Massive Bank and High Profile Resignations Across the World

[Sabrina]

I posted this under the Sir James of Blackheath/House of Lords thread, but it's been suggested that this merits a thread of its own. So here it is. Hope we can keep adding to it.

Must be a lot happening behind the scenes...

Resignations Global Banks ....

1 World Bank CEO Zoellick resigns
http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/

2 Anz Bank CFO Australia resigns
http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoil

3 Nicaraqua Central Bank Pres Rosales resigns
http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html

4 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

5 GERMAN PRESIDENT Christian Ruff resigns
http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html

6 Royal Bank of Scotland Austrailin 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

7 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

8 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

9 Bank of India CEO Chaturvedi resigns
http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

10 Tamilnad Mercantile Bank CEO resigns
http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

11 GOLDMAN SACHS CEO Blankenfein to resign (Nothing printed on this yet UNLESS this JUST happened. Last article said he is not stepping down in 2011). http://www.huffingtonpost.com/2011/05/06/lloyd-blankfein-goldman-s_n_858647.html?l

12 Kuwait central bank chief resigns amid political tensions
http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html

[Sabrina]

Call to stop US monopoly on World Bank starts.

http://m.guardian.co.uk/business/2012/feb/15/world-bank-robert-zoellick-successor?cat=business&type=article

¤=[Post Update]=¤

OK not a banker, but German President resigns.

http://www.spiegel.de/international/germany/0,1518,815910,00.html

[chancy]

I posted this under the Sir James of Blackheath/House of Lords thread, but it's been suggested that this merits a thread of its own. So here it is. Hope we can keep adding to it.

Must be a lot happening behind the scenes...

Resignations Global Banks ....

1 World Bank CEO Zoellick resigns
http://business.time.com/2012/02/15/...llick-resigns/

2 Anz Bank CFO Australia resigns
http://www.proformative.com/news/147...s-amid-turmoil

3 Nicaraqua Central Bank Pres Rosales resigns
http://www.bloomberg.com/news/2012-0...-amid-row.html

4 Credit Suisse Chief Joseph Tan resigns
http://www.businessweek.com/news/201...n-resigns.html

5 GERMAN PRESIDENT Christian Ruff resigns
http://www.dailymail.co.uk/news/arti...ed-resign.html

6 Royal Bank of Scotland Austrailin CEO Stephen Williams resigns
http://www.theaustralian.com.au/busi...-1226272513981

7 Kuwait Central Bank CEO resigns
http://www.washingtonpost.com/busine...OAR_story.html

8 Slovenia TWO largest Banks CEO's (2) resign
http://www.bloomberg.com/news/2012-0...s-resigns.html

9 Bank of India CEO Chaturvedi resigns
http://www.livemint.com/2012/02/0616...itabh-Cha.html

10 Tamilnad Mercantile Bank CEO resigns
http://www.business-standard.com/ind...resigns/464259

11 GOLDMAN SACHS CEO Blankenfein to resign (Nothing printed on this yet UNLESS this JUST happened. Last article said he is not stepping down in 2011). http://www.huffingtonpost.com/2011/0..._n_858647.html

Bulldog75: http://www.washingtonpost.com/busine...OAR_story.html

Hello: There is only number 11 and the last link working? Nothing at the other urls.
Is there a reason all these Bank CEO's resigning?
chancy

[Mare]

None of the above links in the Op work apart from number 11. Interesting, as I'm sure they were working earlier for people to thank the post.

[Lifebringer]

They are taking down the article sites, and covering up the resignations to keep the runs on the financial business from occurring. Need to send it to the major sites just to spread the word.

[Lifebringer]

Those other sights must be OWNED by the ptw, and they are hiding the firing, or resigning from the people. So glad Huff at least allowed 269 comments, but this should go global viral on twitter, facebook, or chat.

Thank God I put my money in a credit union three years ago.

[Sabrina]

Well they seemed to be working on the original post I did apart from one just now.

http://projectavalon.net/forum4/showthread.php?40865-Lord-James-of-Blackheath-15-Trillion-750-000-metric-Tons-of-Gold&p=431431#post431431

¤=[Post Update]=¤

Civil war breaks out at Royal Bank of Scotland (and bankers arrested for tax fraud apparently not connected with the bank).

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9090330/Civil-war-breaks-out-at-Royal-Bank-of-Scotland.html

[Lifebringer]

Love your avitar, looks like you are flying. i still haven't decided on what to rep myself by, but I'll find the right one yet.
I'm thinking of a Venus/Thinker for the Avitar, I'll have to create it first and transfer it.

[bmdb]

Very interesting developments indeed.

[Lettherebelight]

This very strange indeed...how those links ar 'not found' status now....

I agree, they can't let the lid off of this or there'll be big runs breaking out everywhere...

Did they resign? Why?...or we're they fired! By whom?

[ThePythonicCow]

Well they seemed to be working on the original post I did apart from one just now.
It looks like you copied and pasted what is displayed of the post, rather than copying the actual links. Since what is displayed on a webpage, for long links, is abbreviated (middle portion replace with three dots ...) the link as displayed does not usually work.

If you had done an Edit Post of your original, and copied over the source for your post, that would have worked.

I went back into your opening post above, just now, and fixed all the links - the hard way - one by one - searching for the originals. I could have saved myself a few minutes work if I had read the thread first, and seen where you originally posted this.

I take it that this initially came from the following website http://www.dinarrecaps.com/1/post/2012/02/bulldog75-worldwide-bank-resignations.html We recommend providing links to the original when material is obtained from elsewhere on the web. Thanks.

[ThePythonicCow]

This very strange indeed...how those links ar 'not found' status now....
I fixed the links in opening post of this thread. See my previous post just above.

[ThePythonicCow]

The Blankfein resignation rumors are a bit funny. Here's an announcement he's resigning or considering it, from 2010 ALERT: Blankfein Forced to Resign (April 10, 2010) (http://www.wallstreetoasis.com/blog/alert-blankfein-forced-to-resign), and here's another from 2011 Lloyd Blankfein to resign from Goldman? (April 18, 2011) (http://www.gfsnews.com/article/1655/1/).

The rumors of his departure are premature, as Mark Twain would say :).

[Lisab]

Thanks for this thread Sabrina, very interesting developments indeed. Definetly alot going on behind the scenes as you say.

[ThePythonicCow]

Here's another resignation - from the Vatican - Scandal-hit Legion of Christ’s female branch in turmoil as director resigns, group splits off (http://www.washingtonpost.com/world/europe/scandal-hit-legion-of-christs-female-branch-in-turmoil-as-director-resigns-group-splits-off/2012/02/14/gIQAVNwnDR_story.html)

[blufire]

The top “maybe” 10% of the insider bankers, stock brokers, and financial people started feathering their nest, resigning and ‘going to ground’ way back in 2003 or 2005. I have documents saved starting about that time . . . ceo’s from major world companies resigning . . . major upsets in ceo’s of the top brokerage companies.

There’s a reason the market (dow) shot up to almost 15000 before the well executed crash in 2008

There’s a reason why TRILLIONS of dollars in ‘tarp’ was shoveled out . . . who do you think ended up with all that money.

There’s a reason why all these very powerful families are ‘disappearing’ from public

And on . . . and on . . . . and on

They aren’t resigning under protest or being fired . . . . . they are ‘going to ground’ in a very comfortable existence while the rest of the world is left to fend for themselves under horrible conditions.

Ask yourself am I one of the unsuspecting ‘lemmings’ or even a sheep being led to slaughter?? Or are you staring reality in the face and preparing for what TPTB are very well prepared for? Starting with the blatant TRUTH of what is happening around us on a global scale.

Sadly and disturbingly I have seen way to much of this mindset on Avalon and other alternative forums the past year.

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very little to prepare and starting with acknowledging the TRUTH that most here claim to search for.

[ThePythonicCow]

And here's several more:

CEO resigns from Christopher & Banks (women's clothier) (http://www.thehawkeye.com/story/Christopher---Banks-021912)
Terra Gruppen (Norwegian Banking service alliance) AS Chief Executive Officer Stein Ole Larsen resigned yesterday (http://www.bloomberg.com/news/2012-02-18/terra-to-close-equity-trading-desk-ceo-resigns-after-fsa-report.html)
BonTerra Resources (Canadian resources) CEO Mitchell Adam resigns (http://www.reuters.com/article/2012/02/16/bonterra-idUSL4E8DG39P20120216)
Dubai Aerospace says acting CEO resigns (http://www.reuters.com/article/2012/02/15/emirates-dubaiaerospace-idUSL5E8DF6K520120215)
Stryker (medical equipment - Michigan, USA) CEO Stephen P. MacMillan resigns for family reasons (http://www.woodtv.com/dpp/news/local/kalamazoo_and_battle_creek/stryker-ceo-resigns-for-family-reasons)
Friendly's CEO resigns a month after ice cream restaurant emerges from bankruptcy protection (http://www.startribune.com/business/139084844.html)
Akron General (healthcare) CEO resigns, board names physician leader new CEO (http://www.ohio.com/news/break-news/akron-general-ceo-resigns-board-names-physician-leader-new-ceo-1.264231)

[Unified Serenity]

And here's several more:


CEO resigns from Christopher & Banks (women's clothier) (http://www.thehawkeye.com/story/Christopher---Banks-021912)
Terra Gruppen (Norwegian Banking service alliance) AS Chief Executive Officer Stein Ole Larsen resigned yesterday (http://www.bloomberg.com/news/2012-02-18/terra-to-close-equity-trading-desk-ceo-resigns-after-fsa-report.html)
BonTerra Resources (Canadian resources) CEO Mitchell Adam resigns (http://www.reuters.com/article/2012/02/16/bonterra-idUSL4E8DG39P20120216)
Dubai Aerospace says acting CEO resigns (http://www.reuters.com/article/2012/02/15/emirates-dubaiaerospace-idUSL5E8DF6K520120215)
Stryker (medical equipment - Michigan, USA) CEO Stephen P. MacMillan resigns for family reasons (http://www.woodtv.com/dpp/news/local/kalamazoo_and_battle_creek/stryker-ceo-resigns-for-family-reasons)
Friendly's CEO resigns a month after ice cream restaurant emerges from bankruptcy protection (http://www.startribune.com/business/139084844.html)
Akron General (healthcare) CEO resigns, board names physician leader new CEO (http://www.ohio.com/news/break-news/akron-general-ceo-resigns-board-names-physician-leader-new-ceo-1.264231)



very interesting...... I wonder how many bankers and ceo's have resigned like this in recent memory. I'm with Blufire.

[EnergyGardener]

The top “maybe” 10% of the insider bankers, stock brokers, and financial people started feathering their nest, resigning and ‘going to ground’ way back in 2003 or 2005. I have documents saved starting about that time . . . ceo’s from major world companies resigning . . . major upsets in ceo’s of the top brokerage companies.

There’s a reason the market (dow) shot up to almost 15000 before the well executed crash in 2008

There’s a reason why TRILLIONS of dollars in ‘tarp’ was shoveled out . . . who do you think ended up with all that money.

There’s a reason why all these very powerful families are ‘disappearing’ from public

And on . . . and on . . . . and on

They aren’t resigning under protest or being fired . . . . . they are ‘going to ground’ in a very comfortable existence while the rest of the world is left to fend for themselves under horrible conditions.

Ask yourself am I one of the unsuspecting ‘lemmings’ or even a sheep being led to slaughter?? Or are you staring reality in the face and preparing for what TPTB are very well prepared for? Starting with the blatant TRUTH of what is happening around us on a global scale.

Sadly and disturbingly I have seen way to much of this mindset on Avalon and other alternative forums the past year.

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very little to prepare and starting with acknowledging the TRUTH that most here claim to search for.

blufire,

You may be correct that all reports of the Illuminati's demise are false disinformation releases to keep this "mindset on Avalon and other forums" complacent.

Isn't that all the more reason to do everything we possibly can to raise public awareness of what is really going on? Non-Illuminati are in the vast majority; doesn't it make sense to raise public awareness to the insure that this news becomes real?

What is the objective of shouting "Fools" without supporting or proposing a solution yourself?

Sadly and disturbingly I have seen way to much of this mindset on Avalon and other alternative forums the past year.

EnergyGardener

[percival tyro]

This could be A karmic pandemic. I wonder if politicians are susceptible?. Let's hope so...

[blufire]

EnergyGardner you said:


Isn't that all the more reason to do everything we possibly can to raise public awareness of what is really going on? Non-Illuminati are in the vast majority; doesn't it make sense to raise public awareness to the insure that this news becomes real?

Exactly what real news do you want to be made known? And I mean exactly . . . . . . That tptb, elite or illuminati are being brought down? Because if that is ‘your news’ then you are way off base. They are ‘resigning’ because in their world . . . .the world they have carefully orchestrated . . . . it is time to begin the next step. That step being a controlled crash of the global economic systems so the ‘new one’ . . . One World Government . . . .can then be implemented. ‘They” are not defeated they could give a crap what we think or believe. In fact, it seems from the posts of many that we are coming along nicely in what ‘they’ want us to believe.

EG you also said:


What is the objective of shouting "Fools" without supporting or proposing a solution yourself?

I suggest you read a thread I started a while back. I’m working diligent in trying to provide a workable solution that is viable NOW for anyone who chooses to thrive . . . . .got a ways to go . . . .but I’m very hopeful and at peace. I am focused on leading by example and carving a path.

http://projectavalon.net/forum4/showthread.php?32007-Deep-in-Foxfire-Hollow--meanderings-of-a-slightly-crazy-mountain-woman-

[passiglight]

Well said Bluefire

[Maia Gabrial]

So, I'm thinking that things are definitely starting to change. The cacaroaches are scrambling to hide because if they don't hide now, they'll be caught and put in prison....
:wizard: :wizard: :wizard: Run! There's no place to hide!

[EnergyGardener]

EnergyGardner you said:


Isn't that all the more reason to do everything we possibly can to raise public awareness of what is really going on? Non-Illuminati are in the vast majority; doesn't it make sense to raise public awareness to the insure that this news becomes real?

Exactly what real news do you want to be made known? And I mean exactly . . . . . . That tptb, elite or illuminati are being brought down? Because if that is ‘your news’ then you are way off base. They are ‘resigning’ because in their world . . . .the world they have carefully orchestrated . . . . it is time to begin the next step. That step being a controlled crash of the global economic systems so the ‘new one’ . . . One World Government . . . .can then be implemented. ‘They” are not defeated they could give a crap what we think or believe. In fact, it seems from the posts of many that we are coming along nicely in what ‘they’ want us to believe.

EG you also said:


What is the objective of shouting "Fools" without supporting or proposing a solution yourself?

I suggest you read a thread I started a while back. I’m working diligent in trying to provide a workable solution that is viable NOW for anyone who chooses to thrive . . . . .got a ways to go . . . .but I’m very hopeful and at peace. I am focused on leading by example and carving a path.

http://projectavalon.net/forum4/showthread.php?32007-Deep-in-Foxfire-Hollow--meanderings-of-a-slightly-crazy-mountain-woman-

blufire,

I have previously read your thread and look forward to that continued work.

As you may know from my Five Steps posted (I have requested ROMANTK to make his thread "MAKE THIS GO VIRAL by an unknown person," as the First Step), I am looking forward to your input of the same.

Perhaps we can do our part toward the subject of this thread...:focus:

Sincerely,

EnergyGardener

[Sabrina]

I find it funny that when I logged into Avalon tonight I couldn't find this thread without going into my posts, although it had more reads than others on the first two pages. Ain't going to make a conspiracy of it as life's too short, and tend not to take it all too seriously any more (leave that to the shrills), but we are starting to live in interesting times (at last)!! :) S

[EnergyGardener]

I find it funny that when I logged into Avalon tonight I couldn't find this thread without going into my posts, although it had more reads than others on the first two pages. Ain't going to make a conspiracy of it as life's too short, and tend not to take it all too seriously any more (leave that to the shrills), but we are starting to live in interesting times (at last)!! :) S

Sabrina, the same thing happened to me one occasion: it was gone, just disappeared! Even another Avalonian asked me where it was....I am sure there is a logical and boring explanation.

[Sabrina]

I find it funny that when I logged into Avalon tonight I couldn't find this thread without going into my posts, although it had more reads than others on the first two pages. Ain't going to make a conspiracy of it as life's too short, and tend not to take it all too seriously any more (leave that to the shrills), but we are starting to live in interesting times (at last)!! :) S

Sabrina, the same thing happened to me one occasion: it was gone, just disappeared! Even another Avalonian asked me where it was....I am sure there is a logical and boring explanation.

Yep sure you are right EnGard... some artificial intelligence gadget has bamboozled us in a moment of boredom and we haven't even been asked to show our ex-Navy Seal credentials.... (mine are very well hidden)... :)

[ThePythonicCow]

Sabrina, the same thing happened to me one occasion: it was gone, just disappeared! Even another Avalonian asked me where it was....I am sure there is a logical and boring explanation.

There are approximately 40,000 threads and 400,000 posts in the forum database, as one can see from the numbers "41059" and "432425" in this post's URL (not quite all these numbers are actually in use.)

Sometimes things are hard to find in all that :),

[lelmaleh]

Let's hope it's the beginning of the end for this oppressive system.

[mosquito]

I suggest you read a thread I started a while back. I’m working diligent in trying to provide a workable solution that is viable NOW for anyone who chooses to thrive . . . . .got a ways to go . . . .but I’m very hopeful and at peace. I am focused on leading by example and carving a path.

http://projectavalon.net/forum4/showthread.php?32007-Deep-in-Foxfire-Hollow--meanderings-of-a-slightly-crazy-mountain-woman-

Many many thanks for your post and the above link (don't know why I missed thethread at the time !!!)

[kcbc2010]

Sounds like they may be getting out before the s-t hits the fan......

[WhiteFeather]

Do we have close proximity timeframes on these resignations. Hours apart Days apart, anyone know. Were they all in one day?

[DreamsInDigital]

Sounds like they may be getting out before the s-t hits the fan......
Oh they're not going to get away...there aren't any DUMBS for them to hide in, and the Liberating Forces have vowed "No Where To Run, No Where To Hide." so above and below.

[Free Bird]

...

Ask yourself am I one of the unsuspecting ‘lemmings’ or even a sheep being led to slaughter?? Or are you staring reality in the face and preparing for what TPTB are very well prepared for? Starting with the blatant TRUTH of what is happening around us on a global scale.

Sadly and disturbingly I have seen way to much of this mindset on Avalon and other alternative forums the past year.

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very littleto prepare and starting with acknowledging the TRUTH that most here claim to search for.

I don't think it really matters whether you are a lemming or 'staring reality in the face' ... Reality is an illusion :)

I believe most Avalonians "know" what the truth is and therefore "fear" doesn't enter the equation.

In about a year or so, I have the wonderful feeling the world will have undergone a huge consciousness shift and instead of fear, we will find more love in our lives.

Peace and Love
-xxxxx-

[eileenrose]

Good news, bad news, .....who knows.

(as a wise man once said).

[Pete]

I hope this may also shed some light on to something else that is going to be very significant factor. Change is a foot.

The ECB Has Opened Pandora’s Box [This is very important! Thanks to A.]
Posted on February 20, 2012
In my opinion, by doing this, the-powers-that-were have only accelerated the final curtain. ~J

Submitted by Tyler Durden on 02/19/2012 12:45 -0500
zerohedge.com

Submitted by Mark Grant, author of “Out of the Box and onto Wall Street“

The ECB has Opened Pandora’s Box

“I believe that banking institutions are more dangerous to our liberties than standing armies. “
-Thomas Jefferson

I am not going to speculate about anything this morning. No guesses about what the Finance Ministers might do on Monday, no simple addition or subtraction that the data used to forecast Greece’s return to a 120% debt to GDP ratio is a falsification of the numbers, no mention that only nineteen cents of any bailout for Greece would actually go to the country; I am not going to discuss anything except what the European Central Bank has actually done and what we now know with a one hundred percent (100%) certainty and the horrifying implications of their actions.

“There are no necessary evils in government. Its evils exist only in its abuses.”
-Andrew Jackson

The ECB, on its own and without judicial or parliamentary review, has swapped their Greek debt for new Greek debt that is not subject to any “collective action clause.” They did this unilaterally and without the consent of any other sovereign debt bond owners of Greek debt. They did this without objection of any nation in Europe. They have retroactively changed the indenture, the contract made by Greece with all of the buyers of their bonds, when the debt was issued. There is no speculation involved in these statements, there is no longer any guesswork on what might be; the ECB swapped their bonds for new Greek bonds with the assent of the Greek government and it is now a done deal.

Having then done this; the implications must now be considered utilizing the clear light of unadulterated reason. The issue now is no longer a one-off Greek issue but a full on ECB issue. We know now that the ECB can retroactively change the rules, change an indenture, so that if the ECB can do this with Greece then it can certainly do it with any sovereign debt in Europe. If they can exempt themselves from a “collective action clause” then they can exempt themselves from any clause, in any sovereign indenture, for any European country. The fact that they are now clearly senior to any other bond holder, or more aptly put, that any private bond owner is now subordinated to the ECB is one consideration but hardly the most important one. The incredibly grim reality now is that any European and all European sovereign debt can have their indentures changed by the ECB when it is to their advantage. It is the “collective action clause” today but tomorrow it could be the maturity or the coupon or any other terms and conditions in an indenture. It is Greece today but tomorrow it could be France or Portugal or Italy. The “Rule of Law” has been abrogated and tossed aside in the name of political contrivance.

“Necessity; the tyrant’s plea.”
-John Milton

Since the ECB can now retroactively change any bond contract to whatever it likes and with any nation in its dominion then the valuation of European sovereign debt must be re-examined for what it really is which is no longer what anyone previously thought. Starkly put; the bonds issued by the sovereign nations in Europe are no longer pari passu, on equal footing, with the bonds issued in the United States. We have just passed a clearly defined “break point” where the legal rules were changed to the great disadvantage of all the private debt holders. The risk of ownership of European sovereign debt is now infinitely more dangerous in my estimation than it was last week. We still do not know if the IMF will demand and receive the same special treatment but I assert that it no longer matters. The actions of the European Central Bank are all that was necessary to radically alter the value of European sovereign debt and it is just not me but any number of large financial institutions that are in shock given what has happened with one of the largest and most respected bond investors in the world telling me that “financial repression is the softer word for it.”

Leaving anger and hostility aside; European sovereign debt must now be examined with a new set of metrics. How much yield would investors demand if an IBM indenture, as an example, had language that stated “This indenture is subject, at any time during the life of the bond, to any changes mandated by the Federal Reserve Bank.” Stated another way, what yields would be acceptable to bond investors if there was a Federal statute that said “All indentures in the United States may be changed at will by the Federal Reserve Bank upon their sole discretion.” No “Rule of Law,” no judicial appeal and a fait accompli whenever desired. This is, in terrifying fact, exactly what the European Central Bank has done and if we no longer know what we are buying and if the terms and conditions of an investment can be altered retroactively at will without the consent of bond holders and to the advantage of the ECB then either we should not buy these credits, as in Atlas shrugged, or yields should be in the mid-range of junk bonds because European sovereign bond indentures now are worth no more than the paper on which they are printed.

The European Central Bank, in a very misguided attempt to protect itself, has now opened Pandora’s Box. I doubt if they even realize what they have done; but they will, most assuredly they will. The consequences of their horrendous mistake will soon be upon them as institutions not coerced or forced into buying European sovereign debt will be leaving the playing field en masse as the realization dawns upon investors of just what has taken place. You cannot fool all of the people all of the time and the people that manage money for a living are not a forgiving group when governments try to supersede their lawful rights.

“Unlimited power is apt to corrupt the minds of those who possess it; and this I know, my lords: that where law ends, tyranny begins.”
-William Pitt

[Sabrina]

More info. on government and bank resignations via Kauilapele and Rumourmillnews. Links worked when I tried them! Sab.

http://kauilapele.wordpress.com/2012/02/20/and-now-even-more-heres-whats-going-on-with-those-bankers-articles-thanks-w-at-rmn/


Well, I said I was done with this bank business, but this very, very long list showed up at RMN. And most of them are ones that were not listed here at this blog (see first post about this, second post about this). Posted by W at Rumormillnews. Here’s W’s blurb about it.





“I saw the list of bank resignations and wondered if there might be quite a few more than was listed given the reporting of Fulford and what Poof has been hinting at. I was amazed at what I found when I searched Google for “BANK RESIGNS” “BANK QUITS” and “BANK STEPS DOWN”. These seem to be the three headlines that are used and if you search for only one you only get 1/3 the total number. “

GOVERNMENT RESIGNATIONS

2/6/12
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
http://www.dailymotion.com/video/xlcznz_iran-s-bank-melli-ceo-resigns-over-loan-scam_news

(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
http://dealbook.nytimes.com/2011/12/22/socgens-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
http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML

[Sabrina]

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9094481/Lloyds-chief-Antonio-Horta-Osorio-under-pressure-to-hand-back-bonus-over-PPI-scandal.html

UK Lloyds bank chief under pressure to hand back bonus over PPI scandal.

[Sabrina]

More to add to the list posted previously on Kauilapele's blog:

http://kauilapele.wordpress.com/

Quoting him:
[UPDATED 2-18-12 2000 HST] I found this on an “unrelated” site (seemingly unrelated, but thanks to that person who uncovered this in-the-public-domain news). I did verify the links. Now, I absolutely spend extremely NO time watching banks. And the most I’ve ever read about the “banking system”, is with David Wilcock’s Financial Tyranny articles (article 1, article 2). But this series of articles, none of which I fully read, but the titles give the gist, indicates to me that there really is a lot happening along the lines that David (and others) have talked about. Whether it’s arrests or resignations, it appears to be a pulling apart at the seams of the old (cabal) system.

So I am just going to list these articles. No particular order. Date of publication, then the title (with link). So here goes. (I’m leaving comments open 2 days on this one; feel free to add your own links and comments)

2-15-12: World Bank President Zoellick Resigns

2-16-12: CFO of ANZ Bank Resigns Amid Turmoil

2-14-12: Nicaragua Central Bank Head Quits Amid Row

2-17-12: Credit Suisse’s Private Bank Chief Asian Economist Tan Resigns

2-18-12: Embarrassment for Merkel as German president resigns in disgrace after trying to bag the press (okay, not a bank president, but a president, noetheless)

2-16-12: Andrew Chick to lead Royal Bank of Scotland’s Australian arm

2-13-12: Kuwait central bank chief resigns amid political tensions

2-15-12: Slovenia’s Two Biggest Banks’ CEOs Step Down as Woes Mount

2-06-12: Dhanlaxmi Bank CEO Amitabh Chaturvedi quits

2-10-12: Tamilnad Mercantile Bank MD resigns

2-17-12: Blankfein out as Goldman Sachs CEO by summer? (not an actual resignation, but a possible pending one)

[UPDATE 2000 HST Just found this... thanks to Greg Giles]
2-16-12: Arrests in Olympus Scandal Point to Widening Inquiry Into a Cover-Up

[Sabrina]

OK can't get links to copy but under his blog on 20 Feb. Ahh these
3D techno hitches lol.

[Erich]

I posted this under the Sir James of Blackheath/House of Lords thread, but it's been suggested that this merits a thread of its own. So here it is. Hope we can keep adding to it.

Must be a lot happening behind the scenes...

Resignations Global Banks ....

1 World Bank CEO Zoellick resigns
http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/

2 Anz Bank CFO Australia resigns
http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoil

3 Nicaraqua Central Bank Pres Rosales resigns
http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html

4 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

5 GERMAN PRESIDENT Christian Ruff resigns
http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html

6 Royal Bank of Scotland Austrailin 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

7 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

8 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

9 Bank of India CEO Chaturvedi resigns
http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

10 Tamilnad Mercantile Bank CEO resigns
http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

11 GOLDMAN SACHS CEO Blankenfein to resign (Nothing printed on this yet UNLESS this JUST happened. Last article said he is not stepping down in 2011). http://www.huffingtonpost.com/2011/05/06/lloyd-blankfein-goldman-s_n_858647.html?l

12 Kuwait central bank chief resigns amid political tensions
http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html

It would be prudent to consider the term, resignation, loosely. After all, these are news reports. The details of each so-called resignation would have to be investigated and then confirmed which I don't think is really possible. Personally, I don't agree with Bluefire insofar as the resignations mean they are retiring for a life of leisure and pleasure after screwing everyone. We can't assume a resignation means someone is out of the business. They could be taking up a new post. The positions wield great power and fame and it would be difficult to give up, if you are STS. You can imagine other causes related to insider information, forced resignation, do it or else, kind of things, which would be lovely. Also, it could simply mean a whole new economic system is right around the corner far worse than the one we have now. I don't feel that's true, but it is certainly possible. Wouldn't it be expected that circumstances as they are create turmoil?

[Snoweagle]

@Bluefire: Excellent comment
These resignations have nothing to do with "people power". They are entirely due to instating younger globalist bankers to ensure the global monetary system works after WW3.
By comparison with the EU, which is now run by the elite which has instated "economist" driven policies and personnel throughout the bureaucratic EU monster. Legislating economic policies now with little enforcement prior to the big kill of WW3, after which maximum enforcement will be implemented. A slow cull.

Consciousness awakening: roflmao
People are awakening to a new reality for a number of reasons and again through ignorance. The pineal gland in all of us is susceptible to cosmic energy, radiation and our surroundings. Homo Sapiens are telepathic. This is known to the elite and is "the light" that freemasonry keeps a closely guarded secret. Chemtrails contain bio absorptive chemicals that enhance the human nervous system and endocrine system. We have become antennas to microwave energy and can be viewed walking around on a microwave radar; therefore we are targetable. Our environments are saturated with microwave energy due to existing and emerging communication systems.
An example of the type of death we all face was evidenced by the extermination of the defenders of Baghdad airport during Gulf War II. They were microwaved with energies in excess of 1500W/sq cm. (fifteen hundred watts per square cm). Bodies were found headless and shrunken body masses. The human body is 80%-90% water. Remove the water and a six foot 200lb man will reduce to 2-3 foot body length. The head containing the brain, also predominantly water, will explode. Any survivors would be brain damaged, in fact, will be zombified.
After my stroke my kundalini opened. (****ing awesome experience) I initially thought it was due to "enlightenment". Sorry to disappoint everyone, as awesome as it is being gifted this way, it is not due to any cosmic interference but due to the escalation of microwaves in our environment. (In UK all light bulbs are now high frequency mini fluorescent bulbs further bombarding us with electromagnetic radiation. It compliments the brains languish performance while watching television further stupefying humanity. Worse still, we now exist staring into the same radiation everyday by staring emotively at computer monitors.)

Anyway returning to topic: the elite are not on the back foot as they are playing the population by enforcing anticipated responses. Check the development within each national government, check the typed of jobs on offer, check the laws being introduced, check the laws being changed, check military movements, check the growth of private armies . . . you will find throughout the preparations for the big cull are well under way with, I believe a culmination in 2016. Keep checking and tell others.
The banking resignations are not favourable to free people at all. Read the articles and you will see the underlying trend supports the globalist intents. The plan continues unabated.

@bluefire: thanks

[witchy1]

Thanks for the thread - certainly looks like the fat cats are doing a runner - wonder if they have all brought land in Australia or South America with the Bush's? Its all a bit weird really......... is it worthwhile asking the more curious question - WHO is going to replace them? My guess is the institutions themselves will stay put in one form or another - perhaps the worst is yet to come. (just being the devils advocate) The banks are apparently loosing a lot of money with people choosing building societies etc instead.

(ps, looks like Rudd is trying to oust Gillard - so maybe there is an ex PM joining them)

.

[sigma6]

The White Hats Report
http://www.tdarkcabal.blogspot.com/
this could have something to do with it...

[Pete]

Hi Snow eagle, you sure do have a cheery outlook on all this, I would be interested to know why you talk with such confidence about your point of view and also why you should be feeding the fear with statements like "the death we will all be facing".

I fully understand the need to consider a different perspective to what is going on, but I do not understand the tone you are using to convey your thoughts. If you are so sure that the PTW are simply reorganising themselves for the new paradigm to form and are so sure of their superiority then what is the point of your participation in this subject and forum apart from undermining the envisionment of a successful outcome for humanity by the rest of us.

[Snoweagle]

@Pete: Thanks; whilst my tone is dour, the facts are there to be pieced together.
This topic of banking reform has been misconstrued as beneficial, yet it earmarks another successive step in global dominance by the elite. All governed "by the rule of law". It will be the laws dictated by economists and bankers in service to the elite.

The world is being influenced by a kaleidoscope of prediction regarding 2012 and are being mesmerised by environmental sensory surroundings across a plethora of sciences. To understand the influence it has on each of us you must consider the classical elements of earth, wind, fire, water and the ether. Unless each of you can speak at length of what each of them means to you or describe their associated sciences, then enlightenment will be truly evasive. This sounds cryptic, none the less, once understood, is wonderfully meaningful.

Each of those classical elements will be economically guarded and access to each will be by law. These elementals are fundamental to human psyche and key to true enlightenment (opening the kundalini). Once the global banking network is established, which we witness here in transformation, then the squeeze will come. Currently the Rothschilds have banking control of every nation on the planet with the exception of Iran, Syria and Burma; this will change soon. During this conflict of change a preplanned world "battle" will ensue and large cityscapes will be targeted by high energy weapons. It will appear and be reported as "nuclear" attacks, yet in fact, little infrastructure damage will be caused, though loss of life will be considerable. Unlike the protracted wars, as WW2, the hostilities will be "negotiated" away, though not before the post conflict suffering of deprivation and starvation have taken its toll.
Air - Carbon taxes
Water - Destruction of global water tables by fraking for energy. Destruction of seas, gulf of Mexico, Oil and mineral exploration (totally unnecessary) EU and UK laws are in place to prevent fishing from the shoreline to protect oceanographic environment (did you know that?)
Fire - Destruction of global woodland, removing Gaias carbon sink
Wind - Weather manipulation and chemical aerosol distribution
Eather - control and manipulation of nuclear energy across the electromagnetic spectrum.

So Pete, it's not that I believe the global population is not worthy of enlightenment; it's just that they do not understand what they should believe in. Far to many depend on being told by third parties, especially the MSN which sadly is as corrupt as the banking fraternity this topic was extolling.
Check the law changes which are preparing for a globe wide network of "fiefdoms" and the population will be no more than serfs to live and die dependent on "economic" needs of the community. If you do not know about these law changes, especially throughout Europe then cheer the banking changes here, as that is what you are supposed to do. You are being manipulated. However, if you know the impact of these economic laws then, you too, will see the globalists plan is manifesting rather well.

[Eric J (Viking)]

The past 3 months ...


(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

http://www.dailymotion.com/video/xlcznz_iran-s-bank-melli-ceo-resigns-over-loan-scam_news

(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

http://dealbook.nytimes.com/2011/12/22/socgens-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

