Extra Extra : Pensions

Extra Extra Monday: Unfilled prison staffs, overfilled fire departments, nonprofit political spending and gun laws

Center for Public Integrity
Nonprofit spends big on politics despite IRS limitation
“The American Future Fund’s investment in California was part of a nationwide, political advertising spree in 2012 that exceeded $29 million, according to a Center for Public Integrity analysis of state and federal records.”

The Boston Globe
Another free pass for Ivan the Incorrigible
“This long-running spree of crime has led US immigration officials to try, at least three times in the past 12 years, to detain and deport Vaclavik. But each time he has challenged the effort with a lawsuit — and each time immigration has backed ...

Read more ...

Extra Extra Monday: Beef's raw side, pension spiking and reckless prescription writing

The Kansas City Star
Beef's Raw Edges 
"The Kansas City Star, in a yearlong investigation, found that the beef industry is increasingly relying on a mechanical process to tenderize meat, exposing Americans to higher risk of E. coli poisoning. The industry then resists labeling such products, leaving consumers in the dark. The result: Beef in America is plentiful and affordable, spun out in enormous quantities at high speeds, but it's a bonanza with hidden dangers. Industry officials contend beef is safer than it's ever been."

The Los Angeles Times
Dying For Relief: Reckless prescribing, patients endangered
"By ...

Read more ...

Extra Extra Monday: Political influence, disregarded data, costly inmates

Welcome to IRE's roundup of the weekend’s many enterprise stories from around the country. We’ll highlight the document digging, field work and data
analysis that made their way into centerpieces in print, broadcast and online from coast to coast.

Did we miss some? Let us know.  Send us an email at web@ire.org or tweet to @IRE_NICAR. We’ll add it to the list and spread the word.

The Investigative News Network
Big Political Donors Give Far and Wide, Influence Out-of-State Races and Issues
The focus on billionaires’ and corporations’ contributions to Super PACs this year ...

Read more ...

Investigating Texas' public pension fund investments

"As part of its ongoing examination of the Teacher Retirement System of Texas, The Dallas Morning News investigated the shadowy world of pension fund placement agents -- the middlemen hired by private firms to solicit public capital."

"The article focused on one man, a politically connected Houston investment manager, and how his work as a placement agent served as a hidden link between public fund officials and the private firms that manage -- for significant fees -- the investment of these public dollars."

--IRE members can email extraextra@ire.org to read the full story.