NEWS AND VIEWS FROM THE NEFARIUM FEB 23, 2012

Joseph comments on Anonymous and the Bankster resignations:

Romanian prime minister and cabinet resign en masse

http://www.guardian.co.uk/world/2012/feb/06/romania-pm-cabinet-resign
2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff
resigns (financial corruption charges)

http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html
RESIGNATIONS FROM WORLD BANKS:
(1) 9/25/11 (SWITZERLAND) Bank chief resigns over
£1.5bn rogue trader crisis

http://www.dailymail.co.uk/news/article-2041385/Oswald-Gruebel-resigns-UBS-boss-steps-Kweku-Adoboli-trading-scandal.html
(2) 10/29/11 (CHINA) Resignations Suggest Shift for
China's Banks

http://online.wsj.com/article/SB10001424052970203687504577003734190522426.html
(3) 11/01/12 (INDIA) More directors of the Beed
district bank resign

http://www.thenews.coop/article/more-directors-beed-district-bank-resign
(4) 11/21/11 (JAPAN) UBS’s Japan Investment Banking
Chairman Matsui to Resign

http://www.bloomberg.com/news/2011-11-22/ubs-s-japan-investment-banking-chairman-yasuki-matsui-to-resign.html
(5) 11/29/11 (Iran) Iran's Bank Melli CEO Resigns
Over Loan Scam


(6) 12/15/11 (UNITED KINGDOM) Senior private banker
resigns from Coutts [a very exclusive private bank]

http://www.reuters.com/article/2011/12/15/coutts-fleming-idUSL6E7NF23S20111215
(7) 12/22/11 (FRANCE) Societe Generale’s Investment
Banking Chief Steps Down


(8) 1/05/12 (UNITED KINGDOM) Chief executive of
Saunderson House [Private Bank] steps down

http://www.ftadviser.com/2012/01/05/ifa-industry/people/saunderson-house-chief-executive-steps-down-M0vEWlpbSqKA3OCLZDCcGM/article.html
(9)1/09/12 (SWITZERLAND) Switzerland's central bank
chief resigns

http://www.aljazeera.com/news/europe/2012/01/201219145612935171.html
(10) 1/12/12 (United Kingdom) Lloyds’ head of
wholesale quits

http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/
(11) 1/19/12 (SPAIN) Spanish bank Santander's
Americas chief quits

http://www.expatica.com/es/news/spanish-news/spanish-bank-santander-s-americas-chief-quits_202395.html
(12) 1/20/12 (JAPAN) Normura's head of wholesale
banking quits

http://www.euromoney.com/Article/2959021/Nomuras-head-of-wholesale-banking-quits.html
(13) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank
Governor Alan Bollard to Step Down in September

http://www.bloomberg.com/news/2012-01-29/new-zealand-reserve-bank-governor-alan-bollard-to-step-down-in-september.html
(14) 1/21/12 (Greece) Banks' top negotiator quits
Greece, but talks go on

http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go
(15) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh
Chaturvedi
quits:http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html
(16) 2/07/12 (INDIA) Falguni Nayar quits Kotak
Mahindra Bank

http://articles.economictimes.indiatimes.com/2012-02-07/news/31031134_1_kotak-mahindra-bank-falguni-nayar-shanti-ekambaram
(17) 2/07/12 (IRAN) Iran denies central bank
resignation rumor (don't believe until its denied?)

http://finance.yahoo.com/news/iran-denies-central-bank-resignation-164154294.html
(18) 2/09/12 (VATICAN) Four Priests Charged In
Vatican Banking Scandal

http://articles.businessinsider.com/2012-02-09/europe/31040509_1_anti-money-laundering-law-vatican-finances-italian-tv
(19) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO
resigns

http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/
(20) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns

http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html
(21) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres
Rosales resigns

http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html
(22) 2/14/12 (UNITED KINGDOM) Social finance pioneer
Hayday steps down from Charity Bank

http://www.socialenterpriselive.com/section/news/people/20120214/social-finance-pioneer-hayday-steps-down-charity-bank
(23) 2/15/12 World Bank CEO Zoellick resigns

http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/
Did the White House tell the World Bank president
that he's out?

