Corporate Corruption News ArticlesExcerpts of key news articles on
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A spate of earthquakes across the middle of the U.S. is "almost certainly" man-made, and may be caused by wastewater from oil or gas drilling injected into the ground, U.S. government scientists said in a study. Researchers from the U.S. Geological Survey said that for the three decades until 2000, seismic events in the nation's midsection averaged 21 a year. They jumped to 50 in 2009, 87 in 2010 and 134 in 2011. Those statistics, included in the abstract of a research paper to be discussed at the Seismological Society of America conference next week in San Diego, will add pressure on an energy industry already confronting more regulation of the process of hydraulic fracturing. An abstract of the federal study, which was led by William Ellsworth, Earthquake Science Center staff director for the U.S. Geological Survey in Menlo Park, California, was published online earlier this month. "A naturally-occurring rate change of this magnitude is unprecedented outside of volcanic settings or in the absence of a main shock, of which there were neither in this region," Ellsworth and his colleagues wrote.
Note: Few are aware that Canada's province Quebec has banned fracking. Many other places are considering similar measures.
Gregg Williams' profanity-filled speech to the New Orleans Saints' defensive players the night before their mid-January playoff game against the San Francisco 49ers included a target list: Alex Smith's chin. Vernon Davis' ankles. Kyle Williams' head. Frank Gore's head. And, according to audio captured ... Williams chillingly suggested that 49ers wide receiver Michael Crabtree "becomes human when we (expletive) take out that outside ACL." [This] provided more evidence against the Saints on a day when coach Sean Payton, assistant head coach Joe Vitt and general manager Mickey Loomis met with NFL Commissioner Roger Goodell to appeal penalties for their roles in a bounty scandal that has rocked the league. The audio also raised anew some questions for the NFL. Has the league lost control of what is supposed to be the controlled violence of America's most popular game? And how might the sport be affected by its professional level's apparent disregard for player safety. While Williams' speech ... could easily be criticized for ill intent, it also illustrated the type of macho mentality that has existed in pro football since its inception. A former linebacker [Coy Wire] played under Williams with the Buffalo Bills when players were also paid cash in a similar bounty scheme. "Gregg Williams was part of a culture of relentlessness," says Wire. "It wasn't just him. It was a group of people who wanted to find a competitive edge." In its findings announced in early March, the league maintained that between 22 and 27 players from the Saints defenses from 2009 to 2011 were involved in the bounty program.
A top federal regulator's ties to Monsanto Co., a maker of genetically modified food, are fueling an election-year recall push by consumer and public-interest groups flexing their clout on the Internet. Michael Taylor, the Food and Drug Administration's deputy commissioner for food safety, is at the center of a burgeoning dispute between opponents who have collected more than 420,000 signatures on an online petition demanding he be fired and supporters who praise his efforts to curb food-borne illnesses. At issue is the 16 months ending in 2000 that Taylor worked as Monsanto's vice president for public policy, between stints in the Clinton and Obama administrations. The petition reflects anger over the agency's enforcement actions against small food producers and products such as raw milk. The online petition, along with others circulated on Facebook and other social-media sites since at least August, blames Taylor for allowing genetically modified organisms into the U.S. food supply without requiring testing as to their effects while he served at the agency in the 1990s. Taylor, in an interview, said his work is misrepresented, and the effort to have him fired "is more about Monsanto than about me. The claim is I was a Monsanto lobbyist, which paints a bad picture," he said. "It doesn't say what I did there or what I think about biotechnology."
Note: For lots more on Monsanto's unethical practices, click here and here. For key reports from reliable sources on corporate and government corruption, click here and here.
