Government 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.

The leak of new information on the Trans-Pacific Partnership agreement (TPP) shows the mega-trade deal could provide more ways for multinational corporations to influence Australia’s control of its pharmaceutical regulations. Revealed via Wikileaks, the annexe on “transparency and procedural fairness for pharmaceutical products and medical devices” uncovered the draft agreements regarding medicines between the 12 TPPA member countries [representing] 40% of the world’s economy. The leaked text, dated December 2014, laid out the draft rules for member countries regarding medicines under national health care programs, in Australia’s case, the Pharmaceutical Benefits Scheme (PBS). This ‘transparency’ annexe seeks to erode the processes and decisions of agencies that decide which medicines and medical devices to subsidise the public money and by how much. That will mean fewer medicines are subsidised, or people will pay more as co-payments. However, [trade minister Andrew] Robb said ... that the government would not accept anything that would adversely affect the PBS. Parliamentarians were offered the chance to see the TPP draft by Robb [only] if they agreed to a four year non-disclosure agreement. Senator Peter Whish-Wilson ... who has not seen the draft as he refused to agree to the terms of the agreement, said the latest leak suggested the Australian PBS could be undermined.

Note: The Trans-Pacific Partnership may be a pending disaster. But we do not know for sure, because its contents remain secret. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.

The US government does not keep a comprehensive record of people killed by law enforcement, often leaving families, politicians and advocates powerless to quantify and analyse the size of the issue at hand. The lack of data has been glaring amid the protests, riots and the national debate set in motion by the fatal police shooting of Michael Brown last summer in Ferguson, Missouri. “We lack the ability right now to comprehensively track the number of incidents,” the outgoing US attorney general Eric Holder said before stepping down earlier this year. “Fixing this is an idea that we should all be able to unite behind.” The Guardian has begun an investigative project, The Counted, to record the deaths of people at the hands of US police. When informed of the comprehensive reporting project, which will also be crowdsourced, the families of those whose deaths led to international attention called The Counted a breakthrough. [Many] relatives, campaign groups, activists and authorities ... argue that a national standard of mandatory accounting is a prerequisite for an informed public discussion about the use of force by police. Erica Garner-Snipes, daughter of Eric Garner: "Giving this kind of data to the public is a big thing. Other incidents like murders and robberies are collected, so why not police-involved killings? With better records, we can look at what is happening and what might need to change."

Note: Another recent Guardian article, titled The Uncounted, describes why the U.S. government claims it is unable to keep track of killings by police, but does not mention that police shootings rise as crime falls.

Grant David Gillham, former legislative staffer ... knows how to work the system. Three major manufacturers of fire retardants went to the right person in 2007 when they enlisted him to help defeat legislation that would ban two classes of retardants believed to cause cancer. Their instructions to him: Don’t worry about the science. Run a political campaign. Oh, and by the way, he was not to reveal his association with the industry. Now Gillham is speaking out in a big way, and his story ... illustrates the extent to which the legislative process can be manipulated. The chemical industry’s main trade group, the American Chemistry Council, denied any connection with Gillham after a 2012 Chicago Tribune series exposed that the advocacy group he created, Citizens for Fire Safety, was not as it claimed, “a coalition of fire professionals, educators, community activists, burn centers, doctors, fire departments and industry leaders,” [but] was funded by three manufacturers who controlled 40 percent of the global market for the targeted chemicals. The strategy worked in California — Leno’s bill to ban chlorinated and brominated fire retardants died on the Senate floor on Aug. 26, 2008 — and Citizens for Fire Safety went on to help defeat similar bills in other states. The manufacturers’ claims of the lifesaving benefits of fire retardants have been contradicted by scientific studies that suggests their flame-resisting properties are minimal, and are more than offset by their negative effect in making fires more toxic.

Note: For more along these lines, see concise summaries of deeply revealing stories about manipulation of mass media and corporate corruption from reliable sources.

Edward Snowden is in exile in Moscow. He's still hard at work. Whatever he's working on, the former NSA contractor who exposed controversial US surveillance practices, says it's much tougher than his last gig. "The fact is I was getting paid an extraordinary amount of money for very little work with very little in the way of qualifications. That's changed significantly," Snowden said in an event at Stanford University on Friday, via teleconference from Moscow. Last week, a federal appeals court ruled that the NSA's massive collection of Americans' phone records is illegal — a victory for Snowden, who revealed the existence of the surveillance program in the documents he leaked to the press. Snowden said in the teleconference that he worked with reporters so that there could be a system of checks and balances, and noted that he did not publish a single document himself. Still, he couldn't leak his secrets anonymously to the reporters because his colleagues' livelihoods would have been at risk as well if the NSA conducted a witch-hunt, Snowden said. "Whistleblowers are elected by circumstance. Nobody self nominates to be a whistleblower because it’s so painful," Snowden said, [and] emphasized that he doesn't see himself as a hero or a traitor, but he had just reached the tipping point where he needed to do something.

