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posted by mrpg on Tuesday July 17 2018, @12:12PM   Printer-friendly
from the here-we-go-again dept.

Arthur T Knackerbracket has found the following story:

Former staff from scandal-hit Cambridge Analytica (CA) have set up another data analysis company.

Auspex International will be "ethically based" and offer "boutique geopolitical consultancy" services, according to its website.

CA was shut down by its parent company, SCL Elections, which itself faces criminal charges over failure to supply data when requested.

Auspex will work in the Middle East and Africa initially.

The company was set up by Ahmed Al-Khatib, a former director of Emerdata, which was also created in the wake of the Cambridge Analytica scandal to continue the work it was doing.

In a press release announcing the new company, he says CA's collapse was a "bitter disappointment" to him.

-- submitted from IRC


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  • (Score: 2) by MichaelDavidCrawford on Tuesday July 17 2018, @02:58PM (3 children)

    by MichaelDavidCrawford (2339) Subscriber Badge <mdcrawford@gmail.com> on Tuesday July 17 2018, @02:58PM (#708347) Homepage Journal

    I am absolutely serious.

    This often puts US firms to a disadvantage relative to companies from countries where it's legal to bribe.

    At least at one time this law was strictly enforced. I haven't heard anything about it under the Trump administration.

    --
    Yes I Have No Bananas. [gofundme.com]
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 3, Informative) by Phoenix666 on Tuesday July 17 2018, @05:01PM (2 children)

    by Phoenix666 (552) on Tuesday July 17 2018, @05:01PM (#708414) Journal

    It is, yes, but US companies simply use go-betweens like UnaOil [theage.com.au] to do it for them. They use other firms like Mossack Fonseca [wikipedia.org] to launder the proceeds and evade sanctions and that sort of thing.

    It has been shown that all that is an unnecessary bit of work, because companies doing business in the United States have been caught red-handed doing really bad stuff and have suffered no real consequences, such as HSBC laundering drug money for the Mexican and Columbian Cartels [reuters.com].

    Because of all those crimes there ought to be a corporate death penalty and nullification of personal indemnity for officers of those corporations who ordered those actions.

    --
    Washington DC delenda est.
    • (Score: 2) by MichaelDavidCrawford on Tuesday July 17 2018, @05:09PM

      by MichaelDavidCrawford (2339) Subscriber Badge <mdcrawford@gmail.com> on Tuesday July 17 2018, @05:09PM (#708419) Homepage Journal

      The legal Term Of Art for that is "piercing the corporate veil".

      There are certain unlawful acts for which a corporation's fiduciaries can be held libel if they don't fulfill their fiduciary duties to ensure the corporation obeys certain laws.

      Failure to file taxes is one such; the corporations officers and directors can be forced to pay the taxes owed by the corporation. I don't recall what other offenses lead the corporate veil to be pierced.

      Putting millions of people out of work as a result of your company's "investment" in subprime mortgage-backed securities is unfortunately not one of them.

      I'll write my congress critters about that this weekend.

      --
      Yes I Have No Bananas. [gofundme.com]
    • (Score: 2) by cubancigar11 on Saturday July 21 2018, @03:16AM

      by cubancigar11 (330) on Saturday July 21 2018, @03:16AM (#710237) Homepage Journal

      Just to make sure you understand who actually made"bribery" normal and acceptable, here is a read: https://www.thehindu.com/opinion/open-page/how-our-british-rulers-legalised-bribery/article2442485.ece [thehindu.com]

      The "westerners" went around punishing honest "subjects" and over hundreds of years purposefully established a corrupt system that only serves the people at top. This should also give you some context on exactly what is going on in USA today.