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WikiLeaks Will Unveil Major Bank Scandal

CmdrTaco posted more than 3 years ago | from the don't-be-evil dept.

The Media 1018

Atmanman writes "When WikiLeaks announced it was releasing 251,287 US diplomatic cables, we all thought we knew what was meant by its earlier ominous words that, 'The coming months will see a new world, where global history is redefined.' It now appears the organization is sitting on a treasure trove of information so big that it has stopped taking submissions. Among data to be released are tens of thousands of documents from a major US banking firm and material from pharmaceutical companies, finance firms and energy companies."

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So... (3, Interesting)

betterunixthanunix (980855) | more than 3 years ago | (#34393500)

...a lot of people recently said that Wikileaks has become an anti-US organization. We should probably wait and see what they actually release, but perhaps this news shows otherwise? Or is the fact that they are going to release data on US based corporations just going to be viewed as more evidence of an anti-US sentiment?

Anti-US Government, Maybe (5, Interesting)

eldavojohn (898314) | more than 3 years ago | (#34393590)

...a lot of people recently said that Wikileaks has become an anti-US organization. We should probably wait and see what they actually release, but perhaps this news shows otherwise? Or is the fact that they are going to release data on US based corporations just going to be viewed as more evidence of an anti-US sentiment?

You should probably clarify that you meant anti-US government as they might actually be providing the citizens a lot more transparency than previously thought possible. When a US company is targeted, both the government and the people might be happy -- especially if it's tax evasion or violation of laws. Here's a good snippet when they run down which industries they might have dirt on:

Continuing then: The tech industry?

We have some material on spying by a major government on the tech industry. Industrial espionage.

U.S.? China?

The U.S. is one of the victims.

I'm going to go out on a limb and say that everyone would like the offenders of industrial espionage to be dragged out in the open. Especially the United States government.

Anti-US, pro-US, who cares? This is going to get interesting and the knife is going to cut everybody.

I'm really going to break down laughing if Wikileaks hosts dirt on Amazon, their knew hosting provider with EC2 [technologyreview.com] !

Re:Anti-US Government, Maybe (5, Insightful)

AndyAndyAndyAndy (967043) | more than 3 years ago | (#34393684)

US Gov and others are pissed because they're getting their pants pulled down. Beyond that, it's not the fault of Wikileaks that these targets have skidmarks on their undies. Embarrassment where it's due.

Re:Anti-US Government, Maybe (-1, Offtopic)

Anonymous Coward | more than 3 years ago | (#34393686)

You should probably clarify that you meant anti-US government as they might actually be providing the citizens a lot more transparency than previously thought possible.

This could be the opening to bring about the onset of Metagovernment [metagovernment.org] , where there is no distinction between the people and the government, nor between the US and everyone else.

Re:Anti-US Government, Maybe (0)

Anonymous Coward | more than 3 years ago | (#34393864)

Wikileaks and Metagovernment are practically the same thing.

Re:Anti-US Government, Maybe (1)

spun (1352) | more than 3 years ago | (#34393892)

Quite hyping your imaginary political movement. This is about corporations, not government. Unless you deal with the real powers first, your government will be no different than any other. The ultra rich of the world laugh at the concept of 'metagovernment,' which boils down to the sheep separating themselves into conveniently smaller and less powerful herds, all the easier for the true powers to prey upon.

Re:Anti-US Government, Maybe (0)

Anonymous Coward | more than 3 years ago | (#34394060)

The problem with letting everyone voice their opinion is that most people have silly, or at least opposing opinions.

Just like at work, or really anywhere else, the more people providing input, the slower things happen... and you end up with the lowest common denominator.

Essentially you would end up with design by committee policies ..

That said the current system(s) suck.. and all the alternatives suck...

Re:Anti-US Government, Maybe (1)

Monkeedude1212 (1560403) | more than 3 years ago | (#34393752)

Anti-US, pro-US, who cares? This is going to get interesting and the knife is going to cut everybody.
 

Just imagine thousands of years from now and the only proof of history is from randomly archived and backed up blogs sites because some super power decided to re-write history along the way to make themselves look better.

And when Archeologists find a still functioning Hard drive after all this time and are able to read the data off of it, and learn of Wikileaks and how much they impacted our day and age.

It's be even bigger then than it is now! ... I'm not getting ahead of myself now am I?

Re:Anti-US Government, Maybe (3, Interesting)

spun (1352) | more than 3 years ago | (#34393782)

The US government has always worked closely with US corporations to perform espionage. The government gives the corporations data on their foreign competition, the corporations give the government spies cover.

Re:So... (5, Interesting)

Anonymous Coward | more than 3 years ago | (#34393634)

...a lot of people recently said that Wikileaks has become an anti-US organization.

Well, reality has a well established liberal bias.

Or is the fact that they are going to release data on US based corporations just going to be viewed as more evidence of an anti-US sentiment?

Well, or you could point out how the US's drive for globalization and (what they call) "free trade" is basically destroying everybody's economy because it's largely predicated on utterly meaningless economic theory. It's a race to the bottom, and apparently nobody has figured this out.

It was the banking practices of US banks which directly caused the financial crisis, because they mixed up the imaginary, funny-money (bad US consumer debt) with the real money. And, when people discovered the funny-money had no value, the value of the real money tanked because it was now based on the funny money. The US essentially commoditized and exported bankruptcy.

That's right America, it's your fucking fault.

Re:So... (1)

E IS mC(Square) (721736) | more than 3 years ago | (#34393692)

And these are the same people who did not even know wikileaks existed before they released those 'anti-us' documents. And seriously, I don't give flying fuck about those who can only get their news from big three of four TV channels or one or two mainstream newspapers.

Wikileaks goes above and beyond that, and has been doing this for long time.

Re:So... (5, Insightful)

doconnor (134648) | more than 3 years ago | (#34393744)

Complaining that Wikileaks is anti-US is really an ad hominem argument. Just because they may be anti-US, doesn't mean what they have revealed it any less legitimate.

Re:So... (2, Insightful)

Zocalo (252965) | more than 3 years ago | (#34394070)

Also, they can only reveal information that they have been given. So far that much of that has been largely directed at the US Government could just be down to that being all they had at the time.


Personally, I can't wait to see how major financial, energy and pharma companies have been shafting the general public, because apart from "Big Tobacco" and the media cartels I can't think of any more deceitful and greedy corporate scumbags out there. My only concern, and a seriously major one at that, is that the timing, the middle of a major financial upheaval, is less than ideal. Potentially having another major bank, energy or phara company collapse right now isn't going to do *anybody* any favours, no matter what the anti-capitalists might say.

Re:So... (2, Interesting)

jmorris42 (1458) | more than 3 years ago | (#34393866)

> a lot of people recently said that Wikileaks has become
> an anti-US organization.

People say? W. T. F! Ever listened to the founder of Wikileaks? A more raving BDS aflicted loon you wouldn't find posting at Kos or DU and a more dedicated foe of civilization you won't likely find outside a cave in Pakistan.

Listen up ya primitive screwheads. Wikileaks is BAD. You may think it is a good idea to throw all the world (of course you won't find Assange leaking secrets from an evil country that might actually KILL him... not that he disagrees with most of those countries enough to want to hurt them in the first place) and watch the powerful squirm but this won't end well. Not all information wants to be Free!

You can't do foreign policy without secret cables flying around. You can't fight wars without intelligence. You just can't. Eventually a critical mass realizes it and this problem is going to get fixed. And none of the 'fixes' are going to be things we (we meaning the typical /. reader) is going to like.

The least bad outcome longterm would be for the US govt (impossible with the current people in charge) to nip this thing in the bud now. Assange is for all intents and purposes on the other fucking side. He is acting as AQ's Intelligence arm and helping generally sow chaos and fear. Accept that and the logical consequence that follows from that. Kill Julian Assange and make it known any datacenter hosting, in ANY way including just a p2p tracker, Wikileaks content will be destroyed if they refuse the takedown notice. Of course that path won't be taken and the required fixes later will be much worse. Expect secure computing inititives to go on steroids in government and industry. People MUST be able to keep secrets and will end up paying the price in liberties if forced into it.

Re:So... (-1, Flamebait)

h4rr4r (612664) | more than 3 years ago | (#34393974)

I hope you or one of your family members ends up renditioned. You are a sick person and a pathetic American.

Re:So... (0, Insightful)

Anonymous Coward | more than 3 years ago | (#34393986)

Oh my god. You are wrong on so many levels that I just don't know where to begin.

Well kinda depends (3, Informative)

Sycraft-fu (314770) | more than 3 years ago | (#34393930)

If it ends up that the new leaks target all kinds of banks and companies, then no. If they are all conveniently US banks and companies, then I'd say that lends some credence to the anti-US idea. I mean after all in terms of corporate leaks you have one of three situations:

1) Only the US companies are so incompetent as to allow any information to leak. Any non-US company is an expert at information security, as good or better than a national intelligence agency, and thus has no leaks at all. Ok well that is hard to the point of impossible believe.

2) Only US companies do anything bad. All other companies in the world are perfectly moral and righteous, they don't do anything they would be worried about the public seeing. We know that isn't the case, as a great very public example look at the French banker who got nailed for billions in unauthorized trading.

3) Wikileaks only care about or chooses to publish secrets for US entities, not foreign. This is likely.

So like I said, it'll all come down to what is released. If it is from all over the place, then that is a good sign they probably aren't motivated by anti-US feelings, the US leak was just because they happened to get that information. If everything released just happens to be about US entities, well then I'd say that is a reasonable indication that yes, they DO have an anti-US agenda.

We'll just have to see.

Re:So... (1)

_Sprocket_ (42527) | more than 3 years ago | (#34394076)

...a lot of people recently said that Wikileaks has become an anti-US organization. We should probably wait and see what they actually release, but perhaps this news shows otherwise? Or is the fact that they are going to release data on US based corporations just going to be viewed as more evidence of an anti-US sentiment?

It really depends on what they release. I've been critical of Wikileaks in the past. I find their "Collateral Murder" video to be propaganda. And I find their later data dumps to be little more than apparently releasing secrets simply for the sake of doing so while taking a jab at the US in the process (and possibly gaining support from the anti-war movement). The problem that I see is the video was edited to make a point and the data dumps fail to make a point.

