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chronicling corporate misbehavior (and how to research it)

Last Build Date: Fri, 23 Feb 2018 19:19:45 +0000


The Gun Industry’s Missing Penalties

Fri, 23 Feb 2018 01:04:07 +0000

Violation Tracker collects data on enforcement activity by more than 40 federal regulatory agencies and the Justice Department. Missing from the list is the Bureau of Alcohol, Tobacco, Firearms and Explosives. The database provides penalty totals for about 50 major industry groups. High on the list are controversial industries frequently involved in misconduct: banks, oil […]

Trump Goes Easy on Major Corporate Offenders

Thu, 15 Feb 2018 21:04:55 +0000

It’s unclear to what extent the Obama Administration’s practice of extracting unprecedented monetary penalties on miscreant companies proved to be an effective deterrent, but at least the billion-dollar fines and settlements served to highlight the ongoing problem of corporate crime. The Trump Administration seems to be a lot less interested in cracking down on the […]

Stopping the Growth of Rogue Corporations

Thu, 08 Feb 2018 23:01:38 +0000

The federal response to corporate misconduct over the past two decades has alternated between tougher monetary penalties and the promotion of voluntary measures to lure companies into behaving better. Neither has worked very well. Companies came to saw the increased fines as a tolerable cost of doing business (especially when they were tax deductible), while […]

Tipping the Scales Against Workers

Thu, 01 Feb 2018 23:40:46 +0000

Donald Trump built his presidential campaign on the claim that he would be a champion for working people, yet his administration finds one way after another to tip the scales in favor of employers. The latest example involves tips themselves. In December the Labor Department, bowing to the wishes of the National Restaurant Association, proposed […]

The Bonus Boondoggle

Fri, 26 Jan 2018 00:35:02 +0000

Home Depot is the latest company to join the bonus bandwagon, announcing that it will give hourly employees one-time payments of up to $1,000 as a “reward to our associates for continuing to deliver outstanding customer service.” CEO Craig Menear added: “This incremental investment in our associates was made possible by the new tax reform […]

The Corporate Trumps

Thu, 18 Jan 2018 21:49:22 +0000

After the 2016 election there was much trepidation in the corporate world about what the election of a self-proclaimed populist would mean for business. Trump’s intervention in the controversy over layoffs at a Carrier plant in Indiana was taken as a signal that he would be tough on the Fortune 500. “Corporate America unnerved by […]

Wage Reparations

Thu, 11 Jan 2018 23:03:51 +0000

Donald Trump got a lot of mileage during his presidential campaign from criticizing the poor record of wage growth during the Obama era. Since taking office he has done nothing to directly address the issue. In fact, his administration’s attacks on labor rights have made it more difficult for workers to push for higher pay […]

Money Laundering and Corporate America

Thu, 04 Jan 2018 22:12:23 +0000

Money laundering has jumped back to the top of the corporate crime charts, thanks to Steve Bannon’s statements about Trump’s associates as well as the revelation by the founders of Fusion GPS that they gave Congressional investigators leads about the president’s questionable business transactions. Amid all this, the Office of the Comptroller of the Currency […]

The 2017 Corporate Rap Sheet

Wed, 20 Dec 2017 20:27:08 +0000

The year began with a burst of announcements by the Obama Administration of cases it rushed to resolve before leaving office. In the period between election day and the inauguration, the Justice Department and various agencies announced more than $30 billion in fines and settlements. That flurry of activity disappeared once Donald Trump took office. […]

Tracking U.S. Attorney Prosecutions

Thu, 14 Dec 2017 19:48:30 +0000

When Donald Trump fired dozens of U.S. Attorneys last March, there was speculation that the main objective was to remove some, especially Preet Bharara in Manhattan, who might be investigating the president’s business interests. It remains to be seen what will happen with such probes, but the move highlighted the importance of the more than […]