Massive Bank and High Profile Resignations Across the World

[Sabrina]

Posted by DreamsInDigital (here)
You know what, I wonder what they really did with all those secret service members, that really sounds like a great cover story for something else.

Btw, Sabrina, You are awesome, thanks again as always for your awesome dedication in keeping us all updated on this financial stuff. You have my appreciation.

Think on the recent Drake radio interview he said something about Obama changing the security team around to get the protection team he wanted. Thought they could have spun a more convincing story tho' - unless there was a gooey honey trap...

[modwiz]

Posted by risveglio (here)

Posted by modwiz (here)

Posted by Rocky_Shorz (here)

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....

Obama's contributors, not such nice people and should be made to pay reparations, of some sort. Romney's contributors, criminals and traitors who all belong in prison with Romney himself. I didna make the list, just comment on the differences in criminal behavior. Like misdemeanors vs. felonies.

Here is a list of Obama's Top 7 from 2008
1. University of California - $1,392,675
2. Goldman Sachs - $1,035,095
3. Harvard University - $831,110
4. Microsoft Corp - $809,799
5. Google Inc - $796,564
6. JPMorgan Chase & Co - $700,808
7. Citigroup Inc - $681,318

It's all just a game, we really need to just rid ourselves of Government.

Totally agree with it being a game. I consider the banks to be the biggest traitors and criminals and they liked O in 2008. This time they want Romney. That was my point. I will not vote until the criminals are in jail or the FEMA camps they made available with our tax money. Glad they made them to hold a lot of people because we have a lot of criminals at every level of government, all the way down to the county level. The BAR associations need to be disbanded and whatever counsel survives, or is needed, works for the people and not the power structure as they do now. Currently, all BAR attorneys represent the power of the government and cannot fully represent their client. They may say differently, but the legal system has been using weasel words for centuries and probably even allow lying to certain types of people. It may not be lawful, but anything can be made 'legal'. It just takes some weasels to write it into the legal code and then call it the law.

I am sure there are attorneys ( possibly many, but only possibly) of good conscience, but they have to walk a very fine line if they want to keep their licenses. Just like doctors.

We have some serious house cleaning to attend to.

[modwiz]

Posted by DreamsInDigital (here)
You know what, I wonder what they really did with all those secret service members, that really sounds like a great cover story for something else.

Btw, Sabrina, You are awesome, thanks again as always for your awesome dedication in keeping us all updated on this financial stuff. You have my appreciation.

Well, the Duffster has a few thoughts about the matter:Assassination Colombia – What If It Ain’t About Whores?
http://www.veteranstoday.com/2012/04...-about-whores/

Just a snippet:

"Army advance teams, those that arrange for presidential security, were arrested for failing to pay one or more whores for “services rendered.”
The real deal is very probably this:
At least one of the members of the presidential detail is suspected of working with foreign nationals to arrange the assassination of President Obama.
A certain nation comes to mind, one very close to former Governor Romney, the GOP candidate hopelessly behind in the polls, a candidate belonging to a religion seen as a dangerous sect, a candidate hated by most American women and women vote.

One country was told it wasn’t getting a war with Iran, has chosen to put all its weight behind an obvious loser and has no choice but to kill Obama or suffer the wrath of a president who has little to lose during a second term. There is no other reason such a hare brained story as this one would be foisted on the world during an election year."

Very interesting.

Sorry, Sabrina if this is ill placed. Offending you would not make me happy. I hope you are OK with me. Remedial actions are available. I accidently put it with DID's post. I meant to reply to your post about this story.

[Sabrina]

http://www.bbc.co.uk/news/uk-17767111
19 APril

Sun royal editor Duncan Larcombe arrested in payments probe (UK)

Mr Larcombe worked at the Kent and Sussex Courier before joining the Sun




The Sun's royal editor has been arrested by detectives investigating alleged illegal payments to police and public officials, the BBC has learned.

Duncan Larcombe, 36, was held following a raid on his home in Kent on Thursday.

A former member of the armed forces, 42, and a woman, 38, were also held after a raid in Lancashire by Scotland Yard's Operation Elveden unit.

A total of 26 people have been arrested since last July as part of the inquiry set up after the phone-hacking scandal.

News Corporation provided information which led to the latest arrests, police said.

In a statement, Scotland Yard said: "Today's operation is the result of information provided to police by News Corporation's management standards committee

full story at link

[DreamsInDigital]

Posted by Sabrina (here)
Think on the recent Drake radio interview he said something about Obama changing the security team around to get the protection team he wanted. Thought they could have spun a more convincing story tho' - unless there was a gooey honey trap...

Hard to say, I just think there is something more to it, but don't want to disrupt to much this beautiful thread. I think it could be as much as anything, I'm definitely going to check out the link Modwiz put up.

