[...] London due diligence firms say the record of Simpson’s firm Fusion GPS and Steele’s Orbis Business Intelligence operations in the US has discredited them in the due diligence market. The London experts believe the Senate Committee transcript shows Simpson and Steele were hired for the black job of discrediting the target of their research, Trump; did a poor job; failed in 2016; and now are engaged in bitter recriminations against each other to avoid multi-million dollar court penalties.
A source at a London firm which is larger and better known than Steele’s Orbis says “standard due diligence means getting to the truth. It’s confidential to the client, and not leaked. There are also black jobs, white jobs, and red jobs. Black means the client wants you to dig up dirt on the target, and make it look credible for publishing in the press. White means the client wants you to clear him of the wrongdoing which he’s being accused of in the media or the marketplace; it’s also leaked to the press. A red job is where the client pays the due diligence firm to hire a journalist to find out what he knows and what he’s likely to publish, in order to bribe or stop him. The Steele dossier on Trump is an obvious black job. Too obvious.”
Another leading figure in London due diligence adds about Simpson, with whom he’s worked in the past: “If one considers Glenn to be, on a good day with a following wind, an unreliable witness, the material is at best only about his memories and impressions. I am just going to wait for the movie.”
