Is Probable WikiLeaks Target Bank of America Being Haunted by the Ghost of Lehman Brothers?

[marmar]

from Vanity Fair:




In an interview with Forbes earlier this week, alabaster bête-noire Julian Assange, WikiLeaks’s commander-in-chief, said that the Web site’s next document dump will involve a large U.S. bank. The leaked information, scheduled for wide release in 2011, will “give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms,” Assange said, also promising that the missives would include examples of the sort of “flagrant violations” and “unethical practices” allegedly pervasive at the American bank.

While the tight-lipped transparency advocate declined to specify the particular bank, The New York Times’s DealBook blog observed that in a 2009 interview with Computer World, Assange said the WikiLeaks team was currently “sitting on 5GB from Bank of America, one of the executive’s hard drives.” DealBook estimates that 5GB of data is the equivalent of approximately 600,000 pages; our own calculations suggest that the “megaleak” is simply five-eighths of an iPod Nano. In a statement, Bank of America said that it was already aware of Assange’s claim but noted that the company has “no evidence that supports this assertion.”

Of all the banks in all the world, why Bank of America? And why now? A theory:

Bank of America is being haunted by the ghost of Lehman Brothers, the extinct investment bank that’s come back from the dead in order to attend to some unfinished business. Recall that in September 2008, Bank of America passed on purchasing Lehman Brothers, which was rapidly headed toward bankruptcy. Lehman, left without a buyer, collapsed, only to return years later to cause trouble for its one-time prospective savior. ...........(more)

The complete piece is at: http://www.vanityfair.com/online/daily/2010/12/is-probable-wikileaks-target-bank-of-america-being-haunted-by-the-ghost-of-lehman-brothers.html

[ljm2002]

1. Very interesting article...

...although I must admit my favorite phrase occurs right at the beginning: "alabaster bête-noire Julian Assange"

:rofl: :rofl: :rofl: :rofl: :rofl:

K&R