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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.


The great British Brexit robbery: how our democracy was hijacked
2017-05-07, The Guardian (One of the UK's leading newspapers)
Posted: 2017-05-15 16:48:37
https://www.theguardian.com/technology/2017/may/07/the-great-british-brexit-r...

The story of Cambridge Analytica is one of the most profoundly unsettling of our time. SCL/Cambridge Analytica [is] effectively part of the ... defence establishment. This is not just a story about social psychology and data analytics. It has to be understood in terms of a military contractor using military strategies on a civilian population. David Miller, a professor of sociology ... and an authority in psyops and propaganda, says it is “an extraordinary scandal that this should be anywhere near a democracy.” David, [an] ex-Cambridge Analytica employee, [was] working at the firm when it introduced mass data-harvesting to its psychological warfare techniques. “It brought psychology, propaganda and technology together in this powerful new way,” David [said]. Facebook was the source of the psychological insights that enabled Cambridge Analytica to target individuals. The company ... bought consumer datasets – on everything from magazine subscriptions to airline travel – and uniquely it appended these with the psych data to voter files. “The goal is to capture every single aspect of every voter’s information environment,” said David. “And the personality data enabled Cambridge Analytica to craft individual messages.” Cambridge Analytica could target people high in neuroticism, for example, with images of immigrants “swamping” the country. Brexit came down to ... just over 1% of registered voters. It’s not a stretch to believe that ... the global 1% found a way to influence this crucial 1% of British voters.

Note: Another Guardian article recently exposed how billionaire Robert Mercer used new technology to build a corporate empire capable of swinging elections. The above article further details how mass media is being combined with Big Data to produce powerful new forms of mind control.


Hog Farms Spray Pig Urine, Feces Into Air Around North Carolina's Black Communities
2017-05-03, International Business Times
Posted: 2017-05-08 11:28:45
http://www.ibtimes.com/hog-farms-spray-pig-urine-feces-air-around-north-carol...

Residents in North Carolina are fighting back against one of the state's most prominent industries: hog farming. But the legislation may not be on their side - a group of lawmakers in the state passed House Bill 467 last week, legislation that limits how much residents can collect in damages from hog farms. Hog farms in North Carolina dispose of pig feces and urine by spraying it, untreated, into the air where residents live. In response, nearly 500 of those residents ... from eastern North Carolina, brought a class action suit against Murphy-Brown, the state's largest producer of hogs. The lawsuit has now made its way to federal court. Residents have said the process of waste disposal has caused health problems. Much of the waste disposal affects low-income residents and black communities. "It can, I think, very correctly be called environmental racism or environmental injustice that people of color, low-income people bear the brunt of these practices," [University of North Carolina professor] Steve Wing ... said. "I shut my hog operation down, and I got out of it. And I ... just couldn't do another person that way, to make them smell that," Don Webb, a former pig factory farm owner, told Democracy Now. "You get stories like, 'I can't hang my clothes out.' Feces and urine odor comes by and attaches itself to your clothes." HB 467 ... was passed by both houses of the North Carolina Legislature. The bill would prevent people from recovering damages like those for healthcare bills and pain and suffering.

Note: In 2014, video footage of toxic cesspools around North Carolina farms exposed shockingly lax agricultural waste disposal standards. In response, the North Carolina Legislature passed a law to prevent whistle-blowers from exposing corporate wrongdoing. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.


Crowdfunding for medical expenses is rising — when it should be eradicated
2017-04-28, Los Angeles Times
Posted: 2017-05-08 11:26:24
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-crowdfunding-medical-20...

Public appeals by families or individuals for help paying basic medical bills seem to be on the rise in the United States. Crowdfunding websites such as GoFundMe.com report that medical expenses rank as their largest single category of appeals; other sites such as HelpHopeLive have sprung up specifically for medical expense appeals. [This points] to a crisis in the American healthcare system in two ways. One involves the gaps and other problems with U.S. healthcare that make crowdfunding campaigns necessary. Lawmakers who support policies that drive people to expose their personal lives in order to obtain desperately needed care should be ashamed of themselves. The other crisis underscored by the rise of crowdfunding concerns the ethical issues raised by public appeals for medical care itself. Those are addressed in a new article in the Journal of the American Medical Assn.. Crowdfunding for expenses that should be met by private insurers or government healthcare programs ... can make the delivery of healthcare fundamentally unfair. They can direct resources away from patients who need them the most toward those whose campaigns are merely “more vocal, photogenic, or emotionally appealing.”

