Media ArticlesExcerpts of Key Media Articles in Major Media
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Canada allowed the U.S. National Security Agency (NSA) to conduct widespread surveillance during the 2010 Group of 20 summit in Toronto, according to a media report that cited documents from former NSA contractor Edward Snowden. The report by the Canadian Broadcasting Corp ... cited briefing notes it said showed the United States turned its Ottawa embassy into a security command post during a six-day spying operation by the top-secret U.S. agency as President Barack Obama and other world leaders met that June. One of the bylines on the CBC report was Glenn Greenwald, the U.S. journalist who has worked with Snowden on several other NSA stories. CBC ... quoted an NSA briefing note describing the operation as "closely coordinated with the Canadian partner". The Canadian equivalent of the NSA is the Communications Security Establishment Canada, or CSEC. CBC said the documents did not reveal the targets of the NSA operation, but described part of the U.S. eavesdropping agency's mandate at the Toronto summit as "providing support to policymakers". CSEC, which has a very low public profile, employs about 2,000 people. It is part of the so-called Five Eyes intelligence-sharing network that also includes the United States, Britain, New Zealand and Australia. Last month, Brazil angrily demanded an explanation for media reports which said CSEC agents had targeted its mines and energy industry.
Note: For more on the realities of intelligence agency activities, see the deeply revealing reports from reliable major media sources available here.
On November 25th, the most notorious rape case in recent memory took yet another shocking twist. In Steubenville, Ohio, where a 16-year-old girl was raped by two high school football players in August 2012, a grand jury indicted the city's School Superintendent, Michael McVey, on felony charges of tampering with evidence and obstructing justice. An elementary school principal and two coaches in the district were indicted as well, facing misdemeanor charges including failure to report child abuse and making false statements. Shortly after the news hit that morning, Deric Lostutter, a ... 26-year-old programmer in Lexington, Kentucky, [sent] me a message. "We were called liars and more," he wrote, but "we were right about it." He had reason to feel vindicated. As one of the most notorious members of the hacker collective, Anonymous, Lostutter battled to bring justice to Steubenville, exposing secrets of a town that's still reeling from the fallout today. He just never expected that he'd get raided by the FBI, and face more prison time than the rapists in the end. Anonymous is a purposefully chaotic and leaderless collective. Anyone can proclaim themselves a member or declare an "operation" against a target. But getting others to [care] is another story. This is what makes Lostutter stand out. Less than two months after creating his alter ego as KYAnonymous, he launched and organized two of group's most renowned and righteous operations yet: battling the Westboro Baptist Church and, most famously, the town of Steubenville, Ohio, after the high-profile rape of a teenage girl by players on the high school football team.
Note: On the final page of this revealing report, Lostutter claims he is facing 25 years in prison for his heroic acts. To learn about some of the disturbing forces which perpetuate sexual abuse in our society, watch the eye-opening Discovery Channel documentary "Conspiracy of Silence" at this link. For more on sexual abuse scandals, see the deeply revealing reports from reliable major media sources available here.
"Feed the Woozle" and "Hoot Owl Hoot!" are the top-selling titles from Berkeley's Peaceable Kingdom, which is making a name for itself with games for toddlers and families that emphasize cooperation over competition. The small, family-owned business tries to promote the value and fun of everyone working together. Its line of games is staunchly nondigital, encouraging face-to-face interactions instead of "screen time." "Cooperative games are a microcosm of how children can play differently," said company president Donna Jaffe. Child-development experts say the community-focused games can play a valuable role, teaching shared decision-making and problem-solving. "They have a lot of merit for classroom and family use," said Berkeley's Stevanne Auerbach, who reviews playthings at www.drtoy.com. "Kids can cut out the one-upmanship and learn to develop strategies and friendly connections. Many parents want their children to have the experience of playing games without feeling as if they have to win or lose." "Their games are in my therapy bag all the time," said Sherry Artemenko, a Connecticut speech pathologist who reviews games at www.playonwords.com. "Kids learn to help each other and work as a team. There's a lot of learning involved: You talk to each other, take different actions. There are visual skills as well as math and language." With slightly more than $5 million in sales, Peaceable Kingdom is minute compared with giants like Hasbro and Mattel. It has eschewed mass-market retailers like Target and Toys R Us, instead sticking to smaller local toy stores and some chains like Barnes & Noble and Pottery Barn.
