CIA FORTUNES MADE ON SATELLITE PHOTOS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP88-01314R000100520018-9
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
2
Document Creation Date: 
December 22, 2016
Document Release Date: 
April 27, 2010
Sequence Number: 
18
Case Number: 
Publication Date: 
January 1, 2000
Content Type: 
NSPR
File: 
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PDF icon CIA-RDP88-01314R000100520018-9.pdf242.2 KB
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Sanitized Copy Approved for Release 2010/04/27: CIA-RDP88-01314R000100520018-9 Made on Satellite Photos Detrdit/s Weekly Alternative Newspaper 1-7 MAY VOL. 10 NO. 23 .CIA Fortunes . (ZNS) One possible scandal about the CIA which has not yet surfaced is how operatives for the agency have re- portedly been able to use inside infor- mation to make financial killings on the world commodity markets. The Village Voice reports that "high- ly trained and highly paid analysts in the national security agency and the CIA (have) made fortunes for themselves in- terpreting satellite photographs." The Voice says that analysts studied the data sent back by satellites about the Russian countryside and detected early signs of a disastrous Soviet wheat crop. These individuals then allegedly rushed to the world commodity market and invested their own money in Am- erican wheat. The Voice says that when the Soviet grain failures later come to worldwide attention, the price of American wheat soared-and the in- telligence analysts with inside informa- tion-made small fortunes. A similar practice has reportedly. been followed by the agency itself in its handling of mutual funds. The CIA is reported to operate a funds company -known as either "WV Mutual" or "WH Mutual"-whose profits are used to pay pensions to injured agents. The Voice says that the Mutual fund's assets have been increased to $20 million in recent years mainly be- cause-of stock market purchases based on the CIA's inside knowledge of world politics and economic events. Your Government If you haven't-read anything of much personal interest lately, here's a sugges- tion - write to the FBI or the CIA and ask for your file. Of course, you may not have a personal file with either of these agencies, but then again, thousands and thousands of Americans who participated in anti-war activities do. And ever since February 19, when the amendments to the D Freedom of Information Act went into effect, those files are available upon request. FBI Director Clarence Kelly says that prior to February 19, the Bureau received only about five or six Freedom of Information requests a month. Since then, the requests have shot up to around 15 a day. So if you think you may be a statistic in a Washington DC file cabinet, all you have to do is to write to the Deputy Attorney General, Department of Justice, Washington DC. Mark your envelope and letter "Freedom of Information Request," and include your name, birthdate and birthplace. If you think you've been snooped on by the CIA, write to the Freedom of Information Coordinator, CIA, Washington DC, the same information and whatever activity you've engaged in that may have aroused the interest of the agency. Both agencies are required to r--spond to all requests within ten days. ii' thousands of people ;am .diem, with mail, they'll go bananas. evaitinu~d STAT Sanitized Copy Approved for Release 2010/04/27: CIA-RDP88-01314R000100520018-9 HOW, to Get Sanitized Copy Approved for Release 2010/04/27: CIA-RDP88-01314R000100520018-9 The Highland Park Ford plant reflects off the glass of the side entrance to the Manufacturers National Bank. Inside is the entrance to the secret CIA office. or = Paints r City-CIA OtIFICU Ift The Fifth Estate stencilled CIA signs on the door of the agency's local office as part of a service to make federal . agencies more accessible to the public. Until the FE performed the free paint job on the doors, located in a Manufac- turers' National Bank building at the comer of Woodward and Manchester in Highland Park, the average Detroiter had no idea where his friendly neighborhood CIA agent hung out, collecting rumor, innuendo and the odd out-of-context fact. The painting was done at no, last Saturday, first on the outer glass doors fessional job themselves. After all, . of the bank's side lobby and then on they're experts at labelling people and the wood door located just inside cdm- things; though'tisitally?h'ot very accurately. plete with peephole. The outer glass doors are always open to provide access to a cash machine for bank credit card holders, but unfortunately the inside door was locked so we couldn't go in- side and stencil their filing cabinets too. When we returned at 4:30 that same afternoon the signs had been removed and two clean-cut looking dudes in suits were standing in the lobby with their hands in their pockets. Maybe the Agency has rules against advertising. or perhaps, now that we have given them the idea, they will do a more pro- Sanitized Copy Approved for Release 2010/04/27: CIA-RDP88-01314R000100520018-9