The astonishing tapes show senior manager John Bowe, who had been involved in negotiations with the Central Bank, laughing and joking as he tells another senior manager, Peter Fitzgerald, how Anglo was luring the State into giving it billions of euro.

Unlike today, Kodak in the past was a wildly successful company. But as we often see, success today is the forerunner of failure tomorrow. Why? Organizations come to believe their success is due to an inherent superiority they have and even worse, that this superiority will go on forever. – See more at: http://leanpathways.blogspot.co.uk/2012/02/corporate-complacency-and-arrogance.html#sthash.Yjlz12Ue.dpuf

Establishment Protecting Corporations From The Law

“What is astonishing about this whole murky affair is that Soca had knowledge of massive illegal invasions of privacy in the newspaper industry – but also in the supply chains of so-called blue-chip companies.

“I believe they are sitting on physical evidence that has still not been disclosed fully to forensic investigators at the Metropolitan Police. The law should also be rigorously applied to other sectors that have got away with it.”

The Labour MP Keith Vaz, chairman of the Home Affairs Select Committee, said:

“I am deeply concerned about these revelations. I will be seeking an explanation from Soca as to why this was not told to the Committee when we took evidence from them about the issue of private investigators.

“It is important that we establish how widespread this practice was and why no action was taken to stop what amounted to criminal activity of the worst kind.”

In an attempt to defend itself, a Soca spokesman said:

“Soca produced a confidential report in 2008 on the issue of licensing the private investigation industry. This report remains confidential and Soca does not comment on leaked documents or specific criminal investigations. Information is shared with other partners as required.”

 

http://rinf.com/alt-news/latest-news/establishment-protecting-corporations-from-the-law/44684/