Note: For more along these lines, see concise summaries of deeply revealing news articles on income inequality and health.


Long-time Iowa farm cartoonist fired after creating this cartoon
2016-05-03, CBS News (Iowa affiliate)
Posted: 2017-05-08 11:18:24
http://www.kcci.com/article/long-time-iowa-farm-cartoonist-fired-after-creati...

Rick Friday has been giving farmers a voice and a laugh every Friday for two decades through his cartoons in Farm News. Now the long-time Iowa farm cartoonist [says] he has been fired. Friday announced ... that his job was over after 21 years in a Facebook post that has since gone viral: "I am no longer the Editorial Cartoonist for Farm News due to the attached cartoon which was published yesterday. Apparently a large company affiliated with one of the corporations mentioned in the cartoon was insulted and cancelled their advertisement with the paper, thus, resulting in the reprimand of my editor and cancellation of its Friday cartoons after ... over 1,090 published cartoons to over 24,000 households per week in 33 counties of Iowa. "I did my research and only submitted the facts in my cartoon. The cartoon features two farmers talking about farming profits. The first says, "I wish there was more profit in farming." The second farm[er] answers, "There is. In year 2015 the CEOs of Monsanto, DuPont Pioneer and John Deere combined made more money than 2,129 Iowa farmers." Friday received an email from his editor at Farm News cutting off their relationship a day after the cartoon was published. Friday’s editor said a seed dealer pulled their advertisements with Farm News as a result of the cartoon, and others working at the paper disagreed with the jokes made about the agriculture corporations.

Note: See the cartoon at this link. For more along these lines, see concise summaries of deeply revealing news articles on income inequality and mass media.


UK debates: Are high heel dress codes sexist?
2017-03-06, Salt Lake Tribune/Associated Press
Posted: 2017-05-08 11:15:10
http://www.sltrib.com/home/5020582-155/uk-debates-are-high-heel-dress

In a debate that has gone from office corridors to Britain's Parliament, lawmakers put their foot down Monday and told employers to stop making women wear high heels as part of corporate dress codes. Members of Parliament debated a ban on mandatory workplace high heels in response to a petition started by a receptionist who was sent home without pay for wearing flat shoes. The debate was nonbinding, but the government promised to act against heel-height rules, makeup guidelines and other corporate codes that apply to women but not to men. Labour lawmaker Helen Jones, who helped lead a parliamentary investigation into dress codes, said she and her colleagues were shocked by what they found. "We found attitudes that belonged more - I was going to say in the 1950s, but probably the 1850s would be more accurate, than in the 21st century," she told lawmakers at Parliament's Westminster Hall. The British government says the law already forbids companies from discriminating against women, but a report from Parliament's Women and Equalities Committee found that "discriminatory dress codes" remain commonplace in sectors including the retail and tourism industries. The committee said it had heard from hundreds of women "who told us about the pain and long-term damage caused by wearing high heels for long periods in the workplace, as well as from women who had been required to dye their hair blonde, to wear revealing outfits and to constantly reapply makeup."

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


Bias In Industry-Funded Nutrition Research Is Real (And Scary)
2016-01-11, Huffington Post
Posted: 2017-05-08 11:09:29
http://www.huffingtonpost.com.au/2016/10/31/bias-in-industry-funded-nutrition...

People rely on unbiased research to find out important statistics about all facets of nutrition. However, recent research from the Charles Perkins Centre at the University of Sydney suggests there is bias in industry-funded research studies ... the full extent of which is still unknown. [Professor Lisa] Bero and her team reviewed 775 reports in the medical literature ... to determine whether nutrition studies funded by the food industry were "associated with outcomes favourable to the sponsor". "Most of the studies only looked at the [author's interpretation] of the research. If it were industry sponsored, they were more likely to have a conclusion that favoured the industry sponsor," Bero said. This latest paper [follows] Bero's previous study which found nutrition studies funded by artificial sweetener companies are more likely to lead to favourable results. So, what happens if more industry sponsored nutrition studies are proven to be biased? "If you look at other areas where the effects of industry sponsorship have been shown, like in the pharmaceutical research area and the tobacco research area, people have actually applied more consistent quality criteria," Bero said. "You'd also want to try to make sure that all the data is being published. In the nutrition area they don't have things like clinical trial registries like they do for drug studies, for example. So if you have a study that's unfavourable or parts of it are unfavourable, it's hard to tell if ... all of it has gotten published. That's a huge bias in the pharmaceutical and tobacco studies."

