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New Leaks Reveal Insider Tips on S&P’s U.S. Credit Downgrade to “Privileged Clients”
By Tom Burghardt
Global Research, August 24, 2011
Antifascist Calling... 21 August 2011
Url of this article:
https://www.globalresearch.ca/new-leaks-reveal-insider-tips-on-s-p-s-u-s-credit-downgrade-to-privileged-clients/26113

We live in an age where insider deals, conflicts of interest, revolving doors between “regulators” and the “regulated” (lubricated with oceans of cash) accompanies the generalized looting of social wealth by deviant capitalist elites.

That such behavior by our corporate masters no longer raise an eyebrow, let alone elicit action by authorities charged with stopping criminal miscreants destroying other people’s lives, is an unmistakable sign that the much-vaunted “free market” system, staring into an abyss of its own creation, has entered a terminal phase.

It now appears that insiders at Standard and Poor’s or the Treasury Department, take your pick, may have leaked information to privileged clients on the recent U.S. credit downgrade, with confirmation coming from a surprising source.

Last week, AntiSec cyber-guerrillas (a loose alliance amongst individuals affiliated with LulzSec and Anonymous) released a 1GB cache of emails filched from security contractor Vanguard Defense Industries (VDI).

Read the complete story at:  

http://antifascist-calling.blogspot.com/

Tom Burghardt is a researcher and activist based in the San Francisco Bay Area. In addition to publishing in Covert Action Quarterly and Global Research, he is a Contributing Editor with Cyrano’s Journal Today. His articles can be read on Dissident Voice, The Intelligence Daily, Pacific Free Press, Uncommon Thought Journal, and the whistleblowing website WikiLeaks. He is the editor of Police State America: U.S. Military “Civil Disturbance” Planning, distributed by AK Press and has contributed to the new book from Global Research, The Global Economic Crisis: The Great Depression of the XXI Century.

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article.