Yesterday I blogged about the Italian central bank's suspension of electronic transactions into and out of Italy, and about one possible macro-scenario with two basic versions of interpreting that action, based upon the following short article in Great Britain's Daily Telegraph: Italy bans card payments in Vatican over money laundering My reasoning yesterday was based on the basic implied premise that the Vatican was not yet completely nor wholly integrated into the power structure as the Western oligarchs wish it to evolve. However, as readers of my new book Covert Wars and Breakaway … [Read more...]
ITALY’S CENTRAL BANK SUSPENDS ELECTRONIC TRANSACTIONS INTO AND OUT OF THE VATICAN: PART TWO
ITALY’S CENTRAL BANK SUSPENDS ELECTRONIC TRANSACTIONS INTO AND OUT OF THE VATICAN: PART ONE
As you know, the Vatican bank has been a subject of interest here at gizadeathstar, and more recently, finally entered as a major actor in my most recent book, Covert Wars and Breakaway Civilizations. I've followed stories here of the Vatican bank's efforts to "clean up its act" and bring its operating procedures into conformity with Europe's international "best practice" standards. Now, the Daily Torygraph.....er...Daily Telegraph in Great Britain is reporting that the Bank of Italy has suspended all electronic transfers into and out of the Vatican, and is requiring Deutschebank's Italian … [Read more...]
HSBC FINED FOR MONEY LAUNDERING
Ok... this is by now another one of those old stories, but as you know, we don't "do breaking news" here, but rather, comment on stories that we think have a deeper, longer significance, stories that are clues to deep institutional or cultural memes. This is one of them, and it involves the famous Hong Kong and Shanghai Bank Corporation, or HSBC, one of Asia's largest international banks. (And just as an aside, pay attention to that bank, HSBC, for you will encounter it again in my forthcoming book Covert Wars and Breakaway Civilizations). Anyway, to bring you up to speed, here are a couple … [Read more...]
GOLD, LIBOR, ACCOUNTING FRAUD
I haven't commented much on the LIBOR banking scandal and what it might possibly portend(other than the by-now-usual bankster fraud, rigging, and creation of dubious "securities"). Yesterday I blogged about the apparently missing German gold, going all the way back to the Reichsbank administration of Dr. Hjalmar Schacht, and the strange pattern of Germans coming to inspect their gold at the NY Federal Reserve, only to be told it's missing and cannot be found (Dr. Schacht), or "you can't see it right now'(Philip Missfelder). But as the LIBOR scandal unravels, what we see increasingly exposed … [Read more...]