WikiLeaks Has Major US Bank Scandals to Reveal In 2011

WikiLeaks has opened the Pandora’s Box for the government and has revealed some interesting and amusing conversations from embassy cables across the nation.

However, this only marks the beginning of a series of releases. There was definitely more to follow and they had talked of it earlier this month. Forbes had an exclusive with Assange and this is what they have to say about it:

In an exclusive interview earlier this month, WikiLeaks founder Julian Assange told Forbes that his whistleblower site will release tens of thousands of documents from a major U.S. financial firm in early 2011. Assange wouldn’t say exactly what date, what bank, or what documents, but he compared the coming release to the emails that emerged in the Enron trial, a comprehensive look at a corporation’s bad behavior.

The overwhelming response on the WikiLeaks submission channel was so intense that they had to close submissions in December as they were running out of places to publish the submissions. Assange has decided to release matters that are more serious as compared to other not so important ones. So remember, anything that we see next, is the best Assange has.

Published by

Chinmoy Kanjilal

Chinmoy Kanjilal is a FOSS enthusiast and evangelist. He is passionate about Android. Security exploits turn him on and he loves to tinker with computer networks. You can connect with him on Twitter @ckandroid.

  • Jack

    Go, Julian, go! I can’t wait to see some enormous American bank embarassed to the hilt! I would be even better to see the entire lot of them wither & blow away!

  • Timmi Nicole

    My name is Timmi Nicole Roberts and I wanted to share our story with you, and let you know how upset we are with US bank . We live in Toronto Ohio and my husband who is Matthew Roberts applied for a FHA loan and was automated approved, our loan officer is Michelle Means and the manager of that branch is Melissa Watts, we have banked there a while and have a great relationship there. We also have a new car and it is financed through US Bank as well. Here is the story . In 2005 we purchased a home and long story short we were victims of fraudulent lending, we ended up having to file bankruptcy and foreclosed on the home. In court the trustee pointed out that there was fraud in the mortgage. We were discharged in December of 2007 . So were we on a plan to rebuild my husband’s credit and get back on track. He has been employed at Timet Titanium Metals for 7 yrs and makes a great income also has 4 open lines of trade with not one late . We have proof of rental history of 2 yrs and cancelled checks also had the 3.5 % down. His middle score was 603 , We had a few medical collections on his report but last week we paid them off . I was also diagnosed with ovarian cancer last year and missed a few medical payments . Our loan officer stated that there was no reason why we would not get the loan we fit all the criteria and everything would be fine. We were purchasing a house for 74,000.00 and seller paying closing costs also got money out of his 401 k for down payment also paid inspection, appraisal and app fee that is how far we were into this. Well after underwriter reviewed this she down graded the file and said no , Michelle our loan officer went above her and got the supervisor involved and it was not over turned. I understand that we have had a past to recover from but we deserve a second chance. We were told to trasnsfer our case to Wells Fargo in which they said they could approve the loan. I am furious with US Bank because we wanted it done locally and through a bank that we already had dealings with . How could they do this , we were also told that US Bank has been turning alot of FHA loans down . We do fit the criteria so I just dont understand. My loan officer said that she felt that if she would have supplied the rental history and canceled checks and proof that we paid off medical collection it would have been approved well that should have been done right away. We have a car loan through you and I can honestly say that we will refinance and take our business else where . People deserve second chances in life and I feel that we were treated very unfair . Why did you take our money for appraisal and app if it was going to be denied ? I can honestly say this is an outrage and we should have been approved. Wells Fargo they say is the number 1 lender I can see why . After all this is finished and we close on our home in which US bank said in 12 months they would re look at ? I will pull all of our accounts and seek business else where. I dont know what this story does for you but I would think there are many stories like this . You guys say you want to help but really you dont . All these banks get help from the government when they need it but you cant help the people who are trying to over come the past and out loan officer pointed out that on his credit report no lates on the trade lines at all and 2 of them have been opened almost 3 years that should say something .