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Maker of drug admits hiding its risks
2005-07-24, Miami Herald
http://www.miami.com/mld/miamiherald/news/front/9231611.htm

The maker of a billion-dollar antipsychotic medication has acknowledged misleading doctors and other healthcare providers about the safety of its product, minimizing potentially deadly side effects. On Wednesday, drug maker Janssen Pharmaceutica wrote a two-page letter to doctors, warning them that the company, in promotional material, had "minimized potentially fatal risks, and made misleading claims" that the medication was more safe in treating mental illness than other drugs in the same category. Risperdal is the leading drug used to combat schizophrenia and other types of psychotic disorders, earning Janssen about $2.1 billion in annual sales. The drug was first marketed about eight years ago, and is prescribed to more than 10 million people worldwide. The "important correction of drug information" came shortly after federal regulators had accused Janssen of "disseminating" advertising and marketing material that was "false or misleading."

Don't miss the highly revealing article on this vital topic by the New England Journal of Medicine's former editor in chief Marica Angell. Click here

2 Paths of Bayer Drug in 80's: Riskier One Steered Overseas
2003-06-22, New York Times
http://query.nytimes.com/gst/fullpage.html?sec=health&res=9A00E4DA1F3EF931A15...

A division of the pharmaceutical company Bayer sold millions of dollars of blood-clotting medicine for hemophiliacs -- medicine that carried a high risk of transmitting AIDS -- to Asia and Latin America in the mid-1980's while selling a new, safer product in the West. The Bayer unit, Cutter Biological, introduced its safer medicine in late February 1984 as evidence mounted that the earlier version was infecting hemophiliacs with H.I.V. Yet for over a year, the company continued to sell the old medicine overseas. Cutter officials were trying to avoid being stuck with large stores of a product. Yet even after it began selling the new product, the company kept making the old medicine for several months more. In Hong Kong and Taiwan alone, more than 100 hemophiliacs got H.I.V. after using Cutter's old medicine. Many have since died. Cutter also continued to sell the older product after February 1984 in Malaysia, Singapore, Indonesia, Japan and Argentina. While admitting no wrongdoing, Bayer and three other companies that made the concentrate have paid hemophiliacs about $600 million to settle more than 15 years of lawsuits accusing them of making a dangerous product. Federal regulators helped keep the overseas sales out of the public eye. The Food and Drug Administration's regulator of blood products, Dr. Harry M. Meyer Jr....asked that the issue be "quietly solved without alerting the Congress, the medical community and the public."

Doctors, Legislators Resist Drugmakers' Prying Eyes
2007-05-22, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2007/05/21/AR20070521017...

Pediatrician Rupin Thakkar's first inkling that the pharmaceutical industry was peering over his shoulder ... came in a letter from a drug representative about the generic drops Thakkar prescribes to treat infectious pinkeye. In the letter, the salesperson wrote that Thakkar was causing his patients to miss more days of school than they would if he put them on Vigamox, a more expensive brand-name medicine made by Alcon Laboratories. "My initial thought was 'How does she know what I'm prescribing?' " Thakkar said. "It feels intrusive ... I just feel strongly that medical encounters need to be private." He is not alone. Many doctors object to drugmakers' common practice of contracting with data-mining companies to track exactly which medicines physicians prescribe and in what quantities -- information marketers and salespeople use to fine-tune their efforts. The concerns are not merely about privacy. Proponents say using such detailed data for drug marketing serves mainly to influence physicians to prescribe more expensive medicines, not necessarily to provide the best treatment. "We don't like the practice, and we want it to stop," said Jean Silver-Isenstadt, executive director of the National Physicians Alliance. (Thakkar is on the group's board of directors.) "We think it's a contaminant to the doctor-patient relationship, and it's driving up costs." The American Medical Association makes millions of dollars each year by helping data-mining companies link prescribing data to individual physicians. It does so by licensing access to the AMA Physician Masterfile, a database containing names, birth dates, educational background, specialties and addresses for more than 800,000 doctors.

Note: For more reliable, verifiable information about major corruption in the drug industry, click here.

