Wednesday, August 22, 2012

Soros trumps Exxon in battle over payments to foreign governments

The Hill reports:
A divided Securities and Exchange Commission (SEC) approved regulations Wednesday that will force oil and mining companies to disclose payments to foreign governments.

The 2-1 SEC vote for the rules caps a two-year, behind-the-scenes battle that pitted oil companies like Exxon against human-rights groups and their allies like George Soros and Bill Gates.
More regulation, means more control for George Soros.