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Revealing News For a Better World

Government Corruption News Articles
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Below are key excerpts of revealing news articles on government corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.


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.


Saudis Said to Use Coercion and Abuse to Seize Billions
2018-03-11, New York Times
https://www.nytimes.com/2018/03/11/world/middleeast/saudi-arabia-corruption-m...

In November, the Saudi government locked up hundreds of influential businessmen - many of them members of the royal family - in the Riyadh Ritz-Carlton in what it called an anti-corruption campaign. Most have since been released but they are hardly free. During months of captivity, many were subject to coercion and physical abuse. In the early days of the crackdown, at least 17 detainees were hospitalized for physical abuse and one later died in custody with a neck that appeared twisted, a badly swollen body and other signs of abuse, according to a person who saw the body. To leave the Ritz, many of the detainees not only surrendered huge sums of money, but also signed over to the government control of precious real estate and shares of their companies - all outside any clear legal process. As the architect of the crackdown, Crown Prince Mohammed bin Salman prepares to travel to the United States this month to court American investment. Saudi officials are spotlighting his reforms. But extensive interviews with Saudi officials, members of the royal family, and relatives, advisers and associates of the detainees revealed a murkier, coercive operation, marked by cases of physical abuse, which transferred billions of dollars in private wealth to the crown prince’s control. The government ... has refused to specify the charges against individuals and, even after they were released, to clarify who was found guilty or innocent, making it impossible to know how much the process was driven by personal score settling.

Note: Yet the U.S. continues to court Saudi Arabia as one of its closest allies. For more along these lines, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.


Gitmo judge sends Marine general lawyer to 21 days confinement for disobeying orders
2017-11-01, Miami Herald
http://www.miamiherald.com/news/nation-world/world/americas/guantanamo/articl...

The USS Cole case judge Wednesday found the Marine general in charge of war court defense teams guilty of contempt for refusing to follow the judge’s orders and sentenced him to 21 days confinement and to pay a $1,000 fine. Air Force Col. Vance Spath also declared “null and void” a decision by Marine Brig. Gen. John Baker, 50, to release three civilian defense attorneys from the capital terror case. The lawyers resigned last month over ... something so secretive at the terror prison that the public cannot know. Wednesday evening ... Judge Spath issued another order: Directing the three lawyers - Rick Kammen, Rosa Eliades and Mary Spears - to litigate Friday in the death-penalty case against Abd al Rahim al Nashiri remotely from the Washington D.C., area by video feed to Guantánamo. The judge’s dizzying pace of events ... came as the colonel sought to force the civilian, Pentagon-paid attorneys back on the case. Spath, who has declared they had no good cause to quit, had ordered Kammen, Eliades and Spears to come to Guantánamo on Sunday with other war court staff for a pretrial hearing. They refused. Kammen, a veteran capital defense attorney who had represented Nashiri for a decade, said Spath’s order to travel was an “illegal” effort to have three U.S. citizens “provide unethical legal services to keep the façade of justice that is the military commissions running.” Nashiri is accused of orchestrating al Qaida’s Oct. 12, 2000 suicide bombing of the U.S. warship off Yemen. No trial date has been set.

Note: Nashiri was reportedly tortured by the CIA. Read the 10 Craziest Things in the Senate Report on Torture. For more along these lines, see concise summaries of deeply revealing intelligence agency corruption news articles from reliable major media sources.


Who Ordered Killing of Honduran Activist? Evidence of Broad Plot Is Found
2017-10-28, New York Times
https://www.nytimes.com/2017/10/28/world/americas/honduras-berta-caceres-desa...

Two men kicked in the door to Berta Cáceres’s house in the small Honduran mountain town of La Esperanza. One of them opened the door to her bedroom and fired six shots. She died moments later. The murder ... might simply have receded into a grim tally of regrettable losses. But Ms. Cáceres, 44, had won international acclaim for leading her indigenous Lenca community against a dam planned on their land. Now, 20 months after the killing, a team of five international lawyers has warned that the people who ordered it may never face justice. The evidence, the lawyers said, points to a plot against Ms. Cáceres that was months in the making and reached up to senior executives of Desarrollos Energéticos, known as Desa, the Honduran company holding the dam concession. “The existing proof is conclusive regarding the participation of numerous state agents, high-ranking executives and employees of Desa in the planning, execution and cover-up of the assassination,” the lawyers wrote. Eight suspects are in custody, including ... a retired Honduran Army lieutenant who was Desa’s director of security until mid-2015. “What the public ministry has yet to do is indict the people who hired Bustillo to plan the operation,” said Miguel Ángel Urbina Martínez, one of the lawyers reviewing the case. “There was this criminal structure comprised of company executives and employees, state agents and criminal gangs that used violence, threats and intimidation,” said Roxanna Altholz, [a] member of the lawyers’ group.

