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Thread: Massive Bank and High Profile Resignations Across the World

  1. Link to Post #161
    United States Administrator ThePythonicCow's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Operator (here)
    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.
    My quite dormant website: pauljackson.us

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  3. Link to Post #162
    Australia Avalon Member Cjay's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Paul (here)
    Quote Posted by Operator (here)
    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

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  5. Link to Post #163
    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.euroweek.com/Article/2988...-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. ..
    Oh my ears and whiskers, how late it's getting!

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  7. Link to Post #164
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    Default Re: Massive Bank and High Profile Resignations Across the World

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

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  9. Link to Post #165
    Israel Avalon Member PathWalker's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Here is an exhaustive list of resigners for the past 2 weeks: http://eclinik.wordpress.com/2012/02...-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.


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    We are playing a virtual reality game, of duality. In the game of choices, align your choices with your ideals. Everything is whole, complete and perfect. Even yourself. Love is the power to change/create.

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  11. Link to Post #166
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    Default Re: Massive Bank and High Profile Resignations Across the World

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

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  13. Link to Post #167
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://americankabuki.blogspot.com/2...rld-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).
    Oh my ears and whiskers, how late it's getting!

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    Belgium Avalon Member Violet's Avatar
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    Default Re: Bank Resignations Across the World

    Quote Posted by blufire (here)
    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.

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

    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.
    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

    UK Tory Deputy Chairman quits.

    http://order-order.com/2012/03/05/to...pe-aspiration/

    Tory Director of Strategy quits to go to US.

    http://www.dailymail.co.uk/debate/ar...ttle-suit.html
    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

    How has justice been done since the beginning of this crisis theatre and how should that make us optimistic now?

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

    http://www.bankingday.com/nl06_news_...885&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.
    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://english.ahram.org.eg/NewsCont...-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.
    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://english.ahram.org.eg/NewsCont...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.
    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

    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
    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

    Quote Posted by Violet (here)
    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/ne...ormations.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
    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

    We are playing a virtual reality game, of duality. In the game of choices, align your choices with your ideals. Everything is whole, complete and perfect. Even yourself. Love is the power to change/create.

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

    Got this one yet?

    Much of the Congolese government has resigned effective November.

    http://congoplanet.com/news/1954/dr-...ito-resign.jsp

    DR Congo might not hit our news much, but there has been fighting there for decades. Prolly all sorts of resources there.

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

    Quote Posted by Daozen (here)
    Got this one yet?

    Much of the Congolese government has resigned effective November.

    http://congoplanet.com/news/1954/dr-...ito-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.
    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
    Where are you?

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

    Quote 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..
    Last edited by Daozen; 7th March 2012 at 11:11.

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