What they publish next may or may not have any baring on the perception of anti-US sentiment. But they could definitely improve their perception if this next round of publishing has a point.

Shorting Op. (1)

NFN_NLN (633283) | more than 3 years ago | (#34393506)

Looks like a good time to short some US banks. Technically this is public information.

Go, Julian, go! (5, Insightful)

Lilith's Heart-shape (1224784) | more than 3 years ago | (#34393510)

Expose the corruption and tyranny of our ruling classes for all to see, and let the bastards be damned!

Re:Go, Julian, go! (4, Insightful)

oldspewey (1303305) | more than 3 years ago | (#34393570)

Here's the question: if corruption and tyranny of the ruling class is exposed for all to see, how many people will put down the xbox controller or stop shopping for some idiotic black friday deal long enough to do something about it?

Re:Go, Julian, go! (2, Interesting)

AndyAndyAndyAndy (967043) | more than 3 years ago | (#34393646)

They should wait until things are worse-off to release such damning and anger-inducing materials. We ain't going to spark the revolution this way!

Re:Go, Julian, go! (2, Interesting)

DrSkwid (118965) | more than 3 years ago | (#34393668)

More than would if it wasn't exposed at all.

Re:Go, Julian, go! (3, Insightful)

suso (153703) | more than 3 years ago | (#34393772)

Maybe its like the whole fry a frog theory. By releasing so much information all at once, we're likely to get more enraged and do something, but the steady release of information is likely to just warm us up to it and likely to get Wikileaks closed for good before it gets ot the more juicy stuff.

Re:Go, Julian, go! (2, Insightful)

cool_arrow (881921) | more than 3 years ago | (#34393920)

In order to "get more enraged and do something" people would likely need to give up their idiotic TV shows and care about something real. Sure pal.

Re:Go, Julian, go! (5, Funny)

shadowrat (1069614) | more than 3 years ago | (#34393728)

people will shift from bitterly complaining about the ruling class to smugly complaining about the ruling class. it will be totally different.

Re:Go, Julian, go! (5, Interesting)

NFN_NLN (633283) | more than 3 years ago | (#34393740)

This is a quote from the article which sums it up nicely:

Q: What do you think WikiLeaks mean for business? How do businesses need to adjust to a world where WikiLeaks exists?

A: WikiLeaks means it’s easier to run a good business and harder to run a bad business, and all CEOs should be encouraged by this. I think about the case in China where milk powder companies started cutting the protein in milk powder with plastics. That happened at a number of separate manufacturers.

Let’s say you want to run a good company. It’s nice to have an ethical workplace. Your employees are much less likely to screw you over if they’re not screwing other people over.

Then one company starts cutting their milk powder with melamine, and becomes more profitable. You can follow suit, or slowly go bankrupt and the one that’s cutting its milk powder will take you over. That’s the worst of all possible outcomes.

The other possibility is that the first one to cut its milk powder is exposed. Then you don’t have to cut your milk powder. There’s a threat of regulation that produces self-regulation.

It just means that it’s easier for honest CEOs to run an honest business, if the dishonest businesses are more effected negatively by leaks than honest businesses. That’s the whole idea. In the struggle between open and honest companies and dishonest and closed companies, we’re creating a tremendous reputational tax on the unethical companies.

Re:Go, Julian, go! (4, Funny)

Xibby (232218) | more than 3 years ago | (#34393582)

Many Bothans died to bring us this information.

Re:Go, Julian, go! (4, Funny)

beakerMeep (716990) | more than 3 years ago | (#34393664)

It's a TARP?

I am engaging in flamebait, mod accordingly... (2, Insightful)

Xaedalus (1192463) | more than 3 years ago | (#34393716)

And what exactly, pray tell, would you do once the corruption and tyranny gets exposed? What are you hoping for? The revolution to begin? Bringing down the 'fat cats' and bringing 'justice' to the 'oppressed'? Okay, fine, heard that all before.

What happens afterwards? Who does the clean-up? Who puts everything back in order? Or, would there be a New World Order? One based on your personal definitions of what is 'Just' and 'Un-Just'? One in which the Wrongs are Righted, the Righteous finally ascend to Their Proper Station, and we all live in a land of Kumbayah under a new benevolent rule?

I'll cut to the chase. Spare me your indignant moral outrage and nihilistic desire to watch the world burn. You're just as bad, corrupt, and potentially tyrannous as those you espouse to hate. The only difference between 'Them' and people like you is that you haven't gotten your turn to be in charge.

Re:I am engaging in flamebait, mod accordingly... (1)

cheekyjohnson (1873388) | more than 3 years ago | (#34394030)

You're just as bad, corrupt, and potentially tyrannous as those you espouse to hate.

That's a pretty big assumption. Just because some people are corrupt, that doesn't mean that all people are (or people that speak out against said people).

Re:Go, Julian, go! (1, Insightful)

blair1q (305137) | more than 3 years ago | (#34393998)

Assange is one of the bastards.

If he cared about justice, he'd order redaction of identities of innocent parties before releasing any information, and he'd keep his name out of it as well.

There we go wikileaks... (5, Insightful)

orphiuchus (1146483) | more than 3 years ago | (#34393512)

Now this is the kind of stuff I want to see. I already know basically what the government is doing and how things are going in the wars on the ground, what I don't know is what the pharmaceutical companies and banks have been hiding.

