Transcript: Ecuadoran Officials Caught on Tape Seeking $3 Million in Return for Favorable Ruling (Update)

UPDATE 9-4-09 at 12:12 p.m. Central: Just learned that the judge in the $27 billion environmental lawsuit filed by Amazon Defense Coalition against Chevron in Ecuador has recused himself.  Details here and here!

In a post earlier today, I offered a 20-minute snippet of highlights from 2 hours of video documentation purported by Chevron Corporations officials to be evidence of a $3 million bribery scheme involving Ecuadoran officials — including the judge — involved in the $27 billion environmental lawsuit the Amazon Defense Coalition is waging against the San Ramon, Calif.-based company.  Below, I offer links to transcripts of the 2-hours-long video:

For the full transcripts and the complete video recordings, go to www.chevron.com/ecuador.

For more background on the case, read any or all of the 18 posts I’ve published during the past 18 months.

To read Chevron’s news release about today’s bombshell news, click here.

Scandal Erupts in Chevron-Ecuador Environmental Lawsuit; $3MM Bribery Scheme Caught on Tape! (Update)

UPDATE 9-4-09 at 12:14 p.m. Central: Just learned that the judge in the $27 billion environmental lawsuit filed by Amazon Defense Coalition against Chevron in Ecuador has recused himself.  Details here and here!

Today, according to this news release, Chevron Corporation officials provided authorities in Ecuador and the U.S. with video recordings that reveal a $3 million bribery scheme implicating the judge presiding over the environmental lawsuit currently pending against the company and individuals who identify themselves as representatives of the Ecuadorian government and its ruling party.  Above is a 20-minute snippet of highlights from the complete 2 hours of video documentation.

During the past 18 months, I’ve written at least one post per month — read them here — about the drawn-out court battle between Chevron and the Amazon Defense Coalition over allegations of environmental misdeeds on the part of the San Ramon, Calif.-based oil giant.  Based upon my review of the video above, it appears my observations, in-depth reporting and analysis were on target.

In the videos, the judge confirms that he will rule against Chevron and that appeals by the energy company will be denied — even though the trial is ongoing and evidence is still being received. A purported party official also states that lawyers from the executive branch have been sent to assist the judge in writing the decision.

For the full transcripts and the complete video recordings, go to www.chevron.com/ecuador.

More to follow…

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UPDATE 8-31-09 12:48 p.m. Central: When contacted for comment on the news today, ADC spokesperson Karen Hinton said she would be issuing a statement soon and would forward it to me.

See also: Transcript: Ecuadoran Officials Caught on Tape Seeking $3 Million in Return for Favorable Ruling

‘Team Obama’ Cartoon Great for Scandal Watching

The cartoon above originally appeared in the form of a sketch in my Dec. 18 post about the scandal involving Gov. Rod Blagojevich (D-Ill.).  Rather than limit it’s use to a single scandal, My Personal Litmus cartoonist “Michael” explained the slight alteration in a post today, writing, “It seems like there are so many (scandals) now that I figured I would just let the viewers insert whatever name they wanted.

Good idea, Michael!

Richardson Scandal ‘Shape of Things to Come’

The scandal that led to the withdrawal of Commerce Secretary-designate Bill Richardson may be “just the beginning of a string of scandals unlike anything we’ve seen in American history,” Richard A. Viguerie said today.

Viguerie used a late-afternoon news release to share his thoughts about Richardson, the current New Mexico governor and former Clinton cabinet member who faces a grand jury investigation into whether he exchanged infrastructure-related state contracts for political contributions.

“The federal government is on the verge of handing out hundreds of billions of dollars of so-called ‘economic stimulus,’” said Viguerie, chairman of ConservativeHQ.com. “You can rest assured that big contributors and others with the right political connections will get big chunks of that money, and that a lot of it will never be accounted for. Much of it will go for ‘green’ energy projects that will turn out to be scams, and for public works projects that make the Capitol Visitor Center and ‘The Big Dig’ look like money well spent.”

The Capitol Visitor Center was originally planned to cost $71 million, its “final” budget was $265 million, and it eventually cost $621 million. The Big Dig was a Boston highway project that, by the time all political interests had been satisfied, cost four times the original estimates even with inflation taken into account.

“Cost overruns, the use of substandard materials with resulting injuries and deaths, payoffs to political interests such as environmentalists and neighborhood groups, and out-and-out bribery on government contracts — that’s what the American people better prepare themselves for, if the politicians have their way on this ‘stimulus,’” Viguerie said.

“Blagojevich? Richardson? You ain’t seen nothing yet!

“Already, it is hard to read or watch the news without being bombarded with stories of politicians being credibly accused of wrongdoing, being indicted, being sentenced. Throwing a trillion taxpayers’ dollars into a corrupt system will only make the system more corrupt.”

