The Great Banking Purge
of 2014
In the last month we had an epidemic
of International Banking Deaths - The latest count is up to 21
bankers suicides (or ?) so far in 2014 - including the last banker
suicide from JP Morgan, and since the great purge is on, certainly
there are a lot more banker suicides on the way..
Today there's massive fraud,
manipulation and corruption in various important markets including
the gold market, in the forex market, the oil market and so on...
Start watching on point 9:00 of this video.
Start watching on point 9:00 of this video.
Coast to Coast AM – February 20,
2014
The banksters on the inside at JP
Morgan (The Morgue) they must be talking among themselves and they
must be very nervous, and they might be wondering who's next.
The problem is massive and it's getting
completely out of control.
In a matter of a month all these
bankers have been killed (officially they committed suicide).
Two of the bankers from JP Morgan one in London (Gabriel Magee) and the other one from New York (Ryan Henry Crane), they were both young and they had very similar jobs. Ryan Crane was in charge of platform trading and he knew the ins and out of the programs, and he was in constant communications with London. And Gabriel Magee was the head of IT in London and these two guys would be looking at the same systems, the same trade desks, the same spreadsheets, they would be looking at the same numbers. They shared information constantly. What these guys uncovered something so incredible that if the word out get out you would see a massive amount of arrests and people going to jail.
Two of the bankers from JP Morgan one in London (Gabriel Magee) and the other one from New York (Ryan Henry Crane), they were both young and they had very similar jobs. Ryan Crane was in charge of platform trading and he knew the ins and out of the programs, and he was in constant communications with London. And Gabriel Magee was the head of IT in London and these two guys would be looking at the same systems, the same trade desks, the same spreadsheets, they would be looking at the same numbers. They shared information constantly. What these guys uncovered something so incredible that if the word out get out you would see a massive amount of arrests and people going to jail.
This suicide is a cleaning house method
that is underway. What these guys uncovered that was so big that led
to their demise?
Most of these guys were young, they had very good lives, a stable family, and hundreds of thousands of US dollars in the bank, and some of them had a little over one million dollars in the bank, and they had no reason to kill themselves is what family and friends are saying.
Going back to 2012, the London whale
trades turned to be a major loss of money to JP Morgan, first were
reported $ 2 billion dollars loss, then $ 5, then $ 7, then $ 10
billion dollars, and one year later was reported that the real loss
in derivatives was over $ 100 billion dollars in that one trade, and
that was confirmed by various reporters and people from the
inside.
He had massive derivative losses and to hedge his bets he used as collateral Chinese gold – the Chinese were storing this gold in London at JP Morgan, and when that trade went bust they also lost the Chinese gold.
He had massive derivative losses and to hedge his bets he used as collateral Chinese gold – the Chinese were storing this gold in London at JP Morgan, and when that trade went bust they also lost the Chinese gold.
Now in the fall of 2013 JP Morgan
announced that they were getting out of the commodities business, a
major player was leaving the commodities market, that was a shock to
the system, and soon after that they also announced that they were
selling their world-headquarters (real estate) in lower Manhattan.
That building has the largest private
bank vault in the world with ten stories underground the size of a
football field and connected directly underground to the New York
Federal Reserve Bank.
They sold that property valued about $ 3 billion dollars to the Chinese government for $ 720 million, about 1/3 of the value of the property.
Why they sold so cheaply that building? To make up for the lost Chinese gold that JP Morgan used as collateral.
The head of the agency that does financial regulation in Germany said that there's massive fraud in going on in the gold market that is even bigger than what is going on with Libor.
There's massive manipulation in the forex,, in the gold,, silver, and oil markets.
When the German regulators started investigating the Deutsche Bank they started realizing that something was going on and their investigation took them to the London system that fix the price of gold, and they were finding fraud everywhere and two major players Deutsche Bank and JP Morgan had a very close trading relationship. And at the same time JP Morgan announced that they were getting out of the commodities business the Deutsche Bank announced the same thing, and soon after that William Broeksmit the co-chief executive of Deutsche Bank was found dead in his London house.
They sold that property valued about $ 3 billion dollars to the Chinese government for $ 720 million, about 1/3 of the value of the property.
Why they sold so cheaply that building? To make up for the lost Chinese gold that JP Morgan used as collateral.
The head of the agency that does financial regulation in Germany said that there's massive fraud in going on in the gold market that is even bigger than what is going on with Libor.
There's massive manipulation in the forex,, in the gold,, silver, and oil markets.
When the German regulators started investigating the Deutsche Bank they started realizing that something was going on and their investigation took them to the London system that fix the price of gold, and they were finding fraud everywhere and two major players Deutsche Bank and JP Morgan had a very close trading relationship. And at the same time JP Morgan announced that they were getting out of the commodities business the Deutsche Bank announced the same thing, and soon after that William Broeksmit the co-chief executive of Deutsche Bank was found dead in his London house.
There's massive fraud and corruption
that is being uncovered in the:
1) The Libor scandal has affected $ 800
trillion dollars of paper transactions.
2) Massive fraud and corruption in the
“precious metal market.”
3) Massive fraud and corruption in the
“forex market.”
What is underway in South Africa, in Venezuela, in the Ukraine, and in many other places has everything to do with the massive fraud and corruption that is going on in these markets.
All these problems are connected and the global Anglo/American banking structure is collapsing and petrodollar system is fighting for its survival.
Today we have 24 of the largest
economies in the world are setting up currency swaps to by pass the
US dollar.
Australia just made an agreement to buy
oil from the Chinese in yuan to bypass the US dollar.
When you look at in 2012, and 2013, in
those 2 years, every single trade agreement, every single global
market and regulation have to do with accepting the convertibility of
the yuan, and the establishment of gold as a trade settlement, and
nothing in the last two years of regulations nothing mentions the US
dollar.
Shocks to the
petrodollar system
1) Russia made a major $ 270 billion
dollar energy deal with China and the major Chinese company will be
the wholesaler of Russian oil.
2) Russia to buy Iranian oil to the
tune of 500,000 barrels per day, and sell it at a very sweet profit.
3) Iran to sell oil to Turkey and India
and settle it with gold.
4) Countries such as Brazil are in the process of selling their commodities to China and Russia in local currency.
4) Countries such as Brazil are in the process of selling their commodities to China and Russia in local currency.
5) And many countries are entering currency agreements with China to trade in their local currency, including the European Union and China.
In the forex market today the US dollar is synonymous with volatility, and devaluation.
We are going through the biggest event
that will affect the lives of people living in the US, we are in the
midst of the greatest transition in economic history.
Because the US dollar was the main reserve currency the US had a major benefit of being able to export its inflation, because food and commodities were traded in US dollar – and that system is coming very quickly to an end. And that is going to end the end of empire and the end of the Anglo/American banking structure.
The Chinese are buying idle manufacturing and industrial parks all over the United States to use the massive amount of US dollars that they are holding, and they are buying hard assets with their US dollars.
And when these global currency re-set
does occur you are going to see 70 to 80 percent devaluation of the
US dollar – then what happens to all these factories and industrial
parks that the Chinese are buying?
As a result Americans will be an of the lowest wage earners in the world, and Americans will be working for nothing on these sweatshops making all kinds of goods for the Chinese.
As a result Americans will be an of the lowest wage earners in the world, and Americans will be working for nothing on these sweatshops making all kinds of goods for the Chinese.
That is where our system is heading to.
*****
In the last month we had an epidemic of International Banking Deaths
In the last month we had an epidemic of International Banking Deaths - The latest count is up to 21 bankers suicides (or ?) so far in 2014 - including the last banker suicide from JP Morgan, and since the great purge is on, certainly there are a lot more banker suicides on the way..
Two high-profile and high-up American
bankers in London have killed themselves in separate incidents that
took place within a couple days of each other.
