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Revealing News For a Better World

Corporate Corruption News Stories
Excerpts of Key Corporate Corruption News Stories in Major Media


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: 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.


NBC News Is Facing Internal Rebellion Over Mishandling Sexual Misconduct
2019-11-02, Huffington Post
Posted: 2019-12-02 21:54:29
https://www.huffpost.com/entry/nbc-news-weinstein-ronan-farrow-oppenheim-me-t...

NBC News President Noah Oppenheim and his boss NBC News Chairman Andy Lack are still running the show. They remain at the helm despite the explosive reporting in Ronan Farrow’s new book “Catch and Kill,” which reveals how Oppenheim and Lack not only shut down the investigation into Harvey Weinstein’s predatory and abusive treatment of women, but how NBC News silenced or ignored multiple allegations of sexual misconduct inside the company ― including overlooking the behavior of “Today” show host Matt Lauer for years before finally firing him in 2017. In an article for Vanity Fair in October, Rich McHugh, the NBC producer who worked with Farrow on the Weinstein investigation, called out Oppenheim and Lack’s handling of the story. “They not only personally intervened to shut down our investigation of Weinstein, they even refused to allow me to follow up on our work after Weinstein’s history of sexual assault became front-page news,” he writes. MSNBC hosts Rachel Maddow and Chris Hayes have criticized NBC management on-air. Current and former employees say they want a true independent investigation of what happened at NBC News regarding Lauer, the Weinstein story, and any other incidents of internal sexual misconduct. The Weinstein story wasn’t the only time Oppenheim’s news organization declined to air a story about a powerful man preying on women. NBC famously sat on the “Access Hollywood” tape in which now-President Donald Trump bragged about assaulting women.

Note: For more along these lines, see concise summaries of deeply revealing news articles on sexual abuse scandals from reliable major media sources.


ABC Killed Jeffrey Epstein Sex Trafficking Story Three Years Ago, News Anchor Amy Robach Caught on Camera Saying
2019-11-05, Newsweek
Posted: 2019-11-12 00:52:28
https://www.newsweek.com/abc-jeffrey-epstein-story-amy-robach-prince-andrew-1...

ABC News' Amy Robach, best known as co-anchor of 20/20, claimed that ABC killed her story about convicted pedophile Jeffrey Epstein's sex trafficking of minors three years ago in sensational hot microphone footage leaked Tuesday. In the footage, reportedly taken in August and published online Tuesday by the right-wing activist group Project Veritas, Robach, 46, says: "I've had this story for three years. I've had this interview with [Epstein accuser] Virginia Roberts. We would not put it on the air. First of all I was told, 'Who is Jeffrey Epstein? No one knows who that is. This is a stupid story.'" "Then the palace found out we had her whole allegations about Prince Andrew and threatened us in a million different ways," Robach continues, referring to the British royal that Roberts alleged in a 2015 court filing Epstein trafficked her to when she was 17. "[Roberts] told me everything," Robach says in the clip. "She had pictures. She had everything. She was in hiding for 12 years. We convinced her to come out. We convinced her to talk to us. It was unbelievable what we had. Clinton. Everything." Epstein was arrested on federal charges of sex trafficking of minors and conspiracy to sex traffic minors in July. He was found dead in his New York prison cell in August. Epstein's death has been ruled suicide by hanging, however, Epstein's family believe he was murdered. A private pathologist hired by the Epstein estate said last week that Epstein's autopsy showed injuries more consistent with "homicidal strangulation" than suicide.

Note: Watch the incredible interview of this revelation. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources.


The fight to stop Nestlé from taking America's water to sell in plastic bottles
2019-10-29, The Guardian (One of the UK's leading newspapers)
Posted: 2019-11-12 00:50:03
https://www.theguardian.com/environment/2019/oct/29/the-fight-over-water-how-...

