Brown Brothers, Harriman. CIA and boss of the following people
• Allen Dulles, future Director of the CIA and boss of the following people, a principal of Bank of New York, and legal representative of Brown Brothers, Harriman.
• Henry S Morgan and Spencer Morgan. Henry and Spencer were the sons of JP Morgan, and would return from their service to manage the financial empire that would evolve from JP Morgan to `Morgan and Chase' to then to `Chase Manhattan' to finally what in 2008 was known as Chase.
In Scrutiny of JPMorgan Loss, Bigger Questions Left Unanswered By JESSE EISINGER, ProPublica
Keith Bedford/Reuters Jamie Dimon, chairman and chief executive of JPMorgan Chase. The Securities and Exchange Commission and the Federal Bureau of Investigation are looking into JPMorgan Chase’s trading debacle — and if you think anything is going to come of that, well, I’m pretty sure that JPMorgan has some derivatives it would love to sell you.
A serious investigation is still necessary. The first lesson of the financial crisis is not that the capital markets were poorly regulated or that the banks were too leveraged or that the government needed better processes for taking over failing institutions.
The first lesson is that when they are in trouble, banks will mislead the world about their financials. And some will lie. Richard S. Fuld Jr. of Lehman Brothers, E. Stanley O’Neal of Merrill Lynch and Charles O. Prince of Citigroup all played down their banks’ exposures before their institutions took vast losses. Were they deliberately misleading? Because of the failures to investigate the financial crisis adequately, we still don’t know.
But we do know that when banks hide their problems, they metastasize and can hurt the economy.
So before we move on to other vital discussions — about tightening the Volcker Rule, preventing the rollback of Dodd-Frank’s derivatives provisions, whether these banks are Too Big to Manage and more — we need to go back to the basics.
What did Jamie Dimon, the bank’s chief executive, and Doug Braunstein, the chief financial officer, know and when did they know it? Were JPMorgan’s first-quarter earnings accurate? Were top JPMorgan officials misleading when they discussed the chief investment office’s investments?
Perhaps JPMorgan was a model of probity, but so far these questions have been given only glancing treatment. The news coverage has largely focused on how the bank took the losses, what went wrong with its risk management and what it’s doing now. The commentary has mostly gone straight to discussing the implications for banking reform.
That’s already a victory for bankers — including Mr. Dimon. The first question on everyone’s mind should be whether any existing laws were broken.
That it hasn’t been asked shows how little true accountability there has been since the financial crisis. No top-tier banker has gone to prison for the many bank failures, the deceptive sales practices or the misrepresentations of the books. As a society, we have thrown up our hands at Too Big to Prosecute financial fraud.
Granted, it’s also because Mr. Dimon is charming. Last week, in his extraordinary conference call, he was refreshingly straightforward and made a big show of contrition. He repeatedly said things chief executives don’t say, calling his bank “stupid” and its conduct “egregious.”
And there has been a measure of internal accountability: JPMorgan cashiered the three top executives responsible for the trading loss.
But we still don’t know enough about the timing of these losses.
The broader public became aware of the trades when Bloomberg News and The Wall Street Journal wrote about the “London Whale” in early April. JPMorgan dismissed concerns then.
Now the bank says that the big losses happened after the first quarter, in late April and early May.
JPMorgan reported its first-quarter earnings on April 13. That’s when Mr. Dimon and Mr. Braunstein played down the problem, including with Mr. Dimon’s now-infamous remark that reports about the trades were a “complete tempest in a teapot.”
JPMorgan was clearly executing a strategy. The bank didn’t want its trader to become a wounded zebra on the savanna, attracting predators. Had the bank owned up to the problem right away, the losses could have ballooned as other investors piled in on the other side to force JPMorgan to let go of its positions at fire-sale prices.
JPMorgan executives spread the word, whispering in the ears of reporters and analysts, that hedge funds on the opposite side of the trade were in trouble. JPMorgan signaled that it wasn’t going anywhere. It had a big balance sheet behind these trades and could hold for a very long time. Its message: Hedge funds, you’re in trouble. Sell now.
“As they started to get some scrutiny, the last thing that they wanted was to admit that the journalists had been right,” said David Murphy, a risk management specialist at Rivast Consulting.
Now we realize the bank was bluffing. And it didn’t work.
Of course, bluffing isn’t illegal. From traders’ and bloggers’ efforts to figure out what JPMorgan’s positions were, it appears that the credit-default swap indexes that the London Whale, Bruno Iksil, was speculating in started to have big moves recently. That argues in favor of the idea that the first-quarter earnings were not misstated, the most egregious potential transgression.
But there are some odd aspects. Even on Wall Street, losing $2 billion typically takes a while. The one big “London Whale Trade” — buying and selling credit-default swaps on the same index but at different expiration dates — appears to amount to only around $50 billion or $70 billion, and probably accounts for perhaps $600 million to $1 billion at most of the more than $2 billion loss, I’m told.
So there were other trades involved, which have also taken losses. From the losses that have been reported so far, the underlying value of the derivatives contracts was likely to be $250 billion to $300 billion. What were the other trades and when did those losses take place? And were positions being marked correctly?
At best, this was a huge management failure. The trades had been initiated months ago and were widely known. Earlier in the year, people inside the bank spoke of Mr. Iksil as “defending his positions.” That carries the implication that he was doubling down, to force the market in the opposite direction. That’s a rookie trading mistake, one presumably approved by his bosses.
It’s only human to have trouble owning up to mistakes. As Mr. Murphy, the risk management specialist, put it: “There’s always management pressure when it’s a big number and it’s material. ‘Are we sure?’ The last thing managers want is a big loss in quarter that then comes back right afterwards. Then they look like total idiots.”
But given the outstanding questions, looking like an idiot is the best case.
Jesse Eisinger is a reporter for ProPublica, an independent, nonprofit newsroom that produces investigative journalism in the public interest. Email: [email protected]. Follow him on Twitter (@Eisingerj).
There were at least nine federal investigations being conducted into bank accounts related to operations. All of these investigations were initiated, in 1997-98 timeframe:
The following is a summary of the book, Gold Warriors - The Vulcans - Murdering Liberty and Killing Hope on 911by Jeff Prager WHY September 11th - The Cover-up of the Black Eagle Trust and Project Hammer
With the bonds out in the market, they sat for ten years, like a ticking time bomb. At some point, they had to be settled - or cashed in, onSeptember 11, 2001. The two firms in the US most likely to be handling them would be Cantor Fitzgerald and Eurobrokers – the two largest government securities firms in the US. The federal agency mostly involved in investigating those transactions was the Office of Naval Intelligence.All three offices destroyed on Sept. 115h.
What happened to the Marcos gold after it was confiscated by US agents in 1986
What happened to the Marcos gold after it was confiscated by US agents in 1986 has never been reported, but throughout the early
1990s, the world gold market would be befuddled by the mysterious appearance of thousands of tons of gold which appeared to suppress the price of gold.
In Scrutiny of JPMorgan Loss, Bigger Questions Left Unanswered
5.14.02 INTERNATIONAL BANKING & FINANCE FRAUDSBy: V.K. Durham
To: President of the United States George W. Bush Jr. 1600 Pennsylvania Avenue Washington, District of Columbia president@w... The Islamic Development Banks, Central Bank and Legal Department
I have just sat for the last 90 minutes listening to a "tape recording" of a meeting whereas the speaker was a alleged SPACE SHIP, RELIGIOUS CULT GOD" aka HATONN aka Doris J. Ekker on one of her EGO TRIPS regarding;
a. The ongoing Banking Frauds whereas "The most wealthy nation on the face of the earth Leader who has his own army has put up "20 percent" of his wealth to assist these International Banking Fraud scam artists in their quest to restructure nations".., and
b. The individuals, though being american citizens state they are MUSLIMS, and aligned with the ASEAN which this individual pronounces ASEAWN" further stating it is different than the ASIAN ALLIANCE,
c. Further discussing "bombs on airplanes" etc.. and "The BROTHERS"..
d. Aditionally stating "We want nothing to do with Onsama Bin Laden" ..
Mr. President. We also recently received other tape recordings (which are in a very secure place based on We as Americans don't know who in the Hell to trust anymore), which describes the "entire operation being FABRICATED." This is the Global Alliance Investment Association and their issuance of Deeds of Assignment for Consideration, Joint Venture Agreements etc, in conjunction with the ASEAN and those BANKING SYSTEMS." These DOA(S) and JOINT VENTURE AGREEMENTS average 10B$ per each. Approximately "2000" of these are in the ASEAN BANKING SYSTEMS. Further, it is alleged "Collectability against the U.S. Treasury and U.S. Fed. R." Someone ( it is stated on the tapes) in the U.S. Fed. Government has allowed this FRAUD. It is believed the someone(s)" are identified in an INTER-OFFICE COMMUNICATION dated November 10, 2000 which has gone to U.S. Senator Grassley's Office in Sioux City, and to the U.S. SEC Offices among others.
