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itsderek4realDec 2, 2010
Yes, do it Julian! I support you and the entire WikiLeaks team and applaud your efforts!! Public knowledge is the only thing that can keep government from abusing its' powers.
itsderek4realDec 2, 2010
Oops, government AND big business is what I meant. If I had more than 90 secs to edit my post then I won't have had to write this...... (hear that Digg?)Comment is buried, click here to see the rest.
davidtcDec 2, 2010
So it took you 23 minutes to make a reply cause the edit time is only 90 seconds?
itsderek4realDec 2, 2010
i gotta lotta windows open what can i say, i'm easily distracted
ScienceTrumpsReligionDec 2, 2010
the point is still valid
go back to 3 minute edit times!!!
guillauweDec 2, 2010
I think it's a possibility!
kingitDec 2, 2010
What if the government was running wikileaks and just painting us a nice picture with all these confidential files?? that would be weird.
duphregne79Dec 2, 2010
Sure it can. Why not?
jahojalalDec 2, 2010
I think these leaks are intentional - otherwise how can someone leak this classified information so easily
jahojalalDec 2, 2010
I think these leaks are intentional - otherwise how can someone leak this classified information so easily
davidtcDec 2, 2010
With some Lady Gaga CDs and a memory stick.
bdbrDec 2, 2010
With the government data, it was *intentional*. It started because there was a fair amount of intel related to the 9/11 attack, but data was so compartmentalized that no one had a complete picture. New systems were put in place to make more data available to more people (even though this also increased the risk of leaks).
As the article pointed out, corporate data is much more rigorously controlled (particularly at banks).
drmangrumDec 2, 2010
It's not all that hard to have information leaked. The entire system is based on trust: they trust the custodians and consumers of data to protect that data. If someone has it in their mind to give that data away, there's not a lot that can be done about.
It would be child's play for someone with access to walk into an intelligence center with a memory stick, surf Intelink, save data to the memory stick, and walk out.
Of course, if someone does violate that trust and purposefully leaks info, that's their ass.
njdoo7Dec 2, 2010
No it's not... please spare us your explanation of how easy it would be when you are not a computer security engineer. Anytime classified files like the ones being leaked are copied from their source location an audit trail is created.
zephyrprimeDec 2, 2010
Yeah but it happened so obviously it can be done. The leak is known so maybe the audit trail is not effective if the leaker is willing to take the bullet in the end.
njdoo7Dec 2, 2010
How do you know for a fact that people within the government aren't selectively funneling this information to Wikileaks for certain political purposes? Nobody knows for sure, and this a very strong possibility.
Let's assume for sake of this discussion, that the leak was in fact real and not a psychological operation. If the government has standard computer security measures in place for the type of secrecy they generally practice, the leak did not take place as described. An audit trail would be left, making it easy to catch the offender. The second you copy the file to your drive/disc it would be logged. The only people who would 'easily' be able to leak this information, would be higher ups..not someone like Bradley Manning or a janitor.
lbuchaDec 2, 2010
But Kiefer Sutherland told me it's the Bank of Opportunity
stealthspcDec 2, 2010
Sucks getting busted doesn't it big banks? Don't be an assh**e next time because sometimes information leaks out and you bet your ass we're going to hold you accountable for whatever it is.
Deal with the consequences.
njdoo7Dec 2, 2010
The banks wield enormous power over the government, and thus the people. The banks loan the government all their money to fund deficits...the politicians spend the extra money they borrowed to buy votes...banks give the politicians orders, not the other way around.
Goldman Sachs was being investigated by the SEC for swindling investors out of $6billion dollars, and the SEC settled for 550million with goldman admitting no wrongdoing. Must be nice to steal and pay a 10% penalty on the profits.
This is just one of many examples. The bailouts should be all one needs to grasp this.
duncan202Dec 2, 2010
Not likely... I mean don't most people already hate them and think they're shady?
minija2010Dec 2, 2010
Disclosure of the information or even rumored to have a substantial impact on the stock market. Who can deny that there will always be individuals or groups who would benefit?
jimbodeenieDec 2, 2010
Headline should have read; "Can Wikileaks bring down a banks stock price?"
Fact of the matter is that bad press on Wall Street does not change the fact that people work to build wealth, businesses work to build wealth, and governments work to build wealth. Wall Street (or some other equivalent on a world stage) is necessary for wealth building, otherwise we would have to pay hard cash for our homes, business investments, research and development, etc.
Hopefully building awareness to realities and holding the big banks accountable could be a success for any information that is revealed.
dratmanDec 3, 2010
I don't think anyone would deny that the world as we know it needs functioning banks, stock exchanges, money markets and commodity trading. They are absolutely essential. It's the derivatives and shady products that bother me. Does the world really need sliced-and-diced mortgages? No, it doesn't. Such products only came into existence when there was a shortage of exciting, leveraged investments available to meet investors' demands for alternatives to cash.