A string of recent deaths among finance
workers has stunned the City of London, a 39-year-old man died
Tuesday morning, January 28, 2014 after falling from J.P. Morgan
Chase & Co.'s skyscraper in
Canary Wharf, one of London's main financial districts, according to a police statement. The J.P. Morgan employee, Gabriel Magee, landed on a ninth-floor roof and was pronounced dead at the scene. Mr. Magee was a vice president in the investment bank's
Canary Wharf, one of London's main financial districts, according to a police statement. The J.P. Morgan employee, Gabriel Magee, landed on a ninth-floor roof and was pronounced dead at the scene. Mr. Magee was a vice president in the investment bank's
He was a vice president in
the corporate and investment bank technology department having joined
in 2004, moving to Britain from the United States in 2007.
Mr Magee, who lived in North London, was an expert in highly specialist software which reaps huge profits for the US company by predicting market patterns.
It is understood that Mr
Magee’s girlfriend had reported him missing the previous evening.
***
On Jan. 26, 2014 William Broeksmit, age
58, a former Deutsche Bank and Merrill Lynch executive with close
ties to the co-chief executive of Deutsche Bank was found dead in his
South Kensington home in London after police received reports of a
man found hanging in his house.
Probably on the evening of Jan. 27, 2014 a senior manager at J.P. Morgan’s European headquarters plunged to his demise from the bank’s headquarters in the same city. And several days later, in Washington state, the chief economist for Russell Investments fell down a 50-foot embankment and died.
Probably on the evening of Jan. 27, 2014 a senior manager at J.P. Morgan’s European headquarters plunged to his demise from the bank’s headquarters in the same city. And several days later, in Washington state, the chief economist for Russell Investments fell down a 50-foot embankment and died.
Ryan Henry Crane, a Harvard graduate, was an Executive Director in JP Morgan's Global Program Trading desk. Ryan Henry Crane of Stamford, Connecticut died Monday, February 3, 2014. He was 37-year-old who worked at the bank in New York, and was found dead in his Connecticut home.
In the latest of a series
of fatal falls, a 33-year-old J.P. Morgan employee leapt from the
roof of J.P. Morgan’s Hong Kong headquarters on Tuesday, February
18, 2014, plunging thirty stories to his death.
According to police, the
JPMorgan banker in Hong Kong who committed suicide, Dennis Li Junjie,
33, jumped from the roof of the 30-storey Chater House after
attempts to talk him down failed.
In a related case
Police have yet to find
any trace of David Bird, age 55, a 20-year veteran of the Wall
Street Journal who covered commodities
markets and was last seen leaving his New Jersey home January 11,
2014.
Bird was reporting on
global and U.S. energy commodities at the time of his death, a
subject under investigation by the U.S. Senate’s Permanent
Subcommittee on Investigations for possible manipulation. In
December, he reported on OPEC’s struggle to maintain oil market
stability; his beat also included shale oil reserves.
The Senate took up the cause of possible oil and aluminum market manipulation last July. Among those targeted in the probe, according to The Journal, were J.P. Morgan, Goldman Sachs and Morgan Stanley.
********************************
Purge = an abrupt or violent removal of a group of people from an organization or place.
*****
Max Keiser: “He Had Them Taken Out” – Lloyd Blankfein Source Of Banker ‘Suicides’?
Wednesday, February 19, 2014
In this brand new video from RT, Max Keiser confirms that first reported on Before It’s News that up to 20 bankers have been found dead and Lloyd Blankfein appears to be the reason why. Stating that either (a) the bankers were about to blow the whistle on Lloyd Blankfein and he had them ‘taken out’(Is THIS why the ‘fat cats’ are running scared?) or (b) they all committed suicide because they were ALL associated with Lloyd Blankfein, Max concludes “imagine that you’re associated with Lloyd Blankfein and you KNOW that your boss is committing a financial holocaust, WOULD YOU NOT want to kill yourself?”
