Video Of Day

Breaking News

David Malone - The Steady Enmity Of Powerful People

“Crime doesn’t pay.” Actually it does, handsomely. If you lot are a banker or large fiscal player, it pays wonderfully. You instruct filthy rich committing the crimes together with after…you give-up the ghost along to instruct filthy rich.
What doesn’t pay is reporting crime.
Not long agone I read a rather proficient mass virtually a pocket-sized issue of honest people who did non sympathise this dingy fact. It was a mass telling the stories of the handful of honest together with tragically idealistic insiders who blew the whistle virtually banking fraud together with criminal offence during the Global Bank Debt Crisis.  It was amount of disturbing facts. Not the to the lowest degree of which is that non i of their stories ended well.
All of the stories involved the whistleblower next the police line together with reporting their concerns. In every even the lawsuit was beingness threatened alongside punitive, approximately powerfulness tell vindictive, legal activeness past times the real banks whose incorrect doing they had reported.  In every example the ‘Proper Authorities’, inwards accuse of regulating the banks, hung the whistleblowers out to dry.
All the whistleblowers were blackballed from their profession together with lost their livelihoods. The bulk lost their homes. Another disturbing mutual thread was that many of the whistleblowers, who had been good paid, together with respected employees of the banks, flora that every bit presently every bit they went populace alongside their complaint, they were accused, past times the banks, of beingness mentally unstable together with inwards demand of detention inwards a mental facility. Many lost their identify unit of measurement every bit a result.  In every example the leading politicians of all the major parties inwards the whistleblowers’ country, ignored the whistleblower together with closed ranks alongside the banks together with the regulators.  Very ofttimes they likewise would bring together the banks inwards solemnly suggesting the Whistleblower had had approximately form of tragic mental breakdown together with was forthwith unstable or delusional.
But the most depressing matter virtually the mass is that it was never published.
One of the stories, inwards this unpublished book, concerned the UniCredit whistleblower, Jonathan Sugarman, who is a unopen friend.  I receive got a detailed noesis of his case. Over the years I receive got watched every bit the Financial Inquisitors repeatedly threatened together with intimidated him. And he was intimidated. They are powerful people. Yet I receive got never seen him silenced nor recant his heresies.
I receive got seen him unable to maintain downwardly his breakfast earlier nevertheless approximately other inquisition. I receive got seen him cringe alongside embarrassment at having to borrow a twain of shoes together with hence he could expect smart when testifying, because he had none. I know other friends receive got helped. Because he cannot produce it all alone. It is non possible.
And nevertheless inwards all the years nosotros receive got known each other Jonathan has never asked me for anything. Until now…
Something has happened. I don’t know what. Perhaps it is simply the steady enmity of powerful people that has in conclusion taken its toll. Perhaps it is trying to attend likewise many empty together with rigged enquiries inwards likewise many places.  I don’t know.
I you lot experience you lot could assist inwards fifty-fifty the smallest agency delight click on this link together with nous to Jonathan himself.

David Malone: Golem XIV


No comments