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Corporate Corruption News Stories
Excerpts of Key Corporate Corruption News Stories in Major Media


Below are highly revealing excerpts of important corporate corruption news stories reported in the media that suggest a major cover-up. Links are provided to the full stories on their major media websites. If any link fails to function, read this webpage. These corporate corruption news stories are listed by date posted to this webpage. You can explore the same articles listed by order of importance or by article date. By choosing to educate ourselves on these important issues and to spread the word, we can and will build a brighter future.

Note: This comprehensive list of corporate corruption news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


Zika virus: Floridians fear 'Pandora's box' of genetically altered mosquitos
2016-08-14, The Guardian (One of the UK's leading newspapers)
Posted: 2016-08-22 12:40:33
https://www.theguardian.com/us-news/2016/aug/14/florida-keys-zika-virus-genet...

The Florida Keys are three months away from a straw poll vote on whether to release millions of genetically modified mosquitoes on an island just east of Key West. The tourist destination is awash in lawn signs ... that showcase the overhead view of a mosquito and read: “NO CONSENT to release of genetically modified mosquitoes”. For the last five years, the biotechnology company Oxitec has been developing a plan to experimentally release the GMO mosquitoes in the Keys, which scientists hope could eventually impede the spread of the Zika virus [by undercutting] the population of Aedes aegypti mosquitoes. But the prospect of ridding the neighborhood of a disease-carrying pest hasn’t quelled public dissatisfaction. Mila de Mier ... has led the charge against the mosquitoes’ release, collecting nearly 170,000 signatures in an online petition against the experiment. “It’s about human rights – this can’t be pushed down our throats without consent,” said De Mier. If the trial goes well, the technology would be on track to commercial approval in the United States, opening a slice of the nation’s $14bn pest control market to the company. Globally, analysts predict Oxitec’s mosquito could bring in up to $400m in annual sales for its parent company, Intrexon. With millions in potential sales at stake, the experiment in the environmentally sensitive, populous area hinges on the fundamental question proposed by opponents: do the people who live where an experiment is to be conducted have a right to decide whether to go forward?

Note: Oxitec, a company criticized for secretly releasing GM mosquitoes into the wild in 2009, was purchased last August by biotech giant Intrexon for $160 million. By December, the Zika virus was all over the news and Intrexon was ramping up production of these GM insects to "fight Zika" in Brazil. For more along these lines, see concise summaries of deeply revealing news articles on GMO controversies and Zika virus fear mongering.


Keyless entry systems on many vehicles are hackable, security researchers say
2016-08-12, CBC (Canada's public broadcasting system)
Posted: 2016-08-22 12:25:04
http://www.cbc.ca/news/technology/keyless-entry-hacking-1.3718427

A group of computer security experts say they figured out how to hack the keyless entry systems used on millions of cars, meaning that thieves could in theory break and steal items without leaving a broken window. Remote entry systems on millions of cars made by Volkswagen since 1995 can be cloned to permit unauthorized access to the car's interior. Another system used by other brands including Ford, General Motor's Opel and Chevrolet and Renault can also be defeated. In a paper to be delivered Friday at the Usenix security conference in Austin, Texas, the authors say a thief could use commonly available equipment to intercept entry codes as they are transmitted by radio frequency, and then use that information to clone another remote so the car could be opened. The paper leaves out key details on how to perform the hack but says the codes can be intercepted with commercially available equipment. "It is unclear whether such attacks ... are currently carried out in the wild by criminals," the report says. "However, there have been various media reports about unexplained theft from locked vehicles in the last years." The report did not establish the exact number of cars that use the vulnerable systems. The report authors said that insurance companies might have to accept that car theft scenarios that would otherwise be considered insurance fraud have a higher probability of being genuine. The only surefire countermeasure, they said, would be to stop using the remote and fall back on the mechanical lock using the conventional metal key.

Note: In 2013, Volkswagen blocked the release of an academic paper describing the vulnerability of its ignition systems to hacking. For more along these lines, see concise summaries of deeply revealing corporate news articles from reliable major media sources.


