it's. good to. see. it have you with us or just join the party life here in the russian capital talks for it's not a star the u.n. arab envoys attempts to bring about peace talks in syria clash with calls for military action from opposition groups. such as the world russia's opposition hopes to regain its momentum at a rally in central moscow but internal factors in draining public interest leave many on the sidelines. of his exchange of foreign the israeli palestinian border moves into its second day with dozens of rockets fired and civilians hurt on both

sides as follows the killing of a gaza resistance leader. and optimism about the greek debt write down proves premature result and suffers a fresh downgrade from the picture breaking the agency with moody's going even further and declaring greece in the form of. my colleague going to show him in half an hour as the news continues to report that's coming up shortly and in this edition max keiser and stacy herbert looked back at a decade to reveal the scheme which helped greece join the euro zone carnacki is nassib debt and how it's orchestrated banked tidy profit coming your way shortly here on our thing.

biomass kaiser this is the kaiser report trickle down shake in the tollbooth. start with stacey erb rick yes max we're 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 we know of a little second member admitted to hacking sony and also the computer system used by fox broadcasting company rupert murdoch's news corporation according to u.s. authorities so some of 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 one

of of 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 a lot bolder search they hacked in degrees destabilize the country were the penalties for these people exactly because all these guys are charged with in 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 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 used 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 brewer off are said in a statement the six defendants and their identified coconspirators we need a deliberate campaign of online destruction intimidation and criminality as you and i covered in our episode about the data industrial complex this is exactly what rupert murdoch's enterprise does get a lot more hackers that they're going to stick around mitty 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 a basic 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 are i am they have millions hundreds of millions of dollars i work for a lobbyist in washington the consumer protection bureau the consumer protection lobbyist protect their people from predatory bankers don't have anybody at work in

washington so you clearly 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 hacked into life or goldman sachs hacking into greece and the global you being 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 ok or when you mention m.f. global hacking into their client funds remember we covered that as well and e-mail shows that. it was a hack 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 that happened with approval came within a minute those funds were deposited within fifteen minutes how is that not a hack but it is a hack except with a couple of martinis down harrison and over after work and you know they cite ola we need to hack a hundred million dollars one hundred fifty million dollars or three billion

dollars cierra cheerio jones ok so i mentioned that. they did that he hacked sony so sony and anonymous are in the same headline here p.s.v. ad funs anonymous as atari teenage riot donate free so sony has inadvertently found itself funding free a nonstop org after band atari teenage riot agreed to one of its tracks being used in a p.s.a. marshall but still needed a fee for the anonymous legal support group alex empire of atari t.v. try it has some history with sony which 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 advertise and counterpane this song contains multiple references to anonymous and has been used in several occupy wall street promotional videos but the other fly in the black is pirates versus the old and the potentates of the copyright cartel and this is what

needs to be supported because the hacker 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 their words the response from the central banks on the other banks is to just increase the debt 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. boosters they're the ones we should celebrate this capital to come. there's a rose that i wanted to turn to this blog posting from empire of atari teenage riot he's explaining why it is that he was going 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 over a camcorder 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 that 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 sal who did a story teenage riot alec empire would be facing one hundred twenty two years in prison right now what you hear from 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

monopolists cartel purveyors like sony and others in the industry and they're not helping artists and artists artists let's get back clear holywood artists and lists are able to exploit them and take all their lonely without giving them anything in return now we're going to turn to a bet on 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. in order to defend the young artist 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 exciter 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 our i se 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 around the blockade and we should support all of these bans of 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 the copyright cartel were totally support those 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 bits metaphorically there is a torrent of methods to accomplish listening to our music and google is your 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 know me and he 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 offers here's a story we're also going to be speaking to some of the people involved in this off air 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 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 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 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 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 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 you they don't like this it's erotica next thing they'll be saying well this author 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 tell you the 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 block a buy this fascist pay pal nonsense and i want to cut to the final hacking story

here goldman secret greece alone shows two centers as client unravels greece's 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 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 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 sustain right there.

welcome back to the kaiser report's time now to go to new york city and speak with journalist kerry bull of kerry bull kerry is crowdfunding for next big piece of investigative journalism terry pool welcome back to the kaiser report hi max 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 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 the story based on reader feedback so we're going to focus on a new keenan trader who was once beyond the s.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 lost to lots and millions how that money is funding his alternate sex life ok so the title of the piece is swinging a new canaan and it goes by the civil swing it's on my film dot com if people want to help participate in 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 they just want to hear more of this story first started though when mitch vance quos the new canaan trader went and turned in his personal assistant his go friday gallery for stealing one hundred seventy thousand dollars from him. she was arrested she 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 his living girlfriend chiasson pamela's the sister of pain inside trader who's now in jail danielle it's yasi 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 fishy really steal was he paying her for sex for three sounds and you know he just doesn't want to admit it we what 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. early january we i had i don't know fifty thousand unique viewers read it within the first twenty four hours and from there it's still a lot more people just kept reaching out to me within the community people who had

sued mitch has closed over seas expression and beliefs 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's 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 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. put this in the context of 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

ransacking 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 law stealing money from customers of m.f. global they're out there in canaan who 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 to correct this you know you're right. at the end of january max niche values quiz hired a famed greenwich lawyer his name is mark sherman his father used to represent the mob unfortunately 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. . 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 quotes god he could just

stop me from writing anything else about him while this case which will it will take months to litigate it's moving forward they also tried to get him to take his names out of the story in something called the google tag so he wouldn't come up in a search and i mean sorry just goes to 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 and they jumped right in immediately their 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 carol head is from being him and she also helped represent the boston globe when nick 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 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 a t c the 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 four 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 his firm why he siphons 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 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 i'm going to print this story no matter what mitch mountain tries to do all right so the harassment that you have been suffering it sounds like very similar to slap cases p.-p. whereby a powerful interest silenced bloggers and 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. this insight since i have pro bono and free legal representation mr vasquez 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 your 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. 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 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 how the cab driver drove off trying to go find a cop and allegedly mr mr jennings when to stalham almost in the neck it's unclear he put his hand cut his hand this all stepped up so there was a soul there is a larceny charges and there's there's someone of

a hate crime angle 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. serrie just come out that major prostitution ring has been broken up in and apparently senior bankers are involved in paying for sex for minors and if you've been tracking this story at all does it relate to swinging in new canaan the projects are 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 the miners 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 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 that just totally bankrupt the country now finally we've got a middle of terry era investigative journalist here you're right the belly of the beast up there in the hedge fund community and granted 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 go away 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 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 ways really fast i was able to get nick verbinski 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 in a story like i've never been able to write it feeling on a new york magazine or fortunate 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 it is true for any interesting to our readers base as to coretta john terry bull journalist the terrible dot com thanks so much for being on the kaiser report on x. all right that's going to do it for this edition of the kaiser report with me max geyser and stacy herbert i want to thank my guest terry bull of terry bull dot com if you want to reserve shares or new projects weighing in 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. guys are saying.