http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML

~~~~~~~~

viking

[Kano]

Sounds like they may be getting out before the s-t hits the fan......
Oh they're not going to get away...there aren't any DUMBS for them to hide in, and the Liberating Forces have vowed "No Where To Run, No Where To Hide." so above and below.

What happened to the DUMBs?

If you're referring to a rumored ET/ED or even human elimination of these DUMBs i.e., recent anomalous earthquake activity in traditionally seismically quiet places, I would say that some of the DUMBs may have been elimintated, but my hunch is that there still plenty of active self sustaining underground places for the elite to hide when SHTF.

But who really knows right DID? :)

[EnergyGardener]

@Pete: Thanks; whilst my tone is dour, the facts are there to be pieced together.
This topic of banking reform has been misconstrued as beneficial, yet it earmarks another successive step in global dominance by the elite. All governed "by the rule of law". It will be the laws dictated by economists and bankers in service to the elite.

The world is being influenced by a kaleidoscope of prediction regarding 2012 and are being mesmerised by environmental sensory surroundings across a plethora of sciences. To understand the influence it has on each of us you must consider the classical elements of earth, wind, fire, water and the ether. Unless each of you can speak at length of what each of them means to you or describe their associated sciences, then enlightenment will be truly evasive. This sounds cryptic, none the less, once understood, is wonderfully meaningful.

Each of those classical elements will be economically guarded and access to each will be by law. These elementals are fundamental to human psyche and key to true enlightenment (opening the kundalini). Once the global banking network is established, which we witness here in transformation, then the squeeze will come. Currently the Rothschilds have banking control of every nation on the planet with the exception of Iran, Syria and Burma; this will change soon. During this conflict of change a preplanned world "battle" will ensue and large cityscapes will be targeted by high energy weapons. It will appear and be reported as "nuclear" attacks, yet in fact, little infrastructure damage will be caused, though loss of life will be considerable. Unlike the protracted wars, as WW2, the hostilities will be "negotiated" away, though not before the post conflict suffering of deprivation and starvation have taken its toll.
Air - Carbon taxes
Water - Destruction of global water tables by fraking for energy. Destruction of seas, gulf of Mexico, Oil and mineral exploration (totally unnecessary) EU and UK laws are in place to prevent fishing from the shoreline to protect oceanographic environment (did you know that?)
Fire - Destruction of global woodland, removing Gaias carbon sink
Wind - Weather manipulation and chemical aerosol distribution
Eather - control and manipulation of nuclear energy across the electromagnetic spectrum.

So Pete, it's not that I believe the global population is not worthy of enlightenment; it's just that they do not understand what they should believe in. Far to many depend on being told by third parties, especially the MSN which sadly is as corrupt as the banking fraternity this topic was extolling.
Check the law changes which are preparing for a globe wide network of "fiefdoms" and the population will be no more than serfs to live and die dependent on "economic" needs of the community. If you do not know about these law changes, especially throughout Europe then cheer the banking changes here, as that is what you are supposed to do. You are being manipulated. However, if you know the impact of these economic laws then, you too, will see the globalists plan is manifesting rather well.

Snoweagle,

You may be right, but you may be wrong....

Either way, starting the first domino to fall by forcing the government to deal with the illegality of a private bank institution (named and acting as a government institution), printing and stealing cash without (wink wink) government oversight and approval (more importantly the Citizens' consent) would change the dire inevitability you portend.

If this knowledge went from 2% to 80%, human beings would respond and insure there was no CABAL Phase II that only feinted housecleaning, making way for the NWO single currency and rule.

I admit that I am very suspicious as well, including the plans for Prince William to take over rule from Queen Elizabeth. Why do the Brits still require the Royal Family to maintain ownership of the Empire?

In short, I would not mind your dour tone if it was followed by support for a "good" human derived plan, specifically my thus far: Six Steps to Human Self-Rule. The reason for the dour tone is that thus far this Avalon forum is a very infertile and hostile garden.

EnergyGardener

[CD7]

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very little to prepare and starting with acknowledging the TRUTH that most here claim to search for


So F'in WHAT! THIS IS ALREADY HAPPENING AND HAS FOR A VERY LONG TIME with ALL of us! Let me look it straight in the EYE and go tell it to go Fk itself!!!

It sincerely trips me out when there are so many warnings about this, that AND the OTHER about to happen!!! WE have already been living in DEATH...except its been in sllloooowwww MoTiOnnnn , SOMEWHAT RESEMBLING A SLOW TORTUREOUS existence to your end...but OMG IF YOUR DEATH MAY COME FAST..HOLY HELL u better be scared!? REALLY????

When are people going to stop seeing this FAKE WORLD

[crested-duck]

Snoweagle-I agree with your veiw/perception of events. There is a solution to this fiasco but nobody is talking about it. It's called glass-steagall and Lyndon LaRouche is the only one bringing it to the forefront, with the exception of a few brave souls in Europe that fully understand what it is and how it works. I've tries to bring it to forefront here on PA and nobody seems to be interested in learning the solution. Just talking light and love bulls**t, and chaseing fairytales and thoughts of grandure, instead of a real workable solution. Of course there is more to it than just implementing Glass-Steagall- First off there is'nt any candidate running for Pres here in US that is not part of the problem and WILL NOT help solve these issues. Therefore if congress would impeach Obama(the british oligarchy's personal puppet) then Russia, China, even Iran and Korea would instantly draw down the military threats. That first step is critical to show the world we are onto the crimes committed by the oligarchy controlled minions. Then GS would be reinstated exactly as it was written by FDR no changes allowed or it will be a waste of time. GS would eliminate all gambling and interest debt created by the oligarcical system, and put wall street and the city of London out of business. But then each govt would set up a credit system (no interest involved). There is much more involved, and I'm unqualified to expand further into it. All the information about this can be found at- http://larouchepac.com/home I highly suggest to educate yourself there with real facts for a real solution. The world has had enough of this slighted game and there is a workable solution. Knowledge is power, so follow the trail I've laid out and educate yourselves, or suffer the consequences of ignorance. The bottom line is the british oligarchy would rather start ww3 and destroy everything- rather than give up its psycotic control through finance shams and depopulation agendas. IF you want proof that the us govt is under control of the oligarchy ask yourself- why nobody will step up to call for impeachment on perfectly legitamite reasons such as he's clinically insane, he's not a natural born citizen, and he's blatently sh*t on the constitution and broken our laws. Ron Paul is a POS too, if he was the man Jackovest claims he is why has'nt he started impeachment proceedings??? YUP just another puppet and tool for the oligarchy when you take a closer look at him too. The system is falling apart because there is not any body worthy representing and fighting for it- sad but true- and the only one fighting for it is Lyndon LaRouche and he's 90 yrs old and knows who did what to who and why- but nobody listens or cares about him- this is a very very sad reality!

[kersley]

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very little to prepare and starting with acknowledging the TRUTH that most here claim to search for


So F'in WHAT! THIS IS ALREADY HAPPENING AND HAS FOR A VERY LONG TIME with ALL of us! Let me look it straight in the EYE and go tell it to go Fk itself!!!

It sincerely trips me out when there are so many warnings about this, that AND the OTHER about to happen!!! WE have already been living in DEATH...except its been in sllloooowwww MoTiOnnnn , SOMEWHAT RESEMBLING A SLOW TORTUREOUS existence to your end...but OMG IF YOUR DEATH MAY COME FAST..HOLY HELL u better be scared!? REALLY????

When are people going to stop seeing this FAKE WORLD

There is far to much love and hope to be trapped in fear of what you say..
How do you live in such fear and hopelessness anyway? what do you do from day to day? how do you cope?

[CD7]

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very little to prepare and starting with acknowledging the TRUTH that most here claim to search for


So F'in WHAT! THIS IS ALREADY HAPPENING AND HAS FOR A VERY LONG TIME with ALL of us! Let me look it straight in the EYE and go tell it to go Fk itself!!!

It sincerely trips me out when there are so many warnings about this, that AND the OTHER about to happen!!! WE have already been living in DEATH...except its been in sllloooowwww MoTiOnnnn , SOMEWHAT RESEMBLING A SLOW TORTUREOUS existence to your end...but OMG IF YOUR DEATH MAY COME FAST..HOLY HELL u better be scared!? REALLY????

When are people going to stop seeing this FAKE WORLD

There is far to much love and hope to be trapped in fear of what you say..
How do you live in such fear and hopelessness anyway? what do you do from day to day? how do you cope?



ITS ALL a matter of PERSPECTIVE sweet pea!

[EnergyGardener]

IF you want proof that the us govt is under control of the oligarchy ask yourself- why nobody will step up to call for impeachment on perfectly legitamite reasons such as he's clinically insane, he's not a natural born citizen, and he's blatently sh*t on the constitution and broken our laws. Ron Paul is a POS too, if he was the man Jackovest claims he is why has'nt he started impeachment proceedings??? YUP just another puppet and tool for the oligarchy when you take a closer look at him too.

crested-duck,

Even Ron Paul knows he cannot impeach Obama without the will of the people, that only results with awareness of the facts, including the oppressive history of the CABAL and humanity's inability/unwillingness to eliminate it previously. It does appear that Paul is trying to provide that awareness by his campaign alone. Is he doing enough, telling the whole story, or really not part of the program? I do not know, perhaps he is picking his battles, so he doesn't come off as "too much" of a nut.

We all know that no good deed goes unpunished, the truth is very rarely ever accepted in this heavy dimension. About the only proven method to get anyone's attention is to perform miracles, save a few lives, walk on water and raise several people up from the dead. Otherwise, little attention is paid, and worse...

The problem with LaRouche as a single solution: The name LaRouche itself flips the "off" switch, people tune out, whether right or wrong.

There must be a grass-roots effort to force all governments for "Accountability," using all movements that support that effort with information, and at least "appear" to be moving in the same direction: That includes Ron Paul and Lyndon LaRouche. Asking for the simple pursuit of 2 or 3 "Issues," first and foremost the B.I.S. central banking system, uncovers all other issues with: "Follow the Money."

It would also be good to do so before WWIII starts; or else we will be forced to simply hunker down and pray for the rapture, sooner-rather-than-later; or, simply, as ChristineDream7 points, hope and pray for a fast death to escape from this prison...

The reason I do not believe in this last-ditch approach (pray, duck and cover) is that I cannot accept that I would have incarnated here simply for that—relegated as a messenger to simply tell others that is our only option. I am sure I had better things to do / accomplish.


EnergyGardener

[DreamsInDigital]

Sounds like they may be getting out before the s-t hits the fan......
Oh they're not going to get away...there aren't any DUMBS for them to hide in, and the Liberating Forces have vowed "No Where To Run, No Where To Hide." so above and below.

What happened to the DUMBs?

If you're referring to a rumored ET/ED or even human elimination of these DUMBs i.e., recent anomalous earthquake activity in traditionally seismically quiet places, I would say that some of the DUMBs may have been elimintated, but my hunch is that there still plenty of active self sustaining underground places for the elite to hide when SHTF.

But who really knows right DID? :)
There are some of us that do know, and the Liberating Forces have the technology to even penetrate the underground, that is if the PTW even have the chance of getting that far. Most I know have been destroyed, others are in the process of being destroyed. Certainly the anomalous 'earthquake' activity in otherwise seismically quiet areas is a great solid evidence of this being done. The LF isn't kidding when they made the statement "No Where To Run, No Where To Hide." They mean it.

Personally though I'm tired of these erroneous "who really knows" and "no one really knows" and similar blanket dis-empowering misnomers. Granted no one knows 100% of everything, but it must be understood there are some of us out here in this world that know quite a lot whether we chose to share it all or not is another story. But, it's time the mind set changes from dis-empowering to empowering, least we make the foolish mistake of giving even more of our power and knowledge and abilities to control our own lives away when we should be taking it all back and into our own hands. Taking responsibility for our actions, thoughts, and everything else that is a part of our lives.

[crested-duck]

IF you want proof that the us govt is under control of the oligarchy ask yourself- why nobody will step up to call for impeachment on perfectly legitamite reasons such as he's clinically insane, he's not a natural born citizen, and he's blatently sh*t on the constitution and broken our laws. Ron Paul is a POS too, if he was the man Jackovest claims he is why has'nt he started impeachment proceedings??? YUP just another puppet and tool for the oligarchy when you take a closer look at him too.

crested-duck,

Even Ron Paul knows he cannot impeach Obama without the will of the people, that only results with awareness of the facts, including the oppressive history of the CABAL and humanity's inability/unwillingness to eliminate it previously. It does appear that Paul is trying to provide that awareness by his campaign alone. Is he doing enough, telling the whole story, or really not part of the program? I do not know, perhaps he is picking his battles, so he doesn't come off as "too much" of a nut.

We all know that no good deed goes unpunished, the truth is very rarely ever accepted in this heavy dimension. About the only proven method to get anyone's attention is to perform miracles, save a few lives, walk on water and raise several people up from the dead. Otherwise, little attention is paid, and worse...

The problem with LaRouche as a single solution: The name LaRouche itself flips the "off" switch, people tune out, whether right or wrong.

There must be a grass-roots effort to force all governments for "Accountability," using all movements that support that effort with information, and at least "appear" to be moving in the same direction: That includes Ron Paul and Lyndon LaRouche. Asking for the simple pursuit of 2 or 3 "Issues," first and foremost the B.I.S. central banking system, uncovers all other issues with: "Follow the Money."

It would also be good to do so before WWIII starts; or else we will be forced to simply hunker down and pray for the rapture, sooner-rather-than-later; or, simply, as ChristineDream7 points, hope and pray for a fast death to escape from this prison...

The reason I do not believe in this last-ditch approach (pray, duck and cover) is that I cannot accept that I would have incarnated here simply for that—relegated as a messenger to simply tell others that is our only option. I am sure I had better things to do / accomplish.


EnergyGardener The willingness to impeach Obama is in the citizens- It is not in the will of a corrupted and british oligarchy owned congress though. Have you read and studied the work and strategy, and vision coming out of LPAC ? I do'nt think so or you would understand what is going on and what can legally be done to rectify our not only current , but historical problems since the early 1900's. I've followed Lyndon for years and he is a true national treasure, and knows the game being played inside and out completely. Nobody listens because nobody want to face the truth,yet people will listen to the corrupted candidates and think they are involved in the voting process and can make a difference. Now that's a fantasy- I've written about the electoral college and the voting scam here in the past- but it was lost in the channeling and love crap that's supposedly more positive. Well I see trying to spread truth about how we are being screwed and how we can fix it as a positive thing. Do'nt you understand that removing Obama ensures NOT starting ww3-and Glass-Steagall is the banking solution that brings the house of cards down permanently?? It also does away with a not federal Federal Reserve too. If you change your view your perspectve will change ! Try seeing it from another direction. We all should know by now that unless the oligarchical cabal gives you their blessing you cannot even run for president ! Therefore there is not a candidate out there worth voting for on either Rep. or Dem. ticket. We lose every time and they get their way regardless one way or another. It's a totally useless and unable to win battle with these corrupted shi**heads. And yes Ron Paul is part of that click too or he would'nt be running at all. And that's my reality slap in the face for today!

[EnergyGardener]

The willingness to impeach Obama is in the citizens- It is not in the will of a corrupted and british oligarchy owned congress though. Have you read and studied the work and strategy, and vision coming out of LPAC ? I do'nt think so or you would understand what is going on and what can legally be done to rectify our not only current , but historical problems since the early 1900's. I've followed Lyndon for years and he is a true national treasure, and knows the game being played inside and out completely. Nobody listens because nobody want to face the truth,yet people will listen to the corrupted candidates and think they are involved in the voting process and can make a difference. Now that's a fantasy- I've written about the electoral college and the voting scam here in the past- but it was lost in the channeling and love crap that's supposedly more positive. Well I see trying to spread truth about how we are being screwed and how we can fix it as a positive thing. Do'nt you understand that removing Obama ensures NOT starting ww3-and Glass-Steagall is the banking solution that brings the house of cards down permanently?? It also does away with a not federal Federal Reserve too. If you change your view your perspectve will change ! Try seeing it from another direction. We all should know by now that unless the oligarchical cabal gives you their blessing you cannot even run for president ! Therefore there is not a candidate out there worth voting for on either Rep. or Dem. ticket. We lose every time and they get their way regardless one way or another. It's a totally useless and unable to win battle with these corrupted shi**heads. And yes Ron Paul is part of that click too or he would'nt be running at all. And that's my reality slap in the face for today!

crested duck,

I will read through the LPAC material this evening. Thank you for bringing it to my attention.

Please read my thread, "Step Five - PETITION FOR GOVERNMENT ACCOUNTABILITY," and provide me your suggestions and support.

Sincerely,

EnergyGardener

[Pete]

I have no interest in whether anyone else thinks I am correct in my understanding of the how, the who and when or where it happens and I really I am happy for you to believe what you believe. I am simply indicating that your tone is not what I see as dour, it seems to reek with fear and anger, I wonder why you are talking about fear if you are spiritually awoken, Surely if you have an appreciation of ethereal matters why would you use terms like fear and death as a warning to other spiritually aware people. Its a waste of your breath.

This may well be a case of how we all have the right to choose our future. If you find it hard to let go your 3d thinking to let go of the anger caused by the machinations of the evil cabal, then you are perfectly correct to be thinking as you do, just as I and many others are correct in our understanding of the situation.

As I understand it, we agree to certain life lessons, the fear of death is an illusion, we die and we wake up and agree to another life lesson and return. What's to fear? if you are able to let go of your ego, what are you loosing?

peace and love to you, I hope you get the future you really want.

[Irishsinger]

Hello friends,

Found this on a site related to the global currency realignment said to be underway as part of the effort to unseat the cabal. Apparently, the banksters are running for cover: 34 resignations from central banks and other huge financial firms in the last month. See this link:

http://eclinik.wordpress.com/2012/02/21/massive-resignations-have-started/

Peace and Prosperity to us all,

Irishsinger

[humanalien]

I haven't seen anyone from america running for the hills yet,
unless i missed something.

[kersley]

Maybe you can post this on the thread started by Sabrin.
Bank Resignations Across the World? Rather then start a new one?
K

[Arrowwind]

I haven't seen anyone from america running for the hills yet,
unless i missed something.

I think you have missed something. People have been migrating for the hills for a while. Silently, and while the gettin is good.

[Kano]

Sounds like they may be getting out before the s-t hits the fan......
Oh they're not going to get away...there aren't any DUMBS for them to hide in, and the Liberating Forces have vowed "No Where To Run, No Where To Hide." so above and below.

What happened to the DUMBs?

If you're referring to a rumored ET/ED or even human elimination of these DUMBs i.e., recent anomalous earthquake activity in traditionally seismically quiet places, I would say that some of the DUMBs may have been elimintated, but my hunch is that there still plenty of active self sustaining underground places for the elite to hide when SHTF.

But who really knows right DID? :)
There are some of us that do know, and the Liberating Forces have the technology to even penetrate the underground, that is if the PTW even have the chance of getting that far. Most I know have been destroyed, others are in the process of being destroyed. Certainly the anomalous 'earthquake' activity in otherwise seismically quiet areas is a great solid evidence of this being done. The LF isn't kidding when they made the statement "No Where To Run, No Where To Hide." They mean it.

Personally though I'm tired of these erroneous "who really knows" and "no one really knows" and similar blanket dis-empowering misnomers. Granted no one knows 100% of everything, but it must be understood there are some of us out here in this world that know quite a lot whether we chose to share it all or not is another story. But, it's time the mind set changes from dis-empowering to empowering, least we make the foolish mistake of giving even more of our power and knowledge and abilities to control our own lives away when we should be taking it all back and into our own hands. Taking responsibility for our actions, thoughts, and everything else that is a part of our lives.

Obviously, something I said rubbed you the wrong way. My comments were not in any way meant to be dis-empowering. I think you would have a lot of interested people here at PA that would like to hear more about your contacts and what you know about certain geopolitical issues going on around the world. So please share more about the DUMBs.

BTW, what are the Liberating Forces?

Kano

[sygh]

I haven't seen anyone from america running for the hills yet,
unless i missed something.

My son told me it's tough to travel to South America these days since everyone else is going. But I think you are right, the majority of US citizens aren't moving. USAmericans still have a tendency to rough things out anyway.

Don't mistake quietude for doing nothing though.

[Sabrina]

http://chasvoice.blogspot.com/2012/02/must-see-all-big-banksters-resign-check.html#axzz1n2e68kN2

Courtesy of Modwiz on the recent Benjy Fulford thread.

[Sabrina]

http://www.telegraph.co.uk/finance/financial-crime/9097461/Threadneedle-investigated-by-police-over-150m-trading-fraud.html


Threadneedle asset management – the firm born out of tobacco and insurance giant BAT Industries – is being investigated by the City of London police over a suspected $150m trading fraud.

The investigation into a former trader at the company was triggered after a breach of the company’s own internal controls last August.
A junior trader, who worked at the company’s investment arm, was dismissed after attempting the rogue trade, thought to have been worth about $150m and alleged to be linked to Argentine warrants.
According to a spokesman for the £60bn asset management giant, the trade was stopped and police and regulators were notified.
Threadneedle, which is now owned by US financial services group Ameriprise, said in a statement: “In August 2011, our systems stopped a suspicious attempted trade. The matter was immediately reported to the authorities and the individual involved was subsequently dismissed.”
The company would not confirm whether any arrests have yet been made following the incident, but said that a wider police investigation was under way.
RELATED ARTICLES
Italian police seize $6 trillion of fake US bonds 17 Feb 2012
Banker fined for 'market abuse' censures FSA 16 Feb 2012
Three senior bankers caught up in tax probe 16 Feb 2012
Hedge fund boss whose explosive emails finally caught up with him 15 Feb 2012
Mukhtar Ablyazov given 22 months for contempt 16 Feb 2012
In recent months the financial services industry has been beset with rogue trading scandals that have hit some of the biggest names in the City. Warren Buffet’s adage about seeing who is swimming naked - only when the tide goes out - seems particularly apt when it comes to the number of frauds committed since the financial crisis began.
Kweku Adoboli, the former UBS trader last month denied charges of fraud and false accounting after allegedly causing the largest unauthorised trading loss in British history worth $2bn. He is expected to stand trial this year.
Last week, the regulator working with the Serious Organised Crime Agency arrested a trader at Legal & General Investment Management, one of the UK’s largest investment groups, in connection with the FSA’s biggest probe into insider trading. He was the ninth man arrested over a two-year period.

[Ria]

YESSS................. Thank you Sabrina.
Time to do the :washing:
Could this meen no more:flypig::flypig::flypig:

[Sabrina]

http://www.bankingtimes.co.uk/2012/02/16/fsas-cole-to-step-down/

(UK)

The Financial Services Authority’s (FSA’s) interim managing director, Conduct Business Unit, Margaret Cole, is to step down later this year.

Ms Cole joined the regulator in 2005 as director of enforcement.

Managing a division of 450 people, she has responsibility for enforcement policy, intelligence gathering, forensic investigations, and civil and criminal proceedings, in areas that include market abuse and financial crime.

According to Ms Cole, the next 12 months will see more trials and more convictions as the pipeline of FSA cases comes to fruition in the courts.

Commenting on her departure, FSA chief executive, Hector Sants, says: “Margaret has been pivotal in transforming the FSA’s approach to enforcement and she leaves a substantial legacy, widely respected in legal, regulatory and international circles.”

[cellardoor]

http://www.news.com.au/national/transcript-of-kevin-rudds-resignation-speech/story-e6frfkw9-1226278761531

Transcript of Kevin Rudd's resignation speech

THE following is a transcript of Kevin Rudd's resignation speech delivered in the early hours of the morning on February 22, 2012, in Washington DC.
Ladies and gentlemen, it is with great sadness that I announce that I will resign as Australia's Minister for Foreign Affairs.

I am sad because I love this job.

I'm totally dedicated to the work that we are doing in Australia's name around the world, and I believe that we have achieved many good results for Australia, and I'm proud of them.

It's therefore been for me a great privilege to serve our country as foreign minister, to represent our people abroad, and I thank the people of our country for their support as I have discharged these responsibilities.

But while I am sad to leave this office, I am sadder still that it has come to this.

The last time that I resigned from a position in public office was when I resigned as prime minister of Australia, and regrettably, there have been some similar factors at play today.

It's time for some plain speaking on this.

The truth is I can only serve as foreign minister if I have the confidence of Prime Minister Gillard and her senior ministers.

In recent days, Minister Crean and a number of other faceless men have publicly attacked my integrity and therefore my fitness to serve as a minister in the government.

When challenged today on these attacks, Prime Minister Gillard chose not to repudiate them.

I can only reluctantly conclude that she therefore shares these views.

The simple truth is that I cannot continue to serve as Foreign Minister if I do not have Prime Minister Gillard's support.

I therefore believe the only honourable thing and the only honourable course of action is for me to resign, and I do so with a genuinely heavy heart and after much personal reflection.

There are other factors, too, that I have had to take into consideration today.

The truth is that the Australian people regard this whole affair as little better than a soap opera, and they are right.
And under current circumstances, I won't be part of it.

It is also, I believe, a distraction from the real business of government.

I also believe it's affecting the business community, and I agree with recent statements by peak bodies to this effect. It is important that business confidence is maintained in Australia.

The economy and jobs are core to what any responsible government is about.

I also believe that this ongoing saga is bad for my good friend Anna Bligh, as she fights the fight of her life in Queensland.

She's a great Premier. She's a good friend.

And I believe the good people of Queensland deserve some clear space over the coming month, as they make up their minds on a very important decision on the future of Queensland - my home state; a state I'm very proud to be from.

The truth is I also feel very uncomfortable doing this from Washington and not in Australia, but I don't feel as if I have a choice, given the responsibilities I have before me over the days ahead, here in Washington, in London on the future of Somalia and piracy in the Indian Ocean, and in Tunisia on the future of Syria.

These are important challenges for the world, where a responsible Australian voice needs to be heard, a voice which I have sought to inject in my period as Foreign Minister on these core challenges, and under no circumstances do I want Australia's international reputation brought into disrepute because of this ongoing saga.

Therefore Ambassador Beazley will discharge my functions here on my behalf in Washington, tomorrow, and the permanent Secretary of my department, Dennis Richardson, will represent me in London and in Tunisia.

I will return home to Brisbane tomorrow, arriving back there on Friday morning.

Over the days ahead I will be consulting openly and honestly with my family, with my community and my parliamentary colleagues, taking their counsel on what I should do next, and what my next step should be.

I will then make a full statement to the Australian people on my future, before Parliament resumes next Monday.

I deeply believe that if the Australian Labor Party, a party of which I have been a proud member for more than 30 years, is to have the best future for our nation, then it must change fundamentally its culture and to end the power
of faceless men.

Australia must be governed by the people, not by the factions.

But I can promise you this, there is no way - no way - that I will ever be party to a stealth attack on a sitting prime minister elected by the people.

We all know that what happened then was wrong, and it must never happen again.

I would like to thank very much, the Department of Foreign Affairs and Trade.

Their Secretary, Dennis Richardson, Australia's former ambassador here in Washington, is a first class Australian diplomat and through him I would thank the department's executive and all the deputy secretaries I've worked with day after day, week after week, in advancing Australia's interests around the world.

These are good people, and all the Ambassadors and High Commissioners, who proudly stand there every day, in Australia's name, are doing good things for our interests and expressing our values right across the world, and I publicly acknowledge them with heartfelt thanks.

I would also like to thank my exceptionally loyal and hardworking staff, led by my chief of staff, Philip Green, and his deputy, Kate Sieper.

These are a great team, phenomenally loyal and hardworking, and together we have done good things.

In my letter of resignation to the Prime Minister, I have asked her to give effect to my resignation 48 hours after my return to Australia, so that I can affect the best transition for my staff as possible under these circumstances.

I'd think you would understand, there's a human dimension to all this.

Together with the foreign policy team, the department, my office and other great public servants responsible for foreign policy in the Australian public service, I'm proud of our achievements.

I'm proud of the fact that we built a new institution in Asia, which, for the first time in the history of Asia, brings the United States, China, Japan, India, Australia, and all the other countries in the region, around a single table, able
to discuss and negotiate a peaceful security future for Australia.

I'm proud that we have reformed fundamentally our development partnerships with the island states of the South Pacific, to lift their living standards and reduce infant and child mortality, according to our responsibilities under the Millennium Development Goals.

I'm proud of the fact that we're on track to lift our overseas development assistance to 0.5 percentage gross national income, as I promised prior to the 2007 election.

Also our opening to Burma - the first Western foreign minister to go in there - six or seven months ago, hopefully helping to pave the way for Burma's opening to the rest of the world.

Early action on Libya, a call of which we are all - in our office and in our department - very proud.

Our re-engagement with Europe, and Africa and Latin America - these major economic regions of the future.

And, of course, I am deeply proud of our decision to appoint Australia's first ever ambassador for women and girls, and the announcement, which I now trust the government will give effect to, that is, that during this term we will appoint our first Indigenous Australian as an ambassador, in one of our embassies abroad.

Ladies and gentlemen, there is one over-riding question for my caucus colleagues, and that is, who is best placed to defeat Tony Abbott at the next election?

Mr Abbott, I believe, does not have the temperament or the experience to ever be elected and hold the office - the high office - of Prime Minister of Australia.

But at present, and for a long time now, he's been on track just to do that.

Ladies and gentlemen, I would also like to express my appreciation for the support of my family - Therese, Jessica, Nicholas, Marcus.

Chatting to them over the course of the last several hours I thank them for their encouragement and their support, as always.

And you'll appreciate, I now have much, much to do and therefore I propose to conclude my statement here, and I do not propose to take questions.

Thank you.

[cellardoor]

Pescanteto resigns as IOC vice president
http://www.heraldsun.com.au/sport/london-olympics/pescanteto-resign-as-ioc-vice-president/story-fn9dheyx-1226277845279
IOC member Mario Pescante will step down from his position as vice president of the Olympic body, saying he feels let down by the Italian government's refusal to back Rome's bid to host the 2020 Games.

Rome's bid was withdrawn last week after Prime Minister Mario Monti declined to provide the required government financial guarantees to the International Olympic Committee at a time of economic crisis in Italy.

Pescante, a longtime power broker in Italy's sports establishment, was the leader of the Rome bid. While remaining as a regular IOC member, Pescante said on Tuesday he is resigning as one of the committee's four vice presidents.

``My resignation shouldn't be interpreted as an action against the government's decision to not guarantee Rome's bid,'' Pescante said. ``In fact, President Monti's decision was accepted with due respect.

``I felt a bit embarrassed to be representing a country which has thrown in the towel early. I share and understand the government's decision but to explain to the world why I was staying at the top of the IOC would have been difficult. And so I took a step back.''

The IOC confirmed it had received Pescante's resignation as vice president.

Pescante has been an IOC member since 1994 and will retain his position as a rank-and-file delegate, with full voting rights. However, he will no longer serve on the powerful, policy-making executive board.

Pescante was elected to the board in 2006 and elevated to vice president in 2009. He was currently the second-ranking vice president behind Yu Zaiqing of China.

His vice president's position will likely be filled at the next IOC session in London during the 2012 Games. The other vice presidents are Ng Ser Miang of Singapore and Thomas Bach of Germany.

Pescante is also chairman of the IOC's international relations committee. He is a former president of the European Olympic Committees and served as the Italian government supervisor for the 2006 Winter Games in Turin.

Monti scrapped Rome's 2020 bid a day before the deadline for submission of bid files to the IOC.

[Ria]

Dear Kevin and his affiliated teams:Cry::croc::horn::shout:GOOD now b..... off




I know, I am indulging in a bit of childishness:pound:.

[Eric J (Viking)]

And some more...

good article...

http://eclinik.wordpress.com/2012/02/21/massive-resignations-have-started/

viking

[Sabrina]

http://www.bbc.co.uk/news/world-europe-17110618


Strauss-Kahn questioned in prostitution ring inquiry


Police to question Strauss-Kahn
Profile: Dominique Strauss-Kahn
Former IMF head Dominique Strauss-Kahn has been detained for questioning by French police investigating a prostitution ring.

Mr Strauss-Kahn, once a front-runner for the French presidency, could be held for 48 hours at a police station in Lille, northern France.

Investigators have already questioned a number of prostitutes who have admitted having sex with Mr Strauss-Kahn.

The 62-year-old insists he did not know that the women were prostitutes.

"I challenge you to distinguish a naked prostitute from any other naked woman," his lawyer Henri Leclerc has told French television.

Mr Strauss-Kahn resigned as head of the International Monetary Fund (IMF) in May 2011 after he was charged in New York with the attempted rape of a hotel maid. The case was later dropped.

In this separate inquiry, French police have already arrested eight men on suspicion of organising a prostitution ring and misusing corporate funds to pay for sex in a scandal known as the "Carlton affair" because of a Lille hotel where clients were allegedly supplied with call-girls.

Continue reading the main story
Analysis

Christian Fraser
BBC News, Paris
Mr Strauss-Kahn finds himself again in the midst of a rather sleazy investigation.

He has asked to be interviewed after a number of headlines were written about him and the so-called "Carlton affair".

It is alleged that he took women to orgies to which he was invited. A number of sex-workers from France and Belgium have come forward who said they slept with Mr Strauss-Kahn, a fact that he is not disputing.

He is disputing that he knew they were prostitutes.

It is also alleged that they were paid for out of corporate funds from a large construction company. It is illegal for a public official to receive gifts of any kind, including sex.

Three of the suspects were said to have been close to Mr Strauss-Kahn, who is said to have taken part in sex parties in Paris and Washington in late 2010 and early 2011.

Consorting with prostitutes is legal in France but supplying prostitutes to others is illegal.

It is also illegal for an official to accept gifts of any kind from a company.

Dominique Strauss-Kahn had been tipped as a potential Socialist candidate in the April presidential elections until his arrest in New York in May last year.

One of the sex parties, allegedly organised by two of the eight suspects, Fabrice Paszkowski and David Roquet, is believed to have taken place in the US shortly before he was detained.

Mr Strauss-Kahn returned to France in September 2011 although the hotel maid involved in the case is pursuing a civil action.

The former IMF head said nothing as he arrived at a Lille police station in a car shortly before 0900 (0800 GMT) on Tuesday.

On Tuesday night, a judge extended Mr Strauss-Kahn's detention for another 24 hours, an unidentified official told AFP news agency.

The judge will decide whether the evidence supports charges against Mr Strauss-Kahn. He could be cleared, charged and released on bail or remanded in custody until his trial.

[Sabrina]

Government officials seem to have the same resignation urge as well.


http://www.nowlebanon.com/NewsArticleDetails.aspx?ID=367703

Netanyahu's chief spokesperson resigns
February 22, 2012 share





Israeli Prime Minister Benjamin Netanyahu's main spokesperson has resigned, media reports said on Wednesday, making him the latest in a string of high-profile figures to leave the bureau.

There was no immediate confirmation from Netanyahu's office that communications director Yoaz Hendel had tendered his resignation.

News of his resignation came two days after Netanyahu's chief of staff, Natan Eshel, stepped down after admitting misconduct towards a younger female staff member.

Hendel's departure has been widely linked to the so-called Eshel affair which came to light after he and two other senior figures, Cabinet Secretary Zvi Hauser and Military Secretary Yohanan Locker, filed a complaint with the attorney general, alleging Eshel had harassed a female staffer.

The three acted without informing Netanyahu of the suspicions and their complaint.

The move reportedly infuriated Netanyahu, who on Tuesday told the trio he had "lost confidence" in them over their not informing him of the incident, Israel's main newspapers reported.

Shortly afterwards, Hendel tendered his resignation, sources at the bureau told the left-leaning Haaretz newspaper, adding Hauser was also expected to resign "soon."

Locker is also set to leave, although his move to a take up a new role within the military was pre-planned.

On Wednesday, Netanyahu said it was wrong that he had only learned about the charges against his chief of staff through the media.

"The right thing to do in any system in the case of a concern over a harassment is to immediately take it to the responsible authorities and to deal with it. That is precisely what I would have done in this case," he told a news conference.

"What is wrong is that the head of the system, in this case the prime minister, does not know of such a central issue taking place in his own bureau for a month-and-a-half, and has to learn about it through the media," he said.

The affair created "a difficult, painful and uncomfortable situation" in his bureau, Netanyahu added.

The latest resignation follows several other departures from the prime minister's office in the past 14 months.

-AFP/NOW Lebanon

[Sabrina]

Corruption charges world-wide as well.


http://www.thaindian.com/newsportal/politics/mumbai-congress-chief-resigns_100599612.html


Mumbai Congress chief resigns

22 February 2012

Mumbai, Feb 22 (IANS) Mumbai Congress chief Kripashankar Singh Wednesday resigned from his post following a Bombay High Court order to prosecute him in corruption cases, a party official said.

Singh’s resignation came shortly after the court’s ruling.

It has been sent to the party high command for the final decision.

“A formal announcement is expected to be made from New Delhi,” the party official, requesting anonymity, told IANS here.

Chief Minister Prithviraj Chavan, who is in Nashik, also hinted that Singh has quit when media persons sought his comments on the court judgement against the Mumbai party chief.

¤=[Post Update]=¤

¤=[Post Update]=¤

BY INTERFAX NEWS, ON FEBRUARY 22ND, 2012 AT 12:26PM GMT
PUBLISHED ON THE RUSSIA AND CIS MILITARY NEWS WIRE

RUSSIA-SYRIA-PRESIDENT-RESIGNATION MOSCOW. Feb 22 (Interfax) – Russia is not considering ways to develop relations with new Syrian authorities should incumbent President Bashar al-Assad step down, Russian Deputy Foreign Minister Gennady Gatilov said. …

[DreamsInDigital]

Now lets just get another report that Netanyahu decides to resign and give up his plans of kicking off WW3.

I am celebrating, and greatful for Sabrina and the others that have contributed to this thread to share such wonderful news on the financial and political front. Bravo my fellow Avalonians!

[Sabrina]

http://www.businessweek.com/news/2012-02-22/codexis-has-historic-drop-after-ceo-resigns-san-francisco-mover.html


Codexis Has Historic Drop After CEO Resigns: San Francisco Mover
February 22, 2012, 7:44 AM EST



MORE FROM BUSINESSWEEK

P&G Said to Seek Termination of Pringles Sale to Diamond Foods

By Andrew Herndon
Feb. 21 (Bloomberg) -- Codexis Inc., the U.S. biotechnology company, fell the most ever after Chief Executive Officer Alan Shaw resigned and analysts downgraded its shares.

Codexis, which develops enzymes used in the production of biofuels, biochemicals and pharmaceuticals, declined 17 percent to $3.79 at 2:53 p.m. in New York. It dropped as much as 19 percent earlier, the most since it began trading April 22, 2010.

Shaw, who was president of the company since it was founded, will leave his post “to pursue other interests,” the Redwood City, California-based company said in a Feb. 17 statement. Peter Strumph, 47, senior vice president and business head of pharmaceuticals, was appointed interim CEO.

Shaw will continue to serve as a special adviser to the board. His resignation follows the departure of Chief Financial Officer Robert Lawson, who left the company Jan. 24.

“I think the two are unrelated, but nonetheless you have serious turnover within the ranks of senior management,” said Michael Klein, a New York-based analyst with Sidoti & Co. “It makes people question what’s going on internally and behind the scenes.”

Klein downgraded the shares today to “neutral” from “buy” with a target price of $4. Codexis was also downgraded today to “underweight” from “neutral” by Michael Cox, an analyst with Piper Jaffray & Co. in New York.

Codexis is working with a venture of Royal Dutch Shell Plc and Brazil’s Cosan SA Industria & Comercio on improved yeast strains to boost the output of mills that turn sugar cane into ethanol, technology it said in September it plans to sell at the end of this year.

