(15/4/12 New Updates Bellow//: Mass Arrests of 10,000 Global Cabal Members – 2012. 25/3/12 “594 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS” /&/ “20,000+ extra resignations that no one is reporting ” Friday, March 16, 2012 – Update that explains how a much larger number of resignations/house arrests are visible using data from the SEC (Securities and Exchange Commission).http://nesaranews.blogspot.co.uk/2012/03/20000-extra-resignations-that-no-one…
24th March 2012 ) Mass Judicial Resignations in Canada Linked to Water War Crimes Corruption: http://www.waterwarcrimes.com/4/post/2012/3/mass-judicial-resignations-in-bri…
(New – April 13, 2012) Canadian Government Corruption Clean Up Continues with Mass Layoffs: Canada’s Central Government announces the firing of 12,000 employees and officers of Canada’s Government involved in serious criminal activity. http://www.waterwarcrimes.com/4/post/2012/04/mass-layoffs-in-canada-as-corrup…
‘An unprecedented 2012 SURGE OF TOP-LEVEL RESIGNATIONS / HOUSE ARRESTS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS’: A valuable website that is tracking the resignation count with details: 594 known resignations as of last update 15/4/12:http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html
(29/3/12) — DAVID WILCOCK with DRAKE Interview (DivineCosmos.com) — “Discussion on MASS ARRESTS and GLOBAL SETTLEMENTS – INTERVIEW WITH TOP INSIDER ABOUT IMMINENT MASS ARRESTS”.
http://nesaranews.blogspot.co.uk/2012/03/david-wilcock-with-drake-interview.html – Article
contains Downloadable MP3 files of the full interview.
— Or part 1 of 3 on youtube uploaded by ThankYouWhiteKnights
(2/4/12) Q&A Update Call with insider, Drake. Further discussion relating to the Mass Arrests http://www.youtube.com/watch?v=a3fmR0RiC3U
(28/3/12) New important updates from David Wilcock on the Mass Arrests – reporting on information from his trusted whistleblower/insider sources, whom explain how this highly secretive, highly coordinated operation has been made possible and who is behind it.
Benjamin Fulford reporting on related events and the arrests that are already happening at – http://www.BenjaminFulford.net
Video – Benjamin Fulford 21/3/11: An introduction to Benjamin Fulford and the White Dragon Society and the forces opposing the Illuminati.
FHA Files a $196 Billion Lawsuit Against 17 Major Banks “The Global Banking Cartel’s crimes are being exposed left & right”
Record $6 Trillion of Fake U.S. Bonds Seized
Italian Police Video exhibit of Seized $6Trillion,http://www.youtube.com/watch?v=lRl_LxXObek&feature=fvwrel
$15 trillion in fraud exposed in UK House of Lords 16/2/12http://australia.tweaktown.com/news/22774/15_000_000_000_000_15_trillion_in_f…
18 March 2012 – Freedom Reigns Radio: Mass Arrests for the cabal.
An informative broadcast on the coming arrests, explaining that “The People have given civilian authority to the services to make changes to bring us back to the true government for and by the people, and warns everyone to not miss read what is going on. They are NOT coming for the people, the cabals time is up! Please prepare for the coming “good” change that is coming.”
Friday, March 16, 2012
Over 20,000 resignations/house arrests are visible using data from
the SEC Securities and Exchange Commission.
The Securities Exchange Act of 1934 requires that publicly traded companies must
report to the SEC whenever a member of the Board or certain officers resign.
Also, the SEC has a database named EDGAR that is open to the public. After a
little research, what was discovered is that corporations must report said
resignations on Form 8-K, Item 5.02. From there, it was a simple matter of
searching only Form 8-Ks within a specific range of dates, and including the
boolean search terms “Resigns” and “Resignation”.
I felt this would at least offer us a baseline comparison to see if there is
truly an uptick in resignations, or if it just appears that way. I think you
will be interested in the results.
From the start of 2008 to the second quarter of 2011 the resignations remained
steady @ about 2000 per quarter.
Suddenly in the 3rd quarter of 2011 they
increased by 50% to 3000 for that quarter. (That’s an extra 1000).
Then in the 4th quarter they jumped to 7000. (That’s an additional extra 5000 resignations).
Now without the full quarter results for the first quarter of 2012 they are up
to 16,000. (That’s an extra 14,000 resignations & increasing fast).
That’s a total of 20,000+ extra resignations that no one is reporting in news
papers & nothing of course in the major media!
These are people who were in sting situations but didn’t know it when their opportunistic
thefts of funds became a trap providing evidence of their wrong doing. Reports of
their resignations usually involve house arrest in many cases including
inability to leave the country. Full exposure of their crimes will follow
in due course. This involves financial houses and banks worldwide.
2 CANADIAN CORNER
THE WATER WARS
Mass Judicial Resignations in Canada Linked to Water War Crimes Corruption
The mass resignations and early retirement of suspected crooked
Canadian judges has gone unreported in the Canadian and international mainstream media but it is clear evidence supporting the accuracy of the allegations set out on this web site that theCanadian system of a politically appointed and, practically, unaccountable judiciary had become riddled with nepotism corruption and croneyism.
Out of approximately 100 superior court judges in British Columbia, nine superior court judges resigned – retired, in December 2011 and Janaury, 2012; Anne Rowles, Carol Huddart, Kenneth MacKenzie, James Shabbits, Dean Wilson, and Grant Burnyeat, or took a supernumary* appointment, Risa Levine, Pamela Kirkpatrick, and David Tysoe. In addition,Supreme Court Master Alan Donaldson suddenly retired on December 31, 2011.
*A supernumary appointment is similar to a retirement but the judge gets half-pay and works half-time over the next year so that he or she has some cash income especially if they don’t have a full pension to draw on. Nine (9) judicial retirements in British Columbia, in two months, is highly unusual (more than 4 x times the estimate average of 1 per month) and corroborates the opinion that a judicial clean-up is going on as a result of the crimes.
Click here to review list of judicial retirements
These judicial retirements follow upon the recent, sudden, early retirements of Supreme Court of Canada Justice, Ian Binnieand Canadian Federal Court Chief Justice, Alan Lutfy, both of whom are deeply linked to the corruption that surrounds the Water War Crimes. Incidentally, former British Columbia Attorney General, Barry Penner announced he would be resigning on August 18, 2011, a mere two days after former Canadian Federal Court Chief Justice, Alan Lutfy announcedhe would be resigning. It was no co-incidence because both Penner and Lutfy were covering up the Water War Crimes.
Immediately after the judicial retirements, British Columbia Premier Christy Clark announced a complete review of theBritish Columbia justice system. Subsequent to that announcement, the three Chief Judges, Finch, Bauman, andCrabtree, in British Columbia, issued two unprecedented joint judicial press releases in defence of judicial independence and most recently, the man in charge of the British Columbia criminal justice system, Robert Gillen, suddenly retired.
Click here to read joint judicial press release
There is very definitely a major change taking place in Canada`s legal and judicial systems.
Canadian Government Corruption Clean Up Continues with Mass Layoffs
Following mass judicial and legal resignations in British Columbia, Canada’s Central Government announced the firing 12, 000 employees, many of whom were involved in the cover up of the Water War Crimes and other criminal activity by employees and officers of Canada’s Government. The prime target of the cuts was the notoriously corrupt Derparment of Foreign Affairs and International Trade.
These mass civil service layoffs follows on the mass judicial resignations in British Columbia where a group of judges linked to the Water War Crimes and other cover up of criminal activity
suddenly resigned in December, 2011, and January, 2012, (see Mass Judicial Resignations in British Columbia posted March 24, 2012) followed by the sudden “retirement” on March 9, 2012, ofRobert Gillen who was deeply involved in the Water War Crimes cover up and the near death experiernce ofCanada’s Minister of Public Safety Vic Toews on April 3, 2012 who was rushed ot hospital suffering from “chest pains” after covering up the Water War Cimes for over eight long years.
The Canadian Government is obviously co-ordinating its mass layoffs with the mass clean out of high level officer holders inside the world’s banking, financial and investment sectors where, like inCanada’s government, corruption has run unchecked over the past decades.
Click here for list of 700 International Banking Resignations
Canada’s Department of Foreign Affiairs and International Trade has beeen singled out as one of the key agencies that needs a clean out with over 6,000 employees to be laid off. TheDepartment of Foreign Affairs and International Trade is has a long and sordid history of fraud, corruption, blackmail, treaty violations, sexual deviancy and other criminal activites that has prompted average Canadians to demand a complete removal of all of the Canada’s foreign service personnel.
Prime Minister Harper, exercising the power of his new majority government, has taken a necessary first step towards refrorm of Canada corrupt Department of Foreign Affairs and International Trade and we applaud this initiative.
The Canadian Department of Foreign Affairs and International Trade played a key role in the initiation of theWater War Crimes and successive Canadian Ministers, Ambassadors and other officers have been part of a continuiingcriminal conspiracy to conceal the criminal activity that took place.
Canada’s Department of Foreign Affairs and International Trade was first identified as having been infiltrated by international communism during World War 2 when Lester Pearson, then working for Canada, in Washington, D.C., was oberved by theAmericans to be leaking top secrets to the Soviets.
Pearson returned to Canada, entered poltics, and led Canada to dramatically to the left by recruiting the norotious self admittedCommunist intellectual, Pierre Trudeau, to the Liberal Party of Canada. Trudeau completed what Pearson set out to do and pushed Canada into the hands of a globalist cabal that intended to take over all of the resources of the world including Canada’swater resources that are critical to the long term survival of theAmerican economy.
The Globalist Cabal, that included Queen Elizabeth and her husband, have been temporarily defeated in their plans but it remains to be seen what Prime Minister Stephen Harper has done in his secret negotiations with the American that took place over the past six years wirth respect to the issue of fresh water exports.
Did Prime Minister Harper protect the interests of Canadians or did he sell out to the Globalist Cabal??
The truth will be more fully revealed as the investigations are now moving into iother realms.
CANADA’S SUPREME COURT
PROTECTS POLITICAL CRIMINALS
On April 5, 2012, the criminal organization that has infiltrated theCanadian Government proved that it still controlled the politically appointed judges of the Supreme Court of Canada that whenJustices Cromwell, Abella, and Lebel (shown above) issued their order refusing to hear the case brought by Mr. Carten andMs. Gibbs because it threatened to expose and destroy the criminal network, allegedly including Queen Elizabeth and her dying husband, that was involved in the Water War Crimes carried out against the people of Canada.
The action in the Canadian Federal Courts has been a great military victory in the onging war against corruption in Canadabecause the forces of freedom and justice have killed and destroyed 27 of Canada’s criminal class and wounded many others without firing a single bullet.
THE WAR ON CORRUPTION CONTINUES
The corruption in Canada’s legal and judicial institutions is deep, pervasive and widespread.
Many more corrupt insiders must be hunted and destroyed.
The Canadian justice system, its lawyers and judges, are notoriously corrupt.
From the bottom to the top and the top to the bottom, from coast to coast to coast, in every city, village and hamlet, politically appointed, unaccountable, unreliable, untrustworthy, dishonest, and sexually perverted judges and lawyers are involved in racketeering, money laundering, corruption, treaty violations, and other criminal activity.
The war for freedom from the judicial and legal criminal tyranny that dominates Canada will continue and more will die because the insiders are now murdering each other in order to protect themsleves from exposure.
Will Vic Toews be the next Victim of the Water War Crimes?
Canadian Publicd Safety, Minister Vic Toews, was rushed to hospital in Ottawa yesterday with a life threatening illness, just likePrince Phillip in December, 2011, and readers of this web site are asking if Vic Toews will soon be buried in the Graveyard of the Guilty along with 31 other persons who have covered up theWater War Crimes in order to protect the guilty.
Co-incidentally both Toews and Prince Philip are Freemasonsand are both linked to members of the Freemason Brotherhood in British Columbia who violated the principles of that ancient fraternity when they carried out the Water War Crimes.
Toews has been covering up the Water War Crimes for years and he is in big, big, trouble both metaphysically, psychologically, and now it appears, physically.
Click read more on right to continue >>>>
When Vic Toews was a lowly opposition member and the Liberal Party of Canada was the government of Canada under Prime Minister Jean Chretien and, later, under Prime Minister Paul Martin, Mr. Carten provided Vic Toews with proof that LiberalParty Ministers, Stephen Owen and Ujjal Dosanjh, had been in charge of the Ministry of the Attorney General in British Columbia when employees of that Ministry had committed the crimes of fraud, perjury and obstruction of justice.
The evidence crimes were committed, was clear and well documented but Vic Toews, who had the opportunity to destroy his political opponents, remained silent and concealed the crimes from the Canadian people and protected the crooked insiders.
When Stephen Harper took over as Prime Minister of Canadain 2006, he appointed Vic Toews to be his Minister of Public Safety which is the Ministry in charge of the Canada’s national police force, the RCMP.
Under the RCMP Act, the Commissioner of the RCMP, at present Commissioner Bob Paulson, must follow the directions of the Minister of Public Safety. So, if Vic Toews orders theRCMP not to investigate certain crimes, the RCMP must follow orders and not investigate those crimes. In this way, Canada’s national police force has become corrupted at the top, crooked politicians and insiders are protected, police morale declines and corruption spreads throughout the force.
Corruption at the top breeds corruption at the bottom.
It was expected that when he was elected the Prime Minister of Canada, Harper would order an investigation of the Water War Crimes because while campaigning for the job of Prime Minister he was provided the same documents provided to Toews and, shortly afterwards, he villified the past government corruption in British Columbia as part of his campaign rhetoric.
If Toews does die from his sudden serious illness, he will be another lesson for those in high office in Canada who cover up crimes against the people of Canada.
God has no mercy on wicked leaders who cheat and deceive their people.
Three Amigos Summit
Water is necessary for life.
Canada has plenty, Mexico and the American southwest do not.
Briefly stated, the ecomonies of the United States andMexico will wither and die without additional supplies of water and the only realistic source of that water is Canada. Furthermore, Canada’s ecomony is utterly and completely dependant on the success or failure of the econonies of its neighbours and it is in Canada’s best interests to do whatever is reasonably possible to insure that success and this includes massive diversions of fresh water to the American southwest andMexico.
It is also consistent with the Golden Rule – the Supreme Lawgoverning relations among friends and neighbours.
Click read more on right to continue reading ……………….
When Prime Minister Harper was elected, he took over a mess of intrigue and corruption related to water exports. A large part of the Canadian population were opposed to water exports as a result of massive illegal fraudulent media campaign by environmental groups that had been funded with foreign money.
These foreign controlled anti-American political lobby groups are still at work in Canada but, as a result of the 2012 Canadian Government budget, they will now fall under close supervision and monitoring by Canada Revenue Agency to insure they use their foreign money in accordance with Canadian law instead of using it for political propaganda causing confusion and mis-understanding on the part of the Canadian public who are particularly vulnerable to distortion, deceit and dishonesty.
Due to his minority government position, Canadian Prime Minister Stephen Harper has had to be extremely cautious making and public announcements about water export because foreign agents in Canada’s media and the opposingCanadian political parties would have used the issue against him.
Nevertheless, Prime Minister Harper went to work and after six years of minority governments, backroom meetings, intimidation, arm-twisting, legal negotiations and other maneouvering,Canadian Prime Minister Stpehen Harper is finally in a position to begin the process of making good on the promises that previousCanadian Prime Ministers made to deliver water to the UnitedStates and Mexico on a massive basis.
Tory – NDP Leadership Prepares
Massive Water Exports
The Canadian political puppet show, apparently controlled from above, continues to move forward towards massive bulk water exports to the United States and Mexico with the election ofThomas Mulcair, (shown in photo on right) a historic supporter of bulk water exports as new leader of Canada’s left wing, socialist, New Democratic Party (NDP) and the introduction of the Canada’s first budget in over 20 years under a right wing majority Conservative Government by Canadian Finance Minister, James Flaherty (shown in photo on left). The budget contains little understood provisions that will assist the water export plans to move forward.
Canadians recall that American President, Ronald Regan, andCanadian Prime Minister, Brian Mulroney, attempted to open the floodgates of massive bulk water exports with the introduction the Canada US Free Trade Agreement in 1989 but those plan were thwarted by the political corruption in Canada, especially inOttawa and Victoria, BC, when a group of Canadian political insiders attempted to capture an illegal monopoly position so they could enrich themselves from a resource that belonged to allCanadians.
Click here to read the Grand Plan to Steal Canada’s Water
Hidden in the small print of Prime Minister Stephen Harper’s 2012 federal budget are measures that are intended to assist theGovernment of Canada keep its past agreements with theGovernmnent of the United States to export vast amounts of fresh water to both the United States and Mexico.
Firstly, the Conservative Government has shortened of the maximum length of time for an environmental review of a major project, from 48 months to a maximum of 24 months. This means that the various projects can be reviewed, approved, contracts signed and construction initiated and, in some cases completed, prior to the election of a new governemnt that might be opposed to the projects.
Secondly, the Harper government has ordered the Canada Revenue Agency to closely monitor environmental groups that accept money from foreign sources, such as the Sierra Club, that was used by foreign agents to obstruct the export of fresh water to the United States in 1991 by lobbying for a moratorium of water exports that was, in reality, created to assist inisders obtain a monopoly export position.
Click here to link to 2012 Conservative Budget
It is a well established fact that additional supplies of fresh water are critical to the long term survival of the United States economy and, incidentally, Canada’s economy, so America’s enemies have used Canadian environmentalists and their political stooges as part of their ongoing war against America and what is stands for.
Thomas Mulcair has been more blunt and is the only Canadianpolitician, since the late 1980’s in British Colubmia, to openly support managed water exports from Canada to the United States.
Mulcair’s position is based on reason and sound environmental principles. The opposition is based on anti-Americanism and anational delusion that water is Canada’s most prescious resouce when, clearly, Canada has an overabundance of water that caused massive annual flooding and flows into the ocean in massive quantities without any attempt to save it. Unlike gold, diamonds precious minerals, trees, and other resourses, raw water, fresh water, is freely available in Canada and has a negligible market value.
When politicians tell Canadians that water is Canada’s most prescious resource they are outright lying.
Due to its peculiar location and geography, water is the most plentiful renewable resource in Canada and, by any rational measure, water, or snow as it exists in Canada for 6+ months each year, should be the first resource that Canadians would decide to export instead of depleting mines, cutting down old growth forests, exterminiating its natural wildlife or draining its fossil fuel energy reserves.
Mulcair has to be careful because, traditionally, the NDP has been controlled by anti-American globalists and the party has opposed to helping our American neighbours but he does deserves credit for his honesty about water exporets in the past and it is expected he will lead his party in a new direction because theQuebec members of his caucus are not as anti- American as theEnglish speaking members who are, generally, controlled by theLondon based financial interests who have been manipulating Canadian politics and the Harper government through lies and deception.
Click here to link to Mulcair and Water Exports
Over the past several years, Canadian Prime Minister Stephen Harper, British Columbia’s disgraced and Ex-Premier, Gordon Campbell, now in hiding in London, England, and Canada’s other western Premiers, US President Barack Obama, California Ex-Governor, Arnold Schwarznegger and several western US Governors, along with the Queen Elizabeth and Prince Charles, have been, quietly and secretively, signing documents that will establish the legal and financial framework for the creation of a North American Water Supply System based largely on Canadian water.
Click here to read and Queen Elizabeth and water exports
The issues are extremely serious. Thirty (30) witnesses have died; many of whom suddenly and in circumstances that suggest they were murdered.
Click here to visit the Graveyard of the Guilty
The water issue will, without doubt, be part of the discussions at the Three Amigos Conference in Washington on April 2, 2012, when US President Barack Obama, Canadian Prime Minister Stephen Harper and Mexican President Felipe Claderon meet to discuss trilateral issues.
594 BANKER RESIGNATIONS
“Some big names on Wall Street are eager to step out of the spotlight after enduring years of financial-crisis turbulence and negative attention from politicians and protesters, said Peter Ressler, the chief executive of RMG Search.”
