The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or email@example.com) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast.
These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or firstname.lastname@example.org) where a researcher can help you pinpoint what you need.
Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "corporate greed" ...
The authors explored how the property insurance industry has changed over the last couple of decades and adopted a policy of consistently underpaying policyholders. The authors used internal documents from major insurance companies as well as first person sources to show how insurance agencies are handling claims in ways that pressure policyholders to accept low payments.
The US has spent more money on rebuilding Iraq than it has ever spent on any foreign country, yet it has failed to rebuild it. "The book chronicles poor planning, massive corruption by both Iraqi and American officials, a complete lack of accountability and the rise of the private security industry."
Internal Combustion: How Corporations and Governments Addicted the World to Oil and Derailed the Alternatives
Author Edwin Black discusses the world's use of oil, asserting that it is corporate greed that has kept oil a prominent part of society. He examines the history of the dependence going back 100 years, "expos(ing) a century of lies about internal combustion that arose from a millennium of monopolistic conduct in energy."
The Wall Street Journal examined how companies have been using their overfunded pension plans to increase profits, rather than pass on the benefits to its workers. "One might think that for employees, the overfunding of [pension] plans would be good news; there would be at least a chance that the company would improve their benefits. But in fact, the incentives for companies are quite different," finds the Journal. Instead, "while no company ever cites profits as a reason for a pension switch, many companies with overfunded pension plans are changing their plans, frequently with the result that future benefits become less generous." The reason for this was rooted in "an accounting rule change" dating back to 1987 that required companies to start recognizing pensions on their income statements as liabilities. But when the unexpected happened, and the stock market boomed -- the result was "the birth of some gargantuan pension-plan surpluses." Greed took over from there.
Fortune looks at the failure of Rambus, a technology design company to utilize completely its position as a holder of computer technology patents. The story follows the growth of Rambus from a tiny company, in 1992, to corporation demanding royalties on technology that represents 80% of the $32 billion market for chips, in 1999. The article describes how Rambus has been laid low, after a jury found out it has plotted to gather patents on standardized technology instead of disclosing them. "Rambus' problems have come not from the passing of an economic bubble but from its embrace of two age-old sins: duplicity and greed," Fortune reports.
The Pittsburgh Post-Gazette reports about "the rapid rise and equally rapid descent of the Allegheny Health empire, which became the nation's largest health-care failure when the nonprofit filed for bankruptcy in July 1998.... Built on a strategy that utilized heavy debt and almost total control of one individual and his board cronies, Allegheny bought financially struggling hospitals and medical schools, paid top dollar for physician practices and lived lavishly even as operating losses were mounting and the overall health-care environment was deteriorating.... Allegheny's offices and directors twice upped their liability insurance, from $50 million to $200 million, in the months before the bankruptcy filing...."
Tags: AHERF Allegheny Health Education and Research Foundation health care providers not-for-profit charity charitable institution IRS 990s business banking corporate federal oversight malfeasance SEC William Penn Snyder III Sherif Abdelhak ambition greed
The Philadelphia Inquirer Magazine reports that "a helicopter attack on a delta village reveals Nigeria's tangle of oil and money, feuds and poverty... In fact, the (Jan.4) attack on Opia -- like so much of the turmoil in the delta, seems to have been spawned not only by oil, but by government corruption, corporate greed and intricate tribal rivalries. Oil has only raised the stakes to an international level."
The Nation documents how the privately financed project to restore the Statue of Liberty became tarnished by corporate commercialism, cronyism and greed, Nov. 9, 1985.