Japan's nuclear power industry, which once ignored opposition, now finds its existence threatened by women angered by official [secrecy] on radiation from the Fukushima Daiichi nuclear plant. More than 100 anti-nuclear demonstrators, most of them women, met with officials of the Nuclear Safety Commission this week and handed over a statement calling for a transparent investigation into the accident and a permanent shutdown of all nuclear power plants. Groups of women, braving a cold winter, have been setting up tents since last week preparing for a new sit-in campaign in front of the ministry of economic affairs. The women have pledged to continue their demonstration for 10 months and 10 days, traditionally reckoned in Japan as a full term that covers a pregnancy. "Our protests are aimed at achieving a rebirth in Japanese society," said Chieko Shina, a participant, and a grandmother from Fukushima. "The ongoing demonstrations symbolise the determination of ordinary people who do not want nuclear power because it is dangerous. There is also the bigger message that we do not trust the government any more," said Takanobu Kobayashi, who manages the Matsudo network of citizens' movements. Distrust stems primarily from the fact that the meltdown of the Fukushima reactors was not reported to the public immediately, causing huge health risks to the local population from radiation leaks.
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Hidden in the soil of Illinois and Iowa, a new generation of insect larvae appears to be munching happily on the roots of genetically engineered corn, according to scientists. It's bad news for corn farmers, who paid extra money for this line of corn, counting on the power of its inserted genes to kill those pests. It's also bad news for the biotech company Monsanto, which inserted the larvae-killing gene in the first place. In fact, the gene's apparent failure ... may be the most serious threat to a genetically modified crop in the U.S. since farmers first started growing them 15 years ago. The economic impact could be "huge," says the University of Arizona's Bruce Tabashnik, one of the country's top experts on the adaptation of insects to genetically engineered crops. Billions of dollars are at stake. The scientists who called for caution now are saying "I told you so," because there are signs that a new strain of resistant rootworms is emerging. In eastern Iowa, northwestern Illinois, and parts of Minnesota and Nebraska, rows of Bt corn have toppled over, their roots eaten by rootworms. Entomologist Aaron Gassmann at Iowa State University, who authored the [new] paper, collected insects from some of these fields and found many with a greater-than-expected ability to tolerate Bt. The EPA is now recommending that ... farmers in areas where such damage has been observed to stop planting this kind of Bt corn altogether. Instead, those farmers will have to use other methods, such as spraying chemical insecticides, to control the rootworm.
Note: For more on the destructive impacts of GMO crop technology, see the deeply revealing reports from reliable major media sources available here.
In August, as rebels fought forces loyal to President Muammar Gaddafi, two representatives of a British business consortium took a "rather long and arduous ferry journey from Malta" to the North African country. The men traveled to Libya at the invitation of the rebel administration. Britain, along with France and the United States, had given political and military support for the uprising against Gaddafi and sponsored the rebel leadership, the National Transitional Council (NTC). This was a chance to close some deals. The visitors keep coming. French President Nicolas Sarkozy and British Prime Minister David Cameron received a heroes' welcome last week when they became the first western leaders to visit since Gaddafi's ouster. Interim leader Abdel Jalil said the rebels' allies could expect preferential treatment in return for their help. It was a clear signal that countries which had not backed the NATO bombing campaign, including Russia, China and Germany, or which were slow to denounce Gaddafi, like Italy, stand to lose out. But if French and British politicians are tallying up the contracts, business executives are leaving little to chance. Dozens of executives from France, Britain, Italy and other countries have spent months building ties with potential Libyan partners. The potential profits are huge.
Note: For a two-page summary of US Marine Corps General Smedley Butler's explanation of the profiteering behind modern wars, click here. For key reports on corporate and government corruption from major media sources, click here and here.
AT&T feted lawmakers at Washington restaurants offering $52 steaks and a $15 “Lobbyist's Libation” made of gin and cucumber puree as the company sought U.S. approval to buy T-Mobile USA. The parties, carrying $1,000 admission charges and aimed at replenishing congressional campaign coffers, were held as the largest U.S. phone company sought regulators' blessing for the $39 billion deal. On Aug. 31, the Justice Department sued to block the transaction, saying it would harm competition. The litigation marks a rare setback for AT&T, long a leading Washington power. The Dallas-based company boosted lobbying spending by 30 percent to $11.7 million in the first six months of 2011 compared with a year earlier, Senate records show. AT&T's political action committee gave $805,500 to federal candidates, according to the Center for Responsive Politics, a Washington research group. “The one thing you can say about their losing is that it wasn't for a lack of lobbyists,” Bill Allison, editorial director of the Sunlight Foundation, a Washington-based nonprofit that promotes government transparency, said in an interview. “They left no stone unturned.” AT&T's political action committee, which funnels employees' contributions to lawmakers' campaigns, was the most generous corporate PAC this year, according to the Center for Responsive Politics.
