The Koch Brothers Revelations Have Staying Power- The Atlantic

[Ichingcarpenter]

Bloomberg Markets magazine dropped a bombshell on Sunday, with its 14-page investigation of Koch Industries—one of the largest privately-held corporations in the world—owned by conservative activists Charles and David (pictured above) Koch. The question that looms today is how much damage the exposé will do, given its eyebrow-raising allegations of foreign bribery, environmental negligence and price-fixing. So, what will come of the Kochs who are already pushing back against the article? These seem to be the initial reactions.






New ammo for Democrats,

write Chris Cillizza and Aaron Blake at The Washington Post: "Democrats have attempted to make bogeymen out of the tea party-supporting billionaire Koch brothers, and we’d expect them to push this big time." Noreen Malone at New York's Daily Intel notes that even some on the right won't be able to ignore the piece. "The charge about sales to Iran — after it had been dubbed a member of the axis of evil by President Bush — probably won't sit well with conservatives who care about more than just regulatory issues."






The depth of the reporting props up the article's assertions,

writes Patrick at PoliticalGates: "There is nothing to 'discredit.' The article is an effort of almost monumental proportions, carefully researched by no less than 15 journalists all over the globe, and very courageous at the same time," he writes, "This will be a tough ride for the Koch Brothers."





Bloomberg can't be dismissed as a liberal rag,

writes David Dayen at FireDogLake. "Because this story appears in such a commie broadsheet like Bloomberg, it will surely be dismissed. OK, tongue out of cheek. This is an extremely serious piece of journalism," he writes. "The time frame for the article is mostly but not at all limited to the 1999-2003 period. But despite a spokesbot’s claims that the company has reformed its ways, it strains credulity to believe that Koch Industries now complies with all relevant regulatory laws."




http://www.theatlanticwire.com/business/2011/10/koch-brothers-revelations-have-staying-power/43234/

[Tippy]

1. If you havn't read it yet...do so...

[defendandprotect]

9. Is someone working on a recap?

[Kurovski]

2. K&R. (nt)

[randr]

3. If this had been about a Democratic supporter

it would be running constantly on all networks.
I haven't heard a word of it on CNN this morning and assume the other networks are not reporting as well.
Did NPR have anything to say?

[Ichingcarpenter]

4. I have no TV so DUers need to report when they do see it

This is really Day 1 since reporters have had a chance to read the 14 page report.
So maybe in a couple of days hopefully. It is on google news and getting a lot of hits
on the report.


I rather worry what our 'fricking Justice Department ' will do.

[drm604]

5. Here's a link to the Bloomberg article, for those who haven't read it yet.

http://www.bloomberg.com/news/2011-10-02/koch-brothers-flout-law-getting-richer-with-secret-iran-sales.html

[salin]

6. First Murdoch... now the brothers Koch.

Very different stories. Both will drag on for a long time. Both have the power to sap a lot of the potency out of these political powerhouses fueling the far right.

[mod mom]

7. Would love to see all 3 of them made an example and hauled off to serve hard time.

[salin]

8. Wish that were likely...

but too many layers away (as opposed to Conrad Black who directly had his hand in the cookie jar). However law suits, prosecutions, tons of money to be sapped away. And in the case of the Kochs - the possibility (off in the future) that their money and organizations become toxic to take (for politicians). Though I do think the image of all three in orange jumpsuits is an attractive one!

[PETRUS]

10. K&R

Exposing corruption and criminality is important work.

[Uncle Joe]

11. Kicked and recommended.

Thanks for the thread, Ichingcarpenter.

[LongTomH]

12. K&R

This story needs to be kicked up! It should have legs!:kick: