tv [untitled] March 9, 2012 8:30pm-9:00pm EST
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just a few of the stories that we have in store for you next week along with more news and in-depth interviews keep it tuned right here to our t.v. but for more on the stories we cover go to argue dot com slash usa or you tube dot com slash our team america and you can definitely follow me on twitter at christine have a great weekend. you know sometimes you see a story and it seems so for like sleep you think you understand it and then you glimpse something else hears you some other part of it and realize that everything you thought you knew you don't like tarp was a big. news
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today violence is once again flared up. these are the images the world has been seeing from the streets of canada. chunk operations through the day. i am asked as are this is the kaiser report trickle down. in the cold ok let's start with stacey erb rick yes max who are seeing financial crimes all over the place right well the feds have apparently acted they are able to act six charged in federal crackdown on happening by anonymous alone sex groups.
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so sabu we know of a lull psych member admitted to hacking sony and also the computer system used by fox broadcasting company rupert murdoch's news corp according to u.s. authorities so sabu and these other defendants face as much as one hundred twenty two and a half years in prison according to the judge involved in this case yeah well what about the packers who hacked into m.f. global accounts but what about the hackers that hacked into the live or business multi owner trillion dollar business they hacked into little goldman sachs they hacked into greece destabilize the country were the penalties for these people exactly because all these guys are targeted with most of these cases in the sony and fox case that they just basically took down the site and they took some e-mail addresses and passwords ok that's the extent of it now who got involved with the feds the f.b.i.
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and with them apparently it looks like from the time line that they in fact hacked strout four and then the feds encourage them to use the credit card information they stole and use that to purchase seven hundred thousand dollars on these credit cards so that is a financial crime but a seven hundred thousand dollars where are the same thing where is rupert murdoch in jail why isn't he facing one hundred twenty two years because according to u.s. attorney preet brought haar said in a statement the six defendants and their identify coconspirators we need a deliberate campaign of online destruction intimidation and criminality as you and i covered in our episode about the data and just feel complex this is exactly what rupert murdoch's enterprise does but there's a lot more hackers that they're going to seek a remedy where they have to give back the money they stole that's it the profits they made ok so here you have the group apparently they. responsible for missing
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seven hundred seventy thousand dollars so the penalty should be they give it back right exactly all they profited from it ok so where's the double standard double standard is because the hollywood industry the m.p.a. the our i am they have millions hundreds of millions of dollars i work for lobbyist in washington the consumer protection bureau the consumer protection lobbyist protecting people from predatory bankers don't have any money i work in washington so you clearly see really clear how the the laws are written by the lobbyist these people who are for the copyright cartel they write the laws that put this guy in prison for a hundred years hundred twenty years the people who hacked into life or goldman sachs hacking into greece and have global getting hacked into by j.p. morgan and those laws are were they write the laws for themselves or they simply get paid maybe a little bit of a fine they don't have to say whether they're guilty or not and everything is hunky dory and you mentioned m.f. global hacking into their client funds remember we covered that as well and e-mail shows that. it was the how it literally was a hack that happened of
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a segregated accounts the transfer of millions of dollars from the segregated account to j.p. morgan and it happened with the approval came within a minute the funds were deposited within fifteen minutes how is that not a hack except with a couple of martinis down harrison and over after work and you know they cibola we need to hack a hundred million dollars one hundred fifty billion dollars or three billion dollars cura cheerio tome ok so i mentioned that who has admitted that he hacked sony so sony and anonymous are in the same headline here p.s.v. to add phones anonymous as atari teenage riot donate feed so sony has inadvertently found itself funding free a nonstop org after band of tar eighteen a dry agreed to one of its tracks being used in a p.s.v. the marshall but still needed to see the anonymous legal support group so alex empire of atari teenage riot has some history with sony which i'll go over in
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a moment but he said he couldn't resist suggesting track black flags when a japanese company came looking for music for its new v to advertising campaign the song contains multiple references to anonymous and has been used in several occupy wall street promotional videos but the other fly in the black side it's pirates versus the old and the potentates of the copyright cartel and this is what these to be supported because the hacker groups of piracy groups they are filling a void that's been created by the legal infrastructure collapsing in the face of lobbyists who are working on behalf of the top was undercutting competition partners and pirates are providing much needed competition for the economy to grow worse the response from the central banks of the other banks is just increase the good load to make the economy grow that doesn't make the economy grow makes the economy shrink hackers and pirates are the true g.d.p. posters they're the ones we should celebrate this capital second. there is
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a rose that i wanted to turn to this blog posting from alec empire of atari teenage riot and he's explaining why it is that he was donating his fee to protecting and defending anonymous operatives who were arrested he said my name is alex empire and i am from atari teenage riot if you were new to my news they call me as a person you might not know that i had some beef with sony in the year one thousand nine hundred nine over a camcorder advert in southeast asia a track of mine was basically used against my permission if you ever tried to fight a corporation like this in court and in another country let me tell you you want to do all this stuff with that time and money even though the thing got settled in court kind of i never felt they paid what they owed so sony corporation was able to hack this man's music take his stuff and use it on an advertisement and then he had to go through all the huge costs and emotional turmoil of trying to take them to court and yet had he done the same to them as did the story teenage riot
