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Revealing News For a Better World

Corporate Corruption News Articles
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Below are key excerpts of revealing news articles on corporate corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.


Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


Jury orders Monsanto to pay $289 million to cancer patient in Roundup lawsuit
2018-08-10, USA Today
https://www.usatoday.com/story/news/2018/08/10/jury-orders-monsanto-pay-289-m...

A jury ordered chemical giant Monsanto to pay $289 million Friday to a school groundskeeper who got terminal cancer after using Roundup, one of the world's most popular weed killers. The Superior Court jury [found] that Dewayne Johnson's non-Hodgkin lymphoma was at least partly due to using glyphosate, the primary ingredient in Roundup. Johnson regularly used glyphosate to spray fields while working as a groundskeeper. Monsanto "acted with malice, oppression or fraud and should be punished for its conduct," Judge Suzanne Ramos Bolanos announced in court. Hundreds of lawsuits claiming Roundup causes cancer have been given the green light to proceed to trial. Cancer victims and families presenting cases say Monsanto knew about the ingredient's risk for years, but failed to warn buyers. Johnson's doctors testified he is unlikely to live past 2020. The 46-year-old Bay-area resident worked for a California county school system and applied the weed killer up to 30 times per year as part of his pest-control responsibilities. During that time, he mixed and sprayed hundreds of gallons of the chemical. “Today the jury confirmed what we have known since our investigation began — that Monsanto knew Roundup contained cancer-causing ingredients and failed to take this product off the shelf and protect consumers. The company chose corporate profit and greed above humanity,” said Micah Dortch of the Potts Law Firm.

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 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 food system corruption and health.


3M Knew About the Dangers of PFOA and PFOF Decades Ago, Internal Documents Show
2018-07-31, The Intercept
https://theintercept.com/2018/07/31/3m-pfas-minnesota-pfoa-pfos/

News that the Environmental Protection Agency pressured the federal Agency for Toxic Substances and Disease Registry to suppress a study showing PFAS chemicals to be even more dangerous than previously thought drew outrage this spring. The EPA pressure delayed the study’s publication for several months. But the dangers presented by these industrial chemicals have been known for decades, not just a few months or years. A lawsuit filed by Minnesota against 3M, the company that first developed and sold PFOS and PFOA, the two best-known PFAS compounds, has revealed that the company knew that these chemicals were accumulating in people’s blood for more than 40 years. 3M researchers documented the chemicals in fish, just as the Michigan scientist did, but they did so back in the 1970s. The suit, which the Minnesota attorney general filed in 2010, charges that 3M polluted groundwater with PFAS compounds and “knew or should have known” that these chemicals harm human health and the environment, and “result in injury, destruction, and loss of natural resources of the State.” The complaint argues that 3M “acted with a deliberate disregard for the high risk of injury to the citizens and wildlife of Minnesota.” 3M settled the suit for $850 million in February, and the Minnesota Attorney General’s Office released a large set of documents — including internal studies, memos, emails, and research reports — detailing what 3M knew about the chemicals’ harms.

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


CBS chief Leslie Moonves accused of sexual misconduct in Ronan Farrow article
2018-07-27, ABC News
https://abcnews.go.com/Entertainment/cbs-chief-leslie-moonves-accused-sexual-...

The New Yorker has published a bombshell investigation of the head of CBS Corporation that includes allegations of sexual misconduct. The article by Ronan Farrow alleges that CBS chairman and CEO Leslie Moonves engaged in inappropriate sexual behavior, including unwanted kissing and touching that occurred over 20 years ago. Farrow told ABC News that his latest piece is "about six women who did an incredibly brave thing: overcoming tremendous fear of retaliation to speak about their experiences with Moonves. But it’s also a story about dozens and dozens of sources who told us that a culture of harassment and retaliation had permeated various facets of his company," he said. The women recalled events when they were threatened with retaliation when rebuffing advances and detailed accounts of sexual assault. They "say that they are still afraid of Les Moonves," Farrow said. "They are speaking because they believe there is a broader culture around him in which he has protected other men who have engaged in similar misconduct," Farrow said. Moonves denied any allegations of sexual assault but acknowledged, "I recognize that there were times decades ago when I may have made some women uncomfortable by making advances. Those were mistakes, and I regret them immensely." A person "familiar with the situation" told The Wall Street Journal that CBS has no plans to sideline Moonves.

