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Thread: Massive Bank and High Profile Resignations Across the World

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    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.time.com/time/photogaller...779304,00.html

    Pix of scared stock traders.. ahhh...
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.irishexaminer.com/ireland...on-197604.html
    Ireland

    HRI to restructure following resignation
    By Conor Ryan

    Saturday, June 16, 2012

    Horse Racing Ireland has announced a significant restructuring of its marketing subsidiary in the wake of the resignation of a senior director over breach of ethics concerns.

    Michael O’Hagan resigned as CEO of Irish Thoroughbred Marketing on Monday after HRI initiated a second disciplinary inquiry against him for private deals involving his wife, Josephine O’Hagan, and ITM’s Chinese clients.

    Mr O’Hagan also left the role of director of international affairs and communications at HRI.
    more at link
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.independent.co.uk/news/uk...s-7855271.html
    16 June


    Murdoch pressured Blair to rush into Iraq war, says Campbell in diaries

    Spin doctor's claims in latest book contradict media mogul's evidence at Leveson Inquiry



    Rupert Murdoch launched an “over-crude” campaign to force Tony Blair to speed up Britain's entry into the Iraq war, according to the final volume of Alastair Campbell's diaries.

    Mr Blair's former communications director accuses the media mogul of being part of a drive by American Republicans to drag Britain into the controversial war a week before the House of Commons even voted to approve the intervention in 2003.

    The claim is explosive because it appears to contradict Mr Murdoch's evidence to the Leveson Inquiry. The News Corp chief told Lord Justice Leveson in April: "I've never asked a prime minister for anything."

    It is the second time that claim has been contested. Sir John Major, the former Prime Minister, told the inquiry this week that Mr Murdoch threatened to withdraw the support of his newspapers for his Government unless it took a tougher stance on Europe.

    Mr Campbell's book, based on his extensive diaries during his 10 years working for Mr Blair, claims: "[Tony Blair] took a call from Murdoch who was pressing on timings, saying how News International would support us, etc.

    "Both TB and I felt it was prompted by Washington, and another example of their over-crude diplomacy. Murdoch was pushing all the Republican buttons, how the longer we waited the harder it got....TB felt the Murdoch call was odd, not very clever."

    Mr Murdoch is expected to stand by his evidence to the inquiry. His company believes there was nothing improper about his phone call to Mr Blair – one of three during that period previously revealed by The Independent – because the support of The Sun and News of the World for the war was well known.

    In The Burden of Power: Countdown to Iraq which is being serialised in The Guardian, Mr Campbell casts doubt on Gordon Brown's claim to the Leveson Inquiry this week that he was not aware his close allies were trying to push Mr Blair out of Downing Street to that he could take over.

    According to Mr Campbell, Mr Brown agitated aggressively against Mr Blair, demanding a departure date soon after the 9/11 attacks in the US. He claims that Downing Street concluded in 2002 the then Chancellor was "hell-bent on TB's destruction".

    The book says Mr Brown and Ed Balls, his chief economic adviser at the Treasury, were suspected of plotting against Mr Blair.

    Alan Milburn, the Blairite Health Secretary, told the then Prime Minister that Mr Brown encouraged MPs to defy a government three-line whip to vote against his plans for foundation hospitals in 2003.

    One charge that Mr Brown might accept is that he and Mr Balls "thwarted" Mr Blair's attempt to take Britain into the euro. Mr Campbell wrote in 2003: "Things just hadn't worked on the euro and TB was pretty fed up... The judgment was settling that GB had basically thwarted him. TB feared we were making the wrong decision for the wrong reasons."

    * Paul Jenkins, the lawyer who gave legal approval for Jeremy Hunt to oversee Rupert Murdoch's attempted takeover of BSkyB, is knighted today.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    At least some of the probable long time corruption is getting a public airing re: the Olympics - things just keep coming to the surface... Perhaps nobody wants the tickets in view of all the false flag claim.

    http://www.bbc.co.uk/news/uk-18475110

    17 June

    London 2012: IOC begins Olympics tickets investigation


    The International Olympic Committee has begun an investigation into claims Olympics representatives were willing to sell thousands of tickets for the London Games on the black market.

    The IOC's ruling executive board met after fresh claims by the Sunday Times involving more than 50 countries.

    This included allegations that tickets for top events were available for up to 10 times their face value.

    The IOC has referred the allegations to its independent ethics commission.

    The newspaper submitted a dossier of evidence detailing claims that Olympic officials and agents had been caught selling thousands of tickets on the black market for up to 10 times their face value, says BBC Sports News correspondent James Pearce.

    The IOC could also review how Olympic tickets are distributed among member countries - more than one million were distributed to those taking part in the Games.

    The Sunday Times alleges, during a two-month investigation in which reporters posed as Middle Eastern ticket touts, it found corruption involving people representing 54 separate countries.

