In Search of Answers: Why did the West Chemical & Fertilizer Plant Explode?
One week after a blast at a Texas fertilizer plant killed at least 15 people and hurt more than 200, authorities are still searching for answers as to exactly why the West Chemical and Fertilizer Company plant exploded.
FDA Allowed New Drug on Market Despite Fraudulent Lab Tests
Although the Food and Drug Administration was aware that a major pharmaceutical research laboratory in Houston had falsified data and was engaged in “egregious” violations which undermined the safety and effectiveness of dozens of medications, the watchdog, approved those very drugs and allowed them to remain on the market.
BOA, The Dirty Lying Rotten Scoundrels
When Bank of America announced it was buying Merrill Lynch in September 2008, bank execs told their shareholders that the merger might hurt earnings a touch. It didn’t turn out that way.
Here’s the Federal Regulator that Won’t Help Homeowners
Fannie and Freddie are required to help homeowners while earning profits so they can pay back the taxpayers who bailed them out.
Freddie Mac Told to Stop Betting Against Homeowners
Freddie Mac agreed last month to stop making new bets against American homeowners after its regulator, the Federal Housing Finance Agency, raised concerns, according to a statement the agency issued late Monday.
Ex-Justice Official: Too Hard to Jail Wall Street Executives
Several years after the financial crisis that almost brought the U.S. to its knees and wreaked havoc on the lives of millions of Americans, there have still been no prosecutions of top executives at the major institutions that brought it about. Why? According to a now-departed Justice Department official who used to be in charge of investigating such matters, the Justice Department has decided that holding top Wall Street executives criminally accountable is too difficult a task.
Presidential Pens Tilt Heavily toward Pardoning Whites Over Blacks
Minorities have very poor chances of receiving a presidential pardon as compared to white criminals, a just released ProPublica investigative year-long review has found.
Big Banks get Away with Fraud, as Foreclosure Probes Prove Inadequate
In Florida, after Republican Attorney General Pam Bondi took office in January, the state forced out two investigators who had led efforts to uncover foreclosure fraud and produced a lengthy report detailing the problems.
How Murdoch Reporters’ Bribes to British Cops Violate U.S. Law
Imagine you’re a Fleet Street reporter at a British tabloid with a pocketful of cash. You meet a trusted source at a pub, a police officer who tells you about the royal family’s confidential schedule in exchange for a small gratuity. You hand over a few quid and rush off with a photographer to stake out a health club where Camilla Parker-Bowles is toning her abs.
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