Massive Bank and High Profile Resignations Across the World

[Sabrina]

http://americankabuki.blogspot.co.uk/

American Kabuki has some interesting bankers' resignations graphs on his site 14 April... I can't cut and paste, but bet there's a non banker Avalonian who can....

[Sabrina]

Surabaya Police arrest banker over ‘embezzlement’

The Jakarta Post, Jakarta | Mon, 04/16/2012
|
Surabaya Police arrested a senior employee at Bank Mayapada in Surabaya, East Java, suspected of swindling more than Rp 19 billion (US$2.07 million) of customers’ funds.

The man, Daniel Cristinus Gunawan, 32, was the head of treasury at Bank Mayapada Srijaya branch.

Surabaya Police general crime unit chief Adj. Comr. Yunus Saputra alleged that Daniel had swindled six priority customers.
“All of the customers have deposits worth billions of rupiah,” Yunus said, as quoted by tribunnews.com on Monday.

[aranuk]

Again many thanks Sabrina for all the work you do. I really do appreciate your efforts.

Stan

[Mozart]

Posted by aranuk (here)

Again many thanks Sabrina for all the work you do. I really do appreciate your efforts.

Stan

Ditto for me, Stan.

Sabrina

[Daozen]

American Kabuki has some interesting bankers' resignations graphs on his site 14 April... I can't cut and paste, but bet there's a non banker Avalonian who can....

[Sabrina]

Interesting one this - are politicians being held accountable!!

http://www.independent.co.uk/news/uk...j-7656906.html
18 April UK

Jack Straw faces legal action over allegations he personally approved rendition of Abdel Hakim Belhadj

Jack Straw, the former Foreign Secretary, faces a court cross-examination over allegations he personally approved the rendition of a Libyan military commander.

Lawyers representing Abdel Hakim Belhadj took the dramatic step of serving legal papers on the senior Labour MP following claims he gave the go-ahead to the illegal operation.

Mr Belhadj claims Britain was complicit in his seizure by the US and return to Libya, where he was jailed and tortured by the Gaddafi regime for six years.

Mr Straw has always appeared to deny approving or even knowing about the rendition – a denial recently echoed by Tony Blair.

However, fresh claims have surfaced that he authorised the operation.

The Independent has been told that he was approached recently by Foreign Office lawyers and shown evidence apparently contradicting his public statements.

Mr Belhadj’s lawyers, who are also representing another Libyan man, Sami Al Sadadi, have called for the former Foreign Secretary to produce all the paperwork relating to the case, as well as his diaries and notes over the relevant period.

The Metropolitan Police are already examining allegations of rendition. The Libyans’ lawyers, Leigh Day and Co, say the recent claims of Mr Straw’s alleged complicity in the rendition could lead to a criminal prosecution.

Mr Straw, the MP for Blackburn, has denied approving any unlawful rendition operations, or having any knowledge of them. Last autumn he said it had always been the position of Foreign Secretaries that they were opposed to unlawful rendition, were “not complicit in it” and did not “turn a blind eye to it”.

He said yesterday: “I am sorry that I can’t say more about this case, but with a police investigation pending and this intended civil legal action, I am sorry that it is not appropriate for me to say any more about it.”

The lawyers said Mr Belhadj was claiming damages personally from the former Foreign Secretary in recompense for the “trauma involved”. But they stressed his main aim was to seek an apology for the events and for the truth to emerge.

Sapna Malik, a partner at Leigh Day & Co, said: "We have said all along that liability must follow the chain of command.

“These latest revelations bring us closer to that goal. If the former foreign secretary does not now own up to his role in this extraordinary affair, he will need to face the prospect of trying to defend his position in court.”

Cori Crider, legal director of Reprieve, said: "At last it seems we know who signed off Britain's involvement in rendition to torture.

“Jack Straw must come clean with Mr Belhadj, Mr al Saadi and their families. They deserve an apology for the appalling way they were treated.”

Amnesty International's Europe and Central Asia director John Dalhuisen said: "This latest announcement of legal action by a rendition victim could be an important step towards accountability through the civil courts."

He added this was "an ongoing reminder of the failure by UK authorities to establish a human rights-compliant inquiry into these and wider allegations of UK involvement in torture and other human rights violations, in Libya and elsewhere.”

A Downing Street spokeswoman said: "The Government's position on torture is well-known. We stand firmly against it and any cruel, inhuman or degrading treatment or punishment. We do not condone that and we do not ask others to do it on our behalf.

