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Excerpts of Key News Articles in Major Media

Below are key excerpts of little-known, yet highly revealing news articles from the media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles are listed by order of importance. You can also explore these articles listed by order of the date of the news article or by the date posted. By choosing to educate ourselves, we can build a brighter future.

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.

One of [the big drug companies'] bright spots has been emerging markets where in recent years percentage growth in sales has caught up to and in many instances galloped ahead of other regions. But with pharmaceutical companies continuing to pay record civil and criminal fines in the U.S. for illegal marketing practices, recent scrutiny of similar practices abroad raises questions as to whether pharma has simply exported its fraudulent marketing playbook to Europe, Asia, the Middle East and elsewhere. Those sales and marketing tactics are bad news for patients around the world, as financial inducements and bribes should not be permitted to corrupt medical treatment decisions. The good news is that the Securities and Exchange Commission (SEC) whistleblower program will undoubtedly accelerate exposure of corrupt practices overseas and bring greater transparency into pharma’s business practices generally. Pharma companies already are being investigated for U.S. Foreign Corrupt Practices Act (FCPA) violations. The FCPA makes it illegal to bribe foreign officials to win business. Pfizer, the world’s largest drugmaker, paid $60.2 million last month to the U.S. to settle charges that the company bribed government officials – including hospital administrators, government doctors and members of regulatory and purchasing committees — in China, Russia, Italy, Bulgaria, Croatia, Serbia and Kazakhstan to approve and prescribe Pfizer products. Other pharma companies are under scrutiny by the U.S. for their practices elsewhere.

Note: For deeply revealing reports from reliable major media sources on pharmaceutical industry corruption, click here.

Attorneys for jailed former Swiss banker Bradley Birkenfeld announced [on September 11] that the IRS will pay him $104 million as a whistleblower reward for information he turned over to the US government. The information Birkenfeld revealed detailed the inner workings of the secretive private wealth management division of the Swiss bank UBS, where the American-born Birkenfeld helped his US clients evade taxes by hiding wealth overseas. Tuesday's announcement represents an astonishing turn of fortune for Birkenfeld, who was released from federal prison in August after serving 31 months on charges relating to his efforts to help a wealthy client avoid taxes. Birkenfeld attorney Stephen Kohn said the information the former Swiss banker turned over to the IRS led directly to the $780 million fine paid to the US by his former employer, UBS, as well as leading over 35,000 taxpayers to participate in amnesty programs to voluntarily repatriate their illegal offshore accounts. That resulted in the collection of over $5 billion dollars in back taxes, fines and penalties that otherwise would have remained outside the reach of the government. Birkenfeld's disclosures also led to the first cracks in the legendarily secretive Swiss banking system, and ultimately the Swiss government changed its tax treaty with the United States. UBS turned over the names of more than than 4,900 U.S. taxpayers who held illegal offshore accounts. Investigations into those accounts are ongoing.

Note: For deeply revealing reports from reliable major media sources on the collusion between financial corporations and government regulators, click here.

Mounting evidence shows ‘cannabinoids’ in marijuana slow cancer growth, inhibit formation of new blood cells that feed a tumor, and help manage pain, fatigue, nausea, and other side effects. Peer-reviewed studies in several countries ... show that THC and other marijuana-derived compounds, known as “cannabinoids,” are effective not only for cancer-symptom management (nausea, pain, loss of appetite, fatigue), they also confer a direct antitumoral effect. A team of Spanish scientists led by Manuel Guzman conducted the first clinical trial assessing the antitumoral action of THC on human beings. THC treatment was associated with significantly reduced tumor cell proliferation in every test subject. Harvard University scientists reported that THC slows tumor growth in common lung cancer and “significantly reduces the ability of the cancer to spread.” What’s more ... THC selectively targets and destroys tumor cells while leaving healthy cells unscathed. Conventional chemotherapy drugs, by contrast, are highly toxic; they indiscriminately damage the brain and body. There is mounting evidence ... that cannabinoids “represent a new class of anticancer drugs that retard cancer growth, inhibit angiogenesis [the formation of new blood cells that feed a tumor] and the metastatic spreading of cancer cells.” Within the medical science community, the discovery that cannabinoids have anti-tumoral properties is increasingly recognized as a seminal advancement in cancer therapeutics.