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in the food system and in the scientific community.


Banned In Germany: Kids' Doll Is Labeled An Espionage Device
2017-02-17, NPR
Posted: 2017-04-30 23:31:27
http://www.npr.org/sections/thetwo-way/2017/02/17/515775874/banned-in-germany...

A doll called My Friend Cayla listens a little too well, according to German regulators who say the toy is essentially a stealthy espionage device that shares what it hears and is also vulnerable to takeover by third parties. "Cayla ist verboten in Deutschland," says Jochen Homann, the president of Germany's Federal Network Agency (the Bundessnetzagentur), announcing a ban on the doll in Germany on Friday. His agency oversees electronic privacy as part of its telecommunications mandate. Cayla looks like an everyday doll and gives no notice that it collects and transmits everything it hears - in this case, to [Nuance], a voice-recognition company in the U.S. whose other customers include intelligence agencies. The My Friend Cayla doll remains for sale in the U.S., including via Amazon. Much of what the German agency says echoes the concerns of privacy and consumer advocates in the U.S., who filed a complaint against Cayla during the recent Christmas shopping season. They criticized the scope of what the Internet-connected toy captures, as well as the vulnerabilities it poses for users who link the doll with their smartphones. Consumer groups have also criticized the doll for its habit of praising commercial products, in what's often seen as a stealth marketing campaign that targets children. "For example, Cayla will happily talk about how much she loves different Disney movies," Norway's Consumer Council says. "Meanwhile, the app-provider has a commercial relationship with Disney."

Note: The use of artificial intelligence in a new Barbie doll generated controversy in 2015, while a New York Times article from that same year called "smart objects" a "train wreck in privacy and security". For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


Former Spain central bank chief investigated for failed IPO
2017-02-13, Seattle times/Associated Press
Posted: 2017-04-30 23:24:20
http://www.seattletimes.com/business/former-spain-central-bank-chief-investig...

Spain’s National Court is summoning the former heads of Spain’s central bank and the stock market watchdog to be questioned for failing to stop the disastrous flotation of a savings bank that had to be bailed out. Eight officials, including former Bank of Spain governor Miguel Angel Fernandez Ordonez and Julio Seguro, the former president of market regulator CNMV, allegedly failed to stop Bankia’s listing in 2011 despite “repeated warnings” the bank was “unviable,” according to an investigation led by the court’s magistrates. Created by merging the assets of seven struggling Spanish banks, Bankia offered shares in an initial public offering in July 2011 and initially reported a profit for the year of 309 million euro ($327 million.) Months later, it amended its statements to show a 3 billion euro loss. The lender was nationalized in 2012 after a rescue that cost Spanish taxpayers around 22 billion euros ($23 billion). Former International Monetary Fund chief Rodrigo Rato stepped down as chairman of Bankia at the time of the IPO. Rato since has been investigated in separate, but related cases of alleged corruption. Internal central bank reports made clear the savings bank’s “severe and growing problems of profitability, liquidity and solvency,” a court order issued Monday stated.

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


Suit: Wells Fargo targeted ‘undocumented immigrants’ for accounts
2017-04-26, San Francisco Chronicle (San Francisco's leading newspaper)
Posted: 2017-04-30 23:22:32
http://www.sfchronicle.com/business/article/Suit-Wells-Fargo-targeted-undocum...

