The power of WikiLeaks remains undiminished in 2011. The New York Times devotes a major story to Bank of America’s desperate attempts to mitigate the carnage expected when (if) WikiLeaks releases details of scandalous, fraudulent activities at the bank:
… Read the rest
By the time the conference call ended, it was nearly midnight at Bank of America’s headquarters in Charlotte, N.C., but the bank’s counterespionage work was only just beginning.
A day earlier, on Nov. 29, the director of WikiLeaks, Julian Assange, said in an interview that he intended to “take down” a major American bank and reveal an “ecosystem of corruption” with a cache of data from an executive’s hard drive. With Bank of America’s share price falling on the widely held suspicion that the hard drive was theirs, the executives on the call concluded it was time to take action.
Since then, a team of 15 to 20 top Bank of America officials, led by the chief risk officer, Bruce R.