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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.


Who's afraid of the 'Israel Lobby'?
2006-03-26, Los Angeles Times
http://www.latimes.com/news/printedition/opinion/la-op-goldberg26mar26,1,3015...

The idea of a powerful "Jewish lobby" that has its gnarled fingers in the machinery of the government is an old and repugnant canard. In the modern era, even to broach the idea of a "Jewish lobby" is unacceptable. It's just not done in polite society -- even in situations in which there's some truth to it. That's why it was a bit of a shock last week when a 12,000-word article by two eminent professors -- Stephen Walt, the academic dean of Harvard University's John F. Kennedy School of Government, and John Mearsheimer, a professor of political science at the University of Chicago -- appeared in the London Review of Books under the title "The Israel Lobby." According to the two academics, the United States' "unwavering support" for Israel -- including the $3 billion a year we give in direct assistance -- is justified by neither strategic nor moral imperatives. Despite the common view, Israel is, in fact, the Goliath in the Middle East, not the David. It is...an avowedly Jewish state in which Arabs live as second-class citizens. "The bottom line is that AIPAC, a de facto agent for a foreign government, has a stranglehold on Congress," Walt and Mearsheimer contend. Public reaction has varied. Harvard has reportedly distanced itself from the original report. It seems silly to deny that a powerful lobby on behalf of Israel exists. The real question is how pernicious it is. My advice is to judge for yourself. The full article is available at http://www.lrb.co.uk/v28/n06/mear01_.html

Note: For information on how Harvard distanced itself from this paper: http://www.nysun.com/article/29638. For the mixed reaction to this paper in Israel: http://www.csmonitor.com/2006/0324/dailyUpdate.html


Animal rights activists face trial under terror law
2005-06-04, ABC/Reuters
http://abcnews.go.com/US/wireStory?id=819353

New Jersey is using an anti-terrorism law for the first time to try six animal rights activists charged with harassing and vandalizing a company that made use of animals to test its drugs. Prosecutors say the activists, who will stand trial next week, used threats, intimidation and cyber attacks against employees of Huntingdon Life Sciences, a British company with operations in East Millstone, New Jersey, with the intention of driving it out of business. The six, members of a group called Stop Huntingdon Animal Cruelty (SHAC), are charged under the Animal Enterprise Protection Act, amended in 2002 to include "animal enterprise terrorism," which outlaws disrupting firms like Huntingdon. The list of potential defense witnesses includes actress Kim Basinger, who joined a protest outside a Huntingdon laboratory in Franklin, New Jersey to try to stop such companies using animals to test their pharmaceutical products.


Revisiting 9/11 Failures
2007-01-31, Newsweek
http://www.msnbc.msn.com/id/16907952/site/newsweek

Senators are renewing calls for the declassification of a CIA report documenting the agency’s mistakes in preventing the 2001 attacks. The Senate Intelligence Committee and the CIA may be headed for a new confrontation over an old issue: why an internal report documenting the agency’s failures in the run up to the September 11 terror attacks is still being withheld from the public. The report, prepared by the CIA’s inspector general, is the only major 9/11 government review that has still not been made publicly available. While Bush administration officials are hardly eager for a public rehash of the 9/11 intelligence failures, the issue is an especially sensitive one at CIA headquarters. The report provides the CIA’s own internal account of what some believe was the most spectacular of the pre-9/11 failures: the agency’s failure to alert the FBI and other U.S. government agencies to information showing that two of the hijackers had entered the United States as early as January 2000.


9/11's Las Vegas Connection
2006-09-10, CBS News
http://www.cbsnews.com/stories/2006/09/10/eveningnews/main1992178.shtml

The title is "Loose Change." It may be the internet's first blockbuster movie. It says: "If the government has nothing to hide, why are they so afraid to answer a few questions?" Ten million have watched so far, and that's only a fraction of the 42 percent of Americans recently polled by Reuters who believe its message -- that our own government covered up critical evidence of 9/11. But it's more than conspiracy theories on the Internet at work here. Some of the very people who first investigated 9/11 admit there's still a lot they don't know about the plot. Dale Watson ran counterterrorism for the FBI and led the investigation into 9/11. And one of the things that still puzzles him most is the Las Vegas connection. All four of the 9/11 hijacker pilots flew Las Vegas in the months preceding the attack. Some came twice. But once here, the men essentially disappeared. On his first trip here hijacker Muhammad Atta rented a car, and drove it 110 miles in two days. But where did he go? Who did he visit with, if anyone? There's not a clue. Why did Muhammad Atta and his sidekick travel all the way to Portland, Maine, to connect with -- and almost miss -- the Boston flight they later hijacked? Why did Atta earlier travel all the way from Florida to Virginia Beach, Va., just to rent a mailbox? The FBI still doesn't know -- but hasn't stopped looking. Five years after the crime a dozen agents remain on the 9/11 case. And they still get 20 new leads a week.

