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The United States and Israel have reached final agreement on a record new package of at least $38 billion in U.S. military aid and the 10-year pact is expected to be signed this week. The deal will represent the biggest pledge of U.S. military assistance made to any country but also involves major concessions granted by Israeli Prime Minister Benjamin Netanyahu, according to officials on both sides. Those include Israel’s agreement not to seek additional funds from Congress beyond what will be guaranteed annually in the new package, and also to phase out a special arrangement that has allowed Israel to spend part of its U.S. aid on its own defense industry instead of on American-made weapons, the officials said. Nearly 10 months of drawn-out aid negotiations have underscored continuing friction between U.S. President Barack Obama and Netanyahu over last year's U.S.-led nuclear deal with Iran, Israel's arch-foe. The United States and Israel have also been at odds over the Palestinians. But the right-wing Israeli leader decided it would be best to forge a new arrangement with Obama. A deal now allows him to avoid uncertainties surrounding the next president ... and to give Israel’s defense establishment the ability to plan ahead. The new package for the first time will incorporate money for Israeli missile defense, which until now has been funded ad hoc by Congress. U.S. lawmakers have in recent years given Israel up to $600 million in annual discretionary funds for this purpose.
Note: If you divide this package of $38 billion by Israel's population of 8.5 million, you will discover that US taxes are providing the equivalent of nearly $5,000 to each citizen of Israel over the next 10 years. That is one huge perk! And note that no major media have pointed out this fact or even reported on this latest package except Reuters. A recent lawsuit claims that this aid package violates the Nuclear Non-Proliferation Treaty. Why is this not being widely reported and discussed? government corruption news articles from reliable major media sources.
When Wells Fargo was hit last week with $185 million in fines after thousands of its employees were caught setting up fake accounts customers didn't ask for, regulators heralded the settlement as a breakthrough. But the fines being levied against Wells Fargo pale in comparison to the bank's yearly profit - more than $20 billion in 2015. It is also less than the more than $200 million that the stock in the company held by company's chief executive, John G. Stumpf is worth. The fines also are not that much more than the $125 million one of its top executives, Carrie Tolstedt, will walk away with when she retires this year. "There are two possibilities: Customer abuse was part of business model, in which case lots of high ranking people need to go to prison," said Bart Naylor, a financial policy advocate. "Or the bank is too big to manage, and folks high up don’t even know that laws are being broken a few levels down." The magnitude of the fraud described by regulators should be thoroughly investigated, five Democratic lawmakers said in a letter to the head of the Senate Banking Committee, Richard Shelby (R-Ala.), asking for a hearing on the case. The lawmakers, including Sen. Robert Menendez of New Jersey, said Wells Fargo's CEO, John G. Stumpf, should be called to testify. "It is difficult to believe a large-scale, coordinated [scheme] like this took place without knowledge of some higher ups," Menendez said in an interview.
Note: For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
An Australian study has found that about one in five corporate executives are psychopaths – roughly the same rate as among prisoners. The study of 261 senior professionals in the United States found that 21 per cent had clinically significant levels of psychopathic traits. The rate of psychopathy in the general population is about one in a hundred. Nathan Brooks, a forensic psychologist who conducted the study, said the findings suggested that businesses should improve their recruitment screening. He said recruiters tend to focus on skills rather than personality features and this has led to firms hiring "successful psychopaths" who may engage in unethical and illegal practices or have a toxic impact on colleagues. "Typically psychopaths create a lot of chaos and generally tend to play people off against each other," he said. "Psychopaths ... don't mind if they violate morals. It is about getting where they want in the company and having dominance over others." The global financial crisis in 2008 has prompted researchers to study workplace traits that may have allowed a corporate culture in which unethical behaviour was able to flourish. Mr Brooks's research ... was based on a study of corporate professionals in the supply chain management industry across the US. The researchers have been examining ways to help employers screen for potential psychopaths. "We hope to implement our screening tool in businesses ... to hopefully identify this problem," Mr Brooks said.
