Category: Business
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Sudden turnover at the top, financial downgrade raise flags about state prison provider Corizon
By Dan Christensen
BrowardBulldog.org
The two top executives of a state vendor who negotiated a $1.2 billion contract with the Florida Department of Corrections to provide medical care for thousands of state prisoners were abruptly fired on Wednesday. -
The impact and echoes of the Wal-Mart discrimination case
By Nina Martin
ProPublica
When the U.S. Supreme Court issued its 5-4 decision in Wal-Mart v. Dukes in June 2011, no one needed a Richter scale to know it was a Big One. In throwing out a mammoth lawsuit by women employees who claimed that they’d been systematically underpaid and underpromoted by the world’s biggest corporation, the ruling upended decades of employment discrimination law and raised serious barriers to future large-scale discrimination cases of every kind. -
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Use Only as Directed: Acetaminophen can kill, but regulators don’t act
By Jeff Gerth and T. Christian Miller
ProPublica
During the last decade, more than 1,500 Americans died after accidentally taking too much of a drug renowned for its safety: acetaminophen, one of the nation’s most popular pain relievers. -
Broward commissioners move to retake contract power; change would reverse 2010 reforms
By William Hladky
BrowardBulldog.org
The Broward County Commission has taken its first step to snatch back power to influence the awarding of contracts, and more change is in the air. -
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Ex-SEC chief now helps companies navigate post-meltdown reforms
By Lauren Kyger, Alison Fitzgerald and John Dunbar
Center for Public Integrity
On March 11, 2008, Christopher Cox, former chairman of the Securities and Exchange Commission, said he was comfortable with the amount of capital that Bear Stearns and the other publicly traded Wall Street investment banks had on hand. Days later, Bear was gone, becoming the first investment bank to disappear in 2008 under the watch of Cox’s SEC. -
Ex-Wall Street chieftains living large in post-meltdown world
By Alison Fitzgerald
Center for Public Integrity
Five years after the near-collapse of the nation’s financial system, the economy continues a slow recovery. Many of the top Wall Street bankers who were largely responsible for the disaster are also unemployed. But they walked away with millions and they’re juggling their ample free time between mansions, golf, skiing and tennis
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