For the record, a statement is made on tape "Russell Herrmans dying wishes are going to be complied with (by the Ekkers)." This would explain WHY I was denied access to the body from the evening Russell allegedly "DIED" being August 29, 1994, until September 5, 1994. To my knowledge, Mr. President; Only three people were present at the alleged time of death, and that was myself THE WIFE; THE BROTHER and DR. PETITH pronunced as "Petoo".., the Dr. who Refused to conduct an autopsy that could be used in any court of Law in this country (recorded transcript filed of public record, and previously mailed to you)." This also accounts for the PHOTOS of the BODY (a) Denying Cause of Death and (b) Time of Death also sent to you in the before mentioned mailing.
Mr. President; My husband did not know, nor had he ever met these MURDERING BASTARDS at any time prior to his Murder at the VA HEALTH CARE FACILITY IN MARION ILLINOIS.
Also. Recently we received a copy of a letter from a lady named MARGE written to E.J and Doris Ekker. This letter openly discusses BURYING OF ARMS IN BARRELS ON THEIR FARM IN "TEHACHAPI CALIFORNIA".. The date of the letter is March 12, 2000. This 3 page document was received 5/11/02. We tried to call BATF in San Franscisco which is not too far from the FARM SITE. BATF wanted us to call the TERRORIST HOTLINE. We called the TERRORIST HOTLINE. The TERRORIST HOTLINE wanted us to report our complaint to the "Local Sheriff".. The LAW allows our Local Sheriff Jurisdiction which does not exceed the COUNTY LIMITS? Again, we call information and get the telephone number of the BATF in DC. BATF in DC asks the documents be faxed. The documents were faxed to OP#26. Today, we receive a "call" from BATF Des Moines, Iowa.. This particular individual is actually "Not interested" in the information regarding BURYING OF ARMS on this FARM in TEHACHAPI CALIFORNIA by a RELIGIOUS CULT using MEXICAN WETBACKS to assist the burying of guns?
At this time, We have my husbands MURDER. Myself being threatened and terrorized in public print, with veiled suggestions of my own murder as quote The Big Bad Wolves SNUFFED the wrong party (meaning they discovered RUSSELL HERRMAN HAD NO SIGNATORY POWER ON THE "BOGUS INSTRUMENTS BEING MARKETED)" We also have INTERNATIONAL FINANCIAL TERRORISM, and a dammed JIHAD WAR..all because someone at the U.S. Fed. Level is covering for this RELIGIOUS CULT and the INTERNATIONAL BANKING FRAUDS.
President Bush; I believe "I" am owed an explanation as to WHY this is allowed without THE ARREST AND PROSECUTION of these individuals and all associated in this FINANCIAL AGGRESSION, AND TREASON AGAINST THE GOVERNMENT OF THE UNITED STATES "WE, THE PEOPLE".., and THE ISLAMIC'S are, in my opinion, also due an EXPLANATION as to WHO IN THE HELL IN THE U.S. FED. GOVERNMENT would authorize such TREASONOUS AND SEDITIOUS ACTIVITY!
A copy of this will also go to U.S. House Oversight Committee Chairman, Dan Burton. This has become "The People's Business" being the Government of the United States, at this time. If we have corruption in our Employee Status of Offices of Public Trust, then it is high time it IS INVESTIGATED, AND ROUTED OUT, AS IT ENDANGERS THE PEACE OF THE ENTIRE INTERNATIONAL COMMUNITY OF MANKIND.
I know my late husband was a "heavy hitter" in the CIA. I also know, HE WOULD BE AS TICKED OFF ABOUT THIS, AS AM I.
I do want an answer, regarding these matters, in writing; Mr. President. I take no pleasure in writing about these issues, however, it is necessary at this time to write you, and those Islamic Banks regarding these matters.
I remain-
Yours truly,
V.K. Durham also known as MRS. RUSSELL HERRMAN (HERMAN) "WIDOW" PO Box 113 Ida Grove, Iowa 51445
cc: legal
cc: BATF
Back from 1998 to just recently there was a program called the "Asean"
pronounced the ASEAWN.. which all this bogus BAT CHIT paper was being laundered
through. Bank after Bank was used, but none of this was ever put ON THE LEDGER.
THE WAY OUT OF DEBT CRISIS: PUBLIC NEEDS TO KNOW: A BANKING WAR IS GOING ON AGAINST THE U.S. FED.: IT'S TIME TO CLEAN UP
Durham (Intl. Ltd;) Holding Trust, Tias 12087 has the ability to issue the needed CREDIT at 4% Semi annual Interest for 99 years to resolve this current DEBT CRISIS facing the US CORPORATE. We can clean that DEBT UP with Specific Conditions that the Federal Reserve Bank and Central Intelligence Agency be taken out of the U.S. Dept. of the Treasury, plus the Glass Steagall Act must be reinstated, the Sherman Anti Trust Act re-instated along with Clayton Act Sec. 8 Monopoly provisions must be re-instated to comply with the United Kingdoms "Anti Corruption Act of 1899" which then should satisfy the old boys in Berne Switzerland regarding the Bassell Accords 1, 2 etc. which should ease up the tensions around the Banking World.
Everyone else has used what was alleged to be "Bonus 3392-181" issuing out bogus collateral around the world which appears to have brought another "crisis" as US EXTERNAL "OFF LEDGER" DEBTS which the Public is never made aware of which allegedly has reached $104 Quadrillion Dollars which involves Banks around the world, including China!
Durham (Intl. Ltd;) Holding Trust, Tias 12087 has the ability to issue 'lawful-legitimate' CREDIT of .10 cents on the dollar to clean this fraudulent mess up also. Same conditions of: the Glass Steagall Act must be reinstated, the Sherman Anti Trust Act re-instated along with Clayton Act Sec. 8 Monopoly provisions must be re-instated to comply with the United Kingdoms "Anti Corruption Act of 1899" which then should satisfy the old boys in Berne Switzerland regarding the Bassell Accords 1, 2 etc. which should ease up the tensions around the Banking World. Again 4% semi annual interest for 99 years to be paid to Durham Trust.
Its a start! The 'victims' can deal with the perps.. I'm not getting in to that.
Back from 1998 to just recently there was a program called the "Asean" pronounced the ASEAWN.. which all this bogus BAT CHIT paper was being laundered through. Bank after Bank was used, but none of this was ever put ON THE LEDGER. As one can clearly see in the following article by Paul at UPI [ http://upintelligence.multiply.com/reviews/item/2 ] regarding "Covered Bonds & Bank Paper Trading Fraud" you will find the most prominent individuals sitting in high places, beyond suspicion and 'above all law'.. such as Global Organization Network "IBC" Registration Office: "HORN ASSOCIATES" UN - NGO section of "GLOBAL COMPACT OFFICE" presided by, Mr, Kofi Anan.
It is clearly obvious there is a War going on being waged between Banking Cartels attempting to bankrupt the US. Its not China Alone.. It's every gold bank on the face of this earth.
This War was joined by the US with her operatives who put out "unauthorized" US GOLD DEBT instruments in the form of contracts, then lodged those contracts in gold banks in the far East, leveraged the contracts obtained "gold" which was then moved into various 'smelting firms' where the real gold was smelted down and ingots of Tungsten was plated with gold then traded as "Gold" on the open markets.. which has brought about a 'false' market price on Gold.
The exposing of this was made when Weston Frank Representing the White House/US Treasury/US Fed. R. came and made an offer to this Trust of $40 Billion Dollars to cover the two $120 Billion Dollar Transactions [which brought down the World Trade Towers 9/11/01] whch Cantor Fitzgerald, Goldman Sachs etc.. underwrote and put out into the International Banks.
Here is what WE the People are faced with. We the People are faced with a WAR being waged between the Banking Cartels who have had enough of the Federal Reserve Banking Systems heavy handedness and Predatory Banking System which you are being made aware of every time I post an article which involves JAMIE DIAMON or TIM GAITHNER, ALAN GREENSPAN, the Bush Cartel, Clinton Cartel and on and on and etc., as to how they played the game as they put the Black Ops Traders such as Guenther Horn, E.J. Ekker, Paul Morse-Moss, Weston Frank and many others working inside the banking systems moving gold, trading on the Forex [the CIA gold movers/traders] with insiders such as the former La Salle Banking Group which formerly included Jamie Diamon and his Citigroup, Bank One Group, Bank of America Group, Wells Fargo Group who have moved into the Big House of J.P. Morgan-Chase and Fed. Reserve Banking Board of Governors who pull the Wall Street chains which pulls the 'chains' of US Corporation President, Barack H. Obama and subscribing US Corporate House and Senate Members.
