Comments for The Inspired Economist

Comment on Evading Taxes Is “Unamerican” : Swiss Banks Come Clean by Jack

Jack — Mon, 14 May 2012 00:51:00 +0000

Pictet
& Cie. Bank – list of crimes.

1996
—- Breach in London.

2003
— FSA — States rogues operating in Pictet’s –London

Office . Ivan Pictet said
documents were forgeries but

were lated proved to be genuine. Had
documents held

in London office destroyed.

2007
— Japan.
—- The Securities and Exchange Surveillance

issued a recommendation that the
Prime Minister and

The Commissioner of the FSA to
take disciplinary

action against Pictet Asset Management. Japan
Ltd.

2008
— Dec. —Pictet Bank state — “ we have never chosen

any funds linked to Madoff.”

2011
— Madoff Trustees sue Pictet & Cie. For $156 Million.

2011—
Bank at centre of Bribery and money laundering case.

Being sued for $350 million. ( In U.S.A.)

2012.—
Geneva Bank Pictet used in Offshore Tax Scheme.

U.S. Authority states.

Comment on The Mysterious, Disappearing Honey Bee by Panda

Panda — Tue, 24 Apr 2012 22:19:00 +0000

you freaks

Comment on CRD Analytics’ Top 1,000 Sustainable Companies: Who’s in the Top 10 and How? by C. Lee

C. Lee — Sun, 22 Apr 2012 12:39:00 +0000

Wow, I live in a town (Endicott, NY) where IBM has contaminated a large portion of it with TCE. And they are number 2.
These awards seem to be based on the companies’ own report about themselves. That is no way to give away awards. I would have had straight A’s through school if it were up to me.

Comment on For Appearance Sake: The BP Oil Spill Now by TheLongViewdotOrg

TheLongViewdotOrg — Sat, 21 Apr 2012 14:31:00 +0000

Thank you for the comment. Yes, many entities have capitalized on the tragedy of the spill, including non-profits. But typically, in economies like the one we endure presently, non-profits support has been frequently reduced, while Big Oil continues to be subsidized, and at that, to amazing heights of prosperity. It’s difficult to compare the manipulative corporate power of a BP versus that of a National Wildlife Federation whose focus is environmental care I believe.

Motivations play a large role in long term success and failure of clean up efforts.

It is true that it is a complex (and convoluted) relationship between corporations and the “causes” they support. The National Wildlife Federation is funded in part by several aggressive polluters but the organization is dedicated to saving wildlife, correct?

However, for BP, the dedication lies in advancing their economic interests. Historically, there is no reason to consider that if certain production processes would result in overall profit, BP would have the spill occur all over again (calculated risks include all losses after all). Perhaps the damage will be localized in a different part of the world – or not - but those who suffer the consequences; from local businesses to wildlfe, will scratch their heads having defended/financially supported [through our taxes] Big Oil.

Comment on How to Make Your Current Job, a Green Job by do so

do so — Mon, 16 Apr 2012 15:41:00 +0000

I think less use of paper.. or reuse of paper can save a lot of tree and hence green job.

http://medicalbillingandcodingjobs.biz

Comment on Why Did Halliburton Buy an Oil Cleanup Company 8 Days Before the Oil Spill? by thomas3

thomas3 — Fri, 13 Apr 2012 18:31:00 +0000

Sorry but the idea that BP Execs knew about the spill 13 days before it happened and decided to make some money off the disaster is really hard to believe. Sure, they may have been able to save some money by dumping or short-selling BP stock, but I believe that both BP’s earnings and stock values were back up to normal levels within a few months of the spill, so longer term there was no big loss to those who held BP stock. Also, these same BP Execs could have made (or saved) way more money for BP (and ultimately for themselves) by simply preventing the spill itself! For one thing, BP would not have had to fork over $20 billion dollars to the US Gov’t to fund all the compensation to those Americans who lost income from the spill. Then there was the multi-billion dollar drilling rig (the Deepwater Horizon) which went to the ocean floor and no doubt has to be paid for in some way by BP (to the rig owner Transocean corp). And at the time of the blow-out there were 4 high-level BP managers on the rig to hand out awards, and one of them was seriously injured in a life-threatening way. Not to mention the deaths of 11 highly trained and experienced workers, with major levels of compensation due to their families. I think that anyone in BP upper mgmt would have chosen to stop the spill (if they had foreknowledge) rather than face all of this damage to their company. At one point, many analysts were saying that this could be the end of BP. Of course it wasn’t, but what exec would want to risk that, over some relatively minor stock trading profits?

Comment on For Appearance Sake: The BP Oil Spill Now by Bayou Refugee

Bayou Refugee — Wed, 11 Apr 2012 03:07:00 +0000

Your post is accurate about BP’s public relations game and the dangers of compromised university research. But you are naiive to not recognize that non-profit corporations also have their self-interest at heart. The National Wildlife Federation and similar groups have been more than willing to use the oil spill to further their interests, expansion and their fund-raising bottom lines with little tangible benefit to local residents. Many of these national “save the coast” groups arrived late to the fight — only once they saw national attention and federal / BP money available. But university ocean / coastal / environmental scientists would not be the first in academia to sell out to big money. How many historical examples due I need to give you?

Comment on Evading Taxes Is “Unamerican” : Swiss Banks Come Clean by Jackloach

Jackloach — Thu, 05 Apr 2012 19:49:00 +0000

The
Criminal Super Class.

Bankers.

Lawyers.

Police.
April.2012.

Over approximately five years of hitting the
internet with a case that involves criminality by a major Swiss Bank
, Britain’s most prominent fraud lawyer and a regional police force
headed by one of Britains top policeman. ( Surely justice should
prevail.)

In fact the complete opposite even though the offences
committed are very serious.

Conspiring to Pervert the Course of Justice.

Perverting the Course of Justice.

Contempt of Court.—————— plus a dozen or
so smaller offences.

In the five years some 6-7million e-mails have been
forwarded to all Members of Parliaments in Britain and Switzerland,
every barrister and chambers in Europe .

Every law inforcement body in both countries , and
America. Even raised in Parliament twice.

The banking fraternity fully aware of this case still
decide to give the Private Banker of the Year Award to Ivan Pictet
— Pictet & Cie Bank. ( Him being the person most responsible
for the crimes committed by him and his bank partners. )

The legal fraternity decided that Monty Raphael of
Peters & Peters . London became an honourable Queens Counsellor
and to rub the salt in six months later made a Master of the Bench.
He also was guilty of all the above offences but so what. At this
rate he might become King by the end of the year.

The police ( West Yorkshire Police.) headed by Sir
Norman Bettison has not improved as a force on fighting crime. They
are now worse than the days of the Yorkshire Ripper , when they had
him in custody nine times and let him go. If it hadn’t been for the
South Yorkshire Police force catching the Ripper he would have still
been at large to day .

Then they wonder why the man in the street becomes angry
and decides to riot.

Even after five years of exposing their crimes on the
internet , they dare not take legal action to stop us — no
injunctions — no writs – they can’t risk going to jail.

All we can do is to continue pressing for justice and up
the pressure on the internet. For the next five years and beyond.