594 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS
I don’t mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors. Special thank to Gabriel at Facebook Global Mass Resignations for some resignations I did not find in my searches.
CEO = Chief Executive Officer
CFO = Chief Financial Officer
CIO = Chief Investment Officer also can be Chief Information Officer (head of IT)
COO = Chief Operating Officer
EVP = Executive Vice President
CRO = Chief Risk Officer
INC = Incorporated (can be private held or publically traded shares)
PLC = Public Limited Company (publicly traded shares can be listed or unlisted on stock market)
LTD = Limited Company (privately held)
LLC = American version of LTD, but can have a shareholder/member that is an INC, often hybrids of both
AG = German version of PLC
AB = Swedish version of PLC
SA = Society Anonymous in various latin languages – same as PLC
NV = Dutch version of PLC
BV = Dutch version of LTD
LP = Limited Partners (partnership with limited liability)
REIT = Real Estate Investment Trust
Click here to scroll to latest additions to list, then scroll up.
9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital.
9/08/11 (US OR)PremierWest chairman John Anhorn retires
9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jürgen Stark, who has resigned
9/09/11 (US OR) Chief investment officer for the Oregon State Treasury Ron Schmitz resigns.
9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resigns
9/12/11 (US PA) First Commonwealth Financial Corp, EVP strategic resources Thaddeus J. Clements resigns
9/13/11 (US MA) Eastern Bank wealth management head Carol McMullen resigned
9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirement
9/14/11 (NEW ZELAND) AMP NZ Office Limited (ANZO), Mark Verbiest has resigned as a director. His resignation arises due to his desire to devote the necessary time and energy to his prospective new role as Chairman of Telecom, assuming the Telecom demerger is sanctioned by Telecom shareholders.
9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resigns
9/16/11 (US FL) Atlantic Coast Bank President and Chief Operating Officer Robert Larison retires
9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy
9/19/11 (US MS) COO of Parkway Properties (REIT) William Flatt Resigns
9/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
9/20/11 (JAPAN) BLife Investment Corporation (Diawa House Asset Management) Director Masaomi Yamadaira resigns
9/20/11 (US HI) First Hawaiian Bank’s CEO Don Horner retires
9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resigned
9/23/11 (Singapore) Executive board director Rohit Bhagat has tendered his resignation to the board of BlackRock (Singapore) Limited and BlackRock Asset Management North Asia Limited.
9/23/11 (UK) UniCredit FX Global Head Nick Crawford Resigns
9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
9/25/11 (USA CA) American River Bankshares Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company http://goo.gl/24aAU
9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimerresigned.
9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resigns
9/30/11 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Ms Tang Buck Kiauresigned.
9/30/11 (ICELAND) Alternate board member of Iceland State Financial Investments Thórdís Bjarnadóttir resigns
10/01/11 (Iceland)Chairman of Glitnir Bank’s Resolution CommitteeÁrni Tómassonresigns
10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenigretired on Oct. 1, 2011
10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India.
10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEOAlbert Mmegwa resigned.
10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris.
10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
10/06/11 (US OR) CEO of CASCADE BANCORP Patricia Moss retires
10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaenewill give up his role on the board of Dexia’s Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday.
10/11/11 (UK) BlackRock, head of sterling portfolios and manager of the Corporate Bond fund, Paul Shuttleworth, has resigned after 11 years at the firm.
10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned.
10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons.
10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned.
10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned.
10/13/11 (US OR) MBank CEO Rex Brittle resigns
10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry’s Presidential campaign.
10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandezstepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co.
10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following “outside interference” with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the island’s industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12]
10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1.
10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
10/26/11 (US VA) The Federal Home Loan Mortgage Corporation, CEO Charles E. Haldeman will retire in 2012
10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer.
10/27/11(US WA) Pacific International Bank CEO Woosung “Edward” Park abruptly resigns
10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns.
11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names]
11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 – DEFACTO RESIGNATION)
11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November.
11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
11/04/11 (SWITZERLAND) Hyposwiss Private Bank Ltd., Director Hans Bodmerresigns from the Board
11/05/11 (IRELAND)Bank of Ireland announces board shake-up. Director of the BoardDenis Donovan resigns
11/05/11 (IRELAND)Bank of Ireland Des Crowley resigns
11/05/11 (IRELAND)Bank of Ireland non-executive director Paul Haran resigns
11/05/11 (IRELAND)Bank of Ireland non-executive director Heather Ann McSharryresigns
11/05/11 (IRELAND)Bank of Ireland non-executive director Dennis Holt resigns
11/06/11 (GREECE) Marfin Investment Group. Greek Banking Tycoon Andreas Vgenopoulos surprise resignation from his own firm.
11/07/11 (SINGAPORE) Singapore Mercantile Exchange (SMX), CEO Framroze Pochara quits.
11/07/11 (US MO) President Maurrice Sandfort retires from Bank of Missouri
11/07/11 (US MN) Bremer Bank President/CEO Gary Bigler retires
11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fund
11/09/11 (USA NY) HSBC Israeli desk, managing director Issac Doueck resigned.
11/09/11 (ISRAEL) HSBC Israeli desk, senior representative Simon Hakim resigned.
11/09/11 (SWITZERLAND) HSBC Israeli desk, head of Israel Dan Sagi resigned.
11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghiresigned from the European Central Bank’s Executive Board.
11/11/11 (HONG KONG) Goldman Sachs’ Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years
11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned
11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned.
11/15/11 (US NJ) GAIN Capital CFO Henry Lyons resigns
11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons.
11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning.
11/17/11 (INDIA) Nomura India’s investment banking head Nipun Goel resigns
11/17/11 (INDIA) Nomura India’s Capital market division head Indraneil Borkakoty resigns
11/17/11 (INDIA) Nomura India’s executive director Shubham Majumder resigns
11/18/11 (US WA) President and Chief Executive Officer of the Federal Home Loan Bank of Seattle Steven R. Horton retires
11/18/11 (US MD) Legendary mutual fund manager Bill Miller CIO of Legg Mason Capital Management and portfolio manager of LM Value Trust resigns
11/18/11 (ICELAND) Horn Invest hf., Director of the Board of Guðrún Ragnarsdóttirresigned
11/18/11 (ICELAND) CEO of Landsbankinn Steinthór Pálsson resigned from the Board of Horn Invest hf.
11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons.
11/19/11 (HK)CEO of Standard Chartered Bank (Hong Kong)Peter Wongsteps down
11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
11/22/11(US TX) SWS Group Executive Vice President Paul D. Vinton retires
11/23/11 (GERMANY) CEO of Clearstream Banking AG, Frankfurt Andreas Wolf resigns and leaves the boards of Clearstream International S.A., Luxembourg and Deutsche Börse Group
11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12
11/24/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Simon Vanstone resigns.
11/28/11 (LATVIA) Latvia’s chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuania’s Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lender’s balance sheet were missing.
11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
11/29/11 (NORWAY) Carnegie ASA’s co-head of investment banking in Norway, Cato Holmsen, has resigned
11/29/11 (FRANCE) AXA Real Estate Investment Managers, Global head of business development, strategy and research for Kiran Patel, has handed in his resignation. Patel was with the firm for 11 years.
11/29/11 (US MI)Chairman of Fentura’s State BankForrest Shooksteps down
11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas firedKazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the country’s third-biggest deposit bank.
11/31/11 (AUSTRALIA) Commonwealth Bank CEO Sir Ralph Norris Australia’s highest-paid banker, quits
12/01/11 (SRI LANKA) Sri Lanka’s Securities and Exchange Commission (SEC) headIndrani Sugathadasa resigned.
12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagement
12/03/11 (USA SC) South Carolina’s $25 billion pension fund chief investor Robert Borden resigned. Borden’s resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system.
12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns
12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires
12/06/11 (US NV ) Western Liberty Bancorp CFO George Rosenbaum has resigned.http://goo.gl/ozuwB
12/06/11 (US FL) SunTrust Banks Inc.’s Central Florida chairman Ray Sandhagen retires
12/07/12 (ITALY) CFO of Greater Rome Bank and CEO of Greater Rome Bancshares E. Grey Winstead III resigns
12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonenresigned.
12/08/11 (INDIA) Nomura’s co-head of equity-linked solutions Neeraj Hora, resigns
12/09/11 (FRANCE) Kléline, Executive board director Abdallah Hitti resigned. Kléline is an electronic banking arm of the Group BNP PARIBAS .
12/12/11 (PAPUA NEW GUINEA) Bank South Pacific (BSP) chairman Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries.
12/12/11 (PHILIPPINES) Former Development Bank of the Philippines (DBP) presidentRey David has resigned as board director of the Ongpin-led Philippine Bank of Communications (PBCom).
12/12/11 (US IN)One of Indiana’s best-known bankers, Alvin “Kit” Stolen, is stepping down as president of Salin Bank.
12/13/11 (US TX)Bank of America director D. Paul Jonesretires
12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the “Fund”), Portfolio Manager Paul David Austin Clark resigned
12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the year
12/14/11 (IRELAND) AfricanAlliance I’s portfolio manager Paul David Austin Clark resigns
12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns
12/16/11 (US WI)President of Westbury BankJim Podewilsresigns
12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEOGlenn Squires has resigned
12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years.
12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15
12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Bank’s Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group.
12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found.
12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned.
12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank’s firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him.
12/22/11 (Sweden) Nordea Bank’s Björn Savén retires from the Board of Directors
12/22/11 (Sweden)Nordea Bank’s Director of the BoardBjörn Savénretire of his own accord
12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quits
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits
12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving.
12/23/11 (US NV) Chief financial officer of Western Liberty Bancorp George Rosenbaum resigns
12/25/11 (Russia)Allianz’s Russian Fund-Management Unit CEOOleg MazurovResigned
12/28/11 (US IN) STAR Financial Bank’s Osborne “Oz” Morgan retires as Anderson resional president
12/28/11 (US MD) Chairman of First Mariner Bank Ed Hale retires
12/30/11 (Australia)Credit Suisse’s Head of Australian EquitiesJonathan GurnseyRetires
12/30/11 (SRI LANKA) Sri Lanka Commercial Bank’s director of the Board Mahendra Amarasuriya resigns
12/31/11 (US TX) Texas Capital Bank Houston Region chairman Jonathan Clarkson resigns
12/31/11 (PUERTO RICO) Popular, Inc. (Banco Popular) Michael Masin retires from the Board of Directors
12/31/11 (US CA) Wells Fargo Senior EVP Mark Oman retires
12/31/11 (US TX)Executive vice president of SWS Group Paul D. Vinton retires
12/31/11 (US OH) SVP of CSB Bancorp, Inc. and President and Chief Executive Officer of The Commercial and Savings Bank of Millersburg, Ohio Rick L. Ginther resigns
1/01/12 (US FL) OptimumBank Larry Willis left the board shortly after he was re-elected at the company shareholder meeting.
1/01/12 (SINGAPORE) Keppel’s group finance director Teo Soon Hoe resigns
1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maor steps down after 16 years
1/03/12 (GREECE) Marfin Popular Bank Public Co Ltd, Mr Eleftherios Hiliadakis has resigned from the Board of Directors.
1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.
1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. O’Neill has resigned.
1/06/12 (US) CEO of Security Federal Tim Simmons retires
1/06/12 (JAMAICA) Founding partner Mark Golding resigns from Proven Investments Ltd.
1/06/12 (JAMAICA) Chairman of Proven Wealth and Proven Investment’s management committee Peter Bunting resigns http://goo.gl/uOeY3
1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIBannounced retirement of
CEO Nofal Barbar from its London office.
1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of StaffWilliam M. Daley resigned
1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires.
1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors.
1/10/12 (LIECHTENSTIEN) LLB CEO and chairman Josef Fehr resigned .
1/10/12 (US DC) Fannie Mae (The Federal National Mortgage Association) Chief Executive Michael J. Williams resigns
1/10/12 (USA IN) Security Bank of Springfield, president and CEO Steve Cour has announced plans to retire at the end of June.
1/09/12 (UK) Northern Rock finance director Ann Godbehere quits a year after the bank is nationalisedis standing down to pursue other interests, it was announced yesterday.
1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons.
1/11/12 (SWITZERLAND) La Banque Privée Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company.
1/11/12 (UK)Most senior foreign exec at Japan’s Nomura Tarun Jotwaniquits
1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires
1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires
1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning
1/13/12 (USA DC) World Bank, Vice President for Africa, Oby Ezekwesili will retire from her position at the World Bank in May.
1/13/12 (ITALY) Banca Monte dei Paschi di Siena, CEO Antonio Vigniat one of Italy’s biggest and oldest banking groups ousted in top management overhaul
1/13/12 (Italy) Banca Monte dei Paschi di Siena, president Giuseppe Mussariat asked to leave
1/16/12 (UAE – DUBAI) Ajman Bank CEO Mubashar Khokhar resigns
1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager.
1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEODavid Conner retires.
1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah’s purview.
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned.
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned.
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Tarek Farid Al Othman resigned.
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Salem Ali Hassan Al Ali resigned.
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Majed Ali Oweid Awadh resigned.
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Badr Suliman Al Ahmed resigned.
1/18/12 (USA) Goldman Sachs co-heads of Goldman’s securities business David Hellerresigns.
1/18/12 (USA) Goldman Sachs co-heads of Goldman’s securities business Edward Eislerresigns.
1/18/12 (USA) Goldman Sachs co-head of its investment management division Ed Forstresigns.
1/18/12 (US NJ) Lakeland Bancorp and Lakeland Bank, Director of the Board Paul G. Viall, Jr. retires.
1/18/12 (SINGAPORE) Standard Chartered Bank’s global head of fixed income, Remy Klammersto resign
1/19/12 (UK) Santander, senior director Americas division Francisco Luzón is retiring with a pension pot of about €56m, a package whose generous size is expected to reignite controversy over bankers’ remuneration.
1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Alaa’ Sabaa resigned from board of directors.
1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Wael EL Mahgary resigned from board of directors.
1/19/12 (US OH) President and CEO of the Federal Home Loan Bank of Cincinnati David Hehman retires
1/20/12 (JAPAN) Normura’s head of wholesale banking Jasjit Bhattai quits
1/20/12 (SOUTH AFRICA) First National Bank’s sharia banking division is in a state of flux after it was hit by a corporate governance scandal in which its chief executive, Ebi Patel, was put on “special leave” for almost a month while an internal probe was conducted. Patel has been reinstated, but is facing disciplinary action. Islamic finance forbids the payment and receipt of interest (riba), and investment in some industries. Sharia law states that interest-bearing transactions result in economic ills such as unemployment and high inflation. Trading in derivatives and speculative investment are also forbidden. Sharia law requires all transactions to be backed by tangible assets.
1/20/12 (USA) TIAA-CREF executive vice president and president of Asset Management,Scott C. Evans resigned
1/20/12 (SOUTH AFRICA) South African deputy economic development ministerEnoch Godongwana quit his post this week in the face of growing outrage in government circles about his involvement in a company that allegedly defrauded clothing factory workers of R100-million of their pension fund money.
1/20/12 (US GA) Chairman of the Board Morris Downing retires from Colony Bankcorp, Inc.
1/21/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
1/21/12 (SINGAPORE) ANZ Asia’s private banking head Nina Aguas resigns as managing director of Asia-Pacific private banking.
1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min Kim Resigns
1/21/12 (US TX) City of Weslaco finance director Bret Mann; resigns
1/22/12 (KENYA) National Bank of Kenya’s (NBK) managing director, Mr Reuben Marambii, will resign before year end.
1/23/12 (SOUTH AFRICA) The South Africa Private Equity and Venture Capital Association (SAVCA) CEO JP Fourie resigned
1/23/12 (US OH) Ohio Legacy Corp. director of the Board Michael S. Steiner resigns
1/23/12 (US OH) Ohio Legacy Corp. director of the Board Heather Davis resigns
1/24/12 (IRELAND) Deutsche International Corporate Services Limited fund, Paul Shevlin resigned as a director
1/24/12 (US KS) Capitol Federal Financial, Inc., Director of the Board B. B. Andersen retires
1/24/12 (AUstralia) National Australia Bank currency strategist John Kyriakopoulos Resigns
1/24/12 (SWITZERLAND) Global Fund to Fight AIDS, Tuberculosis and Malaria, Dr. Michel Kazatchkine, a French clinical immunologist and head of the $22.6 billion fund has abruptly resigned, since revelations about corruption and misspending severely rattled some of its biggest donors. The resignation came on the eve of the World Economic Forum meeting in Davos, which played a role in its creation a decade ago. A dinner for the public-private fund is planned Thursday with U.N. Secretary-General Ban Ki-moon and major backers Bill Gates and the Bill & Melinda Gates Foundation. The shakeup resulted from an internal review to address problems highlighted in Associated Press stories last year about the loss of tens of millions of dollars in grant money because of mismanagement and alleged fraud. Its biggest private donor is the Bill & Melinda Gates Foundation, which has pledged $1.15 billion and provided it with $650 million so far.
1/25/12 (Papua New Guinea) Bank South Pacific (BSP) chairman Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries.
1/25/12 (UK) SOFIA PROPERTY FUND LIMITED, Gerry Williams has resigned as a Director, following his resignation from Ardel Holdings Limited (“Ardel”) where he was CEO. Ardel is the holding company of Ardel Fund Services Limited which provides administration services in Guernsey to the Company.
1/25/12 (Kazakhstan) Independent Director of Kazakhstan’s BTA Bank Konstantin Korishchenko resigns
1/25/12 (USA NY) Fortress Private Equity, CEO Daniel Madrid (aka Daniel Mudd)has resigned. Madrid was forced to leave in order to deal with SEC allegations. Prior to joining Fortress, Madrid served as Fannie Mae CEO and was forced to resign. SEC sued Madrid and former Freddie Mac CEO Richard West Long (aka Richard Syron) for hiding hundreds of billions of dollars in subprime loans. Madrid denied the SEC allegations saying the US govt. and investors were informed of Fannie Mae’s loan data.
http://goo.gl/u9IdB and http://goo.gl/v94ik and http://goo.gl/tXQwP
1/26/12 (US NJ)PHH Corp.’s director of the Board James Brinkley retires
1/27/12 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Mr Graham Sugdenresigned.
1/27/12 (SOUTH AFRICA) ABSA Group COO Alfie Naidoo would be leaving to pursue personal interests
1/27/12 (SOUTH AFRICA) ABSA Group chief marketing and communication officerHappy Ntshingila, will be taking up an “exciting position” outside banking
1/27/12 (SOUTH AFRICA) ABSA Group CEO Daphne Motsepe retires at the end of April after a 10-year career at the bank.
1/28/12 (US PA)S&T Bank’sBob Routresigns as Chief Financial Officer
1/29/12 (PORTUGAL) Banco Santander Totta SA executive chairman Nuno Manuel da Silva Amado has resigned
1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
1/29/12 (UAE) NBD, Emirates ‘s investment banking division CEO Suresh Kumar is leaving the bank
1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COOAndrew Graham steps down
1/30/12 (Malaysia) Dr Choong Tuck Yew has retired as director and chairman of OSK Investment Bank Bhd
1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthoodhttp://goo.gl/CoLVS
1/31/12 (Italy) Director and member of the Remuneration Committee Carlo Pesenti resigns from Unicredit
1/31/12 (IRELAND) The Director of Corporate Enforcement Paul Appleby has announced his retirement at the end of next month. Mr. Appleby has held the position for the past 10 years since the office was first established in 2001. He has led the ODCE investigation into Anglo Irish Bank which is almost complete.
The Director of Corporate Enforcement “pulls a stroke”. The Head of the Garda Investigation team looking into ‘events’ in Irish banking quits and accepts a job with a bank.
