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Media Articles
Excerpts of Key Media Articles in Major Media


Below are key excerpts of highly revealing media articles from the major media. Links are provided to the full articles on their media websites. If any link fails to function, read this webpage. These media articles are listed in reverse date order. You can also explore the articles listed by order of importance or by date posted. By choosing to educate ourselves and to spread the word, we can build a brighter future.

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.


Diablo Canyon nuclear plant 'near miss' in report
2011-03-18, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/03/17/BUA01IDTUO.DTL

For 18 months, operators at the Diablo Canyon nuclear plant near San Luis Obispo didn't realize that a system to pump water into one of their reactors during an emergency wasn't working. It had been accidentally disabled by the plant's own engineers, according to a report ... from the Union of Concerned Scientists watchdog group, [which] lists 14 recent "near misses" - instances in which serious problems at a plant required federal regulators to respond. The report criticizes both plant operators and the Nuclear Regulatory Commission for allowing some known safety issues to fester. The problem at Diablo Canyon ... involved a series of valves that allow water to pour into one of the plant's two reactors during emergencies, keeping the reactor from overheating. A pair of remotely operated valves in the emergency cooling system was taking too long to move from completely closed to completely open. So engineers shortened the distance between those two positions, according to the report. Unfortunately, two other pairs of valves were interlocked with the first. They couldn't open at all until the first pair opened all the way. No one noticed until the valves refused to open during a test in October 2009, 18 months after the engineers made the changes.

Note: For lots more from reliable sources on government and corporate corruption, click here and here.


Japan disaster shows U.S. journalists unprepared
2011-03-18, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/03/17/DDFN1ICTA0.DTL

If any institution needs to get back to basics and refocus on what it takes to survive a disaster - or report on it with integrity - it's the cable news business. The triple threat in Japan - earthquake, tsunami, nuclear reactors in peril - is clearly demonstrating how reporters and anchors are bungling the basics and how the producers and executives in charge of them have fallen woefully short of leadership. Yes, the visuals were riveting and horrific, but context was lacking. Covering this trilogy of terror in Japan really underscores how much better prepared reporters and anchors need to be. The incessantly simplistic and embarrassing questions need to stop. It's a shame that going online to watch videos from NHK, BBC and Al Jazeera English was far and away the best option for Americans.


Bungling, cover-ups define Japanese nuclear industry
2011-03-17, MSNBC/Associated Press
http://www.msnbc.msn.com/id/42129558/ns/business-world_business

Behind Japan's escalating nuclear crisis sits a scandal-ridden energy industry in a comfy relationship with government regulators often willing to overlook safety lapses. Leaks of radioactive steam and workers contaminated with radiation are just part of the disturbing catalog of accidents that have occurred over the years and been belatedly reported to the public, if at all. In one case, workers hand-mixed uranium in stainless steel buckets, instead of processing by machine, so the fuel could be reused, exposing hundreds of workers to radiation. Two later died. "Everything is a secret," said Kei Sugaoka, a former nuclear power plant engineer in Japan who now lives in California. "There's not enough transparency in the industry." In 1989 Sugaoka received an order that horrified him: edit out footage showing cracks in plant steam pipes in video being submitted to regulators. Sugaoka alerted his superiors in the Tokyo Electric Power Co., but nothing happened — for years. He decided to go public in 2000. Three Tepco executives lost their jobs. The legacy of scandals and cover-ups over Japan's half-century reliance on nuclear power has strained its credibility with the public. That mistrust has been renewed this past week with the crisis at the Fukushima Dai-Ichi plant. The vagueness and scarcity of details offered by the government and Tepco — and news that seems to grow worse each day — are fueling public anger and frustration.

Note: For lots more from reliable sources on government and corporate corruption, click here and here.


Revealed: US spy operation that manipulates social media
2011-03-17, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/technology/2011/mar/17/us-spy-operation-social-netw...

