Government Corruption News ArticlesExcerpts of Key Government Corruption News Articles in Media
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.
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 the Center 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.
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.
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.
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] 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.
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.
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 Ł290m 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.
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.
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.
“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.
Note: To read the powerful 8-part investigation of the Louisiana prison system from the New Orleans Times-Picayune, click here. For more on the cruelty and corruption of the prison-industrial complex, click here.
If you thought that the fires at the World Trade Center twin towers, set off by the horrific jetliner impacts of September 11, 2001, were the cause of the destruction of those iconic skyscrapers, you may be mistaken. Experts now cite evidence showing that high-temperature incendiaries and explosives were planted throughout the twin towers and the lesser-known 47-story Building 7, also destroyed later the same day. So says a group of architects and engineers nearly 1700 strong, represented by Richard Gage, AIA, founder of Architects & Engineers For 9/11 Truth and the director/producer of a new documentary. Two years in the making, the documentary "9/11: Explosive Evidence - Experts Speak Out - FINAL EDITION " officially debuted today. The film features 43 experts in building engineering, physics, chemistry, and other technical fields, plus a half-dozen psychologists who discussed the denial of the evidence that the AE911Truth engineers have been seeking to get attention to since the founding of the nonprofit organization in 2007. The group's petition, signed by 14,000 concerned citizens in addition to the architectural and engineering experts, calls upon the U.S. Congress to initiate a new independent investigation. "The official story about the attacks of September 11 falls apart when you look squarely at the facts and apply basic scientific principles to interpret them," says Gage.
The US criminal justice system is a broken machine that wrongfully convicts innocent people, sentencing thousands of people to prison or to death for the crimes of others, as a new study reveals. The University of Michigan law school and Northwestern University have compiled a new National Registry of Exonerations – a database of over 2,000 prisoners exonerated between 1989 and the present day, when DNA evidence has been widely used to clear the names of innocent people convicted of rape and murder. Of these, 885 have profiles developed for the registry's website, exonerationregistry.org. The details are shocking. Death row inmates were exonerated nine times more frequently than others convicted of murder. One-fourth of those exonerated of murder had received a death sentence, while half of those who had been wrongfully convicted of rape or murder faced death or a life behind bars. Ten of the inmates went to their grave before their names were cleared. The leading causes of wrongful convictions include perjury, flawed eyewitness identification and prosecutorial misconduct. "The most important thing we know about false convictions is that they happen and on a regular basis … Most false convictions never see the light of the day," said University of Michigan law professors Samuel Gross and Michael Shaffer, who wrote the study. "Nobody had an inkling of the serious problem of false confessions until we had this data," said Rob Warden, executive director of the Center on Wrongful Convictions at Northwestern University.
Note: For key reports from major media sources on the injustices and corruption of the prison-industrial complex, click here.
A USA TODAY reporter and editor investigating Pentagon propaganda contractors have themselves been subjected to a propaganda campaign of sorts, waged on the Internet through a series of bogus websites. Fake Twitter and Facebook accounts have been created in their names, along with a Wikipedia entry and dozens of message board postings and blog comments. Websites were registered in their names. The timeline of the activity tracks USA TODAY's reporting on the military's "information operations" program, which spent hundreds of millions of dollars on marketing campaigns in Iraq and Afghanistan — campaigns that have been criticized even within the Pentagon as ineffective and poorly monitored. For example, Internet domain registries show the website TomVandenBrook.com was created Jan. 7 — just days after Pentagon reporter Tom Vanden Brook first contacted Pentagon contractors involved in the program. Two weeks after his editor Ray Locker's byline appeared on a story, someone created a similar site, RayLocker.com, through the same company. If the websites were created using federal funds, it could violate federal law prohibiting the production of propaganda for domestic consumption. Some postings ... accused them of being sponsored by the Taliban. "They disputed nothing factual in the story about information operations," Vanden Brook said.
Note: For more on a proposed amendment to a U.S. bill which would make it legal to use propaganda and lie to the American public, click here.
