Jim Zarroli http://kgou.org en Sending Money On An Overseas Round Trip To Avoid Taxes http://kgou.org/post/sending-money-overseas-round-trip-avoid-taxes Some investors avoid paying taxes in a move called round-tripping — sending money offshore, then investing it in U.S. stocks or bonds. A study estimates it costs the U.S. billions in lost revenues.<p>Recently, MIT professor Michelle Hanlon and two colleagues set out to find out all they could about round-tripping.<p>"I think it's a big problem in the U.S. tax system that individuals can evade taxes and that they try to do so offshore," Hanlon says. Tue, 15 Apr 2014 21:29:00 +0000 Jim Zarroli 27321 at http://kgou.org Sending Money On An Overseas Round Trip To Avoid Taxes With Proposed Mega-Merger On The Hill, Spotlight's On Consumers http://kgou.org/post/proposed-mega-merger-hill-spotlights-consumers Comcast and Time Warner executives ran into stiff opposition as they pitched their proposed merger to the Senate Judiciary Committee. The deal would give the combined company a large share of both pay TV and broadband internet service markets. In both cases, lawmakers wanted to know how consumers would be affected. Wed, 09 Apr 2014 20:08:00 +0000 Jim Zarroli 26928 at http://kgou.org New Rules Force Big Banks To Keep A Bigger Cushion http://kgou.org/post/new-rules-force-big-banks-keep-bigger-cushion Transcript <p>MELISSA BLOCK, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.<p>AUDIE CORNISH, HOST: <p>And I'm Audie Cornish.<p>Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Tue, 08 Apr 2014 20:14:00 +0000 Jim Zarroli 26838 at http://kgou.org How A Regulation Helped Ease Way For Stock Market's 'Flash Boys' http://kgou.org/post/how-regulation-helped-ease-way-stock-markets-flash-boys Transcript <p>MELISSA BLOCK, HOST: <p>This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.<p>AUDIE CORNISH, HOST: <p>And I'm Audie Cornish. In recent years, high speed computers have drastically altered the way the stock market operates. What's called high frequency trading has been getting renewed attention thanks to "Flash Boys," the latest book from Michael Lewis. In that book, he argues the changes have created a lot of new problems.<p>We're going to take a look now at why. The surge in high frequency trading has its roots in regulation passed in 2005. Mon, 07 Apr 2014 20:23:00 +0000 Jim Zarroli 26753 at http://kgou.org Traders Defend High-Speed Systems Against Charges Of Rigging http://kgou.org/post/traders-defend-high-speed-systems-against-charges-rigging The FBI and the Securities and Exchange Commission revealed this week that they're both investigating the world of high-frequency stock trading. They did so at a time when a new book on the subject, <em>Flash Boys</em> by Michael Lewis, is causing an uproar on Wall Street.<p>To read Lewis' book is to be reminded of how drastically the stock market has changed in a decade — and how opaque it remains. Lewis says this opacity serves to cover up some disturbing developments.<p>"The stock market is rigged. Wed, 02 Apr 2014 21:53:00 +0000 Jim Zarroli 26483 at http://kgou.org Traders Defend High-Speed Systems Against Charges Of Rigging American-Made, Haven-Kept? Congress Looks At Caterpillar's Tax Returns http://kgou.org/post/american-made-haven-kept-congress-looks-caterpillars-tax-returns Caterpillar executives are on Capitol Hill answering questions about the company's tax returns. Caterpillar is accused of shifting money abroad to avoid billions in taxes. Company officials say Caterpillar has followed the law. <div class="fullattribution">Copyright 2014 NPR. Tue, 01 Apr 2014 20:01:00 +0000 Jim Zarroli 26388 at http://kgou.org Russia's Energy Market Heft Leaves Neighbors Unsettled http://kgou.org/post/russias-energy-market-heft-leaves-neighbors-unsettled Transcript <p>AUDIE CORNISH, HOST: <p>The crisis in Ukraine is raising new questions about Russia's role in the energy markets. Moscow has long used exports of oil and natural gas to win political concessions from countries on its borders. Europe gets a quarter of its natural gas from Russia.<p>As NPR's Jim Zarroli reports, that's making a lot of people there nervous.<p>JIM ZARROLI, BYLINE: Russia's oil and gas supplies are a huge part of what keeps its economy going. Fri, 28 Mar 2014 21:10:00 +0000 Jim Zarroli 26153 at http://kgou.org Jury Convicts 5 Ex-Madoff Employees Of Securities Fraud http://kgou.org/post/jury-convicts-5-ex-madoff-employees-securities-fraud A federal court jury in New York found 5 of Bernard Madoff's former employees guilty of fraud. They were accused of enriching themselves by helping the imprisoned financier carry out a Ponzi scheme. Tue, 25 Mar 2014 09:06:00 +0000 Jim Zarroli 25863 at http://kgou.org Madoff Aides Found Guilty For Role In Massive Ponzi Scheme http://kgou.org/post/madoff-aides-found-guilty-role-massive-ponzi-scheme Five of Bernie Madoff's former employees were found guilty of helping him fleece investors of $17 billion. They were convicted on charges of securities fraud, conspiracy and tax evasion. Mon, 24 Mar 2014 20:33:00 +0000 Jim Zarroli 25830 at http://kgou.org Western Sanctions On Russia Are 'A Shot Across The Bow' http://kgou.org/post/western-sanctions-russia-are-shot-across-bow Russian officials were quick to mock the limited economic sanctions on Moscow announced by the U.S. and Europe this week. In response to Russia's annexation of Crimea, Western leaders have frozen the assets of a handful of government officials and also barred them from getting visas to travel to the West.<p>"So what if I can't get a visa to the United States?" one Russian official said. Wed, 19 Mar 2014 20:20:00 +0000 Jim Zarroli 25518 at http://kgou.org Western Sanctions On Russia Are 'A Shot Across The Bow'