Monday 18 February 2013

news articals about businees


Revealed: how the FBI coordinated the crackdown on Occupy
2012-12-29, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/dec/29/fbi-coordinated-crackdown...
New documents prove what was once dismissed as paranoid fantasy: totally integrated corporate-state repression of dissent. It was more sophisticated than we had imagined: new documents show that the violent crackdown on Occupy last fall – so mystifying at the time – was not just coordinated at the level of the FBI, the Department of Homeland Security, and local police. The crackdown, which involved, as you may recall, violent arrests, group disruption, canister missiles to the skulls of protesters, people held in handcuffs so tight they were injured, people held in bondage till they were forced to wet or soil themselves – was coordinated with the big banks themselves. The Partnership for Civil Justice Fund, in a groundbreaking scoop that should once more shame major US media outlets (why are nonprofits now some of the only entities in America left breaking major civil liberties news?), filed this request. The document – reproduced here in an easily searchable format – showsa terrifying network of coordinated DHS, FBI, police, regional fusion center, and private-sector activity so completely merged into one another that the monstrous whole is, in fact, one entity: in some cases, bearing a single name, the Domestic Security Alliance Council. And it reveals this merged entity to have one centrally planned, locally executed mission. The documents, in short, show the cops and DHS working for and with banks to target, arrest, and politically disable peaceful American citizens.
Note: For analysis of these amazing documents revealing the use of joint government and corporate counterterrorism structures against peaceful protestors of financial corruption, click here and here. For a Democracy Now! video segment on this, click here.


Jimmy Savile abuse: Number of alleged victims reaches 450
2012-12-12, BBC News
http://www.bbc.co.uk/news/uk-20697738
Police have confirmed that the number of alleged sex abuse victims of the late Jimmy Savile has reached 450. 589 alleged victims have come forward during their investigation of offences committed by Savile and others. Of the alleged victims, 82% were female and 80% were children or young people. The level of allegations against Savile - 450 in total - is unprecedented - never before have police received that number of allegations against a single person. Meanwhile, police have set up Operation Fairbank to investigate allegations by Labour MP Tom Watson of a paedophile ring in high places. Mr Watson said in October that police should investigate claims of a "powerful paedophile ring" linked to a previous prime minister's "senior adviser" and Parliament. Police have a total of 20 suspects whom they wish to interview. They have interviewed seven people in total - six of whom were arrested. Police are looking at three strands within their inquiry - claims against Savile, those against Savile and others, and those against others only. High-profile names arrested in connection with the investigation are PR consultant Max Clifford, comedian Freddie Starr, DJ Dave Lee Travis and former TV producer Wilfred De'Ath, who all deny any wrongdoing. Gary Glitter, who was also arrested, has not yet made a statement.
Note: WantToKnow.info has presented evidence of "a paedophile ring in high places" for years. If you want to know how pervasive this is, you must watch the banned Discovery Channel documentary "Conspiracy of Silence" at this link. Thankfully the word is slowly getting out. For deeply revealing reports from reliable major media sources on sexual abuse scandals, click here.


HSBC, too big to jail, is the new poster child for US two-tiered justice system
2012-12-12, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/dec/12/hsbc-prosecution-fine-mon...
The US is the world's largest prison state, imprisoning more of its citizens than any nation on earth,both in absolute numbers and proportionally. It imprisons people for longer periods of time, more mercilessly, and for more trivial transgressions than any nation in the west. This sprawling penal state has been constructed over decades, by both political parties, and it punishes the poor and racial minorities at overwhelmingly disproportionate rates. But not everyone is subjected to that system of penal harshness. It all changes radically when the nation's most powerful actors are caught breaking the law. With few exceptions, they are gifted not merely with leniency, but full-scale immunity from criminal punishment. Thus have the most egregious crimes of the last decade been fully shielded from prosecution when committed by those with the greatest political and economic power: the construction of a worldwide torture regime, spying on Americans' communications without the warrants required by criminal law by government agencies and the telecom industry, an aggressive war launched on false pretenses, and massive, systemic financial fraud in the banking and credit industry that triggered the 2008 financial crisis. This two-tiered justice system was the subject of [the] book, With Liberty and Justice for Some. On Tuesday, not only did the US Justice Department announce that HSBC would not be criminally prosecuted, but outright claimed that the reason is that they are too important, too instrumental to subject them to such disruptions.
Note: For deeply revealing reports from reliable major media sources on government corruption, click here.