[Sabrina]

http://www.telegraph.co.uk/finance/n...n-package.html

20 April

Barclays faces pay protest vote at AGM over chief Bob Diamond's remuneration package
As much as a fifth of Barclays shareholders could vote against the bank's controversial pay packages despite attempts to calm investor anger ahead of next week's annual general meeting.

Investment industry sources said Barclays faces the prospect of between 15pc and 20pc of its shareholder base voting against its remuneration report and the re-election of Alison Carnwarth as the chairman of its remuneration committee at its shareholders meeting next Friday.

The prospect of a shareholder revolt on pay comes after Barclays on Thursday announced new performance targets for chief executive Bob Diamond and finance director Chris Lucas, in an effort to head off an embarrassing public showdown with its investors.

The amendments to Mr Diamond's and Mr Lucas's pay mean that half their annual bonuses will be subject to clawback if the bank is not able to achieve a return on equity in excess of its cost of equity.

However, some shareholders were unimpressed by the move and said it did not come close to satisfying their concerns over Mr Diamond's £17.7m compensation package. In particular, investors remain incensed that the bank has done nothing to address their concerns about a £5.75m "tax equalisation" payment by made by Barclays to cover the cost of a tax bill incurred by Mr Diamond when he relocated from New York to London to take charge of the bank at the start of last year.

"As far as we are concerned the change they announced does nothing to address the issues we have raised and therefore our view remains the same," said one investment industry source.

[Sabrina]

http://www.dailymail.co.uk/news/arti...chest-men.html
19 April
39 arrests in hunt for killer of Old Harrovian businessman - including one of China's richest men
Tycoon Xu Ming among those arrested, sources claim
Chinese police 'stung' by British criticism

Police investigating the suspected murder of British businessman Neil Heywood have made dozens of arrests, it was claimed yesterday.
Up to 39 people have been detained in a series of raids over several months on officials linked to politician Bo Xilai, whose wife is a suspect in the death.
Those arrested were reported to include billionaire Xu Ming, one of China’s richest men.

The news emerged within hours of the ruling Communist Party promising a ‘thorough’ inquiry into the ‘serious political event’.

Chinese authorities were believed to have been stung by criticism in Britain over delays in the investigation into Mr Heywood’s death in November last year, which has prompted China’s worst political scandal for 20 years.

Reports in China suggest Mr Heywood, a close associate of Mr Bo and his wife Gu Kailai, was poisoned with cyanide after he threatened to reveal Mrs Gu had siphoned millions of pounds in cash out of the country.

full story at link

[Sabrina]

SOURCE - http://www.occ.gov/topics/capital-ma...ives/dq411.pdf

NOTIONAL AMOUNT OF DERIVATIVE CONTRACTS
Note: Credit derivatives have been included in the sum of total derivatives. Credit derivatives have been included as an "over the counter" category, although the Call Report does not differentiate by market currently.
TOP 25 COMMERCIAL BANKS AND TRUST COMPANIES IN DERIVATIVES
DECEMBER 31, 2011, $ MILLIONS

RANK, BANK NAME, STATE
ASSETS : DERIVATIVES

1 JPMORGAN CHASE BANK NA, OH
$1,811,678 : $70,151,756 (70 TRILLION)

2 CITIBANK NATIONAL ASSN, SD
$1,288,658 : $52,102,260

3 BANK OF AMERICA NA, NC
$1,451,969 : $50,135,890

4 GOLDMAN SACHS BANK USA, NY
$103,790 : $44,192,474

5 HSBC BANK USA NATIONAL ASSN, VA
$206,010 : $4,321,240

6 WELLS FARGO BANK NA, SD
$1,161,490 : $3,332,642

7 MORGAN STANLEY BANK NA, UT
$67,047 : $1,722,966

8 STATE STREET BANK&TRUST CO, MA
$212,293 : $1,390,579

9 BANK OF NEW YORK MELLON, NY
$256,205 : $1,375,225

10 PNC BANK NATIONAL ASSN, DE
$263,310 : $389,730

11 SUNTRUST BANK, GA
$171,292 : $309,154

12 NORTHERN TRUST CO, IL
$99,831 : $244,337

13 REGIONS BANK, AL
$123,368 : $150,281

14 U S BANK NATIONAL ASSN, OH
$330,471: $107,934

15 TD BANK NATIONAL ASSN, DE
$188,913: $73,794

16 KEYBANK NATIONAL ASSN, OH
$86,199 : $70,700

17 BRANCH BANKING&TRUST CO, NC
$168,868 : $69,027

18 FIFTH THIRD BANK, OH
$114,540 : $68,382

19 UNION BANK NATIONAL ASSN, CA
$88,968 : $53,238

20 RBS CITIZENS NATIONAL ASSN, RI
$106,941 : $39,572

21 ALLY BANK, UT
$$85,332 : $32,692

22 TD BANK USA NATIONAL ASSN, ME
$13,521 : $30,300

23 CAPITAL ONE NATIONAL ASSN, VA
$133,478 : $27,448

24 DEUTSCHE BANK TR CO AMERICAS, NY
$51,180 : $27,370

25 BMO HARRIS BANK NA, IL
$97,264 : $25,586



TOP 25 COMMERCIAL BANKS & TCs WITH DERIVATIVES
ASSETS $8,682,613 : DERIVATIVES $230,444,576 (230 TRILLION)

