Share to Twitter Share to Linkedin Marc Rich, the legendary commodities trader, fled the United States for Europe in 1983 after being indicted for trading Iranian oil during the 1979 hostage crisis and evading $50 million in taxes. From Switzerland, Rich continued to operate Marc Rich & Co. until selling the trading house to his protégés in 1994. By the time President Bill Clinton pardoned Rich on his last day in office in 2001, the company had been renamed Glencore International. Rich died in 2013, age 79, a billionaire and a free man—an example that Glencore’s next generation of fat cats now seek to follow. Including Rich (and his longtime right hand Pincus Green, now retired with an estimated $900 million) the company has birthed at least nine billion-dollar fortunes. The richest of the Glencore gang is former CEO Ivan Glasenberg, at $8.9 billion, according to the Forbes Real-Time Billionaire rankings. Others include Daniel Maté, 58, a metals trader … [Read more...] about Bribery Scandal To Cost Glencore $1.1 Billion, While Billionaire Execs Avoid Blame—For Now
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America’s biggest gun lobby to hold major gathering in shadow of mass shootings
- A + A HOUSTON (May 27): America's biggest gun lobby, the National Rifle Association, pressed ahead with preparations for its annual gathering starting on Friday in Houston, just 280 miles (450 km) from the scene of the country's worst school shooting in a decade. An 18-year-old gunman armed with a semi-automatic rifle that he was legally able to purchase stormed an elementary school in Uvalde, Texas, on Tuesday, killing 19 children and two teachers in a hail of bullets. The NRA gathering takes place this year in the shadow of not one but two gun-driven massacres in recent days. An avowed white supremacist who was also armed with a semi-automatic rifle shot and killed 10 Black people at a supermarket in Buffalo, New York, earlier this month. In a country where gun rights are enshrined in the Constitution and gun sales in the millions are surging, the NRA is likely to shrug off new calls for more gun control measures despite the latest shootings. The Republican … [Read more...] about America’s biggest gun lobby to hold major gathering in shadow of mass shootings
We Reported On Leaked Docs About China’s Genocide. The Chinese Embassy Sent Us An Eye-Opening Response
The Chinese Embassy attempted to spin their concentration camps and genocide of Uyghurs and other ethnic minorities as progress after The Daily Caller News Foundation reported on hacked Xinjiang police files Wednesday. “The issue Xinjiang faces is not about ethnicity, religion or human rights,” Liu Pengyu, spokesperson for the Chinese Embassy, told TheDCNF. “Rather, it is about fighting violence, terrorism and separatism.” TheDCNF received an over 600-word email response from Liu after sending the Chinese Embassy questions related to the recently hacked documents found within Xinjiang police network computers obtained by Dr. Adrian Zenz , senior research fellow at the Victims of Communism Memorial Foundation. Without directly addressing China’s concentration camps, Liu defended China’s practices, saying that “[t]he people of Xinjiang have been working hard together and have achieved a historic transformation.” “Thanks to the preventive counter-terrorism and de-radicalization … [Read more...] about We Reported On Leaked Docs About China’s Genocide. The Chinese Embassy Sent Us An Eye-Opening Response