General Electric

Fraud Investigator Accuses General Electric of Hiding $38-Billion in Liabilities. GE Says the Accusation Is A Fraud to Game Stock Prices

Markopolos' report indicates that GE is locked into $38-billion in future expenses that it has not disclosed, which is over 40% of the company’s market capitalization. The company says the report itself is fraud because it was designed to plunge the price of GE stock so insiders could buy cheap and sell high later.

Trump Picks Surveillance Advocate & Google Lobbyist As Intelligence Czar

FILE – In this Nov. 17, 2016 file photo, then-Indiana Sen. Dan Coats on Capitol Hill in Washington. President-elect Donald Trump is planning to appoint former Coats as Director of National Intelligence. (AP/Susan Walsh)
U.S. President-elect Donald Trump says he’ll nominate former Indiana Sen. Dan Coats as national intelligence director, AP reports on Saturday.

Stop Corporate Welfare Kings

By Ralph Nader | CounterPunch | April 17, 2015 “Tax day” comes and goes each year, but unfortunately, the systemic issues that plague American taxpayers linger on without resolution well past the mid-April deadline. The U.S. tax code has long been manipulated by corporate lobbyists and their corporate tax attorneys. (President Jimmy Carter once called […]

The G.E. Loophole-- Bankrupting America To Make G.E. Executives Richer, Part I

On April 2, the Senate Finance Committee is planning to renew 55 major tax breaks worth $700 billion over 10 years, which is mostly to the benefit of the corporations like General Electic, Goldman Sachs and Citigroup, which underwrite the political careers of our political elite in general and the members of the Senate Finance Committee in particular.