Charles Lane
Charles is senior reporter focusing on special projects. He has won numerous awards including an IRE award, three SPJ Public Service Awards, a National Murrow, and he was a finalist for the Livingston Award for Young Journalists.
In 2020 he reported the podcast Everytown which uncovered the plot to evict a group of immigrants from the Hamptons. He also started WSHU’s C19 podcast. Previous projects include investigations into FEMA and continuing coverage of financial regulation.
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The Senate-passed bill sharply reduces the number of banks that have to go through annual "stress tests" to determine whether they could survive an economic downturn or financial crisis.
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The Department of Justice and 45 states allege that generic- drug makers colluded to divvy up customers and set prices. Prosecutors are now looking at potential involvement by drug distributors.
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Men between the ages of 18 and 34 have been a key demographic for marketers for years. That's starting to change, say some marketing experts, who say the economic fortunes of these men have declined.
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The National Flood Insurance Program has received more than 80,000 claims so far from Hurricane Harvey. Each of these properties will need an inspection. Some inspectors have little training and work in a system that rewards them for doing the inspections as quickly as possible.
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To work all the expected flood claims, insurance companies will rely on hundreds of small processing companies. Some worry that inexperienced claims adjusters will do more harm than good.
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The man who caused a firestorm of criticism after he bought a small pharmaceutical company and jacked up the price of a life-saving drug was found guilty Friday of securities fraud. Martin Shkreli was convicted on three of the eight fraud charges he faced and could be sentenced to a prison term of as much as 20 years.
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New Jersey's bid to offer legalized sports betting is going to the Supreme Court. The state wants to allow legal sports betting in its casinos and racetracks, but major league sports are united in their opposition.
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Opponents of Venezuelan President Nicolas Maduro are accusing Goldman Sachs of propping up the Maduro government with its recent purchase of Venezuelan bonds. Goldman bought the bonds at a steep discount and stands to make a lot of money if the country stabilizes. But it's not clear the money Venezuela received will ease food and medicine shortages.
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Many years have passed since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants are stable now, but nine years later there is still the question of how to get these companies out of conservatorship and on their own again.
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House Republicans hold a hearing Wednesday on a plan to rewrite Dodd-Frank, the law put in place after the 2008 financial crisis. The Republican plan is known as the Financial Choice Act.