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Something extraordinary was revealed today. Former high-level officials and scientists with deep black experience who have always remained in the shadows came forward on one platform. These insiders have long-standing connections to government agencies which may have programs investigating unidentified aerial phenomena (UAP/UFOs). The team includes a 25-year veteran of the CIA’s Directorate of Operations, a Lockheed Martin Program Director for Advanced Systems at “Skunk Works”, and a former deputy Assistant Secretary of Defense for Intelligence. Today marked the official launch of To The Stars Academy of Arts & Science (TTS/AAS) an innovative Public Benefit Corporation which will advance research into unexplained phenomena and develop related technology. Luis Eiizondo [is] the former Director of Programs to investigate Unidentified Aerial Threats for the Office of the Secretary of Defense. As a result of his position managing the DOD program for almost a decade, Lue said “I learned that the phenomena is indeed real.” Lue does not speak for the DOD, since he is no longer employed there; he speaks independently as part of the TTS Academy. Lue also stated: “We are also planning to provide never before released footage from real US Government systems...not blurry, amateur photos, but real data and real videos.” And even more significant: “We are inviting our Government colleagues and friends in Defense to participate regularly with their own findings.”
Note: Watch an intriguing 40-minute video of this group of very high level military intelligence talking openly about UFOs (transcript here). This is clearly a carefully planned and staged event. The question is to what end? Watch an excellent eight-minute video showing something is seriously fishy about Tom DeLonge and his company. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
Reporter and NBC contributor Ronan Farrow pursued leads about Harvey Weinstein's misconduct for months, but NBC passed on the chance to publish his story. "Ronan was basically told to stop working on this," according to a source. So Farrow contacted David Remnick, the editor of The New Yorker. Now the magazine is receiving widespread acclaim for publishing the investigation. What happened at NBC is a media world mystery. Did the network's executives not have the stomach for the inevitable legal threats? Were they trying to protect relationships in Hollywood? Or were there other reasons? The official explanation, from the news division's president Noah Oppenheim, is that "we didn't feel that we had all the elements that we needed to air it," so Farrow "took it to The New Yorker." But some staffers aren't buying that. And they're wondering why Farrow's taped interviews with accusers aren't being broadcast now. The question of how NBC could have let this scoop get away is big enough that it even came up on sister network MSNBC Tuesday night. Host Rachel Maddow asked Farrow, "Why did you end up reporting this story for The New Yorker and not for NBC News?" "Look," Farrow responded, "you would have to ask NBC and NBC executives about the details of that story." Earlier in the interview, he had mentioned that he taped one of his on-camera interviews way back in January.
Note: For more along these lines, see concise summaries of deeply revealing news articles on mass media corruption and sexual abuse scandals.
A team of former spies and spooks came out of the shadows Wednesday to talk about UFOs. The men formerly worked in national security positions within the Pentagon or intelligence agencies, which is where they were first exposed to classified information about UFO encounters. Now, they've signed on with rock star Tom DeLonge in his quest to build a public company that could study and harness exotic technology. The fact that these high-level government operatives would appear on the same stage with a rock star turned UFO hunter ... shows that serious people think it's time for secrecy to end and public involvement to begin. Part of what was learned in Wednesday's announcement involves a stunning UFO encounter with one of the most powerful warships in the world. On a sunny day in 2004 off the coast of San Diego, the USS Nimitz battle group encountered a technology beyond anything known on earth. It was a mystery aircraft shaped like a 46-foot long Tic Tac that hovered and maneuvered for hours and defied the F-18's sent to intercept. "In a series of discreet tumbling maneuvers that appear to defy the laws of physics, the object takes a position directly behind the approaching F-18. The pilots capture gun camera footage and infrared imagery of the object but are outmatched by a technology they have never seen," said Chris Mellon, former Defense Department intelligence official. An investigation by the navy was hushed up. The only public mention was in a little known aviation magazine read by pilots.
