Corporate Corruption Media ArticlesExcerpts of Key Corporate Corruption Media Articles in Major Media
Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
The oil and gas industry ... must be prepared to employ tactics like digging up embarrassing tidbits about environmentalists and liberal celebrities, a veteran Washington political consultant told a room full of industry executives in a speech that was secretly recorded. The blunt advice from Richard Berman, the founder and chief executive of the Washington-based Berman & Company consulting firm, came as Mr. Berman solicited up to $3 million from oil and gas industry executives to finance an advertising and public relations campaign called Big Green Radicals. Executives ... must be willing to exploit emotions like fear, greed and anger and turn them against the environmental groups. And major corporations secretly financing such a campaign should not worry about offending the general public. “Think of this as an endless war,” Mr. Berman told the crowd ... whose members include Devon Energy, Halliburton and Anadarko Petroleum, which specialize in extracting oil and gas through hydraulic fracturing, also known as fracking. “I get up every morning and I try to figure out how to screw with the labor unions,” Mr. Berman said in his speech. “People always ask: "How do I know that I won’t be found out as a supporter of what you’re doing?" Mr. Berman told the crowd, “We run all of this stuff through nonprofit organizations that are insulated from having to disclose donors. There is total anonymity. People don’t know who supports us.”
Within hours of Superstorm Sandy slamming the East Coast two years ago, Americans opened their wallets to help — donating millions to the first charity that came to mind: the American Red Cross. In the months after the disaster, the Red Cross touted its success in delivering food, clothes and shelter to tens of thousands of people left homeless by the storm. The venerable charity's track record in dealing with the megastorm is now being challenged. Multiple internal documents obtained by NPR and ProPublica along with interviews with top Red Cross officials ... depict an organization so consumed with public relations that it hindered the charity's ability to provide disaster services. Among NPR and ProPublica's findings: The Red Cross national headquarters in Washington "diverted assets for public relations purposes." A former Red Cross official managing the Sandy effort says 40 percent of available trucks were assigned to serve as backdrops for news conferences. Distribution of relief was "politically driven instead of [Red Cross] planned." Relief organizers were ordered to produce 200,000 additional meals one day — to drive up numbers. They did it at extraordinary cost, even though there was no one to deliver them to and most went to waste. It wasn't just Sandy. When Isaac hit Mississippi and Louisiana earlier in 2012 ... one Red Cross official had 80 trucks drive around empty or largely empty "just to be seen," as one of the drivers recalls.
Note: The above story follows up on this Salon/ProPublica article, where the Red Cross called its spending habits a "trade secret". For more along these lines, see concise summaries of deeply revealing stories about corporate corruption from reliable sources.
Attorneys general are now the object of aggressive pursuit by lobbyists and lawyers who use ... lavish corporate-sponsored conferences and other means to push them to drop investigations, change policies, negotiate favorable settlements or pressure federal regulators, an investigation by The New York Times has found. A robust industry of lobbyists and lawyers has blossomed as attorneys general have joined to conduct multistate investigations. But unlike the lobbying rules covering other elected officials, there are few revolving-door restrictions or disclosure requirements governing state attorneys general. The routine lobbying and deal-making occur largely out of view. “The current and increasing level of the lobbying of attorneys general creates, at the minimum, the appearance of undue influence,” said James E. Tierney, a former attorney general of Maine. “It is undermining the credibility of the office of attorney general.” Giant energy producers and service companies ... have retained their own teams of attorney general specialists, including Andrew P. Miller, a former attorney general of Virginia. “An attorney general is entrusted with the power to decide which lawsuits to file and how to settle them, and they have great discretion in their work,” said Anthony Johnstone, a former assistant attorney general in Montana. “It’s vitally important that people can trust that those judgements are not subject to undue influence because of outside forces. And from what I have seen ... those forces have intensified.”
Note: For more along these lines, see these concise summaries of deeply revealing government corruption news articles from reliable sources.