The network of clear streams comprising California’s Strawberry Creek run down the side of a steep, rocky mountain in a national forest two hours east of Los Angeles. Last year Nestlé siphoned 45m gallons of pristine spring water from the creek and bottled it under the Arrowhead Water label. Though it’s on federal land, the Swiss bottled water giant paid the US Forest Service and state practically nothing, and it profited handsomely: Nestlé Waters’ 2018 worldwide sales exceeded $7.8bn. Conservationists say some creek beds in the area are now bone dry and once-gushing springs have been reduced to mere trickles. The Forest Service recently determined Nestlé’s activities left Strawberry Creek “impaired” while “the current water extraction is drying up surface water resources”. Still, a year later, the Forest Service approved a new five-year permit that allows Nestlé to continue using federal land to extract water, a decision critics say defies common sense. At the national level, former agriculture secretary Ann Veneman serves on Nestlé’s board. Former Forest Service special uses leader Gary Earney administered Nestlé’s water permit between 1984 and 2007 and is now one of its most vocal critics. During that time, he witnessed “devastating” Forest Service budget cuts that made it impossible to monitor Nestle’s activities or properly manage the forest. Former San Bernardino national forest supervisor Gene Zimmerman ... left the agency in 2006 to work as a contractor for Nestlé.

Note: Nestlé is one of the companies pushing to transform fresh water into a Wall Street commodity. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


50 Years Ago, Sugar Industry Quietly Paid Scientists To Point Blame At Fat
2016-09-13, NPR
Posted: 2019-11-12 00:38:08
https://www.npr.org/sections/thetwo-way/2016/09/13/493739074/50-years-ago-sug...

In the 1960s, the sugar industry funded research that downplayed the risks of sugar and highlighted the hazards of fat, according to a newly published article in JAMA Internal Medicine. The article draws on internal documents to show that an industry group called the Sugar Research Foundation wanted to "refute" concerns about sugar's possible role in heart disease. The SRF then sponsored research by Harvard scientists that did just that. The result was published in the New England Journal of Medicine in 1967, with no disclosure of the sugar industry funding. There's no evidence that the SRF directly edited the manuscript published by the Harvard scientists in 1967, but there is "circumstantial" evidence that the interests of the sugar lobby shaped the conclusions of the review, the researchers say. The documents in question are five decades old, but the larger issue is of the moment, as Marion Nestle notes in a commentary in the same issue of JAMA Internal Medicine: "Is it really true that food companies deliberately set out to manipulate research in their favor? Yes, it is, and the practice continues. In 2015, the New York Times obtained emails revealing Coca-Cola's cozy relationships with sponsored researchers who were conducting studies aimed at minimizing the effects of sugary drinks on obesity. More recently, the Associated Press obtained emails showing how a candy trade association funded and influenced studies to show that children who eat sweets have healthier body weights than those who do not."

Note: Read more on the sugar industry's manipulation of science. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.


Government Loophole Gave Oil Companies $18 Billion Windfall
2019-10-24, New York Times
Posted: 2019-11-04 20:33:31
https://www.nytimes.com/2019/10/24/climate/oil-lost-revenue-gao.html

The United States government has lost billions of dollars of oil and gas revenue to fossil-fuel companies because of a loophole in a decades-old law. The loophole dates from an effort in 1995 to encourage drilling in the Gulf of Mexico by offering oil companies a temporary break from paying royalties on the oil produced. However, the rule was poorly written, the very politicians who originally championed it have acknowledged, and the temporary reprieve was accidentally made permanent on some wells. As a result, some of the biggest oil companies in the world, including Chevron, Shell, BP, Exxon Mobil and others, have avoided paying at least $18 billion in royalties on oil and gas drilled since 1996, according to a new report from the Government Accountability Office. The companies, which hold government leases to drill in the Gulf, continue to extract oil and gas from those wells while not being required to pay royalties, a right the industry has gone to court to defend. Roughly 22 percent of oil production from federal leases in the Gulf of Mexico was royalty-free in 2018 because of the loophole, the Interior Department said. The report of the windfall to oil companies comes as the Trump administration has moved to further reduce the cost of offshore drilling for the industry, proposing to significantly weaken safety rules put in place after the deadly 2010 Deepwater Horizon explosion in the Gulf of Mexico.