Note: This study was retracted in 2018 following allegations of plagiarism. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
In the 1960s, the sugar industry funded research that downplayed the risks of sugar and highlighted the hazards of fat, according to a newly published article in JAMA Internal Medicine. The article draws on internal documents to show that an industry group called the Sugar Research Foundation wanted to "refute" concerns about sugar's possible role in heart disease. The SRF then sponsored research by Harvard scientists that did just that. The result was published in the New England Journal of Medicine in 1967, with no disclosure of the sugar industry funding. There's no evidence that the SRF directly edited the manuscript published by the Harvard scientists in 1967, but there is "circumstantial" evidence that the interests of the sugar lobby shaped the conclusions of the review, the researchers say. The documents in question are five decades old, but the larger issue is of the moment, as Marion Nestle notes in a commentary in the same issue of JAMA Internal Medicine: "Is it really true that food companies deliberately set out to manipulate research in their favor? Yes, it is, and the practice continues. In 2015, the New York Times obtained emails revealing Coca-Cola's cozy relationships with sponsored researchers who were conducting studies aimed at minimizing the effects of sugary drinks on obesity. More recently, the Associated Press obtained emails showing how a candy trade association funded and influenced studies to show that children who eat sweets have healthier body weights than those who do not."
Note: Read more on the sugar industry's manipulation of science. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.
I do my best to resist the thought that prison is a reflection of our society, but the comparisons are unavoidable. From the moment I crossed the threshold from freedom to incarceration because I was charged with, and a jury convicted me of, leaking classified information to a New York Times reporter, I needed no reminder that I was no longer an individual. Prison, with its “one size fits all” structure, is not set up to recognize a person’s worth; the emphasis is removal and categorization. Inmates are not people; we are our offenses. Considering the charges and conviction that brought me here, I’m not exactly sure to which category I belong. No matter. There is an overriding category to which I do belong, and it is this prison reality that I sadly “compare unto the world”: I’m not just an inmate, I’m a black inmate. Here, I am my skin color. Whenever, in my stubborn idealism, I refuse to acknowledge being racially categorized and question the submission to it, the other prisoners invariably respond, “Man, this is prison.” What I see in prison is sad, but what I’m seeing from prison is worse. During my time in the CIA it became clear, in the organization’s words and actions toward me, that they saw me not as an American who wanted to serve his country but as “a big black guy.” There is a black America, there is a white America, there are many Americas. The greatness and promise of this country lies in equality reinforced by our differences. When I am free, I don’t want to feel that I’m merely going from one prison to another.
Note: The above was written by Jeffrey Sterling, a former CIA agent targeted for prosecution as part of the Obama Administration's "crack down on the press and whistle-blowers." Author James Risen tried to help Sterling expose CIA racism, and later wrote an unrelated book exposing some questionable government practices. Sterling was then sent to prison for what Risen wrote. Risen's latest book exposes major government corruption related to the war on terror.
The sugar industry paid scientists in the 1960s to play down the link between sugar and heart disease and promote saturated fat as the culprit instead, newly released historical documents show. The internal sugar industry documents ... published Monday in JAMA Internal Medicine, suggest that five decades of research into the role of nutrition and heart disease, including many of today’s dietary recommendations, may have been largely shaped by the sugar industry. A trade group called the Sugar Research Foundation ... paid three Harvard scientists the equivalent of about $50,000 in today’s dollars to publish a 1967 review of research on sugar, fat and heart disease. The studies used in the review were handpicked by the sugar group, and the article, which was published in the prestigious New England Journal of Medicine, minimized the link between sugar and heart health and cast aspersions on the role of saturated fat. The food industry has continued to influence nutrition science. For many decades, health officials encouraged Americans to reduce their fat intake, which led many people to consume low-fat, high-sugar foods that some experts now blame for fueling the obesity crisis. Today, the saturated fat warnings remain a cornerstone of the government’s dietary guidelines, though in recent years the American Heart Association, the World Health Organization and other health authorities have also begun to warn that too much added sugar may increase cardiovascular disease risk.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in science and in the food system.
UCSF researchers believe they have uncovered a decades-old effort by the sugar industry to exonerate sugar as a dietary culprit for heart disease and shift the blame onto fat and cholesterol. In a paper published in Monday’s JAMA Internal Medicine, the researchers reveal a scheme in which the sugar industry’s main trade group paid two Harvard scientists to conduct a literature review in the mid-1960s that challenged emerging evidence linking sugar consumption to risk factors for cardiovascular disease. The Harvard scientists concluded there was “no doubt” that reducing dietary cholesterol and substituting polyunsaturated fat for saturated fat would prevent heart disease. Such recommendations helped persuade Americans to replace their butter with margarine and eat fat-free cookies and other sugar-laden treats. “We have been indoctrinated in this belief that if we don’t eat a low-fat diet, we’ll die of the No. 1 killer disease,” said co-author Laura Schmidt, professor of health policy at UCSF School of Medicine. “Now we’ve learned the sugar industry paid off Harvard to tell us that.” They showed that the Sugar Research Foundation, which is now known as the Sugar Association, paid Fredrick Stare and fellow faculty member D. Mark Hegsted the equivalent of about $50,000 in 2016 dollars to write a heavily critical review of studies that linked sucrose to heart disease. Their reviews were published in the prestigious New England Journal of Medicine in 1967.