In effect, the mangled mortgages and credit default swaps were used to shift potential inflation from the outside "real world" into the shady, red-light district of financial products and schemes. Naturally that process could not go on forever.
jimbodeenieDec 3, 2010
I agree dratman! If you have not yet read it, you should read The Big Short by Michael Lewis. Fantastic book that explains the entire collapse and the digs into the ammunition that was used (CDS's, Synthetic CDO's, etc.)
Only issue I have with your comment is the use of the word derivative. Options, options on futures and futures contract and many more types of instruments are derivatives and yet are not anything remotely close to the weapons of mass destruction that were used in the mortgage collapse and the ensuing market turmoil. Options and futures are traded on exchanges and overseen by regulatory authorities. They are quite useful in the market operation but get a bad name in that word "derivative".
dratmanDec 4, 2010
Well, I was wondering about that. I don't know the exact definition of "derivative." Certainly just the process of buying or selling an option on some traditional security or commodity contract does not sound dangerous to me. I didn't realize those too were called derivatives.
Is there a general term that describes the sort of instruments you call "weapons of mass destruction"?
silentspyderDec 2, 2010
He should just release it now, before he gets locked up.
johnoshagDec 2, 2010
Oh no, say it isn't so. Corruption on Wall Street and in the American Banking system? Who would have known....?
Truth is that the facts have been there for a long, long time yet people seem disinterested in knowing about it. I hate to call people stupid but if method of corruption is long and confusing then the average person doesn't understand it. Their eyes glaze over and loose interest in the story.
Banks/Wall Street count on this!
isuzu14bDec 2, 2010
Why oh why does he give the banks a chance to put in place damage control a month or more ahead of time?
Give a few days notice, maybe a week. But over a month? Im sure all the banks are going to be preparing diligently for whatever may be exposed.
thegreatone85Dec 2, 2010
Taking on the front known as government is one thing. Taking on their corporate banking masters will be a lot tougher.
roy5000x2Dec 2, 2010
If they do, it'll suck for every single person that worked for the bank, had a project funded by the bank, or receives some form of money from the bank (loan or interest). The positives of what the banks do always gets lost in the talk of corruption and scandals. The implications of a massive bank being quickly and suddenly taken down are massive. Don't say I didn't warn you.
Closed AccountDec 2, 2010
Isn't that some sort of reverse blackmail. Couldn't a world famous CEO who is found to be a murderer let off the hook because "thats stuff he did a week ago." and think of all the good he's doing now.
Sorry you still have to pay for your past transgressions, and for workers and recipients of loans, most of the time don't know when they should have gotten out (Enron) but this time they know the bank is filthy and if they are still in bed with them, I'll feel as sorry as I would for them if they were businesses supported by the mafia after a recent leadership crackdown.
hekisei4795Dec 2, 2010
Corruption on Wall Street and in the American Banking system?
angusmDec 2, 2010
And what exactly is WikiLeaks going to reveal? That Wall Street is full of cynical criminals who will cheerfully trash the national economy in order to feather their own nests? Because as far as I know, that isn't exactly news and so far there hasn't been any sign of the American people rioting in the streets over it.
roddackDec 2, 2010
In fairness the American People pretty much can't recall what happened last month let alone years ago. Apathy is our middle name for the most part
hafcoolhafcrazeDec 4, 2010
Exactly, if this was such a "big revelation", then the people would be responding. But they aren't, so who cares
elsadisticoDec 2, 2010
Keep up the good work Assange!
lostinseganetDec 2, 2010
More truth than the public can handle? "You can't handle the truth!"
dratmanDec 3, 2010
I think, broadly speaking, that Mr. Assange is doing the right thing. He will probably regret this later, from a prison cell, but for now he displays courage and the determination to do the right thing as much as possible.
grumpyoldmanDec 3, 2010
Time to shine a bright light on all the c**kroaches!
asadzeeshan1Dec 3, 2010
Yes it can as Americans and CIA exposed
hafcoolhafcrazeDec 4, 2010
Leave it to the politicians, the dumbest people in our professional society, to forget that anyone might be listening to them at any moment.
I wish it weren't so, but it is, and shame on them for being so clueless
hafcoolhafcrazeDec 4, 2010
Everyone forgets that the banks don;t care if the people don't like them. They forced trillions in bailouts, which should of led to a french revolution here, and there was no response at all.
We are a pathetic population that is very spoiled
yiyDec 4, 2010
Whatever it is, I think it is time for the Bank to crush down, in case anyone of you doesn't know how the bank system work which the American inheritated from the British. Please go back to learn Recession history and learn how the american bank manupulated people and put them in debt. When the whole country once out of debt! It is definately time to crack open this evil work.
bowwowbillDec 4, 2010
Bring on the transparency!
abwoonDec 5, 2010
I have a mortgage with BOA. Do I want to hear this? Can't we all just keep our head in the sands? It's so comfortable.
abwoonDec 5, 2010
I have a mortgage with BOA. Do I want to hear this? Can't we all just keep our head in the sands? It's so comfortable.
rolf58Dec 6, 2010
Go Wikileaks Go !!!
rolf58Dec 6, 2010
There is already information out there that should "bring down Wall Street".... :
http://www.youtube.com/watch?v=lXb-LrVkuwM
... the problem is that most people are to ignorant and idiot to care....