Note: A 2013 Washington Post article suggests practices like this are common across major industries. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.


Investigation Shows Hundreds Of Patients Dying At California Rehab Centers
2019-06-25, CBS (Bay Area affiliate)
Posted: 2019-11-04 20:29:13
https://sanfrancisco.cbslocal.com/2019/06/25/hundreds-of-patients-dying-in-ca...

The average 30-day stay at a California rehab costs families $40,000. It’s expensive and often highly risky. The Russells [checked] their 19-year-old son, Teddy Russell, into Mountain Vista last summer. “During intake, they had trouble with the blood pressure cuff and she said, ‘No, I have no medical training at all,’” said Anne Russell, talking about the counselor at the rehab. Mountain Vista Farm is a state licensed residential detox facility, which in California is not required to have a doctor on site. Anne Russell believes the lack of medical support drastically changed the course of her family’s life. “We trusted them to help him and our son trusted us and it was just a nightmare,” she said. Detox centers must check on patients every 30 minutes for the critical first 72 hours but that didn’t happen. Seven hours after being dropped off at Mountain Vista Farm, Teddy Russell was dead. The state has the power to suspend a rehab facility’s license after a Class A deficiency. Teddy’s death resulted in two of those. But the state didn’t shut this place down. In fact, we’ve learned it rarely shuts any rehab down. Instead the penalty in Teddy’s case was a $700 fine. Public records show Teddy’s story is not unique. 190 people have died at other rehab facilities in California since 2010. We found dozens of deficiencies, from falsifying records, failing to report deaths, and employing unqualified staff to not monitoring patient vitals, like what happened to Teddy.

Note: John Oliver has a hard-hitting video on the serious problems found at many rehab centers. For more along these lines, see concise summaries of deeply revealing news articles on health from reliable major media sources.


NBC News can’t seem to shake Ronan Farrow and the scandal he uncovered
2019-10-27, Washington Post
Posted: 2019-11-04 20:26:51
https://www.washingtonpost.com/lifestyle/style/the-scandal-that-keeps-on-givi...

NBC News just can’t seem to escape the talk of scandal. For weeks, the network has been rebutting allegations by a former correspondent, Ronan Farrow, that it suppressed his reporting on sexual assault allegations against movie producer Harvey Weinstein and covered up harassment and assault accusations against its former star, Matt Lauer. The story has been propelled by Farrow’s best-selling book, “Catch and Kill,” which asserts ... that NBC stopped Farrow’s reporting on Weinstein in mid-2017 after Weinstein threatened to reveal Lauer’s misconduct. Farrow published a blockbuster story about Weinstein in the New Yorker seven weeks later. In an extraordinary segment on her MSNBC show, Rachel Maddow urged NBC News to undertake an independent investigation of the network’s conduct. “The allegations about the behavior of Harvey Weinstein and Matt Lauer are gut-wrenching,” said Maddow, MSNBC’s biggest star and the second, after MSNBC host Chris Hayes, to call out her bosses on an NBC-owned platform. Brooke Nevils [is] a “Today” show producer who in Farrow’s book accuses Lauer of raping her. Network officials deny any pattern of harassment complaints or “hush-money” settlements, and say Lauer was fired just hours after Nevils came forward with her accusation in late 2017. But NBC has resisted calls for the kind of independent investigation that other news organizations have undertaken in the wake of harassment scandals.

Note: For more along these lines, see concise summaries of deeply revealing news articles on sexual abuse scandals from reliable major media sources.


Women At Ernst & Young Instructed On How To Dress, Act Nicely Around Men
2019-10-21, Huffington Post
Posted: 2019-11-04 20:24:50
https://www.huffpost.com/entry/women-ernst-young-how-to-dress-act-around-men_...