Cleveland anarchist bomb plot aided and abetted by the FBI
2012-11-28, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/nov/28/cleveland-anarchist-bomb-...
On 20 November, district court Judge David D Dowd Jr sentenced three anarchists with the Occupy Cleveland movement to prison terms ranging from 8 to 11.5 years for attempting to bomb a highway bridge last spring. Shaquille Azir, a paid FBI informant with a 20-year criminal record, facilitated every step in the plot. Azir molded the five's childish bravado and drunken fantasies into terrorism. He played father figure to the lost men, providing them with jobs, housing, beer and drugs. Every time the scheme threatened to collapse into gutterpunk chaos, he kept it on track. FBI tapes reveal Azir led the brainstorming of targets, showed them bridges to case out, pushed them to buy C-4 military-grade explosives, provided the contact for weapons, gave them money for the explosives and demanded they develop a plan because "we on the hook" for the weapons. This case could have put on trial the post-September 11 strategy of "preventative prosecution", in which the FBI dispatches provocateurs to infiltrate targeted religious and political groups to see what they can stir up. Anarchists are inherently suspect. A recent FBI document calls anarchists "criminals seeking an ideology to justify their activities." Pardiss Kebriaei, a senior attorney specializing in national security at theCenter for Constitutional Rights, claims standard operating procedure in terror cases "starts with surveillance and profiling on the basis of religion, politics and national origin". She notes parallels between the Cleveland anarchists and the "Newburgh Four", named for the upstate New York town in which the plot was hatched.
Note: For information on how to contact Brandon Baxter, Joshua Stafford, Connor Stevens and Douglas Wright, see cleveland4solidarity.org. For the Newburgh Four, see projectsalam.org For deeply revealing reports from reliable major media sources on entrapment operations and other manipulations by the FBI and intelligence agencies, click here.


Goldman Sachs' Global Coup D'etat
2012-11-27, Truthout
http://truth-out.org/opinion/item/12996-goldman-sachs-global-coup-de-tat.html
When the people of Greece saw their democratically elected Prime Minister George Papandreou forced out of office in November of 2011 and replaced by an unelected Conservative technocrat, Lucas Papademos, most were unaware of the bigger picture of what was happening. Most of us in the United States were [equally] ignorant when, in 2008, [Congress] voted “yes” at the behest of Bush's Treasury Secretary Henry Paulsen and jammed through the biggest bailout of Wall Street in our nation’s history. But now, as the Bank of England ... announces that former investment banker Mark Carney will be its new chief, we can’t afford to ignore what’s happening around the world. Steadily – and stealthily – Goldman Sachs is carrying out a global coup d’etat. There’s one tie that binds Lucas Papademos in Greece, Henry Paulsen [and Timothy Geithner] in the United States, and Mark Carney in the U.K., and that’s Goldman Sachs. All were former bankers and executives at the Wall Street giant, all assumed prominent positions of power, and all played a hand after the global financial meltdown of 2007-08, thus making sure Goldman Sachs weathered the storm and made significant profits in the process. As Europe descends [into] economic crisis, Goldman Sachs's people are managing the demise of the continent. As the British newspaper The Independent reported earlier this year, the Conservative technocrats currently steering or who have steered post-crash fiscal policy in Greece, Germany, Italy, Belgium, France, and now the UK, all hail from Goldman Sachs. In fact, the head of the European Central Bank itself, Mario Draghi, was the former managing director of Goldman Sachs International.
Note: Once again truth-out.org carries this important article and vital information which no major media has covered. Strangely, the entire website went down for a while not long after the article was published. If the article cannot be found at the link above, click here. For deeply revealing reports from reliable major media sources on financial corruption, click here.


