A Whistleblower in His Own Words

June 6, 2013

Clark Bolton
WellCare Whistleblower

By Angie Moreschi:

A first hand account of a whistleblower experience is not something you hear very often. Whistleblowers are a rare breed. They often come forward reluctantly, but are compelled to reject silence in order to expose wrongdoing and fraud against the government.

Clark Bolton is one of those rare few. He came forward as a whistleblower against insurance provider WellCare after uncovering evidence of Medicaid/Medicare fraud.  His case ultimately helped lead to a $137.5 million settlement. He shared his experience with CWN to offer insight into what it’s like to be a whistleblower.

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Whistleblower Tells How He Outed Bernie Madoff

April 26, 2013

Bernie Madoff Arrested

When a whistleblower tries to stop fraud and corruption, often times the hardest part is getting someone to listen. That was certainly the case for one of the men who helped to uncover the biggest Ponzi scheme ever  in the United States.

Frank Casey was just doing his job at Rampart Investment Management when he noticed returns on Bernie Madoff’s investments were “too good to be true.”

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How Wall Street Escaped Prosecution in the Mortgage Crisis

January 24, 2013

Slapping a pair of handcuffs on wealthy executives can be a major deterrent to crime, but remarkably, Wall Street big wigs have been able to completely avoid jail time in the mortgage crisis that sent our country into a financial tail spin from which it has yet to fully recover.

In a fascinating new documentary, PBS’s Frontline investigates why Wall Street leaders have escaped prosecution for any fraud related to the sale of bad mortgages.  Click here to watch this compelling report which takes a hard look at the actions of prosecutors and why they fell short.

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Is iTunes Killing Music Nostalgia?

July 26, 2012

By: Darrin Clouse

It’s no secret these days. Everyone is well aware of how easy it is to download your favorite music in less time than it takes to find your car keys. It’s a natural progression in our techno-hungry world, and music was destined to change as the ability to receive it and listen to it changed as well.

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The Filter Bubble: Putting You in a World of Isolation

May 16, 2012

By Terry Smiljanich:

When you search on Google for something you want to know more about, your search results reflect those sites that everyone on the internet has collectively decided are the most useful sites regarding that subject – right?  Wrong. Your search results are instead personalized for you, showing you what you are most likely to click on. Another person searching on the same term may very well get completely different search results.

At first glance, that might seem helpful, but truly what’s happening is that you are being isolated from information that may not fit your current beliefs and interests. These filters, based on your past habits, are making your world smaller and in the process promoting the polarization of society.

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Don’t be fooled by “1st One’s Free!”

May 12, 2012

Have you ever wanted to buy one of those precious, gotta-have, collector’s items?  You know.  The kind that advertise: “First one free!! No obligation!!”?  Well, before you do, click here to watch CWN’s Terry Smiljanich explain why you should be careful.

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Goodbye Shuttle Discovery

April 17, 2012

Photos courtesy: Joe Jacoby

By Angie Moreschi:

The Space Shuttle Discovery soared over the Kennedy Space Center in Cape Canaveral, Florida to the cheers of spectators, before flying out out of the Sunshine state for good.  It was a breathtaking site to watch America’s oldest shuttle mounted atop a NASA jetliner as it circled its home base one final time.

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Power Balance Loses Balance, Files For Bankruptcy

November 23, 2011

By Terry Smiljanich:

Power Balance, the company that promises increased strength, flexibility and balance by wearing cheap plastic holograms on cheap rubber bracelets, has apparently lost its own balance, and has filed for Chapter 11 protections under bankruptcy law. Despite endorsements by famous professional athletes like Drew Brees and Shaquille O’Neal, claiming that the product really works for them, and despite entire sports arenas being named after the product, it seems there was always a bit of a problem with presenting any scientific evidence for any of these suspicious claims.

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Shedding Some Light On Congress

September 6, 2011

This past summer we witnessed a true exercise in nonsense by our hard working members of Congress. While our nation drifted toward potential default on the federal debt, the House of Representatives struggled to overturn a Republican sponsored, bipartisan law enacted in 2007 and signed by President Bush, which mandated increased energy saving standards for the common light bulb. In four short years, the energy conservation law went from being a good idea Republicans and Democrats could embrace to becoming a Tea Party example of unwarranted government intrusion into our lives.

Thus, Representative Joe Barton (R., Texas) this year introduced the Better Use of Light Bulbs (BULB, get it?) Act, repealing any such energy efficiency standards, on the grounds that the former Act “bans” normal light bulbs and requires use of CFL’s (Compact Fluorescent Lights), those spiral shaped bulbs we’re seeing more and more often.

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“None of the Above” – Getting America Out of a Two Party Stalemate

August 31, 2011

By Terry Smiljanich:

It comes as no surprise that the latest polls show Congress’s approval rating at an all time low of 14%. If we disapprove of the job Congress is doing, why do we keep voting incumbents back into office, as we do year in and year out?

Our Two Party System

A big part of the problem with our system is the two party politics that have infected this country from almost its beginning. Come national election day, no matter what the issues are or what we think about them, we are always faced with the same three choices: vote for the Republican nominee, vote for the Democratic nominee, or stay home. This is the case despite the fact that the Constitution makes no mention of political parties, two or otherwise. Only our first President George Washington, however, was elected without an affiliation with one of two major parties.

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