Note: Is it possible that practically no one supported the alleged hijackers prior to 9/11? Why has only one man every been caught and tried? And FBI agents were stymied by top officials in their attempts to search his laptop before 9/11. Why haven't we heard that they are still investigating the Las Vegas connection?


Author, filmmakers fight over adaptation of 9/11 expose
2006-08-18, Miami Herald (Miami's leading newspaper)
http://www.miami.com/mld/miamiherald/entertainment/television/15308882.htm

What was already expected to be a controversial documentary that charges that Osama bin Laden's top spy infiltrated three different branches of U.S. national security has gotten even hotter. Veteran investigative reporter Peter Lance call[ed] the TV documentary based on his book a whitewash. The documentary, Triple Cross, is scheduled to air on the National Geographic Channel Aug. 28, with Lance's book of the same name set for publication a few weeks later. But their accounts of the way bin Laden's master spy Ali A. Mohamed outwitted the CIA, the FBI and the U.S. Army may be overshadowed by the acrimonious war of words. National Geographic's producers at one point held back transcripts of interviews they were supposed to share with Lance, and still won't let him see the final documentary unless he signs what they call a "non-disparagment agreement." Mohamed turned up in FBI surveillance photos as early as 1989, training radical Muslims who would go on to...detonate a truck bomb at the World Trade Center. He not only avoided arrest, but managed to become an FBI informant at the same time he was smuggling bin Laden in and out of Afghanistan, writing most of the al Qaeda terrorist manual and helping plan attacks on American troops in Somalia and U.S. embassies in Africa. Finally arrested in 1998, Mohamed cut a deal with the Justice Department. His whereabouts remain shrouded in official secrecy. Lance, an Emmy winner who spent nine years as a producer-reporter at ABC, was one of the first journalists on the trail of the Mohamed story. "The FBI allowed the chief spy for al Qaeda to...plan the bombings of the embassies in Africa right under their noses.''


Secretive, powerful Bilderberg group meets near Ottawa
2006-06-08, Globe and Mail (Canada's leading newspaper)
http://www.theglobeandmail.com/servlet/story/RTGAM.20060608.wbilder0608/BNSto...

Ottawa. On the outskirts of the nation's capital, a tony high-rise hotel beside a golf course is hosting the annual meeting for one of the world's most secretive and powerful societies. They're called the Bilderberg group. Those who follow the Bilderberg group say it got Europe to adopt a common currency, got Bill Clinton elected after he agreed to support NAFTA, and is spending this week deciding what to do about high oil prices and that pesky fundamentalist president of Iran. The Bilderberg group is a half-century-old organization comprising about 130 of the world's wealthiest and most powerful people. They don't have a website. Bilderberg says the privacy of its meetings helps encourage freewheeling discussion. An unsigned press release...confirmed this year's meeting would deal with energy issues, Iran, the Middle East, terrorism, immigration, Russia, European-American relations and Asia. The 2006 group includes David Rockefeller, Henry Kissinger, Queen Beatrix of Holland, New York Gov. George Pataki, the heads of Coca-Cola, Credit Suisse, the Royal Bank of Canada, cabinet ministers from Spain, Greece and a number of media moguls. The group also includes a pair of prominent figures involved in planning the U.S. invasion of Iraq -- Richard Perle and Ahmad Chalabi. Fellow White House power-players Donald Rumsfeld and Paul Wolfowitz, now head of the World Bank, have spoken to the group in the past. The prime ministers of Britain and Canada -- Tony Blair and Stephen Harper -- have addressed the group before.

Note: For two excellent articles from BBC describing this incredibly powerful, highly secretive group of elites:
http://www.WantToKnow.info/051115secretsocietiesbilderberg


High court curbs free-speech rights of public workers on the job
2006-05-31, Chicago Tribune/Los Angeles Times
http://www.chicagotribune.com/news/nationworld/chi-0605310058may31,1,6639785....