When women speak, they shouldn’t be shrill. Clothing must flatter, but short skirts are a no-no. After all, “sexuality scrambles the mind.” Women should look healthy and fit, with a “good haircut” and “manicured nails.” These were just a few pieces of advice that around 30 female executives at Ernst & Young received at a training held in the accounting giant’s gleaming new office in Hoboken, New Jersey, in June 2018. The 55-page presentation, used during the day-and-a-half seminar on leadership and empowerment, was given to HuffPost by an attendee who was appalled by its contents. Full of out-of-touch advice, the presentation focused on how women need to fix themselves to fit into a male-dominated workplace. The training, called Power-Presence-Purpose or PPP ... was billed to participants as advice on how to be successful at EY, according to Jane, a training attendee and former executive director at the firm. Attendees were even told that women’s brains are 6% to 11% smaller than men’s, Jane said. She wasn’t sure why they were told this, nor is it clear from the presentation. Women’s brains absorb information like pancakes soak up syrup so it’s hard for them to focus, the attendees were told. Men’s brains are more like waffles. They’re better able to focus because the information collects in each little waffle square. The only reason to talk to women about their size of their brains is to make them feel inferior to men, said Bruce McEwen, a neuroscientist at Rockefeller University.

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


General Motors Sides With Trump in Emissions Fight, Splitting the Industry
2019-10-28, New York Times
Posted: 2019-11-04 20:23:03
https://www.nytimes.com/2019/10/28/climate/general-motors-california-emission...

General Motors, Fiat Chrysler and Toyota said Monday they were intervening on the side of the Trump administration in an escalating battle with California over fuel economy standards for automobiles. Their decision pits them against leading competitors, including Honda and Ford, who this year reached a deal to follow California’s stricter rules. The Trump administration has proposed a major weakening of federal auto emissions standards set during the Obama administration, prompting California to declare that it will go its own course and keep enforcing the earlier, stricter standards. The automakers siding with the administration, led by the industry group the Association of Global Automakers, say that the federal government, not California, has the ultimate authority to set fuel economy standards. The legal fight between the Trump administration and California over auto pollution rules has swelled into a battle over states’ rights and climate change that is likely to only be resolved once it reaches the Supreme Court. The Obama-era national fuel economy standard requires automakers to build vehicles that achieve an average fuel economy of 54.5 miles per gallon by 2025, which would eliminate about six billion tons of carbon dioxide pollution over the lifetime of those vehicles. The Trump administration is planning to roll back the fuel-economy standard to about 37 miles per gallon. Nearly two dozen other states have filed suit against the Trump administration, alongside California, over the emissions rules.

Note: This is proof that the mileage our cars get is not determined by market forces, but rather by government regulation. Average mileage has risen consistently with regulation, not with innovation. For lots more on this, see this webpage. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.


Mark Zuckerberg's plea for the billionaire class is deeply anti-democratic
2019-10-21, The Guardian (One of the UK's leading newspapers)
Posted: 2019-10-28 22:38:42
https://www.theguardian.com/commentisfree/2019/oct/21/mark-zuckerberg-plea-bi...

Hitting back against presidential candidate Bernie Sanders’s assertion that billionaires should not exist – and his calls to tax their wealth at much higher rates – Facebook CEO Mark Zuckerberg, worth $70bn, took to Fox News to defend his beleaguered class. Billionaires, he argued, should not exist in a “cosmic sense,” but in reality most of them are simply “people who do really good things and kind of help a lot of other people. And you get well compensated for that.” He warned too about the dangers of ceding too much control over their wealth to the government, allegedly bound to stifle innovation and competition. Zuckerberg’s reasoning isn’t unique among the 1%. As common as this argument is, it also happens not to be true. Take the basis of Mark Zuckerberg’s fortune. The internet was developed out of a small Pentagon network intended to allow the military to exchange information during the Cold War. And of the top 88 innovations rated by R & D Magazine as the most important between 1971 and 2006, economists Fred Block and Matthew Keller have found that 77 were the beneficiaries of substantial federal research funding, particularly in early stage development. This isn’t all to say that the private sector hasn’t played a significant role in driving innovation. But the the fortunes built off of each couldn’t exist were it not for the government more often than not taking the first step, funding innovation far riskier than venture capitalists and angel investors can usually stomach.