Anonymous, Karl Rove and 2012 Election Fix?
2012-11-19, Truthout
http://truth-out.org/news/item/12845-anonymous-karl-rove-and-2012-election-fix
At around 11:25 pm EST on election night, Karl Rove knew something had gone terribly wrong. Minutes earlier, Fox News called the key battleground state of Ohio for President Obama, sealing his re-election. But as the network took live shots of jubilant Obama supporters camped outside the Obama re-election headquarters in Chicago celebrating their victory, Karl Rove began building a case against the call his employer network had just made. Rove explained that when Fox called Ohio, only 74% of the vote was in, showing President Obama with a lead of roughly 30,000 votes. But, as Rove contended, with 77% reporting according to the Ohio Secretary of State office, the President’s lead had been slashed to just 991 votes. “We gotta be careful about calling the thing,” Rove said. Rove was supremely confident that the numbers coming in from Ohio throughout the night that favored President Obama weren’t indicative of who would win Ohio when all the votes were ultimately tabulated by the state's computers. With a quarter of the vote still out there, Rove was anticipating a shift to the Right just after 11 pm, which, coincidentally, is exactly what happened in 2004. So the question is: on election night this year, when Karl Rove was protesting the call his network had just made in Ohio, was Rove anticipating a wave of unpredicted vote totals to swing the election back to Mitt Romney after a statewide server crash, just as had happened in 2004? Just two days after Election Day ... Anonymous released a press statement claiming it did indeed prevent an attempt by Rove to steal the election for Mitt Romney.
Note: We don't normally use Truthout as a source, but as no major media sources have yet covered this most important news, we are including it here. We have independent, reliable sources confirming that it is very likely that Rove tried to swing this election, as he did in 2004, but was stymied by an anonymous group. For another inspiring article describing how Karl Rove may have been stopped from manipulating the US elections, click here. And for a well researched articled suggesting that it was not Anonymous who stopped Karl Rove, but another group called "the protectors," click here.


Could e-voting machines in Election 2012 be hacked? Yes.
2012-10-26, Christian Science Monitor
http://www.csmonitor.com/USA/Elections/2012/1026/Could-e-voting-machines-in-E...
Rapid advances in the development of cyberweapons and malicious software mean that electronic-voting machines used in the 2012 election could be hacked, potentially tipping the presidential election or a number of other races. [A University of Pennsylvania] study concluded "virtually every important software security mechanism is vulnerable." Most at risk are paperless e-voting machines, which don’t print out any record of votes. Four swing states – Pennsylvania, Virginia, Colorado, and Florida – rely to varying degrees on paperless machines. Alex Halderman, a researcher at the University of Michigan, and a colleague at Princeton University hacked into a paperless touch-screen voting machine in 2010 and installed the video game Pac-Man. Similarly, he and Princeton researchers in 2006 demonstrated that if someone could get a few minutes’ unattended access to a paperless machine, that person could install a software virus that could spread to other machines and switch those machines’ votes before deleting all traces of itself. Among the 23 states that use touch-screen Direct-Recording Electronic (DREs) machines ... only California, Indiana, and Ohio were rated excellent in a national report this summer by Verified Voting. For a savvy hacker, the time and access needed to infect a machine is so small that it could be done while in a voting booth. A hacker could in theory use the Internet to target an e-voting machine company, which would then unknowingly infect its own machines when it serviced them. It's impossible to know if newer machines and software are really secure because their source code is largely unavailable for analysis. Voting-equipment makers frequently say their software is a trade secret.
Note: For deeply revealing reports from reliable major media sources on serious problems with the US elections system, click here.