The Supreme Court restricted the free-speech rights of the nation's 21 million public employees Tuesday, ruling that the 1st Amendment does not protect them from being punished for complaining to their managers about possible wrongdoing. Although government employees have the same rights as other citizens to speak out on controversies of the day, they do not have the right to speak freely inside their offices on matters related to "their official duties," the Supreme Court said in a 5-4 decision. Lawyers for government whistle-blowers denounced the ruling as a major setback. "In an era of excessive government secrecy, the court has made it easier to engage in a government cover-up by discouraging internal whistle-blowing," said Steven Shapiro, legal director for the American Civil Liberties Union. The decision threw out most of a lawsuit filed by Deputy District Atty. Richard Ceballos, who said he was disciplined after he wrote memos alleging that a police officer may have lied to obtain a search warrant. The 9th U.S. Circuit Court of Appeals agreed he was entitled to a trial on his lawsuit because he had spoken on a "matter of public concern." But the Supreme Court reversed that ruling Tuesday. Because Tuesday's decision interprets the 1st Amendment, it applies to governments at all levels, including federal and states agencies, public hospitals and public schools and colleges.


Bush energy plan whacks conservation
2006-05-31, Christian Science Monitor
http://www.csmonitor.com/2006/0531/p02s01-uspo.html

A few years ago a little-known US Energy Department program helped produce a design technology for lightweight cars and trucks that in 2004 alone saved the nation 122 million barrels of oil, or about $9 billion. So, with energy prices spiking and President Bush pushing for more energy research, the ITP would seem a natural candidate for more funding. In fact, its budget is set to get chopped by a third from its 2005 level. It's one of more than a dozen energy-efficiency efforts that the Energy Department plans to trim or eliminate in a $115 million cost-saving move. If Congress accepts the Energy Department's proposed 2007 budget, it will cut $152 million - some 16 percent - from this year's budget for energy-efficiency programs. Adjusting for inflation, it would mean the US government would spend 30 percent less on energy efficiency next year than it did in 2002. One energy-efficiency program on the chopping block...helps improve the fuel efficiency of heavy-duty trucks, one of the nation's biggest oil consumers. That program is "zeroed out" in the 2007 budget request. The same fate awaits the $4.5 million Building Codes Implementation Grants program. It helps states adopt more energy-efficient requirements for new buildings, the nation's largest consumer of electricity and natural gas. The $8 million Clean Cities program has helped clean-fuel technologies, like buses that run on compressed natural gas, get to market. But it's slated for a $2.8 million cut.

Note: To better understand why this is happening: http://www.WantToKnow.info/newenergysources


Electronic voting switch threatens mass confusion
2006-05-01, Financial Times
http://news.ft.com/cms/s/a1b985a4-d960-11da-8b06-0000779e2340.html

The last three election cycles in the US have been marked by controversy...about the fairness and accuracy of the voting process. The coming cycle promises more of the same. In California, the League of Women Voters has protested against a new, computerised statewide election registry that the group says is improperly rejecting registered voters, while county clerks in several Indiana jurisdictions complained that the electronic ballots programmed by the vendors of their electronic voting machines had been delivered late, were incorrect and poorly proofread. The clerk for Marion County – the state’s most populous – said that, so far, nine rounds of “fixes” had been required; she was unsure whether the primary vote today could be held without problems, according to The Indianapolis Star. In Florida...the election supervisor for Leon County allowed anti-electronic voting activists to try breaching security in the county’s optical scan voting system, prompting the big three electronic voting systems companies – Diebold, Election Systems & Services, and Sequoia – to refuse to sell the county new machines. The US Government Accountability Office issued a report with a litany of potential flaws in the reliability and security of electronic voting and warned that steps needed to ensure voter confidence in the integrity of the vote were unlikely to be in place in time for the 2006 election.

Note: For more on problems with electronic voting machines: click here.


Panel Weighs Whistleblower Law Changes
2006-02-14, Washington Post/Associated Press
http://www.washingtonpost.com/wp-dyn/content/article/2006/02/14/AR20060214015...

Five government whistleblowers said Tuesday they had faced retaliation for calling attention to alleged government wrongs. They told their stories to the House Government Reform Committee's national security subcommittee, whose chairman, Rep. Chris Shays, R-Conn., indicated an interest in altering the law to better protect national-security whistleblowers. Army Spc. Samuel Provance laid out what he considers to be a pattern of systemic abuses at Iraq's Abu Ghraib prison. He said his rank was reduced for disobeying orders not to speak about mistreatment he saw at the prison. Russ Tice, a former NSA analyst, has called attention to possible constitutional abuses and security breaches at NSA. He said he was given psychological evaluations deeming him mentally unstable, and his clearance was revoked. He's now unemployed. Lt. Col. Anthony Shaffer says the Defense Intelligence Agency has made a series of allegations against him since he disclosed information about a program known as Able Danger. He says the program identified four Sept. 11 hijackers before the attack. Richard Levernier, a retired Energy Department nuclear security specialist, said he lost his security clearance and effectively his job for giving the media an unclassified report about shortfalls in nuclear security.


Bush Has Declared Katrina-Related Emergencies in 40 States
2005-09-15, ABC News
http://abcnews.go.com/US/wireStory?id=1129802

The dire conditions created by Hurricane Katrina may be confined to the Gulf Coast, but on paper the emergency is all over the country. President Bush has declared that Katrina-related emergencies exist in 40 states and the District of Columbia. Some, such as California, Massachusetts and North Dakota, are far removed from Katrina's wrath. Apparently it does not take much to qualify as an emergency.

Note: These "emergencies" also give the president extraordinary powers to curtail civil liberties.


Bush Has Declared Katrina-Related Emergencies in 40 States
2005-09-15, ABC News
http://abcnews.go.com/US/wireStory?id=1129802

The dire conditions created by Hurricane Katrina may be confined to the Gulf Coast, but on paper the emergency is all over the country. President Bush has declared that Katrina-related emergencies exist in 40 states and the District of Columbia. Apparently it does not take much to qualify as an emergency.

Note: These "emergencies" also give the president extraordinary powers to curtail civil liberties.


F.A.A. Alerted on Qaeda in '98, 9/11 Panel Said
2005-09-14, New York Times
http://www.nytimes.com/2005/09/14/politics/14terror.html?ex=1284350400&en=de7...

American aviation officials were warned as early as 1998 that Al Qaeda could "seek to hijack a commercial jet and slam it into a U.S. landmark," according to previously secret portions of a report prepared last year by the Sept. 11 commission. The officials also realized months before the Sept. 11 attacks that two of the three airports used in the hijackings had suffered repeated security lapses. Federal Aviation Administration officials were also warned in 2001 in a report prepared for the agency that airport screeners' ability to detect possible weapons had "declined significantly" in recent years, but little was done to remedy the problem. The White House and many members of the commission...have been battling for more than a year over the release of the commission's report on aviation failures. A footnote that was originally deleted from the report showed that a quarter of the security screeners used in 2001 by Argenbright Security for United Airlines flights at Dulles Airport had not completed required criminal background checks. Much of the material now restored in the public version of the commission's report centered on the warnings the F.A.A. received about the threat of hijackings, including 52 intelligence documents in the months before the Sept. 11 attacks that mentioned Al Qaeda or Osama bin Laden. Richard Ben-Veniste, a former member of the Sept. 11 commission, said the release of the material more than a year after it was completed underscored the over-classification of federal material. "It's outrageous that it has taken the administration a year since this monograph was submitted for it to be released," he said.


Report on CIA before 9/11 slams Tenet
2005-08-26, San Francisco Chronicle/New York Times
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/08/26/MNG4PEDOTL1.DTL

New director must decide whether to discipline any of the dozen-plus criticized. A long-awaited CIA inspector-general's report on the agency's performance before the Sept. 11 terrorist attacks includes detailed criticism of more than a dozen former and current agency officials, aiming its sharpest language at George Tenet, the former director of central intelligence. Tenet is censured for failing to develop and carry out a strategic plan to take on al Qaeda in the years before 2001, even after he wrote in a 1998 memo to the intelligence agencies that "we are at war" with the terrorist group. The findings place Goss in a delicate position. Now, as director of the CIA, he will have to decide whether to discipline any of those criticized, risking a further blow to the morale of an agency still charged with protecting the country against future terrorist attacks.

Note: Though various whistleblowers on the 9/11 cover-up have been fired or demoted, there has never been a report of a single government official being disciplined for failures which led to the 9/11 attacks. As pressure builds for accountability, Tenet, who resigned over a year ago, may be the chosen scapegoat.


