News ArticlesExcerpts of Key News Articles in Major Media
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For Jerry Cooper and the friends he knows as the White House boys, the memories never fade. The brutal beatings, rapes and other physical and psychological abuse they endured at a notorious Florida reform school were more than half a century ago, but there is always something to trigger the flashbacks. This time, it was the discovery of 27 “possible” graves at the site of the Arthur G Dozier School for Boys in Marianna, Florida. It is no surprise that more victims of systemic, decades-long sexual abuse and violence could still be in the ground. A study that ended in 2016 saw University of South Florida (USF) anthropologists uncover human remains in 55 graves, several with gunshot wounds or blunt force trauma. Yet to the White House survivors, named for a whitewashed cottage in the grounds of the state-run school where the worst of the abuse took place, it was confirmation that the final chapters of a dark episode have yet to be written. “I was sure I wasn’t going to survive,” said Cooper, 74, who spent two years at Dozier as a teenager in the early 1960s. “But there were those of us who didn’t ... there’s a lot more boys dead than the 55 they located. We’ve always known this.” Official records, poorly maintained and incomplete, indicated 31 burials from 1914 to 1973. But USF researchers partnered with local and state law enforcement and the University of North Texas science centre set the figure at a minimum of 98.
Note: Read more about the notorious Dozier School for Boys. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and sexual abuse scandals.
The World Economic Forum (WEF) in Davos, Switzerland, is not what you’d call a “woo woo” gathering. It convenes chief executives from over 1,000 member-companies ... to discuss the big social, economic, and political issues of the day. We had accepted the invitation to present at WEF with some reservations - would all these businesspeople welcome the [Greater Good Science Center]’s science-backed insights for a more meaningful life? WEF has begun to incorporate well-being into their programs and outcomes over the last few years, and we were part of that objective. Providing accessible tools that people can use to cultivate skills of inner happiness is core to the GGSC’s mission. Many of these - like letting go of that searing inner critic or learning to watch what is happening in your own body - are ... adapted from the canon of traditional contemplative practices, and now validated by science. It turns out, plenty of people were looking for strategies for inner happiness at Davos. Participants were curious about how emotions fuel or fizzle stress and how to adopt a “challenge” mentality - the attitude of I can face this! - rather than a “threat” mentality that just makes you want to fight or run away. We suggested simple practices like supportively rooting for ourselves as we might encourage a friend, or adopting a different perspective during difficult times. Will global leaders’ ... moments of mindfulness, compassion, and gratitude trickle down for the benefit of entire workforces? We certainly hope so.
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Europe wants to lead the fight against plastic pollution. On January 18th EU member states confirmed the provisional agreement reached between the presidency of the Council and the European Parliament on a new directive to introduce restrictions on certain single-use plastic products. In 2021 European citizens will say goodbye to plastic cutlery, plastic plates and plastic straws among other products. The aim of the directive ... is to protect the environment and reduce marine litter by avoiding the emission of 3.4 million tonnes of CO2. The measures discussed are closely related to the latest estimates on marine litter. According to the European Commission, plastics make up 85% of beach litter, which is causing catastrophic consequences on the environment. The new rules aim to stop the use of throwaway plastic products and packaging for which alternatives exist and is focused on the most frequently found items polluting European seas: plastic cutlery (forks, knives, spoons, and chopsticks), plastic plates, plastic straws, cotton bud sticks made of plastic, beverage and food containers made of expanded polystyrene (such as fast food and takeaway boxes), and products made from oxo-degradable plastic, which contributes to microplastic pollution. According to the European Commission, together these products constitute 70% of all marine litter items.
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Until very recently, the entire Congress has remained mostly silent on the human rights nightmare that has unfolded in the occupied territories. Our elected representatives, who operate in a political environment where Israel's political lobby holds well-documented power, have consistently minimized and deflected criticism of the State of Israel. Many civil rights activists and organizations have remained silent as well ... because they fear loss of funding from foundations, and false charges of anti-Semitism. They worry ... that their important social justice work will be compromised or discredited by smear campaigns. Many students are fearful of expressing support for Palestinian rights because of the [blacklisting of] those who publicly dare to support boycotts against Israel, jeopardizing their employment prospects and future careers. We must condemn Israel’s ... unrelenting violations of international law, continued occupation of the West Bank, East Jerusalem, and Gaza, home demolitions and land confiscations. We must cry out at the treatment of Palestinians at checkpoints, the routine searches of their homes and restrictions on their movements, and the severely limited access to decent housing, schools, food, hospitals and water. We ought to question ... the $38 billion the U.S. government has pledged in military support to Israel. And finally, we must, with as much courage and conviction as we can muster, speak out against the system of legal discrimination that exists inside Israel ... ignoring the rights of the Arab minority that makes up 21 percent of the population.