Informant: NYPD Paid Me to 'Bait' Muslims
2012-10-24, ABC News/Associated Press
http://abcnews.go.com/US/wireStory/informant-nypd-paid-bait-muslims-17547920#...
A paid informant for the New York Police Department's intelligence unit was under orders to "bait" Muslims into saying inflammatory things as he lived a double life, snapping pictures inside mosques and collecting the names of innocent people attending study groups on Islam. Shamiur Rahman, a 19-year-old American of Bangladeshi descent who has now denounced his work as an informant, said police told him to embrace a strategy called "create and capture." He said it involved creating a conversation about jihad or terrorism, then capturing the response to send to the NYPD. For his work, he earned as much as $1,000 a month and goodwill from the police after a string of minor marijuana arrests. Rahman's account shows how the NYPD unleashed informants on Muslim neighborhoods, often without specific targets or criminal leads. Much of what Rahman said represents a tactic the NYPD has denied using. The AP corroborated Rahman's account through arrest records and weeks of text messages between Rahman and his police handler. Informants like Rahman are a central component of the NYPD's wide-ranging programs to monitor life in Muslim neighborhoods since the 2001 terrorist attacks. Police officers have eavesdropped inside Muslim businesses, trained video cameras on mosques and collected license plates of worshippers. Informants who trawl the mosques — known informally as "mosque crawlers" — tell police what the imam says at sermons and provide police lists of attendees, even when there's no evidence they committed a crime. The programs were built with unprecedented help from the CIA.
Note: For deeply revealing reports from reliable major media sources on the games intelligence agencies and units play, click here.


Is this the year that the food movement finally enters politics?
2012-10-10, New York Times
http://www.nytimes.com/2012/10/14/magazine/why-californias-proposition-37-sho...
California’s Proposition 37, which would require that genetically modified (G.M.) foods carry a label, has the potential ... to change the politics of food not just in California but nationally too. Genetically modified foods don’t offer the eater any benefits whatsoever — only a potential, as yet undetermined risk. Monsanto and its allies have fought the labeling of genetically modified food ... vigorously since 1992, when the industry managed to persuade the [F.D.A.] — over the objection of its own scientists — that the new crops were “substantially equivalent” to the old and so did not need to be labeled, much less regulated. The F.D.A. policy was co-written by a lawyer whose former firm worked for Monsanto. More than 60 other countries have seen fit to label genetically modified food, including those in the European Union, Japan, Russia and China. Monsanto and DuPont, the two leading merchants of genetically modified seed, have invested more than $12 million to defeat Prop 37. Americans have been eating genetically engineered food for 18 years, and as supporters of the technology are quick to point out, we don’t seem to be dropping like flies. But they miss the point. The fight over labeling G.M. food is not foremost about food safety or environmental harm, legitimate though these questions are. The fight is about the power of Big Food. Monsanto has become the symbol of everything people dislike about industrial agriculture: corporate control of the regulatory process; lack of transparency (for consumers) and lack of choice (for farmers); an intensifying rain of pesticides; and the monopolization of seeds, which is to say, of the genetic resources on which all of humanity depends.
Note: To learn more about the revolving door between Monsanto and the FDA, click here. To read about many suppressed scientific studies which showed the GM foods were often harmful and sometimes even lethal to a variety of lab animals, click here. To watch a powerful video showing clearly how Monsanto has attacked those who will not use their GM seeds, click here.


