tv [untitled] March 10, 2012 9:30pm-10:00pm EST
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the. this is all she the headline it's. that's amazing with the you on arab league envoy kofi annan president bashar al assad says he is ready to search for diplomatic solutions to the syrian crisis as he says political dialogue one pursued as long as terrorist groups started work in the country spreading tales undisturbed and it's. a testing time for the opposition around ten thousand people take part in a rally against the outcome of sunday's presidential poured by the turnout was much smaller than expected with internal divisions on
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a lot of organizational. until only israeli palestinian border triggered by the killing of a dogs of resistance leaves it continues with a barrage of rocket fire and more victims on both sides israeli officials claim the total number of rockets fired from gaza it seems one hundred. and those headlines up next the report under this it is from rocks kaiser stays ahead but look but revealed its king which hold greece to join the euro zone by masking its massive debts are how one person behind the plan binds a tidy profit. max
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kaiser this is the kaiser report the trickle down effect in the tollbooth spoke. start with stacey erb or 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 we know of a little second member admitted to hacking sony and also a computer system used by fox broadcasting company rupert murdoch's news corporation 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 you know well what about the packers who hacked into m.f.
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global accounts but what about the hackers that hacked into the live or business multi hundred trillion dollar business they hacked into little goldman sachs they hacked into greece to stabilize 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 got involved with the feds that 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
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a statement the six defendants and there are identified coconspirators we need a deliberate campaign of online destruction intimidation and criminality as unite covered in our episode about the data industrial complex this is exactly what rupert murdoch's enterprise does again to live or 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 a basic seven hundred thousand dollars so the penalty should be they give it back right exactly all their profit from it ok so where's the double standard in the 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 lobbyist in washington the consumer protection bureau the consumer protection lobbyist protect their people from predatory bankers done anybody at work in washington so you clearly see really clear out of the laws are written by the lobbyist these
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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 m.f. global good being hacked into by j.p. morgan and those laws are 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 hunky dory 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 half that happened of a segregated accounts the transfer of millions of dollars from a 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 but it is a hack except with a couple of martinis down to harrison and over after work and you know they side cola and we need to have one hundred million dollars one hundred fifty million dollars or three billion dollars curate cheerio joe ok so i mentioned that who has
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admitted that he hacked sony so sony and anonymous are in the same headline here p.s.v. ad frons anonymous as atari teenage riot donate feed 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.v. martial they still needed to see the anonymous legal support group alex empire of atari teenage riot 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 the japanese company came looking for music for its new v the advertising campaign the song contains multiple references to anonymous and has been used in several occupy wall street promotional videos oh yeah they're flying the black flag it's pirates versus the old it's in the potentates of the copyright cartel and this is what they should be supported because the packer groups the piracy groups they are
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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 i work as a response from the central banks of the other banks 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. posters they're the ones we should celebrate this capital second. there's 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 going eating his fee to protecting and defending anonymous operatives who were arrested he said my name is alice empire and i am from atari teenage riot if you are new to my music or me as a person you might not know that i had somebody for so many in the year one thousand nine hundred nine over a camcorder advert in south east asia
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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 other stuff with that time and money even though the things that settled in court kind of i never felt they paid what they owed so some any 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 sol who did the story teenage riot 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 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
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artists and artists artists let's get good clear hollywood hates artists unless they're able to exploit them and take all the 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 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 off and they're going to be on the prize 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
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victory has a long time reputation of pocketing all of the proceeds from the band's music and merchandise with shady accounting and generally bully ish 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 sure cd from us directly 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 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
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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 a bit 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 throw me in the very raised over a million dollars because there's a huge pool of capital out there with small 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
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a story we're also going to be speaking to some of the people involved in this offer 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 what 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 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 pay pal restrictions were taken to the extreme many
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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 and they don't like this it's erotica next thing they'll be saying all this software 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 get a paper this is why alternative currencies like big coin are on the rise because again it's a way to do a work around around the block by this fascist pay pal nonsense and i want to cut
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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 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 one day it was it accounted for twelve percent of goldman sachs its profits that year this was greece was 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 there were thanks much mainly because the report thank you max
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but go back to the kaiser report time now to go to new york city and speak with journalist cary bull of cherry bull dot com terry is crowdfunding her next big piece of investigative journalism terry bull 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 a 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 fund 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 a new canaan trader who was once banned by the f.c.c. and the c.f. t.c.
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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 in new canaan and it goes by the symbol swing is on fire at my film dot com if people want to help dissipate and crowd funding your piece so get into some of the particulars here it sounds pretty sexy. play. just say when i tell anyone about this story that they just want to hear more of this story first started though when mitch vance quotes 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's currently charged on some felony charges. when she got caught she told the new canaan police that you know he was actually paying her to
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have sex with him and is living girlfriend chiasson 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 it 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 miss it and what else is going on here and how is money used is he lying to the new canaan police this was highlighted by john carney as c. and b. c. net net in early january we i had i don't know fifty thousand unique viewers who read it within the first twenty four hours and from there it's still about more people just kept reaching out to me within the community people who had sued me as close overseas expression and beliefs because they believe that as
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a client of his trading operation g.c.i. trading that 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 can 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 is this bedroom wall street wealthy community even having a very active sweet life right let's put this into context or because people. all assume that all of this chicanery in the financial markets and banks that occurs on wall street 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 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
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customers of m.f. global they're out there and came in the came in 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 found squares hired a famed greenwich lawyer his name is mark sherman his father used to represent the mob unfortunately he's dead 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 decide thing else really rare in a legal move they decide they called a temporary injunction and the goal there was that mr grass close thought he could just stop me from writing anything else about him while this case which will it
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will it will take months to litigate is moving forward they also try 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 it just goes to the foundations of free speech to stop speech before speech has ever been decided that the speech isn't ok but it is called the harvard kid you don't need a 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 nick and his attorney mark sherman found out that i had this top lawyer they gave before the hearing for their 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
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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 trading currencies with his firm while he cyclons off allegedly cyclons all 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 new donations coming in to help make sure that the story is
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going to move forward and it is going to print this story no matter what mitch mouth about us 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 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 passed. if this if i had been stealing 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
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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 suing in new claims 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 an 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 swinton galba almost in the neck it's unclear he put his hand up and he cut his hand this all stepped up so there was a sole there's 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
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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 reeky oh just come out that's a major prostitution ring has been broken. and apparently senior bankers are involved in paying for sex for minors have you been tracking this story at all does it relate to any and you came in 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 say to you. and. 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 that he tries to manipulate them to get them to participate well you look at some of the clients of these firms like greece
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a client of goldman sachs you wonder whether goldman sachs drugs before they took on some of these onerous products and it just totally bankrupt the country now finally we've got about a middle of terry here and investigative journalist here you're right in the belly of the beast up there in the hedge fund community in greenwich and you canin where really the the movers and shakers of the global economic crisis live and breathe they're involved in scandalous sex give praise that you're covering it's quite a testament to the moral depravity of the characters and you all right so now crowdfunding the project is swinging a new cane and it's on fire by film dot com it's more than two thirds funded already on the exchange that happened within a few days to a testament to your pull your drawing power out there on the journalistic community the same crowdfunding well as the 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
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money that we always 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 corner new york magazine or fortune at forbes any of the publications that i've written for i think this is going to be more visual. and going to change the way that we look at you know how can. we get news out that is true and interesting to our readers fantastic i read a contrary bull journalist that's variable dot com thanks so much for being on the kaiser report about an x. all right that's going to do it for this edition of the kaiser at four 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 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.
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