Re:There we go wikileaks... (2, Insightful)

Nidi62 (1525137) | more than 3 years ago | (#34393552)

Now I want to see them publish stuff from other countries. The US isn't the only country with dirty laundry. But this is certainly a good start.

Re:There we go wikileaks... (0)

Anonymous Coward | more than 3 years ago | (#34393730)

They didn't get nearly as well known until the US leaks....but they've already had leaks from multiple countries before..

Re:There we go wikileaks... (0)

Anonymous Coward | more than 3 years ago | (#34393662)

>>I already know basically what the government is doing
>>what I don't know is what the pharmaceutical companies and banks have been hiding.

Hmm, you seem to have a combination of psychic power and paranoia. I hope to high heaven you don't turn evil, Dr. Xavier.

So in short (5, Insightful)

durrr (1316311) | more than 3 years ago | (#34393516)

Wikileaks is embarassing everyone who deserves it. I approve.

Re:So in short (0, Troll)

MichaelKristopeit199 (1942486) | more than 3 years ago | (#34393568)

wikileaks is embarassing everyone who they choose to, using materials that are unconfirmed by their very nature.

Re:So in short (-1, Troll)

WilyCoder (736280) | more than 3 years ago | (#34393588)

Oh look a high UID shill.

Haha (5, Insightful)

copponex (13876) | more than 3 years ago | (#34393820)

Yeah, that's why senior administration officials are calling for Assange's head. Because he made it all up.

It's really pathetic when people consider the truth to be political. I think it's far more likely that you're upset that your worldview has turned out to be a lie.

Re:Haha (-1, Troll)

MichaelKristopeit189 (1942404) | more than 3 years ago | (#34393952)

you feel upset? i am the one offering the truth and you are the one who is hypocritically ignoring that fact and creating hostility where there is none.

you're completely pathetic.

Re:So in short (0, Troll)

MyLongNickName (822545) | more than 3 years ago | (#34393602)

Wikileaks is embarassing [sic] everyone who deserves it (in the U.S.)

Re:So in short (5, Interesting)

NFN_NLN (633283) | more than 3 years ago | (#34393794)

Wikileaks is embarassing [sic] everyone who deserves it (in the U.S.)

From the article it doesn't appear they are after the US in particular, that's just where a lot of their information is coming from.

Q: Continuing then: The tech industry?

A: We have some material on spying by a major government on the tech industry. Industrial espionage.

Q: U.S.? China?

A: The U.S. is one of the victims.

Re:So in short (1)

Splab (574204) | more than 3 years ago | (#34394066)

Shush! don't come here with facts when they are having a good round of trolling!

Re:So in short (0)

Anonymous Coward | more than 3 years ago | (#34393992)

i like to whine too, but it doesn't accomplish anything

-applied

Re:So in short (1)

oodaloop (1229816) | more than 3 years ago | (#34393758)

Would this include the sources whom the Taliban then targeted and killed?

Re:So in short (0)

Anonymous Coward | more than 3 years ago | (#34393778)

Kudos. Mod parent up.

oblig. (1)

mugnyte (203225) | more than 3 years ago | (#34393876)

  Who publishes the dirt on the publisher?

Re:So in short (0)

Anonymous Coward | more than 3 years ago | (#34393956)

Right. they are also embarrassing the several local informants whose identity has been disclosed and available to their enemies.
 
  I am sure they deserve it.

Re:So in short (1)

skywatcher2501 (1608209) | more than 3 years ago | (#34394016)

let the shitfest begin!

weeeeeeeeee (0, Troll)

MichaelKristopeit213 (1947002) | more than 3 years ago | (#34393520)

welcome to the disinformation age

Re:weeeeeeeeee (0, Flamebait)

MyLongNickName (822545) | more than 3 years ago | (#34393632)

Why do you not use capitalization? Are you a COWARD?

You are nothing.

You are completely pathetic.

Re:weeeeeeeeee (1)

durrr (1316311) | more than 3 years ago | (#34393738)

He's obviously a coward of some sort given that he have approximately half a billion slashdot accounts, that number at the end of his name is an hint.

Re:weeeeeeeeee (0, Troll)

MichaelKristopeit193 (1942468) | more than 3 years ago | (#34393796)

you're a presumptuously ignorant hypocrite.

did your mother name you "durrr"?

why do you cower in the shadows of an assumed pseudonym? what are you afraid of?

you're completely pathetic

Re:weeeeeeeeee (0, Flamebait)

MyLongNickName (822545) | more than 3 years ago | (#34393806)

why do you not use your real name? are you a COWARD. your mom has a billion slashdot accounts.

(this is kind of fun, actually)

For those that don't get the joke, go through Michael's posting history under his 50 or so accounts.

Re:weeeeeeeeee (-1, Offtopic)

MichaelKristopeit194 (1942470) | more than 3 years ago | (#34393764)

capitalization does nothing to change the logical meaning of any of the comments you would find lacking its use. it is solely a tool of the weak minded to aide their limited comprehension skills.

i am michael kristopeit. did your mother name you "MyLongNickName"?

why do you cower in the shadows of an assume pseudonym? what are you afraid of?

YOU are completely pathetic.

