Analyzing websites such as ARMSLIST.com, The New York Times found convicted felons advertising to buy and sell guns, sellers calling themselves private parties to avoid background checks and 170,000 advertisements offering unknown quantities of guns for sale. The Times reports that sellers often include in listings phrases such as "No questions asked. No paperwork." In all, the analysis revealed that "Armslist and similar sites function as unregulated bazaars, where the essential anonymity of the Internet allows unlicensed sellers to advertise scores of weapons and people legally barred from gun ownership to buy them."
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“A cache of 2.5 million files has cracked open the secrets of more than 120,000 offshore companies and trusts, exposing hidden dealings of politicians, con men and the mega-rich the world over. The secret records obtained by the International Consortium of Investigative Journalists lay bare the names behind covert companies and private trusts in the British Virgin Islands, the Cook Islands and other offshore hideaways." Read the full story from the International Consortium of Investigative Journalists here.
Extra Extra Monday: Secrecy for sale, a drone deal sealed in blood, bad business loans and ad rates that don't add up
Secrecy for Sale: Inside the Global Offshore Money Maze | ICIJ
“A cache of 2.5 million files has cracked open the secrets of more than 120,000 offshore companies and trusts, exposing hidden dealings of politicians, con men and the mega-rich the world over. The secret records obtained by the International Consortium of Investigative Journalists lay bare the names behind covert companies and private trusts in the British Virgin Islands, the Cook Islands and other offshore hideaways.”
A Secret Deal on Drones, Sealed in Blood | The New York Times
"The C.I.A.’s covert drone war in Pakistan began ...
"Lax federal oversight dating back years allowed lenders to repeatedly make bad loans to small businesses under a government program that has cost taxpayers $1.3 billion since 2000 on defaulted loans, a Dayton Daily News investigation found." Read the Daily News's investigation here.
Dozens of journalists working for the International Consortium of Investigative Journalism sorted through millions of leaked records that "lay bare the names behind covert companies and private trusts in the British Virgin Islands, the Cook Islands and other offshore hideaways."
International Consortium of Investigative Journalism reports that key findings include:
- Government officials and their families and associates in Azerbaijan, Russia, Canada, Pakistan, the Philippines, Thailand, Mongolia and other countries have embraced the use of covert companies and bank accounts.
- The mega-rich use complex offshore structures to own mansions, yachts, art masterpieces and other assets, gaining tax advantages and anonymity not ...
Bloomberg reports that national fraternities, with at least $170 million in revenue, "often protect their growing wealth by insulating themselves from legal and financial responsibility for a wave of alcohol and hazing-related deaths and injuries."
Bloomberg reports that some of the biggest national fraternities, while facing lawsuits alleging negligent supervision, "shielded funds in hard-to-tap foundations and cast blame on local chapters with few or no assets. Rather than intensify monitoring of branches, some fraternities have ceded daily supervision to undergraduates."
Google employees were exposed to excessive levels of a hazardous chemical for more than two months at a Superfund site satellie campus, according to the Center for Investigative Reporting: "From mid-November to mid-January, levels o ftrichloroethylene, or TCE, exceeded concentrations considered safe by the federal Environmental Protection Agency at a Google office complex in Mountain View," according to a detailed EPA report obtained by CIR.
The New York Times
Ruled a Threat to Family, but Allowed to Keep Guns
“Advocates for domestic violence victims have long called for stricter laws governing firearms and protective orders. Their argument is rooted in a grim statistic: when women die at the hand of an intimate partner, that hand is more often than not holding a gun.”
OECD Enables Companies to Avoid $100 Billion in Taxes
“With little outside attention, it also plays a pivotal role enabling global corporations such as Google Inc. (GOOG), Hewlett- Packard Co. and Amazon.com Inc. to dodge taxes by shifting profits into ...
The Bozeman Daily Chronicle reports on a growing conflict between Montana's bar owners and craft brewers: "The draft bill is currently sitting in a pile of papers on a legislative staff attorney’s desk in Helena, but the rough outline has caused some upheaval among Montana’s craft brewing industry. It would combine two bills previously lobbied for by the Montana Tavern Association, which represents the retail end of the state distribution system, and build legal walls around the state brewers to keep them on the manufacturing side of the distribution system.
Dozens of Internet sweepstakes cafes are owned and operated by people who are in so much financial hot water that they couldn’t land a job at an Ohio casino. The pseudo gambling parlors have flouted a decades-old state law that requires businesses to register with the secretary of state. And most cafe owners snubbed an affidavit requested by the Ohio attorney general’s office last year to obtain more information about owners and their businesses; most provided little more than a street address. The Columbus Dispatch investigated the backgrounds of both the businesses and the names of owners supplied ...Read more ...