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Corporate Corruption Media Articles
Excerpts of Key Corporate Corruption Media Articles in Major Media


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

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.


From Brussels to Arkansas, a Tough Week for Monsanto
2017-11-09, New York Times
https://www.nytimes.com/2017/11/09/business/eu-arkansas-monsanto-weedkiller.html

Opposition from France and Italy doomed a European Union vote on Thursday to reauthorize the world’s most popular weedkiller, glyphosate, a decision that came hours after Arkansas regulators moved to ban an alternative weedkiller for much of 2018. The decisions are a double blow to the agrochemical industry and particularly to the chemicals giant Monsanto. The effort to reauthorize the weedkiller failed to receive a majority even though regulators were seeking only a five-year reauthorization instead of the typical 15, amid controversy and disputes about cancer risk that have made glyphosate’s future in Europe uncertain. Its approval in the region expires in mid-December. In Arkansas, regulators voted on Wednesday to ban the use of another major weedkiller, dicamba ... amid widespread reports of crop damage. Dicamba has been around for decades, but new versions have been developed by Monsanto, BASF and DuPont as an alternative to Roundup. Taken together, the decisions reflect an increasing political resistance to pesticides in Europe and parts of the United States, as well as the specific shortcomings of dicamba. Dicamba has damaged more than 3.6 million acres of soybean crops in 25 states. The European Union’s decision followed years of haggling and delay. But glyphosate ... has been plunged into controversy since the International Agency for Research on Cancer, part of the World Health Organization, declared it a probable carcinogen in 2015.

Note: Monsanto was recently banned from the European parliament after shunning important hearings with regulators. This company's use of scientists as industry puppets, its lies to regulators and the public and its massive lobbying campaign have not kept information on the risks and dangers of its products from getting out. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


Paradise Papers Shine Light on Where the Elite Hide Their Money
2017-11-05, New York Times
https://www.nytimes.com/2017/11/05/world/paradise-papers.html

It’s called the Paradise Papers: the latest in a series of leaks made public by the International Consortium of Investigative Journalists shedding light on the trillions of dollars that move through offshore tax havens. The core of the leak, totaling more than 13.4 million documents, focuses on the Bermudan law firm Appleby, a 119-year old company that caters to blue chip corporations and very wealthy people. As with the Panama Papers, the Paradise Papers leak came through ... the German newspaper Süddeutsche Zeitung and was then shared with I.C.I.J., a Washington-based group that won the Pulitzer Prize for reporting on the millions of records of a Panamanian law firm. The release of that trove of documents led to the resignation of one prime minister last year. This week, The New York Times is publishing articles on the Paradise Papers that were reported in cooperation with our I.C.I.J. partners. The predominantly elite clients of Appleby contrast with those of Mossack Fonseca - the company whose leaked records became the Panama Papers - which appeared to be less discriminating in the business it took on. Americans - companies and people - dominate the list of clients. Past disclosures, such as the 2013 “Offshore Leaks” from two offshore incorporators in Singapore and the British Virgin Islands, the 2015 “Swiss Leaks” from a private Swiss bank owned by the British bank HSBC and another leak in 2016 from the Bahamas were dominated by clients not from the United States.

Note: A directory of several New York Times articles detailing specific revelations from the Paradise Papers is available at the link above. In the US, many large companies pay little or no federal taxes, and former tax lobbyists now write the rules on tax dodging. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.


On YouTube Kids, Startling Videos Slip Past Filters
2017-11-04, New York Times
https://www.nytimes.com/2017/11/04/business/media/youtube-kids-paw-patrol.html

Parents and children have flocked to Google-owned YouTube Kids since it was introduced in early 2015. The app’s more than 11 million weekly viewers are drawn in by its seemingly infinite supply of clips, including those from popular shows by Disney and Nickelodeon, and the knowledge that the app is supposed to contain only child-friendly content that has been automatically filtered from the main YouTube site. But the app contains dark corners, too, as videos that are disturbing for children slip past its filters, either by mistake or because bad actors have found ways to fool the YouTube Kids algorithms. In recent months, parents ... have complained that their children have been shown videos with well-known characters in violent or lewd situations and other clips with disturbing imagery, sometimes set to nursery rhymes. Many have taken to Facebook to warn others, and share video screenshots showing moments ranging from a Claymation Spider-Man urinating on Elsa of “Frozen” to Nick Jr. characters in a strip club. While the offending videos are a tiny fraction of YouTube Kids’ universe, they are another example of the potential for abuse on digital media platforms that rely on computer algorithms, rather than humans, to police the content that appears in front of people - in this case, very young people. And they show, at a time when Congress is closely scrutinizing technology giants, how rules that govern at least some of the content on children’s television fail to extend to the digital world.

Note: Read a much more in-depth article on serious problems with kids videos on the Internet.  For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.


A Weed Killer Is Increasingly Showing Up in People's Bodies
2017-10-26, Time
http://time.com/4993877/weed-killer-roundup-levels-humans/

The latest study to look at the long-term effects of Roundup, a popular weed killer developed by Monsanto in the 1970s, raises questions about the herbicide’s possible contributions to poor health. The study ... tracked people over the age of 50 in southern California from 1993-1996 to 2014-2016, with researchers periodically collecting urine samples. The percentage of people who tested positive for a chemical called glyphosate, which is the active ingredient in the herbicide Roundup, shot up by 500% in that time period. The levels of glyphosate also spiked by 1208% during that time. Exactly what that means for human health isn’t quite clear yet. One trial from the UK, in which rats were fed low levels of glyphosate throughout their lives, found that the chemical contributed to ... a condition in which fat accumulates in the liver and contributes to inflammation and scarring of the tissue. [Researcher Paul] Mills says that the levels of glyphosate documented in the people in his study were 100-fold greater than those in the rats. Mills says the findings should make people more aware of what they are ingesting along with their food. While Roundup was developed to eliminate most weeds from genetically modified crops - and thus reduce the amount of pesticides sprayed on them - recent studies have found that many weeds are now resistant to Roundup. That means growers are using more Roundup, which could only exacerbate potential negative health effects on people who consume those products.

Note: Glyphosate is the most heavily used agricultural chemical in human history. According to a recent UN report, "the assertion promoted by the agrochemical industry that pesticides are necessary to achieve food security is not only inaccurate, but dangerously misleading." For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


Drug company founder John Kapoor arrested for alleged opioid scheme
2017-10-26, CBS News
https://www.cbsnews.com/news/drug-company-founder-john-kapoor-arrested-for-al...

Federal agents arrested the founder of a major drug company in an early-morning raid Thursday on charges stemming from an alleged scheme to get doctors to illegally prescribe a powerful opioid to patients who don't need it. John Kapoor ... is the billionaire founder and former CEO of the pharmaceutical company Insys Therapeutics. He faces charges including racketeering, conspiracy, bribery and fraud. Kapoor is the most significant pharmaceutical executive to be criminally charged in response to the nationwide opioid crisis. Kapoor stepped down as CEO of Insys in January but still serves on its board. The company makes a spray version of fentanyl, a highly addictive opioid intended only for cancer patients. Authorities allege Insys marketed the drug as part of a scheme to get non-cancer doctors to prescribe it. Numerous physicians were allegedly paid bribes by the company to push the painkilling drug. Insys made 18,000 payments to doctors in 2016 that totaled more than $2 million. Headache doctors, back pain specialists and even a psychiatrist ... received thousands of dollars to promote the drug last year. Last December, six other Insys executives were indicted on federal charges in Boston in connection with the alleged scheme to bribe doctors to unnecessarily prescribe the painkilling drug.

Note: For more along these lines, see concise summaries of deeply revealing news articles on pharmaceutical industry corruption and health.


