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tv   [untitled]    March 10, 2012 12:30am-1:00am EST

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good to be. back here with r.t. here is a look at the top stories at change of tone in syria the arab league baxi international envoys called for both sides to lay down their arms and start talking but the opposition once again we're just the idea of talking to us a. bit all the forces and rebel fighters are accused of war crimes and crimes against humanity by a u.n. report on the libyan conflict with investigators also looking into nato air strikes . an optimism about the great damage right down through is premature as athens suffers a fresh downgrade from stage ratings agency with movies going even further and
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declaring greece and default. well that's the scales around in greek debt as explored by our financial guru maximizer and his co-host herbert kaiser report. leave. because of this is the kaiser report fertile down. in the cold. with stacy over 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 hacking by anonymous alone groups. so we know of a low second member admitted to hacking sony and also the computer system used by
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fox broadcasting company rupert murdoch's news corporation according to u.s. authorities so subu 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 hackers who hacked into m.f. global accounts but what about the hackers that hacked into the larboard business multi hundred trillion dollar business they hacked into a lot bolder surgically hacked into greece to stabilize our country were the penalties for these people exactly because all these guys are charged 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. and with them apparently it looks like from the time line that they in fact hacked step four and then the feds encourage them to use the credit card information they
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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 pre groff are said in a statement the six defendants and their own identified 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 real complex this is exactly what rupert murdoch's enterprises does to get a lot more hackers that they are going to stick around to be where they have to give back the money they stole that's it the profits they made ok so here you had a group apparently they. responsible for missing seven hundred seventy thousand dollars so the penalty should be they get it back right exactly all their profit
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from it ok so where's the double standard and double standard is because the hollywood industry the m.p.a. the r i am they have millions hundreds of millions of dollars i work for lobbyists in washington the consumer protection bureau the consumer protection lobbyist protecting people from predatory bankers don't have anybody at work in washington so you could you see really clear how 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 hack into live or goldman sachs hacking into greece m.f. global good being hacked into by j.p. morgan and those laws are written a write the laws for themselves where 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 about as well an e-mail shows that. it was a hack it literally was a half that happened of a segregated accounts the transfer of millions of dollars from
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a segregated account to j.p. morgan and that happened with the approval came within a minute the funds were deposited within fifteen minutes how is that not a hack but it is a hack except as with a couple of martinis down harry's it had over after work and you know they cite ola we need to hack a hundred million dollars one hundred fifty billion dollars or three billion dollars curious cheerio ok so i mentioned that problem 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 three so sony has inadvertently found itself funding freons got org after band atari teenage riot agreed to one of its tracks being used in a p.s.v. the marshall but still needed to see the anonymous legal supporters alex empire but sorry to try it has some history with sony with i'll go over in a moment but he said he couldn't resist suggesting track black flags when
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a japanese company came looking for music for its new view to advertising campaign the song contains multiple references to anonymous and has been used in several occupy wall street promotional videos but the other flaw in the black flag is pirates versus the old hottentot potentates of the copyright cartel and this is what needs to be supported because the packer groups the 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 monopolist undercutting competition hackers and pirates are providing much needed competition for the economy to grow the words the response from the central banks of this other banks is to just increase the debt load to make the economy grow that's also make the economy grow make the economy shrink hackers and pirates are the true g.d.p. boosters they're the ones we should celebrate this capital sic on. there is a rose that i wanted to turn to this blog posting from alec empire of atari teenage riot he's explaining why it is that he was donating his fee to protecting and
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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 music or 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 the 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 somebody corporation was able to hack this man's music take his stuff and use it on 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 we did a story teenage riot alec empire would be facing one hundred twenty two years in prison right what you hear from the sony corporation another in the copyright
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cartel is that there are four artists there 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 fighting back using the tools of hacking 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 artists they're artists artists let's get clear only one hates artists and lists are able to exploit them and take all their money without giving them anything in return now we're going to turn to 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 and we need the feds chasing down people around the world. ordered to defend the young artists right band tells founds to boycott its albums saying its label doesn't
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pay this is streetlight manifesto their music is awesome 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 street like our music and our ability to tour i continue to release music please make all s.m. related purchases from our own web store at the risk store our i se store dot com or come out to a show and buy a shirt cd from us directly right streetlight manifesto realizes that they're fighting a copyright blockade their artists they want to get paid but the copyright blockade the copyright cartel is making that impossible so they're all going to go all
