Public Service Announcements
In a new PSA from the FBI denouncing insider trading, Michael Douglas, star of Wall Street and Wall Street 2: Money Never Sleep tells the American public that the Oliver Stone movies were fictional. But!
In spite of a fusillade of P.R. overkill about what a brave, risk-taking actor he is, and how he spent five hours a day in a makeup chair squirming, Leonardo DiCaprio’s portrait of a balding, sweaty, gristle-chewing, half-mad J. Edgar Hoover is gimmicky play acting. J. Edgar, Clint Eastwood’s exhausting chronicle of power obsession about the enigmatic, self-serving egomaniac who, as director of the F.B.I., kept America trembling with terror for half a century under the phony guise of patriotism, is a long, tedious and hollow disappointment.
At a time when the new Russia is more about gangsters than politicians, along comes a benign thriller that is about as thrilling as last week’s borscht.
Ray Kelly declined today to say if he was interested in or had been contacted about becoming the director of the Federal Bureau of Investigation.
“I’m very happy where I am. Best job in America,” he told a scrum of reporters after a press conference at Grand Central Terminal with Department of Homeland Security head Read More
White Collar Grime
The FBI has tasked agents from its Behavioral Analysis Unit with profiling the tics and traits of a Wall Street fraudster, according to Reuters.
As is pointed out a number of times in the article, this is a difficult task, since what makes people good at business might coincide with the things that make them Read More
“They better be fucking confident that they’re right before they destroy reputations,” a major New York hedge fund manager was saying just before midnight on Monday. Attorney General Eric Holder had confirmed an investigation of Wall Street that afternoon, 10 days after The Journal had broken news of a three-year insider-trading probe that “could eclipse Read More
Having made three stops in New England yesterday, the authorities’ traveling crackdown caravan may soon head to Chicago. Balyasny Asset Management, a Windy City-based fund with about $1.8 billion under management as of the end of the second quarter, is “being examined,” according to Susan Pulliam of The Wall Street Journal.
There’s Read More
Following the lead of nations like India and the Arab Emirates an Obama administration task force is working to ensure that your phone, email and even Facebook status are available for immediate and consistent snooping.
A 1994 law established that cell and broadband network companies must design their systems so that survelliance can begin immediately Read More
It seems hard to believe, but it’s true: The Taxi and Limousine Commission can find out if a would-be driver ever had a brush with the law in New York, but if the potential cabbie committed a felony outside of the state, well, there’s no way of knowing.
That ought to change, and Read More
CBS News anchor Walter Cronkite offered his advice and his news division’s resources to anti-Vienam student organizers from Rollins College in 1969, according to FBI documents uncovered in the latest Freedom of Information Law treatment from John Cook.
Mr. Cook, formerly of Gawker and now of Yahoo!, has found information about a Read More