The company also introduced new enzymes last year for converting biomass into sugars that can be used to make detergent alcohols it’s developing with Chemtex Inc.

“To what extent are these initiatives going to play out and what’s the timeline around when they play out?” Klein said. “That’s the uncertainty right now weighing on the stock.”

[Ria]

Sabrina:clap2::victory::thank_you2:

[Irishsinger]

I haven't seen anyone from america running for the hills yet,
unless i missed something.

Word is there will be American high ones falling low in the next few days....Geithner appears to be vulnerable, and I would not be surprised to see an attempt at a graceful exit there. When the White Hats make their big Pentagon-backed move is anyone's guess - if indeed they can pull that off. I understand they are at pains to avoid having it appear to be a military coup - but then who makes the arrests? With what authority? Will it be Interpol? Do they have jurisdiction here? Will there be federal indictments? How will the media handle this? Will their cabal overlords have been neutralized, allowing freer coverage?

One thing now appears certain - this is no longer merely hopeful alternative community wishful thinking. This is playing out in the real world. The currency realignment will be the trigger for much of this, it appears. The Federal Reserve would then be mere days away from being entirely dismantled - and with it, most likely, the IRS. This is, for most of us, simply beyond belief until we actually see it.

But for the first time, I begin to feel that it's possible.

Irishsinger

[Spirithorse]

I just got a notification about Ishtar's latest blog article.
Copied parts of it here - it's very encouraging news...


Dog Day Afternoon … and Morning and Evening Too
by Ishtar Babilu Dingir



I’m sitting here wondering whether we’ve just been watching the biggest bank heist of all time, being played out on the world stage over the past few decades. One thing’s for sure. Something really huge is going down right now. I’m not sure what, but many very high level and senior bankers and politicians are resigning en masse worldwide.

Not least among them is Lloyd Blankfein, who is ‘stepping down’ as chief executive of Goldman Sachs. Also ‘stepping down’ is World Bank President Robert Zoellick. The whole Romanian cabinet has resigned, to a man, and not forgetting the German president Christian Wulff’s resignation in disgrace a few days ago. It’s also noteable that the British, Dutch and Swedes are refusing to sign off the EU accounts, amidst accusations of budget mis-management ~ a term often used as a euphemism for financial fraud.

Plus…hot off the press today: it’s just been announced that three senior investment bankers from Royal Bank of Scotland were among the 16 individuals arrested last week as part of an investigation into allegations of tax evasion.


And I’m also wondering whether these mass arrests and chief executive resignations are linked to a speech that Lord James of Blackheath delivered to a practically empty House of Lords a few days ago, in which he revealed his suspicions, backed by a convincing paper trail, of a huge fraud involving possibly “A major American department agency …gone rogue and … seeking to get at least 50 billion Euros as a payoff.”

Dare we to believe that the cabal of international crooks who’ve been holding the planet to ransom for so long are finally on the run?

These resignations have appeared in the trade press, mainly, as individual stories. No mainstream media journalist, yet … and for obvious reasons, has attempted a pull together of all of this …. So we can make a start here:

* 1: ROMANIA ~ Romanian prime minister and cabinet resign en masse.
* 2: GERMANY ~ Embarrassment for Merkel as German president resigns in disgrace
* 3: SWITZERLAND ~ Bank chief resigns over £1.5bn rogue trader crisis.
* 4: CHINA ~ The top executives of two of China’s biggest banks resigned Friday.
* 5: INDIA ~ 22 out of 25 directors of top Indian bank, BDCCB, resign.
* 6: SWITZERLAND ~ Switzerland’s biggest bank said Yasuki Matsui resigns as chairman of the investment banking division in Japan
* 7: IRAN ~ Iran’s Bank Melli CEO resigns over biggest loan scam in Iran’s history.
* 8: SWITZERLAND ~ The Swiss National Bank chairman has resigned abruptly, bowing to a public uproar over private currency deals.
* 9: BRITAIN ~ Lloyds Head of Wholesale quits.
* 10: SPAIN ~ The head of operations in the Americas for Spain’s biggest bank Santander resigned on Wednesday.
* 11: ROME ~ Four priests charged in Vatican banking scandal.
* 12: INDIA ~ Tamilnad Mercantile Bank MD resigns
* 13: KUWAIT ~ The head of Kuwait’s central bank of more than 25 years has resigned, state media said Monday
* 14: NICARAGUA ~ Nicaragua’s Central Bank President Antenor Rosales quit amid differences with President Daniel Ortega
* 15: BRITAIN ~ Malcolm Hayday, CEO and one of the founders of Charity Bank, has decided to step down from the post this year.
* 16: GLOBAL ~ World Bank President Robert Zoellick said Wednesday he is stepping down
* 17: SLOVENIA ~ Slovenia’s Two Biggest Banks’ CEOs Step Down as Woes Mount.
* 18: SAUDI ARABIA ~ Saudi Hollandi Banks Managing Director Geoffrey Calvert has resigned
* 19: AUSTRALIA ~ Stephen Williams quits his role of leading Royal Bank of Scotland’s Australian arm.
* 20: RUSSIA ~ The head of supervision at Russia’s central bank has resigned after series of scandals & massive mismanagement
* 21: AUSTRALIA ~ Kevin Rudd resigns as Foreign Minister, condemns Julia Gillard’s silence (but may not be connected to banking scandal).
* 22: US: Two top Morgan Stanley investment bankers resigned today, increasing the pressure on Chief Executive Philip Purcell and raising questions about whether the securities firm can remain independent.
* 23: INDIA ~ Amitabh Chaturvedi quit as managing director and chief executive officer (CEO) of private sector lender Dhanlaxmi Bank Ltd on Monday
* 24: NEW ZEALAND central bank Governor Alan Bollard will quit in September
* 25: UK: Three senior investment Royal Bank of Scotland bankers were among the 16 individuals arrested last week as part of an investigation into allegations of tax evasion involving film financing schemes.
* 26: CARACAS — President Hugo Chavez lost one of his closest and oldest collaborators as Science and Technology Minister Jesse Chacon submitted his resignation after his brother was arrested in connection with the crisis in which state control has been imposed on six banks.
* 27: SWITZERLAND ~ The Swiss National Bank said Friday its council president, Hansueli Raggenbass, has decided to leave later this year
* 28: GHANA ~ Investment banker, Ken Ofori-Atta has stepped down as the Executive Chair of the Databank Group.
* 29. UK: Senior private banker resigns from Coutts.
* 30: FRANCE ~ Michel Péretié, head of Société Générale’s corporate and investment banking division, is leaving the French bank to pursue other opportunities
* 31: UK ~ CEO Nick Fletcher leaves private bank Saunderson House after 22 years with company and 15 years on board.

I’ll try to keep this list updated with new information as events unravel, although it’s moving very fast.

In the meantime, hang on to your hats, dear friends, for I think we’re about to enter some ‘interesting times’!

[derek]

MASSIVE list of resignations just this last month

About 70 resignations so far this month.


Kevin Rudd austrailian foreign minister resigns

http://www.huffingtonpost.com/2012/02/22/kevin-rudd-resigns_n_1292796.html?ref=world

Senior isreali official steps down

http://www.haaretz.com/news/national/senior-official-at-netanyahu-s-office-to-resign-following-eshel-affair-1.414011

Mumbai congress chief resigns

http://www.ndtv.com/article/india/corruption-case-mumbai-congress-chief-kripashankar-singh-resigns-178709

Dutch labor leader

http://www.ft.com/cms/s/0/69dbef00-5bdc-11e1-bbc4-00144feabdc0.html?ftcamp=published_links%2Frss%2Fworld_europe%2Ffeed%2F%2Fproduct#axzz1n90gb9qB

Komen vice president of public policy

http://www.thelantern.com/campus/vice-president-of-public-policy-resigns-after-controversy-with-planned-parenthood-1.2771477

Cincinnati treasurer resigns

http://news.cincinnati.com/article/20120215/NEWS0103/302140118/Kenton-treasurer-resigns?odyssey=tab%7Cmostpopular%7Ctext%7CFRONTPAGE

First white house CTO resigns

http://www.computerworld.com/s/article/9224126/First_White_House_CTO_Chopra_Resigns

Washington D.C Director of Homeland Security and Emergency Management Agency

http://www.examiner.com/government-in-washington-dc/west-resigns-from-dc-government#ixzz1n92mNz00

UK cabinet minister resignation

http://articles.cnn.com/2012-02-03/world/world_europe_uk-government-huhne_1_energy-secretary-criminal-charges-european-parliament?_s=PM%3AEUROPE

Arizona us attorney office criminal chief

http://www.mainjustice.com/2012/01/31/arizona-u-s-attorney-office-criminal-chief-resigns-amid-fast-and-furious-probe/

French minister resigns

http://www.reuters.com/article/2012/02/22/france-election-minister-idUSL5E8DM6FF20120222

Johnson and johnson ceo to resign

http://www.nytimes.com/2012/02/22/business/j-j-chief-to-resign-one-role.html

Chinese communist party secratary to resign

http://english.ntdtv.com/ntdtv_en/news_china/2012-02-21/reports-bo-xilai-resigning-from-china-s-politburo.html

Codexis (biotechnology company) ceo resigns

http://www.businessweek.com/news/2012-02-22/codexis-has-historic-drop-after-ceo-resigns-san-francisco-mover.html

Andarko (oil company) ceo to resign

http://www.wyomingbusinessreport.com/article.asp?id=62143

South african ceo

http://www.sowetanlive.co.za/news/business/2012/02/21/union-welcomes-ceo-s-resignation

Stryker ceo resigns

http://online.wsj.com/article/BT-CO-20120209-717910.html

Christopher and banks ceo

http://www.thehawkeye.com/story/Christopher---Banks-021912

Dubai aerospace ceo resigns

http://www.reuters.com/article/2012/02/15/emirates-dubaiaerospace-idUSL5E8DF6K520120215

Sonata ceo resigns

http://www.business-standard.com/india/news/sonata-ceo-resigns/464675/

Gibbs smith ceo

http://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/50679-gibbs-smith-ceo-resigns.html

Chairman of nabors (major oil company) resigns

http://www.sfgate.com/cgi-bin/article.cgi?f=%2Fg%2Fa%2F2012%2F02%2F06%2Fbloomberg_articlesLYZ0HO6S972K01-LYZXP.DTL

Sundia (chinese company) chairman

http://www.cnbc.com/id/46375123

Vestas ceo resigns

http://ventnorblog.com/2012/02/08/vestas-chief-financial-officer-and-deputy-ceo-resigns/

executive vice president, corporate and legal affairs and general counsel of Kraft Foods to leave

http://www.thelawyer.com/philip-morris-turns-to-kraft-as-general-counsel-resigns/1011509.article

China sky ceo resigns

http://business.asiaone.com/Business/News/Story/A1Story20120209-326872.html

Virginia railway express ceo resigns

http://fredericksburg.patch.com/articles/vre-s-ceo-will-resign-in-june

Head of abcs current affairs department resigns

http://news.ninemsn.com.au/national/8423709/abc-current-affairs-head-resigns

canrock ceo resigns

http://www.nasdaq.com/article/canrock-announces-resignation-of-president-and-ceo-greg-busby---quick-facts-20120217-00802

South africas largest supermarket chain ceo resigns

http://www.moneyweb.co.za/mw/view/mw/en/page295799?oid=561597&sn=2009+Detail&pid=287226

Edesa ceo resigns

http://www.latinfinance.com/Article/2980040/News/Edesa-Pauses-after-Edenor-CEO-Resigns.html

Neon finance director

http://www.thehour.com/story/518958/finance-director-resigns-from-neon-leaving-questions-behind

Kosmont ceo resigns

http://www.sgvtribune.com/news/ci_19933803

Two more greek ministers resign

http://au.finance.yahoo.com/news/two-more-greek-ministers-resign-160304687.html

Five bank and insurance directors resign

http://www.thefinancialexpress-bd.com/more.php?news_id=120917&date=2012-02-21

Swiss national bank chairman

http://moneylife.in/article/swiss-national-bank-chairmans-resignationmdasha-pointer-to-all-regulators-in-india/23690.html



From RMN http://kauilapele.wordpress.com/2012/02/20/and-now-even-more-heres-whats-going-on-with-those-bankers-articles-thanks-w-at-rmn/



Romanian prime minister and cabinet resign en masse
http://www.guardian.co.uk/world/2012/feb/06/romania-pm-cabinet-resign

Christian Ruff resigns (financial corruption charges)
http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html

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

Switzerland’s central bank chief resigns
http://www.aljazeera.com/news/europe/2012/01/201219145612935171.html

Lloyds’ head of wholesale quits
http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/


Spanish bank Santander’s Americas chief quits
http://www.expatica.com/es/news/spanish-news/spanish-bank-santander-s-americas-chief-quits_202395.html

Normura’s head of wholesale banking quits
http://www.euromoney.com/Article/2959021/Nomuras-head-of-wholesale-banking-quits.html

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

(Greece) Banks’ top negotiator quits Greece, but talks go on
http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go

Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

Falguni Nayar quits Kotak Mahindra Bank
http://articles.economictimes.indiatimes.com/2012-02-07/news/31031134_1_kotak-mahindra-bank-falguni-nayar-shanti-ekambaram

Iran denies central bank resignation rumor (don’t believe until its denied?)
http://finance.yahoo.com/news/iran-denies-central-bank-resignation-164154294.html

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

Tamilnad Mercantile Bank CEO resigns
http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

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

Nicaraqua Central Bank Pres Rosales resigns
http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html

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

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

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

Governor of Kenyan Central Bank to Resign
http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign

Ken Ofori-Atta steps down as Executive Chair of Databank Group
http://business.thinkghana.com/pages/finance/201202/57429.php

Saudi Hollandi Banks Managing Director Quits
http://webcache.googleusercontent.com/search?q=cache%3AZVfFZypqVIcJ%3Awww.a1saudiarabia.com%2F4489-saudi-hollandi-banks-md-quits%2F+&cd=4&hl=en&ct=clnk&gl=us

Anz Bank CFO Australia resigns
http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill

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

Blankfein out as Goldman Sachs CEO by summer
http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/

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

Head of Russian Bank Regulator Steps Down
http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711

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

Korea Exchange Bank chief steps down
http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML

[Arrowwind]

OMG! Its spreading like a plague! But all of these are not banks and some listed seem not related to crime at all so whats the deal?

[Ria]

Thank you Derek, :chess:what will the next move

[DreamsInDigital]

House Cleaning Across the Globe, apparently they "read the writing on the wall." I wouldn't say those aren't related to crime. Johnson and Johnson is a horrible company when it comes down to it and guilty of criminal activity as they are behind many of the pharmaceutics, medications etc that have poisoned people world wide. Kraft Foods, for the toxic crap they allowed to be put in their foods is guilty of intentional or otherwise contributing willingly to toxic chemicals in the foods Americans consume. Also putting out substandard foods contributing to failing health of Americans. I wouldn't say that those that are stepping down aren't part of this at all, they all are.

[shadowstalker]

has any of them resigned there last yrs pay chacks and taxes back to the ppl?

[humanalien]

They had better hit the UK and USA really hard because they are
the ones behind everything.

[FutureHumanDestiny]

wow thanks for the list! great work!

the web bot might have predicted this? i don't recall the precise language, however, i know that it predicted that large numbers of high visibility and high powered people would 'disappear' (or some word like that) from 'visibility,' possibly just before the banking collapse and/or war with iran. i think it was 3-4 reports ago, in long term data.

-dale

[aranuk]

I would like to point out that these recent so called resignations of top bankers around the world is not what I would call "taking them out" and put on trial. They are resigning of their own free will because of many reasons, some of which are fraud charges against them.


Stan

[write4change]

Thanks so much for this concise and informative post.

[WyoSeeker]

Keep in mind that it's not uncommon in an election cycle to see people around congress and the white house moving to those fat corporate executive positions they sold us into slavery for.
:)

[onawah]

This is one plague we can welcome with open arms.

[FutureHumanDestiny]

Keep in mind that it's not uncommon in an election cycle to see people around congress and the white house moving to those fat corporate executive positions they sold us into slavery for.
:)

agreed, however, people often resign before they can be implicated in any criminal activity. if there's going to be a financial collapse as predicted by Gerald Celente and others, followed by martial law police crackdowns, then it would be logical for bankers and political insiders to resign first. if they strike iran, then the other dominoes will fall soon after.

just my 3c

-dale

[DreamsInDigital]

WyoSeeker,

I don't think this is "normal" election year reshuffling by any account.

[Firinn]

Looking at this from another angle, could this not be something like a "Change of Guard"? Installing another kind of animal at the helm to, lets say for arguments sake, steer them/us in to the "next phase"?


With love,
Firinn.

[TargeT]

This is one plague we can welcome with open arms.

who's replacing them.... I don't see this as positive.

if they were being arrested (as all the channelled stuff says) I'd see it as positive.. or "fired"...



Looking at this from another angle, could this not be something like a "Change of Guard"? Installing another kind of animal at the helm to, lets say for arguments sake, steer them/us in to the "next phase"?


With love,
Firinn.
Exactly..l this looks more like a prep for the "NWO" than anything we should be happy for... I do not see this as "good" at all.

[Ellisa]

Well, Kevin Rudd, the first name on the list, is hoping to charge back as Prime Minister (ie Top Dog) in Australia in a caucus ballot on Monday!

Apart from that--- What an extraordinary list! What's afoot!

[WhiteFeather]

Does anyone know if The Ceo of Monsanto also packed his bags and high tailed it out to Paraguay along with Boy George Bush and Pappy Bush? LMK

[ThePythonicCow]

There was a similar thread a few days ago, initially focusing just on banking resignations, but including others, at http://projectavalon.net/forum4/showthread.php?41059-Bank-Resignations-Across-the-World

P.S. -- Update -- I merged the new "MASSIVE amount of high profile resignations this month" thread in with this existing "Bank Resignations Across the World" thread, and will change the thread title to reflect the broader scope (not just banking).

The new thread title is "Massive Bank and High Profile Resignations Across the World"

[ThePythonicCow]

Exactly..l this looks more like a prep for the "NWO" than anything we should be happy for... I do not see this as "good" at all.
Well ... since there seem to be too many for this to be random coincidence, that suggests that at least most of these resignations are non-random and co-ordinated.

That suggests that there is some power behind them, co-ordinating them.

Whether or not that is good for us ordinary humans depends on the intent of that power.

However ... it would not seem to be a good sign that that power is not showing their face so far.

I am impressed however with the extent of that power's reach ... some serious dudes there, whoever they are.

[mosquito]

Thanks for all the info peeps, but as others have suggested, this may simply signify a change of guard, or the rats leaving the ship.

What we need is mass ARRESTS !!!

[DreamsInDigital]

However ... it would not seem to be a good sign that that power is not showing their face so far.

I am impressed however with the extent of that power's reach ... some serious dudes there, whoever they are.
In times of war like these, it is in the interest of those whom hold such powers to remain as anonymous as possible, if it is for nothing more than protecting their own lives and those of their families. And not giving the loosing party any more targets than they already have to hit at. Orders Of Battle are best kept as secret as possible until the final battle has been won.

[ThePythonicCow]

What we need is mass ARRESTS !!!
Given the corruption in our legal and court system ... I'm skeptical that arrests would mean much ... unless the main stream media reported those arrests in a way to encourage more people waking up and getting a clue.

It's the negative publicity, from the official sounding sorts of sources that most people trust, that I'd like to see (whether triggered by arrests or by some other mechanism.)

[ThePythonicCow]

In times of war like these, it is in the interest of those whom hold such powers to remain as anonymous as possible,
Good point ... if they have a choice between (1) telling us all who they are, and risk losing, or (2) staying covert, and winning ... and if they are working in the better interests of humanity ... then I wish them success. I'll figure it out later, if I'm still here and perceptive enough.

[sunnyrap]

This could be A karmic pandemic. I wonder if politicians are susceptible?. Let's hope so...

That was my thought, also. All this incredible scramble to save infinitely disposable-replaceable fleshy sacks while doing much harm (the relational being more important than the physical, really) to others and their own karmic debt. Looks like the actions of beings who believe they are their bodies. They had an opportunity to try and save us all and did not/are not taking it. If we who are 'left behind' do all we can to help each other, we are in much the better position in the long run, imo. Seems a waste of emotional energy to spend angst on them or vent frustration on the rest of us in any case...

[Pete]

I personally feel that these people have been asked to leave and they have taken the view that if they are happy to hold onto the money they have fixated their lives upon then let them. The money is immaterial to what is really important, they have relinquished power. Lets also take into account that some of these people may have been force-ably coerced into taking the route they did. If this is the the real deal then we have to consider that we are all culpable either in this life or past and to quote a famous work of literature " he who is without sin, cast the first stone".

[ghostrider]

something is in the air, you don't become a big bank moneyman with the most cush job in the world and then just step down. they know something we don't.

[Antagenet]

Perhaps those who are resigning heard Benjamin Fulford's newest ... that the elites will be hunted down, outed and punished... hahaha
and so they want to quietly take their sacks of gold into their cushy private bug out retreats? It does seem likely that their blueblood grapevine
would alert them to some possible upcoming disaster. Who would want to be in a position of blame when TSHTF?

I am taking this avalanche of resignations as another cue to be sure to have more cash and metals and food on hand.

[Cjay]

Transcript of Kevin Rudd's resignation speech

KRudd is a rude, arrogant, control-freak snake. JuliaR is a Medusa.
Both are incredibly incompetent and destructive - they are two of the the three worst Prime Ministers in Australia's history.

They have robbed Australia's savings and robbed Australia's future - at least $200 billion has vanished.

The best possible outcome would be for them to kill each other in a political duel.

MSM in Australia has been totally swamped by the circus of these two idiots fighting it out, totally distracting the sleeping sheeple from what's really going on in the world.

[cellardoor]

Dept of Administration Secretary Resigns
http://www.wvmetronews.com/news.cfm?func=displayfullstory&storyid=51127

G. Willi-Food Announces Resignation of an External Director and Nomination of a Replacement External Director
http://www.marketwatch.com/story/g-willi-food-announces-resignation-of-an-external-director-and-nomination-of-a-replacement-external-director-2012-02-23

Senator McGee Resigns Amid Sexual Harassment Allegation
http://magicvalley.com/news/local/state-and-regional/senator-mcgee-resigns-amid-sexual-harassment-allegation/article_03207858-f419-552f-9ff8-0f12177b86cb.html

Updated: DEA arrests County Commissioner Willie Gandara Jr. on drug trafficking charges
http://www.elpasotimes.com/ci_20024482?source=most_viewed

[modwiz]

Keep in mind that it's not uncommon in an election cycle to see people around congress and the white house moving to those fat corporate executive positions they sold us into slavery for.
:)

agreed, however, people often resign before they can be implicated in any criminal activity. if there's going to be a financial collapse as predicted by Gerald Celente and others, followed by martial law police crackdowns, then it would be logical for bankers and political insiders to resign first. if they strike iran, then the other dominoes will fall soon after.

just my 3c

-dale

Leaving the scene of a crime is no guarantee of escaping the consequences of malfeasance. Whatever it indicates, it does not 'feel' like the SOS to me. Rats leaving a ship is never business as usual behavior. At a minimum, it indicates a ship taking on water.

[Sabrina]

Does anyone know if The Ceo of Monsanto also packed his bags and high tailed it out to Paraguay along with Boy George Bush and Pappy Bush? LMK

They're not having such an easy time at the moment tho'.

http://www.france24.com/en/20120213-french-court-orders-monsanto-compensate-poisoned-farmer

AFP - A French court on Monday found US agro giant Monsanto legally responsible for the poisoning of a farmer with one of its herbicides in 2004, in a verdict that could have global implications.

"Monsanto is responsible for Paul Francois's suffering after he inhaled the Lasso product ... and must entirely compensate him," said the judgement from the court in the southeastern city of Lyon.

"This concerns farmers around the world," said the farmer's lawyer, Francois Lafforgue.

Grain farmer Francois, 47, inhaled the powerful weedkiller when he opened up a sprayer in 2004. He became nauseated, began stuttering and suffered dizziness, headaches and muscular aches, rendering him unable to work for a year.

Monsanto was accused of keeping Lasso on the French market until 2007 despite bans of the product in Canada, Britain and Belgium.

The company also failed to say what its product contained on the label or warn of the risks of inhalation or advise the user to wear a mask, Lafforgue said.

Monsanto's lawyer Jean-Philippe Delsart had argued that there was no proof of poisoning as the farmer's symptoms did not appear until months after the inhalation.

Monsanto said the firm had not yet decided whether to appeal the verdict.

"We feel that there are not sufficient scientific elements that demonstrate the causal link between the use of Lasso and Mr Francois's health problems," said Yann Fichet, Monsanto France's head of institutional relations.

Generations Futures, which lobbies against the massive use of pesticides, hailed the ruling.

"The recognition of Monsanto's responsibility in this matter is essential: plant care companies know that from now on they can no longer shirk their responsibilities," said spokesman Francois Veillerette.

"This is an important step for all farmers and the other victims of pesticides who can at last see firms' responsibility challenged for painful illnesses that affect them, and have their suffering compensated."

Militant environmentalist and European Parliament member Jose Bove said that France's system for authorising pesticides should be reformed.

Lasso "was classified as dangerous in the 1980s ... (but) it was only withdrawn in 2007, which shows that the problem of authorisations for these pesticides must be completely overhauled," he told AFP.

[Sabrina]

Does seem to be a shift in that dysfunctional stuff is coming to the surface and those associated are packing their bags. As Avalonians have said, do they see the writing on the wall, are they being pushed or are they being 'detoxed' as part of the cleaning process and shift in energies?

I don't believe they will all be replaced by the old guard. Times are changing. I'm not fearful on that front. Got to get rid of the dark before the light comes in.



23 Feb (UK)
http://www.guardian.co.uk/society/2012/feb/23/nhs-watchdog-cynthia-bower-resigns

NHS watchdog chief Cynthia Bower resigns
Care Quality Commission chief executive quits amid criticism of regulator's failure to adequately police hospitals and care home

The head of the NHS regulator for England, who has been the subject of mounting criticism over the watchdog's failure to adequately police hospitals and care homes, has resigned.

Cynthia Bower announced on Thursday that she was resigning from her £195,000-a-year role as chief executive of the Care Quality Commission, which she has held since 2008.

Although she insisted it was "time to move on" after four years helping set up and lead the regulator, it comes after growing public and private pressure for her to quit.

[Sabrina]

If anyone's got the resignation compulsion, here's a simple template. I'm very resigned personally :).


To Whom It May Concern:


The purpose of this letter is to inform you that I will be resigning from my position at “…name of company/organization…” effective “…insert date of first day you will miss work…”.

While I truly appreciate the opportunity of having worked at “..name of company…” on a continued basis, I will be pursuing this change which I believe to be in my best interest. I am grateful for the experience and relationships that I have acquired while working for “…company name…”, and hope that these will be of mutual benefit into the future.

Please accept my resignation as notice that my anticipated final day of work will be on “…date of final day of work…”.

Sincerely,


Your Name

[778 neighbour of some guy]

Looking at this from another angle, could this not be something like a "Change of Guard"? Installing another kind of animal at the helm to, lets say for arguments sake, steer them/us in to the "next phase"?


With love,
Firinn.

This could very well be just a change of guard indeed, its good businesspractice to train your own successor, happens just about everywhere, same old show, new decor and new faces. we'll see what happens next, until real positive changes are taking place in front of our own two eyes we will be just speculating obout what it is that is actually happening around us at this present time.

[Sabrina]

http://www.publicservice.co.uk/feature_story.asp?id=18799


Whatever your ambition, resignation is usually best avoided. Pragmatists choose compromise
23 February 2012

Quitting can be a matter of power or principle that divides politicians and civil servants and is rarely worth the price. Resign at your peril, says David Allaby

If you want to reach the top don't resign, seems to be a statement of the obvious. And such uncomplicated words of wisdom – offered recently by Andrew Adonis as he stepped down from running the Institute for Government – seem to have been absorbed by those who work in Whitehall, but not necessarily by the politicians they serve.

(unless you're being buzzed by a Galactic ship presumably, or White Hat with gentle politically correct taser gun)....:)

[Taurean]

Yes Ben, that little speck just past Orion.

http://3.bp.blogspot.com/-rACmJe81sRM/TxCHGkkKV3I/AAAAAAAAArg/W-3mc7Z0-Us/s1600/Binyamin%2BShalom%2BBernanke%2B-%2BBanking%2BSystem.jpg?SSImageQuality=Full

[cellardoor]

MEP Nikki Sinclaire held in European Parliament fraud probe
http://www.bbc.co.uk/news/uk-england-birmingham-17137739

[Firinn]

Looking at this from another angle, could this not be something like a "Change of Guard"? Installing another kind of animal at the helm to, lets say for arguments sake, steer them/us in to the "next phase"?


With love,
Firinn.

This could very well be just a change of guard indeed, its good businesspractice to train your own successor, happens just about everywhere, same old show, new decor and new faces. we'll see what happens next, until real positive changes are taking place in front of our own two eyes we will be just speculating obout what it is that is actually happening around us at this present time.

I agree, in some cases it's bring on the "home grown" successor, keep the status quo kind of thing. In many cases the new CEO's come from other organisations and I believe, a good percentage of those are from other sectors too. Just expressing here a feeling that came to me about how all of these "resignations" could be connected. I'm sure there must be resources on the internet that "profile" CEO's (the successors) in such a way as to predict what "change" they've been drafted in to accomplish? Some may be there who's speciality is to "liquidate" an organisation, others specialise in mergers etc. Now take that information and build the bigger picture, looking for connections between all of these, perhaps uncovering the plan for a new landscape, a "common agenda"?

[TargeT]

Looking at this from another angle, could this not be something like a "Change of Guard"? Installing another kind of animal at the helm to, lets say for arguments sake, steer them/us in to the "next phase"?


With love,
Firinn.

This could very well be just a change of guard indeed, its good businesspractice to train your own successor, happens just about everywhere, same old show, new decor and new faces. we'll see what happens next, until real positive changes are taking place in front of our own two eyes we will be just speculating obout what it is that is actually happening around us at this present time.


If it walks like a duck and quacks like a duck.....

I don't see how these resignations can be seen as ANYTHING but bad news... I see a huge flushing of "old players" to allow the new; ones who will implement the planned currency & world government changes.. even CHINA.. the suposed home of the "white dragons" is joining in on the game...

I see a corporate merger happening, mostly bank related (as they hold the reins to the world anyway...) & how anyone can see this as positive baffles me.

[sygh]

Snoweagle,

I agree with you. You have put your words together very well, even the weaponry. You are probably in the 95% of being right. You are not trying to scare anyone, you are simply telling it like it is.

Harsh, isn't it. The time line may be a little sooner than later. Maybe we shall meet on the other side of III, then again...

[Pete]

Another way to look at this is; The evidence has been produced to show that these people have no further right to remain in position and they can either remain in post and be arrested or they can take their ill gotten gains and be left alone. The PTW, say yeah move on, we'll put our next man in they've got nothing on him. However, We are examining this from a 3D perspective, We do not have a full understanding of what constitutes allowable evidence, In the higher realms of conciousness there are likely to be other technologies similar to our own forensic science (finger prints) that constitutes a recognised and legally binding science that can prosecute wrong doers without our normal understanding of evidence or proof.

I think the chance of the next patsy being put in place is highly likely but I believe that this will be of no surprise to those forcing the issue.

Again this all comes down to your personal choice of outcome. believe what makes you most comfortable, I know which time line I prefer.

[Sabrina]

Another way to look at this is; The evidence has been produced to show that these people have no further right to remain in position and they can either remain in post and be arrested or they can take their ill gotten gains and be left alone. The PTW, say yeah move on, we'll put our next man in they've got nothing on him. However, We are examining this from a 3D perspective, We do not have a full understanding of what constitutes allowable evidence, In the higher realms of conciousness there are likely to be other technologies similar to our own forensic science (finger prints) that constitutes a recognised and legally binding science that can prosecute wrong doers without our normal understanding of evidence or proof.

I think the chance of the next patsy being put in place is highly likely but I believe that this will be of no surprise to those forcing the issue.

Again this all comes down to your personal choice of outcome. believe what makes you most comfortable, I know which time line I prefer.


Absolutely agree about the time line choice Pete. I believe we are very powerful on this front and the collective desire for change and an end to corruption will push this all forward energetically (for those that want this). Once the veils have fallen from the eyes, very hard to keep putting them back. There's a choice as to whether to live in the reality of the old controllers seizing the reins again or not. Or them repeating the same old patterns. They might not be able to make that stick.

[Sabrina]

A cynical betrayal of the unemployed revealed at least. S

http://www.dailymail.co.uk/news/article-2105486/Back-work-tsar-Emma-Harrison-steps-Government-role-firm-faces-second-fraud-inquiry.html



Dramatic exit: Emma Harrison quit as David Cameron's 'back to work' tsar yesterday after a string of allegations against her employment firm
David Cameron’s millionaire ‘back to work’ tsar Emma Harrison dramatically quit yesterday following a string of fraud allegations against her firm.
She said she was stepping down immediately as the Prime Minister’s ‘family champion’ to avoid becoming a ‘distraction’.
Her company A4e, which earns hundreds of millions of pounds from Government contracts, is at the centre of two police investigations.
Yet incredibly the firm has been named this week as preferred bidder on a £15million contract to rehabilitate prisoners in London.
Mrs Harrison, 48, who is said to be worth £70million, was facing fresh allegations of a conflict of interest after it emerged that A4e had won a separate Government contract to advise the Cabinet Office on how to get problem families back to work. Ministers were urged to suspend the firm’s contracts pending the outcome of the police inquiries into alleged fraud.
The departure of Mrs Harrison is an embarrassment for the Prime Minister, who appointed her to help get 120,000 ‘problem families’ into work and only in December described her as an ‘inspiration’.
But ministers have been rapidly distancing themselves from her in recent days as A4e became engulfed in a tsunami of bad publicity. The Department of Work and Pensions warned that the firm could be stripped of its contracts if evidence of systemic and continuing fraud is uncovered by the police. Mrs Harrison’s decision to quit is designed to limit the political fallout for Mr Cameron. But the inquiries into her firm’s activities still threaten to plunge the Government’s flagship Work Programme into crisis.
A4e is one of only five major private firms to be handed incentive deals to get the long-term jobless back to work.
A spokesman for the Prime Minister last night said he ‘respected’ Mrs Harrison’s decision to quit.
In a statement, she said: ‘I have asked to step aside from my voluntary role as Family Champion as I do not want the current media environment to distract from the very important work with troubled families.

[Sabrina]

http://www.businessweek.com/news/2012-02-24/citigroup-private-bank-s-co-head-of-global-real-estate-resigns.html

Citigroup Private Bank’s Co-Head of Global Real Estate Resigns

Feb. 24 (Bloomberg) -- Kwang Meng Quek, co-head of the global real estate group at Citigroup Inc.’s private banking unit, resigned.

Adam Abdur Rahman, a Singapore-based spokesman for Citigroup, confirmed the resignation. Quek will leave the bank next month and a successor will be named shortly, Rahman said. Quek, who is based in Hong Kong, couldn’t be reached at his office phone or by e-mail for comment.

Quek has been with Citigroup since 1990, including 12 years working for the corporate bank unit, according to a profile on the website of National University of Singapore, where he is an instructor in the real estate department.

--Editors: Chitra Somayaji, Russell Ward

[Sabrina]

Just for info., this is from David Wilcock's 24 Feb update posted on the forum.



The Internet is exploding with lists of major financial industry CEOs who are resigning, mostly just within the last month. The silence from the mainstream media about this is deafening.

I have heard there are 10 different cases in the US, on a very high level, and they've already fled to Brazil and Paraguay. These are NOT in the lists circulating on the internet -- at least not yet.

This only adds further evidence to support the idea that "Something Big Is About to Happen" -- namely the mass arrests of so many conspirators.

¤=[Post Update]=¤

http://www.fijitimes.com/story.aspx?id=194303
Haiti PM resigns

Haiti PM resigns
Afp
Sunday, February 26, 2012
PORT-AU-PRINCE - Haitian Prime Minister Garry Conille has abruptly resigned after less than five months on the job.

The move is a political setback for President Michel Martelly, whose struggle to fill the top government post has hampered earthquake reconstruction and other development efforts.

The government announced Conille's resignation in a brief statement and said Martelly would address the country in a live televised speech later yesterday.

The president did not immediately announce his proposed replacement for the top administrative post in the government.

"I feel obliged to present to you my resignation as Prime Minister of the government of the Republic of Haiti," Conille wrote in a typed letter that was addressed to the president.

"Please accept, Mr President Of The Republic, the assurance of my patriotic sentiments."

Conille's resignation, which came after weeks of rumours of strife between him and other officials in the administration and in Parliament, poses a new challenge to a government struggling to rebuild much of the capital and surrounding region after a devastating January 2010 earthquake.


This is an interesting one - given all the rumours of financial transactions after the big earthquake.

[Sabrina]

http://www.actforaustralia.com/articles/more-arab-spring-kuwait-cabinet-resigns-amid-political-crisis

More from the "Arab Spring": Kuwait cabinet resigns amid political crisis

Kuwait's cabinet has resigned after protesters and opposition deputies demanded that the prime minister step down over allegations of corruption, state-run television has reported.

"The prime minister [Sheikh Nasser Mohammad al-Ahmad Al-Sabah] has submitted his resignation to the emir," Kuwait TV said, without specifying whether it had been accepted.

Earlier, opposition member Khaled al-Sultan said the cabinets's resignation was accepted amid a bitter political dispute between the prime minister and opposition MPs.

"We are waiting for the appointment of a new prime minister before parliament is dissolved in order to be assured of fair elections," the Sultan told reporters outside parliament.

Parliament speaker Jassem al-Khorafi said he had not been informed about a dissolution of parliament.

If it is confirmed that Sheikh Sabah al-Ahmad al-Sabah, the emir of Kuwait, has accepted the resignations, he may then also dissolve parliament before setting a date for new elections.

Several opposition MPs welcomed the resignation.

"I hope that the emir will please the Kuwaiti people by dissolving parliament ... and forming a transitional cabinet to supervise the elections," opposition MP Falah al-Sawwagh told reporters.

Multiple resignations

The announcement of the resignations came after the emir chaired an emergency meeting of the cabinet headed by the prime minister to discuss the political crisis.

Sheikh Nasser, 71, had been due to be questioned in parliament by three opposition MPs on allegations of fraud, including charges that he transferred public funds into his overseas accounts.

The government has denied the charges.

The move also came ahead of a planned mass rally later on Monday by the opposition to press demands for the premier's ousting.

Sheikh Nasser, a nephew of the emir, was appointed to the post in February 2006 and has since now resigned seven times because of political turmoil.

Parliament has been dissolved three times over the same period.

Unprecedented probe

The public prosecutor in September launched an unprecedented probe into the bank accounts of around 15 pro-government MPs who were accused of accepting bribes totalling $350m.

Opposition MPs have claimed the deposits were bribes by the government to win votes on crucial issues.

Some of the concerned MPs have denied any wrongdoing.

Nahaj, an alliance of opposition groups and youth organisations, insisted in a statement that the prime minister be replaced and parliament dissolved.

They also called for opposition detainees to be released. Twenty-four opposition activists are serving a three-week detention pending trial after parliament was stormed on November 16.

Kuwait, which sits on about 10 percent of global crude oil, has amassed more than $300 billion in surpluses over the past decade, but projects and development have been stalled by political wrangling.

Al Jazeera English

[Sabrina]

http://www.huffingtonpost.com/2012/02/24/albert-stanley-halliburton-kbr-bribery-sentence_n_1299760.html

Albert Stanley, Former Halliburton Exec, Sentenced In Bribery Scheme

A former top Halliburton executive will serve 2 1/2 years in prison after pleading guilty in Houston federal court to orchestrating a $180 million bribery scheme to secure $6 billion in natural gas deals in Nigeria, the Justice Department announced Thursday.

Albert "Jack" Stanley is the former CEO of KBR, a Halliburton subsidiary at the time of the bribes; he was tapped to run the company in 1998 by future Vice President Dick Cheney, who ran Halliburton between 1996 and 2000. Cheney was not charged in the case.

KBR, spun off by Halliburton in the wake of the scandal, called the scheme an "unfortunate chapter" in its "rich and storied history" after pleading guilty to corporate criminal charges in 2009.

The investigation of the bribes crossed four continents over 10 years and involved five companies in Europe, the U.S., Japan and Nigeria. Criminal and civil penalties in the case have yielded more than $1.7 billion in fines, forfeitures and other sanctions.

"This case shows the importance the department places on putting an end to foreign bribery," Mythili Raman, a prosecutor with the Justice Department's criminal division, said in the Feb. 23 announcement.

Stanley, 69, who also pleaded guilty to mail and wire fraud in a separate kickback scheme, agreed to pay $10.8 million in addition to incarceration. He faced a maximum of seven years in prison, but prosecutors said the lighter sentence was merited by his "substantial cooperation" in the investigation. Stanley had pleaded guilty in September 2008, but his sentencing was delayed 16 times, according to Reuters.

Two co-conspirators in the bribery scheme -- Jeffrey Tesler, 63, a British lawyer, and Wojciech J. Chodan, a salesman for KBR's British subsidiary -- were also sentenced Thursday.

[Pete]

from David Wilcock's latest update

← U.S. Agencies See No Move by Iran to Build a Bomb2012 The Prophecies from The Heart – an explanation of Global Warming →
David Wilcock Update – February 24, 2012 Wow!!
Posted on February 25, 2012
UPDATE FRIDAY 2/24 — YOU CAN DO YOUR PART!

I’m here in Hawaii and am about to start a 16-hour CONVERGENCE lecture weekend — my most ambitious ever, with 1175 slides in total, meaning I have to do 73 slides an hour to stay on schedule. I’m very excited about it — there is a lot to talk about!

The Internet is exploding with lists of major financial industry CEOs who are resigning, mostly just within the last month. The silence from the mainstream media about this is deafening.

I have heard there are 10 different cases in the US, on a very high level, and they’ve already fled to Brazil and Paraguay. These are NOT in the lists circulating on the internet — at least not yet.

This only adds further evidence to support the idea that “Something Big Is About to Happen” — namely the mass arrests of so many conspirators.

[Kimberley]

Another way to look at this is; The evidence has been produced to show that these people have no further right to remain in position and they can either remain in post and be arrested or they can take their ill gotten gains and be left alone. The PTW, say yeah move on, we'll put our next man in they've got nothing on him. However, We are examining this from a 3D perspective, We do not have a full understanding of what constitutes allowable evidence, In the higher realms of conciousness there are likely to be other technologies similar to our own forensic science (finger prints) that constitutes a recognised and legally binding science that can prosecute wrong doers without our normal understanding of evidence or proof.

I think the chance of the next patsy being put in place is highly likely but I believe that this will be of no surprise to those forcing the issue.

Again this all comes down to your personal choice of outcome. believe what makes you most comfortable, I know which time line I prefer.


Absolutely agree about the time line choice Pete. I believe we are very powerful on this front and the collective desire for change and an end to corruption will push this all forward energetically (for those that want this). Once the veils have fallen from the eyes, very hard to keep putting them back. There's a choice as to whether to live in the reality of the old controllers seizing the reins again or not. Or them repeating the same old patterns. They might not be able to make that stick.


And lets remember we have off planet help. Which I appreciate more than words can say!!! WHoo Hoo we are victorious!!!
Much love to us all always in all ways!! :luv:

I am thrilled to be here NOW on planet earth at the incredible time of evolution!
I KNOW we are protected and that all is playing out in divine order and that we are moving quickly out of the lower vibrating cycle of the past 24,000 years into a higher vibrating cycle. It is a done deal!! Thank you one and all for your part in making this happen much much easier and lighter than was imagined.
I also keep trying to remind us to keep our/your eyes on the prize...keep your focus on that is wonderful and working well in the world. And be grateful for all that is falling away that no longer serves us.

Much love to us all!!!

Rob Brezsny Reading From His Book PRONOIA Is the Antidote for Paranoia.
Less than 7 minutes

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For More Info On Rob's Work Plz Visit http://freewillastrology.com/

[crosby]

not sure if this is posted here, but i just found this article:

http://economictimes.indiatimes.com/news/international-business/berkshire-hathaway-selects-warren-buffett-successor/articleshow/12050303.cms

great thread Sabrina.
regards, corson

[TargeT]

This only adds further evidence to support the idea that “Something Big Is About to Happen” — namely the mass arrests of so many conspirators.

what arrests?




And lets remember we have off planet help........



I am thrilled to be here NOW on planet earth at the incredible time of evolution!


Really? evolution?

so are we evolving or do we have "off planet" help, or is it both?

[Kimberley]

Target... Yes I say we are both evolving and we have "off planet" help :-)

I recommend you viewing the video I posted on post #129 if you have not already...

And here is another:

Abundance: The Future Is Better Than You Think Peter H. Diamandis & Steven Kotler

Less than 9 minutes

IyXik42ASAg

Some of the facts in the book:

The number of people living in absolute poverty has dropped by more than half since the 1950s. At the current rate of decline, it would hit zero around 2035.

A Masai warrior with a smartphone on Google has access to more information than the President of the United States did just 15 years ago.

Groceries today cost 13 times less than 150 years ago, according to a study from The Grocer magazine.

Solar cell production capacity is growing at 30 percent per year. Meanwhile, the price of solar cells is falling at 6 percent per annum. At this rate, America is less than 20 years away from meeting 100 percent of its energy needs with solar.

[TargeT]

yes, technology is advancing quickly and suppression methods do not work when information flows freely.

however I see very little emotional growth, I see a lot of "feelings" and a lot of ego based statements, I do not see much real growth (with exception of course, I've been rather shocked by a few poeple that I considered "useless air filters" so I do think a change is comming or here)

Off planet help? no I don't think so.. evolution? no I don't thinkso either; I see a control structure breaking down (though not in a measurable way, more that the tricks used on us no longer work as we have become more AWARE as well as more concious... we seem to be moving out of a haze and into a focused time).

WE are doing this our selfs, not some ET/ED influence, not some "mass arrests" or anything else.

ACTUALLY I'd say "the control structure" (TPTB / TPTW) is moving forward exactly as it had planned & is even further along its route to a NWO than before; so its not (that I can see) some white dragon external force (what ever you choose to day dream about) doing anything... we are comming into our own authority and power perhaps by a progressing movement via some larger cyclic completion (26,000 year cycle etc)

I can't say exactly what is happening (and I won't make up **** either).

[Sabrina]

Another shock resignation and hastily convened press conference they say.

http://news.ninemsn.com.au/national/8426388/labor-powerbroker-mark-arbib-resigns

Australia
Labor powerbroker Mark Arbib has resigned as both a minister and a senator.

Senator Arbib, one of the so-called faceless men who helped topple Kevin Rudd from the Labor leadership in June 2010, announced in a dramatic press conference shortly after 4pm AEDT that he was stepping aside to give the Labor party "a chance to heal".

"We've come to the end of a difficult chapter in the party's history," the NSW senator said, adding that his resignation was "the right call for the party".

He also cited the difficulties balancing his professional and family life.

"The personal toll on family is great," he said at a press conference at 4.10pm this afternoon.

"It's a seven day a week job — there's time away from your kids, time away from your spouse."

First elected to the upper house in 2007, Senator Arbib was seen as a major player in the downfall of Kevin Rudd in 2010.

A key powerbroker of the NSW Right faction, he played a pivotal role in seeing Julia Gillard become prime minister.

Senator Arbib called accusations he was a faceless man "ridiculous".

[Sabrina]

Large companies have got the resignation bug as well:


http://af.reuters.com/article/energyOilNews/idAFL4E8DR5AV20120227


Malaysia's Petronas resigns from big Indonesia's East Natuna
Mon Feb 27, 2012 8:21am GMT Print | Single Page [-] Text [+]
JAKARTA Feb 27 (Reuters) - Malaysia's state oil and gas company Petronas has resigned from a consortium exploring Indonesia's East Natuna gas project, Asia's biggest untapped gas reserve, Indonesia's state oil and gas company Pertamina said on Monday.

"We received confirmation from our upstream director Muhammad Husen that Petronas has backed down as our partner in East Natuna," Pertamina spokeswoman Wianda Pusponegoro said to Reuters on Monday.

Pusponegoro declined to give further details or a reason for the resignation and there was no immediate comment from Petronas.

In December 2010, Pertamina signed agreements with Exxon Mobil, Total and Petronas as partners to develop the Natuna gas field.

The project is expected to cost Pertamina and its partners between $20 billion to $40 billion, depending on the gas delivery and production methods.

East Natuna has approximately 46 trillion cubic feet of gas reserves and contains 71 percent carbon dioxide. It is considered the biggest untapped gas reserve in Asia.

[Sabrina]

Now this is an interesting one:

http://www.zcc.org.uk/site/node/265
From the Zionist Central Council of Greater Manchester (UK)

Petition to ask Prime Minister Cameron to reconsider his resignation as a Patron of the JNF

29 February 2012
The ZCC in conjunction with the Zionist Federation has posted a petition calling for Prime Minister Cameron to reconsider his resignation as a Patron of the JNF.

Could you please follow the link below and add your name to it? In addition, could you please forward the link to as many people as you can in order that we may gather as many signatures as possible?

http://www.PetitionOnline.com

[Sabrina]

As many know, posted by Benjamin Fulford today. Don't think it's going to come up in the newspaper reviews either side of the pond tho' do you?

As predicted, the collapse of the Satan worshipping financial mafia is accelerating. U.S. Treasury Secretary Timothy Geithner was detained for questioning by New York police on February 24th and was released after giving evidence about many high level financial criminals, according to New York police sources. “In most cases we have to slap people to get them to talk but in his case we had to slap him to shut him up,” one of the interrogators joked. Geithner has been released but is accompanied at all times by an armed deputy to make sure he does not leave the country. Former Prime Minister Silvio Berlusconi of Italy is also proving to be very talkative, sources in Europe say. Berlusconi has been released. Meanwhile, meetings between White Dragon Society representatives and South Korean government officials last week in Seoul were very productive

[Sabrina]

http://wakeup-world.com/2012/02/23/february-fever-why-are-major-bank-executives-resigning-left-and-right/


23rd February 2012

By Madison Ruppert

Contributing Writer for Wake Up World

This month has seen a rash of top level resignations across some of the most major banking institutions across the globe.

There has also been news of potential upcoming resignations which could have a considerable impact as well, not the least of which is the potential resignation of Lloyd Blankfein, chief executive officer (CEO) of Goldman Sachs.

According to Fortune, this could occur as early as this summer, although this is still merely a possibility and far from set in stone.

However, there are many very real and quite perplexing instances of bank heads quitting across major institutions like the World Bank, the Nicaraguan Central Bank, Kuwait’s Central Bank, two of Slovenia’s biggest banks and more.




It appears this trend began some time early this month, perhaps with the resign of Amitabh Chaturvedi, the CEO of Dhanlaxmi Bank Ltd on February 6.

This was supposedly due to Chaturvedi having “serious differences with the board regarding the strategies of the bank. He had different views on several issues. It was coming,” an anonymous bank official told Mint.

Chaturvedi’s resignation was just the beginning. On February 10, Business Standard reported that A K Jagannathan, the managing director and chief executive of Tamilnad Mercantile Bank resigned, citing personal reasons.

Then, on February 13, the Washington Post reported via the official Kuwait News Agency that Sheik Salem Abdulaziz Al Sabah, a member of the Kuwaiti royal family, resigned after 25 years heading up the nation’s central bank.

While the brief announcement gave no immediate reason for the move, internal speculation surrounds his opposition to increased domestic spending, including wage increases.

Just the next day, the head of the Nicaraguan Central Bank, Bloomberg reported that Antenor Rosales quit, apparently over disagreements with Nicaraguan President Daniel Ortega, however an official statement claimed that the resignation was “normal government procedure” and not the result of a disagreement.

The following day brought reports of the CEOs of Slovenia’s two largest banks stepping down along with the planned resignation of World Bank President Robert Zoellick, who will leave the bank on June 30.

Then the next day, February 16, the chief financial officer of Australia and New Zealand Banking Group Ltd (ANZ Bank) resigned after 15 years as the bank’s CFO. Also on that day, it was announced that Andrew Check would lead the Royal Bank of Scotland’s Australian arm after Stephen Williams resigns in the next three to six months.

On the February 17 the news broke of Blankfein’s possible future resignation along with Bloomberg reporting that Credit Suisse Group AG’s private bank in Signapore’s chief Asian economist, Joseph Tan, resigned.

On February 18 the British Daily Mail reported that Germany’s president, Christian Wulff, resigned over a scandal involving an attempt to gag a press investigation into political favors and possible bribes. While this obviously isn’t a bank executive, it is noteworthy nonetheless as it is still part of the trend of prominent individuals resigning, quitting and otherwise stepping down from their position of power.

The reasons behind this trend are unknown as of yet and indeed they could not be connected in any way, yet I think that is highly doubtful. I am not yet prepared to speculate as to why this is happening with such frequency right now, however I will say that I hope it is due to some serious changes being made in the financial system – hopefully for the good of us all.

About the Author

Madison Ruppert is the Editor and Owner-Operator of the alternative news and analysis database End The Lie and has no affiliation with any NGO, political party, economic school, or other organization/cause. He is available for podcast and radio interviews. If you have questions, comments, or corrections feel free to contact him at admin@EndtheLie.com

[Sabrina]

http://revolutionradio.org/?p=26297


81 RESIGNATIONS FROM WORLD BANKS…(Rats Leaving The Ship!)
Tuesday, February 28, 2012
By Paul Martin
AmericanKabuki.blogspot.com
MONDAY, FEBRUARY 27, 2012

(Just in Feb 2012!…)

(26) 2/01/12 (SOUTH AFRICA) ABSA falls as deputy CEO steps down [UK Barclay's Bank Controlledl

http://m.news24.com/fin24/Companies/Financial-Services/Absa-falls-as-deputy-CEO-steps-down-20120201

(27) 2/01/12 (UNITED KINGDOM) Truett Tate - Lloyds Bankging Group head of wholesale quits

http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/

(28) 2/01/12 (UNITED KINGDOM) Tim TOokey - Llyods Banking Group leaving end of February having served as interim group chief executive in addition to group finance director

http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/

"Mr Tookey, who has been with the group since 2006, will leave at the end of February after preparing the bank’s accounts for 2011. He will not get a pay-off."

http://www.heraldscotland.com/mobile/business/company-news/warning-as-last-scot-leaves-lloyds-board-lloyds-could-lack-scottish-voice.15150830?_=20e772c9486b6372433ff2b886a31e9fca7eeb2a

(29) 2/02/12 (VENEZUELA) Key Chavez Minister Resigns Amid Banking Corruption Fallout

http://www.laht.com/article.asp?CategoryId=10717&ArticleId=348565

(30) 2/05/12 (USA - NY) Two Top Morgan Stanley Bankers Resign

http://www.stockbroker-fraud.com/lawyer-attorney-1133774.html

(31) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

(32) 2/7/12 (USA) Bank Of America's Mortgage Business Chief Resigns

http://www.mortgageorb.com/e107_plugins/content/content.php?content.10881

(33) 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

(34) 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

(35) 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

(36) 2/10/12 (KOREA) Korea Exchange Bank chief steps down

http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML

(37) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns

http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

(38) 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

(39) 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

(40) 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

(41) 2/14/12 (UKRAINE) The National Bank of Ukraine issued a short statement on Thursday announcing the resignation of deputy governor Volodymyr Krotiuk.

http://webcache.googleusercontent.com/search?q=cache:63Yjqc2bApkJ:www.centralbanking.com/central-banking/news/2145127/ukraine-deputy-governor-resigns%3FWT.rss_f%3DHome%26WT.rss_a%3DUkraine%2520deputy%2520governor%2520resigns+ukraine+deputy+go vernor+resigns&hl=en&gl=us&strip=1

(42) 2/15/12 (WORLD) 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

(43) 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

(44) 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

(45) 2/16/12 (UNITED KINGDOM) The Financial Services Authority’s (FSA’s) interim managing director, Conduct Business Unit, Margaret Cole, is to step down later this year.
FSA is the regulator of all providers of financial services in the UK; Bank of England retains
responsibility for systemic risk.

http://www.bankingtimes.co.uk/2012/02/16/fsas-cole-to-step-down/

(46) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group

http://business.thinkghana.com/pages/finance/201202/57429.php

(47) 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

(48) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns

http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill

(49) 2/16/12 (UNITED KINGDOM) Royal Bank of Scotland Bankers Arrested

http://www.telegraph.co.uk/finance/financial-crime/9086930/Senior-bankers-caught-up-in-film-investment-tax-probe.html

(50) 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

(51) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer

http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/

(52) 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass To Leave Central Bank

http://online.wsj.com/article/BT-CO-20120217-710604.html

(53) 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

(54) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down

http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711

(55) 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

(56) 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd. : Mr. Zvi Itskovitch Announces his Decision to Redesign From Bank Leumi

http://www.4-traders.com/BANK-LEUMI-LE-ISRAEL-LTD-6491695/news/BANK-LEUMI-LE-ISRAEL-LTD-Mr-Zvi-Itskovitch-Announces-his-Decision-to-Redesign-From-Bank-Leumi-14031540/

(57) 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25695731

(58) 2/20/12 (USA WA) First Financial Northwest Director Quits in Candy Austerity Push[shades of the movie The Caine Mutiny?] First Financial Northwest Inc., a Renton, Washington-based lender, said director Spencer Schneider resigned after asking the bank to remove pictures of past directors and serve only hard candies at annual meetings.Schneider made the requests at a Feb. 15 board meeting as “symbols of austerity,” and also asked that the bank suspend serving refreshments at the annual shareholders’ meeting, offering just hard candies instead, he said. Schneider, general counsel for shareholder Joseph Stilwell, resigned immediately when the company asked that his requests be placed on the agenda for a board meeting next month, the bank said yesterday.

http://www.businessweek.com/news/2012-02-20/first-financial-northwest-director-quits-in-candy-austerity-push.html

(59) 2/21/12 (ARGENTINA) The general manager of the Central Bank of Argentina (BCRA), Benigno Velez, resigned his position today.

http://m24digital.com/en/2012/02/21/the-general-manager-of-the-bcra-benigno-velez-resigned-today/

(60) 2/21/12 (BANGLADESH) Five bank, insurance directors resign

http://www.thefinancialexpress-bd.com/more.php?news_id=120917&date=2012-02-21

(61) 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.

http://www.bloomberg.com/news/2012-02-21/citigroup-stakes-u-s-mutuals-efsf-bond-program-compliance.html

(62) 2/22/12 (USA) Wietschner, Goldman Hedge Fund Advisory Chief, Retires

https://www.finalternatives.com/node/19689

(63) 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank

http://mobile.bloomberg.com/news/2012-02-23/standard-bank-says-merrill-lynch-hires-investment-banker-gush

(64) 2/23/12 (SCOTLAND) Royal Bank of Scotland Group has announced that John McFarlane will step down as a Non-executive Director on 31 March 2012, as a regulatory condition of his impending appointment at Aviva.

(65) 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns, may start up law firm

http://www.legallyindia.com/201202242600/In-house-counsel/breaking-icici-bank-gc-pramod-rao-resigns-may-start-up-law-firm

(66) 2/24/12 (HONG KONG) Citigroup Private Bank’s Co-Head of Global Real Estate Resigns
Feb. 24 (Bloomberg) — Kwang Meng Quek, co-head of the global real estate group at Citigroup Inc.’s private banking unit, resigned.

http://www.businessweek.com/news/2012-02-24/citigroup-private-bank-s-co-head-of-global-real-estate-resigns.html

(67) 2/24/12 (NEW ZEALAND) FSF Executive Director resigns
After two years leading the Financial Services Federation (“FSF”) executive director, Kirk Hope has resigned to take up the role of chief executive of the New Zealand Bankers? Association.

http://www.voxy.co.nz/business/fsf-executive-director-resigns/5/115797

(68) 2/24/12 (USA) Evercore’s Mestre steps down as U.S. banking head
(Reuters) – Eduardo Mestre has stepped down as day-to-day head of Evercore Partners Inc’s U.S. investment banking business, the New York-based company said in a regulatory filing

(69) 2/25/12 (AUSTRALIA AND NEW ZEALAND) Goldman Sachs: Fitz quits
Stephen Fitzgerald has resigned as Australia and New Zealand chairman and advisory director at Goldman Sachs, after 20 years with the bank. His departure comes less than a year after Goldman took full control of its Australian joint venture, formerly known as Goldman Sachs JBWere.

http://www.ifrasia.com/goldman-sachs-fitz-quits/21001856.article

(70) 2/27/12 (GERMANY) Deutsche Bank Americas chief steps down

http://www.cbsnews.com/8301-505245_162-57385821/deutsche-bank-americas-chief-steps-down/

(71) 2/27/12 (BAHRAIN) Ebrahim Ebrahim quits as CEO of Khaleeji Commercial Bank

http://www.cpifinancial.net/news/post/12845/ebrahim-ebrahim-quits-as-ceo-of-khaleeji-commercial-bank

(72) 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down

http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/

(73) 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns

http://twentyfoursevennews.com/banking-finance/elaf-bank-ceo-dr-el-jaroudi-resigns/

(74) 2/27/12 (JAPAN) Nomura’s Head Of Wholesale Banking Quits

http://atomiclotusbox.wordpress.com/2012/02/27/nomuras-head-of-wholesale-banking-quits/

(75) 2/27/12 (INDIA) Falguni Nayar Quits Kotak Mahindra Bank

http://atomiclotusbox.wordpress.com/2012/02/27/falguni-nayar-quits-kotak-mahindra-bank/

(76) 2/27/12 (GERMANY) Equiduct chairman steps down

http://www.efinancialnews.com/story/2012-02-27/equiduct-chairman-steps-down?mod=sectionheadlines-home-TT

(77) 2/27/12 (BAHRAIN) Al Zain steps down as Mumtalakat Holding CEO
The board of directors of Bahrain Mumtalakat Holding Company (Mumtalakat),Bahrain’s Sovereign Wealth Fund, has accepted the resignation of the Chief Executive Officer, Talal Al Zain, following the completion of a four year term as head of the investment arm for non-oil and gas assets of the Kingdom of Bahrain.

http://twentyfoursevennews.com/bahrain-news/al-zain-steps-down-as-mumtalakat-holding-ceo/

(78) 2/27/12 (IRAN) Iran’s Bank Melli CEO Resigns Over Loan Scam

http://atomiclotusbox.wordpress.com/2012/02/27/irans-bank-melli-ceo-resigns-over-loan-scam/

(79) 2/27/12 (INDIA/KASHMIR) AJK Bank’s Executive Steps Down

http://www.monitorkashmir.com/content/ajk-bank-s-executive-steps-down?destination=node%3Ftimeframe%3Dall%26filter%3Dall

(80) 2/27/12 (UNITED KINGDOM) Moreno to step down at Lloyds Banking Group
Lloyds Banking Group has announced that Glen Moreno, its senior independent director, intends not to seek re-election at the bank’s annual general meeting on 17th May, and will retire from the board on that date.

http://www.bankingtimes.co.uk/2012/02/27/moreno-to-step-down-at-lloyds/

(81) 2/28/12 (HONG KONG) Leung `to enjoy life’ as she calls it quits

http://www.thestandard.com.hk/news_detail.asp?we_cat=11&art_id=120161&sid=35559525&con_type=1&d_str=20120228&fc=1

The Rest…HERE

[TargeT]

Rats jumping ship indeed...

I still see this as a sign of bad things to come, else there would at least be remorseful reasons for stepping down, not the "to enjoy life" etc that we are seeing here...

This looks even more like a setup for the global crash, especially with the DOW hitting 13000 pts for no real reason....

I'm just waiting for the "new financial system" to be fully announced instead of just hinted at

[Sabrina]

This wouldn't have been on the cards this time last year... It won't die down for the News Int. empire.

http://www.telegraph.co.uk/news/uknews/phone-hacking/9113633/This-is-News-Corps-version-of-firing-James-Murdoch.html

JAMES MURDOCH RESIGNS
This is News Corp's version of firing James Murdoch
The writing has been on the wall for James Murdoch ever since the phone hacking scandal came to a head last summer.

It was lit up in all its technicolour glory last week when his father, Rupert Murdoch, visited London to oversee the launch of the Sun on Sunday.
Mr Murdoch senior made the trip because he wanted to inject confidence into the beleaguered newspaper business and reassure staff who felt let down after the Management Standards Committee effectively ‘shopped’ Sun staff to the police.
But he also knew his son had reached the end of the road at News International: If James Murdoch remained as chairman on the publisher of The Times, the Sun and, before the hacking scandal erupted, the News of the World, he would cause lasting and irreversible damage to it, and it would cause lasting and irreversible damage to him.
Instead, Mr Murdoch senior has moved James across to run News Corp’s international television business, capitalising on his experience running the Asian pay-TV business Star TV, BSkyB and News Corp’s various Sky broadcasters in Europe.
This is a sector James has genuinely excelled in, that allows him to showcase his natural flair for technology, and which remains the future of News Corporation. If he has a cat-in-hell’s chance of making a comeback after his fall from grace, it is this.
RELATED ARTICLES
James Murdoch resigns from NI as firm admits papers could be sold off 29 Feb 2012
James Murdoch resigns as News International chairman 29 Feb 2012
News Corp statement in full: James Murdoch resigns 29 Feb 2012
James Murdoch: college drop-out to media prince 29 Feb 2012
James Murdoch in pictures 29 Feb 2012
But for once this move is not all about securing the future of a Murdoch succession. It also increases News International’s chance of survival, potentially priming it for a sale.
Few staff remaining at the newspaper business have much faith left in, or loyalty to, Mr Murdoch junior and the news organisation known for its swagger was in danger of losing it altogether.
Laura Martin, an analyst at Needham who has historically championed James Murdoch, told The Daily Telegraph: “This is the right thing to happen for the UK [business]. The unfolding details of James’ involvement in the phone hacking scandal have made his position untenable.
“He can stay on the News Corp board as long as his father is active in the business, but there have been too many questions raised for him ever to be chief executive of the News Corp empire, or to run any public company in America.”
Auctioning News International off would also help News Corp to rebuild its battered value, without the drag of the newspapers on the wider business.
Chase Carey, chief operating officer, and News Corp’s new heir apparent, acknowledged yesterday, that “there certainly is an awareness” that News Corp would trade at higher multiples if it didn’t own newspapers.
Crucially, however, James Murdoch’s severed ties with News International will also help News Corp build its case against potential accusations that it did not do enough to root out the phonehacking after the alarm was raised.
Investigations on both sides of the Atlantic have focused sharply on whether James Murdoch knew about the phone hacking and turned a blind eye, or whether – as he claims – he was kept in the dark and did not investigate thoroughly.
Any charge of wilful blindness would have extremely serious repercussions for Mr Murdoch, potentially landing him in jail if he is found guilty under America’s Foreign and Corrupt Practices Act.
However, the impact on News Corp would also be severe. The company has already counted more than $200m in costs related to the phone hacking, but this figure could easily be multiplied by a factor of 10 if it is found guilty under FCPA, and even more taking into account the hammer blow such a ruling would deliver to News Corp’s worldwide reputation.
As Ms Martin notes, even the Murdoch name cannot shield James entirely.
“Chase Carey [chief operating officer] said News Corporation is trying to ‘make things right’,” she said. “They’ve fired people, they’ve had people arrested by turning them over to the police. This is their version of firing James.”

[Sabrina]

Ireland may play a key role in the future of the EU. S.


http://www.rte.ie/news/2012/0301/ocuive.html

Members of the Fianna Fáil parliamentary party met last night in Dublin following the resignation of Éamon Ó Cuív as deputy leader.

Members of the Fianna Fáil parliamentary party met last night in Dublin following the resignation of Éamon Ó Cuív as deputy leader and spokesperson on Communications, Energy and Natural Resources.
The Galway West TD said he agreed to resign because of a fundamental policy difference between him and the party on the European Union Fiscal Stability Treaty.
Speaking after the meeting, Limerick City TD Willie O'Dea said the party was united on the issue of the referendum on the Treaty.
Mr O'Dea also said he believed Éamon Ó Cuív would only be "temporarily" off the party's front bench.
Mr Ó Cuív is also understood to have withdrawn his name from consideration for the position as Vice-President of the party, which is to be decided at the party's Ard Fheis this weekend.

[Sabrina]

ASX Release
1 March 2012
RESIGNATION OF MANAGING DIRECTOR
Papillon Resources Limited (“Papillon” or “the Company”) advises that Alan Campbell has tendered his resignation as Managing Director of the Company.
Mr Campbell has been with the Company since 2009 and has been instrumental in its growth and development. He will leave the Company on 29th of May 2012 and the Board wishes him well in his future endeavours.
The Company will commence a search for a new Chief Executive Officer or Managing Director immediately. For further information contact:
Ian Middlemas
Chairman

(Perth based, listed on Australian stock exchange, gold assets in Mali, W Africa)

[Sabrina]

Rothschild’s Attara to liquidate operations
10:35pm 29 February 2012 Financial Times
The hedge fund founded by Nat Rothschild is shutting as a result of adverse trading conditions and difficulty raising money from investors

[Sabrina]

http://www.actuaries.org.uk/news/aggregator?page=1
Morgan Stanley’s Trading Chiefs for Latin America Said to Depart
09:37pm 29 February 2012 Business Week
Morgan Stanley’s top trading executives for Latin America, Marcio Rochwerger and Igor Mansour, left the company last month after being bought out, two people familiar with the matter said.

¤=[Post Update]=¤

Not resignations - but a shot across their bows...

Goldman Joins Wells Fargo Disclosing Threat of SEC Enforcement
08:37pm 29 February 2012 Business Week
Goldman Sachs Group Inc., Wells Fargo & Co. and JPMorgan Chase & Co. are among banks warned by federal regulators that they may face civil claims tied to sales of mortgage-backed securities.

[Sabrina]

Will include link when get it, forwarded from friend in Australia:

Story reposted from heraldsun.com.au - Australia

FEDERAL authorities are seeking to build insider trading cases against roughly
120 individuals on and off Wall Street in an expanding criminal insider trading
investigation that has shaken the financial and corporate worlds.

The disclosure - the first time authorities have quantified the number of people
under scrutiny - comes on the heels of a string of successful prosecutions of
insider trading.
Since late 2009, prosecutors have charged 66 individuals at hedge funds and
other companies with insider trading and won 57 convictions or guilty pleas.
"We've identified them, and now of course we have to build a case around that,"
David Chaves, a senior FBI agent, said Monday in an interview following a
presentation to reporters at FBI headquarters in Manhattan.
During the presentation, just blocks from Wall Street, the FBI unveiled a
one-minute public service announcement against insider trading featuring actor
Michael Douglas, whose fictional character Gordon Gekko in the 1987 movie "Wall
Street" popularized the line: "Greed, for lack of a better word, is good."
The government currently is investigating whether roughly 240 individuals,
including hedge-fund traders and company insiders, improperly shared insider
information, said Chaves.
Roughly half of those, or 120, are "targets," meaning the government believes
they have violated insider-trading laws and is actively building cases against
them, according to Chaves, who oversees one of two white-collar crime squads
handling the New York-based insider trading investigations.
The rest are what the FBI calls "subjects," meaning investigators believe they
could have committed crimes and have approached them or could do so to build
cases.
The large number of "targets" of the investigation - dubbed "Perfect Hedge" by
FBI agents - illustrates that the insider trading probe is broader and deeper
than previously believed and potentially the most expansive of its kind in
modern history.
In the major 1980s insider trading cases, "generally the number of people in a
particular ring, you could count on both hands," said Barry Goldsmith, a lawyer
who back then was a chief litigation counsel in the SEC's enforcement division.
The current rings are much broader, involving bankers, analysts, corporate
insiders, consultants and traders, he said.
Monday's disclosure indicates that arrests could move into new firms on Wall
Street and US corporations, and could continue for several more years.
In the past year, the government has won a number of insider trading
convictions, using wiretaps and other investigative methods once confined to
terrorist and drug cases.

[Sabrina]

http://americankabuki.blogspot.com/2012/02/updated-22912-thanks-kauilapele-for.html

109 RESIGNATIONS FROM WORLD BANKS 3/1/12
UPDATED 3/01/12
Removed duplicate entry for Nomura, added 2 more resignations. Updated links to Sri Lanka and Ukraine to better web sites (thanks to Rockingjude for links). Changed text URLs to be active URLs. Fixed year on dates before January (thanks Angie! arrghh dyslexia strikes again! keeps me humble)


UPDATED 2/29/12

Note: I have extensively edited this list, re-verified links, shortened URLs to make this list more readable. Its grown very rapidly over the past week and was getting unwieldy in its prior form. In some cases certain middle eastern bankers and European private bankers have managed to have their names removed from smaller blogs and news sites so I have updated those cases to larger news organizations less likely to bow to pressure. At the time of this posting all URLs listed work, I do not guarantee they always will. I have also added missing names (in bold) and those URLSs where more than one person was resigning I expanded the item to have one line each, since everyone who copies this to their blogs (wow did this spread far and wide!) views each instance as one banker resigning I thought I'd make this listing more reflect that viewpoint. I do not know under what circumstances these individuals have left their positions, I make no judgement on that. I just find the timing of so many resignations extremely curious and a bit of temporal marker in history of very high significance. No one should assume I make any judgement about the character of these people. I frankly don't know their reputations except for a few rather famous ones. I don't mind if you re-blog this listing, information wants to fly free, just do me a favor of including http://americankabuki.blogspot.com and this header when you do so. Save yourself the wear and tear on your karma. Thanks Kauilapele for the heads up on the broken links.


109 RESIGNATIONS FROM WORLD BANKS:


9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
http://cli.gs/x80u7sk
09/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
http://cli.gs/le7qon2
9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
http://cli.gs/rn0tgj
9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
http://cli.gs/9wpeq0q
10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
http://cli.gs/b14tv6l
10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
http://cli.gs/b14tv6l
11/01/11 (INDIA) More directors of the Beed district bank resign
http://cli.gs/67gb6d
11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
http://cli.gs/xg4snc1
11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
http://cli.gs/gdm988q
12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]
http://cli.gs/icg7w7
12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB
http://cli.gs/n9mabhs
12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB
http://cli.gs/n9mabhs
12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNB
http://cli.gs/n9mabhs
12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNB
http://cli.gs/n9mabhs
1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
http://cli.gs/1el9169
1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years
http://cli.gs/6unkmlf
1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
http://cli.gs/wwcyl71
1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
http://cli.gs/guoevyf
1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
http://cli.gs/x53cg1d
1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
http://cli.gs/m9vec4y
1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
http://cli.gs/s17bvj
1/19/12 (SPAIN) Spanish bank Santander's Americas chief Francisco Luzon quits
http://cli.gs/5greru
1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
http://cli.gs/5b79fbd
1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits
http://cli.gs/x3hhykp
1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits http://cli.gs/iq071x
1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
http://cli.gs/iq071x
1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
http://cli.gs/11fnco2
2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
http://cli.gs/ilk3bw0
2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
http://cli.gs/6brhb0
2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
http://cli.gs/vodr08j
2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
http://cli.gs/6p4qud9
2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit
http://cli.gs/3ww27st
2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
http://cli.gs/3ww27st
2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
http://cli.gs/0t4ba4
2/7/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires
http://cli.gs/y5spl4b
2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
http://cli.gs/dfnp5ph
2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
http://cli.gs/70dbtnx
2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal (names not known)
http://cli.gs/ttahvxk
2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
http://cli.gs/b672wx
2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
http://cli.gs/vr0sjf
2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
http://cli.gs/c93mgy8
2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
http://cli.gs/wcw6ff
2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
http://cli.gs/q5xaopa
2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
http://cli.gs/r69lqgu
2/15/12 (WORLD) World Bank CEO Zoellick resigns
http://cli.gs/72fyiup
Did the White House tell the World Bank president that he's out?
http://cli.gs/ilii9a1
2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
http://cli.gs/6olxu5w
2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
http://cli.gs/6olxu5w
2/15/12 (KENYA) Govenor of Kenyan Central Bank Njuguna Ndung'u
to Resign
http://cli.gs/bau9sue
2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
http://cli.gs/4nkoven
2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
http://cli.gs/89k57un
2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
http://cli.gs/an8tv23
2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
http://cli.gs/twoigu
2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
http://cli.gs/nnlsmn3
2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
http://cli.gs/nnlsmn3
2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
http://cli.gs/nnlsmn3
2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
http://cli.gs/0d5ess
2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer
http://cli.gs/odkdp4r
2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns http://cli.gs/sa7djft
2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns http://cli.gs/ejjk61c
2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
http://cli.gs/92eda1a
2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
http://cli.gs/xujb5lv
2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
http://cli.gs/hogcc
2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank
http://cli.gs/k8jfru9
2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
http://cli.gs/2bmr72
2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
http://cli.gs/kik1ddd
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
http://cli.gs/a7vvmb2
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
http://cli.gs/a7vvmb2
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
http://cli.gs/a7vvmb2
2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
http://cli.gs/a7vvmb2
2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
http://cli.gs/a7vvmb2
2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
http://cli.gs/uf759ex
2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
http://cli.gs/ikvo80v
2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
http://cli.gs/eq6pqbo
2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns. http://cli.gs/auxu10f
2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
http://cli.gs/ege43r2
2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
http://cli.gs/li9sab1
2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
http://cli.gs/5u9i14e
2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down
http://cli.gs/wnxafp9
2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
http://cli.gs/7totmju
2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
http://cli.gs/5clft6j
2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
http://cli.gs/wgyujp
2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
http://cli.gs/rk0scap
2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
http://cli.gs/52f6qqn
2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
http://cli.gs/kmjfmq
2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
http://cli.gs/rj2jp2b
2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
http://cli.gs/ci9s3fy
2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!
http://cli.gs/iodk071
2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
http://cli.gs/yi5c66
2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
http://cli.gs/n50yxmw
2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
http://cli.gs/wr3rgye
2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
http://cli.gs/exrndtm
2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
http://cli.gs/kkbp2bl
2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits
http://cli.gs/yrklslj
2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.
http://cli.gs/35yjxi0
2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
http://cli.gs/o6b5mo3
2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
http://cli.gs/x2t1wsm
2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
http://cli.gs/9txnhn
2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
http://cli.gs/5d8qhmo
2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
http://cli.gs/t9tts63
2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
http://cli.gs/c86fbl0
2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
http://cli.gs/atner3
2/28/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
http://cli.gs/qk29c6c
2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
http://cli.gs/kmqsson
3/1/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
http://cli.gs/e90q145
3/1/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition.http://cli.gs/3grh2a8
3/1/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
http://cli.gs/53ys871
3/1/12 (USA) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assets http://cli.gs/s8truky
3/1/12 (MALAYSIA) Elaf Bank chief executive Dr Jamil El Jaroudi will leave the bank http://cli.gs/s8xog4
3/2/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
http://cli.gs/cgvpvwf

Posted by American Kabuki at 3:30 AM
Labels: Bank CEO Resigns, Banking Cabal, Banking Mafia, Banksters, Central Banks, Financial Crime, Illuminati, NWO, Prosecution

[super t]

Would like to see figures from 2006-2008 and do a comparison, but it sure looks like a lot of banksters!

[modwiz]

I don't think I saw this one here yet. I apologize for the yahoo link.

Citigroup Chairman Parsons stepping aside: report

(Reuters) - Richard Parsons is stepping down as chairman of Citigroup Inc and is expected to be replaced by Michael O'Neill, the former chief executive of Bank of Hawaii Corp, the Wall Street Journal reported on its website on Friday..........

Board members Alain J.P. Belda, a managing director of investment firm Warburg Pincus LLC, and Timothy C. Collins of Ripplewood Holdings are also expected to leave, according to the report.

Citigroup spokesman Jon Diat did not immediately return requests for comment.

http://finance.yahoo.com/news/citigroup-chairman-parsons-stepping-aside-213241972.html;_ylt=Ai.xz21amfF0vH2LrKm8etiiuYdG;_ylu=X3oDMTQ0MjVlMXRhBG1pdANGaW5hbmNlIEZQIFRvcCBTdG 9yeSBSaWdodARwa2cDYjFmNGRiM2MtODIzNi0zMDQ4LWJiYTgtYjM2OTQ2YTE4YWM1BHBvcwMyBHNlYwN0b3Bfc3RvcnkEdmVyA2 E1NDRjNzkwLTY0YjItMTFlMS05NGZiLTQwMDFiNTczZmRhYw--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ ylv=3

[TargeT]

(Reuters) - Richard Parsons is stepping down as chairman of Citigroup Inc and is expected to be replaced by Michael O'Neill, the former chief executive of Bank of Hawaii Corp, the Wall Street Journal reported on its website on Friday..........



one goes out and another comes in, I still do not think this is a good thing.. this one example is perfect for illistrating what is happening.

[Sabrina]

Fox News with Judge Napolitana ( also via Bloomberg I believe) - Tim Geithner possibly facing criminal charges in US.

http://www.youtube.com/watch?v=q5j6Yk0qAgQ&feature=player_embedded

[pyriel]

All of these resignations/stepping down could be nothing more then they did they're job and new people are going in to start the next phase, whatever that maybe. Basically the rats leaving a sinking ship so to say.

It could be that the one world currency is in place and ready to go but they just need to work on tearing down the old system.

When they reconstructed cathedrals and probably some other buildings back in the day, they would create a parrallel. once the new one was built, they would take the old one down. So they probably have a new system in place and ready to go. So again, the ones stepping down or resigning are done with they're job and now just bringing in new ones to tear down the old system and be there for a time after the new system goes live..

Who knows tho. From the way things are going, we'll probably find out sometime in the very near future.

Either way, money is a joke.. it's a form of mind control, a believe system and that's all it will every be.

[Cjay]

Fox News with Judge Napolitana ( also via Bloomberg I believe) - Tim Geithner possibly facing criminal charges in US.

http://www.youtube.com/watch?v=q5j6Yk0qAgQ&feature=player_embedded

This is good news... but has anyone seen any MSM news reports or heard of arrests in relation to the 15 Trillion dollar fraud?