Note: For more on how the sugar industry conspired against public health, see this Time magazine article. For even more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Health Information Center.
Years before anyone had ever heard of [Edward] Snowden, [Bill] Binney, a gifted cryptologist and mathematician, was pushing back against the NSA’s spying overreach. In October 2001 ... he resigned rather than participate in a clandestine, massively overpriced and questionably legal electronic spying system code-named Trailblazer. Eventually, the government came after him. [Binney] was thrilled by [Oliver] Stone’s powerful biopic of Snowden, who astounded the world with his massive exposure of the NSA’s global spying programs. "I think it will help people understand what is really going on behind the scenes. They are invading the privacy of everyone," he says. "They can turn on your cellphone and listen to you. They can turn on your camera and watch you." In 2013 ... James Clapper, the director of national intelligence, [lied] under oath during a congressional hearing about the NSA’s spying programs. Snowden was watching. He had also seen what had happened to Binney and fellow NSA executives Thomas Drake, Ed Loomis and Kirk Wiebe, whose homes were raided by FBI agents after The New York Times exposed the NSA’s secret spying programs in 2005. Drake, prosecuted under the 1917 Espionage Act, was eventually acquitted ... but his career was ruined. [Snowden's] critics insist he should have pursued his complaints internally, despite the persuasive examples of Binney and his comrades that such resistance is futile, even risky.
Note: Watch a free trailer or rent the whole documentary on this webpage. Read a revealing, detailed New York Times article on Oliver Stone and his profound work to expose corruption and manipulation through film. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy.
Between 2003 and 2009, the Bush White House “lost” 22 million emails. This correspondence included millions of emails written ... when the Bush administration was ginning up support for what turned out to be a disastrous war in Iraq with false claims that the country possessed weapons of mass destruction (WMD). Most troubling, researchers found a suspicious pattern in the White House email system blackouts, including periods when there were no emails available from the office of Vice President Dick Cheney. In 1978, Congress passed the Presidential Records Act (PRA), which mandated that all presidential and vice presidential records ... be preserved and that the public, not the president, owned the records. Bush administration emails could have aided a special prosecutor’s investigation into a White House effort to discredit a diplomat who disagreed with the administration’s fabricated Iraq WMD evidence. Special Prosecutor Patrick Fitzgerald, who was brought in to investigate that case, said ... potentially relevant emails sent by aides in Cheney's office were in the administration's system but he couldn’t get them. The supposedly lost emails also prevented Congress from fully investigating, in 2007, the politically motivated firing of nine U.S. attorneys. When the ... Senate Judiciary Committee subpoenaed related emails, Bush’s attorney general, Alberto Gonzalez, said many were inaccessible or lost on a nongovernmental private server run by the RNC.
Note: The Bush administration's lies about WMDs in Iraq were covered up, in part, by publicly revealing the identity of undercover CIA officer Valerie Plame. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and the manipulation of public perception.
Two dolphins have been recorded having a conversation for the first time after scientists developed an underwater microphone which could distinguish the animals' different "voices". Researchers have known for decades that the mammals had an advanced form of communication. But scientists have now shown that dolphins alter the volume and frequency of pulsed clicks to form individual "words" which they string together into sentences in much the same way that humans speak. Researchers at the Karadag Nature Reserve, in Feodosia, Ukraine, recorded two Black Sea bottlenose dolphins, called Yasha and Yana, talking to each other in a pool. Each dolphin would listen to a sentence of pulses without interruption, before replying. Lead researcher Dr Vyacheslav Ryabov, said: "Essentially, this exchange resembles a conversation between two people. "Each pulse represents a phoneme or a word of the dolphin's spoken language. "The analysis of numerous pulses registered in our experiments showed that the dolphins took turns in producing [sentences] and did not interrupt each other, which gives reason to believe that each of the dolphins listened to the other's pulses before producing its own. "This language exhibits all the design features present in the human spoken language. This indicates a high level of intelligence and consciousness in dolphins. Their language can be ostensibly considered a highly developed spoken language, akin to the human language."
Note: Learn more about the amazing world of marine mammals.
