News ArticlesExcerpts of Key News Articles in Major Media
Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.
Giant Wall Street banks continue to threaten the well-being of millions of Americans. Back in 2000, before they almost ruined the economy and had to be bailed out, the five biggest banks on Wall Street held about 25 percent of the nation's banking assets. Now they hold more than 45 percent. In 2012, JPMorgan Chase, the largest bank on Wall Street, lost $6.2 billion betting on credit default swaps - and then publicly lied about the losses. It later came out that the bank paid illegal bribes to get the business in the first place. In May, the Justice Department announced a settlement of the biggest criminal price-fixing conspiracy in modern history, in which the biggest banks manipulated the $5.3 trillion-a-day currency market in a "brazen display of collusion," according to Attorney General Loretta Lynch. Wall Street's investment bankers, key traders, top executives, and hedge-fund and private-equity managers wield extraordinary power. They're major sources of campaign contributions to both parties. In addition, a lucrative revolving door connects the Street to Washington. Key members of Congress, especially those involved with enacting financial laws or overseeing financial regulators, have fat paychecks waiting for them on Wall Street when they retire. Which helps explain why no Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash. Or for the criminal price-fixing scheme settled in May. Or for other excesses since then.
Note: Does it at all seem strange that after the bailout in 2008, the percentage of US banking assets held by the big banks has almost doubled? Could this possibly have been planned? For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.
American Indians are more likely than any other racial group to be killed by the police, according to the Center on Juvenile and Criminal Justice, which studied police killings from 1999 to 2011. But apart from media outlets like Indian Country Today, almost no attention is paid to this pattern of violence against already devastated peoples. When it comes to American Indians, mainstream America suffers from willful blindness. Economic and health statistics, as well as police-violence statistics, shed light on the pressures on American Indian communities and individuals: Indian youths have the highest suicide rate of any United States ethnic group. Adolescent women have suicide rates four times the rate of white women in the same age group. Indians suffer from an infant mortality rate 60 percent higher than that of Caucasians. At the root of much of this is economic inequality: Indians are the poorest people in the United States. Today’s avoidable tragedies of oppressed Indian lives and troubled deaths remain far too often in the shadows. At this moment, when black Americans are speaking up against systemic police violence, and their message is finally being carried by virtually every major news source, it’s time we also pay attention to a less visible but similarly targeted minority: the people who lived here for many thousands of years before this country was founded, and who also have an unalienable right to respect and justice.
Note: For more along these lines, see concise summaries of deeply revealing news articles on civil liberties and income inequality from reliable major media sources.
They are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago. The 158 families each contributed $250,000 or more in the campaign through June 30. An additional 200 families gave more than $100,000. Together, the two groups contributed well over half the money in the presidential election - the vast majority of it supporting Republicans. “The campaign finance system is now a countervailing force to the way the actual voters of the country are evolving and the policies they want,” said Ruy Teixeira, a political and demographic expert. The donor families’ wealth reflects, in part, the vast growth of the financial-services sector and the boom in oil and gas. They are also the beneficiaries of political and economic forces that are driving widening inequality. Together, the [energy and finance] industries accounted for well over half of the cash contributed by the top 158 families.
Note: What does it mean for democracy when billionaire oligarchs have their own political party? For more along these lines, see concise summaries of deeply revealing elections news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Elections Information Center.
After decades on the fringes, impact investing is going mainstream. Though the phrase isn’t yet commonplace, the concept is familiar enough to have spawned several monikers: values-based investing, green investing, mission-driven investing, sustainable investing, socially responsible investing, principled investing. Some 3,000 investors and entrepreneurs convened at Fort Mason this week to discuss the idea at SOCAP, the leading conference for people who want to support social innovation with their money. “Social-impact investors want to make sure they are doing good in the world but as a genuine investment, not philanthropy,” said Eryc Branham, CEO of MissionHub, which produces the conference. The rapidly growing field measures returns not just in dollars and cents but in social and environmental change. On the financial side, some investors accept lower returns as a trade-off for doing good. But they don’t necessarily have to. A new report from the Wharton School at the University of Pennsylvania found that pursuing a social agenda doesn’t come at a financial price. After studying 53 funds with 557 investments, Wharton found that their rate of return from 2000 to 2014 was in line with benchmarks like the Standard & Poor’s 500 index. While impact investing amounts are still small compared with the multitrillion-dollar financial market, the potential for making a difference is immense.
