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Corporate Corruption News Articles
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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.


Billionaire Space Flight Isn't About Colonization. It's Stoking a New Cold War.
2023-04-16, Truthout
https://truthout.org/articles/billionaire-space-flight-isnt-about-colonizatio...

The U.S. has not engaged in a defensive war for nearly 80 years, instead destabilizing governments worldwide in Vietnam, the Korean Peninsula, Iraq, Afghanistan, throughout Africa and across Latin America. Although all weapons of mass destruction in space are technically prohibited by the 1967 Outer Space Treaty, it isn't without precedent for major military powers to withdraw from such treaties. In 2019, President Donald Trump diverged from President Barack Obama's promise he would "not weaponize space," and created an official Space Force. Countersurveillance and counter-communications have been central goals of U.S. military space operations since the 1990s, alongside attaining U.S. "full spectrum dominance" of all potential conflict sites – including space. Space infrastructure ... increases the risk of global nuclear war by presenting new opportunities for armament and hostility. The government's ability to militarize this technology is strongly related to investment and development in the private sector through companies such as Boeing, SpaceX and Blue Origin. The commercial arm of the military-industrial complex is extending into space. Along with Blue Origin, SpaceX has collaborated with DOD in developing rapid global military cargo delivery systems, which the DOD hopes will make for global military logistics – delivery of supplies, weapons and even human soldiers anywhere on earth – in under 60 minutes.

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


Now for sale: Data on your mental health
2023-02-13, Washington Post
https://www.washingtonpost.com/technology/2023/02/13/mental-health-data-brokers/

A study published Monday ... outlines how expansive the market for people's health data has become. After contacting data brokers to ask what kinds of mental health information she could buy, researcher Joanne Kim reported that she ultimately found 11 companies willing to sell bundles of data that included information on what antidepressants people were taking, whether they struggled with insomnia or attention issues, and details on other medical ailments, including Alzheimer's disease or bladder-control difficulties. Some of the data was offered in an aggregate form that would have allowed a buyer to know, for instance, a rough estimate of how many people in an individual Zip code might be depressed. But other brokers offered personally identifiable data featuring names, addresses and incomes, with one data-broker sales representative pointing to lists named "Anxiety Sufferers" and "Consumers With Clinical Depression in the United States." Some even offered a sample spreadsheet. The Health Insurance Portability and Accountability Act, known as HIPAA, restricts how hospitals, doctors' offices and other "covered health entities" share Americans' health data. But the law doesn't protect the same information when it's sent anywhere else, allowing app makers and other companies to legally share or sell the data. Some of the data brokers offered ... opt-out forms. But ... many people probably didn't realize the brokers had collected their information in the first place. Privacy advocates have for years warned about the unregulated data trade, saying the information could be exploited by advertisers or misused for predatory means. The health-data issue has in some ways gotten worse, in large part because of the increasing sophistication with which companies can collect and share people's personal information – including not just in defined lists, but through regularly updated search tools and machine-learning analyses.

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.


How the 'Romeo and Juliet' lawsuit could force Hollywood to reckon with its history of child abuse
2023-01-15, Business Insider
https://www.businessinsider.com/hollywood-history-of-child-abuse-romeo-and-ju...

In the 1960s, 15-year-old Olivia Hussey and 16-year-old Leonard Whiting secured career-making roles in a film that retells the iconic love story of "Romeo and Juliet," the first film to use actors that were similar in age to the characters in the play. They were legally children when they were filmed in the nude together; the performance can now be found on sites meant for pornography. Fifty-five years later, Hussey, now 71, and Whiting, now 72, are suing Paramount Pictures for child abuse. They claim that "Romeo and Juliet" director Franco Zefirelli assured the actors that they would be wearing flesh colored garments and would not be physically nude in the scene. This allegedly changed in the last days of filming when Zefirelli asked the actors to do the scene fully nude with makeup, according to the lawsuit. [Judy] Garland was forced to take barbiturates and other drugs and live on a death-defying diet while working with the studio. Garland wrote in an unpublished autobiography that she was constantly molested behind the scenes by older men, including Louis B. Mayer, the producer and cofounder of MGM. Alyson Stoner was made to act out a rape scene when she was only 6 years old. "At 6 years old, I enter a sterile white room where a stranger stands apathetically behind a camcorder on a tripod. On cue, I perform the scene. This morning, I'm being kidnapped and raped," Stoner wrote. She developed eating disorders – among other health problems – due to stress.

Note: Read more about the disturbing history of child sex abuse in Hollywood from the courageous voices of actor Corey Feldman and Lord of the Rings star Elijah Wood. Explore our archive of revealing reports from reliable media sources on high-level pedophilia and sexual abuse.


Epstein's sex trafficking was aided by JPMorgan, a U.S. Virgin Islands lawsuit says
2022-12-30, NPR
https://www.npr.org/2022/12/30/1146221454/epstein-jpmorgan-virgin-islands-law...

The government of the U.S. Virgin Islands alleges in a lawsuit filed this week that JPMorgan Chase "turned a blind eye" to evidence that disgraced financier Jeffrey Epstein used the bank to facilitate sex-trafficking activities on Little St. James, the private island he owned in the territory until his 2019 suicide. In a more than 100-page complaint filed by U.S.V.I. Attorney General Denise George in the Southern District of New York in Manhattan on Tuesday, the territory alleges that JPMorgan failed to report Epstein's suspicious activities and provided the financier with services reserved for high-wealth clients after his 2008 conviction for soliciting a minor for prostitution in Palm Beach, Fla. The complaint says the territory's Department of Justice investigation "revealed that JP Morgan knowingly, negligently, and unlawfully provided and pulled the levers through which recruiters and victims were paid and was indispensable to the operation and concealment of the Epstein trafficking enterprise." It accused the bank of ignoring evidence for "more than a decade because of Epstein's own financial footprint, and because of the deals and clients that Epstein brought and promised to bring to the bank." "These decisions were advocated and approved at the senior levels of JP Morgan," it said. The bank allegedly "facilitated and concealed wire and cash transactions that raised suspicion of – and were in fact part of – a criminal enterprise whose currency was the sexual servitude of dozens of women and girls," according to the complaint.

Note: Just days after filing the lawsuit against JP Morgan Chase, the district attorney of US Virgin Islands was fired. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein's sex trafficking ring from reliable major media sources.


Wells Fargo ordered to pay $3.7 billion for ‘illegal activity' including unjust foreclosures and vehicle repossessions
2022-12-20, CNN News
https://www.cnn.com/2022/12/20/investing/wells-fargo-cfpb-foreclosure-fine/in...

Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday for "widespread mismanagement" over multiple years that harmed over 16 million consumer accounts. Wells Fargo's "illegal activity" included repeatedly misapplying loan payments, wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and interest and charging surprise overdraft fees. The CFPB ordered Wells Fargo to pay the $1.7 billion civil penalty in addition to more than $2 billion to compensate consumers for a range of "illegal activity." CFPB officials say this is the largest penalty imposed by the agency. The misconduct described by the CFPB echoes previously reported revelations that have emerged about Wells Fargo since 2016 when the bank's fake-accounts scandal created a national firestorm. "Wells Fargo's rinse-repeat cycle of violating the law has harmed millions of American families," Rohit Chopra, the CFPB's director, said in a statement. Chopra noted that the settlement does not provide immunity for individuals at Wells Fargo, and the agency recognizes the $3.7 billion in fines and restitution will not fix the bank's problems. Although Chopra credited Wells Fargo with making some progress, he said it's not clear "they are making rapid enough progress" and said the agency is concerned that the bank's product launches, growth initiatives and profit-boosting efforts have "delayed needed reform."

Note: In 2016, Wells Fargo was caught opening millions of fake accounts in its customers' names. For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.


Why the government fails to limit many dangerous chemicals in the workplace
2022-12-15, NPR
https://www.npr.org/sections/health-shots/2022/12/15/1142915184/ortho-toluidi...

