Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'Cambridge Analytica' is associated with 2 posts.

FTR #1017 Supreme Court Trump Card: Family Trump, Family [Anthony] Kennedy and Peter Thiel

 Much has been said about Donald Trump’s nomination of Judge Brett Kavanaugh to become a Supreme Court justice, replacing Anthony Kennnedy.

In this program, we highlight extensive networking between the Trump and Kennedy families and, in turn, some apparent “deep networking” between some of the individuals in the Trump/Kennedy nexus and institutions linked to key elements of the remarkable and deadly Bormann flight capital network.

Deutsche Bank and the shadow of the I.G. Farben chemical complex figure into the latter part of this equation.

The connections between the family of Anthony Kennedy and the Trump milieu run deep. Anthony Kennedy’s son Justin was  Trump’s  banker at Deutsche Bank. In FTR #919, we analyzed a New York Times article highlighting Donald Trump’s altogether opaque real estate developments and evidence that those projects had significant links to elements of the Bormann capital network.

In that program we set forth the primary role of Deutsche Bank in financing Trump’s real estate projects.

” . . . While many big banks have shunned him, Deutsche Bank AG has been a steadfast financial backer of the Republican presidential candidate’s business interests. Since 1998, the bank has led or participated in loans of at least $2.5 billion to companies affiliated with Mr. Trump, according to a Wall Street Journal analysis of public records and people familiar with the matter. That doesn’t include at least another $1 billion in loan commitments that Deutsche Bank made to Trump-affiliated entities. The long-standing connection makes Frankfurt-based Deutsche Bank, which has a large U.S. operation and has been grappling with reputational problems and an almost 50% stock-price decline, the financial institution with probably the strongest ties to the controversial New York businessman. . . .”

The fact that Deutsche Bank is the primary financial backer of “Trump Incorporated” is of primary importance. The bank is central to the Bormann capital network.

The connections between the family of Anthony Kennedy and the Trump milieu run deep. Anthony Kennedy’s son Justin was  Trump’s  banker at Deutsche Bank.

Furthermore, jurists who clerked for Anthony Kennedy figure prominently in Trump’s judicial appointments:

1.–” . . . . He [Trump] picked Justice Neil M. Gorsuch, who had served as a law clerk to Justice Kennedy, to fill Justice Scalia’s seat. . . .”
2.–” . . . . Then, after Justice Gorsuch’s nomination was announced, a White House official singled out two candidates for the next Supreme Court vacancy: Judge Brett M. Kavanaugh of the United States Court of Appeals for the District of Columbia Circuit and Judge Raymond M. Kethledge of the United States Court of Appeals for the Sixth Circuit, in Cincinnati. The two judges had something in common: They had both clerked for Justice Kennedy. . . .”
3.–” . . . . In the meantime, as the White House turned to stocking the lower courts, it did not overlook Justice Kennedy’s clerks. Mr. Trump nominated three of them to federal appeals courts: Judges Stephanos Bibas and Michael Scudder, both of whom have been confirmed, and Eric Murphy, the Ohio solicitor general, whom Mr. Trump nominated to the Sixth Circuit this month. . . .”
4.–” . . . . Justice Kennedy’s son, Justin . . . . spent more than a decade at Deutsche Bank, eventually rising to become the bank’s global head of real estate capital markets, and he worked closely with Mr. Trump when he was a real estate developer, according to two people with knowledge of his role. During Mr. Kennedy’s tenure, Deutsche Bank became Mr. Trump’s most important lender, dispensing well over $1 billion in loans to him for the renovation and construction of skyscrapers in New York and Chicago at a time other mainstream banks were wary of doing business with him because of his troubled business history. . . .”

After Kennedy left Deutsche Bank in 2009 he went on to become co-CEO LNR Property LLC. LNR Property saved Jared Kushner’s midtown Manhattan property in 2011:

1.–” . . . . from 2010–2013 Justin Kennedy was the co-CEO of LNR Property LLC with Tobin Cobb. . . .”
2.–” . . . . According the New York Times, in 2007 Kushner Companies purchased ‘an aluminum-clad office tower in Midtown Manhattan, for a record price of $1.8 billion.’ At the time the NYT wrote that this deal was ‘considered a classic example of reckless underwriting. The transaction was so highly leveraged that the cash flow from rents amounted to only 65 percent of the debt service.’ . . .”
3.– ” . . . Who came to the rescue? None other than LNR Property, the company whose CEO at the time was Justin Kennedy. According to the NYT and the Real Deal, Mr. Kushner and LNR ‘reached a possible agreement with LNR Property, a firm specializing in restructuring troubled debt and which oversees the mortgage, that would allow him to retain control of the tower by modifying the terms of the $1.2 billion mortgage tied to the office portion of the building.’ . . .”

The links between TrumpWorld and Anthony Kennedy’s sons is deeper still. Kennedy’s other son Gregory, has long-standing ties to Trump Silicon Valley adviser Peter Thiel, whom we first analyzed in FTR #718.

” . . . . . . . . Kennedy’s seat, meantime, seemed destined to go to Kavanaugh, thanks in part to the glowing review of Kennedy, whose son, Justin, knows Donald Trump Jr. through New York real estate circles, and whose other adult child has connections to Trump World via the president’s 2016 Silicon Valley adviser Peter Thiel, most recently when the Kennedy firm Disruptive Technology Advisers worked with Thiel’s Palantir Technologies. . . .”

Gregory Kennedy’s DTA has an unusually close relationship with Palantir, a company that has helped the Trump administration.

Kennedy’s DTA has other personal connections to Palantir. Alex Fishman and Alex Davis, two other DTA founders, “enjoyed a very close relationship” with Palantir co-founder Alex Karp, according to the lawsuit.

It should be noted that the alleged secrecy with which Palantir treats its operating and investing information is characteristic of Bormann organizations. A closeted, insiders-only operating ethic serves the need for this consummately powerful organization to maintain a relatively low profile, even as it gains power, influence and wealth.

” . . . . Yet Palantir — whose stock changes hands only through private trades — goes to great lengths to keep any detailed information about its business private. . . .”

A lawsuit by Palantir investor KT4 Partners alleges that Palantir is illegally blocking investors from selling shares in the company and that Kennedy’s Disruptive Technology Advisors (DTA) is a key partner and beneficiary of this strategy.

KT4 claims that when it tried to sell its shares of Palantir to a third-party, Palantir would have DTA contact the third-party and convince them to have Palantir sells them the shares directly instead. DTA would then collect a commission.

The central dynamic in the allegations of plaintiff (and Palantir investor) KT4 is set forth as follows: ” . . . . But remarkably, KT4 claims that when Palantir receives information from an investor about a planned sale, it uses that information to contact the buyer and persuade them instead to buy shares directly from the company or from certain Palantir insiders. One particular broker, Disruptive Technology Advisers, or DTA, repeatedly gets commissions from these sales, even when it ‘performed no legitimate work,’ KT4 claims. KT4 says it experienced interference by Palantir when it tried to sell shares to Highbridge Capital Management, a hedge fund that was owned by JPMorgan Chase, in May 2015. After KT4 notified Palantir of the planned sale, Palantir turned around and instructed DTA to ‘take the opportunity, on Palantir’s behalf,’and arrange a sale from Palantir to Highbridge instead, according to the lawsuit. . . .”

In FTR #946, we examined Cambridge Analytica, its Trump and Steve Bannon-linked tech firm that harvested Facebook data on behalf of the Trump campaign.

Peter Thiel’s Palantir was apparently deeply involved with Cambridge Analytica’s gaming of personal data harvested from Facebook in order to engineer an electoral victory for Trump, setting the GOP campaign to control the Supreme Court in a deeper, broader context.

Thiel was an early investor in Facebook, at one point was its largest shareholder and is still one of its largest shareholders. ” . . . . It was a Palantir employee in London, working closely with the data scientists building Cambridge’s psychological profiling technology, who suggested the scientists create their own app — a mobile-phone-based personality quiz — to gain access to Facebook users’ friend networks, according to documents obtained by The New York Times. The revelations pulled Palantir — co-founded by the wealthy libertarian Peter Thiel — into the furor surrounding Cambridge, which improperly obtained Facebook data to build analytical tools it deployed on behalf of Donald J. Trump and other Republican candidates in 2016. Mr. Thiel, a supporter of President Trump, serves on the board at Facebook. ‘There were senior Palantir employees that were also working on the Facebook data,’ said Christopher Wylie, a data expert and Cambridge Analytica co-founder, in testimony before British lawmakers on Tuesday. . . . The connections between Palantir and Cambridge Analytica were thrust into the spotlight by Mr. Wylie’s testimony on Tuesday. Both companies are linked to tech-driven billionaires who backed Mr. Trump’s campaign: Cambridge is chiefly owned by Robert Mercer, the computer scientist and hedge fund magnate, while Palantir was co-founded in 2003 by Mr. Thiel, who was an initial investor in Facebook. . . .”

Program Highlights Include:

1.–Review of Peter Thiel’s high regard for Carl Schmitt: “. . . . a Nazi and the Third Reich’s preeminent legal theorist. For Thiel, Schmitt is an inspiring throwback to a pre-Enlightenment age, who exalts struggle and insists that the discovery of enemies is the foundation of politics. . .” 
2.–Review of Peter Thiel’s early legal experience with Sullivan & Cromwell, the Dulles law firm.
3.–A recounting of the role of John Foster Dulles and Sullivan & Cromwell’s roles in the formation of I.G. Farben.
4.–Review of Thiel’s German heritage and his father’s probable role with one of the I.G. successor companies.


The Cambridge Analytica Microcosm in Our Panoptic Macrocosm

Let the Great Unfriending Commence! Specifically, the mass unfriending of Facebook, which would be a well deserved unfriending after the scandalous revelations in a recent series of articles centered around the claims of Christopher Wylie, a Cambridge Analytica whistle-blower who helped found the firm and worked there until late 2014 until he and others grew increasingly uncomfortable with the far right goals and questionable actions of the firm. And those questionable actions by Cambridge involve a larger and more scandalous Facebook policy brought forth by a Facbook whistle-blower, Sandy Parakilas: Facebook was handing out exactly the kind of data collected by Cambridge Analytica to all sorts of app developers for years. Beyond that, it appears that Facebook really did have an exceptionally close relationship with Cambridge Analytica’s research partner and was only bothered by its data collection when the media got wind of it. It also looks like Steve Bannon was overseeing this entire process, although he claims to know nothing. Oh, and Palantir appears to have had an informal relationship with Cambridge Analytica this whole time. And this state of affairs is an extension of how the internet has been used from its very conception a half century ago. And that’s all part of why the Great Unfriending of Facebook really is long overdue, along with a lot of other reforms.