At the Justice Department, senior officials like to congratulate themselves on the headline-making, big bucks settlements they have imposed upon banks and lenders. Those settlement figures are not quite what they seem, because settlements can be deducted from tax liabilities. For nearly every dollar a bank or lender has pledged to pay ... up to 35 cents will find its way back into bank coffers. Under Attorney General Eric Holder, whose agency has not prosecuted a single major bank or executive in the aftermath of the 2008 meltdown, the Justice Department has [allowed] windfall tax deductions [to be] set against the civil settlements imposed. [These may] total more than $44 billion. Astonishingly, for an economic crisis estimated to have cost the U.S. economy anywhere from $6 trillion to $14 trillion in lost output and value —if not twice that, according to a September 2013 study by the Dallas Federal Reserve bank— tracking the settlements and the deductions against taxes via government websites is almost impossible. There’s [a] self-serving reason for the Justice Department to hike civil settlement payments while allowing for most of the sum to be tax-deductible. The agency receives a cut of up to 3 percent of its share of the total settlements for its Working Capital Fund, a slush fund common across major government agencies. The Justice Department’s slush fund ... signals an institutional interest in getting big numbers.
In June 2011, (WikiLeaks’ founder) Julian Assange received an unusual visitor: the chairman of Google, Eric Schmidt. The stated reason for the visit was a book. Schmidt was penning a treatise with Jared Cohen, the director of Google Ideas. Cohen had moved to Google from the U.S. State Department. Schmidt arrived first, accompanied by his then partner, Lisa Shields ... a vice president of the Council on Foreign Relations. Two months later, WikiLeaks’ release of State Department cables was coming to an abrupt end. Two years later, in the wake of his early 2013 visits to China, North Korea and Burma, it would come to be appreciated that the chairman of Google might be conducting, in one way or another, “back-channel diplomacy” for Washington. In 1999 ... Schmidt joined the New America Foundation. The foundation and its 100 staff serve as an influence mill, using its network of approved national security, foreign policy and technology pundits to place hundreds of articles and op-eds per year. In 2003, the U.S. National Security Agency (NSA) had already started systematically violating the Foreign Intelligence Surveillance Act (FISA). During the same period, Google ... was accepting NSA money to the tune of $2 million to provide the agency with search tools. In 2012, Google arrived on the list of top-spending Washington, D.C., lobbyists. Whether it is being just a company or “more than just a company,” Google’s geopolitical aspirations are firmly enmeshed within the foreign-policy agenda of the world’s largest superpower.
Note: Read the complete Newsweek article summarized above for Julian Assange's detailed accounting of the connections between Washington D.C. insiders, Google and related technology companies, intelligence agencies, and civil society organizations. For more about Wikileaks, read this news article summary. For more on the geopolitical big picture, see these concise summaries of deeply revealing news articles from reliable major media sources.
Breast cancer giant Susan G. Komen has found its strangest bedfellow yet in one of the world’s largest oilfield services corporations, Baker Hughes. The two have teamed up for a second year to distribute 1,000 pink drill bits to oil fields worldwide. This is just the latest example of “pinkwashing” – when a company or organization claims to care about breast cancer by promoting a pink-ribbon product but at the same time manufactures or sells products that are linked to the disease. Pinkwashing has become a central component of the breast cancer industry: a web of relationships and financial arrangements between corporations that cause cancer, companies making billions off diagnosis and treatment, nonprofits seeking to support patients or even to cure cancer, and public relations agencies that divert attention from the root causes of disease. The partnership with fracking company Baker Hughes is among the worst examples of Komen’s pinkwashing so far. More than 700 chemicals are used in the process of drilling and fracking for oil and gas. In a study of about 350 of those chemicals, researchers found that up to half can cause health problems, including nervous, immune and cardiovascular symptoms. More than one-third can disrupt the hormone system. And a quarter of the chemicals, such as benzene and formaldehyde, increase the risk of cancer. Baker Hughes is doing more to cause breast cancer than to cure it. And Komen, with its poisonous partnerships, is giving Baker Hughes — and many other companies — the perfect pink disguise.
Note: For more along these lines, read this Los Angeles Times article about how fracking introduces carcinogens into drinking water, and see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
The European Commission on Tuesday fined four major financial institutions 93.9 million euros, or about $120 million, over two types of activity that it deemed as cartel behavior. In one case, the European Commission fined JPMorgan Chase €61.7 million euros for manipulating the Swiss franc Libor benchmark interest rate in an “illegal bilateral cartel” with the Royal Bank of Scotland. Interest-rate derivatives – such as forward rate agreements, swaps, futures and options – are financial products intended to help manage interest-rate fluctuations. In December 2013, the European Union fined several global financial institutions a combined €1.7 billion to settle charges that they colluded to fix benchmark interest rates. Regulators accused R.B.S. and JPMorgan of trying to distort the process used to price interest rate derivatives. In a separate settlement also announced on Tuesday, the European Commission said R.B.S., UBS, JPMorgan and Credit Suisse, operated a cartel on bid-ask spreads of Swiss franc interest-rate derivatives, imposing fines worth a total of €32.4 million. from May to September 2007, R.B.S., UBS, JPMorgan and Credit Suisse agreed to quote to clients wider, fixed bid-ask spreads on certain categories of franc interest-rate derivatives. The banks maintained narrower spreads for trades among themselves. The aim was to lower the banks’ transaction costs and continue the flow of trades between themselves while preventing others from participating on the same terms in the franc derivatives market. Global financial institutions have paid more than $6 billion in fines over manipulating benchmark rates.