Expert comparisons of hair, handwriting, marks made by firearms on bullets, and patterns such as bite marks and shoe and tire prints are in some ways unscientific and subject to human bias, a National Academy of Sciences panel chartered by Congress found. Even fingerprint identification is partly a subjective exercise that lacks research into the role of unconscious bias or even its error rate, the panel’s 328-page report said. Since 2002, failures have been reported at about 30 federal, state and local crime labs serving the FBI, the Army and eight of the nation’s 20 largest cities. A 2009 study of post-conviction DNA exonerations — now up to 289 nationwide — found invalid testimony in more than half the cases. FBI examiners claimed until recently that they can match fingerprints to the exclusion of any other person in the world with 100 percent certainty. The academy report found that assertion was “not scientifically plausible” and had chilled research into error rates. In 1999, a Justice Department official, Richard Rau, told a federal court that the department delayed such a study because of the legal ramifications. Meanwhile, errors occur. In 2004, DNA for the first time exonerated a person convicted with a fingerprint match and, separately, the FBI made its first publicly acknowledged fingerprint misidentification. Brandon Mayfield, a Portland, Ore., lawyer, mistakenly was arrested in connection with the terrorist train bombings in Madrid that killed 191 people.
Note: A Washington Post investigation recently found that over a 20 year period, "nearly every examiner in an elite FBI forensic unit gave flawed testimony in almost all trials in which they offered evidence". For more along these lines, see concise summaries of deeply revealing news articles about the corrupt prison industry built upon by systematic violations of civil rights.
On April 19, 1995, a huge truck bomb destroyed a large part of the Alfred P. Murrah Federal Building in Oklahoma City ... killing 168 people, including 19 children. In a matter of days the FBI established that the bombing was the work of a conspiracy. The first conspirator arrested was Timothy McVeigh, a 27-year-old Army veteran. The second conspirator arrested was Terry Nichols. "Oklahoma City," an extraordinarily well-researched book, asserts that the FBI investigation of the bombing was badly flawed and missed, or disregarded, evidence of a larger conspiracy. The authors, Andrew Gumbel and Roger Charles, are both highly regarded investigative reporters who have been immersed in this case for more than a decade. They were given access to vast amounts of material assembled by the defense teams, including 18,000 FBI witness interviews. The book ... outlines how federal prosecutors, eager to wrap up the McVeigh and Nichols cases, avoided raising questions about possible co-conspirators that the defense could use to confound a jury. Among the glaring gaps in the investigation was the failure of the FBI to attempt to match the more than 1,000 unidentified latent fingerprints found in the investigation. [And] almost all the eyewitnesses to the crime claimed that McVeigh was not alone. No fewer than 24 witnesses said that they saw McVeigh, just before and after the crime, with a man who could not have been ... Mr. Nichols. The FBI concluded that these witnesses had all been confused. Certainly eyewitness testimony can be unreliable, but 24 mistaken witnesses—and no accurate ones?
Note: Many aspects of the Oklahoma City bombing were covered up. For a compilation of media videos showing without doubt there were other bombs in the building which later were completely ignored, click here. For other major media articles showing major manipulation, click here click here, here, and here.
A man whose lies helped to make the case for invading Iraq – starting a nine-year war costing more than 100,000 lives and hundreds of billions of pounds – will come clean in his first British television interview tomorrow [click here for interview]. "Curveball", the Iraqi defector who fabricated claims about Iraq's weapons of mass destruction, smiles as he confirms how he made the whole thing up. It was a confidence trick that changed the course of history, with Rafid Ahmed Alwan al-Janabi's lies used to justify the Iraq war. The chemical engineer claimed to have overseen the building of a mobile biological laboratory when he sought political asylum in Germany in 1999. His lies were presented as "facts and conclusions based on solid intelligence" by Colin Powell, US Secretary of State, when making the case for war at the UN Security Council in February 2003. But Mr Janabi ... says none of it was true. US officials "sexed up" Mr Janabi's drawings of mobile biological weapons labs to make them more presentable, admits Colonel Lawrence Wilkerson, General Powell's former chief of staff. "I brought the White House team in to do the graphics," he says, adding how "intelligence was being worked to fit around the policy". Another revelation ... is the real reason why the FBI swooped on Russian spy Anna Chapman in 2010. Top officials feared the glamorous Russian agent wanted to seduce one of US President Barack Obama's inner circle. The fear that Chapman would compromise a senior US official in a "honey trap" was a key reason for the arrest and deportation of the Russian spy ring of 10 people.