[Sabrina]

http://www.activistpost.com/2012/04/...ntent=FaceBook

Thursday, April 19, 2012
18 Venn diagrams showing how corrupted American ‘democracy’ really is

Madison Ruppert, Contributor
Activist Post

A phenomenal series of Venn diagrams at the end of this article shows in painstaking detail just how corrupted our political system in the United States has become.

When I look at the the connections of Goldman Sachs, it makes me wonder how anyone thought that people actually had the brazenness to claim that those pointing out the revolving door between Wall Street and Washington conspiracy theorists.

Thankfully, as is often the case, the so-called “Government Sachs” conspiracy theorists were right all along, and when it is laid out as it is above it makes it obvious why this is the case.

story at link

[Sabrina]

http://www.businessweek.com/news/201...hn-carter-loss

Disney Film Chief Resigns on ‘John Carter’ Loss

Rich Ross, chairman of Walt Disney Co. (DIS) (DIS)’s film unit, resigned following the company’s $200 million loss on the science-fiction picture “John Carter,” possibly the biggest ever for a single movie.

The departure of Ross, 50, who has run the division (DIS) since October 2009 and previously led the Disney Channel, was announced today in a statement. A successor wasn’t named.

[Sabrina]

http://eng.kremlin.ru/news/3692

President of Russia



Dmitry Medvedev accepted resignation of Smolensk Region Governor Sergei Antufyev

April 20, 2012, 15:00

Tags: civil service, regions, Smolensk Region

The President signed Executive Order On Early Termination of the Mandate of Smolensk Region Governor.

[Sabrina]

http://www.insurancenews.com.au/brea...-as-zurich-ceo


Doyle quits as Zurich CEO
EmailPrint
Breaking News, 20 April 2012

Zurich CEO Shane Doyle today announced his resignation from the company.

While no official reason has been given at this point for the move, a reliable source told insuranceNEWS.com.au Mr Doyle’s decision to resign was “a personal decision based on a change in career direction”.

Mr Doyle told Zurich staff around Australia of his decision earlier this afternoon.

A Zurich spokesman told insuranceNEWS.com.au Mr Doyle will leave the company by September 30 “to take up a new opportunity”.

“It’s business as usual and the search for a successor has begun,” she said.

Mr Doyle left AIG in the UK to join Zurich Financial Services Australia in February 2010 as GM General Insurance. He was appointed CEO General Insurance in March last year when the company’s life/investment and general insurance arms were split.

¤=[Post Update]=¤

http://www.spacenews.com/military/12...ping-down.html

NRO Director Stepping Down in July

WASHINGTON — U.S. National Reconnaissance Office (NRO) Director Bruce Carlson will be leaving his post July 20, a spokeswoman for the spy satellite agency confirmed April 20.

In an April 18 email to NRO employees, Carlson said he decided to step down after careful consultations with the U.S. director of national intelligence, the undersecretary of defense for intelligence and his family. “The selection process for a new leader is under way and that choice will be announced soon,” he said in the email, which was provided to Space News.

Carlson took over the NRO in June 2009 with the agency still reeling with programmatic setbacks that had damaged its reputation for technical excellence. The NRO last April capped an eight-month, six launch campaign that Carlson said helped restore critical intelligence-gathering capabilities.

NRO spokeswoman Karen Gilbert said Carlson came aboard with plans to serve for three to five years. He will have served three years by the time he departs.

[Sabrina]

By Danny Weil, Truthout April 19, 2012

http://truth-out.org/opinion/item/85...ducation-fraud

On Friday, April 13, 2012, Courthouse News reported a class-action lawsuit by students filed in federal court against the Art Institute of California and its owner, Educational Management Corporation (EDMC).

As reported in Truthout, Sen. Olympia Snowe’s (R-Maine) husband, former governor of Maine John McKernan, is chairman of the board of EDMC and a former CEO of the company. The company also faces an $11 billion false claims lawsuit by the federal government and 11 states.