Note: For more along these lines, see concise summaries of deeply revealing news articles about government corruption and the erosion of privacy rights from reliable major media sources.

Rocco Galati has taken on a case for a group called the Committee for Monetary and Economic Reform, or COMER, which wants the central bank to return to the practice of lending federal and provincial governments interest-free money for infrastructure. "They felt it was important in the face of the financial sector meltdown in 2008, the banking meltdown, and the drastic reduction and elimination of human capital infrastructure such as health care, universities and basically the stuff that the Bank of Canada from 1938 to 1974 funded," Galati, [a Toronto lawyer], said. The Bank of Canada was set up in 1935 in the wake of the Great Depression to provide a means for settling international accounts and to provide interest-free loans to government to finance infrastructure investments. But in 1974, the central bank stopped providing interest-free loans to government so it could join the Bank for International Settlements, a kind of central bank of central banks. Galati argues that from then on private banks became government's lender, contravening the act that established the central bank. He has launched legal action, beginning in 2011, to rule on the constitutionality of the central bank's current role. His argument is that private banks are dictating the terms of Canadian debt, usurping the role of the Bank of Canada. "My hope is that the court declare that the government is bound by the legislation and cannot simply hand over that decision-making to foreign private bankers," Galati said.

Note: Don't miss the excellent video on this case at the link above. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the financial industry.

An appeal tribunal has ordered the United Nations to immediately lift the suspension of a whistleblower who disclosed the alleged sexual abuse of children by peacekeeping troops in Africa to the French authorities. A judge said on Wednesday the decision to suspend Anders Kompass, the director of field operations for the Office of the High Commissioner for Human Rights, was “prima facie unlawful”. He ordered his employers in the UN to lift his suspension immediately to prevent further damage to his reputation. Kompass leaked an internal UN report on the alleged sexual abuse of children by French troops in Central African Republic to French prosecutors last summer. The French immediately mounted an investigation and revealed last week they were investigating up to 14 soldiers for alleged abuse, [and] wrote to thank Kompass for passing on the internal report detailing the abuse. In his statement to the dispute tribunal, Kompass said he had suffered damage to his reputation as a result of the suspension and allegations being made against him by the UN. His lawyers state: “The applicant [Kompass] has an unblemished employment record and his competence and integrity, which have never been questioned throughout his career, are cast into doubt by the contested decision; the publicity of the process resulting from him having been placed on administrative leave leads to an exacerbation of the reputational damage … each day the administrative leave continues.”

Note: Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. For more along these lines, see concise summaries of deeply revealing news articles about sexual abuse scandals from reliable major media sources.

About once a month, staff members of the congressional intelligence committees drive across the Potomac River to C.I.A. headquarters in Langley, Va., and watch ... footage of drone strikes. The screenings have provided a veneer of congressional oversight. The C.I.A.s killing missions are ... unlikely to change significantly despite President Obamas announcement on Thursday that a drone strike accidentally killed two innocent hostages, an American and an Italian. Michael DAndrea ... was chief of operations during the birth of the agencys detention and interrogation program and then, as head of the C.I.A. Counterterrorism Center, became an architect of the targeted killing program. He presided over the growth of C.I.A. drone operations and hundreds of strikes. Mr. DAndrea was a forceful advocate for the drone program. He was particularly effective in winning the support of Senator Dianne Feinstein, the California Democrat who was chairwoman of the Senate Intelligence Committee until January. The confidence Ms. Feinstein and other Democrats express about the drone program ... stands in sharp contrast to the criticism among lawmakers of the now defunct C.I.A. program to capture and interrogate Qaeda suspects in secret prisons. When Ms. Feinstein was asked in a meeting with reporters in 2013 why she was so sure she was getting the truth about the drone program while she accused the C.I.A. of lying to her about torture, she seemed surprised. Thats a good question, actually.

Note: The CIA has been aware that drone strikes are ineffective since at least 2009. If drones help terrorists, almost always miss their intended targets, and may be used to target people in the US in the future, what are the real reasons for the US government's drone program?