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alec empire would be facing one hundred twenty two years in prison right what you hear from the sony corporation and other in the copyright cartel is that they're for artists they're for the music they want to help these people but in fact now the artists realize that they're not helping them they're helping to destroy them another flooding back using the tools of piracy and the online digital revolutionary tools to fight back against these pernicious ugly monopolist cartel purveyors like sony and others in the industry and they're not helping the artist there and type artists artists let's get that clear hollywood hates artists in los are able to exploit them and take all the money we're going to give and if anything in return now we're going to turn into a band fighting back against these tollbooth operators who are using them as propaganda to try to tell the world that we need these onerous copyright laws that we need the feds chasing down people around the world. order to defend the young
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artist band tells fans to boycott its albums saying its label doesn't pay this is streetlight manifesto their music is off and they're going to be on the kaiser report soon and they said we're writing today to ask you to please boycott all streetlight related items by not purchasing any of our records or merchandise from victories website victory records and the traditional cd stores online third party retailers or any digital distribution service like i tunes amazon exciter victory has a long time reputation of pocketing all of the proceeds from the band's music and merchandise with shady accounting and generally bulliest behavior if you want to support our music and our ability to tour and continue to release music please make all s.m. related purchases from our own web store the risk store r i s c store dot com or come out to a show and buy a shirt or cd from us directly right struvite manifest realizes that they're fighting a copyright blockade there are this they want to get paid but the copyright blockade
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the copyright cartel is making that impossible so they're all going to go around the blockade and we should support all of these bands at both of these artists to totally destroy the copyright cartel copyright law as it's currently iterated lifetime plus seventy years is immoral and it's completely economically unfeasible and these people these bands these artists are going to take their own the copyright cartel were clearly supporters and just as alec empire of atari teenage riot was when he was confronted by people who said oh you're just doing this in order to sell more c.d.'s he said no i'm not here's a link to the bit torrent of my song if you want to go download it ok and the same with streetlight manifesto they and speaking of bit metaphorically there is a torrent of methods to accomplish listening to our music and google is you're always. loyal friends right the torrent market and you know we talked about louie
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c.k. is an artist in new york and comedian who put is cossar up on a torrent for free download and asked for people to donate and he raised over a million dollars because there's a huge pool of capital out there what's called crowdfunding which allows people to help get around this copyright blockade being set up by the m p a r i a friendly stooges in los angeles and washington now again speaking of authors here's the story we're also going to be speaking to some of the people involved in this author's strike back against pay pal censorship of smashwords smashwords is an online e-book retailer and they basically allow anybody to upload their own content and sell their books now there's a section of erotica which you know might not be in everybody's you know they might think it's a bit too racy or whatever but smashwords in an e-mail to the subscribers explains
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that pay pal has asked them to take down two thousand titles from the erotica section and they said we believe it's wrong for credit card companies banks and other financial institutions to censor legal fiction we believe the censorship is targeting a small subset of iraq a fiction the same censored themes are prevalent in much mainstream fiction we believe it would be unfair to authors or readers alike for any organization to censor what writers are allowed to imagine what readers are allowed to read if the pay pal restrictions were taken to the extreme many mainstream classics including lolita or gone with the wind could technically be banned even the bible could fall under the net since it contains scenes of rape and incest right remember paper was one of the first to jump in on the wiki leaks blockade which shut down funding for wakey lakes and shut down a major voice independent voice freedom of the press and this was unbelievably. immoral and completely out of their men. date as
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a corporation and now they've extended it to just cherry pick items that they like they don't like this is erotic the next thing they'll be saying well this author you know we don't like the his syntax you know we get frank rich of the new york times review the books he doesn't like it so we're not going to be able to provide a paper this is why alternative currencies like bitcoin are on the rise because again it's a way to do a work around around the blockade by this fascist pay-pal nonsense and i want to cut to the final hacking story here goldman secret greece alone tries to sinners as client unravels greece a secret loan from goldman sachs was costly mistake from the start on the day the two thousand and one deal was struck the government of greece owed the bank about six hundred million euros more than the two point eight billion euros of power owed by then the price of the transaction a derivative that disguised the loan and that goldman sachs persuaded greece not to test with competitors had almost doubled to five point one billion euros place
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a grace blew up twenty five percent of greek g.d.p. in one day and one day it was it accounted for twelve percent of goldman sachs its profits that year but this was greece is nine eleven the day they met goldman sachs it was them hacking the sovereignty and the future of the nation of greece penalties no martinis yes say sarah thanks much mainly because a report thank you max don't go away much more coming away so stay right there.
