Corporate Corruption News ArticlesExcerpts of key news articles on
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In a cheerfully animated promotional video, a woman narrates Cubic Transportation Systems' vision for the future. Travelers will pay fares using a ticket-free mobile account. Real-time data will be aggregated, linked, and shared. "The more information that is gathered, the more powerful the system becomes," the narrator tells us. "The piece of the puzzle missing ... is you." Over the past decade, Cubic has taken the first steps toward actualizing its vision by snapping up contracts for the development of mobile-based, contactless fare collection systems in eight of America's 10 largest public transit networks. Transit authorities have embraced tap-to-pay technology for its convenience and speed, but privacy advocates are worried that the new fare collection systems pose serious surveillance and security risks. In addition to its transit operation, Cubic is a vast military contractor doing hundreds of millions of dollars in business with the U.S. military and sales to foreign militaries. The company supplies surveillance technologies, training simulators, satellite communications equipment, computing and networking platforms, and other military hardware and software. As Cubic's quiet grip on fare collection takes hold in more cities, the company's ability to process rider data grows with it, creating a sprawling corporate apparatus that has the extraordinary potential to gather up reams of information on the very people it is supposed to serve.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy from reliable major media sources.
American hospitals have been living with serious drug shortages for more than a decade. Most days, nearly 300 essential drugs can be in short supply. It's not a matter of supply and demand. The drugs are needed and the ingredients are easy to make. Pharmaceutical companies have stopped producing many life-saving generic drugs because they make too little profit. Yet, year after year, the government stays on the sidelines as companies take drug production offline - and doctors worry the shortages are compromising patient care. Neonatologist Dr. Mitch Goldstein treats the most vulnerable patients. Many ... premature and sick babies have undeveloped digestive systems, so Dr. Goldstein keeps them alive with intravenous nutrients, many of which are in short supply. Antony Gobin heads the pharmacy at Loma Linda Hospital. He told us shortages of basic drugs are a constant worry. "We were dealing with shortages long before COVID," [he said]. "They're all very old, fundamental drugs that every hospital in the country needs and uses." Drug shortages can kill. In 2011, when norepinephrine, an old, low profit drug used to treat septic shock, was in short supply, hundreds of people around the country died. Middlemen, the group purchasing organizations and drug distributors take their cut. The drug manufacturers end up with just a small fraction of what the patient pays. Many have simply stopped making the least profitable drugs.
Note: For more, see this article. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and health from reliable major media sources.
Last week the hospital bill finally came. The cost of an uncomplicated vaginal birth? $37,617.69. The bulk of the charge was for three nights' "room and board" in a semi-private room (containing two beds separated by a curtain) which was $10,350 a night. Our health insurance covers about $31,000 – leaving us with a balance of around $6,000. Although, of course, that doesn't make the ridiculously high prices OK. We're still covering the costs indirectly via our enormous insurance premiums which, we were recently informed by Oxford Health, part of UnitedHealth Group, are going to go up by 16% next year. The UnitedHealth Group's chief executive made over $50m in salary, bonus and stock option compensation in 2019. It's not just the extortionate prices in America's health system that are problematic. It's the lack of transparency. My partner called our insurance company multiple times before the birth to try to find out how much we would expect to pay. We were told on each occasion that we wouldn't have to pay anything. Which was obviously baloney. America's healthcare system isn't just a nightmare to navigate – it's inefficient and inequitable. The US may spend more on healthcare as a share of the economy than any other developed country, but it also has the highest maternal mortality rate in the developed world and maternal deaths have been increasing since 2000. And Black women are three times more likely to die from a pregnancy-related cause than white women.
Note: For more along these lines, see concise summaries of deeply revealing news articles on health from reliable major media sources.
Before the Covid-19 pandemic, Big Pharma had been easing out of the vaccine business for decades. Ultimately, Operation Warp Speed (OWS)–the U.S. government's Covid-19 relief program–would dole out $22 billion to Big Pharma. The amounts of money were the kinds of sums normally seen in the smaller defense budget line items, but were massive for a public health project–$2.5 billion to Moderna, $1.2 billion to AstraZeneca, half a billion dollars to Johnson & Johnson, and $1.6 billion to a small company called Novavax. Only Pfizer opted out of ponying up to the trough at first–it didn't want to devote resources to coordinating with the US government on its work. In July, Pfizer signed a $1.95 billion deal to sell one hundred million doses of its two-shot vaccine to the United States, enough for fifty million people. By February, the government had ordered three hundred million doses from Moderna, with its first shipment of one hundred million priced at thirty dollars per double-shot dose–cheaper than Pfizer partly because the United States had forked over nearly a billion dollars to Moderna research. Even more money was raining down on company insiders trading on good-news releases. Executives at Moderna and Pfizer cashed in on the vaccine, selling shares timed precisely to clinical trial press releases. Pfizer executives ... earned $14 million from stock sales in 2020. Moderna executives made $287 million from timed stock sales in 2020–and kept going.