Note: Lloyd
Blankfein is the Godfather of “Goldman Sachs the Pillage People”
and their network of thieves
*****
Goldman Sachs Robbed You Of Five Billion Dollars regarding aluminum, and over $ 200 billion dollars regarding all commodities.
Goldman Sachs Robbed You Of Five Billion Dollars regarding aluminum, and over $ 200 billion dollars regarding all commodities.
The crooks from "Goldman Sacks the Pillage People" take all their customers for a ride.
Today you have to be a real idiot to still doing business with the crooks from "Goldman Sacks the Pillage People".
"Goldman Sacks the Pillage People" doesn't have an idea on how to make an honest buck - everything they do is to make money by screwing somebody...a customer, a city, a state, a country, and so on....
Basically, if you still doing any business with these crooks then you deserve to lose your shirt - it will be just a matter of time for you also to be screwed by "Goldman Sacks the Pillage People" and their network of thieves...
***
The Young Turks – July 25, 2013
How Goldman Sachs Robbed You Of Five Billion Dollars
"The U.S. Department of Justice
has started a preliminary probe into the metals warehousing industry
following complaints that storage firms owned by Wall Street banks
and major traders have inflated prices, sources familiar with the
matter said."*
Wall Street can rob you indirectly too-- how are Goldman Sachs and other big banks artificially manipulating the aluminum market and other commodities to make consumers needlessly pay more for everyday items, netting them billions of excess dollars? Cenk Uygur breaks down the disturbing findings.
Wall Street can rob you indirectly too-- how are Goldman Sachs and other big banks artificially manipulating the aluminum market and other commodities to make consumers needlessly pay more for everyday items, netting them billions of excess dollars? Cenk Uygur breaks down the disturbing findings.
*****
Rolling Stone – February 12, 2014
Rolling Stone – February 12, 2014
The Vampire Squid Strikes Again: The
Mega Banks' Most Devious Scam Yet - Banks are no longer just
financing heavy industry. They are actually buying it up and
inventing bigger, bolder and scarier scams than ever – By: Matt
Taibbi
Call it the loophole
that destroyed the world.
*****
The Great Banking Purge of 2014
In the last month we had an epidemic of International Banking Deaths - The latest count is up to 21 bankers suicides (or ?) so far in 2014 - including the last banker suicide from JP Morgan, and since the great purge is on, certainly there are a lot more banker suicides on the way..
*****
The Great Banking Purge of 2014
In the last month we had an epidemic of International Banking Deaths - The latest count is up to 21 bankers suicides (or ?) so far in 2014 - including the last banker suicide from JP Morgan, and since the great purge is on, certainly there are a lot more banker suicides on the way..
Today there's massive fraud,
manipulation and corruption in various important markets including
the gold market, in the forex market, the oil market and so on...
I wouldn't be surprised if the current
“Epidemic of International
Banking Deaths” starts spreading also to an
organization such as "Goldman Sacks the Pillage People" and
their network of thieves...
In the same way that the banksters on
the inside at JP Morgan (The Morgue) must be talking among themselves
and they must be very nervous, and they might be wondering who's
next...the scoundrels at "Goldman Sacks the Pillage People"
and their network of thieves probably are wondering when the great
banking purge of 2014 is going to catch up also with them.
*****
Goldman Sachs is it a Cancer or just a Parasite of the US financial system?
Goldman Sachs is it a Cancer or just a Parasite of the US financial system?
April 9, 2010
...”Goldman Sachs the Pillage
People”and their network of thieves is the most powerful Mafia
family in the United States in every way, and more profitable than
any of their peers:
1) Goldman Sachs the Pillage People
2) Lucchese
3) Bonanno
4) Gambino
5) Colombo
6) Genovese
1) Goldman Sachs the Pillage People
2) Lucchese
3) Bonanno
4) Gambino
5) Colombo
6) Genovese
*****
Japan's yakuza mobsters are becoming “Goldman Sachs with guns”
“Where there's smoke, there's
fire...”