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welcome back to the kaiser reports right now to go to new york city and speak with journalist terry bull of kerry bull dot com kerry is crowdfunding for next big piece of investigative journalism terry bull welcome back to the kaiser report prime x. is great to be here all right terry bull you're a journalist who has published in many major publications in america and your latest base is being crowded funded why you know max say to say that it was time to ask the readers what they wanted to see and pay for. this is my first time to try to crowd find a story and it's been an amazing success i have the chance to choose my own editing style and the way that we're going to present this story based on reader feedback we're going to focus on in new canaan trader who is one step beyond. by the c.c.
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in the c.f. t.c. who's now doing some maybe shady operations overseas we're going to look at how that money we're talking millions lost a lot some millions how that money is funding his alternate sex life ok so the title of the piece is so when you came in and it goes by the symbol swing it's on my film if people want to help us appreciate it crass lending your piece so get into some of the particulars here it sounds pretty sexy. let's just say when i tell anyone about this story they just want to hear more of this story first started though when mitch vance closed the new canaan trade or when and turned in his personal assistant his go friday for stealing one hundred seventy thousand dollars from him. she was arrested two she's currently charged on some felony charges when she got caught she told the new canaan police that you know he was
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actually paying her to have sex with him and his live in girlfriend piano. pamela's the sister of pain inside trader who's now in jail daniela chassis so we first saw this story and it was reported i think the headline was like sex and checks right and i noticed that there was probably something a little off about the trader story. so right now what we're looking at is who's telling the truth did she really steal was he paying her for sex for greece sums and you know he just doesn't want to admit it what else is going on here and how is money used is he lying to the new canaan police this story was highlighted by john carney at c n b c net net in early january we i had i don't know fifty thousand unique ewers read it within the first twenty four hours and from there it snowballed more people just kept reaching out to me within the community people who had sued. nature has closed over seas expression and police because they believe
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that as a client of his trading operation g.c.a. trading that they've lost the last thousands of dollars. there is x. assistants who have come to me. political leaders in the town and you canin are reaching out and talking about the situation and we looked into you know what's really happening there how long has this been going on how long has this bedroom wall street wealthy community been having a very active sweet life right let's put this into context or because people assume that all of the chicanery in the financial markets and banks that occurs on wall street where people don't understand is that actually wall street for the most part are order takers the real movers and shakers are the hedge fund guys in greenwich connecticut in new canaan in this hedge fund community so this is why i think it's important for people to understand that these says fund guys when they're not ransacked in greece where they're not destroying the american economy when they're
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not destroying mr palin's when they're not you know acting outside of the last stealing money from customers of m.f. global they're out there and came in they came to connecticut ordering threesome sobbing orgies you know living it up like rome or something like this tell us about . your investigation now the subject of the investigation is trying to silence you correct how they've done this you know you're right. at the end of january max nitschke found squares hired a famed greenwich lawyer his name is mark sherman his father used to represent the mob unfortunately he his dad also played guilty to tax evasion he didn't pay a million dollars in taxes so so he hires this kind of you know in between the grail lines attorney and they sue me and see n.b.c. for defamation. they disown thing else really where in a legal move they do something called a temporary injunction and the goal there was that mr vast close thought he could.