Private federal prisons more dangerous, damning DoJ investigation reveals
2016-08-12, The Guardian (One of the UK's leading newspapers)
Posted: 2016-08-22 12:17:34
https://www.theguardian.com/us-news/2016/aug/12/private-federal-prisons-more-...

Privately operated government prisons, which mostly detain migrants convicted of immigration offenses, are drastically more unsafe and punitive than other prisons in the federal system, a stinging investigation by the US Department of Justice’s inspector general has found. Inmates at these 14 contract prisons, the only centers in the federal prison system that are privately operated, were nine times more likely to be placed on lockdown than inmates at other federal prisons and were frequently subjected to arbitrary solitary confinement. In two of the three contract prisons investigators routinely visited, new inmates were automatically placed in solitary confinement as a way of combating overcrowding. The review also found that contract prison inmates were more likely to complain about medical care, treatment by prison staff and about the quality of food. These facilities house around 22,000 individuals, mostly deemed “low risk”, at an annual cost of $600m. They are operated by three private companies: Geo Group, Corrections Corporation of America (CCA), and Management and Training Corporation (MTC). These facilities were also more dangerous than others in the federal system. For example, the report found that inmate on inmate assaults were 28% higher in contract prisons. “This is the latest in a whole series of reports and investigations that have found very serious issues with Bureau of Prisons shadow systems of private prisons,” said Carl Takei, a staff attorney with the ACLU.

Note: Immediately following this inspector general's investigation, the US Justice Department announced plans to phase out private federal prisons. For more along these lines, see concise summaries of deeply revealing prison system corruption news articles.


This Company Has Built a Profile on Every American Adult
2016-08-05, BloombergBusinessweek
Posted: 2016-08-14 22:18:25
http://www.bloomberg.com/news/articles/2016-08-05/this-company-has-built-a-pr...

For more than a decade, professional snoops have been able to search troves of ... addresses, DMV records, photographs of a person’s car - and condense them into comprehensive reports costing as little as $10. Now they can combine that information with the kinds of things marketers know about you, such as which politicians you donate to, what you spend on groceries, and whether it’s weird that you ate in last night, to create a portrait of your life and predict your behavior. IDI, a year-old company in the so-called data-fusion business, is the first to centralize and weaponize all that information for its customers. Chief Executive Officer Derek Dubner says the system isn’t waiting for requests from clients - it’s already built a profile on every American adult, including young people who wouldn’t be swept up in conventional databases, which only index transactions. These personal profiles include all known addresses, phone numbers, and e-mail addresses; every piece of property ever bought or sold, plus related mortgages; past and present vehicles owned; criminal citations, from speeding tickets on up; voter registration; hunting permits; and names and phone numbers of neighbors. The reports also include photos of cars taken by private companies using automated license plate readers - billions of snapshots tagged with GPS coordinates and time stamps to help PIs surveil people or bust alibis. IDI also runs two coupon websites ... that collect purchasing and behavioral data.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the erosion of privacy.


Whipped, kicked, beaten: Illinois workers describe abuse of hogs
2016-08-04, Chicago Tribune
Posted: 2016-08-14 22:15:45
http://www.chicagotribune.com/news/watchdog/pork/ct-pig-farms-abuse-met-20160...

Weeks after taking a job as a breeding technician at Eagle Point Farms, an anguished Sharee Santorineos sat down and wrote a three-page whistleblower complaint. "I seen pigs that are pregnant beat with steel bars," said her letter to the Illinois Bureau of Animal Health and Welfare. Santorineos knows about raising animals. At a friend's rural Illinois farmhouse, she grows pigs and poultry that they eventually will have slaughtered. Like other worker allegations about animal abuse in Illinois' 900-plus hog confinement facilities, Santorineos' account went nowhere. The state has regularly discounted or dismissed such worker complaints, a Tribune investigation has found. In the Illinois hog confinements that send 12 million pigs to market annually, the bureau did not find a single animal welfare infraction or violation during the past five years. A lack of inspectors - the bureau has just six - contributes to the scant enforcement, while weak Illinois and federal livestock protection laws do little to safeguard animals. In on-the-record interviews, Santorineos and more than a dozen other Illinois swine-confinement workers told the Tribune they witnessed fellow employees whip pigs with metal rods and gouge them with pliers and ballpoint pens to hurry the animals from one stall to the next or onto the trucks that took them to slaughter. They described employees abusing pigs for amusement and encouraging colleagues to take out their frustrations on the animals.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the food system.


