Subscribe to our mailing list

* indicates required

 

 

 

 

BROWSE BY TOPIC

ABOUT FINANCIALISH

We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.

 

Stay Informed with the latest fanancialish news.

 

SUBSCRIBE FOR
NEWSLETTERS & ALERTS

FOLLOW US

Archive

Is BofA 'That Bank'?

November 30, 2010

Bank of America may be the major financial firm that WikiLeaks.org is targetting, according to CNBC's John Carney.  Does WikiLeaks's Julian Assange possess tens of thousands of documents on BofA - documents that Mr. Assange claims would reveal unethical behavior and likely prompt official investigations and reforms.  Mr. Assange didn't name a specific financial institution or bank, but, in an interview last year, he said WikiLeaks had acquired a huge cache of documents on Bank of America. 

"At the moment, for example, we are sitting on 5GB from Bank of America, one of the executive's hard drives."

"Now how do we present that? It's a difficult problem. We could just dump it all into one giant Zip file, but we know for a fact that has limited impact. To have impact, it needs to be easy for people to dive in and search it and get something out of it."

That interview didn't grab much notice, in part because it was given to Computer World rather than the financial press.  But now it has been picked up by Sahil Kapur at the Raw Story and Ryan McCarthy, the business editor at Huffington Post.  It's likely to get a lot more attention.  CNBC could not reach Bank of America for comment about this story.   [CNBC's NetNet, 11/30]