Note: The Guardian reported last year that Berta Cáceres’s murder appeared to be "an extrajudicial killing planned by military intelligence specialists linked to the country’s US-trained special forces". For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.


Former whistleblower starts legal aid group to guide would-be tipsters
2017-09-18, Washington Post
https://www.washingtonpost.com/world/national-security/former-whistleblower-s...

John N. Tye wants to make it easier to expose government wrongdoing without getting fired or breaking the law. Tye, a former State Department whistleblower, and lawyer Mark S. Zaid have formed Whistleblower Aid, a nonprofit law office to help would-be tipsters in government and the military navigate the bureaucratic and legal morass involved in reporting governmental misdeeds. Whistleblowing can be a challenge for people who have taken an oath of office to support and defend the Constitution ... Tye said in a telephone interview. “Then you get into government and you see something wrong,” he said. “You’ve sworn to stop it, but there aren’t a lot of tools at your disposal, especially if it’s your supervisor who’s breaking the law. People are scared. They’re worried about their jobs. If it involves classified information, they can be criminally prosecuted.” Tye’s interest in whistleblowing came from a stint as section chief for Internet freedom in the State Department’s Bureau of Democracy, Human Rights and Labor. He came forward as a whistleblower to publicize the government’s electronic surveillance practices. He wrote about it in 2014 in a Washington Post opinion piece that he submitted to the State Department for approval. His quest to air his concerns cost him $13,000 in legal fees. If a whistleblower comes to Whistleblower Aid with classified information, he or she will be steered to investigators with security clearances and the power to do something about it.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the intelligence community.


Julian Assange slams 'absurd' US plan to label WikiLeaks 'non-state intelligence service'
2017-08-24, International Business Times
http://www.ibtimes.co.uk/julian-assange-slams-absurd-us-plan-label-wikileaks-...

Julian Assange, the founder of whistleblowing platform WikiLeaks, has spoken out against a passing US Senate bill which aims to officially label his organisation as a "non-state hostile intelligence service". WikiLeaks has recently been publishing documents allegedly pilfered from inside the US Central Intelligence Agency (CIA), something that has led its director, Mike Pompeo, to shift from openly citing its publications to harshly criticising them. The WikiLeaks editor-in-chief ... wrote: "Media organisations develop and protect sources. So do intelligence agencies. But to suggest that media organisations are 'non-state intelligence services is absurd. It is equivalent to suggesting that the CIA is a media organisation." The day prior to the statement's release, it emerged that US senator Ron Wyden was the sole politician to vote against the intelligence committee's authorisation bill. Wyden said: "My concern is that the use of the novel phrase 'non-state hostile intelligence service' may have legal, constitutional, and policy implications, particularly should it be applied to journalists inquiring about secrets. The language in the bill suggesting that the US government has some unstated course of action against 'non-state hostile intelligence services' is equally troubling." Legally, experts warn it is largely impossible to prosecute WikiLeaks without also bringing charges against The New York Times, The Guardian or other mainstream publications. Despite this, US attorney general Jeff Sessions has still pledged to "put some people in jail".

Note: In May, United Nations officials said that the US treatment of activists was increasingly "incompatible with US obligations under international human rights law". For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the intelligence community.


Oakland congresswoman wages lonely battle over president’s war authority
2017-08-21, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfchronicle.com/nation/article/Oakland-congresswoman-wages-lonely-...

