Corporate Corruption Media Articles

Excerpts of Key Corporate Corruption Media Articles in Major Media

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At least 442 wrongful death suits have been filed over fatalities that followed the use of a Taser, almost all since the stun guns began gaining widespread popularity with police in the early 2000s, Reuters found in a nationwide review of legal filings. Police departments and the municipalities they represent have faced 435 of these suits. The manufacturer was a defendant in 128 of them. In all, wrongful death lawsuits were filed in at least 44 percent of the 1,000-plus incidents Reuters identified in which someone died after being stunned with a Taser by police. In more than 60 percent of the resolved cases against municipalities, government defendants paid settlements or judgments. Reuters documented at least $172 million in publicly funded payouts to resolve the litigation. Yet one party is increasingly absent from the courtroom: Taser International. From 2004 through 2009, the company was named as a defendant in more than 40 percent of the wrongful death suits filed against local governments. Typically, those suits alleged the company failed to warn adequately of the risks posed by its weapons. Late in 2009, as evidence of cardiac risks mounted, Taser made a crucial change: It warned police to avoid firing its stun gun’s electrified darts at a person’s chest. The manufacturer’s warnings have made it far more difficult to successfully sue the company. So now ... plaintiffs are suing governments, not the manufacturer. Behind these legal battles is a troubling truth: Many officers aren’t aware Tasers have the potential to kill.

Note: For lots more, see the entire Reuters series on Tasers on this webpage. For more along these lines, see concise summaries of deeply revealing non-lethal weapons news articles from reliable major media sources.

Baby Boomers are sucking the blood of the young. They are ... after the plasma. In Monterey, California, a new startup has emerged, offering transfusions of human plasma: 1.5 litres a time, pumped in across two days, harvested uniquely from young adults. Ambrosia, the vampiric startup concerned, is run by a 32-year-old doctor called Jesse Karmazin, who bills $8,000 (6,200) a pop for participation in what he has dubbed a study. So far, he has 600 clients, with a median age of 60. The blood is collected from local blood banks, then separated and combined it takes multiple donors to make one package. The idea has become faddish in tech circles. Mike Judges Silicon Valley sitcom recently parodied the notion, with arch-tech guru Gavin Belson relying on a blood boy following him around to donate pints of sticky red at inopportune moments. That fictionalised account may well be based on the real-life adventures of Peter Thiel, the PayPal founder. A 2014 Harvard report ... seems to have kickstarted the present revival of interest in transfusions. There, scientists injecting old mice with the plasma of a younger generation found it improved their memory and their ability to learn. Conversely, injecting old blood into young seemed to knobble the young rodents. The scientific community has rolled its eyes at the trial element of Ambrosia. There is no control group and, with participation costing so much, no one involved is very randomised.

Note: Read more about Silicon Valley billionaire Peter Thiel's investment in this questionable technology. One university researcher has found that many in the European royalty until the end of the 18th century practiced selective cannibalism in the belief if would keep them young. Another article goes into greater depth about the practice some elder members of the wealthy elite taking blood infusions from young people to stay young.

Sinclair Media Group is the owner of the largest number of TV stations in America. "Sinclair's probably the most dangerous company most people have never heard of," said Michael Copps, the George W Bush-appointed former chairman of Federal Communications Commission (FCC), the top US broadcast regulator. The New York Times refers to the group as a "conservative giant" that, since the Bush presidency, has used its 173 television stations "to advance a mostly right-leaning agenda". Already the biggest broadcaster in the country, Sinclair is poised to make its biggest move yet. If the FCC approves Sinclair's $3.9bn purchase of an additional 42 stations, it would reach into the homes of almost three-quarters of Americans. Sinclair forces its local stations to run pro-Trump "news" segments. In 2004 ... as George W Bush faced criticism over the faltering war in Iraq, Sinclair ordered seven of its stations not to run an episode of Nightline in which host Ted Koppel read the names of every American soldier killed in the war, saying it "undermine[d] the efforts of the United States in Iraq". Meanwhile, with its 2015 purchase of Circa, a mobile aggregated news app, Sinclair has control for the first time of a national text-based news outlet.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and media manipulation from reliable sources.