Note: For more along these lines, see the excellent, reliable resources provided in our Banking Corruption Information Center.
David Bronner, CEO of Dr. Bronner's Magic Soaps, presides over a company with famously wacky product labels. But Bronner himself, grandson of the founder ... has emerged as a serious, though fun-loving, activist, particularly around pesticides and genetically modified crops. Bronner's writing on GMOs is too hot for the advertising pages of the English-speaking world's two most renowned science journals, Science and Nature - even though a slew of magazines ... accepted the Bronner ad. It consists of a short essay, known in publishing as an advertorial, [and] focuses on how GMO crops have led to a net increase in pesticide use in the United States, citing an analysis by Ramon Seidler, a retired senior staff scientist at the Environmental Protection Agency. Bronner ... first published his critique on Huffington Post, and then decided to publish it as an ad in a variety of high-profile magazines. Science was close to accepting it. An ad sales manager for the American Association for the Advancement of Science, which published the magazine, emailed on September 15 that she would send over paper work "in a bit," adding that "[a]fter you sign it, I can take your credit card info." The price: $9,911.00. But hours later, she wrote back, squashing the deal: "This has gone up the ladder quite far and our CEO along with the board have come back saying that we cannot accept the ad. We're concerned about backlash from our members and potentially getting into a battle with the GMO industry."
Note: See the original ad at this link. For more along these lines, see concise summaries of deeply revealing news articles on media manipulation and the GMO controversy from reliable major media sources.
Citizens United v. Federal Election Commission in 2010 tossed aside decades of legislative restrictions, freeing corporations and unions to spend as much as they wished. Six months ago, the Supreme Court took its Citizens United decision further. In McCutcheon v. Federal Election Commission, it struck down long standing caps on what an individual may contribute to all federal candidates, collectively, in any two-year election cycle. With conservative justices dominant, the court expanded the concept that money is equivalent to speech, protected by the First Amendment. Corporations, it said, enjoy the same political rights as individuals. A study by the Sunlight Foundation, an advocate for government transparency, found that 31,385 people — that is 1 percent of 1 percent of the United States population — accounted for 28 percent of all disclosed contributions in the 2012 elections. This year, an analysis by The New York Times shows, more than half of broadcast advertising in the midterm elections has been paid for by groups that reveal little or nothing about their donors. Overwhelmingly, the main beneficiaries have been conservative organizations.
Note: For more along these lines, see concise summaries of deeply revealing election news articles from reliable major media sources. For more along these lines, see the excellent, reliable resources provided in our Elections Information Center.
Would you cram a dog into a crate for her entire life, never letting her out, until you took her to the pound to kill her? Of course you wouldn’t, and yet that’s effectively what happens to most mother pigs in this country. They spend their lives in what are called gestation crates ... immobilized in these crates until they are taken to the slaughterhouse. Pigs are smart. They learn rudimentary video games as quickly as chimpanzees. When abnormally enclosed, their muscles and bones waste away, and they go insane from boredom. Fortunately, we’re seeing changes. We’re seeing policies to get rid of these crates from the likes of McDonald’s, Burger King and Smithfield Foods. We’ve also seen bills or initiatives passed in nine states that require that all pigs be given at least enough space to turn around. It’s a modest improvement, but the pork producers are fighting it. These laws are bipartisan. A poll conducted last month by Mason-Dixon Polling and Research found that 93 percent of New Jersey voters wanted to see these crates banned. A year ago, Gov. Chris Christie vetoed a ... bill (to ban gestation crates) that had passed the Assembly and Senate by huge bipartisan majorities.
Note: For more along these lines, see this excerpt of a deeply revealing ABC News article about standardized animal cruelty in chicken farming.
