Wikileaks Could Sink These Stocks

[kster]

Wikileaks Could Sink These Stocks

By Alyce Lomax
January 5, 2011


If you've been ignoring the ongoing controversy around document-disclosing website Wikileaks, you might be making a big mistake. More and more companies now find themselves exposed in Wikileaks' revelations of behind-the-scenes dirty dealings, and the results aren't pretty.

Shareholders invested in honest, ethical companies have little to fear from Wikileaks' push toward true transparency. Everybody else had better watch their portfolios.

Tracking mud
For all the outrage voiced by folks in positions of power over the releases of classified U.S. diplomatic cables, there's a very good argument that in other respects, Wikileaks is picking up where old-fashioned investigative journalism left off.

Aside from the political content of many of Wikileaks' disclosures, they're increasingly revealing nasty tidbits about well-connected corporations as well. In fact, Wikileaks head honcho Julian Assange has announced that a big business will be his next target for exposure.


http://www.fool.com/investing/general/2011/01/05/wikileaks-could-sink-these-stocks.aspx

[panader0]

1. Bring it Julian! Quicker.

Those here at DU who don't support the Wikileaks about foriegn policy matters will probably not be against leaks that expose corporations. I support Assange. Didn't he just win some journalistic awards?

[Mojeoux]

3. The opinions in the comments on the "Fool" site were

a little more than half pro-Wikileak. The biggest allegation people seem to have is that they think Assange is an irresponsible ego-maniac.
Weak.

[cbdo2007]

2. All I know is if Fool says those stocks could sink - they'll probably actually rise.

Time to buy BA, Boeing, and Monsanto. ha haha