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


Not in front of the telly: Warning over 'listening' TV
2015-02-09, BBC News
Posted: 2019-10-28 22:35:59
https://www.bbc.com/news/technology-31296188

Samsung is warning customers about discussing personal information in front of their smart television set. The warning applies to TV viewers who control their Samsung Smart TV using its voice activation feature. When the feature is active, such TV sets "listen" to what is said and may share what they hear with Samsung or third parties, it said. Privacy campaigners said the technology smacked of the telescreens, in George Orwell's 1984, which spied on citizens. The warning came to light via a story in ... the Daily Beast which published an excerpt of a section of Samsung's privacy policy for its net-connected Smart TV sets. These record what is said when a button on a remote control is pressed. The policy explains that the TV set will be listening to people in the same room to try to spot when commands or queries are issued via the remote. It goes on to say: "If your spoken words include personal or other sensitive information, that information will be among the data captured and transmitted to a third party." Corynne McSherry, an intellectual property lawyer for the Electronic Frontier Foundation, [said] that the third party was probably the company providing speech-to-text conversion for Samsung. She added: "If I were the customer, I might like to know who that third party was, and I'd definitely like to know whether my words were being transmitted in a secure form." The third party handling the translation from speech to text is a firm called Nuance, which specialises in voice recognition, Samsung has confirmed to the BBC.

Note: Read more about Samsung's privacy issues in this 2013 Houston Chronicle article. For more along these lines, see concise summaries of deeply revealing news articles on the disappearance of privacy from reliable major media sources.


Science institute that advised EU and UN 'actually industry lobby group'
2019-06-02, The Guardian (One of the UK's leading newspapers)
Posted: 2019-10-14 23:33:15
https://www.theguardian.com/us-news/2019/jun/03/science-institute-that-advise...

An institute whose experts have occupied key positions on EU and UN regulatory panels is, in reality, an industry lobby group that masquerades as a scientific health charity, according to a peer-reviewed study. The Washington-based International Life Sciences Institute (ILSI) describes its mission as “pursuing objectivity, clarity and reproducibility” to “benefit the public good”. But researchers from the University of Cambridge, Bocconi University in Milan, and the US Right to Know campaign assessed over 17,000 pages of documents under US freedom of information laws to present evidence of influence-peddling. The paper’s lead author, Dr Sarah Steele, a Cambridge university senior research associate, said: “Our findings add to the evidence that this nonprofit organisation has been used by its corporate backers for years to counter public health policies. ILSI should be regarded as an industry group – a private body – and regulated as such, not as a body acting for the greater good.” Around this time, ILSI was caught up in a separate controversy, when the Guardian revealed that ILSI Europe’s vice-president Prof Alan Boobis chaired a UN panel that found glyphosate was probably not carcinogenic to humans. The final panel report included no conflict of interest statements, even though ILSI Europe had received donations of $500,000 (Ł344,234) from Monsanto, which uses glyphosate in its RoundUp weedkiller, and $528,500 from its industry representative, Croplife International.

Note: Check out a great article on how lobby groups like this cause the media to become industry lapdogs. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


Monsanto’s Spies
2019-09-16, Huffington Post
Posted: 2019-10-06 17:45:11
https://www.huffpost.com/entry/monsantos-spies_n_5d7ba20de4b03b5fc88233c4?