Note: For a treasure trove of great news articles which will inspire you to make a difference, click here.
It’s not just the NSA that has been caught spying on Americans. Some of our nation’s largest corporations have been conducting espionage as well, against civic groups. That’s the lesson of a new report on corporate espionage against nonprofit organizations by ... Essential Information. The title of the report is Spooky Business, and it is apt. Spooky Business is like a Canterbury Tales of corporate snoopery: Hiring investigators to pose as volunteers and journalists. Hacking. Wiretapping. Information warfare. Physical intrusion. Investigating the private lives of nonprofit leaders. Dumpster diving using an active duty police officer to gain access to trash receptacles. Electronic surveillance. Many different types of nonprofit civic organizations have been targeted by corporate spies: environmental, public interest, consumer, food safety, animal rights, pesticide reform, nursing home reform, gun control and social justice. A diverse constellation of corporations has planned or executed corporate espionage against these nonprofit civic organizations. Food companies like Kraft, Coca-Cola, Burger King, McDonald’s and Monsanto. Oil companies like Shell, BP and Chevron. Chemical companies like Dow and Sasol. Also involved are the retailers (Wal-Mart), banks (Bank of America), and, of course, the nation’s most powerful trade association: the U.S. Chamber of Commerce. Plenty of mercenary spooks have joined up to abet them, including former officials at the FBI, CIA, NSA, Secret Service and U.S. military. Sometimes even government contractors are part of the snooping.
Note: For more on corporate corruption, see the deeply revealing reports from reliable major media sources available here.
British and U.S. intelligence officials say they are worried about a "doomsday" cache of highly classified, heavily encrypted material they believe former National Security Agency contractor Edward Snowden has stored on a data cloud. The cache contains documents generated by the NSA and other agencies and includes names of U.S. and allied intelligence personnel, seven current and former U.S. officials and other sources briefed on the matter said. One source described the cache of still unpublished material as Snowden's "insurance policy" against arrest or physical harm. U.S. officials and other sources said only a small proportion of the classified material Snowden downloaded during stints as a contract systems administrator for NSA has been made public. Some Obama Administration officials have said privately that Snowden downloaded enough material to fuel two more years of news stories. "The worst is yet to come," said one former U.S. official who follows the investigation closely. Snowden ... is believed to have downloaded between 50,000 and 200,000 classified NSA and British government documents. [It is] estimated that the total number of Snowden documents made public so far is over 500. Glenn Greenwald, who met with Snowden in Hong Kong and was among the first to report on the leaked documents for the Guardian newspaper, said the former NSA contractor had "taken extreme precautions to make sure many different people around the world have these archives to insure the stories will inevitably be published."
Note: For more on the realities of intelligence agency operations, see the deeply revealing reports from reliable major media sources available here.
In the early years after Sept. 11, 2001, the CIA turned some Guantanamo Bay prisoners into double agents, sending them home to help the United States kill terrorists, current and former U.S. officials said. The CIA promised the prisoners freedom, safety for their families and millions of dollars from the agencys secret accounts. It was a gamble. Officials knew there was a chance that some prisoners might quickly spurn their deal and kill Americans. Nearly a dozen current and former U.S. officials described aspects of the program to the Associated Press. Dozens of prisoners were evaluated, but only a handful, from a variety of countries, were turned into spies who signed agreements to work for the CIA. Prisoners agreed to cooperate for a variety of reasons, officials said. Some received assurances that the United States would resettle their families. Another agreed to cooperate after the agency insinuated that it would harm his children, a former official said, a threat similar to those interrogators made to self-proclaimed Sept. 11 mastermind Khalid Sheik Mohammed. All were promised money. Exactly how much each received remains unclear. But altogether, the government paid millions for their services, officials said. The money came from a secret CIA account, code-named Pledge, that is used to pay informants, officials said. Officials said the program ended in 2006 as the flow of detainees to Guantanamo Bay slowed to a trickle. The last prisoner arrived there in 2008.