Keep in mind that even the Japanese
Yakuza is trying to adopt the mafia model of doing business of
"Goldman Sachs the Pillage People" and their network of
thieves.
"Goldman
Sachs the Pillage People" and their network of thieves is
becoming the “ultimate model” for mafias families around
the world.
Japan's yakuza mobsters are becoming
“Goldman Sachs with guns”
Keiser Report: Banker Bego-crats –
December 5, 2013
In this episode of the Keiser Report,
Max Keiser and Stacy Herbert discuss the need for powers to stop the
aggressive banker bego-crats constantly shaking down those passing
the City. They look at 'Goldman Sachs with guns' in Japan and the
shakedown unit at RBS and their threatening messages demanding money
from small businesses.
***
France24.com
Headline news in Japan
Japan's yakuza mobsters are becoming “Goldman Sachs with guns” - experts say the yakuza is branching far outside their traditional business into everything from insider trading to funding business startups. “Insider trading has become huge...you can make much more money manipulating stocks” than extorting businesses, says Jake Adelstein, a crime writer whose bestselling memoir “Tokyo Vice” is set to become a Hollywood movie in 2014.
***
From the only American journalist ever to have been admitted to the insular Tokyo Metropolitan Police press club: a unique, firsthand, revelatory look at Japanese culture from the underbelly up.
At nineteen, Jake Adelstein went to Japan in search of peace and tranquility. What he got was a life of crime . . . crime reporting, that is, at the prestigious Yomiuri Shinbun. For twelve years of eighty-hour workweeks, he covered the seedy side of Japan, where extortion, murder, human trafficking, and corruption are as familiar as ramen noodles and sake. But when his final scoop brought him face to face with Japan’s most infamous yakuza boss—and the threat of death for him and his family—Adelstein decided to step down . . . momentarily. Then, he fought back.
In Tokyo Vice, Adelstein tells the riveting, often humorous tale of his journey from an inexperienced cub reporter—who made rookie mistakes like getting into a martial-arts battle with a senior editor—to a daring, investigative journalist with a price on his head. With its vivid, visceral descriptions of crime in Japan and an exploration of the world of modern-day yakuza that even few Japanese ever see, Tokyo Vice is a fascination, and an education, from first to last – on this book he said: 'Japan's yakuza mobsters are becoming “Goldman Sachs with guns”...'
***
France24.com
Headline news in Japan
Japan's yakuza mobsters are becoming “Goldman Sachs with guns” - experts say the yakuza is branching far outside their traditional business into everything from insider trading to funding business startups. “Insider trading has become huge...you can make much more money manipulating stocks” than extorting businesses, says Jake Adelstein, a crime writer whose bestselling memoir “Tokyo Vice” is set to become a Hollywood movie in 2014.
***
From the only American journalist ever to have been admitted to the insular Tokyo Metropolitan Police press club: a unique, firsthand, revelatory look at Japanese culture from the underbelly up.
At nineteen, Jake Adelstein went to Japan in search of peace and tranquility. What he got was a life of crime . . . crime reporting, that is, at the prestigious Yomiuri Shinbun. For twelve years of eighty-hour workweeks, he covered the seedy side of Japan, where extortion, murder, human trafficking, and corruption are as familiar as ramen noodles and sake. But when his final scoop brought him face to face with Japan’s most infamous yakuza boss—and the threat of death for him and his family—Adelstein decided to step down . . . momentarily. Then, he fought back.
In Tokyo Vice, Adelstein tells the riveting, often humorous tale of his journey from an inexperienced cub reporter—who made rookie mistakes like getting into a martial-arts battle with a senior editor—to a daring, investigative journalist with a price on his head. With its vivid, visceral descriptions of crime in Japan and an exploration of the world of modern-day yakuza that even few Japanese ever see, Tokyo Vice is a fascination, and an education, from first to last – on this book he said: 'Japan's yakuza mobsters are becoming “Goldman Sachs with guns”...'
***************************************
Here are some other articles on the same subject:
http://canadafreepress.com/index.php/article/61200#.Uwl_ot9nFc0.twitter
Here are some other articles on the same subject:
http://canadafreepress.com/index.php/article/61200#.Uwl_ot9nFc0.twitter
*****
Alert: At Least 20 Bankers Now Dead!
And
Jim Willie on Bankster Suicides:
Bankers Were Taken Out to Prevent “FOREX” Fraud Whistleblowing!
*****
Greg Hunter – January 20, 2014
Dr. Paul Craig Roberts,
the Father of Reaganomics, predicts, "I think, this year, you
are going to see a further downturn in the economy. The signs are not
only that we do not have a recovery, but it's going to get worse. . .
.
*****
“Goldman Sachs the Pillage People” and their network of thieves are destroying also the US economic and financial system.
*****
“Goldman Sachs the Pillage People” and their network of thieves are destroying also the US economic and financial system.
In this episode of the Keiser Report,
Max Keiser and Stacy Herbert discuss the last contagion in London,
where even if an investor lives 200 fricking years, he'll never
discover the vampire squid's true nature. They also cover the spate
of banker suicides and the wholesale merger of high finance with
heavy industry.
*****
Greg Hunter – December 24, 2013
Rob Kirby of KirbyAnalytics.com claims
the U.S. "arbitrarily set the price of all strategic goods in
the market." As an example of control, Kirby explains, "We
have 10-year U.S. bond rates under 3%, and I would say the United
States is actually insolvent, and we have countries like Greece where
10-year bonds are yielding over 9%." When does this end? Kirby
points to look to the finite physical gold market and massive Chinese
global buying for a clue. Kirby says, "When China doesn't get
their gold, that's when this ends, and that might be when we have a
war." Join Greg Hunter as he goes One-on-One with Rob Kirby of
KirbyAnalyitics.com
*****
The financial system is
near meltdown worse than 2008. Look at the amount of banksters who
committed suicide in the last two weeks – A bout 3 days ago Alex
Jones mentioned on his show that more than 20 banksters killed
themselves or someone killed them, because of the what's going on
regarding this massive financial crisis that is spinning completely
out of control, and the possibility of an international monetary
collapse.
By the way, the last banksters who committed suicide in the last two weeks was from JP Morgan....
By the way, the last banksters who committed suicide in the last two weeks was from JP Morgan....
Start watching this video on point 1:34
to 2:00 to see the interview with Paul Craig Roberts, and from point
2:12 to 3:05 to see the interview with Gerald Celente.
At point 2:34 of the video Alex Jones mentioned the high number of bankers that committed suicide in the last 2 weeks.
At point 2:34 of the video Alex Jones mentioned the high number of bankers that committed suicide in the last 2 weeks.
On the Wednesday, February 12 broadcast
of the Alex Jones Show, Jones breaks down the stock market's heavy
reliance upon the fed's QE bond buying stimulus and easy money
printing schemes, as the market reacts eerily similar to how it did
right before the stock market crash of 1929 which ushered in the
Great Depression.
On today's show, Alex speaks with
American economist and Assistant Secretary of the Treasury in the
Reagan Administration, Paul Craig Roberts, about how Washington
funded NGOs are purposely attempting to deliver Ukraine into the
clutches of the EU. Jones also discusses the very real prospect of
engaging in war with China, Russia or Iran with renowned
international trends forecaster and publisher of the Trends Journal,
Gerald Celente. We'll also cover why it's better to be a prepper in
Atlanta during a snowstorm, the possibility of coordinated attacks on
the power grid, and other hot news items. We'll also take your calls
on this worldwide transmission.
*****
Greg Hunter – October 29, 2013
Time: 45 min.
According to Jim Sinclair of
JSMineset.com, by 2016, "Gold will be $3,200 to $3,500 an
ounce." By 2020, Sinclair predicts, "Emancipated gold will
be $50,000 per ounce." As far as gold confiscation goes,
Sinclair says that Its not going to happen, but a windfall tax could
definitely be in the cards. Join Greg Hunter as he goes One-on-One
with renowned gold expert Jim Sinclair.