http://bosco.foreignpolicy.com/posts/2012/02/15/did_the_white_house_tell_the_world_bank_president_that_hes_out
(24) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks
CEO's (2) resign

http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html
(25) 2/15/12 (KENYA) Governor of Kenyan Central Bank
to Resign

http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign
(26) 2/16/12 (GHANA) Ken Ofori-Atta steps down as
Executive Chair of Databank Group

http://business.thinkghana.com/pages/finance/201202/57429.php
(27) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks
Managing Director Quits

http://webcache.googleusercontent.com/search?q=cache:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us
(28) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia
resigns

http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill
(29) 2/16/12 (AUSTRALIA) Royal Bank of Scotland
Austrailan CEO Stephen Williams resigns

http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981
(30) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO
by summer

http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/
(31) 2/18/12 (PAKISTAN) AJK Bank’s executive steps
down

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/national/18-Feb-2012/ajk-bank-s-executive-steps-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29
(32) 2/20/12 (RUSSIA) Head of Russian Bank Regulator
Steps Down

http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711
(33) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph
Tan resigns

http://www.businessweek.com/news/2012-02-20/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html
(34) 2/10/12 (KOREA) Korea Exchange Bank chief steps
down

18 thoughts on “NEWS AND VIEWS FROM THE NEFARIUM FEB 23, 2012”

  1. http://www.disinfo.com/2012/03/in-service-to-fbi-informant-publicly-advocates-theft-conspiracy/
    http://www.deathandtaxesmag.com/179764/anonymous-has-grown-beyond-lulzsec-and-sabu/

    The ringleader, ‘Sabu’, of these hackers, ‘LulzSec’ (an offshoot of Anonymous), was actively working with law enforcement to lead his fellow cohorts into the honeypot, entrap them, and expose them to legal penalties. I suspect this was orchestrated entirely to further tighten the grip around Wikileaks, because the US seems to have trouble nabbing Julian Assange legally, or implicating him in very harsh legal penalties. The US has desired to get Bradley Manning to testify that Julian Assange nursed him in how to make available the classified documents to Wikileaks, thereby implicating directly Assange in the illegality of the theft of the documents- denying him the cover of being a ‘journalist’, which affords him some protection under US laws. So by implicating Wikileaks itself in this Stratfor hack, the US is seeking to structurally augment how information flows around the internet. I seem to recall some information (I think here on gizadeathstar.com) about how the elites are concerned about the awakening consciousness of the people- fuelled by the invaluable information disseminated across the internet- that they can no longer control as they used to in pre-internet days. Targeting Wikileaks, receiving a strong legal result against Wikileaks, will criminalise the architecture of information distribution used therein, forcing the whole operation underground. This, in essence, is an attack on the strongest tool we, the people, have against corrupt power, and the Wikileaks saga is an attack on our very freedoms we in Western democracies cherish as the bedrock upon which our societies are founded.
    There are two aspects to consider here:
    1) INFORMATION OBTAINING: how the ‘stolen’ information was obtained by (I) Bradley Manning, and (II) Anonymous/LulzSec:
    a. genuinely “stolen”: the system did not recognise the data was stolen until it was informed of the theft by the perpetrators; or,
    b. merely given to the patsy in exercising their role as the messenger in a larger social engineering programme (the system allowed itself to be purposefully infiltrated to orchestrate a deeper legal dragnet and clamp down on social liberties); and,
    2) INFORMATION DISTRIBUTION: once that information was obtained, then means of information dispersal was an issue given old media (newspaper, tv, radio) was restricted via well-worn media regulation (although see Rupert Murdoch’s UK troubles for exposing this as a farce) whereas new media (internet) was lawless, and, critically, in the hands of everyone- not merely “responsible” newspaper editors who are part of the establishment and would not, by and large, publish stolen information for fear of legal repercussion. This second issue is the difference between ‘stealing’ and ‘handling stolen goods’. Assange has predicated his defence on being a journalist and merely distributing what came to him- without prior knowledge of how the information came to be in his possession (stolen by another party). The US went through all this in the Pentagon Papers, and now it’s déjà vu. They are seeking to collapse the distinction between stealing and merely offering what you did not know were stolen goods- the wilfully blind defence.
    Further to all of this, it seems to me that the US is quite desperatee to get their hands on Assange for reasons perhaps not entirely obvious to us now- reasons in excess of what we know publicly- and I suspect it might have to do with information he might have in his possession regarding:
    1) Breakaway civilisation; and/or,
    2) The Global Financial Crisis and related banking matters (possibly linked to (1)); and/or,
    3) Military secrets regarding weaponry (Gary McKinnon, anyone?)
    I also think that the US is desperate to set a legal precedent because it foresees that it might have to deal with hackers from overseas (and what they might know), which would pose a minefield in terms of extradition and prosecution. Just look at the troubles the US could face in extraditing Assange from EU countries with their own laws that are subject (to some extent) to centralised EU courts, which Assange could make use of. And all of this has further implication for hackers the US is most concerned about: the Chinese. If nothing else, Assange, Wikileaks, Anonymous have shown us a brazenness that can only further put wind in the sails of the Chinese and other national rogue hacking networks. And if a few pesky, disgruntled Westerners can get all this done, imagine how much a state-sponsored, organised, aligned hacker outfit from an enemy state could do? Joseph, I seem to recall you mentioning that the book-rights to one of your works were taken up to be published in Chinese. Is that right? Do you have any info coming out of China on what they precisely have gotten their hands on in the much-maligned hacking they get up to, which even prompted the US to upgrade to ‘military attack’ any hacking activity by foreign states?