Note: For a Washington Post blog on this important development, click here. For a revealing essay by a top U.S. general on major war manipulations, click here. For many major media articles on this topic, click here.
[On March 8, 2012], President Obama signed into law the Federal Restricted Buildings and Grounds Improvement Act of 2011. This law permits Secret Service agents to designate any place they wish as a place where free speech, association and petition of the government are prohibited. It permits the Secret Service to make these determinations based on the content of speech. Thus, federal agents whose work is to protect public officials and their friends may prohibit the speech and the gatherings of folks who disagree with those officials or permit the speech and the gatherings of those who would praise them, even though the First Amendment condemns content-based speech discrimination by the government. The new law also provides that anyone who gathers in a “restricted” area may be prosecuted. Permitting people to express publicly their opinions to the president only at a time and in a place and manner such that he cannot hear them violates the First Amendment, which guarantees the right to useful speech. The same may be said of the rights to associate and to petition. If peaceful public assembly and public expression of political demands on the government can be restricted to places where government officials cannot be confronted, then those rights, too, have been neutered. This abominable legislation enjoyed overwhelming support from both political parties in Congress because the establishment loves power, fears dissent and hates inconvenience, and it doesn’t give a damn about the Constitution.
Note: How strange that the Washington Times was one of the few media to have even covered this incredible infringement on the right to free speech. Fox News also covered it, as you can see in this excellent video. Now instead of being a country where free speech is held in great esteem, the US has "free speech zones" outside of which citizens lose their right to speak freely. What's happening here?
Government officials have openly discussed details of the mission [to kill Osama bin Laden] in speeches, interviews and television appearances, but the administration won't disclose records that would confirm their narrative of that fateful night. The Associated Press asked for files about the raid in more than 20 separate [FOIA] requests, mostly submitted the day after bin Laden's death. The Pentagon told the AP this month it could not locate any photographs or video taken during the raid or showing bin Laden's body. It also said it could not find any images of bin Laden's body on the Navy aircraft carrier where the al-Qaida leader's body was taken. The Pentagon said it could not find any death certificate, autopsy report or results of DNA identification tests for bin Laden, or any pre-raid materials discussing how the government planned to dispose of bin Laden's body if he were killed. It said it searched files at the Pentagon, U.S. Special Operations Command in Tampa, Fla., and the Navy command in San Diego that controls the USS Carl Vinson, the aircraft carrier used in the mission. The Defense Department told the AP in late February it could not find any emails about the bin Laden mission or his "Geronimo" code name that were sent or received in the year before the raid by William McRaven, the three-star admiral at the Joint Special Operations Command who organized and oversaw the mission. It also could not find any emails from other senior officers who would have been involved in the mission's planning.
Note: WantToKnow team member Prof. David Ray Griffin, in his book Osama bin Laden: Dead or Alive?, lays out the extensive evidence that bin Laden died in December 2001, and that since that time Pentagon psyops had been keeping him "alive" with fake videos and audiotapes to maintain a crucial pretext for the ever-expanding "war on terror." Could it be that the Pentagon will produce no records of its purported "death raid" because in fact it will reveal major manipulations involving bin Laden's death?
Today is my last day at Goldman Sachs. Over the course of my career I have had the privilege of advising two of the largest hedge funds on the planet [and] five of the largest asset managers in the United States. My clients have a total asset base of more than a trillion dollars. After almost 12 years at the firm ... I believe I have worked here long enough to understand ... its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it. To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence. What are three quick ways to become a leader? a) Execute on the firm's "axes," which is Goldman-speak for persuading your clients to invest in the stocks or other products that we are trying to get rid of because they are not seen as having a lot of potential profit. b) "Hunt Elephants." In English: get your clients -- some of whom are sophisticated, and some of whom aren't -- to trade whatever will bring the biggest profit to Goldman. c) Find yourself sitting in a seat where your job is to trade any illiquid, opaque product with a three-letter acronym. I attend derivatives sales meetings where not one single minute is spent asking questions about how we can help clients. It's purely about how we can make the most possible money off of them.
Note: The author of this article, Greg Smith, was a Goldman Sachs executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa. For an excellent compilation of news articles and government documents showing the huge risk of the derivatives bubble being manipulate by Goldman Sachs and others, click here.
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