Note: Yet treatment with cannabinoids continues to be largely illegal in the US. For an informative 15-minute documentary on the health benefits of juicing raw cannabis, click here. For deeply revealing reports from reliable major media sources on promising cancer-cure research, click here.

Gone are the days of the all-American army hero. These days, the US military is more like a sanctuary for racists, gang members and the chronically unfit. In the relatively halcyon days of the first Gulf war in 1990, the US military blocked the enlistment of felons. It spurned men and women with low IQs or those without a high school diploma. It would either block the enlistment of or kick out neo-Nazis and gang members. It would treat or discharge alcoholics, drug abusers and the mentally ill. No more. Many of the wars' worst atrocities are linked directly to the loosening of enlistment regulations on criminals, racist extremists, and gang members, among others. By 2005, the US had 150,000 troops deployed in Iraq and 19,500 in Afghanistan. But the military wasn't prepared in any way for this kind of extended deployment. The slim forces needed fattening up and what followed constituted a complete re-evaluation of who was qualified to serve. Information obtained through the Freedom of Information Act ... found the number of convicted criminals enlisting in the US military had nearly doubled in two years, from 824 in 2004 to 1,605 in 2006. A total of 4,230 convicted felons were enlisted, including those guilty of rape and murder. On top of this, 43,977 soldiers signed up who had been found guilty of a serious misdemeanour, which includes assault. Another 58,561 had drug-related convictions, but all were handed a gun and sent off to the Middle East. [And] since its inception, the leaders of the white supremacist movement have encouraged their members to enlist. They see it as a way for their followers to receive combat and weapons training, courtesy of the US government.

Note: Extracted from Irregular Army: How The US Military Recruited Neo-Nazis, Gang Members, And Criminals To Fight The War On Terror, by Matt Kennard. For deeply revealing reports from reliable major media sources on military corruption, click here.

A Navy SEAL's firsthand account of the raid that killed Osama bin Laden pulls back the veil on the secret operations conducted almost nightly by elite American forces against terrorist suspects. Former SEAL Matt Bissonnette's account contradicted in key details the account of the raid presented by administration officials in the days after the May 2011 raid in Abbotabad, Pakistan. Bissonnette wrote that the SEALs spotted bin Laden at the top of a darkened hallway and shot him in the head even though they could not tell whether he was armed. Administration officials have described the SEALs shooting bin Laden only after he ducked back into a bedroom because they assumed he might be reaching for a weapon. Bissonnette wrote the book, No Easy Day, under the pseudonym Mark Owen, as one of the men in the room when they killed bin Laden. In [one] scene, a terrified mother clutches her child and a young girl identifies the dead man as Osama bin Laden. The SEAL author says he did "not disclose confidential or sensitive information that would compromise national security in any way."

Note: Isn't it interesting that the SEAL team "spotted bin Laden at the top of a darkened hallway and shot him in the head." If it was a darkened hallway, how did they know it was bin Laden? The articles states "a young girl identifies the dead man as Osama bin Laden." Is that really how they ID'd this guy? And why did they then dump his body into the ocean, so that there could never be definitive proof that the body was indeed bin Laden? So many questions remain. For more evidence bin Laden was not killed by SEALs, click here.

