Archive for the 'Covert Operations' Category
Madoff’s “Auditing” Firm: Friehling & Horowitz, One Room Office, Three Employees
December 16th, 2008Via: Bloomberg: The auditor for Bernard L. Madoff Investment Securities LLC, whose namesake was charged in a $50 billion Ponzi scheme last week, is under investigation by the district attorney in New York’s Rockland County, a northern suburb of New York City. The New City, New York, auditing firm Friehling & Horowitz signed off on […]
SEC Didn’t Act on Madoff Tips
December 16th, 2008Imagine my shock. Friehling and Horowitz… Just where is that rabbit hole going to lead? Via: Washington Post: The Securities and Exchange Commission learned about what it describes as one of the largest securities frauds in history when Bernard L. Madoff volunteered his confession, raising questions about the agency’s ability to police the financial marketplace. […]
Thomas M. Tamm: Whistleblower
December 16th, 2008What Thomas Tamm has to say is interesting, but it seems like chicken scratch compared to what Russell Tice was trying to tell Congress. Via: Newsweek: In the spring of 2004, Tamm had just finished a yearlong stint at a Justice Department unit handling wiretaps of suspected terrorists and spies—a unit so sensitive that employees […]
The Desperate Final Hours of the World’s Biggest Ever Financial Fraud
December 15th, 2008UPDATE: Madoff Claims to Have Acted Alone Impossible. It’s like I said when the news first broke. He’s trying to stay alive. This one goes all the way up the ladder. One wrong word and he’s dead, his family is dead, etc. He knows it. He’s sticking to a script. For the first time, I’m […]
Obama’s Economic Team Planning for Global Economic Collapse
December 13th, 2008“There’s going to be a crisis come along on the 21st or 22nd of January that we don’t even know about right now.” —Colin Powell, October 2008 Mmm hmm. Via: The Atlantic: It’s quite unsettling to talk to members of Barack Obama’s transition teams these days, especially those who are helping with the economics portfolio. […]
Fed Refuses to Disclose Recipients of $2 Trillion in Lending
December 12th, 2008Well, any guesses as to where this $2 trillion went!? Via: Bloomberg: The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral. Bloomberg filed suit Nov. 7 under the U.S. Freedom […]
Former Chairman of the Nasdaq Stock Market Ran $50 Billion Hedge Fund as Ponzi Scheme
December 12th, 2008I couldn’t make it up. I routinely use the term Ponzi Scheme to describe financial matters, but this one takes the cake for sure. How many more hedge funds are Ponzi Schemes? I know. I know. The peanut gallery will howl, “All of them.” Seriously, how many of them are no shit, top to bottom, […]
One of Two Indian Men Arrested in Connection to the Mumbai Attacks, “Was a Counterinsurgency Police Officer”
December 7th, 2008Via: AP: One of the two Indian men arrested for illegally buying mobile phone cards used by the gunmen in the Mumbai attacks was a counterinsurgency police officer who may have been on an undercover mission, security officials said Saturday, demanding his release. The arrests, announced in the eastern city of Calcutta, were the first […]
Julius Baer CEO: Suicide
December 5th, 2008Oh sure. See the Wikileaks data on Julius Baer. Via: Reuters: Alex Widmer, the chief executive of Bank Julius Baer and a well respected figure in Swiss private banking, has died unexpectedly at the age of 52, the bank said. A source told Reuters he had been informed by close friends of Widmer’s family that […]
AFRICOM China and Congo Resource Wars
December 2nd, 2008Via: Engdahl: If France was the covert target of US ‘surrogate warfare’ in 1994, today it is clearly China, which is the real threat to US control of Central Africa’s vast mineral riches. The Democratic Republic of Congo was renamed from the Republic of Zaire in 1997 when the forces of Laurent Désiré Kabila brought […]