The US military is developing software that will let it secretly manipulate social media sites by using fake online personas to influence internet conversations and spread pro-American propaganda. A Californian corporation has been awarded a contract with United States Central Command (Centcom), which oversees US armed operations in the Middle East and Central Asia, to develop what is described as an "online persona management service" that will allow one US serviceman or woman to control up to 10 separate identities based all over the world. Critics are likely to complain that it will allow the US military to create a false consensus in online conversations, crowd out unwelcome opinions and smother commentaries or reports that do not correspond with its own objectives. The discovery that the US military is developing false online personalities – known to users of social media as "sock puppets" – could also encourage other governments, private companies and non-government organisations to do the same. Once developed, the software could allow US service personnel, working around the clock in one location, to respond to emerging online conversations with any number of co-ordinated messages, blogposts, chatroom posts and other interventions.

Note: The Pentagon claims that the "fake persona" software will not be used on social networks in the United States, because that would break laws against using propaganda on US citizens. How much credence should be given to this assurance?


Rep. Paul renews uphill push to abolish Fed
2011-03-17, CNBC
http://www.cnbc.com/id/42135875/Rep_Paul_renews_uphill_push_to_abolish_Fed

Representative Ron Paul, a persistent critic of the Federal Reserve, [has] renewed his uphill fight to abolish the U.S. central bank, warning it is on track to create an inflation that will hit lower-income Americans especially hard. The Texas lawmaker has long championed dismantling the Fed, but at a hearing on [March 17] slammed its $600 billion bond buying program, which he said was creating inflation and undercutting the dollar. This week he introduced legislation abolishing the Fed. Congress considered curbing Fed regulatory powers in legislation passed last year but backed away, ultimately delegating more authority to the central bank to police the financial system. Paul's criticism of the Fed and its bond buying program has struck a chord with Republicans, particularly Tea Party activists. Other GOP lawmakers have introduced a measure that would strip the Fed of its full employment mandate and require it to concentrate exclusively on inflation. Rising energy and commodity prices have stirred inflation worries around the world and criticism that the Fed's vast expansion of bank reserves to buy Treasuries has stoked price rises.

Note: To understand why Rep. Paul is questioning the usefulness of the Fed, see reliable information on Fed manipulations at this link.


Audit: Pentagon overpaid oilman by up to $200 million
2011-03-17, Washington Post
http://www.washingtonpost.com/politics/pentagon-overpaid-oilman-millions-audi...

A Pentagon audit has found that the federal government overpaid a billionaire oilman by as much as $200 million on several military contracts worth nearly $2.7 billion. The audit by the Defense Departments inspector general ... estimated that the department paid the oilman $160 [million] to $204 million more for fuel than could be supported by price or cost analysis. The study also reported that the three contracts were awarded under conditions that effectively eliminated the other bidders. Harry Sargeant III, a well-connected Florida businessman and once-prominent Republican donor, first faced scrutiny over his defense work in October 2008, when he was accused in a congressional probe of using his close relationship with Jordans royal family to secure exclusive rights over supply routes to U.S. bases in western Iraq. Rep. Henry A. Waxman (D-Calif.), who led the probe, ... said in a statement Thursday that the report confirmed what we found in 2008: the International Oil Trading Company overcharged by hundreds of millions of dollars while the Bush administration looked the other way. Waxman called on Sargeant to repay the Pentagon.

Note: For many reports from reliable sources on government corruption, click here.


From Hiroshima to Fukushima
2011-03-17, New York Times
http://www.nytimes.com/2011/03/17/opinion/17iht-edschell17.html

The horrible and heartbreaking events in Japan present a strange concatenation of disasters. Succumbing to the one-two punch of the earthquake and the tsunami, eleven of Japan’s 54 nuclear power reactors were shut down. Three of them have lost coolant to their cores and have experienced partial meltdowns. The same three have also suffered large explosions. The spent fuel in a fourth caught fire. Now a second filthy wave is beginning to roll — this one composed of radioactive elements in the atmosphere. They include unknown amounts of cesium-137 and iodine-131, which can only have originated in the melting cores or in nearby spent fuel rod pools. The Japanese government has evacuated some 200,000 people in the vicinity of the plants. The second shock was, of course, different from the first in at least one fundamental respect. The first was dealt by Mother Nature, who has thus reminded us of her sovereign power to nourish or punish our delicate planet, its axis now tipping ever so slightly in a new direction. No finger of blame can be pointed at any perpetrator. The second shock, on the other hand, is the product of humankind, and involves human responsibility. Until the human species stepped in, there was no appreciable release of atomic energy from nuclear fission or fusion on earth.

Note: For an excellent list of experiments in which humans, either individually or collectively as a species, are being used as guinea pigs in most unethical and dangerous ways, click here.


'World's largest paedophile ring' uncovered
2011-03-16, BBC
http://www.bbc.co.uk/news/uk-12762333

International police led by a UK team say they shut down the largest internet paedophile ring yet discovered. The global forum had 70,000 followers at its height, leading to 4,000 intelligence reports being sent to police across 30 countries. The operation has so far identified 670 suspects and 230 abused children. Detectives say 184 people have been arrested - 121 of them were in the UK. Some 60 children have been protected in the UK. The three-year investigation, Operation Rescue, was led by investigators from the UK's Child Exploitation and Online Protection Centre (Ceop). The members of the network went into a private channel, boylover.net, and then used its secret systems to share films and images of abused children, said Rob Wainwright, director of European police agency Europol. In the UK, the 240 suspects include police officers, teachers and a karate teacher. One of the suspects in the UK is a woman. The internet has proved to be fertile territory for people with a sexual interest in children. Taking advantage of the anonymity modern computer technology provides, paedophiles download and exchange vile images of abuse unaware of the reality of the suffering.

Note: For powerful evidence that this kind of abuse is much more widespread than believed, and even goes to the highest level of government, click here.


Fukushima: Mark 1 Nuclear Reactor Design Caused GE Scientist To Quit In Protest
2011-03-15, ABC News
http://abcnews.go.com/Blotter/fukushima-mark-nuclear-reactor-design-caused-ge...

Thirty-five years ago, Dale G. Bridenbaugh and two of his colleagues at General Electric resigned from their jobs after becoming increasingly convinced that the nuclear reactor design they were reviewing -- the Mark 1 -- was so flawed it could lead to a devastating accident. Five of the six reactors at the Fukushima Daiichi plant, which has been wracked since Friday's earthquake with explosions and radiation leaks, are Mark 1s. "The problems we identified in 1975 were that, in doing the design of the containment, they did not take into account the dynamic loads that could be experienced with a loss of coolant," Bridenbaugh [said]. "The impact loads the containment would receive by this very rapid release of energy could tear the containment apart and create an uncontrolled release." Questions persisted for decades about the ability of the Mark 1 to handle the immense pressures that would result if the reactor lost cooling power. In 1986, for instance, Harold Denton, then the director of NRC's Office of Nuclear Reactor Regulation, spoke critically about the design during an industry conference. Today that design is being put to the ultimate test in Japan.

Note: For lots more from reliable sources on government and corporate corruption, click here and here.


Why cops lie
2011-03-15, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/03/14/EDKL1IAK11.DTL

Police officer perjury in court to justify illegal dope searches is commonplace. One of the dirty little not-so-secret secrets of the criminal justice system is undercover narcotics officers intentionally lying under oath. It is a perversion of the American justice system that strikes directly at the rule of law. Yet it is the routine way of doing business in courtrooms everywhere in America. Why do police ... show contempt for the law by systematically perjuring themselves? The first reason is because they get away with it. They know that in a swearing match between a drug defendant and a police officer, the judge always rules in favor of the officer. Another reason is the nature of most drug cases and the likely type of person involved. The defendant is poor, uneducated, frequently a minority, with a criminal record, and he does have drugs. But the main reason is that the job of these cops is chasing drugs. Their professional advancement depends on nabbing dopers. It's reinforced by San Francisco's own sorry history of infamous undercover narcotics officers promoted to top levels in the department despite contempt for the law shown by bullying, brutality and perjury in carrying out illegal searches and arrests. So the modern narcotics officer is just following a well-worn path.

Note: For lots more on government corruption, click here.


Solar power market tops $71 billion in 2010
2011-03-14, San Francisco Chronicle (San Francisco's leading newspaper)
http://articles.sfgate.com/2011-03-14/business/28686980_1_solar-market-solar-...

