CIA now actively hiring failed investment bankers

It’s been several months now since Dennis Blair announced that “the primary near-term security concern of the United States is the global economic crisis and its geopolitical implications”. Barack Obama’s Director of National Intelligence even hired James Rickards, a self-described “threat finance” expert, to advise him on “[c]ountries [that] might […] be tempted to engage in financial warfare” against the United States. It now appears that the rapid rise of microeconomic concerns to the top of the US intelligence community’s threat list has also affected the CIA. The Agency has announced a new recruitment program targeting fired investment bankers to work in its Directorate of Intelligence. Speaking on National Public Radio’s Marketplace, CIA official Jimmy Gurule said the new recruitment drive is part of creating “a national strategy […] to deal with these types of financial issues”. Unfortunately, Marketplace’s piece is extremely superficial. A more in-depth analysis of what “these types of financial issues” may mean, is available here.

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Expert news and commentary on intelligence, espionage, spies and spying, by Dr. Joseph Fitsanakis and Ian Allen.

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