Note: Learn how the microcredit movement is providing investors with financial returns while empowering small business owners and lifting people out of poverty.
Sir Edward Heath would have been questioned over sex abuse claims if he was alive when they came to light, police have said. Wiltshire Police launched Operation Conifer in 2015 when the former PM was accused of historical child sex abuse. The Conservative politician would have been interviewed under caution over seven claims, including the alleged rape of an 11-year-old, they said. The allegations include one of rape of a male under 16, three of indecent assault on a male under 16, four of indecent assault on a male under 14, and two of indecent assault on a male over 16. The earliest, dating from 1961 when Sir Edward was Lord Privy Seal, alleged he had raped and indecently assaulted an 11-year-old boy in London "during a paid sexual encounter in private in a dwelling." Another two of the seven claims relate to "paid sexual encounters." Sir Edward ... died in 2005. Operation Conifer - which spanned 14 UK police forces - said a total of 42 claims related to 40 different individuals, with alleged offences from 1956 to 1992 - while Sir Edward was an elected MP. Child abuse in the past is extremely difficult to investigate. When those accused are famous or powerful ... it becomes even harder. Operation Conifer has gathered a vast amount of evidence - pursuing a total of 1,580 lines of inquiry and it has made public the most serious allegations against the former prime minister, but it can't tell us whether they are true. More than anything else, this report prompts more questions than it answers.
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, see concise summaries of sexual abuse scandal news articles.
Sweden is moving to a six-hour working day in a bid to increase productivity and make people happier. Employers across the country have already made the change, according to the Science Alert website, which said the aim was to get more done in a shorter amount of time and ensure people had the energy to enjoy their private lives. Toyota centres in Gothenburg, Sweden’s second largest city, made the switch 13 years ago, with the company reporting happier staff, a lower turnover rate, and an increase in profits in that time. Filimundus, an app developer based in the capital Stockholm, introduced the six-hour day last year. “The eight-hour work day is not as effective as one would think," Linus Feldt, the company’s CEO told Fast Company. Mr Feldt has said staff members are not allowed on social media, meetings are kept to a minimum, and that other distractions during the day are eliminated - but the aim is that staff will be more motivated to work more intensely while in the office. He said the new work day would ensure people have enough energy to pursue their private lives when they leave work – something which can be difficult with eight-hour days.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Plastic, long considered nonbiodegradable and one of the biggest contributors to global pollution, might have met its match: The small, brownish, squirmy mealworm. Researchers have learned that the mealworm can live on a diet of Styrofoam and other types of plastic. Inside the mealworm's gut are microorganisms that are able to biodegrade polyethylene, a common form of plastic, according to new studies published in Environmental Science and Technology. The findings could help solve the plastic pollution problem affecting the world. The research documented 100 mealworms that consumed 34 to 39 milligrams of Styrofoam, which is about the weight of a pill, every day. Scientists also paid attention to the mealworms' overall health and saw larvae that ate a diet subsisting strictly of Styrofoam were as healthy as mealworms eating a normal diet of bran, [and] transformed the plastic they ate into carbon dioxide, worm biomass and biodegradable waste. This waste seemed safe to use in soil for plants and even crops, the studies said. Being able to find insects that can safely degrade plastic is critical to potential pollution management because other insects such as cockroaches can also consume plastic, but they have not shown biodegradation.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Saudi Arabia is having a bad year on the human rights front. In the past few months, the U.S. ally has drawn widespread condemnation for sentencing a blogger to 1,000 lashes with a cane for writing about free speech (only 50 lashes have been delivered so far), and for its plans to execute a young political dissident by beheading him and publicly crucifying his body afterward. The same week ... a watchdog group drew attention to the fact that Saudi Arabia had been selected to oversee an influential U.N. panel on human rights. That panel "selects top officials who shape international human rights standards and report on violations worldwide," said UN Watch, the watchdog group based in Geneva. Saudi Arabia had earlier this year sought the leadership slot of the entire Human Rights Council of the U.N.. The kingdom routinely comes in at the bottom of Freedom House's rankings of world freedom. UN Watch executive director Hillel Neuer said in a statement, "This UN appointment is like making a pyromaniac into the town fire chief, and underscores the credibility deficit of a human rights council that already counts Russia, Cuba, China, Qatar and Venezuela among its elected members." Some observers have questioned why Saudi Arabia has a seat at the 47-member Human Rights Council at all.
Note: Watch an incredibly eye-opening video report by Abby Martin showing how the choice of Saudi Arabia as head of the UN rights panel s reveals just how much money trumps ethics. This brutal regime, run by a king and an all-powerful monarchy without any democracy, is one of four countries to still allow public executions, often by beheading. Women must ask permission of their husbands to work and do almost anything in public. Workers from foreign countries are treated like slaves. The list goes on. Yet the UN chose this country to head up a panel on human rights.
The FBI says crime rates, including murder, were down last year. The report is in contrast to headlines this year. In 2014 the U.S. recorded the fewest murders since 2009. Most other violent crimes, such as robbery, burglary, theft and arson have declined, while aggravated assaults and rapes, which now includes a broader definition, were on the rise in 2014. The 2014 numbers do not reflect an increase this year in murders and other violent crimes reported in some cities. Deputy Attorney General Sally Quillian Yates highlighted progress made for cities compared to decades past. "We have witnessed a remarkable drop in crime since the 1980's - both violent crime and crime overall. Entire cities have been transformed, unlocking tremendous potential and releasing a wave of prosperity," Yates said, adding that "even though crime is trending downward in most places, we are seeing pockets of rising violence in various locations across the country." While the FBI has expanded the report to include new statistics such as hate crimes and human trafficking arrests, it addressed concerns of transparency in the reporting of potential violent crimes committed by law enforcement officers on civilians.
Note: This article, like almost all media articles on the topic, fails to report the incredible news that violent crime rates have dropped to 1/3 of what they were just 20 years ago. Why are they not highlighting this incredibly inspiring news? For details on this awesome development, see this excellent webpage. See also an excellent graph on this.
Until this week most of us had never heard of Daraprim, a drug that fights toxoplasmosis. But after the decision of the drug’s new owner, Turing Pharmaceuticals, to boost its cost per pill from $13.50 to a whopping $750, we’re all unlikely to forget its name or the name of Turing’s owner, 32-year-old Martin Shkreli. The outrage over the astronomical hike in a life-saving drug has opened the doors to a ... debate about the soaring costs of prescription medications in the United States. Daraprim ... has been around since the 1940s. Logic suggests that drugs that have been around for a while should decline in price. It turns out that isn’t the case. The profit-minded individual or company snaps up the patents, suddenly hikes the drug’s price and puts consumers – from insurance companies to individuals – in a position of either paying what is demanded or going without. Late this summer, Rodelis Therapeutics boosted the cost of 30 tablets of cycloserine, a tuberculosis drug, from $500 to $10,800. Early in the year, Valeant Pharmaceuticals International Inc boosted the prices of two heart drugs, Nitropress and Isuprel, by 525% and 212% on the same day that they acquired them. “Our duty is to shareholders and to maximize the value” of Valeant’s products, a company spokeswoman told the Wall Street Journal at the time.
Note: For more along these lines, see concise summaries of deeply revealing news articles about big pharma profiteering from reliable major media sources.
The Chicago Police Department has routinely spied on activist groups during the past six years, police records obtained by the Chicago Sun-Times show — including union members, anti-Olympics protesters, anarchists, the Occupy movement, NATO demonstrators and critics of the Chinese government. And it has continued to do so, according to the records ... which the police department fought to withhold. Under the department’s rules, cops aren’t allowed to purposely interfere with people exercising their free-speech rights. In recent years, though, department officials have repeatedly justified spying on protesters by saying they fear they might engage in “disorder” and “civil disobedience.” One investigation involving the surveillance of protest groups is still underway, 10 months after it was launched, the records show. The police won’t say who is being investigated or discuss the methods being used. “There’s something deeply disturbing about monitoring and documenting the exercise of First Amendment rights,” says Molly Armour, an attorney who has represented protesters investigated by the police. In July, the Illinois attorney general’s office issued an opinion saying “worksheets” — outlining the scope of these investigations — are public records under the state’s Freedom of Information Act. The office ordered the police department to “promptly produce unredacted copies of the worksheets.” It took nearly two months for the department to comply with the ruling.
