Part 3 of our series on chronic under-regulation examines the long-term failure to make the SEC equal to the task of policing an ever-more-powerful financial sector.
A simple rule meant to cut paperwork for U.S. companies has grown into one of the biggest multinational tax breaks around, costing the United States and other governments billions of dollars in lost taxes each year.
A refreshing departure from the standard "he said, she said" model that assesses whether any evidence supports a new corporate tax holiday proposal. Reporter serves readers by standing outside the framework of corporate talking points, providing historical perspective.