Note: Explore hundreds of personal stories of severe vaccine injury and death that are being strongly suppressed by government and the major media. An MD's excellent research reveals that the government knew about and actively suppressed safe, effective, low-price treatments for COVID and targeted physicians who prescribed them. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.
The sudden death of a prominent anti-vaccination activist has led to a police probe. Brandy Vaughan, 45, was found dead on December 7. On Monday, the Santa Barbara County Sheriff's Office announced an investigation into the circumstances surrounding her death. "The decedent has been positively identified and the death is believe [sic] to be a result of natural causes based on an autopsy exam conducted last week," Santa Barbara County Sheriff Public Information Officer Raquel Zick said. "The final cause and manner of death determination are pending toxicology screening which normally takes 4-6 weeks." Vaughan, a former Merck pharmaceutical representative, was an outspoken critic of mandatory vaccinations and pharmaceutical companies. She founded non-profit organization Learn The Risk in a bid to educate people "on the dangers of pharmaceutical products, including vaccines and unnecessary medical treatments." [Vaughan] once worked for Merck pharmaceutical as a sales representative for Vioxx, a painkiller eventually taken off the market."I realized that just because something is on the market doesn't mean it's safe," Vaughan writes. "Much of what we are told by the healthcare industry just simply isn't the truth." In a Facebook post dated December 4 of 2019, Vaughan asks: "Ever wonder why I speak out against Big Pharma and suffer the major consequences? Because I will fight for my son and humanity and I will educate people on pharmaceutical product dangers until my last breath!"
Note: This article fails to mention that the number of deaths due to Vioxx are estimated to be between 40,000 and 500,000. Read also an article titled "Mystery surrounds death of Tanzanian president who defied COVID lockdown." For more along these lines, see concise summaries of deeply revealing news articles on vaccines and Big Pharma corruption from reliable major media sources.
Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in a deal with U.S. prosecutors that effectively sidestepped paying billions of dollars in penalties and stopped short of criminally charging its executives or wealthy Sackler family owners. Prosecutors imposed significant penalties exceeding $8 billion against Purdue, though the lion's share will go largely unpaid. Purdue agreed to pay $225 million toward a $2 billion criminal forfeiture, with the Justice Department foregoing the rest if the company completes a bankruptcy reorganization dissolving itself and shifting assets to a "public benefit company," or similar entity, that steers the $1.775 billion unpaid portion to thousands of U.S. communities suing it over the opioid crisis. A $3.54 billion criminal fine and $2.8 billion civil penalty are likely to receive cents on the dollar as they compete with trillions of dollars of other claims from those communities and other creditors in Purdue's bankruptcy proceedings. Members of the billionaire Sackler family who own Purdue agreed to pay a separate $225 million civil penalty for allegedly causing false claims for OxyContin to be made to government healthcare programs such as Medicare, according to court records. Neither the Sacklers nor any Purdue executives were criminally charged. Purdue reaped more than $30 billion from sales of OxyContin over the years, enriching Sackler family members while funneling illegal kickbacks to doctors and pharmacies.
Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.
A judge Monday found Johnson & Johnson responsible for fueling Oklahoma’s opioid crisis, ordering the health-care company to pay $572 million to remedy the devastation wrought by the epidemic on the state and its residents. Cleveland County District Judge Thad Balkman’s landmark decision is the first to hold a drugmaker culpable for the fallout of years of liberal opioid dispensing that began in the late 1990s. More than 400,000 people have died of overdoses from painkillers, heroin and illegal fentanyl since 1999. With more than 40 states lined up to pursue similar claims against the pharmaceutical industry, the ruling ... could influence both sides’ strategies in the months and years to come. Plaintiffs’ attorneys around the country cheered the decision, saying they hoped it would be a model for an enormous federal lawsuit brought by nearly 2,000 cities, counties, Native American tribes and others scheduled to begin in Cleveland, Ohio, in October. Johnson & Johnson’s products ... were a small part of the painkillers consumed in Oklahoma. But Hunter painted the company as an industry “kingpin” because two other companies it owned had grown, processed and supplied 60 percent of the ingredients in painkillers sold by most drug companies. “At the root of this crisis was Johnson & Johnson, a company that literally created the poppy that became the source of the opioid crisis,” the state charged. The state also said the health-care giant actively took part in ... an aggressive misinformation campaign.