Note: There is no doubt that the CIA used mind control techniques to control and likely program some of the prisoners. To read verifiable documentation on the U.S. governments secret mind control programs, click here. For more on the realities of intelligence agency activities, see the deeply revealing reports from reliable major media sources available here.
By all outward indications, the U.S. Navy Veterans Association was a leader in the charitable community. Founded in 2002 to provide support to Navy veterans in need, the charity recorded astonishing financial success. In its first eight years, it raised around $100 million in charitable contributions, almost all of it through a direct marketing campaign. The organization, headed by Jack L. Nimitz, boasted of 41 state chapters and some 66,000 members. [But] virtually everything about the association turned out to be false: no state chapters, no members, no leader with the name redolent of naval history. Instead, there was one guy: a man calling himself Bobby Thompson. But the money raised was real enough, generated by a series of for-profit telemarketers. The victims, by and large, were unsuspecting small-money donors who received urgent solicitations asking for support for needy naval veterans. Most of the money raised stayed with the fund-raisers, though plenty apparently dripped through to Mr. Thompson and a succession of Republican lawmakers who received generous contributions from the association’s political arm. But little ever made it to the intended beneficiaries. From June 2010, Mr. Thompson was on the run, the search for him hamstrung by the fact that no one had any real idea of who he was. Finally, on April 30, 2012, federal marshals tracked him down in Portland, Ore., finding him with a card to a storage unit containing $981,650 in cash and almost two dozen fake identity cards. Authorities have identified him as John Donald Cody, a former Army intelligence officer and Harvard Law graduate.
Note: As we enter the annual giving season, donors should look to sources like the GiveWell website to find organizations with a track record of effectiveness. Seeking them out — instead of donating to charities that are first to call or that sound familiar or that we’ve heard are good — is the only way to ensure that money reaches those in need. For more on corporate corruption, see the deeply revealing reports from reliable major media sources available here.
Baboons vaccinated against whooping cough could still carry the illness in their throats and spread it, research ... has found. The surprising new finding has not been replicated in people, but scientists say it may provide an important clue to a puzzling spike in the incidence of whooping cough across the country, which reached a 50-year high last year. The whooping cough vaccines now in use were introduced in the 1990s after an older version, which offered longer-lasting protection, was found to have side effects. But over the years, scientists have determined that the new vaccines began to lose effectiveness after about five years, a significant problem that many researchers believe has contributed to the significant rise in whooping cough cases. The new study, published ... in Proceedings of the National Academy of Sciences, offers another explanation. Using baboons, the researchers found that recently vaccinated animals continued to carry the infection in their throats. Even though those baboons did not get sick from it, they spread the infection to others that were not vaccinated. “When you’re newly vaccinated you are an asymptomatic carrier, which is good for you, but not for the population,” said Tod J. Merkel, the lead author of the study, who is a researcher in the Office of Vaccines Research and Review in the Food and Drug Administration. The current whooping cough vaccines were developed after a surge in concerns from parents that their children were getting fevers and having seizures after receiving the old vaccine. Those worries added fuel to general skepticism about vaccines that had led some parents to choose not to have their children vaccinated.
Note: For more on the dangers of vaccines, see the deeply revealing reports from reliable major media sources available here.
