Ten years ago, Nevada enacted some of America's loosest disclosure and liability laws for corporations, in a bid to spur the state economy. It protected corporate officers and directors from liability for breaches of duty, bad faith and self-dealing - acts that can be the basis of lawsuits in other states.
Today, the business of registering companies in Nevada, many of them shells, is booming.
Nevada has emerged as the state with the second-largest number of corporate entities registered per capita, after longtime leader Delaware. The state's business-filings unit generated revenue of $108 million in fiscal 2010, up from $43 million in 2002.
Nevada's big bet: secret shell companies
Jewelry industry to self-regulate on toxic cadmium in children's trinkets
The rules join a patchwork of mandatory limits that already deter use of the heavy metal, which over time can cause cancer and other diseases, though there have been no documented deaths or serious injuries. While the voluntary standards don't trump stricter limits from states and legal settlements, they do create a consensus national standard that jewelry manufacturers and importers endorse.
Wall Street protesters cuffed, pepper-sprayed during 'inequality' march
Scores of protesters were arrested in Manhattan Saturday as a march against social inequality turned violent.
Hundreds of people carrying banners and chanting "shame, shame" walked between Zuccotti Park, near Wall St., and Union Square calling for changes to a financial system they say unjustly benefits the rich and harms the poor.
U.S. Sold Bunker Busters To Israel
Two years ago, the Obama Administration secretly authorized the sale of 55 deep-penetrating bombs — or bunker busters — to Israel. That's according to an investigation by Newsweek magazine. The bombs could potentially be used in Israeli attack on Iranian nuclear sites. Weekends on All Things Considered host Guy Raz talks with Eli Lake, the reporter who broke the story.
Newsweek is set to publish a piece on Monday that back in 2009, the Obama administration secretly provided Israel with 55-deep penetrating bombs, so-called bunker busters. And there's some speculation that those bombs could be used in the event Israel decides to launch a military strike against suspected Iranian nuclear development sites.
British soldiers in Afghanistan shown 'war snuff movies'
Disturbing footage of Apache attack helicopters killing people in Afghanistan is being shown to frontline British soldiers in "Kill TV nights" designed to boost morale, a television documentary will reveal.
The discovery of the practice comes in the wake of the damning verdict of the Baha Mousa inquiry into the conduct of some in the military. It casts fresh questions over the conduct of soldiers deployed abroad and has provoked a furious response from peace campaigners.
Is natural gas 'fracking' responsible for the recent earthquake swarms in strange locations?
The natural gas industry and its advocates claim that hydraulic fracturing, the modern technique for extracting natural gas, also known as "fracking," is beneficial to the interests of American energy independence.
However, a simple report recently issued by KARK 4 News in Little Rock, Ark., suggests that fracking operations, which involve pumping large amounts of water and chemicals deep underground, may be responsible for triggering the mysterious earthquakes that have been striking in unusual locations across the nation in recent months.
What if the Tea Party Occupied Wall Street? Corporate media skip anti-corporate protests
In an action called Occupy Wall Street, thousands of activists took to the streets of Lower Manhattan on September 17. The protests are continuing, with demonstrators camped out on the Financial District's Liberty Street in support of U.S. democratization and against corporate domination of politics.
But you wouldn't know much about any of this from the corporate media--outlets that seem much more interested in protests of the Tea Party variety.
9-11 Cop Breaks Silence
The New Jersey police officer responsible for capturing five Israelis who filmed and celebrated while the World Trade Center towers burned has broken his silence, agreeing to a Sept. 16 exclusive interview with AMERICAN FREE PRESS.
As AFP readers are no doubt aware, these are the same Israelis who were working under the direction of Urban Moving Systems, a Mossad front company at the center of Israeli involvement in the Sept. 11 attacks.
All five of the Israeli spies refused to exit their vehicle, so DeCarlo was forced to get physical.
War On Terror Or War On Freedom?
“‘The number of people worldwide who are killed by Muslim-type terrorists, Al Qaeda wannabes, is maybe a few hundred outside of war zones. It’s basically the same number of people who die drowning in the bathtub each year,’ said John Mueller, an Ohio State University professor who has written extensively about the balance between threat and expenditures in fighting terrorism.”
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