Wikileaks Next Target: "A Big US Bank"

Honest distributor of leaked data or a clever PsyOps front, one can not deny that whatever it is, Wikileaks does share some unique information with the world (as to how it is interpreted is a different story). Yet for the most part, the bulk of the organization's recent exposures have focused on the US military and away from the private sector, and thus away from that which is really important in today's world: money (of a paper representation thereof). Which is we read with interest in the latest Julian Assange interview with Forbes' Andy Greenberg that next on the docket of Wikileaks disclosure is not some facebooky look into the gossip world of international espionage or the foreign service, but something far more tangible and relevant: "A Big US Bank."

From the interview:

These megaleaks, as you call them that, we haven’t seen any of those from the private sector.

No, not at the same scale for the military.

Will we?

Yes. We have one related to a bank coming up, that’s a megaleak. It’s not as big a scale as the Iraq material, but it’s either tens or hundreds of thousands of documents depending on how you define it.

Is it a U.S. bank?

Yes, it’s a U.S. bank.

One that still exists?
Yes, a big U.S. bank.

The biggest U.S. bank?

No comment.

When will it happen?

Early next year. I won’t say more.

One needs to ask whether this is what we need: after all the US public already has enough public data to convict the executives of all the banks for numerous consecutive life sentences as is. It almost seems that nothing short of photographic evidence of some very (in)famous bank CEOs have underage sex while filming snuff movies, dressed in drag, killing puppies and recording their market manipulation conversations with Brian Sack will even rattle the Rip van Winkle formerly known as Eric Holder. But then again, we can hope...

As for Assange's reason for coming to public with the bank exposition:

What do you want to be the result of this release?

[Pauses] I’m not sure.

It will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms, I presume. Usually when you get leaks at this level, it’s about one particular case or one particular violation.

For this, there’s only one similar example. It’s like the Enron emails. Why were these so valuable? When Enron collapsed, through court processes, thousands and thousands of emails came out that were internal, and it provided a window into how the whole company was managed. It was all the little decisions that supported the flagrant violations.

This will be like that. Yes, there will be some flagrant violations, unethical practices that will be revealed, but it will also be all the supporting decision-making structures and the internal executive ethos that cames out, and that’s tremendously valuable. Like the Iraq War Logs, yes there were mass casualty incidents that were very newsworthy, but the great value is seeing the full spectrum of the war.

You could call it the ecosystem of corruption. But it’s also all the regular decision making that turns a blind eye to and supports unethical practices: the oversight that’s not done, the priorities of executives, how they think they’re fulfilling their own self-interest. But it’s also all the regular decision making that turns a blind eye to and supports unethical practices: the oversight that’s not done, the priorities of executives, how they think they’re fulfilling their own self-interest. The way they talk about it.

While we refuse to pass judgment on Assange's character, and his motivations, it appears that he may have finally figured out that to enact change in a country, you have to go not after the politicians or even the military industrial complex. After all both of those are puppets for the moneyed interests. One has to go after the very heart of the financial oligarchy. Money always has made the world go round, never more so than in the US currently. Perhaps Assange can redeem himself of all attacks on his persona if he does succeed in disclosing something that is beyond mere watercooler talk and actually leads to at least one major prosecution. After all, the US' own regulatory and enforcement mechanisms are corrupt beyond repair, and completely unable to do so on their own...

(and yes, we certainly hope it is not Lehman Brothers, although the bank in question is most certainly going to get the Lehman treatment. The question is who will benefit from this disclosure, and now that Goldman's FICC desk is no longer the gold mine it used to be, there are some suggestions)

Comments

[Croesus]

A lot of different countries have had their hands in the USA's pie for a long time, so it could be just about anybody.

I definitely agree that it's a propaganda exercise to be used as a pretext for a war, so regardless of who Assange belongs to, the outcome is predictable.

[No More Bubbles]

Why not just release the fucking info NOW??????

And why is it just one bank?  They are all rotten to the core.  Unless of course he's referring to the biggest scam of all -

THE FEDERAL RESERVE "BANK"!

[Jasper M]

If Reggie Middleton is right, and he has been for some time, sinking one will kill All the banks on that list.

Most of these banks have derivative exposure much, Much greater than their capital. And excuse the caps but THRY HAVE IT (mostly )WITH EACH OTHER. So kill one, and kill all. 

[Lord Welligton]

In a nutshell.