The permissible exposure limit for ortho-toluidine is 5 parts per million in air, a threshold based on research conducted in the 1940s and '50s without any consideration of the chemical's ability to cause cancer. Despite ample evidence that far lower levels can dramatically increase a person's cancer risk, the legal limit has remained the same. Paralyzed by industry lawsuits from decades ago, the Occupational Safety and Health Administration has all but given up on trying to set a truly protective threshold for ortho-toluidine and thousands of other chemicals. The agency has only updated standards for three chemicals in the past 25 years; each took more than a decade to complete. David Michaels, OSHA's director throughout the Obama administration, [said] that legal challenges had so tied his hands that he decided to put a disclaimer on the agency's website saying the government's limits were essentially useless: "OSHA recognizes that many of its permissible exposure limits (PELs) are outdated and inadequate for ensuring protection of worker health." The agency has also allowed chemical manufacturers to create their own safety data sheets, which are supposed to provide workers with the exposure limits and other critical information. OSHA does not require the sheets to be accurate or routinely fact-check them. As a result, many fail to mention the risk of cancer and other serious health hazards. Almost one-third of more than 650 sheets for dangerous chemicals contain inaccurate warnings.

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.


BBC tries to understand politics by creating fake Americans
2022-11-04, Associated Press
https://apnews.com/article/us-elections-misinformation-social-media-BBC-ameri...

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.


Meltdowns Have Brought Progressive Advocacy Groups to a Standstill at a Critical Moment in World History
2022-06-13, The Intercept
https://theintercept.com/2022/06/13/progressive-organizing-infighting-callout...

Planned Parenthood, NARAL Pro-Choice America, and other reproductive health organizations [have] been locked in knock-down, drag-out fights between competing factions of their organizations ... which has, more or less, effectively ceased to function. The Sierra Club, Demos, the American Civil Liberties Union, Color of Change, the Movement for Black Lives, Human Rights Campaign, Time's Up, the Sunrise Movement, and many other organizations have seen wrenching and debilitating turmoil in the past couple years. In fact, it's hard to find a Washington-based progressive organization that hasn't been in tumult, or isn't currently in tumult. This is a caricature of the left: spend more time in meetings ... fighting with each other than changing the world. It has become nearly all-consuming for some organizations, spreading beyond subcultures of the left and into major liberal institutions. "My last nine months, I was spending 90 to 95 percent of my time on internal strife," [a] former executive director said. [Activist Loretta] Ross, in an essay for the New York Times, ends with a call for grace. "I say to people today, as a survivor of COINTELPRO," she told me, referring to the FBI scheme to infiltrate and disrupt leftist movements by sowing internal dissension, "if you're more wedded to destabilizing an organization than unifying it, part of me is gonna think you're naĂŻve, and the other part of me is gonna think you're a plant. And neither one of those is going to look good on you."

Note: Watch Loretta Ross's powerful Ted Talk on simple tools to help shift our culture from fighting each other to working together in the face of polarizing social issues. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


Inside Payless’s elaborate prank to dupe people into paying $600 for shoes
2018-11-30, Washington Post
https://www.washingtonpost.com/business/2018/11/30/they-had-us-fooled-inside-...

A mini-runway, lined with stiletto heels, glistens in bright fluorescent lighting. Shoes of various types sit neatly in individual glass shelves. It was a private launch party of a new luxury brand of shoes called Palessi, designed by Italian designer Bruno Palessi. “I would pay $400, $500.’” a woman said as she tried on a pair of bright-gold sneakers. The woman was not actually buying a Palessi because there’s no such brand, and there’s no Bruno Palessi. There is, however, Payless ShoeSource, a discount shoe retailer hoping to shake things up through an ... advertising prank to attract new customers and change the perception that the company sells cheap, unfashionable shoes. The prank also points to a reality about the human mind: Consumers are not capable of discerning the quality and value of the things they buy, said Philip Graves, a consumer behavior consultant. Slap a fancy-sounding European label on $30 shoes, and you have an illusion of status that people will pay an exorbitant amount of money for. On the day of the launch ... after attendees purchased overpriced shoes ― some for $200, $400 and $600 ― they were taken toward the backroom, where the prank was revealed. “You’ve got to be kidding me,” said [one attendee], her eyes wide as she stared down at the overpriced shoes in her hands. “Consumers have been paying hugely inflated prices,” [said Graves]. “Some of the pleasures that we get from things that we buy come from the money we spent on them.”

Note: While this marketing prank demonstrated the public's willingness to ignore product quality in evaluating the cost of purchases, a much more serious study recently found that the average CEO-to-worker pay ratio has now reached 339 to 1 across US companies.