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around the blockade and we should support all of these bands and all these artists to totally destroy the copyright cartel competent 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 boom the copyright cartel were totally support us 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 day 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 c.k. is an artist in new york and comedian who put his concert up on
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a torrent for free download and asked for people to go me 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 so smashwords is an online e-book retailer and they basically allow anybody to upload their own contents 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 snatch words in an e-mail to the subscribers explains 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
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a credit card companies banks and other financial institutions to censor legal fiction we believe this censorship is targeting a small subset of erotica 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 or readers are allowed to read if the paper all restrictions were taken to the extreme and 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 lou hamer pay pal was one of the first to jump in on the wiki leaks blockade which shut down funding for wiki leaks and shut down a major voice of independent voice freedom of the press and this was unbelievably. immoral and completely out of their men. date as a corporation and now they've extended it to just cherry pick items that they like they don't like this it's erotica next thing they'll be saying all this software
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and 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 shows to sinners as client unravels greece's secret loan from goldman sachs was a costly mistake from the start on the day the two thousand and one deal was struck the government of greece owes the bank about six hundred million euros more than that two point eight billion euros of power owed by then the price of the transaction a derivative that just guys the loan and that goldman sachs persuaded greece not to test with competitors had almost doubled to five point one billion euros but so greece blew up twenty five percent of greek g.d.p.
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in one day and one day it was 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 packing for sovereignty and the future of the nation of greece penalties no martinis yes say sarah thank so much being on the kaiser report thank you max don't go away much more coming away so stay right there. we'll. its technology innovation all the lives developments from around russia we've got the future. hubbard.
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welcome back to the kaiser report time now to go to new york city and speak with journalist kerry bull of kerry bull dot com terry is crowdfunding her next big piece of investigative journalism terry paul welcome back to the kaiser report imax it's great to be here all right terry bull you're a journalist who has published in many major publications in america and your latest piece 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 crowdfunding a story and it's been an amazing success i have the chance to choose my own editing
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style and the way that we're going to present this story based on reader feedback so we're going to focus on a new canaan trader who was once banned by the f.c.c. and the c.f. t.c. is now doing some maybe shady operations overseas and we're going to look at how that money we're talking millions lost to lots and millions how that money is funding his alternate sex life ok so the title of the piece is swinging new canaan and if goes by the symbol swing is on pirate my film but if people want to help dissipate and crowdfunding 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 that they just want to hear more. you know this this story first started though when mitch basque was the new canaan trader when and turned in his personal assistant his girl
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friday gal right for stealing one hundred seventy thousand dollars from. she was arrested two she's currently charged on some felony charges but when she got caught she told the new kenyan police that you know he was actually paying her to sex with him and is living girlfriend p.m.o. chiasson pamela's the sister of famed inside trader who's now in jail daniela chassis so you know when 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 traitor story. so we're right now what we're looking at is who's telling the truth did she really steal was the paying her for sex for threesomes 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 n.b.c. net net. early january we i had i don't know fifty thousand unique viewers read it
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within the first twenty four hours and from there it snowballed more people this kept reaching out to me within the community people who had sued mitch as close over cedric specially and police because they believe that as a client of his trading operation g.c.i. trading that they they've lost they lost thousands of dollars. there's x. assistants who have come to me. political leaders in the town in new canaan are reaching out and talking about the situation and we looked into you know what's really happening here how long has this been going on how long is this bedroom wall street wealthy community even having a very active swing like right let's put this in a context here because people assume all of the u.k. nery in the financial markets are backwards. occurs on wall street but 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
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in this hedge fund community so this is why i think it's important for people to understand that these hedge fund guys when they're not ransacking greece we're not destroying the american economy we're not destroying mr palings when they're not you know acting outside of the last feeling money from customers of m.f. global they're out there and came in to came to connecticut ordering threesomes having orgies you know lit up like rome or something like this tell us about. your investigation now the subject of investigation is trying to silence you correct how they've done this you know you're right. at the end of january merrick's mitch vance quiz hired a famed greenwich lawyer whose name is mark sherman his father used to represent the mob unfortunately his dad also played guilty to tax evasion he he just didn't pay a million dollars in taxes so so he hires this kind of you know in between the gray lines attorney and they sue me and c.m.d. c.
