Articles by Lee Fang

We found 18 results.


Lyft and Other Gig-Economy Giants Cash In with IPOs Before Labor Laws Catch Up with Them
Lee Fang – The Intercept, 8 Apr 2019

1 Apr 2019 – Gig-economy companies Lyft, Uber, and Postmates are racing to file IPOs this year, a mad dash replete with ever-increasing multibillion-dollar valuations. But is the rush to start trading on the public markets also a sprint to evade compliance with current labor law? Recent financial and lobbyist filings suggest that the gig-economy giants are hoping to get ahead of a wave of enforcement actions, new legislation, regulatory requirements, and lawsuits that could force these companies to finally and formally classify full-time workers as employees.

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American Executives: Election of Far-Right Jair Bolsonaro in Brazil Is a “Bullish Opportunity for Us”
Zaid Jilani and Lee Fang – The Intercept, 29 Oct 2018

25 Oct 2018 – Financial markets appear more than happy to overlook the authoritarian impulses and violent promises of Brazilian presidential candidate Jair Bolsonaro, hoping he will deliver decisive, pro-business economic policies. In a giddy investor call today, Timothy Hassinger, chief executive officer of Lindsay Corp., the Nebraska-based farming equipment manufacturer, referred to the far-right politician as “considered strongly as pro-ag,” calling his likely election victory a “bullish opportunity for us.”

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Animal Rights Activists Face Multiple Felony Charges, Brought by Prosecutors with Ties to Smithfield Foods
Glenn Greenwald, Lee Fang and Leighton Akio Woodhouse – The Intercept, 11 Jun 2018

7 Jun 2018 – Six animal rights activists have been charged with multiple felony counts in two separate criminal cases. Why are they, who took nothing of commercial value, facing prison terms? Because the law is being abused to intimidate and silence them.

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Sphere of Influence: How American Libertarians Are Remaking Latin American Politics
Lee Fang – The Intercept, 14 Aug 2017

9 Aug 2017 – The Atlas Network has spent decades building up libertarian institutions across Latin America. Now the work is paying off. The work to undermine left-wing social movements and governments in South and Central America, and boost a business-friendly version of libertarianism instead.

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Big Pharma Funds “Independent” Advocacy Groups Attacking Drug-Price Reduction Bill
Lee Fang – The Intercept, 17 Apr 2017

10 Apr 2017 – Advertisements from seemingly independent advocacy groups are swamping Beltway newspapers with dire warning that recent proposals to lower drug prices will lead to dangerous consequences. In the last week alone, the ads have appeared in the Washington Post, Washington Times, Roll Call, The Hill, and Politico.

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Pharma Company Funding Anti-Pot Fight Worried about Losing Business, Filings Show
Lee Fang – The Intercept, 19 Sep 2016

12 Sep 2016 – Pharmaceutical executives who recently made a major donation to an anti-marijuana legalization campaign claimed they were doing so out of concern for the safety of children — but their investor filings reveal that pot poses a direct threat to their plans to cash in on a synthetic cannabis product they have developed.

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Cable News Devotes 30 Seconds to Mass Arrests Protesting Political Corruption
Lee Fang and Zaid Jilani – The Intercept, 18 Apr 2016

The Democracy Spring, a protest to “end the corruption of big money in our politics” and “ensure free and fair elections,” on Monday [11 Apr] staged a nonviolent sit-in on Capitol Hill that resulted in over 400 arrests. CNN did not devote any coverage, MSNBC mentioned the protests for approximately 12 seconds, while Fox News mentioned the arrests and discussed the protests for about 17 seconds.

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Pro-TPP Op-Eds Remarkably Similar to Drafts by Foreign Government Lobbyists
Lee Fang – The Intercept, 11 Apr 2016

10 Apr 2016 – Opinion columns published in California newspapers over the last year in support of the Trans-Pacific Partnership use language nearly identical to drafts written and distributed by public relations professionals who were retained by the Japanese government to build U.S. support for the controversial trade agreement.

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Defense Industry Revenue Forecast Gushes over Global Turmoil
Lee Fang – The Intercept, 11 Jan 2016

9 Jan 2016 – According to a new report by the accounting firm Deloitte, “the resurgence of global security threats” promises a lucrative “rebound” in defense spending. The report alerts investors that “revenue growth” is “expected to take a positive turn” due to the terrorism and war in the Middle East and the tensions in Eastern Europe and the South China Sea.

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Private Prison Exec Waves Off Criminal Justice Reform, Predicts More Profits
Lee Fang – The Intercept, 28 Dec 2015

22 Dec 2015 – A senior executive with the second-largest for-profit prison company in America assured investment bankers last summer that despite talk of drug policy and criminal justice reform, the country will continue to “attract crime,” generating new “correctional needs.”

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Defense Contractors Laud Themselves for Steering Candidates toward Militarism
Lee Fang – The Intercept, 14 Dec 2015

11 Dec 2015 – A group formed this year by executives and lobbyists for the defense contracting industry is taking credit for “driving the national debate on foreign policy during the 2016 presidential election,” and in particular for getting Republican presidential candidates to call for escalating military action in Syria.

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Defense Contractors Cite “Benefits” of Escalating Conflicts in the Middle East
Lee Fang and Zaid Jilani – The Intercept, 7 Dec 2015

4 Dec 2015 – Major defense contractors Raytheon, Oshkosh, and Lockheed Martin assured investors at a Credit Suisse conference in West Palm Beach this week that they stand to gain from the escalating conflicts in the Middle East.

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Gun Industry Executives Say Mass Shootings Are Good for Business
Lee Fang – The Intercept, 7 Dec 2015

In investor transcripts obtained by The Intercept, gunmakers and retailers describe mass shootings — and the resulting political dynamics — as lucrative.

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Lockheed Martin, Boeing Rally around Saudi Arabia, Wave Off Humanitarian Concerns
Lee Fang – The Intercept, 26 Oct 2015

“Another significant irritant” Ronald L. Perrilloux Jr., an executive with Lockheed Martin said, “is the application of human rights laws” toward U.S. allies in the Middle East, including Saudi Arabia, Kuwait, and the United Arab Emirates.

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U.S. Institute of Peace’s Hawkish Chairman Wants Ukraine to Send Russians Back in Body Bags
Lee Fang – The Intercept, 3 Aug 2015

United States Institute of Peace chairman Stephen Hadley is a relentless hawk whose advocacy for greater military intervention often dovetails closely with the interests of Raytheon, a major defense contractor that pays him handsomely as a member of its board of directors.

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Emails Reveal Dairy Lobbyist Crafted “Ag-Gag” Legislation Outlawing Pictures of Farms
Lee Fang – The Intercept, 1 Jun 2015

28 May 2015 – Across the country, legislatures are responding to whistleblowers and activists who have exposed inhumane and at times unsanitary practices at farms by passing laws that criminalize the taking of photos or videos at agricultural facilities… But the groundwork was laid by Dan Steenson, a registered lobbyist for the Idaho Dairymen’s Association, a trade group for the industry.

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Big Bank’s Analyst Worries That Iran Deal Could Depress Weapons Sales
Lee Fang – The Intercept, 23 Mar 2015

Not to worry, replies Lockheed CEO, a deal really isn’t likely to happen anytime soon — and even if it does, there’s plenty of war to keep profits high.

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CISPA, aka SOPA 2.0, Pushed Forward by For-Profit Spying Lobby
Lee Fang – Republic Report, 23 Apr 2012

A cyber security bill moving swiftly through Congress would give government intelligence agencies broad powers to work with private companies to share information about Internet users.

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