Note: With a population of less than 9 million, when you divide $38 billion by 9 million, you find that the U.S. provides the equivalent $400 in military support for every citizen of Israel, many times more than support to any other country in the world. Why is this?
Much has been written about Jeffrey Epstein, the wealthy businessman who sexually abused and trafficked underage girls for years. Yet so little had been heard from the victims, dozens of adolescents, some still wearing braces, who were cut out of the lenient deal that sent the town of Palm Beach sex offender to jail for only 13 months. That is the power of Perversion of Justice, an investigation by Miami Herald reporter Julie K. Brown that for the first time gives a voice and a face to some of the victims of the Epstein case. A decade after a secret plea agreement ... the victims - now women in their late 20s and early 30s - are still seeking an elusive justice. Brown first became interested in the topic of sex trafficking after completing a series on abuses at a Florida women’s prison. In her early research, the Jeffrey Epstein case came up repeatedly. Brown dug as deeply as possible into the behind-the-scenes machinations that characterized the Jeffrey Epstein prosecution. She was able to identify 80 possible victims, labeled Jane Does in lawsuits to protect their identifies as minors. She reached out to 60 of the women and eight agreed to talk about the case. Four victims ... spoke on the record and on camera, three of them for the first time. Efforts to keep details of the case secret ... are underscored not just by sealed court documents in various civil cases, but by emails between the prosecution and the defense, which talked about an “avoid-the-press” strategy and a deliberate campaign to keep the victims in the dark.
Note: Video of Epstein's victims speaking out is available at the link above. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Each year, beginning in the fall, a group of third-year architecture students from Auburn University take up residence in a small rural Alabama town to begin building a house. In the winter, when a new semester begins, they are replaced at the Newbern, Alabama, project site by another cohort of 16 students who finish up the job and prepare the house for its new occupants. The 20K Home Project began 13 years ago as a challenge to architecture students at Auburn to build a $20,000 house, with $12,000 in material and $8,000 for labor. The idea was to create the perfect house for needy families in rural areas where dwellings are often substandard and where affordable building can be a logistical challenge. To date, the student-led project has designed and built homes for nearly 30 households as part of Auburns Rural Studio, an off-campus, hands-on architecture program that has also constructed community centers, a library and other projects around Hale County, where Newbern is located. Created in 1993, Rural Studio partners with local nonprofits and uses cash and in-kind donations to cover the cost of the homes. It then makes a gift of the finished houses to low-income Newbern residents. Over the years, Rural Studio has developed design criteria for the homes, which are typically one- or two-bedroom single-family dwellings. In Newbern, a community of just under 200 people in the west-central part of Alabama, the median price of a home is about $65,000.
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A widely used pesticide could be placing frog populations in danger by diminishing their ability to reproduce properly. Not only does exposure to the chemical linuron a potato herbicide reduce male frog fertility, it skews the sex ratios of growing tadpoles significantly towards females. The devastation pesticides have caused to insect populations has been well documented, with German scientists warning of an ecological Armageddon when they found numbers had plummeted by 75 per cent in the countrys nature reserves. Knock-on effects further up the food chain are thought to be behind the disappearance of many bird species from the European countryside. But pesticides can have toxic effects on other animals too, and there has been a distinct lack of research into their effects on amphibians. To improve this situation, ecotoxicologist Dr Cecilia Berg of the University of Uppsala and a team of ... researchers set out to investigate the effects of linuron in the West African clawed frog. They found that the tadpoles grew ovaries substantially more than they grew testicles, an effect the team attributed to the endocrine disrupting or hormone disrupting properties of linuron, which could hinder production of testosterone. The male frogs exposed to the chemicals as tadpoles were less fertile and had certain feminine characteristics. While linuron is not licensed for use in the UK ... it is widely used in other parts of the European Union (EU) and North America.