Re:weeeeeeeeee (0)

Anonymous Coward | more than 3 years ago | (#34393950)

DUN DUN DUNNNNNN

Will this silence all those people saying... (2, Insightful)

Nadaka (224565) | more than 3 years ago | (#34393532)

That wikileaks is exclusively an an ant-US govornment organization and that they no longer do "real whistle-blowing"?

Re:Will this silence all those people saying... (0)

Anonymous Coward | more than 3 years ago | (#34393558)

Nope. There are lots and lots of folks who simply cannot be confused by the facts.

Re:Will this silence all those people saying... (2, Insightful)

rotide (1015173) | more than 3 years ago | (#34393640)

No, now they will spin this as an attack against our economy too.

It will, "stimulate investigations" (3, Interesting)

G3ckoG33k (647276) | more than 3 years ago | (#34393550)

"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"

While one may not like all the steps taken by Assange, one should give credit for the understatement that the new documents will "stimulate investigations".

Re:It will, "stimulate investigations" (1)

Un pobre guey (593801) | more than 3 years ago | (#34394074)

Will they? Or will they be characterized as wacky crazy stunts by long-haired hippie criminals and then buried by the commercial news media?

Read all about it! (4, Insightful)

cablepokerface (718716) | more than 3 years ago | (#34393556)

Document will say that bankers are crooks.

Life will go on unchanged. They will still get their buy-out.

Carry on.

Re:Read all about it! (5, Insightful)

Frosty Piss (770223) | more than 3 years ago | (#34393838)

Life will go on unchanged. They will still get their buy-out.

Exactly. After the obscenity that was the mortgage scandal, did anything change? Nope, and the greedy bastards responsible even got a shitload of free money from The Taxpayers...

Seriously (3, Insightful)

zero.kalvin (1231372) | more than 3 years ago | (#34393560)

Are we still going to ask them to stop doing what they are doing ? However with big banks and big pharm involved, I am more concerned about the well being of the individuals who run wikileaks, then if only governments were involved.

Re:Seriously (2, Insightful)

spun (1352) | more than 3 years ago | (#34393720)

Are we still going to ask them to stop doing what they are doing ?
However with big banks and big pharm involved, I am more concerned about the well being of the individuals who run wikileaks, then if only governments were involved.

Absolutely. Governments world wide are just pawns for these sociopaths, they really don't care if governments take the blame. But when you start going after them directly, expect to wind up dead or in prison.

Re:Seriously (0)

Anonymous Coward | more than 3 years ago | (#34393756)

Seriously ? troll ?

Re:Seriously (1)

rcb1974 (654474) | more than 3 years ago | (#34393970)

People who undermine big banks end up dead. Abraham Lincoln was assassinated -- he introduced the Greenback (debt free currency). Andrew Jackson, who was also opposed to a national bank (i.e. like what we have now -- the Federal Reserve Bank), was almost assassinated but both of Richard Lawrence's pistols misfired.
 
I admire Julian Assange for courageously proclaiming the truth despite putting himself at great risk...

Bring it. (1)

tivoKlr (659818) | more than 3 years ago | (#34393594)

Given the hell that many people have been going through the past few years compliments of the banks, I say, expose them ALL!

If big Pharma has some dirt on it's hands we all should be aware of that too. Energy companies? They wouldn't ever try to screw anyone over either. The total lack of transparency when it comes to the movement of riches from the poor to the richest in America needs to be exposed with hard factual evidence, and if wikileaks has it, I hope it comes out before wikileaks is no more...

This is a potential positive from wikileaks for the general US populous, whereas the diplomatic cables, while interesting, sure piss a lot of Americans off...

That ought to be good (4, Insightful)

bartok (111886) | more than 3 years ago | (#34393618)

I hope this is about Goldman Sachs!

Re:That ought to be good (1)

Sponge Bath (413667) | more than 3 years ago | (#34393914)

FTFA: “For this, there’s only one similar example. It’s like the Enron emails.”

That does sound like Goldman Sachs.

Re:That ought to be good (2, Informative)

DigiShaman (671371) | more than 3 years ago | (#34393962)

List of top US banks. http://www.infoplease.com/ipa/A0763206.html [infoplease.com]

The following list shows the largest banks in the U.S., as of March 31, 2010. The assets are listed in millions of dollars.

