Government Corruption Media ArticlesExcerpts of Key Government 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.
Leana Wen created the “Who’s My Doctor” campaign last year. The effort ... goes a step further than the federal government’s mandate requiring physicians to disclose all money they receive from drug companies. Last month, the Centers for Medicare & Medicaid Services released data that outlined the $3.5 billion that companies paid to the nation’s doctors. The Open Payments database ... was heavily opposed by physician groups and pharmaceutical companies. “Incentives matter,” said Wen in a recent TED talk, “If you go to your doctor because of back pain, you might want to know he’s getting paid $5,000 to perform spine surgery versus $25 to refer you to see a physical therapist.” As part of the “Who’s My Doctor” effort, each physician voluntarily publishes a “Total Transparency Manifesto,” which ... flows into a searchable database that prospective patients can use. One year after starting the project, only 34 “transparent doctors” are listed on the website. There are many more who were less than pleased. “I thought some doctors would sign on and others wouldn’t, but I had no idea of the backlash that would ensue,” she said in her TED talk. The criticism quickly went beyond online comments. Soon, people were asking Wen’s employer to fire her, and sending mail to her home address with threats.
Police are investigating possible murders linked to Elm Guest House in south-west London after claims of a cover-up. A number of allegations have been made. So far the only politician to have been implicated is the Liberal MP Cyril Smith, who died in 2010, but other unnamed politicians were also alleged to have been involved in a Westminster paedophile ring. Smith is alleged to have abused boys at Knowl View residential school in Rochdale and at Elm Guest House, in Barnes in south-west London, in the 1970s and 80s. Greater Manchester police are investigating allegations of abuse by Smith at Knowl View, where Smith was a governor. Other MPs were said to have attended the Elm Guest House. After claims made by the Labour MP Tom Watson in 2012, the Metropolitan police launched Operation Fairbank into child abuse at the guesthouse. Watson said there was “clear intelligence suggesting a powerful paedophile network linked to parliament and No 10”. A dossier of evidence of an alleged paedophile ring, involving several MPs, including Smith, and other public figures, was handed to the Home Office in 1983, by the Conservative MP Geoffrey Dickens, who died in 1995. The 40-page dossier has since been destroyed or lost, according to a Home Office review. At least three MPs were reported to have been questioned in 1982 after a police raid on the guesthouse. It was reported at the time that it was being used as a brothel where children as young as 10 were abused. Two children living in the house were taken into care.
Note: Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals also reach to the highest levels of government in the US. And read an abundance of major media news articles showing rampant child sexual abuse at high levels in many prominent organizations.
The Federal Reserve's Board of Governors and the New York Fed have been responsible for supervising Wall Street banks. After the 2008 crisis and the regulatory lapses it revealed, Congress gave the Fed even more oversight authority. Two recent reports highlight that the Fed isn’t very good at supervising certain banks. In September, Carmen Segarra, a former bank examiner at the Federal Reserve Bank of New York, released secret recordings she had made of meetings at the New York Fed in 2012. The recordings revealed that New York Fed employees had identified concerns with a proposed Goldman Sachs deal. The New York Fed didn’t attempt to make Goldman address these concerns. The recordings also showed Ms. Segarra’s superiors pressuring her to soften her finding that Goldman did not comply with federal regulations on conflicts of interest. An October report from the Fed’s Office of Inspector General provided additional confirmation that the Fed is failing to oversee the big banks. The report found that the New York Fed had failed to examine J.P. Morgan Chase’s Chief Investment Office despite a recommendation to do so in 2009. The report concluded that the New York Fed needed to improve its supervision of the biggest, most complex banks. We’re all counting on the Fed to monitor the big banks and stop them from taking on too much risk, but evidence is mounting that this faith in the Fed is misplaced.
Note: If the above link fails, click here. For more along these lines, see these concise summaries of deeply revealing articles about widespread corruption in government and banking and finance. For additional information, see the excellent, reliable resources provided in our Banking Corruption Information Center.
From his desk in Lower Manhattan, a banker at Goldman Sachs thumbed through confidential documents — courtesy of a source inside the United States government. The banker came to Goldman through the so-called revolving door ... that connects financial regulators to Wall Street. He joined in July after spending seven years as a regulator at the Federal Reserve Bank of New York, the government’s front line in overseeing the financial industry. He received the confidential information, lawyers briefed on the matter suspect, from a former colleague who was still working at the New York Fed. The previously unreported leak, recounted in interviews with the lawyers briefed on the matter who spoke anonymously ... illustrates the blurred lines between Wall Street and the government. When Goldman hired the former New York Fed regulator, who is 29, it assigned him to advise the same type of banks that he once policed. And the banker obtained confidential information [that] provided Goldman a window into the New York Fed’s private insights. The emergence of the leak comes as questions mount about a perceived coziness between the New York Fed and Wall Street banks — Goldman in particular. Revelations from a former New York Fed employee, Carmen Segarra, recently stoked that debate. Ms. Segarra released taped conversations suggesting that her supervisors went soft on Goldman. The new accounts of a regulator and a banker actually sharing confidential documents — violating a cardinal rule of the regulatory world — suggest that ... Goldman, perhaps more than any other Wall Street bank, appears to be entwined with the New York Fed.
Note: For more along these lines, see these concise summaries of deeply revealing articles about widespread corruption in government and banking and finance. For additional information, see the excellent, reliable resources provided in our Banking Corruption Information Center.
Organised child sex abuse is widespread in England, a report by MPs on the Rotherham exploitation scandal says. Their report said: "On the evidence we took, the alarming conclusion is that Rotherham was not an outlier and that there is a widespread problem of organised child sexual exploitation in England." The MPs inquiry was prompted by a report by Prof Alexis Jay, which revealed up to 1,400 children were estimated to have been victims of abuse in Rotherham between 1997 and 2013. Ofsted, which carried out a series of inspections during the period, said it had introduced a "more rigorous inspection framework". The parliamentary committee called for an investigation into missing files at the council and said council officials "should be held accountable for their actions." In a statement, Ofsted said it welcomed "the opportunity to give evidence to the committee. In common with a number of organisations, we accept that past inspections may not have given child sexual exploitation the forensic focus it needed and deserved," it said.
Note: Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. And read an abundance of major media news articles showing rampant child sexual abuse at high levels in many prominent organizations.
It has been more than two years since The New York Times revealed that “Mr. Obama embraced a disputed method for counting civilian casualties” of his drone strikes which “in effect counts all military-age males in a strike zone as combatants ... unless there is explicit intelligence posthumously proving them innocent.” The paper noted that “this counting method may partly explain the official claims of extraordinarily low collateral deaths,” and even quoted CIA officials as deeply “troubled” by this decision. After the Times article, most large western media outlets continued to describe completely unknown victims of U.S. drone attacks as “militants” — even though they (a) had no idea who those victims were or what they had done and (b) were well-aware by that point that the term had been “re-defined” by the Obama administration. Like the U.S. drone program itself, this deceitful media practice continues unabated. The U.S. government itself —let alone the media outlets calling them “militants”— often has no idea who has been killed by drone strikes in Pakistan. The Intercept previously reported that targeting decisions can even be made on the basis of nothing more than metadata analysis and tracking of SIM cards in mobile phones. Just last month, the Bureau of Investigative Journalism documented that “fewer than 4% of the people killed have been identified by available records as named members of al Qaeda.”
A system Congress established to speed help to Americans harmed by vaccines has instead heaped additional suffering on thousands of families. The system is not working as intended. The AP read hundreds of decisions, conducted more than 100 interviews, and analyzed a database of more than 14,500 cases filed in a special vaccine court. Among the findings: Private attorneys have been paid tens of millions of taxpayer dollars even as they clog the court. The court offers a financial incentive to over-file — unlike typical civil court cases. Prominent attorneys have enlisted expert witnesses whose own work has been widely discredited, including one who treated autism with a potent drug used to chemically castrate serial rapists. Many doctors hired by the government to defend vaccine safety in court have ties to the pharmaceutical industry. Cases are supposed to be resolved within 240 days, with options for another 150 days of extensions. Less than 7 percent of 7,876 claims not involving autism met the 240-day target. Add in autism claims, which were postponed so the court could hear all of them at once, and just 4.5 percent took fewer than 240 days. Hundreds have surpassed the decade mark. Several people died before getting any money.
