Jeff Gerth

In the current economic downturn, governments around the world are looking to crack down on tax loopholes—corporations have been able to take advantage of tax breaks and loopholes that add up to billions of dollars in lost tax revenue. On today’s Underreported, ProPublica senior reporter Jeff Gerth and Megan Murphy, Investment Banking Correspondent for the Financial Times, describe how corporations are saving billions and how governments are now trying to close some of these loopholes.

On this week’s Underreported, find out how GE, the world’s largest industrial company, has used a loophole to benefit from a government rescue program that's aimed at helping banks. ProPublica senior reporter Jeff Gerth explains how the loophole has helped GE get the money while avoiding many of ...