    And to tie it back to the bankster bastards, here is a quote from one of those links at the top:
    “Here’s a suggestion to the FBI: Maybe you should spend a little less time pursuing Anonymous and put more effort into bringing to justice the white-collar criminals who crashed the economy in 2008, thereby pocketing billions and evaporating middle class savings, delaying retirement, and sending families into the grip of poverty; driving individuals to suicide, or illegal and prescription drug use to numb the pain; to theft, alcoholism, and welfare that the GOP hates so much; and saddling college graduates with hundreds of thousands of dollars in debt from which they won’t soon liberate themselves.”

    The Icelandic Prime Minster went on trial this week for his part in the Global Financial Crisis that brought his country, and the world, to near the brink of bankruptcy. I find this interesting timing given your reports of all the banker resignations recently. There surely does seem to be something afoot in the global financial environment. I hope Assange has some information which implicates more government figures in financial manipulation. I am strongly of the belief that world economies, through global institutions like the IMF and World Bank, are siphoning off money for a breakaway civilisation and funnelling it into pet projects for the eventual (maybe immanent) doomsday scenario when they will need to engage in eugenic sifting of the population in sparing the few whilst the many are left to burn. It’s completely apocalyptic in scope and disgraceful!!!!!
    I am now interested in:
    1) What China knows regarding secret technology and financial manipulation, and has hacked and stolen from the US; and,
    2) What will Putin’s recently muddied political waters, and his stated outrage at Western interference in domestic Russian politics (an attempt to bring an Arab Spring or Colour Revolution to Russia), what will all of this mean for Putin’s attitude toward the west, what will Russia’s new political and military posture regarding the West be? All of that set against the background of the missile defence shield the US is planting on his doorstop in Eastern Europe.
    I am very interested in the US, China, Russia and their respective militaries and technology and any information they might have on ETs, UFOs, and exotic manipulation of humanity.

    1. Great post Genesis! You raise some good points and questions… I too am interested in the Russian files on UFOs and so on…but I tend to distrust most of the researchers out there on the subject

  2. http://online.wsj.com/article/SB10001424052970203918304577241844134189560.html?mod=WSJ_hp_us_mostpop_read

    By DAISUKE WAKABAYASHI And JEFF BATER

    The U.S. government entered the battle against Japanese organized crime, announcing a freeze on American-owned assets controlled by the largest yakuza syndicate, Yamaguchi-gumi, and the group’s top two leaders.

    The U.S. Treasury Department has frozen American-owned assets controlled by a syndicate of the Yakuza, one of Japan’s largest organized crime groups. WSJ’s Deborah Kan discusses with Daisuke Wakabayashi.

    The sanctions imposed by U.S. Treasury Department Thursday are the latest blow to Japan’s nearly 80,000-strong yakuza gangsters, who face tougher conditions at home from increasingly aggressive enforcement of laws that prevent ordinary citizens from knowingly associating or accepting business from gang members.

