Financial Giants Put New York City Cops On Their Payroll - This isn't the 1st time for Citibank

[1776Forever]

Financial Giants Put New York City Cops On Their Payroll
October 10, 2011
by PAM MARTENS

http://www.counterpunch.org/2011/10/10/financial-giants-put-new-york-city-cops-on-their-payroll/

Videos are springing up across the internet showing uniformed members of the New York Police Department in white shirts (as opposed to the typical NYPD blue uniforms) pepper spraying and brutalizing peaceful, nonthreatening protestors attempting to take part in the Occupy Wall Street marches. Corporate media are reporting that these white shirts are police supervisors as opposed to rank and file. Recently discovered documents suggest something else may be at work.

If you’re a Wall Street behemoth, there are endless opportunities to privatize profits and socialize losses beyond collecting trillions of dollars in bailouts from taxpayers. One of the ingenious methods that has remained below the public’s radar was started by the Rudy Giuliani administration in New York City in 1998. It’s called the Paid Detail Unit and it allows the New York Stock Exchange and Wall Street corporations, including those repeatedly charged with crimes, to order up a flank of New York’s finest with the ease of dialing the deli for a pastrami on rye.

...In April 2001, I, (Pam Martens), was arrested and incarcerated by the NYPD while peacefully handing out flyers on a public sidewalk outside of the Citigroup shareholders meeting – flyers that warned of growing corruption inside the company. (The unlawful merger of Travelers Group and Citibank created Citigroup and resulted in the repeal of the Glass-Steagall Act, the depression era investor protection legislation that barred depositor banks from merging with high-risk Wall Street firms. Many of us from social justice groups in New York City had protested against the repeal but were out maneuvered by Wall Street’s political pawns in Washington.)

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I urge you to read this article written by Pam Martens:

Pam Martens worked on Wall Street for 21 years. She spent the last decade of her career advocating against Wall Street’s private justice system, which keeps its crimes shielded from public courtrooms. She has been writing on public interest issues for CounterPunch since retiring in 2006. She has no security position, long or short, in any company mentioned in this article.

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[OHdem10]

1. So nervous and scared they have to hire their own private police

force????

[1776Forever]

2. I would love to hear Jeremy Scahill on this one - sounds so familiar doesn't it?

"Military backgrounds; paid NYPD 24-7; checkpoints; vehicle barriers?"

[1776Forever]

3. Kick for morning readers - Take a look at this! n/t