I'm still going to use the CIA & West Coast Fed. R. Calculations when the "Contract" for the "one time only Bonus 3392 Guano/Manuevo Contract was put out, April 1875 by the Peruvian Legislators to give all of you an idea as to how much interest on one 7% had earned through the years of compounding and successive re-compounding of interest on the old Contract which is recorded of Public Record. The amount due was calculated from May 1, 1875 to May 1, 1990 due and payable in American Gold Dollars, Gold Coin, Gold, Gold Bullion and/or Coin of the Realm. We chose GOLD BULLION as it was what was stipulated in the Guano/Manuevo Contract for Bonus 3392.
The amount calculated $206,858,581,465,280,000,000.00 at Locked Bullion Price at $420 per fine troy ounce. The calculations threw the West Coast Fed. R. Bank computers out of whack, they could not reconcile the West Coast Fed. until mid 1997. This is well known in the banking world.
Wonder if Barack H. Obama remembers his March 2006 statement which was used to 'get him into the office he currently occupys?
“The fact that we are here today to debate raising America ’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America ’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
-- Senator Barack H. Obama, March 2006
Sun, 31 Dec 2006
European nations going back to old currency?
a. Those Central Banks like everyone else 'are required to show source of collateral/funds'..or Good, Clean, Clear Marketable Funds. Greenspan's say-so has proven 'not enough' considering it is reported "80% of THE EURO is underwritten with "UnAuthorized Collateral" from the 1991 Bank Failures & Brady Bonds [ www.theantechamber.net/XArchives/Bbs.htm ].
Good, Clean, Clear, Marketable Source of Collateral/Funds has not been proven to the 'satisfaction' of the International Banking Investors .
6. $1.4 Quadrillion Derivatives Crisis..
Lets ask the 64 thousand dollar question: Can these $1.4 Quadrillion dollars in Derivatives 'show lawful, legitimate source of collateral/funds'..? NO! Nor can these individuals putting those instruments out..show COLOR or THE RAINBOW as the real owner holds..in TRUST.
Get your calculators out, enter $120 Billion and multiply by $38.00. Do a second calculation for the same amounts. You will find similar 'amounts'..just about everywhere you go..BUT; Where is the Source? Can the "source" be verified? What had the "capacity/worth/value" that could possibly warrant these DOLLAR NUMBERS?
They can however show "Black and White Copies" on which the Clark County Recorder stamped a DISCLAIMER when RICK MARTIN (CORTWRIGHT) of HELLENIC EXPRESS INTERNATIONAL LTD. (Nevada and Greece), GLOBAL ALLIANCE INVESTMENT ASSOCIATION and CONTACT: THE PHOENIX JOURNAL happened to be filing these "copies" recorded in V.K. Durham's Name and obviously Title HELD in someone else's Title Instruments other than the 'filing parties' during the 8:35 A.M. August 10, 1998 Filing at the Clark County Recorders Records, Las Vegas, Nevada, Official Records 980810 Instrument: 00323.
These 'black and white copies'..are not valued or honored, or Lawful Chain of Title on the instruments which these $1.4 Quadrillion Derivatives have been written with the authorization of the Council On Foreign Relations and THE BUSH & CLINTON ORGANIZED CRIME GROUP which can be read in PUBLIC NOTICE at
http://www.theantechamber.net/VkDocuments/DocGroupG/Gpage4.html .. But, they had to murder my husband after he was tortured without mercy and you can read about that at www.theantechamber.net/V_K_Durham/VkPublicNotice.html ..
The man was the CEO of COSMOS SEAFOOD ENERGY MARKETING,LTD; Nevada ID# 1707-85.. they thought, incorrectly the BONUS CERTIFICATE 3392-181 was in the Corporation.. It wasn't. Only 24% was in the Corporation and that was taken out at the urging of INTERPOL April 4, 1992..after THE BUSH & CLINTON ORGANIZED CRIME Group did what they did and you can find the ABA'S, Bank Accounts at
What could be considered as THE SOURCE OF COLLATERAL/FUNDS? The source is the old one time only Bonus Commodity Contract 3392, April 27, 1875 and Certificate of Indebtedness of Peru No. 181 sold in New York, May 1, 1875 held in TRUST.
The Commodity Contract Terms were followed and calculated by Central Intelligence Ltd, then Notarized.. Recalculated by the West Coast Federal Reserve Bank and they could not reconcile their books until 1998...due to the calculating.. which tallied with CI-LTD's Calculations from May 1, 1875 to May 1, 1990 on just one portion of the interest alone which came to $206,858,581,465,280,000,000.00 .
24% of the before mentioned $206,858,581,465,280,000,000.00 was THE ESTATE OF RUSSELL HERRMAN-HERMAN left to the BENEFICIARY's who regained their Xth AMENDMENT STATUS in their RESPECTIVE STATES in the Union of the Republics of the united States.
That would have restored; Jobs, Industry, Housing, Manufacturing, New Energy Sources, Housing, Education/Schools, Hospitals, Health Care..Research and Development and on, and on.. But, as allegedly stated by a U.S. SENATOR; The American People did not deserve nor have the right to all of this.. I believe that remark was made in CHRISTOPHER STORY'S article re: Secretary Paulson.
Be that as it may; My husband was murdered, the Identity of our Corporation stolen and used by those who issued out and conspired to issue out the $1.4 Quadrillion Dollars in Derivatives which 'cannot show' SOURCE OF COLLATERAL/FUNDS or GOOD, CLEAN, CLEAR, MARKETABLE FUNDS.
Has any of this sunk in yet?! COLLATERAL/MONEY/FUTURE these people are trying to steal..., and have murdered banker after banker, anyone who got in their way or tried to tell the truth to keep you from knowing THIS IS THE COLLATERAL/FUNDS/EQUITY OF WE, THE PEOPLE!
V.K. Durham, CEO Durham Holding Trust, Tias 12087 also holding in Trust; COSMOS SEAFOOD ENERGY MARKETING LTD; Nevada ID # 1707-85
** Reportedly "THE ASEAN" pronounced 'ASWEAN' by those putting out those $1.4 Quadrillion Dollars in Derivatives.. THE ASEAN is BUSH FOREIGN POLICY... http://www.theantechamber.net/V_K_Durham/OnlyKnowWhatIknow.htm
May 23, 2001. Durham Holding Trust, Tias 12087 was warned: "We are going to use BONUS 3392-181 to bankrupt the Fed. Reserve & the U.S. Treasury."
US DEBT May 23, 2001 5,658,410,674,620.47 www.treasurydirect.gov/NP/BPDLogin?application=np This in no way reflects the External US Corporate Debt. As of June 29, 2011, the Total Public Debt Outstanding of the United States of America was $14.46 trillion and was approximately 98.6% of calendar year 2010's annual gross domestic product (GDP) of $14.66 trillion.[2][3][4] Using 2010 figures, the International Monetary Fund places the total U.S. debt at 96.3% of GDP, ranked 12th highest against other nations.[5]
The federal government's budget deficit should not be confused with the trade deficit, which is the difference between net imports and net exports. State and Local Government Series securities, issued by state and local governments, are not part of the United States government debt.[6] The deficit is presented on a cash rather than an accruals basis, although the accrual deficit provides more information on the longer-term implications of the government's annual operations.[7]
The annual government deficit or surplus refers to the cash difference between government receipts and spending ignoring intra-governmental transfers. The gross public debt increases or decreases as a result of this unified budget deficit or surplus. However, there is certain spending (supplemental appropriations) that add to the gross debt but are excluded from the deficit. Gross debt has increased over $500 billion each year since fiscal year (FY) 2003, with increases of $1 trillion in FY2008, $1.9 trillion in FY2009, and $1.7 trillion in FY2010.[8] Together with the budget deficit, this debt was one of the reasons given by Standard & Poor's to downgrade the United States' credit outlook to "negative" on April 18, 2011.[9] more on this at en.wikipedia.org/wiki/United_States_public_debt
Back to: May 23, 2001. Durham Holding Trust, Tias 12087 was warned: "We are going to use BONUS 3392-181 to bankrupt the Fed. Reserve & the U.S. Treasury." [which you can read about at www.theantechamber.net/V_K_Durham/MisplacedAnger.html]
Durham Holding Trust, Tias 12087 quickly advised U.S. Senate Banking Chm. Charles E. Grassleys Sioux City Office at that time requesting the U.S. Secret Service be advised of the pending plan to use "Unauthorized" and forged, false notarized documents to issue US Debt Instruments by a group operating out of the Philippines.
The Omaha, Nebraska US Secret Service stated: "We will not investigate the Philippine Counterfeiting Operation! Our only duty is to protect the president."
Further. Back in the fall of y2k, a U.S. Citizen visited the Trust. This individual represented the Banking "Control Group." We sat and listened as it was told by the Representative of the Banking Control Group: "George Bush has just been anointed as the next president of the United States. Once he is in the Office of the President; He will sit down, shut up, and do as he is told. Or else. There is a Banking War going on between the Fed. R. Banking Systems and the other banking cartels. The other Cartels intend to bring the Fed. R. down. The Fed. R. has become too abusive, in every nation it is allowed to conduct business.