Pope Francis on [November 26] issued a bold new document – in Vatican parlance an “apostolic exhortation” – called Evangelii Gaudium or “The Joy of the Gospel.” In this document, he sets out an exciting new vision of how to be a church. It is to be a joyful community of believers completely unafraid of the modern world, completely unafraid of change and completely unafraid of challenges. The exhortation [expresses] an overriding concern for the poor in the world. Francis champions an idea that has lately been out of favor: the church’s “preferential option” for the poor. “God’s heart has a special place for the poor,” the Pope says. But it is not enough simply to say that God loves the poor in a special way and leave it at that. We must be also vigilant in our care and advocacy for them. Everyone must do this, says the Pope. “None of us can think we are exempt from concern for the poor and for social justice.” And in case anyone misses the point, after a critique of the “idolatry of money” and an “economy of exclusion,” the Pope says: “The Pope loves everyone, rich and poor alike, but he is obliged in the name of Christ to remind all that the rich must help, respect and promote the poor. I exhort you to generous solidarity and a return of economics and finance to an ethical approach which favors human beings.” This does not mean simply caring for the poor, it means addressing the structures that keep them poor: “The need to resolve the structural causes of poverty cannot be delayed.”
Note: For how you can help to end poverty through microlending, click here. For a treasure trove of great news articles which will inspire you to make a difference, click here.
The whooping cough vaccines now in use were introduced in the 1990s after an older version, which offered longer-lasting protection, was found to have side effects. But over the years, scientists have determined that the new vaccines began to lose effectiveness after about five years, a significant problem that many researchers believe has contributed to the significant rise in whooping cough cases. The new study, published on Monday in Proceedings of the National Academy of Sciences, offers another explanation. Using baboons, the researchers found that recently vaccinated animals continued to carry the infection in their throats. Even though those baboons did not get sick from it, they spread the infection to others that were not vaccinated. "When you're newly vaccinated you are an asymptomatic carrier, which is good for you, but not for the population," said Tod J. Merkel, the lead author of the study, who is a researcher in the Office of Vaccines Research and Review in the Food and Drug Administration. The current whooping cough vaccines were developed after a surge in concerns from parents that their children were getting fevers and having seizures after receiving the old vaccine. The new finding [suggest that] people recently vaccinated may be continuing to spread the infection without getting sick.
Note: So a vaccine was replaced because of side effects. Hmmmmm. How often do your hear any talk of side effects in the vaccine debate? And vaccinated animals can still spread the disease. Do you think there is any hype going on with the recent measles scare? And this US government webpage states, "Since the first National Vaccine Injury Compensation (VICP) claims were filed in 1989, 3,981 compensation awards have been made. More than $2.8 billion in compensation awards has been paid to petitioners."
My first year on Wall Street, 1993, I was paid 14 times more than I earned the prior year and three times more than my father's best year. For that money, I helped my company create financial products that were disguised to look simple, but which required complex math to properly understand. That first year I was roundly applauded by my bosses, who told me I was clever, and to my surprise they gave me $20,000 bonus beyond my salary. When I did ask, rather naively, if this was all kosher, I would be assured multiple times that multiple lawyers and multiple managers had approved the sales. One senior trader, consoling me late at night, reminded me, “You are playing in the big leagues now. If a customer wants a red suit, you sell them a red suit. If that customer is Japanese, you charge him twice what it costs. ”Being paid very well also helped ease any of my concerns. Feeling guilty, kid? Here take a big check. I was, for the first time in my life, feeling valued for my math skills. Ego and money are nice salves for any potential feeling of guilt. After a few years on Wall Street it was clear to me: you could make money by gaming anyone and everything. The more clever you were, the more ingenious your ability to exploit a flaw in a law or regulation, the more lauded and celebrated you became. Nobody seemed to be getting called out. No move was too audacious. Traders got more and more audacious, and corruption became more and more diffused through the system. By 2006 you could open up almost any major business, look at its inside workings, and find some wrongdoing.
Note: For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.