1. Bank of America Corporation (Charlotte, NC) $2,340,667,014
2. J.P. Morgan Chase & Co. (New York, NY) $2,135,796,000
3. Citigroup Inc.(New York, NY) $2,002,213,000
4. Wells Fargo & Company (San Francisco, CA) $1,223,630,000
5. Goldman Sachs Group, Inc., The (New York, NY) $880,677,000
6. Morgan Stanley (New York, NY) $819,719,000
7. Metlife, Inc. (New York, NY) $565,566,452
8. Barclays Group US Inc. (Wilmington, DE) $427,837,000
9. Taunus Corporation (New York, NY) $364,079,000
10. HSBC North America Holdings Inc. (New York, NY) $345,382,871
11. U.S. Bancorp (Minneapolis, MN) $282,428,000
12. PNC Financial Services Group, Inc., The (Pittsburgh, PA) $265,432,977
13. Bank of New York Mellon Corporation, The (New York, NY) $220,966,000
14. Capital One Financial Corporation (Mclean, VA) $200,707,587
15. Ally Financial Inc. (Detroit, MI) $179,428,000
16. Suntrust Banks, Inc. (Atlanta, GA) $171,796,255
17. BB&T Corporation (Winston-Salem, NC) $163,700,076
18. TD Bank US Holding Company (Portland, ME) $154,722,170
19. State Street Corporation (Boston, MA) $152,881,394
20. Citizens Financial Group, Inc. (Providence, RI) $143,962,035
21. American Express Company (New York, NY) $142,295,548
22. Regions Financial Corporation (Birmingham, AL) $137,287,286
23. Fifth Third Bancorp (Cincinnati, OH) $112,651,313
24. Keycorp Cleveland, OH $95,260,404
25. Unionbancal Corporation San Francisco, CA $85,471,728
26. Northern Trust Corporation Chicago, IL $76,318,597
27. Bancwest Corporation Honolulu, HI $75,215,088
28. M&T Bank Corporation Buffalo, NY $68,439,222
29. Harris Financial Corp. Wilmington, DE $65,531,083
30. BBVA USA Bancshares, Inc. Houston, TX $65,169,102

Re:That ought to be good (0)

Anonymous Coward | more than 3 years ago | (#34393966)

But if the Goldman Sachs go down, who will the Federal Reserve buy the treasuries bonds from? There'd be no one between them and the Treasury to skim money off the top. Ref. [youtube.com]

Messing with Government of USA is one thing (3, Insightful)

140Mandak262Jamuna (970587) | more than 3 years ago | (#34393628)

Messing with multinational mega corporations are an entirely different thing. They might not care or even look at you indulgently when you take pot shots at the government. But come after them, they don't play nice. To put it mildly.

Re:Messing with Government of USA is one thing (2, Insightful)

Amorymeltzer (1213818) | more than 3 years ago | (#34393822)

Maybe. I mean, yes, they're probably rougher, but corporations are minuscule when it comes to the two things that matter: Money and Bureaucracy. If the top 10 officials at a bank just up and resign, well shit. It's going to tank and, while the company may not fail completely it will hemorrhage capital. If the top 10 government officials resign, there'd be some crazy press but we'd essentially be back to the status quo in a month (with a much less orange Congress). The US government may be under a huge deficit, but it still has an enormous revenue stream, in a way corporations simply can't match. Governments may do a lot of pandering, but as far as entities go, they can certainly outlast any other for-profit enterprises out there.

Re:Messing with Government of USA is one thing (1)

Amorymeltzer (1213818) | more than 3 years ago | (#34393868)

I should clarify - just because they can outlast doesn't mean they will. Ireland, for example. Not willing to make certain cuts, so a (technically small) bailout becomes necessary.

Re:Messing with Government of USA is one thing (1, Flamebait)

doconnor (134648) | more than 3 years ago | (#34393824)

I'm not sure if you are being cynical. The US government has vast organizations set up to kill people anywhere on earth (the military) or to interfere with your life (CIA). Corporations don't have ready access to either of those things.

Wow. (4, Insightful)

Facegarden (967477) | more than 3 years ago | (#34393656)

I hope Assange is as well-protected as he seems to be. He may already have the US Gov't after him, but if it's banks and pharmaceutical companies too, things are only going to get worse.

I really hope some of this stuff makes people stop saying "We hate wikileaks" and start saying "hey thanks for letting us know we were all getting fucked."

The general public needs to be reminded that censorship isn't the answer. It seems to be the only thing they want nowadays.
-Taylor

Re:Wow. (2, Informative)

mr_matthew (1945988) | more than 3 years ago | (#34393808)

I had read that even Australia has launched a criminal investigation of him - they might be able to invalidate his passport as well if things go south on that front. Interpol has an arrest warrant for him, as does (IIRC Sweden), where they want to talk to him about the alleged sexual assault he committed. I think Ecuador offered him political asylum or something like that though.

Re:Wow. (1)

gustgr (695173) | more than 3 years ago | (#34394032)

I highly doubt he hasn't the support of some government or even big companies around the world who would love to see their rivals (be it political or economical) going down. It is highly unlikely he has no secret agenda.

Next year (4, Informative)

Dan East (318230) | more than 3 years ago | (#34393674)

The blurb makes it sound like this is an imminent release. According to the interview this information won't be released until "early next year".

Re:Next year (2, Insightful)

KillaGouge (973562) | more than 3 years ago | (#34393910)

Early next year is within 60 days

Interview with Assange about banks... (3, Informative)

GPLDAN (732269) | more than 3 years ago | (#34393750)

So do you have very high impact corporate stuff to release then?

Yes, but maybe not as high impactI mean, it could take down a bank or two.



... Will we?

Yes. We have one related to a bank coming up, that’s a megaleak. It’s not as big a scale as the Iraq material, but it’s either tens or hundreds of thousands of documents depending on how you define it.

Is it a U.S. bank?

Yes, it’s a U.S. bank.

One that still exists?

Yes, a big U.S. bank.

The biggest U.S. bank?

No comment.

When will it happen?

Early next year. I won’t say more.

What do you want to be the result of this release?

[Pauses] I’m not sure.