Note: For more along these lines, see concise summaries of deeply revealing news articles on pharmaceutical industry corruption from reliable major media sources.
American shoppers are reaching for healthier, more environmentally and animal-friendly meat products, with 39 percent saying “all-natural” is the most important claim when purchasing red meat. But there’s one problem: The U.S. Department of Agriculture says that when it comes to meat and poultry, the term “natural” means only that the product has no artificial ingredients and has been minimally processed. It doesn’t mean anything when it comes to antibiotics, hormones or preservatives. Companies such as Tyson Foods Inc., Pilgrim’s Pride Corp. and Hormel Foods Corp. have been snapping up smaller, outwardly progressive competitors. At the same time, however, some of the major meat companies have been offering their own products as “natural,” replete with labels featuring blue skies and green fields. On April 8, the Superior Court of the District of Columbia - a jurisdiction with stringent consumer protection laws - dismissed a lawsuit by the Animal Legal Defense Fund (ALDF) alleging Hormel was misleading consumers. The court held that as long as manufacturer labels are approved by the USDA, the advertising can use the “natural” claims. In statements disclosed in the filing, a company executive said the same pigs it uses to make its famous Spam brand meat product are also used in Natural Choice pork products. Those pigs are often given antibiotics and are rarely allowed outdoors. “It’s a massive attempt to manipulate and dupe the consumer,” said David Muraskin, a food project attorney.
Note: For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
Rutger Bregman had not really intended to stick it to the global elite. But when the Dutch historian decided to go off-piste at the World Economic Forum and tell the assembled billionaires they should stop avoiding paying tax, he became an overnight social media sensation. “It’s been a crazy week and just for stating the obvious,” said Bregman, when asked about a panel discussion at the WEF last month in which he said the issue was “taxes, taxes, taxes, and all the rest is bullshit in my opinion”. Bregman had not been to Davos before. He was invited on the basis of the book Utopia for Realists, which argued for a basic income and a shorter working week. But he grew more irritated as the week wore on. He was surprised and maddened by the pushback when he mentioned tax. As a result, Bregman decided to change his plan for a panel on inequality. What Bregman said, put simply, was the Davos emperors have no clothes. They talk a lot about how something must be done about inequality and the need to address social unrest, but cavil at the idea they might be a big part of the problem. He told his audience that people in Davos talked about participation, justice, equality and transparency, but “nobody raises the issue of tax avoidance and the rich not paying their share. It is like going to a firefighters’ conference and not talking about water.” As a historian, Bregman noted the most successful period for capitalism occurred in the years after the second world war, when the top rate of tax in the US was above 90%.
Note: This historian later confronted Tucker Carlson of Fox News, who had a few choice dirty words for him. For more along these lines, see concise summaries of deeply revealing news articles on income inequality and corporate corruption.
In 2007, Miami’s top federal prosecutor, Alexander Acosta, had a breakfast appointment with a former colleague, Washington, D.C., attorney Jay Lefkowitz. For Lefkowitz ... the meeting was critical. His client, Palm Beach multimillionaire Jeffrey Epstein, 54, was accused of assembling a large, cult-like network of underage girls - with the help of young female recruiters - to coerce into having sex acts ... as often as three times a day. [Epstein] was also suspected of trafficking minor girls, often from overseas, for sex parties at his other homes in Manhattan, New Mexico and the Caribbean, FBI and court records show. But on the morning of the breakfast meeting, a deal was struck — an extraordinary plea agreement that would conceal the full extent of Epstein’s crimes and the number of people involved. The deal ... shut down an ongoing FBI probe into whether there were more victims and other powerful people who took part in Epstein’s sex crimes. Epstein and four of his [named] accomplices ... received immunity from all federal criminal charges. The deal included wording that granted immunity to "any potential co-conspirators" who were also involved in Epstein’s crimes. These accomplices or participants were not identified in the agreement. Now President Trump’s secretary of labor, Acosta, 49, oversees a massive federal agency that provides oversight of the country’s labor laws, including human trafficking. Court records reveal details of the ... role that Acosta would play in arranging the deal, which scuttled the federal probe into a possible international sex trafficking operation.