Note: Don't forget that humans drink the water contaminated by these chemicals, too. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.
The mysterious flying object that one man saw looked like a "40-foot-long Tic Tac" and was maneuvering and shifting directions rapidly. That claim ... comes from retired Cmdr. David Fravor and bears the Pentagon's stamp of approval. And it was one of many confounding examples of unidentified flying objects the Pentagon investigated in the Advanced Aviation Threat Identification Program. "There is very compelling evidence that we may not be alone," Luis Elizondo, a former Pentagon official, told CNN. The belief in alien encounters has long been a prominent feature of American life. A 1997 poll ... found that 80% of Americans think the government is hiding knowledge of the existence of extraterrestrial life forms. Many of the best known alien claims come from Project Blue Book, the name for the US government program tasked with investigating reports of UFOs from 1948 to 1969. In that time, Air Force personnel looked at 12,618 reported UFO sightings and said that 701 remain "unidentified." In 2010, seven former US Air Force personnel described their personal encounters with UFO sightings over nuclear weapons facilities in incidents in the 1960s, '70s, and '80s. Three of the former Air Force officers said UFOs hovered over nuclear missile silos around Montana's Malmstrom Air Force Base in 1967, causing problems with the military base. Former Air Force Capt. Robert Salas said one of his guards told him about a red, glowing object about 30 feet in diameter hovering above the front gate.
Note: Read more on the Advanced Aviation Threat Identification Program in this 2017 New York Times, article. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
A plus-size teenage ballerina has been dubbed an inspiration after a video of her practicing a stunning turn sequence took the internet by storm. Lizzy Howell, 15, from Milford, Delaware, shares plenty of photos and videos of herself dancing on her Instagram and Facebook pages, but footage of her nailing a series of fouetté turns has launched her into online stardom. Thousands of people have watched the mesmerizing clip, and many have hailed her a role model for women of all sizes because of her confidence and beauty. The video sees Lizzy wearing a maroon leotard and footless tights as she effortlessly does eleven fouettés in a row before ending the sequence with a series of pirouettes. Lizzy told Daily Mail Online that she started dancing when she was five-years-old and has been practicing ballet for the past 10 years. The ballerina, who also practices jazz and tap dancing, trains four days a week and participated in a local production of The Nutcracker last month. The sudden viral fame helped earn Lizzy more than 22,000 followers. Plenty of people took to the comments section of the post to tell Lizzy that she is 'amazing', while others were simply blown away by her skill. 'I enjoy most of the comments saying I'm an inspiration for people of all sizes,' Lizzy said. 'I really like being called an inspiration, it makes me feel better about my self and what I'm doing.' When asked what advice she would give to a young girl who has resisted pursuing her dreams because of her size, Lizzy stressed that 'stereotypes are made to be broken'.
Note: Watch a great, 8-minute interview with this amazing young woman. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A shadowy world government. Political kingmakers. A capitalist cabal looking to impose its will across the globe. For decades, conspiracy theorists have tried to decode the secretive Bilderberg Group, an annual gathering of the some of the world's most powerful figures. Since 1954, the Bilderberg Group has been gathering in secret to discuss everything from the rise and fall of communism to nuclear warfare to cybersecurity. The group began as a way to create more cooperation between Europe and North America during the Cold War, and Bilderberg releases an annual list of the people who will attend and the topics they'll discuss, but beyond that, little leaves the walls of the meeting rooms. Theorists also cite the inclusion of Bill Clinton at the meetings in 1991 before he was president and Tony Blair's presence in 1993 before he became the British prime minister as examples of the group's power. Past attendees have included former Secretary of State Henry Kissinger (who will also be attending this year), former Chase Manhattan chief executive David Rockefeller, and British Prime Minister David Cameron. Two-thirds of this year's attendees are from Europe while a third are from the U.S., including Sam Altman, president of the tech seed accelerator Y Combinator; NBC News's Richard Engel; Sen. Lindsay Graham of South Carolina; LinkedIn CEO Reid Hoffman; and PayPal co-founder Peter Thiel.
Note: For more along these lines, see concise summaries of deeply revealing news articles on secret societies from reliable major media sources.
