From THINK PROGRESS ECONOMY:
A new Stop Snitchin campaign to deter would-be informants, in this case against people speaking up against crimes on Wall Street, is quietly taking shape, this time far from the media’s eye.
Financial experts and academics agree that strong whistleblower regulations could have prevented the Bernie Madoff Ponzi scheme and indeed much of the financial crisis if employees at firms engaged in fraudulent activity had spoken up early or had reported complex crimes to the appropriate authorities. Employees at firms at the center for the financial crisis, including troubled lender Countrywide, have cited intimidation and other illicit tactics as the reason few people spoke up as whistleblowers. Since the old whistleblower laws provided for weak legal protections for informants and relatively rare rewards, the Dodd-Frank financial reform law passed last year revamped the system with new rights for informants blowing the whistle on financial crimes.
Bank lobbyists and Fox News, however, have made such protections enemy number one.
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Anyone else notice that all the people involved in the News of the World/News Corporation scandal have names that sound like Alfred Hitchcock villains?
From The New York Times:
LONDON — A reporter who is among the 16 people arrested and then freed on bail in the phone hacking case that has shaken Rupert Murdoch’s media empire in Britain warned his former bosses on Friday that he planned to break his silence on the scandal in a civil court case. He said that he would reveal those who were responsible for the phone hacking.
The reporter, Neville Thurlbeck, 49, who was the chief reporter for the now-defunct tabloid The News of the World, gave the warning in a statement issued through his lawyers in connection with his wrongful-dismissal lawsuit against News International, the British newspaper arm of Mr. Murdoch’s News Corporation. Mr. Thurlbeck was one of the first people arrested by Scotland Yard in a renewed investigation of the phone hacking this year, but he has denied publicly having played any part in the illegal interception of cellphone voicemails.
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From The Telegraph:
Rupert Murdoch’s Fox News television channel had a “black ops” department that may have illegally hacked private telephone records, a former executive for the station has alleged.
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Filed under Fox News, humor, Media, movies, News Corp, parody, politics, Roger Ailes, Rupert Murdoch, Scandals, snark, Wordpress Political Blogs
From POLITICAL HOTSHEET at CBS News Blogs (September 30, 2009):
Democratic Representative Alan Grayson of Florida, who has come under fire from Republicans for suggesting on the House floor Tuesday night that “Republicans want you to die quickly if you get sick,” said in an interview with CBSNews.com Wednesday that the response to his comments has been “overwhelmingly positive.”
“People are calling us from all over the country to congratulate us for telling the truth,” he said. “People are happy to see a Democrat with guts.”
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Filed under Ben Bernanke, Chimpy, Democrats, Dick Cheney, Florida, George W. Bush, Halliburton, humor, Iraq War, Lynn Westmoreland, movies, parody, politics, Republicans, Rush Limbaugh, snark, Wordpress Political Blogs
From The Raw Story:
National Intelligence Director Mike McConnell is drawing up plans for cyberspace spying that would make the current debate on warrantless wiretaps look like a “walk in the park,” according to an interview published in the New Yorker’s print edition today.
Debate on the Foreign Intelligence Surveillance Act “will be a walk in the park compared to this,” McConnell said. “this is going to be a goat rope on the Hill. My prediction is that we’re going to screw around with this until something horrendous happens.”
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Filed under 9/11, Chimpy, FISA, Foreign Intelligence Surveillance Act, George W. Bush, humor, Mike McConnell, National Security Agency, NSA, parody, politics, Republicans, September 11, snark, television, Wiretaps, Wordpress Political Blogs