Watching the reaction to Edward Snowden’s revelations has been entertaining to say the least. Almost every media personality I’ve observed speak on it either talks about how they don’t trust him, or prefaces their concerns over the message with an obligatory swipe at the messenger. The latter often includes a shot not just at Snowden but at Glenn Greenwald, the UK Guardian journalist who brought the material to light.
It seems a bit over the top. Snowden and Greenwald appear subject to a standard of accuracy and at times vitriol quite different than the one facing high ranking NSA and contractor personnel. There is reason to be skeptical of spies in general, but why the high ranking spooks who have been caught splitting semantic hairs, evading, and glossing over key details are not much part of the story, while every last thing Snowden says is scrutinized for the slightest inconsistency, is puzzling. Perhaps what we’re seeing is a secret version of something many reading this would identify with: the difference in the treatment, perception and motive for corporate bigwigs vs the observations of rank and file worker. [Read more...]
Back in the go-go 90s there was a claim made far and wide afloat the various divisions of Wall Street biggies were separated from the rest of the firm by a firewall. So, for example, the firm would never ever think about putting buy recs on dotcoms rocketing up the NASDAQ simply to pad enrich senior execs, or use info gleaned from ongoing deals to advise newer, prospective clients who happened to be in competition with existing ones, for such tacky purposes like getting lucrative M & A or underwriting business. It was a questionable claim at best, we didn’t learn just learned how questionable until the dotcoms turned into dotbombs.
With that conflict of interest in mind, here’s our for profit private national security overlords, bellying up for some sweet, cloak and dagger petro-dollars courtesy of the UAE: [Read more...]
If only these clowns were as slick as 007. But they’re beginning to look a lot more like agent 86 and there’s reportedly much more to come. In that vein the Guardian hosted an online Q & A with NSA whistle-blower Edward Snowden this morning, it’s a fascinating read. Here’s a few excerpts: [Read more...]