WASHINGTON -- The Securities and Exchange Commission tapped Goldman Sachs Group Inc. GS -0.78% executive Adam Storch on Friday to serve as the agency's first-ever chief operating officer of the enforcement division.
The new hire represents the latest personnel change at the SEC in its effort to improve its operations following its failure to detect Bernard Madoff's massive Ponzi scheme.
Probably most people would agree that the people paid by the U.S. government to regulate Wall Street have had their difficulties. Most people would probably also agree on two reasons those difficulties seem only to be growing: an ever-more complex financial system that regulators must have explained to them by the financiers who create it, and the ever-more common practice among regulators of leaving their government jobs for much higher paying jobs at the very banks they were once meant to regulate.
Last Friday, 43 veteran and reserve members of Israel's secretive spy organization, Unit 8200, claimed they'd been directed to spy on Palestinians for coercion purposes.
The group signed an open letter of protest to Prime Minister Benjamin Netanyahu and to the head of the Israeli army, accusing the spy agency of targeting innocent Palestinians and collecting data for political purposes, not national security.
Dubbed the "refusniks," the veterans declared that they had a "moral duty" to no longer "take part in the state's actions against Palestinians."
BAGHDAD — The United States has conducted an escalating campaign of deadly airstrikes against the extremists of the Islamic State for more than a month. But that appears to have done little to tamp down the conspiracy theories still circulating from the streets of Baghdad to the highest levels of Iraqi government that the C.I.A. is secretly behind the same extremists that it is now attacking.
Former U.S. intelligence analyst Edward Snowden has accused the U.S. National Security Agency of routinely passing private, unedited communications of Americans to Israel, an expert on the intelligence agency said Wednesday.
James Bamford, writing in the New York Times, said Snowden told him the intercepts included communications of Arab- and Palestinian-Americans whose relatives in Israel and the Palestinian territories could become targets based on the information.
"It's one of the biggest abuses we’ve seen," Bamford quoted Snowden as saying.