2/01/12 (US CT) President and CEO of the First National Bank of Suffield George W. Hermann resigns
2/01/12 (SYRIA) Arab Bank Syria Board member Basma Talal Zein resigns.
2/01/12 (SOUTH AFRICA) ABSA [Barclay’s Bank] deputy CEO Louis von Zeuner resigns
2/01/12 (UK) Lloyds Bankging Group head of wholesale Truett Tate quits
2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
2/01/12 (Japan)Credit Suisse’s Paul Kuosteps Down as Japan CEO http://goo.gl/1F2Xm
2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
2/02/12 (USA) American Perspective Bank, President and CEO Thomas J. Beeneresigned.
2/02/12 (USA) NIR Group hedge funds, Corey Ribotsky was forced out of NIR by Pricewaterhouse-Coopers, the court-appointed liquidator, following allegations of fraud by the Securities and Exchange Commission. In September, the SEC sued Ribotsky and NIR for taking more than $1 million of investors’ money to buy cars and watches.
2/02/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Nathalie Savey resigned.
2/02/12 (Canada) VP of account management and sales in State Street’s securities finance team in Canada Warren Maynard resigns
2/03/12 (UK) VinaCapital Vietnam Opportunity Fund Ltd, Non-Executive DirectorHorst Geicke has resigned.
2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss.
2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quit
2/05/12 (USA – NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
2/06/12 (USA NY) TD Ameritrade, head of retail distribution John Bunch resigns. Bunch is leaving to take the top job at a small investment advisory firmin Kansas City.
2/06/12 (CANADA) Director of Sprott Inc. Mark McCain resigns
2/07/12 (USA) Bank Of America’s Mortgage Business Chief Barbara Desoer Retires
2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
2/07/12 (UK) Agneash Soft Commodities PLC, an investment company in mineral, announced resignation of its Chief Investment Officer Tom Winnifrith .
2/07/12 (US NY) BlackRock, General counsel Robert P. Connolly leaves
2/08/12 (SOUTH AFRICA) Standard Bank Group Ltd – Resignation of Group SecretaryLoren Wulfsohn
2/08/12 (USA OH) Cleveland International Fund (CIF) private equity fund, A. Eddy Zailaunched and led the Cleveland International Fund, an investment outfit that pairs wealthy foreign investors hoping for U.S. residency with job-creating projects. Zai resigned from his job this week, before being indicted in a bank-fraud scheme that, according to investigators, contributed to the collapse of a credit union in Eastlake.
2/08/12 (UAE) Emirates NBD makes top-level changes Bank’s deputy chief executive officer Abdul Wahed Al Fahim has resigned.
2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 62 year oldMonsignor Emilio Messina, the Archdiocese of Camerino-San Severino Marche investigated on money laundering by Italian officials.
2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 49 year oldFather Don Salvatore Palumbo of the socially popular parish of San Gaetano
2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 37 year oldFather Horace Bonaccorsi of Catania, already tried and acquitted in Sicily for money laundering offenses recycling money through accounts at IOR
2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 85 year oldFather Don Evaldo Biasini of Rome. Father Don Evaldo Biasini is known as the “Don of Cash”.
2/09/12 (IRELAND) SPL Investment Funds’s director John Davey discharged
2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive DirectorMadam Yujiang Zhao resigned
2/09/12 (UK) Alliance Trust Savings (ATS), Robert Burgess is stepping down as CEO.
2/10/12 (NIGERIA) Peace Capital Market Limited Managing Director Sabinus Iroanya Chukwu resigns
2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
2/13/12 (UK) Goldman Sachs confirmed on Monday that George N. Mattson, one of the firm’s top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar.
2/13/12 (HONDURAS) Honduras finance minister William Chong Wong, resigned on Monday after the International Monetary Fund (IMF) said the country did not reach its deficit and monetary targets for 2011.
2/13/12 (US PA) AmerisourceBergen CFO Michael DiCandilo Abruptly Leaves.
2/13/12 (US NH) New Hampshire Thrift CEO Stephen Ensign retires
2/13/12 (US NC)SVP and regional executive for Bank of North CarolinaWilliam H. ‘Bill’ McMurray IIIretires
2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Razaresigned
2/14/12 (USA NY) Goldman Sachs Jeffrey Moslow resigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc.
2/14/12 (US MI) Fentura Financial Inc.’s Douglas Kelley resigns as CFO
2/14/12 (US NC) North Carolina Bank Commissioner Joseph A. Smith, Jr.Resigns
2/15/12 (SOUTH AFRICA) HPA – Hospitality Property Fund Limited, chairman Frank Berkeley resigned.
2/15/12 (USA) Boston Properties (REIT), Executive VP and COO E. Mitchell Norvilleto resigned
2/15/12 (CHINA) Morgan non-executive chairman Stanley Stephen Roach will be retiring.
2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
2/16/12(CHINA) Goldman Sachs Vice Chairman in Asia Pacific excluding Japan Mark Machin steps down
2/16/12 (USA IL) Deerfield Capital Management LLC, CEO Daniel Hattori and CEO of CIFC Corp resigned.
2/16/12 (USA IL) Deerfield Capital Management LLC, COO Luke Knecht and CEO of CIFC Corp, resigned both positions.
2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
2/16/12 (AUSTRALIA) Royal Bank of Scotland Austraila CEO Stephen Williams resigns
2/16/12 (Bermuda) Global Specialised Opportunities 1 Limited Fund’s Oliver Betz-Fletcher resigns from the Board of Directors
2/17/12 (SOUTH AFRICA) Coronation Fund Managers CEO Hugo Nelson is stepping down at age of 40.
2/17/12 (PAKISTAN) PICIC Asset Management Company Limited CFO Ahmed Razaresigns
2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summer
2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
2/17/12 (UK) Insight Investment, asset manager Mike Pinggera has resigned..
2/17/12 (USA NY) Harbinger Group Inc. CFO Francis T. McCarron has advised the Company of his resignation effective April 30
2/17/12 (BULGARIA) Bulgaria National Health Insurance Fund (NHIF), The managing director Neli Nesheva, resigned after a two-day row about end-of-year bonuses paid by NHIF to its employees.
2/17/12 (US OH) Chairman and CEO Doyle Lee of First Financial Bank retires
2/18/12 (PAKISTAN) The Bank of Azad Jammu and Kashmir executive Zulfiqar Abbasi resigns
2/18/12 (Norway) Terra to Close Equity Trading Desk’s CEO Stein Ole Larsen resigns After FSA Report
2/19/12 (MALTA) Bank of Valletta, director of the Multi-Manager Fund John C. Ripard, has resigned being reprimanded by the MFSA for disposing of his holdings in the Fund whilst in possession of sensitive information which was not available to the public.
2/20/12 (IRELAND) SPL Investment Funds’s director Mike Kirby resigns
2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
2/21/12 (Bangladesh) Social Islami Bank Limited’s Taslima Akter resigned from the board in compliance with the Insurance Act 2010.
2/22/12 (US CA) PIMCO, Chairman of the board Vernon Wright resigned from the world’s biggest bond fund.
2/22/12 (US CA) PIMCO board member Gregg Silver resigned from the world’s biggest bond fund.
2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
2/22/12 (SINGAPORE) Macquarie International Infrastructure Fund’s CEO John Stuart to resign
2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
2/22/12 (UK) UBS AG’s (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerland’s biggest bank after 25 years at the firm.
2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications.
2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
2/24/12 (GUERNSEY) Spearpoint Limited (SPL) Investment Funds, director Mike Kirby resigns for business reasons.
2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps down
2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
2/25/12 (DENMARK) European Investment Bank (EIB), Mr Sigmund Lubanski, of the Kingdom of Denmark tendered his resignation.
2/25/2012 (LUXEMBOURG) European Investment Bank, director of the Board Sigmund Lubanski resigns
2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
2/27/12 (BAHRAIN) – Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
2/27/12 (GERMANY) Equiduct chairman Artur Fischer steps down
2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns – Flees to Canada!
2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
2/27/12 (SINGAPORE) Standard Chartered Bank, global head of repo and collateralised financing Tanweer Khan resigned.
2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quits
2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.
2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walshresigns
2/28/12 (US IN) Regional chairman of PNC bank in Indy to retire Steve Stitle
2/29/12 (US KY)PNC Bank regional presidentHarry Richart IIIretires
2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, “We feel that (Winston) Brassington knows everything…A to Z about all the transactions,” said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee.
2/29/12 (US AR) Human resources and operations manage Wanda Tormey to retire from Decatur State Bank
2/29/12 (London) Bank of Tokyo’s EMEA Loan Syndicate Head Francesco Carobbi Said to Quit
3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
3/01/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government’s legislation on boosting competition.
3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lesterquits
3/01/12 (USA NY) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG’s third party asset management business, PineBridge still manages AIG assets
3/01/12 (SINGAPORE) UBS Singapore – James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.
3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
3/01/12 (ICELAND) Iceland’s Financial Supervisory Authority (FSA) fired its directorGunnar Andersen
3/01/12 (USA OR) Oregon Public Employees Retirement Fund (OPERF) senior RE officerBrad Child will retire
3/02/12 (USA NC) North Carolina Retirement Systems, Chief investment officer Shawn Wischmeier resigned.
3/02/12 (CHINA) China Construction Bank Corp, assistant general manager and head of corporate banking Mickey Mehta quits
3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpaiforced to resign
3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairman
3/02/12 (Canada) National Bank Announces the Retirement of Rejean Levesque
3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
3/03/12 (ETHIOPIA) Dashen Bank’s board dismisses president Leulseged Teferi
3/04/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quits
3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
3/05/12 (UK) Jupiter fund co-manager John Hamilton steps down
3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
3/05/12 (UK) Charterhouse partner Gordon Bonnyman is stepping down.
3/05/12 (UK) HgCapital, partner Lindsay Dibden is leaving after 20 years.
3/06/12 (FRANCE) Blackstone Group’s Paris office leader Jean-Michel Steg will step down
3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherlandhas resigned as Executive Director
3/06/12 (JAMAICA) Jamaica’s Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon.
3/06/12 USA CT) Wells Fargo & Co. said that Mackey McDonald, one of the last remaining directors from Wachovia is retiring.
3/06/12 (USA PA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries.
3/06/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resign
Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
3/06/12 (UK) Aberdeen Asset Management, non-executive director Gerhard Fusenighas resigned from the board.
3/07/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Risk Officer Hugo Baenzigeri to resign
3/07/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Operating Officer Hermann-Josef Lamberti to resign
3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announcedThomas Leaver will step down as CEO
3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service
3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.
3/07/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board
3/07/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board
3/07/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from board
3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns
3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading
3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month
3/07/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departs
3/07/12 (HAITI) FORMER DIRECTOR HAITI CENTRAL BANK SLAIN! ⑆44541444⑈
3/07/12 (FRANCE) Société Générale Private Banking, Daniel Truchi is to step down as head of Société Générale Private Banking
3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia’s largest ATM operator
3/07/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers’ Retirement System resigns
3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital’s tune
3/07/12 (US NH) Susan Goodwin to Retire from Meredith Village Savings Bank
3/07/12 (US TN) Dwight Grizzell Mountain National president and CEO, retires
3/08/12 (UK) Schroders, Chairman Michael Miles depart as fees, inflows drop. UK’s biggest fund management firm.
3/08/12 (USA NY) Schroders, CIO Alan Brown is steps down
3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probe
3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 years
3/08/12 (GERMANY) Clearstream Banking AG – Katja Rosenkranz To Leave Deutsche Börse Group [stockmarket]
3/08/12 (UK) B&CE CEO Brian Griffiths is to retire later this year
3/08/12 (UK) Invesco Trimark Ltd, portfolio manager Dana Love has resigned.
3/08/12 (ISRAEL) Bank of Israel Governor Stanley Fischer will hand in his shock resignation in the coming days and take up a new position as head of the Bank of Zambia. Finance Minister Yuval Steinitz is believed to be furious with Fischer’s decision. Treasury officials said he even canceled his participation in the office’s annual Purim party in order to convince Fischer to reverse his decision.
3/08/12 (SOUTH AFRICA) Standard Bank Group Limited (SBK), board member Sir Paul Judge retires.
3/08/12 (SOUTH AFRICA) Standard Bank Groupl Limited (SBK), board member Sir Sam Jonah retires.
3/08/12 (Germany) Managing director and European head of securities lending at Deutsche Bank Ben Sofoluwe has left the company
3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament.
3/09/12 (MONGOLIA) Asia Pacific Securities, General Manager Narantuguldur Saijrakh recently resigned, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund – the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally.
3/09/12 (Côte d’Ivoire) Banque Central des Etats d’Afrique de l’Ouest (BCEAO) The Ivorian governor of the multi-billion dollar West Africa Francophone bank, Philippe-Henry Dacoury-Tabley, resigned his post.
3/09/12 (UK) Lazard , co-head of investment banking Alexis de Rosnay quits. De Rosnay specialises in the healthcare sector, he has advised Teva Pharmaceutical and Novartis.
3/09/12 (UK) Deutsche Bank PWM, UK head of portfolio management Martyn Surguyresigned.
3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous, having also stepped down.
3/09/12 (HONG KONG) Bank of America Merrill Lynch, K.J. Kim, responsible for Southeast Asia, resigned
3/09/12 (HONG KONG) Bank of America Merrill Lynch, Jimmy Choi, who was in charge of high-yield debt, resigned.
3/09/12 (HONG KONG) Bank of America Merrill Lynch, Leonard Ng, a vice-president in Hong Kong resigned.
3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan plans to leave the bank.
3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns.
3/09/12 (US OH) MORPC leader Chester Jourdan resigns
3/09/12 (US OH) Park National Corp.’s chief financial officer John Kozak retires
3/10/12 (AUSTRALIA) WESTPAC, Rob Chapman opted to quit running its regional subsidiary St George Bank.
3/10/12 (TURKEY) Garanti Bank, The deputy CEO of Turkish lender Tolga Egemen, has decided to quit.
3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wenresigned.
3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director.
3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns
3/12/12 (USA CA) California’s Department of Financial Institutions, commissionerWilliam Haraf resigned. The DFI did not say why he is leaving.
3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits
3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April.
3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.
3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders.
3/12/12 (UK) Park Hill Group – Blackstone Group’s fundraising advisory arm, Managing Partner of private equity and hedge fund distribution Chris Leach resigns
3/12/12 (UK) Park Hill Group – Blackstone Group’s fundraising advisory arm, Managing Partner Justin Bower resigns
3/12/12 (UK) The chief executive David Rutter of the electronic broking business at interdealer broker Icap stepping down.
3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.
3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser
3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.
3/13/12 (USA) Eaton Vance Corp, Treasurer and CFO Robert J. Whelan has stepped down.
3/12/12 (USA IL) CBOE Holdings Inc. (CBOE), senior compliance executive Patrick Fayhas resigned. The options exchange being investigated by the Securities and Exchange Commission, Fay had been placed on leave after the SEC began investigating the options-market operator’s oversight of traders.
3/13/12 (USA) Mithras Investment Trust, chairman Mike Wooderson will step down
3/13/12 (USA) PHH Mortgage, President Luke Hayden resigned from to pursue what the company calls “other interests.” http://goo.gl/iaqQf
3/13/12 (USA) PHH Mortgage, Treasurer Mark Johnson.resigned
3/13/12 (AUSTRALIA) WESTPAC, head of corporate affairs after David Bell decided to step down from the role. Bell is the latest top executive to leave the bank.
3/13/12 (UK) Capula’s Systemic Trading Head Qiang Dai to Leave Fund
3/13/12 (UAE) National Bank of Abu Dhabi, CEO Michael Tomalin, will retire from the post in a few months.
3/13/12 (ISRAEL) Osem Investments Ltd, CEO Gazi Kaplan has tendered his resignation, effective April 2, citing heath reasons. Nestlé SA owns 58.8% of Osem.
3/13/12 (USA) Paulson & Co.’s, partner and head of the global bank team Robert Lacoursiere has quit to form his own hedge fund
3/13/12 (AUSTRALIA) ASX Ltd, Chairman David Gonski will step down from his role at Australia’s main stock market operator after being appointed to oversee almost A$90 billion ($95 billion) in the nation’s sovereign-wealth funds.
3/13/12 (UK) JP Morgan, Asset Management European chief Jamie Broderick is to step down more than 20 years at the firm.
3/13/12 (UK) SVG Chairman Nicholas Ferguson retires.
3/13/12 (UK) SVG Director Edgar Koning retires.
3/13/12 (UK) SVG Director Denis Raeburn retires.
3/13/12 (UK) SVG Director Francis Finlay retires.
3/13/12 (UK) Nomura’s Kieran Higgins co-head of fixed income for Europe, the Middle East and Africa sacked
3/13/12 (UK) Nomura Holdings Inc. (8604), Japan’s biggest securities firm, will cut about 30 managers in its fixed income unit based in London, Peter Hornick head of fixed income sales for the Americas sacked
3/14/12 (UK) Global head of financial institutions strategic financing and solutions at Royal Bank of Scotland Antonion Polverino leaves
3/14/12 (UK) Goldmand Sachs, executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today.
3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retire
3/14/12 (UK) WorldSpreads, CEO Conor Foley resigns
3/15/12 (US WA) HomeStreet Bank, EVP and CFO David Hooston resigns
3/15/12 (DENMARK) Sparekassen Faaborg board member Steen Grønved Nielsen resigns
3/15/12 (UK) RBC Capital Markets head of SSA syndicate desk Noel Williams resigns
3/15/12 (UK) Novia London sales manager Dave Chassell quits
3/15/12 (US CA) Prosper Finance (online venture captial services) CEO Chris Larsen steps down
3/15/12 (UK) The Royal British Legion’s (fund) director of corp. communications Stuart Gendall resigns
3/15/12 (IRELAND) President of Sinn Fein USA (fund) Larry Downes steps down
3/16/12 (AUSTRALIA) Investorfirst CFO and company secretary Ariel Sivikofsky resigns
3/16/12 (MALAYSIA) Amanah Raya Bhd (trust) managing director Datuk Ahmad Rodzi Pawanteh steps down
3/16/12 (UK) Towry (investment & fin. advice) Non-exec chairman Glyn Jones steps down
3/16/12 (GERMANY) Deutsche Bank Chief risk officer (CRO)of Hugo Bänziger steps down
3/16/12 (US IL) Henderson Global Investors Inc. head of the International Opportunities Fund Iain Clark steps down
3/16/12 (US CA) Executive VP and Chief Compliance Officer of Heritage Bank of Commerce Margaret Incandela resigns
3/16/12 (US VA) Genworth Financial board member J. Robert Kerrey resigns to campaign for senate seat
3/16/12 (UK) CEO of the FSA (Financial Services Authority) Hector Sants to leave
3/19/12 (US IA) ISU Foundation (fund), President and CEO of the Dan Saftig to step down
3/19/12 (BRAZIL) HSBC Brazil CEO Conrado Engel steps down
3/19/12 (UAE) Finance head at SNR Denton Islamic Sheikh Muddassir Siddiqui resignsto pursue advisory role
3/19/12 (SWITZERLAND) Julius Baer bank’s chairman Raymond Baer steps down in a “surprise departure”
3/19/12 (GERMANY) Deutsche Bank, asset management chief Kevin Parker to leave executive committee
3/19/12 (GERMANY) Deutsche Bank, head of private wealth management Pierre de Weck resigns from executive committee
3/19/12 (HONG KONG) China Development Bank HK branch CEO Di Weiping retires
3/19/12 (US ID) SunTrust Bank president and CEO Thomas Rueger to retire
3/19/12 (SWEDEN) AP6 (private equity) CEO Marianne Dicander Alexandersson steps down
3/19/12 (SWITZERLAND) FINMA (Swiss Financial Market Supervisory Authority) Vice-chair Monica Mächler to step down
3/19/2012 (US DE) David Folkwein, interim president and chief executive officer of Delaware County Bank, is leaving the position effective June 22
3/19/12 (Greece) Greek finance minister Venizelos resigns to head Socialist party
3/19/12 (BRAZIL) HSBC Brazil Chief Executive Conrado Engel Steps Down
3/16/12 (Cyprus) Cyprus Finance Minister Kikis Orcel resigns in spite of president’s plea to stay
3/20/12 (KUWAIT) National Investments Co. chairman Yousef Al Majid resigns
3/20/12 (UK) Bank of America, Co-head of distressed debt at Michael Guy resigns
3/20/12 (US PA) Penseco Financial Services Corp, Former state senator Robert J. Mellow resigns from board
3/20/12 (US TX) Acquisition chief Dan Magder quits Lone Star Investments
3/20/12 (NIGERIA) Chairman of House Committee on Capital Markets Hon. Herman Hembe resigns due to allegations of bribery
3/20/12 (Hong Kong) Head of Deutsche Bank Asia-Pac Loh Boon Chye quits
3/20/12 (US NY) Deutsche Bank, head of asset management Kevin Parker steps down from executive committee
3/20/12 (GERMANY) Deutsche Bank, Chairman and CEO Josef Ackermann exits with pension of €18.7 million
3/20/12 (UK) Coller Capital, CEO Charles Hippsley has left to help lead a Christian organisation in London.