Wells Fargo branches across the country deliberately targeted “undocumented immigrants” to open savings and checking accounts in order to meet aggressive sales goals, according to court documents. In sworn declarations obtained by ... attorney Joseph Cotchett, former employees describe a scheme in which Spanish-speaking colleagues would visit places they knew were frequented by immigrants (including construction sites and a 7-Eleven), drive them to a branch and persuade them to open an account. Some employees would give the immigrants $10 apiece to start an account. The alleged scheme ... raises fresh questions about whether bank employees merely deceived customers by opening accounts in their names - or further crossed a line. Under federal law, banks must verify the identities of customers. Given Wells Fargo’s well-documented rush to hit sales goals, experts say it’s quite possible that employees did not follow procedures. In any case, targeting immigrants to hit sales goals should have raised red flags. The documents were filed Wednesday as part of a shareholder lawsuit filed ... in San Francisco Superior Court against Wells Fargo’s top executives. Last year, the San Francisco banking giant admitted that thousands of employees created up to 2 million fraudulent accounts in the names of real consumers without their consent. Wells Fargo ultimately fired CEO John Stumpf and paid $185 million in fines.

Note: Read more about the massive fraud perpetrated by Wells Fargo. For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.


Drug Prices in the U.S. Are Ridiculous
2017-04-28, Yes! Magazine
Posted: 2017-04-30 23:18:21
http://www.yesmagazine.org/issues/science/why-drug-prices-in-the-us-are-ridic...

Public money and public universities boost Big Pharma’s profits, so shouldn’t the public be able to afford the drugs? Almost 1 in 2 people used a prescription drug in the past month, and more than 1 in 5 used three or more. As the population ages and deals with more chronic diseases like diabetes, heart disease and depression, the percentage of people needing prescription medicines is growing. But what really sets us apart is how much they cost. Medicines in the US cost 2 to 6 times more than the rest of the world. 1 in 5 Americans - 35 million people - do not get their prescriptions filled because they don't have enough money. Big Pharma says high prices are necessary to invest in breakthrough research. But corporations don't actually do much of that, [and] have shifted money away from new-drug research to quick-profit minor variations on proven moneymakers. So who funds new-drug and breakthrough-drug research? Taxpayers. 84% of new-drug research is funded by the government. The public also subsidizes drug research through generous R&D tax credits. Using public research (plus charging high prices) gives corporations big profits. Drug companies' annual stock returns are twice the standard.

Note: A comprehensive infographic showing Big Pharma's preferential treatment by US regulators can be found at the link above. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the pharmaceutical industry.


The Day You Changed The Economy
2017-04-26, Huffington Post
Posted: 2017-04-30 23:16:17
http://www.huffingtonpost.com/entry/the-day-you-changed-the-economy_us_5900cb...

Despite the urgings of all of the world’s great religions, “neoliberalism,” the economic narrative that now runs the world, has convinced us that “greed is good.” The sole goal of the economy and business, it says, is to generate financial wealth. Markets are perfect and all of us individualistically maximizing our own desires will somehow deliver a world that works. Except that it didn’t. Today eight men have as much wealth as the bottom 3.5 billion humans on earth. The middle class is sinking into poverty with mothers working two jobs to support their families, while proponents of austerity cut social services to give greater tax benefits to the richest one percent. The rich call themselves “job creators.” But they invest not in new companies, but in financial instruments that benefit the big banks. So in 2016 the bonuses paid to Wall St. bankers, if shared among minimum wage earners, would have doubled the minimum wage. Just the bonuses. The old narrative is based on ... assumptions that scientists now reject. Psychologists, evolutionary biologists, anthropologists and others find that most people are not greedy, rugged individualists. We seek to meet our needs, but more, people seek goodness, connection, and caring. We desire to be rewarded for meaningful contributions with a decent living. We are not mostly motivated to acquire wealth. To thrive, businesses and society must pivot toward a new purpose: shared well-being on a healthy planet.

Note: The above article was written in support of the Regenerative Future Summit, which will take place in May 2017 in Boulder, Colorado. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and income inequality.


Pharmaceutical giant 'plotted to destroy cancer drugs to drive prices up 4,000%'
2017-04-18, The Independent (One of the UK's leading newspapers)
Posted: 2017-04-23 19:10:56
http://www.independent.co.uk/news/health/drug-giant-aspen-plot-destroy-cancer...

