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By Steven Hill
$11.01
By David Mamet
$23
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blakespot (CC BY 2.0)
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Doctors, drugmakers, regulators and lobbyists pushed high doses of medications that may have been ineffective or at times even lethal on millions of anemic patients over two decades, making upward of $8 billion a year for two companies. “How did this happen?” asks Peter Whoriskey of The Washington Post.
Posted on Jul 20, 2012
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Photo by jpellgen
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In the span of less than a week, Facebook’s much-maligned initial public offering has led to billions in losses, multiple investigations and even lawsuits. The mess created from all this chaos, however, has led to some lessons about how Wall Street and big businesses play the system for their own economic advantages.
Posted on May 24, 2012
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AP/Richard Drew
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By Megan Murphy and Vanessa Houlder, Financial Times, and Jeff Gerth, ProPublica —
In November 2001, the Bank of New York quietly transferred nearly $8 billion of its assets—almost 10 percent of its holdings at the time—to a trust in the small, business-friendly state of Delaware in a critical first step in setting up a tax shelter that has cost the government more than $1 billion in revenue in the past decade.
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DonkeyHotey (CC-BY)
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By Jesse Eisinger, ProPublica —
In late 2010, a major regulator warned the Federal Reserve: Banks are not healthy enough to increase dividends, and the economy could implode again. But the Fed ignored that advice.
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Flickr / wallyg
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With murmurs of a veto in the background, Republicans successfully pushed a measure through the U.S. House rejecting the FCC’s 2010 net neutrality rules for Internet service providers.
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AP / Jae C. Hong
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Google said it will hand over wireless network data that was collected by fleets of vehicles shooting photographs for the search giant’s Street View mapping service as it tries to resolve a privacy row with European regulators.
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