To wage war in Yemen, Saudi Arabia is using F-15 fighter jets bought from Boeing. Pilots from the United Arab Emirates are flying Lockheed Martin’s F-16 to bomb both Yemen and Syria. Soon, the Emirates are expected to complete a deal with General Atomics for a fleet of Predator drones to run spying missions in their neighborhood. As the Middle East descends into proxy wars, sectarian conflicts and battles against terrorist networks, countries in the region that have stockpiled American military hardware are now actually using it and wanting more. American defense firms are following the money. Boeing opened an office in Doha, Qatar, in 2011, and Lockheed Martin set up an office there this year. Lockheed created a division in 2013 devoted solely to foreign military sales, and the company’s chief executive, Marillyn Hewson, has said that Lockheed needs to increase foreign business — with a goal of global arms sales’ becoming 25 percent to 30 percent of its revenue. Daryl Kimball, executive director of the Arms Control Association ... said he viewed the increase in arms sales to the region “with a great deal of trepidation, as it is leading to an escalation in the type and number and sophistication in the weaponry in these countries.” Meanwhile, the deal to sell Predator drones to the Emirates is nearing final approval. If the sale goes through, it will be the first time that the drones will go to an American ally outside of NATO.

Note: If you look at history from the viewpoint that most wars are fostered and enflamed by the military-industrial complex, a lot of things make sense. Read a powerful essay by a top US general exposing the war machine titled "War is a Racket." For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.

A report showing that more than half the $100 million the city of Los Angeles spends each year on homelessness goes to police demonstrates that the city is focused on enforcement rather than getting people off the streets. This city is doing almost nothing to advance housing solutions but continues down the expensive and inhumane process of criminalization that only makes the problem worse," said Becky Dennison of Los Angeles Community Action Network. Almost 15,000 people the LAPD arrested in 2013 were homeless, or 14% of those arrested, according to the report from the city administrative office. Labor costs for the arrests were estimated between $46 million and $80 million. Officer Deon Joseph, a longtime skid row senior lead officer ... said he frequently arrests the same people over and over because of the revolving door for mentally ill people and others between the jails and prisons and skid row. "I do not believe prison is the answer for most people struggling with mental issues," Joseph wrote. "Sadly in today's system we have to wait until they commit a violent crime to get them 'help' in a jail cell. The report ... was commissioned by the City Council’s housing committee, which questioned why the homeless population grew 9% between 2011 and 2013 even as the city contributed millions to the homeless authority.

Note: When poverty and mental illness are criminalized, the prison industrial complex has an endless supply of slave labor under a corrupt government.

A report on lab safety at the U.S. Centers for Disease Control and Prevention put together by a committee of external experts calls the agency's commitment to safety "inconsistent and insufficient." The report, which was completed in January but posted on the agency's website this week, also says "laboratory safety training is inadequate." An external group of 11 experts in biosafety, laboratory science and research [say] in the report [that] they are "very concerned that the CDC is on the way to losing credibility." The agency created the advisory group to improve lab safety in July in the wake of two mishaps and other issues that were uncovered. One incident occurred in June when dozens of employees in a bioterrorism lab working with the deadly anthrax virus, were at risk because of a failure to properly follow sterilization techniques. The head of that lab resigned after the incident. This followed a May incident in which avian influenza samples, thought to not be dangerous, were unintentionally mixed with the deadly H5N1 influenza virus and then shipped to a USDA lab. Then in December, with the advisory group already working to reduce lab safety risks and improve the culture of safety, employees in the Ebola lab were potentially exposed to that virus when a technician mistakenly transported the wrong specimens from a high-level lab to a lower-level lab. Internal investigations were done after each incident.

Note: See powerful media reports suggesting that both the Avian Flu and Swine Flu were manipulated to promote fear and boost pharmaceutical sales. For more along these lines, see the excellent, reliable resources provided in our Health Information Center.

