As IRS crusades against Americans hiding money offshore, Latin American tax cheats flock to U.S. banks

By Michael Hudson

U.S. and its banks called "biggest tax haven" in world

Excerpts from this story referencing "bank accounts":

"… tates. U.S. officials can’t tell these countries about their citizens’ bank accounts here because the government doesn’t collect the information.Under Americ …"

"… ir governments are unstable and they worry that if information about their bank accounts gets out, they could be left vulnerable to political terrorists or for-pro …"

Book Review: A rising tide of white-collar lies

By Michael Hudson

New book examines dissembling by Bernie Madoff, Martha Stewart, Barry Bonds

Excerpts from this story referencing "bank accounts":

"… g) who create a web of falsehood. These tangled webs can drain families’ bank accounts, get people killed, cause great institutions to fall, even help crash an e …"

Back to school for the billionaires

By Rita Beamish

Business titans find reforming schools much harder than just writing checks

Excerpts from this story referencing "bank accounts":

"… illionaire boys' club."Their bets have been as big as their egos and their bank accounts. Microsoft chairman Gates, computer magnate Michael Dell, investor Eli Bro …"

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Bankers, consumer groups clash over IRS plan to crack down on foreign tax cheats

By Michael Hudson

US banks say they shouldn't have to report foreign deposits

Excerpts from this story referencing "bank accounts":

"… n Americans fear they could become targets if information about their U.S. bank accounts is shared among tax authorities.Wilkins of the Tax Justice Network said su …"

Tobacco company penalties may signal U.S. crackdown on industry practices overseas

By Traver Riggins and Ricardo Sandoval Palos

A flurry of federal enforcement action targeting payoffs by subsidiaries of two U.S. tobacco companies may signal a broader regulatory assau

Excerpts from this story referencing "bank accounts":

"… Fox. He cited the government’s charges that the companies set up special bank accounts or sponsored trips for government officials.From 1996 to 2004, Dimon, a pr …"

Undercover feds able to easily obtain fraudulent e-passports

By John Solomon

A decade after the Sept. 11, 2001, terror attacks brought to light the dangers of fake IDs, federal undercover agents are still able to easi

Excerpts from this story referencing "bank accounts":

"… to foreign countries, obtain further identification documents, and set up bank accounts,” Cardin said. “We simply cannot issue U.S. passports in this country …"

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Billionaire Clinton pal finally gets waiver from U.S. no-fly list

By John Solomon

The United States has issued a written apology to a jet-setting billionaire businessman and philanthropist with close ties to former Preside

Excerpts from this story referencing "bank accounts":

"… bacha died in 1998, Swiss and other European authorities froze a number of bank accounts, including some related to Chagoury. The matter was settled and he has nev …"

Expecting a tax refund? IRS track record on returns in 2010 was worst in years

By Jeremy Borden

The Internal Revenue Service posted its worst performance in years in getting tax refunds to the public—about 3.3 million refunds were delay

Excerpts from this story referencing "bank accounts":

"… yer: one would have provided refunds on debit cards, for taxpayers without bank accounts, but the program was rarely used in 2010. The GAO criticized the agency fo …"

Cheney led Halliburton to feast at federal trough

By Knut Royce and Nathaniel Heller

WASHINGTON, August 2, 2000 — Under the guidance of Richard Cheney, a get-the-government-out-of-my-face conservative, Halliburton Company ove

Excerpts from this story referencing "bank accounts":

"… merican assistance, investment and loans to the Russian people, not to the bank accounts of corrupt officials.”Export-Import Bank and Overseas Private Investment …"

Reform reading: JPMorgan CEO not embarrassed to be banker

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

Excerpts from this story referencing "bank accounts":

"… epaid cards, which are now mostly marketed to low-income consumers without bank accounts, carry about the same interchange rates as debit cards, or about 0.75 perc …"

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