USDA Reclassifies ‘Pink Slime’ as ‘Ground Beef’
2019-02-12, MSN
https://www.msn.com/en-us/foodanddrink/foodnews/usda-reclassifies-pink-slime-...

The inner-workings of a beef processing plant in Dakota Dunes, South Dakota, might not sound like compelling national news, but in 2012, ABC changed that with two little words: “pink slime.” As you probably recall, the news outlet questioned Beef Products, Inc. (BPI) about its ground beef filler known as “lean finely textured beef” (LFTI), utilizing the pejorative term “pink slime” in the process. The backlash from the report hit BPI’s bottom line hard, despite the fact that they maintained that LFTI is safe and made from 100 percent beef, and so the South Dakotan company sued ABC News. The news organization eventually settled out of court ... paying nine figures to BPI to end the whole mess. BPI survived the ordeal and are back in the news again for – guess what – lean finely textured beef. But don’t call it “LFTI.” And definitely don’t call it “pink slime.” According to Beef Magazine, the USDA has given its approval for BPI to call “lean finely textured beef” simply “ground beef.” “We approached USDA about the possibility of reclassifying our product,” Nick Ross, BPI vice president of engineering, [said] “After reviewing BPI’s submission of a new product and new production process, [the United States Department of Agriculture’s Food Safety and Inspection Service (FSIS)] determined that the product meets the regulatory definition of ground beef ... and may be labeled accordingly,” a FSIS spokesperson [confirmed]. But for consumers, the change won’t really mean that much.

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


Amish family ordered to connect outhouse to sewer, despite religious beliefs
2018-01-13, USA Today
https://www.usatoday.com/story/news/nation-now/2018/01/13/amish-family-ordere...

An Amish family in Pennsylvania must connect to its local municipal sewer system, even though it would require the use of an electric pump, which goes against the family's religious beliefs. A Jan. 5 opinion by a divided Pennsylvania Commonwealth Court finally ended the five-year legal battle. The court agreed with a lower court ruling that ordered the Yoder family to connect to the municipal sewer system. The Yoder family argued that use of electricity violates its religious convictions. The family has used an outhouse - an "old-fashioned privy" - that did not require running water or electricity. But Sugar Grove Township requires residents with properties that abut the sewer system to connect to it at the owners' cost. The ruling addressed whether the Yoders could connect to the system without use of an electric pump. The court ruled that that using an electric pump was ​the "least intrusive means" of connecting to the sewer system. In a dissenting opinion, Judge Patricia McCullough expressed concern with the ruling, saying there were other ways of disposing of sewage in a sanitary way that would not infringe upon the Yoder family's religious rights. That's a concern shared by Sara Rose, a senior staff attorney with the American Civil Liberties Union. "They didn't consider the other ways that the government could have achieved its ends," she said. She also said the decision unduly put the burden on the Yoders.

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


‘Calm Before the Storm’: Trump Makes Cryptic Remark at Military Dinner
2017-10-06, NBC News
https://www.nbcnews.com/politics/white-house/calm-storm-trump-makes-cryptic-r...

President Donald Trump made a series of cryptic remarks during a pre-dinner photo session with his top military advisers and their spouses Thursday night in the State Dining Room of the White House. As photographers snapped pictures and recorded video, Trump asked reporters: "You guys know what this represents?" “Maybe it’s the calm before the storm,” he said, answering his own question. "What's the storm?" one reporter asked. “Could be the calm before the storm,” he repeated. It was not immediately clear whether Trump was referring to one of a handful of thorny military or foreign policy areas - North Korea, the fight against ISIS, Iran's nuclear program, or the recent deaths of three U.S. soldiers in Niger - or simply making a joke. "We have the world's great military people in this room, I will tell you that. And uh, we're gonna have a great evening, thank you all for coming." "What storm, Mr. President?" NBC News' Kristen Welker asked again. "You'll find out," Trump replied, before reporters were ushered out of the room. NBC News has reached out to the White House for comment. In remarks to military leaders at the event, Trump thanked them and spoke of “pressing national security issues facing our country,” according to an official White House transcript. The mystery continued into Friday. Trump, asked again during a brief session with U.S. manufacturers what he meant the night before, said only that "you'll find out" and winked.

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


Mexico spying targeted international experts in student kidnapping case
2017-07-10, The Guardian/Associated Press
https://www.theguardian.com/world/2017/jul/10/spyware-mexico-kidnapping-inves...