Monsanto Faces Blowback Over Cancer Cover-Up
2017-10-24, Der Speigel (One of Germany's leading newspapers)
http://www.spiegel.de/international/world/monsanto-papers-reveal-company-cove...

Monsanto is under fire because the company's herbicide, Roundup (active ingredient: glyphosate), is suspected of being carcinogenic. The longstanding dispute about glyphosate has been brought to a head by the release of explosive documents. Monsanto's strategies for whitewashing glyphosate have been revealed in internal e-mails, presentations and memos. Even worse, these "Monsanto Papers" suggest that the company doesn't even seem to know whether Roundup is harmless to people's health. "You cannot say that Roundup is not a carcinogen," Monsanto toxicologist Donna Farmer wrote in one of the emails. "We have not done the necessary testing on the formulation to make that statement." The email ... is one of more than 100 documents that a court in the United States ordered Monsanto to provide as evidence after about 2,000 plaintiffs demanded compensation from Monsanto in class-action suits. They claim that Roundup has caused non-Hodgkin's lymphoma, a form of lymph node cancer. "The Monsanto Papers tell an alarming story of ghostwriting, scientific manipulation and the withholding of information," says Michael Baum, a partner in [a] law firm ... bringing one of the US class actions. Monsanto ... also behaved irresponsibly when it comes to the question of Roundup's absorption into the body. Back in 2002, the company's experts discovered that "between 5 and 10 percent" of the substance penetrated the skin of rats. As a consequence, the author of the email wrote: "We decided thus to STOP the study."

Note: Monsanto was recently banned from the European parliament after shunning important hearings with regulators. This company's use of scientists as industry puppets, its lies to regulators and the public and its massive lobbying campaign have not kept information on the risks and dangers of its products from getting out. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


Bill Gates and Steve Jobs Raised Their Kids Tech-Free — And It Should've Been a Red Flag
2017-10-24, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/life-style/gadgets-and-tech/bill-gates-and-steve...

Psychologists are quickly learning how dangerous smartphones can be for teenage brains. Research has found that an eighth-grader's risk for depression jumps 27% when he or she frequently uses social media. Kids who use their phones for at least three hours a day are much more likely to be suicidal. And recent research has found the teen suicide rate in the US now eclipses the homicide rate, with smartphones as the driving force. But the writing about smartphone risk may have been on the wall for roughly a decade, according to educators Joe Clement and Matt Miles, coauthors of the recent book "Screen Schooled: Two Veteran Teachers Expose How Technology Overuse is Making Our Kids Dumber." It should be telling, Clement and Miles argue, that the two biggest tech figures in recent history - Bill Gates and Steve Jobs - seldom let their kids play with the very products they helped create. "What is it these wealthy tech executives know about their own products that their consumers don't?" the authors wrote. The answer, according to a growing body of evidence, is the addictive power of digital technology. Gates, the former CEO of Microsoft ... didn't let his kids get cell phones until they turned 14. Jobs, who was the CEO of Apple until his death in 2012 ... prohibited his kids from using the newly-released iPad. "It's interesting to think that in a modern public school, where kids are being required to use electronic devices like iPads," the authors wrote, "Steve Jobs's kids would be some of the only kids opted out."

Note: Silicon Valley uses "brain hacking" to make new products more addictive. Such techniques add to a vast arsenal of behavior modification technologies developed by government and industry to control people. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.


How big pharma's money – and its politicians – feed the US opioid crisis
2017-10-19, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2017/oct/19/big-pharma-money-lobbying-us-...