About a half a dozen journalists were in a northern California courtroom to cover a third lawsuit alleging that Monsanto’s pesticide glyphosate causes cancer. [Sylvie] Barak told others that she was a freelancer for the BBC. When journalists searched the internet for Barak, they noticed that her LinkedIn account said she worked for FTI Consulting, a global business advisory firm that Monsanto and Bayer, Monsanto’s parent company, had engaged for consulting. Monsanto has also previously employed shadowy networks of consultants, PR firms, and front groups to spy on and influence reporters. And all of it appears to be part of a pattern at the company of using a variety of tactics to intimidate, mislead and discredit journalists and critics. In the latest example of Monsanto’s efforts to track journalists, The Guardian reported in August on internal documents from the company’s “fusion center,” which worked to discredit reporters and nonprofits via third-party actors. In the California trial, the reporter who first identified Barak as an FTI plant said she ... saw an uptick in Monsanto’s industry partners contacting her as she covered the trial. A guy named Jay Byrne ... contacted her on social media to discuss how GMO criticism was part of a Russian influence campaign; when she Googled Byrne, she learned he is Monsanto’s former director of communications. In a January deposition, a Monsanto representative said that in 2016 the company spent “around $16 or 17 million” on activities to defend glyphosate.

Note: Major lawsuits are now unfolding over Monsanto's lies to regulators and the public on the dangers of glyphosate. Yet the EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


A Shadowy Industry Group Shapes Food Policy Around the World
2019-09-16, New York Times
Posted: 2019-10-06 17:40:52
https://www.nytimes.com/2019/09/16/health/ilsi-food-policy-india-brazil-china...

When the Indian government bowed to powerful food companies last year and postponed its decision to put red warning labels on unhealthy packaged food, officials also sought to placate critics of the delay by creating an expert panel to review the proposed labeling system, which would have gone far beyond what other countries have done in the battle to combat soaring obesity rates. But the man chosen to head the three-person committee, Dr. Boindala Sesikeran, a veteran nutritionist and former adviser to Nestle, only further enraged health advocates. That’s because Dr. Sesikeran is a trustee of the International Life Sciences Institute, an American nonprofit with an innocuous sounding name that has been quietly infiltrating government health and nutrition bodies around the world. Created four decades ago by a top Coca-Cola executive, the institute now has branches in 17 countries. It is almost entirely funded by Goliaths of the agribusiness, food and pharmaceutical industries. The organization, which championed tobacco interests during the 1980s and 1990s in Europe and the United States, has more recently expanded its activities in Asia and Latin America, regions that provide a growing share of food company profits. It has been especially active in China, India and Brazil, the world’s first, second and sixth most populous nations. In addition to its far-flung offices, ILSI runs a research foundation and an institute focused on health and environmental issues that is largely funded by the chemical industry.

Note: Check out a great article on how lobby groups like this cause the media to become industry lapdogs. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.


'Medication or housing': why soaring insulin prices are killing Americans
2019-09-23, The Guardian (One of the UK's leading newspapers)
Posted: 2019-09-29 16:24:16
https://www.theguardian.com/society/2019/sep/23/diabetes-americans-soaring-in...

Jada Renee Louis of Newport News, Virginia, died on 22 June 2019 about a week after requiring emergency hospital care for diabetic ketoacidosis, a serious complication caused by a lack of insulin, and a foot ulcer. She was 24. A type 1 diabetic, Louis, who did not have health insurance coverage, couldn’t afford the cost of her insulin doses and pay her rent. She chose to skip doses in order to pay her rent. Today a vial of insulin – which will last 28 days once opened – costs about $300 in the US. “People are literally dying over $300 like my sister did. People shouldn’t have to choose between medications or shelter. That’s the most outrageous decision for somebody to have to make, yet people are doing it daily,” Jazmine Baldwin, Louis’s sister, [said]. Price gouging of insulin and other barriers to accessing it are symptomatic of America’s broken healthcare system, diabetes advocates argue, and the resulting deaths and struggles of those with diabetes demonstrate the need for systemic reforms. Between 2012 to 2016, the average cost of insulin in the United States nearly doubled to $5,705 per year for individuals with type 1 diabetes. Production costs for a vial of insulin are estimated to cost around $5 while pharmaceutical companies charge as high as $540 per vial and Americans are dying as a result of being unable to afford it in addition to the expensive costs of medical care, and supplies such as syringes and glucose monitors. Some 1.25 million Americans are currently diagnosed with type 1 diabetes.

