Corporate Corruption Media Articles

Excerpts of Key Corporate Corruption Media Articles in Major Media

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Note: Explore our full index to key excerpts of revealing 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.

Foreign investment firms, private equity, pension funds and businesses lodged in tax havens own more than 70% of the water industry in England, according to research by the Guardian. The complex web of ownership is revealed as the public and some politicians increasingly call for the industry to be held to account for sewage dumping, leaks and water shortages. Six water companies are under investigation for potentially illegal activities as pressure grows on the industry to put more money into replacing and restoring crumbling infrastructure to protect both the environment and public health. More than three decades after the sector was sold off with a promise to the public they would become individual small shareholders or "H₂Owners", control of the water industry has become dominated by overseas investment vehicles, the super-rich, companies in tax havens and pension fund investors. The ownership structure is such that transparency and accountability are limited, according to Dr Kate Bayliss ... at Soas University of London. The Qatar Investment Authority is the third largest shareholder in Severn Trent, with a 4.6% holding, while almost 10% is held by the US investment company BlackRock and its subsidiaries. A subsidiary of the Abu Dhabi Investment Authority has a 9.9% stake in Thames Water, while 8.7% is owned by China, the analysis shows. At least 72% of the industry is controlled by firms in 17 countries, while UK firms own 10%. Ownership of 82% of the water industry was traced overall.

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

Jaron Lanier, the eminent American computer scientist, composer and artist, is no stranger to skepticism around social media. The web is not a free market of information as originally envisioned. It is a gamed system being rampantly abused. [Lanier] helped create modern ideologies – Web 2.0 futurism, digital utopianism, among them. But Lanier is no longer a fan of how the digital utopia is coming along. He's called it "digital Maoism" and accused tech giants like Facebook and Google of being "spy agencies". In his latest thinking Lanier draws attention to Harvard psychologist BF Skinner's theories of "operant conditioning", or behavior controlled by its consequences, otherwise known as behavior modification. In Skinner's studies, lab rats were subjected alternately to electric shocks and treats to achieve a change in response. On social media, he says, we experience something similar. Approval, disapproval or being ignored, such techniques can be manipulated online as part of what is euphemistically called "engagement" and the creation of addictive patterns for individuals and then – by proxy – eventually whole societies. "As we enter an era where nothing means anything because it's all just about power, intermediation and influence, it's very hard to put ideas out and very easy for them to come across not as intended," he said. "I do believe that our survival depends on modifying the internet – to create a structure that is friendlier to human cognition and to the ways people really are."

Note: This was written by Jaron Lanier, who is widely considered to be the "Father of Virtual Reality." For more along these lines, see concise summaries of deeply revealing news articles on media manipulation from reliable sources.

Among the many surprising assets uncovered in the bankruptcy of the cryptocurrency exchange FTX is a relatively tiny one that could raise big concerns: a stake in one of the country's smallest banks. The bank, Farmington State Bank in Washington State, has a single branch and, until this year, just three employees. It did not offer online banking or even a credit card. The tiny bank's connection to the collapse of FTX is raising new questions about the exchange and its operations. The ties between FTX and Farmington State Bank began in March when Alameda Research, a small trading firm and sister to FTX, invested $11.5 million in the bank's parent company, FBH. At the time, Farmington was the nation's 26th-smallest bank out of 4,800. Its net worth was $5.7 million. FTX is a now bankrupt company that was one of the world's largest cryptocurrency exchanges. A judge allowed the law firm Sullivan & Cromwell to continue advising FTX on bankruptcy. It's unclear how FTX was allowed to buy a stake in a U.S.-licensed bank, which would need to be approved by federal regulators. Banking veterans say it's hard to believe that regulators would have knowingly allowed FTX to gain control of a U.S. bank. "The fact that an offshore hedge fund that was basically a crypto firm was buying a stake in a tiny bank for multiples of its stated book value should have raised massive red flags for the F.D.I.C., state regulators and the Federal Reserve," said Camden Fine, a bank industry consultant.

Note: An in-depth investigation by Whitney Webb and Ed Berger further unearths the mysterious connections between FTX and Farmington State Bank. Extending far beyond Sam Bankman-Fried and FTX, they make a case for a deeper criminal network at play, with troubling connections to this bank. Incidentally, the firm Sullivan & Cromwell has old connections with the CIA. For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption from reliable major media sources.