Trump’s nominee for drug czar, the US congressman Tom Marino, was forced to withdraw after a report by the Washington Post and CBS’s 60 Minutes highlighted his role in forging legislation that hinders the DEA’s ability to move against drug distributors or pharmacies recklessly dispensing the opioid painkillers at the heart of the epidemic, which claims more than 100 lives a day. Marino’s acceptance of substantial donations from those same companies compromised his nomination to head the federal agency charged with tackling the opioid crisis. But for Congress, the process was nothing unusual. Hundreds of millions of dollars flow to lobbyists and politicians on Capitol Hill each year to shape laws and policies that keep drug company profits growing. The impact of so much drug company money coursing through the veins of Congress is often incremental or largely unseen by the American public. But on occasion it has a hugely visible impact. While lobbying shapes medical policy across the board, it has had a profound impact on the opioid epidemic as deaths quadrupled between 1999 and 2015. The pharmaceutical industry poured resources into attempting to place blame for the crisis on the millions who have became addicted instead of on the mass prescribing of powerful opioids. Some of the pressure came through industry-funded groups such as the Pain Care Forum, which spent $740m over a decade lobbying in Washington and state legislatures against limits on opioid prescribing.

Note: This excellent article has lots more on the intense level of corruption found in this opioid crisis. For more, see concise summaries of deeply revealing news articles on corruption in government and in the pharmaceutical industry.


Malta car bomb kills Panama Papers journalist
2017-10-16, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2017/oct/16/malta-car-bomb-kills-panama-pap...

The journalist who led the Panama Papers investigation into corruption in Malta was killed. Daphne Caruana Galizia died on Monday afternoon when her car ... was destroyed by a powerful explosive device. A blogger whose posts often attracted more readers than the combined circulation of the country’s newspapers, Caruana Galizia was recently described by the Politico website as a “one-woman WikiLeaks”. Her most recent revelations pointed the finger at Malta’s prime minister, Joseph Muscat, and two of his closest aides, connecting offshore companies linked to the three men with the sale of Maltese passports and payments from the government of Azerbaijan. Caruana Galizia filed a police report 15 days ago to say that she had been receiving death threats. The journalist posted her final blog on her Running Commentary website at 2.35pm on Monday, and the explosion ... was reported to police just after 3pm. Caruana Galizia ... set her sights on a wide range of targets, from banks facilitating money laundering to links between Malta’s online gaming industry and the Mafia. Over the last two years, her reporting had largely focused on revelations from the Panama Papers, a cache of 11.5m documents leaked from the internal database of the world’s fourth largest offshore law firm, Mossack Fonseca. Her family have filed a court application demanding a change of inquiring magistrate. Investigations into the case are being led by Consuelo Scerri Herrera. But Herrera had come under criticism by Galizia in her blog.

Note: The release of the Panama Papers exposed tax-dodging elites in many countries. There is speculative evidence that the CIA had a hand in releasing these documents. For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.


The Drug Industry's Triumph Over the DEA
2017-10-15, Washington Post
https://www.washingtonpost.com/graphics/2017/investigations/dea-drug-industry...

In April 2016, at the height of the deadliest drug epidemic in U.S. history, Congress effectively stripped the Drug Enforcement Administration of its most potent weapon against large drug companies suspected of spilling prescription narcotics onto the nation’s streets. By then, the opioid war had claimed 200,000 lives. Overdose deaths continue to rise. A handful of members of Congress, allied with the nation’s major drug distributors, prevailed upon the DEA and the Justice Department to agree to a more industry-friendly law. The new law makes it virtually impossible for the DEA to freeze suspicious narcotic shipments from the companies, according to internal agency and Justice Department documents and an independent assessment. Political action committees representing the industry contributed at least $1.5 million to the 23 lawmakers who sponsored or co-sponsored four versions of the bill. “The drug industry, the manufacturers, wholesalers, distributors and chain drugstores, have an influence over Congress that has never been seen before,” said Joseph T. Rannazzisi, who ran the DEA’s division responsible for regulating the drug industry and led a decade-long campaign of aggressive enforcement until he was forced out of the agency in 2015. “I mean, to get Congress to pass a bill to protect their interests in the height of an opioid epidemic just shows me how much influence they have.” The DEA and Justice Department have denied or delayed more than a dozen requests filed by The Post and “60 Minutes” under the Freedom of Information Act for public records that might shed additional light on the matter.