In California ... voters will decide in the November election whether consumers should have the right to know what goes in their food. Proposition 37, if it passes, will require food manufacturers to disclose whether their products contain genetically modified organisms (GMO). It is estimated that 40 to 70 percent of foods currently sold in grocery stores in California contain some genetically altered ingredients. The [FDA] does not require safety studies, and no long-term research on potential health effects has been conducted yet, although there are reports of preliminary studies that have linked GMOs to allergies and other health risks. Proposition 37 does not intend to impose any bans. “It’s simply saying: Let’s give consumers information so we can choose for ourselves whether or not we want to eat genetically engineered foods. Consumers in 50 other countries – including all of Europe, Japan, China and Russia – all have this right,” argued Grant Lundberg, the CEO of Lundberg Family Farms, and Kathryn Phillips, Director of the Sierra Club California. Having started as a grassroots movement, Proposition 37 has a good chance of succeeding. A whopping 65 percent of registered voters in California say they support the measure. But so far, less than 3 million dollars have been raised by the organizers. Opponents, mainly chemical and food-processing companies, including Monsanto, BASF, Bayer, Dow, Nestle, Coca Cola and Pepsico, have raised more than nine times as much. Ignoring facts and keeping information secret is not a sustainable strategy in the long run. California’s Right-to-Know movement could morph into something like that with the potential of spreading across the whole country.

Note: This article neglects to mention scientific studies which have shown that lab animals got very sick and some even died after being fed GM food. For a well researched and footnoted paper on this, click here. For a great collection of past major media articles revealing the serious risks and dangers of genetically modified foods, click here.

California voters this fall will decide a ballot measure that would require labeling of foods containing genetically engineered material. But the Department of Agriculture is already tied in knots over how to deal with the contamination of organic and conventional foods by biotech crops. On [August 27], a USDA advisory panel will consider a draft plan to compensate farmers whose crops have been contaminated by pollen, seeds or other stray genetically engineered material. The meeting is expected to be contentious, pitting the biotechnology and organic industries against each other. The draft report acknowledged the difficulty of preventing such material from accidentally entering the food supply and concerns that the purity of traditional seeds may be threatened. It also cited fears on both sides that official action to address contamination could send a signal to U.S. consumers and export markets in Europe, Japan and elsewhere that the purity and even safety of U.S. crops are suspect. Bioengineered crops dominate U.S. commodities, including 90 percent of U.S. corn. In some states, penetration is all but complete, including 99 percent of the Arkansas cotton crop. Most processed foods contain genetically engineered material. The organic industry said biotech companies should be responsible for containing their own genes and that contamination threatens the right of farmers to choose how to farm.

Note: For deeply revealing reports from reliable major media sources on the dangers of genetically-modified foods, click here. For more on the California ballot measure to require GM labelling called the "right to know," click here.

The man who gave the Black Panther Party some of its first firearms and weapons training – which preceded fatal shootouts with Oakland police in the turbulent 1960s – was an undercover FBI informer, according to a former bureau agent and an FBI report. One of the Bay Area’s most prominent radical activists of the era, Richard Masato Aoki was known as a fierce militant who touted his street-fighting abilities. He was a member of several radical groups before joining and arming the Panthers. But unbeknownst to his fellow activists, Aoki had served as an FBI intelligence informant, covertly filing reports on a wide range of Bay Area political groups, according to the bureau agent who recruited him, [Burney Threadgill Jr.]. Aoki’s work for the FBI ... was uncovered and verified during research for the book, Subversives: The FBI’s War on Student Radicals, and Reagan’s Rise to Power. The FBI ... released records about Aoki in response to a Freedom of Information Act request. A Nov. 16, 1967, intelligence report on the Black Panthers lists Aoki as an “informant” with the code number “T-2.” Aoki gave the Panthers some of their first guns. As [Bobby] Seale recalled in his memoir, Seize the Time, the group approached Aoki, “a Third World brother we knew, a Japanese radical cat. He had guns … .357 Magnums, 22’s, 9mm’s, what have you.” In early 1967, Aoki joined the Black Panther Party and gave them more guns, Seale wrote. Aoki also gave Panther recruits weapons training.

