Stories

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

Most of our stories are not available for download but can be easily ordered by contacting the Resource Center directly at 573-882-3364 or [email protected] where a researcher can help you pinpoint what you need.

Search results for "finances" ...

  • The Zombie: No. 19603 Still Flies After 27 Years' Service To a Number of Airlines

    The Wall Street Journal reports on the extraordinary life expectancy of planes model Boeing 737. As for many years the industry has trained pilots ways to fly to keep planes running longer, this has caused for old planes to remain in service and accumulate. The story finds that, in the long run, "a jet surplus undermines airline stability" and leads to ticket pricing wars.
  • Seven, Eleven or Trouble

    New Times reports that "Maricopa County is playing risky games with insurance funds to make its financial problems seem smaller than they are.... Critics say the county is depleting its insurance reserves by more than a third, just when strength in the face of liability claims is needed."
  • When your insurer won't pay

    Smart Money reports on "the dozens of ways that home, auto and health insurers try to avoid paying the money they owe you -- and what you can do to make sure they cough it up."
  • Hungry for Answers

    Kids Care, INC. is a charity institution in Houston. Proclaimed as the nation's first meals-on-wheels program for kids, the charity has been honored by two presidents and the United Nations. The charity takes more than a million dollars a year in donations. KTRK-TV began a review of these finances. The investigation revealed a disturbing portrait of how donations were spent -- including thousands of dollars spent at a Houston topless bar, expensive restaurants, trips to lavish day spas and hair bills that exceeded $800 a month. Using the companies own ledger, the station documented false tax returns, exposed the practice of giving gifts to employees and relatives of the charities' founders by disguising the payments as crisis intervention for the needy.
  • Simon's business record less glowing than campaign suggests

    The AP reports on "the business record of Bill Simon, the Republican candidate for governor of California in 2002. Simon, an investor and venture capitalist, was campaigning against Gov. Gray Davis as a successful businessman and creator of jobs," according to the contest entry summary. The story finds that Simon's investments actually are "spectacular failures."
  • Edison Schools: An Education in Financial Deception

    A Bloomberg News investigation shows how Edison Schools Inc. -- "the largest private manager of public schools in the U.S. -- artificially inflated its annual revenue by 41 percent in filings with the Securities and Exchange Commission." Other findings are that Edison booked revenue from the Sherman, Texas, school district, and that budget problems prevented the company from providing textbooks for schools in Pennsylvania.
  • Collapse of control

    The Star-Telegram reports on "construction irregularities, shoddy oversight and waste of taxpayer funds that have riddled the Fort Worth school district for five years." Some of the findings are that two of the school's contractors regularly overcharged for jobs; the district was paying twice for the same job, as its employees worked on projects that have already been awarded to contractors; at least ten projects skirted standard bidding practices; internal controls were not in place. To report the issue, the team built a database of invoices and purchase orders.
  • Corporate Collapse

    The Times reports on corporate scandals surrounding energy company Enron, audit firm Arthur Andersen and telecom giant WorldCom. According to the contest entry summary: "In each case, months after publication and following in-depth investigation by authorities, the information in these stories would become the accepted version of the facts. In essence, these stories took the most important -- and most confusing -- events of the past year and quickly ascertained the truth of what had been happening inside the thick walls of a series of corporations."
  • Financing Terror

    The Wall Street Journal takes "a yearlong look at the United States' efforts to shut down the spigot of money that finances terrorist attacks across the globe.
  • I.R.S. Reparations Scam

    CBS investigates fraudulent refunds paid by the Internal Revenue Service to African Americans for the so-called "black investment tax." As many believed the tax was paying reparations for descendants of former slaves, filings more than doubled in less than two years. The story sheds light on the activities of "tax scammer" Vernon James, who helped hundreds of African Americans receive the black investment tax. A major finding, based on a GAO report, is that IRS lacks internal audits and pays out billions of erroneous or fraudulent refunds.