“The United States does not torture,” said George W Bush on 6 September 2006. Bush was, for the first time, acknowledging the existence of the program that Senate intelligence committee staff investigator Daniel Jones would later expose as taking power drills to the heads of captured men; making them stand with their arms stretched above their heads for days at a time; leaving at least one of them naked until he froze to death; waterboarding them to the point of catatonia as bubbles rose from their open mouths; and inserting pureed food into their rectums while claiming it was necessary for delivering nutrients. Details of those procedures were outlined in the 525 pages which CIA director John Brennan, Barack Obama and White House chief of staff Denis McDonough allowed to become public. The CIA’s response to Jones’s report was split into two corps, one official and one not. The agency itself would no longer defend torture outright. The second corps consisted of retired CIA directors, a group known colloquially as the “Formers”. They laid into the Senate committee, [and] savaged it as a Democratic witchhunt. Jones has regrets about the way the declassified report turned out. Most prominently, Jones wishes he had gotten declassified the nearly 100-page table of contents for the full 6,700-page torture report, so readers could understand from the headings and subheadings just what the full contours of the torture was. In May 2016, the CIA inspector general’s office destroyed its only copy of the classified torture report.
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.
Immediately after the 9/11 attack, while bodies were still buried in the rubble, George W. Bush demanded from Congress the legal authorization to use military force against those responsible for the attack. The resulting resolution that was immediately cooked up was both vague and broad. Despite this broadness, or because of it, the House of Representatives on September 14 approved the resolution by a vote of 420-1. The lone dissenting vote was Democratic Rep. Barbara Lee of California, who ... not only voted “no” but stood up on the House floor to deliver [an] eloquent, unflinching and, as it turns out, extremely prescient explanation for her opposition. She [pointed] out that the resolution “was a blank check to the president to attack anyone involved in the Sept. 11 events - anywhere, in any country, without regard to our nation’s long-term foreign policy, economic and national security interests, and without time limit.” She added: “A rush to launch precipitous military counterattacks runs too great a risk that more innocent men, women, children will be killed.” For her lone stance, Lee was deluged with rancid insults and death threats. She was vilified as “anti-American”. Since then, she has been repeatedly rejected in her bids to join the House Democratic leadership, typically losing to candidates close to Wall Street and in support of militarism. But beyond the obvious bravery needed to take the stand she took, she has been completely vindicated on the merits. It’s impossible to overstate how correct Lee was.
Note: For more on Rep. Lee's efforts to stop giving the US president dictatorial power over waging war, see this Los Angeles Times article. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
As a police officer in a small Oregon town in 2004, Sean Sullivan was caught kissing a 10-year-old girl on the mouth. Mr. Sullivan’s sentence barred him from taking another job as a police officer. But three months later, [he was hired] as the police chief ... in Cedar Vale, Kan., [where] he was again investigated for a suspected sexual relationship with a girl and eventually convicted on charges that included burglary and criminal conspiracy. Some experts say thousands of law enforcement officers may have drifted from police department to police department even after having been fired, forced to resign or convicted of a crime. Yet there is no comprehensive, national system for weeding out problem officers. A lack of coordination among law enforcement agencies, opposition from police executives and unions, and an absence of federal guidance have meant that in many cases police departments do not know the background of prospective officers if they fail to disclose a troubled work history. Among the officers ... who have found jobs even after exhibiting signs that they might be ill suited for police work is Timothy Loehmann, the Cleveland officer who fatally shot 12-year-old Tamir Rice in 2014. Before he was hired in Cleveland, Officer Loehmann had resigned from a suburban police force not long after a supervisor recommended that he be fired for, among other things, an inability to follow instructions. But Cleveland officials never checked his personnel file. Officer Loehmann, who was not indicted, remains on the Cleveland force.
Note: A yearlong Associated Press investigation found that the "broken system which lets problem officers jump from job to job" fosters and abets sexual abuse. For more along these lines, see concise summaries of deeply revealing police corruption news articles from reliable major media sources.
