May 21, 2011 By Joseph P. Farrell

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...