As journalists descend on Sochi for the most corrupt Olympics in history, they're discovering the region's Potemkin hospitality industry. The hotels that were meant to billet them while they reported on the games are half-built, unbuilt, falling to bits: but at least they've had their portraits of Vladimir Putin installed. Slave labor just isn't what it used to be.
Amid continued debate over whether or not Sochi is prepared to host the 2014 Olympics, which begins Thursday, reporters from around the world are starting to check into local hotels — to their apparent grief. Some journalists arriving in Sochi are describing appalling conditions in the housing there, where only six of nine media hotels are ready for guests. Hotels are still under construction. Water, if it’s running, isn’t drinkable. One German photographer told the AP over the weekend that his hotel still had stray dogs and construction workers wandering in and out of rooms.
Journalists at Sochi are live-tweeting their hilarious and gross hotel experiences
[Caitlin Dewey/Washington Post]
(via Super Punch)
Since 2009, the Chicago Police Department has seized $72M worth of property from people who were not convicted of any crime, through the discredited civil forfeiture process, keeping $48M worth of the gains (the rest went to the Cook County prosecutor’s office and the Illinois State Police) in an off-the-books, unreported slush fund that it […]
Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread across America’s banks, and they spread further than that, because the system is rigged to reward financial crime.
Yesterday, Wells Fargo CEO John Stumpf announced his “early retirement” from the scandal-haunted company, with the CEO seat being filled by former COO Tim Sloan.
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