    More than one million London 2012 tickets were distributed abroad among all the nations taking part in the Games, but the IOC has strict rules to try to combat touts.

    National Olympic committees must ensure that their allocation is only sold within their own region.

    Last month a senior Ukrainian Olympic official resigned after being filmed by the BBC offering tickets for cash.

    'Strongest sanctions'
    The IOC said in a statement: "The International Olympic Committee (IOC) has moved quickly to deal with allegations that some National Olympic Committees (NOC) and Authorised Ticket Resellers (ATR) have broken rules relating to the sale of Olympic tickets.

    "The IOC takes these allegations very seriously and has immediately taken the first steps to investigate.


    more at link


    False flag claims here - but I'm staying out of the 'fear'...


    Oh my ears and whiskers, how late it's getting!

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  9. Link to Post #1125
    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.telegraph.co.uk/finance/f...-the-euro.html

    17 June

    Greek election results soon - which way will the dominoes fall? All planned by tptb or the universe fighting back (with the New Moon on 19th and Solstice on 20th bringing in new energies? Let's see. Here is what the main stream media says might happen:


    What would happen to Greece if it left the euro

    Greece's future in the eurozone will be determined in this Sunday's crucial election. The prospect of a Greek exit from the single currency has troubled investors for months, knocking confidence and triggering steep losses on stock markets. The fallout will be widespread, hitting banks, stock markets and business across the eurozone and beyond. Here we break down some of the areas vulnerable to the impact of a Greek exit from the euro.

    The Greek economy
    The first place to feel the full force of a Greek exit from the euro is the country itself. Greece's banks would face collapse as the value of the re-introduced drachma will plunge and Greeks rapidly withdraw their savings. The country and its people will find it close to impossible to borrow and political turmoil will hit the streets.

    The banking sector
    A run on Greek banks is likely as the country's people will want to avoid having their euros converted to drachma or their savings frozen. The same could happen to banks in countries which have lent heavily to Greece, such as France. This could trigger a domino effect, or contagion as it has been called, which could spread to banks in non-eurozone countries, including the UK. This would see banks turning to central banks for support, but governments may not have the money required.

    Stock markets
    Stock markets, including London's FTSE 100 Index, have suffered steep losses due to fears over the future of the eurozone and a possible Greek exit from the euro has been a major part in this. Investors have pulled out of riskier stocks, such as banks and miners, and ploughed into traditional safe havens, such as the US dollar or gold. Some analysts have forecast major declines on equity markets if Greece exits the euro. Societe Generale predicts a 50pc slide on the key eurozone index DJ Euro Stoxx 50.

    Currency
    If Greece does exit the euro, a new drachma currency will have to be formed by the new government. The new administration would have to produce enough new notes to replace those currently in use in Greece. It is likely the government would impose some form of capital control in the early days of launching a new drachma, limiting the amount people can withdraw to avoid a massive run on banks. Analysts have predicted that the value of a new drachma would plummet once such capital controls are removed. There would also be material considerations such as where the notes would be produced, what they would look like and who would manufacture them. UK company De La Rue, which makes notes for the Bank of England, has reportedly been drawing up contingency plans for the production of a new drachma.

    Eurozone and beyond
    A Greek exit from the euro could trigger a deep and long recession in the eurozone and possibly beyond. The impact on banks, currency markets, businesses and government finances would all weigh on growth. The UK is already in recession, which the Bank of England and Treasury has put down to the impact the eurozone crisis has had on the country's finances.

    Public finances
    The borrowing costs for governments across the eurozone are likely to soar if Greece exits the euro. This is because the move will set a precedent that such an exit is actually possible and will therefore rattle investors' confidence in other eurozone countries. This will be particularly the case for already vulnerable nations such as Portugal, Italy, Ireland and Spain. Higher borrowing costs mean countries affected could struggle to pay for public services, and lead to these countries seeking bailouts from the European Union rescue fund, but this is already under a massive strain. However, perceived safe haven governments, such as the US and UK, would see their borrowing costs fall further.

    Politics and society
    Riots have frequently hit the streets of Athens in the past few years as anger over strict austerity measures demanded for the country escalates. The economic turmoil faced by the country - if it remains in the single currency or not - is likely to provoke further protests in the months or years ahead. The political backlash could spread beyond Greece as other eurozone countries suffer and people hold politicians to account.