Researchers or Corporate Allies? Think Tanks Blur the Line
2016-08-07, New York Times
Posted: 2016-08-14 22:13:11
http://www.nytimes.com/2016/08/08/us/politics/think-tanks-research-and-corpor...

Think tanks, which position themselves as “universities without students,” have power in government policy debates because they are seen as researchers independent of moneyed interests. But in the chase for funds, think tanks are pushing agendas important to corporate donors, at times blurring the line between researchers and lobbyists. And they are doing so while reaping the benefits of their tax-exempt status, sometimes without disclosing their connections to corporate interests. On issues as varied as military sales to foreign countries, international trade, highway management systems and real estate development, think tanks have frequently become vehicles for corporate influence and branding campaigns. “This is about giant corporations who figured out that by spending, hey, a few tens of millions of dollars, if they can influence outcomes here in Washington, they can make billions of dollars,” said Senator Elizabeth Warren, Democrat of Massachusetts, a frequent critic of undisclosed Wall Street donations to think tanks. Washington has seen a proliferation of think tanks, particularly small institutions with narrow interests tied to specific industries. At the same time, the brand names of the field have experienced explosive growth. [The Brookings Institution]’s annual budget has doubled in the last decade, to $100 million. The American Enterprise Institute is spending at least $80 million on a new headquarters in Washington, not far from where the Center for Strategic and International Studies built a $100 million office tower.

Note: Read more about how big money buys off institutions democracy depends on. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.


‘The Profiteers: Bechtel and the Men Who Built the World’, by Sally Denton
2016-03-24, Financial Times
Posted: 2016-08-14 22:01:51
http://www.ft.com/cms/s/0/19d38076-f11b-11e5-9f20-c3a047354386.html#axzz4H4LU...

Bechtel - a behemoth among closely held companies - has been the world’s builder, benefiting from vast government contracts for engineering and infrastructure work in difficult places while it nurtured relationships with power brokers in Washington. In The Profiteers, journalist Sally Denton seeks to unravel the history of Bechtel. Her story is one of “how a dynastic line of rulers from the same American family conducts its business” and how its system of networking now pervades US capitalism. Anecdotes of Bohemian Grove, the secretive retreat that became an all-male “summer camp” for US corporate, political and military elites to toast marshmallows, skinny-dip in the river north of San Francisco and dress in drag for skits, elucidate the chummy nature of big business. As of 2014, [Bechtel's] reported revenue was $37bn, with projects and employees in 37 countries. The corporation’s embrace of Saudi Arabia as a lucrative client and its decades-long and contorted experience in Iraq also makes sense of some aspects of US foreign policy - as well as its intelligence-gathering operations. The life and times of John McCone, a former Bechtel executive who later served as CIA director in the US administrations of Presidents Kennedy and Johnson, is chronicled deftly here. It is worth noting: McCone was and is critical to Bechtel’s dominance today. He devised the idea of “cost-plus contracts” for the toughest jobs sought by government. Contractors are guaranteed a profit in such deals.

Note: Bechtel was at the center of a major Iraqi reconstruction scandal in 2007. More recently, major defense contractors have been publicly congratulating themselves for steering US policy towards militarism. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.