Did you know that when you buy an airline ticket and make other travel reservations, the federal government keeps a record of the details in a file called Passenger Name Record or PNR? If airlines don’t comply, they can’t fly in the U.S., explains Ed Hasbrouck, a privacy expert with the Identity Project who has studied the records for years and is considered the nation’s top expert. Before each trip, the system creates a travel score for you, generated by your PNR. Before an airline can issue you a boarding pass, the system must approve your passage, Hasbrouck explains. That’s one way people on the No Fly List are targeted. The idea behind extensive use of PNRs, he says, is not necessarily to watch known suspects but to find new ones. Want to appeal the process? “It’s a secret administrative process based on the score you don’t know, based on files you haven’t seen,” Hasbrouck says. The program collects seemingly trivial details. If you have an argument with an airline gate agent and that agent enters a notation ... that record stays in your PNR. “The U.S. government is getting the data and sharing it in ways we don’t fully know about with other governments,” Hasbrouck says. The information collected by the airlines is shared with third-party data companies who store it. Where? In the cloud. Make you feel safer? In Canada and the European Union, the collection of this information spurred public debate. But not here.
Note: Read this excellent article for lots more details on how the government spies on your travels. For more along these lines, see concise summaries of deeply revealing civil liberties news articles from reliable sources.
Did anyone ever doubt that the New York Fed was in hock to Wall Street? Or that Fed bank examiners ... might fear alienating the powerful financiers on whom they depend for information or future jobs? It’s one thing to know and another to hear in painful, crackling detail how the Fed’s financial cops slip on their velvet gloves to deal with Goldman Sachs. Or how Segarra, one of a group of examiners brought in after the financial crisis to keep a closer watch on the till, was fired, perhaps for doing her job. Consider one of the shady deals highlighted on the secret tapes of New York Fed meetings, which Segarra made with a spy recorder before she was let go and which were made public on Sept. 26. The Fed employees, who work inside the banks they examine (yes, it’s literally an inside job), knew the deal was dodgy. Numerous experts believe that the size of the financial sector is slowing growth in the real economy by sucking the monetary oxygen out of the room. Banks don’t want to lend; they want to trade, often via esoteric deals that do almost nothing for anyone outside Wall Street. This disconnect between the real economy and finance is now being closely studied by policymakers and academics. Adair Turner, a former British banking regulator, thinks that only about 15% of U.K. financial flows go to the real economy; the rest stay within the financial system, propping up existing corporate assets, supporting trading and enabling $40 million briefcase-watching fees. If the New York Fed really wants to redeem itself, it might consider commissioning a similar study to look at Wall Street’s contribution to the U.S. economy.
Note: For more along these lines, see concise summaries of deeply revealing financial news articles from reliable major media sources. For more along these lines, see the excellent, reliable resources provided in our Banking Corruption Information Center.
Zipping cross-country in a super-high speed train has become commonplace in many countries these days, but it was unheard of when Japan launched its bullet train between Tokyo and Osaka 50 years ago Wednesday. The Shinkansen, as it's called in Japan, gave a boost to train travel in Europe and Asia at a time when the rise of the automobile and the airplane threatened to eclipse it. The first bullet train, with its almost cute bulbous round nose, traveled from Tokyo to Osaka in four hours, shaving two and a half hours off the 513-kilometer (319-mile) journey. The latest model, with a space-age-like elongated nose, takes just two hours and 25 minutes. The first Shinkansen had a maximum speed of 210 kilometers (130 miles) per hour. The fastest trains previously, in Europe, could reach 160 kph. Today's bullet trains, in Japan and elsewhere, have reached and in some cases exceeded 300 kph (186 mph). By average speed, China has the fastest train in the world, averaging 284 kph. Turkey last year became the ninth country to operate a train at an average speed of 200 kph. South Korea and Taiwan also operate high-speed systems in Asia. The fastest train in the U.S., Amtrak's Acela Express, averages 169 kph (105 mph) on a short stretch between Baltimore and Wilmington, Delaware. Shanghai launched a German-built maglev train in 2004 on a 30-kilometer route between the city and the airport. It can hit 430 kph (267 mph). A Japanese maglev train in development has topped 500 kph (310 mph) in tests.
Note: Gas and oil interests have lobbied hard to keep Americans wedded to their cars and stop the development of high-speed trains. For more on this, see this excellent article and concise summaries of deeply revealing news articles on suppressed energy inventions from reliable major media sources.
