Corporate Corruption News Stories

Excerpts of Key Corporate Corruption News Stories in Major Media

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Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

Despite President Barack Obama's promises of better safeguards for offshore drilling, federal regulators continue to approve plans for oil companies to drill in the Gulf of Mexico with minimal or no environmental analysis. The Department of Interior's Minerals Management Service has signed off on at least five new offshore drilling projects since June 2, when the agency's acting director announced tougher safety regulations for drilling in the Gulf, a McClatchy review of public records has discovered. Three of the projects were approved with waivers exempting them from detailed studies of their environmental impact – the same waiver the MMS granted to BP for the ill-fated well that's been fouling the Gulf with crude for two months. Environmental groups [say] the administration is allowing oil companies to proceed with drilling plans that may be just as flawed as BP's, which concluded that a major spill was "unlikely" and that the company was equipped to manage even the worst-case blowout. "It's just outrageous," said Kieran Suckling, executive director of the Center for Biological Diversity, a conservation organization. "The whole world is screaming and ... they're just continuing to move this stuff through the system."

Note: For abundant reports from reliable sources on government corruption, click here.

Roughly five million liters of dispersants have now been used to break up the oil spilling into the Gulf of Mexico, making this the largest use of such chemicals in U.S. history. And there is no doubt that dispersants are toxic: Both types of the dispersal compound COREXIT used in the Gulf so far are capable of killing or depressing the growth of a wide range of aquatic species, ranging from phytoplankton to fish. But the U.S. Environmental Protection Agency (EPA), for one, has become concerned about the toxicity of the most-used dispersant at the Gulf of Mexico spill–COREXIT 9500–and ordered BP to look at alternatives. The problem? The EPA's industry-generated data is unclear as to the relative toxicity of various dispersants. "If you think the data on COREXIT is bad, try to find any decent toxicology data on the alternatives," says toxicologist Carys Mitchelmore of the University of Maryland's Chesapeake Biological Laboratory, who helped write a 2005 National Research Council (NRC) report on dispersants. "I couldn't compare and contrast which one was more toxic than the other based on that."

When the operators of Southern Seaplane in Belle Chasse, La., called the local Coast Guard-Federal Aviation Administration command center for permission to fly over restricted airspace in [the] Gulf of Mexico, they made what they thought was a simple and routine request. A pilot wanted to take a photographer from The Times-Picayune of New Orleans to snap photographs of the oil slicks blackening the water. The response from a BP contractor who answered the phone late last month at the command center was swift and absolute: Permission denied. "We were questioned extensively. Who was on the aircraft? Who did they work for?" recalled Rhonda Panepinto, who owns Southern Seaplane with her husband, Lyle. "The minute we mentioned media, the answer was: ‘Not allowed.' " Journalists struggling to document the impact of the oil rig explosion have repeatedly found themselves turned away from public areas affected by the spill, and not only by BP and its contractors, but by local law enforcement, the Coast Guard and government officials. Scientists, too, have complained about the trickle of information that has emerged from BP and government sources. Three weeks passed, for instance, from the time the Deepwater Horizon oil rig exploded on April 20 and the first images of oil gushing from an underwater pipe were released by BP.

Note: For revealing reports from major media sources on government and corporate corruption and collusion, click here and here.

Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster. Mr Hayward, whose pay package is Ł4 million a year, then paid off the mortgage on his family's mansion in Kent, which is estimated to be valued at more than Ł1.2 million. His decision ... means he avoided losing more than Ł423,000 when BP's share price plunged after the oil spill began six weeks ago. Since he disposed of 223,288 shares on March 17, the company's share price has fallen by 30 per cent. About Ł40 billion has been wiped off its total value. The spill, which has still not been stemmed, has caused a serious environmental crisis and is estimated to cost BP up to Ł40 billion to clean up. Mr Hayward, whose position is thought to be under threat, risked further fury by continuing plans to pay out a dividend to investors next month.