Sixteen years ago, Rep. Barbara Lee was the sole member of Congress to vote against authorizing the U.S. invasion of Afghanistan. Throughout the presidencies of Bush and Barack Obama, Lee waged a lonely crusade to repeal the war resolution initially aimed at al Qaeda’s Sept. 11, 2001, attacks on New York and Washington. Last month, she won a stunning victory when a bipartisan House committee voted to repeal the authorization in an amendment to the 2018 defense spending bill. But her win was short-lived. House Republican leaders stripped the amendment from the bill without a vote in a late-night maneuver that blocked Lee from leading a larger House debate on the president’s use of military force without further approval by Congress. The 2001 authorization was passed by Congress three days after the 9/11 attacks. “It was hastily written; it was overly broad; it was 60 words,” Lee said. Citing the Congressional Research Service, a nonpartisan arm of Congress, Lee said presidents have used the authorization at least 37 times since the initial Afghanistan invasion in October 2001. The [current] administration, Lee noted, has proposed severe cuts to domestic spending to pay for a bigger military. Escalating the Afghanistan conflict, she said, will come at the expense of “schools and infrastructure and jobs and health care - all the nation-building resources that we need here, here in my own district. “Yet they’re cutting these programs to fund these wars, and that’s ... unfair to the country,” she said.

Note: Read about the unprecedented plan to privatize the war in Afghanistan. According to Congressman Thomas Massie, the US government has made deals with the Taliban to give them electricity and turn a blind eye to their opium trade. For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.


Trump White House weighs unprecedented plan to privatize much of the war in Afghanistan
2017-08-08, USA Today
https://www.usatoday.com/story/news/world/2017/08/08/war-afghanistan-trump-wh...

The White House is actively considering a bold plan to turn over a big chunk of the U.S. war in Afghanistan to private contractors. Under the proposal, 5,500 private contractors, primarily former Special Operations troops, would advise Afghan combat forces. The plan also includes a 90-plane private air force that would provide air support in the nearly 16-year-old war against Taliban insurgents, Erik Prince, founder of the Blackwater security firm, [said]. The U.S. military has 8,400 U.S. troops [in Afghanistan]. They do not have a direct combat role, and presumably would be replaced gradually by the contractors. The plan remains under serious consideration within the White House despite misgivings by Trump's national security adviser ... and Defense Secretary Jim Mattis. Prince, who has met frequently with administration officials to discuss his plan, is the brother of Trump's education secretary, Betsy Devos. Prince said the contractors would be “adjuncts” of the Afghan military and would wear that nation’s military uniforms. Currently, troops from a U.S.-led coalition ... are not embedded with conventional combat units in the field. Under the plan the contractors would be embedded with Afghanistan's more than 90 combat battalions throughout the country. Blackwater has attracted controversy under Prince's leadership. In 2007, four Blackwater security personnel were accused of killing 14 Iraqi civilians in Baghdad.

Note: When Blackwater changed its name to Academi, the US paid $309 million to this company to conduct counternarcotics operations in Afghanistan. These operations reportedly contributed to the Afghan opium boom. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and war.


New CDC chief partnered with Coke in state obesity program
2017-07-12, Washington Post
https://www.washingtonpost.com/news/to-your-health/wp/2017/07/12/new-cdc-chie...

As Georgia’s top public health official, Brenda Fitzgerald led the fight against childhood obesity in a state with one of the highest rates in the country. The program there, funded in part by the Coca-Cola Foundation, emphasizes exercise and makes little mention of the problems with sugary soft drinks - putting the effort at odds with research and the positions of many experts. Now that Fitzgerald is director of the Centers for Disease Control and Prevention - the country’s top public health official - some public health advocates are concerned that she could incorporate Georgia's approach into the national battle against obesity. “We hope Dr. Fitzgerald, as head of CDC, avoids partnering with Coke on obesity for the same reason she would avoid partnering with the tobacco industry on lung cancer prevention,” said Jim O’Hara, director of health promotion policy at the Center for Science in the Public Interest. Public health advocates and researchers have characterized Coca-Cola’s strategy as deflecting public attention from the links between sugary drinks and a host of health problems, including obesity, diabetes and heart disease, by focusing on exercise and offering grants “to buy friends and silence potential critics,” O’Hara said. Nationally, there has been growing public concern about beverage companies using philanthropy to fend off public health and regulatory policies that aim to limit soda consumption. CDC itself was criticized in 2016 for two officials' connections to Coca Cola.

Note: For more on the close ties between Coca Cola and the government, read this revealing article. For more, see concise summaries of deeply revealing news articles on corruption in government and in the food system.


'No doesn't really mean no': North Carolina law means women can't revoke consent for sex
2017-06-24, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2017/jun/24/north-carolina-rape-legal-loo...

