OK... we've all heard by now of the former head of the International Monetary being accused of rape and being picked out in a line-up, and spending a night in a New York jail. Well, I have to confess, in spite of the fact I try to reserve judgment - the old "innocent until proven guilty thing" - deep within I have to admit that I felt a certain amount of satisfaction that a "bankster" finally "got what was coming to him."

Then the speculations started: he was a Rothschild man, and set up to take the fall by some other financial faction seeking to regain control over the IMF, one of a small number of crucial international financial houses based in Europe, the BIS (Bank of International being another, or SWIFT (The Society for Worldwide Interbank Financial It all reminds me of the scandal that surrounded BCCI, the Bank of Credit and Commerce International, or, as it was called at the time, the Bank of Crooks and Criminals, International.

And that brings me to the movie, The International, with Clive Owen playing an Interpol agent trying to track down and expose the corruption and secret arms-running of an international bank, the IBBC - a clear play on BCCI - looking to cash in on controlling the debt that new wars would create. Eventually, Owen recruits a former East German STASI agent, played by Armin Mueller-Stahl, to beat the bank at its own game and expose its head. The movie ends with Owen chasing the IBBC's president across the rooftops of Istanbul, where, with no place left to run, the bank's head turns and confronts Owen, who is pointing a gun at him, intending to kill him. The bank's president says "Kill me and there will just be another."

Owen doesn't kill the bank president, who is, instead, killed by a hired assassin of an Italian family he had double-crossed. Thus, one might think justice (of a sort anyway) was done. But no, the movie ends with shots of newspaper headlines of the new president of the IBBC taking over the reins.

The moral of the tale was supposed to be that, yes, get rid of one international banker, and another will just emerge to take his place, and that, it seems to me, is intended to be the moral of the real life story of the former head of the International Monetary

But is it really? I don't think so. Times are changing and people are waking up to the long "train of abuses" (if I may be permitted to paraphrase a famous document) and the financial dynasties that have perpetuated them. Eventually, they will, I think, be like the head of the fictitious IBBC, running from their pursuers until there is no place left to run. People have long memories - in Russia, in China, in Japan, in South America, in Africa, and everywhere else they have gone and laid whole economies waste. Perhaps the former head of the IMF ran afoul, not of rival banking factions, but of more serious players, sending messages...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. MattB on May 22, 2011 at 12:56 am

    Done in by the Fed Reserve and the French:

    This guy wanted a world currency to replace the u.S dollar as the choice reserve currency……..and he was a challenger to Sarkozy.

    • MattB on May 22, 2011 at 1:00 am

      Special bonds to replace the U.S dollar……..bonds bonds bonds

      “Dominique Strauss-Kahn, managing director of the International Monetary Fund, has called for a new world currency that would challenge the dominance of the dollar and help curb future financial instability.

      In a speech in Washington, Strauss-Kahn argued that the reserves that member countries held with the fund could be used, instead of the dollar, to price international trade. These so-called special drawing rights (SDRs) could also act as an alternative to the dollar in central banks’ foreign currency reserves.

      “Using the SDR to price global trade and denominate financial assets would provide a buffer from exchange rate volatility,” he said, while “issuing SDR-denominated bonds could create a potentially new class of reserve assets”.

      The IMF published a policy paper backing Strauss-Kahn’s views as it gathered top-level economists for discussions on the future of the international monetary system.

      Strauss-Kahn, who has been tipped as a contender for the French presidency next year, also argued that the way SDRs were valued, which is currently based on a basket of currencies – the dollar, sterling, the euro and the yen – be broadened to include others such as the Chinese yuan.

      International policymakers have become increasingly concerned about the threat of currency wars as struggling governments try to hold down their own exchange rates as they clamber out of recession.

      Strauss-Kahn admitted that there were formidable hurdles to achieving a greater role for SDRs, but he warned that without urgent action, the simmering conflicts in the international financial system could tip the world back into chaos.

      “Global imbalances are back, with issues that worried us before the crisis—large and volatile capital flows, exchange-rate pressures, rapidly growing excess reserves – on the front-burner once again. Left unresolved, these problems could even sow the seeds of the next crisis,” he said.

      China, which holds much of its $2.85 trillion mountain of reserves in US Treasury bonds, has repeatedly expressed unease about the value of the dollar, while American politicians have complained that Beijing gains an unfair advantage by keeping its own currency cheap.

      The idea of SDRs emerged in 1969, to support the Bretton Woods fixed exchange rate system, but when that collapsed a few years later, the role of SDRs was largely forgotten. They allow IMF members the right to swap their own reserves for foreign currencies in times of need.

      However, at the London G20 meeting in 2009, in the midst of the credit crunch, world leaders agreed a dramatic $250bn boost to SDRs, sparking speculation that they could play a growing role in the global monetary system.

      Strauss-Kahn said the IMF was also examining ways of strengthening international policy co-ordination, and monitoring international imbalances.”

  2. Jon on May 21, 2011 at 10:39 pm

    One thing we can be sure of – what is in the news is a long way from anything even resembling the truth. The “victim” could be real, as many of these kinds of people do have all kinds of appetites run wild, or she (they) could be mind controlled stooges or agents of various sorts.