3/21/12 (GERMANY) Deutsche Bank AG, Co-head Wolfgang Hammes leaves
3/21/12 (UK) Aviva Investor’s European equity head John Botham exits
3/21/12 (CANADA) National Bank’s Ontaria, Atlantic region manager Mike Miller leaves
3/21/12 (UK) Royal Bank of Scotland Group’s global head of equity prime services Gregory Wagner resigns
3/21/12 (US DC) Liquidity Services Inc, Chief information officer Eric Dean resigns
3/21/12 (US NC) Bank of America Corp.’s salesman Michael Miller resigns
3/21/12 (US NC) Bank of America Corp.’s salesman John Livingstone resigns
3/21/12 (US NC) Bank of America Corp.’s Michael Case, a director of commercial mortgage security banking, resigns
3/21/12 (US NC) Bank of America Corp.’s John Eck, a managing director of asset-based trading, resigns
3/21/12 (US NC) Bank of America Corp.’s Seth Jacker, a managing director of mortgage sales, resigns
3/21/12 (US NC) Bank of America Corp.’s John McNiff, a managing director who served as co-head of trading in commercial mortgage securities, resigns
3/21/12 (US NY) JP Morgan’s adjustable-rate mortgages trader Roy Kim resigns
3/21/12 (US NY) JP Morgan’s securitized-products salesman John Angelica resigns
3/21/12 (US NY) JP Morgan’s co-head of trading in subprime mortgages Raphael Gonzalez resigns
3/21/12 (US TN) Chief financial officer for First Security Group, parent of FSGBank, William L. “Chip” Lusk Jr. Leaves. http://goo.gl/fNEg2
3/22/12 (UK) Global equity head Neil Rogan resigns from Henderson Global Investors
3/22/12 (NETHERLANDS) CIO at Nedlloyd Pension Fund Bert Tibben step down
3/22/12 (UK) Bank of America Corp, chairman of global banking and markets, Andrea Orcel steps down, goes to UBS
3/22/12 (UK) Bank of America Corp, Jonathan Moulds steps down, helped build the bank’s over-the-counter derivatives trading business and held positions including global head of rate derivatives trading, head of global derivatives and head of global rates and commodities.
3/22/12 (CHINA) China Construction Bank, Zhang Enzhao resigns in the wake of bribery and corruption accusations Bank.
3/22/12 (SWITZERLAND) Lombard Odier Investment Managers, Chief Investment officer for equities Aziz Nahas of , the asset management arm of the Swiss private bank resigns.
3/23/12 (SWITZERLAND) Credit Suisse, Peter Weibel will be resigning from the Board of Directors of both Credit Suisse Group AG and Credit Suisse AG as of the next Annual General Meeting on April 27, 2012.
3/23/12 (JAPAN) The head of Asia-Pacific at UBS Global Asset Management Christof Kutscher steps down
3/25/12 (EGYPT) National Bank of Egypt, CEO Tarek Amer said that he will step down from his position at the end of 2012.
3/26/12 (HONG KONG) JP Morgan’s most senior banker in Asia-Pacific, Gaby Abdelnour, will quit this summer to pursue personal interests
3/27/12 (ITALY) UniCredit SpA, Dieter Rampl to resign as chairman of the Italian bank, saying he would step down on April 19. Rampl will represent the bank on the board of Mediobanca (MB.MI), a smaller Italian bank in which UniCredit has a stake.
3/28/12 (RUSSIA) Bank of America sales director, George Kogan, who worked in Moscow leaves firm.
3/28/12 (RUSSIA) Bank of America, Dir. of equity sales trading, Ekaterina Myasinawho worked in Moscow leaves firm.
3/28/12 (RUSSIA) Bank of America Sales Traders Alexander Orekhov who worked in Moscow left the firm.
3/28/12 (ZIMBABWE) CBZ Holdings, CEO Nyasha Makuvise has stepped down after serving for 16 years.
3/29/12 (SRI LANKA) Seylan Bank, Eastman Narangoda steps down.
3/29/12 (USA CT) Union Savings Bank CEO Jay C. Lent abruptly resigned Thursday, saying his “his heart is no longer into managing the Danbury lender”. Lent, who took a three month leave of absence in October, cited personal reasons for his departure after spending 11 years at the bank.
3/30/12 (INDIA) IDBI Bank has announced that Mr Rakesh Singh, a director, has resigned from the bank’s board. This follows his appointment as Chief Secretary of Punjab. Mr Singh, who was additional Secretary in the Department of Financial Services, was a Government nominee in IDBI Bank’s board. He took charge as Chief Secretary of Punjab on March 26.
3/30/12 (UK) Bank of America Merrill Lynch, President of European business,Jonathan Moulds, is set to step down to pursue philanthropic activities, after almost two decades at the bank.
3/31/12 (HONG KONG) Credit Suisse Hong Kong Private Bank Location Head, James Hong, Steps Down
4/02/12 (UK) Royal Bank of Scotland, Simon Taylor, head of equities sales trading at Royal Bank of Scotland, has left the to rejoin JP Morgan after four years.
4/02/12 (AUSTRIA) RZB, CEO Walter Rothensteiner resigned two years before the expiration of his term in office.
4/02/12 (UK) British Bankers’ Association (BBA), CEO Angela Knight, to step down as CEO in the summer. The BBA is a century-old lobby group that oversees the London interbank offered rate (LIBOR).
4/02/12 (UK) J.P. Morgan Cazenove, One of London’s most prominent bankers was fined 450,000 pounds for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by regulators to target high-profile figures. Top “rainmaker” Ian Hannam resigned on Tuesday, to fight the fine imposed by the Financial Services Authority (FSA) in relation to 2008 emails that contained information about one of his clients, Heritage Oil. The gruff former special forces soldier, who rose from humble beginnings, is the fifth person to be fined in relation to improper disclosure this year by the regulator, which has previously been accused of being ineffectual in its fight against financial crime. Of the five, Hannam is the most prominent.
4/02/12 (NETHERLANDS) Rabobank Group Kees Beuving will step down as Chairman of the current Board of Management of Friesland Bank. He is making way for new members of the Board of Management.
4/02/12 (NETHERLANDS) Rabobank Group Anne Vlaskamp has stated that, after 37 years of service at the bank, he sees this as a natural moment to step down and to give the new Board of Management the space to guide the integration.
4/02/12 (JAPAN) UBS AG, chief equity strategist Shoji Hirakawa has left the firm
4/02/12 (JAPAN) UBS AG, Fumihide Goto, an analyst covering makers of electronic parts has left the firm
4/02/12 (JAPAN) UBS AG, Shinsuke Iwasa, who covered media stocks has left the firm.
4/02/12 (JAPAN) UBS AG, Aya Fujiki, an insurance company analyst, has also left the company
4/03/12 (CHILE AND PERU) Deutsche Bank, Chairman for Chile and Peru, José Miguel Alcalde, has resigned after almost twelve years at the institution by his desire to spend more time with his family.
4/03/12 (INDIA) Avigo Capital Partners buyout specialist Girija Tripathy Quits, To Start Own Fund
4/03/12 (INDIA) BSE Ltd, Madhu Kannan quits to join Tata Sons. Kannan was instrumental in launching currency derivatives, SME Exchange and derivatives of four global indices trading on the exchange platform.
4/03/12 (CYPRUS) Bank of Cyprus PLC, Christakis Christofides has resigned as a director effectove March 31, 2012.
4/04/12 (USA NY) Shearman & Sterling senior partner Rohan Weerasinghe has left the US firm to take up a new role at Citi.
Weerasinghe will take up his new position as general counsel and company secretary at the Wall Street investment bank.
4/05/12 (USA NY) Brian Sack to Resign from New York Federal Reserve Bank
http://goo.gl/E8RCo see also http://americankabuki.blogspot.com/2012/04/ny-federal-reserve-markets-group-chief.html
4/05/12 (UK) HSBC Holdings Plc (HSBA), Europe’s largest bank, said commercial banking chief Sandy Flockhart will step down after 37 years at the company.
4/05/12 (EGYPT) Credit Agricole Egypt bank, Mohamed Lotfy Mansour resigned from his post as the CEO of the bank. Family members of two Mubarak-era ministers have left their posts on the board of Credit Agricole Egypt bank, state-run news agency MENA reported Tuesday. The Maghrabi and Mansour families together own 17 percent of the Cairo bank’s total capital of LE1.14 billion. Last year, an Egyptian court sentenced Maghrabi to five years in prison on charges of profiteering and abusing public funds.
4/05/12 (EGYPT) Credit Agricole Egypt bank, Yaseen Mansour resigned as a board member. For details see Mohamed Lotf Mansour above.
4/05/12 (EGYPT) Credit Agricole Egypt bank, Youssef Mansour resigned as a board member. For details see Mohamed Lotf Mansour above.
4/06/12 (UAE – DUBAI) Deutsche Bank: MENA, Henry Azzam, the chairman of its Middle East and North Africa operations and one of the region’s most senior bankers, has stepped down.
4/06/12 (UAE – DUBAI) Shuaa Capital CEO Michael Philipp has stepped down
4/07/12 (MALTA) Fimbank director directors Gérard Lohier resigns
4/07/12 (MALTA) Fimbank director directors Pierre-Olivier Fragnière resigns
4/09/12 (USA FL) Florida Bank Chief credit officer Thomas Croom resigned as EVP and chief credit officer of Florida Bank. Croom resigned to pursue other employment opportunities.
4/09/12 (USA NY) Pioneer Bank CEO Eileen Bagnoli to retire after 40 years.
4/09/12 (UK) HSBC Holdings plc, Sandy Flockhart is retiring as an executive director
4/10/12 (USA PA) The Federal Reserve ordered Louis A. DeNaples to step down from his position as chairman of the board of First National Community Bancorp of Dunmore, Pa., following a settlement he reached with prosecutors following perjury charges. DeNaples must also submit a plan for selling his controlling stakes in First National and another bank.
4/10/12 (POLAND) Bank Millennium SA, CEO Boguslaw Kott, will leave the bank’s top job by June 2013 after heading the lender since 1989, Millennium said Tuesday. Millennium’s troubled owner, Banco Comercial Portugues S/A (BCP.LB), had put its Polish unit up for sale last year because of a heavy debt load, but dropped the plan after restructuring its balance sheet.
4/10/12 (USA NY) Goldman Sachs, co-head of global M&A Yoel Zaoui is stepping down. Zaoui has been with G.S., for 25 years.
4/13/12 (GERMANY) Deutsche Bank economist Thomas Mayer to step down.
4/13/12 (USA) Bank of America chief information officer Marc Gordon has quit and embarking on a “personal change in direction” says a statement given to Reuters.
4/13/12 (USA) Barclays Bank, US wealth unit COO Ian Lowitt to depart
4/15/12 (JAPAN) Japan Bank for International Cooperation, Hiroshi Okuda, governor of the Japan Bank for International Cooperation, has stepped down as an adviser to Toyota Motor Corp after becoming the bank’s head as of April 1. Okuda no longer holds a position at the major automaker after the government-owned bank said it was undesirable for Okuda to keep titles at a private company while serving as the bank’s head.
█▓▒░ End of list as of 4/14/12 ░▒▓█
It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of high significance. No one should assume I make any judgement about the character of these people. I frankly don’t know their reputations except for a few rather famous ones.
This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).
Friday, March 30, 2012
Discussion on MASS ARRESTS and GLOBAL SETTLEMENTS
UPDATE 2:59 PM — INTERVIEW WITH TOP INSIDER ABOUT IMMINENT MASS ARRESTS
I am on the plane to this weekend’s conference in Austin. You are about to hear a stunning interview with Drake, an insider specifically asked by the Pentagon “good guys” to come forward and explain what is going to be done.
I was blown away by the information he was giving. If you didn’t already believe this was really going to happen, this may very well change your mind.
I ran Drake through an extensive validation process with one of my top insiders and he passed with flying colors. He is the real deal.
We have an urgent-status rush transcription order for our Divine Cosmos Transcription Team on this, and will get it posted ASAP.
These are ZIP files. All you have to do is download them, open them and tell them where you want your MP3 to go. It’s that simple — just like our downloadable products. Here they are:
These MP3 files will load into ALL standard MP3 players and also into iTunes. However, iTunes has had some issues with MP3 files lately.
If you try to load these files into iTunes and it crashes, you need to update your iTunes. The current iTunes version 10.6.1 fixes most of these bugs.
Please update your iTunes to load them into your iPhone, iPod, or iPad in order to listen to these files on those devices.
Part 1a [Introduction to Drake] – 30min
Part 1b [Explanation of the Process ongoing and legalities] – 30min
Part 2a [Why the Military will be here, how they will be assisting; the plan] – 30min
Part 2b [Preparations each individual may take prior to the arrests process] – 30min
Part 3a [History and operations outside of US] – 30min
Part 3b [Summary of what will happen; latest news] – 30min
Written by David WilcockWednesday, 28 March 2012 18:18
Massive, unprecedented ET interventions are completely disrupting any and all plans to start World War III, according to multiple whistleblowers. This and other fascinating developments suggest that 2012 may live up to many prophets’ expectations.
[PLEASE NOTE: This investigation is undergoing dynamic updates, including new sections that will be uploaded as time permits. For this reason, please LINK to it and pull excerpts, but do not COPY and REPOST it, as it will be constantly changing. Thanks!]
NEGATIVE FORCES ARE REAL — AND SO IS THE RESISTANCE
Whether we like it or not, everyone is now being confronted with evidence that the world is being controlled by powerful, occult, negative forces behind the scenes.
In my full-length e-book entitled Financial Tyranny, I shared everything I have gathered on this controversial subject — since I first found out about it in 1992.
If you have already read Financial Tyranny, the full scope of the problem we now face will be much more apparent as you enter into this investigation. Some of it will become clear as you read this first section.
This is the sequel to Financial Tyranny — where we talk about the “good side”.
Multiple insider sources, each of whom have been “vetted out” for their credibility and trustworthiness, have now confirmed that mass arrests of thousands of key conspirators in this vast cabal are about to occur.
A highly secretive, highly coordinated operation — working for the good of humanity — is about to make its move.
The Pentagon “good guys” are now in full political and logistical cooperation with a remarkable 134-nation alliance — to bring the perpetrators to justice and free our planet.
The security around this enormous operation has been vast. Even those who will be affected by it — and arrested — have no idea of the staggering scope of what is about to be revealed before the eyes of the public.
Very recently I had four hours of verbal discussion with a new, public, high-level whistleblower regarding these imminent mass arrests.
We are set to record an interview at 6PM Pacific time for public release on this website — within hours of when this first section should be posted. I will post-produce and release this interview as soon as possible.
I fully confirmed this man’s bonafides and his testimony with one of my top insiders, who I brought into the discussion.
Dozens of specific points, not available in any public form, were authenticated in this vetting-out process.
22 TRUCKLOADS’ WORTH OF DOCUMENTS
We now know that the plan for mass arrests has been very actively in the works for at least 33 years. A five-inch thick briefing document was presented to our new contact in 1979 that outlined the whole plan.
A staggering wealth of irrefutable evidence is backing this plan, including over 22 eighteen-wheeler truckloads’ worth of documents that have long since been scanned and secured in multiple locations.
We were told that one single file-box of documents like this was strong enough to bring down the former Italian government, as you see here:
Prosecutors demand 5-year sentence for Berlusconi over witness tampering
Prosecutors have demanded a five-year prison sentence for former Italian Premier Silvio Berlusconi in his trial on corruption charges.
Prosecutor Fabio De Pasquale asked the court on Wednesday to find the former PM guilty of having paid a British lawyer $600,000 to lie in other trials.
Those proceedings involve charges of tax evasion and false accounting during Berlusconi’s business career.
Other cases pending against him in the Milan courts include a trial on charges of having paid for sex with an underage prostitute. Berlusconi stepped down as the Premier in November last year.
EVERY EFFORT WILL BE MADE TO REASSURE AND PROTECT THE PUBLIC
The people who are about to do this are well aware of every concern you have — as an informed reader of truth websites and materials.
Martial law will NOT be declared when this happens.
The military will NOT take control of the government.
Innocent civilians will NOT be imprisoned or harmed in any way.
Any troops who attempt to carry out unlawful orders of this sort, on behalf of the “bad guys,” will be outnumbered and resisted.
Every effort will be made to focus on eliminating the problem — and immediately returning the power to the people in an orderly fashion.
New elections will need to be organized, considering that many, if not most politicians in the United States could be found culpable — either directly or through failure to have taken action.
This alliance intends to break out free energy and many other technologies that were stolen from us. The fossil fuel economy ensured that occult global control and the systematic killing of our planet would continue.
THEY DIDN’T PLEDGE THEIR LIVES FOR THE COMFORT OF BANKERS
We now know that 90 percent of the US military are aware of this plan in some form — and at least 60 percent are in support of it. Many more federal marshals, police, active and retired military, and civilians will help out once they realize what is happening.
Our warriors pledged their lives to protect us. The world is not in a cartoon war between “good” and “evil”, with everyone in government, corporations, media and military on the “dark” side.
Our brave and valiant soldiers have taken an oath: To protect the Constitution of the United States, and its people, against all enemies — foreign AND domestic.
They did not pledge their lives — their blood — to keep a handful of sociopathic, genocidal bankers in control of the planet, its people and its resources.
We all have to live here. And if your superiors are systematically killing the planet, they are not superior.
They are similar to a massive infection that must be treated with powerful antibiotics — before it destroys the host.
Everyone has seen enough Illuminati movies by now to know that if you work for these people, no matter how high up or important you think you may be, they will undoubtedly betray you.
IT’S TIME TO READ THE TEA LEAVES
Many, many top generals left active duty, since Bush I, because they realized what was happening — but they certainly did not retire.
We all owe them a significant debt of gratitude.
Everything is now coming to a head — very rapidly.
The signs may be mysterious, but they are increasingly obvious.
We will review some of them in this investigation.
IT MAY SEEM DIFFICULT TO BELIEVE
I do understand the difficulty of believing that such a massive, coordinated maneuver would even be possible.
If you speak to real military people, and truly understand the role they chose to fulfill, the bigger question is: “How could they NOT do something like this?”
How could they stand by and do nothing while the entire planet itself — and all life on it — is being destroyed?
If a mother and child are being tortured to death in front of you, and you have the means to stop it, would you just stand there and watch?
Unless you are a sociopath, you would do something. And most people — including our military personnel — are not sociopaths. That number is only estimated to be 1 in 100 people, as we will see later on.
IT WOULDN’T HAVE BEEN POSSIBLE IN A STRICTLY ‘CLOSED’ SYSTEM
Nonetheless, the scope of the negative side is so vast that it seemed impossible to be defeated — or even resisted.