In North Carolina, a person cannot withdraw consent for sex once intercourse is taking place. Because of a 1979 state supreme court ruling that has never been overturned, continuing to have sex with someone who consented then backed out isn’t considered to be rape. The North Carolina law is an example of how the US legal system has not always kept pace with evolving ideas about rape, sex and consent. Just last year, an Oklahoma court ruled that the state’s forcible sodomy statute did not criminalize oral sex with a victim who is completely unconscious. The toughest charge available to prosecutors was unwanted touching. But the North Carolina law appears to be unique. And it has shocked even those who are used to dealing with such legalistic vagaries. “It’s absurd,” said John Wilkinson, a former prosecutor and an adviser to AEquitas, a group which helps law enforcement pursue cases of sexual violence. “I don’t think you could find anyone today to agree with this notion that you cannot withdraw consent. People have the right to control their own bodies. If sex is painful, or for whatever reason, they have the right to change their mind.” The ruling has devastated victims and frustrated prosecutors in North Carolina for years. State senator Jeff Jackson ... has introduced legislation to amend the law. “North Carolina is the only state in the country where no doesn’t really mean no,” he said in a statement. “We have a clear ethical obligation to fix this obvious defect in our rape law.”

Note: A local North Carolina newspaper, the Fayetteville Observer, drew widespread attention to this bizarre law by reporting on a case of sexual abuse involving US military personnel. For more along these lines, see concise summaries of news articles on judicial system corruption and sexual abuse scandals.


Mexican journalists, activists targeted with spyware
2017-06-19, ABC News/Associated Press
http://abcnews.go.com/Technology/wireStory/report-mexican-journalists-activis...

Mexican journalists, lawyers and activists were targeted by spyware produced by Israel’s NSO Group that is sold exclusively to governments. [A] report by Citizen Lab at the University of Toronto said the targets included people, such as prominent journalists Carmen Aristegui and Carlos Loret de Mola, who were investigating alleged government corruption and purported human rights abuses by security forces. The people targeted received messages with links that, if clicked on, opened up their devices to being exploited and spied upon. NSO’s Pegasus spyware allows hackers access to phone calls, messages, cameras and personal data. Other targets included members of the Centro Miguel Agustin Pro Juarez, a prominent human rights group that has investigated cases such as the disappearance of 43 students whom police allegedly detained and turned over to drug gang killers; the anti-graft group Mexicans Against Corruption and Impunity; and the Mexican Institute for Competitiveness, a civil society group working on economic policy and combatting corruption. Aristegui, who exposed a case of possible conflict of interest involving a luxury home acquired from a government contractor ... was aggressively targeted. She received more than two-dozen messages with NSO links claiming to be from “the U.S. Embassy in Mexico, Amber Alerts, colleagues, people in her personal life, her bank, phone company and notifications of kidnappings,” the report said.

Note: If the above link is not working, this Associated Press article is also available here. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and the erosion of civil liberties.


'Staggering' loss of civilian life from US-led airstrikes in Raqqa, says UN
2017-06-14, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2017/jun/14/staggering-civilian-deaths-from...

UN war crimes investigators have denounced a “staggering loss of civilian life” caused by the US-backed campaign to reclaim Raqqa, the de facto capital of Islamic State. The independent commission of inquiry tasked with investigating violations of international law, war crimes and crimes against humanity in Syria said the intensification of airstrikes by the US-led coalition had led to the deaths of at least 300 civilians in the city. The Raqqa operation began last week with a ground assault by the Syrian Democratic Forces (SDF), an umbrella group comprising Kurdish and Arab militiamen armed by the US and supported by coalition airstrikes. “The intensification of airstrikes ... has resulted not only in staggering loss of civilian life, but has also led to 160,000 civilians fleeing their homes and becoming internally displaced,” Paulo Pinheiro, the chairman of the UN commission of inquiry, told the human rights council in Geneva. The civilian cost of the campaign was highlighted last week when footage emerged of coalition planes deploying white phosphorus in the city, which is home to tens of thousands of civilians, prisoners of war, enslaved Yazidi women, and a few thousand Isis militants. Human Rights Watch urged the coalition separately on Wednesday to exercise great caution when using white phosphorus, saying it could cause “horrific and long-lasting harm” in crowded cities such as Raqqa.