Exxon pay limits rejected
2006-06-01, Baltimore Sun
http://www.baltimoresun.com/business/bal-bz.exxon01jun01,0,1510751.story

Shareholders of Exxon Mobil Corp., whose departing chief executive got a $357 million retirement package, overwhelmingly rejected resolutions to rein in compensation at the company's annual meeting yesterday. Chairman and Chief Executive Officer Rex W. Tillerson said predecessor Lee Raymond deserved a $357 million retirement package that he received in January because he delivered record profits.

Note: So price gouging at the gas pumps brings record oil profits and one of the CEO's responsible gets hundreds of millions of dollars as a retirement gift. What kind of message does that send? Why didn't other major newspapers pick up this little "detail."

Intelligence Czar Can Waive SEC Rules
2006-05-23, MSNBC/Business Week
http://msnbc.msn.com/id/12952860

President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye. Unbeknownst to almost all of Washington and the financial world, Bush and every other President since Jimmy Carter have had the authority to exempt companies working on certain top-secret defense projects from portions of the 1934 Securities Exchange Act. It couldn't be immediately determined whether any company has received a waiver under this provision. The timing of Bush's move is intriguing. On the same day the President signed the memo, Porter Goss resigned as director of the Central Intelligence Agency. Only six days later, on May 11, USA Today reported that the National Security Agency had obtained millions of calling records of ordinary citizens provided by three major U.S. phone companies. Negroponte oversees both the CIA and NSA in his role as the administration's top intelligence official. The White House wouldn't comment on whether Negroponte has granted such a waiver. William McLucas, the Securities & Exchange Commission's former enforcement chief...added: "It could be that you have a bunch of books and records out there that no one knows about."

The War Dividend: The British companies making a fortune out of conflict-riven Iraq
2006-03-13, Independent (one of the UK's top newspapers)
http://news.independent.co.uk/world/middle_east/article350959.ece

British businesses have profited by at least £1.1bn since coalition forces toppled Saddam Hussein three years ago. The company roll-call of post-war profiteers includes some of the best known names in Britain's boardrooms. The evidence of massive investments and the promise of more multimillion-pound profits to come was discovered in a joint investigation by Corporate Watch, an independent watchdog, and The Independent. The findings show how much is [at] stake if Britain were to withdraw military protection from Iraq. British company involvement at the top of Iraq's new political and economic structures means Iraq will be forced to rely on British business for many years to come. A total of 61 British companies are identified as benefiting from at least £1.1bn of contracts and investment in the new Iraq. But that figure is just the tip of the iceberg. It could be as much as five times higher, because many companies prefer to keep their relationship secret. The waters are further muddied by the Government's refusal to release the names of companies it has helped to win contracts in Iraq. The report acknowledges that British business still lags behind the huge profits paid to American companies. In five years, the £1.1bn of contracts identified in the report will be dwarfed by what Britain and the US hope to reap from investments. Highly lucrative oil contracts have yet to be handed out.

Note: For more powerful information on war-profiteering revealed by a highly decorated U.S. general see http://www.WantToKnow.info/warisaracket

Ministers back 'terminator' GM crops
2006-03-05, Independent (one of the UK's leading newspapers)
http://news.independent.co.uk/environment/article349331.ece

Ministers are trying to scrap an international agreement banning the world's most controversial genetic modification of crops, grimly nicknamed "terminator technology", a move which threatens to increase hunger in the Third World. The Government is to push for terminator crops to be considered for approval on a "case-by-case basis" at two meetings this month; its position closely mirrors the stance of the United States and other GM [genetically modified organisms]-promoting countries. Terminator technology...would stop hundreds of millions of poor farmers from saving seeds from their crops for resowing for the following harvest, forcing them to buy new ones from biotech companies every year. The technique is officially known as genetic use restriction technology (Gurt), making crops produce sterile seeds. It could be applied to any crop, including maize and rice, widely grown in developing countries. The UK working group on terminator technology...says: "It could destroy traditional farming methods, damage farmers' livelihoods and threaten food security, particularly in developing countries." [Former UK Minister of Environment Michael] Meacher said: "For the first time in the history of the world, farmers would be stopped from using their own seeds."

