The Reasoned Review

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This CIA Gig Just Can’t Pay the Bills

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A forthcoming book by US reporter Eamon Jarvers reveals that many CIA members moonlight as Wall Street “consultants”. I’m sure this represents some kind of conflict of interest, but lets see what kind of helpful advice they’re giving.

The Guardian:

According to Javers, Business Intelligence Advisors (BIA), a Boston-based investment research firm that boasts links to the US intelligence apparatus, employed workers with backgrounds in interrogation and interviewing to train hedge fund managers in a technique called tactical behaviour assessment. This purports to allow practitioners to tell if someone is being dishonest by reading verbal and behavioural clues, such as fidgeting or qualifying statements with words like “honestly” and “frankly”

And:

One case described by Javers shows how veteran CIA workers helped hedge fund clients to make enormous investment decisions by assessing the veracity of a company’s financial presentation.

And the line between government and corporations shrinks by just that much.


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Written by pavanvan

February 3, 2010 at 10:48 am

Posted in Policy

Tagged with , , ,

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