Note: Watch a 15-minute news video which asks hard questions around Epstein's pedophile ring and more. The incredibly eye-opening documentary "Imperium" uses major media reporting to show a huge cover-up of child sex trafficking rings which lead to the highest level of government. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
A San Francisco Superior Court jury awarded a historic $289 million verdict against the agrochemical conglomerate Monsanto. A California judge is considering taking away that jury award for punitive damages. When we learned that Dewayne “Lee” Johnson had taken Monsanto to court saying he got his terminal non-Hodgkin’s lymphoma from on-the-job exposure to Monsanto’s ubiquitous weed killer, Roundup, we were so captured by Johnson’s battle that we traveled to San Francisco to watch the trial. Johnson’s was the first of some 4,000 similar claims headed for courts across America. The judge appeared to be bending over backward to help Monsanto. Johnson’s jury heard evidence that, for four decades, Monsanto maneuvered to conceal Roundup’s carcinogenicity by capturing regulatory agencies, corrupting public officials, bribing scientists, ghostwriting science and engaging in scientific fraud. The jury found that these activities constituted “malice, fraud and oppression” warranting $250 million in punitive damages. We were among the many who applauded. However, California judges have the power to reduce, or even eliminate, a jury award. The jurors would be shocked to know that the product of their weeks of careful consideration ... could be thrown out at the whim of a judge who disagrees with the verdict. If a judge intervenes to alter their verdict, then what, after all, is the point of having jurors?
Note: The EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. A recent independent study published in a scientific journal also found a link between glyphosate and gluten intolerance. Internal FDA emails suggest that the food supply contains far more glyphosate than government reports indicate. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.
The mayor of the West Virginia city that has come to symbolize Americas opioid epidemic has called for the jailing of pharmaceutical company executives he likens to street corner drug dealers. Steve Williams, mayor of ... a city ravaged by prescription pill and heroin addiction, said he wants to see executives face criminal prosecution, after it was revealed that a member of the family that made billions of dollars from the painkiller that unleashed the epidemic stands to profit further after he was granted a patent for an anti-addiction medicine. They are drug dealers in Armani suits, said Williams. The decisions that have been made within the pharmaceutical industry have ravaged our nation. In June, Massachusetts became the first state to sue individual executives and owners of Purdue Pharma, the maker of the drug, OxyContin, which kicked off the biggest drug epidemic in American history, estimated to be killing more than 115 people a day. The lawsuit seeks to recover the billions of dollars in profit banked by members of the Sackler family, which owns Purdue. Massachusetts attorney general Maura Healey, accused the company and its officials of knowingly profiting from overdoses and death. Purdue Pharma and its executives built a multi-billion-dollar business based on deception and addiction. The more drugs they sold, the more money they made, she said in announcing the lawsuit.
Note: According to a former DEA agent, Congress helped drug companies fuel the opioid epidemic. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.
Yesterday afternoon a colleague forwarded me an article from the Daily Mail, asking me if it could possibly be true. The article in question is an expose on Snopes.com, the fact checking site used by journalists ... that Facebook recently partnered with to fact check news stories on its platform. The Daily Mail’s article makes a number of claims about the site’s principles and organization, [and questions] whether the site could possibly act as a trusted and neutral arbitrator of the “truth.” The Daily Mail appeared to be sourcing its claims from a series of emails and other documents from a court case. Neither Snopes nor its principles had issued any kind of statement ... disclaiming the story. When I reached out to David Mikkelson, the founder of Snopes, for comment, I fully expected him to respond with a lengthy email in Snopes’ trademark point-by-point format. It was with incredible surprise therefore that I received David’s one-sentence response which read in its entirety “I'd be happy to speak with you, but I can only address some aspects in general because I'm precluded by the terms of a binding settlement agreement from discussing details of my divorce.” This absolutely astounded me. Here was the one of the world’s most respected fact checking organizations, soon to be an ultimate arbitrator of “truth” on Facebook, saying that it cannot respond to a fact checking request because of a secrecy agreement. In short, when someone attempted to fact check the fact checker, the response was the equivalent of “it's secret.”
Note: For lots more on this, see this webpage. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the manipulation of public perception.
