here's the part of it and realize that everything is our. part of the big picture. this is our top stories now this is the u.n. arab envoys attempts to bring about peace talks in syria clash with calls for military action from some opposition groups. a test of wills russia's opposition hopes to regain its momentum and a rally in central moscow but internal fractures and draining public interest leave many on the sidelines. and fears exchange of fire on the israeli palestinian border moves into its second day with thousands of rockets fired and civilians caught on both sides before lose the killing of

a gaza resistance leader. optimism about the greek debt write down cruise private sure that in suffers a fresh downgrade from the picture ratings agency moody's going even further and declare increase in the form. of what makes the scandal surrounding greek debt is explored by financial guru and his co-host stacey herbert that's next in the kaiser report. this is the kaiser report trickle down shake down in the toll booth.

start with stacey or brooke 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 sex groups. so how do we know of a little sect 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 hackers who hacked into m.f. global accounts but what about the hackers that hacked into the live or business multi hundred trillion dollar business they hacked into the local the search they hacked into greece to stabilize the 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 strout four and then the feds encouraged 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 there are identified coconspirators we need to 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 stick around and where they have to give back the money they stole that's it good profits they need ok so here you. are a group apparently they. responsible for missing seven hundred seventy thousand dollars so the penalty should be they get it back right exactly all they're profited from ok so where's the double standard double standard is because the hollywood industry the m.p.a. the are i am they have millions hundreds of millions of dollars i work for a lobbyist in washington who consume or protection bureau the consumer protection lobbyist protecting people from pro three backers don't have anybody at work in washington so you could you 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 packed into life for goldman sachs hacking into greece and the global good being hacked into by j.p.

morgan of those laws or were they 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 ok or and you mention m.f. global hacking into their client funds remember we covered that as well and e-mail shows that. it was a how it literally was a hack that happened of a segregated accounts the transfer of millions of dollars from a segregated account to j.p. morgan and it happened with approval came within a minute the cons were deposited within fifteen minutes how is that not a hack it is a hack except with a couple of martinis down harrison and over after work and you know they side over we need to hack a hundred million dollars one hundred fifty billion dollars or three billion dollars curious cheerio tome ok so i mentioned bhatt saab who has admitted that he hacked sony so sony and anonymous are in the same headline here p.s.v. ad fons anonymous as atari teenage riot donate so sony has inadvertently found

itself funding freons org after band atari teeny dry agreed to one of its tracks being used in a p.s. indeed a marshall but still needed the for the anonymous legal support group so alex empire of atari t.v. 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 a japanese company came looking for music for its new wii 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 blood supply is pirates versus the old hottentot and the 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 partners

and pirates are providing much needed competition for the economy to grow the words the response from the central banks of the other banks is to just increase the debt load to make the economy grow but doesn't make the economy grow makes the economy shrink hikers and pirates are the true g.d.p. polluters they're the ones we should celebrate those capital second. they're the arrows now i wanted to turn to this blog posting from alec empire of atari teenage riot he's explaining why it is that he was going to eating 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 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 overcount quarter advert in south east asia a track of mine was basically used against my permission if you ever try to fight a corporation like this in court and in another country let me tell you you want to do other 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 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 sorry teenage riot alec empire would be facing one hundred twenty two years in prison right in what year for the sony corporation another 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 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 that clear holywood hates artists and lists are able to exploit them and take all the money we're going to give and if anything we

turn now we're going to turn into a band fighting back against these tollbooths 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 artists right band tells fans to boycott its albums saying its label doesn't 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 except for a victory has a longtime 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 and continue to release music

please make all s.m. related purchases from our own web store at the risk store r i s e store dot com or come out to a show and buy a shirt or 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 going to go all around the blockade and we should support all of these bands and all 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 them 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 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 brought 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 a torrent for free download and asked for people to donate any raised over a million dollars because there's a huge pool of capital out there what's called crowd funding 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 a story we're also going to be speaking to some of the people involved in this author strike back against pay pal censorship of smashwords 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 smashwords 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 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 and readers alike for any organization to censor what writers are allowed to imagine what readers are allowed to read if the paper restrictions were taken to the extreme and many mainstream classics including lolita are 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 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 is erotica next thing they'll be saying well this author you know we don't like the his syntax you know we get frank rich from 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 a client unravels greece's secret loan from goldman sachs was a costly mistake from the start on the day that two thousand and one deal was

struck the government of greece owed the bank about six hundred million euros more than that two point eight billion euros of our road by then the price of the transaction a derivative debt disguised alone 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. in one day and one day it was it accounted for twelve percent of goldman sachs its profits that year but this was grace's nine eleven the day they met goldman sachs it was them packing 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.

