Tag Archives: New York City

IMF Boss In Jail After Sexual Assult

According to the NYPost, IMF head Dominique Strauss-Khan was arrested Saturday on board the first class cabin of a New York-Paris flight as it was about to take off. Strauss-Kahn is now in police custody. No bailouts today.

“If there was any threat that the IMF would launch an SDR alternative to the USD, it is all over now.”

Zero Hedge

IMF Managing Director Dominique Strauss-Kahn was taken into custody on Saturday at JFK airport in New York and was being questioned in regard to a sexual assault, a New York police spokesman told Reuters.

Police spokesman Paul Browne saiys the woman who filed the complaint against Strauss-Kahn, 62, was a 32-year-old chambermaid who fled the room after being attact by the IMF boss.

“Around noon today, a maid at the hotel knocked on the door of Strauss-Khan’s room. After letting the maid in, Strauss-Khan allegedly threw the maid on the room’s bed and forced her to perform oral sex on him,” police sources says.

“Strauss-Khan let the maid leave — and soon afterward, headed off to Kennedy Airport for his flight to Paris.”

“The NYPD realized he had fled, he had left his cell phone behind,” Browne says.

“We learned he was on an Air France plane. They held the plane and he was taken off and is now being held in police custody for questioning.”

The chambermaid was brought by EMS (emergency medical services) to the Roosevelt Hotel, where she was treated for minor injuries,according to the police spokesman.

Strauss-Kahn has not been officially charged with anything, yet.

This is not the first time the head of the bailout masters have been in a situation like this:

In 2008 Dominique Strauss-Kahn was investigated in Washington over an alleged fling with a former subordinate.

Allies of Mr Strauss-Kahn and some commentators dismissed the affair as another episode of hysteria by puritanical US institutions.

Luc Chatel, the government spokesman, said: “Dominique Strauss-Kahn has shown throughout this crisis that he was up to the task.”

The consensus among the Government and media, however, was that Mr Strauss-Kahn was foolish to risk breaching the strict rules of conduct in international organisations.

“The affair may well be ridiculous compared with the destiny of the world, but it touches the heart of the culture of the American Government and the IMF,” said Claude Askolo-vitch, the editor of Le Journal du Dimanche.

“It is less about sexual puritanism . . . than a deep horror of lies and conflict of interest.”

IMF have made the following short comment on today’s news:

Statement on IMF Managing Director Dominique Strauss-Kahn
Press Release No. 11/179
May 15, 2011

Ms. Caroline Atkinson, Director of External Relations at the International Monetary Fund (IMF), issued the following statement today:

“IMF Managing Director Strauss-Kahn was arrested in New York City. Mr. Strauss-Kahn has retained legal counsel, and the IMF has no comment on the case; all inquiries will be referred to his personal lawyer and to the local authorities.

“The IMF remains fully functioning and operational.”

(I guess that means all bailout requests must now be adressed to Ms. Atkinson.)

However, the comments are starting to buzz around the internet. And as usual Tyler Durden at Zero Hedge shoots to kill:

”If there was any threat that the IMF would launch an SDR alternative to the USD, it is all over now.”

”Of course this will not be the first sexual misconduct for the head of the world’s global pseudo bail out organization: as a reminder back in 2008 the IMF hired a law firm to investigate whether its chief had an improper relationship with a female employee, Piroska Nagy. Back then he got off. This time he won’t (even though he did… in a way), and it appears that the IMF is about to lose its head, meaning the fate of literally unlimited bailout funding is now up in the air. Also, it appears that being head of major bureaucracy does not automatically mean getting head on an ad hoc, and involuntary basis. Lastly, we are stunned it was not Herman Von Rompuy or G-Pap on the receiving end.”

”Next up: we expect a letter from the IMF disclosing how the world will end if charges are pursued and if, heaven forbid, the IMF head is thrown in jail.”

”In the meantime, the website of the Smoking Gun must be on fire with one million bored Burssels bureaucrats awaiting the release of the IMF head’s mugshot.”

Related by the Econotwis’s:

Related articles:


Filed under International Econnomic Politics, Laws and Regulations

Hackers Target The New York Stock Exchange

The group of hacktivists calling themselves “Anonymous” is said to be preparing for a massive cyber attack on New York Stock Exchange – the heart of the global financial markets. According to a press release, the hacktivists have launched  “Operation Icarus” with the goal to create financial chaos and public unrest.
“It is time to show the world the true power and the true face of the faceless, the nameless and the ghosts of society.”


It’s only six weeks since the management at Nasdaq OMX were so kind to inform their clients and other market participants that hackers had broken into their trading systems – a year earlier. Those guys didn’t leave much of a trace and it’s still unclear what they’ve actually have been doing to the Nasdaq systems. At least the Anonymous has the decency to give investors a warning in advance.

To me it seems like the Anonymous have been struggling a bit lately to get the attention they want.
Last Monday the hacktivists launched another operation – “Operation Leaks”.
In a series of messages on Twitter last Sunday evening they promised to release emails that supposedly should document “fraud and corruption” at Bank of America (BAC).

The release comes three and a half months after Wikileaks founder Julian Assange scared the financial industry by  promising to “take down a bank or two” by releasing “either tens or hundreds of thousands of documents.”

Assange likened the documents to the ones that prosecutors used in bringing top executives of failed energy trader Enron to justice.

However, the released emails do not live up to the high expectations, set by Mr. Assange and the Anonymous hackers, and have not got much attention in any media so far.
The emails released on Monday doesn’t really prove anything, eighter, just that someone at BoA tried to alter some numbers in a document so it didn’t match a certain series of loans.