Note: The city of Everett, Washington is currently suing Purdue Pharma, maker of the opioid pain medication OxyContin, for the company's alleged role in the diversion of its pills to black market buyers. For other reliable information on pharmaceutical involvement in the huge increase in opioid deaths, see Dr. Mercola's excellent article. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in pharmaceutical industry.


Ex-DEA agent: Opioid crisis fueled by drug industry and Congress
2017-10-11, CBS News
https://www.cbsnews.com/news/ex-dea-agent-opioid-crisis-fueled-by-drug-indust...

In the midst of the worst drug epidemic in American history, the U.S. Drug Enforcement Administration's ability to keep addictive opioids off U.S. streets was derailed - that according to Joe Rannazzisi, one of the most important whistleblowers ever interviewed by 60 Minutes. Rannazzisi ran the DEA's Office of Diversion Control, the division that regulates and investigates the pharmaceutical industry. He says the opioid crisis was allowed to spread - aided by Congress, lobbyists, and a drug distribution industry that shipped, almost unchecked, hundreds of millions of pills to rogue pharmacies and pain clinics providing the rocket fuel for a crisis that, over the last two decades, has claimed 200,000 lives. His greatest ire is reserved for the ... middlemen that ship the pain pills from manufacturers, like Purdue Pharma and Johnson & Johnson to drug stores all over the country. Rannazzisi accuses the distributors of fueling the opioid epidemic. "This is an industry that allowed millions and millions of drugs to go into bad pharmacies and doctors' offices, that distributed them out to people who had no legitimate need for those drugs," [said Rannazzisi]. In 2013, Joe Rannazzisi and his DEA investigators were trying to crack down. Then ... with the help of members of Congress, the drug industry began to quietly pave the way for legislation that essentially would strip the DEA of its ... ability to immediately freeze suspicious shipments of prescription narcotics to keep drugs off U.S. streets.

Note: See also this informative Washington Post article for more information on this sad topic. Lots more available here. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in pharmaceutical industry.


How NBC gave up Ronan Farrow's explosive Harvey Weinstein scoop
2017-10-11, CNN
http://money.cnn.com/2017/10/11/media/nbc-new-yorker-harvey-weinstein/index.html

Reporter and NBC contributor Ronan Farrow pursued leads about Harvey Weinstein's misconduct for months, but NBC passed on the chance to publish his story. "Ronan was basically told to stop working on this," according to a source. So Farrow contacted David Remnick, the editor of The New Yorker. Now the magazine is receiving widespread acclaim for publishing the investigation. What happened at NBC is a media world mystery. Did the network's executives not have the stomach for the inevitable legal threats? Were they trying to protect relationships in Hollywood? Or were there other reasons? The official explanation, from the news division's president Noah Oppenheim, is that "we didn't feel that we had all the elements that we needed to air it," so Farrow "took it to The New Yorker." But some staffers aren't buying that. And they're wondering why Farrow's taped interviews with accusers aren't being broadcast now. The question of how NBC could have let this scoop get away is big enough that it even came up on sister network MSNBC Tuesday night. Host Rachel Maddow asked Farrow, "Why did you end up reporting this story for The New Yorker and not for NBC News?" "Look," Farrow responded, "you would have to ask NBC and NBC executives about the details of that story." Earlier in the interview, he had mentioned that he taped one of his on-camera interviews way back in January.

Note: For more along these lines, see concise summaries of deeply revealing news articles on mass media corruption and sexual abuse scandals.