How will history judge a generation of leaders who don’t preserve the historical record? The revelation on Monday that Hillary Rodham Clinton used only a personal email account when she was secretary of state and did not preserve her emails on departmental servers seems to reflect a troubling indifference to saving the history she was living. Mrs. Clinton’s aides eventually turned over 55,000 pages of correspondence. But the State Department’s Office of the Historian estimates that the department produces two billion emails a year. The bigger problem is that the government produces an astounding volume of email, much of it classified, and the public doesn’t get to see it unless archivists can preserve and process it. According to the nonpartisan Public Interest Declassification Board, a single intelligence agency is producing a petabyte of classified data every 18 months, or the equivalent of 20 million four-drawer file cabinets. The National Archives estimates that, without new technology to accelerate the process, that information would take two million employees a year to review for declassification. Instead, there are just 41 archivists working in College Park, Md., to review records from across the entire federal government — one page at a time. The government is producing more classified documents than it knows what to do with. The National Archives is buckling under the strain, and could collapse under an avalanche of electronic records. If it does, America’s commitment to transparent governance will become a thing of the past, because the past itself will be impossible to recover.

Note: More than 55,000 pages of historical documents have disappeared from the National Archives since 1999 because of a secret CIA deal to 'reclassify' declassified government records. Is it even possible to tell the difference between information overload and government corruption with such secretive policies?

The idea was once considered fringe — to purposely re-engineer the planet's climate as a last ditch effort to battle global warming with an artificial cloud. No longer. In a nuanced, two-volume report, the National Academy of Sciences said that the concept should not be acted upon immediately because it is too risky, but it should be studied and perhaps tested outdoors in small projects. Because warming has worsened and some countries might act unilaterally, scientists said research is needed to calculate the consequences. Panel chairwoman Marcia McNutt, editor of the journal Science and former director of the U.S. Geological Survey, said in an interview that the public should read this report "and say, 'This is downright scary.' And they should say, 'If this is our Hail Mary, what a scary, scary place we are in.'" The committee scientists said once you start this type of tinkering, it would be difficult to stop. A decision to spray particles into the air would have to continue for more than 1,000 years. The report was requested by U.S. intelligence agencies, academy president Ralph J. Ciccerone said. Because the world is not reducing the emissions of greenhouse gases that cause global warming, scientists have been forced "to at least consider what is known as geoengineering," he said.

Note: The National Academy of Science's two-part report says that geoengineering technologies "present serious known and possible unknown environmental, social, and political risks, including the possibility of being deployed unilaterally." The US military has used the weather as a weapon in the past. Now, with a deeply corrupt scientific establishment being guided by corrupt intelligence agencies to meddle with the planet's total ecology, and with low public awareness about the messy history of mysterious atmospheric experiments over cities in the U.S. and elsewhere, what could possibly go wrong?

Behind the dark glass towers of the Time Warner Center ... a majority of owners have taken steps to keep their identities hidden, registering condos in trusts, limited liability companies or other entities that shield their names. By piercing the secrecy of more than 200 shell companies, The New York Times documented a decade of ownership in this iconic Manhattan way station for global money, [and] found a growing proportion of wealthy foreigners, at least 16 of whom have been the subject of government inquiries around the world. The cases range from housing and environmental violations to financial fraud. Four owners have been arrested, and another four have been the subject of fines or penalties for illegal activities. They have been able to make these multimillion-dollar [real estate] purchases with few questions asked because of United States laws that foster the movement of largely untraceable money through shell companies. Vast sums are flowing unchecked around the world as never before — whether motivated by corruption, tax avoidance or investment strategy, and enabled by an ever-more-borderless economy and a proliferation of ways to move and hide assets. The high-end real estate market has become less and less transparent — and more alluring for those abroad with assets they wish to keep anonymous — even as the United States pushes other nations to help stanch the flow of American money leaving the country to avoid taxes.

Note: The New York Times investigation at the above link provides a comprehensive look at the international crime and political corruption at the heart of Manhattan's spiking real estate prices.

First came the allegations late last year that Britain's Prince Andrew and a prominent American lawyer took part in a wealthy sex offender's abuse of teenage girls. Defense attorney Alan Dershowitz ... represented the highly connected Jeffrey Epstein and was himself named in the latest court filings. Jane Doe No. 3 and three others who say Epstein victimized them want a federal judge to ... throw out the part of Epstein's plea deal that guaranteed that neither he nor any co-conspirators would [remain anonymous or] face federal charges. They contend their rights as victims were trampled by the then-secret agreement. Now a 31-year-old wife and mother, Jane Doe No. 3 insists her motives are to hold the elite accountable, [and to] "help expose the problem of sex trafficking." She first met Epstein in 1999 ... at age 15. What followed was a three-year whirlwind of paid sex abuse, international travel and encounters with many of Epstein's powerful friends. "I was trained to be everything a man wanted me to be," she said in her affidavit. "They said they loved that I was very compliant and knew how to keep my mouth shut." Although she was paid for her services and was given luxurious accommodations by Epstein, Jane Doe No. 3 said, it was also clear she could get into "big trouble" if she tried to leave or refuse his sexual advances and requirements to provide sex to others. "He let me know that he knew many people in high places," she said. "Speaking about himself, he said, 'I can get away' with things. I was very scared, particularly since I was a teenager."

