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 "investments" ...

  • Strings Attached

    Councilwoman Helena Brown, known for her loony diatribes, is heavily -- some say completely -- influenced by senior advisor William Park, who last year was banned from the investments industry.
  • Playing with Fire

    “Playing with Fire” focuses on a public board well out of the public eye, but one that could cost New Orleans taxpayers millions of dollars every year. After a month of digging through thousands of pages of records at the New Orleans Firefighters Pension Fund, WVUE-TV and Lee Zurik revealed questionable salaries, spending, and management. Among the notable discoveries: a $70,000 raise and $90,000 lump sum payout for the board Secretary-Treasurer/CEO; tens of thousands of dollars in questionable credit card charges by the board; and tens of millions of dollars in questionable investments. This last element is perhaps the most egregious for the citizens of New Orleans who are left to foot the bill for any pension fund shortfalls. This multi part series launched an investigation by the city’s inspector general, forced the board to change polices and led to charges filed by the state ethics board against two of the principals in our series.
  • How Safe Are Your Savings?; The Time Bomb In Your Nest Egg

    "The Time Bomb In Your Nest Egg" was the result of an intensive, year-long investigation which revealed how Wall Street firms and major banks are selling structured products by advertising them as safe, sure bets. In fact, they are essentially a repackaged version of the same high-risk products that played a major role in the 2008 financial collapse. "How Safe Are Your Savings?" details the nature of these investments, how they're sold, and who Congress and the SEC need to do to protect investors.
  • Jobopoly

    Despite investments of $1.2 billion over five years, corresponding to 55 percent of the total Tax Increment Funding program in Chicago, the downtown area has lost over 12,000 jobs during the past five years, predominantly hitting African-American communitites.
  • Green Grants: Tracking the Energy Stimulants

    The 2009 stimulus bill created a program that was supposed to drive development of wind, solar and other renewable energy projects. But when reporter Anne C. Mulkern dug into the grants in lieu of tax credits effort, she uncovered that in many cases, federal money did little to stimulate new business investments.
  • "A Crack in the Swiss Vault"

    This investigative story takes an in-depth look into offshore banking, specifically in Switzerland. Bradley Birkenfeld is an American citizen serving extensive prison time for revealing to the U.S. Government that "he and his colleagues" had been secretly helping their "American customers evade hundreds of millions of dollars in taxes" through private banking divisions in Geneva.
  • Treasury Luxury Travel

    The Oregonian's investigation spotlighted an obscure corner of state government where Wall Street practices became business as usual, where a set of high-paid employees were granted special exemptions to operate outside the scope of state gift and ethics laws, and functioned with little internal or public oversight. The newspaper revealed that state investment officers charged with monitoring more than $50 billion in state pension investments routinely travel in luxury, paid for by taxpayers and the Wall Street investment managers they are supposed to be overseeing. They stay at high-end resorts and five-star hotels, eat at celebrated restaurants and fly first class. The tab is often picked up by investment firms managing Oregon's investments, who are competing for hundreds of millions of dollars in fees that the pension fund pays annually. The state treasury didn't monitor that travel. It kept no record of the expenses or gratuities provided its employees. And it ignored the potential conflicts of interest.
  • Questionable Advisors, ethical gaps dog Detroit's public pensions

    The investigation “focused on the advisers to Detroit’s public pension plans and their investments.” The findings revealed: advisers failed to display the problems with the businessmen who pitched investments, trustees didn’t follow their rules and had zero travel policies, and the fund invested a large amount of money in real estate.
  • King of the Club

    "The book chronicles the rise and fall of one of Wall Street's most powerful leaders, Richard Grasso, the former chairman of the New York Stock Exchange."
  • "Clusterbomb" and "Bank Secrets"

    In "Clusterbomb," the Dutch pension funds are the second biggest in the world. ZEMBLA sought to find out which companies they used for investing and why this information was not accessible to the public. "Bank Secrets" looked at what banks do with their savings and in which companies is this money invested.