Scandals brought down Harvey Weinstein's movie studio and major opioid supplier Mallinckrodt. But their wealthy owners, directors and executives were granted lifetime immunity from related lawsuits in bankruptcy court – an overwhelmingly common tactic in major U.S. Chapter 11 cases, a Reuters review found. Such immunity grants have become a pervasive but little-understood feature of the U.S. bankruptcy system. The releases are now granted by judges in 9 of 10 major Chapter 11 cases. The lawsuit shields, requested by the company or organization in bankruptcy, are called "nondebtor" releases because they are bestowed on people and entities that never have to declare Chapter 11 themselves. The recipients effectively get the benefits of bankruptcy protection without the associated financial or reputational damage. Reuters ... examined 29 U.S. bankruptcies that were preceded by mass tort litigation against companies or other entities, many of which included allegations involving dangerous products or sexual abuse. The review found that about 1.2 million claimants in these cases have signed away their rights to sue related parties or face pressure to approve such releases in ongoing bankruptcy-court negotiations. The 29 bankruptcies included those of 14 Catholic dioceses or religious orders and the Boy Scouts of America amid lawsuits alleging child molestation; [and] the collapse of opioid suppliers Purdue Pharma LP and Mallinckrodt plc over their alleged roles in a deadly addiction epidemic.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and sexual abuse scandals from reliable major media sources.
Whether dodging taxes or legal peril, wealthy Americans often succeed in concealing assets from the government by hiding their money in offshore bank accounts. Research from the IRS and a group of economists last year found that the top 1% of earners in the U.S. neglect to report 20% of their income – and that random audits almost never detect offshore accounts. Tax havens like Switzerland or the Cayman Islands have traditionally offered Americans a place to hide their assets because they fiercely guard financial privacy and have minimal to no taxes. Often, they also have laws that inhibit scrutiny from foreign tax officials. Prior to his latest book, [author Patrick Radden] Keefe published "Empire of Pain," which chronicled the billionaire Sackler family's connection to the nation's opioid epidemic. The Sacklers, the notorious family that owned the now bankrupt Purdue Pharma, reportedly have much of their wealth hidden in offshore accounts. An audit commissioned by Purdue showed the family withdrew more than $10 billion from their company during the opioid crisis, CNN reported in October 2020. They began drawing especially large amounts of money from the firm after paying $600 million in a 2007 plea deal with the Justice Department for misleading physicians and consumers about the opioid OxyContin, CNN reported. "The kind of sophistication of the whole industry of financial dissimulation ... such that nobody can put their hands on the money, is really interesting." Keefe told Yahoo Finance.
Note: A 2015 Guardian newspaper article further describes how the US helps the super-rich hide assets. For more along these lines, see concise summaries of financial industry corruption news articles from reliable major media sources.
https://www.theguardian.com/us-news/2022/jul/09/weedkiller-glyphosate-cdc-study...
More than 80% of urine samples drawn from children and adults in a US health study contained a weedkilling chemical linked to cancer, a finding scientists have called "disturbing" and "concerning". The report by a unit of the Centers for Disease Control and Prevention (CDC) found that out of 2,310 urine samples, taken from a group of Americans intended to be representative of the US population, 1,885 were laced with detectable traces of glyphosate. This is the active ingredient in herbicides sold around the world, including the widely used Roundup brand. Almost a third of the participants were children. [Lianne] Sheppard co-authored a 2019 analysis of people highly exposed to glyphosate, which concluded there was a "compelling link" between glyphosate and an increased risk of non-Hodgkin lymphoma. Both the amount and prevalence of glyphosate found in human urine has been rising steadily since the 1990s when Monsanto Co. introduced genetically engineered crops designed to be sprayed directly with Roundup, according to research published in 2017. The weedkiller is sprayed directly over genetically engineered crops such as corn and soybeans, and also over non-genetically engineered crops such as wheat and oats as a desiccant to dry crops out prior to harvest. It is considered the most widely used herbicide in history. The International Agency for Research on Cancer, a unit of the World Health Organization ... classified glyphosate as a probable human carcinogen in 2015.
Note: Instead of relying on independent science, the EPA used industry studies to determine that glyphosate was safe. For more along these lines, see concise summaries of deeply revealing news articles on GMOs and health from reliable major media sources.
The wage gap between chief executives and workers at some of the US companies with the lowest-paid staff grew even wider last year, with CEOs making an average of $10.6m, while the median worker received $23,968. A study of 300 top US companies released by the Institute for Policy Studies (IPS) on Tuesday found the average gap between CEO and median worker pay jumped to 670-to-1. The ratio was up from 604-to-1 in 2020. Forty-nine firms had ratios above 1,000-to-1. At more than a third of the companies surveyed, IPS found that median worker pay did not keep pace with inflation. The report ... comes amid a wave of unionization efforts among low wage workers and growing scrutiny of the huge share buyback programs many corporations have been using to inflate their share prices. US companies announced plans to buy back more than $300bn of their own shares in the first quarter of the year and Goldman Sachs has estimated that buybacks could top $1tn in 2022. Share-related remuneration makes up the largest portion of senior executive compensation and as buybacks generally boost a company's share price, they also boost executive pay. The biggest buyback firm was home improvement chain Lowe's, which spent $13bn on share repurchases. That money could have given each of its 325,000 employees a $40,000 raise. Instead, median pay at the company fell 7.6% to $22,697. IPS noted that many of the companies in its sample were also the recipients of large federal government contracts.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the corporate corruption and income inequality from reliable major media sources.
