Some Leaks Are Better Than Others

A manila envelope with no return address showed up in our reporter's mailbox. View this email in your browser January 1-7, 2016 Share Tweet Forward Editor's Picks Some Leaks Are Better Than Others Steven Mnuchin's confirmation hearing to become secretary of treasury in the Trump administration was already going to be contentious, what with Mnuchin's status as a Goldman Sachs alum who ran a bank with a history of ruthless foreclosure practices. But this week we found out even more, thanks to a manila envelope with no return address that showed up in our reporter David Dayen's mailbox. Inside was a memo from the top prosecutors at the California Attorney General's Office Consumer Law Section, describing in great detail how they had "uncovered evidence suggestive of widespread misconduct" at OneWest Bank while Mnuchin was in charge. The memo indicated that Mnuchin's bank didn't merely act callously when it foreclosed on homeowners, but did so with blatant disregard for the law.   The Washington Post didn't get a thick memo in the mail, just a whisper from anonymous "federal officials" to the extent that the Russians had hacked into a utility grid. They ran with it. And Glenn Greenwald points out that although the story turned out to be completely wrong, the Post was richly rewarded — another case of the Post's aggressive hyping of sensationalistic false stories, ensuring that they go viral. Dan Froomkin Washington Editor Treasury Nominee Steve Mnuchin's Bank Accused of "Widespread Misconduct" in Leaked Memo David Dayen OneWest Bank repeatedly broke California's foreclosure laws, according to a previously undisclosed 2013 memo from top state prosecutors.   WashPost Is Richly Rewarded for False News About Russia Threat While Public Is Deceived Glenn Greenwald In the current D.C. climate on Russia, all relevant journalistic incentives encourage and reward false news.   Top Stories   Senators Threaten to Cut Worldwide Embassy Security If U.S. Doesn't Move Its Israeli Embassy to Jerusalem Zaid Jilani Senators proposing to cut embassy security were among those who attacked the Obama administration for failing to properly secure the U.S. consulate in Benghazi.   "I Don't Think We're Free in America" – An Interview with Bryan Stevenson Alice Speri Shortly after the presidential election, The Intercept spoke with Bryan Stevenson about America's failure to come to terms with its racist past.   Alleged Target of Drone Strike That Killed American Teenager Is Alive, According to State Department Jeremy Scahill The State Department confirmed that Ibrahim al Banna, the target of the drone strike that killed American teenager Abdulrahman Awlaki in Yemen, is alive.   The U.S. Government Thinks Thousands of Russian Hackers May Be Reading My Blog. They Aren't. Micah Lee About 42 percent of the IP addresses in the U.S. report on Russia's "Grizzly Steppe" attacks are for exit nodes of the Tor network that anyone can use.   Corporations Prepare to Gorge on Tax Cuts Trump Claims Will Create Jobs Jon Schwarz Company executives have spent a decade claiming a gigantic tax holiday would create millions of jobs. But now they're telling Wall Street something quite different.   Follow The Intercept

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