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. Usually when you get leaks at this level, it’s about one particular case or one particular violation.

For this, there’s only one similar example. It’s like the Enron emails. Why were these so valuable? When Enron collapsed, through court processes, thousands and thousands of emails came out that were internal, and it provided a window into how the whole company was managed. It was all the little decisions that supported the flagrant violations.

This will be like that. Yes, there will be some flagrant violations, unethical practices that will be revealed, but it will also be all the supporting decision-making structures and the internal executive ethos that cames out, and that’s tremendously valuable. Like the Iraq War Logs, yes there were mass casualty incidents that were very newsworthy, but the great value is seeing the full spectrum of the war.

You could call it the ecosystem of corruption. But it’s also all the regular decision making that turns a blind eye to and supports unethical practices: the oversight that’s not done, the priorities of executives, how they think they’re fulfilling their own self-interest. The way they talk about it.

Wikileaks knows no bounds (-1, Troll)

onyxruby (118189) | more than 3 years ago | (#34393786)

This kind of things goes to show that wikileaks knows no bounds beyond it's ego. Previous defenders of it have often pulled the card that it only exposes government secrets.

The fallacy of that defense is now gone, and wikileaks is exposing itself for what it really is, an out of control organization holding itself above any law seeking to cause as much societal disruption to as they can. What's next, exposing people's bank records? Perhaps it's ok to expose bank records if we don't like the person will be used to justify this.

How would you like to have your company's business plans and secrets exposed to the world to see? Will this kind of thing still be ok when a Chinese company steals your R&D and beats you to the market resulting in your future job loss? I've called out this possibility before only to be flamed for suggesting such a thing and now it it has inevitably come true.

It is inevitable that in it's power hungry appetite wikileaks will continue to expose any and every secret that they can. At some point health records will be exposed (perhaps by justifying something like Americans are too fat), bank details will be exposed and anything else that can be had.

What people need to learn is that wikileaks is not the enemy of the United States, it is the enemy of humanity.

good, mess with the corporations (5, Interesting)

circletimessquare (444983) | more than 3 years ago | (#34393842)

messing with governments gets mixed up in equivalency and nationalism and generates more heat than anything actually useful. iran is already saying wikileaks is an american plot

http://www.presstv.ir/details/153259.html [presstv.ir]

something that hurts the usa should be a subject of celebration in the iranian government, right? no. because people are so mixed up in their prejudices, any reveal of what a government did or said can always be conveniently reexplained with some creative thinking such that your prejudices are never really examined. whether pro-usa, or anti-usa, your opinion of the usa is completely unaffected by wikileaks, as iranian spin shows

wikileaks clearly shows that the great satan is not the one who hates them and wants their destruction: all their neighboring countries secretly push the usa to topple iran, while those countries say nothing publicly. that's what wikileaks shows. this challenges the narrative of the great satan plotting your downfall, and so proof that the great satan is not a great satan. therefore, wikileaks must be explained away with plots and conspiracies, where julian assange is actually an agent of the CIA. it would be hilarious, if maintaining the prejudicial narrative weren't such a deadly serious effort by those who love, or hate, the usa, for prejudicial reasons. so it's a complete wash: wikileaks has zero effect on the usa's standing in the world, or in the minds of committed pro-usa or anti-usa partisans.

however, the corporations, they need unmasking. a lot of people in the usa have this phony narrative of their poor neighbors and their government being the enemy of their prosperity. the real enemy of their prosperity: corporations. there is nothing wrong with capitalism, but corporatism is not capitalism. corporatism is buying off the government to permanently warp the markplace against the smaller players and to entrench your dominant position in it. the government is not the enemy, corporations are. the greatest enemy capitalism has ever known, in fact, is not communism, but corporatism, in all of economic history, the big players have always warped the markplace in their direction. yet so many fools believe this phony narrative of the government and poor people being the enemy of capitalism, and large corporations heroes, or at worst, harmless victims on the sidelines, of evil government regulations (that are written by those same corporations)

so hopefully, a reveal of how corporations are your real enemy, not your government, might open some foolish eyes, for once, i hope

No more submissions? (1)

mugnyte (203225) | more than 3 years ago | (#34393854)

    They really need to accept and publish some anonymous submissions about forgotten people/companies/countries doing something good. This "new world history" may be a little draining, to the effect of nobody really caring any more - everyone is a crook, liar and cheat. Isn't this usually just called "gettin old" ?

  Get off my lawn. Here...take this bank with you.

Revelation? (0)

Anonymous Coward | more than 3 years ago | (#34393856)

So they've hit the government, now they're going to hit the merchants. Hmm... If they hint they've got a massive bombshell about religious groups, you might want to duck and cover.

Doing their job. (5, Insightful)

Beer_Smurf (700116) | more than 3 years ago | (#34393870)

If the media had been doing their job WikiLeaks would not be needed.
But since the media is in bed with government and industry, this is what it takes.

interesting... (1)

emagery (914122) | more than 3 years ago | (#34393898)

So they warn about releasing military|political data and our 'people' just complain about it and pick up the pieces... but now that they're going after corporate powers, they're under enormous DDoS fire, huh? I hope this is juicy data.