Note: For more on this alarming development: http://www.WantToKnow.info/deception10pg

Sex Slaves
2006-02-07, PBS
http://www.pbs.org/wgbh/pages/frontline/slaves/etc/synopsis.html

Twenty-one-year-old Katia...left home on what she believed would be a trip to buy goods in Turkey, but instead she was sold into sexual slavery for $1,000. In "Sex Slaves," FRONTLINE follows [her husband] Viorel on an extraordinary journey deep into the world of sex trafficking to try to find his wife...and then free her from the violent pimp who now "owns" her. Along the way, the production team takes a rare, hidden-camera look at the various traffickers, pimps and middlemen who illegally buy and sell hundreds of thousands of women each year. Lured by traffickers who prey on their dreams of employment abroad, many of the women are then kidnapped and "exported" to Europe, the Middle East, the United States and elsewhere. During this process, they may be sold to pimps, locked in brothels, drugged, terrorized and raped repeatedly. "How much will a girl cost?" co-producer Felix Golubev asks a trafficker in Moldova while posing undercover as an interested buyer from North America. "Five hundred to 600 dollars" replies the trafficker." As Viorel searches for Katia, we learn what she might be enduring from other trafficked women. Twenty-eight-year-old Oksana was sold 13 times over an eight-month period before finally being allowed to return to her native Ukraine. "There were 22 girls in a three-bedroom apartment, and each girl got beaten up at least once a day. One girl ran away and went to the police for help, but she was taken back. Policemen…used our services." "Sex Slaves" exposes the government indifference that allows the global sex trade to continue virtually unchecked and what needs to be done.

Note: If you want to know about secret government involvement in the sex trade and sex abuse, see the harrowing, yet powerful essay at http://www.WantToKnow.info/nationbetrayed10pg and a highly revealing, free Discovery Channel documentary at http://www.WantToKnow.info/060501conspiracyofsilence

Royal Rife: Discovering a Cure for Cancer Can Be Dangerous to Your Health
2000-10-09, WantToKnow.info/Jeff Rense
http://www.WantToKnow.info/cancercuresroyalrife

Note: We usually limit ourselves to information which comes from sources known and respected by the public. For this message, we're making an exception. Jeff Rense of rense.com is a radio personality and researcher of major cover-ups with no strong credentials other than a large following of people convinced of the quality of his work. His popular website receives millions of visits a month. Below is vital information everyone should know.

Royal Raymond Rife was a brilliant scientist born in 1888 and died in 1971. He received 14 major awards and honors and was given an honorary Doctorate by the University of Heidelberg for his work. By 1933, he had ... constructed the incredibly complex Universal Microscope, which...was capable of magnifying objects 60,000 times their normal size. With this incredible microscope, Rife became the first human being to actually see a live virus. In 1934, the University of Southern California appointed a Special Medical Research Committee to bring terminal cancer patients ... to Rife's San Diego Laboratory and clinic for treatment. The team included doctors and pathologists assigned to examine the patients - if still alive - in 90 days. After the 90 days of treatment, the Committee concluded that 86.5% of the patients had been completely cured. On November 20, 1931, forty-four of the nation's most respected medical authorities honored Royal Rife with a banquet billed as The End To All Diseases. But by 1939, almost all of these distinguished doctors and scientists were denying that they had ever met Rife. The last thing in the world that the pharmaceutical industry wanted was ... a painless therapy that cured ... terminal cancer patients and cost nothing to use but a little electricity. It might give people the idea that they didn't need drugs. Medical journals, supported almost entirely by drug company revenues and controlled by the AMA, refused to publish any paper by anyone on Rife's therapy. Rife technology became public knowledge again in 1986 with the publication of The Cancer Cure That Worked, by Barry Lynes, and other material about Royal Rife and his monumental work.

Note: For excellent video documentaries, including interviews with Royal Rife: http://www.rifevideos.com. For an excellent website focused on Rife's work, click here. For more reliable, verifiable information on health cover-ups, click here.

Junketing Judges: A Case of Bad Science
2006-06-04, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2006/06/02/AR20060602014...