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


The New Cholesterol Guidelines And Conflicts Of Interest
2013-11-20, Forbes
Posted: 2019-09-29 16:14:08
https://www.forbes.com/sites/edsilverman/2013/11/20/the-new-cholesterol-guide...

The American Heart Association and the American College of Cardiology released new guidelines for prescribing cholesterol-lowering medicines. The big winners are expected to be the drug makers that sell statins, since other types of pills were not recommended. Of the 15 panelists that authored these new guidelines, six reported having recent or current ties to drugmakers that already sell or are developing cholesterol medications. And among the half dozen who disclosed these relationships was one of the two panel co-chairs, which contradicts an Institute of Medicine suggestion about managing conflicts and leadership roles on such panels. To be specific, the Institute of Medicine wrote that, “whenever possible, guideline development group members should not have conflicts of interest ... and the chair or co-chairs should not be a person(s) with conflicts of interest.” The Institute of Medicine also wrote that members with conflicts should not represent a majority (here is the IOM report). “One of the reasons the IOM recently recommended eliminating rather than ‘managing’ financial conflicts of interest in guideline development groups is because of concerns about implicit bias,” says Lisa Cosgrove ... at the University of Massachusetts. “When individuals have commercial ties they are vulnerable to developing subtle, but sometimes powerful, pro-industry ways of thinking. Transparency ... can actually worsen the problem, because some people think simply disclosing a tie relieves any moral concern.”

Note: For lots more on this, see an informative article titled "The Statin Mafia Censors Pharmaceutical Harm." For more along these lines, see concise summaries of deeply revealing news articles on pharmaceutical industry corruption from reliable major media sources.


Life, Death and Insulin
2019-01-07, Washington Post
Posted: 2019-09-23 15:53:05
https://www.washingtonpost.com/news/magazine/wp/2019/01/07/feature/insulin-is...

The global insulin market is dominated by three companies: Eli Lilly, the French company Sanofi and the Danish firm Novo Nordisk. All three have raised list prices to similar levels. According to IBM Watson Health data, Sanofi’s popular insulin brand Lantus was $35 a vial when it was introduced in 2001; it’s now $270. Novo Nordisk’s Novolog was priced at $40 in 2001, and as of July 2018, it’s $289. The companies appear to have increased [prices] in lockstep over a number of years, prompting allegations of price fixing. All three companies denied these charges. (In 2010, Mexico fined Eli Lilly and three Mexican companies for price collusion on insulin, an allegation Eli Lilly also denied.) In the United States, a federal prosecutor and at least five state attorneys general are currently investigating the companies’ pricing practices. There is also another, less known corporate entity in the mix: pharmacy benefit managers (PBMs), which include Express Scripts, OptumRx and CVS Health; all are now named in lawsuits on high insulin prices. These corporate entities are powerful special interests. In 2017, the pharmaceutical and health product industry ... spent nearly $280 million on lobbying, the biggest spender by far of 20 top industries, according to the Center for Responsive Politics. The industry also has a revolving door to government. Alex Azar, the head of the Department of Health and Human Services, was the president of Eli Lilly’s U.S. division until 2017.

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


Top MIT official resigns in wake of explosive report on donations facilitated by Jeffrey Epstein
2019-09-08, CNN News
Posted: 2019-09-16 17:52:17
https://www.cnn.com/2019/09/08/us/jeffrey-epstein-mit-official-resigns/?iid=o...