Note: The secret court that shields big pharma from legal liability for selling harmful vaccines is described in this 2009 Wall Street Journal news article. For more along these lines, see concise summaries of deeply revealing news articles on vaccines from reliable major media sources showing huge corruption and deception.
The US justice department is reportedly using electronic equipment on aircraft to simulate cellphone towers so it can collect phone location and identifying information on a mass scale from users on the ground below. The US Marshals Service has for seven years flown Cessna aircraft ... that mimic cellular towers, permitting the collection of thousands of unique IDs and location data from users. The planes operate from at least five metropolitan airports, permitting a “flying range covering most of the US population”. [This] indiscriminate collection would permit ... justice department agencies to avoid having to seek records from the phone companies themselves, especially in criminal investigations where a court order may be required. The legal basis for the previously undisclosed program is unclear. It is not reportedly a national security or counterterrorism program. Michael German, a former FBI agent now with New York University Law School, said: “The government’s attitude seems to be if it can, it should, without regard to the violation of Americans’ rights, so long as nobody knows. This program is being kept secret so that the thousands of innocent Americans whose data is being collected improperly won’t complain. We shouldn’t have to just trust that the government will handle the data it intercepts about our communications properly.”
State officials allowed oil and gas companies to pump nearly three billion gallons of waste water into underground aquifers that could have been used for drinking water or irrigation. Those aquifers are supposed to be off-limits to that kind of activity, protected by the EPA. California’s Department of Conservation’s Chief Deputy Director, Jason Marshall, told NBC Bay Area, “There have been past issues where permits were issued to operators that they shouldn’t be injecting into those zones." In “fracking” or hydraulic fracturing operations, oil and gas companies use massive amounts of water to force the release of underground fossil fuels. The practice produces large amounts of waste water that must then be disposed of. Marshall said that often times, oil and gas companies simply re-inject that waste water back deep underground where the oil extraction took place. But other times, Marshall said, the waste water is re-injected into aquifers closer to the surface. In the State’s letter to the EPA, officials admit that in at least nine waste water injection wells, the waste water was injected into “non-exempt” or clean aquifers. For the EPA, “non-exempt” aquifers are underground bodies of water that are “containing high quality water” that can be used by humans to drink, water animals or irrigate crops. "It should not have been permitted,” said Marshall.
Note: The complete article summarized above includes maps of the Bakersfield, CA wells contaminated by these fracking waste injections. For more along these lines, read this Los Angeles Times article about how fracking poisons drinking water, and see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
Police are investigating "possible homicide" linked to what has been described as a paedophile ring involving powerful people in the 1970s and 1980s. The group is alleged to have included senior figures in public life, the military, politics and law enforcement. A key witness who has spoken to police has told the BBC that he was abused for nine years as a boy. The Metropolitan Police said, "At this early stage in this inquiry, with much work still to do, it is not appropriate to issue appeals or reveal more information." Using the name "Nick", the alleged victim said he had given three days of video-taped evidence to detectives. His accounts are being assessed as part of ... a new Scotland Yard investigation. Nick, now in his 40s, says ... the group was "very organised" and would arrange for chauffeur-driven cars to pick up boys, sometimes from school, and drive them to "parties" or "sessions" at locations including hotels and private apartments in London and other cities. "Some of them were quite open about who they were. They had no fear at all of being caught, it didn't cross their mind." Nick said he had one motivation for speaking to the BBC - to encourage other alleged victims or those who unwittingly assisted the abusers to come forward. "People who drove us around could come forward. Staff in some of the locations could come forward. We weren't smuggled in under a blanket through the back door. It was done openly and people must have questioned that and they need to come forward."
Note: Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. And read an abundance of major media news articles showing rampant child sexual abuse at high levels in many prominent organizations.
A scathing examination of this city’s Police Department has concluded that five detectives tasked with investigating sex crimes failed to pursue hundreds of reported cases. “It was a persistent, systemic problem,” said Howard Schwartz, the inspector general’s lead investigator. The report described how victims’ charges of sexual assault were ignored, referrals from medical personnel were dismissed, and evidence was not processed; in some cases the detective would mark down in a report that evidence had been sent to the state laboratory, though no records could be found that the laboratory received anything. In one case, a 2-year-old was brought to the emergency room on suspicion of having been the victim of a sexual assault and was found to have a sexually transmitted disease. The detective did no follow-up and closed the case. In another, a nurse collected DNA evidence from a victim in a rape kit, but the detective apparently never submitted the kit for testing. That same detective, the report said, told at least three different people that he or she “did not believe that simple rape should be a crime.” These findings are not new to the New Orleans police force, which is under federal court supervision after having been found to have a pattern of inefficient, abusive and corrupt police work.