Bees may soon be able to take some of the sting out of cancer by detecting it early and getting patients into treatment sooner. Honeybees are known for their exquisitely sensitive sense of smell. They don't have noses, but their feet, tongues and antennae are packed with olfactory glands. They can also be quickly trained to do their "waggle dance" when they associate a specific smell with a food source. Taking advantage of these facts, Portuguese scientist Susana Soares has invented a two-chambered glass dome that uses bees to snuff out cancer. "The glass objects have two enclosures: a smaller chamber that serves as the diagnostic space and a bigger chamber where previously trained bees are kept for the short period of time necessary for them to detect general health," Soares wrote on her website. "People exhale into the smaller chamber, and the bees rush into it if they detect on the breath the odor that they were trained to target." Soares said she could train bees in 10 minutes to identify cancer and other diseases, such as tuberculosis and diabetes in their early stages. By exposing the insects to the odor molecules produced by an illness and then feeding them sugar, they learn to associate the smell with a food reward. Soares said that her bee chamber was an inexpensive, sustainable and highly accurate diagnostic tool. And, she points out, bees, as well as wasps, are already used regularly to sniff out land mines and illegal drugs.
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The CIA's chief technology officer outlined the agency's endless appetite for data in a far-ranging speech. Ira "Gus" Hunt said that the world is increasingly awash in information from text messages, tweets, and videos - and that the agency wants all of it. "The value of any piece of information is only known when you can connect it with something else that arrives at a future point in time," Hunt said. "Since you can't connect dots you don't have, it drives us into a mode of, we fundamentally try to collect everything and hang on to it forever." Hunt's comments come two days after Federal Computer Week reported that the CIA has committed to a massive, $600 million, 10-year deal with Amazon for cloud computing services. "It is really very nearly within our grasp to be able to compute on all human generated information," Hunt said. After that mark is reached, Hunt said, the agency would also like to be able to save and analyze all of the digital breadcrumbs people don't even know they are creating. "You're already a walking sensor platform," he said, noting that mobiles, smartphones and iPads come with cameras, accelerometers, light detectors and geolocation capabilities. "Somebody can know where you are at all times, because you carry a mobile device, even if that mobile device is turned off," he said. Hunt also spoke of mobile apps that will be able to control pacemakers - even involuntarily - and joked about a "dystopian" future. Hunt's speech barely touched on privacy concerns.
Note: The Internet of Things makes mass surveillance even easier. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy from reliable major media sources.
Atrazine, a weed killer widely used in the Midwestern United States and other agricultural areas of the world, can chemically "castrate" male frogs and turn some into females. New research suggests the herbicide may be a cause of amphibian declines around the globe, said biologists at the University of California-Berkeley. Researchers found that long-term exposure to low levels of atrazine - 2.5 parts per billion of water - emasculated three-quarters of laboratory frogs and turned one in 10 into females. Scientists believe the pesticide interferes with endocrine hormones, such as estrogen and testosterone. "The effects of atrazine in the long term have been shown to demasculinize or chemically castrate [frogs], combined with complete feminization of some animals," said lead researcher Tyrone B. Hayes, a biologist and herpetologist. Hayes found that 10 percent of the exposed genetic male frogs developed into functional females who copulated with unexposed males and produced viable eggs. The other 90 percent of the exposed male frogs expressed decreased libido, reduced sperm count and decreased fertility, among other findings. Tens of millions of pounds of atrazine are used each year in the United States. Syngenta estimates that 60 million pounds were used during 2008, most of it on corn. A 2006 study by the U.S. Geological Survey found atrazine in approximately 75 percent of stream water and about 40 percent of all groundwater samples from agricultural areas tested between 1992 and 2001.
Note: Don't forget that humans drink the water contaminated by these chemicals, too. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.
During a nine month investigation, the BBC has uncovered the disturbing truth about the way authorities in New York City are conducting the fight against Aids. HIV positive children - some only a few months old - are enrolled in toxic experiments without the consent of guardians or relatives. In some cases where parents have refused to give children their medication, they have been placed in care. The city's Administration of Children's Services (ACS) does not even require a court order to place HIV kids with foster parents or in children's homes, where they can continue to give them experimental drugs. In 2002, the Incarnation Children's Center - a children's home in Harlem - was at the hub of controversy over secretive drugs trials. [Reporter Jamie Doran] speaks to a boy who spent most of his life at Incaranation. Medical records, obtained by the This World team, prove the boy had been enrolled in these trials. "I did not want to take my medication," said the boy, "but if you want to get out of there, you have to do what they say." He also conveys a horrifying account of what happened to the children at Incarnation who refused to obey the rules. "My friend Daniel didn't like to take his medicine and he got a tube in his stomach," he said. For months, the BBC tried to get information from the people responsible for the trials, but none would comment. The companies that supply drugs for the trials are among the world's largest, including Britain's own Glaxo SmithKline (GSK).