**
Annihilation of U.S. Dollar Coming-Jim Sinclair – October 30, 2013
Renowned gold expert Jim Sinclair says
financial calamity is just around the corner for America. Sinclair
contends, “We are facing the annihilation of currency. We are
facing the shift of America as the leading and most influential
nation of the world to some form of banana republic. . . . If it
wasn’t for food stamps, we would be facing long lines of people
waiting for free food.” For gold, everything hinges on the U.S.
dollar, and Sinclair says, “I think the dollar gets hammered. I
believe we are headed for hyperinflation.” One of the many black
swans, according to Sinclair, is the possible abandonment of the U.S.
dollar by Saudi Arabia. If Saudi Arabia stopped selling oil only in
U.S. dollars, what would that do to the buying power of the buck?
Sinclair says gasoline would be “$10 a gallon very soon, without a
doubt.”
Sinclair predicts retirement funds and
bank deposits are going to be taken by the government. How much of
your money could you lose? Sinclair says, “In Cypress, it was a
total of 83%. . . . Cypress is the blueprint, and it’s what we are
going to experience here in the United States.”
Jim Sinclair, who has just accepted
the position as Chairman of the Advisory Board for the establishment
of the Singapore Gold Exchange, says, “The exchange will trade
physical gold only and not future gold. . . . You have to make
delivery.” Meaning, there will be no naked short selling or
manipulation of this new market. Sinclair says, “This will
emancipate gold from the paper price.” How high will gold go?
Sinclair predicts, by 2016, “Gold will be $3,200 to $3,500 an
ounce.” By 2020, Sinclair predicts, “Emancipated gold will be
$50,000 per ounce.”
***
May 18, 2010
..."The single reason Jim Sinclair
would be able to accurately predict the exact timing of the dollar
collapse would be his access to inside information at the highest
level. It should not be overlooked that Jim Sinclair's ancestors, the
House of Seligman, partnered with the House of Rothschild and the
House of Morgan, which places him in the inner circle of the Learned
Elders of Sion."
***
Saturday, August 16, 2003
Author: Jim Sinclair
Author: Jim Sinclair
*****************************
Related stories:
Global Research, February 14, 2014
Related stories:
Global Research, February 14, 2014
Suicides of Bank
Executives, Fraud, Financial Manipulation:
JPMorgan Chase Advisor
Tony Blair is Not Involved
*****
Highly Suspicious 12 Banker Suicides Linked to JP Morgan Investigation for Forex Manipulation. Continuing Investigation (Video) – February 21, 2014
12 Banker Suicides Linked to JP Morgan Investigation for Forex Manipulation
*****
The Denver Post – February 7, 2014
*****
Insider warns that more banker
assassinations are coming – February 5, 2014
*****
International Business
Times (UK) – January 28, 2014
William Broeksmit Suicide?
Ex-Deutsche Bank Executive Found Hanging at London Home
*****
Business Insider – January 31,
2014
Chief economist’s
apparent suicide is the latest in a series of bizarre deaths in the
financial world this week
*****
Suppose it really was suicide by
choice?
Last
Friday, HSBC Banks in London began restricting bank withdraws to
nothing over 3,000 pounds then relaxed that a bit if you could prove
to the banks satisfaction why you needed it. Now a Russian Bank has
halted all cash withdraws until next week. And now two top ranking
American bankers working in senior positions in London have committed
suicide in the space of two days.
Something going on in the banking world? Coincidences ???
Something going on in the banking world? Coincidences ???
Suppose
it really was suicide by choice?
*****
Global Research, February 4, 2014
Death and Derivatives: Towards the
Implosion of the Global Financial System?
...On the other hand neither of these
men had any obvious problems and both were immensely wealthy. So why
would two senior bankers commit suicide within a couple of days of
each other?