Note: Undercover police in New York City have reportedly been spying on Black Lives Matter activists. Does the mention of an unnamed investigation that is "still underway" suggest that Chicago police are doing the same? For more along these lines, see concise summaries of deeply revealing civil liberties news articles from reliable major media sources.
This year, US Special Operations forces have already deployed to 135 nations, according to Ken McGraw, a spokesman for Special Operations Command (SOCOM). That’s roughly 70 percent of the countries on the planet. Every day, in fact, America’s most elite troops are carrying out missions in 80 to 90 nations, practicing night raids or sometimes conducting them for real, engaging in sniper training or sometimes actually gunning down enemies from afar. As part of a global engagement strategy of endless hush-hush operations conducted on every continent but Antarctica, they have now eclipsed the number and range of special ops missions undertaken at the height of the conflicts in Iraq and Afghanistan. In the waning days of the Bush administration, Special Operations forces (SOF) were reportedly deployed in only about 60 nations around the world. By 2010, according to the Washington Post, that number had swelled to 75. [It reached] a new record of 135 this summer. This 80 percent increase over the last five years is indicative of SOCOM’s exponential expansion which first shifted into high gear following the 9/11 attacks. SOCOM will not name the 135 countries in which America’s most elite forces were deployed this year, let alone disclose the nature of those operations. These forces carry out operations almost entirely unknown to the American taxpayers who fund them, operations conducted far from the scrutiny of the media or meaningful outside oversight of any kind.
Note: For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.
Inexpensive statin drugs are given to millions of people to reduce cholesterol, even many who don't show signs of heart disease. A recent study has found that seniors with no history of heart trouble are now nearly four times more likely to get those drugs than they were in 1999. Here's the catch: For patients of that age, there is little research showing statins' preventive heart benefits outweigh possible risks, which can include muscle pain and the onset of diabetes. There have only been a handful of studies that included the over-79 population. The rate of statin use among octogenarians and beyond who don't have a history of heart attack, stroke, coronary heart disease or vascular heart disease quadrupled between 1999 and 2012. Concerns about statins' effects in those older than 79 are being raised as some cardiologists question whether statins are overprescribed even among some younger people. Dr. Steven Nissen, department chair of cardiovascular medicine at the Cleveland Clinic, suggests Congress legislate incentives for drugmakers to study a wider array of drugs and their effects on the very elderly. Most drugs aren't supported by hard clinical evidence to back up treatment in the elderly, he said. Ohio State's Dr. Michael Johansen, a co-author of the recent statins study, suggests doctors be more cautious. Muscle pains that some seniors on statins complain of might be so severe as to ... lead to life-threatening injuries, he suggested. "We just don't know," he said.
Note: In 2010, ABC News reported on drug company involvement in statin research after a critical review found major flaws in the science behind this research. Does anyone but big pharma profit from over-prescribing drugs?
The ability of Pennsylvania’s embattled attorney general to carry out her job was thrown into question Monday as the State Supreme Court issued a temporary suspension of her law license. Kathleen G. Kane ... was elected in 2012, after a campaign in which she accused her predecessor of moving too slowly to indict and arrest Jerry Sandusky, the Pennsylvania State University assistant football coach who was convicted that year on dozens of counts of child abuse. But she quickly became mired in vicious disputes with some former top prosecutors. As she re-examined the handling of the Sandusky case, her investigators also discovered that numerous officials in the attorney general’s office and other state agencies had shared pornographic and racially offensive emails; a Supreme Court justice was forced to resign as a result. But in August, the Montgomery County district attorney charged Ms. Kane with illegally leaking information to the news media about grand jury proceedings. That case had involved former state prosecutors with whom she was feuding. In refusing to leave office, Ms. Kane has said she is the victim of a vendetta by an “old boys’ network” of political and legal rivals. The State Supreme Court ... said that its order “should not be construed” as removing Ms. Kane “from elected office.”
