WikiLeaks’ Next Target: Banks
With WikiLeaks’ next release targeting Bank of America, traders fear a subprime lending scandal will be exposed. The Daily Beast talks with someone who has read the leaked files.
Sign up for the Smarter Faster newsletter
A weekly newsletter featuring the biggest ideas from the smartest people
WikiLeaks founder Julian Assange has declared Bank of America his next target, and despite official statements declaring they have “no indication” of an imminent attack, the bank is taking this threat very seriously, and has responded, according to several insiders, by convening a “legal S.W.A.T. team,” ready to respond the very minute documents are made public. So what makes Bank of America so worried? While Bank of America is telling reporters that it has investigated a possible document leak and hasn’t found any, one source who claims to have read some of the documents held by WikiLeaks confirms that they do in fact involve Bank of America.
Sign up for the Smarter Faster newsletter
A weekly newsletter featuring the biggest ideas from the smartest people