Monsanto is donating $4.7 million to the campaign to oppose GMO labeling in Colorado. The St. Louis-based agriculture company is a primary producer of genetically modified seeds. The No on 105 committee has raised almost $10 million through Sept. 24, with Pepsico and Kraft Foods also giving more than $1 million each. The group begins running TV ads against the initiative this week. Meanwhile, the supporters of the labeling initiative, Right to Know GMO, have raised about $323,000, including almost $120,000 in the most recent two weeks. That groups top donors are Food Democracy Action at $140,000 total and Dr. Bronner’s Magic Soaps at $25,000.
Note: In every election where GMO labeling was on the ballot, big industry has poured in many times more money that those in favor of disclosure. This is a very good example of how in the US, it is much more a democracy of every dollar gets one vote rather than every person gets one vote. For more on this, see concise summaries of deeply revealing GMO news articles from reliable major media sources.
Helen Davis Chaitman, the lead attorney for Madoff’s victims and the author of The Law of Lender Liability, and Lance Gotthoffer, one of our nation’s premier litigators, are blowing the whistle on JPMorgan Chase big time. Their explosive ... book [is titled], “JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook.” This book is ... about the incestuous relationship between so-called U.S. federal prosecutors, politicians for whom they worked, and the flow of Wall Street money to those politicians. JPMC knew, for 20 years, that Madoff was conducting illegal transactions in his account at the Bank. JPMC had a unique window into Madoff’s crimes. And they said nothing to federal authorities ... in clear violation of our banking laws. In 1994 a JPMC officer wrote a memo analyzing the check kiting and calling it “outrageous.” But what he thought was outrageous was not that Madoff [was] violating the law, but that [he was] being paid interest by the Bank on uncleared funds. As a result, JPMC allowed the transactions to continue but required Levy and Madoff to pay back the interest the Bank had paid them on uncleared funds. In January 2014, JPMC paid over $3 billion to settle civil and criminal charges that it violated the law in its dealings with Madoff. They [had] waited until after Madoff confessed and was arrested to report to United States law enforcement that Madoff might have been operating illegally.
Note: JP Morgan Chase's role in the Madoff scandal is outrageous, but it is relatively minor in comparison to the massive securities fraud and cover-up perpetrated by this and other big banks in cooperation with corrupt government officials. For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.
Led by Lockheed Martin Corp. (LMT), the biggest U.S. defense companies are trading at record prices as shareholders reap rewards from escalating military conflicts around the world. Investors see rising sales for makers of missiles, drones and other weapons as the U.S. hits Islamic State fighters in Syria and Iraq, said Jack Ablin, chief investment officer at Chicago-based BMO Private Bank. “As we ramp up our military muscle in the Mideast, there’s a sense that demand for military equipment and weaponry will likely rise,” said Ablin, who oversees $66 billion including Northrop Grumman Corp. (NOC) and Boeing Co. (BA) shares. “To the extent we can shift away from relying on troops and rely more heavily on equipment -- that could present an opportunity.” Bombardments of Islamic State strongholds added to tensions this year that include U.S.-led sanctions on Russia for backing Ukrainian rebels. The U.S. also is the biggest foreign military supplier to Israel, which waged a 50-day offensive against the Hamas Islamic movement in the Gaza Strip. A Bloomberg Intelligence gauge of the four largest Pentagon contractors ... rose 19 percent this year through yesterday, outstripping the 2.2 percent gain for the Standard & Poor’s 500 Industrials Index. Lockheed, the world’s biggest defense company, reached an all-time high of $180.74 on Sept. 19, when Northrop, Raytheon Co. (RTN) and General Dynamics Corp. (GD) also set records. That quartet and Chicago-based Boeing accounted for about $105 billion in federal contract orders last year. U.S. lawmakers including Representative Peter King, a New York Republican, have suggested that the new global threats could prompt Congress to reconsider planned reductions in defense spending.
Note: For more along these lines, see concise summaries of deeply revealing war profiteering news articles from reliable major media sources.
Together, Charles and David Koch control one of the world's largest fortunes, which they are using to buy up our political system. The Kochs [have] cornered the market on Republican politics and are nakedly attempting to buy Congress and the White House. Koch-affiliated organizations raised some $400 million during the 2012 election, and aim to spend another $290 million to elect Republicans in this year's midterms. Koch ... is larger than IBM, Honda or Hewlett-Packard and is America's second-largest private company. Brothers Charles and David are each worth more than $40 billion. But what they don't want you to know is how they made all that money. The company's stock response to inquiries from reporters: "We are privately held and don't disclose this information." The company's troubled legal history – including a trail of congressional investigations ... civil lawsuits and felony convictions ... combine to cast an unwelcome spotlight on the toxic empire. The company has paid out record civil and criminal environmental penalties. According to the University of Massachusetts Amherst's Political Economy Research Institute, only three companies rank among the top 30 polluters of America's air, water and climate: ExxonMobil, American Electric Power and Koch Industries. Koch Industries dumps more pollutants into the nation's waterways than General Electric and International Paper combined. Koch has profited precisely by dumping billions of pounds of pollutants into our waters and skies. The Koch brothers get richer as the costs of what Koch destroys are foisted on the rest of us – in the form of ill health, foul water and a climate crisis that threatens life as we know it on this planet.