Just how far will corporate lobbyists go to tilt governmental decisions in their favor? Last fall, the U.S. Court of Appeals for the District of Columbia Circuit ruled that the Clean Air Act does not require regulating carbon dioxide emissions that are heating up the planet at an unprecedented rate. It turns out that two of the jurists who helped decide the case -- Chief Judge Douglas H. Ginsburg and Judge David B. Sentelle -- attended a six-day global warming seminar at Yellowstone National Park sponsored by a free-market foundation and featuring presentations from companies with a clear financial interest in limiting regulation. Exxon Mobil Corp. and other large businesses contribute to conservative think tanks to help "educate" federal judges through seminars like the one at Yellowstone. The Code of Conduct for federal judges does not prohibit attending such seminars -- as long as participation does not "cast reasonable doubt on the capacity to decide impartially issues that may come before them." Leaders of Congress and the federal courts seem to recognize that the federal judiciary ought to be out of bounds for lobbyists. Judges are appointed for life, and allowing insider access threatens the integrity of the one branch of government that should stand above politics. Court cases must be won by argument, not by influence, and that means putting a stop to judicial junkets that give one side of the debate an unfair advantage.

EPA Charges DuPont Hid Teflon's Carcinogenic Risks
2005-01-18, Chicago Tribune
http://www.chicagotribune.com/news/nationworld/chi-0501180271jan18,1,1986717....

More than 50 years after DuPont started producing Teflon ... federal officials are accusing the company of hiding information suggesting that [the chemical] might cause cancer, birth defects and other ailments. Environmental regulators are particularly alarmed because scientists are finding perfluorooctanoic acid, or PFOA, in the blood of people worldwide and it takes years for the chemical to leave the body. The U.S. Environmental Protection Agency reported last week that exposure even to low levels of PFOA could be harmful. With virtually no government oversight, PFOA has been used since the early 1950s. Questions about potential effects on human health and the environment often aren't raised until years after a chemical is introduced to the marketplace. The long and mostly secret history of PFOA began to unravel down the road from DuPont's Teflon plant...where a Parkersburg family began asking questions in the late 1990s about a mysterious wasting disease killing their cattle. Their lawsuit ended with a monetary settlement ... but the legal battle uncovered a trove of industry documents about PFOA. One document detailed how DuPont scientists started warning company executives to avoid human contact with PFOA as early as 1961. Industry tests later determined the chemical accumulates in the body [and] doesn't break down in the environment. Tests on lab animals have found links to illnesses including liver and testicular cancer, reduced weight of newborns and immune-system suppression. The findings concern EPA officials because rats flush the chemical out of their bodies within days, while PFOA stays in human blood for at least four years.

Note: As this article is no longer available on the Chicago Tribune website, to read it in full, click here.

Psychiatrists, Children and Drug Industry’s Role
2007-05-10, New York Times
http://www.nytimes.com/2007/05/10/health/10psyche.html?ex=1336449600&en=027d7...

When Anya Bailey developed an eating disorder after her 12th birthday, her mother took her to a psychiatrist at the University of Minnesota who prescribed a powerful antipsychotic drug called Risperdal. Created for schizophrenia, Risperdal is not approved to treat eating disorders, but increased appetite is a common side effect and doctors may prescribe drugs as they see fit. Anya gained weight but within two years developed a crippling knot in her back. She now receives regular injections of Botox to unclench her back muscles. She often awakens crying in pain. Isabella Bailey, Anya’s mother, said she had no idea that children might be especially susceptible to Risperdal’s side effects. Nor did she know that Risperdal and similar medicines were not approved at the time to treat children. Just as surprising, Ms. Bailey said, was learning that the university psychiatrist who supervised Anya’s care received more than $7,000 from 2003 to 2004 from Johnson & Johnson, Risperdal’s maker, in return for lectures about one of the company’s drugs. The intersection of money and medicine, and its effect on the well-being of patients, has become one of the most contentious issues in health care. Nowhere is that more true than in psychiatry, where increasing payments to doctors have coincided with the growing use in children of a relatively new class of drugs known as atypical antipsychotics. These best-selling drugs, including Risperdal, Seroquel, Zyprexa, Abilify and Geodon, are now being prescribed to more than half a million children in the United States to help parents deal with behavior problems despite profound risks and almost no approved uses for minors.

Note: For lots more reliable information on cover-ups affecting your health, click here. To read an inspiring story on the benefits of healthy school diet for students' health, behavior and studies, click here.