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


Now let's fight back against the politics of fear
2017-06-10, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/books/2017/jun/10/naomi-klein-now-fight-back-agai...

The term “shock doctrine” describes the quite brutal tactic of systematically using the public’s disorientation following a collective shock – wars, coups, terrorist attacks, market crashes or natural disasters – to push through radical pro-corporate measures, often called “shock therapy”. From the evidence so far, it’s clear that Trump and his top advisers are ... trying to pull off a domestic shock doctrine. The goal is all-out war on the public sphere and the public interest, whether in the form of antipollution regulations or programmes for the hungry. In their place will be unfettered power and freedom for corporations. It’s a programme so defiantly unjust and ... corrupt that it can only be pulled off with the assistance of divide-and-conquer racial and sexual politics, as well as a nonstop spectacle of media distractions. And, of course, it is being backed up with a massive increase in war spending. Trump’s cabinet of billionaires and multimillionaires tells us a great deal about the administration’s underlying goals. ExxonMobil for secretary of state; General Dynamics and Boeing to head the department of defence; and the Goldman Sachs guys for pretty much everything that’s left. This is ... a naked corporate takeover, one many decades in the making. We have to tell a different story from the one the shock doctors are peddling, a vision of the world compelling enough to compete head to head with theirs. Most of all, that vision needs to offer those who are hurting – for lack of jobs, lack of healthcare, lack of peace, lack of hope – a tangibly better life.

Note: The above was written by Naomi Klein, bestselling author of The Shock Doctrine: The Rise of Disaster Capitalism. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.


With New Digital Tools, Even Nonexperts Can Wage Cyberattacks
2017-05-13, New York Times
https://www.nytimes.com/2017/05/13/technology/hack-ransomware-scam-cyberattac...

A decade-old internet scourge called ransomware went mainstream on Friday when cybercriminals seized control of computers around the world, from the delivery giant FedEx in the United States to Britain’s public health system, universities in China and even Russia’s powerful Interior Ministry. Ransomware is nothing new. For years, there have been stories of individuals or companies horrified that they have been locked out of their computers and that the only way back in is to pay a ransom to someone, somewhere who has managed to take control. But computer criminals are discovering that ransomware is the most effective way to make money in the shortest amount of time. Friday’s attacks were a powerful escalation of earlier, much smaller episodes. Hackers exploited a vulnerability in Microsoft servers that was first discovered by the National Security Agency and then leaked online. It allowed the ransomware to spread [to] more than 70,000 organizations. There is even now a concept of “ransomware as a service” - a play on the Silicon Valley jargon “software as a service,” which describes the delivery of software over the internet. Now anyone can visit a web page, generate a ransomware file with the click of a mouse, encrypt someone’s systems and demand a ransom to restore access to the files. If the victim pays, the ransomware provider takes a cut of the payment. Ransomware criminals also have customer service lines that victims can call to get help paying a ransom.

Note: In 2014, it was reported that the NSA was developing tools to make it relatively easy to hack millions of computers at once. Two years later, a large collection of NSA hacking tools was leaked. Now, these tools are being used by criminals against people all over the world. For more along these lines, see concise summaries of deeply revealing news articles about intelligence agency corruption and the disappearance of privacy.


Forget the Mother of All Bombs fear the Mother of All Algorithms
2017-04-19, San Diego Union-Tribune (San Diego's leading newspaper)
http://www.sandiegouniontribune.com/opinion/commentary/sd-autonomous-weapons-...

The Mother of All Bombs made news last week after the U.S. military dropped its most powerful non-nuclear bomb at a site in Afghanistans Nangarhar Province. This massive ... explosive device may seem a high-tech marvel. But the technology is old news, based on ... World War II-era theories. Yet theres plenty of new news on the military weapons front. The militarys new toys are often fantastically costly. Yet in some categories, technological advances create opportunities for cheap but powerful military tools ... starting with weaponized drones. The Defense Department is designing robotic fighter jets that would fly into combat alongside manned aircraft. It has tested missiles that can decide what to attack, and it has built ships that can hunt for enemy submarines ... without any help from humans. The dilemma posed by artificial intelligence-driven autonomous weapons - which some scientists liken to the third revolution in warfare, after gunpowder and nuclear arms - is that to take fullest advantage of such weapons, the logical move would be to leave humans entirely out of lethal decision-making, allowing for quicker responses to threats. But if future presidents and Pentagons trusted algorithms to make such decisions, conflicts between two nations relying on such technology could rapidly escalate - to possibly apocalyptic levels - without human involvement. More than 20,000 AI researchers, scientists and [others have signed] a ...petition endorsing a ban on offensive autonomous weapons.