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just start me from writing anything else about him while this case which will still take months to litigate is moving forward they also try to get him to take his names out of the stories something called a google tag so he wouldn't come up in a search and i mean it's our ages ago so if the foundations of free speech to stop speech before speech has ever been decided that the speech is ok but it is called the harvard digital media law center they jumped right in immediately they were wonderful it did take about two weeks but they found me a top lawyer pro bono which means for free to represent me the lawyer carroll head is from being him and she also helps to represent the boston globe when mitch and his attorney mark sherman found out that i had this top lawyer the day before the hearing for the temporary injunction they pulled it they ran away. they're still suing the n.c. in b.c. for defamation which is interesting when we deny all claims i don't think anything
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i wrote is libelous considering mitt himself admitted to the charges that the c.s.t. see right to the currency and commodities regulator and the f.c.c. great securities in the stock regulator who both they and him for five years he's a ms to these charges but he's upset i wrote about it i think he's really worried about what's coming next and he's worried about the current forex business that he's operating in somewhat third world countries preying on modern pop investors who think they can get rich off of training currencies with his sperm where he sightings are allegedly siphons off money from these accounts you know and i can't tell what he's afraid of i just keep getting more information and he's got a nasty divorce there's drugs involved you name it luckily you know i have some great excellent legal representation and with the help of my readers you know it
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will. we're now able to start new donations coming in to help make sure that the story is going to move forward and it is i'm going to print this story no matter what mitch mountain vast was charged to do so the harassment that you have been suffering it sounds like very similar to slap cases p.p. whereby powerful interest silence bloggers or critics through burdening them with legal bills has been very effective in silencing those reporting on financial crimes your thoughts well you're absolutely right unfortunately in connecticut where i live the slop laws are not that strong if this if i had been suing california i likely would have had a lot more legal rights to go and sue mitch back for a frivolous lawsuit i'm not in that situation right now unfortunately thank goodness. since i since i have pro bono and free legal representation mr raz because will not be able to stop this story by bernie with legal bills he might try to scare and intimidate me all right now terry the story you're currently
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investigating of course overlaps with the story of a senior banker at morgan stanley from connecticut who has just been charged with hate crimes tell the audience about his bizarre crime and how he relates to this song in newquay the story you're working on well mr jennings who is the managing director was he's on leave now of morgan stanley. in december he got a cab ride home from new york and he didn't think that he should pay the fare that the cab driver told him that he needed to pay and according to the police reports he started to slur and enormous amount of racial or angry words at him the cab driver drove off tried to go find a cop and allegedly mr mr jennings when to stab him almost in the neck it's unclear he put his hand up and he cut his hand this all stabbed up so there was a soul there's a larceny charges and there's there's someone of a hate crime angel here. guineans it's interesting you know he lives down the
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street here from us maybe five minutes away from mitch pass close house he chose an attorney who i understand is his next door neighbor jean reeky oh who is from what from my investigation is actually part of mich quests wings seen in fact he recently married. media like a year ago maybe two thousand and ten he narry manches x. assistant. mrs x. assistance from what we understand besides cleaning the fish tank and walking the dog and doing his go friday errands are also allegedly paid to have sex with him his guest his girlfriend pamela chiasson it's amazing. just come out that major prostitution ring has been broken up in manhattan and apparently senior bankers are involved and paying for sex for minors have you been tracking this story at all does it relate to swinging in new canaan projects or working on
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now you know i did i just see that come across my radar so far in this story we do not have any situation. with minors involved in the swing scene. what i what we are seeing and i you know i don't want to give away everything of this amazing story that's going to come out but there are questions about some of the adult participants if they are. if they are being drugged or if they're of sound mind when they're involved in his party so they he tries to manipulate to get them to participate well you look at some of the clients of these firms like greece a client of goldman sachs you wonder whether goldman sachs drug them before they took on some of these onerous products and it just totally bankrupt the country now finally we've got about a little of terry your own investigative journalist here you're right the billy the beast up there in the hedge fund community in greenwich in new canaan where really the the movers and shakers of the. global economic crisis live and breathe they're
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involved in scandalous sex the praise that you're covering it's quite a testament to the morals of probably of the characters of you all right so now slamming the project is swinging a new cane and it's on par by film dot com it's more than two thirds funded already on the exchange that happened within a few days it's a testament to your cold your drawing power out there on the journalistic community you see crowdfunding well as a potential to change the way investigative journalism is funded i hope so max i mean right now what we raise two thousand dollars in a matter of three days when you know thousand dollars more. because because of the minor ways really passed i was able to get nick for a bit of blue chip films who's the director of the bear stearns movie called confidence again he signed on he's excited about it and i think we're going to build a blow up story like i've never been able to write a feeling on a corner new york magazine or fortunate forbes any of the publications that i've
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written for i think this is going to be visual. and it's going to change the way that we look at you know how can we get news out that is truthful and interesting to our readers face as they go around the time terry bull journalist the terrible dot com thanks so much for being on the kaiser report max all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want to thank my guest terry bull of terry bull dot com if you want to reserve shares in her new project swing in new canaan check out my film dot com going to send an e-mail please do so at kaiser reported r t t v are you until next time x. . ok phil.
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