The largest dead zone ever recorded in the U.S. has appeared at the mouth of the Mississippi River. According to scientists, it's primarily caused by fertilizer and sewage that wash off farmland in the river's watershed and eventually make their way to the sea. Scientists announced this month the dead zone measures nearly 9,000 square miles – about the size of New Jersey. Underwater video recorded Tuesday afternoon shows the transition from life to death as green fades to black. It becomes so dark, divers need flashlights to find their way around. The abyss stretches over an enormous portion of the Gulf. "This is the largest one we've ever measured. And the northern Gulf of Mexico dead zone is the second largest human-caused dead zone in the ocean," said Nancy Rabalais, the nation's foremost expert on dead zones. She's been measuring oxygen levels in the Gulf since 1985. Dead zones happen when agricultural runoff sends nitrogen-rich fertilizer downstream into the sea. The fertilizer feeds harmful amounts of algae at the surface that eventually die and sink to the bottom. Bacteria feast on the dead algae, removing oxygen from the water. "The solution lies upstream in the watershed with better agricultural management practices - a switch to crops that have deeper roots and don't need as much fertilizer," Rabalais said.

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

However people feel about immigration, judges and lawmakers nationwide have long acknowledged that the employment of unauthorized workers is a reality of the American economy. Some 8 million immigrants work with false or no papers nationwide. They're more likely to be hurt or killed on the job than other workers. Nearly all 50 states, including Florida, have given these workers the right to receive workers' comp. But in 2003, Florida's lawmakers [made] it a crime to file a workers' comp claim using false identification. Since then, insurers have avoided paying for injured immigrant workers' lost wages and medical care by repeatedly turning them in to the state. In a challenging twist of logic, immigrants can be charged with workers' comp fraud even if they've never been injured or filed a claim, because legislators also made it illegal to use a fake ID to get a job. In many cases, the state's insurance fraud unit has conducted unusual sweeps of worksites, arresting a dozen employees. To assess the impact of Florida's law on undocumented workers, ProPublica and NPR analyzed 14 years of state insurance fraud data. We found nearly 800 cases statewide in which employees were arrested under the law. Insurers have used the law to deny workers benefits after a litany of serious workplace injuries. Flagged by insurers or their private detectives, state fraud investigators have arrested injured workers at doctor's appointments and at depositions in their workers' comp cases. Some were taken into custody with their arms still in slings.

Note: For more, see concise summaries of deeply revealing news articles on corruption in the corporate world and in the judicial system.

Why do Americans continue to pay the highest prices for medicine in the world? Lawmakers have sculpted specific policies, often not found in many other nations, that boost pharmaceutical industry profits. Meanwhile, the drug industry has spent $61 million on state elections and nearly $67 million on federal elections since 2010. Both parties have made pivotal decisions ... that have kept drug prices high. Insurance companies and pharmacy benefit managers, or PBMs, across the U.S., face at least nine class-action lawsuits alleging they attached arbitrary premiums to the prices of often less-expensive, generic prescription drugs. The plaintiffs also accuse the PBMs and insurers of imposing so-called “gag clauses” on pharmacies to keep pharmacists from telling consumers that they could save money by paying out of pocket. The system could be denying customers $120 billion in discounts and rebates. Should drugs developed at taxpayer expense be sold to Americans at sky high prices? In the past, the federal government passed a rule saying no — but that rule was rescinded in 1995. If Americans were allowed to import lower-priced drugs from places like Canada, it would save government agencies alone $6 billion. But ... Americans are still prohibited from engaging in such importation. The federal government could [also] save billions of dollars a year by having Medicare use its huge market power to negotiate - or require - lower drug prices for the program's beneficiaries.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering and health.

A loud boom cut through the night and a stream of fire lit up the sky. A strong, unpleasant odor settled over the street. None of the neighbors reported what happened that night - nor the ... symptoms that followed. For [Joseph] Gaines, the symptoms included an intense sudden headache, tearing eyes, a runny nose, and congestion. A block and a half from Gaines’s house, the street ends in an Exxon Mobil refinery that ... releases at least 135 toxic chemicals, many of which - including 1,3-butadiene, benzo[a]pyrene, and styrene - are carcinogens. The plant is regularly in noncompliance with the Clean Air Act. Yet many of the people [in] Charlton-Pollard said they felt there was no point in trying to reduce the emissions. They raised [their concerns] in a formal complaint to the Environmental Protection Agency 17 years ago. The filing [described] the chemical pollution. And the complaint went further, arguing that the location of the oil refinery - next to a neighborhood where 95 percent of residents were African-American - was a civil rights violation. The majority of civil rights complaints the EPA accepted for investigation between 1996 and 2013 languished for years. As the people of Charlton-Pollard and Flint — as well as Tallassee, Alabama; Pittsburg, California; and Chaves County, New Mexico — can attest, the EPA’s lack of responsiveness to civil rights complaints spans not just many years, but also several presidential administrations. While pollution protections are moving backward, Exxon Mobil is planning to expand its Beaumont operations.