Note: For a Democracy Now! video report on the discovery that Aoki was an FBI infiltrator, informer and provocateur, click here. This is more solid evidence that elements within government have consistently instigated violence within progressive movements in order to discredit them. Sadly, this policy appears to continue up to the present.

Last week, New York Mayor Michael Bloomberg joined NYPD Commissioner Ray Kelly to unveil a major new police surveillance infrastructure, developed by Microsoft. The Domain Awareness System links existing police databases with live video feeds, including cameras using vehicle license plate recognition software. No mention was made of whether the system plans to use – or already uses – facial recognition software. But, at present, there is no law to prevent US government and law enforcement agencies from building facial recognition databases. And we know from industry newsletters that the US military, law enforcement, and the department of homeland security are betting heavily on facial recognition technology. As PC World notes, Facebook itself is a market leader in the technology – but military and security agencies are close behind. According to Homeland Security Newswire, billions of dollars are being invested in the development and manufacture of various biometric technologies capable of detecting and identifying anyone, anywhere in the world – via iris-scanning systems, already in use; foot-scanning technology (really); voice pattern ID software, and so on. What is very obvious is that this technology will not be applied merely to people under arrest, or to people under surveillance in accordance with the fourth amendment. No, the "targets" here [include] everyone. In the name of "national security", the capacity is being built to identify, track and document any citizen constantly and continuously.

Note: For deeply revealing reports from reliable major media sources on civil liberties, click here.

On [August 9] the Department of Justice announced it will not prosecute Goldman Sachs or any of its employees in a financial-fraud probe. Despite the Obama administration’s promises to clean up Wall Street in the wake of America’s worst financial crisis, there has not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions. Why is that? In a word: cronyism. Take Goldman Sachs, for example. In 2008, Goldman Sachs employees were among Barack Obama’s top campaign contributors, giving a combined $1,013,091. [Attorney General] Eric Holder’s former law firm, Covington & Burling, also counts Goldman Sachs as one of its clients. Furthermore, in April 2011, when the Senate Permanent Subcommittee on Investigations issued a scathing report detailing Goldman’s suspicious Abacus deal, several Goldman executives and their families began flooding Obama campaign coffers with donations, some giving the maximum $35,800. The individuals the DOJ’s “Financial Fraud Enforcement Task Force” has placed in its prosecutorial crosshairs seem shockingly small compared with the Wall Street titans the Obama administration promised to bring to justice. To be sure, financial fraud of any kind is wrong and should be prosecuted. But locking up “pygmies” is hardly the kind of financial-fraud crackdown Americans expected in the wake of the largest financial crisis in U.S. history. Increasingly, there appear to be two sets of rules: one for the average citizen, and another for the connected cronies who rule the inside game.

Note: For deeply revealing reports from reliable major media sources on financial corporations' control over government, see our Banking Bailout archive here.

In November, voters will decide whether to make California the first state in the nation to require labels on most genetically modified food products. At least 18 states, including California, have tried to pass similar laws through their legislatures and failed. This time, however, the measure made it to the statewide ballot with 1 million citizen signatures; recent polls show Proposition 37 winning by a significant margin. Food activists across the country are watching the California battle closely, with opponents of genetic modification hoping to make the proposition a model for other states. Supporters of the law, including organic trade groups and environmentalists, say consumers have a right to know if the food they're eating contains genetically modified material - particularly when the long-term health effects are unclear. Seventy percent to 80 percent of processed foods sold in the U.S. are made with genetically engineered ingredients, including corn, soybeans, sugar beets and cotton oil. If the California measure passes, processed genetically engineered food products would include the words "Partially produced with genetic engineering" on the front or back label. For whole foods such as sweet corn or salmon, grocers would be required to have a sign on the shelf. Alcohol, most meat, eggs and dairy products would be exempt. Jeffrey Smith, the executive director of the Institute for Responsible Technology based in Iowa, said "Based on the evidence - damage to virtually every organ evaluated and immune and gastrointestinal problems - labels are needed."