This explosion of corruption “is a serious threat to our democracy,” Viguerie said. “It is the Chicago-ization of American politics.”

Barack Obama’s Ties to Blagojevich Still ‘Sketchy’ (Updated)

Click to enlarge.

My friend Michael at My Personal Litmus offers two great sketches that highlight the scandal involving Gov. Rod Blagojevich (D-Ill.) and the impact it might have on Barack Obama.

One sketch (above right) highlights three things:

  • The possible blowback against Obama resulting from news that the voice of Rahm Emanual, his chief of staff, can be heard on FBI recordings of 21 separate conversations he had with Blagojevich;
  • The shadow such a scandal casts on both Obama and the Democratic Party in general; and
  • The growing sense of disgust ordinary Americans feel toward members of the press corps who seem more inclined to give next president of the United States a “pass” rather than doing their jobs as journalists.
Click to enlarge.

Click to enlarge.

Another sketch (at right and inked since first posted) offers a realistic portrait of how a young Obama might have attempted to explain away his involvement in breaking the window of a house with a baseball.

Flash forward 40 years, and Obama can be expected to display the same “window washing” skills as he deals with “Blago-Gate.”

‘Blago-Gate’ Captures Nation’s Interest

Click to view unedited version.

Click on graphic to view unedited version of cartoon.

In an article published today, the folks at the Pew Research Center report today that the scandal surrounding Illinois Democrat Gov. Rod Blagojevich (a.k.a., “Blago-gate”) filled more than a quarter of the news hole from Dec. 8-14, as measured by the News Coverage Index from the Pew Research Center’s Project for Excellence in Journalism.

Mark Jurkowitz, associate director of Pew’s Project for Excellence in Journalism, explains how big the story really was during its first week in the public spotlight:

At 28% of the newshole, it generated more coverage than the Russia-Georgia war (26% from Aug. 11-17) and even topped what had been the messiest political scandal of the year, New York Gov. Eliot Spitzer’s dalliance with a prostitute (23% the week of March 10-16). It was the No. 1 story online, on cable news, and in the radio sector and accounted for nearly half the airtime (44%) examined on cable last week.

Will the interest continue?  Of course it will, thanks to two contributing factors:

1) News agencies like AFP are reporting that the voice of Rahm Emanuel, the 5th District Congressman recently named Barack Obama’s chief of staff, shows up in 21 tape-recorded conversations with Blagojevich; and

2) Today, according to reports like this one from Associated Press, Illinois legislators named panel members to begin impeachment proceedings.  Those proceedings are expected to last well into January.

If, for nothing else, Democrats can be counted on to provide plenty of fodder for the political scandal reporting business.

Cartoon courtesy:  Political Graffiti

Obama Finance Chair Tied To Subprime Scandal

Recently, I was encouraged by a Bob McCarty Writes reader to look into the background of Penny Pritzker, a Chicago billionaire who now serves as the National Finance Chair for Barack Obama‘s presidential campaign. When I did investigate, I found details that should not only cause “Obamaniacs” to question their candidate’s judgment, but should — at a minimum — prompt a detailed explanation from Obama himself.

Penny Pritzker Mini-Resume

According to a Forbes article (Shaking the Family Tree by Stephane Fitch) published Sept. 30, 2002, “(Pritzker) represented her family’s half-interest in Superior Bank, a thrift operating in the Chicago suburbs” that “ran into trouble early in 2001 when a large number of subprime loans went into default.”

Note the term, SUBPRIME LOANS.

Also in the Forbes article were the following details:

Regulators charged the bank with poor lending practices and sloppy accounting. The Federal Deposit Insurance Corp. was bracing to cover as much as $550 million in losses at Superior.

The Pritzkers initially seemed confident, offering in July 2001 to infuse the bank with $210 million. But by December, with details of Superior’s losses under increasing scrutiny, the family was forced to open its checkbook, agreeing to shell out $460 million over 15 years. No bank owner in history had ever offered anything close to that to settle a case. But the payout scuttled the possibility of Penny’s having to testify in a very public trial — or of her having to disclose her own role in the bank’s failure.

For Obama, the candidate who got himself involved in at least one shady real estate transaction with a Chicago businessman indicted in a state government kickback scandal and in an alleged business fraud in October 2006 (see Another Scandal in Obama’s House for details), the selection of an individual once up to her eyeballs in a costly subprime lending scandal should prompt everyone who’s serious about selecting the nation’s next leader to questions his judgment. Frankly, however, I expect only one high-profile person — Hillary Clinton — will actually do that.

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For another blogger’s take on the matter, read Obama Campaign Finance Chair Involved In Superior Bank S&L Scandal?

For more information about the Pritzker family’s involvement with Superior Bank, read these articles:

The Pritzkers’ Superior Headache, Forbes, Nov. 5, 2002

The Pritzkers’ Empire Trembles, Business Week, Sept. 10, 2001