December 2, 2010

WikiLeaks Assange

In a rare, two-hour interview conducted in London on November 11, Australian Julian Assange said that he's still sitting on a trove of secret documents, about half of which relate to the private sector. And WikiLeaks' next target will be a major American bank. "It will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms, I presume," he said, adding: "For this, there's only one similar example. It's like the Enron emails."

Interview here

Bank of America Corp.'s stock dropped more than 3 per cent Nov 30 on speculation that website WikiLeaks would soon release internal documents. America's largest bank, as measured by asset, has been trying to determine for more than a year whether any documents were leaked from inside the bank. Assange asserted in an October 2009 Computerworld magazine interview that he had the 5GB computer hard drive of a Bank of America executive.

WikiLeaks has gained world-wide attention for disseminating sensitive diplomatic documents. Mr Assange told Forbes magazine that a release of "tens or hundreds of thousands of documents" in early 2011 would reveal "flagrant violations" and "unethical practices" at a major U.S. bank, according to the interview posted online Nov 29. He didn't name the institution, but at least one banking analyst pointed to BofA as a probable target in light of the earlier Computerworld interview.

The bank's shares closed at US$10.95, down 36 cents, on the New York Stock Exchange.


The U.S. government scrambled Nov 30 to prevent future spills of U.S. secrets like the embarrassing WikiLeaks' disclosures, while officials pondered possible criminal prosecutions and Interpol in Europe sent out a "red notice" for nations to be on the lookout for the website's founder.

Interpol placed Julian Assange on its most-wanted list after Sweden issued an arrest warrant against him as part of a drawn-out rape probe - involving allegations Assange has denied. The Interpol alert is likely to make international travel more difficult for Assange, whose whereabouts are publicly unknown.

His crime? For daring to show a finger at power. The whole world's watching.

Entry taken from here

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