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


The cashless society is a con – and big finance is behind it
2018-07-19, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/commentisfree/2018/jul/19/cashless-society-con-bi...

All over the western world banks are shutting down cash machines and branches. They are trying to push you into using their digital payments and digital banking infrastructure. Financial institutions ... are trying to nudge us towards a cashless society and digital banking. The true motive is corporate profit. Payments companies such as Visa and Mastercard want to increase the volume of digital payments services they sell, while banks want to cut costs. The nudge requires two parts. First, they must increase the inconvenience of cash. Second, they must vigorously promote the alternative. But a cashless society is not in your interest. It is in the interest of banks and payments companies. Their job is to make you believe that it is in your interest too, and they are succeeding in doing that. The recent Visa chaos, during which millions of people who have become dependent on digital payment suddenly found themselves stranded when the monopolistic payment network crashed, was a temporary setback. Digital systems may be “convenient”, but they often come with central points of failure. Cash, on the other hand, does not crash. It does not rely on external data centres, and is not subject to remote control or remote monitoring. The cash system allows for an unmonitored “off the grid” space. This is also the reason why financial institutions and financial technology companies want to get rid of it. Cash transactions are outside the net that such institutions cast to harvest fees and data.

Note: For more on this questionable trend, see this article and this one in the UK's Guardian. For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption and the disappearance of privacy.


Monsanto 'bullied scientists' and hid weedkiller cancer risk, lawyer tells court
2018-07-09, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/business/2018/jul/09/monsanto-trial-roundup-weedk...

Monsanto has long worked to “bully scientists” and suppress evidence of the cancer risks of its popular weedkiller, a lawyer argued on Monday in a landmark lawsuit against the global chemical corporation. “Monsanto has specifically gone out of its way to bully ... and to fight independent researchers,” said the attorney Brent Wisner, who presented internal Monsanto emails that he said showed how the agrochemical company rejected critical research and expert warnings over the years while pursuing and helping to write favorable analyses of their products. Wisner ... is representing DeWayne Johnson, known also as Lee, a California man whose cancer has spread through his body. The father of three ... is the first person to take Monsanto to trial over allegations that the chemical sold under the Roundup brand is linked to cancer. Thousands have made similar legal claims across the US. The suit centers on glyphosate ... which Monsanto began marketing as Roundup in 1974, presenting it as a technological breakthrough that could kill almost every weed without harming humans. Studies have suggested otherwise, and in 2015, the World Health Organization’s international agency for research on cancer (IARC) classified glyphosate as “probably carcinogenic to humans”. Glyphosate has been found in food, a variety of water sources, and the urine of agricultural workers. A number of countries have policies banning or restricting the sale and use of glyphosate.

Note: For more, see this article from the San Francisco Chronicle. As major lawsuits like this one against Monsanto unfold, the EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. A recent independent study published in a scientific journal 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 food system corruption and health.


The NSA’s Hidden Spy Hubs in Eight U.S. Cities
2018-06-25, The Intercept
https://theintercept.com/2018/06/25/att-internet-nsa-spy-hubs/

Thousands of people pass by the buildings each day and rarely give them a second glance, because their function is not publicly known. They are an integral part of one of the world’s largest telecommunications networks – and they are also linked to a controversial National Security Agency surveillance program. Atlanta, Chicago, Dallas, Los Angeles, New York City, San Francisco, Seattle, and Washington, D.C.. In each of these cities, The Intercept has identified an AT&T facility containing networking equipment that transports large quantities of internet traffic across the United States and the world. A body of evidence – including classified NSA documents, public records, and interviews with several former AT&T employees – indicates that the buildings are central to an NSA spying initiative that has for years monitored billions of emails, phone calls, and online chats passing across U.S. territory. The NSA considers AT&T to be one of its most trusted partners and has lauded the company’s “extreme willingness to help.” Little known, however, is that its scope is not restricted to AT&T’s customers. According to the NSA’s documents, it values AT&T not only because it “has access to information that transits the nation,” but also because it maintains unique relationships with other phone and internet providers. The NSA exploits these relationships for surveillance purposes, commandeering AT&T’s massive infrastructure and using it as a platform to covertly tap into communications processed by other companies.