The Banking Control Group knows about the Trust. They know it is THE TRUST who owns the Bonus 3392 and 181.
The TRUST is required to STAY OUT OF EUROPE. Once the Fed. R. and UST is taken down, THE TRUST CAN PICK UP THE PIECES and put the US back together."
There is more, but the story was told with supportive documentation, irrefutable evidence to the U.S. Sec. Service on May 23, 2001.
The TRUST was told later by U.S.S.S. "Our only duty is to protect the president of the US. We will not investigate." The U.S.S.S. was reminded by the TRUST of their Duty to the American People and 18 U.S.C. St. 471's provisions in regards to COUNTERFEITING PRIME BANK INSTRUMENTS.
The position of the U.S.S.S. remained the same as before: "Our only duty is to protect the president of the US. We will not investigate."
The TRUST at that time informed the U.S.S.S. "You have a duty to protect the We, the People of the united States of America. You know it! This TRUST knows it! If you refuse to protect the We, the People; THE TRUST WILL." more at www.theantechamber.net/V_K_Durham/EnglandPirateFedR.html
1.31.03. First. Hard, Reliable, Irrefutable Evidence has been given to all of you, regarding this CLEAR & PRESENT DANGER confronting all of us, as a Nation by THE CEO, OF THE DURHAM (INTL. LTD;) HOLDING TRUST in regards to BANKING, FINANCIAL AND "BOGUS GOLD INSTRUMENTS" TERRORISM.
Second. I am going to address the President of the United States, and the State of the Union Address, but in order to properly address the pointed issues raised, and stated by the President, I must GO BACK TO AUGUST 2000 when the BANKING CARTEL REPRESENTATIVE VISITED THE DURHAM HOLDING TRUST"..--
The BANKING CARTEL REP., made the statement, which we told to the U.S. Secret Service, May 23, 2001, and I will be brief in telling all of you, which was;
"We are going to use BONUS 3392-181 to bankrupt the Fed. Reserve & the U.S. Treasury.
"Bush has just been anointed as the next President of the United States. We know about the 1991 Banking Transactions. When Bush becomes President, we are going to use what his father did to BLACKMAIL him. Once he is in the office of the President of the United States, he will sit down, and do as he is told; OR ELSE." This is not all that was said, but it is the major points to be made.
evidence of trillions in stolen funds from the US Treasury STOLEN BY BC AND ALBERTA WELFARE CONS AND CANADA'S BIG BANKS & INDUSTRY INVESTORS.
The illegal transactions are also linked to the murder of a US Army Colonel Russell Hermann, who was charged with overseeing approximately 175 secret CIA bank accounts, according to the officer's wife, Mrs. V. K. Durham.
During multiple interviews, Mrs. Durham said that Bush 41 and Clinton administration officials visited her husband several times in the months prior to and three days before his torture and murder on August 29, 1994.She stated that Col. Hermann believed these funds were the property of the US citizens rather than the private slush fund of the Bush circle, and protested the manner in which they were being used. Ambassador Leo Wanta has since maintained a similar stance, that the earnings from his covert operations should be public funds rather than covert slush funds used by criminal US presidents. Durham said $240 billion in stolen currency was obtained resulting from George H. W. Bush's presidential abuse of power, when he authorized former Treasury Secretary Nicholas Brady and former Secretary of State James Baker III to make fraudulent use of theDurham Family Trust collateral without her permission. There is evidence that Colonel Hermann's and V. K. Durham's signatures were forged on a Goldman-Sachs bank account certification requesting the conversions to U.S. currency.
The money was never repaid since the ten-year bonds--purchased before September 13, 1991 using the fraudulent collateral and gold bullion as security came due on September 12, 2001--the day after the 9.11 attacks, having allegedly been underwritten and held by the trustee, Cantor-Fitzgerald bond brokerage firm .Moreover, Durham alleges that any 10-year bond payoff for notes due on 9-12-2001 would have led to additional evidence of trillions in stolen funds from the US Treasury. Besides the intelligence file leaked to Durham, other documents were obtained by Tom Flocco from whistleblower Stewart Webb's intelligence sources. http://www.bibliotecapleyades.net/esp_sociopol_opalfile.htm
1991, George H.W. Bush and Alan Greenspan did indeed finance $240 billion in bonds in a buyout of the Soviet Union as part of a broader program to end the Cold War through an attack on the economy of the Soviet Union.
and ten years later in 2001,
these programs had finally come back to haunt the U.S. policy makers. Most, if not all of these programs appear to have stepped outside of the boundaries of the law.
Steven H. Durham, President, Durham Resources Charles W. Durham, Chairman of the Board, Durham Resources
These are the 1987 and 1988 boards of directors of the two FirsTier institutions. FirsTier was the bank Larry King's pilfered $40 million passed through, without anybody batting an eye.
FirsTier Financial, Inc.
1987
George P. Abel, Chairman of the Board, NEBCO, Inc.
Charles W. Durham, Chairman of the Board, Durham Resources Perry E. Esping, Chairman of the Board, First Data Resources John C. Kenefick, Pres. (ret.), Union Pacific Railroad Walter Scott, Jr., Pres., Chairman of the Board, Peter Kiewit Sons William C. Smith, Pres., CEO, FirsTier Financial, Inc. Dale C. Tinstman, Chairman of the Board, Baton, Tinstman, Druhner Neal E. Tyner, Chairman of the Board, CEO, Ameritas Financial Services Milton E. Whitehead, Chairman of the Board, Whitehead Oil Co.
Michael B. Yanney, Chairman of the Board, America First Corp.
1988 additions
Michael H. Walsh, Chairman of the Board, CEO, Union Pacific Railroad Robert H. Daugherty, Chairman of the Board, Valmont Industries
FirsTier Bank, N.A., Omaha
1987
Alan Baer, President, Alan Baer & Associates Anne S. Batchelder, Secretary, U.S. Check Book Co. John G. Bookout, President, Woodmenof the World Life Insurance Co. Lawrence Comine, Jr., CBO, FirsTier Bank, Omaha Roy Dinsdale, President, Dinsdale Brothers Steven H. Durham, President, Durham Resources
Philip B. Fletcher, Pres. and CEO, ConAgra Prepared Foods John R. Maenner, President, Maenner Co. Martin A. Massengale, Chancellor, Univ. of Nebraska, Lincoln Lloyd H. Mattson, Chairman of the Board, Industrial Chemical Laboratories John D. Minton, V. Chair, Dep. CEO, Mutual of Omaha
Thomas N. Moore, Exec. V.P., FirsTier Bank, Omaha David R. Parker, V.P., America First Corp. Kenneth D. Power, V.P. and CEO, Northwestern Bell
A.J. Scribante, Chairman of the Board, ViTal Resources William C, Smith, Pres. and CEO, FirsTier Financial, Inc. Hugh L. Tinley, President Emeritus, Farmers National Co. William F. Welsh II, President and CEO, Valmont Indus- tries
Directors Emeriti
Edd H. Bailey, Pres. (ret.), Union Pacific Railroad
Thomas C. Quinlan, Attorney V.J. Skutt, Chairman of the Board, Mutual of Omaha Robert H. Storz, Chairman of the Board, Storz Broadcasting Co.
1990 addition
Howard G. Buffett
In 1981, Warren E. Buffett was on the board of the Omaha National Corporation, which merged with First National Bank of Lincoln in 1984, to become FirsTier.
Black Eagle Fund, the Shadow CIA and the relationship to Sept. 11th
In 1992,Barrick had received special treatment from George H.W. Bush during the last several days of his Presidency, when for a nominal $10,000,Barrick received rights to mine deposits `valued' at $10 billion on public domain lands in Nevada.
Betreff: Herman/ Durham Trust, bank fraud
Von: regina_wa_usa
Datum: Fri, 15 Jul 2005 01:26:25 -0000
ALARMING ARTICLE By V.K. Durham 7/12/05
What is strange is; YOU WERE WARNED ABOUT THE COUNTERFEIT U.S. DEBT INSTRUMENTS authorized by the Clinton-Bush People (see: http://www.theantechamber.net/VkDocuments/DocGroupG/Gpage4.html ) and the probable $400 Trillion Dollars in Counterfeit U.S. Debt
Instruments in China and the Far East, and the Euro being approx. 80%
underwritten by Greenspan using our Commercial Banking & Commodity
Contract without "Authorization"...
Then, you were made aware of AL MARTIN being one of the participants DOING DISINFORMATION for these GAIA-EKKERS authorized by the before mentioned.. But, everyone kept sucking
up to AL MARTIN and this SPACE COMMANDER "HATONN" aka DORIS J. EKKER with 21 REGISTERED ALIAS'S IN KERN COUNTY CALIFORNIA'S COUNTY RECORDS...