    Exports and tourism
    As the euro and the new drachma would likely devalue rapidly, one benefit from such an event would be the positive effect on both eurozone and Greek exports and tourism. The weak value of the euro and drachma would make both more appealing to the rest of the world, boosting trade and attracting more holidaymakers. However, on the flipside it would make the rest of the world less competitive and could hit growth in the UK, US and even emerging powerhouse markets including China.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Mastermind behind GROM special services found dead

    Brigadier General Slawomir Petelicki, responsible for the formation of the GROM special services unit in the 1990s, was found dead at his apartment, Saturday, with bullet wounds to the head.
    Full story here: http://www.thenews.pl/1/9/Artykul/10...ces-found-dead

    Nobody in Poland believes it was a suicide. People are saying that "serial suicide" has struck again.

    Petelicki was in disagreement with present "management board" of Poland. He revealed embarrassing text messages sent by PM to government members instructing what to say after plane crash at the Smolensk military airport in Russia in 2010. All 96 people onboard had died then along with Polish President, chief of the National Bank, millitary commanders and other high rank officials. The official cause of crash: fog, collision with a birch and sloppy performance of the plane's unexperienced crew. It seems not everything can be explained by "official" report. Alternative analysis point to two explosions during the approach.

    Poland has a long history of unexplained deaths Everyone trying to explain them ads his name to that list...
    Last edited by Robert J. Niewiadomski; 18th June 2012 at 03:45. Reason: changed number of casulties in the crash from 99 to 96
    Best wishes and free energy to all
    Robert

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  13. Link to Post #1127
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Robert J. Niewiadomski (here)
    Mastermind behind GROM special services found dead

    Brigadier General Slawomir Petelicki, responsible for the formation of the GROM special services unit in the 1990s, was found dead at his apartment, Saturday, with bullet wounds to the head.
    Full story here: http://www.thenews.pl/1/9/Artykul/10...ces-found-dead

    Nobody in Poland believes it was a suicide. People are saying that "serial suicide" has struck again.

    Petelicki was in disagreement with present "management board" of Poland. He revealed embarrassing text messages sent by PM to government members instructing what to say after plane crash at the Smolensk military airport in Russia in 2010. All 96 people onboard had died then along with Polish President, chief of the National Bank, millitary commanders and other high rank officials. The official cause of crash: fog, collision with a birch and sloppy performance of the plane's unexperienced crew. It seems not everything can be explained by "official" report. Alternative analysis point to two explosions during the approach.

    Poland has a long history of unexplained deaths Everyone trying to explain them ads his name to that list...
    That plane crash was a truly blatant odd event, which I believed was filmed by various people on mobile phones at the time. Such an apparently blatant attack on a nation and so little noise in any of the media.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    So what's happening in the euro zone? Mixed messages. Initial market rally after the vote to accept a bailout and now market wobble. Positive news to be discouraged by the look of it. What a game is going on!!


    http://www.bbc.co.uk/news/world-europe-18490930

    8 June 2012

    Antonis Samaras begins urgent Greece coalition talks

    The leader of the party that narrowly won Greece's election has begun urgent talks to form a coalition, saying he wants to forge a "national consensus".

    New Democracy's Antonis Samaras met leaders of the other two largest parties, but no deal on a coalition has yet been announced.

    Mr Samaras says he will seek changes in the terms of a bailout agreement reached with the EU and IMF.

    Market responses to the poll result were mixed and bank stocks plummeted.

    Mr Samaras called for a "national understanding" as he met President Karolos Papoulias earlier to be given a formal mandate.

    Under the constitution, Mr Papoulias has given Mr Samaras three days to form a government.

    Mr Samaras said he believed he could form a working coalition.

    Initial market rallies quickly reversed, suggesting that the election had not been enough to persuade markets that the euro problem was under control.

    Germany's Commerzbank was down 3.6% and France's BNP down 3.3%, with analysts saying much uncertainty remained.

    Spanish government borrowing costs rose to a euro-era high, with 10-year bonds reaching 7.144%.

    The BBC's Mark Lowen in Athens says Mr Samaras will push for a lightening of the bailout terms from Brussels, arguing that Greeks have accepted more pain by electing a pro-bailout party and that Europe should now cut Greece some slack.

    German Chancellor Angela Merkel urged the future government to live up to its obligations, and said any weakening of reform pledges previously made by Greece would be unacceptable.

    "Elections cannot call into question the commitments Greece made. We cannot compromise on the reform steps we agreed on," she told reporters ahead of the G20 summit in Mexico.

    Earlier, German Foreign Minister Guido Westerwelle suggested that the timeframe could be discussed.

    'Best guarantee'
    Mr Samaras met the leader of Syriza, Alexis Tsipras, after talking to the president.

    Mr Tsipras said Syriza would remain in opposition and challenge the government, as his party had "different priorities".
    full story at link
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Listen to Dimon lie with a straight face. One Time Event? Oh, the audacity!



    Love the heckler. Letting them know we're onto them is great.