U.S. violent crimes including murders fell 4.4 percent in 2013 to their lowest number since the 1970s, continuing a decades-long downturn, the FBI said on Monday. The law enforcement agency's annual Crime in the United States report showed the country had an estimated 1.16 million violent crimes last year, the lowest number since 1.09 million were recorded in 1978. All types of violent crimes were lower, with murder and non-negligent manslaughter off 4.4 percent to 14,196, the lowest figure since 1968. Rape was down 6.3 percent and robbery fell 2.8 percent, the Federal Bureau of Investigation data showed. The violent crime rate last year was 367.9 for each 100,000 in population, down 5.1 percent from 2012. The rate has fallen every year since at least 1994, the earliest year for readily accessible FBI data, and the 2013 figure was about half the 1994 rate. Property crimes fell 4.1 percent ... the 11th straight yearly decline. In an analysis, the non-profit Pew Charitable Trusts said the drop in crime coincided with a decline in the prison population, with the number of U.S. prisoners down 6 percent in 2013 from its peak in 2008. Thirty-two of the 50 states have seen a drop in crime rates as the rate of imprisonment fell, Pew said. California notched the largest drop in imprisonment rate over the five-year period, at 15 percent, and crime was down 11 percent. The state has been under court order to reduce prison overcrowding, and voters last week approved an initiative that reduced sentences for some crimes.
Note: Why isn't this inspiring news being broadcast widely by the media? And why hasn't the FBI website updated their data on this since 2010? The police and media appear to consistently downplay the huge drop in violent crime since 1994. According to the FBI's own statistics, violent crime has currently dropped to 1/3 or less what it was in 1994. See the revealing FBI graphs and charts here, here, and here. Yet some of these charts have now been removed and mention of this huge decrease downplayed. The obvious reason is that a large decrease in crime might cause people to want to decrease police and FBI budgets. More here.
Drugmakers including Mapp Biopharmaceutical Inc., Johnson & Johnson and Emergent Biosolutions Inc. (EBS) are among companies standing to gain from what may be $2 billion in U.S. contracts related to Ebola. President Barack Obama asked Congress last week for $6.2 billion in emergency funding to stop the spread of the virus that has killed more than 4,800 people in West Africa. The request is heavily focused on health needs as opposed to prior funding that was largely centered on defense contracts, Brian Friel, a Bloomberg Intelligence contracts analyst, said. Friel said he expects multiple drugmakers involved in Ebola will share in what will likely be no-bid contract awards to “make everyone happy.” His $2 billion estimate is based on the percentage of its budget the Department of Health and Human Services spent on contracts last year. Little information is available yet about which companies are getting Ebola-related public funding. Congress has approved $838 million in Ebola money this year, resulting in $77 million in contracts so far. Not all awards have been made public. The U.S. has spent more than $400 million as of Oct. 24.
Note: Read this webpage which lays bare the gross profiteering by pharmaceuticals on pandemics like ebola as reported in the mainstream media.
Olympic National Park and Olympic National Forest in Washington State are ... where the US Navy aims to conduct its Northwest Electromagnetic Radiation Warfare training program. It will fly ... 2,900 training exercises over wilderness, communities and cities across the Olympic Peninsula for 260 days per year, with exercises lasting up to 16 hours per day. No public notices for the Navy's plans were published in any media that directly serve the Olympic Peninsula. But word spread. Public outcry forced the Navy to extend the public comment period until November 28 and schedule more public meetings. According to the US Navy's Information Dominance Roadmap 2013-2028, the Navy states it "will require new capabilities to fully employ integrated information in warfare by expanding the use of advanced electronic warfare." The purpose of these war games is to train to deny the enemy "all possible frequencies of electromagnetic radiation (i.e. electromagnetic energy) for use in such applications as communication systems..." David King, the mayor of Port Townsend, a town on the Northeast corner of the Olympic Peninsula, has voiced his opposition to the plan, along with numerous other public officials. Mike Welding, the Naval Air Station at Whidbey Island spokesman, recently admitted to reporters, "If someone is in the exclusion area for more than 15 minutes, that's a ballpark estimate for when there would be some concern for potential to injure, to receive burns."
