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Tag: Securities and Exchange Commission

BP Cover-up
Part 2: Bribery, George Bush and WikiLeaks

Greg Palast 

by Greg Palast – Exclusive for EcoWatch.org
Friday, 20. April, 2012

Evidence now implicates top BP executives as well as its partners Chevron and Exxon and the Bush Administration in the deadly cover-up ”“ which included falsifying a report to the Securities Exchange Commission.

Yesterday, Ecowatch.org revealed that, in September 2008, nearly two years before the Deepwater Horizon explosion in the Gulf of Mexico, another BP rig had blown out in the Caspian Sea”“”“which BP concealed from U.S. regulators and Congress.

Had BP, Chevron, Exxon or the Bush State Department revealed the facts of the earlier blow-out, it is likely that the Deepwater Horizon disaster would have been prevented.

Days after the Deepwater Horizon blow-out, a message came in to our offices …more

Behind Bush’s Wyly Billionaire Burglars
… Hint: Beyond Petroleum

Greg Palast 
Greg Palast
From the Joker’s Wild card deck

Sam Wyly is one of the planet’s “Ten Greenest Billionaires,” according to Forbes. And, the magazine should have added, the one that deserves the most prison time.

Yesterday, the Securities and Exchange Commission charged billionaire Sam and his billionaire brother Charles with a stock market fraud which sucked over a half billion dollars out of their victims’ pockets. That’s nothing. The SEC has only uncovered the rattling tale of the Wyly snake.

This billionaire boys club is best known for backing the smear campaign against John McCain credited with giving George W. Bush the GOP nomination for President in 2000.  In 2004 they backed the Swift Boat smear on John Kerry.

…more

The Spies Who Shag Us

Greg Palast 

I know you’re shocked — SHOCKED! — that George Bush is listening in on all your phone calls. Without a warrant. That’s nothing. And it’s not news. This is: the snooping into your phone bill is just the snout of the pig of a strange, lucrative link-up between the Administration’s Homeland Security spy network and private companies operating beyond the reach of the laws meant to protect us from our government. You can call it the privatization of the FBI — though it is better described as the creation of a private KGB. …more

Scottish Power Deal Rocked by US Attacks

Gregory Palast for The Observer/Guardian UK

Scottish Power's troubled takeover of United States electricity company Pacificorp is under further pressure this weekend. Veteran consumer campaigner Ralph Nader is preparing legal action to block it, while tougher limits on profits threatened by US regulators could make the deal unviable. ...more