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WikiLeaks and BoA

Yesterday Bank of America's stock plunged after a Forbes interview with Wikileaks founder Julian Assange republished allegations that Assange will release a huge cache of upper-level documents from a very large bank. Assange would not tell Forbes which bank, but astute readers recalled and dug up a 2009 Computer World interview in which Assange claimed to have basically a hard drive's worth of documents from the computer of a Bank of America honcho:

In unrelated news, Sarah Palin has apparently called for Assange to be "pursued with the same urgency we pursue al Qaeda and Taliban leaders."  As if that would make Assange's life any different. Supposedly the United States is mulling espionage charges against the Australian as well. Assange has been in hiding, facing sexual assault charges in Sweden. This week, as he rolls out embarrassing (but, so far, fairly tame) State Department cables, London's The Guardian has promised the juicy stuff shortly. Then again, that stuff is allegedly about Russia and "bribery and corruption in other countries, particularly in Central Asia," according to Guardian Investigations Executive Editor David Leigh. Really. If corruption and bribery in central Asia would be news to you, you've seriously got to start paying better attention. The bank e-mails and documents could be a bigger deal—not that we'd be unable to guess what they might contain as well. Whenever highly paid analysts claim something will have no effect, it's a good time to go short. What's interesting to me is how Assange (the "old-fashioned anarchist") is really just evening the score. The government and large corporations already know just about everything about us, their "citizens," subjects, and customers. What will happen if suddenly the tables are turned, and we peasants get to know everything—or at least the relevant stuff—about how our government officials conduct their business and, most staggeringly, how the heads of those large institutions make their pay? If you were wondering what the crazies think of all this, surf on over to hotair.com and read the comments. And pass the popcorn.

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