Note: For more along these lines, see concise summaries of deeply revealing news articles on health and the erosion of civil liberties.

Google processes more than three billion search queries a day. It has altered our notions of privacy, tracking what we buy, what we search for online - and even our physical location at every moment of the day. It is a monopoly. So it matters how this company works - who it hires, who it fires and why. Last week, Google fired a software engineer for writing a memo that questioned the company’s gender diversity policies and made statements about women’s biological suitability for technical jobs. “Portions of the memo violate our code of conduct and cross the line by advancing harmful gender stereotypes,” Google’s chief executive, Sundar Pichai, wrote. It’s impossible to believe that Google or other large tech companies a few years ago would have reacted like this to such a memo. In 2011 when CNN filed a Freedom of Information Act request for the workplace diversity data on big tech companies, Google [asked] for its data to be excluded. Google began to disclose statistics [in 2014] showing that only 17 percent of its technical work force was female. Today Google is under growing scrutiny, and the cognitive dissonance between the outward-facing “Don’t be evil” stance and the internal misogynistic “brogrammer” rhetoric was too extreme. Google had to fire the offending engineer, James Damore, but anyone who spends time on the message boards frequented by Valley engineers will know that the “bro” culture that gave us Gamergate - an online movement that targeted women in the video game industry - [remains] prevalent.

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

About one out of every 12 U.S. doctors gets money, lunch or something else of value from companies that make opioid drugs, researchers reported Wednesday. Companies are spending much more time and effort marketing opioids to doctors than they are other, less addictive painkillers, the researchers found. They say their findings help explain why doctors have played such an important role in the opioid overuse epidemic. “A large proportion of physicians received payments - one in 12 physicians overall,” said Dr. Scott Hadland of the Boston Medical Center. “Tens of millions of dollars were transferred for marketing purposes for opioids. In some cases they are money provided directly to physicians - for example, the speaking fees, the consultant fees and the honoraria. In other cases it is reimbursement for things like travel,” Hadland said. Between 2013 and 2015, the team found 375,266 payments worth $46 million made to more than 68,000 doctors. “The top 1 percent of physicians (681 of them) received 82.5 percent of total payments in dollars,” the team wrote in their report. A study published last year found that physicians who accepted even one meal sponsored by a drug company were much more likely to prescribe a name-brand drug to patients later. The Centers for Disease Control and Prevention says doctors are definitely helping drive the addiction crisis. The result is deadly. More than 30,000 Americans died from opioid overdoses in 2015.

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 pharmaceutical corruption news articles from reliable major media sources.

A U.S. contractor bilked the American military out of $50 million spent on Bentleys, Aston Martins and big salaries for senior staffers significant others, according to a government audit. Senator Claire McCaskill demanded on Wednesday that the Pentagon explain why it was allowed to get away with it. The British company New Century Consulting (NCC) was deployed by the U.S. overseas to train Afghanistan forces. It was originally subcontracted by the now-defunct company Imperitas from 2008 to 2013 but has since taken over the contract completely. Under Imperitas, NCC ... paid the significant others of senior staff an average of $420,000 as executive assistants who worked from home, auditors found. Its not clear whether Imperitas or NCC actually completed their work in Afghanistan, as neither retained complete training records. In a letter to Secretary of Defense James Mattis Wednesday, McCaskill ... wrote that NCC was unable to provide evidence that these executive assistants actually performed any work. This is not the first time that NCC or Imperitas spending has been questioned or the companies investigated. In 2016, a federal lawsuit was brought in New York by investors against Imperitas. In 2015, the special inspector general for Afghanistan reconstruction had an ongoing criminal investigation open against both NCC and Imperitas. And in 2012, two former employees of Imperitas ... sued the company, alleging their co-workers abused alcohol and drugs and possessed illegal weaponsall violations of U.S. policy.

