Exclusive: WikiLeaks Will Unveil Major Bank Scandal

[IScreamSundays]

Source: Forbes

First WikiLeaks spilled the guts of government. Next up: The private sector, starting with one major American bank.

In an exclusive interview earlier this month, WikiLeaks founder Julian Assange told Forbes that his whistleblower site will release tens of thousands of documents from a major U.S. financial firm in early 2011. Assange wouldn’t say exactly what date, what bank, or what documents, but he compared the coming release to the emails that emerged in the Enron trial, a comprehensive look at a corporation’s bad behavior.

“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,” he told me.

more:

Read more: http://blogs.forbes.com/andygreenberg/2010/11/29/exclusive-wikileaks-will-unveil-major-bank-scandal/

[Poll_Blind]

1. Effing delicious! n/t

PB

[movonne]

25. And I wonder how the banks, etc. will take this...they are more powerful

than our president...they will them some private contractors to do him in...

[Poll_Blind]

28. Agreed. n/t

PB

[truth2power]

67. I hope Assange is smart enough to have secreted the documents

somewhere that they'll come out no matter what.

I am so sick of the evil, evil people who run this country. I hope they get their just desserts.

[northernlights]

115. ever heard of the "insurance" file?

Also, wikileaks twittered for people to download the last set of files prior to release -- and one day prior to the denial of service attack.

Anything happens to Assange, and the encryption key gets sent to various holders of the file(s). They've probably got them distributed all over hell by now. :D

[truth2power]

141. Yes, of course I know about the insurance file. I was referring to the bank docs

set to come out after the first of the year. I was thinking the insurance file has some entirely different information.

It's about time that the criminal behavior of those who claim to "represent" us :rofl: is brought to light, and I don't care who or what gets caught in the net.

[Javaman]

71. Assange better convert all his holdings to cash.

I suspect his accounts will "suddenly" be frozen.

[laughingliberal]

91. As I understand it, he has had his assets frozen once. He now keeps deposits in many places...

spread over many nations.

[TheEuclideanOne]

60. Agree 1000%. In a related topic, how sad is our media?

This one individual is able to get a million highly sensitive documents and our current media acts as if they are impodent on any topic that is newsworthy. If this is not a clear indictment on how our media is either 100% ineffective or chosing to avoid prosecuting those in power, I don't know what is.

[truedelphi]

85. We had this other remarkable journalist, Garry Webb, and he reported on how the CIA

saw to it that cocaine flooded the folks in the ghetto.

His journalism won him awards, then he was pushed out of journalism by the very paper that had hired him, then quite a few years later, he died, either from suicide or from someone with a vendetta.

Webb was about the only remarkable journalist I can think of in this Country. Robert Fisk of Great Britain holds my respect, but he is not from here.

[laughingliberal]

92. I think Palast works to expose corruption but his information is largely suppressed. nt

[roguevalley]

69. awesome. I hope its wells fuck you, er, fargo.

[PBS Poll-435]

133. It's not. nt

[de novo]

2. Keep it coming, watch your back!

[happygoluckytoyou]

116. don't forget to wear your Pelican Briefs

[Oceansaway]

3. K&R...n/t

[hughee99]

4. Place your bets now...

Citibank, BOA, RBS, JP Morgan, Deutsche Bank, UBS, Barclays etc... my money is on Goldman Sachs.

[golddigger]

9. I will put mine on JP Morgan.

[NeoConsSuck]

43. I'll take Citibank

they employed close to a 1/4 million people in their 'heyday'. They had their tentacles everywhere.

[catzies]

129. Agreed, because of the Saudi connection, n/t

[JDPriestly]

59. I would guess Lehman or Bear Stearns.

It is probably a bank that fired a lot of top people. That could mean any of them.

[iChallenge]

68. I wont guess, but I WILL tell you the truth, it is ...

Bank of America. As a former top executive, I am a witness of its wrong-doings. Some that I reported and some that others reported but never any action was taken other than federal investigators drinking coolaid with BofA Attorneys. You would never imagine that a Bank within USA could be so corrupt and intensely dangerous, if I tell you, that it encouraged its own employees to commit suicide by haunting them, daily interrogations and many more worst crimes, including orchestrating burgularies (getting its confidential material back) etc.

[loudsue]

73. Holy shit! But I believe it. I've always hated b of a.

Worst....WORST bank I've ever dealt with. Fees for walking in the door. Screwing up accounts until nobody can trace a transaction.

