Magazine article American Banker

B of A Apparently off WikiLeaks Hook

Magazine article American Banker

B of A Apparently off WikiLeaks Hook

Article excerpt

Byline: John Adams

Remember that five-gigabyte hard drive that WikiLeaks allegedly had that contained damaging information about Bank of America? It appears that data stash no longer exists, having been destroyed by a former associate of WikiLeaks founder Julian Assange after the two men got into a fight.

Daniel Domscheit-Berg told Spiegel Online, a German publication, that the B of A files have been destroyed. WikiLeaks confirmed that Domscheit-Berg has the files, and it's trying to negotiate their return. The files supposedly reveal corruption at a "major" bank, which has been widely assumed to be B of A. The tale requires a lot of assumptions, since the documents have never actually been released or confirmed to exist beyond the pronouncements of the whistle-blowers.

Domscheit-Berg, who was a spokesman for WikiLeaks, and Assange got into a dispute several months ago, which led to Domscheit-Berg starting his own whistle-blowing operation, taking the B of A information with him as well as other data such as a U.S. no-fly list.

While the WikiLeaks Bank of America files have been the subject of much discussion, column inches and web eyeballs over the past year, it's been mostly hype so far. No damaging info on B of A or any bank has actually emerged, and until Domscheit-Berg's announcement this week, the B of A/WikiLeaks story was starting to fade in place of more tangible concerns over economic performance and data breaches that can actually be confirmed. …

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