Ireland jails three top bankers over 2008 banking meltdown
2016-07-29, Reuters
Posted: 2016-08-08 19:08:58
http://www.reuters.com/article/us-ireland-banking-court-idUSKCN10912E

Three senior Irish bankers were jailed on Friday for up to three-and-a-half years for conspiring to defraud investors in the most prominent prosecution arising from the 2008 banking crisis. The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis. The crash thrust Ireland into a three-year sovereign bailout in 2010. It could take another 15 years to recover the funds pumped into the banks still operating. Former Irish Life and Permanent Chief Executive Denis Casey was sentenced to two years and nine months. Willie McAteer, former finance director at the failed Anglo Irish Bank, and John Bowe, its ex-head of capital markets, were given sentences of 42 months and 24 months respectively. All three were convicted of conspiring together and with others to mislead investors, depositors and lenders by setting up a 7.2-billion-euro circular transaction scheme between March and September 2008 to bolster Anglo's balance sheet. "They manufactured 7.2 billion euros in deposits by obvious sham transactions," Judge Martin Nolan told the court. No senior industry executives in [the US or UK] have been sent to jail.

Note: Iceland allowed big banks to fail and in 2015 sent 26 bankers to jail for their role in the 2008 financial crisis. It's economy is in good shape. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the financial industry.


Three Paths Citizens United Created for Foreign Money to Pour Into U.S. Elections
2016-04-03, The Intercept
Posted: 2016-08-08 19:06:55
https://theintercept.com/2016/08/03/citizens-united-foreign-money-us-elections/

Before the 2010 Supreme Court decision known as Citizens United, all money spent in federal elections urging the election or defeat of a candidate had to originate from identifiable human beings. Corporations and unions were forbidden from involvement beyond organizing individuals’ contributions. Then Citizens United struck down the prohibition ... so corporations had the right to spend unlimited money espousing their political views. This was the birth of Super PACs. Citizens United [also] opened ... paths for foreign money to flow into the U.S. political process. The 2016 election has seen a surge of contributions to Super PACs by so-called ghost corporations, which appear to exist solely to make those donations and whose ownership is unknown. Almost all large publicly traded U.S. companies have some degree of foreign ownership. Any donations by such corporations are technically partially of foreign origin. Nonprofit corporations ... have always been able to accept unlimited donations from individuals or corporations, but before Citizens United, could engage in little federal political activity. Now, thanks to the combination of Citizens United and a 2007 Supreme Court decision, “social welfare” organizations ... and trade associations [can] make independent political expenditures just like Super PACs. Unlike Super PACs, they are not required to publicly disclose their donors. This is why contributions to politically active nonprofits are often referred to as “dark money.”

Note: Read more about how ghost corporations are funding the 2016 elections. For more along these lines, see concise summaries of deeply revealing news articles about elections corruption and the manipulation of public perception. Then explore the excellent, reliable resources provided in our Elections Information Center.


Dear "Skeptics," Bash Homeopathy and Bigfoot Less, Mammograms and War More
2016-05-16, Scientific American
Posted: 2016-08-08 19:02:39
http://blogs.scientificamerican.com/cross-check/dear-skeptics-bash-homeopathy...

I’m a science journalist. That keeps me busy, because, as you know, most peer-reviewed scientific claims are wrong. So I’m a skeptic, but with a small s, not capital S. “The Science Delusion” is common among Capital-S Skeptics. You don’t apply your skepticism equally. You are extremely critical of belief in God, ghosts, heaven, ESP, astrology, homeopathy and Bigfoot. Meanwhile, you neglect [many] dubious and even harmful claims promoted by major scientists and institutions. Let’s take a look at ... mainstream medicine. Over the past half-century, physicians and hospitals have introduced increasingly sophisticated, expensive tests. They assure us that early detection of disease will lead to better health. But tests often do more harm than good. For every woman whose life is extended because a mammogram detected a tumor, up to 33 receive unnecessary treatment, including biopsies, surgery, radiation and chemotherapy. For men diagnosed with prostate cancer after a PSA test, the ratio is 47 to one. Similar data are emerging on colonoscopies and other tests. Mental-health care suffers from similar problems. The biological theory that really drives me nuts is the deep-roots theory of war. According to the theory, lethal group violence is in our genes. But the evidence is overwhelming that war was a cultural innovation. I hate the deep-roots theory not only because it’s wrong, but also because it encourages fatalism toward war. War is our most urgent problem.