[DreamsInDigital]

Cjay,

I'm guessing there is probably still to much censorship control in place for this or the resignations to break most of the MSM networks, because if it did, ultimately it would create panic in the financial sector and it would collapse the GOP like the twin towers on 9-11. Not a good thing when it comes down to it. And, frankly I don't understand why or how anyone trust MSM anymore at all in the first place.

[crested-duck]

Avoid the bank run, if you've got any saveings left, now is the time to take all but $1.oo out to avoid the hassle from bank of totally closeing out account. Get it while you still can or lose out later.

[Sabrina]

Fox News with Judge Napolitana ( also via Bloomberg I believe) - Tim Geithner possibly facing criminal charges in US.

http://www.youtube.com/watch?v=q5j6Yk0qAgQ&feature=player_embedded

This is good news... but has anyone seen any MSM news reports or heard of arrests in relation to the 15 Trillion dollar fraud?

No Cjay exactly - but they know. Was talking to a financial bod in the City of London yesterday and asked him if he'd heard about Sir James of Blackheath in the House of Lords and the US trillion dollar law suite. He smiled and he knew. And they discuss it in those circles, but it's not convenient to let it filter through to those still investing in the scam still! S

[Prodigal Son]

I find it fascinating that Pope Gregory employed the greatest mathematicians in the world at the time in order to come up with a new Calendar that would simultaneously throw our biological clocks off the scent of the greater reality and also co-incide with the end of the Mayan Calendar (and the Kali Yuga of Materialism) at exactly 11:11 am on 12-21-12. Now considering that the occult aspects of today's financial world are coming out into the open, I wonder about the significance of the idea that the Jekyll's Island banksters were desperately trying to get the Fed in place for the winter solstice of 1912 but failed to do so because of what really seems like some sort of "divine intervention". It appears that there is highly significant value to them of having this system in place for 100 years. Perhaps because it was delayed in passing the House and needed the Titanic event to seal it may have saved humanity from something far more sinister.

I was wondering if anyone else here knows something more about this that can shed some light on this 100-year thing.....

[Daozen]

Thanks for these updates Sabrina + everyone. A lot of these are not appearing on the circulating lists. I was thinking of starting a wiki to keep track of these things, but I just don't have the time to start it up. I would help maintain it if anyone got it going.

I have Google News Alerts set to Banker Arrested, CEO Resigns etc. Plus some specifics like Merkel arrested. I get them straight in my inbox! Law of Creation/Belief at work there.



http://timesofindia.indiatimes.com/india/NRHM-scam-CBI-arrests-Kushwaha-BSP-MLA/articleshow/12124936.cms


LUCKNOW: The Central Bureau of Investigation (CBI) arrested Babu Singh Kushwaha, former family welfare minister in Mayawati government, in connection with the multi-crore National Rural Health Mission (NRHM) scam in Delhi on Saturday evening. Kushwaha is a prime accused in the scam and has been earlier questioned by the CBI. Along with Kushwaha, Bahujan Samaj Party (BSP) MLA from Deoria Ram Praksah Jaiswal has also been arrested. Both were arrested immediately after the final phase of polling ended in Uttar Pradesh. With this total number of arrests made so far in the case reached 10.

The scam surfaced after murder of two chief medical officers of the family welfare department in Lucknow,

[TargeT]

Avoid the bank run, if you've got any saveings left, now is the time to take all but $1.oo out to avoid the hassle from bank of totally closeing out account. Get it while you still can or lose out later.

I save my money in stuff, I recently bought a Boar Spear from coldsteel... whats more useful, a stack of colored paper or a 7 foot spear?

http://www.c1k.com/images/cld/95BOASK.jpg

[Operator]

I find it fascinating that Pope Gregory employed the greatest mathematicians in the world at the time in order to come up with a new Calendar that would simultaneously throw our biological clocks off the scent of the greater reality and also co-incide with the end of the Mayan Calendar (and the Kali Yuga of Materialism) at exactly 11:11 am on 12-21-12. Now considering that the occult aspects of today's financial world are coming out into the open, I wonder about the significance of the idea that the Jekyll's Island banksters were desperately trying to get the Fed in place for the winter solstice of 1912 but failed to do so because of what really seems like some sort of "divine intervention". It appears that there is highly significant value to them of having this system in place for 100 years. Perhaps because it was delayed in passing the House and needed the Titanic event to seal it may have saved humanity from something far more sinister.

I was wondering if anyone else here knows something more about this that can shed some light on this 100-year thing.....

I don't know exactly how but I think you're on the trail ...

September has reference to 7, October has reference to 8, November has reference to 9, December has reference to 10 in their respective names.
So 4 months in a row and still we accept them as month numbers 9 to 12. If this is no clear evidence that somebody messed something up ...

I also think that the date of 21 dec. 2012 is not so much important for us but more important for them (TPTB). They are behind schedule and now
have to do more blatant stuff exposing their agenda more and more. Clif High is talking about a "Zionist gamble", I think they are cornered and
indeed have to take some risky shots at it ... throwing all in the game at once what's still left for them to play with.

So I expect we will be kept busy dodging bullets the coming months. What takes over after then will clearly be more powerful.
But if that's good (like ET disclosure, free energy etc.) or bad (nature taking an uncontrollable ravaging course on earth, solar flares etc.)
remains to be seen ....
But it appears to be happening right now.

[ThePythonicCow]

September has reference to 7, October has reference to 8, November has reference to 9, December has reference to 10 in their respective names.
So 4 months in a row and still we accept them as month numbers 9 to 12. If this is no clear evidence that somebody messed something up ...
My understanding is that September through December used to be months 7 through 10, but then Julius and Augustus Caesar thought it would be cool to have months named after themselves, hence July and August were inserted into the calendar.

[Cjay]

September has reference to 7, October has reference to 8, November has reference to 9, December has reference to 10 in their respective names.
So 4 months in a row and still we accept them as month numbers 9 to 12. If this is no clear evidence that somebody messed something up ...
My understanding is that September through December used to be months 7 through 10, but then Julius and Augustus Caesar thought it would be cool to have months named after themselves, hence July and August were inserted into the calendar.

Correct, Paul.

Here is one of many sources that back up what you just said:
http://www.almanac.com/content/origin-month-names

[Sabrina]

http://www.euroweek.com/Article/2988742/4307/Carobbi-takes-a-break-from-loan-business-after-30-years.html

Carobbi takes a break from loan business after 30 years

Issue: 1244 - 2 March 2012

Francesco Carobbi resigned from his position as head of loan syndications for Europe, Middle East and Africa at Bank of Tokyo-Mitsubishi UFJ on Monday, ending a career at the Japanese bank that started in 1997. He is also resigning from the Loan Market Association, where he is a board member. ..

[Sabrina]

Guess we should add 'going on trial' to the list. Whatever the truth re: the ex-PM and his white or black hat credentials, no doubt some interesting things will emerge in the court case. S.


http://www.bbc.co.uk/news/world-europe-17254544
5 March

Iceland ex-PM Haarde to go on trial over 2008 crisis



Ex-Iceland PM referred to court

Former Icelandic Prime Minister Geir Haarde is to go on trial at a special court on charges of negligence in his handling of the 2008 financial crisis.

The country's three main banks collapsed during economic turmoil.

The failure of Icesave, which hit thousands of savers in the UK and Netherlands, led to a dispute over compensation, which remains unresolved.

Mr Haarde rejects the charges as "political persecution", saying he would be vindicated during the trial.

The proceedings will be held at the Landsdomur court, a special body to try cabinet ministers, which has never before heard a case.

Some Icelanders see the trial of Mr Haarde as scapegoating, while others argue that public accountability is essential following the country's financial collapse.

'Bullying'
Iceland was plunged into a deep recession following the collapse of its three banks, including Icesave's parent company Landsbanki, in autumn 2008.

Mr Haarde, 60, led the Independence Party government at the time.

He is accused of being negligent because he had not ensured financial safeguards were in place.

The former premier says he was only doing what he thought was best for the country at the time.

When Icesave collapsed, the then UK Prime Minster Gordon Brown accused his Icelandic counterpart of "unacceptable" and "illegal" behaviour after Iceland said it could not give a guarantee to reimburse UK customers of the online bank.

In response, Mr Haarde accused the UK government of "bullying" and bringing down one of its other banks after the Treasury froze the assets of Icelandic institutions in the UK.

[PathWalker]

Here is an exhaustive list of resigners for the past 2 weeks: http://eclinik.wordpress.com/2012/02/21/massive-resignations-have-started/

I did not take the time to match the list to the current Paul has.

I wonder about this.
What is the usual turn around in these role. The current seems to be somewhat more frequent.

We can interpret this defection as iluminati breakdown, we can also interpret this as unsustainable business model.


Joy and happiness

[Sabrina]

http://www.guardian.co.uk/business/feedarticle/10121789

German prosecutors launch 80 raids in insider probe

MUNICH, March 1 (Reuters) - Police in several European countries have raided more than 80 properties in a probe by German prosecutors into stock market manipulation, the Munich prosecutors office said on Thursday.
The office's spokesman said the raids on Wednesday were into suspected cases of market manipulation, insider trading and fraud.
Fifty-three sites in Germany were searched, 29 in other European countries and four outside Europe.
He declined to identify the people or any companies under suspicion, saying only a double-digit number of people were involved.
"The investigation is at an early stage. The analysis could take a while," the spokesman said, adding that it could take years.
He said that there were "some similarities" to four recent Munich court cases where people running stock market newsletters and tip sheets targeted at retail investors had been tried for market manipulation.
Two of the cases, which also implicated members of a shareholder rights lobby group, have ended with confessions, suspended prison sentences and fines. The remaining cases are still being tried. (Reporting by Christian Kraemer; Writing by Ludwig Burger; Editing by Will Waterman)

[Sabrina]

http://americankabuki.blogspot.com/2012/03/115-resignations-from-world-banks.html

125 RESIGNATIONS FROM WORLD BANKS - Updated 6 March 2012


125 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS

Updated 3/6/12 Added New Zealand and Ethiopia

Updated 3/5/12 removed duplication for Elaf bank, added 6 more resignations.

Updated 3/3/12 Added named anchor to quickly access end of list.

Recent updates 3/2/12: More resignations, removed Kenya Central Bank Governor as he is under pressure to resign but has not officially done so, same goes with the Ugandan Central Bank Governor. Added additional information on Vatican Bank (IOR).

Changed shortened URLs from cli.gs to goo.gl to avoid the annoying middle landing pad web page.


I don't mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors.

Click here to scroll to latest additions to list, then scroll up.
9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
http://goo.gl/NdW7q
09/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
http://goo.gl/Dx8qs
9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
http://goo.gl/WCeqB
9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
http://goo.gl/7dNiD
10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
http://goo.gl/fdd9v
10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
http://goo.gl/yWX9R
11/01/11 (INDIA) More directors of the Beed district bank resign
http://goo.gl/HD8BQ
11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
http://goo.gl/3L9gE
11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
http://goo.gl/OiDiq
11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
http://goo.gl/XncOc
12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]
http://goo.gl/ANN5B
12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB
http://goo.gl/dFDpH
12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB
http://goo.gl/kowkW
12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNB
http://goo.gl/kstLp
12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNB
http://goo.gl/NrrPZ
1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
http://goo.gl/b6AoA
1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years
http://goo.gl/xwlFt
1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
http://goo.gl/joExI
1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
http://goo.gl/SKE7j
1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
http://goo.gl/bzZtQ
1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
http://goo.gl/zvo1L
1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
http://goo.gl/5qsUu
1/19/12 (SPAIN) Spanish bank Santander's Americas chief Francisco Luzon quits
http://goo.gl/jEY7Y
1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
http://goo.gl/sdY1p
1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits
http://goo.gl/6FuWe
1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits
http://goo.gl/NbPlt
1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
http://goo.gl/E3AkE
1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
http://goo.gl/BwUgv
1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood
http://goo.gl/CoLVS
2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
http://goo.gl/IP8nH
2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
http://goo.gl/OqRVo
2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
http://goo.gl/vjO5M
2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
http://goo.gl/bb5sh
2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit
http://goo.gl/pG2jF
2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
http://goo.gl/bRv9K
2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
http://goo.gl/OhCEb
2/7/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires
http://goo.gl/i7AUY
2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
http://goo.gl/fP03J
2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
http://goo.gl/PiQSy
2/09/12 (VATICAN) Institute for the Works of Religion (IOR) Four Priests (names were not disclosed) charged In Vatican Banking Scandal. CEO Paolo Cipriani and bank president Ettore Gotti Tedeschi (a member of Opus Dei) are under investigation.
http://goo.gl/tW8Sj
2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
http://goo.gl/8BuXy
2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
http://goo.gl/DBKdc
2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
http://goo.gl/wMl5g
2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
http://goo.gl/GFvIy
2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
http://goo.gl/iQ0n8
2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
http://goo.gl/uHp6C
2/15/12 (WORLD) World Bank CEO Zoellick resigns
http://goo.gl/dHDSm
Did the White House tell the World Bank president that he's out?
http://goo.gl/wUOgb
2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
http://goo.gl/SNsVI
2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
http://goo.gl/TyYiJ
2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
http://goo.gl/yT6rS
2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
http://goo.gl/c7PtU
2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
http://goo.gl/CtmOU
2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
http://goo.gl/I7Alo
2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
http://goo.gl/WczHh
2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
http://goo.gl/I7Alo
2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
http://goo.gl/I7Alo
2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
http://goo.gl/4r16D
2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer
http://goo.gl/UjpzD
2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
http://goo.gl/1n1Nr
2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns
http://goo.gl/G0woP
2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
http://goo.gl/Unuez
2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
http://goo.gl/F5twL
2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
http://goo.gl/aA0RW
2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
http://goo.gl/6Dj0i
2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
http://goo.gl/DuMrm
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB
2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB
2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
http://goo.gl/aEmwB
2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
http://goo.gl/Z1rnw
2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
http://goo.gl/ppKno
2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
http://goo.gl/x4Zsr
2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
http://goo.gl/DTL5S
2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
http://goo.gl/KoEUI
2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
http://goo.gl/5eUqU
2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
http://goo.gl/JIC9A
2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
http://goo.gl/6UJau
2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down
http://goo.gl/n5RLY
2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
http://goo.gl/nMTLW
2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
http://goo.gl/8lxSw
2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
http://goo.gl/yKjzL
2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
http://goo.gl/IJ5Lw
2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
http://goo.gl/eVCS5
2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
http://goo.gl/pTbII
2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
http://goo.gl/Q0dWR
2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
http://goo.gl/hhHSm
2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!
http://goo.gl/DDEUk
2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
http://goo.gl/ZD0mc
2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
http://goo.gl/dsXcE
2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
http://goo.gl/Uo800
2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
http://goo.gl/26MYq
2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
http://goo.gl/NDJze
2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits
http://goo.gl/cRkCP
2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.
http://goo.gl/1rCWd
2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
http://goo.gl/HIYXv
2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
http://goo.gl/ggPvq
2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
http://goo.gl/YxvNA
2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
http://goo.gl/F0UgN
2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
http://goo.gl/7aLRU
2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
http://goo.gl/LkJhV
2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
http://goo.gl/n6uoM
2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
http://goo.gl/Jh9jd
2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
http://goo.gl/014or
3/1/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
http://goo.gl/wACrI
3/1/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition.
http://goo.gl/3llyT
3/1/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
http://goo.gl/nA8g9
3/1/12 (USA) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assets
http://goo.gl/SI7kT
3/1/12 (SINGAPORE) UBS Singapore - James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.
http://goo.gl/BGugF
3/1/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
http://goo.gl/uEqDV
3/2/12 (CHINA) China Construction Bank Corp, the assistant general manager and head of corporate banking Mickey Mehta quits
http://goo.gl/B9dR0
3/2/12 (USA) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
http://goo.gl/8kZuc
3/2/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
http://goo.gl/ZEUwf
3/2/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign
http://goo.gl/npBe2
3/2/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
http://goo.gl/wFSV8
3/2/12 (USA) Citigroup Richard Parsons to step down as chairman
http://goo.gl/BhZ0F
3/3/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
http://goo.gl/w99tD
3/3/12 (ETHIOPIA)Dashen Bank’s board dismisses presidentLeulseged Teferi
http://goo.gl/Y801M
3/4/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
http://goo.gl/fmNxY
3/4/12 (USA) JP Morgan prop trading chief Mike Stewart quits
http://goo.gl/gubPj
3/5/12 ( SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
http://goo.gl/pNx0l
3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
http://goo.gl/RPqOp
3/5/12 (UK) Jupiter fund co-manager John Hamilton steps down
http://goo.gl/RPqOp
3/5/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
http://goo.gl/gX7wu
3/5/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
http://goo.gl/u6BT4
█▓▒░ End of list as of 3/3/12 ░▒▓█

Addendum:
It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of high significance. No one should assume I make any judgement about the character of these people. I frankly don't know their reputations except for a few rather famous ones.

This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).

[Violet]

The top “maybe” 10% of the insider bankers, stock brokers, and financial people started feathering their nest, resigning and ‘going to ground’ way back in 2003 or 2005. I have documents saved starting about that time . . . ceo’s from major world companies resigning . . . major upsets in ceo’s of the top brokerage companies.

There’s a reason the market (dow) shot up to almost 15000 before the well executed crash in 2008

There’s a reason why TRILLIONS of dollars in ‘tarp’ was shoveled out . . . who do you think ended up with all that money.

There’s a reason why all these very powerful families are ‘disappearing’ from public

And on . . . and on . . . . and on

They aren’t resigning under protest or being fired . . . . . they are ‘going to ground’ in a very comfortable existence while the rest of the world is left to fend for themselves under horrible conditions.

Ask yourself am I one of the unsuspecting ‘lemmings’ or even a sheep being led to slaughter?? Or are you staring reality in the face and preparing for what TPTB are very well prepared for? Starting with the blatant TRUTH of what is happening around us on a global scale.

Sadly and disturbingly I have seen way to much of this mindset on Avalon and other alternative forums the past year.

And yeah . . . many here reading this post will say I’m a fear monger . . . . well go for it because in about another year or so your paralyzing fear will be all YOU have and It will be because you have done very little to prepare and starting with acknowledging the TRUTH that most here claim to search for.

Exactly what I was thinking. They're running off before we can expose and catch them. Hellooo Barbados.

[Sabrina]

Blufire and Violet, I'm more optimistic. I doubt they'll have a very comfortable existence in the long term future and don't envy them one bit. I also don't think the current system will hold. Actually there's not a very calm atmosphere in the City of London at all at the moment. And that's amongst the non sheep (lol). There won't be any fear paralysing me or people I know in the future, and I suspect that's the same amongst many Avalonians. Last thing we are are lemmings (whoops I'm still on the cliff). Perhaps you don't know all your fellow men (or women) too well - or their skills/experiences/knowledge - and expect too little of them.

[Sabrina]

UK Tory Deputy Chairman quits.

http://order-order.com/2012/03/05/tory-deputy-chairman-quits-citing-europe-aspiration/

Tory Director of Strategy quits to go to US.

http://www.dailymail.co.uk/debate/article-2110233/Steve-Hilton-Without-strategy-guru-David-Cameron-prove-little-suit.html

[Violet]

How has justice been done since the beginning of this crisis theatre and how should that make us optimistic now?

[Sabrina]

http://www.bankingday.com/nl06_news_selected.php?act=2&stream=1&selkey=12885&hlc=2&hlw=
First guilty plea from South Canterbury Finance collapse
02 March 2012 6:59am
One of the alleged protagonists in the collapse of South Canterbury Finance in New Zealand has admitted his guilt in the company's downfall. Gavin Bennett, a former director of Datasouth Finance, entered a guilty plea yesterday at Christchurch District Court.

He admitted six charges involving NZ$23 million in fraud against SCF and was remanded in custody pending sentencing.

From 2004, and for the next six years, Datasouth obtained loans from SCF to cover leases over IT hardware and services.

The proceeds of new leases paid, in part, repayments on earlier leases as well. The funds were mainly used to support Bennett's lifestyle, according to prosecutors. Around 900 instances of fraud are alleged.

Four other defendants face charges arising from the collapse of SCF, which, thanks to the government deposit guarantee, has cost the New Zealand Treasury more than NZ$1 billion.

[Sabrina]

http://english.ahram.org.eg/NewsContent/2/8/35841/World/Region/Comptrollers-office-secretly-investigated-Netanyah.aspx

Comptroller's office secretly investigated Netanyahu on financial corruption
Israel's prosecutor general will consider pressing charges based on secret comptroller investigations into Netanyahu's family trips - allegedly on businessmen's accounts - and questionable campaign funding
The Israeli Haaretz revealed on Monday that the State Comptroller's office had been secretly investigating Prime Minister Benjamin Netanyahu on financial corruption allegations over the last decade.

[Sabrina]

http://english.ahram.org.eg/NewsContent/3/12/35766/Business/Economy/Egypt-issues-corruption-decree---.aspx

Ahram Online: Egypt issues corruption decree

Finance ministry announces end to auditors at public institutions receiving benefits from the very establishment they are inspecting


All extra benefits received by public financial auditors will be cancelled, Egypt's finance ministry announced Thursday.

Auditors in charge of overseeing the finances of public institutions in Egypt are usually granted financial or in-kind benefits from the institutions they are assessing. The decree, number 92 of 2012, removes such benefits.

[Sabrina]

Via the new Facebook Global Resignations Site. No links, but obviously checkable if you aren't behind with son's tea...


For 5 March:
Alright! Quite a large number of resignations we've got today, especially in banking & financing! :D

- NZ Insured Group chairman quits

- Ethiopia's Dashen Bank's CEO forced to retire

- U.S. head of proprietary trading leaves JP Morgan

- Spanish investment bank Invercaria's president resigns

- CEO of U.K's ASTL quits

- CEO of Al Rajhi Bank (UAE) resigns

- Poland GTC's chairman resigns

- U.K's Jupiter fund managers step down

- Finance director of U.K's Lord Sugar's private holding company resigns

- Norwegian minister resigns

- U.K's Conservative MP quits as deputy chairman

- President and CEO of Canada's Enbridge Inc. to retire

- Foursquare's co-founder resigns
2 March
Chairman of Citigroup Inc. resigns

- 33 insurance directors simultaneously resign

- Head of corporate banking of China Construction Bank Corp resigns

- Deutsche Bank Student Loan CEO resigns
Chairman of New Century Group Hong Kong Ltd resigns

- Lloyd's internation director resigns

- RHB Bank deputy managing director resigns

- Irish party deputy leader resigns

- U.S. House Democratic Rep. quits

- U.S. Senator quits

- South Carolina State University president resigns

- U.K. Labour MP to step down

- Japanese Nuclear Safety Commission chairman to step down

- Alberta Chief of staff resigns

- Arrest: Morgan Stanley senior investment banker arrested

- Arrest: Japan's NTT East president arrested
Chairman of New Century Group Hong Kong Ltd resigns

- Lloyd's internation director resigns

- RHB Bank deputy managing director resigns

- Irish party deputy leader resigns

- U.S. House Democratic Rep. quits

- U.S. Senator quits

- South Carolina State University president resigns

- U.K. Labour MP to step down

- Japanese Nuclear Safety Commission chairman to step down

- Alberta Chief of staff resigns

- Arrest: Morgan Stanley senior investment banker arrested

- Arrest: Japan's NTT East president arrested
Chairman of New Century Group Hong Kong Ltd resigns

- Lloyd's internation director resigns

- RHB Bank deputy managing director resigns

- Irish party deputy leader resigns

- U.S. House Democratic Rep. quits

- U.S. Senator quits

- South Carolina State University president resigns

- U.K. Labour MP to step down

- Japanese Nuclear Safety Commission chairman to step down

- Alberta Chief of staff resigns

- Arrest: Morgan Stanley senior investment banker arrested

- Arrest: Japan's NTT East president arrested
Worldwide resignations on March 01, 2012 (links are supplied in The List):

- Head of Italy’s banking association ABI resigns

- Barclays Bank of Botswana Managing Director resigns

- Head of Carlyle Group Southeast Asia resigns

- Labour MP Marsha Singh steps down

- British politician Baroness Jenny Tonge resigns

- Initiative CEO Richard Beaven resigns

- VIASAT Board Member Micheal Targoff resigns

- Chairman of satellite operator Hispasat resigns

- CEO of Magnesita Refratários resigns

- Celltex Therapeutics president resigns

[Sabrina]

How has justice been done since the beginning of this crisis theatre and how should that make us optimistic now?


Think Scott Mowry gives quite a compelling précis here (and this is now somewhat out of date) - doesn't matter if you subscribe to his spiritual beliefs or not.

http://miraclesandinspiration.com/news_major-planetary-transformations.html

And the myriad of grass roots movements across the world, such as Occupy, are having their influence (Don't Pay in Ireland being a newer one: http://www.notourdebt.ie/campaign).

To quote from the press: 'In some cases even the rich have had enough, as campers at Occupy in the City of London have discovered in their conversations with city traders and bankers who drop by'.

'A Wall Street occupier recalls these words from a police officer arresting protesters on Brooklyn Bridge: ‘I want you guys to know, I totally know where you are coming from. My family was ****ed over by foreclosures and predatory loans and the banking industry being twisted, but I can’t be with you guys because of the badge.’

and even this from one of the Beeb's economic's editors:

Paul Mason, BBC Newsnight economics editor and author of Why It’s Kicking Off Everywhere, says:
‘People have had enough of, and given up on, a world run by the rich for the rich.’

I know I'm on the optimistic timeline. S

[PathWalker]

http://t0.gstatic.com/images?q=tbn:ANd9GcRvQlQsO11f_cc6npgq9CMSTEH31NNvMGFJm8dJAAxvzU_LJA_s4A

[Daozen]

Got this one yet?

Much of the Congolese government has resigned effective November.

http://congoplanet.com/news/1954/dr-congo-government-prime-minister-muzito-resign.jsp

DR Congo might not hit our news much, but there has been fighting there for decades. Prolly all sorts of resources there.

[TargeT]

Got this one yet?

Much of the Congolese government has resigned effective November.

http://congoplanet.com/news/1954/dr-congo-government-prime-minister-muzito-resign.jsp

DR Congo might not hit our news much, but there has been fighting there for decades. Prolly all sorts of resources there.

so clearly, a bad sign.

[Daozen]

so clearly, a bad sign.

Not necessarily. None of us know enough to call it either way.

*

That's a huge list for 5th March Sabrina. Are they really all for one day? Wow. I'll check them out.

EDIT: Some of them are a few days old, but its still a good list..

[Sabrina]

This is from the new Facebook page - Global Mass Resignations

https://www.facebook.com/MassResignations/app_2374336051


3/07/12 (SINGAPORE) CEO Timothy McCarthy of Japan’s Nikko Asset Management steps down
http://tinyurl.com/823uc6l


3/07/12 (CHINA/GLOBAL) UBS senior Asia economist Jonathan Anderson quits
http://tinyurl.com/723qfzb


3/07/12 (GLOBAL) Goldman Sachs Group’s Phil Beatty resigns as head of European power trading
http://tinyurl.com/87nu75z


3/07/12 (PAKISTAN) Chairman Ali Raza of National Bank of Pakistan resigns
http://tinyurl.com/7ajuuuk


3/07/12 (DUBAI) Dubai’s DME CEO Thomas Leaver resigns
http://tinyurl.com/7w38nvq


3/07/12 (UK) Goldman Sachs International senior executive Yoel Zaoui steps down
http://tinyurl.com/6qc5mbg


3/07/12 (UK) Goldman Sachs International senior executive Christopher French steps down
http://tinyurl.com/6qc5mbg


3/07/12 (UK) Goldman Sachs International senior executive David Wildermuth steps down
http://tinyurl.com/6qc5mbg


3/07/12 (UK) Goldman Sachs International senior executive Matthew Westerman steps down
http://tinyurl.com/6qc5mbg


3/06/12 (USA) USA Technologies’ Bradley Tirpak resigns from board
http://goo.gl/8oi7C


3/06/12 (USA) Director Philip Kanas of Sterling Green Group resigns
http://tinyurl.com/6pvjvuk


3/06/12 (JAMAICA) Executive director Rohan Barnett of Jamaica’s Financial Services Commission (FSC) resigns
http://goo.gl/FBwFo


3/06/12 (JAMAICA) Executive director Patricia Sutherland of Jamaica Money Market Brokers (JMMB) resigns
http://goo.gl/oMwv6


3/06/12 (FRANCE) Blackstone Group’s Paris office leader Jean-Michel Steg to step down
http://goo.gl/w3Ca5


3/05/12 (NEW ZEALAND) Chairman and director of Insured Group Bill Jeffries quits
http://tinyurl.com/7eqwnhb


3/05/12 (ETHIOPIA) Dashen Bank CEO Leulseged Teferi forced to retire, shocks many
http://tinyurl.com/7295do6


3/05/12 (USA) Head of proprietary trading Mike Stewart leaves JP Morgan
http://tinyurl.com/72eu2et


3/05/12 (SPAIN) President Laura Gómiz of investment bank Invercaria resigns
http://tinyurl.com/6p9qzyd (Spanish link)


3/05/12 (UK) CEO of ASTL (Association of Short Term Lenders) Adrian Bloomfield quits
http://tinyurl.com/6llzwwx


3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigns
http://goo.gl/u6BT4


3/05/12 (UAE) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi quits
http://tinyurl.com/7jqekko


3/05/12 (POLAND) GTC real-estate developer’s chairman Eli Alroy resigns
http://tinyurl.com/785n9rj


3/05/12 (UK) Jupiter fund co-manager **John Hamilton* steps down
http://goo.gl/RPqOp


3/05/12 (UK) Jupiter fund co-manager Tony Nutt steps down
http://goo.gl/RPqOp


3/05/12 (UK) Finance director of Lord Sugar’s private holding company Colin Sandy* steps down
http://tinyurl.com/76lhmst

[Sabrina]

http://online.wsj.com/article/SB10001424052970204603004577267331275264386.html?ru=MKTW&mod=MKTW
Deutsche Bank to Shake Up Management Board
BY LAURA STEVENS
7 March
FRANKFURT—Deutsche Bank AG has begun reshaping its senior management ahead of a planned change in leadership at the bank in May.

Chief Risk Officer Hugo Bänziger and Chief Operating Officer Hermann-Josef Lamberti will be asked to leave, according to people familiar with the matter, and the bank will look to appoint three new management-board members, as well as two people to run the bank's investment-banking unit.

[Sabrina]

http://online.wsj.com/article/SB10001424052970204603004577267013169779198.html?ru=MKTW&mod=MKTW
7 March
Ex-Citigroup Banker Convicted in Fraud Case

The private banker at the center of an embezzlement scandal involving Citigroup Inc. in Indonesia was convicted of fraud Wednesday in a case that dealt a blow to the U.S. bank's expansion in Southeast Asia's largest economy.

A Jakarta court convicted Inong Malinda Dee, 50 years old, of stealing $4.4 million from clients and sentenced her to eight years in prison. She was also ordered to pay a fine of $1.1 million.

[Sabrina]

http://online.wsj.com/article/SB10001424052970203458604577266523769019102.html?ru=MKTW&mod=MKTW

Japan Prosecutors Charge Olympus, Executives
7 March
BY KANA INAGAKI

TOKYO—Japanese prosecutors filed charges against Olympus Corp. and six individuals allegedly involved in the company's $1.5 billion accounting scandal.

The indictment came four months after the Japanese maker of cameras and medical-imaging equipment admitted to hiding investment losses for more than a decade, in one of the country's biggest corporate scandals.

The Tokyo District Public Prosecutor's Office on Wednesday said it charged the company and the individuals with violating Japanese law by

[Sabrina]

hmmm

Goldman Names Koizumi to Head Japan Public Sector Group
By Takahiko Hyuga - Mar 7, 2012 6:44 AM GMT

http://www.bloomberg.com/news/2012-03-07/goldman-sachs-names-koizumi-to-head-japan-public-sector-group.html?cmpid=yhoo


Goldman Sachs Group Inc. (GS) appointed Yasuro Koizumi to lead its public-sector group in Japan to boost investment banking business, according to an internal memo obtained by Bloomberg News.
Koizumi, co-head of the financing group, replaces Mitsunari Okamoto, who is leaving the firm, according to the document. Hiroko Matsumoto, a spokeswoman for Goldman Sachs in Tokyo, confirmed the contents of the memo, declining to comment further.
Goldman Sachs set up the public-sector infrastructure and utilities team following the record earthquake last March that triggered the worst nuclear crisis since Chernobyl in 1986. The U.S. bank is betting that demand for financing and investing from municipalities, power plant operators and renewable energy- related businesses will increase as the nation recovers.
The group “remains a key pillar in our Japanese coverage effort and will enable us to continue expanding our business in this important area,” Masanori Mochida, president of Goldman Sachs in Japan, said in the memo.
Koizumi, 48, a managing director at Goldman Sachs, joined the New York-based firm in 1999 to work on debt origination and syndication. He earlier worked at Industrial Bank of Japan Ltd., now a part of Mizuho Financial Group Inc. (8411), after graduating from the University of Tokyo in 1986.
Goldman Sachs in June helped the Ibaraki prefectural government raise 10 billion yen ($124 million) from a bond issuance backed by future revenue from a waste-processing facility, the local government north of Tokyo said.
The U.S. bank in September bought a 5.1 percent stake in Eliiy Power Co., a Tokyo-based manufacturer of lithium-ion batteries, for 1.5 billion yen.
Tohoku Electric Power Co. (9506), the electricity supplier to areas in northeastern Japan most devastated by the earthquake and tsunami, this month became the first nuclear operator to sell bonds since the disaster. The Sendai-based company offered 60 billion yen of notes on March 2.

[Sabrina]

Wednesday, 7 March 2012 - 16:09
UPDATE: Antofagasta CEO Unexpectedly Resigns Ahead Of Results
Print
Save
E-mail
http://english.capital.gr/News.asp?id=1432988

- Marcelo Awad resigned with immediate effect about a week before full-year results

- No explanation given for resignation; Antofagasta chairman appointed as interim CEO

- Antofagasta says it expects to report 2011 results in line with market expectations

LONDON -(Dow Jones)- In an unexpected move, U.K.-listed, Chilean copper producer Antofagasta PLC (ANTO.LN) said Wednesday that the chief executive of its copper division had stepped down with immediate effect. No reasons were given for his resignation.

[Sabrina]

http://www.kaieteurnewsonline.com/2012/03/07/allen-stanford-found-guilty-in-ponzi-scheme/

Allen Stanford found guilty in Ponzi scheme
MARCH 7, 2012

HOUSTON (Reuters) – Allen Stanford was convicted yesterday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags trajectory for the former Texas financier and Caribbean playboy.
It was a vindication for the U.S. government, which closed down Stanford’s financial empire in February 2009 but had failed for years to address signs that the empire was built on air. The Stanford case was the biggest financial fraud since Bernard Madoff’s.
Stanford was found guilty on 13 counts of a 14-count criminal indictment, including fraud, conspiracy and obstructing an investigation by the U.S. Securities and Exchange Commission. He was found not guilty on one count of wire fraud. The charges carry a possible prison sentence of nearly 20 years.
The verdict came less than a day after a Houston federal jury said it could not reach a verdict, and U.S. District Judge David Hittner instructed jurors to keep deliberating.
Still, the verdict may prove only a moral victory for Stanford’s victims, most of whom have received none of their money back.

[Kimberley]

Bumping again ....as every one who is following this story would be well served to see the above several posts from Sabrina!!! Much love and whoo hoo the dominoes are a falling away one by one at a rapid rate!!!
XO :hug:

[Daozen]

FIVE Goldman Sachs Quits in One Day! WOW. The wave isn't stopping. It says four in this article but I counted 5. Whatever...

http://www.efinancialnews.com/story/2012-03-07/goldman-sachs-international-reshuffles-board-yoel-zaoui-christopher-french-david-wildermuth-matthew-westerman


Goldman Sachs reshuffles UK board of directors
Richard Partington
07 Mar 2012
Goldman Sachs is reshuffling the board of directors that oversees its UK-based subsidiary, with four senior executives stepping down from their board-level roles, including investment banking rainmaker Yoel Zaoui.


According to documents filed with Companies House this week, Zaoui, Christopher French, David Wildermuth and Matthew Westerman have stepped down from the board of Goldman Sachs International, the UK and European subsidiary of Goldman Sachs Group. GSI’s board is separate from Goldman Sachs Group's board of directors.

[Sabrina]

PORT-AU-PRINCE, Haiti (AP) — A prominent Haitian banker has been killed in the capital of Port-au-Prince.

Read more: http://www.jamaicaobserver.com/news/Former-director-of-Haiti-s-Central-Bank-slain#ixzz1oVfs3goW

PORT-AU-PRINCE, Haiti (AP) — A prominent Haitian banker has been killed in the capital of Port-au-Prince.
A spokesman for Haiti's police force said Wednesday that Venel Joseph was fatally shot while at the wheel of his car. Gary Desrosiers said police have not arrested anyone and do not have any more details about Tuesday's killing.
Joseph served as director of Haiti's Central Bank during former President Jean-Bertrand Aristide's second term from 2001 to 2004.



And remember that Haiti's PM resigned late Feb this year. S

[Sabrina]

33 insurance directors quit simultaneous directorship of banks, NBFIs, insurers
Jasim Uddin Haroon
Bangladesh - March 2012

The insurance regulator Wednesday said a total of 33 insurance company directors have resigned from the board of directors of banks, non-banking financial institutions (NBFIs) and their own companies.

http://www.thefinancialexpress-bd.com/more.php?news_id=121993&date=2012-03-02

[Cjay]

Thirty three. Hmmm. Isn't that a favorite number of the Illuminati? Coincidence?

[Eric J (Viking)]

152 BANKING RESIGNATIONS AS OF 3/7/12 ....going up and up!!

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html

viking

[Daozen]

Up to 177 now:

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html

I really hope the Pope does step down.

[Sabrina]

More on the Allen Stanford case:

http://www.bbc.co.uk/news/world-us-canada-17307229

Jury rules Allen Stanford's assets can be Seized

US authorities can try to seize $330m (£208m) linked to the convicted pyramid schemer Allen Stanford, a jury has ruled.

On Tuesday, Stanford was found guilty of swindling $7bn from about 30,000 investors around the world.

Officials can now target 29 accounts in Switzerland, Britain and Canada, after a jury found there was enough evidence to link the funds to the scheme.


Stanford is due to be sentenced in his home state of Texas on 14 June.

He faces up to 20 years in prison on the most serious charges.

Court-appointed liquidators in the Caribbean island of Antigua, where Mr Stanford's bank was based are also trying to seize the assets

[sdv]

Or perhaps a very cynical view is that they are taking all the money they have 'stolen' and running because global protest has made them fearful of being held accountable?

Interestingly, for two years in a row now, the chief executives in the bank I use (Standard Bank) have not given themselves salary increases and in the last year declined to take a bonus as well (in this country a thirteenth cheque as a bonus is standard practice unless a business has had a really bad year). Their reason? They earn enough from their salaries and in times of economic hardship it is immoral for them to give themselves increases and bonuses (i.e. they don't need more).

Before you think I am cheerleading for a bank: bank charges we pay are so high, and interest rates have always been high (I think the interest rate on my home loan is about 14% and I negotiated a special deal becuase I worked for a big corporation at the time). Oh, and another interisting thing is that if you have a lot of money in the bank, and a big overdraft, you get a special account, your own personal banker and don't pay the high bank charges. I know this as a fact because my sister, who has a lot more money than I do, was given this special account by the same bank I use (without even asking for it). Grrr!

[DreamsInDigital]

There is no where for them to run or hide.

[Sabrina]

http://www.christian-faith.com/forjesus/pope-benedict-to-step-down-april-15-2012

According to Italian daily newspaper "Libero", Pope Benedict XVI is thinking about leaving the papacy next April, when he will turn 85.
ANdrea Tornielli
Vatican City
There is one front page news story that will certainly not go unnoticed: that is, that the Pope is thinking about resigning during the Spring of 2012. Journalist Antonio Socci has confirmed the same in the Italian daily, Libero.
"For now,” Socci writes, “he is saying that this may be true (Joseph Ratzinger’s personal assumption), but I hope the story does not reach the news. But this rumor is circulating high up in the Vatican and therefore deserves close attention. The Pope has not rejected the possibility of his resignation when he turns 85 in April next year.”
Socci recalls that the assumption he will resign, without any hitches, was the same thing Ratzinger talked about in an interview in the book “Luce del mondo” (Light of the World), when, in response to a question by interviewer Peter Seewald, he said: “When a Pope arrives at a clear awareness that he no longer has the physical, mental, or psychological capacity to carry out the task that has been entrusted to him, then he has the right, and in some cases, even the duty to resign.” Furthermore, in another passage, Benedict XVI wondered if he would be able to “withstand it all, just from the physical point of view.”
Next Up is Peter the Roman.

[Eric J (Viking)]

up and up some more>>> now 236

quote...
236 RESIGNATIONS/ARRESTS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS

View the list here:

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html

If anyone thinks this is not hugely significant & unprecedented they are simply ignoring the fast increasing hard news evidence.

Evidently heading the top worldwide banking & financial institutions is becoming an increasingly unpopular profession. Just in the last week two were killed & five resigned from Goldman Sachs the same day
(including 3 board members). It just appears that rats are deserting the ship (being forced out to resign, being arrested, or killed by their own probably to cover up what they know).

