Qualcomm being sued by NY State Comptroller over political donations

Without any prompting, Qualcomm came around my blog J to the Power of 7 on a word search over Montgomery Blair Sibley. This was around three years ago. I had no idea why they came around, but when I did a little research, I found that they also do intelligence and defense contracting…and they have a revolving door policy between their executives and those at Ernst & Young, a major corporate services firm that specializes in corporate audits, and yes, the books that get cooked.

The latter firm is involved in uncovering such things in corporate institutions, but also have had allegations thrown at them on several occasions that they helped to cover it up. What does that have to do with the DC Madam? It might not be anything specific beyond the fact that her former prosecutor, Jeffrey A. Taylor, a Bush II interim appointee who was never fired by incoming president-elect, Barack Obama, and went on to a cushy legalistic job at Ernst & Young. Now, why would someone at Qualcomm do that word search on Mr. Sibley? I have no idea and have never expected a straight answer out of them–don’t have the resources, or the inclination to bother looking into it, life’s too short. But the fact remains that both firms are very closely-linked, Taylor works for Ernst, and someone felt compelled at the sister firm of Qualcomm to do research over Mr. Sibley. When I brought it to his attention, he seemed pretty interested–as interested as I was. It was just one more bizarre “coincidence” from the case. I don’t know if Taylor is still working at Ernst & Young these days, but I would assume so. What’s of interest to me is the connection not only to computer chips and CPUs made by Qualcomm, but their relationship with the Pentagon and American intelligence community, perhaps one similar to SAIC’s, another major league contractor. Qualcomm was never in Jeane’s phone records, but I believe someone fucked up here and showed their hand, for which I thank them!

And now, the Comptroller of NY State, Thomas P. DiNapoli, a Democrat, is suing Qualcomm over political donations to force transparency. NY State is one of the biggest shareholders in the corporation, and is asserting her interest in the firm. This is reasonable since the risks are very high to public investors, especially when so many were burned in the banking crisis of 2008 thanks to widespread securities fraud. This is a major reason for the economic crisis in countries like Greece, for example, just one of many. Consider that when politicians in DC start screaming for austerity measures because of the deficit. Hundreds of billions were spent to keep a lot of crooks afloat. That's called being robbed twice.