The Deafness Before the Storm
2012-09-11, New York Times
http://www.nytimes.com/2012/09/11/opinion/the-bush-white-house-was-deaf-to-9-...
It was perhaps the most famous presidential briefing in history. On Aug. 6, 2001, President George W. Bush received a classified review of the threats posed by Osama bin Laden and his terrorist network, Al Qaeda. That morning’s “presidential daily brief” — the top-secret document prepared by America’s intelligence agencies — featured the now-infamous heading: “Bin Laden Determined to Strike in U.S.” On April 10, 2004, the Bush White House declassified that daily brief — and only that daily brief — in response to pressure from the 9/11 Commission. [But] the Aug. 6 document, for all of the controversy it provoked, is not nearly as shocking as the briefs that came before it. The direct warnings to Mr. Bush about the possibility of a Qaeda attack began in the spring of 2001. By May 1, the Central Intelligence Agency told the White House of a report that “a group presently in the United States” was planning a terrorist operation. Weeks later, on June 22, the daily brief reported that Qaeda strikes could be “imminent,” although intelligence suggested the time frame was flexible. Operatives connected to Bin Laden, one [warning] reported on June 29, expected the planned near-term attacks to have “dramatic consequences,” including major casualties. Yet, the White House failed to take significant action. In the aftermath of 9/11, Bush officials attempted to deflect criticism that they had ignored C.I.A. warnings by saying they had not been told when and where the attack would occur.
Note: For many revealing reports from major media sources on 9/11, click here.


CNN and the business of state-sponsored TV news
2012-09-04, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/sep/04/cnn-business-state-sponso...
[CNN] is seriously compromising its journalism in the Gulf states by blurring the line between advertising and editorial. CNN International (CNNi) [has refused] to broadcast an award-winning documentary, "iRevolution", that was produced in early 2011 as the Arab Spring engulfed the region and which was highly critical of the regime in Bahrain. The documentary ... documented the brutality and violence the regime was using against its own citizens who were peacefully protesting for democracy. CNNi has aggressively pursued a business strategy of extensive, multifaceted financial arrangements between the network and several of the most repressive regimes around the world which the network purports to cover. Its financial dealings with Bahrain are deep and longstanding. CNNi's pursuit of and reliance on revenue from Middle East regimes increased significantly after the 2008 financial crisis, which caused the network to suffer significant losses in corporate sponsorships. It thus pursued all-new, journalistically dubious ways to earn revenue from governments around the world. Bahrain has been one of the most aggressive government exploiters of the opportunities presented by CNNi [which produces] programs in an arrangement it describes as "in association with" the government of a country, and offers regimes the ability to pay for specific programs about their country. These programs are then featured as part of CNNi's so-called "Eye on" series [or] "Marketplace Middle East", [which are] designed to tout the positive economic, social and political features of that country.
Note: For deeply revealing reports from reliable sources on corruption in the major media, click here.


Correspondence and collusion between the New York Times and the CIA
2012-08-29, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/aug/29/correspondence-collusion-...
The rightwing transparency group, Judicial Watch, released [on August 28] a new batch of documents showing how eagerly the Obama administration shoveled information to Hollywood film-makers about the Bin Laden raid. Obama officials did so to enable the production of a politically beneficial pre-election film about that "heroic" killing, even as administration lawyers insisted to federal courts and media outlets that no disclosure was permissible because the raid was classified. The newly released emails [were] between Mark Mazzetti, the New York Times's national security and intelligence reporter, and CIA spokeswoman Marie Harf. The CIA had evidently heard that [NY Times columnist] Maureen Dowd was planning to write a column on the CIA's role in pumping the film-makers with information about the Bin Laden raid in order to boost Obama's re-election chances, and was apparently worried about how Dowd's column would reflect on them. This exchange ... is remarkably revealing of the standard role played by establishment journalists and the corruption that pervades it. Here we have a New York Times reporter who covers the CIA colluding with its spokesperson to plan for the fallout from the reporting by his own newspaper ("nothing to worry about"). Beyond this, that a New York Times journalist – ostensibly devoted to bringing transparency to government institutions – is pleading with the CIA spokesperson, of all people, to conceal his actions and to delete the evidence of collusion is so richly symbolic.
Note: For deeply revealing reports from reliable sources on corruption in the major media, click here.