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

As the U.S. growing season entered its peak this summer, farmers began posting startling pictures on social media: fields of beans, peach orchards and vegetable gardens withering away. The photographs served as early warnings of a crisis that has damaged millions of acres of farmland. New versions of the herbicide dicamba developed by Monsanto and BASF, according to farmers, have drifted across fields to crops unable to withstand it. As the crisis intensifies, new details provided to Reuters ... demonstrate the unusual way Monsanto introduced its product. The approach, in which Monsanto prevented key independent testing of its product, went unchallenged by the Environmental Protection Agency and nearly every state regulator. Typically, when a company develops a new agricultural product, it commissions its own tests and shares the results and data with regulators. It also provides product samples to universities for additional scrutiny. In this case, Monsanto denied requests by university researchers to study its XtendiMax with VaporGrip for volatility - a measure of its tendency to vaporize and drift across fields. Monsanto provided samples of XtendiMax before it was approved by the EPA. However, the samples came with contracts that explicitly forbade volatility testing. Arkansas blocked Monsanto’s product because of the lack of extra volatility testing ... but approved BASF’s [product]. Thirty-three other states - every other state where the products were marketed - approved both products.

Note: A new project called "The Poison Papers" lays out a 40-year history of deceit and collusion involving the chemical industry and the regulatory agencies that were supposed to be protecting human health and the environment. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.

The White House is actively considering a bold plan to turn over a big chunk of the U.S. war in Afghanistan to private contractors. Under the proposal, 5,500 private contractors, primarily former Special Operations troops, would advise Afghan combat forces. The plan also includes a 90-plane private air force that would provide air support in the nearly 16-year-old war against Taliban insurgents, Erik Prince, founder of the Blackwater security firm, [said]. The U.S. military has 8,400 U.S. troops [in Afghanistan]. They do not have a direct combat role, and presumably would be replaced gradually by the contractors. The plan remains under serious consideration within the White House despite misgivings by Trump's national security adviser ... and Defense Secretary Jim Mattis. Prince, who has met frequently with administration officials to discuss his plan, is the brother of Trump's education secretary, Betsy Devos. Prince said the contractors would be “adjuncts” of the Afghan military and would wear that nation’s military uniforms. Currently, troops from a U.S.-led coalition ... are not embedded with conventional combat units in the field. Under the plan the contractors would be embedded with Afghanistan's more than 90 combat battalions throughout the country. Blackwater has attracted controversy under Prince's leadership. In 2007, four Blackwater security personnel were accused of killing 14 Iraqi civilians in Baghdad.

Note: When Blackwater changed its name to Academi, the US paid $309 million to this company to conduct counternarcotics operations in Afghanistan. These operations reportedly contributed to the Afghan opium boom. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and war.

Martin Shkreli - famously known as the guy that jacked up the price of a lifesaving AIDS treatment by 5,000% - finally saw his day in court, albeit for a completely unrelated case involving an unrelated company. The trial ... found Shkreli guilty of three counts of fraud for essentially lying to his investors about how he would invest their money and when they would be paid back. The conviction, carrying a potential 20 years in prison, is no joke. Yet the notorious self-promoter took the opportunity to ... let the world know he wasn’t fazed. And why should he be? How Shkreli got rich in the first place remains not just legal but celebrated. The real crime of the Pharma Bro is the unrepentant greed that drives him, as well as the industry he’s thrived in. Sen. Bernie Sanders has attempted to put a stop to this greed with recently introduced legislation to cap prices for pharmaceuticals developed by government-funded research. Far from a new idea, Sanders has been pushing for a bill like this for decades. While raising the price of a life-saving drug by 5,000% rightfully drew the scorn of millions of people, price gouging is all too common for the industry. Take the EpiPen, the lifesaving device for kids and adults with severe allergies, whose price was famously hiked up over 500% ... after it was acquired by Mylan. Laws that protect investors in these companies are what landed Shkreli in court. Yet until there are laws to protect patients from drug company extortion, like the one proposed by Sanders, the line of Pharma Bros ready to take his place is already queued up.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering and corporate corruption.

