More Follow the Money Articles

  • NY judge sentences SAC Capital in $1.8B fraud deal

    NEW YORK (AP) — The once high-flying hedge fund SAC Capital was sentenced on criminal fraud charges Thursday under a $1.8 billion deal that prosecutors say included the largest criminal fine ever imposed in an insider trading case. U.S. District Judge Laura Taylor Swain in Manhattan formally...

  • Bank of America paying $772M over selling credit card extras

    WASHINGTON (AP) — Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive. The Consumer...

  • FEC says it's powerless against 'scam' PACs that may have cost Allen West his seat

    Political operatives are profiting by using misleading pleas to raise money from people who think they're giving to well-known candidates who don't actually benefit at all. Their donors are often elderly retirees, campaign finance records show. But "scam" PACs have little to fear from the...

  • Inspector general: South Carolina State University diverted $6.5 million

    South Carolina State University has diverted $6.5 million meant for agriculture research to cover debts since 2007, contributing to its cash flow crisis, the state inspector general said in a report released this week.

  • Two charged in $70 million Florida 'virtual concierge' fraud

    WEST PALM BEACH, Fla. (AP) — Two South Florida men are facing fraud charges in an alleged $70 million scheme using investments in so-called "virtual concierge" machines that operate in retail stores. Federal prosecutors said Tuesday that 49-year-old Joseph Signore and 56-year-old Paul...

  • CVS settles SEC investigation for $20 million

    CVS Caremark has finalized a $20 million settlement with the Securities and Exchange Commission over accusations that the company misled investors and used improper accounting to boost its performance several years ago. The drugstore chain and pharmacy benefits manager had announced the...

  • US jury hits Takeda, Eli Lilly with $9B penalty

    TOKYO (AP) — A U.S. jury ordered Japanese drugmaker Takeda Pharmaceutical Co. and its U.S. counterpart, Eli Lilly and Co., to pay $9 billion in punitive damages over a diabetes medicine linked to cancer. The drug companies said Tuesday they will "vigorously challenge" the decision. The U.S...

  • EXography: Globe-trotting honchos spend big on FMCS' dime

    Odds are good that wherever the words "labor" or "arbitration" are mentioned at meetings around the world, somebody from the U.S. Federal Mediation and Conciliation Service will be there.

  • Report: Government files lacking for $6 billion in contracts

    A government investigation has found that the State Department has incomplete files or is missing files for more than $6 billion in contracts over the last six years.

  • Jason Chaffetz rips USAID over 'slush fund' to Afghan government

    A U.S. House member from Utah expressed shock Thursday over what he called "lobbying money" paid to the government of Afghanistan in exchange for laws or programs the U.S. government wants but the Afghan government wouldn't otherwise enact. Last year, the U.S. Agency for International...

  • EPA stores agency paper the expensive way, IG finds

    The way the Environmental Protection Agency stores extra agency publications is costing an extra $1.5 million annually, according to a new watchdog report. At a warehouse in Blue Ash, Ohio, the EPA is "tying up funds by storing and caring for excess stock," according to the report. Despite...

  • 2 New Jersey towns contesting audits on Sandy aid

    Two New Jersey towns are contesting findings from the federal government that they are not entitled to certain Superstorm Sandy debris removal reimbursements.

  • Minnesota couple arrested in Florida for welfare fraud

    A Minnesota couple who allegedly lived in expensive homes and owned a yacht while taking more than $160,000 in state welfare benefits has been arrested.

  • Medicare incorrectly dishes out nearly $8 million to hospitals, watchdog finds

    Wrongly coded patient visits caused Medicare to overpay hospitals nearly $8 million, an inspector general's report has found. After sampling 110 random line items from hospitals around the country, the Centers for Medicare and Medicaid's IG found that only two were correct. Thus, the IG...

  • Ex-New Jersey official convicted of corruption

    LAWRENCE, Mass. — The former chief of staff of ex-Lawrence Mayor William Lantigua has been convicted of corruption charges. Leonard Degnan was found guilty Monday of bribery, conspiracy, soliciting a bribe and unlawful use of official position. He was found not guilty of extortion....



From the Weekly Standard

  • Through a Google Glass, Darkly

    “Just because something bears the aspect of the inevitable one should not, therefore, go along willingly with it.” ​—​Philip K. Dick

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  • 2014 ≠ 2016

    Polls are overrated, but they can be still instructive. So what’s to be learned from a Fox News survey of 1,012 registered voters conducted April 13-15? 

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  • As Goes North Carolina

    Raleigh, N.C.  To win the Senate, Republicans must win North Carolina. While it’s mathematically possible to take the Senate without ousting Democratic senator Kay Hagan, the chances of that...

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