Joi Ito, the director of the Media Lab at MIT, resigned Saturday and the university is calling for an independent investigation following explosive allegations that he and at least one other person at the lab made efforts to make sure Jeffrey Epstein's name was not associated with donations he made or helped solicit. Internal communications and documents obtained by CNN - first reported by the New Yorker - show Epstein was integral to incoming donations from major donors, including $2 million from Bill Gates and at least $5 million from Leon Black, the founder of private equity firm Apollo Global Management. Internal email exchanges show Ito was in direct contact with Epstein about the late financier's donations, which documents show at one point were earmarked for a research scientist. As discussions continued about the funding for the researcher, the Director of Development and Strategy, Peter Cohen, sent an email to an undisclosed recipient, saying "Jeffrey money, needs to be anonymous." Internal communications dating back to 2014 include several references to Epstein being allowed to make small donations anonymously. The communications show that Epstein helped as an intermediary on high-dollar proposals. In October of 2014 Ito sent an email stating, "This is a $2M gift from Bill Gates directed by Jeffrey Epstein." His director of Development and Strategy - Cohen - responds "Great! For gift recording purposes, we will not be mentioning Jeffreys name as the impetus for this gift."

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


Epstein’s donations to universities reveal a painful truth about philanthropy
2019-09-05, Washington Post
Posted: 2019-09-08 23:43:48
https://beta.washingtonpost.com/local/education/epsteins-donations-to-univers...

Jeffrey Epstein forged deep ties with some of the nation’s elite universities and their scholars, showering them with millions of dollars in donations. The financier’s donations supported important research and helped scientists work toward discoveries, but they also provided a veneer of credibility to a convicted sex offender. The ensuing fallout ... illuminates enduring questions for academia about the money that fuels research, and how institutions nurture relationships with donors in the race to excel. Epstein gave repeatedly to MIT and Harvard University. At MIT, the president, L. Rafael Reif, apologized to Epstein’s victims in a message to campus. The school accepted about $800,000 of Epstein’s money over 20 years, Reif wrote, with gifts to the MIT Media Lab and to a mechanical engineering professor. “With hindsight,” Reif wrote, “we recognize with shame and distress that we allowed MIT to contribute to the elevation of his reputation, which in turn served to distract from his horrifying acts. No apology can undo that.” The largest gift to Harvard University from Epstein was $6.5 million in 2003, for the Program for Evolutionary Dynamics. Martin Nowak, director of that program, said there was only one gift from Epstein in support of his research, and that money was spent by 2007. In 2006, when Epstein was facing sex-crime charges, the Harvard Crimson reported that the school would not return the gift, although some prominent recipients of Epstein’s donations had done so.

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Johnson & Johnson ordered to pay $572 million for its role in Oklahoma’s opioid crisis
2019-08-26, Washington Post
Posted: 2019-09-02 18:12:48
https://www.washingtonpost.com/health/johnson-and-johnson-is-responsible-for-...

A judge Monday found Johnson & Johnson responsible for fueling Oklahoma’s opioid crisis, ordering the health-care company to pay $572 million to remedy the devastation wrought by the epidemic on the state and its residents. Cleveland County District Judge Thad Balkman’s landmark decision is the first to hold a drugmaker culpable for the fallout of years of liberal opioid dispensing that began in the late 1990s. More than 400,000 people have died of overdoses from painkillers, heroin and illegal fentanyl since 1999. With more than 40 states lined up to pursue similar claims against the pharmaceutical industry, the ruling ... could influence both sides’ strategies in the months and years to come. Plaintiffs’ attorneys around the country cheered the decision, saying they hoped it would be a model for an enormous federal lawsuit brought by nearly 2,000 cities, counties, Native American tribes and others scheduled to begin in Cleveland, Ohio, in October. Johnson & Johnson’s products ... were a small part of the painkillers consumed in Oklahoma. But Hunter painted the company as an industry “kingpin” because two other companies it owned had grown, processed and supplied 60 percent of the ingredients in painkillers sold by most drug companies. “At the root of this crisis was Johnson & Johnson, a company that literally created the poppy that became the source of the opioid crisis,” the state charged. The state also said the health-care giant actively took part in ... an aggressive misinformation campaign.

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