Note: We don't generally use truth-out.org as a reliable source, but as no major media are covering this most important development, we're including this article here. To verify this information, please click on some of the links in the article and see the U.S. Navy's "Information Dominance Roadmap".
Civil asset forfeiture ... allows the government, without ever securing a conviction or even filing a criminal charge, to seize property. The practice ... has become a staple of law enforcement agencies because it helps finance their work. Under a Justice Department program, the value of assets seized has ballooned to $4.3 billion in the 2012 fiscal year from $407 million in 2001. From Orange County, N.Y., to Rio Rancho, N.M., forfeiture operations are being established or expanded. Much of the nuts-and-bolts how-to of civil forfeiture is passed on in continuing education seminars for local prosecutors and law enforcement officials, some of which have been captured on video. In the sessions, officials ... offered advice on dealing with skeptical judges, mocked Hispanics whose cars were seized, and ... gave weight to the argument that civil forfeiture encourages decisions based on the value of the assets to be seized rather than public safety. Prosecutors boasted in the sessions that seizure cases were rarely contested or appealed. Civil forfeiture places the burden on owners, who must pay court fees and legal costs. And often the first hearing is presided over not by a judge but by the prosecutor whose office benefits from the proceeds. Mr. McMurtry [chief of the forfeiture unit in the Mercer County, N.J., prosecutor’s office] said his handling of a case is sometimes determined by department wish lists. “If you want the car, and you really want to put it in your fleet, let me know — I’ll fight for it.”
Note: Watch the video at the link above showing a trainer teaching cops how to steal a car that a cop might want legally. For more along these lines, see these concise summaries of deeply revealing government corruption and civil liberties news articles from reliable sources.
With organic food growers reporting double-digit growth in U.S. sales each year, producers are challenging a proposed California pest-management program they say enshrines a pesticide-heavy approach for decades to come, including compulsory spraying of organic crops at the state’s discretion. The California Department of Food and Agriculture’s pest-management plan says compulsory state pesticide spraying of organic crops would do no economic harm to organic producers, on the grounds that the growers could sell sprayed crops as non-organic instead. “I would rather stop farming than have to be a conventional farmer. I think I am not alone in that,” said Zea Sonnabend, a Watsonville organic apple-grower with California Certified Organic Farmers. The fate of the pest-management plan outlined by the state isn’t a theoretical concern. It’s an immediate issue ... due, in part, to a disease-carrying pest. The disease spread by the Asian citrus psyllid kills citrus trees. California’s $2.4 billion citrus industry has found incursions by the bug. The standard treatment for the citrus pest is conventional pesticides, including neocotinoids linked to the decline of crop-pollinating bees. Organic farmers are asking the state to give more consideration to non-toxic controls, including long-term methods to strengthen crops and habitats in advance against marauding tropical species, said Kelly Damewood, policy director for California Certified Organic Farmers.
Note: Read concise summaries of deeply revealing articles that show bee colony deaths and autism are linked to pesticide exposure. Is compulsory state spraying of these pesticides really in the public's best interest?
The intelligence services have routinely been intercepting legally privileged communications ... according to internal MI5, MI6 and GCHQ documents. The information obtained may even have been exploited unlawfully and used by the agencies in the fighting of court cases in which they themselves are involved, the Investigatory Powers Tribunal (IPT) has been told. MP David Davis, a former shadow home secretary, said past practice was to delete such material immediately if it was ever picked up. 28 extracts of internal intelligence policies showing how legally privileged material is handled by security officials were released to lawyers pursuing a claim through the IPT. The claim has been brought by two Libyans, Abdel-Hakim Belhaj and Sami Al Saadi. They were abducted in a joint MI6-CIA operation and ... tortured by Colonel Muammar Gaddafi’s regime in 2004. Belhaj has been given permission to sue the government for his mistreatment. Davis, who attended the hearing, said: “In the past, when a bug or intercept on a criminal accidentally picked up a conversation with the criminal’s lawyer, the rule was that it was immediately deleted. Today’s hearing shows that is no longer the case. Agencies are clearly keeping records of legal privileged material, and have explicit policies to handle it. In the case of MI5 that policy includes concealing ... that they have the material. This change has been carried out without changing the law or telling parliament. This is an enormous breach of defendants’ judicial rights.”