But, of course that's nothing to get concerned about, nor is the BURYING OF GUNS AND AMMO at their TEHACHAPI CAL. RANCH ... One was so
large it was necessary to bury it in a pipe with coffee cans on both
ends... This was probably a 'rocket or missile launcher'..but WHO
CARES...if it was being buried by the UNDERWRITERS of the AL KADA-AL
QAEDA-AL QUAIDA-MORO ISLAMIC LIBERATION FRONT or the AL QUAD.. All mean the same thing, THE SOURCE being GAIA or THE MOTHER EARTH worshiping groups, and have the same agenda i.e. Take the entire banking, financing and economics globally "hostage" with these "counterfeit U.S. Debt Instruments." Of course this did not bother anyone..because this SPACE COMMANDER "Hatonn" had her knickers in a twist, and her contributors were coming up missing and un accounted for... That bothered no one..when others LIVES & SAFETY were in jeopardy... Nor did anyone get concerned WHEN THE PRESIDENT & FAMILY WERE BLACKMAILED BY THIS GROUP OF DISSIDENTS IN PUBLIC PRINT (see: http://www.theantechamber.net/Contact/Contact11205/ContactIndex.htm ).
No one got upset and demanded a FULL, FORMAL, FEDERAL INVESTIGATION into the MURDER OF RUSSELL HERRMAN aka HERMAN when he was kidnapped, tortured and ultimately killed (see: http://www.theantechamber.net/V_K_Durham/VkPublicNotice.html ) by those AL MARTIN provides all his DISINFORMATION for on the internet
i.e., GAIA-EKKER'S and the phantom AL QAEDA ...
No one even worried that THE U.S. & CONTINENTAL DEBT was paid by the CREDITOR...and the DEBT SWAP-DEBT CONVERSION was used for purposes other than intended.. Not a single MORTGAGE was returned...but THE STOCK MARKETS WERE PUMPED UP..but NO ONE WAS CONCERNED...(see: http://www.theantechamber.net/VkDocuments/UsDebtpaymt/UsDebtPaymtIndex .html ). No one even bothered to take into consideration what was really going on in the world.
No one worried when you were informed the methods being used were the HOWARD HUGHES CORPORATION UMBRELLA'S... This is a CORPORATE "SHELL GAME" that hides the "pea" from prying eyes... Such an example can be found at http://www.theantechamber.net/V_K_Durham/BbcHhUmbrella.htm ... I suggest you study this.
Recently a conversation with an international reporter researching all of this GORDIAN KNOT convoluted mess..made the remark.. "Your web site is like an Encyclopedia. It ties in and connects to all this ongoing global problem. It would take years to research everything you have posted, but from what all I have read it is very accurate in history and time lines, and people involved."
It was explained to this international reporter "Our site is an information provider for the FBI, INTERPOL and VICTIM NATIONS, VICTIM PEOPLE AND VICTIM BANKING."
Am I expected to get upset about a "Global Collapse"...?!
What I do get upset about is all of these alleged info gathers who have had the information for several years now.. and have sat on it...done nothing but "mouth off" about SPACE SHIPS..etc..and
forgetting YOUR PROBLEMS ARE HERE ON EARTH AND THEY ARE NOW!
I get very upset when those that could do something WANT TO CONTROL V.K. DURHAM and ULTIMATELY CONTROL "THE TRUST"... My answer to that is "GRAB ON TO THE WIND".. No "Political" entity, individual and/or group will ever "control"
the TRUST... When V.K. pass's on.. everything is set to motion.. The
TRUST(S) are 99 year Trusts.. We,the People are FOREVER.
read the following.. and you can get upset if you choose..but it is advised YOU GET BUSY AND ACTIVATE YOUR PORTIONS OF THE "TRUST" in your states and Countries...
----- Original Message ----- From: Be Kind Whenever Possible/ It is ALWAYS Possible To: * * * Be Kind Whenever Possible / It is ALWAYS Possible Sent: Tuesday, July 12, 2005 12:58 AM Subject: Alarming article..
so alarming I don't like sending this to you...
Renowned Funds Manager Julian Robertson, Predicts Global Economic
Collapse Global Econ News Article
AL MARTIN of almartinraw.com has written an article about an interview on CNBC with the renowned funds manager Julian Robertson.
Julian Robertson formerly ran Tiger Management, the world's largest hedge fund.
Martin describes Julian Robertson as "One of the greatest of the old- timers. 53 years on the Street. He manages the Robertson group of funds. They used to call him, still do call him `Never Been Wrong' Robertson. He has predicted every economic cycle, every debacle, every bull market, and every bear market." Martin says "Of course, he's a very old man now. But his reputation on the Street is like nothing you could imagine. When the segment of his interview was through, his comments alone took the Dow Jones down 50 points. Just
on his comments alone. That's how powerful this man's reputation is."
Robertson said that he's worried about the speculative bubble in
housing and the fact that more than 1/4 of all consumer spending is now sustained by that bubble, plus the fact that 20 million citizens could lose their homes in a collapse of the speculative bubble in housing, and that the Fed and, indeed, central banks worldwide would act in concert out of desperation to reinflate the global economy in the process, creating an inflationary spiral unheralded in the economic history of the planet.
"Where does it end?" Robertson was asked and he said, "Utter global collapse." Not simply economic collapse; complete disintegration of
all infrastructure and of all public structures of governments. Utter, utter collapse. That the end is collapse of simply epic
proportion.
In 10 years time, he said, whoever is still alive on the planet will be effectively starting again." Bill Murphy of Lemetropolecafe.com says "As for Robertson's comments as they relate to the gold price, we will most likely see the gold price somewhere between $3,000 and $5,000 US an ounce. Wait until the facts surface about how the
central banks squandered 2/3 of all their bank reserves to foster a
price manipulation scheme. There will be a frenzy to own the stuff like never seen before." Julian Robertson blamed everything on what he calls 'the Bush-Cheney regime'.
He says "they have now consolidated power and money on the planet to the maximum extent possible. The planet's net liquidity, that is its, net free cash flow. Is now a negative number. The planet is not simply sinking into a sea of red ink; it is already sunk. The people just don't realize it yet." Robertson says "the Bush-Cheney regime is
preparing the nation for transition from democracy into dictatorship
because a dictatorship will be necessary to control, in 5 years" time, food and water riots."
He said "the federal government, that part of Patriot II Act, the internal exile, that the government is going to have to build now huge detention compounds on federal lands, probably in the West where the land is available, to potentially house 50 million or more
citizens that will be in financial ruin."
Julian Robertson went on to say "Food production will fall. Any further effort to control environmental destruction will be abandoned. Inflation will run into the double and eventually triple digits. People will be carrying around U.S. dollars in wheelbarrows like Germany."
Robertson said there would be "total collapse of public infrastructure. Total collapse of medical care systems. All public pension plans, Social Security will collapse. All corporate pension plans will collapse."
Robertson backed up his comments with statistics in one statement he said "But, 14% of all real estate transactions now being interest- only mortgages, and another 14% of people now, that, when they bought their homes, originated more than 100% of the purchase price in the mortgage and then borrowed further."
He said "The American consumer is effectively now supporting the rest of the planet, consumption rates in all other nations are falling, have fallen to the point that the tax revenues to governments, that the business and industries those nation states are providing is now a net negative number relative to total debt service and public cost, that this exists in virtually every nation state on the planet now." He said "More importantly, and I'm trying to think how we imply this or how we express this to the people, what extraordinary times we are living in and how the destruction of the planet has been engineered by the Bushonian Cabal from 1980 to 1992, and then from 2001 to present, which has effectively destroyed the economic liquidity of the planet."
When Ron Insana the interviewer said "you have sold all of your real estate and you are moving into one of the new super-secure compounds for wealthy Republicans for when the "barbarians will be at the gate." Robertson replied, "Ron, those barbarians will be potentially a third of the American population." Robertson ended his comments by saying that "he hopes that he is not alive to see this. The lucky ones are the ones who are my age now."
I would add to Julian Robertson comments, the lucky ones will be the ones who buy gold and silver coins now, at less than $500 an ounce before the price of gold sky rockets to $3000 then $5000 an ounce and the price of silver goes over $100 an ounce in the years ahead as Julian Robertson's predictions, made in his interview on CNBC, unfold.
What happened to the Marcos gold after it was confiscated by US agents in 1986 has never been reported, but throughout the early 1990s, the world gold market would be befuddled by the mysterious appearance of thousands of tons of gold which appeared to suppress the price of gold. There were lawsuits introduced in the U.S. against a number of financial institutions and Alan Greenspan to determine the source of this gold. Gold traders suspected the US Treasury was the source of this gold, and contended that U.S. gold stock was being illegally manipulated for private gain by the bullion banks. A suit by Donald W. Doyle of Blanchard in which Barrick Gold was a primary defendant was settled out-of-court in 2006 and sealed under agreement. Barrick was also mentioned in another suit as a knowledgeable party. In 1992,Barrick had received special treatment from George H.W. Bush during the last several days of his Presidency, when for a nominal $10,000,Barrick received rights to mine deposits `valued' at $10 billion on public domain lands in Nevada. While there was nothing illegal to the arrangement, a special process put in place by President Bush allowed Barrick to use outside specialists to determine the value of the claim, allowing them to control the appraised value of the deposit. That special process was not made available to other mining applicants.