    David Cohen, the Treasury’s undersecretary for terrorism and financial intelligence told reporters in Washington, D.C., that the Yamaguchi-gumi generates billions of dollars annually in illicit proceeds from criminal endeavors such as drug trafficking, human trafficking, extortion, fraud and money laundering. He declined to elaborate, or provide an estimate on the amounts that could be frozen under Thursday’s order.

    An official in Japan’s Foreign Ministry said that the Japanese government was “aware” of the U.S. action, but declined additional comment. Officials at Yamaguchi-gumi were not immediately available for comment.

    Sixth-generation Yamaguchi-gumi leader Kenichi Shinoda, AKA Shinobu Tsukasa, after his release from prison last April

    The sanctions against the Japanese syndicate were the first under an executive order issued by U.S. President Barack Obama last July, which extended financial penalties used to disrupt suspected terror groups to organized crime as well.

    In addition to targeting the Yamaguchi-gumi, the Treasury said Thursday that it would take similar action against eight members of The Brothers’ Circle, a multiethnic network that includes the leaders of criminal groups in Europe, the Middle East, Africa and Latin America. U.S. banks are expected to immediately freeze the assets of 10 people named in the order.

    Treasury Department statement

    “They use our financial system, they use our commercial system to both penetrate the markets, to disrupt the markets and to make use of their illicit proceeds,” Mr. Cohen said of both groups. “One of our most important roles is to protect the integrity of the U.S. and international financial systems.”

    In addition to identifying the 35,000-member Yamaguchi-gumi, U.S. officials said they would freeze the assets of the two top officials of the group, Kenichi Shinoda and Kiyoshi Takayama.

    Mr. Shinoda, who also goes by the alias Shinobu Tsukasa, is the sixth-generation leader, or godfather, of Yamaguchi-gumi. He was released from prison in April after serving a six-year sentence for owning firearms, a violation of Japanese law. Mr. Takayama, who was acting as the de facto leader while Mr. Shinoda was in prison, was arrested in 2010 on extortion charges.

    Over the last few years, Japanese police and local governments have stopped the deeply entrenched practice of indulging the influence of yakuza whose crimes range from traditional activities such as protection rackets and loan sharking to white collar crimes such as stock market schemes. Late 2011, the governments of Tokyo and the southern island of Okinawa joined the rest of the country in introducing laws that target the companies that do business with gangsters.

    In a rare interview with the Sankei newspaper in October, Mr. Shinoda, one target of Thursday’s actions by the U.S. Treasury, said the anti-yakuza laws could ultimately threaten public safety, because organizations such as Yamaguchi-gumi provide a framework to maintain a chivalrous code to many young people.

    “If Yamaguchi-gumi were to disband, public order would probably worsen,” he said. “I know it may be hard to believe but I am protecting Yamaguchi-gumi in order to lose the violent groups.”

    In Tokyo, if a person or firm breaks the ordinance, they will be warned first. But if they persist on maintaining ties, they will be threatened with shame by having their names exposes. The public exposure of possible ties to yakuza could threaten its other business relationships. A final measure for repeat offenders is a fine and, possibly, jail.

    Last year, Shinsuke Shimada, one of Japan’s most successful comedians who hosted a variety of talk shows, resigned abruptly from his management company once his ties to organized crime were revealed, prompting pledges from executives across Japan’s entertainment industry—long rumored to be a hotbed of yakuza influence—to crack down on any gangster ties.

    The ordinances will likely send yakuza gangsters deeper underground. Since the early 1990s, the yakuza have been stepping back from maintaining a fairly open profile. Many gangsters carried business cards emboldened with their gang affiliation and were registered as members of a “boryokudan,” translated literally as “a violent group.”

    The number of registered yakuza members is on the decline. According to figures from the Japan’s National Police Agency, there were 78,600 registered “boryokudan” members in 2010, a decline of 14% since 1991. The same report said Yamaguchi-gumi’s membership fell 4% from a year earlier to 34,900 members

    1. And:

      http://online.wsj.com/article/SB10001424052970203918304577242112495826018.html?mod=WSJ_hp_us_mostpop_read

      By TAKASHI MOCHIZUKI and KENNETH MAXWELL

      TOKYO—Japan’s financial regulator said it has halted operations of a little-known Tokyo money-management company after finding it has allegedly lost billions of yen in client money.