[OKDem08]

77. Welcome to DU! : )

[truedelphi]

88. Assange seemed to indicate that bank, as when asked if it was

America's Biggest Bank, he said, "No comment."

[GreenStormCloud]

100. That is reading too much into "no comment". N/T

[Kaleko]

90. Please keep posting and disclosing everything you know.

Let this spill become a flood and then a deluge of courageous truthtelling.

Welcome to DU!

[laughingliberal]

93. Welcome to DU. nt

[chatnoir]

104. Jesus, sounds straight out of Michael Clayton

Welcome to DU, hope you stay and post much more!

[Lucky Luciano]

117. Fascinating...this just streamed out of my Bloomberg 10 minutes ago....

Bank of America May Be WikiLeaks Target: Forbes 12:49
   Bank of America may be target of WikeLeaks’ “megaleak” regarding major U.S. bank, Forbes says, citing ComputerWorld interview w/ WikiLeaks founder Julian Assange from Oct. 2009.

Assange: “At the moment, for example, we are sitting on 5 gigabytes from Bank of America, one of the executive’s hard drives. Now how do we present that? It’s a difficult problem.”

Assange: “We could just dump it all into one giant Zip file, but we know for a fact that has limited impact. To have impact, it needs to be easy for people to dive in and search it and get something out of it”

Forbes notes there is no clear confirmation upcoming “megaleak” will focus on BAC
WikiLeaks, BAC haven’t immediately responded to Forbes
NOTE: Forbes writer Andy Greenberg reported yesterday WikiLeaks will unveil major bank scandal in early 2011, citing comments by Assange

Forbes story: {NSN LCPKSC6MMXAA <GO>} ComputerWorld interview (Oct. 2009): http://bit.ly/BRb81

[Boudica the Lyoness]

124. I had relative who worked in customer relations

and she told me enough that we stopped doing business with them.

I hope it's them!

[AllyCat]

136. Dear God. What have we become?

Welcome to DU. I look forward to more of your posts.

[Shanti Mama]

76. Actually, Morgan is one of the better ones.

Better pull your bet now.

[Karenina]

111. Crash JP Morgan. Buy 1 silver coin. Holiday season is here! n/t

[Frisbee]

11. God, I hope so! n/t

[AtheistCrusader]

12. BofA.

Go get 'em boys.

[axollot]

17. 1st thought Goldman but JP Morgan is also likely. n/t

[davidwparker]

27. Wow. That's a list to consider. I'm going with Citibank. n/t

[L0oniX]

37. Shitty Bank or Skank of America.

[underpants]

50. My money is on he falls down 39 times... or has trumped up rape charges against him

He should enjoy this Christmas

[hughee99]

58. Maybe they'll find bin Laden in his closet.

That would distract everyone without addressing the documents. Then he won't be the "Wikileaks" guy, he'll be the "guy who was hiding bin Laden".

[KamaAina]

118. No way!

He's going to stab himself in the back. :eyes:

[jotsy]

51. Wells Fargo.

More of a hope actually. It is courtesy of them I have returned to being a renter.

[Dinger]

53. Me too (nt)

[Turborama]

72. Major (International) U.S. financial firm? Definitely either Morgan Stanley or Goldman Sachs.

[defendandprotect]

79. Watched some of Ventura the other night .... Goldman Sachs was on his list ....

Haven't seen "Inside Job" yet --

But looking at the closeness between Obama and Goldman Sachs since day one of his

administration is something to be given a lot of thought!!

[catzies]

130. Saw "Inside Job" last week. Even if you've already seen "Capitalism Inc." it's a must-see n/t

[alfredo]

81. UBS

[KansDem]

108. What money?

:(

on edit: K&R!!! }(

[AllyCat]

135. I'm betting a quarter on GS.

There is just too much going on there. I hope it's Goldman anyway.

[dixiegrrrrl]

140. BOA

Julian Assange talked about BofA last year in an interview with Computer World, claiming "he had acquired a large cache of information from Bank of America."

He specified that he has 5GB of material on the company.From one of the top exec's computers.

tho I do wish he would not wait so long to release the info.

BOA is down to 10.00 from a high of over 45.00 couple of years ago.

[Arctic Dave]

5. Kick ass!

Fry everyone of those corrupt fuckers.

[phasma ex machina]

6. Banksters are royalty. They don't answer to governments. nt

[abelenkpe]

56. You're right they tell governments what to do nt

[Qutzupalotl]

7. Now that I can get behind.

I was a little worried about the diplomacy thing, but this sounds sweet.