(Download one archive here: http://uiu.me/U.zip)
So, to compete with Moammar Gaddafi and the Japanese nuclear reactors, the Anonymous have now issued another statement in where they inform of the launching of “Operation Icarus,” aimed at the New York Stock Exchange.

“This is the operation to end all others,” the hacktivists writes.

Here’s the full press release:

Operation Icarus
Attention Brothers: The opportunity to create financial chaos and public unrest and from that, there will be a previously unachieved amount of lulz to be had. Charge your lasers and aim them at the New York Stock Exchange. (NYSE.com)
It has been said that humanity is not an end in itself but rather a means to an end. We have shown the world our strength to deny ignorance, overcome adversity, fight oppression and even the power to throw a wrench in the system that perpetuates it.
We are enslaved within a matrix of institutions with the illusion that each stands alone, each fighting for power, for profits, for the scraps on the table that represent humanities dwindling resources.
In reality however, these institutions; the arms industries, banking and other financial institutions, government intelligence agencies and countless others have formed what was once a clandestine coalition whose corruption and avarice have become increasingly transparent due to wikileaks and the efforts of anonymous.
This coalition seeks the preservation and the perpetuation of the powers that be and this octopus operates through the tentacles of the IMF, the Federal Reserve and the World Bank, masterminded by think tanks such as the Bilderberg group and the Council on Foreign Relations.
The puppets of the powers that be include the president of the united states and his cabinet, and through them they are able to repress the freedom of information and with it the free and open exchange of ideas which are fundamental to the existence and operations of anonymous and the ability to see beyond the veil of secrecy from which the powers that be stand behind.
But where does the power behind the throne lie? Within the global financial system, centered within the New York stock exchange.
They feel secure in their ivory tower built on the broken backs of the laborers of the world for what are their subjects but human…all too human.
In humanity lies the restraints of pity and mercy, driven by fear. But We are not merely human. Anonymous is something much more for we possess neither fear nor mercy.
It is time to show the world the true power and the true face of the faceless, the nameless and the ghosts of society.
Like Icarus, the powers that be have flown too close to the sun and the time has come to set the wings of their empire ablaze and watch the system their power relies on come to a grinding halt and come crashing down around them. We must strike at the heart of their empire by once again throw a wrench into the machine, but this time we face a much bigger target; the global financial system.
This time our target is the New York Stock Exchange. (NYSE.com)
This is a call to arms my brothers who for too long have stood for nothing but have criticized everything. Stand now, behind the banner of free men against the tyrannical matrix of institutions that oppose us. Ready your weapons and aim them at the New York Stock Exchange.
This is the operation to end all others. Innocent people may stand to lose something from this but the powers that be stand to lose much more. Bring the rain brothers.
We are Anonymous
We are Legion
We do not forgive
We do not forget
Expect Us.

Yeah..Well, I’m  not really sure what to expect…


Filed under International Econnomic Politics, Laws and Regulations, Philosophy, Technology

NASDAQ Comments On Hackers, Lack of Information

We wasn’t supposed to know about the penetration of NASDAQ‘s computer systems until the US government had finished their investigation – next week at the earliest, that is. But since the story popped in The Wall Street Journal, Saturday, the NASDAQ management could no longer keep quiet. After a consultation with the US Department of Justice, they have issued the following statement.

“Through our normal security monitoring systems we detected suspicious files on the US servers unrelated to our trading systems and determined that our web facing application Directors Desk was potentially affected.”

Adena Friedman/Vince Palmiere

Security is not what it used to be.

“Many of you may have read an article published in today’s Wall Street Journal which reports that computer hackers have penetrated our network. Below are facts behind the story,” the US stock exchange writes in a note to its clients.

“Through our normal security monitoring systems we detected suspicious files on the US servers unrelated to our trading systems and determined that our web facing application Directors Desk was potentially affected. We immediately conducted an investigation, which included outside forensic firms and US federal law enforcement. The files were immediately removed and at this point there is no evidence that any Directors Desk customer information was accessed or acquired by hackers. Our trading platform architecture operates independently from our web-facing services like Directors Desk and at no point was any of NASDAQ OMX’s operated or serviced trading platforms compromised.”

“Subsequently, the US Department of Justice requested that we refrain from providing notice to our customers until, at the earliest, February 14, 2011, in order to facilitate the continuing investigation. NASDAQ OMX was honoring the US Government’s request to delay notification, but when a story ran in the media on Saturday, February, 5, 2011, regarding a hacking incident at NASDAQ OMX, we immediately decided, in consultation with the authorities, that we must inform our constituents.”

“We continue to evaluate and enhance our advanced security controls to respond to the ever increasing global cyber threat and continue to devote extensive resources to further secure our systems. Cyber attacks against corporations and government occur constantly. NASDAQ OMX remains vigilant against such attacks. We have been working in cooperation with the Government’s ongoing investigations and have received their technical advice for which we are appreciative.”

As always, please don’t hesitate to contact us if needed.

Adena Friedman
Executive Vice President, Corporate Strategy and Chief Financial Officer

Vince Palmiere
Vice President, Investor Relations

Okay, but this rise a couple of another interesting questions:

Like: On which NASDAQ-unrelated US servers were the suspicious files detected?

And if I should give any advise to the NASDAQ people it would be to get a second opinion on the security issues, besides what they get from the US authorities.

Blogger Templates

(h/t: Zero Hedge)

Related by the Econotwist’s:


Filed under International Econnomic Politics, Laws and Regulations, National Economic Politics, Technology