Senator questions Bank of America’s no-bid prison deal

By Daniel Wagner

After a Center report, Sen. Charles Grassley, R-Iowa, says Bank of America's no-bid prison banking deal "raises significant questions"

Excerpts from this story referencing "Senate":

"… s significant questions.” Grassley is the senior Republican on the Senate Judiciary Committee, which oversees the Justice Department. He could becom …"

"… uld become chairman of the committee if Republicans gain a majority in the Senate after this fall’s election. Prisons account for more than one-fourth of …"

Health insurers turning into who knows what?

By Wendell Potter

Commentary: health insurers are transforming themselves — but into what?

Excerpts from this story referencing "Boeing":

"… are Act. …"

"… s to its employees that eliminates insurance companies as middlemen. What Boeing is doing represents a seismic shift in health care financing and delivery …"

Treasury extends controversial bank-card deal with Comerica

By Daniel Wagner

Treasury extends Comerica program that exposed the elderly and poor to fraud.

Excerpts from this story referencing "bank accounts":

"… store-front check cashers. The cards were supposed to help people without bank accounts access their benefits while avoiding high fees charged by check cashers. A …"

"… an a million customers who did not need the cards because they already had bank accounts. The card fees are far higher than direct deposit into a bank account. Th …"

"… er electronic means. The card is important for benefit recipients who lack bank accounts, he said, and has helped save taxpayer money that previously was spent pri …"

Medicare Advantage patients find themselves in regulatory limbo

By Fred Schulte

States lack oversight but feds are struggling to keep with fast-growing health plans.

Excerpts from this story referencing "Health":

"… Jepsen called for federal officials to “aggressively scrutinize” UnitedHealthcare’s decision to drop a large number of doctors from its Medicare Advan …"

Chattanooga wants feds to pre-empt broadband ban

By Allan Holmes

Tennessee city seeks to expand municipal broadband service, pre-empting industry-backed state ban.

Excerpts from this story referencing "Deb Fischer":

"… in Congress will likely fight Chattanooga’s petition. Senators including Deb Fischer, R-Nebraska, Ron Johnson, R-Wisconsin, Ted Cruz, R-Texas and Marco Rubio, …"

Potential Sprint, T-Mobile marriage threatens consumer gains

By Allan Holmes

Sprint, T-Mobile fought to maintain competition, merger talks show they're giving in.

Excerpts from this story referencing "T-Mobile USA Inc.":

"… sions here regarding the reserved spectrum provisions.” …"

Court reopens third case after Center uncovered judicial conflicts of interest

By Chris Young

Fifth U.S. Circuit Court of Appeals reopens 2007 case after Center alerts judge that his wife owned ExxonMobil stock when he ruled on case.

Excerpts from this story referencing "oil":

"… t the wife of one of the judges owned up to $100,000 worth of stock in the oil company at the time of the panel’s decision. The New Orleans-based 5th …"

"… t accused ExxonMobil and its chairman of maliciously and illegally raising oil and gas prices. But the court reopened the case on May 15, one day after …"

"… hat Judge Thomas Reavley did not know that his wife had owned stock in the oil company until seven years after the court ruled. Reavley is married to fel …"

Tobacco money fuels gay Republicans, business organizations

By Michael Beckel

Reynolds American gave thousands of dollars to politically active nonprofits such as the Log Cabin Republicans, Americans for Prosperity.

Excerpts from this story referencing "Kay Hagan":

"… o assail vulnerable Democrats, including North Carolina’s incumbent Sen. Kay Hagan, who is seeking re-election to a second term this November.   &n …"

Center's report on troubled teens wins prestigious Tobenkin Award

'Throwaway Kids' honored with Columbia Journalism School award.

Excerpts from this story referencing "reporter":

"… nation.” The winning series, “Throwaway Kids,” was written by Center reporter Susan Ferriss. Her stories described how disciplined teens were assigned t …"

"… hed in 1959 at Columbia Journalism School to honor New York Herald Tribune reporter Paul Tobenkin. Ferriss will speak May 20 on Journalism Day at the school a …"

Treasury to Comerica: Take our money, please!

By Daniel Wagner

Officials handed bank tens of millions, asked few question, in troubled card program.

Excerpts from this story referencing "bank":

"… t Friday by Treasury’s inspector general. Taxpayers ended up paying the bank $32.5 million through March 2013 under an amended deal that officials offe …"

"… ervices. Treasury did not even realize Comerica had fallen short until the bank told them. Yet they readily agreed to pay Comerica retroactively for card …"

"… adline to stop using paper checks neared. Earlier, when it was selecting a bank to issue the cards, Comerica had claimed that it could handle up to 20 mil …"

"… d users without charging the government a penny. Treasury awards deals to banks without competitive bids under an obscure authority found in a Civil War- …"

Name calling won't silence investigative reporting

By Bill Buzenberg

How a Verizon flack's tweet clinched more readers for our wireless investigation.

Excerpts from this story referencing "reporter":

"… appened a week ago when a corporate spokesman slammed one of our excellent reporters via Twitter, labeling him “lazy and unethical.” Ed McFadden of Verizo …"

"… report was published, he tweeted “This happens when a lazy and unethical reporter writes with something other than his crayons.”  Enter John Dunbar, …"

Corporate subsidy deals don’t always deliver

By Julie Patel

Popular business incentive programs can help politicians win favor with voters and companies.