Note: If you read this entire article, you will detect a clear bias against GMO labelling. It quotes a UCLA professor stating, "There is not one credible scientist working on this that would call it unsafe." Yet the article fails to mention the many scientists who have provided solid evidence that GMOs are unsafe. For a powerful essay showing the grave risks and dangers of GMOs, click here. For a New York Times article listing several scientists who raised serious questions about GMOs, click here. For deeply revealing reports from reliable major media sources on genetically modified foods, click here.

F.B.I. agents on a hunt for leakers have interviewed current and former high-level government officials from multiple agencies in recent weeks, casting a distinct chill over press coverage of national security issues as agencies decline routine interview requests and refuse to provide background briefings. The criminal investigation, which has reached into the White House, the Pentagon, the National Security Agency and the C.I.A., appears to be the most sweeping inquiry into intelligence disclosures in years. It coincides with Senate consideration of new legislation designed to curb intelligence officials’ exchanges with reporters. The legislation approved last week by the Senate Intelligence Committee would reduce to a handful the number of people at each agency permitted to speak to reporters on “background,” or condition of anonymity; require notice to the Senate and House intelligence committees of authorized disclosures of intelligence information; and permit the government to strip the pension of an intelligence officer who illegally discloses classified information. The Obama administration has set a record for prosecuting leaks of classified information to the news media, with six cases to date, more than under all previous presidents combined. The F.B.I. appears to be focused on recent media disclosures on American cyberattacks on Iran, a terrorist plot in Yemen that was foiled by a double agent and the so-called “kill list” of terrorist suspects approved for drone strikes.

Note: For deeply revealing reports from reliable major media sources on government secrecy, click here.

France’s parliament passed President Francois Hollande’s revised 2012 budget, including a 0.2 percent transaction tax on share purchases that takes effect today. The bill’s passage into law marks “the first step toward fiscal reform and a move toward justice,” Finance Minister Pierre Moscovici said in a statement. With the vote, France becomes the first European country to impose a transaction tax on share purchases. The Hollande government is doubling the levy to 0.2 percent from the 0.1 percent tax initially advocated by former President Nicolas Sarkozy. Many institutional investors may escape the tax using so-called contracts for difference, or CFDs, offered by prime brokers that let them bet on a stock’s gain or loss with owning the shares. The transaction tax, aimed at curbing market speculation, will be paid on the purchase of 109 French stocks with market values of more than 1 billion euros ($1.2 billion), including Pernod Ricard SA and Vivendi SA. The new budget law will be applied to transactions resulting in “a transfer of property” of companies trading in Paris, regardless of where the buyer or seller is based, and may be expanded next year along with some European partners. France estimated that the doubling of the tax will bring in an additional 170 million euros in 2012 and 500 million euros next year. The state will start collecting the tax in November, Budget Minister Jerome Cahuzac’s press office said. The government estimated that the doubling of the tax will cut the volume of stock purchases to 800 billion euros from 1.05 trillion euros with a 0.1 percent levy and 1.3 trillion euros with no transaction tax.

Note: This exciting news is one of the most underreported events of the year. A universal FTT would stop much of the craziness in the derivatives market. The EU is also seriously considering implementing an FTT. Click here for more.

The FBI, for the first time, has admitted publicly that it knew the radical Muslim cleric Anwar al-Awlaki was returning to the U.S. in October 2002 and that an FBI agent discussed the American's return with a U.S. attorney before he was detained and then abruptly released from federal custody. Al-Awlaki, who would become the first American targeted for death by the CIA, eventually was killed last September in Yemen by a U.S. drone strike. Mark Giuliano, the FBI's assistant director for national security, testified [on August 1] that the FBI knew in advance that he was making his way back to the United States. Al-Awlaki was detained at New York City's JFK airport because a customs database flagged him based on an outstanding arrest warrant. Former FBI agents say there are only likely two explanations: The bureau let the cleric into the country to track him for intelligence, or the bureau wanted to work with him as a friendly contact. The FBI has never explained why it let al-Awlaki walk free at a time when dozens of young Muslim men were being held in detention centers on material witness warrants in the wake of the Sept. 11 terrorist attacks. Al-Awlaki was under a full FBI investigation by the Washington office when he was invited to lunch at an executive dining room at the Pentagon in February 2002.