Harvey Weinstein Is Gone. But Hollywood Still Has a Problem.
2017-10-11, New York Times
https://www.nytimes.com/2017/10/11/movies/harvey-weinstein-hollywood.html

When I read the recent allegations that Harvey Weinstein had sexually harassed women for decades, I thought — well, of course. Mr. Weinstein was a famously swaggering bully, and while I hadn’t heard about the specific charges of sexual abuse by women working for him, such behavior fits the movie industry’s pervasive, unrepentant exploitation of women. And then on Tuesday, The New Yorker revealed that three women, including the Italian actress-turned-director Asia Argento, said that “Weinstein raped them.” It’s greatly encouraging that women like Gwyneth Paltrow have gone public about Mr. Weinstein. But he is not an aberration. He is an ordinary, malignant symptom of systemic sexism, as is everyone who facilitated him, shrugs it off now or offensively asks why women didn’t say something sooner. What largely separates Mr. Weinstein from other predators, within and without the entertainment world, is that he was once powerful, he got caught and a number of gutsy women are on the record. Together, their voices are creating a forceful rejoinder to an industry that runs on fear and in which silence is at once a defense and a weapon as well as a condition of employment. One problem is that the entertainment industry is extraordinarily forgiving of those who have made a lot of money. Despite pressure, including from the likes of Ava DuVernay and Lena Dunham, the industry resists change. Those in power don’t see an upside in ceding it.

Note: For more along these lines, see concise summaries of deeply revealing news articles on mass media corruption and sexual abuse scandals.


From Aggressive Overtures to Sexual Assault: Harvey Weinstein’s Accusers Tell Their Stories
2017-10-10, The New Yorker
https://www.newyorker.com/news/news-desk/from-aggressive-overtures-to-sexual-...

There have been few movie executives as dominant, or as domineering, as Harvey Weinstein. His movies have earned more than three hundred Oscar nominations. For more than twenty years, Weinstein, who is now sixty-five, has also been trailed by rumors of sexual harassment and assault. His behavior has been an open secret to many in Hollywood and beyond, but ... too few people were willing to speak, much less allow a reporter to use their names, and Weinstein and his associates used nondisclosure agreements, payoffs, and legal threats to suppress their accounts. On October 5th, the New York Times ... revealed multiple allegations of sexual harassment against Weinstein, an article that led to the resignation of four members of the Weinstein Company’s all-male board, and to Weinstein’s firing. There is more to know and to understand. In the course of a ten-month investigation, I was told by thirteen women that, between the nineteen-nineties and 2015, Weinstein sexually harassed or assaulted them. Their allegations corroborate and overlap with the Times’s revelations, and also include far more serious claims. Three of the women ... told me that Weinstein had raped them. Sixteen former and current executives and assistants at Weinstein’s companies ... said that the behavior was widely known within both Miramax and the Weinstein Company. Virtually all of the people I spoke with told me that they were frightened of retaliation.

Note: The recording of Weinstein attempting to seduce a model and admitting to groping her breasts mentioned in this article and available here is quite revealing. And why was an NBC reporter who had the inside scoop "told to stop working on this"? For more along these lines, see concise summaries of deeply revealing news articles on mass media corruption and sexual abuse scandals.


The FBI’s Hunt for Two Missing Piglets Reveals the Federal Cover-Up of Barbaric Factory Farms
2017-10-05, The Intercept
https://theintercept.com/2017/10/05/factory-farms-fbi-missing-piglets-animal-...

FBI agents are devoting substantial resources to a multistate hunt for two baby piglets that the bureau believes are named Lucy and Ethel. The two piglets were removed over the summer from the Circle Four Farm in Utah by animal rights activists who had entered the Smithfield Foods-owned factory farm to film the brutal, torturous conditions in which the pigs are bred. The rescue of these two particular piglets has literally become a federal case - by all appearances, a matter of great importance to the Department of Justice. On the last day of August, a six-car armada of FBI agents in bulletproof vests ... descended upon two small shelters for abandoned farm animals. Subsequent events confirmed that this show of FBI force was designed to intimidate the sanctuaries, which played no role in the rescue. Obviously, the FBI and Smithfield - the nation’s largest industrial farm corporation - don’t really care about the missing piglets. What they care about is the efficacy of a political campaign intent on showing the public how animals are abused at factory farms, and they are determined to intimidate those responsible. Deterring such campaigns ... is, manifestly, the only goal here. What made this piglet rescue particularly intolerable was an article that appeared in the New York Times days after the rescue, which touted the use of virtual reality technology by animal rights activists to allow the public to immerse in the full experience of seeing what takes place in these companies’ farms.