Note: Watch an intriguing 40-minute video of this group of very high level military intelligence talking openly about UFOs (transcript here). This is clearly a carefully planned and staged event. The question is to what end? Watch an excellent eight-minute video showing something is seriously fishy about Tom DeLonge and his company. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
When I read the recent allegations that Harvey Weinstein had sexually harassed women for decades, I thought — well, of course. Mr. Weinstein was a famously swaggering bully, and while I hadn’t heard about the specific charges of sexual abuse by women working for him, such behavior fits the movie industry’s pervasive, unrepentant exploitation of women. And then on Tuesday, The New Yorker revealed that three women, including the Italian actress-turned-director Asia Argento, said that “Weinstein raped them.” It’s greatly encouraging that women like Gwyneth Paltrow have gone public about Mr. Weinstein. But he is not an aberration. He is an ordinary, malignant symptom of systemic sexism, as is everyone who facilitated him, shrugs it off now or offensively asks why women didn’t say something sooner. What largely separates Mr. Weinstein from other predators, within and without the entertainment world, is that he was once powerful, he got caught and a number of gutsy women are on the record. Together, their voices are creating a forceful rejoinder to an industry that runs on fear and in which silence is at once a defense and a weapon as well as a condition of employment. One problem is that the entertainment industry is extraordinarily forgiving of those who have made a lot of money. Despite pressure, including from the likes of Ava DuVernay and Lena Dunham, the industry resists change. Those in power don’t see an upside in ceding it.
Note: For more along these lines, see concise summaries of deeply revealing news articles on mass media corruption and sexual abuse scandals.
In perhaps its most audacious and elaborate incursion into academia, the CIA has secretly spent millions of dollars staging scientific conferences around the world. Its purpose was to lure Iranian nuclear scientists out of their homeland and into an accessible setting, where its intelligence officers could approach them individually and press them to defect. While a university campus might have only one or two professors of interest to an intelligence service, the right conference – on drone technology, perhaps, or Isis – could have dozens. The FBI and CIA swarm conferences. At gatherings in the US, says one former FBI agent, “foreign intelligence officers try to collect Americans; we try to collect them”. The CIA is involved with conferences in various ways: it sends officers to them; it hosts them through front companies in the Washington area, so that the intelligence community can tap academic wisdom; and it mounts sham conferences to reach potential defectors from hostile countries. Scientific conferences have become such a draw for intelligence agents that one of the biggest concerns for CIA operatives is interference from agency colleagues trapping the same academic prey. “We tend to flood events like these,” a former CIA officer who writes under the pseudonym Ishmael Jones observed in his 2008 book, The Human Factor: Inside the CIA’s Dysfunctional Intelligence Culture.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in science and in the intelligence community.
President Donald Trump said he wanted what amounted to a nearly tenfold increase in the U.S. nuclear arsenal during a gathering this past summer of the nation’s highest-ranking national security leaders, according to three officials who were in the room. Trump’s comments, the officials said, came in response to a briefing slide he was shown that charted the steady reduction of U.S. nuclear weapons since the late 1960s. Trump indicated he wanted a bigger stockpile, not the bottom position on that downward-sloping curve. According to the officials present, Trump’s advisers, among them the Joint Chiefs of Staff and Secretary of State Rex Tillerson, were surprised. Some officials present said they did not take Trump’s desire for more nuclear weapons to be literally instructing the military to increase the actual numbers. But his comments raised questions about his familiarity with the nuclear posture and other issues. Two officials present said that at multiple points in the discussion, the president expressed a desire not just for more nuclear weapons, but for additional U.S. troops and military equipment. Any increase in America’s nuclear arsenal would not only break with decades of U.S. nuclear doctrine but also violate international disarmament treaties signed by every president since Ronald Reagan. Nonproliferation experts warned that such a move could set off a global arms race.
Note: For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.
There have been few movie executives as dominant, or as domineering, as Harvey Weinstein. His movies have earned more than three hundred Oscar nominations. For more than twenty years, Weinstein, who is now sixty-five, has also been trailed by rumors of sexual harassment and assault. His behavior has been an open secret to many in Hollywood and beyond, but ... too few people were willing to speak, much less allow a reporter to use their names, and Weinstein and his associates used nondisclosure agreements, payoffs, and legal threats to suppress their accounts. On October 5th, the New York Times ... revealed multiple allegations of sexual harassment against Weinstein, an article that led to the resignation of four members of the Weinstein Company’s all-male board, and to Weinstein’s firing. There is more to know and to understand. In the course of a ten-month investigation, I was told by thirteen women that, between the nineteen-nineties and 2015, Weinstein sexually harassed or assaulted them. Their allegations corroborate and overlap with the Times’s revelations, and also include far more serious claims. Three of the women ... told me that Weinstein had raped them. Sixteen former and current executives and assistants at Weinstein’s companies ... said that the behavior was widely known within both Miramax and the Weinstein Company. Virtually all of the people I spoke with told me that they were frightened of retaliation.
Note: The recording of Weinstein attempting to seduce a model and admitting to groping her breasts mentioned in this article and available here is quite revealing. And why was an NBC reporter who had the inside scoop "told to stop working on this"? For more along these lines, see concise summaries of deeply revealing news articles on mass media corruption and sexual abuse scandals.
Former high-level officials and scientists with deep black experience ... are now stepping into the light. These insiders ... intend to move into the private sector and to make all declassified information, and any future knowledge, available for all to see. It all started with award-winning platinum recording artist ... Tom DeLonge. Tom spent many years studying UFOs, and essentially left his previous lucrative career to ... set up an entertainment company called To The Stars (TTS). It had the goal of disseminating information about UFOs, consciousness, the paranormal and other unexplained mysteries. He has assembled a new team of collaborators and created The To The Stars Academy of Arts and Science (TTS/AAS). According to a TTS/AAS statement, its team members who have been operating under the shadows of top-secrecy for decades believe that there is sufficient credible evidence of [UFOs] that proves exotic technologies exist that could revolutionize the human experience. The Science division will conduct the research, which will also include consciousness, engineering space-time, brain-computer interface, genomics, and creating a database of supranormal experiences. Aerospace will apply the science to create next-generation energy and propulsion concepts for transportation and spaceflight that could forever change movement across land, water, air, and Entertainment will offer informative storytelling that provides insight into the journey.
Note: For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
Under a white tent on the shores of the Dead Sea, Huda Abuarquob's frustration melted away. Dancing arm-in-arm with thousands of Israeli and Palestinian women, she felt hope surround her. The women, who came together Sunday morning in the "Peace Tent," had marched through the desert to the lowest point on earth, to demand an end to the Israeli-Palestinian conflict. The march was the culmination of two weeks of events, attended by more than 30,000 women, throughout Israel and the West Bank, organized by Women Wage Peace, a grassroots organization calling for a "bilaterally acceptable political agreement." The last round of [peace] negotiations ... fell apart in April 2014, with the two sides blaming each other. A few months later, Israel and Gaza were at war. Women Wage Peace was founded in the aftermath of the Gaza war, when organizers felt there was a need for a different approach. "Something happened in 2014," said Yael Triedel, an Israeli who participated in the march. "The recognition that this is it. We have to do it. The leaders didn't manage to do it so far, and it's our responsibility to make it happen." On Sunday evening, tens of thousands of women gathered ... for the conclusion of the peace march. Former Knesset member Shakib Shanan, whose son was one of two border police officers killed near Jerusalem's holiest site in mid-July, spoke at the park. "We are allowed to say this out loud - we are lovers of peace.
Note: Don't miss pictures of this beautiful and powerful event at the link above.
The owner of the world's first sex doll brothel says he is resisting demands for child sex dolls and rape fantasy scenarios from disturbed customers. Sergi Prieto, co-founder of LumiDolls in Barcelona, is proud his brothel can offer punters a wide range of services with any of their four silicon working girls – but thinks some requests are just unacceptable. LumiDolls' website has a picture of one of the 'women' in school uniform and claims "schoolgirl is one of the most popular fetishes". But every ethical businessman has to draw a line somewhere – and for Pietro, it is an obvious one. He said: "Some customers prefer the service because they have a rape fantasy. Obviously we don't want to promote this kind of activity." Likewise, he acknowledged a sickening demand for child sex dolls, which were recently outlawed in Britain, where a couple of men have already been convicted of importing them. "In this market there are lots of suppliers that sell dolls that look like children. There exist dolls that are small and look like children," Prieto [said]. "That's an ethical option for us not to provide this kind of service. We could do that, but we don't want to promote this kind of behaviour." Some academics have controversially argued that child sex dolls could be used to prevent paedophiles from attacking real children.
Note: Read more about the controversy surrounding these products. Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly 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 sexual abuse scandal news articles.
There is a powerful reason that automakers worldwide are speeding up their efforts to develop electric vehicles - and that reason is China. Propelled by vast amounts of government money and visions of dominating next-generation technologies, China has become the world’s biggest supporter of electric cars. That is forcing automakers from Detroit to Yokohama and Seoul to Stuttgart to pick up the pace of transformation. Beijing has already called for one out of every five cars sold in China to run on alternative fuel by 2025. Last month, China issued new rules that would require the world’s carmakers to sell more alternative-energy cars here if they wanted to continue selling regular ones. China has reshaped industries before. This, however, would be on a different scale. If China succeeds - and there is no guarantee - Beijing’s policy makers will be front and center reimagining the global auto industry. Already, China is the world’s largest maker and seller of electric cars. Chinese buyers are on track to snap up almost 300,000 of them this year, three times the number expected to be sold in the United States and more than the rest of the world combined. The country’s market heft is considerable. China buys more General Motors-branded cars than Americans do. Even for Tesla, the still-small American maker of luxury electric sedans, China has become the second-largest market, even though China’s taxes on imported cars are 10 times as high as those in the United States.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
As balconies bristle with tree branches and sunshine dapples the leaves of thousands of plants, two apartment buildings in the heart of Milan have almost disappeared under lush forest. The brainchild of Milanese architect Stefano Boeri, the Bosco Verticale ... uses more than 20,000 trees and plants to adorn the high-rise buildings from top to bottom - a project now being exported all over the world. Cherry, apple and olive trees spill over balconies alongside beeches and larches, selected and positioned according to their resistance to wind and preference for sunlight or humidity. Boeri said the idea came from his obsession with trees and determination to make them "an essential component of architecture," particularly as a weapon to combat climate change. Boeri worked closely with botanists to create a nursery of a thousand trees that have been trained to grow under specific conditions. The team faced numerous challenges, from how the balconies should be structured to take the weight of the plants, to ... what needed to go into the soil. They even carried out resistance tests at a hurricane centre in Miami. "For every human being living in the building, there are about two trees, 10 shrubs and 40 plants," Boeri said. The vegetation soon transformed into a veritable wildlife park: 9,000 ladybirds brought over from Germany to eat parasites - to leave the plants pesticide free - multiplied over the space of a few weeks. "We did not expect ... the incredible amount of birds that nested here," Boeri said.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Justin Rosenstein had tweaked his laptops operating system to block Reddit, banned himself from Snapchat, which he compares to heroin, and imposed limits on his use of Facebook. He was particularly aware of the allure of Facebook likes, which he describes as bright dings of pseudo-pleasure that can be as hollow as they are seductive. And Rosenstein should know: he was the Facebook engineer who created the like button. There is growing concern that as well as addicting users, technology is contributing toward so-called continuous partial attention, severely limiting peoples ability to focus, and possibly lowering IQ. One recent study showed that the mere presence of smartphones damages cognitive capacity even when the device is turned off. But those concerns are trivial compared with the devastating impact upon the political system that some of Rosensteins peers believe can be attributed to the rise of social media and the attention-based market that drives it. Drawing a straight line between addiction to social media and political earthquakes like Brexit and the rise of Donald Trump, they contend that digital forces have completely upended the political system and, left unchecked, could even render democracy as we know it obsolete. It is revealing that many of these younger technologists are weaning themselves off their own products, sending their children to elite Silicon Valley schools where iPhones, iPads and even laptops are banned.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
In the mid-1950s, LSD and other psychedelic drugs took the medical world by storm. Studies at the time suggested that the hallucinogens were effective against a variety of difficult-to-treat mental health problems. The research stalled in the early 1970s ... but [it] is picking up again. If the drugs prove to be as safe and effective as recent research suggests, we may be on the brink of what some are calling a revolution in mental health care. People with mood disorders, including those who are unresponsive to conventional therapies, might be able to ditch their antidepressants and antianxiety medications. Those with terminal illness could enjoy their remaining days without the fear of death looming over them, while people with PTSD could return to a normal life unobstructed by paralyzing flashbacks. We’re not at this point yet. But such is the promise of psychedelic medicine. What makes psychedelic therapy so powerful? Experts say it may be because the drugs work on a deep emotional as well as biological level, with patients experiencing a transformative sense of positivity, benevolence, and unity. "Unlike almost all other psychiatric medications ... these drugs seem to work through biology to open up a psychological opportunity," says Matthew Johnson, a Johns Hopkins University psychiatrist. And the drugs’ benefits may go beyond simply treating specific disorders. In 2011, Johnson and his colleagues showed that a single psilocybin session can give people a more "open" personality, as well as a greater appreciation of new experiences.
Note: Articles like this suggest that the healing potentials of mind-altering drugs are gaining mainstream scientific credibility.
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.
As of Wednesday, half of Puerto Ricans had access to drinking water and 5 percent of the island had electricity, according to statistics published by the Federal Emergency Management Agency on its Web page. By Thursday morning, both of those key metrics were no longer on the Web page. The statistics that are on the FEMA page, as of Thursday afternoon, include these: There are now 14,000 federal workers on the ground in Puerto Rico and the U.S. Virgin Islands, up from 12,300 earlier in the week. All airports, federally maintained ports and post offices are open. More than 30 miles of roadway have been cleared, up from about 20 miles earlier in the week. About 65 percent of grocery stores have reopened, along with nearly all hospitals and dialysis centers. And 64 percent of wastewater treatment plants are working on generator power. Those statistics illustrate President Trump's assertions that the island is quickly making tremendous strides toward full recovery and that the media have exaggerated the conditions on the ground.
Note: As of Friday afternoon, the Federal Emergency Management Agency is once again reporting the percentage of Puerto Ricans who have access to drinking water and the percentage of the island that has power.
When researchers collected honey samples from around the world, they found that three-quarters of them had a common type of pesticide suspected of playing a role in the decline of bees. That demonstrates how pervasive a problem the much-debated pesticide is for honeybees, said authors of a study published ... in the journal Science. "What this shows is the magnitude of the contamination," said study lead author Edward Mitchell ... adding that there are "relatively few places where we did not find any." Over the past few years, several studies - in the lab and the field - link insecticides called neonicotinoids ... or neonics, to reduced and weakened honeybee hives. Neonics work by attacking an insect's central nervous system. As part of a citizen science project, the Swiss researchers asked other experts, friends and relatives to ship them honey samples. More than 300 samples arrived and researchers tested 198 of them for five of the most common types of neonics. Overall, 75 percent of the samples had at least one neonic, 45 percent had two or more and 10 percent had four or more. Results varied by region. In North America, 86 percent of samples had the pesticide; Asia, 80 percent; Europe, where there's a partial ban, 79 percent; Africa 73 percent; the Australian region, 71 percent and South America, 57 percent. The study found that nearly half of the honey samples exceeded a level of the pesticide that some previous research said weakens bees.
Note: CNN News reported in 2010 that pesticide manufacturer Bayer covered up the link between its neonicotinoids and massive bee die-offs. Read more about how these pesticides sicken bees and harm food crops. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.
FBI agents are devoting substantial resources to a multistate hunt for two baby piglets that the bureau believes are named Lucy and Ethel. The two piglets were removed over the summer from the Circle Four Farm in Utah by animal rights activists who had entered the Smithfield Foods-owned factory farm to film the brutal, torturous conditions in which the pigs are bred. The rescue of these two particular piglets has literally become a federal case - by all appearances, a matter of great importance to the Department of Justice. On the last day of August, a six-car armada of FBI agents in bulletproof vests ... descended upon two small shelters for abandoned farm animals. Subsequent events confirmed that this show of FBI force was designed to intimidate the sanctuaries, which played no role in the rescue. Obviously, the FBI and Smithfield - the nations largest industrial farm corporation - dont really care about the missing piglets. What they care about is the efficacy of a political campaign intent on showing the public how animals are abused at factory farms, and they are determined to intimidate those responsible. Deterring such campaigns ... is, manifestly, the only goal here. What made this piglet rescue particularly intolerable was an article that appeared in the New York Times days after the rescue, which touted the use of virtual reality technology by animal rights activists to allow the public to immerse in the full experience of seeing what takes place in these companies farms.
Note: Those who expose at wrongdoing at factory farms are increasingly treated more harshly by US law than the companies perpetrating this wrongdoing. When activist drone footage exposed toxic cesspools around Smithfield Farms in 2014, North Carolina responded with legislation designed to silence whistle-blowers. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the food system.
A suburban Detroit woman was handcuffed Wednesday and sent to a jail for seven days for failing to follow an agreement to have her 9-year-old son vaccinated. An Oakland County judge noted that Rebecca Bredow agreed to the immunization last November. Her ex-husband wanted their son vaccinated, but Bredow is the primary caregiver. Bredow ... said she takes "full responsibility" for her actions. She said vaccinations go against her beliefs and she should have raised her objections sooner. "I'm a passionate mother who cares deeply about my children, their health and their well-being ... If my child was forced to be vaccinated, I couldn't bring myself to do it," Bredow said. The judge said Bredow has a history of making child-rearing decisions without consent from her ex-husband. McDonald granted temporary custody to him and ordered the boy to be properly vaccinated. Tasha Shurgin was among protesters gathered outside the courthouse, CBS Detroit reports. "I don't think that going to jail is ever good, but I think it's important that people stand for what they believe," she told CBS Detroit. "I don't think she could live with herself; I know I couldn't live with myself if I was forced to make a decision that goes against everything I believe in."
Note: For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.
Wells Fargo & Co. executives and directors accused of steering the bank into the worst scandal of its modern history were ordered to defend a lawsuit accusing them of profiting from the creation of millions of fake customer accounts. A San Francisco federal judge ruled this week that shareholders can proceed with a suit alleging the company’s top brass “repeatedly and brazenly” failed to serve Wells Fargo’s best interests. He found the complaint properly laid out evidence showing that executives and directors made false statements about the scheme in the bank’s filings to the Securities and Exchange Commission. The ruling came a day after Sen. Elizabeth Warren ... attacked Wells Fargo Chief Executive Officer Tim Sloan while he testified before Congress. “You should be fired,” Warren said. “You enabled this fake account scam, you got rich off it, and you tried to cover it up.” Last month, U.S. District Judge Jon Tigar ... dismissed insider trading claims under California law against Sloan and Wells Fargo Chief Risk Officer Michael Loughlin, as well as former CEO John Stumpf and former head of community banking Carrie Tolstedt. An independent probe commissioned by the bank concluded in April that senior bank managers failed to heed warnings of spreading sales abuses for more than a decade, treating thousands of fired employees as rogues, and then downplayed the mounting terminations as the board began raising questions.
Note: Read more about the massive fraud perpetrated by Wells Fargo. Steve Glazer, chairman of the California Senate Banking and Financial Institutions Committee, recently compared this bank's actions with the behavior of Enron when its culture of corruption initially came to light. For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.