Note: This is clearly a case where the old boys network involved with child sex abuse rings is coming down as hard as possible to get rid of the courageous attorney general who is exposing their dirty deeds. For more on this, see http://truthaboutkathleenkane.com. To understand how pedophile rings have infiltrated the highest levels of government, don't miss the powerful Discovery Channel documentary on this available at this link.
The United States has slipped so far with respect to transparency that some open-government groups now rank it behind Yemen, Kyrgyzstan and Liberia. Today, the Freedom of Information Act – our country’s signature right-to-information law – is alarmingly dysfunctional. It is impeding the ability of the press to do its job. Sharyl Attkisson, a journalist with five Emmy Awards ... asked the Centers for Disease Control and Prevention last October for records related to a virus that had possibly killed 14 children and paralyzed another 115. The CDC still hasn’t turned over a single document in response. This isn’t the first such experience for Attkisson. She recently told a congressional committee that it took the Department of Defense 10 years to respond to a request she made in 2003. It is a sad turn of events that FOIA has become so unhelpful to journalists. Like many other citizens who make requests under FOIA – which allows any person to request federal agency records for any reason – journalists face backlogs, excuses for withholding, and delays. “Non-responsiveness is the norm,” Karen Kaiser, general counsel of The Associated Press, told a Senate panel in May. Agencies could do a far better job of enforcing FOIA as it is written. Notably, agencies need to faithfully adhere to a provision of FOIA that allows journalists’ requests to go to the front of the queue when there is an “urgency to inform the public.” As it stands, agencies reject these so-called “expedited processing” requests the vast majority of the time.
Note: Along with having her FOIA requests stalled, Sharyl Attkisson has sometimes been spied on and computer-hacked by U.S intelligence agencies for her investigative journalism. The number of FOIA requests denied by government agencies has been rapidly increasing in recent years.
Seven members of a paedophile gang involved in the rape and abuse of babies and young children have been jailed for a total of 78 years ... following an investigation led by the National Crime Agency (NCA). They were convicted of 29 child sex abuse offences, including conspiracy to rape and the multiple rape of a child aged under 13. The gang hid behind a veil of respectability, with careers and families, to habitually target children under the age of five. Police said an “incredible” amount of planning went into gaining access to victims. Ian Glover, senior investigating officer, said: “We’ve encountered grooming where the family have been groomed prior to birth of the baby. They go in that early with the sole intention of abusing that baby once it’s born.” Extensive planning went into enabling the abuse to be screened over the internet to co-conspirators and other paedophiles around the world. Images of abuse relating to the case are believed to have been seen on every continent and police have circulated evidence about other suspected paedophiles to authorities in Europe, South America and Australia. There was no business element to the activities, with no evidence of any payment being received. The NCA said 26 people had been arrested so far in connection with the ongoing investigation. Of those, six were in positions of trust – three teachers, two charity or fundraiser workers and one who was employed by a local authority. More arrests and charges are expected in the UK and abroad.
Note: A major Australian sting operation recently uncovered a similar criminal network. And a college professor exposed a widespread ring of child abuse cults before being silenced for his revelations. For more along these lines, see concise summaries of deeply revealing news articles on sex abuse scandals from reliable major media sources.
New research on the use of psychedelic drugs as treatment for a range of mental disorders appears to be throwing open doors of perception long closed within the medical community, says a new analysis in the Canadian Medical Assn. Journal. For several decades, the North American medical establishment has classified psychedelic drugs – including LSD, psilocybin and [MDMA, better known as ecstasy] – as drugs of abuse with little to no medical purpose or means of safe use. That, four researchers argue, is changing. In Switzerland, Canada, Brazil, Peru, Mexico and the United States, researchers with no evident countercultural tendencies are conducting research that is finding psychedelic drugs a valuable adjunct to psychotherapy in treating addiction, post-traumatic stress and the depression or anxiety that often comes with terminal illness. Clinical investigators are demonstrating that such research "can conform to the rigorous scientific, ethical and safety standards expected of contemporary medical research," the authors write in the new analysis, titled "Psychedelic medicine: a re-emerging therapeutic paradigm." And the body of research they are generating is demonstrating that such drugs as MDMA, LSD and psilocybin can be effective in treating well-chosen patients. Two other factors - cost and time - also appear to be opening minds about the potential therapeutic uses of psychedelic drugs.