Note: For more along these lines, see concise summaries of deeply revealing intelligence agency corruption news articles from reliable sources.
(senior federal district judge) Jed A. Rakoff’s essay in The New York Review of Books ... tries to explain why innocent people so often plead guilty. At least 20,000 people have pled guilty to and gone to jail for felonies they did not commit — if you very conservatively take criminologists’ lowest estimates, and cut them in half. Rakoff identifies three ways the criminal justice system obstructs its own “truth seeking mechanism,” a trial by jury: 1. By embracing the increasingly popular plea bargain. 97 percent of federal trials were resolved last year through plea bargain. Plea bargains ... are weighted largely in favor of the prosecutor. The notion that a plea bargain is a contractual mediation between two relatively equal parties, Rakoff argues, “is a total myth”. 2. Through mandatory minimum sentences. The combination of mandatory sentences and prosecutorial discretion forces the defendant [to] run the risk of losing the case and serve the maximum sentence or take a reduced charge, at a reduced sentence, even when innocent. 3. Via the unfettered rise of prosecutorial power. Prosecutors have far more power ... than any other party involved in the criminal justice system. The one mechanism that could check their power is the jury trial, which is becoming “virtually extinct” in federal court, Rakoff writes. One possible solution to all these problems — aside from repealing mandatory minimum sentences and generally reducing the severity of sentences — is greater judicial oversight.
The most disturbing trend in the financing of American political campaigns is not the magnitude of the money being spent. It’s that more and more of that money is not going through the campaigns themselves — where donations must be disclosed and limited — but from nonprofit groups that are being set up for the express purpose of frustrating any attempt to identify their funders. This infusion of “dark money” all but obliterates the post-Watergate notion that Americans have a right to know who is behind ... candidates. In this new world order, various players are operating under different sets of rules — and some seem to be creating their own, aware that this Supreme Court seems disinclined to stop them. We know, for example, that billionaire investor Tom Steyer spent $74 million on behalf of Democratic candidates who were committed to doing something about climate change. There is no exact figure on how much was spent at the other end of the spectrum by the Koch brothers, the conservative oil barons who funnel much of their donations through nonprofits that are not required to list their funding sources under the tax code. A memo by the Koch brothers’ main political arm, leaked to Politico in May, forecast a budget of $125 million in this election. Such obfuscation is becoming more commonplace. The average voter is left without knowing who really is behind these campaigns. But make no mistake: Our elected officials are well aware of their benefactors and their expectations.
Note: For more along these lines, see these summaries of deeply revealing election news articles from reliable sources.
[Alayne] Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion ... to keep the public from hearing. In 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as "massive criminal securities fraud." This past year she watched as Holder's Justice Department struck a series of historic settlement deals with Chase, Citigroup and Bank of America. The root bargain in these deals was cash for secrecy. The idea that Holder had cracked down on Chase was ... fiction. The settlement, says Kelleher, "was ... crafted to bypass the court system. The DOJ and JP-Morgan were trying to avoid disclosure of their dirty deeds." Chase emerged with barely a scratch. The settlement put you, me and every other American taxpayer on the hook. Chase was allowed to treat some $7 billion of the settlement as a tax write-off. The bank's share price soared six percent on news of the settlement. Chase actually made money from the deal. What's more, to defray the cost of this and other fines, Chase last year laid off 7,500 lower-level employees. But no one made out better than [Chase CEO Jamie] Dimon. The board awarded [him] a 74 percent raise. The people who stole all those billions are still in place. And the bank is more untouchable than ever. Mary Jo White and Andrew Ceresny, who represented Chase for some of this case, have since been named to the two top jobs at the SEC.
Note: Read this entire, fascinating article to understand just how corrupt both the banks and our government are. For more along these lines, see these concise summaries of deeply revealing articles about widespread corruption in government and banking and finance. For additional information, see the excellent, reliable resources provided in our Banking Corruption Information Center.
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.