A report by John Gittelsohn of the Orange Country Register details how Daniel Sadek, a subprime mortgage lender, was bailed out by Citigroup. Sadek was the founder of Quick Loan Funding which wrote over $4 billion in subprime loans before its demise in 2007. Citigroup, recipient of the largest federal bank bailout, offered Sadek modified…
Read MoreWe’d like to take this opportunity to remind you that tomorrow, January 7, is the postmark deadline for the 2008 IRE Awards. Don’t miss this opportunity to have your hard work recognized! All entries become a permanent part of the IRE Resource Center‘s investigative story collection, creating an invaluable resource for journalists. Entry forms are…
Read MoreA Salt Lake Tribune analysis of NBA player-run charities found they face a wide range of problems, from meager funding and high administrative costs to a lack of professional staffing and oversight. Tax records indicate these 89 charities together raised at least $31 million between 2005 and 2007, but only about $14 million of that…
Read More In the latest installment of The Washington Post’s look at the ways in which Wall Street innovation outpaced Washington regulation, Robert O’Harrow Jr. and Brady Dennis look at the role played by American International Group (AIG). They find that many of the most compelling aspects of the economic cataclysm can be seen through the story…
Read MoreAn investigation by The Atlanta Journal-Constitution found that football and men’s basketball players on the nation’s big-time college teams averaged hundreds of points lower on their SATs than their classmates. The investigation involved using state open records acts to request reports that colleges must file with the NCAA disclosing SAT scores of their athletes. More than 50…
Read MoreIf your newsroom has cut back on sending journalists away for training, maybe you can persuade your bosses to bring IRE to you. IRE’s custom training is surprisingly affordable, with a proven track record of producing results. Working with our training directors, your news organization can put together the most effective schedule for your staff…
Read MoreA Los Angeles Times investigation has found that over the last six years, police officers in Inglewood, Calif., have repeatedly resorted to physical or deadly force against suspects who were unarmed or accused of minor offenses. In the span of four months this year, Inglewood officers shot and killed four people, three of them unarmed. The…
Read More In the latest installment of their ongoing 18-month investigation, Susanne Rust and Meg Kissinger of the Milwaukee Journal Sentinel found that the U.S. Environmental Protection Agency routinely allows companies to keep new information about their chemicals secret, including compounds that have been shown to cause cancer and respiratory problems. The newspaper examined more than 2,000…
Read MoreAn eight-month investigation by Fred Schulte and James Drew of The Baltimore Sun found that over the past five years some of Maryland’s 46 nonprofit hospitals have received millions of surplus dollars from the government even as they sued tens of thousands of patients over unpaid bills. Many of these suits have been filed against patients in…
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