Report: Boy Scout files reveal repeat child abuse
2012-08-05, Boston Globe/Associated Press
http://www.boston.com/news/nation/articles/2012/08/05/report_boy_scout_files_...
Internal documents from the Boy Scouts of America reveal more than 125 cases in which men suspected of molestation allegedly continued to abuse Scouts, despite a blacklist meant to protect boys from sexual predators. A Los Angeles Times review of more than 1,200 files from 1970 to 1991 found suspected abusers regularly remained in the organization after officials were first presented with sexual misconduct allegations. Predators moved from troop to troop because of clerical errors, computer glitches or the Scouts' failure to check the blacklist, known as the "perversion files." In at least 50 cases, the Scouts expelled suspected abusers, only to discover they had re-entered the organization and were accused of molesting again. In other cases, officials failed to document reports of abuse in the first place, letting offenders stay in the program until new allegations came to light. One scoutmaster was expelled in 1970 for sexually assaulting a 14-year-old boy in Indiana. After being convicted of the crime, he went on to join two troops in Illinois between 1971 and 1988. He later admitted to molesting more than 100 boys. The "perversion files" naming suspected child molesters include admissions of guilt as well as unproven allegations. The confidential documents have come to light in recent years in lawsuits by former Scouts, accusing the group of failing to detect abuses, exclude known pedophiles or turn in offenders to authorities. The Boy Scouts have fought in court to keep the records from public view, saying confidentiality was needed to protect victims, witnesses and anyone falsely accused.
Note: Sexual offender lists are widely available to the public without endangering victims. Why would the scouts refuse to release the names of sexual abusers?


Libor: They all knew – and no one acted
2012-07-14, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/news/business/news/libor-they-all-knew--and-no-o...
Regulators on both sides of the Atlantic failed to act on clear warnings that the Libor interest rate was being falsely reported by banks during the financial crisis, it emerged last night. A cache of documents released yesterday by the New York Federal Reserve showed that US officials had evidence from April 2008 that Barclays was knowingly posting false reports about the rate at which it could borrow in order to assuage market concerns about its solvency. An unnamed Barclays employee told a New York Fed analyst, Fabiola Ravazzolo, on 11 April 2008: "So we know that we're not posting, um, an honest Libor." He said Barclays started under-reporting Libor because graphs showing the relatively high rates at which the bank had to borrow attracted "unwanted attention" and the "share price went down". The verbatim note of the call released by the Fed represents the starkest evidence yet that Libor-fiddling was discussed in high regulatory circles years before Barclays' recent £290m fine. The New York Fed said that, immediately after the call, Ms Ravazzolo informed her superiors of the information, who then passed on her concerns to Tim Geithner, who was head of the New York Fed at the time. Mr Geithner investigated and drew up a six-point proposal for ensuring the integrity of Libor which he presented to the British Bankers Association, which is responsible for producing the Libor rate daily. Mr Geithner, who is now US Treasury Secretary, also forwarded the six-point plan to the Governor of the Bank of England, Sir Mervyn King.
Note: For deeply revealing reports from reliable major media sources on regulatory and financial corruption and criminality, click here. For our highly revealing Banking Corruption Information Center, click here.


Abuse Scandal Inquiry Damns Paterno and Penn State
2012-07-13, New York Times
http://www.nytimes.com/2012/07/13/sports/ncaafootball/13pennstate.html?_r=1&p...
In 1998, officials at Penn State, including its president and its legendary football coach, were aware Jerry Sandusky was being investigated by the university’s police department for possibly molesting two young boys in the football building’s showers. They followed the investigation closely, updating one another along the way. The officials did nothing. No one so much as spoke to Mr. Sandusky. Last month, Mr. Sandusky, for three decades one of Joe Paterno’s top coaching lieutenants, was convicted of sexually attacking 10 young boys, nine of them after the 1998 investigation, and several of them in the same football building showers. Louis J. Freeh, the former federal judge and director of the F.B.I. who spent the last seven months examining the Sandusky scandal at Penn State, issued a damning conclusion [on July 12]: The most senior officials at Penn State had shown a “total and consistent disregard” for the welfare of children, had worked together to actively conceal Mr. Sandusky’s assaults, and had done so for one central reason: fear of bad publicity. That publicity, Mr. Freeh said, would have hurt the nationally ranked football program, Mr. Paterno’s reputation as a coach of high principles, the Penn State “brand” and the university’s ability to raise money as one of the most respected public institutions in the country.
Note: For deeply revealing reports from reliable major media sources on institutional sexual abuse, click here. For powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government, click here.


