe, the Caribbean and Central America. Irving H. Picard, trustee for the...
December 3, 2010 WikiLeaks Stalks Corporate America: How Companies Can PrepareSource: Fast Company
Julian Assange told Forbes he plans to publish a “treasure trove” of documents belonging to the private sector. We talked to crisis communications professionals about how companies should prepare. The U.S. government so far has...
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