It is the endless game of printing more and more derivatives.

China knows this.

[Atomizer]

Its more than China, exposure is at all levels of the international communities.

Sadly, the bankers underestimated the Internet. As a result, the banker fears may cause pre-mediated terrorism plot amongst the general public.

Media outlets will be told a country, nationality, religion to point blame. Funded by the central banks, all bank funded reporters will read from the same Teleprompter/Script to maintain civil control.

[Lord Welligton]

I think I do not disagree that "Media outlets will be told".

In fact I am almost certain that that is and will continue to be the case.

"Its more than China, exposure is at all levels of the international communities."

Perhaps it might be more correct to say that it is not less than China.

Or indeed "no less than China".

I remain unconvinced that that amount of information is in the public domain without sanction.

The word you are looking for is War.

[Atomizer]

My Dear Lord,

We live in multiple theater wars today. How many more wars do we need to raise the unemployment levels?

A Perfect Circle - Counting Bodies Like Sheep

http://www.youtube.com/watch?v=g9AxVoG04ng

[Lord Welligton]

"We live in multiple theater wars today."

Have we not always?

[eulogy]

anyone consider that it might be WFG. There never seems to be any sort of coverage of that one.

[ChevronSky]

Doesn't Wells Fargo, a/k/a Buffett's piggybank, get a spot in the line?

[Milton Waddams]

Not to be out done, The Bernank is scheduled to try out his version of leaking information on Wednesday.

http://www.federalreserve.gov/monetarypolicy/bst_reports.htm

On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") was signed into law. The Dodd-Frank Act includes changes that are designed to promote transparency while protecting monetary policy independence and the efficacy of the Federal Reserve’s liquidity programs and open market operations (OMOs). For example:

* The Federal Reserve must disclose certain information, by December 1, 2010, about entities that received loans or other financial assistance under a Section 13(3) credit facility between December 1, 2007, and July 21, 2010. This information includes:
o The identity of the entities provided financial assistance under the facility;
o The type of financial assistance provided;
o The value or amount of the assistance;
o The date on which the assistance was provided;
o The specific terms of any repayment expected, including the repayment time period, interest charges, collateral, limitations on executive compensation or dividends, and other material terms; and

o The specific rationale for the facility.
* Disclosure is also required for persons or entities that participated in the agency MBS purchase program, used foreign currency liquidity swap lines, or borrowed through the Term Auction Facility (TAF) during that time frame.

* The Dodd-Frank Act also establishes a framework for the delayed disclosure of information on entities that, after July 21, 2010, received a loan from the discount window under Section 10B of the Federal Reserve Act or from a Section 13(3) facility, or participated in OMO transactions. Generally, this framework requires the Federal Reserve to publicly disclose certain information about these discount window borrowers and OMO counterparties approximately two years after the relevant loan or transaction; information about borrowers under future Section 13(3) facilities will be disclosed one year after the authorization for the facility is terminated.

The Federal Reserve plans to implement these new disclosure requirements in a timely and effective manner.

[GoinFawr]

Bah, this was all covered years ago in

http://en.wikipedia.org/wiki/Liar's_Poker

Albeit from a bond salesman's perspective.

[CitizenPete]

Just reading the comments in response to this post has to warm your soul ... you can feel the love pouring out for the banks (like hollow points spitting from a Mack 10).

I want a JP Morgan leak for Christmas,

only a JP Morgan leak will do..

Don't want a doll,

no dinky Tinker Toy

I want a JP Morgan leak to play with and enjoy

I want a JP Morgan leak for Christmas

I don't think Santa Claus will mind, do you?

He won't have to use our dirty chimney flue

Just bring it through the front door, that's the easy thing to do .. etc.

http://www.links2love.com/christmas-songs-hippopotamus.htm

Regarding the PsyOps questions surrounding WikiLeaks, I would have to agree something does not sound right. All the operations Mossad is into in so many countries, and all the wheeling and dealing the Israeli government is into (like selling nukes to the South Africans) and hardly anything at all leaked about them.

Separating the latest Wikileak crescendo out into a few basic cords would still enable a chorus to sing a Neocon Zionist harmony in regards to Iran. It just doesn't sound right from the balcony. I'm sticking with Noam Chomsky on Iran.

[Fraud-Esq]

Nothing on the PKK. 

Nothing on Cast Lead except something on Egypt!? 

99% of the big ME story is missing, except the part making Egypt look complicit?