Note: The above was written by John Horgan, director of the Center for Science Writings at the Stevens Institute of Technology. For more along these lines, see concise summaries of deeply revealing science corruption news articles from reliable major media sources.


Medicare safeguard overwhelmed by pricey drugs
2016-07-24, Seattle Times/Associated Press
Posted: 2016-07-31 19:58:46
http://www.seattletimes.com/business/ap-exclusive-medicare-safeguard-overwhel...

A safeguard for Medicare beneficiaries has become a way for drugmakers to get paid billions of dollars for pricey medications at taxpayer expense. The cost of Medicare’s “catastrophic” prescription coverage jumped by 85 percent in three years, from $27.7 billion in 2013 to $51.3 billion in 2015. Out of some 2,750 drugs covered by Medicare’s Part D benefit, two pills for hepatitis C infection - Harvoni and Sovaldi - accounted for nearly $7.5 billion in catastrophic drug costs in 2015. Medicare’s catastrophic coverage was originally designed to protect seniors with multiple chronic conditions from the cumulatively high costs of taking many different pills. Beneficiaries pay 5 percent after they have spent $4,850 of their own money. With some drugs now costing more than $1,000 per pill, that threshold can be crossed quickly. Lawmakers who created Part D in 2003 also hoped added protection would entice insurers to participate in the program. Medicare pays 80 percent of the cost of drugs above a catastrophic threshold that combines spending by the beneficiary and the insurer. That means taxpayers, not insurers, bear the exposure for the most expensive patients. Catastrophic spending accounts for a fast-growing share of Medicare’s drug costs, which totaled nearly $137 billion in 2015. The catastrophic share was 37 percent, yet only about 9 percent of beneficiaries reached the threshold for such costs. Catastrophic coverage will soon cost as much as the entire prescription program did when it launched. Experts say the rapid rise in spending for pricey drugs threatens to make the popular prescription benefit financially unsustainable.

Note: Read an excellent essay by former New England Journal of Medicine editor Dr. Marcia Angell exposing The Truth About the Drug Companies. For more along these lines, see concise summaries of deeply revealing Big Pharma profiteering news articles from reliable major media sources.


Views of American Indians: true and falsified
2016-07-22, San Francisco Chronicle (San Francisco's leading newspaper)
Posted: 2016-07-31 19:54:15
http://www.sfgate.com/news/article/Views-of-American-Indians-true-and-falsifi...

The images that shaped public imagination of the American Indian - 19th and early 20th century photographs - were mostly fiction. Often, they were sentimentalized portrayals of what Edward S. Curtis, the most successful of all who trained their cameras on the subject, called “the vanishing race.” The ... pictures glossed over attitudes and policies that today are seen as cruelly neglectful, if not genocidal. Curtis himself, funded with J.P. Morgan money to produce some 40,000 photographic documents for his magnificent 20-volume “The North American Indian,” is known to have choreographed ceremonies and dances, phonied up costumes, retouched negatives to remove all signs of modernity; he paid reservation residents to play the part of native nobility. Other photographers purported to show the fearsomeness of the American Indian warrior. Two ... intensely engaging exhibitions newly opened at the California Historical Society present images of Northern California and southern Oregon’s Modoc tribe. “Sensationalist Portrayals of the Modoc War, 1872-73” examines reports of a sad chapter of American history, when a band of about 60 Indian fighters held off 600 U.S. Army troops. “Native Portraits: Contemporary Tintypes by Ed Drew” features Drew’s revival of a 19th century photographic process to depict present-day Modocs as they choose to be seen. Side by side, the two shows add up to a quiet rebuke of photography’s cravenly racist portrayal of the first Americans.

Note: For more along these lines, see concise summaries of deeply revealing media corruption news articles.