too much brighter than. the sun from the suns to. the stones on t.v. don't come. welcome

back to the kaiser report time doubts go to new york city and speak with journalist terry bull of cherry bull dot com jerry is crowdfunding for next big piece of investigative journalism jerry poole welcome back to the kaiser report hi max it's great to be here all right terry bull you're a journalist it was published in many major publications in america and your latest piece is being crowd 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 so we're going to focus on

a new canaan traitor who was once banned by the f.c.c. and the c.f. t.c. who's now doing some maybe shady operations overseas and we're going to look at how that money we're talking millions lotsa lotsa million. how that money is funding his alternate sex life so the title of the pieces swinging new canaan and it goes by the symbol swing is on film if people want to help dissipate and craft lending your piece so get into some of the particulars here it sounds pretty sexy. but 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 dallas quest the new canaan trader went and turned in his personal assistant his go friday for stealing one hundred seventy thousand dollars from him. she was arrested she's currently charged on some felony

charges but when she got caught she told the new canaan police you know he was actually paying her to have sex with him and is living girlfriend chiasson pamela's the sister of pain inside a 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 does she really steal was he paying her for sex for three somes 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. and b. c. net net in early january we i had i don't know fifty thousand unique yours 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 mitch bad close over cizik specially in police because they believe that as a client of his trading operation g.c.i. trading that they they've lost they've lost thousands of dollars. there is. next assistants who have come to me. political leaders in the town and you came in are reaching out and talking about the situation and we look 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 swinging life right let's put this in the context here because people assume that all of this you can array in the financial markets and banks that 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 in this hedge fund community so this is why i think it's important for people to understand that these says fund when they're

not ransacked in greece we're not destroying the american economy we're 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 in canada 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 investigations try to silence you correct how they've done this you know you're right. at the end of january max mitch 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 just didn't pay a million dollars in taxes so so he hired this kind of you know in between the grail lines attorney and they sue me and see n.b.c. for defamation. they did something else really rare in a legal move they do something called

a temporary injunction and the goal there was that mr vast ques thought he could just stop me from writing anything else about him while this case which will it will take months to litigate is moving forward they also tried to get him to take his names out of the story in something called a. google tags so he wouldn't come up in a search and i mean sorry it just goes that the foundations of free speech to stop speech before speech has ever been decided that this speech isn't 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 helped 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 me and c m e c three defamation which is interesting we deny all claims i don't think anything i wrote is libelous considering self admitted to the charges that the c.f.p. see the currency and commodities regulator and the f.c.c. securities and a stock regulator who both banned him for five years he's image 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 floor x. business that he's operating in somewhat third world countries preying on mom and pop investors who think they can get rich off of trading currencies with this firm while he cites allegedly siphoned off money 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 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 a new donations coming in to help make sure that the story is going to move forward and it is going to print this story no matter what mitch mountain close tries 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 burning 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 slop 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 vaz because will not be able to stop this story by burning me with legal bills 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 new canaan story you're working on well mr jennings who is the managing director was he's on leave now i have morgan stanley. in december he got a cab ride home from new york and he didn't think 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. words at him the cab driver drove off trying to go find a cop and allegedly you mr mr jennings when to stab them almost in the neck it's unclear he put his hand up and he cut his hand it's 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. jennings it's interesting you know he lives down the street here from us maybe five minutes away from me as close house he chose an attorney who i understand is his next door neighbor jean. i turned to just come out that the 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 swinging in new canaan the project you're working on 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 in this amazing story that's going to come out but there are questions about some of the addo participants if they are. they are being drugged or if they're of sound mind when they're involved in his party so they he tries to

manipulate them to get them to participate yeah 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 that just totally bankrupted the country now finally we've got a middle of terry era investigative journalist here you're right in the belly of 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 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 part of my 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 pull your drawing power out there in 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 a 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 hysterectomies 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 in a story like i've never been able to write it feeling on a new york magazine or fortune at forbes any of the publications that i've written for i think this is going to be a visual tells 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 base as they go around it's on terry bull journalist the terrible dot com thanks so much for being on the kaiser report. all right that's going to do it for this edition of the kaiser at four with me max geyser and stacy herbert i was like my guest terry bull of terry bull dot com if you want to reserve shares or new projects weighing in and you came

in check out my film dot com going to send an email please do so our cars are reported r t t v are you until next time x. guys are saying. well. it's technology innovation. developments around russia we've got the future covered.