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In reply to the discussion: Know your BFEE: WikiLeaks Stratfor Dump Exposes Continued Secret Government Warmongering [View all]Octafish
(55,745 posts)44. Wikileaks Release Suggests Stratfor Inside Info Plan with Goldman Sachs Exec
Here's one distribution list I'd've liked to have been cc'd on.
Wikileaks Release Suggests Stratfor Inside Info Plan with Goldman Sachs Exec
By Ryan Villarreal: Subscribe to Ryan's RSS feed
IBTimes.com
February 27, 2012 6:26 PM EST
WikiLeaks released more than 5 million e-mails Monday hacked from U.S.-based global intelligence firm Strategy Forecasting Inc. (Stratfor), revealing an alleged plan between the firm's CEO and a Goldman Sachs executive to set up an investment fund that would rely on inside information gathered by the company.
A September 2011 company-wide e-mail composed by Stratfor CEO George Friedman indicates that Goldman Sachs financial adviser and former Managing Director Shea Morenz was directly involved in the establishment of the investment fund StratCap.
"Shea Morenz provided us with two opportunities," wrote Friedman.
"First, he made an investment in Stratfor designed to give us the capital needed to build our staff and our marketing. Second, he proposed a new venture, StratCap, which would allow us to utilize the intelligence we were gathering about the world in a new but related venue -- an investment fund. Where we had previously advised other hedge funds. We would now have our own, itself fully funded by Shea."
CONTINUED...
http://www.ibtimes.com/articles/305532/20120227/wikileaks-stratfor-stratcap-goldman-sachs-fund-julian.htm
Sorry to add to the reading list, Agony, but isn't there a law against inside trading? I mean, for us little people?
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Know your BFEE: WikiLeaks Stratfor Dump Exposes Continued Secret Government Warmongering [View all]
Octafish
Feb 2012
OP
This information makes live tours of an 19th-century sausage factory seem fit for pre-schoolers.
Octafish
Mar 2012
#6
While most everyone I know doesn't mind paying taxes to make the USA a better place...
Octafish
Mar 2012
#11