      Shozaburo Jimi, the minister responsible for regulation in the financial-services industry, said that the Financial Services Agency, will scrutinize operations at all 263 investment management firms in business in Japan as a result of the AIJ case.

      In one of the biggest cases of its kind in Japan, Japan’s FSA Friday said investigators have been probing 120 cases involving clients of AIJ Investment Advisors Co., which manages corporate pension funds. Investigators found that AIJ has lost “most of” the ¥183 billion, or about $2.3 billion, in pension-fund assets it had under management, FSA officials said.

      Japan Real Time: Missing Funds: Watchdogging Japan
      The FSA said it couldn’t comment on details, including why the money was missing or the exact amount of losses found. The agency has ordered the firm to suspend operations for a month.

      Phone calls to AIJ’s office in central Tokyo were directed to a voicemail system that told callers to try again later. The firm’s Internet site says it was founded in 1989, capitalized at ¥230 million.

      Microchip testing equipment maker Advantest Corp. and industrial robot maker Yaskawa Electric Corp. confirmed that they are among the clients that placed pension money with AIJ, but declined to specify how much.

      A Yaskawa spokesman described the company’s investments with AIJ as “very minor,” accounting for less than 2% of all its pension fund investments.

      —Atsuko Fukase contributed
      to this article

  3. Hi Dr. Farrell,

    I’m very much looking forward to your interview with Randy Maugens (sp?)- I have much respect for Maugens’ objectivity and “questioning-everything” mind-set-

    Larry in Germany

  4. just for the record: the recently resigned German president (not to be confused with the position of chancellor) is Christian Wulff, not “Ruff”

    Larry in Germany

  5. Robert Barricklow

    Thanks for the heads up on the novel, COUP D’TWELVE: The Enteprise That Bought the Presidency by David e Martin.
    A great nonfiction book on the suject is: Crisis By Design: The Untold Story of the Global Financial Coup and What You Can Do About It. Coupled with your Babylon’s Banksters book it brings a picture of near total control by asinister financial criminal syndicate.

    Looking forward to Bankster’s sequel!

    1. Near ?
      I guess that’s not enough for “THEM.”

      Anyone remember the old SciFi movie of the same
      name about mutated giant ants in the desert that
      ate people ?
      I think the simily is very apt !

  6. OK, good stuff Dr Farrell, thanks.

    This banking situation is definitely heating up is worth taking 3 minutes of your time to view this interview with Janet Tavakoli posted at Karl Denninger’s site. http://market-ticker.org/akcs-www?post=202446

    For a REALLY in-depth look at the huge financial problems facing us and indeed the world since early 2007, Denninger has a good handle on the day-to-day dealings in the financial sense. Be forewarned that Denninger is highly opinionated but for the most part he is not caught up in the partisan political battles swirling around us today.

    http://market-ticker.org/akcs-www?blog=Market-Ticker

  7. BTW
    To further my point.
    We have a moneyed system based on debt.
    Is that not so ?
    That’s a bad thing.
    Is that not so ?
    Then something UNLIKE it should be a good thing.
    Is that not so ?

    1. we have a system based on fraud.
      The fraud is usury.
      The controllers of currency own everything eventually, everytime, simply contract the money supply and the house of cards falls. No matter how hard you work, there is no money to be found to pay the debt and thus they own the asset.

      It is a non winnable game.
      The correct move Mr. IBM is not too make the first move.

      That is why Jesus only violent act was in the temple of the money changers. He destroyed the game.

  8. Indeed !!
    With the “Flip Side” now in view, it can only be
    the better scenario; a good thing……..yes ?

    Rogue:
    Scoundrel, mischievous group or person….(?)
    OR
    an abnormal plant or animal………….
    So says Webster.
    BUT
    why the negative?
    IF
    the normal is BAD, which it is, then the “abnormal”
    must be good in such a situation as we are in, concerning
    the Moneyed Elite World Controllers.

    I’ve been expecting this.

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