A government panel on [June 10] essentially doubled its estimate of how much oil has been spewing from the out-of-control BP well, with the new calculation suggesting that an amount equivalent to the Exxon Valdez disaster could be flowing into the Gulf of Mexico every 8 to 10 days. The new estimate is 25,000 to 30,000 barrels of oil a day. That range, still preliminary, is far above the previous estimate of 12,000 to 19,000 barrels a day. The higher estimates will ... most likely increase suspicion among skeptics about how honest and forthcoming the oil company has been throughout the catastrophe. The new estimate appears to be a far better match than earlier ones for the reality that Americans can see every day on their televisions. As investors have fled BP stock over uncertainties about the company's future and its ability to pay what it will end up owing, BP has lost nearly half its market capitalization since April, and its bonds are now trading at junk levels. Credit Suisse estimates the cleanup costs could end up at $15 billion to $23 billion, plus an additional $14 billion of claims. Ira Leifer, a researcher at the University of California, Santa Barbara, and a member of the flow-rate group, said the new figures confirmed a suspicion he had developed, based on looking at satellite data, that the rate of flow for the well was increasing even before BP cut the riser pipe. "The situation is growing worse," Dr. Leifer said.

Note: For an analysis of the series of false estimates by BP and the US government of the size of the catastrophic Deep Horizon oil blowout, click here.

BP's runaway Deepwater Horizon well may be spewing ...100,000 barrels a day, a member of the government panel tasked with determining the size of the spill told McClatchy [Newspapers]. "In the data I've seen, there's nothing inconsistent with BP's worst case scenario," Ira Leifer, an associate researcher at the Marine Science Institute of the University of California, Santa Barbara, and a member of the government's Flow Rate Technical Group, told McClatchy. Leifer said that based on satellite data he's examined, the rate of flow from the well has been increasing over time, especially since BP's "top kill" effort failed last month to stanch the flow. The decision last week to sever the well's damaged riser pipe from the its blowout preventer in order to install a "top hat" containment device has increased the flow still more -- far more, Leifer said, than the 20 percent that BP and the Obama administration predicted. Leifer noted that BP had estimated before the April 20 explosion that caused the leak that a freely flowing pipe from the well would release 100,000 barrels of oil a day in the worst-case scenario. The oil was not freely flowing before the top kill or before they cut the pipe, Leifer said, but once the riser pipe was cleared, there was little blocking the oil's rise to the top of the blowout preventer. Video images confirm that the flow of black oil is unimpeded.

Note: For an analysis of the series of false estimates by BP and the US government of the size of the catastrophic Deep Horizon oil blowout, click here.

BP, the very company responsible for the oil spill that is already the worst in U.S. history, has purchased several phrases on search engines such as Google and Yahoo so that the first result that shows up directs information seekers to the company's official website. A simple Google search of "oil spill" turns up several thousand news results, but the first link, highlighted at the very top of the page, is from BP. "Learn more about how BP is helping," the link's tagline reads. A spokesman for the company confirmed to ABC News that it had, in fact, bought these search terms to make information on the spill more accessible to the public. Several search engine marketing experts are questioning BP's intentions, suggesting that controlling what the public finds when they look online for oil spill information is just another way for the company to try and rebuild the company's suffering public image. Louisiana Gov. Bobby Jindal slammed BP for its PR efforts, saying in a statement, "Instead of BP shelling out $50 million on an ad campaign that promises to do good work in responding to this spill, BP should just focus on actually doing a good job and spend the $50 million on assistance to our people, our industries and our communities that are suffering as a result of this ongoing spill."

Note: For revealing reports from major media sources on corporate corruption and collusion, click here.

BP's calamitous behavior in the Gulf of Mexico is the big oil story of the moment. But for many years, indigenous people from a formerly pristine region of the Amazon rainforest in Ecuador have been trying to get relief from an American company, Texaco (which later merged with Chevron), for what has been described as the largest oil-related environmental catastrophe ever. "As horrible as the gulf spill has been, what happened in the Amazon was worse," said Jonathan Abady, a New York lawyer who is part of the legal team that is suing Chevron on behalf of the rainforest inhabitants. Texaco operated more than 300 oil wells for the better part of three decades in a vast swath of Ecuador's northern Amazon region. Texaco came barreling into this delicate ancient landscape in the early 1960s with all the subtlety and grace of an invading army. And when it left in 1992, it left behind, according to the lawsuit, widespread toxic contamination that devastated the livelihoods and traditions of the local people, and took a severe toll on their physical well-being. The quest for oil is, by its nature, colossally destructive. And the giant oil companies, when left to their own devices, will treat even the most magnificent of nature's wonders like a sewer. But the riches to be made are so vastly corrupting that governments refuse to impose the kinds of rigid oversight and safeguards that would mitigate the damage to the environment and its human and animal inhabitants.