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Interesting take on common law and the Vatican sent to Kauilapele's blog - backing up some info. from Drake and Fulford:


    http://kauilapele.wordpress.com/

    19 June

    Liberation of the rest of the world after the example of the US and the old Dutch Batavian Republic (or, “Good Things come from Goor”)

    Received this last night from Arend, in the Netherlands. I felt it was to go out this morning. As I do not have a photo of him, I attach a photo from my current location. [UPDATE: see photo of Arend at end of the post... Precious!! Mahalo Arend!]

    Some of you will “get” the message here, and will know what to do with it. To me it gives a path to a vision we are all carrying, which is “Peace and Freedom for this planet… NOW.


    Hi Kauilapele,

    I would like to point you to the research I have done on common law and the principles of declaring independence:

    http://www.tuks.nl/wiki/index.php/Ma...ivineCommonLaw

    In the article, you will find links to the sources I used. What I found out is that current international Civil law and thus *all* the nations operating under this jurisdiction (including the *corporate* US government) ultimately are legally nothing but vassals of the Vatican. In other words: (virtually) *all* nations are run as (de-facto) corporations under the jurisdiction of the Vatican. And that gives some very interesting possibilities:
    ~~~~~~~
    Another part of this story, is the process talked about by a fellow named Drake. He talks about returning the US to common law before Law Enforcement agencies in the US will perform mass arrests of the bankers in the US. In this process, juries are formed (an important feature of common law) in various states, which file some paperwork by which the states declare their independence of the corporate Washington government and return to their original constitution and bill of rights.

    Because of the intriguing nature of this process, I started studying the history of our own constitution and found out that the 1789 constitution of the Batavian Republic is the only Dutch constitution that has been lawfully ratified by the people under common law. All later ones, including the 1801 version under Napoleon, were either illegal or not ratified under the authority of the people but under the authority of someone else. Interestingly, the constitution OF the Batavian Republic (and the 1801 one) were the only constitutions OF The Netherlands. ALL the later constitutions are constitutions FOR The Netherlands and thus OF someone else….

    Further investigations revealed that the authority under which the current Kingdom of The Netherlands legally operates up until today is none less than the Vatican, which gives us some very interesting possibilities to liberate the people of this planet from literally ages of (financial) tyranny under jurisdiction, authority, sovereignty and responsibility of the Vatican.

    One of the most revealing clues on how to do this can be found in the treaty of Paris of 1815:

    The Allied Powers having by their united efforts, and by the success of their arms, preserved France and Europe from the convulsions with which they were menaced by the late enterprise of Napoleon Bonaparte, and by the Revolutionary system reproduced in France, to promote its success;

    What this says is basically that the French and thus Dutch and United States revolutions are a direct and severe threat to the Vatican’s objectives and therefore a blessing to all freedom loving people on this planet, even though the whole French revolution may (initially) have been a kind of false flag operation along the lines set out by Prof. Veith. Either way, here is why these revolutions actually ARE a deadly weapon against the dark Cabal:

    The essential trick for a nation to liberate itself, is to declare a bill of rights and a republican constitution by referendum under common law and under the authority of the people themselves, after the example that has been set in the late 1700s by all three mentioned republics. As far as I am aware, the US did not use a referendum, but the Dutch Batavian Republic definitely did. It may be possible to use some other process, but with a constitution ratified by the people of a nation by referendum there is no question about the legal validity nor authority of said constitution. In other words: NO ONE can legally prevent the people of a nation to declare their independence under common law.

    What this does is that it establishes a new legal entity, a free and really independent Republic, under the jurisdiction of Common Law instead of under the jurisdiction of international civil law, which up to this day still operates under authority and sovereignty of the Vatican. In other words: you now have two DIFFERENT legal entities governing over one and the same country, of which only one is really free and independent and operates under the authority of the People now actually OWNING their land instead of legally STILL being a vassal of the Vatican. The latter STILL being the case for at least all previous colonies of the United Kingdom, France, The Netherlands and Spain as well as ALL of Europe and Russia.

    The other side of this is that the legal entity that still exists as a vassal of the Vatican no longer has any subjects nor any possessions within the now liberated country, BUT it is still burdened with ALL of its obligations and liabilities established under the authority and responsibility of the Vatican. So, these are NOT the problem of the now liberated people, which were after all just subjects ruled under the sovereignty of the Vatican.

    In other words: we now have not only a nice trick to liberate a nation, but also a convenient way to get rid of the problem of nation’s debt, which is now the problem of the Vatican and not of the nation’s self-liberated people.

    How nice!

    What’s even more interesting, is that this process could in principle also be done at a global level by the UN. If the general assembly would make a statement in which they declare the whole planet to be free and independent under Common Law by declaring a bill of rights and a global constitution after the example set by the US and the Dutch Batavian Republic, then all people would be free from suppression by the Dark Cabal. And the burden of ALL global debts established under the authority and responsibility of the Vatican would no longer be the problem of the people of this planet.

