The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or email@example.com) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast.
These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or firstname.lastname@example.org) where a researcher can help you pinpoint what you need.
Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "Intel" ...
Corporate America's Secret Money Trail: "Dirty Money, Clean Banks" , "The $150 Billion Shell Game", "Homeland Security Pork Barrel"
"These three stories document different ways that the largest U.S. corporations break laws and don't get prosecuted, use secret Cayman Island dummy companies to avoid paying taxes, and place top executives on Presidential Advisory boards that award their companies billions of dollars in federal contracts."
Business Week surveys Wall Street's biggest investors and most prominence government experts to determine the best and worst boards of directors nationwide. The survey finds consistency with results from previous years: GE, IBM, Home Depot, Intel, Cisco Systems, Compaq an Campbell rank among the top ones; Walt Disney, Archer Daniels Midland. Advanced Micro Devices, Rite Aid and Cendant are at the bottom. Accounting scandals are often a major cause for underperformance.
The National Law Journal reports on Clinton administration's project XL - shorthand for "excellence" and " leadership" - which rewards good corporate citizenship. Companies get year of relief from costly regulatory scrutiny, if they prove they can handle hazardous waste, plant more cleanly and take better care of their employees by using procedures different that those set out under the federal law. The project has raised concerns among environmentalists who find that the corporations granted the regulatory break may easily violate environmental laws, the Journal reports. Intel, Anheuser-Busch and 3M are among the few who received the opportunity to break federal laws.
The Industry Standard reports that the demand for an ore called columbite-tantalite -- or coltan -- is helping to fuel the civil war in the Democratic Republic of Congo. When refined, coltan becomes tantalum, a highly heat-resistant metal powder that is a key component in everything from mobile phones to computer chips and VCR's. As the demand for these products has increased, "a new, more sinister market began flourishing in the ...Congo. There, warring groups - many funded and supplied by neighboring Rwanda and Uganda - are exploiting coltan mining to help finance a bloody civil war now in its third year." Although selling coltan is not illegal, a United Nations report in April suggested that thousands of tons of coltan had been smuggled from the Congo into Rwanda and Uganda, and may have eventually made it to the U.S. companies that use the material. For their part, these companies have no way of knowing whether the tantalum they use is helping to finance the civil war. Another side effect of the coltan trade: mining activity is especially big in the mountainous northeastern region of the Congo, where endangered gorillas live.
Tags: Democratic Republic of Congo; cellular phones; Nokia; Sony; Intel; AVX; Cabot; H.C. Starck; Kemet; Columbite-tantalite; coltan; civil war; Uganda; Rwanda; tantalum capacitors; Sogem; mountain gorillas
The Street.com investigates "accounting and other irregularities and misstatements at Lernout & Hauspie, a Belgian maker of speech-recogniton software that counted Microsoft and Intel among its largest investors." The stories detail the period of soaring stock price of the Belgian company, although at the same the firm has filed only the minimum required financials with the Securities and Exchange Commission. The investigation shows that the story about Lernout's booming sales has been fake. The columnist reveals "it wasn't until Lernout filed 10-Qs and 10-Ks [annual and quarterly reports] that the full magnitude of its troubles became clearly evident."
CBS News reports "that many workers who spent lifetimes making computer chips in Silicon Valley suffer from life-threatening cancers. The workers attribute their health problems to years of exposure to dangerous chemicals but the industry denies their claims and refuses to allow any independent health study of its employees. Government health agencies expressed alarm at the findings but our investigation discovered that not one agency was actively studying the cancer claims...."
This three-part series investigates how a) Wall Street's "$10-million-a-year superstar analysts" reserve their true "whispers" estimates to leak to big investors and "deliberately lie" to other investors; b) "... how companies - with the approval of their accountants - are now able to understate their losses and overstate their earnings."; c) "Companies routinely disclose market-sensitive information at closed-door conferences with big investors and analysts, giving them a chance to trade first and putting small investors at a disadvantage."
Tags: CAR investing stock brokers brokerages First Call Earningswhisper.com discrimination fraud investment banking SEC Securities and Exchange Commission FASB Financial Accounting Standards Board GAAP Generally Accepted Accounting Principles Intel Blockbuster Wal-Mart ConAgra Cisco Systems equal access public information cash earnings conference calls IPO road shows initial public offering