Why the World Is So Bad at Tracking Dirty Money

Might As Well Give Up Why the World Is So Bad at Tracking Dirty Money Global regulations on money laundering are expensive to enforce and unfair to poor countries. Oh, and they don't work very well, either.

Today's Top Stories WHO WON THE GREEK SHOWDOWN IN EUROPE? "Complete" surrender by the Greeks. "Major victory" for the eurocrats. THE SECRET TAX LIVES OF THE RICH AND FAMOUS From Willie Nelson to Wesley Snipes, celebrities have a long history of tax trouble. In just the past year, comedian Chris Tucker, supermodel Gisele Bündchen, the lead singer of Creed, and at least one of the Real Housewives have had reported run-ins with the IRS. What's going on? U.S. BANKS HOARD $2 TRILLION OF ULTRA-SAFE BONDS What do America's banks know about the state of the U.S. economy that has them hoarding ultra-safe bonds? CADILLAC'S SWANKY NEW SEDAN MAKES AN OSCAR APPEARANCE Cadillac is stealing a page from Apple with its new advertising campaign. It's casting itself as the choice of entrepreneurs and artists, not corporate climbers - a younger, hipper, and less rule-bound slice of our socioeconomic peak. HSBC TAKES A HIT FROM TAX SCANDAL HSBC shares slumped today as the bank reported lower-than-forecast fourth-quarter profit in the midst of a tax evasion scandal.

The Care Gap This Chart Shows Why HIV Is Still Spreading in the U.S. Each year in the U.S., about 50,000 people contract HIV, the virus that causes AIDS. That rate hasn't changed much in the last decade, even though anti-retroviral therapy can effectively control the virus and dramatically lower the risk that people with HIV will transmit it.