Leaked internal emails appear to show employees at one of the world’s leading pharmaceutical companies calling for “celebration” over price hikes of cancer drugs. After purchasing five different cancer drugs from British firm GlaxoSmithKline, [Aspen Pharmacare] tried to sell the medicines ... for up to 40 times their previous price. When bargaining over drug prices in Spain, the pharmaceutical giant is said to have threatened to stop selling the cancer treatments unless the health minister agreed to price rises of up to 4,000 per cent. Now another leaked email appears to reveal that staff at Aspen discussed destroying their supplies of the drug in the row. The price increases were made possible by a loophole that allows drug companies to change the price of medicines if they are no longer branded with the same name. The loophole is designed to make drugs cheaper once their patents have expired – but if drug companies have no competition, they are free to rise prices as well. A ruling by the Italian competition watchdog found Aspen had taken an “aggressive” approach to negotiations in the country. The company said it would stop supplying Italy with the drugs in October 2013 if authorities did not agree to price rises of up to 2,100 per cent in three months.

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


New Data on Pesticides in Food Raises Safety Questions
2016-11-23, Huffington Post
Posted: 2017-04-23 19:01:52
http://www.huffingtonpost.com/carey-gillam/before-the-holiday-feast_b_1315059...

Residues of many types of insecticides, fungicides and weed killing chemicals have been found in roughly 85 percent of thousands of foods tested. Data released ... by the U.S. Department of Agriculture shows varying levels of pesticide residues in everything from mushrooms to potatoes and grapes to green beans. One sample of strawberries contained residues of 20 pesticides. Notably, the agency said only 15 percent of the 10,187 samples tested were free from any detectable pesticide residues. That’s a marked difference from 2014, when the USDA found that over 41 percent of samples were “clean” or showed no detectable pesticide residues. Prior years also showed roughly 40-50 percent of samples as free of detectable residues. Absent from the USDA data was any information on glyphosate residues, even though glyphosate has long been the most widely used herbicide in the world. The Food and Drug Administration also annually samples foods for residues of pesticides. The most recent public residue report issued by the FDA shows that violation rates for pesticide residues have been climbing in recent years.

Note: For more, see this mercola.com article. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


Moms Exposed To Monsanto Weed Killer Means Bad Outcomes For Babies
2017-04-04, Huffington Post
Posted: 2017-04-23 18:58:21
http://www.huffingtonpost.com/entry/moms-exposed-to-monsanto-weed-killer-mean...

Concerns about the world’s most widely used herbicide are taking a new twist. Researchers looking at exposure to the herbicide known as glyphosate, the key ingredient in Monsanto’s Roundup-branded herbicides, said they tested and tracked 69 expectant mothers and found that the presence of glyphosate levels in their bodily fluids correlated with unfavorable birth outcomes. Glyphosate ... has become the subject of hot debate over the last few years because of research that links the herbicide to types of cancer and other health ailments. Monsanto is being sued by hundreds of people who claim they or their loved ones developed non-Hodgkin lymphoma because of exposure to glyphosate-based Roundup. Documents discovered in the course of the litigation indicate the company may have manipulated scientific research to hide evidence of harm. The team that presented their report Wednesday ... collected the data over two years, from 2015-2016, and found that higher glyphosate levels in women correlated with significantly shorter pregnancies and with lower adjusted birth weights. [Paul Winchester, who led the study], said he was surprised to see such a high percentage of women tested showing glyphosate in their urine. He was sharply critical of the U.S. government, which routinely skips testing for glyphosate residues in food.

Note: Major lawsuits are building over Monsanto's lies to regulators and the public on the dangers of glyphosate. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.


Mayo Clinic researchers demonstrate value of second opinions
2017-04-04, Mayo Clinic News Network
Posted: 2017-04-16 20:21:50
http://newsnetwork.mayoclinic.org/discussion/mayo-clinic-researchers-demonstr...

Many patients come to Mayo Clinic for a second opinion or diagnosis confirmation before treatment for a complex condition. In a new study, Mayo Clinic reports that as many as 88 percent of those patients go home with a new or refined diagnosis – changing their care plan and potentially their lives. Conversely, only 12 percent receive confirmation that the original diagnosis was complete and correct. When people are sick, they look to their doctor to find solutions. However, physicians don’t always have the answers. Often ... the physician will recommend a second opinion. Other times, the patient will ask for one. This second opinion could lead to quicker access to lifesaving treatment or stopping unnecessary treatments. The [study's research] team compared the referring diagnosis to the final diagnosis to determine the level of consistency between the two. In 21 percent of the cases, the diagnosis was completely changed; and 66 percent of patients received a refined or redefined diagnosis. “Effective ... treatment depends on the right diagnosis,” says Dr. Naessens. “Knowing that more than 1 out of every 5 referral patients may be completely [and] incorrectly diagnosed is troubling ─ not only because of the safety risks for these patients ... but also because of the patients we assume are not being referred at all.” Insurers often limit access to care outside their network, effectively limiting referrals. Further, primary care providers may be more confident in their diagnostic expertise than warranted.