Note: Read a long list of examples of humans being treated as guinea pigs by corporate and governmental programs. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in Big Pharma from reliable major media sources.
A British tribunal has ruled that a former member of the UN police force in Bosnia was unfairly fired after she reported to her superiors that colleagues in the police force used women and children as sex slaves in connivance with Balkan traffickers. It was at least the third scandal this year involving international aid workers and vulnerable local populations. The UN officially has not commented on the latest case, in which the whistleblower, Kathryn Bolkovac, an American citizen living in the Netherlands, charged she was fired in 2000 for sending e-mails to her employer, the U.S. recruitment agency DynCorp, stating that other UN police officers from several countries were linked with prostitution rings. Bolkovac was posted to Sarajevo in 1999 to investigate sex trafficking but soon began filing reports that UN officials and international aid workers themselves were involved in it. She said UN workers frequented bars where girls as young as 15 were forced to dance naked on tables and engage in sexual acts with clients. UN peacekeepers stood by while girls who refused to take part in sex acts were beaten and raped by pimps. One police officer paid $1,000 for a girl he kept captive in his apartment. Earlier this year, a joint report by Save the Children and the Office of the UN High Commissioner for Refugees said that about 70 workers from aid organizations and UN agencies were suspected of extorting sexual favors from children and young women among refugees in Guinea, Sierra Leone and Liberia in exchange for food.
Note: The case of this courageous whistleblower was turned into a movie. For lots more, see this article from the UK's Independent. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Some consider Henry Kissinger a master statesman who advanced American interests. Others argue that his achievements were exaggerated, preferring to highlight his violations of international law and his complicity in war crimes. Tom Wells' The Kissinger Tapes: Inside His Secretly Recorded Phone Conversations ... is a collection of selections from more than 15,000 of Kissinger's secretly recorded telephone conversations from his time as President Richard Nixon's national security adviser (1969–1974) and secretary of state (1973–1974). For Kissinger, lies weren't a strategic tool limited to selective uses in international statecraft. They appear to have been part of his personal makeup. Wells notes that he was "a habitual and easy liar." During the clandestine bombings of Cambodia in 1969 and Laos in 1970, for example, Kissinger and Nixon implemented a false-reporting system to hide the strikes from both the State Department and the public. Kissinger claimed to Secretary of State William P. Rogers that he was unaware of the Pentagon Papers, the classified government study, leaked in 1971, that revealed the U.S. government had systematically deceived the public about the Vietnam War; in fact, he knew of the study from the outset. Kissinger repeatedly denied knowledge of wiretaps on officials and journalists, but the FBI later noted that he instituted much of the surveillance himself. For Kissinger, issues of human rights and self-determination were secondary at best.
Note: Read more revealing details from Kissenger's history. For more along these lines, read our concise summaries of news articles on corruption in government and in the intelligence community.
Pfizer subsidiaries in multiple countries, including Italy and Russia, were accused by the SEC in 2012 of paying bribes over about a decade to foreign officials to secure regulatory and formulary approvals, boost sales, and increase prescriptions, [an] SEC complaint shows. In China, one subsidiary allegedly created "points programs" that let doctors earn gifts based on prescribing its medications, according to the SEC, while in Croatia, another offered a "bonus program" that reportedly rewarded doctors with cash, international travel, or free products. Pfizer and an indirect subsidiary agreed to pay more than $45 million in separate settlements, without admitting or denying the allegations, the SEC reported. In a parallel action, Pfizer H.C.P., an indirect, wholly-owned healthcare-focused subsidiary, agreed to pay a $15 million penalty to resolve its investigation of FCPA violations after admitting to improper payments to foreign government officials, according to the U.S. Department of Justice. And in Greece, Poland, and Romania, Johnson & Johnson subsidiaries, employees, and agents were accused by regulators of using slush funds, sham contracts, and off-shore companies in the Isle of Man to reward doctors and administrators who ordered or prescribed its products, including surgical implants. The 2011 SEC complaint also accused the company of paying kickbacks in Iraq to obtain business.
