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article imageStratfor calls WikiLeaks’ release of emails ‘deplorable’

By Lynn Herrmann     Feb 28, 2012 in Politics
Austin - “The Global Intelligence Files,” a new release by WikiLeaks of more than five million emails from the intelligence analyst firm called Stratfor, has brought an immediate response from its CEO, George Friedman, who calls the action “deplorable.”
In an email to customers and in a video on the Stratfor website, Friedman states his company does not have to “explain the thinking that went into” the emails, many of which are already proving an embarrassment for the firm.
Friedman added there has not been another attack on Stratfor’s computer and data systems, rebuilt since two attacks late last last year by anonymous sources.
Some of the newly released emails, according to Friedman, “may be forged or altered to include inaccuracies.” He added there will be no validation to the thought process associated with the emails.
Release of The Global Intelligence Files by WikiLeaks “is a deplorable, unfortunate -- and illegal -- breach of privacy,” Friedman states, calling it “a direct attack on Stratfor.”
Friedman reiterated his company “is not a government organization” nor “is it affiliated with any government.” Although he added Stratfor’s relationships with individuals, partnerships and local media have been developed “in a straightforward manner, and we are committed to meeting the highest standards of professional and ethical conduct,” Monday’s release of emails included information on Shea Morenz, former managing director of Goldman Sachs, who invested more than $4 million in Stratfor and joined its board of directors in 2011.
The confidential document from Friedman to Morenz, marked DO NOT SHARE OR DISCUSS, continued explaining how Stratfor would use its insider network for creating an offshore strategic investment fund. Then, in an email to Stratfor employees, Friedman noted Shea should be considered as another executive in the firm and they were “already working on mock portfolios and trades,” according to Wikileaks.
Partners with WikiLeaks on this latest dump of documents do not include the New York Times or Der Spiegel, participants in last year’s dump who, as it eventually turned out, had access to the the information for weeks, only to see WikiLeaks suffer the fallout from the documents release.
More about the global intelligence files, Wikileaks, Stratfor, email release, George Friedman
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