Note: For more on this, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
A massive, $7.2 billion Army intelligence contract signed just 10 days ago underscores the central role to be played by the National Security Agency and its army of private contractors in the unfolding air war being carried out by the United States and its Gulf States allies against the Islamic State in Iraq and Syria. INSCOM’s “global intelligence support” contract will place the contractors at the center of this fight. Under its terms, 21 companies, led by Booz Allen Hamilton, BAE Systems, Lockheed Martin and Northrop Grumman, will compete over the next five years to provide “fully integrated intelligence, security and information operations” in Afghanistan and “future contingency operations” around the world. INSCOM announced the global intelligence contract two days after President Obama, in a speech to the nation, essentially declared war on ISIS in Iraq and Syria and outlined a campaign of airstrikes and combat actions to “degrade and ultimately destroy” the terrorist group. The top contractors on the INSCOM contract are already involved in the war. Lockheed Martin, for example, makes the Hellfire missiles that are used extensively in U.S. drone strikes. Northrop Grumman makes the Global Hawk surveillance drone. Both companies have large intelligence units. 70 percent of the U.S. intelligence budget is spent on private contractors. This spending [is] estimated at around $70 billion a year. [There is a] revolving door between INSCOM and its contractors. The system is corrupted by the close relationships between the companies and their agencies, said [Tom] Drake, who as a whistle-blower was nearly sent to prison for exposing the waste, fraud and abuse in a contracted program at the NSA that ended up losing over $7 billion.
Note: Read a powerful essay written by a top US general showing how he was fooled into supporting wars that were generated by the powerful global elite who want never-ending war in order to keep their profits flowing.
NutraSweet says it will no longer make the artificial sweetener aspartame as a result of foreign competition. The privately held company said Wednesday it expects to shut down a major portion of a plant that employs about 210 workers, including contractors, by year-end as a result. That will leave it with only about 10 to 20 employees to focus on its two other smaller sweeteners, the company said. "Low-cost imports now dominate the aspartame market, making it impossible for us to sustain a profitable business while maintaining our unmatched standard of quality," NutraSweet CEO William DeFer said in a statement. Aspartame is more commonly known as the ingredient used in Equal, the blue packets of sweetener often found on tables at restaurants. NutraSweet spokesman Hud Englehart said the company started facing competition as a supplier of aspartame once its patents on the artificial sweetener expired.
Note: This article fails to mention anything about the serious risks and dangers of aspartame which have been exposed by top doctors and scientists. See the powerful documentary "Sweet Misery" on this which has saved many lives. For more on health corruption and manipulation, see concise summaries of deeply revealing health news articles from reliable major media sources.
John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels. The family whose legendary wealth flowed from Standard Oil is planning to announce on Monday that its $860 million philanthropic organization, the Rockefeller Brothers Fund, is joining the divestment movement that began a couple years ago on college campuses. In recent years, 180 institutions — including philanthropies, religious organizations, pension funds and local governments ... have pledged to sell assets tied to fossil fuel companies from their portfolios and to invest in cleaner alternatives. In all, the groups have pledged to divest assets worth more than $50 billion from portfolios. Some say they are taking action to align their assets with their environmental principles. Others want to shame companies that they believe are recklessly contributing to a warming planet. Ultimately ... their actions, like those of the anti-apartheid divestment fights of the 1980s, could help spur international debate, while the shift of investment funds to energy alternatives could lead to solutions to the carbon puzzle. At the Rockefeller Brothers Fund, there is no equivocation. The fund has already eliminated investments involved in coal and tar sands entirely while increasing its investment in alternate energy sources. The family has also engaged in shareholder activism with Exxon Mobil, the largest successor to Standard Oil. Members have met privately with the company ... in efforts to get it to moderate its stance on issues pertaining to the environment and climate change. They acknowledged that they have not caused the company to greatly alter its course.
Note: Read through a rich collection of energy news articles with inspiring and revealing news on energy developments. Then explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.