Note: Medical error kills an estimated 251,454 people in the US every year, making it the third leading cause of death in the US. And prescription drugs were reported to have caused 123,000 deaths and 800,000 adverse patient outcomes such as disability in the US in 2014 alone. For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.


Rich Americans live up to 15 years longer than poor peers, studies find
2017-04-06, The Guardian (One of the UK's leading newspapers)
Posted: 2017-04-16 20:13:15
https://www.theguardian.com/us-news/2017/apr/06/us-healthcare-wealth-income-i...

Increasing inequality means wealthy Americans can now expect to live up to 15 years longer than their poor counterparts, reports in the British medical journal the Lancet have found. Researchers said these disparities appear to be worsened by the American health system itself, which relies on for-profit insurance companies, and is the most expensive in the world. Their conclusion? Treat healthcare as a human right. The Lancet studies looked at how the American health system affects inequality and structural racism, and how mass incarceration and the Affordable Care Act (ACA), also known as Obamacare, have changed public health. Among the studies’ key findings: the richest 1% live up to 15 years longer than the poorest 1%; the same gap in life expectancy widened in recent decades, making poverty a powerful indicator for death; more than one-third of low-income Americans avoid medical care because of costs; the poorest fifth of Americans pay twice as much for healthcare as a share of income; and life expectancy would have grown 51.1% more from 1983 to 2005 had mass incarceration not accelerated in the mid-1980s. The poorest Americans have suffered in particular, with life expectancies falling in some groups even while medicine has advanced. All of these health outcomes arrive in the context of widening general inequality. The share of total income going to the top 1% of earners has more than doubled since 1970.

Note: For more along these lines, see concise summaries of deeply revealing news articles on income inequality and health.


Portland Adopts Surcharge on C.E.O. Pay in Move vs. Income Inequality
2016-12-07, New York Times
Posted: 2017-04-16 20:10:14
https://www.nytimes.com/2016/12/07/business/economy/portland-oregon-tax-execu...

Moving to address income inequality on a local level, the City Council in Portland, Ore., voted on Wednesday to impose a surtax on companies whose chief executives earn more than 100 times the median pay of their rank-and-file workers. The surcharge, which Portland officials said is the first in the nation linked to chief executives’ pay, would be added to the city’s business tax for those companies that exceed the pay threshold. Under the new rule, companies must pay an additional 10 percent in taxes if their chief executives receive compensation greater than 100 times the median pay of all their employees. Companies with pay ratios greater than 250 times the median will face a 25 percent surcharge. The tax will take effect next year, after the Securities and Exchange Commission begins to require public companies to calculate and disclose how their chief executives’ compensation compares with their workers’ median pay. The S.E.C. rule was required under the Dodd-Frank legislation enacted in 2010. Criticism of how much chief executives are paid has risen in recent years as their compensation has grown substantially. A 2014 study ... found that chief executive pay compared with the earnings of average workers had surged from a multiple of 20 in 1965 to almost 300 in 2013. “Income inequality is real, it is a national problem and the federal government isn’t doing anything about it,” [said Portland Mayor Charlie] Hales. “But local action replicated around the country can start to make a difference.”

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


Sexual Abuse at Choate Went On for Decades, School Acknowledges
2017-04-13, New York Times
Posted: 2017-04-16 20:03:54
https://www.nytimes.com/2017/04/13/nyregion/sexual-abuse-choate-connecticut-s...