Was the petrol price rigged too?
2012-07-12, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/earth/energy/fuel/9401934/Libor-scandal-Was-the-pe...
Motorists may have been paying too much for their petrol because banks and other traders are likely to have tried to manipulate oil prices in the same way they rigged interest rates, an official report has warned. Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”. Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said. Petrol retailers use oil price “benchmarks” to decide how much to pay for future supplies. The rate is calculated by data companies based on submissions from firms which trade oil on a daily basis – such as banks, hedge funds and energy companies. However, like Libor ... the market is unregulated and relies on the honesty of the firms to submit accurate data about all their trades. This is one of the major concerns raised in the G20 report, published last month by the International Organisation of Securities Commissions (IOSCO). In the study for global finance ministers, including George Osborne, the regulator warns that traders have opportunities to influence oil prices for their own profit. It points out that the whole market is “voluntary”, meaning banks and energy companies can choose which trades to make public. IOSCO says this “creates opportunity for a trader to submit a partial picture in order to influence the [price] to the trader’s advantage”.
Note: For deeply revealing reports from reliable major media sources on regulatory and financial corruption and criminality, click here.


Ex-CIA agent: Roswell, N.M., incident really happened
2012-07-10, USA Today
http://content.usatoday.com/communities/ondeadline/post/2012/07/ex-cia-agent-...
A former CIA agent is going on the record to say the alleged UFO incident on July 8, 1947, in Roswell, N.M., really happened. Chase Brandon, who worked 35 years with the CIA, said documents regarding the alleged landing of beings from outer space are locked up at the CIA's headquarters in Langley, Va. "It was in a vaulted area - there was one box that really caught my eye," the Daily Mail quotes Brandon as saying. "It had one word on it: Roswell. I rummaged inside it, put the box on the shelf and said, 'My God, it really happened.'" Brandon [made] the comments during the 65th anniversary of the alleged incident, which military officials initially explained as the capture of "a disc," but later explained away as a weather balloon. "It was not a weather balloon - it was what people first reported," the [Daily Mail] quotes Brandon as saying. The Huffington Post quotes Brandon as saying, "It was a craft that clearly did not come from this planet." Brandon worked as an undercover, covert operations officer in the CIA's Clandestine Service, where he focused on missions on international terrorism, counterinsurgency, global narcotics and weapons smuggling. He spent his final decade with the agency as liaison to the entertainment and publication industries, and it was during this time - in the mid 1990s - that he walked into the vaulted Historical Intelligence Collection area at CIA headquarters, according to the news organization. Brandon said the box contained written material and photographs.
Note: For a great Huffington Post article on this, click here. For the Daily Mail article, click here. For an excellent, intriguing eight-minute video featuring Chase Brandon on his knowledge of CIA training, click here. For verifiable quotes from a former head of the CIA, two astronauts, and other top officials on a huge UFO cover-up,click here.