    Now THAT would be something I would love to see.
    ~~~~~~~
    It turns out that Benjamin Fulford and his fellowship is aware of this principle, too:

    Yes, we are aware of this. If the US removes the P2 fascist government run via the United States of America corporation, then all US external debts will not have to be paid by the American people. We are trying to bankrupt that war mongering and murdering corporation and their fascist overseers at the P2 Roman empire headquarters. This in no way implies we are opposed to the beliefs held by the majority of Catholics.

    Benjamin Fulford古歩道ベンジャミン
    This P2 lodge can ideed be linked to the Vatican as well as various (international) crimes, as you can read in this paragraph.

    Please spread the word!

    Namaste!
    Arend Lammertink, MSc.
    Goor, The Netherlands.

    [KP note: to read about the horn, Arend sent this link: http://www.essentialvermeer.com/folk...terhoorn.html]
    Last edited by Sabrina; 20th June 2012 at 06:35.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Assange's intriguing move to avoid extradition and arrest:


    http://www.telegraph.co.uk/news/worl...n-Ecuador.html

    20 June

    Julian Assange: WikiLeaks founder seeks asylum in Ecuador

    Julian Assange, the WikiLeaks founder, is under protection in the Ecuadorean Embassy in London after he sought political asylum following his failed bid to avoid extradition to Sweden on sex crime allegations.


    The 40 year-old Australian, who due to be extradited in just nine days, entered the building in Knightsbridge and requested asylum under the United Nations Human Rights Declaration.

    The founder of the whistle–blowing website, accused his government of “effectively abandoning” him and “ignoring the obligation to protect its citizen, who is persecuted politically".

    His dramatic move came after he lost a long-running legal bid earlier this month to halt his extradition to Sweden, where he is accused of the sex attacks by two former volunteers.

    Officials from the South American nation were considering his request on Tuesday night. Mr Assange would remain “under the protection” of the Ecuadorian embassy in central London in the meantime.

    It comes after Ecuador offered Mr Assange residency in the country in November 2010.

    In a statement, Mr Assange said: “I can confirm that today I arrived at the Ecuadorian Embassy and sought diplomatic sanctuary and political asylum.

    “This application has been passed to the Ministry of Foreign Affairs in the capital Quito.
    "I am grateful to the Ecuadorian ambassador and the government of Ecuador for considering my application."

    Foreign Minister Ricardo Patino, confirmed that officials were seriously considering the request after Mr Assange wrote to President Rafael Correa saying he was being persecuted.

    "Ecuador is studying and analysing the request," he said from Quito.

    He said that Mr Assange had argued that "the authorities in his country will not defend his minimum guarantees in front of any government or ignore the obligation to protect a politically persecuted citizen”.

    He said it was impossible for him to return to his homeland because it would not protect him from being extradited to "a foreign country that applies the death penalty for the crime of espionage and sedition".

    A statement issued on behalf of the embassy said: "While the department assesses Mr Assange's application, Mr Assange will remain at the embassy, under the protection of the Ecuadorian Government."

    "The decision to consider Mr Assange's application for protective asylum should in no way be interpreted as the Government of Ecuador interfering in the judicial processes of either the United Kingdom or Sweden.

    "In order to reach a proper decision in line with international law on Mr Assange's application, the Ecuadorian government will be seeking the views of the governments of the United Kingdom, Sweden and the United States of America.”

    While officials had earlier offered him asylum, but backed off the move, it remains unclear why Mr Assange opted for Ecuador as the country has an extradition treaty to the United States.

    Last month Mr Assange interviewed the country's President as part of his new television series The World Tomorrow.



    In his interview with Mr Correa, the president praised Wikileaks and the subsequent transparency it brought through the release of diplomatic cables.
    The moves came after the British Supreme Court decided last month that extradition was lawful and could go ahead. But Mr Assange was given time to consider the judgment.
    The Swedish authorities want him to answer accusations of raping a woman and sexually molesting and coercing another in Stockholm in August 2010 while on a visit to give a lecture.
    His only legal recourse in Britain is a possible appeal to the European Court of Human Rights.
    It is understood that Assange's legal team had until the end of the month to apply to the Strasbourg-based court, which would have to decide whether or not to hear his claim within a matter of weeks.
    If it rejected it or refused to halt deportation in the meantime, Mr Assange would be put on a plane to Sweden for questioning.
    Mr Assange, whose WikiLeaks website has published a mass of leaked diplomatic cables that embarrassed several governments and international businesses, has argued the sex was consensual while the allegations were politically motivated.
    His legal struggle to stay in Britain has dragged on for the better part of two years, clouding his website's work exposing the world's secrets.
    Mr Assange believes the allegations are politically motivated and could lead to him being sent for trial in the US accused of leaking official secrets.
    He has infuriated the US government by disclosing the contents of thousands of diplomatic cables.

    The former computer hacker gained international prominence in 2010 when WikiLeaks began releasing secret video footage and thousands of US diplomatic cables, many of them about Iraq and Afghanistan.

    Mr Assange, who is currently on £240,000 police bail and had been living with friends at a Norfolk country mansion of a supporter, has not been charged with any offenses in Sweden and denies any wrongdoing.

    The Swedish Prosecution Authority said it had no information.
    A spokesman for the Foreign Office said Mr Assange was now "on diplomatic territory and beyond the reach of the police".
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Latest on the euro and the so called bail outs ...

    http://www.telegraph.co.uk/finance/f...00bn-deal.html

    20 June

    Debt crisis: Spain and Italy to be bailed out in £600bn deal

    European leaders are poised to announce a £600 billion deal to bail out Spain and Italy, it emerged at the G20 summit on Tuesday night.


    Two rescue funds are to be used to buy the debts of the troubled economies, the cost of which have reached record highs in recent weeks.
    It is hoped that the move, which represents a substantial shift in policy for Germany’s chancellor, Angela Merkel, will send a strong signal to financial markets that Europe’s biggest economy is finally prepared to back its weaker neighbours.

    Mrs Merkel and other European leaders have come under intense pressure at this week’s G20 summit to take radical action to stem the growing euro crisis which has pushed up the cost of Spanish bonds to unsustainable levels. The communiqué issued at the end of the G20 summit, which finished in Mexico last night, said that European leaders had agreed to take action to bring down borrowing rates.

    Under the proposed deal, two European rescue funds – the £400 billion (€500  billion) European Stability Mechanism (ESM) and the £200 billion (€250  billion) European Financial Stability Facility (EFSF) – will buy bonds issued by European countries.

    Previously, money in these funds — which has been provided by members of the single currency — has been used to bail out smaller European countries such as Greece, Portugal and Ireland. Governments in these countries were offered money directly in return for agreeing to austerity programmes. Under the new plan, the money in these funds will not be given directly to governments but will instead be used to buy up debts on the financial markets.

    full story at link
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.aljazeera.com/news/middle...851869222.html

    20 June

    Egypt

    Conflicting reports over Mubarak's health
    Military denies earlier reports that Mubarak was "clinically dead", saying deposed president is on life-support machine.


    Hosni Mubarak, the deposed Egyptian leader, has been revived and is on an artificial respirator after he suffered stroke, sources in the interior ministry and from his family told Al Jazeera.

    A lawyer for Mubarak's family told Al Jazeera he was actually unconscious and on a respirator after he was rushed to Maadi Hospital near Cairo from Tora prison hospital.

    Mubarak's wife Suzanne has reportedly arrived at the hospital.

    "We do understand from family sources that Hosni Mubarak is improving," Al Jazeera's Mike Hanna, reporting from Cairo, said. "We believe he is still in a coma."

    "The state TV has now formally reported that he is in an intensive care unit in Maadi military hospital," he said.

    Al Jazeera's Hanna said that earlier there were reports that his heart had stopped and attempts to resuscitate failed.

    Earlier on Tuesday the state news agency, MENA, quoted medical sources as saying that the former president, aged 84, was "clinically dead".

    'Nonsense' cited

    General Said Abbas, a member of the ruling military council, told Reuters that Mubarak had suffered a stroke but added, "Any talk of him being clinically dead is nonsense."

    According to an interior ministry spokesman, he suffered a stroke and his condition rapidly worsened on Tuesday.


    Al Jazeera's Rawya Rageh has been monitoring speculation about Mubarak's health

    State news agency, MENA, had earlier reported Mubarak's transfer to hospital from prison, where it said he had experienced a stroke and been defibrillated.

    State TV earlier said Mubarak was in a "critical" condition and had been placed on a respirator.

    The prison official said doctors reported that he had fallen unconscious, speaking on condition of anonymity because he was not authorised to speak to the media.

    The confusion over the state of health of the former leader came as thousands of Egyptians returned to Cairo's Tahrir Square hoping to reignite the revolution.

    Mubarak was sentenced to a life in prison on June 2 for failing to stop the killing of protesters during last year's uprising against him.

    He was transferred to prison after spending months in a military facility in detention. Officials have since repeatedly reported his health is deteriorating.

    Since his arrival at the prison directly after his sentencing, Mubarak has been suffering from high blood pressure and breathing difficulties and deep depression, according to prison officials.

    ¤=[Post Update]=¤

    http://www.wealthbriefing.com/html/a...Close&id=47311
    20 June

    Resignations From Sarasin's Board Announced As Safra Deal Draws To A Close

    Christoph Ammann, chairman, and Peter Derendinger, board member, will resign from Bank Sarasin’s board when Safra’s purchase of Rabobank’s stake in the Swiss bank has gone through.