In the days after the September 11, 2001, terrorist attacks, when Congress voted to authorize military force against the people who planned, authorized, committed, or aided the hijackings, few Americans could have imagined the resulting manhunt would span from West Africa all the way to the Philippines. Today ... it looks like the war on terror is still in its opening act. The Islamic State, which was largely created by the U.S. invasion of Iraq, controls vast swaths of territory in Iraq, Syria, and Libya. The death toll in the countries the U.S. attacked remains untallied, but conservative estimates range from the hundreds of thousands to well over a million. The financial cost of the war on terror is incalculable. After 15 years, the only winners in the war on terror have been the contractors. At home, the war on terror has become a constitutional nightmare. The U.S. has adopted a practice of indefinitely detaining terror suspects. Police departments across the country secretly import military-grade spy equipment. Courts have ruled that families cannot sue to get their children off government kill lists. NSA whistleblower Edward Snowden revealed that the U.S. has become the largest surveillance state in history. Bombing multiple countries in the Middle East has become business as usual, and often goes unreported. As ... media engagement with the wars diminishes, and it is all too easy to forget about our permanent state of war. But the victims of U.S. violence are unlikely to forget, creating a potentially endless supply of new enemies.
Note: Read a well-researched essay describing how the war on terror is a fraud. For more along these lines, see concise summaries of deeply revealing news articles on terrorism and war.
Oliver Stone has taken aim at the US government for deceiving people about the levels of surveillance that exist in the country. His new film Snowden, about the controversial NSA informant Edward Snowden, received its world premiere. The drama ... tells of the former CIA employee’s discovery that the agency had constructed a system to spy on the public. “Americans don’t know anything about it because the government lies about it all the time,” Stone said at a press conference. “What’s going on now is pretty shocking. This story not only deals with eavesdropping but mass eavesdropping, drones and cyberwarfare. As Snowden said himself the other day, ‘It’s out of control, the world is out of control.’” The film also features a cameo from Snowden himself, who still resides at an undisclosed location in Russia while he searches for asylum elsewhere. Stone hopes that he may return to US ground but is doubtful. “Obama could pardon him and we hope so,” he said. “But he has vigorously prosecuted eight whistleblowers under the espionage act, which is an all-time record for an American president, and he’s been one of the most efficient managers of this surveillance world. It is the most extensive and invasive surveillance state that has ever existed and he’s built it up.” The film-maker ... likens [the current situation] to a George Orwell novel. “I never thought this could happen,” he said. “But from 2001 on, it’s very clear that something radical has changed. There’s more to it that meets the eye and whatever they tell you, you’ve got to look beyond.”
Note: For more along these lines, see concise summaries of deeply revealing news articles on questionable intelligence agency practices and the disappearance of privacy.
Wells Fargo Bank, one of the nation's largest banks, has been hit with $185 million in civil penalties for secretly opening millions of unauthorized deposit and credit card accounts that harmed customers, federal and state officials said Thursday. Employees of Wells Fargo (WFC) boosted sales figures by covertly opening the accounts and funding them by transferring money from customers' authorized accounts without permission, the Consumer Financial Protection Bureau, Office of the Comptroller of the Currency and Los Angeles city officials said. An analysis by the San Francisco-headquartered bank found that its employees opened more than two million deposit and credit card accounts that may not have been authorized by consumers. Many of the transfers ran up fees or other charges for the customers, even as they helped employees make incentive goals. The bank agreed to pay full restitution to all victims and a $100 million fine to the Consumer Financial Protection Bureau's civil penalty fund - the largest in the regulator's five-year operating history. Wells Fargo will pay a separate $35 million penalty to the Office of the Comptroller of the Currency. Additionally, Wells Fargo said it terminated approximately 5,300 employees and managers over a five-year period for their involvement with the unauthorized accounts.
Note: No Wells Fargo executives have been held responsible for this bank's institutionalized breach of customer trust. Do you think these actions were taken without approval from at least one executive? For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
[Daniel] Jones, a counter-terrorism staffer, had become the chief investigator for the Senate intelligence committee, the CIA’s congressional overseer, on its biggest inquiry. For five years, he had been methodically sifting through internal CIA accounts of its infamous torture program. Having read millions of internal emails, cables and accounts of agency torture, Jones had come to believe everything the CIA had told Congress, the Bush and Obama White Houses and the public was a lie. Inside the small room in Virginia the CIA had set up for the Senate investigators, Jones ... slipped crucial printed-out passages of what he called the Panetta Review into [his] bag and secured its lock. Sometime after 1am, Jones walked out, carrying his bag as he always did. The Panetta Review saga would spur a furious CIA to take an extraordinary step: it would spy on its own legislative overseers – especially Jones. The episode would spill out publicly the following March, when top committee Democrat Dianne Feinstein ... accused the CIA on the Senate floor of triggering what she called a constitutional crisis. Both sides requested the justice department pursue a criminal investigation on the other. The bitterness would nearly overshadow a landmark report, a fraction of which was released to the public in December 2014, that documented in chilling detail the depravations CIA inflicted on terrorism suspects after 9/11. The CIA has gone beyond successfully suppressing the report. The agency’s inspector general ... destroyed its copy – allegedly an accident.