Bank rate rigging scandal widens; Diamond fights on
2012-06-29, Chicago Tribune/Reuters
http://www.chicagotribune.com/business/sns-rt-us-libor-banksbre85s0p4-2012062...
A scandal over the rigging of key interest rates could plunge the global banking industry into a legal morass for years, analysts said. The head of the Bank of England said there needed to be "real change" in the industry's culture. Referring to what he called the "deceitful manipulation" of rates, Mervyn King told a news conference [that] the London Interbank Offer Rate (LIBOR) should be reformed to reflect actual market transactions. U.S. and British authorities fined Barclays $453 million on Wednesday for manipulating LIBOR, which underpins some $360 trillion of loans and financial contracts around the world - and analysts forecast more banks would soon be named for collusion. Others predicted Barclays and other banks could face billions in costs from litigation, especially in the United States, in much the same way that oil major BP ran into drawn-out legal rows over its oil spill. Barclays was the first bank to settle in an investigation which is looking at other large financial institutions in Europe, Japan and North America.
Note: This article states that LIBOR underpins some $360 trillion of loans and financial contracts around the world. That's $50,000 for every man, woman, and child on this planet. And it is being hugely manipulated. For more vitally important information on this, learn about the huge amounts of derivatives being manipulated at this link and explore the excellent, reliable information in our Banking Corruption Information Center available here.


Prisons, Privatization, Patronage
2012-06-22, New York Times
http://www.nytimes.com/2012/06/22/opinion/krugman-prisons-privatization-patro...
The New York Times has published several terrifying reports about New Jersey’s system of halfway houses — privately run adjuncts to the regular system of prisons. The horrors described are part of a broader pattern in which essential functions of government are being both privatized and degraded. So what’s really behind the drive to privatize prisons? One answer is that privatization can serve as a stealth form of government borrowing, in which governments avoid recording upfront expenses (or even raise money by selling existing facilities) while raising their long-run costs in ways taxpayers can’t see. Another answer is that privatization is a way of getting rid of public employees. But the main answer, surely, is to follow the money. As more and more government functions get privatized, states become pay-to-play paradises, in which both political contributions and contracts for friends and relatives become a quid pro quo for getting government business. Are the corporations capturing the politicians, or the politicians capturing the corporations? One thing the companies that make up the prison-industrial complex — companies like Community Education or the private-prison giant Corrections Corporation of America — are definitely not doing is competing in a free market. They are, instead, living off government contracts. And ... despite many promises that prison privatization will lead to big cost savings, such savings — as a comprehensive study by the Bureau of Justice Assistance, part of the U.S. Department of Justice, concluded — “have simply not materialized.” A corrupt nexus of privatization and patronage [is] undermining government across much of our nation.
Note: Have you noticed that crime rates are at the lowest in many years, yet prison spending continues to skyrocket? Is something wrong with this picture? For key major media new articles exposing more on corruption within the "prison-industrial complex," click here.


Plantations, Prisons and Profits
2012-05-26, New York Times
http://www.nytimes.com/2012/05/26/opinion/blow-plantations-prisons-and-profit...
“Louisiana is the world’s prison capital. The state imprisons more of its people, per head, than any of its U.S. counterparts. First among Americans means first in the world. Louisiana’s incarceration rate is nearly triple Iran’s, seven times China’s and 10 times Germany’s.” That paragraph opens a devastating eight-part series published this month by The Times-Picayune of New Orleans about how the state’s largely private prison system profits from high incarceration rates and tough sentencing, and how many with the power to curtail the system actually have a financial incentive to perpetuate it. The picture that emerges is one of convicts as chattel and a legal system essentially based on human commodification. • One in 86 Louisiana adults is in the prison system, which is nearly double the national average. • More than 50 percent of Louisiana’s inmates are in local prisons, which is more than any other state. The national average is 5 percent. • Louisiana leads the nation in the percentage of its prisoners serving life without parole. • Nearly two-thirds of Louisiana’s prisoners are nonviolent offenders. The national average is less than half. In the early 1990s, the state was under a federal court order to reduce overcrowding, but instead of releasing prisoners or loosening sentencing guidelines, the state incentivized the building of private prisons. But, in what the newspaper called “a uniquely Louisiana twist,” most of the prison entrepreneurs were actually rural sheriffs. They saw a way to make a profit and did.
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