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Archive for March 11th, 2009

REUTERS/Fadi Al-Assaad
Journalist Seymour Hersh speaking in Doha at an Al Jazeera forum on the media in 2007.

Investigative reporter Seymour Hersh describes ‘executive assassination ring’

By Eric Black | Published Wed, Mar 11 2009 11:17 am

At a “Great Conversations” event at the University of Minnesota last night, legendary investigative reporter Seymour Hersh may have made a little more news than he intended by talking about new alleged instances of domestic spying by the CIA, and about an ongoing covert military operation that he called an “executive assassination ring.”

Hersh spoke with great confidence about these findings from his current reporting, which he hasn’t written about yet.

In an email exchange afterward, Hersh said that his statements were “an honest response to a question” from the event’s moderator, U of M Political Scientist Larry Jacobs and “not something I wanted to dwell about in public.”

Hersh didn’t take back the statements, which he said arise from reporting he is doing for a book, but that it might be a year or two before he has what he needs on the topic to be “effective…that is, empirical, for even the most skeptical.”

The evening of great conversation, featuring Walter Mondale and Hersh, moderated by Jacobs and titled “America’s Constitutional Crisis,” looked to be a mostly historical review of events that have tested our Constitution, by a journalist and a high government officials who had experience with many of the crises.

And it was mostly historical, and a great conversation, in which Hersh and Mondale talked about the patterns by which presidents seem to get intoxicated by executive power, frustrated by the limitations on that power from Congress and the public, drawn into improper covert actions that exceed their constitutional powers, in the belief that they can get results and will never be found out. Despite a few references to the Founding Fathers, the history was mostly recent, starting with the Vietnam War with much of it arising from the George W. Bush administration, which both men roundly denounced.

MORE HERE

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Is Madoff Probe Expanding?

Bernard Madoff is set this week to plead guilty to orchestrating a massive Ponzi scheme. But could we be in line for more guilty pleas before this is all over?

The Daily Beast reports:

[T]he [Madoff] investigation … has broadened to include a number of suspected co-conspirators, according to federal officials involved in the case.

The Daily Beast story — written by Lucinda Franks, whose byline identifies her as a Pulitzer-Prize winning journalist who was formerly on the staff of the New York Times — also reports that, according to sources, “several members of Madoff’s inner circle transferred assets to their wives, transactions thought to be laundered through an English bank.”

There are said to be three groups of possible co-conspirators, who could potentially be charged either criminally by the Justice Department, or civilly by the SEC.

In the first group are employees of Madoff’s firm who concocted false trades and sent out phony statements to thousands of unsuspecting clients.The second group is comprised of principals in feeder funds such as Cohmad Securities Corp. and Fairfield Greenwich Group, which funneled investor dollars to Madoff and received large fees for steering this business. If they were aware of Madoff’s fraud, they could face criminal charges; if they were not, they could be hit with civil charges for a lack of due diligence.

The third group is the target of an investigation that’s still in its early stages into money laundering through British banks, in which US and British authorities are cooperating. This group consists of solicitors, accountants, and others in London who may have assisted Madoff in transferring funds from client accounts to a Madoff entity that lists Ruth Madoff, brother Peter Madoff, and sons Mark and Andrew Madoff among its board members.

It’s not clear from any of this that any specific members of Madoff’s family, or his inner circle, are in immediate legal jeopardy.

But the Wall Street Journal appears to be thinking along similar lines (sub req). It notes:

Prosecutors alleged Tuesday that Mr. Madoff hired numerous employees with “little or no prior pertinent training or experience in the securities industry” and caused them to “communicate with clients and generate false and fraudulent documents.”

Its report doesn’t go as far as the Daily Beast‘s. The Journal says it’s still unclear whether prosecutors believe these people knew they were involved in a fraudulent scheme, and doesn’t explicitly say that the investigation has broadened beyond Madoff himself.

But it’s noticeable that the paper does take the time to lay out what’s known about the possible involvement in the scheme of five of Madoff’s relatives and associates — including his wife Ruth, who has hired her own lawyer, and his brother Peter, who was the chief compliance officer for Madoff’s firm.

With Madoff’s guilty plea soon to be safely in the bag, are these reports an indication of where prosecutors are going next?

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Goldfrapp- Ooh La La

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David Vitter Throws Tantrum After Missing Flight

The Huffington Post |  Megan Slack   |   March 11, 2009 09:19 AM

UDPATE: Sen. Vitter claims that Roll Call‘s account is overstated.

“After being delayed on the Senate floor ensuring a vote on my anti-pay-raise amendment and in a rush to make my flight home for town hall meetings the next day, I accidentally went through a wrong door at the gate,” Vitter said in a statement. “I did have a conversation with an airline employee, but it was certainly not like this silly gossip column made it out to be.”

* * * * *Louisiana Senator David Vitter screamed at a United Airlines employee last week after arriving 20 minutes too late for a flight from Dulles to New Orleans, Roll Call reports (subscription required).

According to Raw Story, when Vitter learned he didn’t make the flight, he tried to open an alarmed security door.

After setting off the security alarm, the Louisiana senator proceeded to dress down an airline employee who told him entering the restricted area was forbidden. He invoked his standing as a senator, delivering a “do-you-know-who-I-am” tirade, the paper said.

Vitter wouldn’t calm down, even after the employee threatened to call security.

“Vitter, according to the witness, remained defiant, yelling that the employee could call the police if he wanted to and their supervisors, who, presumably, might be more impressed with his Senator’s pin,” the paper’s Heard on the Hill column noted. “But after talking a huffy big game, Vitter apparently thought better of pushing the confrontation any further. When the gate attendant left to find a security guard, Vitter turned tail and simply fled the scene.”

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By Ron Paul | Daily Paul, March 10, 2009

Imagine for a moment that somewhere in the middle of Texas there was a large foreign military base, say Chinese or Russian. Imagine that thousands of armed foreign troops were constantly patrolling American streets in military vehicles. Imagine they were here under the auspices of “keeping us safe” or “promoting democracy” or “protecting their strategic interests.”

Imagine that they operated outside of US law, and that the Constitution did not apply to them. Imagine that every now and then they made mistakes or acted on bad information and accidentally killed or terrorized innocent Americans, including women and children, most of the time with little to no repercussions or consequences. Imagine that they set up check points on our soil and routinely searched and ransacked entire neighborhoods of homes. Imagine if Americans were fearful of these foreign troops, and overwhelmingly thought America would be better off without their presence.

Imagine if some Americans were so angry about them being in Texas that they actually joined together to fight them off, in defense of our soil and sovereignty, because leadership in government refused or were unable to do so. Imagine that those Americans were labeled terrorists or insurgents for their defensive actions, and routinely killed, or captured and tortured by the foreign troops on our land. Imagine that the occupiers’ attitude was that if they just killed enough Americans, the resistance would stop, but instead, for every American killed, ten more would take up arms against them, resulting in perpetual bloodshed. Imagine if most of the citizens of the foreign land also wanted these troops to return home. Imagine if they elected a leader who promised to bring them home and put an end to this horror.

Continued >>

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