Note: Those who expose at wrongdoing at factory farms are increasingly treated more harshly by US law than the companies perpetrating this wrongdoing. When activist drone footage exposed toxic cesspools around Smithfield Farms in 2014, North Carolina responded with legislation designed to silence whistle-blowers. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the food system.


Wells Fargo shareholder lawsuit can proceed, judge rules
2017-10-05, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/business/article/Wells-Fargo-shareholder-lawsuit-can-pr...

Wells Fargo & Co. executives and directors accused of steering the bank into the worst scandal of its modern history were ordered to defend a lawsuit accusing them of profiting from the creation of millions of fake customer accounts. A San Francisco federal judge ruled this week that shareholders can proceed with a suit alleging the company’s top brass “repeatedly and brazenly” failed to serve Wells Fargo’s best interests. He found the complaint properly laid out evidence showing that executives and directors made false statements about the scheme in the bank’s filings to the Securities and Exchange Commission. The ruling came a day after Sen. Elizabeth Warren ... attacked Wells Fargo Chief Executive Officer Tim Sloan while he testified before Congress. “You should be fired,” Warren said. “You enabled this fake account scam, you got rich off it, and you tried to cover it up.” Last month, U.S. District Judge Jon Tigar ... dismissed insider trading claims under California law against Sloan and Wells Fargo Chief Risk Officer Michael Loughlin, as well as former CEO John Stumpf and former head of community banking Carrie Tolstedt. An independent probe commissioned by the bank concluded in April that senior bank managers failed to heed warnings of spreading sales abuses for more than a decade, treating thousands of fired employees as rogues, and then downplayed the mounting terminations as the board began raising questions.

Note: Read more about the massive fraud perpetrated by Wells Fargo. Steve Glazer, chairman of the California Senate Banking and Financial Institutions Committee, recently compared this bank's actions with the behavior of Enron when its culture of corruption initially came to light. For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.


Why factory farming is not just cruel – but also a threat to all life on the planet
2017-10-04, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/environment/2017/oct/04/factory-farming-destructi...

The world desperately needs joined-up action on industrial farming if it is to avoid catastrophic impacts. Philip Lymbery, chief executive of Compassion in World Farming (CIWF) and the author of Farmageddon and more recently Deadzone, said: “Every day there is a new confirmation of how destructive, inefficient, wasteful, cruel and unhealthy the industrial agriculture machine is. We need a total rethink of our food and farming systems before it’s too late.” His comments came on the eve of Compassion’s Livestock and Extinction conference in London which will bring together scientists, campaigners, UN representatives and multinational food corporations [to] connect up the many impacts that factory farming has on our planet. Lymbery argues that factory farming is not – as some contend – an efficient, space-saving way to produce the world’s food but rather a method in which the invisible costs are actually far higher than the savings. “Factory farming is shrouded in mythology,” he said. “One of the myths is that it’s an efficient way of producing food when actually it is highly inefficient and wasteful. Antibiotic use is another red flag area. There is now overwhelming evidence that the routine prophylactic use of antibiotics is leading to the rise of antibiotic resistant superbugs, and the World Health Organisation has issued warnings that if we don’t do something to curb antibiotic use in both human and animal medicine we will face a post-antibiotic era where currently treatable diseases will once again kill.”

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


Animal cruelty could result in five-year jail sentence under new law
2017-09-29, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2017/sep/30/animal-cruelty-could-result-in-...

