GlaxoSmithKline agreed last month to pay a $3 billion fine for illegally marketing drugs and bribing doctors. More than $150 million of this is expected to be paid to four former GSK executives who shopped the company to US regulators. If that sounds positively medieval, it’s because it is. In 13th century England, citizens were encouraged to take legal action on behalf of the establishment in return for a cut of any fines. The procedure was adopted in the US during the American Civil War in an attempt to curb corruption by suppliers of mangy mules and rotten rations to the Union Army. In Britain, the system was effectively ended in the 1950s. In the US it is estimated to have helped recover more than $27 billion in taxpayers’ money over the last 25 years.

David Wighton looks at the benefits of allowing whistleblowers to take a cut of corporate fines

In Putin’s Russia, where the Government is run more like an organised crime syndicate than a functioning state, no inquiries are made about politically reliable billionaires and how they make their money. Sleaze is the norm. But Britain has the rule of law, not to mention a moral, political and financial obligation to its citizens to block the import of corruption. Will any Russians bearing billions be investigated?

Sneak Peek: Alexey Navalny, the Russian blogger and political activist, tells us Brits not to be so blasé about the unending influx of Russian billionaires to London.

Keith Minogue reflects on our changing attitude towards cheating and corruption in Standpoint

Sheila Weller looks back at San Francisco’s 1967 “Summer of Love” in Vanity Fair

In The American Prospect, Monica Potts travels to Kentucky to report on life in Owsley County, one of the poorest places in the US

Jeevan Vasagar in The Guardian on the trend of redeveloping public spaces as privately-owned estates

Compiled by @TomasRuta

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