[DemReadingDU]

8. from page 2

more quotes form the long interview

So do you have very high impact corporate stuff to release then?
Yes, but maybe not as high impact…I mean, it could take down a bank or two.

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.

http://blogs.forbes.com/andygreenberg/2010/11/29/an-interview-with-wikileaks-julian-assange/2/

[DemReadingDU]

10. from page 8

this is the end of the interview


But there are also industries that just have more secrecy, so you must know there are things you want that you haven’t gotten.

That’s right. Within the intelligence industry is one example. They have a higher level of secrecy. And that’s also true of the banking industry.

Other industries that are extremely well paid, say Goldman Sachs, might have higher incentives not to lose their jobs.

So it’s only the obvious things that we want: Things concerning intelligence and war, and mass financial fraud. Because they affect so many people so severely.

And they’re harder leaks to get.

Intelligence particularly, because the penalties are so severe. Although very few people have been caught, it’s worth noting. The penalties may be severe, but nearly everyone gets away with it.

To keep people in control, you only need to make them scared. The CIA is not scared as an institution of people leaking. It’s scared that people will know that people are leaking and getting away with it. If that happens, the management loses control.

And WikiLeaks has the opposite strategy?

That’s right. It’s summed up by the phrase “courage is contagious.” If you demonstrate that individuals can leak something and go on to live a good life, it’s tremendously incentivizing to people.

http://blogs.forbes.com/andygreenberg/2010/11/29/an-interview-with-wikileaks-julian-assange/8/

[Gregorian]

13. Max Keiser is going to say "I told you so!".

[Tansy_Gold]

52. I'll let him borrow my rubber stamp

[earth mom]

14. We already know they are Gangster Banksters!

:argh:

[aquart]

15. Citibank! Come on, Citibank!

Crooks to the core.

[Atypical Liberal]

16. Good.

I've been hoping that wikileaks would turn its eye of truth on private endeavors.

But I have to wonder how that Assange guy is going to live. It would seem to me this guy would be marked for death. You piss off governments, that's one thing. Piss off people with money, that's something else entirely.

[emsimon33]

18. I pray that Julian Assange doesn't

1. Travel in any private airplane or small aircraft.

2. Stay alone in a hotel room.

3. Walk down a side walk in front of anyone with a very pointy umbrella.

4. Have drinks in a hotel bar in London without carrying a Geiger Counter.

I pray that he has copies of the information scattered about so that taking his life or disappearing him will not stop the release of these documents.

Julian Assange is a very brave hero. However, I fear for his life.

[de novo]

22. He better only drink tea that he has brewed and been in control of at all times!

I think he has disseminated copies.

[Merlot]

48. I'm sure he has a contingency plan

He knows what and who he's up against.

[dipsydoodle]

19. And I hope this time

he gives no prior warning.

[de novo]

23. This warning is enough. How many fat cats do think are sweating right now?

"Oh shit, is it us? Is it me?"

:rofl:

[hedgehog]

30. I was just thinking, whatever else happens, every executive of

every major bank is going to spend the Christmas season sweating bullets.

[laundry_queen]

33. That thought makes me smile :) nt

[Frisbee]

110. It's not like they haven't

ruined millions of peoples Christmas. Fuck 'em. If they're clean, they've got nothing to worry about.

[fascisthunter]

20. Bank of America

[louis-t]

21. Uh oh, now he's done it.

I hope Mr. Assange has a good hidey hole. Big bidness doesn't like it when someone outs them.

[beforeyoureyes]

127. He has better. He has uploaded security with encrypted info that will be unlocked

....if they come after him...

He just told everyone to download the files again.

He knows they are going to hit hard.

And, I think he is very aware that he might end up imprisoned, tortured, or killed. But, he is very smart. Brilliant.

[Loge23]

24. Matt Taibbi has already done this

Read anything you can get your eyes on from Matt Taibbi.
It's all there, but the MSM doesn't read Matt.

[truedelphi]

86. No they really don't.

inf act it is probably in their contract to NOT read Matt Taibbi.

[bergie321]

26. Now his life is really in danger

Corporate America does not mess around.

[sarcasmo]

29. The question is, will it bring arrests?

[quakerboy]

46. I dunno. Do you think

the banks have enough power to arrest him wherever he ends up?

[Lorien]

84. Doubtful. Laws don't apply to them, or to BushCo, for that matter. nt

[Jemmons]

31. Wow!

:popcorn:

[Parker CA]

32. The entire interview is well worth the read. Terrific piece! Kick and Rec!!

[TatonkaJames]

34. For his sake...

I hope he has a good hiding place until then.

