News you may have missed #0270
January 27, 2010 Leave a comment
- S. Korean court orders damages in alleged spy case. Lee Soo-geun was a senior North Korean government apparatchik, who defected to the South and joined its intelligence service in 1967. Later, however, when he attempted to flee to a third country, he was arrested by South Korean counterintelligence agents, charged with working as a double agent, and shot. But now a court in Seoul has concluded that Lee’s confession was extracted by force, and has ordered that damages be paid to Lee’s niece, who was imprisoned for allegedly helping him.
- Belarus reshuffles KGB leadership. Last week, Belorussian President Alexander Lukashenko carried out a major reshuffle in the country’s State Security Committee (KGB), a surprise move which affected all KGB deputy chairs and regional department heads. Retired KGB lieutenant colonel Valery Kostka explains the reasoning behind the reshuffle.














US officials sought ‘national security’ clause to keep bailout details secret
January 28, 2010 by intelNews Leave a comment
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By IAN ALLEN | intelNews.org |
US officials in charge of regulating securities exchanges sought to apply a ‘national security’ clause to information relating to the government’s bailout of giant insurance company American International Group (AIG). Emails obtained by Reuters show that, in November of 2008, the New York Federal Reserve (NYFR), which administered the bailout, collaborated with AIG in requesting that US Securities and Exchange Commission (SEC) officials apply “special security procedures” to shield bailout-related information from public scrutiny. Instead of dismissing the –possibly illegal– request, SEC officials advised NYFR and AIG to publicly file heavily redacted versions of the documents in question, and request “confidential treatment” for the redacted portions, citing ‘national security’ clauses. Read more of this post
Filed under Expert news and commentary on intelligence, espionage, spies and spying Tagged with AIG, American International Group, corporate secrecy, Darrell Issa, economics, FOIA, government secrecy, national security, New York Federal Reserve, News, Securities and Exchange Commission, US House of Representatives Committee on Oversight and Government Reform