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 rescntr@ire.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 "Wall Street" ...
-
Profiting from the Auto-Bailout
September, 2012 the Obama campaign launched television ads blasting Romney’s November 2008 New York Times op-ed, “Let Detroit Go Bankrupt.” In an article for The Nation Magazine, funded by The Nation Investigative Fund we discovered that Ann Romney, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment. It all starts with Delphi Automotive, a former General Motors subsidiary whose auto parts remain essential to GM’s production lines. No bailout of GM—or Chrysler, for that matter—could have been successful without saving Delphi. So, in addition to making massive loans to automakers in 2009, the federal government sent, directly or indirectly, more than $12.9 billion to Delphi—and to the hedge funds that had gained control over it. One of the hedge funds profiting from that bailout— $1.28 billion at the time of publication — was Elliott Management, directed by Romney supporter, Paul Singer.
Tags: Bailout; political campaign; Obama; Romney; Paul Singer
-
Dark Markets
The Wall Street Journal’s coverage of financial markets in 2012 performed a rare and extraordinary service: It exposed evidence of hidden manipulation by corporate executives and professional traders that the markets’ official government watchdogs were utterly unaware of. Reflecting potential widespread harm to millions of ordinary investors, federal prosecutors and securities regulators raced to follow the Journal stories with major investigations. A team of reporters spent six months creating a database examining how more than 20,000 corporate executives traded their own companies’ stocks over the course of eight years. What the team found was disturbing: More than 1,000 executives had generated big profits, or avoided big losses, by trading their company stock in the days ahead of corporate news announcements that led to big moves in the shares. The Journal also exposed a regulatory loophole that had helped the executives take advantage of inside knowledge ahead of other investors. The Federal Bureau of Investigation, the Manhattan U.S. Attorney's office and the Securities and Exchange Commission all launched investigations the day the Journal article appeared.
Tags: Financial markets; corporate executives; stocks; Federal Bureau of Investigation
-
WSJ China's Troubled Transition
During his years in China, British businessman Neil Heywood cut a rather eccentric figure, cruising around Beijing in a silver Jaguar with “007” license plates and boasting implausibly about his connections to senior Communist Party officials. When he was found dead in a second-rate provincial hotel room in November 2011—of “excessive alcohol consumption,” according to local authorities—he was immediately cremated and seemingly just as quickly forgotten. Forgotten, that is, until Wall Street Journal reporter Jeremy Page began digging into the case. Using his wide network of local and foreign contacts, the Beijing correspondent discovered that this was much more than a sad case of expat overindulgence. It turned out that Mr. Heywood was in fact very close to the wife of Bo Xilai, a Communist Party rising star—and that he had told friends he feared she might do him harm. The investigation lifted the lid on the extravagant, and often lawless, private lives of the country's elite—a forbidden topic for Chinese media, and one rarely touched on by the foreign press. Mr. Page’s reports, devoured by China’s vast population of Internet users, sparked massive public debate and may even have altered the course of China’s once-a-decade leadership transition.
Tags: Bo Xilai; China; Communist Party; death
-
Justice in the Shadows
Although immigration is one of America’s most divisive, visceral, and hotly debated issues, the public rarely gets a close look at the vast law enforcement network that every year detains more than 400,000 suspected illegal immigrants. Courts often operate inside prisons, far from view. Immigration officials play by rules that would not be permitted for the police or the FBI. Here is a system heavily shielded from public scrutiny. Reporting even routine activities is a challenge. Boston Globe reporters Maria Sacchetti and Milton J. Valencia, however, penetrated the wall of secrecy. Their three-part series, “Justice in the Shadows,” revealed a dysfunctional and largely unaccountable system that locks up people who pose little threat while releasing dangerous criminals back to US streets because their home countries won’t take them back. The results, Sacchetti and Valencia showed, at times can be deadly for Americans and foreigners alike. The reporting was anything but quick or easy. Sacchetti and Valencia filed more than 20 Freedom of Information Act requests to federal agencies that comprise the immigration system. Nearly all of them were partially or wholly denied, purportedly to protect the privacy of the immigrants. With the federal government blocking the way, Sacchetti and Valencia found other avenues to document what was happening inside this Byzantine system, investing a year to do so. The effort to shed light on the immigration system continues: The Globe has filed a federal lawsuit against the Department of Homeland Security to force the agency to reveal the names of more than 8,000 criminal foreigners released in the US because they couldn’t be deported.
Tags: security; Department of Homeland Security; illegal immigrants; FBI
-
Denticaid: Medicaid Dental Abuse in Texas
A nearly two-year-long probe of Medicaid dentistry by WFAA’s Byron Harris discovered what authorities now say is a system of corporate fraud, propelled by Wall Street. News 8 found taxpayer money has gone to finance lavish lifestyles of dentists who have billed the government for unnecessary orthodontics and other procedures that, in many instances, harmed children. WFAA also uncovered a network of Medicaid recruiters who, for at least one clinic, lured children into a van with cash and food, had them sign their parents' names on treatment forms, then performed extensive and unnecessary work on their teeth without their parents’ permission. The FBI is currently investigating this and other Medicaid fraud schemes brought to light by WFAA's reporting.
Tags: Medicaid; dental health; fraud; corruption
-
The Pearl Project
The Pearl Project spent more than three years invesigating the 2002 kidnapping and murder of Wall Street Journal reporter David Pearl. The investigation found that hte kidnapping and murder was a multifaceted, at times chaotic conspiracy.
Tags: David Pearl; Wall Street Journal; kidnaping; murder
-
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.
Tags: congress; SEC; wall street; nest egg; savings
-
Personal Space
The "What They Know" series investigates the ways in which technology is making it easier for companies and governments to gather personal information about us.
Tags: technology; privacy; government; companies; wall street journal
-
Inside Track
The Wall Street Journal staff exposed how new ways of insider trading have corrupted the U.S. financial, corporate, and political worlds, having enormous impact in the process. The article shows how well-connected investors managed to gain an advantage by getting early clues to the Federal Reserve's forthcoming policy moves, as well as to important legislation from Washington lawmakers.
Tags: Wall Street; insider trading; washington; lawmaker; federal reserve
-
Dodd-Frank Meeting Logs
The passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act included provisions, requiring five government financial agencies to log meetings with financial companies, employees, or lobbyists on their individual websites.
Tags: Consumer Protection Act; Dodd-Frank Wall Street Reform