Millions of Americans Have Lost Jobs in the Pandemic — And Robots and AI Are Replacing Them Faster Than Ever
2020-08-06, Time magazine
https://time.com/5876604/machines-jobs-coronavirus/

For 23 years, Larry Collins worked in a [toll] booth. But one day in mid-March, as confirmed cases of the coronavirus were skyrocketing, Collins’ supervisor called and told him not to come into work the next day. Collins’ job was disappearing, as were the jobs of around 185 other toll collectors at bridges in Northern California, all to be replaced by technology. The drive to replace humans with machinery is accelerating as companies struggle to avoid workplace infections of COVID-19 and to keep operating costs low. The U.S. shed around 40 million jobs at the peak of the pandemic. Some will never return. One group of economists estimates that 42% of the jobs lost are gone forever. This replacement of humans with machines may pick up more speed in coming months as companies move from survival mode to figuring out how to operate while the pandemic drags on. Robots could replace as many as 2 million more workers in manufacturing alone by 2025. “Look at the business model of Google, Facebook, Netflix. They’re not in the business of creating new tasks for humans,” says Daron Acemoglu, an MIT economist. The U.S. government incentivizes companies to automate, he says, by giving tax breaks for buying machinery and software. A business that pays a worker $100 pays $30 in taxes, but a business that spends $100 on equipment pays about $3 in taxes, he notes. The 2017 Tax Cuts and Jobs Act lowered taxes on purchases so much that “you can actually make money buying equipment,” Acemoglu says.

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


Meta's new AI is skilled at a ruthless, power-seeking game
2022-12-01, Washington Post
https://www.washingtonpost.com/technology/2022/12/01/meta-diplomacy-ai-cicero/

Researchers at Meta, the parent company of Facebook, have unveiled an artificial intelligence model, named Cicero after the Roman statesman, that demonstrates skills of negotiation, trickery and forethought. More often than not, it wins at Diplomacy, a complex, ruthless strategy game where players forge alliances, craft battle plans and negotiate to conquer a stylized version of Europe. It is the latest evolution in artificial intelligence, which has experienced rapid advancements in recent years that have led to dystopian inventions, from chatbots becoming humanlike, to generated art becoming hyper-realistic, to killer drones. Cicero, released in November, was able to trick humans into thinking it was real, according to Meta, and can invite players to join alliances, craft invasion plans and negotiate peace deals when needed. Its mastery of language surprised some scientists and its creators, who thought this level of sophistication was years away. But experts said its ability to withhold information, think multiple steps ahead of opponents and outsmart human competitors sparks broader concerns. This type of technology could be used to concoct smarter scams that extort people or create more convincing deep fakes. "It is a great example of just how much we can fool other human beings," said Kentaro Toyama, a professor and artificial intelligence expert ... who read the Meta paper. "These things are super scary" and "could be used for evil."

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


COVID vaccines are set to be among the most lucrative pharmaceutical products ever
2021-11-24, NPR
https://www.npr.org/2021/11/24/1059041725/covid-vaccines-are-set-to-be-among-...

This year, Pfizer expects to bring in $36 billion from worldwide sales of its COVID-19 vaccine. That would shatter the previous record in annual sales for a single pharmaceutical product - about $20 billion for the anti-inflammatory drug Humira - and make the Pfizer vaccine the bestselling pharmaceutical product ever. Moderna will deliver fewer doses but is still expecting up to $18 billion in sales for the year for its COVID-19 vaccine. Humira, has been ... churning out tens of billions of dollars a year for multiple years on end. And it's not entirely clear that the mRNA vaccines will do that. Just because Pfizer and Moderna are selling billions of doses now doesn't mean that will last forever. The vaccines could work so well they eliminate the need for further boosters, though it's also possible COVID shots could become routine, like flu shots. The uncertainty puts a premium on maximizing sales now. Any vaccine manufacturer is going to realize that there's a risk that they're going to have a very short lifecycle. Moderna got a lot of government funding, offsetting costs and minimizing risks. But the COVID-19 vaccine is its only product on the market. Pfizer, on the other hand, didn't accept early government investment and took on a lot of those upfront costs itself. But it has dozens of other products in its portfolio that it makes and will continue to make once the pandemic ends.

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


'Medication or housing': why soaring insulin prices are killing Americans
2019-09-23, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/society/2019/sep/23/diabetes-americans-soaring-in...