Bees may soon be able to take some of the sting out of cancer by detecting it early and getting patients into treatment sooner. Honeybees are known for their exquisitely sensitive sense of smell. They don't have noses, but their feet, tongues and antennae are packed with olfactory glands. They can also be quickly trained to do their "waggle dance" when they associate a specific smell with a food source. Taking advantage of these facts, Portuguese scientist Susana Soares has invented a two-chambered glass dome that uses bees to snuff out cancer. "The glass objects have two enclosures: a smaller chamber that serves as the diagnostic space and a bigger chamber where previously trained bees are kept for the short period of time necessary for them to detect general health," Soares wrote on her website. "People exhale into the smaller chamber, and the bees rush into it if they detect on the breath the odor that they were trained to target." Soares said she could train bees in 10 minutes to identify cancer and other diseases, such as tuberculosis and diabetes in their early stages. By exposing the insects to the odor molecules produced by an illness and then feeding them sugar, they learn to associate the smell with a food reward. Soares said that her bee chamber was an inexpensive, sustainable and highly accurate diagnostic tool. And, she points out, bees, as well as wasps, are already used regularly to sniff out land mines and illegal drugs.
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Jimmy Wales, the founder of Wikipedia, has called on Barack Obama to rein in the National Security Agency as he described the whistleblower Edward Snowden as "a hero" whom history will judge "very favourably". Wales called for a "major re-evaluation" of the NSA, adding that the public "would have never approved this sweeping surveillance program" had it been put to a vote. The revelations, Wales said, had been "incredibly damaging and embarrassing to the US. It makes it very difficult for someone like me to go out, as I do, [to] speak to people in authoritarian countries, and say: 'You shouldn’t be spying on activists, you shouldn’t be censoring the internet', when we [in the US] are complicit in these acts of extraordinary intrusion into people’s personal lives. [Snowden] has exposed what I believe to be criminal wrongdoing, lying to Congress, and certainly [an] affront to the Fourth Amendment. I think that history will judge him very favourably. There is a growing sense of concern in Congress about this, a growing sense in Congress that public is angry about this, that they have been misled and I think we are going to see legislation to change this."
Note: For more on the realities of intelligence agency activities, see the deeply revealing reports from reliable major media sources available here.
Much has been made of Bobby Kennedy’s impossible burden following the assassination of his brother. A review of [documents released as recently as a few months ago] by the Globe, fortified by the work of historians and new interviews with former Kennedy aides, paints a picture of a brother responding to the assassination with equal parts crippling grief and growing suspicions. In the five years between his brother’s murder and his own assassination in 1968, Bobby Kennedy voiced public support for the findings of the Warren Commission, namely that a pathetic, attention-seeking gunman had alone been responsible for the murder of President Kennedy. Privately, though, Bobby was dismissive of the commission, seeing it ... as a public relations tool. After hearing the news out of Dallas, it’s clear that he quickly focused his attention on three areas of suspicion: Cuba, the Mafia, and the CIA. Crucially, Bobby had become his brother’s point man in managing all three of those highly fraught portfolios. And by the time the president was gunned down, Bobby understood better than anyone how all three had become hopelessly interwoven, and how much all three bore his own imprint. For while John Kennedy was the one gunned down, Bobby had reason to believe he may have been the ultimate target. Walking the grounds of Hickory Hill just an hour after receiving confirmation of his brother’s death, Bobby confided in an aide something truly unsettling. That aide, Edwin Guthman, would later recount it in his book “We Band of Brothers.” “I thought they would get one of us,” Bobby said, adding, “I thought it would be me.”
Note: In 2006, BBC reported that CIA operatives were directly involved in Robert Kennedy's assassination, and that Sirhan Sirhan may have been a programmed Manchurian Candidate. For more along these lines, see concise summaries of deeply revealing assassinations news articles from reliable major media sources.
