David A. Fahrenthold, Trump used $258,000 from his charity to settle legal problems. The Washington Post, 20 September 2016. “The Washington Post’s David A. Fahrenthold explains the latest revelations about how Republican presidential nominee Donald Trump may have violated the IRS’s rules regarding charitable funds.”
Archives for September 2016
September 10, 2016
How Donald Trump retooled his charity to spend other people’s money
David A. Fahrenthold, How Donald Trump retooled his charity to spend other people’s money. The Washington Post, 10 September 2016. “The Donald J. Trump Foundation is not like other charities. An investigation of the foundation — including examinations of 17 years of tax filings and interviews with more than 200 individuals or groups listed as donors or beneficiaries — found that it collects and spends money in a very unusual manner. For one thing, nearly all of its money comes from people other than Trump. In tax records, the last gift from Trump was in 2008. Since then, all of the donations have been other people’s money — an arrangement that experts say is almost unheard of for a family foundation. Trump then takes that money and generally does with it as he pleases. In many cases, he passes it on to other charities, which often are under the impression that it is Trump’s own money.”
September 6, 2016
How Elizabeth Holmes’s House of Cards [Theranos] Came Tumbling Down
Nick Bilton, How Elizabeth Holmes’s House of Cards Came Tumbling Down. Vanity Fair, 6 September 2016. “In a searing investigation into the once lauded biotech start-up Theranos, Nick Bilton discovers that its precocious founder defied medical experts–even her own chief scientist–about the veracity of its now discredited blood-testing technology. She built a corporation based on secrecy in the hope that she could still pull it off. Then, it all fell apart.”
September 2, 2016
How Fox News Women Took Down Roger Ailes
Gabriel Sherman, How Fox News Women Took Down Roger Ailes. New York Magazine, 2 September 2016. “It took 15 days to end the mighty 20-year reign of Roger Ailes at Fox News, one of the most storied runs in media and political history. Ailes built not just a conservative cable news channel but something like a fourth branch of government; a propaganda arm for the GOP; an organization that determined Republican presidential candidates, sold wars, and decided the issues of the day for 2 million viewers. That the place turned out to be rife with grotesque abuses of power has left even its liberal critics stunned. More than two dozen women have come forward to accuse Ailes of sexual harassment, and what they have exposed is both a culture of misogyny and one of corruption and surveillance, smear campaigns and hush money, with implications reaching far wider than one disturbed man at the top.”
Update: Sarah Ellison, Fox Settles With Gretchen Carlson for $20 Million–and Offers an Unprecedented Apology. Vanity Fair, 6 September 2016.