If our planet was a strictly ‘closed’ system with no outside players and no higher spiritual forces involved, I would definitely have to agree that this plan is so well-thought out, so massive, systemic and vast that it would be nearly impossible to defeat.
However, Divine Intervention — not a fantasy, but very real and very tangible assistance — is insuring that our movement into true freedom and peace will occur… with the absolute minimum amount of damage possible.
Dozens of ancient cultures featured the same prophecies about the times we are now in. These prophecies all directed our attention to a 26,000-year cycle in the Earth’s axis as being the key issue to study.
As I revealed in The Source Field Investigations, the Mayan Calendar, Egyptian astronomy, Greek astronomy and Hindu astronomy all triangulated on the period of 2012-2014 as the end of the cycle — ushering in a Golden Age of peace and prosperity.
[Technically, the Hindus are the only ones to have mentioned 2014, by tying it to a rare conjunction involving Jupiter.]
The oldest, original prophecies were not doom and gloom oriented at all. They indicated that although we would go through difficulties, like we’ve already been seeing, the end results would be extremely positive.
EVERYONE IN THE PENTAGON IS NOW AWARE OF IT
Top insiders have now confirmed that everyone in the Pentagon is now aware that some form of Divine Intervention is happening — regardless of what side they are on.
Most of them do not know who is responsible. Even the “bad guys” are now saying it could be “Angels or Aliens” doing this stuff.
No one on Earth has the technology to do the things they are now seeing — regardless of how classified that technology may be.
It is utterly astonishing that even the “bad guys” are now acknowledging this may be an angelic intervention.
Very few people have dared to break ranks and reveal what is happening, as this information is considered very highly classified.
They know that speaking out could get them, and their families, tortured and killed.
I have decided to personally take the risks involved in order to help alleviate fear — and help you understand what is happening.
WE HAVE NEVER BEEN ABANDONED
Divine Intervention is very real.
You may be surprised to discover how extensive the intervention has now become — and how far back in time the trail of evidence goes.
The forces behind the great religions of the world are not mythological. They are not historical artifacts buried away in scrolls and texts fewer and fewer people bother to read.
They’ve been here all along. They have openly walked among us in every ancient culture — and were highly revered.
They have their own rules, their own governing bodies, and their own code of ethics.
They have avoided appearing in any obvious, worldwide, public fashion for well over 1000 years now.
Nonetheless, they have been thoroughly involved this entire time — guiding and steering our evolution.
This critical step allowed us to become “modern”, and to give us the opportunity to forget that they ever really existed — even as they continued to guide our development, behind the scenes.
And now — very recently — the rules have changed… and they are being permitted to do much, much more to help the Earth and its people evolve into a higher state of consciousness.
A BRIEF OVERVIEW OF THE INVESTIGATION
You can’t fully understand the truth if you are still living in denial.
Some of the strongest denial is from people who still believe that the “bad guys” are winning — and are unwilling or unable to see the obvious signs of how the whole house of cards is coming down.
For that same reason, in the first section of this investigation, we will go through a variety of pieces of current-day evidence — showing how Financial Tyranny is already very, very close to collapsing.
One of the most shocking pieces of evidence is a very public divorce between warring Illuminati factions — namely JP Morgan/Federal Reserve versus the occult powers that have secretly occupied and seized control of the Vatican.
After reviewing many of these types of current examples, we will then debut brand-new whistleblower testimony — suggesting 9/11 was indeed an “inside job.”
This adds valuable context to our discussion of Financial Tyranny — and gives even more evidence that the official story was a complete fabrication.
We will also explore the shocking evidence that a 7.4 earthquake on March 20th in Mexico was man-made — for a nefarious purpose, by a group that knows it has run out of time.
SECTIONS II AND III WILL CONSIDERABLY EXPAND THE INVESTIGATION
In Section II, we will explore the mysteries, shared by insiders at great personal risk, revealing how Divine Intervention is occurring — to prevent World War III and defeat Financial Tyranny.
Some of this material has already been distributed online. However, I will be featuring many other fascinating data points that have remained highly classified and unavailable to the public up until now.
Then as we head into Section III, we will open up the vault, so to speak — and explore an astonishing wealth of data that helps explain who is performing these increasingly bizarre interventions — and why.
This stunning body of information has been available to us all along — and has been almost completely overlooked.
Most of the pages I gathered this data from still have less than 50 hits — as of today’s date.
Section III will add incredible context to everything we’ve discussed up until then… and you won’t want to miss it. I myself didn’t realize what we really had until I went back and did the “homework.”
Some of this new data came in the form of highly clever time-encoded prophecies that could not be fully understood and appreciated until the actual dates took place.
As it turns out, the date of March 13th, 2012 was given, years in advance, as a pivotal moment in the defeat of the Old World Order. This was all documented — and can easily be verified.
I was stunned to discover this data, for the first time, on March 11, 2012. I would have loved to have been fast enough to get it posted the next day, but this investigation could not be rushed.
March 13th was also when the ancient cycles of the Mayan Calendar went into full lock-step synchronization — regardless of which of three counting systems you use.
These cycles will now remain harmonized — right straight through until the Calendar’s conclusion on December 21, 2012.
Of course, perma-skeptics will immediately get a satisfying laugh from this — and that’s fine — but in The Source Field Investigations, chapter 16, page 337-358, I proved that the Mayan Calendar cycles are all neatly tied in with planetary and celestial movements.
There is solid scientific data for how planetary movements affect human behavior and emotions, which I am incorporating into my new book, The Synchronicity Key, due out this fall.
BREATHTAKING REAL-WORLD CORRELATION TO THE PROPHECY
A very interesting real-world correlation occurred around the prophetic March 13th date.
The very next day after this cycle synchronization occurred — March 14th, 2012 — a top Goldman Sachs official blew the whistle on Financial Tyranny… triggering an avalanche that has only just begun.
Goldman Sachs is one of the main Federal Reserve banking families — along with the likes of JP Morgan, the Rockefellers and the Rothschilds.
THOSE WHO ARE OUTSIDE OF TIME
I have had many personal examples of “angelic” or “extraterrestrial” forces bending time and giving me accurate prophecies. Many of them have been documented on this website.
As one recent example, last February I published very powerful dreams telling me “the next disaster on the scope of the BP oil spill” was about to occur — and three weeks later we had the Fukushima nuclear disaster.
I have twenty years of documenting my dreams every morning. They have been remarkably accurate in predicting the future.
Four years after I began this practice, I established direct contact with the people who are helping this planet “from above.”
For this same reason, I do not see a difference between “angels” and “extraterrestrials.”
The media has manipulated us into believing extraterrestrials are scary creatures.
Once people realize that the vast majority of them are humans — and in many cases nearly indistinguishable from us in their appearance — the fear factor will significantly reduce.
WE ARE ALREADY AN INTERSTELLAR SPECIES
Over the years I have built up a team of reliable and trustworthy intelligence sources — people who have direct access to various parts of the highly classified insider world.
The UFO cover-up has been a key part of this insider world all along. Modern computer technology is only one of many tools we have reverse-engineered from this “celestial endowment” of deliberately crashed discs.
If events like Roswell hadn’t happened, we may not have developed computer technology at all. Thankfully, we now have the full power of the Internet as we move through the great prophetic year of 2012.
Furthermore, the technologies we did not get public access to are so advanced that everything we see in Star Trek, Stargate and just about any other sci-fi movie you can think of is available now — ready to use.
Many insiders have confirmed this. You can see them, hear them and meet them at conferences. The main avenues for Disclosure have been Dr. Steven Greer’s Disclosure Project and Kerry Cassidy and Bill Ryan’s Project Camelot. I have closely worked with both groups.
Laughter and sarcasm is simply the result of an elaborate brainwashing campaign — ongoing since the 1940s — and it is rooted in fear. This fear was programmed — by an astonishing crush of xenophobic Hollywood propaganda films.
Regardless of most people’s inability to believe such a vast conspiracy is possible, earth humanity is already an interstellar species. The truth simply hasn’t been aired in the mainstream media… yet.
Our opinions have been cleverly manipulated by a vast, occult conspiracy going back hundreds of years in the past — if not thousands.
The higher forces ultimately are not allowed to intervene, beyond a certain level, before a given moment in time. That moment has now arrived — as has been predicted for thousands of years.
Prior to the moment of mass, public Divine Intervention, the negative forces on Earth will be confused — as many of their dirty tricks will be allowed to occur, while many others — far more devastating — are completely blocked.
The negative elite intended for 9/11 to be the “kill shot” that would defeat all resistance — and usher in the New World Order.
History has a great sense of irony, as 9/11 became the critical error that triggered a global awakening — and ensured the cabal’s own defeat.
This is almost certainly why it was allowed to occur — by the same higher forces that are now systematically preventing much greater atrocities from occurring.
The enormous scope of these interventions will become clear as you read Section II — and they have been ongoing since at least the dawning of the nuclear age.
Most importantly, Divine Intervention cannot occur until and unless there is a significant-enough movement from the mass public to support these actions. Those are the rules.
IT WILL BE A PROFOUND SHIFT — AND IT HAS ALREADY STARTED
That mass public will has finally arrived — and the positive militaries of the world will help ensure it will succeed.
If the rumors I am hearing are true, we will soon see mass arrests of many key conspirators in government, military, finance companies, defense contractors, media, pharmaceutical corporations and so on.
The evidence that will be presented will leave no conceivable room for doubt — except, perhaps, for those most addicted to “fear porn”, who automatically assume whatever they see, hear and read must be the opposite of the truth — regardless of the evidence.
Benjamin Fulford, former Asia-Pacific bureau chief for Forbes Magazine, has been covering this evolving story on a week-by-week basis for well over three years now — and other sources have since come forward.
Fulford spoke for over a year about a lawsuit that would help break open this vast conspiracy — and end Financial Tyranny. An exact date for the filing of the complaint was given as it got closer.
A little over a week after the date — on November 23, 2011 — the complaint was filed, for everyone to read. The legal expenses involved in its preparation were vast. Fulford’s credibility was significantly enhanced. He promised — and his sources delivered.
Little did I know that by publicly tearing it apart and looking for flaws and weaknesses, I would be contacted by the alliance that filed it — and would become one of its strongest public advocates.
DRAMATIC NEW DEVELOPMENTS
I can now say from firsthand knowledge that this 134-nation alliance is supporting an imminent, massive geopolitical shift — into freedom.
Our ancient brothers and sisters, seemingly lost to the pages of history, have provided critical support — now including direct, astonishing military interventions — to help make this unprecedented operation achievable… and ensure its success.
Therefore, it is now safe to say that everything is happening right on schedule.
This may sound crazy to you now. I get that. I would have felt the same way if I had not found so much evidence to the contrary — much of which I released in the epic Source Field Investigations book.
WE HAVE OVERLOOKED THE OBVIOUS SIGNPOSTS
Once we realize the human race is much, much more extensive than we thought, and that our relatives do indeed follow a Prime Directive, we will marvel at how many obvious signposts we have overlooked.
For over 1200 years now, our ancient human allies have been using a unique method to communicate with us — and all of these communications were focused on what is happening now.
During the last 30 years in particular, they have used this system extensively — revealing who they are, what they are doing, and why they are doing it.
All of this will be laid out for you in Section III.
For now, we will go into the “meat” of Section I — and discuss some of the obvious, public signposts of what is about to happen.
THE SIGNS ARE ALREADY THERE — 450 TOP CEOs FLEE THE SINKING SHIP
The vast majority of trouble in the world is being generated by a highly occult, highly secretive elite, hidden away in the G5 countries — and manipulating the financial system, politicians and militaries behind the scenes.
There are increasingly blatant signals that the mass arrests are about to happen. CEOs and top corporate executives are now resigning in massive numbers.
“American Kabuki” has diligently cataloged an incredible 450 confirmed resignations — just since September 1, 2011 — in chronological order, complete with supporting links in every case.
The number of resignations has significantly increased in the last 2-3 months, including an astonishing number of very high-profile people.
For example, there was a remarkable 48-percent increase in the number of CEO resignations just between the months of December and January — as you are about to see.
Skeptics — who may well be paid disinformants — have tried to write this off as all part of the normal turnover in the corporate world. However, a Fiscal Times article from February 23rd clearly revealed this is not “normal” at all.
THE FORCED REBUTTAL
The mass resignations have not gone unnoticed to the readers of The Fiscal Times. This is a very real story — causing very real anxiety.
Michelle Hirsch wrote “What CEO Musical Chairs Means to the Job Market” for The Fiscal Times on February 23, 2012 — to hopefully soothe their readers’ fears.
What CEO Musical Chairs Means to the Job Market
After three years of relative stability in the corner offices of corporate America, 2012 is shaping up as a year of CEO musical chairs.
That’s because a wave of executives are looking to step down, cash in their stock options as stocks rise and avoid new government regulations that many see as too challenging and stressful….
In particular, the revolving door is spinning faster among health care and financial services executives, who are jumping ship, retiring, or being forced out at a quicker clip than their counterparts in other industries.
Last month, 25 health care CEOs and 13 financial services CEOs departed, making those sectors the two biggest culprits of the rising turnover tide.
A growing push from the federal government to police the financial services industry and clamp down onexecutive compensation is prompting the exodus of CEOs in the financial services industry, said Don Hambrick, a professor at Penn State’s Smeal School of Business….
The number of CEOs who left their posts in January spiked by 48 percent over December, rising to 123 – the highest level since May 2010, according to data from outplacement service firm Challenger, Gray & Christmas.
Fifty-one percent resigned or stepped down, 26 percent retired, and only 9 percent left to take other jobs….
While changes at the top may unnerve some employees, rarely do CEO switches bring about mass terminations of existing employees, [Matt McGreal, a principal at Crist|Kolder Associates, a CEO search firm] said.
STUNNING CHANGES ARE UNDERWAY
The 450 resignations are documented, proven, and cannot be shot down.
This Fiscal Times article is our key to prove that this is real enough to be tracked by the media, and is in no way part of “normal turnover” in the corporate world.
We applaud Fiscal Times for their bravery in covering this evolving story.
Better yet, these mass resignations are only one part of a much larger mosaic of stunning new developments.
MASS ARRESTS HAVE ALREADY STARTED
Mass arrests have already taken place against senior staff of the Fox-owned Sun tabloid in England in three separate bursts — now encompassing 21 top Sun employees under “Operation Weeting”.
In case you haven’t followed this story, Fox (News Corporation) was working with the police and the government to tap people’s phone calls and voicemails — and publish disparaging information on celebrities and public figures through these ill-gotten means.
When you include the two other known operations that have been reported — code-named Elveden and Tuleta — the total number of arrests has now encompassed a stunning 47 people.
The number of people arrested in Operation Weeting, which has been running since last January when police reopened investigations, stands at 21.
Two other linked investigations – Operation Elveden into corrupt payments to police and Operation Tuleta into computer hacking – have resulted in 26 [additional] arrests.
JAMES MURDOCH STEPS DOWN AS EXECUTIVE CHAIRMAN OF [FOX] NEWS INTERNATIONAL
Rupert Murdoch’s son, James Murdoch, resigned from his position as executive chairman of News International on February 29th — indicating the extreme scope of the trouble.
In time, this resignation will be seen as a monumental event — one of the greatest signposts of the mass arrests that were about to happen.
American readers may not be aware of the power and magnitude of what is already happening in the UK — but our next excerpt will spell it out very nicely.
THE “DAY OUT OF TIME”
It may also be significant that Murdoch announced his resignation on February 29, 2012.
As our graph shows, February 29, 2012 is the “Day Out of Time” immediately preceding the pivotal March 13th Mayan Calendar date — where the cycles shift into full synchronization.
This “Day Out of Time” has great significance in the Mayan system, as we will see in Section III.
Some scholars consider this “day out of time” to be “highly exceptional”, in that it has “never happened before and will never happen again” in the Mayan system — and it directly sets up the final synchronization date of March 13th.
The above image was generated years before 2012 — in anticipation of the events that were predicted to come.
Little did we know that the “Day Out of Time” would become the very day that Fox News International effectively admitted, to the public, that the accusations against them were true.
The crimes they are accused of could, and will, ultimately engulf a vast majority of the mainstream media — in its totality. Not all journalists are culpable, but those who wanted to keep their jobs have been heavily manipulated.
JAMES MURDOCH STEPS DOWN AS CHAIRMAN OF NEWS INTERNATIONAL
Here is the article that announced James Murdoch’s resignation — and revealed many things the American press has fastidiously avoided discussing.
James Murdoch Steps Down as Chairman of News International
James Murdoch is to step down as executive chairman of News International, it was announced today.
Parent company News Corporation said in a statement the move would allow him to focus on expanding the company’s international TV businesses.
Mr Murdoch has faced intense scrutiny in the wake of the News of the World phone hacking scandal….
Labour MP Chris Bryant, who received a £30,000 settlement after having his phone hacked by the News of the World, said: “After all we’ve heard, James Murdoch’s resignation is long overdue.
“On his watch, we have seen the biggest corporate corruption scandal since 1720 — and historic titles like The Sun have been brought into disrepute… He is not a fit and proper person.”….
Ex-minister and former National Union of Journalists president Denis MacShane, who received a £32,500 settlement, said: “The Murdoch empire, as in Greek tragedy, is collapsing in full view of an astonished world.
“The crown prince has been sacrificed to appease the public horror at what is being revealed of the collusion, corruption and criminality of the Murdoch empire — as it bought politicians and police indiscriminately.”
TWO SENIOR MURDOCH JOURNALISTS ATTEMPT SUICIDE
Sadly, in addition to the mass arrests of 47 people and the resignation of executive chairman James Murdoch, two senior journalists were so threatened by this imminent exposure of wrongdoing that they tried to kill themselves.
Two senior journalists working for Rupert Murdoch’s News International have attempted suicide as pressure mounts at the scandal-hit publisher of the now-defunct News of the World, according to media reports.
The suicide attempts follow weeks of intense scrutiny of the role of The Sun, another Murdoch paper, in the phone-hacking scandal and police bribery case.
The man and the woman, who were reportedly involved in separate incidents, were rescued in time, a friend of one of them said, according to a report Tuesday on stuff.co.nz….
“It was not a suicide pact,” the friend told the New Zealand-based news organization. “The attempts were not simultaneous and there is no suggestion of a pact.”….
“People think that they’ve been thrown under a bus,” one News International employee told Reuters. “They’re beyond angry – there’s an utter sense of betrayal, not just with the organization but with a general lynch-mob hysteria.”
News International, the European arm of Murdoch’s empire, is facing multiple criminal investigations and civil court cases as well as a public inquiry into press standards after long-simmering criticism of its practices came to a head last July.
Politicians once close to Murdoch, including Prime Minister David Cameron, turned their backs on him and demanded answers after the Guardian newspaper revealed the News of the World had hacked the phone of murdered schoolgirl Milly Dowler.
The London Evening Standard reported that other News International journalists are “terribly stressed and many are on the edge.” The company has reportedly offered psychiatric help to any journalist who wants help.
I certainly would not want to take the invitation to “step into my office” from any News Corporation psychiatrist — given what we know about MK-Ultra techniques, which were revealed in open Congressional hearings from the 1970s.
Prime Minister David Cameron, the highest elected official in Great Britain, turned on Murdoch in the hopes of saving himself — as he has been directly linked to the corruption.
The blowback from this “Epic Greek Tragedy” — the “biggest corporate scandal since 1720” — will almost certainly return to the United States. Obviously these criminal practices within the Fox News empire were not limited to the United Kingdom.
It is very likely that other journalists, in other media conglomerates, are starting to feel the same sense of foreboding.
How much have you been hearing about this “epic” story in the Federal Reserve-controlled American corporate media?
KERRY CASSIDY REVEALS EVEN MORE IN HER BLOG
Insider sources revealed a “plot twist” in this story to Kerry Cassidy of Project Camelot — whom I’ve collaborated with for years now in our search for truth and freedom.