In 1992, George H.W. Bush served on the Advisory Board of Barrick Gold. In the long term, the Barrick operation would create billions of dollars of paper gold by creating gold derivatives.A major distribution channel for the sale of Barrick's gold futures would be Enron. Enron would also become the vehicle by which oil and gas contracts from the former Soviet Union (vehicles for Soviet money-laundering) were processed.Another key player in the Marcos gold was Banker's Trust, which was taken over by Alex Brown & Sons, after Banker's Trust floundered financially on its Russian loans in the mid 1990s. These Russian loans were facilitated by Enron, starting in August of 1993, and very possibly were part of the takeover of Soviet industry.Barrick Gold Corporation, which has no mining operations in Europe, used two refineries in Switzerland: MKS Finance S.A. and Argor-Heraeus S.A.The big unknown is what gold was Barrick refining in Switzerland, as they have no mines in that region. Barrick would become a quiet gold producing partner for a number of major banks, and its activities became subject to an FBI investigation into gold-price-fixing. The gold that flooded the market for ten years has never been officially explained. The records of many of those transactions disappeared when Enron collapsed and the trading operation and all its records were taken over by Union Bank of Switzerland, another major recipient of Marcos gold.The "tracking the money" project was conducted over-all by Household International with the assistance reportedly of Systematics, a banking computer /wire transfer firm, originally a subsidiary of an Arkansas-based operation. Targeted have been the banks of both friends and enemies alike. Vince Foster and his crew -- Hillary Clinton and Webster Hubbell -- used as a cover that they were supposedly attorneys for Systematics. Vincent and Hillary's role in this was arranged and supervised by a Chicago-based law firm Hopkins & Sutter. http://www.scribd.com/doc/4866520/Collateral-Damage-911-Covert-Ops-Funding-TargetedThe Yamato Dynasty: The secret history of Japan's imperial family by Sterling and Peggy Seagrave (Corgi, 2000) This book brings to light new evidence that points to the implicit involvement of Hirohito and other members of the imperial family's inner circle in the war crimes of World War II. Asian Loot: Unearthing the secrets of Marcos, Yamashita and the gold by Charles C McDougald (San Francisco Publishers, 1993).---------- Beginning in 1969 James Giffen started traveling to Moscow as an aide to a Connecticut metals trader.Giffen worked his way up to become a major player in a US-Soviet business association with top-level political ties in both Washington and Moscow.The goal was to prevent the Russians and PRC/China from gaining control of what was estimated to be the world's largest untapped oil reserves - Kazak oil in the Caspian South of Russia, in Kazakhstan, Giffen became an oil adviser to Kazakhstan's president in 1992.As a result of his business dealings,he wascharged in 2003 of giving $78 million from oil companies to senior officials in Kazakh government (aka bribery).In 2003, he was charged by the US attorney's office with violation of the Foreign Corrupt Practices Act of 1974 and with money laundering. When arrested he was carrying a Kazakhstani diplomatic passport, though dual citizenship is not allowed by the laws of Kazakhstan. Giffen was charged with creating Swiss bank accounts and transferring $20 million, paying tuition at exclusive boarding schools for family members of Kazakh officials, and buying millions of dollars in jewelry.J. Bryan Williams III, a former Mobil executive, was also charged with tax evasion relating to kickbacks from Mobil's business in Kazakhstan.In the 1970s, after American firms admitted to spending hundreds of millions of dollars bribing foreign officials, so Congress passed the Foreign Corrupt Practices Act to prevent US corporations from supporting corrupt dictatorships.Giffen's lawyers had argued in his defense that whatever crimes he had allegedly committed occurred while he was a highly valued foreign asset of American intelligence. Giffen had requested access to classified information at his trial to back up his claims, but the government opposed the revelation of classified information. His five trials of these charges lasted over seven years.The case seemed open and shut, since the prosecutors presented a detailed paper trail -- provided by a Swiss magistrate -- of Giffen slicing payments into tiny discrete pieces for transfer into secret Swiss bank accounts, rather than shifting them as a whole, a classic method of money laundering.Eventually, prosecutors dropped all foreign bribery, money laundering, and fraud charges against Giffen in exchange for a guilty plea on a misdemeanor tax charge, U.S. District Judge William Pauley ordered no prison time and no fines in sentencing proceedings at a New York City courthouse. Four years later, with oil going for $95 a barrel, it's not so clear. The British government, citing-national security concerns, has called off an investigation into bribery of influential Saudis.Shortly after Giffen established a foothold, the president of Kazakhstan was working with Shaul Eisenberg, Marc Rich, Dick Cheney and George Soros.The illegal flow of money from the various oil companies would reach a number of banks. These same oil interests would engage March Rich and the Israeli Eisenberg Group, owned by one of the Mossad's key operatives, Shaul Eisenberg, to move the oil.Attorney General John Ashcroft did not recusal himself in the case of federal grand juries in New York and Washington investigating two additional Ashcroft donors, ExxonMobil and BP Amoco. ExxonMobil had given more money to Ashcroft's campaign. Ashcroft had quietly moved to exert control over the New York grand jury from Washington and to exercise "unusual influence" over the Washington investigations.There were also multiple reports that several high-ranking career prosecutors in both New York and Washington have raised serious objections to Ashcroft's actions and his failure to publicly recluse himself in these cases. The two grand juries had been investigating allegations that ExxonMobil and BP Amoco paid cash bribes to the president of Kazakhstan and his oil minister and that Mobil engaged in an illegal oil swap of Kazakh oil through Iran in 1997. Vice President Dick Cheney's energy task force was meeting representatives of both companies after the grand juries had been empanelled. At issue is a 25 percent stake purchased by Mobil in Kazakhstan's Tengiz oil field, following an earlier purchase of 50 percent by Chevron and an apparently desperate attempt a year later to start making money from the fields by engaging in an illegal swap with Iran as a means of getting the Tengiz oil to market. Until Sept. 11, there was only one obstacle preventing the oil companies and their related industries from building the necessary pipelines, immune from Russian influence, which would have turned the Central Asian oil into dollars -- the Taliban.ExxonMobil's role in the bribery and illegal oil swap, as well as the ensuing federal investigations, was comprehensively documented in a July 2001 New Yorker article entitled The Price of Oil by the venerable Seymour Hersh. Allegations being investigated by the New York grand jury involve felony violations (bribery) of the Foreign Corrupt Practices Act. The Washington, D.C. grand jury is investigating evidence that links Mobil to an illegal 1997 swap of Kazakh oil through Iran, which would constitute a felony violation of the 1996 Iran Trade Sanctions Act.
http://www.rense.com/general21/grandjuriesinNY.htmThe coup began the dissolution of the Soviet Union and the beginning of the reign of Boris Yeltsin and his `family' of Russian Mafia Oligarchs, and President of Kazakhstan. In the final phase, a series of operatives assigned by President George H.W. Bush would begin the takeover of prized Russian and CIS industrial assets in oil, metals and defense. This was done by financing and managing the money-laundering for the Russian oligarchs through the Bank of New York, AEB and Riggs Bank. A closer look at other activities leading up to these phases makes it clear that is was a U.S. orchestrated intelligence effort from the beginning. The economic war involved Gerald Corrigan of the NY Federal Reserve Bank, George Soros, an international currency speculator who was responsible for crashing the British pound a few years earlier, former Ambassador to Germany R. Mark Palmer, and Ronald Lauder-financier and heir to the Estee Lauder estate. Palmer and Lauder would lead a group of American investors in an Operation called the Central European Development Corporation, and combine forces with George Soros and the NM Rothschild Continuation Trust. This group ended up controlling Gazprom, the Russian natural gas giant, while the Riggs group ended up controlling Yukos, the oil giant. Ownership for both remains largely `hidden' today, while its front men endure the hardships of the Russian wrath by spending time in prison.Azeri-Armenian War in 1993
Bush Sr. had assigned a wide array of former Iran-Contra criminals to take a role in Azerbaijan. Initially, he sent in the covert operativesRichard Armitage and Richard Secord who worked with their old colleague from the Mossad, David Kimche, and their old arms running colleagues Adnan Kashoggi and Farhad Azima to hire, transport, and train more than 1,000 Afghan mujahideen mercenaries (aka Al Qaeda) to fight on behalf of the Azeri freedom fighters. Osama Bin Laden was reported to have been part of this mercenary force.Captured documents taken from battlefields in southwestern Azerbaijan provide the first hard evidence that Afghan troops hired by the Azerbaijan government were actively involved in recent fighting with Armenian forces.Armenian officials now warn that the introduction of Muslim Afghan fighters poses the danger of turning the conflict, between Christian Armenians and Muslim Turkic Azeris, into a religious war. It further intensifies the danger of broadening of the conflict to involve neighboring Iran and Turkey, provoking a reaction from Russia, which also borders this region. Azerbaijan and Armenia are both former Soviet republics. Ten years later in 2001, these programs had finally come back to haunt the US policy makers. Most, if not all of these programs appear to have stepped outside of the boundaries of the law. As a result, investigative agencies from Britain, Switzerland, Russia, Kazakhstan and the Philippines were putting pressure on Congress and the US Department of Justice to open up the accounts in the banks used to finance these covert activities. Pressure was being put on the Swiss banking cartel to open its bullion records to public scrutiny. Full disclosure by these banks during an investigation would have resulted in a major exposure of US complicity in some of the greatest financial frauds of the 1980s and early 1990s as well as 50 years of gold bullion theft by numerous US and British government agencies. Moreover, investigation into these accounts would disclose a National Security secret known as the Black Eagle fund, and virtually every covert operation since World War II. History suggests that in September of 1991, George H.W. Bush and Alan Greenspan did indeed finance $240 billion in bonds in a buyout of the Soviet Union as part of a broader program to end the Cold War through an attack on the economy of the Soviet Union. and ten years later in 2001, these programs had finally come back to haunt the U.S. policy makers. Most, if not all of these programs appear to have stepped outside of the boundaries of the law.