As need grows for painkiller overdose treatment, companies raise prices
2016-07-17, Los Angeles Times
Posted: 2016-07-24 22:51:56
http://www.latimes.com/business/la-fi-naloxone-sales-20160707-snap-story.html

Naloxone works by blocking the effect that painkillers and heroin have in the brain and reversing the slowed breathing and unconsciousness that come with an overdose. But as the demand for naloxone has risen - overdose deaths now total 130 every day, or roughly the capacity of a Boeing 737 - the drug’s price has soared. Not long ago, a dose of the decades-old generic drug cost little more than a dollar. Now the lowest available price is nearly 20 times that. In 2014, more than 47,000 Americans died from drug overdoses. That was 50% more deaths than from highway accidents ... and more overdose deaths than any year on record. The overdose crisis has its roots in the 1990s, when doctors began prescribing more and higher doses of painkillers [in response] to campaigns, often funded behind the scenes by drug makers, that urged doctors to prescribe the strongest painkillers not just to cancer patients and others in severe pain, but also to those with milder pain. The narcotic manufacturers’ funding of those campaigns ... came to light through evidence unearthed in lawsuits and investigative journalism reports. Since 1999, the amount of prescription opioids such as oxycodone, morphine and hydrocodone sold in the U.S. nearly quadrupled. During that same time, deaths from those drugs quadrupled. The lethal side effects of that booming prescription painkiller market has now sparked a moneymaking opportunity with naloxone.

Note: Tens of thousands of deaths are caused by prescription opioid overdose in the US each year. If Big Pharma sees this as an opportunity to profit, what does that say about the healthcare system?


How Big Pharma Uses Charity Programs to Cover for Drug Price Hikes
2016-05-19, Bloomberg
Posted: 2016-07-24 22:47:26
http://www.bloomberg.com/news/articles/2016-05-19/the-real-reason-big-pharma-...

In August 2015, Turing Pharmaceuticals and its then-chief executive, Martin Shkreli, purchased a drug called Daraprim and immediately raised its price more than 5,000 percent. Within days, Turing contacted ... PSI, a charity that helps people meet the insurance copayments on costly drugs. Turing wanted PSI to create a fund for patients with toxoplasmosis, a parasitic infection that is most often treated with Daraprim. Having just made Daraprim much more costly, Turing was now offering to make it more affordable. But this is not a feel-good story. It’s a story about why expensive drugs keep getting more expensive, and how U.S. taxpayers support a billion-dollar system in which charitable giving is, in effect, a very profitable form of investing for drug companies - one that may also be tax-deductible. PSI, which runs similar programs for more than 20 diseases, jumped at Turing’s offer. PSI is a patient-assistance charitable organization, commonly known as a copay charity. It’s one of seven large charities ... offering assistance to some of the 40 million Americans covered through the government-funded Medicare drug program. A million-dollar contribution from a pharmaceutical company to a copay charity can keep hundreds of patients from abandoning a newly pricey drug. Fueled almost entirely by drugmakers’ contributions, the seven biggest copay charities, which cover scores of diseases, had combined contributions of $1.1 billion in 2014. For that $1 billion in aid, drug companies “get many billions back” from insurers.

Note: For more along these lines, see concise summaries of deeply revealing pharmaceutical industry corruption news articles from reliable major media sources.


Flu shot effectiveness for 2015-16 disappointing, data shows
2016-07-10, CBC (Canada's public broadcasting system)
Posted: 2016-07-17 20:18:46
http://www.cbc.ca/news/canada/canada-flu-shot-vaccine-skowronski-h1n1-1.3669427

It's the time of year when experts crunch the numbers to see how well the flu shot worked. The result? Better than last year, but still not good enough. "Just shy of 45 to 50 per cent," said Dr. Danuta Skowronski of the BC Centre for Disease Control, who presented the data to the Global Influenza Vaccine Effectiveness meeting at the World Health Organization last week. In 2014-15, the flu shot offered essentially zero protection against the circulating influenza virus of that season. Back then, the prevailing strain was H3N2. This year's main circulating virus was H1N1. Skowronski said the vaccine was ... disappointing. Experts used to believe the annual flu shot protection was much higher, around 70 to 90 per cent. But not anymore. Those early estimates were based on industry-funded clinical trials that were extrapolated to apply across all ages and flu seasons. "It was a blanket assumption that is simply not true," Skowronski said. That assumption changed dramatically, after Skowronski and colleagues developed a protocol that revealed the true picture of vaccine efficacy. It's called the test negative design (TND) first piloted in Canada in 2004. "The test negative design has opened our eyes to all kinds of variables that we were blind to for years," said Skowronski. Scientists also once again observed [that] people who get the shot with no prior vaccine exposure seem to have better protection than people who get the shot year after year.