Electric cars lighting up again
2006-07-31, USA Today
http://www.usatoday.com/money/autos/2006-07-26-electric-cars-usat_x.htm

Several small, independent automakers are juicing up electric cars. Among the companies trying to lead the charge: Tesla. Tesla Motors...is taking orders for a $100,000 electric high-performance sports car...billed as capable of a Ferrari-like zero to 60 mph in four seconds. The car was designed in California but will be built by Lotus in Great Britain. Its sophisticated lithium-ion battery will allow a range of 250 miles on a single charge and a top speed of 130 mph. Wrightspeed...hopes to produce its own, $100,000 high-performance car within two years. It will have about a 200-mile range. Ian Wright, who heads Wrightspeed...says the new breed of electric cars could have three times the energy efficiency of gas-electric hybrids. "You can build something that's seriously fast and a lot of fun to drive." Zap. At the other end of the performance spectrum...Zap last month started selling a three-wheel electric "city car" imported from China that it says is capable of a top speed of 40 mph. Priced at $9,000, the Xebra has a range of about 40 miles. Tomberlin Group...plans to sell three versions of electric cars. Prices will range from $5,000 for E-Merge E-2 to $8,000 for the four-seat Anvil. The electric revival comes as...Who Killed the Electric Car? has started playing in theaters. The movie alleges that big automakers, oil companies and the government sank promising electric-car technology. The film singles out General Motors for...having created a futuristic electric car that became a Hollywood enviro-darling. When leases ran out, GM collected its Saturn EV1s and sent them to the crusher.

Note: I've heard that Who Killed the Electric Car? is an excellent, revealing film. For lots more on why car mileage has not significantly increased since the days of the Model T (which got 25 miles to the gallon), see http://www.WantToKnow.info/050711carmileageaveragempg

Secretive, powerful Bilderberg group meets near Ottawa
2006-06-08, Globe and Mail (Canada's leading newspaper)
http://www.theglobeandmail.com/servlet/story/RTGAM.20060608.wbilder0608/BNSto...

Ottawa. On the outskirts of the nation's capital, a tony high-rise hotel beside a golf course is hosting the annual meeting for one of the world's most secretive and powerful societies. They're called the Bilderberg group. Those who follow the Bilderberg group say it got Europe to adopt a common currency, got Bill Clinton elected after he agreed to support NAFTA, and is spending this week deciding what to do about high oil prices and that pesky fundamentalist president of Iran. The Bilderberg group is a half-century-old organization comprising about 130 of the world's wealthiest and most powerful people. They don't have a website. Bilderberg says the privacy of its meetings helps encourage freewheeling discussion. An unsigned press release...confirmed this year's meeting would deal with energy issues, Iran, the Middle East, terrorism, immigration, Russia, European-American relations and Asia. The 2006 group includes David Rockefeller, Henry Kissinger, Queen Beatrix of Holland, New York Gov. George Pataki, the heads of Coca-Cola, Credit Suisse, the Royal Bank of Canada, cabinet ministers from Spain, Greece and a number of media moguls. The group also includes a pair of prominent figures involved in planning the U.S. invasion of Iraq -- Richard Perle and Ahmad Chalabi. Fellow White House power-players Donald Rumsfeld and Paul Wolfowitz, now head of the World Bank, have spoken to the group in the past. The prime ministers of Britain and Canada -- Tony Blair and Stephen Harper -- have addressed the group before.

Note: For two excellent articles from BBC describing this incredibly powerful, highly secretive group of elites:
http://www.WantToKnow.info/051115secretsocietiesbilderberg

Some Web Firms Say They Track Behavior Without Explicit Consent
2008-08-12, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/11/AR20080811022...

Several Internet and broadband companies have acknowledged using targeted-advertising technology without explicitly informing customers, according to letters released yesterday by the House Energy and Commerce Committee. The revelations came in response to a bipartisan inquiry of how more than 30 Internet companies might have gathered data to target customers. Some privacy advocates and lawmakers said the disclosures help build a case for an overarching online-privacy law. "Increasingly, there are no limits technologically as to what a company can do in terms of collecting information . . . and then selling it as a commodity to other providers," said committee member Edward J. Markey (D-Mass.). "Our responsibility is to make sure that we create a law that, regardless of the technology, includes a set of legal guarantees that consumers have with respect to their information." Markey said he and his colleagues plan to introduce legislation next year, a sort of online-privacy Bill of Rights, that would require that consumers must opt in to the tracking of their online behavior and the collection and sharing of their personal data. Ari Schwartz, vice president of the Center for Democracy and Technology, said lawmakers are beginning to understand the convergence across platforms. "People are starting to see: 'Oh, we have these different industries that are collecting the same types of information to profile individuals and the devices they use on the network," he said. "Internet. Cellphones. Cable. Any way you tap into the network, concerns are raised."