Note: The NSA was authorized in 2016 to share communications data it collected without warrants on Americans with 16 intelligence and law enforcement agencies. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy.


Voting machine vendor treated election officials to trips to Vegas, elsewhere
2018-06-21, Fresno Bee/McClatchy
https://www.fresnobee.com/news/politics-government/article213558729.html

The nation’s largest voting equipment vendor has for at least nine years coaxed state and local elections officials to serve on an “advisory board” that gathers twice annually for company-sponsored conferences, including one last year at a ritzy Las Vegas resort hotel. The arrangement could compromise the integrity of the officials' decisions. As many as a dozen election officials attended the March 2, 2017 Las Vegas meeting, with a number of them accepting airfare, lodging, meals and, according to one participant, a ticket to a show on the Strip from their voting systems vendor, Nebraska-based Election Systems and Software (ES&S). The unusual practice, which has not previously been reported, offers a glimpse of one way in which a voting equipment manufacturer has sought to cement relationships with government officials, some of whom play roles in the award of millions of dollars in contracts. Ethics experts and election watchdogs say the company's hospitality and hobnobbing with government officials is potentially corrupting. Many states are continuing a shift to voting systems that produce paper backup ballots, so vote counts can be verified in post-election audits. ES&S is peddling electronic ballot-marking devices that produce paper ballots to be fed into optical scanners – equipment that critics contend should be limited to use by disabled voters. Paper ballots, they say, are far less expensive and can be scanned and quickly tabulated.

Note: Why all the focus on Russia manipulating US elections, when this alone shows how US elections are being manipulated by internal groups? For undeniable evidence that elections have been manipulated for years by political groups in the country, see our Elections Information Center.


How the Koch Brothers Are Killing Public Transit Projects Around the Country
2018-06-19, New York Times
https://www.nytimes.com/2018/06/19/climate/koch-brothers-public-transit.html

Americans for Prosperity ... is financed by the oil billionaires Charles G. and David H. Koch to advance conservative causes. In cities and counties across the country ... the Koch brothers are fueling a fight against public transit. At the heart of their effort is a network of activists who use a sophisticated data service built by the Kochs, called i360, that helps them identify and rally voters who are inclined to their worldview. It is a particularly powerful version of the technologies used by major political parties. In places like Nashville, Koch-financed activists are finding tremendous success. Early polling ... suggested that [a] $5.4 billion transit plan would easily pass. But the outcome of the May 1 ballot stunned the city: a landslide victory for the anti-transit camp. The Kochs’ opposition to transit spending ... dovetails with their financial interests, which benefit from automobiles and highways. Even as Americans for Prosperity opposes public investment in transit, it supports spending tax money on highways and roads. Since 2015, Americans for Prosperity has coordinated door-to-door anti-transit canvassing campaigns for at least seven local or state-level ballots. Americans for Prosperity and other Koch-backed groups have also opposed more than two dozen other transit-related measures ... by organizing phone banks, running advertising campaigns, staging public forums, issuing reports and writing opinion pieces in local publications.

Note: The Koch brothers built a secretive empire to manipulate the political process in the US. This empire spent nearly $1 billion on US elections in 2016. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the manipulation of public perception.


Germany's Bayer closes $63 billion Monsanto takeover, plans to drop US company's name
2018-06-07, CNBC News
https://www.cnbc.com/2018/06/07/germanys-bayer-closes-monsanto-deal-plans-to-...

German conglomerate Bayer on Thursday closed its $63 billion merger with Monsanto after getting the required nod from U.S. and EU regulators. The closing sets the stage for the ... brand name "Monsanto" to be dropped by Bayer. Monsanto's agricultural biotechnology research and development operations that are going to Bayer are the largest in the world. "The entire business is essentially going over to Bayer intact," said ... analyst Seth Goldstein. "Taking away the Monsanto name is more of a branding. It should allow for easier PR for Bayer." The annual Harris Poll of corporate reputation ratings among America's "100 most visible companies" has regularly shown Monsanto rank toward the lower end of the list. Monsanto ranked 97 on the list of 100 companies in 2017 and survey results this year put it at 95. Monsanto has spent upwards of $100 million in some years on advertising costs. Some of the corporate efforts have been in direct response to social media attacks ... against genetically modified organisms. Monsanto also has faced protests over the American company's Roundup herbicide product containing glyphosate. The International Agency for Research on Cancer classified glyphosate as "probably carcinogenic" back in 2015. "It's not a surprise Bayer is dropping the Monsanto name since the brand has so many issues and there was international rejection of GMOs," said Andrew Kimbrell, executive director of the Center for Food Safety.