As a result, investigative agencies from Britain, Switzerland, Russia, Kazakhstan and the Philippines were putting pressure on Congress and the U.S. Department of Justice to open up the accounts in the banks used to finance these covert activities, which were being viewed as criminal activities in foreign courts. Alan Greenspan, the Treasury Department and key banks in the U.S. and Europe were being sued for gold-price fixing or illegal gold sales which appears to have it's origins in the covert war chest used to wage this war.
These investigative and legal pressures began to accumulate in 1997, and in February 1998 increasing the magnitude of exposure these bankers and government officials faced. Carlyle Group is the biggest defense contractor on the planet. The majority owners of the Carlyle Group are the Bush family and the bin Laden family. They are profiting in the hundreds of billions off of this new war (Judicial Watch, September 28, 2001, "Bush Sr. in Business with Bin Laden Family Conglomerate Through Carlyle Group"; The Village Voice, October 11, 2001, "Bush Sr. Could Profit from War"; BBC News, December 4, 1997, "Taleban in Texas for talks on gas pipeline")....On December 4, 1997, a BBC headline read, "Representatives of the Taleban are in Texas Visiting the Headquarters of Unicol." The article went on to report that they were in Texas with the Halliburton-connected pipeline construction company. Dick Cheney was the CEO of Halliburton from 1995 to 2000), Unicol to negotiate their support for a pipeline, which would be built by Halliburton.The Bush family have strong ties to the oil industry going back to John D. Rockefeller and the early days of the industry. George W. Bush's great-grandfather, Samuel Bush, was an associate of John D. Rockefeller and ran Buckeye Steel Castings in the early 20th century. The daughter of George Herbert Walker, the financier and associate of the Harrimans, married Samuel's son, Prescott Bush, investment banker, U.S. senator, and father of George Herbert Walker Bush (Bush senior).In the decade 1991-2001, Americans paid $1.6 trillion more in taxes that energy extraction corporations, and energy extraction corporations received $0.8 trillion more in federal payments than it paid in federal taxes. The lion's share of subsidies and tax breaks to the energy industry goes oil, gas, and coal corporations. The primary reason these noneconomic subsidies continue to flow decade after decade is the political power of the extraction industries, a power that has been wielded in both Republican and Democratic administrations but has been greatly magnified under the Bush administration. There 53 members of the Bush administration with close ties to the extraction industries.----------- According to leaked documents from an intelligence file obtained through a military source in the Office of Naval Intelligence (ONI), on or about September 12, 1991 non-performing and unauthorized gold-backed debt instruments were used to purchase ten-year bonds. The bonds in turn were illegally employed as collateral to borrow $240 billion--120 in Japanese Yen and 120 in Deutsch Marks--exchanged for US currency under false pretenses; or counterfeit and unlawful conversion of collateral against which an unlimited amount of money could be created in derivatives and debt instruments.
The illegal transactions are also linked to the murder of a US Army Colonel Russell Hermann, who was charged with overseeing approximately 175 secret CIA bank accounts, according to the officer's wife, Mrs. V. K. Durham. During multiple interviews, Mrs. Durham said that Bush 41 and Clinton administration officials visited her husband several times in the months prior to and three days before his torture and murder on August 29, 1994.She stated that Col. Hermann believed these funds were the property of the US citizens rather than the private slush fund of the Bush circle, and protested the manner in which they were being used. Ambassador Leo Wanta has since maintained a similar stance, that the earnings from his covert operations should be public funds rather than covert slush funds used by criminal US presidents. Durham said $240 billion in stolen currency was obtained resulting from George H. W. Bush's presidential abuse of power, when he authorized former Treasury Secretary Nicholas Brady and former Secretary of State James Baker III to make fraudulent use of theDurham Family Trust collateral without her permission. There is evidence that Colonel Hermann's and V. K. Durham's signatures were forged on a Goldman-Sachs bank account certification requesting the conversions to U.S. currency.
The money was never repaid since the ten-year bonds--purchased before September 13, 1991 using the fraudulent collateral and gold bullion as security came due on September 12, 2001--the day after the 9.11 attacks, having allegedly been underwritten and held by the trustee, Cantor-Fitzgerald bond brokerage firm .Moreover, Durham alleges that any 10-year bond payoff for notes due on 9-12-2001 would have led to additional evidence of trillions in stolen funds from the US Treasury. Besides the intelligence file leaked to Durham, other documents were obtained by Tom Flocco from whistleblower Stewart Webb's intelligence sources. http://www.bibliotecapleyades.net/esp_sociopol_opalfile.htm The following is a summary of the book, Gold Warriors - The Vulcans - Murdering Liberty and Killing Hope on 911by Jeff Prager WHY September 11th - The Cover-up of the Black Eagle Trust and Project Hammer
With the bonds out in the market, they sat for ten years, like a ticking time bomb. At some point, they had to be settled - or cashed in, onSeptember 11, 2001. The two firms in the US most likely to be handling them would be Cantor Fitzgerald and Eurobrokers – the two largest government securities firms in the US. The federal agency mostly involved in investigating those transactions was the Office of Naval Intelligence.All three offices destroyed on Sept. 115h.
There were at least nine federal investigations being conducted into bank accounts related to operations. All of these investigations were initiated, in 1997-98 timeframe:
1) The Marcos Gold Hearing began in Los Angeles, in August 1997. The banks and accounts involved in that hearing, were the Swiss banks: UBS, and Bank Julius Baer.
2) The Eizenstatz Report and a public campaign waged by the Simon Wiesenthal Center launched suits against three Swiss banks.
3) The Reginald Howe suit - in which the US bullion banks were accused of dumping US Treasury gold on the market illegally. The Reginald Howe & GATA Lawsuit was filed on January 8th, 2000 naming Deutschebank (a.k.a. Deutschebank Alex Brown), US Treasury, Alan Greenspan, Federal Reserve, Citibank and Chase, as defendants. Also mentioned as having non-public knowledge of the scheme are Gerald Corrigan and Barrick Gold. (The 2000 filing suggests investigations began long before.)
4) The Bank of New York money laundering scandal: the Department of Justice was under pressure to investigate accounts of multiple individuals who benefited from these transactions: Loutchansky, Marc Rich and Berezovsky (Berezovski). The FBI investigation started in the Fall of 1998, The investor lawsuit was opened in September 1999. These investigations involved accounts at Credit Suisse, Union Bank of Switzerland (UBS), Dresdner Bank, Westdeutsche Landesbank and Banque Internacionale of Luxembourg.All of these individual would at some point be mentioned as playing a role in the money laundering scandal at the Bank of New York, that would ultimately be reopened in 2002, after being buried for three years by federal prosecutor Mary Jo White, a first cousin to former President George Bush.
5) The Avisma law suit was filed August 19th, 1999 naming as defendants Bank Menatep, Harvard Institute for International Development, and the Bank of New York;
6) The federal investigation of Konanykhine's European Union Bank: The Konanykhine investigation was begun by the INS in February 1999. Other banks included in that investigation would have been the European Union Bank and Bank Menatep.
7) Richard Giffen/Mobil Oil scandal - The FBI Probe began in 1999, and would have involved accounts at Credit Suisse, Bank of New York, Cayman Islands, and the Deutsche Bank (a.k.a. Deutschebank Alex Brown).,
8) Yeltsin's Union Bank of Switzerland accounts were being investigated for bribery.