Ten years ago, when Ron Pernick predicted that solar power would be a $23.5 billion industry by the decade's end, skeptics scoffed. After all, worldwide sales of photovoltaic solar equipment in 2000 were just $2.5 billion. Pernick's prediction had to be wrong. It was. The global solar market last year hit $71.2 billion. Pernick is co-founder and managing director of the Clean Edge Inc. market research firm, and for the last 10 years, his outfit has produced annual tallies of alternative energy sales around the world. The latest report, released today, shows a decade of remarkable growth. The market for solar power, wind power and biofuels still pales when compared with that for fossil fuels (Exxon Mobil, for example, made $383.2 billion last year). But clean-energy technology is no longer stuck in a niche. "It went from relative obscurity 10 years ago to being one of the dominant market forces today," said Pernick. Wind power has grown from a $4 billion global market in 2000 to $60.5 billion in 2010. Ten years ago, alternative energy firms received less than 1 percent of the venture capital invested in the United States. Last year, they got 23 percent, with investments totaling $5.1 billion. For biofuels, the report's data only stretch back to 2005. But in that time, the worldwide market for ethanol, biodiesel and other biofuels has grown from $15.7 billion to $56.4 billion.

Note: For many reports from reliable sources on promising new energy technologies, click here.


Scotland Yard officers in 'false arrest' investigation
2011-03-14, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/news/uknews/8380815/Scotland-Yard-officers-in-fals...

Three Metropolitan Police officers are under investigation after they were alleged to have inadvertently recorded themselves arranging to falsely arrest a protester during the student fees demonstrations. The officers, who have not been named, are alleged to have conspired to arrest a 20-year-old man who had broken through the police cordon during the protests at Parliament Square in December. The man was chased and caught and, it is alleged, was then struck in the face with a police riot shield which chipped his tooth. The officers are then alleged to have discussed how to arrest the man and are believed to have concocted a story in which they claimed the man had threatened to cause criminal damage to a nearby building. However one of the officers was wearing sound recording equipment which recorded the chase and arrest of the man and the subsequent conversation between the officers. The officers have each been served with letters telling them that they are now being investigated for gross misconduct and criminal matters – believed to be assault and false arrest. A total of 113 complaints were received by the IPCC about police officers behaviour during the four demonstrations. One of them concerns 20-year-old student Alfie Meadows, who needed brain surgery after he was allegedly struck on the head during a protest in December.

Note: For lots more on government corruption, click here.


Oranges and Sunshine: an illuminating true-life drama
2011-03-13, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/oranges-and-sunshine/oranges-sunshine-emily-watson-...

How could more than 130,000 children be shipped from Britain to Australia and other Commonwealth countries, often without their parents' knowledge, and the world not know about it? [This is] the chilling poser at the heart of Jim Loach's debut film, Oranges and Sunshine, which centres on a policy that saw children from poor and struggling families sent halfway across the world to a promised new life. Instead, many endured virtual slave labour and, in some extreme cases, serial abuse. In the film, we follow Margaret [as] she gradually uncovers the devastating effects that the deportation has had on its victims. In Australia, Margaret's efforts amass evidence that defenceless children, in the care of the Roman Catholic Christian Brotherhood, have been physically and sexually abused by members of the order. However, Margaret is seen as a troublemaker, an outsider stirring up long-forgotten memories. Back in the UK, charities and government officials are refusing to accept responsibility for sending the children abroad. She receives death threats. Margaret eventually finds personal solace as her efforts finally come to fruition. Families are brought back together after decades apart, and the now grown-up children are able to establish their true identities. Finally, in 2009-10, after many years of official denial and vacillation, there are full public apologies from the Australian and British governments. Loach's film intelligently explores a grave injustice. The title, Oranges and Sunshine, refers to the inviting picture of a new life sold to the children in advance of their long journey to the other side of the world. It is a shattering, yet inspiring story.

Note: For more on this huge scandal of child abduction and abuse, click here. For another scandal of major child abuse based in Australia that has yet to be fully exposed, click here. For more on child sexual abuse, see the deeply revealing reports from reliable major media sources available here.


State Department spokesman P.J. Crowley resigns after flap over his WikiLeaks remarks
2011-03-13, Chicago Tribune/Associated Press
http://www.chicagotribune.com/news/sns-ap-us-us-wikileaks,0,5015377.story

Chief State Department spokesman P.J. Crowley quit on [March 13] after causing a stir by describing the military's treatment of the suspected WikiLeaks leaker as "ridiculous" and "stupid," pointed words that forced President Barack Obama to defend the detention as appropriate. Crowley's comments about the conditions for Army Pfc. Bradley Manning at a Marine Corps brig in Quantico, Va., reverberated quickly. Manning is being held in solitary confinement for all but an hour every day, and is stripped naked each night and given a suicide-proof smock to wear to bed. His lawyer calls the treatment degrading. Amnesty International says the treatment may violate Manning's human rights. Crowley, who retired as colonel from the Air Force in 1999 after 26 years in the military, was quoted as telling students at a Massachusetts Institute of Technology seminar on Thursday that he didn't understand why the military was handling Manning's detention that way, and calling it "ridiculous, counterproductive and stupid."


Michigan bill would impose "financial martial law"
2011-03-11, CBS News
http://www.cbsnews.com/8301-503544_162-20042299-503544.html

Michigan lawmakers are on the verge of approving a bill that would enable the governor to appoint "emergency managers" -- officials with unilateral power to make sweeping changes to cities facing financial troubles. Under the legislation ... the governor could declare a "financial emergency" in towns or school districts. He could then appoint a manager to fire local elected officials, break contracts, seize and sell assets, eliminate services - and even eliminate whole cities or school districts without any public input. The measure passed in the state Senate this week; the House passed its own version earlier. Republican Gov. Rick Snyder has said he will sign the bill into law. U.S. Rep. John Conyers, a Democrat who represents Detroit, said in a statement that in a given city, the governor's new "financial czar" could "force a municipality into bankruptcy, a power that will surely be used to extract further concessions from hardworking public sector workers." He said the legislation raises "serious constitutional concerns."

Note: The bill was made law. For more, click here. For a treasure trove of reports from major media sources exposing the control exerted by financial powers on government officials, click here.


Ex-Ky. judge gets 26-plus years for vote fraud
2011-03-10, Washington Post/Associated Press
http://www.washingtonpost.com/wp-dyn/content/article/2011/03/10/AR20110310026...

A former judge has been sentenced to more than 26 years in federal prison for his role in a conspiracy to gain power and control politics in an eastern Kentucky county. U.S. District Judge Danny Reeves said 67-year-old former Clay County Circuit Judge R. Cletus Maricle headed the conspiracy and therefore got the longest sentence so far. Maricle and seven others were convicted in March 2010 of multiple charges, including racketeering, money laundering and voter fraud. Prosecutors say more than 8,000 people were paid $50 each for their votes in one election and 150 votes were stolen by changing voting machines.

Note: For deeply revealing reports from reliable major media sources on electoral fraud, click here.


'Mother Robin' delivers for poor women in Indonesia
2011-03-10, CNN
http://www.cnn.com/2011/WORLD/asiapcf/03/10/cnnheroes.lim.midwife/index.html

Two women ... waited all night for a chance to see their newborn babies, whom the hospital is holding until the medical bills are paid in full. "Holding babies until payment is common in Indonesia," said Robin Lim, a midwife who founded birthing clinics in Aceh and the island of Bali. "Mother Robin," or "Ibu Robin" as she is called by the locals, is working to change that with her Yayasan Bumi Sehat (Healthy Mother Earth Foundation) health clinics. These birthing sanctuaries offer free prenatal care, birthing services and medical aid to anyone who needs it. And the needs are vast in Indonesia. The average family earns the equivalent of $8 a day, according to the International Monetary Fund, but a normal hospital delivery without complications costs around $70. Working as a midwife in Indonesia was not something Lim, a U.S. citizen and author of many books related to infant and maternal health, planned for her life. But after several personal tragedies, her life shifted in a new direction. "In the span of a year, I lost my best friend and one of the midwives who delivered my child," said Lim, who has eight children. "My sister also died as a complication of her third pregnancy, and so did her baby. I was crushed, just crushed. But I decided not to get angry. I decided to become part of the solution. If I could help even one family prevent the loss of a mother or a child, I would do that. I would dedicate my life to it."

Note: Check out the Bumi Sehat Foundation website at www.bumisehatbali.org and see how to help.


Betting on green
2011-03-10, The Economist magazine
http://www.economist.com/node/18304172

“Environmentalists are fiddling while Rome burns,” says Vinod Khosla, founder of Khosla Ventures, a Silicon Valley venture-capital firm. “They get in the way with silly stuff like asking people to walk more, drive less. That is an increment of 1-2% change.” Forget today’s green technologies like electric cars, wind turbines, solar cells and smart grids, in other words. None meets what Mr Khosla calls the “Chindia price”—the price at which people in China and India will buy them without a subsidy. “Everything’s a toy until it reaches that point,” he says. Mr Khosla has a different plan to save the planet. He is investing over $1 billion of his clients’ money in “black swans” -— ideas with the potential for sudden jumps in technology that promise huge environmental benefits, easy scalability and rapid payback. The catch? Mr Khosla expects nine out of ten of his investments to fail. “I am only interested in technologies that have a 90% chance of failure but, if they do succeed, would change the infrastructure of society in some radical way,” he says. Khosla Ventures’ portfolio reads like an eco-utopian wish-list: diesel from microbes; carbon-negative cement; quantum batteries; and a system for extracting methane from coal while it is still underground.

Note: Why aren't people in governments around the world thinking in this way? The time is now to shift our priorities in investment.


Obama creates indefinite detention system for prisoners at Guantanamo Bay
2011-03-08, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2011/03/07/AR20110307048...

President Obama signed an executive order Monday that will create a formal system of indefinite detention for those held at the U.S. military prison at Guantanamo Bay, Cuba, who continue to pose a significant threat to national security. The administration also said it will start new military commission trials for detainees there. The announcements, coming more than two years after Obama vowed in another executive order to close the detention center, all but cements Guantanamo Bay's continuing role in U.S. counterterrorism policy. The executive order recognizes the reality that some Guantanamo Bay detainees will remain in U.S. custody for many years, if not for life. Activists on either end of the debate over closing the prison cast the announcement as a reversal. "It is virtually impossible to imagine how one closes Guantanamo in light of this executive order," said Anthony Romero, executive director of the American Civil Liberties Union. "In a little over two years, the Obama administration has done a complete about-face." Recent legislation now makes it extremely difficult to transfer any detainee out of Guantanamo Bay even if he is believed to be no threat.

Note: President Obama has repeatedly reversed his position on key elements of his election campaign, like Guantanamo, which brought him to power. To understand how members of the power elite of our world can exert tremendous pressure on anyone who becomes president, read revealing major media reports on secret societies composed of the power elite of our world at this link.


Financial meltdown culprits seem too big to jail
2011-03-07, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/03/06/EDPG1I481K.DTL

What's wrong with this picture: Years have passed since Wall Street's financial meltdown. Due to the crisis, the economy tanked, the mortgage market has yet to recover, and millions of jobs were lost. Many of those jobs losses will be permanent. The only person who went to jail for any of this was Bernie Madoff. When he accepted his Academy Award for the documentary "Inside Job," Berkeley filmmaker Charles Ferguson reminded Americans that the lack of criminal prosecutions for the financial crisis is, simply, "wrong." No matter what kinds of logical, legal explanations that the Justice Department has trotted out to explain why all of these senior financial executives are too big to jail, it's outrageous that there has not been and will not be any comeuppance for the men who plunged the American economy into chaos. The fact that some of these executives have or will receive some financial punishment in civil court is of little consequence - if ruining the economy isn't worth a little jail time, then what is? The Obama administration has not made it a priority to prosecute financial executives. Its reticence to punish was prominently on display last month, when the Justice Department decided not to prosecute Angelo Mozilo, the former CEO of Countrywide Financial. Mozilo left an e-mail trail detailing his feelings about Countrywide's "toxic" mortgage products and negotiated a $67.5 million payout in a civil suit that was brought against him by the Securities and Exchange Commission. If the feds don't go after him, it's unlikely that they'll go after anyone else. It's a bitter contrast to the 1980s savings-and-loan crisis, when the federal government threw enormous resources at criminal prosecutions and sent even well-connected executives, like Charles Keating, to jail.

Note: For other highly revealing major media articles showing just how much control big bankers have over government, click here.


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.

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