Note: For lots more on increasing threats to privacy from reliable sources, click here.

Mature Human Embryos Created From Adult Skin Cells
2008-01-18, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/17/AR20080117003...

Scientists at a California company reported yesterday that they had created the first mature cloned human embryos from single skin cells taken from adults, a significant advance toward the goal of growing personalized stem cells for patients suffering from various diseases. Creation of the embryos -- grown from cells taken from the company's chief executive and one of its investors -- also offered sobering evidence that few, if any, technical barriers may remain to the creation of cloned babies. The study leader, who is also the medical director of a fertility clinic ... emphasized that he has no interest in cloning people. "It's unethical and it's illegal, and we hope no one else does it either," said Samuel H. Wood, chief executive of Stemagen in La Jolla, whose skin cells were cloned and who led the study. The closely held company hopes to make embryos that are clones, or genetic twins, of patients, then harvest stem cells from those embryos and grow them into replacement tissues. Opponents of research on human embryos lashed out at the approach. "This study seems to confirm that human cloning ... is technically possible," said Richard Doerflinger of the U.S. Conference of Catholic Bishops. "It does not answer the ethical or social questions about the mass-production of developing human lives in order to destroy them. It only tells us that these questions are more urgent than ever." Other critics noted that scientists in Japan and Wisconsin recently discovered a way to "reprogram" stem cells directly from skin cells, without having to make embryos as a middle step. "In light of the recent cell reprogramming developments, cloning-based stem cell research is less justified than ever," said Marcy Darnovsky of the Center for Genetics and Society.

Brothers, Bad Blood and the Blackwater Tangle
2007-11-17, New York Times
http://www.nytimes.com/2007/11/17/us/17brothers.html?ex=1352955600&en=1cb325e...

They were smart, scrappy brothers who rose from modest circumstances in Baltimore to become lacrosse stars at Princeton, succeed in business and land big government jobs. Now the Krongard brothers — who have carried childhood nicknames, Buzzy and Cookie, through long careers — are tied up in the tangled story of Blackwater, the security contractor accused in the deaths of at least 17 Iraqis while guarding a State Department convoy in Baghdad. The shorthand version boils their involvement down to that Washington catchall conflict of interest. The full story appears more complicated. Alvin [Buzzy] Krongard, 71, ... left a $4 million-a-year job in investment banking to serve in top posts at the Central Intelligence Agency from 1998 to 2004. Buzzy Krongard spoke [to the New York Times] in his 15,000-square-foot Georgian mansion, Torch Hill, north of Baltimore. After rising to the helm of Alex. Brown & Sons, the venerable Baltimore investment banking firm, Buzzy Krongard oversaw its acquisition by Bankers Trust in 1997 and left the next year for the C.I.A., as a counselor to George J. Tenet, then the director of central intelligence. He became executive director, the No. 3 post, in 2001 and helped design the agency’s secret detention program after the Sept. 11 attacks. Buzzy Krongard vigorously defends Blackwater’s record in Iraq. “It’s very easy to second-guess them when you’re sitting back in an air-conditioned office,” he said.

Note: Buzzy Krongard took quite a cut in pay to move from Bankers Trust to the comparatively modest salary of even a high-ranking CIA position. Bankers Trust was purchased by the same company that placed the highly unusual and suspicious "put options" on United Airlines stock just days before 9/11. For a powerful summary of similarly strange, unexplained facts related to 9/11, click here.