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A longtime judge has been ordered to spend nearly three decades in prison for his role in a massive juvenile justice bribery scandal that prompted the state's high court to toss thousands of convictions. Former Luzerne County Judge Mark Ciavarella Jr. was sentenced ... to 28 years in federal prison for taking $1 million in bribes from the builder of a pair of juvenile detention centers in a case that became known as "kids-for-cash." The Pennsylvania Supreme Court tossed about 4,000 convictions issued by Ciavarella between 2003 and 2008, saying he violated the constitutional rights of the juveniles, including the right to legal counsel and the right to intelligently enter a plea. Ciavarella, 61, was tried and convicted of racketeering charges earlier this year. Federal prosecutors accused Ciavarella and a second judge, Michael Conahan, of taking more than $2 million in bribes from the builder of the PA Child Care and Western PA Child Care detention centers and extorting hundreds of thousands of dollars from the facilities' co-owner. Ciavarella, known for his harsh and autocratic courtroom demeanor, filled the beds of the private lockups with children as young as 10, many of them first-time offenders convicted of petty theft and other minor crimes.
Note: For lots more from reliable sources on government and corporate corruption, click here and here.
It was the kind of study that made doctors around the world sit up and take notice: Two popular high-blood-pressure drugs were found to be much better in combination than either alone. Unfortunately, it wasn't true. Six and a half years later, the prestigious medical journal the Lancet retracted the paper, citing "serious concerns" about the findings. The damage was done. Doctors by then had given the drug combination to well over 100,000 patients. Instead of protecting them from kidney problems, as the study said the drug combo could do, it left them more vulnerable to potentially life-threatening side effects, later studies showed. Today, "tens of thousands" of patients are still on the dual therapy, according to research firm SDI. When a study is retracted, "it can be hard to make its effects go away," says Sheldon Tobe, a kidney-disease specialist at the University of Toronto. And that's more important today than ever because retractions of scientific studies are surging. Since 2001, while the number of papers published in research journals has risen 44%, the number retracted has leapt more than 15-fold, data compiled for The Wall Street Journal by Thomson Reuters reveal. Just 22 retraction notices appeared in 2001, but 139 in 2006 and 339 last year
Note: To learn lots more of how the medical industry puts profit above public health, click here.
Supermarket tomatoes may look delicious — smooth, red and unblemished — but for the most part, they taste like nothing at all. [Barry] Estabrook is the author of a new book, Tomatoland: How Modern Industrial Agriculture Destroyed Our Most Alluring Fruit. It lays out why supermarket tomatoes tend to taste so bad - and how they got that way. The tomatoes you see in those supermarkets have been bred for high yields and durability, not flavor. There's an even darker side to the modern commercial tomato, too. Up until recently, workers on many of Florida's vast industrial tomato farms were basically slaves. "People being bought and sold like animals," Estabrook says. "People being shackled in chains. People being beaten for either not working hard enough, fast enough, or being too weak or sick to work. People actually being shot and killed for trying to escape. That sounds like 1850's slavery to me." The situation is beginning to improve, he adds. It began with a group of tomato pickers called the Coalition of Immokalee Workers. The group had been lobbying since the early 1990s for a plan that included a pay raise and some basic workers' rights. "What they started concentrating on was the end-customers," Estabrook says. "They started, actually, with the Taco Bell restaurant chain." After four years of protests and boycotts, Taco Bell agreed to sign on and support the group's plan. Other chains soon followed, and even the powerful Florida tomato growers' committee came on board.