People who abuse animals in England will now face up to five years in prison under a tough new crackdown. The environment secretary, Michael Gove, said the tenfold increase from the present six-month sentence was needed to combat cruelty. The move comes after a series of cases in which courts said they would have liked to impose tougher sentences if they had the option. These include instances when a man bought a number of puppies just to brutally and systematically beat, choke and stab them to death. The new legislation will also enable courts to deal more effectively with ruthless gangs involved in organised dog fights, the Department of the Environment said. “We are a nation of animal lovers and so we must ensure that those who commit the most shocking cruelty towards animals face suitably tough punishments,” Gove said. “These plans will give courts the tools they have requested to deal with the most abhorrent acts. This is one part of our plan to deliver world-leading standards of animal welfare in the years ahead.” Under the government’s plans, courts will retain the ability to hand out an unlimited fine and ban an offender from owning animals in the future but they will also have the ability to sentence the worst cases more harshly. The move will bring maximum sentences for animal cruelty in England into line with Australia, Canada, the Republic of Ireland and Northern Ireland.

Note: The UK's move to improve animal welfare starkly contrasts a recent US government action which deleted thousands of documents detailing animal welfare violations from a public website.


Monsanto banned from European parliament
2017-09-28, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/environment/2017/sep/28/monsanto-banned-from-euro...

Monsanto lobbyists have been banned from entering the European parliament after the multinational refused to attend a parliamentary hearing into allegations of regulatory interference. It is the first time MEPs have used new rules to withdraw parliamentary access for firms that ignore a summons to attend parliamentary inquiries or hearings. Monsanto officials will now be unable to meet MEPs, attend committee meetings or use digital resources on parliament premises in Brussels or Strasbourg. While a formal process still needs to be worked through, a spokesman for the parliament’s president Antonio Tajani said that the leaders of all major parliamentary blocks had backed the ban in a vote this morning. MEPs had been incensed at a Monsanto decision to shun a hearing organised by the environment and agriculture committees, with academics, regulators and campaigners, on 11 October. The meeting is expected to hear allegations that Monsanto unduly influenced regulatory studies into the safety of glyphosate, a key ingredient in its best-selling RoundUp weedkiller. “Those who ignore the rules of democracy also lose their rights as a lobbyist in the European parliament,” said the Green party president Philippe Lamberts. “US corporations must also accept the democratic control function of the parliament. Monsanto cannot escape this.” Monsanto spends between €300,000-€400,000 (Ł260,000 - Ł350,000) annually on lobbying in Brussels.

Note: Monsanto's use of scientists as industry puppets, its lies to regulators and the public and its massive lobbying campaign have not kept information on the risks and dangers of its products from getting out. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


As Google Fights Fake News, Voices on the Margins Raise Alarm
2017-09-26, New York Times
https://www.nytimes.com/2017/09/26/technology/google-search-bias-claims.html

When David North, the editorial chairman of the World Socialist Web Site, noticed a drop in the site’s traffic in April, he initially chalked it up to news fatigue. But when he dug into the numbers, Mr. North said, he found a clearer explanation: Google had stopped redirecting search queries to the site. He discovered that the top search terms that once brought people to the World Socialist Web Site were now coming up empty. Accusations that Google has tampered with search results are not uncommon. But they are taking on new life amid concerns that technology behemoths are directly - or indirectly - censoring controversial subjects in their response to concerns over so-called fake news. In April, Google announced an initiative called Project Owl to provide “algorithmic updates to surface more authoritative content” and stamp out fake news stories from its search results. To some, that was an uncomfortable step toward Google becoming an arbiter of what is and is not a trustworthy news source. “They’re really skating on thin ice,” said Michael Bertini, a search strategist at iQuanti, a digital marketing agency. “They’re controlling what users see." In an open letter to Google last month, Mr. North traced his site’s traffic decline to Project Owl. Mr. North said he believed that Google was blacklisting the site, using concerns over fake news as a cover to suppress opinions from socialist, antiwar or left-wing websites and block news that Google doesn’t want covered.

Note: Visits to WantToKnow.info have dropped to less than half of what they were just eight months ago, largely due to a drop in visits from Google's search engine. Many alternative news websites have lost a lot of visits as Google prioritizes "mainstream" sources over alternative viewpoints. Check out the intriguing, well researched article "How the CIA Made Google." For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.


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