Silicon Valley Bank executives, including CEO Greg Becker, sold $84 million in stock over two years, with $3.6 million sold just two weeks before the bank’s failure. The Justice Department and SEC launched investigations into these insider stock sales, which were executed under 10b5-1 trading …
On September 20, 2020, BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ) published the FinCEN Files, exposing over $2 trillion in suspicious financial transactions between 1999 and 2017. The investigation, involving 2,657 leaked documents and 2,121 suspicious …
BuzzFeed News and the International Consortium of Investigative Journalists published the FinCEN Files, revealing more than $2 trillion in suspicious banking transactions reported to the U.S. Financial Crimes Enforcement Network between 1999 and 2017. The files contained over 2,100 Suspicious …
Deutsche Bank agreed to pay $150 million in penalties for its failure to properly monitor Jeffrey Epstein’s banking activities. The bank processed hundreds of transactions for Epstein even after his 2008 conviction, including payments to potential co-conspirators and alleged victims. …
A fatal aviation disaster revealing critical design flaws in Boeing’s 737 MAX aircraft. The crash of Lion Air Flight 610 exposed systemic issues in aircraft design, maintenance, and pilot training, resulting from a malfunctioning Maneuvering Characteristics Augmentation System (MCAS). …
Facebook suspends Cambridge Analytica and parent company SCL from its platform following explosive revelations by whistleblower Christopher Wylie about systematic data harvesting affecting 87 million users. The suspension comes only after The Guardian and New York Times publish comprehensive exposés …
On March 15, 2016, the Centers for Disease Control and Prevention released its first-ever “Guideline for Prescribing Opioids for Chronic Pain”—twenty years after Purdue Pharma launched OxyContin with aggressive marketing based on false addiction claims, and nine years after …
On April 5, 2010, the FDA approved Purdue Pharma’s reformulated OxyContin designed to make it more difficult to crush, snort, or inject—14 years after the original drug’s launch and three years after the company’s guilty plea to criminal misbranding. Purdue ceased shipping the old …
The U.S. government authorized an $85 billion bailout of American International Group (AIG), with Goldman Sachs receiving $12.9 billion—the largest individual payout. Treasury Secretary Henry Paulson, a former Goldman Sachs CEO, played a central role in the decision, despite significant conflicts of …
On April 13, 2008, Google completed its $3.1 billion acquisition of DoubleClick, the dominant online advertising server and ad exchange operator. The merger, approved by the Federal Trade Commission in December 2007, combined Google’s search advertising dominance with DoubleClick’s …
The Honest Leadership and Open Government Act took full effect after President Bush signed it into law, implementing new ethics rules designed to slow the revolving door between Congress and lobbying firms. The law extended cooling-off periods from one to two years for senators and established a …
Between 2000 and 2020, approximately 500,000 Americans died from opioid-involved overdoses, representing one of the most devastating preventable public health catastrophes in American history. The death toll resulted from a combination of aggressive pharmaceutical marketing, regulatory capture, and …
By 1989, over 1,000 savings and loan institutions have failed, representing approximately one-third of the entire S&L industry and marking one of the worst financial industry collapses in American history. The systemic failure stems directly from 1980s deregulation that eliminated prudential …
Silverado Savings and Loan collapses with losses exceeding $1 billion to taxpayers, exposing serious conflicts of interest involving Neil Bush, son of Vice President-elect George H.W. Bush. Neil Bush served on Silverado’s board of directors from 1985-1988, during which he approved over $130 …