As Joseph Cannon says on his blog, Cannonfire, "Goldman Sachs: America's worst enemy--far worse than Al Qaeda. A company that must end." Agreed, or at least it should be chopped up into its component parts and regulated to death.
The WikiLeaks GiFiles: Stratfor Plotted with Goldman Sachs to Set Up Investment Fund
By Gianluca Mezzofiore - International Business Times
Stratfor, the intelligence firm at the centre of the latest WikiLeaks/Anonymous tie-up, attempted to set up an investment fund with a Goldman Sachs director to trade on the intelligence collected by Stratfor.
In 2009, the then managing director of the investment bank, Shea Morenz, planned to utilise the intelligence from the insider network "to start up a captive strategic investment fund".
"What StratCap will do is use our Stratfor's intelligence and analysis to trade in a range of geopolitical instruments, particularly government bonds, currencies and the like," reads an email by Stratfor's CEO George Friedman.
The emails show that Morenz in 2011 invested more than $4 million and joined Stratfor's board of directors.
During 2011, a formally independent offshore share structure was built up with the name of StratCap. But Friedman himself told his Stratfor staff that StratCap intelligence fund was secretly integrated to the intelligence firm.
"Do not think of StratCap as an outside organisation. It will be integral," he wrote. "It will be useful to you if, for the sake of convenience, you think of it as another aspect of Stratfor and Shea as another executive in Stratfor... we are already working on mock portfolios and trades"
The emails published by Wikileaks also reveal that Guardian journalist David Leigh allegedly teamed up with Israeli journalist Yossi Melman, dubbed as "an information mule", to move WikiLeaks US diplomatic cables to Israel "in violation of Wikileaks' contract with the Guardian".
Wikileaks started publishing on Monday more than five million emails hacked by Anonymous from the servers of Stratfor, a US intelligence gathering company.
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Read Joseph Cannon's blog here