Note: For deeply revealing reports from reliable major media sources on the hidden realities of intelligence agencies, click here.

Voter fraud has a shocking new meaning in eastern Kentucky [where] major cocaine and marijuana dealers admitted to buying votes to steal elections. "We believe that drug money did buy votes," Kerry B. Harvey, U.S. attorney for the Eastern District of Kentucky, said. He described a stunning vote-buying scheme that includes "very extensive, organized criminal activity, involving hundreds of thousands of dollars, and in many cases that involves drug money." He says the problem is rooted in economic woes, which is why votes are routinely for sale. In that part of the state, jobs are scarce and poverty is high. Controlling local government means controlling jobs. "These folks go out and hijack the local elections for their own purposes and then they use those jobs to enrich themselves and their confederates. It really is a terrible problem and it has to be stopped," Harvey explains. In Clay County, according to court testimony, some of the funds to purchase votes came from massive cocaine and marijuana drug trafficking operations. ‘I always bought votes," Kenneth Day testified. The 60-year-old was serving 18 years in federal prison for multimillion-dollar drug trafficking. Prosecutors say he dealt in "millions of dollars in drugs, marijuana, cocaine, and methamphetamine" and "had developed one of the most successful drug trafficking businesses in the whole entire region." He also dealt in votes. Day was not only an admitted drug trafficker, but he also had served as the longtime Clay County Republican commissioner of the Board of Elections.

Note: For deeply revealing reports from reliable major media sources on serious problems with the US elections process, click here.

It’s been 18 years since the U.S. government assessed the standards for cell phone radiation. That was back in 1996. Both cell-phone technology and cell-phone use have changed in the interim, which is why last week the American Academy of Pediatrics (AAP) urged the Federal Communications Commission (FCC) to reconsider its radiation standards. Current guidelines specify that the specific absorption rate (SAR) — the amount of radiofrequency (RF) energy absorbed by the body when using a cell phone — can’t exceed 1.6 watts per kilogram. The standard tells cell-phone makers how much radiation their products are allowed to emit. This all sounds pretty technical; why, you may wonder, is the AAP getting involved in deliberations over RF and SARs? It comes down to children’s health and well-being, writes AAP President Dr. Robert Block, who notes that standards are based on the impact of exposure on an adult male, not on women or kids: "Children, however, are not little adults and are disproportionately impacted by all environmental exposures, including cell phone radiation. In fact, according to [the International Agency for Research on Cancer], when used by children, the average RF energy deposition is two times higher in the brain and 10 times higher in the bone marrow of the skull, compared with mobile phone use by adults." Block points out that standards for all cell phones — even those not aimed at children or teens — need to “be based on protecting the youngest and most vulnerable populations to ensure they are safeguarded throughout their lifetimes.”

Note: For more on risks from cell phones and other important health issues, see the deeply revealing reports from reliable major media sources available here.

For all the superheated rhetoric of yet another election cycle, it's as clear as ever that the Republican and Democratic parties in Washington pretty much support the same economic policies. Indeed, any honest perusal of congressional votes proves that the party establishments are roughly the same when it comes to financial deregulation (less of it), job-killing free trade (more of it), bailouts (more of them) and corporate taxes (less of them). Politicians and partisan media outlets deny this obvious reality, of course. But they do so because they have a vested interest in the red-versus-blue "polarization" narrative from which they generate campaign contributions and ratings, respectively. It's also why more Americans are tuning out of politics. Pretending this is some big divide is a farce. Both parties are proposing to enrich the already rich while hiding the two-headed monster behind a mask of conflict.

