Noted Liberal Rag Bloomberg - Levels Serious Charges at Koch Industries

[kpete]

Noted Liberal Rag Bloomberg Levels Serious Charges at Koch Industries
By: David Dayen Monday October 3, 2011 4:36 am
Bloomberg, the news organization for patchouli-burning, Birkenstock-wearing hippies everywhere, has a long story alleging that Koch Industries traded with Iran, paid bribes to win contracts, stole oil, and engaged in “violations of criminal law,” according to the company’s own internal documents.

http://news.firedoglake.com/2011/10/03/noted-liberal-rag-bloomberg-levels-serious-charges-at-koch-industries/

Koch Brothers Flout Law With Secret Iran Sales
By Asjylyn Loder and David Evans - Oct 2, 2011 3:00 PM PT
Bloomberg Markets Magazine
http://www.bloomberg.com/news/2011-10-02/koch-brothers-flout-law-getting-richer-with-secret-iran-sales.html

............

“Those activities constitute violations of criminal law,” Koch Industries wrote in a Dec. 8, 2008, letter giving details of its findings. The letter was made public in a civil court ruling in France in September 2010; the document has never before been reported by the media <...>

A Bloomberg Markets investigation has found that Koch Industries — in addition to being involved in improper payments to win business in Africa, India and the Middle East — has sold millions of dollars of petrochemical equipment to Iran, a country the U.S. identifies as a sponsor of global terrorism <...>

From 1999 through 2003, Koch Industries was assessed more than $400 million in fines, penalties and judgments. In December 1999, a civil jury found that Koch Industries had taken oil it didn’t pay for from federal land by mismeasuring the amount of crude it was extracting. Koch paid a $25 million settlement to the U.S.

Phil Dubose, a Koch employee who testified against the company said he and his colleagues were shown by their managers how to steal and cheat — using techniques they called the Koch Method.

[Kolesar]

1. I had never heard of "Bloomberg Markets" magazine before this...eom

[UTUSN]

2. K&R #4 for, this is the story the KOCHs tried to discredit before it was published? n/t

[Jackpine Radical]

3. Wow.

This story needs some exposure.

Kicked.Recced. Sent link to my Professional Leftist & Disaffected Hippie list.

[still_one]

5. This story is also on the Huffington Post /nt

[still_one]

4. firedog lake is a piece of garbage. Bloomberg has NEVER been know as a "liberal" rag. What it is,

is one of the most neutral news reporting agencies in the country.

99.9% of the time when a story is reported on Bloomberg, you can count on it

When they present view points, they present ALL sides

That they would classify Bloomberg magazine or network as a liberal rag, only shows how out of touch fire dog lake is

They have been exposing the koch brothers for exactly what they are, for some time now

If you want a fair source for news, not one that necessarily agree with your view, Bloomberg is the way to go

[unblock]

6. "OK, tongue out of cheek." -- calling bloomberg a "commie broadsheet", etc., was sarcasm.

[still_one]

7. ok /nt

[chill_wind]

8. Here's a piece they also wrote about ALEC (and Koch)

in late July

Koch, Exxon Mobil Among Corporations Helping Write State Laws Across U.S.

By Alison Fitzgerald - Jul 21, 2011 12:00 AM ET

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1539295

Don't forget Mark Pittman once belonged to them.

"Who sues the Fed? Only one reporter on the planet."

And he won. Nice quotes in here by Joseph Stiglitz:

http://www.washingtonpost.com/wp-dyn/content/article/2009/11/29/AR2009112902718.html

I'll always wonder what small piece of history he might have changed had he lived. He was reportedly working on a very major expose when he died.

K & R.

[Scurrilous]

9. K & R

:thumbsup: