17 May 2006

New Executive Order Permits Intelligence Director To Authorize Telcos To Lie Without Violating Securities Law

Think Progress » New Executive Order Permits Intelligence Director To Authorize Telcos To Lie Without Violating Securities Law: "Ordinarily, a company that conceals their transactions and activities from the public would violate securities law. But an executive order signed by the President on May 5 allows the Director of National Intelligence, John Negroponte, to authorize a company to conceal activities related to national security. (See 15 U.S.C. 78m(b)(3)(A))"

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