Investigators have revealed that targets of high-tech spying in Mexico included an international group of experts backed by the Organization of American States who had criticized the government’s investigation into the disappearance of 43 students. Previous investigations by the internet watchdog group Citizen Lab found that the spyware had been directed at journalists, activists and opposition politicians in Mexico. But targeting foreign experts operating under the aegis of an international body marks an escalation of the scandal. The experts had diplomatic status, making the spying attempt even graver. The spyware, known as Pegasus, is made by the Israel-based NSO Group, which says it sells only to government agencies for use against criminals and terrorists. It turns a cellphone into an eavesdropper, giving snoopers the ability to remotely activate its microphone and camera and access its data. The spyware is uploaded when users click on a link in email messages. Citizen Lab said the spyware attempts against the international experts occurred in March 2016 as the group was preparing its final, critical report on the government investigation into the disappearances. The 43 students were detained by local police in the city of Iguala on 26 September 2014, and were turned over to a crime gang. Only one student’s remains have been identified. The experts criticized the government’s conclusions, saying ... that government investigators had not looked into other evidence.

Note: Read the report by Citizen Lab at the University of Toronto for the details of these suspicious spyware attacks. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and the erosion of civil liberties.


Sen. Warren: We Need Regulators Who 'Work For The American People'
2014-10-01, NPR Blog
http://www.npr.org/blogs/thetwo-way/2014/10/01/352852976/sen-warren-we-need-r...

Sen. Elizabeth Warren, a Democrat from Massachusetts, says newly released recordings of conversations between Federal Reserve officials show that the same kind of cozy relationships that led to the 2008 financial crisis still dominate Wall Street. "You really do, for a moment, get to be the fly on the wall that watches all of it, and there it is to be exposed to everyone: the cozy relationship, the fact that the Fed is more concerned about its relationship with a too-big-to-fail bank than it is with protecting the American public," Warren says. The recordings don't reveal anything outright illegal. Instead, they reveal Fed officials discussing "legal but shady" transactions and then wringing their hands over how to delicately bring them up with the bank. Warren, who before coming into office led an effort to create the U.S. Consumer Financial Protection Bureau, says that trepidation is another thing wrong with regulators today. "The fact that Goldman could mount a legal defense here is not really the point of these tapes. The point of these tapes is that the regulators are backing off long before anyone's in court making a legal argument about whether or not they came right up to the line or they crossed over the line." The bottom line, Warren says, is that the United States needs regulators "who understand that they work for the American people, not for the big banks."

Note: For more on this, see concise summaries of deeply revealing financial corruption news articles from reliable major media sources.


Warren Calls for Hearings on New York Fed Allegations
2014-09-27, BloombergBusinessweek
http://www.businessweek.com/news/2014-09-26/new-york-fed-denies-allegations-o...

U.S. Senator Elizabeth Warren called for congressional hearings into allegations that the Federal Reserve Bank of New York has been too deferential to the firms it regulates. A radio program about the regional Fed bank raised “disturbing issues.” “It’s our job to make sure our financial regulators are doing their jobs,” Warren, a Massachusetts Democrat and member of the Senate Banking Committee, said in a statement yesterday. The program “This American Life” released the transcript of a broadcast that includes excerpts of conversations it said were secretly recorded by Carmen Segarra, a former New York Fed bank examiner who was fired in 2012, with some of her colleagues and her supervisor. In the transcript, Segarra described how she felt that her Fed colleagues were afraid of Goldman Sachs Group Inc. and handled it with kid gloves. Senator Sherrod Brown, an Ohio Democrat who’s also on the banking committee, backed Warren’s call for a probe. Segarra sued the New York Fed last October, alleging she was fired in May 2012 after refusing to change her findings on the conflict-of-interest policy. In 2009, New York Fed President William C. Dudley commissioned a probe into his own institution’s practices by David Beim, a finance professor at Columbia Business School. In a report submitted that year and released by the Financial Crisis Inquiry Commission in 2011, Beim wrote that a number of people he interviewed at the reserve bank “believe that supervisors paid excessive deference to banks and as a result they were less aggressive in finding issues or in following up on them in a forceful way.”

Note: Listen to these revealing recordings and more. For more on this, see concise summaries of deeply revealing financial corruption news articles from reliable major media sources.


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