204.3 - Everything You Need to Know: about why we can't stop corporate corruption

Everything You Need to Know: about why we can't stop corporate corruption

Now for one of our occasional features. This one is called Everything You Need to Know and it's where you can learn a great deal about something in a very short time.

In this case, it's Everything You Need to Know about why we can't seem to stop corporate corruption in just two sentences

1. On May 12, the FCC fined Verizon $90 million for allowing, and profiting from, "cramming," a corrupt practice in the mobile phone industry where third-party vendors "cram" charges into consumers' phone bills for services those consumers didn't buy.

2. On the same day, Verizon announced it was spending nearly 50 times that much - $4.4 billion - to purchase AOL.

And that is Everything You Need to Know.

Sources cited in links:
http://techcrunch.com/2015/05/12/verizon-will-pay-90m-fcc-settlement-relating-to-bill-cramming/?ncid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29
https://www.fcc.gov/document/verizon-sprint-pay-158m-settle-illegal-billing-investigations-0
http://www.reuters.com/article/2015/05/12/us-aol-m-a-verizon-commn-idUSKBN0NX18820150512