Bizcovering

Allegations of misconduct abound in the corporate world nowadays. Corporate executives commit offenses that are markedly different from ordinary criminals. They do not hold up stores, steal cars, or shoplift; instead, they engage in frauds, receive kickbacks, trade stocks on inside information, and deliberately fail to pay government loans. The impact of their misdeeds can be tremendous, affecting the lives of people by the thousands. Here are five notable corporate scandals in history.

The world get’s frostbite as Iceland freezes assets in banks, while Switzerland is unimpressed by this and the stiff hot winds from Libya as 10 billion are taken out of Swiss banks in one fell swoop.

As two of the biggest consumers of oil, China and the US share a large interest in energy security and developing alternative energy sources. Thus Henry Paulson, US secretary of the Treasury speaks of how America can work with China, both economically and strategically.

The way that world governments approach the economy is increasingly resembling the way it has always been in Italy, for the worst.

Describing how the Big Three automakers are working aggressively to participate in the Bush Bailout Plan for Wall Street. It addresses the failure of the Big Three to modernize to compete with the rapidly growing foreign automaker presence in the U.S. It also highlights the inadequate management of the executives that run the Big Three.

Brief description of the corruption of the 1920s.