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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNSA data could be most useful for connected types on Wall Street.
Last edited Mon Jun 10, 2013, 11:50 AM - Edit history (1)
The "Take" could be very, very, large. And, after it's sifted, make for a very, very large payday.
Gosh, maybe financial success isn't determined by hard work or who you know. It's just what you know and when you learn it.
CIA moonlights in corporate world
By EAMON JAVERS
Politico, 2/1/10
In the midst of two wars and the fight against Al Qaeda, the CIA is offering operatives a chance to peddle their expertise to private companies on the side a policy that gives financial firms and hedge funds access to the nations top-level intelligence talent, POLITICO has learned.
In one case, these active-duty officers moonlighted at a hedge-fund consulting firm that wanted to tap their expertise in deception detection, the highly specialized art of telling when executives may be lying based on clues in a conversation.
The never-before-revealed policy comes to light as the CIA and other intelligence agencies are once again under fire for failing to connect the dots, this time in the Christmas Day bombing plot on Northwest Flight 253.
SNIP...
But the close ties between active-duty and retired CIA officers at one consulting company show the degree to which CIA-style intelligence gathering techniques have been employed by hedge funds and financial institutions in the global economy.
The firm is called Business Intelligence Advisors, and it is based in Boston. BIA was founded and is staffed by a number of retired CIA officers, and it specializes in the arcane field of deception detection. BIAs clients have included Goldman Sachs and the enormous hedge fund SAC Capital Advisors, according to spokesmen for both firms.
CONTINUED...
http://www.politico.com/news/stories/0110/32290.html#ixzz0eIFPhHBh
Certainly doesn't seem like a transparent process to 99-percent of us.
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NSA data could be most useful for connected types on Wall Street. (Original Post)
Octafish
Jun 2013
OP
Nice to see no honor among thieves is still the height of Wall St's moral compass. nt
raouldukelives
Jun 2013
#2
Octafish
(55,745 posts)1. Here's who and what I'm talking about.
Most of the wealth in history has, somehow, ended up in the pockets of GOP fatcats and friends.
[font color="green"]"In 1985, the top five percent of the households, wealthiest five percent, had net worth of $8 trillion, which is a lot. Today, after serial bubble after serial bubble, the top five percent have net worth of $40 trillion," he explained. "The top five percent have gained more wealth than the whole human race had created prior to 1980." -- David Stockman[/font color]
SOURCE: http://www.cbsnews.com/stories/2010/10/28/60minutes/main6999906_page4.shtml
And to think there are kids in America who would go to bed hungry every night if they had one.
raouldukelives
(5,178 posts)2. Nice to see no honor among thieves is still the height of Wall St's moral compass. nt
antigop
(12,778 posts)3. Thanks, Octafish. Keep exposing these guys! nt