Jada Renee Louis of Newport News, Virginia, died on 22 June 2019 about a week after requiring emergency hospital care for diabetic ketoacidosis, a serious complication caused by a lack of insulin, and a foot ulcer. She was 24. A type 1 diabetic, Louis, who did not have health insurance coverage, couldn’t afford the cost of her insulin doses and pay her rent. She chose to skip doses in order to pay her rent. Today a vial of insulin – which will last 28 days once opened – costs about $300 in the US. “People are literally dying over $300 like my sister did. People shouldn’t have to choose between medications or shelter. That’s the most outrageous decision for somebody to have to make, yet people are doing it daily,” Jazmine Baldwin, Louis’s sister, [said]. Price gouging of insulin and other barriers to accessing it are symptomatic of America’s broken healthcare system, diabetes advocates argue, and the resulting deaths and struggles of those with diabetes demonstrate the need for systemic reforms. Between 2012 to 2016, the average cost of insulin in the United States nearly doubled to $5,705 per year for individuals with type 1 diabetes. Production costs for a vial of insulin are estimated to cost around $5 while pharmaceutical companies charge as high as $540 per vial and Americans are dying as a result of being unable to afford it in addition to the expensive costs of medical care, and supplies such as syringes and glucose monitors. Some 1.25 million Americans are currently diagnosed with type 1 diabetes.

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


In a MAHA win, House passes Farm Bill stripped of language that would have protected pesticide companies
2026-04-30, The New Lede
https://www.thenewlede.org/2026/04/in-a-maha-win-house-passes-farm-bill-strip...

Federal lawmakers on Thursday passed the House version of the Farm Bill, removing controversial language that would have provided some protections for pesticide companies facing lawsuits over alleged health harms. Members of the US House of Representatives voted 280-142 to pass an amendment to the bill striking sections that would have established "nationwide uniformity for pesticide labeling" effectively preventing states from leveraging labeling requirements aimed at protecting consumers. The provisions were aimed at blocking "failure to warn" claims against pesticide manufacturers like Bayer, which has been sued by more than 100,000 people around the US alleging the company failed to warn that glyphosate herbicides could cause cancer. The amendment ... also eliminates language that would have prevented states and local communities from establishing no-spray zones near schools, as well as a mandate that would have weakened protections from pesticide discharge for waterways. Even with the removal of pesticide preemption language ... the House Farm Bill includes the Ending Agricultural Trade Suppression Act (EATS or Save our Bacon Act), a measure that would prevent state and local governments from "interfering" with interstate commerce by blocking their ability to pass ag policies. These include laws such as California's Prop 12, which promotes humane treatment of livestock.

Note: Our Substack, "The Pesticide Crisis Reveals The Dark Side of Science. We Have The Solutions to Regenerate," uncovers the scope of Bayer/Monsanto's media propaganda machine and the widespread conspiracy to poison our food, air, and along with the powerful remedies and solutions to this crisis. For more along these lines, read our concise summaries of news articles on factory farming and toxic chemicals.


Explosive Audio Exposes Epstein Pitching Palantir to Former Israeli PM Ehud Barak
2026-02-03, International Business Times
https://www.ibtimes.co.uk/explosive-audio-exposes-epstein-pitching-palantir-f...

Newly surfaced audio recordings appear to capture Jeffrey Epstein advising former Israeli prime minister Ehud Barak on the tech company Palantir, raising fresh questions about Epstein's global intelligence connections and influence. The recordings feature Epstein attempting to introduce Barak to Peter Thiel, Palantir's billionaire co-founder, describing the company and its potential board positions. Epstein's pitch highlighted the influence of major venture capital firms, including Andreessen Horowitz, positioning himself as the connector for powerful business and intelligence networks. Barak, a former head of Israeli military intelligence, later founded a security company reportedly invested in by Epstein, further fueling speculation about Epstein's ties to intelligence operations. Analysts note that Epstein's discussions with Barak blend technology advisory with geopolitical reach, suggesting that Palantir's capabilities may have been leveraged as part of broader influence operations. Previously released documents indicate he filed Freedom of Information Act (FOIA) requests with the CIA in 1999 and again in 2011, seemingly seeking acknowledgement of past affiliations. Additional FBI reports, now partially confirmed by the recordings, describe Epstein as a confidential human source with ties to both US and allied intelligence services. Conversations with Alan Dershowitz reportedly involved debriefs with Mossad.

