More than 70 percent of large, privately owned U.S. ships are registered abroad, according to an analysis by ProPublica. The Marshall Islands is a popular corporate home for shipping firms, which, in addition to low taxes, enables these firms to skirt federal labor laws that would otherwise govern their shipping crews....
Harvard Business School’s Executive Education program...is meant to be a place for Fortune 500 senior managers and Wall Street bosses to sharpen their financial skills. According to its website, it offers courses — costing up to $80,000 for seven weeks of instruction — intended to, for instance, help executives assess “the competitive forces that distinguish highly profitable industries” and take “strategic actions today that will position your firm for competitive advantage tomorrow.”
https://theintercept.com/2018/02/05/mitch-mcconnell-elaine-chao-offshore-paradise-papers/
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ELAINE CHAO, DONALD Trump’s nominee to lead the Department of Transportation, is in line to receive a “golden parachute” from Wells Fargo & Company worth between $1 million and $5 million dollars. “These golden parachutes for taking government positions are either a massively corrupting incentive structure — effectively a backdoor bribe to incoming government officials — or an abject waste of shareholder resources,” says Kurt Walters, campaign director for Demand Progress....
Goldman Sachs, Morgan Stanley, and Northrop Grumman are among the other firms that have offered special financial rewards to executives who leave to enter government. https://theintercept.com/2017/01/17/chao-trump-wellsfargo/
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3) But after signing off on (Commerce Sec. Wilbur) Ross’s ethics agreement and failing to step in for months as Ross appeared to involve himself in transoceanic shipping matters he was supposed to recuse himself from, Maggi then got a promotion. “The commerce secretary is behaving in a way that’s a prima facie conflict of interest,” said Hauser. “The designated ethics official should rein him in. He hasn’t, and he owes his job to Ross.”
During his confirmation hearings, Ross promised “to be quite scrupulous about recusal and any topic where there is the slightest scintilla of doubt.” He was asked about his investment in Diamond S Shipping, specifically its business dealings with China. Ross refused under questioning from Sen. Maria Cantwell, D-Wash., to recuse himself from broader agency functions like oil spill monitoring, instead agreeing to “rely on the monitoring and judgment of the Department’s ethics officials to ensure that I do not participate in any matter about which they advise me that a conflict of interest would arise.”
This is a familiar move for Ross, deferring to ethics officials to sanction his conduct; he said the same thing to Forbes. In this case, it puts the onus on an ethics official who Ross promoted and could remove at his discretion. https://theintercept.com/2017/11/08/wilbur-ross-paradise-papers-trump-russia/
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4) Author
Peter Schweizer cites instances and principles involved in 3 of his books:
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-P. Schweizer: Clinton Cash, 2016, ch. 1; see https://books.google.com/books?id=Yk1cDAAAQBAJ&printsec=frontcover&dq=schweizer+peter&hl=en&sa=X&ved=0ahUKEwiqtfjN1OraAhVExGMKHc4WADQQ6AEIRjAF#v=onepage&q=schweizer%20peter&f=false
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-P. Schweizer: Extortion, 1913, chapter 1; see https://books.google.com/books?id=Je1bAQAAQBAJ&printsec=frontcover&dq=schweizer+peter&hl=en&sa=X&ved=0ahUKEwja4Ya91uraAhUC5mMKHdXmDF0Q6AEIOzAD#v=onepage&q=schweizer%20peter&f=false
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6)
-Peter Schweizer's new book; Secret Empires concerns American political class hiding their massive corruption; see
4) Author
Peter Schweizer cites instances and principles involved in 3 of his books:
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6)
-Peter Schweizer's new book; Secret Empires concerns American political class hiding their massive corruption; see
https://books.google.com/books?id=0sMuDwAAQBAJ&printsec=frontcover&dq=schweizer+secret+empires&hl=en&sa=X&ved=0ahUKEwj-jrGCyuraAhVK3mMKHR1_DfYQ6AEIKTAA#v=onepage&q=schweizer%20secret%20empires&f=false
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