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More red flags from SocGen trader

Feb 21, 2008
Societe Generale managed to report a $1.3 billion profit last year -- an 82 percent drop on the year before, thanks largely to the faux pas of trader Jerome Kerviel. Stephen Beard reports more red flags tagged in his case.

Legal kidney sales to fight black market

Feb 21, 2008
The Cato Institute is petitioning for the legal sale of human kidneys as a way to snuff out the kidney black market. Nancy Marshall Genzer reports the ethical issues involved and the recommended selling process.

China cracks down on youth gaming

Feb 20, 2008
National law in China says kids under 18 aren't supposed to be in Internet cafes and that online games breed juvenile crime. Bill Marcus reports the government crackdown could hurt the cafes' business.

Germans paying for tax evasion

Feb 19, 2008
Several hundred wealthy Germans are suspected of evading taxes with the help of a bank in Lichenstein. Scott Jagow talks to reporter Brett Neely in Berlin about the scandal and the "sport" of tax evasion.

U.K. scandal prompts calls for reform

Feb 11, 2008
British Parliament member Derek Conway has been suspended for misusing public funds after he paid his son over $80,000 for work he did not do. The scandal has led to demands for transparency to fight what some consider is a tradition of corruption in Parliament. Steven Beard reports.

Mafia still has economic impact

Feb 7, 2008
U.S. and Italian police have arrested 60 people in the biggest mafia crackdown in 20 years, targeted to cut renewed ties between New York's Gambino family and Sicilian mob bosses. Ashley Milne-Tyte reports on the current state of mob activity in the U.S.

The red flags SocGen missed

Feb 4, 2008
A report out from France's finance ministry identified several flaws in SocGen's risk management and warning signals the bank should have seen. Stephen Beard tells us what signs SocGen should have spotted before the scandal.

For public good, not for profit.

Defense says SocGen trader scapegoat

Jan 28, 2008
Prosecutors of Jerome Kerviel say the Societe General trader could face fraud charges, but Kerviel's defense claims the bank used him as a way to divert attention away from subprime issues. Stephen Beard reports.

No more Filipino help for Jordan

Jan 25, 2008
The Philippines has banned its workers from going to Jordan as it deals with human rights abuses of its migrants there. Stacey Vanek-Smith reports Jordan might rely enough on Filipino workers to feel the squeeze.
A Filipino woman at work
Jay Directo/AFP/Getty Images

EU may separate from old divorce laws

Jan 17, 2008
European Union member states meet next week to discuss divorce reform. Breaking up in England is particularly hard to do. But if love's not in the air, change is. Geoff Brumfiel reports.