Note: In 2013, the United Nations investigated the rise of lethal autonomous robots, and reported that this technology endangers human rights and should not be developed further without international oversight. For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.


Airstrike monitoring group overwhelmed by claims of U.S.-caused civilian casualties
2017-03-24, Washington Post
https://www.washingtonpost.com/news/checkpoint/wp/2017/03/24/airstrike-monito...

A non-profit organization that tracks civilian casualties caused by airstrikes in the Middle East said it has shifted nearly all of its resources to track a surge of claims regarding U.S.-led strikes in Syria and Iraq. The group, called Airwars.org, had been tracking deaths caused by both Russian and U.S. airstrikes. “Almost 1,000 civilian non-combatant deaths have already been alleged from coalition actions across Iraq and Syria in March - a record claim,” Airwars said in a statement. In the last week, three mass casualty incidents have been attributed to U.S.-led forces in Iraq and Syria, making March one of the most lethal months for civilians in the the two-year-old war against the Islamic State. Last week, U.S. drones targeted what locals deemed a mosque in Aleppo province in a bid to target al-Qaeda leaders. Those on the ground said at least 47 civilians ... died in the strikes. On Monday, a conflict monitoring group ... said a strike near Raqqa targeted a school that was serving as a home for multiple families displaced by fighting in the area, killing at least 33. On Thursday, Iraqi media reported that an airstrike in Mosul killed more than 200 people. According to Airwars, more than 2,500 civilians have been killed by the U.S.-led coalition, which has admitted to killing only roughly 220 civilians.

Note: Killing civilians is a sure way to create more anti-US terrorists. Why do we let the US government get away with regularly killing civilians? If American civilians were killed, there would be an uproar. For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.


Former Spain central bank chief investigated for failed IPO
2017-02-13, Seattle times/Associated Press
http://www.seattletimes.com/business/former-spain-central-bank-chief-investig...

Spain’s National Court is summoning the former heads of Spain’s central bank and the stock market watchdog to be questioned for failing to stop the disastrous flotation of a savings bank that had to be bailed out. Eight officials, including former Bank of Spain governor Miguel Angel Fernandez Ordonez and Julio Seguro, the former president of market regulator CNMV, allegedly failed to stop Bankia’s listing in 2011 despite “repeated warnings” the bank was “unviable,” according to an investigation led by the court’s magistrates. Created by merging the assets of seven struggling Spanish banks, Bankia offered shares in an initial public offering in July 2011 and initially reported a profit for the year of 309 million euro ($327 million.) Months later, it amended its statements to show a 3 billion euro loss. The lender was nationalized in 2012 after a rescue that cost Spanish taxpayers around 22 billion euros ($23 billion). Former International Monetary Fund chief Rodrigo Rato stepped down as chairman of Bankia at the time of the IPO. Rato since has been investigated in separate, but related cases of alleged corruption. Internal central bank reports made clear the savings bank’s “severe and growing problems of profitability, liquidity and solvency,” a court order issued Monday stated.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.


Extreme Vetting, But Not for Banks
2017-02-03, Rolling Stone
http://www.rollingstone.com/politics/features/extreme-vetting-but-not-for-ban...

Donald Trump, the man who positioned himself as the common man's shield against Wall Street, signed a series of orders today calling for reviews or rollbacks of financial regulations. Before he ordered a review of both the Dodd-Frank Act and the fiduciary rule requiring investment advisors to act in their clients' interests, [Trump met] with leading CEOs, including JPMorgan's Jamie Dimon, Blackstone's Steve Schwarzman, and BlackRock's Larry Fink. Former Goldman honcho Gary Cohn [is] Trump's chief economic advisor. It would be hard to put together a group of people less sympathetic to the non-wealthy. The two primary disasters in American history this century ... have been 9/11 and the 2008 financial crisis, which cost 8.7 million people their jobs and may have destroyed as much as 45 percent of the world's wealth. The response to 9/11 we know: major military actions all over the world, plus a radical reshaping of our legal structure, with voters embracing warrantless surveillance, a suspension of habeas corpus, even torture. But the crisis response? Basically, we gave trillions of dollars to bail out the very actors who caused the mess. Now ... we've triumphantly put those same actors back in charge. These egomaniacal Wall Street titans want ... to get rid of the fiduciary rule, because they don't think it's anyone's business if they choose to bet against their clients (as Cohn's Goldman famously did), or overcharge them, or otherwise screw them.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the financial industry.