Since 2000, the number of overdose deaths from drugs in the U.S. has risen more than 137%. Deaths from opioids - which include painkillers and heroin - make up a large portion of these deaths; 91 Americans die every day from an opioid overdose. Federal numbers like these reveal a dire situation. But a new study finds that many opioid-related deaths are underreported, and that the full picture of the epidemic may be worse than even those numbers show. In the report, Christopher Ruhm, a professor of public policy & economics at the University of Virginia ... found that nationwide, the death rate from opioids is 24% higher than what has been estimated previously. Deaths related to heroin, which is cheaper than prescription painkillers, are 22% higher, he says. When hospitals enter the cause of death on a person’s death certificate, the drugs that contributed might not be specified, or multiple drugs will be listed as present. Between 20%-25% of the overdose death certificates Ruhm studied did not have any drug specified, suggesting that statewide estimates of deaths linked to opioids could be significantly off. Ruhm found that the overall death rates from opioids were substantially underreported across the U.S. - by more than half in Pennsylvania, for example. The growth in death rates from 2008 to 2014 - the time period Ruhm studied - was also substantially underestimated in many states.

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 pharmaceutical corruption news articles from reliable major media sources.

Americans take more pills today than at any other time in recent history - and far more than people in any other country. Much of that medication use is lifesaving or at least life-improving. But a lot is not. The amount of harm stemming from inappropriate prescription medication is staggering. Almost 1.3 million people went to U.S. emergency rooms due to adverse drug effects in 2014, and about 124,000 died from those events. That’s according to estimates based on data from the Centers for Disease Control and Prevention and the Food and Drug Administration. Other research suggests that up to half of those events were preventable. All of that bad medicine is costly, too. An estimated $200 billion per year is spent in the U.S. on the unnecessary and improper use of medication, for the drugs themselves and related medical costs. Our previous surveys have found that higher drug costs - including more expensive drugs and higher out-of-pocket costs - also strain household budgets, with many people telling us they had to cut back on groceries or delay paying other bills to pay for their prescriptions. Total spending on drug ads targeting consumers reached $6.4 billion last year, 64 percent more than in 2012. That’s $1.3 billion more than the FDA’s entire 2017 budget. Drug companies spend even more - $24 billion in 2012 alone - on marketing just to doctors through ads in medical journals, face-to-face sales, free medication samples, and educational and promotional meetings.

Note: For more, see this informative article . For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering and health.

Documents released Tuesday in a lawsuit against Monsanto raised new questions about the company’s efforts to influence the news media and scientific research and revealed internal debate over the safety of its highest-profile product, the weed killer Roundup. The active ingredient in Roundup, glyphosate, is the most common weed killer in the world. The documents underscore the lengths to which the agrochemical company goes to protect its image. Documents show that Henry I. Miller ... a vocal proponent of genetically modified crops, asked Monsanto to draft an article for him that largely mirrored one that appeared under his name on Forbes’s website in 2015. An academic involved in writing research funded by Monsanto, John Acquavella, [wrote] in a 2015 email to a Monsanto executive, “I can’t be part of deceptive authorship on a presentation or publication.” He also said of the way the company was trying to present the authorship: “We call that ghost writing and it is unethical.” Mr. Miller’s 2015 article on Forbes’s website was an attack on the findings of ... a branch of the World Health Organization that had labeled glyphosate a probable carcinogen. The documents also show that A. Wallace Hayes, the former editor of a journal, Food and Chemical Toxicology, has had a contractual relationship with Monsanto. In 2013, while he was still editor, Mr. Hayes retracted a key study damaging to Monsanto that found that Roundup, and genetically modified corn, could cause cancer and early death in rats.

Note: For lots more, see this informative article. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.

The global meat industry, already implicated in driving global warming and deforestation, has now been blamed for fueling what is expected to be the worst “dead zone” on record in the Gulf of Mexico. Toxins from manure and fertiliser pouring into waterways are exacerbating huge, harmful algal blooms that create oxygen-deprived stretches of the gulf, the Great Lakes and Chesapeake Bay, according to a new report by Mighty, an environmental group chaired by former congressman Henry Waxman. The National Oceanic and Atmospheric Administration (Noaa) will this week announce the largest ever recorded dead zone in the Gulf of Mexico. It is expected to be larger than the nearly 8,200 square-mile area that was forecast for July. “This problem is worsening and worsening and regulation isn’t reducing the scope of this pollution,” said Lucia von Reusner, campaign director at Mighty. “These companies’ practices need to be far more sustainable.” The Mighty report analyzed supply chains of agribusiness and pollution trends and found that a “highly industrialized and centralized factory farm system” was ... bringing fertilisers into waterways. Tyson Foods is identified by the report as a “dominant” influence in the pollution. This pollution has also been linked to drinking water contamination. Last week, a report by Environmental Working Group found that in 2015 water systems serving seven million Americans in 48 states contained high levels of nitrates ... linked to an increased risk of contracting certain cancers.