9) Kevin Ingram would testify that he had advised Bob Graham in advance that the World Trade Center was to be attacked. This Deutsche Bank executive was convicted of laundering money for weapons purchases for Muslim terrorists through Pakistani agents; The Ingram investigation was begun by the FBI as early as July 1999, and involved the Deutschebank (a.k.a. Deutschebank Alex Brown). The records for some of these investigations resided in World Trade Center, Building Six, Building Seven and the North Tower. The account structure set up by the US intelligence operations was besieged by investigations from nine different directions, any one of which may have exposed the source of that funding, and traced it to its Black Eagle Fund origins. Those investigations needed to be diverted. On September 11th, the Federal Register reported that the physical securities held by the brokers in their vaults had been destroyed. The Federal Reserve Suspends the Rules On the first day after the Sept. 11, 2001 alleged terrorist attack, the Security and Exchange Commission (SEC) lifted "Rule 15c3-3 - Customer Protection, Reserves and Custody of Securities," which set trading rules.As a result the Federal Reserve and the Government Securities Clearing Corporation ( GSCC) had created a settlement environment totally void of controls and reporting – where it could substitute valid, new government securities for the mature, illegal securities, and not have to record where the bad securities came from, or where the new securities went – all because the paper for the primary brokers for US securities had been eliminated. The Government Securities Clearing Corporation ( GSCC) part of the Division of Market Regulation of the SEC. GSCC is registered with the Securities and Exchange Commission as a securities clearing agency for U.S. government securities. GSCC provides automated trade comparison, netting, and settlement services for U. S GSCC employs a number of risk management procedures that enable it to guarantee settlement of all net settlement positions. Through its daily mark to the market process, GSCC brings net positions that are not due for settlement from contract value to current market value each day. Each morning, GSCC collects mark payments from Netting Members that are in a debit mark position and pays such marks to Netting members that are in a credit mark position. In addition to the risk management procedures described above, another of GSCC s risk management controls is its Clearing Fund. The Clearing Fund ensures that, if one or more of its members fails, GSCC has sufficient liquidity at all times to meet its payment and delivery obligations.
The Federal Reserve did not have enough "takers" of the new 10 year notes. Rather than simply having to match buy and sell orders, which was the essence of resolving the "fail" problem, it appears the Fed was doing more than just matching and balancing – it was pushing new notes on the market with a special auction. It appears some of the beneficiaries wanted to cash out!
"Acute settlement problems with the on-the-run ten-year note led the U.S. Treasury to reopen the issue on October 4 and hold an unusual "snap" auction of new ten-year securities."
If the Federal Reserve had to cover-up the clearance of $240 Billion in covert securities, they could not let the volume of capital shrink by that much in the time of a monetary crisis. They would have had to push excess liquidity into the market, and then phase it out for a soft landing, which is exactly what appears to have happened. In about two months, the money supply was back to where it was prior to 911.
In the aftermath of September 11th, the SEC appears to have allowed the Bank of New York and the Federal Reserve to engage in securities refinancing that resulted in the American taxpayer refinancing the $240 billion originally used for the Great Ruble Scam. A review of the explanations for the actions of the Federal Reserve after September 11th exposes an amazingly complex web of analysis and speculation. The reports published by the Federal Reserve argue that the Federal Reserve's actions increasing the monetary supply by over $300 billion were justified to overcome operational difficulties in the financial sector.
A Federal Reserve report about what happened in the aftermath of the 9/11 attack, indicated that only "a few" were seriously disrupted. Ananalysis of the FED report suggests that any disruptions were essentially concentrated in one bank – the Bank of New York (BoNY). The same Bank of New York was being investigated for money laundering charges in relation to the economic pillaging of Russia by criminal oligarchs.
"At one point during the week after September 11, BoNY publicly reported to be overdue on $100 billion in payments."
The Deutschebank, which sat inside the World Trade Center and was totally decimated, reported no such account balance increase, and JP Morgan, the other of only two clearing banks which uses the same traders and communications hub, reported no such increase in its account balance. No one has publicly asked: why is it that these other two banks were not seriously disrupted, while the Bank of New York – which had no structural damage, seemed unable to operate? Understanding what was happening at the BoNY becomes critical to understanding the securities settlement issues:
GSCC and several dealers could not verify what came into and what left their custodial accounts at BoNY, they could not advise BoNY of securities they expected to receive, and they could not give BoNY instructions for delivering securities. Additionally, GSCC was unable to verify the movement of funds into and out of its account at BoNY (GSCC Important Notice GSCC068.01).
Finally, with respect to the Bank of New York operations and the level of disruption experienced on September 11th, an important element needs to be highlighted. Disruptions to the financial system were attributed to the loss of the communications hub in downtown Manhattan. The telephone network operations center (NOC) or hub was decimated when the WTC collapsed onto it. However, the BoNY Funding Transfer operations, which reportedly could not communicate with the Fed, were located in Utica, New York, and had none of its communication abilities impaired. Moreover, the four BoNY back-up datacenters were all located within 46 miles of Manhattan, and could and did deliver data on tape regularly to the Fed via courier.
• The disruptions to the U.S. financial system were not as widespread as the reports from the Federal Reserve would have the public believe, but that the public had to be made to perceive a widespread need for declaring a national financial emergency, suspending key provisions of the Federal Reserve Act and driving the `ten-year special rate' to almost zero.
• Certain key unknown figures in the Federal Reserve may have `conspired' with key unknown figures at the Bank of New York to create a situation where $240 billion in off balance sheet securities created in 1991 as part of an official covert operation to overthrow the Soviet Union, could be cleared without publicly acknowledging their existence.
• These securities, originally managed by Cantor-Fitzgerald, were cleared and settled in the aftermath of September 11th through the BoNY. The $100 billion account balance bubble reported by the Wall Street Journal as being experienced in the BoNY was the tip of a three day operation, when these securities were moved from off-balance-sheet to the balance sheet.
• By reducing the `ten-year special rate' to almost zero, the Fed structurally increased the number of refinancing (Repo) settlement fails. Under the umbrella of this artificially created statistical bump of fails, the high level of fails due to the laundering of the $240 billion was able to be processed unnoticed.
• The cover for this bubble is found in the footnotes to the BoNY annual and quarterly reports, which report that the BoNY took over $330 billion of commercial securities business from U.S. Trust between June and October of 2001, although the assets under control of U.S. Trust in 2000 were reported by two sources as $80 or $86 billion. On over-riding consideration in the Fed's management of the aftermath of September 11th was the concentration in account balances at the Federal Reserve.
It is clear that the concentration in account balances at the Federal Reserve — rising more than fourteen- fold from its normal levels on the days following the terrorist attacks—was a most unusual event. If a large proportion of the balances in the banking system concentrate in one bank's account, then other banks will face, all else being equal, higher costs of making payments, or alternatively may face liquidity constraints on their borrowing, which could preclude their submission of further payments."
A key consideration is the pre-911 daily average for this balance.These balances and service-related balances for August 2001 averaged $14.65 billion per day. This makes the actual surges due to the 9/11 attack show a net impact of $352 billion on the account balance over the remainder of the week.What appears to be the case is that the Federal Reserve imbalances reported on three consecutive days in the aftermath were largely concentrated at the Bank of New York, which is reported to represent over 90% of the imbalance, suggesting the Bank had been the recipient of massive fund transfers, and unable to send out transfers.
None of the BoNY's systems failed or went non-operational. Todd Gibbons of the BoNY reported an "increase" in the volume of securities on September 11.
"The contingency site muse be able not only to accommodate normal business loads, it must be able to accommodate extreme business surges, such as we saw in the first day in the equities market. Our contingency plans had included the ability to handle a great amount of excess capacity; and we were able to handle the increase in volumes..."
However, the overall volumes for the day were 25% less than normal and one third of the volume or $400 billion came in after normal business hours in very few transactions. Overall transactions for Sept. 11th were seemingly down even more significantly than volume, but the transactions that came in after closing were extremely large, averaging in size in packages of $35 million or more. This would be consistent with a hypothesis that $240 billion of securities were being pushed surreptitiously into the money supply. Additionally, the conflicting information from the BoNY and Fed suggests the activity in the bank was different that that being reported to the public.
"August 2001, the value of Fedwire funds transfers averaged more than $1.6 trillion per day, while banks held about $15 billion on account. The value of funds sent on September 11th was $1.2 trillion, about three-fourths of the average for the benchmark period. However, unlike volume, the value of funds sent had returned to normal levels on the twelfth and was then at elevated levels for the next seven business days." (Liquidity Effects of the Events of September 11, 2001, James J. McAndrews and Simon M. Potter, Federal Reserve Bank of New York Economic Policy Review, November 2002, p65).
The Federal Reserve, without providing the detail required to substantiate it's claims, would have the public believe that there were widespread liquidity issues, when in fact the issues were very concentrated primarily, if not singularly, in the BoNY, which has been the subject of an ongoing major money-laundering investigation for many years. Summary: