Category Archives: Bloomberg News

How The Hillary ‘Victory Fund’ Uses State Democratic Committees To Launder Money To The DNC | Zero Hedge

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Is the Hillary Victory Fund using state democratic committees to launder donations from wealthy individuals to the Democratic National Committee?  Evidence gathered by Bloomberg would certainly seem to suggest so.

So how does it work?  Campaign finance laws specifically restrict the amount of money any single person can give to individual candidates ($2,700), a party’s various state committees ($10,000) as well as a party’s national committee ($33,400).  In theory, therefore, that would imply a person would be capped out at $46,100 if he contributed the max his Presidential candidate, his party’s national committee and his party’s state committee.  But, that’s just a narrow “interpretation” of the “intent” of the campaign finance laws and Hillary isn’t really all about “intent”…just ask FBI Director Comey.

So, the Hillary Victory Fund has come up with a clever way to use state democratic committees (of which there are 33) as money-laundering tools to effectively increase the amount that can be contributed to the Democratic National Committee from $33,400 to $363,400 (it’s only like 1,000% more than intended).

Continue reading How The Hillary ‘Victory Fund’ Uses State Democratic Committees To Launder Money To The DNC | Zero Hedge

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Soros hacked, thousands of Open Society Foundations files released online — RT America

More than 2,500 files from the raft of organizations run by billionaire George Soros have been leaked by hackers.

Saturday’s leak, published by DC leaks, includes hundreds of internal documents from multiple departments of Soros’ groups, predominantly the Open Society Foundations.

Continue reading Soros hacked, thousands of Open Society Foundations files released online — RT America

Russian Hackers Leak George Soros Documents Online | Your News Wire

August 14, 2016 by Sean Adl-Tabatabai

Russian hackers have been blamed for hacking into the email accounts of George Soros and Gen. Philip Breedlove.

Just as the western media laid the blame on the recent DNC hack to “Russian hackers” with very little proof, Bloomberg report that Russian hackers have yet again penetrated the systems of Open Society.

Sputniknews.com reports:

The report says that hackers gained access to the company’s intranet system called Karl, used to circulate draft program proposals, budgets and other internal documents.

“The hackers may have had access to the foundations’ network for nearly a year,” Bloomberg writes. “Although Open Society has about 800 full-time staff, as many as 7,000 people have access to Karl, which is used to circulate draft program proposals, budgets and other internal documents.”

Continue reading Russian Hackers Leak George Soros Documents Online | Your News Wire

18 Years Later – Pam Martens Sends Another Warning To The Fed & The Clintons | Zero Hedge

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Below is the testimony of Pam Martens to the Federal Reserve on June 26, 1998, imploring it not to support the repeal of the Glass-Steagall Act and usher in an era where Wall Street banks like Citigroup could own both insured deposits at its commercial bank as well as engage in high risk trading at its investment bank

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It is the same players that we saw enabling reckless behavior in 1998: Citigroup, the Fed, and the Clinton-led Wall Street Democrats. And, as Jesse notes, here we are again, almost eighteen years later, watching the same short term, selfish characteristics by the big money banks putting the entire economy of productive individuals at risk again

“There’s something big and scary going on behind the scenes but, as usual, the public isn’t reading about it on the front pages of the newspapers.” Pam Martens and Russ Martens warn that big banks and big insurers send scary signals…

Yesterday, the broad stock market, as measured by the Standard and Poor’s 500 Index, declined a modest 0.29 percent while big Wall Street banks like Citigroup and JPMorgan Chase fell by triple that amount. Bank of America, which bought the big retail brokerage firm, Merrill Lynch, in the midst of the 2008 crash, fell by 8.6 times the rate of the decline in the S&P to give up 2.50 percent.

 

Equally noteworthy, two major insurers, MetLife and Prudential Financial, saw percentage market losses far in excess of the S&P. MetLife declined by 2.74 percent while Prudential Financial lost 1.68 percent. Prudential Financial has been named a Systemically Important Financial Institution (SIFI) by the Financial Stability Oversight Council. MetLife had received the same designation but won a court battle to rescind the designation. The U.S. government is appealing.

Continue reading 18 Years Later – Pam Martens Sends Another Warning To The Fed & The Clintons | Zero Hedge