Many of the world's largest asset managers and state pension funds are passively investing in companies that have allegedly engaged in the repression of Uyghur Muslims in China, according to a new report. The report, by UK-based group Hong Kong Watch and the Helena Kennedy Centre for International Justice at Sheffield Hallam University, found that three major stock indexes provided by MSCI include at least 13 companies that have allegedly used forced labour or been involved in the construction of the surveillance state in China's Xinjiang region. In recent years, China has come under increased scrutiny over what the UN has called "serious human rights violations" against Uyghur Muslims in the region, including systemic discrimination, mass arbitrary detention, torture, and sexual and gender-based violence. The report includes a list of major asset managers, including BlackRock, HSBC and Deutsche Bank among others, exposed to index funds that include companies accused of engaging in labour transfers and the construction of repressive infrastructure in the region. It found public pension funds across the UK, Canada and the US and funds in New Zealand and Japan exposed by the investments. "So many people's pensions, retirement funds and savings are invested passively because, as average consumers, we don't have time to investigate each and every investment," said Laura Murphy, one of the report's authors and professor of human rights and contemporary slavery at Sheffield Hallam University.

Note: Read an eye-opening article about the shocking human rights violations happening to the Uyghur people under the auspices of the Chinese government. For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.

Google and YouTube are pouring millions into over 100 fact-checking organizations as part of a new Global Fact Check Fund aimed at stomping out misinformation online. On Tuesday, Google and YouTube announced a $13.2 million grant to the International Fact-Checking Network (IFCN) at the left-leaning nonprofit Poynter Institute. The IFCN previously labeled YouTube as one of the "major conduits" of disinformation and misinformation across the world. In an open letter, the IFCN proposed a partnership with YouTube to curb the issue. The new Global Fact Check Fund is expected to support its network of 135 fact-checking organizations across 65 countries, covering 80 languages. It is the largest grant Google and YouTube have ever shelled out regarding fact-checks. "Helping people to identify misinformation is a global challenge. The Global Fact Check Fund will help fact-checkers to scale existing operations or launch new ones that elevate information, uplift credible sources and reduce the harm of mis- and disinformation around the globe," Google said in Tuesday's press release. Google also noted that fact-checking organizations can use their new funding in a variety of ways, including new technologies, the creation or expansion of their digital footprints, new verification tools, and deeper audience engagement through audio, video or podcast formats. Since 2018, the Google News Initiative has invested nearly $75 million to "strengthen media literacy" and "combat misinformation."

Note: Freedom of expression is being greatly limited with the excuse of battling misinformation, which is often valuable, easily verifiable information the elite don't want us to know. Read this informative article to see how what is labeled as fact is many times just opinion or questionable government policy. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and media manipulation from reliable sources.

An offshore company that is trusted by the major web browsers and other tech companies to vouch for the legitimacy of websites has connections to contractors for U.S. intelligence agencies and law enforcement, according to security researchers, documents and interviews. Google's Chrome, Apple's Safari, nonprofit Firefox and others allow the company, TrustCor Systems, to act as what's known as a root certificate authority, a powerful spot in the internet's infrastructure that guarantees websites are not fake, guiding users to them seamlessly. The company's Panamanian registration records show that it has the identical slate of officers, agents and partners as a spyware maker identified this year as an affiliate of Arizona-based Packet Forensics, which ... has sold communication interception services to U.S. government agencies for more than a decade. TrustCor's products include an email service that claims to be end-to-end encrypted, though experts consulted by The Washington Post said they found evidence to undermine that claim. A test version of the email service also included spyware developed by a Panamanian company related to Packet Forensics. A person familiar with Packet Forensics' work confirmed that it had used TrustCor's certificate process and its email service, MsgSafe, to intercept communications and help the U.S. government catch suspected terrorists. The physical address in Toronto given in [TrustCor's] auditor's report, 371 Front St. West, houses a UPS Store mail drop.

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

Scandals brought down Harvey Weinstein's movie studio and major opioid supplier Mallinckrodt. But their wealthy owners, directors and executives were granted lifetime immunity from related lawsuits in bankruptcy court – an overwhelmingly common tactic in major U.S. Chapter 11 cases, a Reuters review found. Such immunity grants have become a pervasive but little-understood feature of the U.S. bankruptcy system. The releases are now granted by judges in 9 of 10 major Chapter 11 cases. The lawsuit shields, requested by the company or organization in bankruptcy, are called "nondebtor" releases because they are bestowed on people and entities that never have to declare Chapter 11 themselves. The recipients effectively get the benefits of bankruptcy protection without the associated financial or reputational damage. Reuters ... examined 29 U.S. bankruptcies that were preceded by mass tort litigation against companies or other entities, many of which included allegations involving dangerous products or sexual abuse. The review found that about 1.2 million claimants in these cases have signed away their rights to sue related parties or face pressure to approve such releases in ongoing bankruptcy-court negotiations. The 29 bankruptcies included those of 14 Catholic dioceses or religious orders and the Boy Scouts of America amid lawsuits alleging child molestation; [and] the collapse of opioid suppliers Purdue Pharma LP and Mallinckrodt plc over their alleged roles in a deadly addiction epidemic.

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

BBC reporter Marianna Spring ... created five fake Americans and opened social media accounts for them, part of an attempt to illustrate how disinformation spreads on sites like Facebook, Twitter and TikTok despite efforts to stop it, and how that impacts American politics. Spring worked with the Pew Research Center in the U.S. to set up five archetypes. Besides the very conservative Larry and very liberal Emma, there's Britney, a more populist conservative from Texas; Gabriela, a largely apolitical independent from Miami; and Michael, a Black teacher from Milwaukee who's a moderate Democrat. Emma is a lesbian who follows LGBTQ groups, is an atheist, takes an active interest in women's issues and abortion rights, supports the legalization of marijuana and follows The New York Times and NPR. These "traits" are the bait, essentially, to see how the social media companies' algorithms kick in and what material is sent their way. That's ... left Spring and the BBC vulnerable to charges that the project is ethically suspect in using false information to uncover false information. "By creating these false identities, she violates what I believe is a fairly clear ethical standard in journalism," said Bob Steele, retired ethics expert. "We should not pretend that we are someone other than ourselves, with very few exceptions." For a story last year, the Wall Street Journal created more than 100 automated accounts to see how TikTok steered users in different directions.

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

Earlier this year, Kik Messenger user "heyyyydude1" was selling a stash of videos he'd amassed of child sexual abuse. One customer, who said he was a 35-year-old father of two, offered to buy 200 videos for $45. "How do I pay?" he asked. "Cash App," heyyyydude1 responded, sending over his payment details and a code for a Cash App referral fee. With each transaction, and many more disturbing videos sent, the seller was unknowingly providing a pile of evidence to an undercover agent with the Immigration and Customs Enforcement's child exploitation unit. Current and former police, as well as nonprofits working directly with cops to fight child exploitation, say that such crimes are often happening via Cash App, which brings in billions in gross profit every year for Block, Inc., the Jack Dorsey-run payments giant formerly known as Square. They say that whether it's to pay for sex with a minor, to send children funds in return for nude images or to traffic a young adult victim, Cash App is often the payment tool of choice. Though it recently launched a Cash App for Teens feature, the company is conspicuously absent from collaborative efforts to fight abuse, failing to provide any tips to the National Center for Missing and Exploited Children (NCMEC), America's national clearing house for sexual abuse material found on tech platforms. Hundreds of pages of court filings describe cases where law enforcement said Cash App was used to either pay for sexualized images or sex with minors and adults.

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

Since Buzzfeed reported in June that employees of TikTok's Chinese parent company ByteDance had access to US consumer data, TikTok has been the focus of rare bipartisan calls for regulation and inquiry. Those inquiries became more pressing when in July, the FBI director, Christopher Wray, called Chinese espionage the "greatest long-term threat to our nation's ... economic vitality". TikTok is a relatively new player in the arena of massive global social media platforms but it's already caught the eye of regulators in Europe. New laws around child safety and general internet safety in the UK and the EU have forced the company to become more transparent about the way it operates and the way content spreads on its platform. In the US, moves to rein in the video platform have gained momentum only relatively recently, although there's little debate that the round of regulatory pressure is warranted. With 1 billion users, the platform, which uses an algorithmic feed to push users short-form videos, has had its fair share of run-ins with misinformation, data privacy and concerns about child safety. Experts the Guardian spoke with did not question the cybersecurity threat China posed. However, some said they worried regulators' hyper-focus on TikTok's China connection could distract from other pressing concerns, including TikTok's algorithm and how much user data the company collects, stores and shares. There are currently no federal regulations that protect such information.

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

Gargantuan profits continue to roll in at Europe's energy giants. London-based Shell reported adjusted earnings of $9.45 billion for the third quarter, its second-highest profit on record. On the same day, Paris-based TotalEnergies reported a profit of $9.9 billion. For both companies, the profits were more than double what they earned in the same period a year ago. Shell and Total, like other energy companies this year, are benefiting from high oil and natural gas prices partly stoked by the war in Ukraine, as Russia squeezes gas flows to Europe. For Shell, the profit was a step down from the record-breaking $11.5 billion it reported for the second quarter, when it received an average of just over $100 a barrel for oil, compared with $93 in the third quarter. Natural gas prices, however, increased in the third quarter. Shell is returning a large chunk of this bounty to shareholders. The company said that it planned to increase its dividend to shareholders for the fourth quarter by 15 percent, to about 29 cents a share. In what may provoke a political storm in Britain, Shell said it had not yet been obliged to pay the "windfall" tax on oil and gas profits enacted earlier this year by the British government. The tax allows companies to deduct capital expenditures.

Note: Once again mega-corporations rake in the cash and stick it to the consumers. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

Pfizer's plan to as much as quadruple U.S. prices for its COVID-19 vaccine next year is beyond Wall Street's expectations and will spur its revenue for years despite weaker than anticipated demand for the new booster shot so far, analysts said. The drugmaker, which developed and sells the vaccine with Germany's BioNTech, said on Thursday evening that it is targeting a range of $110 to $130 a dose for the vaccine once the United States moves to a commercial market next year. Analysts said the move could lead to price hikes by rivals. The companies have varied the pricing during the pandemic, with wealthy countries paying the most for the shots and the poorest countries the least. Wells Fargo analyst Mohit Bansal said the new pricing range for the vaccine could add around $2.5 billion to $3 billion in annual revenue for Pfizer. "This is much higher than our assumption of $50 per shot," Bansal wrote in a research note. Global vaccine access group the People's Vaccine Alliance, which has pushed for Pfizer to allow cheaper copies of the vaccine to be made, called the proposed price hike "daylight robbery." The price range announced by Pfizer represented a more than 10,000% markup over what experts have estimated it costs the vaccine makers to produce the shots.

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

Chemical companies are dodging a federal law designed to track how many PFAS "forever chemicals" their plants are discharging into the environment by exploiting a loophole created in the Trump administration's final months, a new analysis of federal records has found. The Fiscal Year 2020 National Defense Authorization Act put in place requirements that companies discharging over 100lb annually of the dangerous chemicals report the releases to the Environmental Protection Agency (EPA). But during the implementation process, Trump's EPA created an unusual loophole that at least five chemical companies have exploited. PFAS ... accumulate in humans and the environment. A growing body of evidence links them to serious health problems like cancer, birth defects, liver disease and autoimmune disorders. The Trump EPA gave PFAS an unusual exemption under the law that allows companies not to report discharges if the amounts are ... less than 1% of a total mixture. Companies discharging thousands of pounds of PFAS could have gotten their releases under the 1% threshold via several routes. Companies may have added water to PFAS to dilute it to the point that it is below 1%. However, the total amount of PFAS released is still high, and may present a threat once in the environment. Companies may also be using complex mixtures with multiple PFAS. If the companies keep any one PFAS compound below the 1% threshold, then they won't have to report it.

Note: Read more about the risks and dangers of these 'forever chemicals.' For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

Every day, farms across the country use a potentially cancer-causing chemical that is in the world's most common weedkillers. And data shows that it's most used in the Midwest and parts of the South. Glyphosate, the active ingredient in many herbicides, has been in use for nearly 50 years. The World Health Organization's International Agency for Research on Cancer concluded in a 2015 report that the chemical "is probably carcinogenic to humans." Glyphosate's main use is in agriculture. Weedkillers containing it are used on nearly half of all planted acres of corn and soybeans in the U.S. They're also used on acres of farmland where wheat, oats, fruits and cotton are grown. Pesticide residue testing from the FDA found glyphosate residues on a wide variety of crops, including oats, soybeans, cranberries, grapes, raisins, oranges, apples, cherries and beans. A 2020 Department of Health and Human Services report notes that the greatest potential exposure is among farm workers and gardeners that use glyphosate-based herbicides and those who live near farms, manufacturing plants ... and hazardous waste disposal sites. For the general public, the report notes that exposure to glyphosate typically comes by touching or eating food or water containing residues. Some studies have found a link between increased cancer rates and higher levels of exposure. Several peer-reviewed studies have also suggested that herbicides containing glyphosate may disrupt hormones and alter the gut microbiome. 

Note: Don't miss the interactive map of glyphosate usage available at the link above. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health from reliable major media sources.

By next year, half of Medicare beneficiaries will have a private Medicare Advantage plan. Most large insurers in the program have been accused in court of fraud. The health system Kaiser Permanente called doctors in during lunch and after work and urged them to add additional illnesses to the medical records of patients they hadn't seen in weeks. Doctors who found enough new diagnoses could earn bottles of Champagne, or a bonus in their paycheck. Anthem, a large insurer now called Elevance Health, paid more to doctors who said their patients were sicker. And executives at UnitedHealth Group, the country's largest insurer, told their workers to mine old medical records for more illnesses. Each of the strategies – which were described by the Justice Department in lawsuits against the companies – led to diagnoses of serious diseases that might have never existed. But the diagnoses had a lucrative side effect: They let the insurers collect more money from the federal government's Medicare Advantage program. A New York Times review of dozens of fraud lawsuits, inspector general audits and investigations by watchdogs shows how major health insurers exploited the program to inflate their profits by billions of dollars. Eight of the 10 biggest Medicare Advantage insurers – representing more than two-thirds of the market – have submitted inflated bills, according to the federal audits. And four of the five largest players – UnitedHealth, Humana, Elevance and Kaiser – have faced federal lawsuits alleging ... fraud.

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

The main U.S.-based scientific organization at the center of the controversy over the origin of the Covid-19 pandemic has won a new grant from the National Institutes of Health for risky bat coronavirus surveillance research, despite losing a previous award for failing to provide records essential to an investigation into that origin. The grant was awarded September 21 to EcoHealth Alliance, helmed by Peter Daszak, and is titled "Analyzing the potential for future bat coronavirus emergence in Myanmar, Laos, and Vietnam." The new grant comes despite an open congressional investigation into the organization, which has two other ongoing NIH grants and a third in negotiation. The aim of the new research is to identify areas of potential concern for future pandemic emergence in order to help public health authorities suppress an outbreak before it breaks containment. But the process of performing the research introduces the risk of sparking an outbreak that would not otherwise have occurred, a concern highlighted by The Intercept last year: "Virtually every part of the work of outbreak prediction can result in an accidental infection. Even with the best of intentions, scientists can serve as vectors for the viruses they hunt – and as a result, their work may put everyone else's lives on the line along with their own." "It is disturbing that additional funding continues to be awarded for the same high-risk research that may have caused the current pandemic," said [molecular biologist] Richard Ebright.

Note: Watch an excellent interview in which a former EcoHealth Alliance VP turned whistleblower reveals blatant law-breaking and lies committed by Peter Daszak and EcoHealth Alliance. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.

In a cheerfully animated promotional video, a woman narrates Cubic Transportation Systems' vision for the future. Travelers will pay fares using a ticket-free mobile account. Real-time data will be aggregated, linked, and shared. "The more information that is gathered, the more powerful the system becomes," the narrator tells us. "The piece of the puzzle missing ... is you." Over the past decade, Cubic has taken the first steps toward actualizing its vision by snapping up contracts for the development of mobile-based, contactless fare collection systems in eight of America's 10 largest public transit networks. Transit authorities have embraced tap-to-pay technology for its convenience and speed, but privacy advocates are worried that the new fare collection systems pose serious surveillance and security risks. In addition to its transit operation, Cubic is a vast military contractor doing hundreds of millions of dollars in business with the U.S. military and sales to foreign militaries. The company supplies surveillance technologies, training simulators, satellite communications equipment, computing and networking platforms, and other military hardware and software. As Cubic's quiet grip on fare collection takes hold in more cities, the company's ability to process rider data grows with it, creating a sprawling corporate apparatus that has the extraordinary potential to gather up reams of information on the very people it is supposed to serve.

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

In 2018, senior executives at one of the country's largest nonprofit hospital chains, Providence, were frustrated. They were spending hundreds of millions of dollars providing free health care to patients. It was eating into their bottom line. The executives, led by Providence's chief financial officer at the time, devised a solution: a program called Rev-Up. Rev-Up provided Providence's employees with a detailed playbook for wringing money out of patients – even those who were supposed to receive free care because of their low incomes, a New York Times investigation found. If patients did not pay, Providence sent debt collectors to pursue them. More than half the nation's roughly 5,000 hospitals are nonprofits like Providence. They enjoy lucrative tax exemptions; Providence avoids more than $1 billion a year in taxes. In exchange, the Internal Revenue Service requires them to provide services, such as free care for the poor, that benefit the communities in which they operate. But in recent decades, many of the hospitals have become virtually indistinguishable from for-profit companies, adopting an unrelenting focus on the bottom line and straying from their traditional charitable missions. And, as Providence illustrates, some hospital systems have not only reduced their emphasis on providing free care to the poor but also developed elaborate systems to convert needy patients into sources of revenue. The result ... is that thousands of poor patients were saddled with debts that they never should have owed.

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

Every five years, top officials of the Food and Drug Administration go behind closed doors to negotiate the terms of its core budget – about $3 billion this year. But the F.D.A. is not at the table with members of Congress or with White House officials. Instead, it's in dozens of meetings with representatives of the giant pharmaceutical companies whose products the agency regulates. The negotiations are a piece of the "user fee" program in which drug, device and biotech companies make payments to the agency partly to seek product approvals. The fees ... make up nearly half of the F.D.A.'s budget, financing 6,500 jobs at the agency. The pharmaceutical industry funding alone has become so dominant that last year it accounted for three-quarters – or $1.1 billion – of the agency's drug division budget. Advocates for patients and doctors say the agreements have enabled the industry to weaken the approval process meant to ensure that drugs are safe and effective. "It's kind of like a devil's bargain," said Dr. Joseph Ross, a professor at the Yale School of Medicine who has studied F.D.A. policies, "that I think is not in the best interest of the agency, because it turns this every-five-year cycle into the F.D.A. essentially asking industry, 'What can we do to secure this money?'" Senator Bernie Sanders ... suggested that the pharmaceutical companies' tendency to charge "outrageous" prices was related to their significant role in funding and advancing policy goals of the F.D.A.'s drug division.

Note: A revealing interview of a top cardiologist illuminates the history of how Big Pharma has corrupted science and greatly damaged public health. For more along these lines, see concise summaries of news articles on big Pharma corruption from reliable major media sources.

When Covid-19 struck ... four organizations took on roles often played by governments – but without the accountability of governments. While nations were still debating the seriousness of the pandemic, the groups identified potential vaccine makers and targeted investments in the development of tests, treatments and shots. And they used their clout with the World Health Organization to help create an ambitious worldwide distribution plan. The largest and most powerful was the Bill & Melinda Gates Foundation, one of the largest philanthropies in the world. Then there was Gavi, the global vaccine organization that Gates helped to found to inoculate people in low-income nations, and the Wellcome Trust, a British research foundation with a multibillion dollar endowment that had worked with the Gates Foundation in previous years. Finally, there was the Coalition for Epidemic Preparedness Innovations, or CEPI, the international vaccine research and development group that Gates and Wellcome both helped to create in 2017. The organizations spent at least $8.3 million lobbying the U.S. and E.U., according to an analysis of lobbying disclosures. Now, critics are raising significant questions about the equity and effectiveness of the group's response to the pandemic – and the serious limitations of outsourcing the pandemic response to unelected, privately-funded groups.

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

Important Note: Explore our full index to key excerpts of revealing 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.