Hitler and his henchmen victimized an entire continent and exterminated millions in his quest for a so-called Master Race. But the concept of a white, blond-haired, blue-eyed master Nordic race didn't originate with Hitler. The idea was created in the United States, and cultivated in California, decades before Hitler came to power. Eugenics would have been so much bizarre parlor talk had it not been for extensive financing by corporate philanthropies, specifically the Carnegie Institution, the Rockefeller Foundation and the Harriman railroad fortune. They were all in league with some of America's most respected scientists from such prestigious universities as Stanford, Yale, Harvard and Princeton. These academicians espoused race theory and race science, and then faked and twisted data to serve eugenics' racist aims. Stanford President David Starr Jordan originated the notion of "race and blood" in his 1902 racial epistle "Blood of a Nation," in which the university scholar declared that human qualities and conditions such as talent and poverty were passed through the blood. The Rockefeller Foundation helped found the German eugenics program and even funded the program that Josef Mengele worked in before he went to Auschwitz.

Note: Josef Mengele's US-funded eugenics research laid the foundation for his experimentation on human subjects before and during World War II. He went on to participate in CIA-funded mind-control experimentation after that war. For more on Mengele, click here.

Despite the global financial crisis, world military spending almost doubled in the past decade to reach $1.53 trillion in 2009, a Swedish think-tank said Wednesday. In its 2010 yearbook, the Stockholm International Peace Research Institute, or SIPRI, said that spending between 2008 and 2009 grew 5.9 percent. The United States remains the biggest spender, accounting for some 54 percent of the increase, the report said. China, which became the second biggest military spender in 2008, retained that position last year. Data also showed that Asia and Oceania are increasing their military expenditures the fastest. The global financial turmoil had little effect on governments upgrading their armed forces, even in countries whose economies were hit the hardest, SIPRI spokesman Sam Perlo-Freeman said. Perlo-Freeman, who heads the think-tank's military-expenditure project [commented] "For major or intermediate powers ďż˝ such as the USA, China, Russia, India and Brazil ďż˝ military spending represents a long-term strategic choice, which they are willing to make even in hard economic times."

Note: Very few major media picked up this eye-opening article. With all of the threatened budget cuts around the world, why is no one talking about the fact that military spending has literally doubled in the last 10 years? Could it be that those who own the media don't want you to know this information? For a powerful essay by a top US general revealing the deeper causes of war and military spending, click here.

Prolonged exposure to crude oil and chemical dispersants is a public health danger, environmental scientists warned [on May 27]. With no immediate end in sight, there were growing concerns over the effects on public health of a prolonged exposure to the oil as well as to the more than 3,640,000 litres (800,000 gallons) of chemical dispersants sprayed on the slick. Environmentalists and fishing groups in Louisiana say prolonged exposure to the oil, in the form of tiny airborne particles as well as dispersants, could be wreaking devastating damage on public health. They also accuse BP of threatening to sack workers who try to turn up for clean-up duty wearing protective respirators, and the Obama administration of refusing to release results of air and water quality tests that would show the impact of crude oil and dispersants on the environment. Wilma Subra, a chemist who has served as a consultant to the Environmental Protection Agency, said "Every time the wind blows from the south-east to the shore, people are being made sick. It causes severe headaches, nausea, respiratory problems, burning eyes and sore throats." Long-term health effects include neurological disorders and cancer. Subra said there was even greater concern for those recruited to lay booms and skim crude off the water, since they were in closer proximity to the oil and the chemical dispersants. Clint Guidry, of the Louisiana Shrimp Association, has accused BP of threatening to sack workers who turn up wearing respirators.

Note: For revealing reports from major media sources on government and corporate corruption and collusion, click here and here.

Images and reports of oil-drenched wildlife that's dead or slowly dying are starting to emerge. At least one cleanup worker alleges that BP is trying to keep such disturbing pictures out of the public eye. CBS News has gut-wrenching video of oil-covered birds in distress, including the brown pelican, Louisiana's state bird, which for many years was on the Endangered Species List. An unidentified cleanup worker took a New York Daily News reporter on a clandestine tour of the hidden wildlife carnage in Louisiana, accusing the BP of keeping the media at bay. "There is a lot of coverup for BP. They specifically informed us that they don't want these pictures of the dead animals. They know the ocean will wipe away most of the evidence. It's important to me that people know the truth about what's going on here," the contractor said. "The things I've seen: They just aren't right. All the life out here is just full of oil. When you see some of the things I've seen, it would make you sick," the contractor said. "No living creature should endure that kind of suffering." More oil-soaked birds arrived at cleaning stations today, as Louisiana officials continued to patrol the marshes and beaches.

