NYPD now on Big Bank Payroll

Who Do the White Shirt Police Report to at Occupy Wall Street Protests?

Videos are springing up across the internet showing uniformed members of the New York Police Department in white shirts (as opposed to the typical NYPD blue uniforms) pepper spraying and brutalizing peaceful, nonthreatening protestors attempting to take part in the Occupy Wall Street marches. Corporate media are reporting that these white shirts are police supervisors as opposed to rank and file. Recently discovered documents suggest something else may be at work.

If you’re a Wall Street behemoth, there are endless opportunities to privatize profits and socialize losses beyond collecting trillions of dollars in bailouts from taxpayers. One of the ingenious methods that has remained below the public’s radar was started by the Rudy Giuliani administration in New York City in 1998. It’s called the Paid Detail Unit and it allows the New York Stock Exchange and Wall Street corporations, including those repeatedly charged with crimes, to order up a flank of New York’s finest with the ease of dialing the deli for a pastrami on rye.

The corporations pay an average of $37 an hour (no medical, no pension benefit, no overtime pay) for a member of the NYPD, with gun, handcuffs and the ability to arrest. The officer is indemnified by the taxpayer, not the corporation.

New York City gets a 10 percent administrative fee on top of the $37 per hour paid to the police. The City’s 2011 budget called for $1,184,000 in Paid Detail fees, meaning private corporations were paying wages of $11.8 million to police participating in the Paid Detail Unit. The program has more than doubled in revenue to the city since 2002.

The taxpayer has paid for the training of the rent-a-cop, his uniform and gun, and will pick up the legal tab for lawsuits stemming from the police personnel following illegal instructions from its corporate master. Lawsuits have already sprung up from the program.

When the program was first rolled out, one insightful member of the NYPD posted the following on a forum: “… regarding the officer working for, and being paid by, some of the richest people and organizations in the City, if not the world, enforcing the mandates of the private employer, and in effect, allowing the officer to become the Praetorian Guard of the elite of the City. And now corruption is no longer a problem. Who are they kidding?”

Just this year, the Department of Justice revealed serious problems with the Paid Detail unit of the New Orleans Police Department. Now corruption probes are snowballing at NOPD, revealing cash payments to police in the Paid Detail and members of the department setting up limited liability corporations to run upwards of $250,000 in Paid Detail work billed to the city.

When the infamously mismanaged Wall Street firm, Lehman Brothers, collapsed on September 15, 2008, its bankruptcy filings in 2009 showed it owed money to 21 members of the NYPD’s Paid Detail Unit. (A phone call and email request to the NYPD for information on which Wall Street firms participate in the program were not responded to. The police unions appear to have only scant information about the program.)

Other Wall Street firms that are known to have used the Paid Detail include Goldman Sachs, the World Financial Center complex which houses financial firms, and the New York Stock Exchange.

The New York Stock Exchange is the building in front of which the Occupy Wall Street protesters have unsuccessfully tried to protest, being herded behind metal barricades, clubbed with night sticks, kicked in the face and carted off to jail rather than permit the last plantation in America to be defiled with citizen chants and posters. (A sample of those politically inconvenient posters and chants: “The corrupt are afraid of us; the honest support us; the heroic join us”; “Tell me what democracy looks like, this is what democracy looks like”; “I’ll believe a corporation is a person when Texas executes one.” The last sign refers to the 2010 U.S. Supreme Court decision, Citizens United v. Federal Election Commission, giving corporations First Amendment personhood, which allows them to spend unlimited amounts of money in elections.)

On September 8, 2004, Robert Britz, then President and Co-Chief Operating Officer of the New York Stock Exchange, testified as follows to the U.S. House Committee on Financial Services:

“…we have implemented new hiring standards requiring former law enforcement or military backgrounds for the security staff…We have established a 24-hour NYPD Paid Detail monitoring the perimeter of the data centers…We have implemented traffic control and vehicle screening at the checkpoints. We have installed fixed protective planters and movable vehicle barriers.”

Military backgrounds; paid NYPD 24-7; checkpoints; vehicle barriers? It might be insightful to recall that the New York Stock Exchange originally traded stocks with a handshake under a Buttonwood tree in the open air on Wall Street.

In his testimony, the NYSE executive Britz states that “we” did this or that while describing functions that clearly belong to the City of New York. The New York Stock Exchange at that time had not yet gone public and was owned by those who had purchased seats on the exchange – primarily, the largest firms on Wall Street. Did the NYSE simply give itself police powers to barricade streets and set up checkpoints with rented cops? How about clubbing protesters on the sidewalk?

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