Trump's travel ban bears the hallmarks of historic 'shock events'; don't let it fool you
2017-01-31, Dallas Morning News (A leading newspaper of Dallas, TX)
http://www.dallasnews.com/opinion/commentary/2017/01/31/americans-can-turn-ta...

What Steve Bannon is doing, most dramatically with the ban on immigration from seven predominantly Muslim countries - is creating what is known as a "shock event." Such an event is unexpected and confusing. People scramble to react to the event, usually along some fault line that those responsible for the event can widen by claiming that they alone know how to restore order. As society reels and tempers run high, those responsible for the shock event perform a sleight of hand to achieve their real goal, a goal they know to be hugely unpopular, but from which everyone has been distracted as they fight over the initial event. There is no longer concerted opposition to the real goal; opposition divides along the partisan lines established by the shock event. Donald Trump's executive order has all the hallmarks of a shock event. It was not reviewed by any governmental agencies or lawyers before it was released, and counterterrorism experts insist they did not ask for it. People charged with enforcing it got no instructions about how to do so. Courts immediately have declared parts of it unconstitutional, but border police in some airports are refusing to stop enforcing it. Unless you are the person setting it up, it is in no one's interest to play the shock event game. It is designed explicitly to divide people. But because shock events destabilize a society, they can also be used positively. We do not have to respond along old fault lines.

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


Declassify the Senate Torture Report
2016-12-12, New York Times
http://www.nytimes.com/2016/12/12/opinion/preserve-the-senate-torture-report-...

In late 2014, Senate Democrats delivered to a handful of federal agencies copies of a 6,700-page classified report about the secret prison network the Central Intelligence Agency established after the Sept. 11 attacks. Senator Dianne Feinstein of California, who oversaw the report, hoped it would become a seminal document for national security professionals for generations to come. Now the report ... is at risk of remaining under wraps for more than a decade. At the Justice Department’s direction, officials at the C.I.A., State Department, Pentagon and Office of the Director of National Intelligence placed their copies in safes, unread. In January 2015, Senator Richard Burr, the new chairman of the Senate Select Committee on Intelligence ... wrote to President Obama demanding that all copies be returned to the Senate. He also instructed the administration not to enter the report into the executive branch’s system of records, since doing so would ... mean that the report could at some point see the light of day. On Friday, the White House informed Ms. Feinstein that it intended to preserve the report under the Presidential Records Act. That step bars the incoming administration from destroying all copies of the report. But President Obama did not ... declassify the study, which means that the report would remain secret for at least 12 years. “We can’t erase our mistakes by destroying the history books,” said Ms. Feinstein, who released a partly redacted summary of the report in December 2014.

Note: For more along these lines, see the "10 Craziest Things in the Senate Report on Torture". For more, see concise summaries of deeply revealing news articles about corruption in government and in the intelligence community.


Edward Heath abuse claims: Police defend investigation
2016-12-02, BBC News
http://www.bbc.com/news/uk-38190489

An inquiry into child sex abuse claims involving ex-Prime Minister Sir Edward Heath is exploring a "significant number" of lines, police say. Wiltshire Police Chief Constable Mike Veale ... said officers had received "allegations spanning a significant number of individuals". It emerged last month that two people had been arrested and bailed. Former Conservative prime minister Sir Edward died at his home in Salisbury in July 2005, aged 89. In an open letter, Mr Veale said he would not be "buckling under pressure to not investigate or to conclude the investigation prematurely". He said he wanted to "set the record straight" amid press reports the inquiry was floundering. "The decision to undertake this ... investigation was not taken lightly particularly knowing, or at least expecting, that we would be placed under intense scrutiny," he said. Mr Veale also confirmed reports that satanic ritual sex abuse was a feature of the investigation, although he said it was a small part and did not relate to Sir Edward. Operation Conifer began in 2015 after claims against Sir Edward were raised in an inquiry by the Independent Police Complaints Commission.

Note: Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US. For more, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.


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