Note: A National Institute of Health study found in 2007 that flu shots do not protect the elderly. More recent studies have shown that some flu shots actually increase the risk of infection. For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.


Eric Holder’s Longtime Excuse for Not Prosecuting Banks Just Crashed and Burned
2016-07-12, The Intercept
Posted: 2016-07-17 20:12:25
https://theintercept.com/2016/07/12/eric-holders-longtime-excuse-for-not-pros...

Eric Holder has long insisted that he tried really hard when he was attorney general to make criminal cases against big banks in the wake of the 2007 financial crisis. [Yet Holder] held his department back [according to] a new, thoroughly-documented report from the House Financial Services Committee. Prosecutors in 2012 wanted to criminally charge the global bank HSBC for facilitating money laundering for Mexican drug lords and terrorist groups. But Holder said no. In September 2012, the Justice Department’s Asset Forfeiture and Money Laundering Section (AFMLS) formally recommended that HSBC be prosecuted for its numerous financial crimes. From 2006 to 2010, HSBC failed to monitor billions of dollars of U.S. dollar purchases with drug trafficking proceeds in Mexico. It also conducted business going back to the mid-1990s on behalf of customers in Cuba, Iran, Libya, Sudan, and Burma, while they were under sanctions. Such transactions were banned by U.S. law. AFMLS Chief Jennifer Shasky wanted to seek a guilty plea for violations of the Bank Secrecy Act. On November 7, Holder presented HSBC with a “take it or leave it” offer of a deferred prosecution agreement, which would involve a cash settlement and future monitoring of HSBC. No guilty plea was required. HSBC [then] successfully negotiated to have individual executives immunized from prosecution. Lack of desire at the highest levels of the Justice Department was ... the primary reason that no prosecutions took place.

Note: While attorney general of the United States, Eric Holder consistently refused to prosecute Wall Street. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the financial industry.


New court documents suggest others at Penn State knew of Jerry Sandusky abuse
2016-07-12, Washington Post
Posted: 2016-07-17 20:09:41
https://www.washingtonpost.com/sports/colleges/new-court-documents-suggest-ot...

In 2014, a man testified that Penn State football coach Joe Paterno ignored his complaints of a sexual assault committed by assistant coach Jerry Sandusky in 1976 when the man was a 14-year-old boy, according to court documents unsealed Tuesday. Four other former assistant football coaches at the school also were aware of Sandusky acting inappropriately with boys before law enforcement was first notified in 1998, according to testimony contained in the documents. The allegations suggest that Paterno may have been made aware of Sandusky’s actions far earlier than has previously been reported, and that knowledge of Sandusky’s behavior may have been far more widespread among the Penn State football staff than previously known. The trove of documents unsealed Tuesday came from a legal dispute between the university and an insurance company over the responsibility for nearly $93 million the school paid in settlements with victims. Additionally, the Paterno family is suing the NCAA for defamation and commercial disparagement; the NCAA is considering using some of the information released Tuesday in its defense. In the Penn State community, an alumni group is pushing for a bronze statue of Paterno to be restored on campus, and for the university to repudiate a 2012 report by former FBI director Louis Freeh that blamed Paterno, other university leaders and a “culture of reverence for the football program” for Sandusky’s rampant sexual abuse.

Note: Read more about how senior Penn State officials covered up Sandusky's crimes due to fears of bad publicity. Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.


The New Sex Abuse Scandal: 2,400 Doctors Implicated by Patients
2016-07-06, ABC News
Posted: 2016-07-11 17:14:07
http://abcnews.go.com/US/sex-abuse-scandal-2400-doctors-implicated-patients/s...