This critical detail has not emerged… yet… but the trials have barely even started. If the full-blown mass arrests do happen, the disclosure of what you are about to read will pale in comparison to everything else that comes out.
March 8, 2012 Update 12:35PM
CLANDESTINE SHADOW PHONE NETWORK also referred to as an INTERNATIONAL INTRANET
ACCORDING TO A SOURCE: There is a deep shadow network behind the traditional telephone network that you only get access to by invitation.
It involves people who are on the criminal side — as well as, no doubt, government and alphabet agency types who tap into phone calls, and then sell them on a black market for lots of money.
[They are sold] to, for example, HIGH FREQUENCY TRADERS (HFTs) — who then use this info to make trades, currency calls, etc.
You can see where a network like this can be very advantageous to the participants.
FURTHER: This also relates back to the recent MURDOCH TELEPHONE TAPPING SCANDAL … because what apparently did not come out during that inquiry and trial is that Murdoch’s boys did not have to tap anyone’s phone directly.
Instead, they simply connected with an individual who then gave them access to this hidden phone network.
They told them what calls, from which people, they wanted to PURCHASE… and paid them for the ‘tapped calls’.
RUSH LIMBAUGH AND THE FALL OF SHOCK-JOCK HATE RADIO
There is no question that News International owns and runs the right-wing hate speech industry in the US. They are now engulfed in a massive scandal on this front as well.
Advertisers have abandoned Rush Limbaugh’s program in droves — 98 different corporations within days of when the problem started.
This was triggered by the public uproar that occurred when Limbaugh labeled Georgetown University law student Sandra Fluke as a “slut” and a “prostitute” — for lobbying to provide better public access to birth control.
THE ANNOUNCEMENT IS MADE
Here’s a story that was published when the first 98 were announced.
Premiere Networks is circulating a list of 98 advertisers who want to avoid “environments likely to stir negative sentiments.”
The list includes carmakers (Ford, GM, Toyota), insurance companies (Allstate, Geico, Prudential, State Farm) and restaurants (McDonald’s, Subway). As you’ll see in the note below, those “environments” go beyond the Rush Limbaugh show.
“To all Traffic Managers: The information below applies to your Premiere Radio Networks commercial inventory….
“They’ve specifically asked that you schedule their commercials in dayparts or programs free of content that you know are deemed to be offensive or controversial (for example, Mark Levin, Rush Limbaugh, Tom Leykis, Michael Savage, Glenn Beck, Sean Hannity).”
This helps explain why, on Rush Limbaugh’s flagship station WABC, almost all of the commercial breaks werefilled with unpaid public service announcements….
But it’s not just Limbaugh that these advertisers want to disassociate with, but other big names in right-wing radio too.
As the Daily Beast’s John Avalon notes, this is unprecedented in the 20-plus years that Limbaugh and his imitators have been on the air — and could spell real trouble for an industry that’s already suffering demographically….
The advertising flight is reminiscent of Glenn Beck’s Fox News program. After major companies refused to advertise on Beck’s show in light of racially insensitive comments, he was left with just fringe businesses like survival seed banks and gold sellers.
Not long thereafter, he left Fox, reportedly under pressure.
NOT ALL OF IT IS BAD
Clear Channel is the mega-conglomerate that owns Premiere Radio Networks, which carries Rush Limbaugh and almost all other right-wing hate-radio “shock jocks.”
However, “Almost all of Clear Channel’s primary talk stations are affiliated with Fox News Radio for national news — part of a multi-year deal between Clear Channel and Fox.”
Though the names may change, it’s the same corporate entity running the show here. Not all of it is bad, either.
Clear Channel and Premiere run Coast to Coast AM with George Noory, which I’ve appeared on more than 15 times — and is a marvelous program.
It is perfectly acceptable to see how a company can have positive and negative aspects mixed together.
MOST TELEVISION NETWORKS FEATURE A VARIETY OF POSITIVE THINGS AS WELL
Most network and cable television stations feature a variety of content that is positive, in varying ways, for humanity. The vast majority of people working within these groups are honest, hardworking and positive — and I know some of them.
I would strongly encourage everyone not to throw the baby out with the bath water. Once the conspirators have been arrested, these people will be able to step up much more — and make a difference that will benefit everyone.
Many of the broadcast and cable networks have already aired programs that have a positive impact on the world — and in some cases have assisted with Disclosure.
As one example, I have appeared in seven episodes of Ancient Aliens on History Channel — and am now developing my own show around the Source Field Investigations book.
This is not just a “what if”, but is already significantly far down the road. I have not published the details of this just yet, for everyone’s protection — but once we have a more stable footing, I will definitely do so.
By the time we are ready to air the show, it may well be a very different world.
I look forward to seeing these good people be allowed to do their jobs, without restrictions — and the incredible revolution of awareness this will then generate.
HATE DOESN’T SELL ANYMORE
Advertisers are now fleeing right-wing hate programming in droves. Without the oxygen of advertising money, these programs will quickly suffocate.
This programming is — and always has been — propaganda.
It is designed to support and enhance Financial Tyranny — by agitating the public and getting them to turn on each other, thereby steering them away from the “men behind the curtain.”
The impact from Rush Limbaugh’s unrelenting assault is vast. In fact, the entire right-wing radio industry could potentially go down with him.
The money making industry thrived due to Rush Limbaugh’s highly controversial rhetoric – and now, they can thank him for its potential demise.
Three long decades of misogyny has poured out of his mouth endlessly into the airwaves….
But this latest controversy comes at a particularly difficult time for right-wing talk radio. They are playing to a (sometimes literally) dying demographic.
Rush & Co. rate best among old, white males. They have been steadily losing women and young listeners, who are alienated by the angry, negative, obsessive approach to political conservations.
Add to that the fact that women ages 24–55 are the prize advertising demographic, and you have a perfect storm emerging after Limbaugh’s Sandra Fluke comments.
Advertisers are waking up. Extreme partisan views conveyed through the airways against their main targeted demographic, do not sell.
THE WEBSITE WAS SCRUBBED — BUT HE CANNOT ESCAPE ACCOUNTABILITY
Startlingly, the Fox / Clear Channel conglomerate attempted to hide the evidence and delete all the offending content from their websites featuring Rush Limbaugh — but it was far too little, too late.
It turns out brands aren’t really very excited about being associated with bullies smearing private citizens. The list of brands insisting on this is pretty impressive. Ford, Toyota, GM, McDonalds and Subway, to name a few.
All of which leaves Rushbo and Company with a dilemma. After all, their bread and butter is controversy and hate.
If these major national advertisers don’t want their ads associated with hate, the haters may become loss leaders for their local affiliates. Wouldn’t that be too bad?
This is all the product of the outcry against Rushbo’s three-day tirade against Sandra Fluke, which caused the netroots to rise up and reach out to the advertisers keeping him on the air.
Despite the fact that Rush has scrubbed his website of the transcripts and offending content, he can’t escape accountability for this.
LOS ANGELES PASSES LAWS AGAINST HATE RADIO
As the Rush Limbaugh scandal continues to explode in its scope and proportions, the Los Angeles city council has stepped in — and passed a resolution forcing media companies to avoid broadcasting racist and sexist slurs.
LA City Council Close to Passing Resolution Blocking Hate Radio
LOS ANGELES (CBS) — City Council members took a step closer on Wednesday to becoming the first in the nation to adopt a resolution condemning certain types of speech on public airwaves.
Councilmember Jan Perry introduced legislation that would call upon media companies to ensure “on-air hosts do not use and promote racist and sexist slurs” on radio and other broadcasts.
Members of Black Media Alliance, National Hispanic Media Coalition, Korean-American Bar Association and American Indians in Film and Television were on hand to voice their support for the proposal….
The proposal cites a “long history of racially offensive comments as well as deplorable sexist remarks, particularly towards women and Black, Latino, and Asian communities” at KFI 640 and calls for parent company Clear Channel Communications to hire a more diverse workforce to offset the trend.
“It is easy to become desensitized to what other groups find intolerable, which ultimately fosters an environment where negative comments can go unchecked — and corporate guidelines and policies are no longer being enforced,” the resolution reads.
Remarks from syndicated talk show host Rush Limbaugh referring to Georgetown University law student Sandra Fluke as a “slut” and a “prostitute” for testifying on Capitol Hill about women’s access to contraception were also cited in the proposal.
What you’re seeing here is only a tiny taste of what is about to come. These are but the very first pebbles to have fallen from the coming avalanche. The roaring sound is becoming harder and harder to ignore.
The public hearings that will result from these mass arrests will break the whole story of Financial Tyranny wide open.
This will happen right on schedule — following prophecies that were given to us thousands of years ago.
“MUPPETGATE” IS ANOTHER PEBBLE FROM THE COMING AVALANCHE
Greg Smith, a former high-ranking Goldman Sachs employee blew the whistle in a New York Times editorial on March 14, 2012 — triggering a revolutionary public awakening now being called “Muppetgate.”
So far, very few have “connected the dots” and realized that Goldman Sachs is one of the main Federal Reserve banking conglomerates — but I doubt this part of the story will remain secret for very long.
According to Smith, Goldman executives call their clients “Muppets” and treat them as pathetic sub-humans — purely to be exploited and stolen from. This has effectively revealed the sociopathic “Illuminati” mindset to the mass public.
Goldman Sachs has already gone into financial free-fall from this expose’ — hemorrhaging more than two billion dollars in a matter of days.
Goldman Sachs Loses 2 Billion from “Muppetgate”
Question: What’s the cost to a company of one disgruntled former employee?
Answer: About $2 billion if it’s Goldman Sachs.
That’s how much of the bank’s market value was wiped out after one of its directors, Greg Smith, resigned from the company and penned an op-ed piece in The New York Times attacking the firm’s culture and treatment of clients.
The bank’s shares fell 3.3 percent in trading Wednesday as London-based Smith’s article set Wall Street and the media ablaze with discussion about the behavior of big banks bailed out by taxpayers after the financial crisis.
The share price decline meant Goldman lost some $2 billion in market value. Its market capitalization is currently just short of $65 billion.
A “TOXIC ENVIRONMENT”
This next excerpt from MSNBC reveals even more about how terrible it is to work at Goldman Sachs — and the genuine darkness its employees find themselves in.
In a very public and scathing resignation letter, Goldman Sachs executive director Greg Smith has called the atmosphere at the massive investment bank “as toxic and destructive as I have ever seen it.”
“Today is my last day at Goldman Sachs,” wrote Smith, who was the head of the firm’s U.S. equity derivatives business in Europe, the Middle East and Africa, in an Op-Ed in the New York Times on Wednesday titled “Why I am Leaving Goldman Sachs.”
Smith, who is based in London and has been with Goldman for 12 years, went on to describe what he says is a deteriorating culture at Goldman Sachs where clients are called “muppets” and their interests are given short shrift.
“The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for,” Smith wrote….
“It makes me ill how callously people talk about ripping their clients off. Over the last 12 months I have seen five different managing directors refer to their own clients as ‘muppets,’ sometimes over internal e-mail,” wrote Smith….
In an emailed statement, Goldman Sachs, said, “We disagree with the views expressed, which we don’t think reflect the way we run our business. In our view, we will only be successful if our clients are successful. This fundamental truth lies at the heart of how we conduct ourselves.”
UK TELEGRAPH EXPLORES THE ILLUMINATI MINDSET
This next excerpt from the UK Telegraph discusses the Illuminati mindset within Goldman Sachs that has been revealed as a direct result of “Muppetgate” — the day after a Mayan Calender shift-date that had been anticipated for years.
This market autism has continued. If a trade makes a profit and it’s within the rules, then do it. Ethics, perception, morals, emotional intelligence and even good old common sense are ignored….
[Goldman is] a bank whose alumni include two US Treasury Secretaries, including Paulson….
Goldman is a bank in denial and heading for a crash. I can’t see any President recruiting from Goldman again, given recent years. And unless things change, the bank will lose clients….
Outbursts such as Smith’s makes it easier for companies and investors to drop Goldman.
The bank needs to change, and has needed to do so for years. Some improvements have been made but they look superficial, and perception is nine tenths of reality here.
Remember — if Goldman Sachs crashes, so does the Federal Reserve.
1 IN 10 WALL STREET BANKERS ARE CLINICAL PSYCHOPATHS
On March 2, 2012 — just two days after the critical Feb. 29th “Day Out of Time” in the Mayan Calendar — the Huffington Post ran an article that seemed to anticipate the bomb Greg Smith was about to drop on Goldman Sachs.
This might sound like the punchline to a joke — but the destruction of the planet is no laughing matter, and these people must be stopped.
One out of every 10 Wall Street employees is a clinical psychopath, the CFA Institute (an investment and financial analysis organization) reports in the latest issue of CFA Magazine.
That makes psychopathy 10 times more prevalent among New York’s financial elite than among us plebeians, for which the accepted statistic is a more palatable one in 100.
Psychopaths “generally lack empathy and interest in what other people feel or think,” according to the study.
“At the same time, they display an abundance of charm, charisma, intelligence, credentials, an unparalleled capacity for… manipulation, and a drive for thrill seeking.”
That Wall Street should harbor more than its share of psychopaths, then, will come as no shock to those frustrated by the entitlement and greed of the one percent.
The study also shows how easily psychopaths can pass, however, blending into our lives as co-workers, friends and even romantic partners.
JP MORGAN STAFF WARNED OFF OF TALKING ABOUT “MUPPETGATE”
Goldman Sachs is one of the Federal Reserve banks. So is JP Morgan Chase.
The lower-level employees probably don’t know this, but the higher-ups at JP Morgan are directly aware that an attack against Goldman is a direct attack against JP Morgan, the Federal Reserve, and the Illuminati.
So, the proverbial “STFU” warning came out from the higher-ups.
JP Morgan Staff Told to Go Easy on Goldman Sachs’ “Muppetgate”
(Reuters) – Investment bank JPMorgan tried to contain damage to Wall Street’s reputation on Thursday by telling staff not to try to profit from rival Goldman Sachs’ embarrassment over a vitriolic resignation letter published in the New York Times.
Equity derivatives salesman Greg Smith caused a firestorm across the banking industry on Wednesday with the letter, published as an opinion column and calling Goldman (GS.N) a “toxic” place to work where senior staff saw clients as “muppets”.
JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon warned employees in an internal memo not to seek advantage from Goldman’s “alleged issues”, imploring them focus on standards, not on the furore stirred by Smith in what media and bloggers have called “Muppetgate”.
“I want to be clear that I don’t want anyone here to seek advantage from a competitor’s alleged issues or hearsay — ever. It’s not the way we do business,” Dimon said in the memo, a copy of which was seen by Reuters.
Dimon’s memo, awaiting Asia employees in their e-mail inboxes on Thursday morning, was sent to the bank’s global operating committee and later forwarded to wider parts of JPMorgan, said sources who have seen the memo.
JPMorgan declined to comment.
SUDDEN, STUNNING PUBLIC DIVORCE BETWEEN JP MORGAN AND THE VATICAN
Just five days after “Muppetgate,” JP Morgan announced they were cutting off the Vatican Bank’s private accounts, permanently — by the end of the month.
This is of monumental significance to our discussion. The Federal Reserve is literally dropping everything and runningfrom any financial association with the Vatican — as fast as they can.
The divorce was announced on March 19th — and will already be finalized as of March 30th. If nothing is going to happen, why would we see such urgency?
Many “Truth” researchers have concluded that the Vatican has been penetrated at the highest levels by the Illuminati. This does not mean the Vatican itself is evil, nor are most of the people working there — but they have a very serious problem to deal with.
SCATTERING BEFORE THE AVALANCHE
All these Illuminati factions used to be on the same page — but now, just like with the mass CEO resignations, they are turning on each other and scattering before the avalanche hits. Let’s read more about this epic event.
VATICAN CITY/MILAN, March 19 (Reuters) – JP Morgan Chase is closing the Vatican bank’s account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See’s financial institution, Italian newspapers reported.
The move is a blow to the Vatican’s drive to have its bank included in Europe’s “white list” of states that comply with international standards against tax fraud and money-laundering.
The bank, formally known as the Institute for Works of Religion (IOR), enacted major reforms last year in an attempt to get Europe’s seal of approval and put behind it scandals that have included accusations of money laundering and fraud.
Italy’s leading financial daily Il Sole 24 Ore reported at the weekend that JP Morgan Chase in Milan had told the IOR of the closing of its account in a letter on Feb. 15.
The letter said the IOR’s account in Italy’s business capital would gradually be phased out starting on March 16 and closed on March 30.
In Milan, JP Morgan Chase declined to comment and the Vatican also had no comment. It was not possible to contact IOR officials because Monday was a holiday in the Vatican.
Il Sole said JP Morgan Chase informed the IOR that the account was being closed because the bank’s Milan branch felt the IOR had failed to provide sufficient information on money transfers.
The financial newspaper, which gave the number of the IOR account, said some 1.5 billion euros passed through it in about 18 months.
It said the account was a “sweeping facility,” meaning that it was emptied out at the end of each day with funds transferred to another IOR account in Germany.
A STRING OF SCANDALS PLAGUES THE VATICAN
In her radio interview with Greg Szymanski, Svali revealed that all members are forced to endure human sacrifice rituals that are conducted in the Vatican — in a secret subterranean chamber, accessed by a door hidden behind a giant painting.
Any significant exposure and downfall of the Vatican will, therefore, reveal an incredible amount of sinister, hidden truth.
No one knew what Svali looked like until Ed Koni recently posted the newsvalispeaks.com website — and included the above picture, without revealing what program it came from, or when it aired. No footage of the program is available on the site.
After I posted this, our intrepid commenters discovered this footage. It is from a BBC Conspiracies program in 2001, entitled “Satanic Panic.” 2000 was the year Svali was the most active in writing articles. You can skip ahead to 6:24 to see Svali. Either link works:
Svali has definitely not sought the limelight — nor has she profited from her disclosures in any way. Instead, telling the truth got her tortured — and she may have been killed.
Even her close confidante Ed Koni does not now know if she is alive. If she still is alive, she has gone completely into hiding.
THE PUBLIC DIVORCE
Now that we have more background on this subject, let’s continue reading about this staggering public divorce between the Federal Reserve and the Vatican.
The closure move by JP Morgan Chase, which was also reported by two leading general newspapers on Monday — Corriere della Sera and La Stampa — was a further blow to the [Vatican’s] IOR [bank], whose image has been tarnished by a string of scandals.
In September, 2010, Italian investigators froze 23 million euros ($33 million) in funds in two Italian banks after opening an investigation into possible money-laundering.
The bank said it did nothing wrong and was just transferring funds between its own accounts. The money was released in June 2011 but Rome magistrates are continuing their probe.
The public image of the bank has also been harmed by the so-called “Vatileaks” scandal, in which highly sensitive documents, including letters to Pope Benedict, were published in Italian media….
THE “OCCULT ECONOMY” REVEALED
I was asked to write the epic Financial Tyranny piece by the “good guys” orchestrating the mass arrests. Some of this data has started gaining traction and coverage in the alternative media.
This article by Activist Post features some of the juicier parts of our investigation, with credit:
Secret “Occult Economy” Coming Out of the Shadows?
LORD JAMES OF BLACKHEATH BLOWS THE WHISTLE
Furthermore, within days after we published Finanical Tyranny, Lord James of Blackheath publicly blew the whistle on 15 trillion dollars of fraud before the British Parliament — validating everything we had just reported.
Specifically, Blackheath discusses three sums of $5 trillion each — corresponding to 750,000 metric TONS of gold. This is significantly more gold than has ever existed in the “legitimate”, registered economy, which weighs in only around 120,000 metric tons.
Lord James also reveals that his evidence includes an original, signed document from Alan Greenspan and Timothy Geithner — which he has in his personal possession.
This is an utterly explosive accusation — and we have definitely not seen the end of it yet.
The original link can be found here — and you have to scroll ahead to 17:20 in order to hear Blackheath’s speech.