Note: For more along these lines, read our concise summaries of news articles on Big Pharma profiteering.
A great deal of visual processing in the brain goes on well below our conscious awareness. Some studies have probed the unconscious depths of vision. One source of evidence comes from the neurological condition known as blindsight, which is caused by damage to areas of the brain involved in processing visual information. People with blindsight report that they are unable to see, either entirely or in a portion of their visual field. However, when asked to guess what is there, they can often do so with remarkable accuracy. The phenomenon of inattentional blindness seems to show you can see without the information crossing into your consciousness. Anyone can experience inattentional blindness. In this experiment, participants are shown a video of people playing basketball, and told to count the number of passes between the players wearing a white shirt. If you've never done this before, I urge to you stop reading now and watch the video. In many cases, people are so busy counting the passes that they completely miss a large gorilla walking across the middle of the scene and beating its chest, then walking off. The gorilla's right there, in the centre of your visual field. Light from the gorilla enters your eyes, and is processed in the visual system, but somehow you missed it, because you weren't paying attention to it. The question is: what makes some information conscious, rather than the information that stays unconscious?
Note: Meet the blind professional skateboarder who teaches blind people how to skateboard. Echolocation expert Daniel Kish is a blind man who has taught thousands of other blind people to "see" and navigate the world by interpreting echoes that activate the brain's visual centers. Explore more positive stories like this on the mysterious nature of reality.
The House Committee on Agriculture passed the "Farm, Food, and National Security Act of 2026" on March 5. The 800-page document is being praised by Big Agriculture and industry groups. But public health advocates warn that the bill is set to further erode well-being and health in the U.S., further deepening the hypocrisy of Secretary of Health and Human Services (HHS) Robert F. Kennedy Jr.'s repeated promise to "Make America Healthy Again." "Rather than address the economic crises facing America's family farmers, this Farm Bill is a thinly veiled gift bag for Big Ag and pesticide manufacturers. It's a massive slap in the face to people ... demanding a healthier food system," said [agriculture campaigner] Jason Davidson. Section 10205 blocks consumers and farmers harmed by pesticides from suing companies over inadequate safety labeling. Section 10206 would overturn all state and local laws that protect food safety. Section 10207 would repeal federal statutes created to protect people and animals from pesticides. Rep. Chellie Pingree ... introduced an amendment that would have stripped these sections from the bill, but the effort was rejected. "This Farm Bill is a gift to Big Chemical, plain and simple. It delivers exactly what giants like Bayer have spent years lobbying for: blanket immunity from lawsuits and the power to gut the state warning label laws that protect families, farmers, and children," said the congresswoman in a statement.
Note: Read our Substack investigation into what the pesticide crisis reveals about the dark side of science. For more along these lines, read our concise summaries of news articles on food system corruption and toxic chemicals.
The Pentagon is building a new team of investment bankers steeped in private equity to invest $200 billion over three years in defense deals, aiming to counter China's rise, according to a document reviewed by Semafor. The Defense department is specifically going after Goldman Sachs, Morgan Stanley, JPMorgan, and Bank of America as prime recruiting targets for the 30-person team, the headhunter brief outlines, explaining that "this is not a career move, but a two-to-three-year secondment program." The document, prepared by search firm Heidrick & Struggles, pitches a chance to "serve your country" and deploy "more capital than most investors deploy in their entire careers" (and, ostensibly, an opportunity to sell a bunch of stock tax-deferred). Wall Street ... employs thousands of "coverage bankers" who stay close to companies in specific industries. Forming its own "Sponsor Coverage" unit inside the Pentagon would allow the defense department to have a team of its own bankers that service private-equity firms and pitch deals critical to national security, provide advice, and arrange loans. As part of the agency's pitch to lure more heavy hitters from Wall Street, it's deriding the "peak neoliberalism" of the 1990s that invited China into the global economic order, prioritized outsourcing, and, in the Pentagon's view, left the US vulnerable ... according to the document. "The mission: helping deter our largest adversary from gaining military superiority."
Note: For more along these lines, read our concise summaries of news articles on corruption in the financial industry and in the intelligence community.
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.