"We take the allegations very seriously. What is important now is to ensure a fair trial and civil proceedings when people accuse the Government of mistreatment and seek compensation.”

[Sabrina]

http://www.telegraph.co.uk/news/ukne...nt-to-CPS.html
18 April UK

Phone hacking: files on journalists and police officer sent to CPS
The first criminal charges since the full extent of the phone hacking scandal was exposed last year, moved a step closer today when detectives passed four files to prosecutors for consideration.

The allegations relate to four journalists, one police officer and six other individuals and cover a range of alleged offences.

While the Crown Prosecution Service (CPS) refused to reveal the identities of those in the files, it is believed the allegations under consideration relate, among others, to Guardian journalist Amelia Hill, former News International chief executive, Rebekah Brooks and former News of the World chief reporter Neville Thurlbeck.
Giving details of the development, Keir Starmer QC, the Director of Public Prosecutions, said the four files related to investigations being carried out by the Metropolitan Police – Operations Weeting, Elveden, Tuleta, Kilo and Sacha.

The four files include:
• One journalist and one police officer with relation to alleged offences of misconduct in public office and the Data Protection Act.



• One journalist and six other members of the public with relation to alleged offences of perverting the course of justice.
• One journalist with relation to alleged offences of witness intimidation and harassment.
• One journalist with relation to alleged offences under the Regulation of Investigatory Powers Act (RIPA).
A total of 43 people are currently on bail in connection with the various police operations, but Mr Starmer said not all of those in the files passed to the CPS had been arrested.

Miss Hill was questioned under caution in September last year over allegations that she was in receipt of leaked information from the phone hacking investigation. A police officer was also arrested in connection with the allegations.

Mrs Brooks was arrested for a second time last month along with her husband Charlie and four other people by officers investigating allegations of a cover up in the phone hacking inquiry.

Mr Thurlbeck was also arrested last month by police investigating claims that he posted information related to a member of the News Corporation’s Management and Standards Committee on his blog.

It remains unclear who the journalist is in the file connected to alleged breaches of RIPA.

The CPS will now consider the evidence collected by police before announcing whether to bring charges in any of the cases.

Mr Starmer refused to give a timescale for a charging decision but said: “We are now entering a period where we are likely to make a decision one way or another.”
Today’s announcement came as Britain's top prosecutor published guidelines setting out how journalists may have broken the law.

Mr Starmer said the new rules would help lawyers with the "very difficult decisions".
"The decisions we are going to make are going to be extremely difficult and extremely sensitive," he said.

"We have got to make a decision because these cases are coming. We cannot duck that.

[Sabrina]

http://the2012scenario.com/2012/04/a...e/#more-113007

There's lots of different perspectives on this all. Here's a channeled (wow channeled!!) message from Matthew via Suzy Ward on arrests, sent out in March, for those interested in this. Drake seems to say similar in some parts.

[wynderer]

i've just returned to the forum, & using a library computer do not have time to read all this very interesting thread's posts -- so i am probably repeating what others have posted --

i'm wondering if they are all cutting & running for their places in the underground cities/bases? using their insider info on when the big Earth changes will hit? or when the returning annunaki will get within firing distance?

Posted by Sabrina (here)
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...esigns/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..._858647.html?l

12 Kuwait central bank chief resigns amid political tensions
http://www.washingtonpost.com/busine...OAR_story.html

[Sabrina]

Huffington Post
18 April

Bank of England Governor Sir Mervyn King 'A Tyrant' Says Economist David Blanchflower

Bank of England Governor Sir Mervyn King has been branded a "tyrant" by a former member of the Bank's key interest rate-setting committee.

In an outspoken attack, economist David Blanchflower accused him of constantly looking to his own advantage and using "extreme and cruel tactics" in his running of the Bank.

In an article for the New Statesman magazine, he said that Sir Mervyn - who retires next year - had had been unprepared for both the financial crash of 2008 and the run on Northern Rock in 2007, despite "obvious signs" of trouble.

Professor Blanchflower, who served as an outside expert on the the Bank's Monetary Policy Committee (MPC) from 2006 to 2009, said it was essential now that Sir Mervyn's successor was not "tainted" by the financial crisis.

"It's never easy replacing a tyrant but there are huge benefits from doing so. The pain is usually worth it," he said.