Here is a YouTube clip of his speech:
Lord James Blackheath of England exposes $15 Trillion in financial fraud
TRANSCRIPT OF BLACKHEATH, PART ONE
Here is a link to an unofficial transcript of Blackheath’s February 16th, 2012 speech — along with a brief excerpt.
I have been engaged in pursuit of this issue for nearly two years and I am no further forward in getting to the truth….
In April and May 2009, the situation started with the alleged transfer of $5 trillion to HSBC in the United Kingdom. Seven days later, another $5 trillion came to HSBC and three weeks later another $5 trillion.
A total of $15 trillion is alleged to have been passed into the hands of HSBC for onward transit to the Royal Bank of Scotland.
We need to look to where this came from and the history of this money. I have been trying to sort out the sequence by which this money has been created and where it has come from for a long time.
It starts off apparently as the property of Yohannes Riyadi, who has some claims to be considered the richest man in the world.
He would be, if all the money that was owed to him was paid — but I have seen some accounts of his showing that he owns $36 trillion in a bank.
It is a ridiculous sum of money. [DW: The combined world GDP is only 62 trillion.]
However, $36 trillion would be consistent with the dynasty from which he comes — and the fact that it had been effectively the emperors of Indo-China in times gone by.
A lot of that money has been taken away from him, with his consent, by the American Treasury over the years — for the specific purpose of helping to support the dollar.
TRANSCRIPT OF BLACKHEATH’S SPEECH, PART TWO
Mr Riyadi has sent me a remarkable document dated February 2006 in which the American Government have called him to a meeting with the Federal Reserve Bank of New York, which is neither the Federal Reserve nor a bank.
It is a bit like “Celebrity Big Brother”. It has three names to describe it — and none of them is true.
This astonishing document purports to have been a meeting, which was witnessed by Mr Alan Greenspan, who signed for the Federal Reserve Bank of New York of which he was chairman, as well as chairman of the real Federal Reserve in Washington.
It is signed by Mr Timothy Geithner as a witness, on behalf of the International Monetary Fund. The IMF sent two witnesses, the other being Mr Yusuke Horiguchi.
These gentlemen have signed as witnesses to the effect that this deal is a proper deal. There are a lot of other signatures on the document. I do not have a photocopy; I have an original version of the contract.
TRANSCRIPT OF BLACKHEATH’S SPEECH, PART THREE: BUYING IT OUT
Under the contract, the American Treasury has apparently got the Federal Reserve Bank of New York to offer to buy out the bonds issued to Mr Riyadi — to replace the cash which has been taken from him over the previous 10 years.
It is giving him $500 million as a cash payment to buy out worthless bonds. That is all in the agreement — and it is very remarkable.
Establishing whether I have a correct piece of paper is just two phone calls away — one to Mr Geithner and one to Mr Greenspan, both of whom still prosper and live. They could easily confirm whether they signed it.
Mr Riyadi, by passing these bonds over, has also put at the disposal of the US Treasury the entire asset backing which he was alleged to have for the $15 trillion.
I have a letter from the Bank of Indonesia which says that the whole thing was a pack of lies. He did not have the 750,000 tonnes of gold which was supposed to be backing it; he had only 700 tonnes. This is a piece of complete fabrication.
TRANSCRIPT OF BLACKHEATH’S SPEECH, PART FOUR: TRUTH OR FICTION?
Finally, I have a letter from Mr Riyadi himself, who tells me that he was put up to do this, that none of it is true, and that he has been robbed of all his money.
I am quite prepared to recognise that one of the possibilities is that Mr Riyadi is himself putting this together as a forgery in order to try to win some recovery.
But it gets more complicated than that because each of the $5 trillion payments that came in has been acknowledged and receipted by senior executives at HSBC — and again receipted by senior executives at the Royal Bank of Scotland.
I have a set of receipts for all of this money. Why would any bank want to file $5 trillion-worth-$15 trillion in total-of receipts if the money did not exist?
The money was first said to have come from the Riyadi account to the Federal Reserve Bank of New York — and from there it was passed to JP MorganChase in New York for onward transit to London.
The means of sending it was a SWIFT note which, if it was genuine, ought to have been registered with the Bank of England.
TRANSCRIPT OF BLACKHEATH’S SPEECH, PART FIVE: A FRIGHTENING PIECE OF PAPER
When this came about, I took it to my noble friend Lord Strathclyde, and asked what we should do with it.
He said, “Give it to Lord Sassoon. He is the Treasury”. So I did, and my noble friend Lord Sassoon looked at it.
He said immediately, “This is rubbish. It is far too much money. It would stick out like a sore thumb, and you cannot see it in the Royal Bank of Scotland accounts”.
He went on to say, “The gold backing it is ridiculous. Only 1,507 tonnes of gold has been mined in the history of the world, so you cannot have 750,000 tonnes”. That is true.
The third thing he said was, “It is a scam”, and I agree with him. The problem is that at that point we stopped looking, but we should have asked what the scam was instead of just nodding it off.
We have never resolved it.
Today, I have this quite frightening piece of paper, which is my justification for bringing it into this meeting.
It is available on the internet and I am astonished that it has not already been unearthed by the Treasury — because every alarm bell in the land should be ringing if it has.
OFF-MARKET GOLD ON “DEPOSIT”
The “off-market” gold is much, much greater than the “legitimate” gold. Blackheath and his colleagues cannot comprehend what they are looking at, so naturally their first impulse is to dismiss the whole thing.
Nonetheless, they have the “smoking gun” documents to prove how much gold is really there. You’ve already seen the pictures of bond boxes and gold hoards we’ve featured in Financial Tyranny — which are far too numerous to be part of some elaborate hoax.
As I revealed in Financial Tyranny, the “off-market” gold was secretly hidden away in various locations throughout Southeast Asia by the Federal Reserve — which is also known as the Bank for International Settlements.
It will be quite a shock when people realize how much gold there really is — and how it was systematically plundered from the world.
The countries who surrendered their gold were told it would usher in a new era of peace and prosperity. This obviously did not happen.
Instead, confiscating the vast wealth of gold throughout the world — from America, Europe and 85 percent of it from Asia — created the opportunity for the Federal Reserve to print money out of thin air, backed by nothing.
This “magic printing press” allowed them to financially ruin just about everyone, seize natural resources, buy the media, starve impoverished countries, install puppet governments and attempt to establish a world dictatorship.
THE ITALIAN BONDS SCANDAL
Blackheath wasn’t the only authority to step forward about massive financial scandals immediately after the release of Financial Tyranny.
The day after Blackheath gave his speech, Italian authorities seized six trillion dollars’ worth of Federal Reserve bonds. This story quickly spread like wildfire throughout the international mass media.
These were in Chicago Federal Reserve boxes and chests that looked exactly the same as the ones in pictures the 134-nation alliance had given me to publish in Financial Tyranny.
This astonished even the most hardened skeptics — who had just finished reading our investigation.
I must cut everything below this point for now so I get this out before my interview at 6PM PST.
UPDATE, SAME NIGHT: WOW!
The interview was mind-blowing — much better than I even expected — and went on for three hours. It will be processed and released ASAP. More will be posted as soon as possible, but I am too tired to do any more tonight.
This so far is about one sixth of the entire piece in size. Most of it is already written.
One thing I still have to do is organize over 30 different links to the Italian bonds scandal. Much of the rest after that is already finished. Section III still needs a final “threading” as well.
This investigation is spreading like wildfire. Truly astonishing. We’ve already exceeded 20,000 hits as of 1AM PST, and it only was posted as of 6PM PST — a mere seven hours earlier. That’s 2,857 hits an hour. There are already over 120 comments, and many of our articles never used to get that many, ever.
I’m not saying this to brag. Rather, this reveals that you are getting the message — and spreading the word.
UPDATE NEXT MORNING, 9:14 AM
As an intuitive, the amount of attention this article is getting is making it very hard to sleep and stay asleep. It’s like a noisy conference call in the dream space right now.
This was represented as my having to do a lecture at a venue where there was a large dance class happening to my immediate left, and also over our heads as well — but the show had to go on.
The only other time I’ve had this “interference problem” this strongly is after I first did Art Bell’s radio show in 2000 for a whole night. Millions of people were listening back then — and I could not sleep afterwards.
I came here to make one correction that had been suggested by email, and the “hit counter synchronicity” phenomenon happened again. It was 43332 when I loaded the page, and when I clicked on the link, a split-second later (literally) it was at precisely 43334.
It’s still there now as I write this update, and will be until I post — so I took a screen capture. Bear in mind this requires extreme coordination within fractions of a second, and is totally not planned on any conscious level.
The reason things like this happen is to again remind me, and then on to you, that there are higher forces orchestrating all of this and insuring that we will succeed. It’s a nice reminder of what’s really going on here.
Additionally, we are processing the audio from my interview right now and it will be uploaded as soon as it’s done.
Unfortunately, since I did it with a very low-fidelity setup, my voice has some distortion and buzz when I talk. We will have to live with that. I will use Skype in the future to avoid this.
POSTED ON JANUARY 11, 2012 BY ROCKINGJUDE
Image via Wikipedia
Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here’s an extensive roundup:
Time to put your Big Bank shorts on! Get ready for arun… The chickens are coming home to roost… The Global Banking Cartel’s crimes are being exposed left & right… Prepare for Shock & Awe…
Well, well… here’s your Shock & Awe:
First up, this shockingly huge $196 billion lawsuit just filed against 17 major banks on behalf of Fannie Mae and Freddie Mac. Bank of America is severely exposed in this lawsuit. As the parent company of Countrywide and Merrill Lynch they are on the hook for $57.4 billion. JP Morgan is next in the line of fire with $33 billion. And many death spiraling European banks are facing billions in losses as well.
FHA Files a $196 Billion Lawsuit Against 17 Banks
The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the Enterprises), today filed lawsuits against 17 financial institutions, certain of their officers and various unaffiliated lead underwriters. The suits allege violations of federal securities laws and common law in the sale of residential private-label mortgage-backed securities (PLS) to the Enterprises.
Complaints have been filed against the following lead defendants, in alphabetical order:
1. Ally Financial Inc. f/k/a GMAC, LLC – $6 billion
2. Bank of America Corporation – $6 billion
3. Barclays Bank PLC – $4.9 billion
4. Citigroup, Inc. – $3.5 billion
5. Countrywide Financial Corporation -$26.6 billion
6. Credit Suisse Holdings (USA), Inc. – $14.1 billion
7. Deutsche Bank AG – $14.2 billion
8. First Horizon National Corporation – $883 million
9. General Electric Company – $549 million
10. Goldman Sachs & Co. – $11.1 billion
11. HSBC North America Holdings, Inc. – $6.2 billion
12. JPMorgan Chase & Co. – $33 billion
13. Merrill Lynch & Co. / First Franklin Financial Corp. – $24.8 billion
14. Morgan Stanley – $10.6 billion
15. Nomura Holding America Inc. – $2 billion
16. The Royal Bank of Scotland Group PLC – $30.4 billion
17. Société Générale – $1.3 billion
These complaints were filed in federal or state court in New York or the federal court in Connecticut. The complaints seek damages and civil penalties under the Securities Act of 1933, similar in content to the complaint FHFA filed against UBS Americas, Inc. on July 27, 2011. In addition, each complaint seeks compensatory damages for negligent misrepresentation. Certain complaints also allege state securities law violations or common law fraud. [read full FHFA release]
You can read the suits filed against each individual bank here. For some more information read Bloomberg:BofA, JPMorgan Among 17 Banks Sued by U.S. for $196 Billion. Noticeably absent from the list of companies being sued is Wells Fargo.
And the suits just keep coming…
BofA sued over $1.75 billion Countrywide mortgage pool
Bank of America Corp (BAC.N) was sued by the trustee of a $1.75 billion mortgage pool, which seeks to force the bank to buy back the underlying loans because of alleged misrepresentations in how they were made. The lawsuit by the banking unit of US Bancorp (USB.N) is the latest of a number of suits seeking to recover investor losses tied to risky mortgage loans issued by Countrywide Financial Corp, which Bank of America bought in 2008. In a complaint filed in a New York state court in Manhattan, U.S. Bank said Countrywide, which issued the 4,484 loans in the HarborView Mortgage Loan Trust 2005-10, materially breached its obligations by systemically misrepresenting the quality of its underwriting and loan documentation. [read more]
Bank of America kept AIG legal threat under wraps
Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter. Bank of America shares fell more than 20 percent on August 8, the day the lawsuit was filed, adding to worries about the stability of the largest U.S. bank…. The bank made no mention of the lawsuit threat in a quarterly regulatory filing with the U.S. Securities and Exchange Commission just four days earlier. Nor did management discuss it on conference calls about quarterly results and other pending legal claims. [read more]
Nevada Lawsuit Shows Bank of America’s Criminal Incompetence
As we’ve stated before, litigation by attorney general is significant not merely due to the damages and remedies sought, but because it paves the way for private lawsuits. And make no mistake about it, this filing is a doozy. It shows the Federal/state attorney general mortgage settlement effort to be a complete travesty. The claim describes, in considerable detail, how various Bank of America units engaged in misconduct in virtually every aspect of its residential mortgage business. [read more]
Nevada Wallops Bank of America With Sweeping Suit; Nationwide Foreclosure Settlement in Peril
The sweeping new suit could have repercussions far beyond Nevada’s borders. It further jeopardizes a possible nationwide settlement with the five largest U.S. banks over their foreclosure practices, especially given concerns voiced by other attorneys general, New York’s foremost among them…. In a statement, Bank of America spokeswoman Jumana Bauwens said reaching a settlement would bring a better outcome for homeowners than litigation. “We believe that the best way to get the housing market going again in every state is a global settlement that addresses these issues fairly, comprehensively and with finality. [read more]
FDIC Objects to Bank of America’s $8.5 Billion Mortgage-Bond Accord
The Federal Deposit Insurance Corp. is objecting to Bank of America Corp. (BAC)’s proposed $8.5 billion mortgage-bond settlement with investors, joining investors and states that are challenging the agreement. The FDIC owns securities covered by the settlement and said it doesn’t have enough information to evaluate the accord, according to a filing today in federal court in Manhattan. Bank of America has agreed to pay $8.5 billion to resolve claims from investors in Countrywide Financial mortgage bonds. The settlement was negotiated with a group of institutional investors and would apply to investors outside that group. [read more]
Fed asks Bank of America to list contingency plan: report
The Federal Reserve has asked Bank of America Corp to show what measures it could take if business conditions worsen, the Wall Street Journal said, citing people familiar with the situation. BofA executives recently responded to the unusual request from the Federal Reserve with a list of options that includes the issuance of a separate class of shares tied to the performance of its Merrill Lynch securities unit, the people told the paper. Bank of America and the Fed declined to comment to the Journal. Both could not immediately be reached for comment by Reuters outside regular U.S. business hours. [
Bombshell Admission of Failed Securitization Process in American Home Mortgage Servicing/LPS Lawsuit
Wow, Jones Day just created a huge mess for its client and banks generally if anyone is alert enough to act on it. The lawsuit in question is American Home Mortgage Servicing Inc. v Lender Processing Services. It hasn’t gotten all that much attention (unless you are on the LPS deathwatch beat) because to most, it looks like yet another beauty contest between Cinderella’s two ugly sisters. AHMSI is a servicer (the successor to Option One, and it may also still have some Ameriquest servicing).
AHMSI is mad at LPS because LPS was supposed to prepare certain types of documentation AHMSI used in foreclosures. AHMSI authorized the use of certain designated staffers signing with the authority of AHSI (what we call robosinging, since the people signing these documents didn’t have personal knowledge, which is required if any of the documents were affidavits). But it did not authorize the use of surrogate signers, which were (I kid you not) people hired to forge the signatures of robosigners. The lawsuit rather matter of factly makes a stunning admission… [read more]
Fraudclosure: MERS Case Filed With Supreme Court
Before readers get worried by virtue of the headline that the Supreme Court will use its magic legal wand to make the dubious MERS mortgage registry system viable, consider the following:
1. The Supreme Court hears only a very small portion of the cases filed with it, and is less likely to take one with these demographics (filed by a private party, and an appeal out of a state court system, as opposed to Federal court). This case, Gomes v. Countywide, was decided against the plaintiff in lower and appellate court and the California state supreme court declined to hear it
2. If MERS or the various servicers who have had foreclosures overturned based on challenges to MERS thought they’d get a sympathetic hearing at the Supreme Court, they probably would have filed some time ago. MERS have apparently been settling cases rather than pursue ones where it though the judge would issue an unfavorable precedent
3. The case in question, from what the experts I consulted with and I can tell, is not the sort the Supreme Court would intervene in based on the issue raised, which is due process (14th Amendment). But none of us have seen the underlying lower and appellate court cases, and the summaries we’ve seen are unusually unclear as to what the legal argument is. [read more]
Iowa Says State AG Accord Won’t Release Banks From Liability
The 50-state attorney general group investigating mortgage foreclosure practices won’t release banks from all civil, or any criminal, liability in a settlement, Iowa Attorney General Tom Miller said. [read more]
Fed Launches New Formal Enforcement Action Against Goldman Sachs To Review Foreclosure Practices
The Federal Reserve Board has just launched a formal enforcement action against Goldman Sachs related to Litton Loan Services. Litton Loan is the nightmare-ridden mortgage servicing unit, a subsidiary of Goldman, that Goldman has been trying to sell for months. They penned a deal to recently, but the Fed stepped in and required Goldman to end robo-signing taking place at the unit before the sale could be completed. Sounds like this enforcement action is an extension of that requirement. [read more]
Goldman Sachs, Firms Agree With Regulator To End ‘Robo-Signing’ Foreclosure Practices
Goldman Sachs and two other firms have agreed with the New York banking regulator to end the practice known as robo-signing, in which bank employees signed foreclosure documents without reviewing case files as required by law, the Wall Street Journal said. In an agreement with New York’s financial-services superintendent, Goldman, its Litton Loan Servicing unit and Ocwen Financial Corp also agreed to scrutinize loan files for evidence they mishandled borrowers’ paperwork and to cut mortgage payments for some New York homeowners, the Journal said. [read more]
Banks still robo-signing, filing doubtful foreclosure documents
Reuters has found that some of the biggest U.S. banks and other “loan servicers” continue to file questionable foreclosure documents with courts and county clerks. They are using tactics that late last year triggered an outcry, multiple investigations and temporary moratoriums on foreclosures. In recent months, servicers have filed thousands of documents that appear to have been fabricated or improperly altered, or have sworn to false facts. Reuters also identified at least six “robo-signers,” individuals who in recent months have each signed thousands of mortgage assignments — legal documents which pinpoint ownership of a property. These same individuals have been identified — in depositions, court testimony or court rulings — as previously having signed vast numbers of foreclosure documents that they never read or checked. [read more]
JPMorgan fined for contravening Iran, Cuba sanctions
JPMorgan Chase Bank has been fined $88.3 million for contravening US sanctions against regimes in Iran, Cuba and Sudan, and the former Liberian government, the US Treasury Department announced Thursday. The Treasury said that the bank had engaged in a number of “egregious” financial transfers, loans and other facilities involving those countries but, in announcing a settlement with the bank, said they were “apparent” violations of various sanctions regulations. [read more]
This Is Considered Punishment? The Federal Reserve Wells Fargo Farce
What made the news surprising, of course, was that the Federal Reserve has rarely, if ever, taken action against a bank for making predatory loans. Alan Greenspan, the former Fed chairman, didn’t believe in regulation and turned a blind eye to subprime abuses. His successor, Ben Bernanke, is not the ideologue that Greenspan is, but, as an institution, the Fed prefers to coddle banks rather than punish them.
That the Fed would crack down on Wells Fargo would seem to suggest a long-overdue awakening. Yet, for anyone still hoping for justice in the wake of the financial crisis, the news was hardly encouraging. First, the Fed did not force Wells Fargo to admit guilt — and even let the company issue a press release blaming its wrongdoing on a “relatively small group.”
