US banks ner­vously await next WikiLeak

The Pak Banker - - Company& -

NEW YORK: Ju­lian As­sange is the scourge of in­ter­na­tional diplo­macy, the sub­ject of an ar­rest request by in­ter­na­tional po­lice group, In­ter­pol, and a man ac­cused of nu­mer­ous sex­ual crimes. His in­ter­net whistle­blower site, Wik­iLeaks, is soon to add his new tar­get, the US bank­ing in­dus­try, to his list of en­e­mies.

As­sange now claims to have plenty of dirt on at least one ma­jor US bank and has as­sured the me­dia that the con­tents will be re­vealed shortly. The news sent the US bank­ing in­dus­try into a tail­spin yes­ter­day, with the fi­nance com­mu­nity guess­ing who the sub­ject might be. As­sange told Forbes mag­a­zine to ex­pect the rev­e­la­tions early next year and that the megaleak would ''give a true and rep­re­sen­ta­tive in­sight into how banks be­have at the ex­ec­u­tive level in a way that will stim­u­late in­ves­ti­ga­tions and re­forms, I pre­sume''. He said he is ready to un­leash tens of thou­sands of doc­u­ments that could ''take down a bank or two''. The mar­ket im­me­di­ately took bets that the Bank of Amer­ica was the tar­get, caus­ing its share price to take a hit. As­sange has both cap­ti­vated the pub­lic and an­gered and em­bar­rassed gov­ern­ments around the world who have claimed he has threat­ened na­tional se­cu­rity. His lat­est round of diplo­matic leaks placed a grenade un­der in­ter­na­tional diplo­macy this week - in par­tic­u­lar the US Sec­re­tary of State, Hil­lary Clin­ton, who was re­vealed as mak­ing dis­parag­ing re­marks about nu­mer­ous world lead­ers. While na­tions go into over­drive at­tempt­ing to mend re­la­tion­ships with each other, no one has sug­gested that the in­for­ma­tion posted on Wik­iLeaks is in­ac­cu­rate. -PB News

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