Joseph Dear, who as chief investment officer of the California Public Employees’ Retirement System rebuilt the biggest U.S. public pension after a $96 billion loss, died yesterday in Sacramento. He was 62.
Wall Street hiring in Asia is coming under increasing scrutiny in the wake of a U.S. criminal investigation into whether JPMorgan Chase & Co. employed children of China’s elite in violation of anti-bribery laws.
Turkey’s parliament approved a bill giving Prime Minister Recep Tayyip Erdogan’s government broader powers to block access to websites, as wiretaps allegedly documenting official corruption were being shared on the Internet.
Chinese authorities are stepping up a crackdown on corruption, including confiscating the passports of some local leaders, in moves that underscore President Xi Jinping’s determination to root out graft.
Prime Minister Mario Monti won a confidence vote in the Senate today on an anti-graft bill as he seeks to hit back against corruption with the country hobbled by the biggest wave of political scandals in two decades.
Ernst Strasser, a former interior minister who was filmed offering to influence legislation for money, faces a retrial after Austria’s highest court overturned his jail sentence for corruption and influence peddling.
Testifying before Senate committees in 2003 and 2006, Newt Gingrich commanded attention as a former House speaker. He used the opportunities to share his vision of the future of health care -- and to mention a few clients.
Taiwan’s parliament speaker challenged his expulsion from the ruling party over influence- peddling claims, complicating President Ma Ying-jeou’s bid to focus attention on policy after a series of scandals.
Taiwan’s governing Kuomintang Party removed the speaker of parliament over influence-peddling allegations, as President Ma Ying-jeou seeks to refocus attention on his policy agenda after a series of scandals.