Note: For a powerful essay revealing the deeper agenda behind largely fabricated polarizations, click here.

A wide-ranging surveillance operation by the Food and Drug Administration against a group of its own scientists utilized an enemies list of sorts as it secretly captured thousands of e-mails that the disgruntled scientists sent privately to members of Congress, lawyers, labor officials, journalists and even President Obama, previously undisclosed records show. What began as a narrow investigation into the possible leaking of confidential agency information by five scientists quickly grew in mid-2010 into a much broader campaign to counter outside critics of the agency's medical review process, according to the cache of more than 80,000 pages of computer documents generated by the surveillance effort. Moving to quell what one memo called the "collaboration" of the FDA's opponents, the surveillance operation identified 21 agency employees, congressional officials, outside medical researchers and journalists thought to be working together to put out negative and "defamatory" information about the agency. The agency, using so-called spy software designed to help employers monitor workers, captured screen images from the government laptops of the five scientists as they were being used at work or at home. The extraordinary surveillance effort grew out of a bitter, years-long dispute between the scientists and their bosses at the FDA over the scientists' claims that faulty review procedures at the agency had led to the approval of medical imaging devices for mammograms and colonoscopies that exposed patients to dangerous levels of radiation.

Note: For lots more from reliable major media sources on government corruption, click here.

The Justice Department is going through thousands of cases from the days before DNA testing to see whether the government exaggerated the significance of the FBI's hair analysis. The review, the largest in U.S. history, will focus on work by FBI Laboratory hair and fiber examiners since at least 1985, the Washington Post reported. A reporter at the Post had been working on a story about Donald Gates, a D.C. man released after DNA evidence proved his innocence, when he learned about Frederic Whitehurst, an FBI lab chemist who blew the whistle on the FBI Laboratory in the mid-1990s. Whitehurst said he watched colleagues contaminate evidence and, in court, overstate the significance of their matches. When Whitehurst, a chemist with a doctoral degree from Duke, arrived at the FBI crime lab in 1986, the first thing he noticed was that the place was, as he called it, a pigsty. The equipment was outdated and there was a film of black soot coating the counters – a dust from the vents that the agents called “black rain.” After the first World Trade Center bombing, Whitehurst testified that supervisors pressured him to concoct misleading scientific reports. When he refused to testify that a urea nitrate bomb had been the source of the explosion, the FBI found another lab technician to testify. He learned that an agent had, for the previous nine years, rewritten his scientific reports to support the prosecution.

Note: For deeply revealing reports from reliable major media sources on intelligence agency corruption, click here.

For years, the ratings agencies have contended that the grades they assign debt securities are independent opinions and therefore entitled to First Amendment protections, like those afforded journalists. But newly released documents in a class-action case ... cast doubt on the independence of the two largest agencies, Moody’s Investors Service and Standard & Poor’s. The case, filed in 2008 by a group of 15 institutional investors against Morgan Stanley and the two agencies, involves a British-based debt issuer called Cheyne Finance. Cheyne collapsed in August 2007 under a load of troubled mortgage securities. Even though Cheyne’s portfolio was bulging with residential mortgage securities, some of its debt received the agencies’ highest ratings, a grade equal to that assigned to United States Treasury securities. When the primary analyst at S.& P. notified Morgan Stanley that some of the Cheyne securities would most likely receive a BBB rating, not the A grade that the firm had wanted, the agency received a blistering e-mail from a Morgan Stanley executive. S.& P. subsequently raised the grade to A. After the institutions that bought Cheyne’s debt sued Morgan Stanley and the ratings agencies, Moody’s and S.& P. immediately mounted a First Amendment defense. But Shira A. Scheindlin, the federal judge overseeing the matter ... argued that the ratings were not opinions but were misrepresentations that were possibly a result of fraud or negligence.

Note: For deeply revealing reports from reliable major media sources on financial corruption, click here.

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.