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Mostly conjecture. There are people who talk about it, but they're independents who are usually tarred as "conspiracy nuts."

Example: http://www.madcowprod.com/

It's not the way the media portrays them that causes me to be skeptical, but the fact that they're so small and independent. Investigation is hard, and good investigative journalism with proper vetting of all sources costs a lot of money. It is very easy to be misled by misinformation or by kooks with an agenda. On the flip side, a good way to keep something quiet from investigative journalists is to spread a lot of phony BS, wait, and then point out that it's phony in order to discredit them.

For example, Daniel Hopsicker of the above link believed and perpetuated the "Mohammed Atta's American Girlfriend" story. I strongly suspect this story was BS and that he was misled by a stripper with psychological issues.

But he does have some good and verifiable information on the intersection between drugs and high-level corruption, and he did uncover some links to the 9/11 highjackers that point to similar corruption. His work on drug planes and their ownership is very interesting, and those kinds of things are easier for an independent to vet.



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