Corporate espionage is alive and well.

The pseudonymous mad hedge fund trader on the new world order:

Cyber warfare is a huge new battlefront. Some 100 countries now have this capability, and they have stolen over $50 billion worth of intellectual property from the US in the past year. As much as I tried to pin [CIA Director Leon] Panetta down on who the culprits were, he wouldn’t name names, but indirectly hinted that the main hacker-in-chief was China. This comes on the heels of General Wesley Clark’s admission that the Chinese cleaned out the web connected mainframes at both the Pentagon and the State Department in 2007. The Bush administration kept the greatest security breach in US history secret to duck a hit in the opinion polls.