Telling us what we already know... (0)

Anonymous Coward | more than 3 years ago | (#34393938)

I'm yawning,
I'm yawning some more,
and Zzzzzz.

Wikileaks seems to be playing the PR angle a lot (2, Interesting)

91degrees (207121) | more than 3 years ago | (#34393960)

Okay. Why Not Just Release It!?

Wikileaks was a site that just published leaked documents. It still does this. It seems now though that it wants to be considered a major entity in its own right rather than just as an anonymous dumping ground for data. So now we have Julian Assange publicly engaged in self promotion, by revealing himself and Wikileaks pre-announcing its leaks.

It concerns me a little. It does seem to change the nature of what Wikileaks is. Is it a news site that has an explicit agenda, or an anonymous service that releases everything without taking a moral stance?

Re:Wikileaks seems to be playing the PR angle a lo (4, Interesting)

rakuen (1230808) | more than 3 years ago | (#34394072)

Well, to take a third option, what if he's heavily broadcasting his actions for a reason? You know, the US government scrambled around doing damage control in preparation for the cable leak. Maybe this is his way of saying, "Hey, I have this information and I'm going to give you the chance to do something before it hits the fan."

Devil's Advocate to be sure, but considering the goal of this is transparancy, it would mean a lot more if the bank would come clean itself, rather than wait for a third party who claims to have them already beaten.

Putting words in JA's mouth? (0)

Anonymous Coward | more than 3 years ago | (#34393978)

I thought the following exchange on page 2 was interesting. Not sure that it means, except that the interviewer seemed to be putting (fairly harmless) words into Julian Assange's mouth:

JA: . . . These big package releases. There should be a cute name for them.

Interviewer: Megaleaks?

JA: Megaleaks. That’s good. These megaleaks . . . .

Interviewer: These megaleaks, as you call them . . . .

Gosh... (0)

Anonymous Coward | more than 3 years ago | (#34393980)

Yeah, sure, we like to see big companies getting screwed. Unless it is the company where our family members work, or the company which takes care of our money, or the company which takes care of our health care.

Disrupting such companies might be worse and have much more dangerous effects than what they were doing wrong in the first place. WikiLeaks is being irresponsible, people who had nothing to do with the misconducts will certainly lose their jobs and not only within the companies -- the economy is an ecosystem, if one species goes away, a lot more will suffer.

Revolution (5, Insightful)

Jorl17 (1716772) | more than 3 years ago | (#34394006)

I don't really care if they're anti or pro American. This is a true Revolution to be remembered in future time. If all these documents are, indeed, real, then we may be watching the true Revolution of Freedom -- the discovery that our democracy has grown to be something riddled with shit and corruption. The question that I pose is: What's next?

Democracy is still the best ideal that I believe we have. I am talking worldwide, not just in the US. What is the valid alternative? Alternatives that I often discuss with my friends are alternatives that establish different democratic hierarchies and especially voting restrictions. However, this ideal that I often propose to them is just not feasible for many reasons (mainly: Human non determination, Human misuse of resources, implicit discrimination and violation of human rights). What is our alternative? Where do we go from here? I'm sure many disagree, but it seems to many that most (notice not /all/, but *most*) democracy isn't working and will not work in the near future. What IS __THE NEXT STEP__?

For starters, WikiLeaks seems to be going there. Freedom is a must have. Transparency is essential. Not everywhere, as some things must be made secret, but the fear of being discovered -- much like is happening now -- can force people to "behave". This is a true revolution if it gets spread and if it really gets worldwide. We must use this to our well being, we must show people that Freedom is essential and that a Democracy without proper freedom and ethically correct behavior isn't good. That IS the next step -- a Free, Ethically Correct Democracy. Unfortunately, that is the exact ideal that we can't reach, because even losers vote -- and losers can't vote decently. Plus, even if we didn't allow losers to vote, who is to say they didn't stop being losers? Plus, who isn't to say that "non losers" can't be bought or vote wrongly? Who isn't to say that the politicians that "ethically correct people" elect change their position and become "evil"?

The World keeps going forward, but we're walking backwards -- and we don't seem to be willing to go forward...just check the possible comments and troll ratings I'll get instead of a logical and healthy debate.

um... YES. (4, Insightful)

The Hatchet (1766306) | more than 3 years ago | (#34394010)

YES YES YES. YES. OH GOD YES. OH YEA. FUCK YEA. Please, release this data soon. I want this so bad. Hell, considering how incredibly evil the bank and corporate system in America is on a public level, I am terrified and excited and horny to find out how evil they have actually been being this entire time.

Until JA takes on Islam... (0)

Anonymous Coward | more than 3 years ago | (#34394014)

...I'm not interested.

Not to be morbid, but... (3, Insightful)

webdog314 (960286) | more than 3 years ago | (#34394018)

Attacking the U.S. government was dangerous enough, but with the amount of collective money behind the banks, pharma and energy, I sure wouldn't want to be anyone associated with WikiLeaks right now. A ten-million dollar per head contract for these people would be chump change for the companies involved.

The daily bail... (1)

blahplusplus (757119) | more than 3 years ago | (#34394022)

... everyone interested in the ongoing bullshit with the banks should see this.

http://dailybail.com/ [dailybail.com]

Some of their videos just make me livid. Socialism for the rich, free market for everyone else.

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