    Ammann and Derendinger, the independent members of the board, are expected to step down next month when the deal is predicted to be completed. Safra, the Brazilian banking group, announced its intention to acquire Rabobank’s shares in Sarasin last year.

    The remaining members of the board of directors will then be the two representatives of Rabobank, Sipko Schat and Pim Mol, as well as Hans-Rudolf Hufschmid and Dagmar Woehrl.

    The board will convene an extraordinary general meeting as soon as the transaction has been approved by the Swiss financial market supervisory authority. Sarasin intends to appoint a new board of directors at the EGM.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.zawya.com/story/Munir_Mak...0120620054609/
    20 June

    Munir Makki resigns as MD and president of FinCorp


    Munir A Makki, managing director and president of The Financial Corporation (FinCorp) has resigned from the services of the company, according to a company filing to the Muscat Securities Market (MSM) on Tuesday.

    The company statement said that Makki has resigned from the company for personal reasons and the board has accepted his resignation.

    However, Makki will continue to be a director on the board of FinCorp.

    © Muscat Daily 2012
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.latimes.com/business/la-f...,7763204.story
    19 Jne

    JPMorgan CEO testifies he did not mislead shareholders

    Jamie Dimon faces more congressional heat about JPMorgan's huge trading loss as a financial regulator reveals that the bank's public disclosures are under scrutiny



    WASHINGTON — Facing more congressional heat about JPMorgan Chase & Co.'s huge trading loss, Chief Executive Jamie Dimon said he did not mislead shareholders about the extent of the problems as a financial regulator revealed that the bank's public disclosures were under scrutiny.

    "We disclosed what we knew when we knew it," Dimon told the House Financial Services Committee on Tuesday.

    It was the second time in less than a week that he testified on Capitol Hill about JPMorgan's more than $2-billion trading loss. Dimon faced tougher questions from Democrats and Republicans than he did from the Senate Banking Committee last week as both parties tried to position themselves as the protectors of taxpayers from the risk of future bank bailouts.

    Five financial regulators also testified at the more than four-hour hearing about what went wrong at the bank's Chief Investment Office and why they didn't catch the trouble earlier.

    Securities and Exchange Commission Chairwoman Mary Schapiro said her agency was investigating whether JPMorgan complied with public disclosure rules, specifically regarding changes to how it measures the risk of loss on portfolios.

    In disclosing the huge losses on May 10, Dimon told analysts and reporters that the company had changed its so-called value-at-risk model in the first quarter, Schapiro said. Such changes must be disclosed and the SEC was looking into the extent of that disclosure and whether it was adequate, she said.

    Schapiro wouldn't comment on whether Dimon misled investors in mid-April when he told analysts on a conference call that reports about risky trades emanating from the bank's London office were "a tempest in a teapot."

    But she said executives of publicly traded companies must give accurate information about their finances when speaking in public.

    "If you choose to speak, you absolutely must speak truthfully and completely and not allow yourself to leave any kind of misleading impression from the information that you're putting out," she said.

    Dimon said his comments were "totally a positive, accurate reflection of what I believed at the time."

    "On April 13, I believed it was a tempest in a teapot," he said. "I obviously was dead wrong, and I deeply regret having said it."

    Dimon apologized that JPMorgan's trading loss was distracting Washington officials from fully focusing on the European debt crisis.

    "I'm sorry I've taken up so many people's time with this loss because it is not significant in the global scheme of things," Dimon said.

    He reiterated that the bank was embarrassed by the loss and that it "let a lot of people down and we are sorry for it."

    But he also said the loss should be put into perspective, saying no customer or taxpayer money was lost. JPMorgan would soon report that it was "solidly profitable" in the second quarter, Dimon said.

    Some lawmakers weren't satisfied with the explanation. They questioned why he and other JPMorgan executives had lobbied against new financial rules being drafted by regulators, including one that would mandate more disclosure of derivatives trading done by overseas units.

    "Lobbying is a constitutional right and we have a right to have our voice heard," Dimon said.

    "I'm not questioning your right to lobby," said Rep. Maxine Waters (D-Los Angeles). "I'm questioning what's in the best interest of the American public."

    Rep. Sean Duffy (R-Wis.) asked Dimon how regulators could oversee a huge bank like JPMorgan if they were unable to spot the bank's risky trading before the losses got so large.

    "Are you too big to fail?" Duffy said, warning against future Wall Street bailouts.

    "No, we're not too big to fail," Dimon said.

    But Duffy pressed him on what would happen if the losses by JPMorgan, which has $2.3 trillion in assets, were higher. Asked if it was fair to say the bank could lose more than $500 billion or $1 trillion at some point, Dimon responded, "Not unless this Earth is hit by a moon."


