FCC Commissioner Mignon Clyburn (who's in charge of overseeing the proposed Comcast/Time Warner merger) is receiving an award, for which Comcast and Time Warner Cable are "presenting sponsors," paying $110K and $22K respectively.
A Comcast spokesman said it was "insulting" to claim that there was anything untoward about sponsoring a worthy award, and that this in no way represented a way to throw an enormous, lavish party for a public official whose decisions could make the company's execs millions in bonuses without falling afoul of anti-bribery laws.
Comcast, Time Warner Cable Spend Big To 'Honor' FCC Commissioner Overseeing Their Merger Review
(Image: Pratham Gala at Cipriani's, John Philip Green, CC-BY; Money, 401(K) 2012, CC-BY-SA)
Since 2009, the Chicago Police Department has seized $72M worth of property from people who were not convicted of any crime, through the discredited civil forfeiture process, keeping $48M worth of the gains (the rest went to the Cook County prosecutor’s office and the Illinois State Police) in an off-the-books, unreported slush fund that it […]
Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread across America’s banks, and they spread further than that, because the system is rigged to reward financial crime.
Yesterday, Wells Fargo CEO John Stumpf announced his “early retirement” from the scandal-haunted company, with the CEO seat being filled by former COO Tim Sloan.
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From self-driving cars to stock market predicting software to the recommendations you get on Amazon and Netflix, machine learning is at the core of modern technology. You could find yourself building technology that is literally changing the world with the skills you’ll learn in The Complete Machine Learning Bundle. This bundle of 10 courses includes 406 lessons that will teach […]