Note: In 2015, Wal-Mart became the most influential corporation to join the initiative promoted by Coalition of Immokalee Workers. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
The world's four largest grain traders, responsible for the vast majority of global corn, soya and wheat trading and processing, have been accused of large-scale tax evasion in a landmark series of cases being brought against them by the Argentinian government. Ricardo Echegaray, the head of Afip, the country's revenue and customs service, has given a detailed account of the charges his department is bringing against ADM, Bunge, Cargill and Dreyfus. "These companies have gone into criminality," Echegaray said. "2008 was when agricultural commodities prices spiked and was the best year for them in prices, yet we could see that the companies with the biggest sales showed very little profit in this country." Afip is seeking to claim $476m (Ł290m) for what it says are unpaid tax and duties from Bunge, $252m from Cargill and $140m from Dreyfus. With the global food system and who controls it under intense scrutiny in recent weeks, thanks to record prices, the legal battle between Afip and the "ABCD four", as they are known, has taken on heightened significance. Oxfam, in a report earlier this week, warned of spiralling prices and a huge increase in global hunger over the next two decades, and said that corporate concentration in the global food trade was a structural flaw in the system.
Note: When you hear of global food prices spiraling, think of market manipulation by companies like this and inside traders.
Anonymous, an online hacker group, released a string of e-mails last week that purportedly show mortgage document fraud at Bank of America. Many people yawned. After all, there have been well-documented cases of mortgage fraud and illegal foreclosures, and little has been done to punish Bank of America or any of the banks for their behavior. But just because the federal government has been slow to act on the mortgage crisis doesn't mean that these e-mails are any less valuable. The e-mails are a chain showing requests for Balboa Insurance employees to remove document tracking numbers from the system of record. Balboa Insurance became a division of Bank of America after the bank bought the bankrupt home loan company Countrywide Financial. The idea suggested in the e-mails was to misplace individual documents away from matching loans. This would make it harder for federal auditors to investigate individual loans. It would also make it far more difficult for individual homeowners to dispute or question bank action on their loans - and therefore obtain mortgage modifications or a stay on bank foreclosure. The Anonymous e-mails are serious indeed. They're a snapshot into why the mortgage mess spiraled out of control. While they don't tell the whole story, they point to the need for further investigation and possible action on behalf of the federal government. When people are losing their homes, the banks shouldn't be allowed to get away with deception.
Note: For a treasure trove of reports by major media sources on the collusion between government and banks against the public interest, click here.
The U.S. Supreme Court let stand a ruling that drug companies can pay rivals to delay production of generic drugs without violating federal antitrust laws. The justices refused to review a federal appeals court ruling that upheld the dismissal of a legal challenge to a deal between Bayer AG and Teva Pharmaceutical Industries Ltd's Barr Laboratories. Bayer paid Barr to prevent it from bringing to market a version of the antibiotic drug Cipro. The deal, involving Bayer's 1997 settlement of patent litigation with Barr, was challenged by a number of pharmacies, which appealed to the Supreme Court. More than 30 states and various consumer groups supported the appeal. The U.S. Federal Trade Commission has opposed such deals, saying they violate antitrust law and cost consumers an estimated $3.5 billion a year in higher prescription drug prices. It has supported legislation pending in Congress to prohibit such settlements, which it says have increased in recent years. The New York-based appeals court, in its ruling last year, cited its similar 2005 decision involving the drug Tamoxifen, used to treat breast cancer, infertility and other conditions. The Supreme Court declined to review that case. In the Cipro case, the Supreme Court rejected the appeal by the pharmacies without comment.
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The Food and Drug Administration has wrapped up three days of hearings and public comment on the effort by AquaBounty Technologies, a Massachusetts company, to sell salmon genetically engineered to grow twice as fast as normal salmon. But the meetings ended without an FDA decision on whether the company can move ahead with sales. USA TODAY's Elizabeth Weise [answers questions about the issue]: Q: What are the issues? A: There are really two: Are these fish safe to eat, and are they safe for the environment? FDA staff, in a report released earlier this month, found the genetically engineered (or GE) salmon to be as safe to eat as normal salmon. But several members of the agency's Veterinary Medicine Advisory Committee felt that the tests for food safety could have included more data and encouraged the agency to request more from the company. Q: What's the environmental issue? A: Some scientists and environmental groups worry that if these fast-growing salmon escaped into the ocean, they might out-compete native salmon populations for both food and mates. As almost all wild Atlantic salmon are endangered, anything that could harm them is of concern.