Note: For revealing reports from major media sources on government and corporate corruption and collusion, click here and here.

The Deepwater Horizon disaster caused headlines around the world, yet the people who live in the Niger delta have had to live with environmental catastrophes for decades. In fact, more oil is spilled from the delta's network of terminals, pipes, pumping stations and oil platforms every year than has been lost in the Gulf of Mexico, the site of a ... disaster which ... has made headlines round the world. By contrast, little information has emerged about the damage inflicted on the Niger delta. Yet the destruction there provides us with a far more accurate picture of the price we have to pay for drilling oil today. With 606 oilfields, the Niger delta supplies 40% of all the crude the United States imports and is the world capital of oil pollution. Life expectancy in its rural communities, half of which have no access to clean water, has fallen to little more than 40 years over the past two generations. Locals blame the oil that pollutes their land and can scarcely believe the contrast with the steps taken by BP and the US government to try to stop the Gulf oil leak and to protect the Louisiana shoreline from pollution. "If this Gulf accident had happened in Nigeria, neither the government nor the company would have paid much attention," said the writer Ben Ikari, a member of the Ogoni people. "This kind of spill happens all the time in the delta."

Note: For revealing reports from major media sources on government and corporate corruption and collusion, click here and here.

Scientists who drew up the key World Health Organisation guidelines advising governments to stockpile drugs in the event of a flu pandemic had previously been paid by drug companies which stood to profit. An investigation by the British Medical Journal and the Bureau of Investigative Journalism, the not-for-profit reporting unit, shows that WHO guidance issued in 2004 was authored by three scientists who had previously received payment for other work from Roche, which makes Tamiflu, and GlaxoSmithKline (GSK), manufacturer of Relenza. Pharmaceutical companies banked more than $7bn (�4.8bn) as governments stockpiled drugs. "The tentacles of drug company influence are in all levels in the decision-making process," said Paul Flynn, the Labour MP who sits on the council's health committee. Although the experts consulted made no secret of industry ties in other settings, declaring them in research papers and at universities, the WHO itself did not publicly disclose any of these in its seminal 2004 guidance.

Note: For wide coverage from reliable sourcesof the swine and avian flu "fake pandemics" designed for corporate profit, click here.

European criticism of the World Health Organization's handling of the H1N1 pandemic intensified ... with the release of two reports that accused the agency of exaggerating the threat posed by the virus and failing to disclose possible influence by the pharmaceutical industry on its recommendations for how countries should respond. The WHO's response caused widespread, unnecessary fear and prompted countries around the world to waste millions of dollars. At the same time, the Geneva-based arm of the United Nations relied on advice from experts with ties to drug makers in developing the guidelines it used to encourage countries to stockpile millions of doses of antiviral medications. The first report ... came from the Social, Health and Family Affairs Committee of the Parliamentary Assembly of the Council of Europe, which launched an investigation in response to allegations that the WHO's response to the pandemic was influenced by drug companies that make antiviral drugs and vaccines. The second report, a joint investigation by the [British Medical Journal] and the Bureau of Investigative Journalism ... criticized 2004 guidelines the WHO developed based in part on the advice of three experts who received consulting fees from the two leading manufacturers of antiviral drugs used against the virus, Roche and GlaxoSmithKline.

Note: Explore extensive, eye-opening coverage from reliable sources revealing how the swine and avian flu "pandemics" were designed for corporate profit.

The thing about the Bilderberg group’s top secret meetings: you never know quite what is going on behind the police checkpoints. Across the world, secretaries to the rich and the powerful have blocked out the next three days in their bosses’ calendars for their annual gathering, this time at the Dolce in Sitges, one of Spain’s most exclusive resorts. Normally, every minute of their working lives is accounted for but, each year, a couple of hundred of the world’s financial elite and the more business-friendly members of the political class disappear from view. It is all terribly confidential — breathe a word about it and you’re out of the club — but the Bilderberg watcher Daniel Estulin claims to have a copy of the agenda. The big question this time around is whether the euro will survive. “They are afraid that the countries in trouble will leave and the euro will fall apart,” said Mr Estulin. The Bilderbergers are nervous that the erosion of the euro could nudge the world back into recession while public services cuts could trigger unrest and radicalise the political climate.

