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Who is Wall Street heiress Jessica Tisch? Why is she working for NYPD?

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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-11 05:20 PM
Original message
Who is Wall Street heiress Jessica Tisch? Why is she working for NYPD?

As reported in counterpunch, Jessica Tisch is the Director of Counterterrorism Policy and Planning for the NYPD who has played a significant role in developing the Lower Manhattan Security Coordination Center.

Jessica Tisch: 30 years old, Harvard MBA. Tisch is a friend to the Mayors daughter, Emma; her mother, Meryl, is a family friend to the Mayor. Tisch is the granddaughter and one of the heirs to the now-deceased billionaire Laurence Tisch who built the Loews Corporation. Her father, James Tisch, is now the CEO of the Loews Corporation and was elected by Wall Street banks to sit on the Federal Reserve Bank of New York until 2013 representing the publics interest.

In 2006, Tisch wrote the privacy guidelines for the Security Coordination Center of NYPD. The Center -- partially funded by $150 million federal monies -- is fully described in the counterpunch article:

"The surveillance plan became known as the Lower Manhattan Security Initiative and the facility was eventually dubbed the Lower Manhattan Security Coordination Center. It operates round-the-clock. Under the imprimatur of the largest police department in the United States, 2,000 private spy cameras owned by Wall Street firms, together with approximately 1,000 more owned by the NYPD, are relaying live video feeds of people on the streets in lower Manhattan to the center. Once at the center, they can be integrated for analysis. At least 700 cameras scour the midtown area and also relay their live feeds into the downtown center where low-wage NYPD, MTA and Port Authority crime stoppers sit alongside high-wage personnel from Wall Street firms that are currently under at least 51 Federal and state corruption probes for mortgage securitization fraud and other matters.

In addition to video analytics which can, for example, track a person based on the color of their hat or jacket, insiders say the NYPD either has or is working on face recognition software which could track individuals based on facial features. The center is also equipped with live feeds from license plate readers.

According to one person who has toured the center, there are three rows of computer workstations, with approximately two-thirds operated by non-NYPD personnel. The Chief-Leader, the weekly civil service newspaper, identified some of the outside entities that share the space: Goldman Sachs, Citigroup, the Federal Reserve, the New York Stock Exchange. Others say most of the major Wall Street firms have an on-site representative. Two calls and an email to Paul Browne, NYPD Deputy Commissioner of Public Information, seeking the names of the other Wall Street firms at the center were not returned. An email seeking the same information to City Council Member, Peter Vallone, who chairs the Public Safety Committee, was not returned."

More about the egregious conflict of interest:

"Tisch is the granddaughter and one of the heirs to the now-deceased billionaire Laurence Tisch who built the Loews Corporation. Her father, James Tisch, is now the CEO of the Loews Corporation and was elected by Wall Street banks to sit on the Federal Reserve Bank of New York until 2013 representing the publics interest. (Clearly, the 1 per cent think they know whats best for the 99 per cent.)

The Federal Reserve Bank of New York is the entity which doled out the bulk of the $16 trillion in bailout loans to the U.S. and foreign financial community. Members of Tischs family work for Wall Street firms or hedge funds which have prime broker relationships with them. A division of Loews Corporation has a banking relationship with Citigroup. The Tisch family stands to directly benefit from the surveillance program. In June of this year, Continental Casualty Company, the primary unit of the giant CNA Financial which is owned by Loews Corp., signed a 19-year lease for 81,296 square feet at 125 Broad Street an area under surveillance by the downtown surveillance center. Loews Corporation also owns the Loews Regency Hotel on Park Avenue in midtown, an area which is also now under round-the-clock surveillance on the taxpayers dime."

How many other instances of moles and plants and corruption between NYPD and Wall Street exist?


http://www.counterpunch.org/2011/10/18/wall-street-firm... /


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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-11 05:26 PM
Response to Original message
1. It's time to start shining lights on the privileged sockpuppets of NY
Just how many of the 1% hold offices of strength in NY?
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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-11 06:04 PM
Response to Reply #1
3. I found this news particularly sickening.
Remember when they called Bushco and the CIA "Octopus"?

Wall Street is even more intrusive and corrupted, apparently.
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-11 07:49 PM
Response to Reply #3
4. Bloomie's got his own Tammany Hall evidently
Wonder how many of his elite friends were given posts in return for a third trip to Gracie Mansion?
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-11 05:34 PM
Response to Original message
2. The revolving door of corruption.
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