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So WikiLeaks is threatening to release thousands of confidential documents on a prominent US bank -- -- hasn't done so yet.
Let's get more -- and Fox Business first reported BankAmerica is in the bank in question.
Well now the SEC is taking notice and -- Charlie Gasparino of Fox Business senior correspondent joining us with exclusive did OK you guys.
It was only matter time before the SEC was gonna kind of get involved in this in they're not totally above this is what sources close of the commission -- telling the Fox Business Network.
That the -- is he's clearly monitoring his -- Wiki -- flap involving Bank of America as you know.
To his -- -- ahead of WikiLeaks said that he has all these field.
Very embarrassing stuff on -- US bank.
He's indicating at least one interview that that US bank is Bank of America.
And here's why the SEC is worried about this they've done numerous investigations into bank of our particularly the countrywide lending.
Subsidiary whether countrywide gave forge -- fraudulent mortgages after people.
The -- Merrill Lynch deal that when when -- -- -- Merrill Lynch back in 2008 a lot of problems with that deal they've asked Bank of America to hand over thousands of pages of documents and emails.
What they're worried about is that there's something that WikiLeaks has from wherever they get their stuff from usually it's a company insider.
That has not been turned over to the SEC in these investigations -- what does it mean if they if it hasn't been.
Well if they purposely did not turn it over.
And I tea you know you have to turn over everything you have a real problem -- -- -- -- -- They could be gained on an obstruction of justice cool this could be this could be a criminal matter for Bank of America.
If these documents are different from what is already an internal energy to prove some sort of intent not to turn this over some sort of -- that the trying to get out of turn so that we should caveat all of this.
Number one we just have Julian Assange -- and making a comment that his Wiki -- Data dump that's coming on US bank is bank a verbal.
We don't know where they respect America I can tell you a source that is seen documents allegedly from Wiki -- has pulled me.
That it is Bank of America we don't know exactly what it is there's a lot of question marks here but one thing I can tell you.
Is that the SEC is concerned about this and they really wanted to win this thing happens if it happens remember Bank of America is set -- -- -- -- first report that.
As a swat team but they -- the swat team for nothing just so far.
But when this thing happens the SEC's deputy if it does obvious he's gonna monitor to see that's different than what they already have.
-- real quick -- this is say the SEC not only is lending credence to WikiLeaks then but they're almost using them as.
As sort of a data mining facility using WikiLeaks that -- -- he says the it investigated it to do the job that they couldn't do well you know listen.
When you're the SEC in their defense when -- the SEC you send a subpoena to somebody.
You say I want all this information is usually covers just about everything.
Your bank like Bank of America highly regulated you're expected to turn over everything if WikiLeaks has something that wasn't turned over.
You know the FCC could only do so much but I'll tell you if that's the case.
Fellow heads will roll a bank the report -- that's if -- I'm saying it might seem it is what could be better at coming up say you don't have to listen have been investigated so many different times that.
Yeah so I know so many different parts that it could be -- you could be nothing.
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