Investigations You Need to Read: Friday

by Ryan Knutson
ProPublica, May 14, 2010, 12:30 p.m.

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Your Friday dose of accountability news:

Bloomberg tracked dollars around the world to show how companies avoid paying billions in taxes through a method known as “transfer pricing.”
The New York Times reports that federal regulators skirted permit requirements when allowing BP and other companies to drill in the Gulf of Mexico.
In Texas, a stimulus program to weatherize homes has been executed so poorly that 60 percent of the projects need to be redone, according to the Texas Watchdog.
More people in the military are being hospitalized for mental disorders than for injuries, according to the USA Today. Last month was the first time that has occurred in the 15 years since tracking such data began.
The Securities and Exchange Commission is eyeing another part of Wall Street, reports The Wall Street Journal. This time, it’s looking at banks that sold municipal bonds yet set themselves up to profit from their failure ($).

These stories are part of our ongoing roundup of investigations from other news outlets. For more, visit our Investigations Elsewhere page.