[slay]

35. Insurance Assange Style.aes256

sometimes the file is just called "insurance.aes256". It's an encrypted file mass distributed by Assange - the key to be released if and when need be. Another DU member posted a link to it in this thread so you can get it here --> http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9645586

[L0oniX]

36. A strike at the heart of our government. Thank you WikiLeaks!

[Autumn Colors]

38. If corporations are included, my Wiki-Wish is: MONSANTO! (nt)

[MrsCorleone]

132. +1000

[bluesmail]

39. It's possible if one is taken down wouldn't all the rest (domino theory)

tumble. Wow. This has got me EXCITED. And I don't get excited very easily.

[Kaleko]

44. It's possible that employees in other corporations who are plagued by their guilty

conscience will feel emboldened to leak whatever secret files they have as well.

As Assange said, courage is contagious.

[Octafish]

40. Money laundering warmongering offshoring whoremongering mass murdering bunch of swells.

That's my bank.

[McCamy Taylor]

41. Uh oh! Now they are attacking the REAL bosses.

[Mimosa]

112. True, McCamy. This is where it gets dangerous.

I wonder if we'll ever get to read the info.

[larkrake]

42. I pray he exposes all the corp/congressmen crimes too!

[christx30]

45. Oh No!

people could die if this information is released! :sarcasm:

GO JULIAN!

[NYMdaveNYI]

49. NATIONAL SECURITY!!!! GAAAAH nt

[christx30]

54. people might find out

that behind the caring, generous facade that the banks put on, they are actually money grubbing, selfish people that are unable to run institutions of high finance.

This kind of information is going to rock the country. there will be panic in the streets. People in suits yelling "SELL! SELL!" and stuff like that.

<gasp!> Do you think there is going to be evidence of fraud?

[8 track mind]

47. oh how i hope it will be Bank of America!!!! n/t

[Betty]

74. me too

they have fucked me over with my mortgage, they are absolutely PURE evil.

[BlueCollar]

55. Time to invest heavily

in Popcorn Manufacturers

:popcorn:

[grasswire]

57. Olbermann's expression when reporting this was delicious.

Heh. He can't wait.

[AnArmyVeteran]

61. Assange, the savior of the common man?

He has more balls than the entire American government and apparently, even the corporate mobsters.

[laughingliberal]

95. He is certainly a man for times such as these. And it's fun to watch the authoritarian heads explode

:)

[AnArmyVeteran]

106. Watching their heads explode is almost PPV worthy

I wonder how much more will be released. Its hard to believe so much information could be obtained so easily.

[xiamiam]

102. smart and courageous and principled..rare combination unfortunately..nt

[cascadiance]

62. Hmm... Why did the LBN thread get locked? As for Assange, I wonder where he's keeping his...

documents in safety to be released if he were to be somehow "ended".

That's the typical way many whistle blowers protect themselves from being outed.

But that would imply that he would have some sort of safety deposit box in a bank to do this. But if he's attacking the banks and hasn't specified which one he's going after, I wonder what each of them are doing with any safety deposit boxes he might have?

I was thinking that keeping an open threat like this through the holidays was insurance for him to not get outed, but one wonders what the banks will do to "cover it up" if he's outing one of them. Perhaps each one will check to see if he's got a safety deposit box with them to see if they might be "safe". On the other hand, perhaps he's playing games with them and putting safety deposit boxes in with each one of them. Then he can check at the time he announces which bank he's targeting who's "messed" with his box as a signal that he should go after them next!

[Kaleko]

89. Assange has encrypted Insurance files that can be downloaded

by everyone who has been given the encryption code. This ensures that the files will be released as soon as Assange goes missing for a specified amount of time.

[laughingliberal]

96. I'm fairly certain he has sense enough that any safe deposit boxes he may have are not traceable...

to him. However, I suspect he has layers of insurance. #1, I expect the key to the insurance file will be released publicly on the internet if any ill fate should befall him. I also expect he has many surrogates with flash drives all over the world.

They would be well advised to leave him alone.

[Joe Chi Minh]

137. It strikes me - perhaps foolishly - that he would simply hide whatever stuff he needs to,

in a place people are very, very unlikely to look. The Aussie outback, mostly sand, for example, would be quite large to sift through. Like a continent. Perth, WA is further from Sydney, NSW, than London is from Moscow.

[cascadiance]

142. I still wonder if he's going to play games to see if "interested" folk can be trapped...

... into trying to find his stuff, and then he'll go after them.

He's probably got it in MANY places and many places that would be very hard to find.

[DeSwiss]

63. K&R

Go underground Julian. And stay there.

[MadHound]

64. Julian presumes too much

Nothing will be done, no matter how outrageous and illuminating the information is. He is already discredited amongst the MSM noise machine and anything he reveals will likewise be discredited.

[laughingliberal]

99. I think it's too late to discredit him. And if nothing is done, more eyes will be opened to the...

absolute corruption of the influence of corporate money in our government.

[Joe Chi Minh]

138. .... in whose eyes, pray? Do you think the public would be more likely

to believe his adversaries more than him? Do you think most people believe JFK was shot by a lone gunman?

Of course, the public is largely, if not entirely, impotent to challenge them even when they know the truth. But is it not you who are being presumptuous, particularly given the rolling economic cataclysm we face? We are living "in interesting times" - hence the cranking up of the panoply of a police state.

[HCE SuiGeneris]

65. Net recommendation: +99 votes (Your vote: +1)

Just saw Inside Job. Some accountability would be a nice result of further exposure of their corrupt practices.

[Initech]

66. I've got 2:1 odds it's Goldman-Sachs.

[rucky]

123. My money's on Shitibank. n/t

[Javaman]

70. Next up: US Gov't claims Assange is an Alien that abducts children.

and has proof which will be provided by Goldman Sacks.

[Turborama]

75. I think you mean eats...

...not "abducts"? Or will it be "abducts and eats"?

[ohheckyeah]

80. AND he eats kitties. n/t

[defendandprotect]

78. We need to expose the huge amounts they're making from DRUG $ laundering ...!!!

[FourScore]

82. This I can applaud! n/t

[mackerel]

83. Revealing the truth about the banks...

I so hope it's in time for Christmas!

[David Zephyr]

87. Excellent.

.

[laughingliberal]

94. Big K & R. nt

[OneGrassRoot]

97. Expose banks and Wall Street, expose M$M....THAT would be awesome. n/t

[SkyDaddy7]

98. I have to ask this question!

Does Julian Assange have any security at all protecting him or covering where he is at all times? Because I fear he has made more enemies in the highest places of government & now it appears the private sector than any human being that has ever walked the earth...And that is not an exaggeration!

[obxhead]

101. but, but, but, we gotta protect Obama... waaaaaaaaaaaaaa

Good for them. Let it all come out and anyone it hurts while rolling over them be damned!

[crikkett]

103. Now *this* is what I expect from an Enemy of America.

:applause:

Take that, Wikipedia.

[kgnu_fan]

105. Micheal Moore and Julian Assange --- brave enough to reveal the scam of "Capitalism"

[KittyWampus]

107. And this will have as much impact as the Enron tapes about screwing Granny.

[laughingliberal]

113. The tapes exposing Enron's screwing of Granny did have an impact.

That impact was the precise reason Gray Davis was taken down and the Governator was installed. One of his 1st priorities was dropping the $9 billion lawsuit CA had against Enron.

It also probably helped convict Ken Lay who, as you may recall, conveniently 'died' before he had to go to prison.

I see where Holder has revealed we are investigating Wall Street for criminal charges. I'd think they'd be happy for the help.

[LiberalArkie]

109. After all the U.S. Gov is a subsidiary of Goldman Sachs

[Joe Chi Minh]

139. ... just subcontractors. Don't exaggerate.

[femrap]

114. I wish we didn't have to wait

until next year.....:popcorn:

[katty]

119. B of A?

[Clear Blue Sky]

120. Then again not, if they have been cyber-terminated...

[skyounkin]

121. Bwahahahahaha!!

“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,”

Yeah, right....this country won't give a shit, they'll sigh and change the channel to watch bristol palin on whatever reality tv show she whores herself out to next.

[Hannah Bell]

122. all the major financial firms & banks are corrupt, & there's already enough public info to prove it.

[ProudDad]

125. Hoping for BofA or Sachs (n/t)

[beforeyoureyes]

126. You would think the government would WANT to know about this...

...but given that it is run by banksters and Geithner....

of course they don't.

[valerief]

128. Me sees another 9-11 coming to usurp any media coverage of it. nt

[WillyT]

131. GOOD !!! - K & R !!!

:kick:

[Catherine Vincent]

134. Now would be a good time to donate...

http://wikimediafoundation.org/wiki/WMFJAcontrol/en/US?utm_medium=sitenotice&utm_campaign=ControlBanner&utm_source=2010_JA1_Banner3_Control_US&country_code=US