Note: For lots more from reliable sources on corporate and government corruption, click here and here. For a highly-informative overview of the threats posesd to health and the environment by genetically modified foods, click here.
The former chief executive of a British chemical company faces the prospect of extradition to the US after the firm admitted million-dollar bribes to officials to sell toxic fuel additives to Iraq. Paul Jennings, until last year chief executive of the Octel chemical works ... and his predecessor, Dennis Kerrison, exported tonnes of tetra ethyl lead (TEL), to Iraq. TEL is banned from cars in western countries because of links with brain damage to children. Iraq is believed to be the only country that still adds lead to petrol. The company recently admitted that, in a deliberate policy to maximise profits, executives from Octel – which since changed its name to Innospec – bribed officials in Iraq and Indonesia with millions of dollars to carry on using TEL, despite its health hazards. Senior Iraqi oil ministry officials are accused of taking British bribes throughout the UK-US occupation, up until 2008. US prosecutors say multi-million dollar bribes to Iraq were agreed in 2001-3, when Kerrison was chief executive. A decade ago, Octel decided to remain the world's only manufacturer of TEL for cars, after it was banned in the US and Europe. They used high profits from non-western countries to diversify into other products and to pay back investors, mainly US hedge funds run by Connecticut billionaire Jeffrey Gendell. According to prosecutors, the strategy included the corrupt blocking of health campaigns.
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The great cosmic joke would be to find out definitively that the advances we thought were blessings — from the hormones women pump into their bodies all their lives to the fancy phones people wait in line for all night — are really time bombs. We don’t yet really know the physical and psychological impact of being slaves to technology. We just know that technology is a narcotic. We’re living in the cloud, in a force field, so afraid of being disconnected and plunged into a world of silence and stillness that even if scientists told us our computers would make our arms fall off, we’d probably keep typing. San Francisco just became the first city in the country to pass legislation making cellphone retailers display radiation levels. The city’s Board of Supervisors voted 10 to 1 in favor. Different phone models emit anywhere from 0.2 watts per kilogram of body tissue to 1.6 watts, the legal limit. Sure enough, when the bill passed Tuesday, CTIA [The Wireless Association] issued a petulant statement that after 2010, it would relocate its annual three-day fall exhibition, with 68,000 exhibitors and attendees and “$80 million” in business, away from San Francisco.
Note: For many highly important articles from reliable sources on major health issues, click here.
BP, the company in charge of the rig that exploded last month in the Gulf of Mexico, hasn't publicly divulged the results of tests on the extent of workers' exposure to evaporating oil or from the burning of crude over the gulf, even though researchers say those data are crucial in determining whether the conditions are safe. Moreover, the company isn't monitoring the extent of the spill and only reluctantly released videos of the spill site that could give scientists a clue to the amount of the oil in the gulf. BP's role as the primary source of information has raised questions about whether the government should intervene to gather such data and to publicize them and whether an adequate cleanup can be accomplished without the details of crude oil spreading across the gulf. The company also hasn't publicly released air sampling for oil spill workers although Occupational Safety and Health Administration, the agency in charge of monitoring compliance with worker safety regulations, is relying on the information and has urged it to do so.
Note: For lots more from major media sources on corporate and government collusion and corruption, click here and here.
The Securities and Exchange Commission suspected Texas financier R. Allen Stanford of running a Ponzi scheme as early as 1997 but took more than a decade to pursue him seriously. The report by the SEC's inspector general says SEC examiners concluded four times between 1997 and 2004 that Mr. Stanford's businesses were fraudulent, but each time decided not to go further. It singles out the former head of the SEC's enforcement office in Fort Worth, Texas, accusing him of repeatedly quashing Stanford probes and then trying to represent Mr. Stanford as a lawyer in private practice. The former SEC official, Spencer Barasch, is now a partner at law firm Andrews Kurth LLP. The inspector general referred Mr. Barasch for possible disbarment from practicing law. Mr. Stanford was indicted last June and accused of orchestrating a Ponzi scheme that swindled investors out of $7 billion. SEC Inspector General David Kotz's report suggests the agency's mistakes in the Stanford case were in part the result of a culture that favored easily resolved cases over messier ones. Cases such as the alleged Stanford fraud weren't considered "quick-hit" and "slam-dunk," and examiners were discouraged from pursuing them, Mr. Kotz found.
Note: For many more examples from major media sources of the astonishing performance of the SEC in the runup to the Wall Street crisis, click here.
Three quarters of a century ago, President Franklin Roosevelt earned the undying enmity of Wall Street when he used his enormous popularity to push through a series of radical regulatory reforms that completely changed the norms of the financial industry. Wall Street hated the reforms, of course, but Roosevelt didn’t care. Wall Street and the financial industry had engaged in practices they shouldn’t have, and had helped lead the country into the Great Depression. Those practices had to be stopped. To the president, that’s all that mattered. On Wednesday, President Obama unveiled what he described as “a sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression.” In terms of the sheer number of proposals, outlined in an 88-page document the administration released on Tuesday, that is undoubtedly true. But in terms of the scope and breadth of the Obama plan — and more important, in terms of its overall effect on Wall Street’s modus operandi — it’s not even close to what Roosevelt accomplished during the Great Depression. Rather, the Obama plan is little more than an attempt to stick some new regulatory fingers into a very leaky financial dam rather than rebuild the dam itself. Everywhere you look in the plan, you see the same thing: additional regulation on the margin, but nothing that amounts to a true overhaul. The plan places enormous trust in the judgment of the Federal Reserve — trust that critics say has not really been borne out by its actions during the Internet and housing bubbles. Firms will have to put up a little more capital, and deal with a little more oversight, but once the financial crisis is over, it will, in all likelihood, be back to business as usual.
Note: To watch the Inspector General of the Federal Reserve testify to Congress that she knows pracitcally nothing of trillions of dollars that are unaccounted for, click here. For many revealing reports from reliable sources on the hidden realities of the continuing taxpayer bailout of the biggest financial corporations, click here.
Forget buckets of blood. Nothing says horror like one of those tubs of artificially buttered, nonorganic popcorn at the concession stand. That, at least, is one of the unappetizing lessons to draw from one of the scariest movies of the year, “Food, Inc.,” an informative ... documentary about the big business of feeding or, more to the political point, force-feeding, Americans all the junk that multinational corporate money can buy. You’ll shudder, shake and just possibly lose your genetically modified lunch. The director Robert Kenner jumps all over the food map, from industrial feedlots where millions of cruelly crammed cattle mill about in their own waste until slaughter, to the chains where millions of consumers gobble down industrially produced meat and an occasional serving of E. coli bacteria. The voice in the opening belongs to the ethical epicurean and locavore champion Michael Pollan, author of In Defense of Food and The Omnivore’s Dilemma. Mr. Pollan ... is a great strength of “Food, Inc.,” as is one of its co-producers, Eric Schlosser, the author of Fast Food Nation. [They], together with Mr. Kenner, chart how and why the villains not only outnumber the heroes in contemporary food production, but also how and why they outbluff, outmuscle and outspend their opponents by billions of often government-subsidized dollars. The movie takes a look at the animal abuse in industrial food production — including clandestine images of sick and crippled cows being prodded to join the rest of the ill-fated herd — but its main focus is on the human cost. It’s a cost visible in the rounded bodies of a poor family that eats cheap if filling fast-food burgers for breakfast and in the obscured faces of farmers too frightened to go on record about Monsanto, the agricultural biotech giant.
Note: For another excellent review of this important film, click here.
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