    It is important to listen to as much information coming out as is possible, evaluate and synthesize as completely as possible, and try to fit the pieces into the overall puzzle.

    The one obvious thing is that someone wanted a very visible change of leadership at IMF. That is quite clear. Sex crimes seem to be the favorite scandal/personality assassination du jour right now. (Beats a bullet in the head driving through Dallas or a midwest plane crash.) Most people react pretty strongly to sex crimes, even more so than murder, so the emotional impact on the public is hard to reverse or control.

    Yet another interesting act unfolding on the world stage.

    • Lee on May 23, 2011 at 10:45 am

      So again I ask REALLY! How do you get a maid to go in to his room when he comes out of the shower naked runs and locks door and proceeds to rape her?Ya every woman will saying I’ll do that. REALLY! And when do they know he is showering and that he will come out naked? Most people put a towel around themselves after exiting the shower! So if I’m correct how do bankers get this all done? Now I will give you that it looked suspicious when he gave up his visa and diplomatic immunity but that only proves that since HE put himself in an untenable situation that the bankers said let’s cut our ties and let him know he’s been BURNED. That makes more sense then this utter nonsense being speculated as truth! If you want to go into speculation then throw in the pilot episode of the X Files with Deep Throat and there you have high speculation on whether the truth is out there or not! You find a deep throat that can provide facts instead of speculation on this subjection then you will have something!

  3. Tim on May 21, 2011 at 9:56 pm

    I wonder if this has any connection to those Japanese Bearer Bonds.

  4. Donna on May 21, 2011 at 1:58 pm

    As an African American woman, I find it interesting that 2 African women are currently in the news: the IMF bankster’s rape victim and the former mistress of Osama bin Laden. These women may or may not have been used in some way, but we should still listen to what they have to say. Their stories confirm for me what Jon Ronson says — psychopaths are running the world. As Kola Boof, Bin Laden’s mistress, says, ”In any mansion…it’s the maids and the whores…who know the most.”

    • Joseph P. Farrell on May 21, 2011 at 7:38 pm

      In a story like this we have to listen to what everyone is saying and piece it together as best we can, I think.

  5. Kathie on May 21, 2011 at 9:35 am

    Dr. Farrell, this article is insightful. It seems that this banker fell out of favor with Rothschild. The article completes a circle of how his rival Sarkosy is linked to Frank Wisner, the Judge, and how this enhances US control over EU banking interests. But the take away here is that this was done for the reasons you mention. The tightening of controls over the food supply (grain) by the IMF prompted the decline in Iceland and Greece, and more importantly led to the Egyptian Middle East uprising. In a very insightful article, Michael gives us all a real glimpse with the entire curtain pulled back.

    snip… “The arrest of IMF Managing Director Dominique Strauss-Kahn has all the appearances of a frame-up ordered by powerful members of the financial establishment, in liaison with France’s Nicolas Sarkozy, whose presidency has served the interests of the US at the expense of those of France and the European Union. While there is for the moment no proof of a plot, the unusual circumstances of his arrest and imprisonment require careful examination.”

    snip….” Strauss-Kahn is a member of elite groups who meet behind closed doors. He belongs to the Bildeberger. Categorized as one of the world’s most influential persons, he is an academic and politician rather than a banker. In contrast to his predecessors at the IMF, he has no direct affiliation to a banking or financial institution.

    But at the same time he is the fall guy. His “gaffe” was to confront the Washington-Wall Street Consensus and push for reforms within the IMF, which challenged America’s overriding role within the organization.

    The demise of Strauss-Kahn potentially serves to strengthen the hegemony of the US and its control over the IMF at the expense of what former Defense Secretary Donald Rumsfeld called “Old Europe”.

    Regime Change at the IMF: The Frame-Up of Dominique Strauss-Kahn?
    by Prof. Michel Chossudovsky


  6. Mike M on May 21, 2011 at 7:42 am

    Well, this is not an old tactic, just look at Julian Assange, he was brought up on a BS claim of “rape”-which the accuser of the charge had known CIA ties. It is hard to differentiate the true from the false once you achieve a certain degree of social status.

  7. Charles Frith on May 21, 2011 at 6:20 am

    I’m pleased to see that the wider issue is being raised here. I’m tired of people getting distracted by hypotheticals when we know one thing for sure.The IMF is a big player in the degenerate business of banking. Any change in these institutions has to be seen as positive and those who wish to be distracted by the details of court cases are missing the bigger picture (also the Pentagon and CIA are being shuffled and I got a GOOD feeling about that too).

    As an aside the schadenfreude of Strauss was delicious to observe for me too. The IMF has been raping African countries for decades.

  8. Lee on May 21, 2011 at 6:11 am

    So if I get what your saying is that he was set up by the maid! REALLY! Or could you be saying since he got caught in this embarrassing situation that the international banking community sent a sutle message and said resign now or else! Sounds like the latter is the preferred case. It just seems to me but I don’t know all the facts and we probable never will. But that being said it seems to me that since he was naked and use to getting his own way that he tried this with the maid and found she was unwilling to fulfill he rage of lust. It’s not the first time that lust has over taken some one for there own fleshly desires. Remember David and Bathsheba!

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