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Sunday, 13 May 2007

The Criminal Career of Rudy Giuliani

Republican magazines have begun their pimp operations for the GOP’s 2008 presidential candidates. In a recent issue of National Review, Jennifer Rubin, described as "a freelance writer in Washington, D.C.," pumps up Rudolph Giuliani as "America’s mayor" and "America’s prosecutor."

Giuliani is a media creation. Giuliani was unknown until in search of name recognition he staged a stormtrooper assault on the financial firm Princeton/Newport involving fifty federal marshals outfitted with automatic weapons and bulletproof vests. On another occasion he had two New York investment bankers hauled off their trading floor in handcuffs.

Giuliani’s victims had done nothing and were exonerated. But Giuliani’s media stunts served to turn public sentiment against white-collar defendants.

Giuliani once bragged that by giving negative treatment to his targets, "the media does the job for me." Giuliani certainly had no difficulty manipulating Wall Street Journal reporters James B. Stewart, Daniel Hertzberg and Laurie Cohen or The Predators’ Ball author Connie Bruck. Milken, who had done nothing except make a lot of money by proving Wall Street wrong about non-investment grade bonds, was branded the "Cosa Nostra of the securities world."