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Oilman’s donation invested in his fund

By hdcoadmin | February 28, 2006

Stephanie Strom of The New York Times investigated Boone Pickens, the Texas oilman turned investor, to show the $165 million that he gave to a tiny charity set up to benefit the golf program at Oklahoma State University was invested in a hedge fund controlled by Pickens’ BP Capital Management. The gift, which helped Pickens…

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Prep players enroll in questionable schools

By hdcoadmin | February 28, 2006

Pete Thamel, with contributions from Thayer Evans, Jack Begg and Sandra Jamison, of The New York Times found more than a dozen institutions claiming to be prep schools, some of which closed soon after opening. “All or most of the students were highly regarded basketball players. These athletes were trying to raise their grades to…

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Fla. fails to inspect elevators regularly

By hdcoadmin | February 23, 2006

John McCarthy of Florida Today reviewed reports by local, state and federal agencies to show the state agency that oversees elevators has failed to ensure proper inspections as state law requires, in a three-day series on elevator safety. The newspaper found that in Brevard County, 221 of 1,113 passenger elevators do not have a current…

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High interest mortgages prevalent in rural areas

By hdcoadmin | February 23, 2006

Geoff Dutton, Jill Riepenhoff and Doug Haddix of The Columbus Dispatch analyzed federal Home Mortgage Disclosure Act data and explored the spread of high-interest mortgages from inner cities to Ohio’s suburban and rural areas. They found that risky high-interest mortgages have cost record numbers of people their homes, but not just in the big cities.…

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Dallas fails to collect parking fines

By hdcoadmin | February 23, 2006

Dave Levinthal and Molly Motley Blythe of The Dallas Morning News analyzed city records to show that Dallas City Hall, perennially strapped for cash, is owed at least $40 million in unpaid parking fines. As of November, the city had yet to collect on nearly 1 million outstanding parking tickets and their corresponding late penalties…

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Inequities found in property taxes

By hdcoadmin | February 23, 2006

Andrew Nelson, Bill Dedman and Matt Hersh of The Telegraph used city records to show that thousands of homeowners in Nashua, N.H. are paying too much in property taxes because of wide disparities between sale prices and the city’s valuation of properties. Thousands more are paying too little, requiring other taxpayers to pick up the…

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Hawaii’s backlog allows many to escape charges

By hdcoadmin | February 23, 2006

Ken Kobayashi and Jim Dooley of The Honolulu Advertiser used traffic records to show that O’ahu, Hawaii, has an estimated backlog of 61,500 bench warrants, costing the state a potential $20 million in unpaid fines and fees and allowing defendants to avoid charges as routine as running a red light and serious as negligent homicide.…

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Federal loans granted for risky businesses

By hdcoadmin | February 20, 2006

Ben Welsh of the Columbia Missourian used Small Business Administration loan records to show that over the past five years, the number of government-backed loans to Columbia’s bars and restaurants has skyrocketed far beyond previous levels. “Between August 2000 and August 2005, 33 cents of every loan dollar the SBA backed in Columbia — more…

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Ex-adviser gets out of jail early, but victims get little

By hdcoadmin | February 20, 2006

Brent Schrotenboer of The San Diego Union-Tribune used court records in an investigation of John W. Gillette Jr., a former financial adviser to high-profile athletes. He is four years removed from prison after fleecing those athletes out of more than $11 million. He serves as the chief operations officer at Shadow Mountain Community Church in…

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Demand for pardons creates backlog

By hdcoadmin | February 20, 2006

Rich Cholodofsky of the Pittsburgh Tribune-Review analyzed applications for pardons dating to 2000 and found that as the country’s security concerns increased in the wake of 9/11, along with intensified background checks implemented in the late 1990s as a result of the Brady Bill, the number of people seeking to have records of criminal convictions…

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