Choate Rosemary Hall, the elite Connecticut boarding school, said on Thursday that at least 12 former teachers had sexually molested - and, in at least one case, raped - students in a pattern of abuse dating to the 1960s. A report prepared by an investigator for the board of trustees [said that] the parents of a Choate student complained to the school in the early 1980s after their daughter contracted herpes from an English teacher. And in another case, the report describes a student’s rape on a school trip to Costa Rica. None of the teachers’ actions were reported to the police. Choate ... is the latest in a string of prestigious private academies that have faced accusations of sexual abuse by faculty members, including St. George’s School, in Rhode Island, and Horace Mann and Poly Prep in New York City. In a letter to members of the school community that accompanied the report, Michael J. Carr, the chairman of the board of trustees, and Alex D. Curtis, the headmaster, apologized and thanked the victims who came forward. The report names 12 former faculty members who it says abused students, both male and female. In some cases, faculty members had sexual relationships with students for months. For years, the school kept allegations of sexual misconduct from getting out, according to the report. “Sexual misconduct matters were handled internally and quietly,” it said. “Faculty was ... was cautioned to say nothing about the situation if asked.”

Note: Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.


Who's Iris Pear? Nuclear physics conference accepts nonsensical 'autocomplete' study
2016-10-23, Christian Science Monitor
Posted: 2017-04-16 19:58:45
http://www.csmonitor.com/Science/2016/1023/Who-s-Iris-Pear-Nuclear-physics-co...

Next month, Dr. Iris Pear will present her groundbreaking new study at the International Conference on Atomic and Nuclear Physics. Or at least she would, if she were a real person. Iris Pear ... is the invention of Christophe Bartneck, an associate professor ... at New Zealand's University of Canterbury. The study in question is completely nonsensical, procedurally generated by iOS’s autocomplete function. Why, then, did a conference for “leading academic scientists” select it for presentation? Dr. Bartneck received an invitation to submit research for an upcoming conference on nuclear physics. With virtually no background in the subject, he decided to use autocomplete to help write his facetious submission. “I started a sentence with ‘atomic’ or ‘nuclear’ and then randomly hit the autocomplete suggestions,” Bartneck wrote. “The text really does not make any sense.” Bartneck’s abstract is both off-topic and unreadable. And yet, Bartneck received a follow-up email just three hours later – his abstract had been accepted. From there, he could pay $1,099 to register as an academic speaker at the Atlanta, Ga. convention. Many journals are slacking on peer review. In a kind of meta-study, Harvard biologist and science journalist John Bohannon submitted false studies to 304 open-access journals. More than half accepted his paper, which featured fake names and several basic chemistry errors. But the acceptance of Bartneck’s fake study may be less surprising. The conference smacks of a scam.

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


The government’s struggle to hold opioid manufacturers accountable
2017-04-02, Washington Post
Posted: 2017-04-09 23:31:20
https://www.washingtonpost.com/graphics/investigations/dea-mallinckrodt/?utm_...

To combat an escalating opioid epidemic, the Drug Enforcement Administration trained its sights in 2011 on Mallinckrodt Pharmaceuticals, one of the nation’s largest manufacturers of the highly addictive generic painkiller oxycodone. It was the first time the DEA had targeted a manufacturer of opioids for alleged violations of laws designed to prevent diversion of legal narcotics to the black market. Ultimately, the DEA and federal prosecutors would contend that the company ignored its responsibility to report suspicious orders as 500 million of its pills ended up in Florida between 2008 and 2012. Investigators alleged in internal documents that the company’s lack of due diligence could have resulted in nearly 44,000 federal violations and exposed it to $2.3 billion in fines. But six years later ... the government has taken no legal action against Mallinckrodt. Instead, the company has reached a tentative settlement. Under the proposal, which remains confidential, Mallinckrodt would agree to pay a $35 million fine and admit no wrongdoing. “Mallinckrodt’s response was that ­‘everyone knew what was going on in Florida but they had no duty to report it,’” according to an internal summary of the case prepared by federal prosecutors. The Post reported in October that the DEA’s civil and administrative enforcement efforts against the mammoth wholesale distributors that deliver painkillers to pharmacies stalled in the face of a stepped-up lobbying campaign by the drug industry.

Note: The city of Everett, Washington is currently suing Purdue Pharma, maker of the opioid pain medication OxyContin, for the company's alleged role in the diversion of its pills to black market buyers. For other reliable information on pharmaceutical involvement in the huge increase in opioid deaths, see Dr. Mercola's excellent article. For more along these lines, see concise summaries of deeply revealing pharmaceutical corruption news articles from reliable major media sources.


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