Note: Read our latest in-depth Epstein files investigation, titled "Beyond Sex Trafficking–Zorro Ranch and a Darker Scientific Agenda." Listen to the audio clip of Jeffrey Epstein promoting Palantir to Ehud Barak. Read how Palantir helped the NSA spy on the entire planet. For more along these lines, read our concise summaries of news articles on Jeffrey Epstein's crime ring and intelligence agency corruption.


New Senate Report Details How Private Equity 'Devastates' Hospital Systems
2025-08-20, Common Dreams
https://www.commondreams.org/news/private-equity-hospitals-2673905282

A US senator on Wednesday released a report that detailed how private equity firms have ruined hospitals in his home state and across the country. The report from Sen. Chris Murphy (D-Conn.) documented what happened when three Connecticut hospitals–Waterbury Hospital, Rockville General, and Manchester Memorial–were bought by Prospect Medical Holdings, a private equity-backed healthcare firm. Ramona, an operating room assistant at Waterbury Hospital cited in the report, explained how Prospect went to extreme lengths to avoid spending money. She explained to Murphy that Prospect at one point stopped paying vendors, which resulted in supplies eventually growing "so scarce patients were sometimes left on the operating table while staff scrambled" to find the necessary equipment. Staff members eventually started buying supplies themselves, with some even going so far as to buy food for their patients to ensure that they did not go hungry. Prospect didn't just skimp on buying supplies for the hospitals but also on maintaining the buildings themselves. A unit secretary at Waterbury Hospital named Carmen told Murphy's staff of two instances where the ceiling at the building literally fell down due to years of neglect. Murphy's report also emphasized that the story of private equity stripping hospitals for parts is not unique to his state. "The story of these three Connecticut hospitals is playing out in healthcare systems all over the country," it said.

Note: According to this Guardian article, "More and more people, especially the relatively poor, may live almost their entire lives in systems owned by one or another private equity firm: financiers are their landlords, their electricity providers, their ride to work, their employers, their doctors, their debt collectors." For more along these lines, read our concise summaries of news articles on health and financial system corruption.


FDA Approved – And Ineffective
2025-06-05, The Lever
https://www.levernews.com/fda-approved-and-ineffective/

The woman, in her 60s, was losing her eyesight. [She] happened to be taking Elmiron, a drug for a bladder condition called interstitial cystitis. By the end of 2024, hundreds of patients on Elmiron had suffered vision loss or blindness. Others taking the drug were even more unlucky. Dozens of patient deaths associated with Elmiron were reported to the Food and Drug Administration (FDA), and 45 patients were hospitalized with severe colitis. Another problem? There's no good evidence that Elmiron works. When the government approved Elmiron in 1996, the manufacturer provided close to zero data that the drug effectively treated interstitial cystitis. Elmiron is just one of hundreds of drugs that have been approved by the FDA over the last several decades on the basis of flimsy or nonexistent evidence. Drug companies have been allowed to market hundreds of prescription drugs to doctors and sell them to unsuspecting patients despite glaringly inadequate evidence that they offer any benefit and in many cases amid clear signs that they pose a risk of serious, often irreparable harm. From January 2013 until Dec. 31, 2022, the FDA approved 429 drugs, most of which were authorized on the basis of inadequate evidence that they worked, according to a database of government records created for this investigation. In the U.S. alone, an estimated 128,000 people are killed each year by side effects of prescription drugs that are properly prescribed. That number excludes opioid overdoses and is more than deaths from all illegal drugs combined.

Note: This article is also available here. A JAMA study reveals how Big Pharma spends more on ads for low-benefit drugs to push consumer demand for treatments doctors are less likely to prescribe. For more along these lines, read our concise summaries of news articles on government corruption and Big Pharma profiteering.


Nearly 60% of doctors take money from Big Pharma. Is your doctor one?
2025-05-17, Yahoo News
https://www.yahoo.com/news/nearly-60-doctors-money-big-040526146.html

Joan Doyle trusts her doctors. Between her husband's epilepsy and diabetes, her daughter's Down syndrome and her own car accident years ago, the 65-year-old Sharonville resident and her family have relied on a whole host of doctors to guide them through new diagnoses and prescriptions. So when she searched her family's doctors in Open Payments, a public database that shows which doctors have received money from Big Pharma, Doyle was curious about what she'd find. "Certainly none of my doctors are on this list," she remembered thinking before searching the database. She was surprised. "Every single one of them," Doyle said. "Everybody from our dentist to our family doctor to all of our ologists." All 12 of the doctors Doyle searched accepted payments or in-kind forms of compensation from pharma or medical device companies between 2017 and 2023. The total sum varied widely, from less than $300 for her OB-GYN to more than $150,000 for her husband's oncologist. Payments like these are pervasive: A 2024 analysis found that more than half of doctors in the U.S. accepted a payment from a pharmaceutical or medical device company over the past decade. Most don't earn millions of dollars ... but research shows that when a doctor was bought a single meal of less than $20 by a drug company, they were up to twice as likely to prescribe the medication the company was marketing.

Note: 60% of U.S. doctors who shaped the DSM-5-TR–the "bible" of psychiatric diagnosis–received $14.2 million from the drug industry, raising concerns over conflicts of interest in psychiatric guidelines. For more along these lines, read our concise summaries of news articles on health and Big Pharma profiteering.


Why we can't stop eating ultra-processed foods
2025-01-16, CBC (Canada's public broadcasting system)
https://www.cbc.ca/documentaries/the-nature-of-things/why-we-can-t-stop-eatin...

Around the world, the risks of developing diet-related health issues such as Type 2 diabetes, obesity and cardiovascular disease are rapidly rising. "We're in the middle of a food crisis, but we can't stop eating," says British-Canadian medical doctor Chris van Tulleken in the documentary Foodspiracy. "The evidence is increasingly clear that pre-prepared, packaged, highly processed food is linked to weight gain and obesity, some cancers, dementia, Type 2 diabetes and early death from all causes," van Tulleken says. UPFs are usually cheap and convenient. They've also been engineered to be, quite literally, irresistible by corporations with access to teams of scientists and cutting-edge technology. "The theory is because you're expecting protein that never arrives, you kind of reach for the next chip or the next forkful of noodles because you're going, 'Well, where? Why? Why didn't I get the nutrients?'" says van Tulleken. As a result, we eat – and buy – way more than we should, simply because our bodies don't understand how much we've actually eaten. This is called "vanishing caloric density." It's not just the taste and texture of ultra-processed foods that leave you wanting more: it's everything. "It has all been engineered to get you to eat more," says van Tulleken. "From the pictures on the boxes, all the way through to the mouthfeel, the way it cuts ... the viscosity. There's the ad, the jingle, the cartoon characters. All of it is ultra-processing."

Note: For more along these lines, read our concise summaries of news articles on health and food system corruption.


Their Fertilizer Poisons Farmland. Now, They Want Protection From Lawsuits.
2024-12-06, New York Times
https://www.nytimes.com/2024/12/06/climate/sludge-fertilizer-synagro-lobbying...

For decades, a little-known company now owned by a Goldman Sachs fund has been making millions of dollars from the unlikely dregs of American life: sewage sludge. Synagro, sells farmers treated [sewage] sludge from factories and homes to use as fertilizer. But that fertilizer, also known as biosolids, can contain harmful "forever chemicals" known as PFAS linked to serious health problems including cancer and birth defects. Farmers are starting to find the chemicals contaminating their land, water, crops and livestock. Just this year, two common types of PFAS were declared hazardous substances by the Environmental Protection Agency under the Superfund law. Now, Synagro is part of a major effort to lobby Congress to limit the ability of farmers and others to sue to clean up fields polluted by the sludge fertilizer. In a letter to the Senate Committee on Environment and Public Works in March, sludge-industry lobbyists argued that they shouldn't be held liable because the chemicals were already in the sludge before they received it and made it into fertilizer. [Synagro's] earnings hit $100 million to $120 million last year. An investment fund run by Goldman Sachs ... acquired Synagro in 2020 in a deal reported to be worth at least $600 million. As concerns over PFAS risks have grown, Synagro has stepped up its lobbying. Chemical giants 3M and DuPont, the original manufacturers of PFAS, for decades hid evidence of the chemicals' dangers. The chemicals are now so ubiquitous ... that nearly all Americans carry PFAS in their bloodstream. As many as 200 million Americans are exposed to PFAS through tap water.

Note: Remember when Goldman Sachs once asked in a biotech research report: "Is curing patients a sustainable business model?" For more along these lines, read our concise summaries of news articles on toxic chemicals and food system corruption.


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