ACC Archives

Tag: corruption
A Case Study in Crony Capitalism

Billion dollar deals, a powerful investment bank, government officials, bribery, money laundering, extraditions, implausible denials of wrongdoing by top executives – what else could you ask for in a story about crony capitalism?

Good Deal Gone Bad in Nigeria

An agreement between the Nigerian government and British-based Process and Industrial Developments Limited (P&ID) to build a natural gas processing plant off the coast of Nigeria seemed like the perfect deal. The plant would be profitable for both P&ID and...

GM proposes electric car mandate

This is a key issue that is lost on a significant number of Americans. Business and government aren’t opposing forces. It’s not business versus regulators. More often than not it is businesses working WITH regulators. It is to the...