The $85 million fine was a joke; in just the last quarter, Wells Fargo’s revenues exceeded $20 billion. And compensating borrowers isn’t going to hurt much either. By my calculation, it won’t top $20 million. [read more]
Exclusive: Regulators seek high-frequency trading secrets
U.S. securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes. The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street brokerage regulator, are part of investigations into suspicious market activity, said Tom Gira, executive vice president of FINRA’s market regulation unit. [read more]
And here’s part of the Collapse Roundup I wrote on August 25th, referenced in the beginning of this report – as you will see, I would probably make a lot more money as an investment adviser:
Collapse Roundup #5: Goliath On The Ropes, Big Banks Getting Hit Hard, It’s A “Bloodbath” As Wall Street’s Crimes Blow Up In Their Face
The chickens are coming home to roost. Reality is catching up with the market riggers (Fed, ECB, PPT, CIA) and the “too big to fail” banks are getting whacked. Trillions of dollars in bailouts and legalized (FASB) accounting fraud cannot save these insolvent zombie banks any longer. The Grim Reaper is on the horizon and his sickle will do what paid off politicians won’t, cut ‘em down to size. So get your silver stake ready, time to plunge it into their vampire squid hearts….
What about Warren Buffet? He saved Goldman Sachs with a bailout in 2008. Can he save Bank of America?…
Warren’s bailout will help BofA over the short run, but $5 billion is just a drop in the bucket when it comes to their problems. The only thing his $5 billion will accomplish is a temporary run up in stock value so everyone who has been killed on the plummeting stock price can then jump out without complete loss….
Goldman Sachs TANKS After CEO Lloyd Blankfein Hires Famous Defense Lawyer
Is the Goldman Sachs CEO facing a new lawsuit?
The market seems to think so. Goldman Sachs just tanked in minutes before the close after news that Lloyd Blankfein hired a lawyer famous for defending vilified execs. It’s back up a bit since dropping over 5%, but the news is still concerning.
It’s unclear whether the lawyer is for him, Goldman Sachs, or both, but Goldman Sachs’s CEO Lloyd Blankfein hired Reid Weingarten, a high profile defense attorney who says “I’m used to these monstrously difficult cases where everybody hates my clients,” according to Reuters.
Reuters says the hire might have something to do with accusations of Blankfein’s committing perjury. Or something else:
One former federal prosecutor, who was not authorized to speak publicly, said Blankfein may have hired outside counsel after receiving a request from investigators for documents or other information. [read full report]
Speaking of hiring lawyers…
The Global Banking Cartel’s Crimes Are Being Exposed Left & Right… Blowing Up In Their Face… Prepare for Shock & Awe… BOOM!
MOODY’S ANALYST BREAKS SILENCE: Says Ratings Agency Rotten To Core With Conflicts
A former senior analyst at Moody’s has gone public with his story of how one of the country’s most important rating agencies is corrupted to the core.
The analyst, William J. Harrington, worked for Moody’s for 11 years, from 1999 until his resignation last year.
From 2006 to 2010, Harrington was a Senior Vice President in the derivative products group, which was responsible for producing many of the disastrous ratings Moody’s issued during the housing bubble.
Harrington has made his story public in the form of a 78-page “comment” to the SEC’s proposed rules about rating agency reform….
Here are some key points:
* Moody’s ratings often do not reflect its analysts’ private conclusions. Instead, rating committees privately conclude that certain securities deserve certain ratings–but then vote with management to give the securities the higher ratings that issuer clients want.
* Moody’s management and “compliance” officers do everything possible to make issuer clients happy–and they view analysts who do not do the same as “troublesome.” Management employs a variety of tactics to transform these troublesome analysts into “pliant corporate citizens” who have Moody’s best interests at heart.
* Moody’s product managers participate in–and vote on–ratings decisions. These product managers are the same people who are directly responsible for keeping clients happy and growing Moody’s business.
* At least one senior executive lied under oath at the hearings into rating agency conduct. Another executive, who Harrington says exemplified management’s emphasis on giving issuers what they wanted, skipped the hearings altogether. [read full report]
Click the below picture for a Wake Up World Only Exclusive Special Offer
BOOM! The SEC Caught Covering Up Wall Street Crimes:
Matt Taibbi Exposes How SEC Shredded Thousands of Investigations
An explosive new report in Rolling Stone magazine exposes how the U.S. Securities and Exchange Commission destroyed records of thousands of investigations, whitewashing the files of some of the nation’s largest banks and hedge funds, including AIG, Wells Fargo, Lehman Brothers, Goldman Sachs, Bank of America and top Wall Street broker Bernard Madoff. Last week, Republican Sen. Chuck Grassley of Iowa said an agency whistleblower had sent him a letter detailing the unlawful destruction of records detailing more than 9,000 information investigations. We speak with Matt Taibbi, the political reporter for Rolling Stone magazine who broke this story in his latest article….
KA-BOOM! The Fed And All Their Crony-Capitalist Cartel Members Exposed, Yet Again:
Wall Street Pentagon Papers Part III – Are The Federal Reserve’s Crimes Still Too Big To Comprehend?
Another day, another trillion plus in secret Federal Reserve “bailouts” revealed. Bloomberg News exposes this latest Fed “deal” after winning a long Freedom of Information Act (FOIA) legal battle to get the details on what was done with the American people’s money. Their report runs with an AmpedStatus style headline: “Wall Street Aristocracy Got $1.2 Trillion From Fed.”
The aristocracy is alive and well… thanks to the Fed, of course.
Keep in mind, this $1.2 trillion is in addition to the $16 trillion the Government Accountability Office (GAO) audit revealed and the over $2 trillion in Quantitative Easing the Fed dished out, not to mention the now continued promise of the Zero Interest Rate Policy (ZIRP). This is also separate from the $700 billion TARP program that Congress approved. This is yet another unknown secret program, throwing another mere $1.2 trillion in public money at the Wall Street elite (global banking cartel), just being revealed now.
Those of us paying attention over the past three years have had Fed crony-capitalism on steroids fatigue for awhile now. Nonetheless, this is deja vu all over again as another mindbogglingly huge story that must be covered comes to light.
Here are the details of this latest revelation:
Speaking of the $16 trillion GAO audit…
BOOM! GAO audit exposed, missing some vital details:
More on how the GAO’s Fed audit failed to disclose some dirty secrets about BlackRock and JP Morgan
In its review of the Fed’s outsourcing practices, it failed to mention the most damaging and suspicious sole-source (no bid) contract awarded to BlackRock, which was for handling the New York Fed’s toxic Bear Stearns portfolio, otherwise known as Maiden Lane. This contract would generate $108,000,000 in fees and was one of the largest awarded during the bailout period, but it might also have saved JP Morgan $1.1 billion in losses from its Bear Stearns acquisition….
Also, BlackRock was also one of the managers of the NY Fed’s separate $1.25 trillion MBS purchase program as part of QE1. Contrary to the lie on the NY Fed’s webpage (that the MBS auctions were conducted via competitive bidding), the NY Fed’s own purchasing manager, Brian Sack, admitted in a paper that, “the MBS purchases were arranged with primary dealer counterparties directly, [and] there was no auction mechanism to provide a measure of market supply.”
Putting it all together, it looks like Jamie Dimon signed off on hiring BlackRock for no justifiable reason to trade the very Maiden Lane portfolio that could have caused his bank, JP Morgan, to lose up to $1.1 billion. And, it was entirely possible that BlackRock saved the portfolio by trading the MBS portion of ML with the New York Fed directly as QE1 was underway. [read full report]
BOOM! Bear Stearns exposed:
Report Says Bear Stearns Executives Sold Illegal RMBS and Covered It Up
Former back office employees from Bear Stearns are coming out of the woodwork to explain how Tom Marano’s mortgage group cheated their own clients out of billions. This week I reported at The Distressed Debt Report, EMC insiders say they were told to make up the classification for whole loans, packaged into mortgage securities, to get them switched out of the trust. By classifying the loans as ‘prepaid’ or having ‘subsequent recoveries’ Bear employees were able to fool the trustee into giving them back loans they were not able to legally service. A move New York Attorney General Eric Schneiderman is actively investigating now.
In my latest DealFlow story we hear from EMC staffers who describe how subprime loans, that would have been sold by Bear Stearns trader Jeff Verschleiser’s team, never had a proper servicing license in West Virginia when they were packaged into the residential mortgage backed security. In 2003 Bear/EMC put $100 million of subprime loans from West Virginia into a few RMBS transactions. EMC, the banks wholly owned mortgage servicing shop, would service all of Bear’s RMBS after they were sold.
A year latter, when senior executies realized the mishap instead of Bear going out and informing their regulator and applying for a license, they orchestrated a cover up and even threaten EMC employees not to talk about it. [read full report]
The big banks are getting lit up!
You shall reap what you sow.
Karma is a … bit@h. [read full report]
Let’s end with this video. We need to keep in mind that the Federal Reserve has known about all of this criminal activity from the start. Yet, they have done everything they could, and are still trying, to keep this criminal operation up and running. As all these criminal banks begin to blow up, let’s not forget who their central bank is and what they have done to the American people.
Cenk, take it away and drive the point home:
Bank Of America Plaza Threatened WIth Foreclosure (huffingtonpost.com)
BofA Lagging Competitors In Complying With New Capital Rules(huffingtonpost.com)
Eurozone Banks Borrow Half a Trillion (247wallst.com)
BofA to offer rentals as foreclosure alternative (news.yahoo.com)
Whistleblower: BofA Kept Homeowners Out Of Government Program(huffingtonpost.com)
Record $6 Trillion of Fake U.S. Bonds Seized
By Elisa Martinuzzi – Feb 17, 2012 1:01 PM ET
Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt.
The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. The Italian authorities arrested eight people in connection with the probe, dubbed “Operation Vulcanica,” the prosecutors said.
Counterfeit U.S. bond confiscated in Switzerland shown on Feb. 17, 2012. Photograph: Carabinieri/AP
The U.S. embassy in Rome has examined the securities dated 1934, which had a nominal value of $1 billion apiece, they said in the statement. “Thanks to Italian authorities for the seizure of fictitious bonds for $6 trillion,” the embassy said in a message on Twitter.
The financial fraud uncovered by the Italian prosecutors in Potenza includes two checks issued through HSBC Holdings Plc (HSBA) in London for 205,000 pounds ($325,000), checks that weren’t backed by available funds, the prosecutors said. As part of the probe, fake bonds for $2 billion were also seized in Rome. The individuals involved were planning to buy plutonium from Nigerian sources, according to phone conversations monitored by the police.
The fraud posed “severe threats” to international financial stability, the prosecutors said in the statement. HSBC spokesman Patrick Humphris in London declined to comment when contacted by telephone. The U.S. Secret Service assisted the Italian authorities, spokesman Edwin Donovan said.
Creating fake Treasuries is a “common scam, especially in Italy,” he said. The tipoff was the “astronomical” face value of each bond, he said. Fake bonds in high denominations are more common in Europe, where people are less familiar with the face value of U.S. Treasury bonds than in the U.S., he said.
Zurich’s public prosecutor’s office provided material to their Italian counterparts in Potenza in 2011, according to Corinne Bouvard, a spokeswoman for the senior public prosecutor’s office of the canton of Zurich. The Swiss part of the investigation ended on July 22, she said.
The Italian investigation initially focused on a Sicilian who was living in Potenza and was “already known for money laundering and exporting currency abroad,” according to the statement from the Potenza prosecutor’s office.
Phony U.S. securities have been seized in Italy before and there were at least three cases in 2009. Italian police seized phony U.S. Treasury bonds with a face value of $116 billion in August of 2009 and $134 billion of similar securities in June of that year.
The U.S. Secret Service averages about 100 cases a year related to bonds and other fictitious instruments.
To contact the reporter on this story: Elisa Martinuzzi in Milan at email@example.com
To contact the editor responsible for this story: firstname.lastname@example.org
$15,000,000,000,000 ($15 trillion) in fraud exposed in UK House of Lords
By: Anthony Garreffa Feb 24, 2012 11:41 am
This is a subject quite close to my chest, our current financial system. Without getting into a personal post, I’ll keep this as professional as I can and leave my opinion out of this and just post it as a pure news post to try to get this as viral as possible. I’ve noticed this post on Reddit about a $15,000,000,000,000 ($15 trillion) fraud case that was bought up to the UK House of Lords by Lord James of Blackheath.
He has noticed three separate transactions of $5 trillion each, starting with a $5 trillion transfer to HSBC in the UK, seven days later followed another $5 trillion to the HSBC, and three weeks later another $5 trillion. This is a total of $15 trillion, which has entered into the hands of the HSBC, and onward transit to the Royal Bank of Scotland. This is a serious, serious amount of money, and this story should be on every TV, Radio, Cable, Internet channel and everything in between.
Where did $15 trillion come from? Who has that sort of disposable money, without having to loan it? And if you did loan it, what kind of bank loans out $15 trillion? You have to have some very valuable assets in order to just borrow, or lend out, $15 trillion. Let’s delve into this more. Lord James of Blackheath has done his research and claims that the money is the property of what some people have called “the richest man in the world”, Yohannes Riyadi.
Lord James of Blackheath has supposedly seem some of his accounts, showing that he owns $36 trillion in a bank. $36 trillion. Yes. This number is consistant if you take into fact that he comes from the emperors of Indo-China “in times gone by”. This money has been taken from Riyadi, with his consent, by the American Treasury over the years for the “specific purpose of helping to support the dollar”. This would explain how America, and more specifically, President Obama, was able to bail out all of those banks.
The talk from Lord James of Blackheath goes onto explain that he received a document from Mr Riyadi himself, dated in February of 2006, where he says the American Government called him to a meeting with the Federal Reserve Bank of New York. This is where I love what Lord James does, he explains that the Federal Reserve, is neither a Federal Reserve, or a bank. He’s right – the Federal Reserve is a privately-owned corporation. People are waking up to this fact, that they are the ones loaning money to the federal government of America, at an interest rate mind you, and are not, in fact, federal, at all.
The document points to a supposed meeting, which was witnessed by Alan Greenspan, who was the Chairman of the Federal Reserve of the United States, signed for the Federal Reserve Bank of New York (of which he was a chairman), as well as the chairman of the real Federal Reserve of Washington. The document was signed by a witness: Timothy Geithner (who is the President of the Federal Reserve Bank of New York and the current United States Secretary of Treasury), on behalf of the International Monetary Fund. The IMF also reportedly sent two witnesses, the other being Mr Yusuke Horiguchi. The afore-mentioned gentlemen, have all signed as witnesses to the effect that this deal, is in fact, real. Lord James does not simply have a photocopy, he held in his hands, an original version of the contract.
Under the contract, the American Treasury apparently got the Federal Reserve Bank of New York to offer to buy out the bonds that were issued to Mr Riyadi to replace the cash which had been taken from him over a span of 10 years. To buy the worthless bonds, they were giving him $500 million as a cash payment. Lord James does ask to have these facts verified, where they’re a simple phone call away to Geithner and Greenspan.
In order to pass these bonds over, Riyadi put his entire asset backing behind them, which he allegedly gave for the $15 trillion. Lord James cites a letter he has from the Bank of Indonesia where they state that the whole thing is a “pack of lies”, that he did not have the 750,000 tonnes of gold which was supposed to be backing it, and that he only held 700 tonnes. Lord James says this is a piece of “complete fabrication”.
Lord James then says he has a letter from Riyadi himself, who has said that he was “put up to do this” and none of it is true, and that he has actually been robbed of all of his money. Lord James does stop for a minute to offer another reason: that Riyadi could be fabricating this as forgery in order to try and win some recovery. But why would one do that? Does anyone seriously think of making an elaborate story like this, all lies, thinking the Federal Reserve, US government, and various banks would pay you off? I don’t think so.
This is where it gets serious, and much more interesting. Each of the $5 trillion transactions had been not only acknowledged, but receipted by top senior executives at HSBC, and then again receipted by senior executives at the Royal Bank of Scotland. Lord James cites that he has receipts for all of this money. He then asks “why would any bank want to file $5 trillion-worth-$15 trillion in total-of receipts if the money did not exist?” That’s a very good question.
Lord James goes onto explain that the money had first come from the Riyadi account of the Federal Reserve Bank of New York, and from there was passed to JP MorganChase in New York, to which it was sent to London. This means it was a “SWIFT” note, where SWIFT stands for Society for Worldwide Interbank Financial Telecommunication which is “a banking industry intranet for worldwide communications and funds transfer.” This means if it were sent as a SWIFT note, and was indeed genuine, it should have been registered with the Bank of England.
Lord James, when discovering this, went to his noble friend Lord Strathclyde and asked what he should do with it. Lord Strathclyde replied with “Give it to Lord Sassoon. He is the Treasury”. Lord James did just that, and when Lord Sassoon looked at it, said “This is rubbish. It is far too much money. It would stick out like a sore thumb and you cannot see it in the Royal Bank of Scotland accounts”. He added “The gold backing it is ridiculous. Only 1,507 tonnes of gold has been mined in the history of the world, so you cannot have 750,000 tonnes”
The third thing Lord Sassoon said was, “it is a scam” and Lord James agreed with his statement. Lord James sees the light though, and said that the problem here is, at that point they stopped looking. But they should’ve been asking what the scam actually was, instead of brushing it away.
They never resolved it, that is, until just recently. Lord James says he has a “frightening” piece of paper, and that it’s his justification for bringing it to this meeting. He states that it is available on the Internet, and that he is “astonished” that it has not already been unearthed by the Treasury, because “every alarm bell in the land should be ringing if it has”. What is the document? The document in question is from the general audit office of the Federal Reserve in Washington, the “real” Federal Reserve.
The document is an audit review to the end of July of 2010 on the Federal Reserve Bank of New York. Lord James cites that it has some 20 banks listed, to which $16.115 trillion is outstanding on various loans. There are two other interesting things to note. One, that Barclays Bank has $868 billion in loans, and that the Royal Bank of Scotland has $541 billion. Lord James says that one has to ask a question, “because they could have earned back in three weeks their entire indebtedness and could pay off the taxpayers of Britain. Why have they not done so and could we please ask them to put a cheque in the post tonight for the whole $46 billion?”
Lord James then adds that there is something else very wrong with this list, is that every bank on it, without exception, is an MTN-registered bank. This means that they are registered to use medium-term notes to move funds between themselves with an agreed profit-share formula. This means the banks are investing this money, and most importantly, the Federal Reserve Bank of New York does not want any interest to be paid on the loans, totalling over $16 trillion.
Lord James says that the IMF have very strict rules for validating “dodgy” money, where there are two ways of doing so. The first of which, you pass it through a major central bank like the Bank of England, which apparently, according to Lord James, “refused to touch this”, alternatively, you put it through an MTN-trading bank, which is then able to use the funds on the overnight European MTN trading market where they have the ability to earn between 1- and 2.5-percent profit, per night. Lord James adds that the interest on that sum is “huge” and if genuine, a “vast profit is being made on this money somewhere.”
Lord James does one better than most people would do, and has put everything he has on the subject onto a 104-megabyte flash drive. He requests that the Government to take it all, and put it to “some suitable investigative bureau and find out the truth of what is going on here, because something is very seriously wrong”. He continues that either they have a huge amount of tax uncollected on profits made, or they have a vast amount of money “festering away” in the European banking system, which is “not real money”.
Lord James asks for an investigation, and for his noble Lords to support his plea. This is also my personal plea. We are all humans of this planet, I don’t care of race, color, religion, or anything else. I think war is pathetic and I think we need to end it. First, we need to end this perpetual state of debt that our current financial system provides. War should be wiped away, and the time, money, man-power, dedication, power, and more, should be pushed toward peace, and sustainability of the human race on this planet.
Please share this amazing story with as many people as you can through Facebook, Twitter, Google+, your local RSL, or whatever. This is a huge story, and could explain so many things that are wrong with our governments and financial system.
You be the Judge is the
Cabal Really Coming Down
or is this just another