Bizarre.....

Yet, for the most wanted man in the world, can't even find a news story identifying his father and step-father by NAME and only one identifying his mother by name?

From this balcony....something is off. We knew Oswald's life history in 24 hours. They've had years lead time on this guy, but nothing revealing names of his family? One strange interview with the mom (who saved him from a famous cult) in a major AU city?

come on....

I need convincing this guy is not selectively distributing information for his biggest clients.

[cosmictrainwreck]

you approach from an interesting angle; Lord Wellington would say not so much his "clients" as his boss, i.e. he's a Chinese asset. Its a persuasive argument....

[Croesus]

.. .

[Lord Welligton]

-.-- . ...

[Croesus]

.-.. -- ..-. .- ---

[TheGoodDoctor]

Could this be why Max Keiser is so certain on $500 silver?

[Fraud-Esq]

Only one nation is celebrating today. 

I can't BELIEVE what's missing from this info-dump. I'm not saying Wiki is not as it appears, but I'm not saying it is, either. 

Unless they can explain WHY major events within their timeline are MISSING, I will start thinking certain groups are being served exclusively.  

[bigdad06]

Hopefully it will be JP Morgan! Crash JP Morgan buy silver! http://www.youtube.com/watch?v=ZaBDmjMFRiw

[Atomizer]

Don't get caught up with the divide and conquer senerio. Very powerful people use this to divide, once the race card no longer works.

Use your common sense. Your being thrown alot of data on a daily basis. Control is used to place you into the weakest camp for further dependence.

[the grateful un...]

They release a few salacious diplomatic comments to get your mind off bigger matters. So Tyler suggests Assange is some sort of White Knight who can joust anywhere he pleases, which supports the supposition that the whole thing is theater for the masses. Is he prescient on Hollywood gossip as well? Sure he might be, if his initials were CIA, or FBI.

[Seer]

And what of Daniel Ellsberg?  Was he "allowed" to leak too?

Not that I'm betting the farm on it, but is it not possible for a true rogue to exist?

Assange is a lot like Ellsberg, in the being out in the light of day provides a bit of protection from the vampires...  Imagine him being taken in for "treason," imagine the court proceedings for That!  The govt wouldn't stand a chance, and they know it!  The amount of dirty laundry being drug out would be a certain death knell for TBTB.  All that TPTB can hope for, as they have already been doing, is buying time, hoping the masses' short memories will pass along to someting else (as other suggest, War anyone?).

[Shylockracy]

Ellsberg is such a hero for hopium liberals. Perish the thought they might discover the Pentagon Papers were the CIA drug branch telling the military to mind their own business.

Check Ellsberg, Charles Pasqua, Sarkozy and the French Connection (the original, whence the movie took its name). Google is your friend, but you can start here:

Will the Real Daniel Ellsberg Please Stand Up!

http://www.counterpunch.org/valentine03082003.html

[Widowmaker]

First the race cards, then the fag cards, and the rest of the deck is national security fraud cards.

Nothing divides like fear.

[E_pluribus_unum]

Love the Bell link. I'm inclined to think that this is an op.

Not really damaging at all.

The Rat still stinks like death, misery, and deception. Another good point I've noticed brought up is that little to none of these 'revelations' have so far revealed anything at all. We all knew this.

Hopefully we all also know that we are not posting these comments in secret?

We might so far be given a bit of space. But I'm sensing ( yeah, I get the load with that term), That it is terrifyingly obvious that the Elite are remarkably inept and clearly will need to eliminate significant numbers of 'dissenters/terrorist'.

Oh, well. I got born for somthin, right?

[DeltaDawn]

Glenn Beck did a segment tonight linking Soros and Wikileaks. There is a master chess player behind all this. Just part of him collapsing the system. "from the top,from the bottom and inside out."

[the grateful un...]

Soros is working with Palin, Beck is to be pitied, not chastised. Wikileaks is probably a government disinformation agency. What else would you expect, in the waning days of a corrupt administration.

[Seer]

So, our problems are with This "corrupt administration?"  God, another party hack-like spouting...  One reason why I believe that it's a certainty that all this shit is going to crash down...

[Widowmaker]

An often over used quip, but "the truth will set you free."

Fuck the banks.  Fuck all of the lies, cheating and stealing from top to bottom, inside to out.

I hope it completely decimates TBTF into the pile of fraud and giveaways to organized criminals it really is.  Fuck them too.