Excerpts from this story referencing "Jay Inslee":

"… three state subsidies over time have gone to Boeing from Washington. Gov. Jay Inslee, a Democrat who pushed for the recent tax deal, received $58,718 in contri …"

Delay of long-awaited refinery accident report signals divisions at Chemical Safety Board

By Chris Hamby

A last-minute change to a public meeting on a 2010 explosion at the Tesoro refinery in Washington State has board members "embarrassed."

T-Mobile’s lobbying spending may be paying off

By Allan Holmes

The No. 4 wireless carrier sees its lobbying investments paying off in D.C.

Excerpts from this story referencing "Senate":

"… nt $5.2 million on lobbying in 2013, according to the latest filing in the Senate’s Lobbying Disclosure Act Database. That’s almost unchanged from the p …"

Top U.S. corporations funneled $173 million to political nonprofits

By Michael Beckel

Analysis of company disclosures reveals steady flow of cash from corporations to social welfare organizations, trade associations.

Excerpts from this story referencing "Edison Electric Institute":

"… disclosed sizable payments to two other trade groups, $3.4 million to the Edison Electric Institute and about $578,000 to the American Gas Association. Adams said Exelon’s …"

Dow Chemical backed anti-union nonprofit with $2 million donation

By Michael Beckel and Erin Quinn

Nonprofit opposed pro-union ballot measure in Michigan with help of $2 million from chemical giant.

Excerpts from this story referencing "Reynolds American Inc.":

"… uding health insurer Aetna Inc., Johnson & Johnson and cigarette maker Reynolds American Inc. Ahead of the 2012 election, unions pushed for a ballot measure that would …"

AT&T buoyed in lobbying push against spectrum auction limits

By Allan Holmes

Expect telecom giant to fight FCC on spectrum auction limits following T-Mobile airwaves purchase.

New Fed chairwoman Janet Yellen in her own words

By Alison Fitzgerald

Janet Yellen comments on the role of the Fed, devastating unemployment and Congress in selected quotes from 2013.

Fighting over Aetna's disclosure

By Wendell Potter

Commentary: good government group alleges insurer isn't coming clean on political spending.

Excerpts from this story referencing "Senate":

"… t enough Republicans to ensure that the GOP can control both the House and Senate and take back the White House in 2016. As the Center for Public Integrity …"

CVS backs Michigan Gov. Rick Snyder's NERD Fund

By Michael Beckel

Pharmacy chain's donation to Michigan governor's group offers a rare glimpse into the funding of politically active nonprofits.

Ex-SEC chief now helps companies navigate post-meltdown reforms

By Lauren Kyger, Alison Fitzgerald and John Dunbar

Former regulators profit from their experience with jobs, book deals and speaking fees.

Excerpts from this story referencing "Bear Stearns":

"… change Commission, said he was comfortable with the amount of capital that Bear Stearns and the other publicly traded Wall Street investment banks had on hand. D …"

"… tom against China, Dubai and London. The race was over in March 2008 when Bear Stearns, the fifth-largest investment bank in the U.S., nearly collapsed and was s …"

"… rity in early 2008, three of the important events that rattled markets — Bear Stearns, Lehman Brothers and AIG — could have been handled very differently, wit …"

"… e a familiar face as a key decision maker. He had a direct hand in selling Bear Stearns to JPMorgan, letting Lehman Brothers go bankrupt and later bailing out ins …"

Subprime lending execs back in business five years after crash

By Daniel Wagner

Executives from all of the top 25 subprime lending firms are working in the mortgage business five years later.

Excerpts from this story referencing "Bear Stearns":

"… to return is Thomas Marano, who led the mortgage finance division at Bear Stearns and was on the board of its subsidiary, EMC Mortgage. He then took ov …"

Ex-Wall Street chieftains living large in post-meltdown world

By Alison Fitzgerald

CEOs of banks that fueled the subprime crisis that led to the economic meltdown largely avoid consequences.

Excerpts from this story referencing "Jenner":

"… cording to the official bankruptcy report by Anton Valukas of the law firm Jenner & Block. The tactic allowed the company to characterize a short-term …"

Big Labor: still a political force

By Michael Beckel

Despite falling union membership, labor groups are major players in the super PAC arena.

How the defense industry dodges budget cuts

By Bill Buzenberg

Center's 'Gift Economy' project shows how money from defense contractors to key lawmakers affects key national security issues.

Bear Stearns mortgage executives have plum jobs on Wall Street

By Lauren Kyger and Alison Fitzgerald

Executives from the mortgage finance division that helped sink Bear Stearns have similar jobs at major Wall Street banks.

Excerpts from this story referencing "EMC Mortgage Corp.":

"… ing and securitization of subprime loans from Bear’s mortgage subsidiary EMC Mortgage Corp. His division oversaw the mortgage operation from start to finish. EMC wou …"

Mortgage lender owned by Dole Foods magnate accused by CFPB of abusive practices

By Daniel Wagner

The new consumer watchdog is accusing a Utah lender of steering borrowers into high interest mortgages.

IMPACT: OSHA strengthens rules for 'model workplace' program

By Chris Hamby

IMPACT: Companies exempted from some safety inspections under an OSHA program will face automatic removal after work-related deaths.

Democrats use Kochs to scare up campaign cash after Center report

By Dave Levinthal

Democratic party committees fundraising around record Koch Industries PAC spending.

Yellen as Fed chair would be tougher on banks

By Alison Fitzgerald

Janet Yellen, President Obama’s intended nominee for Federal reserve chief, may prove to be tougher on banks.

Excerpts from this story referencing "Atlanta":

"… ailures during the crisis of all the Fed district banks, after Chicago and Atlanta. And Wells Fargo, the biggest bank under the supervision of the San Franc …"

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