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

In the summer of 2012, a subcommittee of the U.S. Senate released a report. [After] looking into the London-based banking group HSBC, [investigators] discovered that ... the bank had laundered billions of dollars for Mexican drug cartels, and violated sanctions. No criminal charges were filed, and no executives or employees were prosecuted. Instead, HSBC pledged to clean up its institutional culture, and to pay a fine of nearly two billion dollars: the equivalent of four weeks’ profit for the bank. In the years since the mortgage crisis of 2008 ... corporate executives have essentially been granted immunity. As recently as 2006, when Enron imploded, such titans as Jeffrey Skilling and Kenneth Lay were convicted of conspiracy and fraud. Something has changed in the past decade, however, and federal prosecutions of white-collar crime are now at a twenty-year low. As Jesse Eisinger, a reporter for ProPublica, explains in a new book ... a financial crisis has traditionally been followed by a legal crackdown, because a market contraction reveals all the wishful accounting and outright fraud that were hidden when the going was good. After the mortgage crisis, people in Washington and on Wall Street expected prosecutions. Eisinger reels off a list of potential candidates for criminal charges: Countrywide, Washington Mutual, Lehman Brothers, Citigroup, A.I.G., Bank of America, Merrill Lynch, Morgan Stanley. Although fines were paid ... there were no indictments, no trials, no jail time.

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

Allowing Americans to purchase lower-priced medicines from other countries would save the federal government alone more than $6 billion, according to a new analysis from the Congressional Budget Office. Under existing law, drugmakers are permitted to produce pharmaceuticals abroad and then import them into the United States, where ... they charge Americans the highest prices for medicines in the world. However, while drugmakers themselves are allowed to import medicines, current law prohibits U.S. consumers and pharmaceutical wholesalers from doing so, even when the same medicines are sold at much lower prices abroad. Spending millions on campaign donations and lobbying, the pharmaceutical industry has for years successfully fought off legislation to end the prohibition. This year — nearly 17 years after President Bill Clinton’s administration killed ... drug importation legislation — the importation initiative has once again been renewed. Looking to take advantage of President Donald Trump’s promise to lower drug prices, Vermont Sen. Bernie Sanders ... introduced the Affordable and Safe Prescription Drug Importation Act on Feb. 28. Overall, campaign spending by the pharmaceutical industry is skyrocketing. Congressional donations from pharmaceutical PACs are up 11 percent as compared with a similar time frame in 2015, and donations to ranking members of health-related committees have risen by 80 percent from two years ago. Lobbying is also on the rise, according to a Kaiser Health News analysis.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and Big Pharma profiteering.

Wells Fargo acknowledged Friday that for six years about 570,000 of its customers were charged for auto insurance they didn’t need, potentially driving some to default on their loan and have their cars repossessed. The San Francisco bank said it would start refunding about $80 million, or about $140 each, to customers next month. The revelation quickly sparked a backlash from lawmakers still angry after Wells Fargo admitted last year that thousands of its employees had created millions of fake credit card and bank accounts for customers without their knowledge. “No wonder so many hard-working Americans believe the system is rigged against them in Wall Street’s favor,” Sen. Sherrod Brown, the ranking Democrat on the Banking Committee, said in a statement. Sen. Elizabeth Warren ... renewed her call for the Federal Reserve to force Wells Fargo’s board of directors to resign. “There are surely deep ... problems at a bank when it opens millions of fake customer accounts and charges nearly a million customers for a financial product they don’t need,” Warren said in a statement. “The Wells Fargo Board is ultimately responsible for that failure.” Wells Fargo said the most recent scandal is centered on its auto lending business. Customers’ loan contracts require them to maintain auto insurance and allow the bank to buy it for them if there is no evidence that the customers have a policy, the bank said. But ... customers were being charged for auto insurance premiums even though they already had another policy.

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.

Important Note: Explore our full index to key excerpts of revealing 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.