Note: For more, see this revealing report. For more along these lines, see concise summaries of deeply revealing intelligence agency corruption news articles from reliable major media sources.
In July, after approval from the Obama administration, Congress released a 28-page chapter of previously classified material from the final report of a joint congressional inquiry into the Sept. 11 attacks. Questions about whether the Saudi government assisted the terrorists remain unanswered. The recently released 28 pages were written in the fall of 2002 by a committee of which I was a co-chairman. The pages suggested new trails of inquiry worth following, including why a Qaeda operative had the unlisted phone number for the company that managed the Colorado estate of Prince Bandar bin Sultan, then the Saudi ambassador. Some of those questions might be answered if the government released more of the findings of the Sept. 11 commission, the citizens inquiry that followed our congressional inquest. Parallel investigations were also conducted by the F.B.I. and C.I.A. How much did they look into whether Prince Bandar or other Saudis aided the hijackers? The government also knows more today ... than when the 28 pages were classified in 2003. Much of that information remains secret but should be made public. For example, the F.B.I. for a time claimed that it had found no ties between three of the hijackers ... and a prominent Saudi family that lived in Sarasota, Fla., before Sept. 11. But in 2013, a Freedom of Information Act lawsuit brought by investigative reporters led to the release of about 30 pages from an F.B.I.-led investigation that included an agent’s report asserting “many connections” between the hijackers and this family.
Note: The above was written by former Florida Senator Bob Graham, who worked for years to expose Saudi Arabia's role in Sept. 11. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
Wells Fargo fired about 5,300 employees over the past several years for opening more than 2 million checking, savings, credit or debit card accounts without customers’ knowledge or consent. The big question: Why wasn’t Wells Fargo chief executive John Stumpf one of them? “It’s hard to believe that thousands of employees could have created over a million fake accounts without anyone in senior management knowing about it,” Sen. Elizabeth Warren, D-Mass., wrote in an emailed response. “It’s one or the other: Either individuals in senior management knew about this fraud and should be held personally accountable, or they didn’t know about it and a bank as big as Wells Fargo is simply too big to manage.” On Thursday, Wells settled a lawsuit and potential lawsuits by agreeing to clean up the mess, refund fees paid by customers on accounts they did not authorize and pay fines and penalties. Those included $100 million to the Consumer Financial Protection Bureau, $35 million to the Office of the Comptroller of the Currency and $50 million to the city and county of Los Angeles. FBR analyst Paul Miller called those fines “a rounding error” for Wells, which earns about $5 billion per quarter. Los Angeles City Attorney Mike Feuer opened an investigation into Wells after the Los Angeles Times reported in 2013 that ... “employees have opened unneeded accounts for customers, ordered credit cards without customers’ permission and forged client signatures on paperwork." His office filed a lawsuit against Wells Fargo in 2015.
Note: For more along these lines, see concise summaries of deeply revealing banking corruption news articles from reliable major media sources.
Congress sent President Barack Obama a bipartisan bill that would allow families of Sept. 11 victims to sue the government of Saudi Arabia, putting lawmakers on a collision course with the White House. The House passed the legislation Friday by voice vote, about four months after the measure cleared the Senate despite vehement objections from Saudi Arabia. Fifteen of the 19 hijackers were Saudi nationals. The legislation gives victims' families the right to sue in U.S. court for any role that elements of the Saudi government may have played in the 2001 attacks that killed thousands. The White House has signaled Obama would veto the legislation. The Obama administration has warned that if U.S. citizens can take the Saudis to court, then a foreign country could in turn sue the United States. Votes from two-thirds of the members in the House and Senate would be needed to override a veto. The House vote came two months after Congress released 28 declassified pages from a congressional report into 9/11 that reignited speculation over links at least a few of the attackers had to Saudis, including government officials. In a separate development, a bipartisan group of senators are seeking to block the Obama administration's proposed sale of more than $1 billion worth of U.S. weapons to Saudi Arabia. Sen. Rand Paul, R-Ky., cited Saudi Arabia's poor human rights record and the kingdom's role in Yemen's civil war.
Note: Saudi Arabia's influential charm offensive and its $750 billion threat have not stopped this legislation from moving forward. For more along these lines, see concise summaries of deeply revealing 9/11 news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our 9/11 Information Center.
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.