Note: For more information from reliable sources on Bilderberg, click here. For lots more on powerful secret societies that make decisions in total secrecy that affect the whole world, click here.

Organizations in the financial services sector have deployed at least 1,447 former federal employees to lobby Congress and federal agencies since the beginning of 2009, according to a joint analysis of federal disclosure records and other data released today by Public Citizen and the Center for Responsive Politics. This small army of registered financial services sector lobbyists includes at least 73 former members of Congress, of whom 17 served on the banking committees of either the U.S. House of Representatives or the Senate. At least 66 industry lobbyists worked for these committees as staffers, while 82 additional lobbyists once worked for congressional members who currently serve on these key committees. Further, at least 42 financial services lobbyists formerly served in some capacity in the U.S. Treasury Department. At least seven served in the Office of the Comptroller of the Currency, including two former comptrollers. “Wall Street hires former members of Congress and their staff for a reason," said David Arkush, director of Public Citizen’s Congress Watch division. "These people are influential because they have personal relationships with current members and staff. It’s hard to say no to your friends."

Note: To read the full report, click here. The nonprofit, nonpartisan Center for Responsive Politics is the nation's premier research group tracking money in federal politics and its effect on elections and public policy. Public Citizen is a national, nonprofit consumer advocacy organization based in Washington, D.C.

As BP makes its latest attempt to plug its gushing oil well, news photographers are complaining that their efforts to document the slow-motion disaster in the Gulf of Mexico are being thwarted by local and federal officials — working with BP — who are blocking access to the sites where the effects of the spill are most visible. More than a month into the disaster, a host of anecdotal evidence is emerging from reporters, photographers, and TV crews in which BP and Coast Guard officials explicitly target members of the media, restricting and denying them access to oil-covered beaches, staging areas for clean-up efforts, and even flyovers. Last week, a CBS TV crew was threatened with arrest when attempting to film an oil-covered beach. On Monday, Mother Jones published this firsthand account of one reporter’s repeated attempts to gain access to clean-up operations on oil-soaked beaches, and the telling response of local law enforcement.

Note: To see some of the devastating photos from this tragic spill, click here. For an abundance of revealing articles from major media sources on government and corporate collusion and corruption, click here and here.

Employees of the federal agency that regulates offshore drilling accepted lunches, football tickets, hunting trips and other gifts from the oil and gas companies they were in charge of policing, according to a report [on May 25] by the Interior Department's inspector general. The investigation, which zeroed in on the Lake Charles, La., office of the embattled Minerals Management Service, also found that at least one agency inspector also was actively negotiating employment with an oil and gas production company while simultaneously inspecting its platforms in the Gulf of Mexico. The oil spill in the gulf has focused intense scrutiny on the agency's oversight of offshore drilling and raised questions about whether it was lax in setting requirements for key safety devices and practices. But even before the spill, the agency had been singled out for ethical lapses and mismanagement. In 2008, the Interior Department's inspector general rapped workers in MMS' Lakewood, Colo., office for having sexual relationships with and accepting gifts from energy company representatives. Over a decade, there have been ten inspector general reports and nine from the Government Accountability Office that documented "failures within MMS," [Rep. Darrell Issa] said, "and yet it still took a massive catastrophe to get anyone to ... agree on the need for a massive bureaucratic overhaul."

Note: For an abundance of revealing articles from major media sources on government and corporate collusion and corruption, click here and here.

The federal agency responsible for regulating U.S. offshore oil drilling repeatedly ignored warnings from government scientists about environmental risks in its push to approve energy exploration activities quickly, according to numerous documents and interviews. Minerals Management Service officials, who can receive cash bonuses in the thousands of dollars based in large part on meeting federal deadlines for leasing offshore oil and gas exploration, frequently changed documents and bypassed legal requirements aimed at protecting the marine environment, the documents show. This has dramatically weakened the scientific checks on offshore drilling that were established under landmark laws such as the Marine Mammal Protection Act and the National Environmental Policy Act. Interviews and documents show numerous examples in which senior officials discounted scientific data and advice -- even from scientists elsewhere in the federal government -- that would have impeded oil and gas companies drilling offshore.

Note: For an abundance of revealing articles from major media sources on government and corporate collusion and corruption, click here and here.

Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.