Note: Monsanto has become the target of a negative publicity campaign for very good reasons because of it's huge support of GMOs and RoundUp. Now, Bayer is hoping to erase this negative image, yet they are far from a responsible company. See this post documenting how Bayer collaborated with the Nazis to kill Jews and much more. For more along these lines, see concise summaries of deeply revealing news articles on corruption in the corporate world and in the food system.


Facebook Gave Device Makers Deep Access to Data on Users and Friends
2018-06-03, New York Times
https://www.nytimes.com/interactive/2018/06/03/technology/facebook-device-par...

As Facebook sought to become the world’s dominant social media service, it struck agreements allowing phone and other device makers access to vast amounts of its users’ personal information. Facebook has reached data-sharing partnerships with at least 60 device makers - including Apple, Amazon, BlackBerry, Microsoft and Samsung. The partnerships ... raise concerns about the company’s privacy protections and compliance with a 2011 consent decree with the Federal Trade Commission. Facebook allowed the device companies access to the data of users’ friends without their explicit consent, even after declaring that it would no longer share such information with outsiders. Some device makers could retrieve personal information even from users’ friends who believed they had barred any sharing. In interviews, several former Facebook software engineers and security experts said they were surprised at the ability to override sharing restrictions. “It’s like having door locks installed, only to find out that the locksmith also gave keys to all of his friends so they can come in and rifle through your stuff without having to ask you for permission,” said Ashkan Soltani, a research and privacy consultant who formerly served as the F.T.C.’s chief technologist.

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


Dodd-Frank rollback is money in the banks
2018-05-23, San Francisco Chronicle (San Francisco's leading newspaper)
https://www.sfchronicle.com/opinion/editorials/article/Editorial-Dodd-Frank-r...

The House’s bipartisan vote Tuesday to weaken Dodd-Frank, the banking and consumer reform legislation passed in the wake of the 2008 financial collapse and recession ... dramatically shrinks the number of institutions deemed important to the financial system and therefore subject to strict oversight. It raises the threshold automatically triggering such measures from $50 billion to $250 billion in assets. Small banks, defined as under $10 billion in assets, would also be exempt from the Volcker Rule, which prohibits certain risky investments of customers’ money. And an estimated 85 percent of banks would also be excused from reporting requirements meant to detect discrimination in home mortgage lending. Supporters of the regulatory retreat would have the public believe that Dodd-Frank constitutes a crushing burden on a struggling financial industry. Meanwhile, on the very day that the House approved the rollback, the Federal Deposit Insurance Corp. reported that the commercial banks and savings institutions it covers made $56 billion in the first quarter of the year, a 27.5 percent increase from a year earlier. Congress’ ... likely motivation is another figure: the $1.1 billion in contributions to federal campaigns attributed to financial institutions in the last two-year election cycle, according to the Center for Responsive Politics, more than any other sector spent. That haul favored Republicans only modestly, with 46 percent going to Democrats. Judging by this week’s vote, it was money well spent.

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


'CEOs don't want this released': US study lays bare extreme pay-ratio problem
2018-05-18, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2018/may/16/ceo-worker-pay-ratio-america-...

The first comprehensive study of the massive pay gap between the US executive suite and average workers has found that the average CEO-to-worker pay ratio has now reached 339 to 1, with the highest gap approaching 5,000 to 1. The study, titled "Rewarding Or Hoarding?," was published [by] US congressman Keith Ellison. Just the summary makes for sober reading. In 188 of the 225 companies in the report’s database, a single chief executive’s pay could be used to pay more than 100 workers; the average worker at 219 of the 225 companies studied would need to work at least 45 years to earn what their CEO makes in one. “Now we know why CEOs didn’t want this data released,” says Ellison, who championed the implementation of the pay ratio disclosure rule as it was written into the Dodd-Frank financial reform bill of 2010. “I knew inequality was a great problem in our society but I didn’t understand quite how extreme it was.” The requirements, long resisted by some of the largest US companies, simply tells companies to identify a median worker and then calculate how much the CEO makes in comparison to that person. According to a recent Bloomberg analysis of 22 major world economies, the average CEO-worker pay gap in the US far outpaces that of other industrialized nations. The average US CEO makes more than four times his or her counterpart in the other countries analyzed. Ellison said the data remains imperfect, as companies are still able to exclude contracted workers from their reporting.

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


Google employees quit over controversial Pentagon work
2018-05-14, New York Post
https://nypost.com/2018/05/14/google-employees-quit-over-controversial-pentag...

Theres something eating at Google employees. Roughly one dozen employees of the search giant have resigned in the wake of reports that the ... company is providing artificial intelligence to the Pentagon. The employees resigned because of ethical concerns over the companys work with the Defense Department that includes helping the military speed up analysis of drone footage by automatically classifying images of objects and people, Gizmodo reported. Many of the employees who quit have written accounts of their decisions to leave the company. Their stories have been gathered and shared in an internal document. Google is helping the DoDs Project Maven implement machine learning to classify images gathered by drones, according to the report. Some employees believe humans, not algorithms, should be responsible for this sensitive and potentially lethal work - and that Google shouldnt be involved in military work at all. The 12 resignations are the first known mass resignations at Google in protest against one of the companys business decisions - and they speak to the strongly felt ethical concerns of the employees who are departing. In addition to the resignations, nearly 4,000 Google employees have voiced their opposition to Project Maven in an internal petition that asks Google to immediately cancel the contract and institute a policy against taking on future military work.

Note: You can read the full employee petition on this webpage. An open letter in support of google employees and tech workers was signed by more than 90 academics in artificial intelligence, ethics, and computer science. The New York Times also published a good article on this. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and war


The problem with prescription drug prices
2018-05-06, CBS News
https://www.cbsnews.com/news/the-problem-with-prescription-drug-prices/

One very expensive prescription drug threatened to financially cripple an entire city. Rather than using a health insurance company, Rockford, [Illinois] has, for years, paid its own health care costs for its 1,000 employees and their dependents. When Rockford got hit with the drug bill it was so enormous the mayor at the time set out to understand why. In 2015, two small children of Rockford employees were treated with Acthar, a drug that's been on the market since 1952. In 2001, Acthar sold for about $40 a vial. Today: more than $40,000. [Rockford Mayor Larry Morrissey] wanted to know how that could've happened. His investigation got nowhere until last year, when the Federal Trade Commission charged the drug manufacturer, Mallinckrodt, with violating antitrust laws. [The company] bought another drug that was Acthar's main competitor ... and put it on the shelf. Many of the doctors who prescribed a lot of Acthar also were getting money from the company that makes Acthar ... adding up to huge sums. Cities like Rockford [hire pharmacy benefit managers or PBMs] to negotiate down the price of drugs. The company negotiating prices for Rockford is Express Scripts. Express Scripts is many companies, not just the PBM. It also owns a pharmacy that sells expensive drugs, [as well as] a company that ships and packs expensive drugs. The city of Rockford was able to find out one more piece of the puzzle: that Express Scripts ... had a contract to be the exclusive distributor of Acthar.

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


Amazon pulls child sex dolls after criticism from UK watchdog
2018-04-12, Reuters
https://www.reuters.com/article/us-amazon-com-children-sexcrimes/amazon-pulls...