More than 2,400 U.S. doctors have been sanctioned for sexually abusing their patients, according to a new report that, for the first time, surveyed records from all 50 states and reveals the nationwide scope of a problem that may be almost as far-reaching as the scandal involving Catholic priests. State medical boards, which oversee physicians, allowed more than half the sanctioned doctors to keep their licenses even after the accusations of sexual abuse were determined to be true, according to a yearlong investigation by The Atlanta Journal-Constitution. “We found a culture of secrecy,” said Carrie Teegardin, a reporter on the paper’s investigative team. Even after being convicted of sex crimes and losing their licenses, doctors are often able to reapply to practice again. The Journal-Constitution investigation began with a story about one Georgia doctor that led to efforts to document the problem nationwide. By combing through news reports, state medical board records and court files going back 16 years, the Journal-Constitution's reporters compiled a list of physicians who were either convicted in criminal cases or disciplined by state medical boards. Many of the doctors were accused by large numbers of their patients, in most cases females being seen by male doctors. “One thing we found that was shocking to us is some of these doctors are the most prolific sex offenders in the country, with hundreds and, in some cases, thousands of victims,” Teegardin said.

Note: For more on this, see this excellent article from Atlanta's leading newspaper. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.


G.M.O.s in Food? Vermonters Will Know
2016-06-30, New York Times
Posted: 2016-07-11 17:11:57
http://www.nytimes.com/2016/07/01/business/gmo-labels-vermont-law.html?_r=0

Nearly all food labels in Vermont are now required to disclose when products include genetically engineered ingredients. The requirement, passed two years ago, became effective on Friday. The rule is the first of its kind in the United States, and although it applies only within the tiny state, it is having national impact. Most major food and beverage companies have already added language to their labels to meet the new rule, rather than deal with the logistical hassle of having separate labels for different states. But not all the same products will definitely be on shelves. Vermont’s law requires the labeling of most packaged grocery products as well as any whole fruits or vegetables produced with genetic engineering. That means virtually all products containing derivatives of crops like corn, soy, canola and sugar from sugar beets will need labels, as most of those crops in the United States are grown from genetically modified seeds. Vermont’s law is careful, however, to exclude cheese, a big business in the state. The law also exempts meat from animals that have eaten feed made from genetically engineered grains. The labeling issue has generated heavy and frantic lobbying by the Grocery Manufacturers Association and the trade groups representing major commodity producers of crops like soy and corn, who have wanted a federal law that would prevent mandatory labels.

Note: On July 8, the US Senate passed a bill which allows food companies to continue to avoid clear GMO ingredient labeling. Let's hope it does not pass the full Congress and become a law. For more along these lines, see concise summaries of deeply revealing food industry corruption and GMO news articles from reliable major media sources.


Latin America is the World's Deadliest Region for Environmental Activists
2016-06-24, Scientific American
Posted: 2016-07-03 14:49:42
http://www.scientificamerican.com/article/latin-america-is-the-world-s-deadli...

On September 18, 2015, Guatemalan professor Rigoberto Lima Choc awaited a judge’s decision on an issue he had been the first to uncover: A company was polluting the waters of La Pasión River. Lima Choc had not only documented and reported the problem but had also taken journalists and photographers to witness the fish slaughter. That day, as he walked down the steps of the courthouse, two men on a motorcycle approached and fired at him. He died on the spot. Lima Choc’s death is, sadly ... not an exception. Through 2015 a worldwide total of 185 murders of this kind were documented by the nongovernmental organization Global Witness. A detailed report on these deaths ... implies a significant growth from one year to the next. Latin America had the dubious honor of being the region with the highest number of conservationist murders - 122; Brazil took the lion’s share with 50 killings. Indigenous communities are especially vulnerable, and it is there where most environmental activists are killed. Just a few cases [leave] a documented record. Osvaldo Durán, spokesman of the Costa Rica–based Federation for the Conservation of the Environment ... points out that many times the government does nothing to defend people or groups under attack; and that sometimes it even orchestrates disinformation campaigns. Duran says, “The economic model ... requires a fusion of interests between [the] state and corporations. This is when you see the state defending private interests instead of communities.”

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.


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