The IRE Resource Center is a major research library containing more than 27,000 investigative stories.

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Search results for "finances" ...

  • Jackson's protests benefit his family, friends

    The Sun-Times reports on the Rev. Jesse Jackson's questionable finances and deals. The investigation reveals that Jackson "has been able to parlay his crusade for minority empowerment into lucrative contracts for his close friends and even members of his family." The main findings are that: Jackson blessed major telecommunications and media mergers after his, as well as his friends' organization received multi-million-dollar contracts from the industry; that Jackson's sons received one of the most lucrative distributorships from Anheuser-Busch, the company that their father boycotted in the 80s for its record on race; that the sons will not say how many minorities work at their business; that Jackson received $50,000 from the state of Illinois for a Civil Right Library that was never built; and that Jackson paid through his nonprofit organizations $110,000 to a mistress who bore him an out-of-wedlock child.
  • American Indian Rule: Sovereignty Abused

    An investigation by the Detroit News reveals "widespread civil rights abuses" on American Indian reservations in Michigan and across the country. "American Indians, our investigation revealed, often live in societies with no independent justice system, limited access to public records, restrictive election laws and scant protections against legislative misconduct. In addition, most Indians have little control over their tribe's finances and their tribal membership is subject to the whim of their leaders."
  • Is the S&P 500 Rigged?

    Money Magazine reveals that in the late 1990s the committee that designs the Standard&Poor's 500-stock index "began making dozens of highly subjective, often damaging changes to the index." The changes, which occurred without warning or precedent, cost American investors about $100 billion. The story sheds light on how the S&P committee works, and reveals that it is "probably the most powerful - and secretive - force in the U.S. stock market." The report lists the 10 biggest losers in the S&P 5000 as of the end of 2000.
  • Town and Country

    Education Week reports on how "urban and rural communities across the country have gone to court in search of more help from their states in constructing and upgrading schools." The story looks at how Alaska's villages and New Jersey's cities have fared in their struggles for financial aid for education. The comparison is between Golovin, Alaska, and Newark, New Jersey. "They represent two sides of the same coin ... yet they have this in common: Compared with the facilities of other school districts in their own states, the schools in Golovin and Newark are at a significant disadvantage," the publication reports.
  • Mrs. Weslock's Manhunt

    Talk follows the story of Lesley Weslock, ex-wife of millionaire Edward Weslock, the president of Church's shoes, who ran away from home and disappeared for five years, "wiping out the couple's bank accounts." His ex-wife had to disguise and sleuth, in order to get him arrested and to receive partial justice many years later. "Lesley didn't get mad. She simply found herself a $10-an-hour job and embarked on a five-year global mission to find him," the magazine reports.
  • The Biotech Bet

    Governing reports on "cultivating biotechnology" as a major economic development objective in Arkansas. The story looks at finances behind the biotech research and development efforts throughout the country. The article details initiatiatives coming from the business and the academic world, but also examines "the public sector's role in helping fledgling enterprises to thrive." The report describes methods of pumping capital into money-starved biotech companies, and some competitive advantages of small cities that are not amongst the largest biotech incubators.
  • Give and Take

    The Denver Post found that as little as 2 cents for every dollar donated to public safety organizations, known as badge groups, goes to the charitable programs being solicited for. As much as 82 cents stay in the hands of the soliciter. "Colorado authorities rarely act if a badge group's solicitors don't report finances to the state, even though they're required to by law," the Post reported.
  • Public Funds, Private Profits

    A KXLY-TV investigation into an overpriced parking garage leads Tom Grant and Adele Steiger to discover a complicated property scheme that diverted $10 million in public funds into a private project. The KXLY-TV team discovered that Spokane's most powerful family, the Cowles, used its leverage to get a the parking lot built through a public-private partnership. However, now the city is losing money from the deal while the Cowles are still reaping huge profits -- and the city's major media outlets, all owned by the Cowles, are refusing to investigate this issue's obvious conflicts of interest.
  • For Sale By Owner

    KPTV investigated a neighborhood that was repeatedly loosing all of their For Sale By Owner signs. Reporters discovered the thief and through noticing a fire fighter sticker in the back window of his car, tracked him down. "Not only was he a former real estate agent, but his wife is a current one." KPTV learned his schedule and "he gave an interview that revealed so much.' This report illustrated "the level to which people will go to further themselves in personal and business finances."
  • Purchase Plus Buyers Group

    WBNS-TV examined "Purchase Plus Buyers Group, located in a suburb of Columbus, Ohio, and was becoming one of the fastest growing multi-level marketing companies in the United States. More than 60,000 people across the country began investing their money in the company, confident it would lead them down the road to riches. ... Upon investigating, we found the company making false promises and contradicting statements, selling bogus products and not paying investors. In a month long investigation of the company's owners, we also uncovered a history of serious financial and legal troubles."