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A Strange & Unsettling Day

July 3, 2018 by Jeff Carlson, CFA

On June 28, 2018, the NSA made the following announcement:

Consistent with NSA’s core values of respect for the law, accountability, integrity, and transparency we are making public notice that on May 23, 2018, NSA began deleting all call detail records (CDRs) acquired since 2015 under Title V of the Foreign Intelligence Surveillance Act (FISA)Continue Reading

The Full Significance of Rosenstein’s Statement

July 1, 2018 by Jeff Carlson, CFA

In response to my Rosenstein article, I received a simple question from someone I respect:

Why did you focus on “media reports” regarding the FISA application?

This was in reference to the questioning of Rosenstein by Matt Gaetz:Continue Reading

A Letter from Devin Nunes – 17 Recognizable Names Referred for Open Interviews

June 29, 2018 by Jeff Carlson, CFA

A quick update. Devin Nunes has sent a letter to Chairman Gowdy and Chairman Goodlatte.

In it, Nunes refers 17 highly recognizable names to the joint task force of the Committees on Oversight & Government Reform and the Judiciary for interviews.Continue Reading

Rosenstein’s Telling House Testimony

June 28, 2018 by Jeff Carlson, CFA

Deputy AG Rod Rosenstein & FBI Director Chris Wray testified before the House Judiciary Committee today. It proved interesting. Very interesting. And informative.

Note: For an elaboration on the Gaetz/Rosenstein exchange see:

The Full Significance of Rosenstein’s Statement

Continue Reading

Goodlatte’s Request No. 9 & the FBI’s Response

June 24, 2018 by Jeff Carlson, CFA

On March 23, 2018 I wrote about a letter – and a subpoena – sent by Bob Goodlatte to Deputy AG Rod Rosenstein.

You can find his press release here. A pdf of his letter and subpoena here.Continue Reading

Bombshell Moments from Day Two of the Inspector General’s Testimony

June 20, 2018 by Jeff Carlson, CFA

Day Two of the Inspector General’s Testimony proved far more crucial than Day One. Many new details were revealed.

The following are testimony highlights (tweet source links below):Continue Reading

Four Moments from Day One of the Inspector General’s Testimony

June 19, 2018 by Jeff Carlson, CFA

My apologies for the lack of recent posts. We are in the midst of a meaningful extended family event that has been planned for well over a year. Family remains more important than politics.

Inspector General Horowitz testified before the Senate Judiciary Committee yesterday. His Opening Statement can be found here.Continue Reading

The Inspector General’s Report

June 14, 2018 by Jeff Carlson, CFA

Here is the Inspector General’s long-awaited Report:Continue Reading

The President’s Press Conference & the Real Initiation of the Leak Investigation

June 9, 2018 by Jeff Carlson, CFA

No one is entitled to surreptitiously fight their battles in the media by revealing sensitive government information. – AG Jeff Sessions

The indictment of former Senate Intelligence Committee staffer and long-time Security Director for the Committee, James Wolfe, is a welcome event. His indictment and arrest was the culmination of  a lengthy investigation.Continue Reading

Missing Timeline from Papadopoulos Statement of Offense Hides Millian

June 7, 2018 by Jeff Carlson, CFA

There are two legal version of events relating to George Papadopoulos.

One from the July 28, 2017 Affidavit signed by FBI Agent Robert M. Gibbs (Gibbs Version). Gibbs notes this interview is recorded. It is not clear that Gibbs is conducting the interview. There are at least two FBI Agents present.

One from October 5, 2017 Statement of the Offense signed by Robert Mueller – undersigned by Jeannie S. Rhee, Andrew D. Goldstein and Aaron S.J. Zelinsky – The Special Counsel’s Office (Mueller Version).

To the casual eye these documents appear to provide a relatively similar version of events. But there are some differences.Continue Reading

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Jeff Carlson is a CFA® charterholder.

He worked for 20 years as an analyst and portfolio manager in the High Yield Bond Market. He holds degrees in finance and economics.

He can be found on X (Twitter) at @themarketswork or on Substack at Truth Over News

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