One place to start is to note that JP
Morgan Chase had, at the end of 2012, a mind boggling, but only
silver medal, $69.5
Trillion with a ‘T’ gross notional Deriviatives exposure .
While the gold medal for exposure to Derivative risk goes to
…Deutsche Bank, with $72.8 or €55.6 Trillion Gross Notional
Exposure. Gross Notional means this is the face value of all the
derivative deals it has signed. Which the bank would be very quick to
tell you would Net Out to far, far less. Netting Out, for those of
you who do not know just means that a bet/contract in one direction
is considered to balance or cancel out a similar sized bet/contract
betting the other way. But as I wrote in Propaganda
War – Risk Weighted Lies and further in Propaganda
Wars – Balance Sheet Instabilities,…this sort of cancelling
out is fine on paper but in reality is more akin to people trying to
swap sides in a rowing boat.
Both of the men who killed themselves
were intimately concerned with judging and safeguarding their bank
from risk.
To give you an idea what sort of risk
that size of a derivatives book is consider that the entire GDP of
Germany is €2.7 Trillion. Remember that Derivatives are what Warren
Buffet dubbed “weapons of financial mass destruction.”
Next question might be, when do these weapons become dangerous? The answer obviously varies in accordance with the type of derivative you are considering. One huge group of derivatives that both JP Morgan and Deutsche both deal very heavily in are currency and interest rate swaps. They become dangerous when there are large moves in currency values and interest rates.
At the moment The Tukish Lira has been
in free fall for days. The Turkish central bank tried to defend it
and could not stem an unstoppable tide. It then stunned everyone by
raising its over-night lending rate (the interst rate it charges to
lend to banks over-night) from 4.25% to 12 %!
This did not work either and today the Lira continues to be in crisis, as is the whole Turkish stock market.
The Hungarian
Forint is also crashing. As is the entire Argentinian economy.
The Peso fell 10% in a single day recently. At the same time there is
massive uncertainty surrounding Ukraine as there is also surrounding
the interest rates and stability of South Africa.
So imagine you are a large bank with
huge derivatives business much of which covers bets in your equally
large Foreign Exchange business. Essentially that boat in which you
are hoping you can ‘net out’ about 70 Trillion dollar’s worth
of derivatives positions is now being bounced about by several large
storms.
Many of those derivatives contracts
would have been entered into during Mr Broeksmit’s tenure at
Deutsche, while Mr Magee would have been overseeing and advising on
his bank’s risk exposure as it swayed about over at JP Morgan.
And so on....
*****
CNN Money – February 17, 2014
Ex-Barclays bankers charged with
Libor rigging
*****
An Interview With Michael Hudson on
Economic Violence – February 17, 2014
Today
we’re joined by Professor Michael Hudson. He’s a research
professor of economics at the University of Missouri in Kansas City.
He’s also the author of “The Bubble and Beyond” which is his
latest book, and “Super Imperialism: The Economic Strategy of
American Empire” which I’ve read myself and is a brilliant read,
you should go out and check that out.
...Prof. H: Look, criminal behavior’s
the real common denominator. That’s pretty universal.
*****
Intellihub News – February 25,
2014
Trail of dead bankers reaches
Arizona, death count is now at 9
Another successful banker mysteriously
turns up dead, bringing the total of recent suspicious deaths in the
financial industry to 9
SCOTTSDALE, AZ (INTELLIHUB)
— Former National Bank of Commerce CEO James Stuart Jr. was found
dead, the morning of Feb. 19. A family spokesman did not say what
caused the death. This brings the total of banker deaths in recent
weeks to 9, and like the other recent deaths, this one comes with no
explanation.
*****
The Market Oracle – February
9, 2014
Financial, Gold, Stocks Markets
Manipulation's Becoming More Extreme, More
Desperatehttp://www.marketoracle.co.uk/Article44348.html
...In two recent articles we explained
the hows and whys of gold price manipulation. The manipulations are
becoming more and more blatant. On February 6 the prices of gold and
stock market futures were simultaneously manipulated.
*****
.