    Oh my ears and whiskers, how late it's getting!

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  31. Link to Post #1136
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Robert J. Niewiadomski (here)
    Mastermind behind GROM special services found dead

    Brigadier General Slawomir Petelicki, responsible for the formation of the GROM special services unit in the 1990s, was found dead at his apartment, Saturday, with bullet wounds to the head.

    Nobody in Poland believes it was a suicide.
    I would say that the word "wounds" is a pretty good indication it was not a suicide. How many times do you get to shoot yourself in the head? It is funny how often many of these kinds of 'suicides' are the result of multiple gunshots to the head.

    Would dead giveaway be too much black humor?

  32. Link to Post #1137
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Cant find anything backing it up but anyway

    Iceland_Dismantles_Corrupt_Govt_Then_Arrests_All_Rothschild_Bankers

    "Not only have they been successful, at overthrowing the corrupt Gov’t, they’ve drafted a Constitution, that will stop this from happening ever again. That’s not the best part… The best part, is that they have arrested ALL Rothschild/Rockefeller banking puppets, responsible for the Country’s economic Chaos and meltdown.

    Last week 9 people were arrested in London and Reykjavik for their possible responsibility for Iceland’s financial collapse in 2008, a deep crisis which developed into an unprecedented public reaction that is changing the country’s direction."
    Last edited by danceblackcatdance; 20th June 2012 at 18:59.
    OOB NOOB

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Now it's London Mayor and Murdoch..

    http://www.independent.co.uk/news/uk...g-7869579.html

    Boris Johnson under fresh pressure over Rupert Murdoch meeting

    Boris Johnson’s links to News International came under fresh scrutiny today after it emerged he had a dinner with Rupert Murdoch days before the Metropolitan Police launched a new inquiry into phone hacking.

    The Mayor of London met Mr Murdoch at his home in London on 24 January 2011, at a key time in the growing pressure on Mr Murdoch’s British newspapers.

    It took place three days after the former News of the World editor Andy Coulson resigned from Downing Street and two days before the Met opened Operation Weeting into illegal voicemail interception.

    The dinner is not declared in the Register of Hospitality placed online by Mr Johnson, whose responsibilities include policing and who previously chaired the Metropolitan Police Authority. full story at link
    Oh my ears and whiskers, how late it's getting!

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    http://www.freedumbnation.com/?p=2835

    June 18, 2012 9:36 pm
    Irish Politicians Demand Their Finance Minister Be Arrested For Attending 2012 Criminal Bilderberg Meeting

    Politicians in Ireland have demanded an account of discussions that the Irish finance minister took part in during his attendance at the 2012 Bilderberg meeting in Chantilly, Virginia earlier this month.

    The Irish Times reports that Minister for Finance Michael Noonan’s appearance in an unofficial capacity at the secretive elite confab cost the taxpayer more than €4,300.

    The report states that a number of Irish TD’s, parliament members, raised Noonan’s Bilderberg trip in parliamentary questions.

    Representatives from Labour, Sinn Féin and the technical group all asked for more information on the discussions that took place behind closed doors and away from media scrutiny in the US.

    Noonan responded to the questions, but provided scant details, simply saying that he had been invited “given my position as Minister for Finance” and “used the opportunity to tell fellow attendees of the opportunities that exist in Ireland for investors and multinational companies.”

    He added that another reason for attending the meeting was to promote the notion that the Irish government has restored economic stability to the country.

    “The Irish people have a right to know what their senior Ministers are saying at a meeting like this, and what stance they are taking on global issues.” said Pat Nulty, a former Labour whip, adding that Noonan’s responses were not sufficient.

    Critics have noted that the recent bailout of Ireland and it’s compliance with the so called troika agenda of the European Central Bank, the European commission and the International Monetary Fund are undoubtedly the key reasons why Noonan’s presence was requested at the meeting.

    In the wake of Bilderberg, it has been rumoured that the three elitist institutions are considering relaxing the terms of the bailout to allow Ireland to return to borrowing on the open market.

    Previously leaked documents from meetings have illustrated how the Bilderberg Group, contrary to the media-generated myth that the confab represents a harmless talking shop, sets the consensus for policy decisions sometimes decades in advance.

    A clear example is the 1955 Bilderberg meeting held in Garmisch-Partenkirchen, West Germany. Documents read by the BBC and later released by Wikileaks divulge how Bilderberg members were discussing the creation of the euro single currency nearly 40 years before it was officially introduced in the 1992 Maastricht Treaty.

    In the US, politicians attending Bilderberg have been charged with violating the Logan Act, a law passed under the John Adams administration in 1799 which states that it is illegal for “unauthorized citizens” to negotiate with foreign governments

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