Corporate Crime

I Hope It Really Stings

I've been ambivalent about Wikileaks, but I assure you -- the Bank of America document dump is something I'm very much looking forward to. In fact, I hope Wikileaks nails many more corporations as time goes on. If for no other reason than to discover that some of them actually have "counterespionage" units.

15 to 20 bank officials, along with consulting firm Booz Allen Hamilton, will be "scouring thousands of documents in the event that they become public, reviewing every case where a computer has gone missing and hunting for any sign that its systems might have been compromised."

So far, the team hasn't found the source of the leak. As for the content, the NYT reports that the counterespionage task force is focussing closely on BofA's acquisition of Merrill Lynch, which was investigated by the SEC in 2009 and 2010, along with the bank's acquisition of the ailing mortgage giant Countrywide Financial in 2008.

Suggested additional corporation for Wikileaks: Monsanto. I'm not sure if they have a counterespionage unit, but they employ a St Louis-based private investigation outfit that usually harasses farmers and small-timers. I'd like to see those sneaky bastards get totally overwhelmed by the crush of the media spotlight.