Investigators planned to release a long-awaited report [on] the Newtown school shooting that could provide some of the first official answers to questions about the history of the gunman and the police response to one of the worst school shootings in history. The summary report by the lead investigator, State's Attorney Stephen Sedensky III, comes nearly a year after the massacre of 20 children and six women inside Sandy Hook Elementary School. The report ... will not include the full evidence file of Connecticut State Police, which is believed to total thousands of pages. The decision to continue withholding the bulk of the evidence is stirring new criticism of the secrecy surrounding the investigation. Dan Klau, a Hartford attorney who specializes in First Amendment law, said the decision to release a summary report before the full evidence file is a reversal of standard practice and one of the most unusual elements of the investigation. Sedensky has gone to court to fight release of the 911 tapes from the school and resisted calls from Connecticut's governor to divulge more information sooner. The withholding of 911 recordings, which are routinely released in other cases, has been the subject of a legal battle between The Associated Press and Sedensky before the state's Freedom of Information Commission, which ruled in favor of the AP, and now Connecticut's court system. If the recordings are released, the AP would review the content and determine what, if any, of it would meet the news cooperative's standards for publication.
Note: For more on government secrecy, see the deeply revealing reports from reliable major media sources available here.
The same rooftop solar providers that are threatening utility revenues are more than just occupying customer roofs—they’re inside the home, monitoring usage trends and adapting the systems to meet both the homeowner’s needs and their own bottom lines. SolarCity, Sunrun, SunPower, and Locus Energy are amassing billions of points of data in smart home systems that consumers love and that baffle utilities, many of which have no incentive to help consumers manage their power usage more efficiently. While utilities have installed millions of smart meters in homes, they haven’t made use of the data to engage consumers the same way solar providers have, says Neil Strother, a smart-grid analyst. “Utilities are more focused on cutting their own costs than in helping consumers become more efficient,” he says. “They aren’t motivated to reduce demand.” The solar systems, meanwhile, collect real-time data on hundreds of thousands of homes and businesses across the country that utilities could use to more efficiently and reliably manage their power grids. Nat Kreamer, chief executive officer of Clean Power Finance, says some utilities don’t see the potential benefits of using smart meters to engage with consumers to improve their service or reduce their utility bills. “I asked an executive at one top 10 utility what he was hoping to get from smart meters, and he basically said just to eliminate the meter readers,” Kraemer says.
Note: For more on new energy developments, see the deeply revealing reports from reliable major media sources available here.
Senator Elizabeth Warren, the champion of Main Street versus Wall Street, just got another boost to the presidential campaign she said she isn’t running. It lies in the $13 billion deal that JP Morgan Chase reached with the US Justice Department. The settlement, which ends the government’s probe into the bank’s risky mortgage business, reportedly represents the largest amount a single company has ever committed to pay Uncle Sam. That’s significant — but so is the bank’s unusual admission that it failed to disclose the risks of buying its mortgage securities. Warren was a force in both aspects of JP Morgan’s day of reckoning. After the economic collapse of 2008 — and before her election as senator — Warren led the charge for Wall Street accountability while overseeing the government response to the banking crisis. As senator from Massachusetts, she ... isn’t shy about acknowledging her role in achieving them. In September, Warren [said] that her lobbying of Mary Jo White, the newly installed chairwoman of the Securities and Exchange Commission, played a key role in getting government regulators to require more companies to admit wrongdoing, not just pay fines — which is what happened in JP Morgan’s case. The JP Morgan headlines play out as the stock market surges and unemployment ticks up. The gap between America’s rich and poor is growing bigger. The divide creates an opening for a Democrat who speaks to the shrinking middle class, as well as to those already squeezed out of it. Warren could be that candidate, if she chooses.
Note: For more on financial corruption, see the deeply revealing reports from reliable major media sources available here.