One in three people across America have detectable levels of a toxic herbicide linked to cancers, birth defects and hormonal imbalances, a major nationwide survey has found. Human exposure to the herbicide 2,4-D has substantially risen amid expanding use among farmers despite a multitude of health and environmental concerns, according to the first nationally representative study evaluating the footprint of the chemical. Researchers from George Washington university examined the urine samples of 14,395 people (aged six and older) from all walks of life who take part in the annual National Health and Nutrition Examination Survey. They looked for biomarkers to the pesticide, and compared the exposure levels detected with the use of 2,4-D from 2001 until 2014. As the pesticide grew in popularity among farmers and gardeners, so did evidence of human exposure, rising from a low of 17% in 2001-02 to a high of almost 40% a decade later. Exposure to high levels of 2,4-D, an ingredient of Agent Orange used against civilians during the Vietnam war, has been linked to cancers including leukemia in children, birth defects and reproductive problems among other health issues. The study, published online in Environmental Health, found exposure was not uniform, with several subgroups including children aged six to 11 and women of childbearing age showing substantially higher levels of 2,4-D in their urine. Overall, the amount of 2,4-D applied in agriculture increased 67% between 2012 and 2020.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health from reliable major media sources.
A journalist writing for The BMJ has won a British Journalism Award for his series on the financial interests of medical experts advising US and UK governments during the covid-19 pandemic. As a result of the articles written by Paul Thacker, an investigative journalist, the financial disclosures of members of the Scientific Advisory Group for Emergencies (SAGE) were published for the first time. Thacker's first story looked at two groups critical to the UK government's pandemic response–SAGE and the Vaccine Taskforce. He examined both and found that they did not disclose their members' financial conflicts. Some members were tied to companies with a monetary interest in the government's purchases. Thacker ... filed freedom of information (FoI) requests with multiple government departments and Oxford University. In a second story he wrote about the government's repeated refusal to turn over these data. However, the FoI ... revealed that Thacker's original request was apparently sent to a special government department to handle any reporter considered a "campaigner" or to have "extreme views." Eventually, the government relented and published the financial conflicts for the members of SAGE. In the final story of the series Thacker looked at the panels that the US and UK governments used to authorize vaccines and revealed that ... disclosure policies were inadequate. Some experts evaluating the vaccines had significant industry ties that were not disclosed.
Note: Read the full text of Thacker's article titled, "Covid-19: How independent were the US and British vaccine advisory committees?" and another titled "How the case of the Oxford professor exposes a transparency crisis in government." For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.
Before a vaccine to combat the coronavirus pandemic is within view, the Trump administration has already walked back its initial refusal to promise that any remedy would be affordable to the general public. “We can’t control that price because we need the private sector to invest,” Alex Azar, Health and Human Services secretary and a former drug industry executive, told Congress. After extraordinary blowback, the administration insisted that in the end, any treatment would indeed be affordable. The federal government, though, under the Clinton administration, traded away one of the key tools it could use to make good on the promise of affordability. Gilead Sciences, a drugmaker known for price gouging, has been working with Chinese health authorities to see if the experimental drug remdesivir can treat coronavirus symptoms. But remdesivir, which was previously tested to treat Ebola virus, was developed through research conducted at the University of Alabama ... with funding from the federal government. That’s how much of the pharmaceutical industry’s research and development is funded. The public puts in the money, and private companies keep whatever profits they can. It wasn’t always that way. Before 1995, drug companies were required to sell drugs funded with public money at a reasonable price. Under the Clinton administration, that changed. In April 1995, the Clinton administration capitulated to pharmaceutical industry pressure and rescinded the longstanding “reasonable pricing” rule.
Note: Read an excellent post by an infectious disease doctor saying he's much more concerned about the fear and panic around the Coronavirus than about the virus itself. For more along these lines, see concise summaries of deeply revealing news articles on health from reliable major media sources.
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