UPDATE: ISIS TERRORIST Tells Feds He Has Jihadist Brothers in Mexico

Earlier this year a top ranking Homeland Security official acknowledged that Mexican drug cartels were helping ISIS sneak across the southern border to scope out targets for terrorist attacks.

ISIS operative Shaykh Mahmood Omar Khabir has reportedly been training militants near the US border near Ciudad Juarez for the past year.

Khabir actually brags in an Italian newspaper article published last week that the border region is so open that he “could get in with a handful of men, and kill thousands of people in Texas or in Arizona in the space of a few hours.”

Continue reading

Chinese aerospace executive charged with hacking for China

The Chinese head of a yet-unnamed aviation company has been sentenced to four years in prison for hacking into rival defence contractors in an effort to acquire military defence intelligence.

Su Bin, 51, also known as Stephen Subin, admitted to a California court that from October 2008 to March 2014 he had engaged in a years-long conspiracy with officers of the People’s Liberation Army (PLA) to “illegally access and steal sensitive US military information,” according to the US Department of Justice (DOJ). Continue reading

Iran at war

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The Islamic Republic of Iran has been at war with the United States since 1979. It wages war through terrorist surrogates and main forces such as the IRGC. Michael Rubin lists a few markers along the warpath in “Imaginary Iran.” Continue reading

Deutsche Bank Exodus Continues As Real Estate Chief Leaves For Blackstone

Have you ever wondered which big bank after Lehman Brothers would be next to fall? This is why you see so much shuffling from within and people resigning suddenly and going to work for another institution.

Moreover, with over $72 TRILLIONyes trillion, in derivatives exposure — we have likely found it. To put this tiny bit of risk in perspective, the GDP of Germany itself is a mere humble $2.7 trillion.

This is why Germany is also worried in this high stakes game of chicken. If Greece goes, Deutsche Bank who’s heavily invested will go, and creates the possibility of bringing the country with it. From there you can only see how such a scenario would spread to the rest of the world.

 

Earlier this month, Deutsche Bank’s co-CEOs Anshu Jain and Jürgen Fitschen were shown the door (well, technically they resigned, but with shareholder support plummeting amid skepticism about both financial targets and ongoing legal problems, it’s easy to read between the lines). The bank, which has paid out more than $9 billion over the past three years alone to settle legacy litigation, has become something of a poster child for corrupt corporate culture. Consider the following rundown of the legal problems the bank faced as of the beginning of its 2015 fiscal year:

We are currently the subject of regulatory and criminal industry-wide investigations relating to interbank offered rates, as well as civil actions. Due to a number of uncertainties, including those related to the high profile of the matters and other banks’ settlement negotiations, the eventual outcome of these matters is unpredictable, and may materially and adversely affect our results of operations, financial condition and reputation.  Continue reading

Revealed: DEA’s massive phone tapping scheme that preceded NSA’s

For nearly a decade before 9/11 and the controversial phone tapping program enacted by the National Security Agency, another American intelligence organization, the Drug Enforcement Administration, operated a mass phone surveillance scheme. Continue reading