"A tyrant looks to his own advantage rather than that of his subjects and uses extreme and cruel tactics - which pretty much sums up how I feel Mervyn King has run the Bank of England in his role as Governor since 2003."

Prof Blanchflower said Sir Mervyn had resolutely resisted any investigation of the Bank's performance during the financial crisis "presumably because of what it would uncover".

"King was unprepared for the crisis and, even as late as the summer of 2008, did not even see it coming," he said.

"For many months, even through 2008 and 2009, he kept expecting a wage explosion in the UK that was never going to happen.

"King was also unprepared for the bank run on Northern Rock in August 2007, even though there were obvious signs that banks that depended on wholesale money markets were in trouble."

Prof Blanchflower, who advocated a policy of aggressive interest rate cuts to revive the economy, said Sir Mervyn had made it clear to him that he was not his choice to serve on the MPC.

"One reliable source told me that people at the Bank were briefing against me. It was hard to find staff and I was always the outsider. This was nothing new," he said.

"I have never worked at a place that had such low morale."

He also accused Sir Mervyn of having "crossed the line" when he endorsed the coalition Government's austerity programme.

"The Governor of the Bank of England is responsible for monetary policy, not fiscal policy," he said.

[Sabrina]

Posted by wynderer (here)
i've just returned to the forum, & using a library computer do not have time to read all this very interesting thread's posts -- so i am probably repeating what others have posted --

i'm wondering if they are all cutting & running for their places in the underground cities/bases? using their insider info on when the big Earth changes will hit? or when the returning annunaki will get within firing distance?

Posted by Sabrina (here)
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...esigns/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..._858647.html?l

12 Kuwait central bank chief resigns amid political tensions
http://www.washingtonpost.com/busine...OAR_story.html

There's a lot already posted Wynderer, but I found the David Wilcock interview with Drake interesting on this (full transcript on his Divine Cosmos website). Just a few extracts here below. I don't believe they are all happily resigning to escape a perceived disaster. I believe they see the writing on the wall re: corruption being exposed and them being implicated in it all. Perhaps they are also being nudged out behind the scenes. I also don't believe we are facing a great disaster (unless we choose to jump on that timeline).

WIlcock/Drake extracts here:


http://divinecosmos.com/start-here/d...43-massarrests

This is a section from the transcript of the recent interview between David Wilcock and whistleblower Drake. There's an important point as to why high profile people are resigning now highlighted in red below. They no longer are protected.



MASS RESIGNATIONS

DK: It’s even actually worse than that. The onion that makes up what we’re talking about has basically four levels to it.

The outer level was notified, on the same day that our package landed in the International Court, that they were no longer under their protection.

Over a period of a few months there have been several thousand resignations, house arrests.

There have been tons of banks closed, or closed for a couple days and reopened. You name it.

This is not just bankers; this is also financiers, your exchange people, everything.

DW: Oh yeah! I cover it on my website. There’re 358 resignations [actually 450 at the time I did this interview] documented by somebody going under the anonymous name American Kabuki.

There’s a link for every single one of them -- and they’re all in chronological order.

This includes, on February 29th, the resignation of James Murdoch, Rupert Murdoch’s son, from the Executive Chairman position of News International Corporation, which is Fox.

DK: Yeah, that’s basically called a protection move.

It wasn’t a question of them protecting him as much as it was his own protection, because he didn’t have that much to do in terms of the illegalities that Dad pulled.

DW: Right.

DK: He’s just ... actually he’s not all that bad one way or the other, in comparison to some of them.


LET’S SEE IF WE’RE HEARING YOU CORRECTLY…

DW: But to get to the deeper grain of what you’re saying, if I’m hearing you correctly.

I’m getting that you had this package delivered to The Hague.

That was the critical moment in which those on the inside were aware that these mass arrests -- that have been planned ever since the five-inch document you saw in 1979 -- could actually move forward.

This could be done by the will of the civilians in terms of Common Law, going back to the Code of Hammurabi and 11,000-year-old documents.

DK: Exactly.

DW: Okay. Great.

DK: When they received it and it got past their agents who worked at The Hague, they knew that it had arrived because that person was made aware.

There was nothing they could do about it.

So consequently, their protection evaporated. This is like steam on a hot highway. The sun comes out, and poof -- it’s gone.

DW: [laughs]

DK: Okay. Well, there are thousands of resignations in Europe to date. Now in one week, and I’m talking last week, there were 450 resignations, retirements and this stuff -- and 200 arrests.

DW: That’s a staggering number.

DK: That’s 650 people involved in finance. Now, here’s the difference.


THEY HAVE SYSTEMATICALLY CONTROLLED THE MEDIA

DK: Those people under house arrest or who have been taken into custody, or who retired and are staying at home, are considered not very important, one way or the other -- they are primarily figureheads and not much more.

DW: Right.

DK: The difference is those who were arrested, those who are being arrested and those who are going to be arrested -- that’s the second layer of the onion, in other words...

DW: This is why we’re not seeing a lot of newspaper and website articles about this.

There’s no accountability of these people getting arrested in the outside world, because they don’t have a public position.

DK: Well, not only that, but the mainstream media’s controlled by them.

DW: Exactly.

DK: Therefore, you’re not going to hear this.

[Sabrina]

http://www.tunisia-live.net/2012/04/...dor-to-france/

The office of the Tunisian Presidency announced the resignation of Abdallah Kahlaoui, adviser to Tunisia President Moncef Marzouki in charge of diplomatic affairs, external relations, and international cooperation on Monday.

Sixty-two-year-old Kahlaoui cited his desire to spend time with his family and his health as reasons for his resignation. He denied that there was any truth to reports in the Tunisian media that he would be appointed as Tunisia’s Ambassador to France in Paris.

[Sabrina]

http://www.world-nuclear-news.org/C_...A_1804121.html

Leadership changes for WNA
18 April 2012

The World Nuclear Association (WNA) has welcomed a new chairman and announced the resignation of its director general.

CEO and president of Cameco Tim Gitzel today began a two-year term as chairman of WNA, taking over from the president and COO of Exelon, Chris Crane, who moves into the vice-chair position.

Gitzel's first duty as chair was to open the World Nuclear Fuel Cycle conference, organised in Helsinki this year by WNA in partnership with the US trade body the Nuclear Energy Institute.

The opening session carried an announcement from WNA that its director general, John Ritch, would retire from the post this year.
Ritch has served as leader of the global nuclear industry group since 1 January 2001, building it from the foundations of the former Uranium Institute. Prior to this, Ritch had spent seven years as US Ambassador to UN organisations in Vienna, notably the International Atomic Energy Agency.

and




17 April 2012
The head of Korea Hydro and Nuclear Power (KHNP), Jong-shin Kim, has resigned in the wake of a safety-related incident at the Kori nuclear power plant and subsequent concerns over safety culture.


KHNP is the state-owned utility that operates 23 nuclear power reactors. The move by Kim was announced to journalists by the responsible minister, Sukwoo Hong, who added that the resignation is expected to be accepted by President Lee Myung-bak.

According to that expected schedule, Hong will now consider a range of candidates for Kim's replacement.

[Sabrina]

http://afr.com/p/markets/capital/top...7Ak8C91obsfYvN
18 April

Top UBS investment banker resigns

UBS's head of investment banking for the Americas, Aryeh Bourkoff, resigned to pursue other opportunities only 13 months after taking on the position, according to three sources familiar with the matter.

[modwiz]

Oh my ears and whiskers, this is all beginning to look like something is happening.

[Sabrina]

http://www.opensecrets.org/pres12/he...php?cycle=2012


Top Contributors

Barack Obama (D)
1 Microsoft Corp $289,088
2 DLA Piper $217,582
3 Google Inc $167,565
4 University of California $157,092
5 Harvard University $155,808





Mitt Romney (R)
1 Goldman Sachs $535,680
2 JPMorgan Chase & Co $375,650
3 Morgan Stanley $323,800
4 Credit Suisse Group $299,160
5 Citigroup Inc $282,765

NOTE: The organizations themselves did not donate, rather the money came from the organizations' PACs, their individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

[Sabrina]

Posted by modwiz (here)
Oh my ears and whiskers, this is all beginning to look like something is happening.

Could be Modwiz. His reasons for leaving don't sound too convincing somehow....am waiting to start popping those champagne corks (if there's champagne in 5D)...

http://media2.efinancialnews.com/sto...americas-eaves

Bourkoff leaves UBS Americas investment banking
MarketWatch
18 Apr 2012
UBS's head of investment banking for the Americas, Aryeh Bourkoff, has resigned from his position at the company, effectively immediately, according to an internal memorandum sent to employees.

In the memo, reviewed by Dow Jones Newswires, UBS Investment Bank co-chief executive Carsten Kengeter and Americas chief executive Robert McCann said Bourkoff "resigned from UBS in order to pursue other opportunities."

A person familiar with the matter said Bourkoff was leaving because he "wanted to be more entrepreneurial" and was "considering starting his own firm," though Bourkoff didn't give any indication of when such a move would occur.

Bourkoff, a 13-year veteran of UBS, was known primarily as a technology, media and telecommunications banker, but became head of the Americas banking division roughly a year ago.

In the memo, Kengeter and McCann named Steve Cummings as the interim head of investment banking for the Americas and said he will "directly lead all investment banking division teams in the Americas, and will work closely with his partners across the Group and the Americas executive committee to drive new advisory business activity." Cummings has served as chairman of the business for the past year.

In the Americas, UBS faced a wave of banker departures early in 2011 amid complaints over low compensation. Last autumn, the company itself revealed detailed plans to pare down its investment bank in the wake of an embarrassing trading scandal and said it would instead shift its primary focus to client and advisory businesses.

[Sabrina]

http://uk.reuters.com/article/2012/0...8FI23920120418

SINGAPORE, April 18 | Wed Apr 18

Banker among dozens in Singapore underage sex case

(Reuters) - A former UBS banker and the son of a prominent family are among dozens of men who have appeared in court in Singapore on charges of paying an underage girl for sex in an online prostitution scandal enveloping high-profile executives and civil servants.

Singapore, a financial hub that rivals Hong Kong, has sought to soften its squeaky-clean image in recent years and recast itself as a vibrant, global centre with casinos, high-end shops and cultural events to cater to wealthy foreigners and locals.

[Rocky_Shorz]

Posted by Sabrina (here)
http://www.opensecrets.org/pres12/he...php?cycle=2012


Top Contributors

Barack Obama (D)
1 Microsoft Corp $289,088
2 DLA Piper $217,582
3 Google Inc $167,565
4 University of California $157,092
5 Harvard University $155,808





Mitt Romney (R)
1 Goldman Sachs $535,680
2 JPMorgan Chase & Co $375,650
3 Morgan Stanley $323,800
4 Credit Suisse Group $299,160
5 Citigroup Inc $282,765

NOTE: The organizations themselves did not donate, rather the money came from the organizations' PACs, their individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

that list does say it all...

Mitt Romney contributors at the top of the list of commodity price fixing charges too... amazing coincidence....

[Sabrina]

http://www.thisdaylive.com/articles/...usconi/113966/
18 April
Italian Businessman's Arrest May Hurt Berlusconi

REUTERS

The arrest of a fugitive Italian businessman with close ties to Silvio Berlusconi could cause new judicial problems for the scandal-plagued former prime minister, who is already on trial for corruption and paying for sex with a minor.

Valter Lavitola, publisher of a small newspaper and once a European Parliament candidate for Berlusconi's party, was arrested at Rome airport on Monday after eight months as a fugitive from justice in South America, reports Reuters.

Prosecutors in the southern cities of Naples and Bari are investigating Lavitola and more than 20 other people on allegations including bribery.

Berlusconi, who was forced to resign in November, is not under investigation. But the case has turned the spotlight back on the former premier and media mogul.

Lavitola, 45, was an unofficial aide and fixer for Berlusconi and occasionally accompanied him on state trips abroad although he had no government role.

Naples prosecutors, who are due to interrogate Lavitola on Wednesday, ordered his arrest on charges of fraud connected to 23 million euros in public financing for L'Avanti, a socialist newspaper.

In another charge, magistrates also suspect Lavitola, who was looking after one of his business interests in Brazil when the arrest warrant was issued last year, acted as a middleman for the delivery of bribes by an Italian company to governments in Latin America.

Magistrates say he accompanied Berlusconi on official trips to Albania and Panama.

According to an arrest warrant by Naples prosecutors seen by Reuters, Lavitola was "a state representative incognito" whom Berlusconi trusted.

Before the arrest warrant was issued for Lavitola last year, Berlusconi and he spoke by phone and the conversation was intercepted by the Naples prosecutors.

During the conversation, which was leaked to the media, Berlusconi was purportedly heard urging Lavitola to stay outside Italy. Lavitola told the premier he was in Bulgaria.

In a separate case, prosecutors in Bari have linked Lavitola to a southern businessman, Gianpaolo Tarantini, who prosecutors allege provided high-class prostitutes for sex parties at Berlusconi's homes.

Lavitola denies wrongdoing, said his lawyer, Gaetano Balice.