Laura Sullivan

The Federal Emergency Management Agency failed to properly prepare for last year's hurricane season and was unable to provide adequate support to hurricane victims in Puerto Rico and other areas, an internal report released by the agency concluded.

Updated at 5:50 p.m. ET

A month after Hurricane Maria hit Puerto Rico, Army Lt. Gen. Jeffrey Buchanan stepped off a helicopter in the town of Ceiba with a mission: Get relief supplies to people in need.

He and FEMA's regional administrator, Thomas Von Essen, told the town's mayor and other mayors from across the island that generators, plastic roofs and tarps would be there within days.

"There are 50,000 more blue tarps coming in over the next week," Buchanan said. "So these will all get pushed to all the mayors."

Before Hurricane Maria hit last September, Puerto Rico was battered by the forces of another storm — a financial storm.

The island's own government borrowed billions of dollars to pay its bills, a practice that Puerto Rico's current governor, Ricardo Rosselló, now calls "a big Ponzi scheme."

But it didn't fall into financial ruin all on its own: Wall Street kept pushing the Puerto Rican government's loans even as the island teetered on default, with a zeal that bank insiders are now describing with words like "unethical" and "immoral."

This story was reported in partnership with PBS Frontline's podcast, The Frontline Dispatch. You can listen to the extended podcast version of the story here.

Pearlie Mae Brown's wooden house is listing a little. The screen door is broken, and another screen door is nailed sideways over a window.

An $8 billion federal program to build housing for the poor is so lacking oversight that virtually no one in government knows how it is working, a government auditor testified before Congress today.

"IRS and no one else in the federal government really has an idea of what's going on," said Daniel Garcia-Diaz, an auditor with the Government Accountability Office while testifying before the U.S. Senate Committee on Finance. "These are basic accountability requirements we would expect of any program, especially one as important as this one."

On the south side of Dallas, Nena Eldridge lives in a sparse but spotless bungalow on a dusty lot. At $550 each month, her rent is just about the cheapest she could find in the city.

After an injury left her unable to work, the only income she receives is a $780 monthly disability check. So she has to make tough financial choices, like living without running water.

A new report by the New York attorney general's office finds that a lack of accountability in the nation's flood insurance program is costing taxpayers millions. The office also announced 50 felony charges against an engineering firm for allegedly writing fraudulent reports in the aftermath of Superstorm Sandy.

The American Red Cross spent a quarter of the money people donated after the 2010 Haiti earthquake — or almost $125 million — on its own internal expenses, far more than the charity previously had disclosed, according to a report released Thursday by Iowa Sen. Chuck Grassley.

The report also says the charity's top officials stonewalled congressional investigators and released incomplete information about its Haiti program to the public. It concludes "there are substantial and fundamental concerns about [the Red Cross] as an organization."

This story is Part 1 of a two-part series. See our second piece about local recovery programs that are struggling to help homeowners here.

On a cold rainy day last fall, dozens of people gathered in a plaza across the street from New Jersey's state Capitol. They held press conferences and slept overnight in lawn chairs.

The American Red Cross, which has often boasted of its transparency, attempted last year to halt a congressional inquiry into its disaster relief work, according to a private letter Red Cross CEO Gail McGovern wrote to Rep. Bennie Thompson.

The American Red Cross is under pressure this week to answer detailed questions from Congress about how it spent the nearly half-billion dollars it raised after the 2010 earthquake in Haiti.

Some of those answers might be difficult to come by. New documents obtained by NPR and ProPublica reveal that the Red Cross may not have an accurate accounting of how all the money was spent.

When a devastating earthquake leveled Haiti in 2010, millions of people donated to the American Red Cross. The charity raised almost half a billion dollars. It was one of its most successful fundraising efforts ever.

The American Red Cross vowed to help Haitians rebuild, but after five years the Red Cross' legacy in Haiti is not new roads, or schools, or hundreds of new homes. It's difficult to know where all the money went.

South Carolina Gov. Nikki Haley starts her second term today. But absent from the inaugural ceremony will be a long-standing tradition: a poem read by the state's poet laureate.

State officials say they cut the two-minute poem for time, but some residents suspect it was the mention of slavery that got it tossed.

Poet Laureate Marjory Wentworth has written poems for South Carolina's past three inaugurations. She describes those efforts as "safe."

The poems leaned heavily on nature and animals.

The American Red Cross's CEO, Gail McGovern, has spelled out the organization's promise to donors repeatedly in recent years.

"Ninety-one cents of every dollar that's donated goes to our services," McGovern said in a speech at Johns Hopkins University last year. "That's world class obviously."