~~~~~~~~

viking

[aranuk]

Bumping again ....as every one who is following this story would be well served to see the above several posts from Sabrina!!! Much love and whoo hoo the dominoes are a falling away one by one at a rapid rate!!!
XO :hug:

So it seems Kimberley. Does anyone know if there have been arrests in Europe or USA and convictions in prison yet? I am sorry if there have been reports on this thread and I haven't noticed it yet.

Stan

[Sabrina]

Pacific Basin Shippi : Resignation of Non-Executive Director - Hong Kong Stock Exchange
http://www.4-traders.com/PACIFIC-BASIN-SHIPPI-6170975/news/PACIFIC-BASIN-SHIPPI-Resignation-of-Non-Executive-Director-14207256/
RESIGNATION OF NON-EXECUTIVE DIRECTOR
The Board of the Company announces that Mr. Richard Maurice Hext has resigned from the position of Non-executive Director of the Company today with effect from 9 March 2012.

also


http://www.infomine.com/index/pr/PB167309.PDF
London Stock Exchange
African Barrick Gold plc (the "Company" or "ABG")
ABG announces that James Cross has decided to step down as Independent Non-Executive Director for personal reasons, with effect from 8th March 2012.

[Sabrina]

9 March - (AP)

COLUMBIA, S.C. (Associated Press) — In less than six hours, former Lt. Gov. Ken Ard went from a heartbeat away from being South Carolina's governor to a disgraced convict serving five years of probation for scheming to violate campaign finance laws and spending money donated to his campaign on himself and his family.

[Sabrina]

GOVERNMENT OFFICIALS

Norway
Top bureaucrat also resigns from troubled ministry
http://www.newsinenglish.no/2012/03/08/top-bureaucrat-also-resigns-from-troubled-ministry/
March 8, 2012
Harald Nybøen, who held the top bureaucratic post at Norway’s beleaguered government ministry in charge of family and equality issues, has resigned just two days after the ministry’s top politician, Audun Lysbakken, resigned as minister himself.
Nybøen had led the ministry for 15 years and it’s highly unusual for top state bureaucrats to leave their posts. Lysbakken, though, had alluded to a history of questionable practices within the ministry involving extra funding allocations, suggesting violations like the ones that toppled him had occurred before.


Northern Ireland
http://sluggerotoole.com/2012/03/09/tom-elliotts-first-post-resignation-interview/
Tom Elliott, who resigned as Ulster Unionist leader last night, says he quit because of growing tensions within the party. He also says there has been an “uneasy atmosphere” in the Ulster Unionist Party in recent days and claimed that some of his colleagues have been making life difficult for him by briefing journalists “lies”.

BANK OF SOUTHERN AFRICA

http://www.link2media.co.za/index.php?option=com_content&task=view&id=15334&Itemid=12

9 March

The DBSA Board regretfully announces the resignation of Mr Paul Baloyi, the Chief Executive of the Development Bank of Southern Africa. Mr Baloyi will be leaving the DBSA to pursue personal interests.

Mr Baloyi joined the Bank in 2006 and, under his stewardship, the DBSA has seen significant improvements in its operations as well as a major expansion in the Bank's scope of activities, thus enhancing the DBSA's developmental effectiveness and standing as a leading development finance institution.

[ThePythonicCow]

If anyone thinks this is not hugely significant & unprecedented they are simply ignoring the fast increasing hard news evidence.

Evidently heading the top worldwide banking & financial institutions is becoming an increasingly unpopular profession. Just in the last week two were killed & five resigned from Goldman Sachs the same day
(including 3 board members). It just appears that rats are deserting the ship (being forced out to resign, being arrested, or killed by their own probably to cover up what they know).

Aye, aye, sir.

But to what end, by whose orders, ... ?

Whose hand is the hidden hand?

Who will be left standing?

Who are replacing the departed, and to whom are they loyal?

[778 neighbour of some guy]

If anyone thinks this is not hugely significant & unprecedented they are simply ignoring the fast increasing hard news evidence.

Evidently heading the top worldwide banking & financial institutions is becoming an increasingly unpopular profession. Just in the last week two were killed & five resigned from Goldman Sachs the same day
(including 3 board members). It just appears that rats are deserting the ship (being forced out to resign, being arrested, or killed by their own probably to cover up what they know).

Aye, aye, sir.

But to what end, by whose orders, ... ?

Whose hand is the hidden hand?

Who will be left standing?

Who are replacing the departed, and to whom are they loyal?

Indeed, your last sentence, plus who benefits plus will it make a positive difference for all us in on short term and for the long haul.

[Sabrina]

Various investigations and trials across the world, which may have been there for years in some cases, seem to be reaching a positive conclusion. Even if punishment isn't always evident yet, revealing the truth about corruption must be a plus, when so much has been hidden or dismissed. S

http://www.guardian.co.uk/business/2012/mar/09/bank-of-scotland-fsa-serious-misconduct

UK

A division of the former HBOS bank has been found guilty of "very serious misconduct" by the Financial Services Authority in a damning critique of the way it was managed in the runup to its taxpayer bailout and rescue by Lloyds Banking Group.

The Bank of Scotland division of HBOS only escaped a "very substantial penalty" because the taxpayer would have had to foot the bill. It is understood that the fine would have easily surpassed the £17.5m penalty slapped on Goldman Sachs for systems failures.

The FSA said BoS's corporate division ran an aggressive, high-risk growth strategy, prioritised optimism over prudence and sanctioned too many big loans to a small number of borrowers. It said the bank was too optimistic over bad debts and did not take "reasonable care" to control its affairs.

Business plans set ever increasing targets for profit growth in the corporate arm – and targets were increased during the first half of 2007 to "imprudent" levels as the group looked to the corporate division to make up for the underperformance of the retail arm.

As it appeared to set out a case to take enforcement action against the bank's management, the FSA's decision notice pointed to a "collective denial" about the impact of the financial crisis on the bank's corporate lending division.

While the FSA has closed its investigation into the firm, it stressed that "other enforcement proceedings in connection to the failure of HBOS are ongoing".


and

http://www.guardian.co.uk/business/nils-pratley-on-finance/2012/mar/09/bank-of-scotland-fsa-name-names

But the story will become more interesting when it does start to name names — both at the bank and within the FSA itself.


HSBOS Whistleblower interview:

http://consciouslifenews.com/hbos-whistleblower-paul-moore-banking-reform-banking-crises-killed-people/1125779/

[Sabrina]

Bumping again ....as every one who is following this story would be well served to see the above several posts from Sabrina!!! Much love and whoo hoo the dominoes are a falling away one by one at a rapid rate!!!
XO :hug:

So it seems Kimberley. Does anyone know if there have been arrests in Europe or USA and convictions in prison yet? I am sorry if
there have been reports on this thread and I haven't noticed it yet.

Stan

There's been quite a few, and some cases on-going. Just a random collection from threads here: Royal Bank Scotland employee fraud arrests in UK, Vatican priests charged, Swiss UBS rogue trader charged, Threadneedle Asset Mgnt. 150m dollar fraud uncovered, Mumbai Congress Chief prosecuted, UK MEP fraud probe, UK's A4e 'back to work' company fraud investigation, Kuwait cabinet resigns over corruption probe, Albert Stanley ex-Halliburton exec. sentenced, Timothy Geithner questioned by New Yk police, civil claims re: mortgage based securities may be faced by Goldman Sachs, Wells Fargo and JP Morgan, Fed authority insider trading problem, ex Icelandic PM on trial, German prosecutors stock market fraud with 80 searches across Europe, Netanyahu investigated for corruption, Egypt issues corruption decree, ex Citigroup private banker convicted of fraud in Indonesia causing problems for Asian expansion, Olympus execs prosecuted in Japan, Allen Stanford convicted, South Carolina Gov. convicted, UK's FSA directs very serious misconduct claim at HSBOS. There's more but I'm going cross-eyed....

[foreverfan]

Sabrina... thanks for all the tireless work you do.

Please be sure to wake me up when the Military inserts Ron Paul as President, throws Congress and the Supreme Court Judges out and ends the Federal Reserve! :usa2:

[Trismegistus]

Please be sure to wake me up when the Military inserts Ron Paul as President, throws Congress and the Supreme Court Judges out and ends the Federal Reserve! :usa2:

Out of curiosity, are you saying you are hoping for a military coup in the US?

[foreverfan]

Please be sure to wake me up when the Military inserts Ron Paul as President, throws Congress and the Supreme Court Judges out and ends the Federal Reserve! :usa2:

Out of curiosity, are you saying you are hoping for a military coup in the US?

If that's what it takes to end the corruption, so be it. Remember the military took an oath to protect this country from all treats Foreign and Domestic. I'm not saying I want the Military Industrial Complex to run the country. They need to be eliminated. We need to do a system reset.

So any real power lies with them.

[Sabrina]

John Kettler's take on it - Newsletter 11 March

Mighty blows have already been struck, as seen in the financial
sector, where the rats are abandoning ship at a furious rate, even
as financial experts from the Universities of Evolution arrive to
replace the rotters at the top, creating a cascading effect which
will eventually unhinge the whole system of financial domination,
oppression and control. Also, cracks in control of the media are
beginning to appear as well, with more to follow. These things are
all to the good.

But much remains to be done. The foe is utterly determined, seeking
ever the tiniest opening to exploit, and will not back down. But so
are we, both here on Earth and "topside." The unwanted Dark Force
presence will and is being destroyed, the NWO has taken some nasty
hits already, with more to follow, and people are FINALLY starting
to wake up and take back their power. This is quite evident in the
comments I'm seeing and in what's going on in the world at large.
I know it looks like we're about to go down the tubes, but see it
instead as healing crisis, in which the patient (Earth/us) gets
worse before getting better. Make no mistake: The opposition, for
all its obvious efforts to enslave and kill us, is running scared.
The stink of desperation is in the air. It has no timeouts left,
and the game's nearly over!

Sincerely,
John Kettler
JohnKettler.com

[Sabrina]

Syrian deputy oil minister announces resignation
Syria’s deputy oil minister has announced his resignation, saying he is instead joining the anti-government revolt against President Bashar Assad in a video posted on YouTube overnight.
http://www.telegraph.co.uk/news/worldnews/middleeast/syria/9130235/Syrian-deputy-oil-minister-announces-resignation.html

[Sabrina]

http://www.themalaysianinsider.com/malaysia/article/shahrizat-to-announce-resignation-today/

KUALA LUMPUR, March 11 — Datuk Seri Shahrizat Abdul Jalil will announce her resignation, likely from all posts, in a press conference later today.....

Umno’s New Straits Times had reported this morning the women, family and community development minister will quit all her posts “in the next few days.” The newspaper, quoting unnamed sources, said she told a close circle of executive council members on Friday she would step down as minister and Wanita Umno chief.......

Speculation about Shahrizat’s fate has intensified in recent weeks, following months of allegations that she and her family had used a RM250 million federal loan earmarked for the National Feedlot Corporation (NFCorp) to pay for personal expenses.

[Sabrina]

http://risu.org.ua/en/index/all_news/catholics/ugcc/40621/




BULGARIA
Chief of staff of Bulgarian social policy minister resigns
09 March 2012 | 13:37 | FOCUS News Agency
Home / Bulgaria
Sofia. Dimitar Markov, chief of staff of Bulgarian Minister of Labor and Social Policy Totyu Mladenov, has handed in his resignation, citing personal motives, Bulgarian National Radio reported.
Markov was on the list of senior public servants who returned bonuses they received.


UKRAINE
On Thursday, February 10, 2011, the Vatican announced that Pope Benedict XVI, according to the prescriptions of canon 126 § 2 of the Code of Canons of the Eastern Churches, accepted the resignation of the head of the Ukrainian Greek Catholic Church Major Archbishop of Kyiv-Halych His Beatitude Patriarch Lubomyr Husar.

Patriarch Lubomyr personally asked for the decision. He leaves his office voluntarily.


Must be boom time for leaving parties?? S.

[Bryn ap Gwilym]

Its also that time of year that resignation's are the norm as election's from local to national governments are taking or about to take place. Officials / board members swapping from one committee to another is nothing new as they are all jockeying to safeguard their new place on the ladder.

Is it then a coincidence that these resignation's are coinciding with various levels of govt elections?
Is it also possible that certain folk are taking advantage of this annual / decade job fest & turning it into some bizarre, seedy & juicy phenomenon that's fits snuggle into their own agenda?

Yes there is shuffling going on, but from what I can see, its not what folk via the truth movement are being told.

Until the likes of Tony B_Liar, Bush & many many more are arrested & the war machine retreats instead of advancing like they are, then I am nowhere near convinced by any of these resignation's.

[Sabrina]

Its also that time of year that resignation's are the norm as election's from local to national governments are taking or about to take place. Officials / board members swapping from one committee to another is nothing new as they are all jockeying to safeguard their new place on the ladder.

Is it then a coincidence that these resignation's are coinciding with various levels of govt elections?
Is it also possible that certain folk are taking advantage of this annual / decade job fest & turning it into some bizarre, seedy & juicy phenomenon that's fits snuggle into their own agenda?

Yes there is shuffling going on, but from what I can see, its not what folk via the truth movement are being told.

Until the likes of Tony B_Liar, Bush & many many more are arrested & the war machine retreats instead of advancing like they are, then I am nowhere near convinced by any of these resignation's.

A number of the government resignations are through corruption accusations at the moment - or through an unwillingness to play the game any more. I don't bother to post resignations if people are going onto do other jobs etc. Personally, I think that in the past corruption would have been ignored or not discovered. At the moment, I think a great deal of untruths are coming to the surface to be dealt with - increase in energetic frequencies or nudgings from white hats or the truth coming out to be transmuted - but the levels and lack of solid reasons or the corruption uncovered are unusual to say the least.

[Kimberley]

Thank you Sabrina for the work you are doing with keeping us up to date!!!

A friend sent this to me...254 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS


Updated 3/10/12 More additions, thanks to Sophie who has kept me very busy. Thanks also to Gabriel at http://www.facebook.com/MassResignations for tracking Insurance, Government and Healthcare Resignations.

254 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS
I don't mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors. Special thank to Gabriel at Facebook Global Mass Resignations for some resignations I did not find in my searches.


http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html

[Sabrina]

http://www.thisislondon.co.uk/news/uk/two-murdoch-reporters-feared-to-be-in-suicide-bids-7541864.html
6 March

Two senior journalists at News International have apparently attempted to commit suicide as pressure mounts inside the Murdoch media empire.

The reporters appeared to try to take their own lives after the company turned over 300 million emails and internal papers to detectives investigating phone-hacking and alleged bribery of public officials.

The journalists, whom the Standard has decided not to name, were checked into hospital at the expense of News International on the orders of Rupert Murdoch.

Sources said other journalists inside the Wapping HQ look “terribly stressed and many are on the edge”. It is understood the company’s offer of psychiatric help is available to any journalist who feels under pressure.

The tragic developments happened after News Corp’s Management and Standards Commitee, a branch of the empire that reports directly to independent board directors in New York, passed evidence to Scotland Yard.

Eleven reporters and senior executives from The Sun have been arrested in recent weeks by police officers from Operation Elveden, which is investigating alleged illegal payments to police officers and civil servants.

The MSC’s co-operation with the police has triggered a civil war inside the Murdoch empire. Bosses at News International, its UK-newspaper subsidiary, are furious that the committee, headed by Lord Grabiner QC, has “sold journalists down the river”.

Last week, Deputy Assistant Commissioner Sue Akers, who is in charge of the investigations into News International, told the Leveson Inquiry she believed The Sun had established a “network of corrupted officials” inside the police, the armed forces and other key public organisations. No one from The Sun or the News International has yet been charged with an offence.

Another source said the company’s handling of the crisis had been “disastrous”. He added: “This all appears to be an attempt to save James Murdoch.” Murdoch Jnr, who was in charge of News International during the phone-hacking crisis and the alleged cover-up, resigned as executive chairman last week and moved to New York.

Today, former Scotland Yard commissioner Lord Condon told the Leveson Inquiry into the phone hacking crisis that he was “very disappointed” by events at the Met.

“I have been concerned by some of the issues that have emerged and had I still been involved in the Service I would probably be very angry,” he said.

He described the “history of police malpractice” as “cyclical” and called for Lord Justice Leveson, who is this week looking at relations between the Met and the media, to suggest “enduring” reforms to the relationship between the press and the police.

Lord Condon, who led the Met in the Nineties, said: “The history of police malpractice goes: scandal, inquiry, remedial action, relaxation, complacency, scandal, inquiry and that’s been on about a 20-year cycle.”

[Sabrina]

Yet more coming to the surface...

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9136132/British-banks-hit-by-new-mis-selling-scandal.html
10 March

British banks hit by new mis-selling scandal

All of the UK's major banks, including Barclays and HSBC, as well as taxpayer-backed lenders Lloyds Banking Group and Royal Bank of Scotland, are facing legal action which could lead to billions of pounds of damages for small and medium-sized businesses.
The businesses claim the banks profited at their expense from pushing them to take out highly complex interest rate derivatives.
Many of the claimants spoken to by The Sunday Telegraph said they were not aware of the significant costs attached to the products that were supposed to protect loans from upward movements in interest rates.
When interest rates plunged after the 2008 financial crisis, businesses were left facing significant bills, with some of the derivatives costing business owners hundreds of thousands to millions of pounds.

[Sabrina]

3/10/12 (TURKEY) Deputy CEO of Turkish lender Garanti Bank Tolga Egemen quits
http://goo.gl/vAMzV


3/09/12 (BERMUDA) MD of Vestar Capital Partners Sander Levy resigns from board
http://tinyurl.com/6vj6bkl


3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan to leave the bank.
http://tinyurl.com/6n4m7h3


3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns, also from Freedom Group Inc.
http://goo.gl/9uKVx


3/09/12 (SOUTH AFRICA) African Bank Investments Ltd. company secretary Yashmita Mistry resigns
http://goo.gl/tHRH4


3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous steps down
http://goo.gl/5Ti2p


3/09/12 (UK) Deutsche Bank PWM UK head Martyn Surguy quits
http://tinyurl.com/79feuof

9th and 10th March resignations via Facebook resignations site.

3/09/12 (UK) Alexis de Rosnay co-head of Lazard investment banking, quits
http://tinyurl.com/85jevkh


3/09/12 (HONG KONG) BofA Merrill Lynch debt capital market banker Leonard Ng resigns
http://tinyurl.com/6tehyfw


3/09/12 (SOUTHEAST ASIA) BofA Merrill Lynch debt capital market banker Jimmy Choi resigns
http://tinyurl.com/6tehyfw


3/09/12 (SOUTHEAST ASIA) BofA Merrill Lynch debt capital market banker K.J. Kim resigns
http://tinyurl.com/6tehyfw


3/09/12 (NZ/AUSTRALIA) CEO of St George bank (subsidiary of Westpac) Rob Chapman leaves
http://tinyurl.com/6tyvq7e


3/09/12 (USA) REIT Corporate Office Properties Trust CEO Randall M. Griffin to leave
http://tinyurl.com/7359xbf


3/09/12 (MONGOLIA) Mongol Bank president Alag Batsukh resigned
http://goo.gl/RDmNx

[Sabrina]

Merv. seems to be speaking out:

http://www.investmentweek.co.uk/investment-week/news/2158592/king-banks-denial-restructuring

King: Banks in denial and need restructuring

Bank of England governor Mervyn King has launched a stinging attack on British banks, stating the industry has failed to heed "very real and wholly understandable" public animosity towards them.


King said banks are in denial over their failure to deal with the financial crisis, with their lack of remorse the main factor behind the public's growing resentment.
Speaking to the Sunday Times King said the industry has failed to ‘face up' to their own failures, following another round of bumper payouts to bank bosses in the last few weeks.
King notes public anger towards bankers' bonuses comes at a time of austerity for the majority of the country, when many are being told to cut back in the face of rising bills and shrinking or stagnant wages.
"I think it is because they (bankers) found it very, very difficult to face up to the failure of their banking model," he told the Sunday Times.

"That model needs to be restructured."

He added market discipline cannot apply to everyone except banks.
His comments come shortly after Barclays revealed its boss Bob Diamond received £17m in pay and shares in 2011.

[Sabrina]

http://www.guardian.co.uk/law/2012/mar/11/uk-bill-of-rights-kenneth-clarke
UK 11 March

Bill of rights commissioner resigns over bypass of Commons
Michael Pinto-Duschinsky claims commission set up by Ken Clarke and Nick Clegg has sidelined parliament and the PM

A government commission set up to examine the establishment of a British bill of rights has "sidelined parliament and the prime minister", one of the commissioners has said after his resignation.

Michael Pinto-Duschinsky said he was forced to resign because of his belief that the UK parliament, rather than the European court of human rights, should have the final decision on issues of human rights. He claimed his fellow commissioners were ignoring the prime minister's desire to reassert the sovereignty of Westminster over the European court.

[Sabrina]

Well that's a possible pending one then :).

http://news.egypt.com/english/permalink/90963.html

Egyptian Government won’t resign, says official

A senior official has said that the government of Prime Minister Kamal al-Ganzouri would not tender its resignation because of the attack on it by members of Parliament.

MPs had called for withdrawing confidence from the government against the backdrop of the NGO illegal funding issue.

The official also said that the military council did not ask the government to resign, and that Ganzouri seeks to curb the anger of the MPs by responding to some of their demands, especially the release of Sheikh Omar Abdel Rahman, leader of Jama’a al-Islamiya, who is imprisoned in the United States.

He added that a limited cabinet reshuffle might take place, changing two unspecified ministers, should Freedom and Justice Party MPs escalate their rhetoric.

A parliamentary session dedicated to questioning the government regarding why foreign defendants in the NGO case were allowed to leave the country before their trial was canceled after no representatives of the government planned on attending.

According to Egypt's system of government, only the military council has the right to discharge and appoint cabinets.

A vote of no-confidence would complicate the whole transitional period three months before the generals return to the barracks. Fears surfaced that toppling the government would make it difficult for Egypt to get the a $3.2 billion loan it has requested from the IMF.

[Sabrina]

There also seems to be something in it that more resignations re: corruption/suppression etc. are being pushed for - some with backgrounds of some years - so is this all energetically being forced to the surface? Just two possible examples:


USA
Under Pressure Two more congressmen hit Holder for Fast and Furious, 120 now want resignation
DailyCaller ^ | 3/12/3012 | Matthew Boyle
Posted on 12 March 2012
http://www.freerepublic.com/focus/f-news/2857809/posts

Republican Reps. Reid Ribble of Wisconsin and Bob Goodlatte of Virginia have signed on to a House resolution of “no confidence” in Attorney General Eric Holder over his role in Operation Fast and Furious.

With their signatures, a total of 120 U.S. House members have now either publicly demanded Holder’s resignation, expressed no confidence in his job performance via a formal House resolution, or both.

(Fast and Furious info. here: http://www.nytimes.com/2012/01/31/us/politics/operation-fast-and-furious-report-by-democrats-clears-obama-administration.html)

INDIA
BJP demands Omar’s resignation with ‘dignity’
12 March 2012

Jammu: The BJP today demanded Jammu and Kashmir Chief Minister Omar Abdullah‘s resignation from the post with “dignity” for the state government’s mis-governance and rampant corruption .

“Omar should step down from the post of the Chief Minister with dignity. As a Chief Minister, he has utterly failed to provide good governance and check highest degree of corruption,” BJP state chief Shamsher Singh Manhas told a public gathering in Trikuta Nagar area here

http://www.jaintv.com/2012/03/12/politics/bjp-demands-omars-resignation-dignity/

¤=[Post Update]=¤

OK this is a resignation and an 'out of the blue' one:

Singapore

http://www.oyetimes.com/news/108/19501-ndp-chief-resigns-for-personal-reasons

NDP chief resigns for personal reasons

Colonel Nelson Yau, the Chief of National Day Parade, Chief Guards Officer, and the commander of the 21st Division of Singapore Armed Forces has resigned out of the blue stating the reason of resignation as “personal” on Monday.

News have hit analysts and senior officials of SAF in a surprising manner as the commander resigned only five months prior to the annual parade which was to celebrate 46th anniversary of the national services of the country this year. Several rumours started to circulate as the NDP chief announced his resignation, which cooled down a bit today when he mentioned the reason of resignation to be personal affairs.

Ministry of Defence did not make an official announcement for his resignation despite Yau handing over his resignation last week to the concerned officials of MINDEF.

[modwiz]

I really enjoy this thread, Sabrina. Thank you for all of the energy and time you devote to it. Your diligence is much appreciated by me and others as well.

[Sabrina]

Swings and roundabouts or more?

http://www.financeasia.com/News/293300,six-debt-bankers-quit-boa-merrill-en-masse.aspx


Six debt bankers resigned at Bank of America Merrill Lynch en masse on Friday, leaving the firm shortly after bonuses were paid out two weeks ago.
After months of speculation, Jimmy Choi, KJ Kim and Leonard Ng resign from BoA Merrill — along with an associate and two analysts — and are rumoured to be headed for ANZ......
ANZ was ranked 27th in Asia-ex Japan G3 markets late last year.......Nonetheless, BoA Merrill has struggled to maintain its league table positions for Asian dollar debt excluding Japan.

[Sabrina]

Mar-08-2012
Top Afghan Advisor Resigns over Differences with Karzai

Salem-News.com
There are increasing doubts on whether Washington and Kabul will be able to reach a long-term Strategic Partnership Agreement; US-Afghanistan relations have been heavily strained in recent weeks.

A top Afghan advisor has reportedly resigned over disagreements on a strategic partnership deal that will set the framework for continued US presence in Afghanistan beyond 2014, Press TV reports.

Reports say National Security Adviser Rangin Dadfar Spanta has submitted his resignation letter to Afghan President Hamid Karzai, though his resignation has not yet been accepted.

It is widely believed that resignation of Spanta, a former foreign minister, was part of an effort to pressure Karzai into a compromise on the Strategic Partnership Agreement.

Karzai is against two of the most contentious issues being negotiated -- the night-time raids and the US transfer of detention facilities to Afghan government control.

An Afghan official said on Tuesday that the United States is persistently pressuring President Karzai to submit to the deal.

[Daozen]

Michael Pinto-Duschinsky said he was forced to resign...

He's gotta be an illuminatus with a name like that...

[Bryn ap Gwilym]

Resignation's happen all the time due to any given reason from retiring to spitting out the dummy. It then becomes apparent to certain people in authority that their so called allies are in the habit of stabbing each other in the back as they are now jockeying for a better position on the gravy train.
Yes corruption will be revealed. This is usually the result of a single loyal individual who has been chipping away over many years only then to uncover a huge can of worms. Other like minded loyal people from other areas will then be revealed and indirectly an alliance will be forged.


My last comment stands and cannot be swept aside or dismissed so easily.

[KosmicKat]

...Yes corruption will be revealed. This is usually the result of a single loyal individual who has been chipping away over many years only then to uncover a huge can of worms. Other like minded loyal people from other areas will then be revealed and indirectly an alliance will be forged.


Then what happens?

[Bryn ap Gwilym]

http://www.guardian.co.uk/law/2012/mar/11/uk-bill-of-rights-kenneth-clarke
UK 11 March

Bill of rights commissioner resigns over bypass of Commons
Michael Pinto-Duschinsky claims commission set up by Ken Clarke and Nick Clegg has sidelined parliament and the PM

A government commission set up to examine the establishment of a British bill of rights has "sidelined parliament and the prime minister", one of the commissioners has said after his resignation.

Michael Pinto-Duschinsky said he was forced to resign because of his belief that the UK parliament, rather than the European court of human rights, should have the final decision on issues of human rights. He claimed his fellow commissioners were ignoring the prime minister's desire to reassert the sovereignty of Westminster over the European court.

Is this a prime example of the dummy being spat out?

There are those in parliament who are trying to scrap human rights and if it wasn't for the EU then its just possible that Briton would now be in lock-down mode. The picture is not as black 'n' white as people aree made to believe.
Home Secretary: scrap the Human Rights Act (http://www.telegraph.co.uk/news/politics/8801651/Home-Secretary-scrap-the-Human-Rights-Act.html)

[Bryn ap Gwilym]

...Yes corruption will be revealed. This is usually the result of a single loyal individual who has been chipping away over many years only then to uncover a huge can of worms. Other like minded loyal people from other areas will then be revealed and indirectly an alliance will be forged.


Then what happens?

Hypothetically, their own laws are used against them as they are brought to court, quickly followed by gagging orders on their part. This is a lengthy process which in turn can reveal the full extent of of corruption within the justice system and within other parties if any. The chances of any alleged corruption being televised or ending up in the media is nigh on Nil while a court case is pending? What does end up being reported by the media I would find suspect and question the agenda of who is behind the reports, because of the gag orders which should be in place.

Who and What is behind the leak of info?

[aranuk]

I really enjoy this thread, Sabrina. Thank you for all of the energy and time you devote to it. Your diligence is much appreciated by me and others as well.

Yes me too. Thank you Sabrina for making it easy for us. You put a lot of work into keeping us informed and up to date with all the happenings.

Stan

[DreamsInDigital]

I concur Stan and Modwiz, I don't agree with Bryn at all btw. I think there is a whole lot more to this than just "restructuring", the high amount of resignations across the globe, SOMETHING significant is happening and it's not just the tanking of the global economy ship going down either.

Thank you Sabrina for your dedication and persistence in this thread, I check it at least couple times daily to see the update when I have time to visit the board. :) :hug:

[RunningDeer]

Its also that time of year that resignation's are the norm as election's from local to national governments are taking or about to take place. Officials / board members swapping from one committee to another is nothing new as they are all jockeying to safeguard their new place on the ladder.

Is it then a coincidence that these resignation's are coinciding with various levels of govt elections?
Is it also possible that certain folk are taking advantage of this annual / decade job fest & turning it into some bizarre, seedy & juicy phenomenon that's fits snuggle into their own agenda?

Yes there is shuffling going on, but from what I can see, its not what folk via the truth movement are being told.

Until the likes of Tony B_Liar, Bush & many many more are arrested & the war machine retreats instead of advancing like they are, then I am nowhere near convinced by any of these resignation's.

A number of the government resignations are through corruption accusations at the moment - or through an unwillingness to play the game any more. I don't bother to post resignations if people are going onto do other jobs etc. Personally, I think that in the past corruption would have been ignored or not discovered. At the moment, I think a great deal of untruths are coming to the surface to be dealt with - increase in energetic frequencies or nudgings from white hats or the truth coming out to be transmuted - but the levels and lack of solid reasons or the corruption uncovered are unusual to say the least.

Hello Sabrina,

I admire your thought processes and devotion. This is a great one-stop-shopping place! I can't say it enough: thank you for doing something that is overwhelming to me. Your work as assisted in quelling fear that I've held onto for far too long.

With heart,
WhiteCrowBlackDeer

[gypsybutterflykiss]

i know that this might not have anything to do with this thread, but maybe it does. i dreamed this morning that a bank of America plane crashed and burned in a small town.
when i called 911 they told me this one just has to burn.

:)

[Sabrina]

12 March
KANSAS CITY, Mo. -- Jackson County's prosecutor wants a jury to decide whether a Kansas City bishop was required by Missouri law to tell police about suspected child pornography found on a priest's laptop computer......

Finn is the highest-ranking Catholic official in the U.S. to face criminal prosecution related to the church's sexual abuse scandal. He has pleaded not guilty to the charge.

Read more: http://www.kmbc.com/news/30659336/detail.html#ixzz1ovfwEI5v

[Sabrina]

http://money.cnn.com/2012/03/11/markets/bondcenter/interest-rate-manipulation/index.htm?iid=HP_LN&hpt=hp_t2
11 March
Big banks at center of interest rate probe


NEW YORK (CNNMoney) -- It affects everything from mortgages to credit cards to student loans, and now some of the world's biggest banks are at the center of a criminal investigation into whether they manipulated it for their own benefit........
Last week, the Justice Department said in a letter to a federal judge that it was conducting a criminal investigation of alleged Libor manipulation. Officials in Switzerland, Canada and the United Kingdom are also looking into the issue, according to disclosures in several banks' public filings.

In addition, a number of banks, including Bank of America (BAC, Fortune 500), Citigroup (C, Fortune 500), HSBC, JPMorgan (JPM, Fortune 500) and Credit Suisse (CS), are defendants in a U.S. civil case brought by investors -- ranging from mutual funds to individual traders to the city of Baltimore -- who say they lost profits due to Libor distortion as far back as 2006.
Law enforcement officials and the banks targeted in the suit either declined to comment or did not respond to requests for comment.

[Sabrina]

http://nesaraaustralia.wordpress.com/2012/03/12/126-list-of-ministers-resigned/

12 March
Resignations of 126 ministers across the world here.

[Sabrina]

http://www.writebyte.net/writebyte.dll/GetPage?PageId=jump

What the bleep's going on - one man's thesis...

[Sabrina]

http://rt.com/news/al-jazeera-loses-staff-335/

Al Jazeera exodus: Channel losing staff over ‘bias

Key staff from Al Jazeera’s Beirut Bureau have resigned citing “bias” in the channel’s stance on the conflict in Syria.....
Bureau Managing Director Hassan Shaaban reportedly quit last week, after his correspondent and producer had walked out in protest.

[Sabrina]

http://www.abndigital.com/page/news/kenya-market-news/1757890-BIDBS-Development-Bank-of-Southern-Africa-Limited-Resignation-of-DBSA-Chief

BIDBS - Development Bank of Southern Africa Limited - Resignation of DBSA Chief
Posted Mon, 12 Mar 2012

Development Bank of Southern Africa Limited - Resignation of DBSA Chief Executive Officer Development Bank of Southern Africa Limited

[Sabrina]

http://english.irib.ir/news/political/item/89027-twelve-jordanian-mps-resign-in-protest-to-corruption

Monday, 12 March 2012 12:52

Twelve Jordanian MPs resign in protest to corruption

Twelve Jordanian lawmakers have resigned in protest to the corruption within the Jordanian government.

According to German news agency, this mass resignation of Jordanian lawmakers took place after the Jordanian Parliament, last Wednesday, rejected the call of one of parliamentary committees for judicial inspection of the former Jordanian premier, Marouf al-Bakhit, who is charged with illegal sales of a phosphate-producing company to the Bruneian government.

As of January 2011, the Jordanian people have also held peaceful demonstrations, demanding political and economic reforms and an end to corruption in Jordan.

¤=[Post Update]=¤

http://www.siasat.com/english/news/himachal-minister-resigns

Shimla, March 12:
Himachal Pradesh Health Minister Rajeev Bindal, facing allegations of corruption from the opposition Congress, denied the charges but Monday submitted his resignation to Chief Minister Prem Kumar Dhumal.

Refuting the allegations of "amassing immovable assets", Bindal told the state assembly: "I am resigning from the cabinet."

Earlier, pandemonium prevailed in the house over the assets allegedly acquired by Bindal and his family since he became minister in January 2008.

After disrupting the house during the question hour, the Congress legislators staged a walk out.

[Sabrina]

http://www.telegraph.co.uk/news/worldnews/silvio-berlusconi/8878422/Silvio-Berlusconi-promises-to-resign.html
12 March
Silvio Berlusconi promises to resign

Italian Prime Minister Silvio Berlusconi has agreed to resign after his proposed economic reforms are approved by the country's parliament.

Exactly when Mr Berlusconi will hand in his resignation and bring to a close his 17 years in the political limelight was unclear last night.
The Italian Senate, the upper house of parliament, is due to vote on the package on Nov 15, but if it is approved it would then have to go before the Chamber of Deputies, the lower house, where Mr Berlusconi no longer holds a majority.

[Sabrina]

http://www.guardian.co.uk/law/2012/mar/11/uk-bill-of-rights-kenneth-clarke
UK 11 March

Bill of rights commissioner resigns over bypass of Commons
Michael Pinto-Duschinsky claims commission set up by Ken Clarke and Nick Clegg has sidelined parliament and the PM

A government commission set up to examine the establishment of a British bill of rights has "sidelined parliament and the prime minister", one of the commissioners has said after his resignation.

Michael Pinto-Duschinsky said he was forced to resign because of his belief that the UK parliament, rather than the European court of human rights, should have the final decision on issues of human rights. He claimed his fellow commissioners were ignoring the prime minister's desire to reassert the sovereignty of Westminster over the European court.

Is this a prime example of the dummy being spat out?

There are those in parliament who are trying to scrap human rights and if it wasn't for the EU then its just possible that Briton would now be in lock-down mode. The picture is not as black 'n' white as people aree made to believe.
Home Secretary: scrap the Human Rights Act (http://www.telegraph.co.uk/news/politics/8801651/Home-Secretary-scrap-the-Human-Rights-Act.html)

I wouldn't personally put any faith into the EU protecting our liberties. As with any other thread, we're all going to have our own interpretations of these resignations (and also a substantial amount of fraud allegations). Reckon that intuition is a pretty good thing to have at this time - plus various members different experiences and backgrounds.

[Sabrina]

i know that this might not have anything to do with this thread, but maybe it does. i dreamed this morning that a bank of America plane crashed and burned in a small town.
when i called 911 they told me this one just has to burn.

:)

Well the Nesara lot (or some followers) are talking about a new currency coming in today or tomorrow - so who knows :)

[Daozen]

Do people think there's any truth to NESARA? It sounds cool but they've bee talking about 'imminent announcements" for years. So I don't know what to believe... What's John MacHaffie's track record? He seems great as well, but I'm not sure how reliable his info has proven in the past.

Best just switch off the net and trust my gut.

[Sabrina]

http://www.rechargenews.com/business_area/finance/article307139.ece

Eldrup quits as boss of offshore wind pioneer Dong Energy

Anders Eldrup has unexpectedly resigned as chief executive of Denmark’s Dong Energy, the world’s leading offshore wind developer, with chief financial officer Carsten Thomsen to take the helm for the time being.

During his 11 years as chief executive, Eldrup, a former civil servant, oversaw Dong’s transformation from managing Denmark’s North Sea oil and gas resources into a major European utility, and a pioneer in the offshore wind sector.

[Sabrina]

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html

Kabuki's list now at 320.

3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns
http://goo.gl/hevqh
3/12/12 (USA CA) California’s Department of Financial Institutions, commissioner William Haraf resigned. The DFI did not say why he is leaving.
http://goo.gl/zquTc
3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits
http://goo.gl/LDz9b
3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April.
http://goo.gl/4DF6i
3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.
http://goo.gl/SUHqW
3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders.
http://goo.gl/z19wH
3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.
http://goo.gl/yX4xo
3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser
http://goo.gl/1K9zV
3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.
http://goo.gl/lvzgC

[Tarka the Duck]

Thanks for your research and updates, Sabrina! Much appreciated ;)
Kathie