Despite the Cold War rhetoric of his campaign, JFK's greatest ambition as president was to break the militaristic ideology that has dominated our country since World War II. He told his close friend Ben Bradlee that he wanted the epitaph "He kept the peace," and said to another friend, William Walton, "I am almost a 'peace at any price' president." Hugh Sidey, a journalist and friend, wrote that the governing aspect of JFK's leadership was "a total revulsion" of war. Nevertheless, as James W. Douglass argues in his book JFK and the Unspeakable: Why He Died and Why It Matters, JFK's presidency would be a continuous struggle with his own military and intelligence agencies, which engaged in incessant schemes to trap him into escalating the Cold War into a hot one. His first major confrontation with the Pentagon, the Bay of Pigs catastrophe, came only three months into his presidency and would set the course for the next 1,000 days. From the start, JFK recoiled at the caper's stench, as CIA Director Allen Dulles has acknowledged, demanding assurances from CIA and Pentagon brass that there was no chance of failure and that there would be no need for U.S. military involvement. Dulles and the generals knowingly lied and gave him those guarantees. When the invasion failed, JFK refused to order airstrikes against Castro. JFK was realizing that the CIA posed a monumental threat to American democracy. As the brigade faltered, he told Arthur Schlesinger that he wanted to "splinter the CIA into a thousand pieces and scatter it to the winds."
Note: For more on the powerful social forces that assassinated JFK, see the deeply revealing reports from reliable major media sources available here.
When the fires from the 2007-08 financial crisis were still being fought, JPMorgan Chase looked like a winner. Not only was JPMorgan Chase able to scoop up former rivals Washington Mutual and Bear Stearns for bargain basement prices, but its stock value shot up by nearly 31 percent over the past 4 1/2 years. But this year has been a little less kind to JPMorgan Chase. On [November 20) JPMorgan Chase agreed to a $13 billion settlement with the federal government over selling toxic mortgage investments. It also admitted to wrongdoing in knowingly peddling the instruments. Both settlements are for the "incomplete information" JPMorgan Chase gave to the pension funds for their purchases of toxic securities during the years 2004 to 2008. Even for a colossus such as JPMorgan Chase, $13 billion is a lot of money - about half of its annual profit. Forcing JPMorgan to admit wrongdoing - a rare concession - may open the door to more headaches for the company, especially because the government is continuing a criminal probe into its mortgage prices. The scale of the devastation is still so enormous that the only question left for the Justice Department to answer is why no one from any of the big banks has yet to go to jail. Wall Street's wrongdoing was about more than a dollar cost - it was about the widespread human suffering that remains with us today. Jail time would be more than appropriate, but so far the banks have been able to pay their way out of it.
Note: Because JP Morgan Chase can write off $11 billion of the fine as tax deductible, the real fine is actually reduced by $4 billion to about $7 billion, just one-third of Chase's $21 billion profit in the year 2012. For more on financial fraud, see the deeply revealing reports from reliable major media sources available here.
The American Heart Association and the American College of Cardiology released new guidelines for prescribing cholesterol-lowering medicines. The big winners are expected to be the drug makers that sell statins, since other types of pills were not recommended. Of the 15 panelists that authored these new guidelines, six reported having recent or current ties to drugmakers that already sell or are developing cholesterol medications. And among the half dozen who disclosed these relationships was one of the two panel co-chairs, which contradicts an Institute of Medicine suggestion about managing conflicts and leadership roles on such panels. To be specific, the Institute of Medicine wrote that, “whenever possible, guideline development group members should not have conflicts of interest ... and the chair or co-chairs should not be a person(s) with conflicts of interest.” The Institute of Medicine also wrote that members with conflicts should not represent a majority (here is the IOM report). “One of the reasons the IOM recently recommended eliminating rather than ‘managing’ financial conflicts of interest in guideline development groups is because of concerns about implicit bias,” says Lisa Cosgrove ... at the University of Massachusetts. “When individuals have commercial ties they are vulnerable to developing subtle, but sometimes powerful, pro-industry ways of thinking. Transparency ... can actually worsen the problem, because some people think simply disclosing a tie relieves any moral concern.”
Note: For lots more on this, see an informative article titled "The Statin Mafia Censors Pharmaceutical Harm." For more along these lines, see concise summaries of deeply revealing news articles on pharmaceutical industry corruption 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.