Note: For more about the therapeutic uses of psychedelic drugs, see these concise summaries of deeply revealing news articles from reliable sources.
A French secret service diver who took part in the operation to sink Greenpeace ship the Rainbow Warrior 30 years ago has spoken publicly for the first time to apologise for his actions. Jean-Luc Kister ... was one of two divers serving with the French intelligence service, the Direction générale de la sécurité extérieure (DGSE), who attached limpet mines to the hull of the vessel moored in Auckland in 1985. The Rainbow Warrior was heading for the Mururoa Atoll in the South Pacific in French Polynesia where France was planning a series of nuclear tests. French agents posing as Swiss tourists had earlier visited the ship ... to gather information for the operation. The first mine ... blew a large hole in the ship. Paris initially denied any involvement in the sinking, [which killed photographer Fernando Pereira], and described it as a “terrorist attack”. Documents released in 2005 and published in the Guardian, showed that France [also] tried to blame British intelligence for the sinking. The French government’s responsibility, however, was quickly established. In 1987, under international pressure, France paid $8.2m damages to Greenpeace. It also paid an undisclosed sum to the Pereira family. Kister claims politicians in Paris turned down other suggestions for dealing with the Greenpeace protest. He said it was “an unfair clandestine operation conducted in an allied, friendly and peaceful country” ... and accused French politicians of “high treason” for having leaked his name and role in the operation after the sinking.
Note: By posing as Swiss tourists to spy on the Greenpeace ship, attacking this ship, and then blaming the attack on "terrorists", the French carried out a "false flag" attack. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the intelligence community.
Corporations have poured money into universities to fund research for decades, but now, the debate over bioengineered foods has escalated into a billion-dollar food industry war. Companies like Monsanto are squaring off against major organic firms like Stonyfield Farm. Both sides have aggressively recruited academic researchers. The biotech industry has published dozens of articles, under the names of prominent academics, that in some cases were drafted by industry consultants. Monsanto and its industry partners have also passed out an undisclosed amount in special grants to scientists ... to help with “biotechnology outreach” and to travel around the country to defend genetically modified foods. The moves by Monsanto, in an alliance with the Biotechnology Industry Organization and the Grocery Manufacturers Association, are detailed in thousands of pages of emails that were at first requested by the nonprofit group U.S. Right to Know, which receives funding from the organic foods industry. The emails show how academics have shifted from researchers to actors in lobbying and corporate public relations campaigns. An inner circle of [biotech] industry consultants, lobbyists and executives ... devised strategy on how to block state efforts to mandate G.M.O. labeling. The opponents of genetically modified foods have used their own creative tactics, although their spending on lobbying and public relations amounts to a tiny fraction of that of biosciences companies.
Note: Read an article which takes it even deeper and shows what the NYT left out. For more along these lines, see concise summaries of deeply revealing news articles about the corruption of science and the controversy surrounding GMOs.
The world’s largest defense contractor has agreed to pay $4.7 million to settle charges that it illegally used government money. Top executives for Lockheed Martin — who were being paid by the federal government to run Sandia National Laboratories — ran a fierce campaign to lobby [government] officials for a seven-year extension of their contract, [and] urged them to close the bidding to competition. To clinch the contract extension, Sandia labs officials hired high-priced consultants — including Heather A. Wilson, the former New Mexico congresswoman, who allegedly was paid $226,000. Wilson was not just on Lockheed’s payroll. From 2009 through 2011, she had consulting jobs for Lockheed and three other contractors managing the Energy Department’s national lab, charging taxpayers a total of $450,000. But the contractors could not document her work, said [Energy Department Inspector General Gregory] Friedman, whose staff found that the justification for the billing did “not meet even minimum standards” for federal payments.” Wilson ... left Congress in 2009. Jay Coghlan of Nuclear Watch New Mexico, called the deal a “slap on the wrist for the world’s biggest defense contractor to pay,” [and] wrote on the NuclearWatch blog Lockheed “engaged in deep and systemic corruption, including paying Congresswoman Heather Wilson $10,000 a month starting the day after she left office for so-called consulting services that had no written work requirements.”
Note: Lockheed Martin runs a breathtakingly big part of the United States. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.
Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.