Note: Jane Doe #3 has not kept her identity secret, and continues use her real name in court to expose the FBI cover up of this elite sex trafficking ring, but one of her attorneys requested that the AP not use her name in the above article. For more, watch powerful evidence in a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government, or read deeply revealing sex abuse scandal news articles from reliable major media sources.

As many as 31 pesticides with a value running into billions of pounds could have been banned because of potential health risks, if a blocked EU paper on hormone-mimicking chemicals had been acted upon. The science paper, seen by the Guardian, recommends ways of identifying and categorising the endocrine-disrupting chemicals (EDCs) that scientists link to a rise in foetal abnormalities, genital mutations, infertility, and adverse health effects ranging from cancer to IQ loss. Commission sources say that the paper was buried by top EU officials under pressure from big chemical firms which use EDCs in toiletries, plastics and cosmetics, despite an annual health cost that studies peg at hundreds of millions of euros. The unpublished EU paper ... was supposed to have enabled EU bans of hazardous substances to take place last year. Under pressure from major chemical industry players, such as Bayer and BASF, the criteria were blocked. In their place, less stringent options emerged. Last month, 11 MEPs complained in a cross-party letter to the health and food safety commissioner, Vytenis Andriukaitis, about the EU’s failure to honour its mandate and adopt the EDC criteria. This was supposed to have happened by the end of 2013. In place of the proposed identification of hormone-mimicking compounds, the EU’s current roadmap favours industry-supported options for potency-based measurements of EDCs. These would set thresholds, below which exposure to low-potency EDCs would be deemed safe.

Note: One key study estimates that as few as zero endocrine-disrupting pesticides will be withdrawn from the EU market as a result of this profit-driven manipulation of policy. For more along these lines, see concise summaries of deeply revealing articles about corporate and government corruption from reliable major media sources.

The billionaires and corporate oligarchs meeting in Davos this week are getting worried about inequality. The architects of the crisis-ridden international economic order are starting to see the dangers ... of the widest global economic gulf in human history. The scale of the crisis has been laid out for them by the charity Oxfam. On current trends, the richest 1% will have pocketed more than the other 99% put together next year. The 0.1% have been doing even better, quadrupling their share of US income since the 1980s. In most of the world, labour’s share of national income has fallen continuously and wages have stagnated under this regime of privatisation, deregulation and low taxes on the rich. At the same time finance has sucked wealth from the public realm into the hands of a small minority, even as it has laid waste the rest of the economy. Now the evidence has piled up that not only is such appropriation of wealth a moral and social outrage, but it is fuelling social and climate conflict, wars, mass migration and political corruption, stunting health and life chances, increasing poverty, and widening gender and ethnic divides. Escalating inequality has also been a crucial factor in the economic crisis of the past seven years, squeezing demand and fuelling the credit boom. The thinking person’s Davos oligarch realises that allowing things to carry on as they are is dangerous. What they won’t accept is any change in the balance of social power.

Note: Oxfam's complete report "identifies the two powerful driving forces that have led to the rapid rise in inequality" as "market fundamentalism and the capture of politics by elites." For more along these lines, see concise summaries of deeply revealing news articles on income inequality and secret societies which manipulate global politics.

The outrageous whitewash issued Wednesday by the CIA panel John Brennan hand-picked to lead the investigation into his agency's spying on Senate staffers is being taken seriously by the elite Washington media, which is solemnly reporting that officials have been "cleared" of any "wrongdoing". The panel's report is just the latest element in a long string of cover-ups and deceptions orchestrated by Brennan. At issue, of course, is the same intrusion into Senate computers that Brennan initially tried to make people think was a figment of then-Senate Intelligence Committee Chair Dianne Feinstein's warped imagination. "Nothing could be further from the truth," Brennan said when confronted with Feinstein's allegations. Senator Ron Wyden ... issued a statement in response to the newly released documents: "First, agency officers and contractors went far beyond the limits set out even in the Justice Department's torture memos. Then, top officials spent a decade making inaccurate statements about torture's effectiveness to Congress, the White House and the American people. Next, instead of acknowledging these years of misrepresentations, the CIA's current leadership decided to double down on denial. And when CIA officials were worried that the Intelligence Committee had found a document that contradicted their claims, they secretly searched Senate computer files to find out if Senate investigators had obtained it." The panel's report can also be seen as Brennan's total assault on David B. Buckley, the CIA inspector general who wrote the first, highly critical report on the incident – and who suddenly resigned a few days ago.

Note: For more along these lines, see concise summaries of deeply revealing news articles about the manipulation of mass media and the routine dishonesty of intelligence agencies from reliable sources.

Nicholas and Jill Woodman ... will receive a huge tax deduction for their [charitable] donation of 5.8 million shares of company stock to a donor-advised fund. But there’s no guarantee that one dollar of their October donation will ever be spent [on charity]. Donors gets an immediate, one-time tax break by depositing their money or assets in a donor-advised fund. They can advise the institution holding their money where and when to spend it on their timetable. Boston College Law School Professor Ray Madoff points out, “It is like money-laundering." There was $54 billion under management in donor-advised funds in 2013. Top financial houses like Fidelity, Schwab and Vanguard have fully embraced donor-advised funds. Fidelity Charitable, with $13.2 billion worth of assets under management, is now the nation’s second-largest charity. Even though organizations like Fidelity Charitable, Schwab Charitable and Vanguard Charitable were founded by their financial house namesakes, they are separate 501(c)3 charities. But while Fidelity Charitable is independent from the financial institution, roughly two-thirds of the money in the charitable arm is invested in Fidelity mutual funds. Madoff said that because investment advisers can charge a fee for managing the money in these accounts, they have a natural incentive to keep the money in these accounts growing — and not leaving.

Note: For more along these lines, see these concise summaries of deeply revealing articles about widespread corruption in government and banking and finance.

Sen. Dianne Feinstein’s last act as chair of the Senate Intelligence Committee ... had Washington’s most powerful forces arrayed against her. At the end ... Feinstein said she was more determined than ever to release the summary of a 6,700-page report on the CIA’s use of torture after the terrorist attacks of Sept. 11, 2001. “She has been vilified, the committee was spied on, the CIA and its supporters ran what amounted to a domestic disinformation campaign against the report and the committee,” said Stephen Rickard, executive director of the Open Society Policy Center, a civil liberties and human rights group in Washington. “She did her job.” Her job was to provide congressional oversight of an executive branch agency, and she met prolonged and intense resistance. Feinstein called the report “the most significant and comprehensive oversight report in the committee’s history, and perhaps in that of the U.S. Senate.” The Senate panel examined nearly 6.3 million pages of documents, without Republican cooperation and against the resistance of the CIA, which went so far as to hack Intelligence Committee computers and threaten to bring criminal charges against the staff. Although President Obama insisted he wanted the report made public, administration officials reportedly pressed for redactions that Senate Democrats said would make the report meaningless.

Note: For more along these lines, see concise summaries of deeply revealing stories about questionable intelligence agency practices from reliable sources.

From his desk in Lower Manhattan, a banker at Goldman Sachs thumbed through confidential documents — courtesy of a source inside the United States government. The banker came to Goldman through the so-called revolving door ... that connects financial regulators to Wall Street. He joined in July after spending seven years as a regulator at the Federal Reserve Bank of New York, the government’s front line in overseeing the financial industry. He received the confidential information, lawyers briefed on the matter suspect, from a former colleague who was still working at the New York Fed. The previously unreported leak, recounted in interviews with the lawyers briefed on the matter who spoke anonymously ... illustrates the blurred lines between Wall Street and the government. When Goldman hired the former New York Fed regulator, who is 29, it assigned him to advise the same type of banks that he once policed. And the banker obtained confidential information [that] provided Goldman a window into the New York Fed’s private insights. The emergence of the leak comes as questions mount about a perceived coziness between the New York Fed and Wall Street banks — Goldman in particular. Revelations from a former New York Fed employee, Carmen Segarra, recently stoked that debate. Ms. Segarra released taped conversations suggesting that her supervisors went soft on Goldman. The new accounts of a regulator and a banker actually sharing confidential documents — violating a cardinal rule of the regulatory world — suggest that ... Goldman, perhaps more than any other Wall Street bank, appears to be entwined with the New York Fed.

Note: For more along these lines, see these concise summaries of deeply revealing articles about widespread corruption in government and banking and finance. For additional information, see the excellent, reliable resources provided in our Banking Corruption Information Center.

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.