N.Y.'s Cuomo alleges appraiser, lender collusion upped home values
2007-11-02, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/11/02/MNO8T4NNM.DTL

In a major legal action alleging misdeeds in the mortgage business, New York's attorney general [Andrew Cuomo] has accused appraisers of helping fuel the nation's foreclosure crisis by pumping up home values at the behest of lenders and other real estate professionals. The lawsuit said that First American eAppraiseIT, a subsidiary of Fortune 500 company First American Corp., caved in to pressure from Washington Mutual to rely on "proven appraisers" who were willing to inflate home prices. Washington Mutual profited from the artificially high appraisals because they allowed the company to close more home loans at greater values, the lawsuit said. First American, a provider of business information, title insurance and related services, wanted to win more business from Washington Mutual, the suit said. The lawsuit comes in the midst of the nation's subprime lending crisis, which industry experts say could cause up to 2 million homes to be lost to foreclosure over the next couple of years. Most subprime foreclosures are caused by a confluence of two factors: mortgage payments that rise when adjustable loans reset, and home prices that are lower than the amount owed on the mortgage. A moribund real estate market has caused prices to flatten or fall. But if home prices were artificially high to begin with - which would be the case if appraisers inflated values, as the lawsuit alleged - the likelihood increases of homeowners owing more on the mortgage than their properties are worth. Cuomo said fraudulent appraisal practices were pervasive in the industry. At a news conference announcing the lawsuit, he said lenders, mortgage brokers, real estate agents and others frequently pressured appraisers to "come in with the right number, the number that justifies the transaction" so that everyone in the chain would receive commissions.

From Casinos to Counterterrorism
2007-10-22, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2007/10/21/AR20071021015...

[Las Vegas], famous for being America's playground, has also become its security lab. Like nowhere else in the United States, Las Vegas has embraced the twin trends of data mining and high-tech surveillance, with arguably more cameras per square foot than any airport or sports arena in the country. Even the city's cabs and monorail have cameras. Some privacy advocates view the city as a harbinger of things to come. In secret rooms in casinos across Las Vegas, surveillance specialists are busy analyzing information about players and employees. Relying on thousands of cameras in nearly every cranny of the casinos, they evaluate ... behavior. They ping names against databases that share information with other casinos, sometimes using facial-recognition software to validate a match. And in the marketing suites, casino staffers track players' every wager, every win or loss, the better to target high-rollers for special treatment and low- and middle-rollers for promotions. "You could almost look at Vegas as the incubator of a whole host of surveillance technologies," said James X. Dempsey, policy director for the Center for Democracy and Technology. Those technologies, he said, have spread to other commercial venues: malls, stadiums, amusement parks. After Sept. 11, 2001, several airports tested facial-recognition software, with little success. But the government is continuing to invest in biometric technologies. "We often hear of the surveillance technology du jour, but what we're seeing now in America is a collection of surveillance technologies that work together," said Barry Steinhardt, the American Civil Liberties Union's technology and liberty project director. "It isn't just video surveillance or face recognition or license plate readers or RFID chips. It's that all these technologies are converging to create a surveillance society."

Note: For revealing major media reports of privacy risks and invasions, click here.

EPA approves new pesticide despite scientists' concerns
2007-10-06, Los Angeles Times
http://www.latimes.com/news/local/la-me-pesticide6oct06,0,2247860.story

Despite the protests of more than 50 scientists, including five Nobel laureates in chemistry, the U.S. Environmental Protection Agency on Friday approved use of a new, highly toxic fumigant, mainly for strawberry fields. The new pesticide, methyl iodide, is designed for growers, mainly in California and Florida, who need to replace methyl bromide, which has been banned under an international treaty because it damages the Earth's ozone layer. In a letter sent last month to EPA Administrator Stephen Johnson, 54 scientists, mostly chemists, warned that "pregnant women and the fetus, children, the elderly, farmworkers and other people living near application sites would be at serious risk." Methyl iodide is a neurotoxin and carcinogen that has caused thyroid tumors, neurological damage and miscarriages in lab animals. But EPA officials said Friday that they carefully evaluated the risks and decided to approve its use for one year, imposing restrictions such as buffer zones to protect farmworkers and neighbors. Growers, particularly those who grow strawberries and tomatoes, have been searching for 15 years for a new soil fumigant to replace methyl bromide. Fumigants are valuable to growers because they can be injected into the soil before planting to sterilize the field and kill a broad spectrum of insects and diseases without leaving residue on crops. But fumigants are among the most potentially dangerous pesticides in use today because the toxic gas can evaporate from the soil, exposing farmworkers and drifting into neighborhoods. Methyl iodide ... will be allowed on fields growing strawberries, tomatoes, peppers, ornamentals, turf, trees and vines.

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