If you have secrets about "big business" [rotten to the core] I suggest that one submit their perspectives for exposure too.

What is going to happen is snowballing, where one person "should" have said something but didn't and gets drug into it.  Fuck the spineless self-preservation behind such witholdings, and the people that don't deserve a job because they have no integrity and moral spine-- the same people pushing for more "guilty until proven innocent" security scans for the common man to protect their lies and fraud.

[Whore_of_Babylon]

Oh, come off it guys, you know Julian is just posting this crap from his basement hoping Robo will be all impressed and shit and give him a 'job.

[cosmictrainwreck]

what kinda "job"?

[williambanzai7]

I think this guy should publish everything he has pronto! They are after him...

[Croesus]

Mr. Banzai: First off, kudos on your awesome PS work!

What you said here, is precisely why I believe he's an intel asset -

"They are after him". . . . so how come the press can find what the intelligence agencies can't?

He seems to trapse all over Europe. . . . . for a hunted man, it's amazing that nodody in airport security seems to be able to ID him; it's not like his face has been plastered all over the place, or anything </sarc>

I'll start believing Wikileaks is something other than a psy-ops operation, when I see some really big names getting arrested, and put on trial.

[SmittyinLA]

Part of their gig could be threaten release then NOT in exchange for "donations" or better for yet inside information or other leverage which could be far more valuable. 

[fallst]

"What became of heroes?

Now it's ones and zeros."

Michael Franks

[Byte Me]

Why do we have to wait until next year?

[dan22]

http://www.youtube.com/watch?v=Yjr7NtntWeQ

[the not so migh...]

I hope there are naked pictures this time. JP Morgon gals doing the nasty with oil shieks or something.

[samsara]

Something to think about from this morning's UrbanSurvival

<snip>

WikiLeaks:  A Path to Seize the 'Net

I don't usually start off a morning report with a reader note, but this one is just too important to pass by unshared:

"George, In listening to Senator Claire McCaskill, (D), Missouri, who sits on the Armed Services and Homeland Security committees, being interviewed by Chris Mathews on Hardball, MSNBC, it appeared to me that the WikiLeaks dump will be used to choke down the Internet.

I tried to Google and Bing the interview, and also to find the segment on the Hardball website but could not locate it anywhere. So, I watched it again. In response to Mathews, McCaskill said "...the question is, what jurisdiction do we have over the Internet if this information is being published on the Internet in other countries, what jurisdiction do we have? And, I don't think our laws have caught up to that technology, in that regard. But, I do know that there are laws about the hacker, and I know that Senator Ensign and Senator Web are working on some legislation, as we speak, to update some of the statutes as to make sure it covers human intelligence and not just the kind that's written up." -- Hardball, MSNBC, November 29, 2010

Sure enough, with Wikileaks occupying the top half of the Drudge Report (Which headlines Snoop, Spy, Spin at the moment)  and other media, we have to wonder if this isn't indeed some kind of a setup to 'net controls' which we have often previously alluded to? 

http://72.52.163.140/week.htm

[jmc8888]

Now this would be pertinent.

Who would benefit? That is a good question.  This could bring the banking sector down, but at some point, once they grab what they can get away with, maybe that's the plan? Who knows.  You can never underestimate why the info flow is how it is.  Example, the so called most left leaning liberal senator in the senate, is nothing more than a fascist corporate bankster whore.  Then in addition you especially consider if you read the new newsflavor article about the media being in the tank for this fascist senator, now for the moment known as Barack the 'small cock' NerObama.

Anyways, no doubt we'll hear cries that this stuff is 'insider trading' on the banks knowledge somehow from some dipshit, and hopefully this really will be a shot across the bow of Eric Holder to wake up and pull the shit stained shorts from his ass.

[Go4er]

From earlier posts, it was asked why he was waiting till next year... 

Could it be so the 112th Congress can address the fall-out versus the lame ducks now?

[Hephasteus]

Yup yahoo is rubbing wikileaks nuts last 3 days. Wikileaks is officially a bullshit operation.

[moldygoat]

Wikileaks Next Document Drop Will Probably Target Bank Of America didn't someone just buy 500,000+ shares of Citi? just sayin'

[jedimarkus]

BAC is the talk.... with it was FED

http://dealbook.nytimes.com/2010/11/30/wikileaks-next-target-bank-of-ame...