Child sex dolls have been pulled from sale by online retail giant Amazon.com Inc after widespread criticism from a watchdog and charities in Britain over concerns that people who use such lifelike dolls may go on to sexually abuse children. More than a dozen child sex dolls were removed from sale, having been listed by third-party sellers, according to Amazon. “All Marketplace sellers must follow our selling guidelines and those who don’t will be subject to action including potential removal of their account,” an Amazon spokesman said in a statement. England Children’s Commissioner, Anne Longfield, said Amazon should explain how the dolls were permitted to be posted on their website, and ensure they cannot be put back up for sale. Britain allows people to manufacture and own child sex dolls yet it is illegal to import them. A British man was convicted last year for doing so in what police said was a landmark case in the fight against a new form of sex crime against children. Opinion is divided over the use of child sex dolls, which have the appearance, weight and anatomy of real children. Some charities argue such dolls should be made available on prescription to help prevent people who are sexually attracted to children acting on their desires. Other organizations, such as the National Society for the Prevention of Cruelty to Children (NSPCC), say sex dolls can be dangerous proxies to act out fantasies like rape or child abuse.

Note: Though the US House of Representatives passed a bill in June of 2018 banning sex dolls that look like children, it has yet to be approved by the Senate as of Oct., 2018. And this article shows amazon is still selling child-like sex dolls, though they are not listed as children.


I Downloaded the Information That Facebook Has on Me. Yikes.
2018-04-11, New York Times
https://www.nytimes.com/2018/04/11/technology/personaltech/i-downloaded-the-i...

I downloaded a copy of my Facebook data last week. I didn’t expect to see much. But when I opened my file, it was like opening Pandora’s box. I learned that about 500 advertisers - many that I had never heard of, like Bad Dad, a motorcycle parts store, and Space Jesus, an electronica band - had my contact information, which could include my email address, phone number and full name. Facebook also had my entire phone book, including the number to ring my apartment buzzer. The social network had even kept a permanent record of the roughly 100 people I had deleted from my friends list over the last 14 years. Facebook said unfamiliar advertisers might appear [in the file] because they might have obtained my contact information from elsewhere, compiled it into a list of people they wanted to target and uploaded that list into Facebook. Brands can obtain your information [by] buying ... from a data provider like Acxiom, which has amassed one of the world’s largest commercial databases on consumers. Let’s be clear: Facebook is just the tip of the iceberg when it comes to what information tech companies have collected on me. Knowing this, I also downloaded copies of my Google data with a tool called Google Takeout. The data sets were exponentially larger than my Facebook data. Here was the biggest surprise: In a folder labeled Ads, Google kept a history of many news articles I had read. Be warned: Once you see the vast amount of data that has been collected about you, you won’t be able to unsee it.

Note: Those who want to download their own Facebook data can use this link. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


New AUSTRAC boss Nicole Rose shocked by 'depth and breadth' of money laundering
2018-04-04, ABC News (Australia affiliate)
http://www.abc.net.au/news/2018-04-05/new-austrac-boss-shocked-by-money-laund...

Australia's financial intelligence czar Nicole Rose says she is shocked at the depth of money laundering in the economy involving organised crime, child exploitation and drug importation. "I thought coming from the Australian Criminal Intelligence Commission that I had a pretty good handle on serious and organised crime," she [said]. "I didn't appreciate the depth and breadth of involvement with private entities and banks. I didn't appreciate how many industries it does actually touch. There's a misperception that money laundering is a victimless white collar crime. It has a massive impact on everyday life whether that's child exploitation, serious and organised crime or drug importation. It all involves money laundering." A career public servant specialising in anti-terrorism strategy, Ms Rose was appointed chief executive of the Australian Transactions Reports & Analysis Centre (AUSTRAC) in November last year. Ms Rose, a former deputy head of the Australian Criminal Intelligence Commission, inherited AUSTRAC's high stakes case against the Commonwealth Bank which is fighting almost 54,000 allegations that it broke anti-money laundering and anti-terrorism financing laws. While not commenting directly on the CBA case, Ms Rose said she was confident that all Australian banks are now aware of the money laundering risk. However, Ms Rose was uncertain when the $10,000 reporting threshold on cash transactions would be extended from financial institutions to other high-risk sectors.

Note: Explore an eye-opening article by Fiona Barnett, which claims the Watergate break in's real purpose was steal a list of high level political pedophiles from both parties. As reported in this Sydney Morning Herald article, Ms. Barnett testified to Australia's Royal Commission into Institutional Responses to Child Sexual Abuse on being a victim of a high level pedophile ring. More on this is available in this article from the UK's Daily Mail.


