182 | HOW AMERICA LOST ITS SECRETS before he left Hong Kong in June 2013. Why would Appelbaum keep it secret for more than four months? The same pressure to publish would also apply to the journalists Snowden had dealt with in Hong Kong. If Snowden had given Poitras, Greenwald,...
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Research Analysts James Barty >> Ajay Singh Kapur, CFA >> Investment Strategist Equity Strategist MLI (UK) Merrill Lynch (Hong Kong) +44 20 7996 3291 +852 3508 7753 [email protected] [email protected] Ronan Carr, CFA >> Shusuke Yamada, CFA >> European Equity Strateg...
Prologue | 5 terms of the 1997 transfer of sovereignty from Great Britain, China is responsible for Hong Kong’s defense and foreign policy, includ- ing intelligence services. He then proceeded to Russia, which has no extradition treaty with the United States. Russia granted him...
96 | HOW AMERICA LOST ITS SECRETS Greenwald flew back to Brazil that day. Soon afterward, he would resign from The Guardian. In February 2014, he became the co- founding editor of The Intercept, an online publication dedicated to investigative journalism, which was backed by the...
110 CHAPTER FOURTEEN Fugitive “Tf I end up in chains in Guantanamo, I can live with that.” m= —Edward Snowden, Hong Kong During his interview with Poitras and Greenwald, Snowden said stoically “If I am arrested, I am arrested.” His fatalistic words notwithstanding, Snowden had...
111 With three notable exceptions, the flights to them had stopovers in a country that was an ally of the US, and which could seize Snowden. The three exceptions were China, North Korea (via China) and Russia. The only one of these three countries, or any other country, that Sn...
Stress testing CNY Claudio Piron Yang Chen Merrill Lynch (Singapore) Merrill Lynch (Hong Kong) [email protected] [email protected] Gabriele Foa Ronald Man MLI (UK) Merrill Lynch (Hong Kong) [email protected] [email protected] SiEESS testing CNY We stress test China’...
…alg (advanced 9m) 30 =———=|\iSCI Europe EPS € (trailing yoy, R 60 01/98 «= 01/01 0104 01/07 O10 O13 O16 Source: BofA Merrill Lynch Global Research, Datastream, IBES Chart 3: Cyclicals vs Defensives trade now looks very stretched 4 3 2 1 0 { -2 3 -4 Dec-97 Dec-01 Dec-05 Dec-...
…0 102.4 78.3 68.5 S&P 500 GAAP EPS impact ($9) ($8) Source: FactSet, Blaomberg, BofAML Global Research estimates, BofA Merrill Lynch US Equity & US Quant Strategy We estimate share buybacks add $4 (or as high as $6) to EPS (GAAP & non-GAAP) If the full $1.2tn that we estimate f...
244 | HOW AMERICA LOST ITS SECRETS was a nervous period,” Snowden recalled. Although he bravely told The Guardian “there was no risk” that the information he carried had been compromised by other parties in Hong Kong, that claim was, at best, wishful thinking on his part. By th...
Liz he was the most famous visitor in Hong Kong, his passage through passport control may have reflected the acquiescence of the Hong Kong authorities to the reported request of China to be rid of Snowden by June 23rd. All we know for certain is that Hong Kong airport police did...
Jan Loeys Global Asset Allocation (1-212) 834-5874 The J.P. Morgan View J.P. Morgan [email protected] 09 November 2012 Disclosures Analyst Certification: The research analyst(s) denoted by an “AC” on the cover of this report certifies (or, where multiple research analysts...
Prologue | 11 proved ineffective in hiding him from U.S. intelligence and presum- ably other intelligence services seeking the treasure trove of docu- ments he had taken from the NSA. As for his next destination, I could find no evidence that Snowden had made any arrangements d...
L2 | HOW AMERICA LOST ITS SECRETS tery I was going to solve on this first trip to Hong Kong. I needed to know more about his activities before he got there. After all, Snowden was not, as he himself pointed out from Moscow, an “angel descend- ing from the heavens.” He had been w...
Cheapest tail-risk Hedges Adarsh Sinha Ralph Axel Merrill Lynch (Hong Kong) MLPF&S [email protected] [email protected] Gabriele Foa Tony Morriss MLI (UK) Merrill Lynch (Australia) [email protected] [email protected] Shuichi Ohsaki Merrill Lynch (Japan) shuichi.o...