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for defamation. they did something else really rare in a legal move they did something called a temporary injunction and the goal there was that mr vaz close thought he could just start me from writing anything else about him while this case which will look it will take months to litigate is moving forward they also try to get a to take his names out of the story in something called a google tag so he wouldn't come up in a search and i mean is there a way to go to the foundations of free speech to stop speech before speech has ever been decided that the speech isn't ok what 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 as a top lawyer pro bono which means for free to represent me the lawyer carroll head is from being him and she also helps represent the boston globe when mitch and his
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attorney mark sharman found out that i had this top lawyer the day before the hearing for the temporary injunction they called it they ran away. they're still suing me and c n.b.c. for defamation which is interesting we deny all claims i don't think anything i wrote is libelous considering mitch himself admitted to the charges that the c f t c write to the currency in commodities regulator and the f.c.c. rate securities on a stock regulator who will ban him for five years he's admitted to these charges but he's upset i wrote about it i think he's really worried about. what's coming next and these worried about the current for ex business that he's operating in somewhat third world countries preying on modern pop investors who think they can get rich trading currencies with his firm way he siphoned off allegedly siphoned off monies from these accounts you know and i but i can't tell what he's afraid of i'm i just keep getting more information and he's got
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a nasty divorce there's drugs involved i mean you name it luckily you know i have some great excellent legal representation and with the help of my readers you know 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 this question has to do so the harassment that you have been suffering it sounds like very similar to slap cases. where by powerful interest silence bloggers or critics do burdening them with legal bills it's been very effective in silencing those reporting on financial crimes your thoughts well you're absolutely right unfortunately in connecticut where i live the laws are not that strong if this if i had been sued in 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. this insight since i have pro bono and free legal representation mr
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vasquez will not be able to stop this story by bernie with legal us he might try to scare and intimidate me all right now terry the story you're currently 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 swinging in newquay of story you're working on well mr jennings who is in managing director was he's on leave now of morgan stanley. in december he got out a key. home from new york and he didn't think that he should pay the fare that the cab driver told him he needed to pay and according to the police reports he started to slur an enormous amount of racial angry words at him the cab driver drove off trying to go find a cop and allegedly mr mr jennings when to step out of them almost in the neck it's
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unclear he put his hand up and he cut his hand it's all stepped up so there was a soul there's a larceny charges and there's there's someone of a hate crime angel here. jennings it's interesting you know he lives down the street here from us maybe five minutes away from mitch guys because house he chose an attorney who i understand is his next door neighbor jean reak hero who is from what from my investigation is actually part of the. swings seen in fact he recently married. me a year ago maybe two thousand and ten he married manches x. assistant. and his ex 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
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it's amazing attorney has just come out that major prostitution ring has been broken up in manhattan and apparently senior bankers are involved in paying for sex for minors have you been tracking this story at all does it relate to this twenty and you came to the project you're working on now you know i did i did 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 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. they are. they are being drugged or if they're up sound mind when they're involved in this party so they he tries to manipulate them 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 clearly bankrupted the country now
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finally we've got about a minute left terry your own investigative journalist here you're right in the belly of the beast up there in the hedge fund community in greenwich and you came in where really the the movers and shakers of the global economic crisis live and breathe they're involved in scandalous sex capades that you're covering it's quite a testament to the moral depravity of the characters and you're right so now crowdfunding the project is swinging in new canaan it's on fire by film dot com it's more than two thirds funded already on the exchange it happened within a few days to a testament to your cold your drawing power out there on the journalistic community do you think crowdfunding well as a potential to change the way investigative journalism is funded i hope so max i mean right now what we raised two thousand dollars in the matter of three days when you know thousand dollars more. because because of the money that we always really fast i was able to get nic for a bit ski a blue chip films is that correct or of the bear stearns movie called confidence
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again he signed on he's excited about it and i think we're going to build a blow up in a story like i've never been able to write a feeling on a corner new york magazine or fortune at forbes any of the publications that i've written for i think this is going to be sure wall held and 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 fantastico a renaissance very cool 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 keiser. her and stacy herbert are like my guest terry bull of terrible dot com if you want to reserve shares on your new projects weighing in and you came in check out my film dot com going to send an email please do so i kaiser reporting r t t v are you until next time x. guys are saying.
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we'll do the. technology innovation all the developments around russia we've got the future are covered.
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