'Dirty meat': Shocking hygiene failings discovered in US pig and chicken plants
2018-03-21, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/animals-farmed/2018/feb/21/dirty-meat-shocking-hy...

Shocking hygiene failings have been discovered in some of the US’s biggest meat plants, as a new analysis reveals that as many as 15% (one in seven) of the US population suffers from foodborne illnesses annually. A joint investigation by the Bureau of Investigative Journalism (TBIJ) and the Guardian found that hygiene incidents are at numbers that experts described as “deeply worrying”. US campaigners are calling once again for the closure of a legal loophole that allows meat with salmonella to be sold in the human supply chain, and also warn about the industry’s push to speed up production in the country’s meat plants. Unpublished US- government records highlight numerous specific incidents including: Diseased poultry meat that had been condemned found in containers used to hold edible food products; Pig carcasses piling up on the factory floor after an equipment breakdown, leading to contamination with grease, blood and other filth; Meat destined for the human food chain found riddled with faecal matter and abscesses filled with pus; High-power hoses being used to clean dirty floors next to working production lines containing food products; Factory floors flooded with dirty water after drains became blocked by meat parts and other debris; Dirty chicken, soiled with faeces or having been dropped on the floor, being put back on to the production line after being rinsed with dilute chlorine.

Note: Read more on the unsafe and unethical high speed slaughterhouses on track for USDA approval. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.


One thing Democrats and Republicans apparently agree on: Destabilizing the banking sector again
2018-03-09, Los Angeles Times
http://www.latimes.com/opinion/op-ed/la-oe-dayen-deregulation-bank-bill-20180...

Next week marks the 10th anniversary of the run on Bear Stearns, the investment bank that collapsed under the weight of toxic subprime mortgages ... leading to the biggest economic crisis in nearly a century. That seems like a terrible political backdrop for the Senate to pass a bill that deregulates the banking sector. But that's exactly what's about to happen. The Economic Growth, Regulatory Relief and Consumer Protection Act, which pro-regulation groups have called the "Bank Lobbyist Act," advanced in the Senate this week. The ... Congressional Budget Office stated [that the] legislation would increase the risk of another [financial crisis] happening. The bill ... rolls back key pieces of the Dodd-Frank Act and includes giveaways to large institutions of the same size and scope as the ones that crashed the economy in 2008. The most important measure in the legislation raises the threshold for enhanced regulatory supervision by the Federal Reserve from $50 billion to $250 billion. The beneficiaries, 25 of the top 38 banks in America, could be called "stadium banks:" not big enough to count as Wall Street mega-banks, but big enough to have a sports stadium named after them. Nearly all giant foreign banks with operations in the U.S. could enjoy the same weaker rules. Why would more than one-third of the Senate Democratic caucus provide the margin of victory on [this] bill. The answer is simple: money. The top three recipients of campaign donations from commercial banks since 2017 are Democrats. This whole process reveals that bipartisanship usually arrives in Washington at the barrel of a money cannon.

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


Monsanto concealed effects of toxic chemical for decades, Ohio AG alleges
2018-03-06, NBC News
https://www.nbcnews.com/news/us-news/monsanto-concealed-effects-toxic-chemica...

Ohio Attorney General Mike DeWine sued agricultural giant Monsanto on Monday, alleging the company concealed dangers posed by a toxic chemical compound it manufactured for nearly a half century. In the suit ... prosecutors argued that the company should pay for the clean-up of what it says are dozens of rivers, lakes and other water bodies contaminated with polychlorinated biphenyls, or PCBs. The company stopped manufacturing the chemical in 1977 and it was banned in 1979 by the Environmental Protection Agency. According to the suit, Monsanto produced nearly all of the PCBs - which were used in everything from lubricants to electrical equipment - in the United States between 1929 and 1977. The chemical has been linked to cancer, liver damage and other negative health effects. The suit alleges that Monsanto learned of PCBs’ toxic effects in the 1930s, yet it kept producing the compound while concealing its effects. The suit claims the company acknowledged that prolonged exposure could produce "systemic toxic effects" in an internal memo in 1937, so it undertook a "decades-long campaign of misinformation and deception."

Note: Other major lawsuits are beginning to unfold over Monsanto's lies to regulators and the public on the dangers of its products, most notably Roundup. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.


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