The lead plaintiff in the class-action suit, Chinea Washington, claims The Art Institute of California, Hollywood, led her to believe that federal grants and loans would cover the entire $89,000 cost for a bachelor’s degree in interior design.

In November 2011, after three years of study, Washington was provided notice by the “college” that she had reached the federal loan/grant aggregate limit of $52,340 and that it would cost $37,000 to complete the degree. Washington dropped out with $52,160 in debt. Because The Art Institute’s credits are not transferable, Washington has been swindled out of $52,000 and three years of her life.

The only way to describe $89,000 for a four-year degree with non-transferable credits from a non-academic college is as a fraud and a swindle, and that characterization possibly fails to convey the frustration and downright victimization students like Washington must feel.

Like subprime mortgages, for-profit colleges are a scam driven by payment of commissions to sales staff known as recruiters. The payment of commissions to high-pressure salespeople is so central to the scam that the umbrella trade group for for-profits, the Association of Private Sector Colleges and Universities (APSCU), has sued the federal government to overturn its ban on incentive pay.

It cannot be stated strongly enough: for-profit colleges could not engage in the ongoing exploitation of students and theft of federal money without the direct cooperation and assistance of the federal government in what can only be termed an immoral economy.

The same forces that demonize everything government does or attempts to do are busy feeding from the government trough. The hypocrisy is untenable, the federal subsidies unfathomable and the lack of criminal prosecution unconscionable.

For-profit colleges are a kickback scheme where politicians enact favorable legislation and regulations that allow for-profit colleges to maintain access to student loans and grant money. The for-profit colleges then “give” a small cut of the federal money back to the politicians to enact favorable legislation.

In the cases of Senator Snowe and Sen. Dianne Feinstein (D-California), their husbands have operated under the cover of their wives as they directly benefited, and continue to benefit from, their positions as shareholders in for-profit college companies. Snowe and Feinstein are accomplices in the ongoing evisceration and defrauding of citizen taxpayers and students, which explains the pair’s complete silence on this matter.

The so-called ruling class of government officials and elected politicians, to which Feinstein and Snowe clearly belong, is little more than a gaggle of white-collar criminals which facilitates and benefits from the diversion of taxpayer money into private coffers. It all takes on the appearance of legitimacy.

Unfortunately, this is not a victimless crime. Like Washington, thousands of students who attend these subprime institutions are left with tens of thousands of dollars of nondischargeable debt which ends up ruining their lives.

There is a vast network of former and current government officials who actively participate in the for-profit college swindle.

Some of the conspirators are well known, and include: Mitt Romney, Rep. Virginia Foxx (R-North Carolina), John Kline (R-Minnesota), Alcee Hastings(D-Florida), Trent Lott (R-Mississippi), Lamar Alexander (R-Tennessee), Steve Gunderson (R-Wisconsin), Virginia Democratic Party Chairman Brian Moran, Snowe, Feinstein, Nancy Pelosi (D-California), and John Boehner (R-Ohio). The group also includes Obama administration officials and supporters such as Lanny Davis, Anita Dunn, Hilary Rosen, Anthony Miller and Charles Rose.

As I have previously written, you won’t read about any of this in The Washington Post because the Post owns a predatory for-profit college outfit known as Kaplan University, nor will you hear much about it in the rest of the corporate press.

By not prosecuting a single person related to the mortgage debacle, the Obama administration has now given the green light to for-profit college executives, such as McKernan and Post CEO Donald Graham, to engage with impunity in conduct which should be considered illegal and subject to criminal prosecution.

For-profit colleges serve as a corporate poster child for the need for campaign-finance and lobbying reform to staunch the ongoing corruption of the government which has looted the country and is turning it into a dysfunctional, third world nation.

[write4change]

This is a huge scam I have witnessed a lot of this on -- online education from even places like Pepperdine owned by Church of Christ. 30,000 annually for an education I would have flunked my sophomores for in the 60s. There is no morality and no oversight.

[Sabrina]

http://www.newstatesman.com/node/184911/

20 April

News Corp's phone-hacking bill set to soar
Costs set to rise beyond $200m as 46 new cases are filed at the high court

The news that 46 new phone-hacking cases have been filed at the high court in London by figures including Wayne Rooney, actor James Nesbitt and John Major's former daughter-in-law, Emma Noble, will trouble News Corporation shareholders.

The scandal has already cost the company at least $195m in lawyers' fees and payouts to victims, and with the total number of "likely victims" now estimated at 1,174 the final bill could end up being closer to $1bn.

This reminder of the News of the World's industrial-level hacking also comes at an awkward moment for Rupert and James Murdoch. Both are appearing separately at the Leveson Inquiry next week.

[risveglio]

Posted by write4change (here)
This is a huge scam I have witnessed a lot of this on -- online education from even places like Pepperdine owned by Church of Christ. 30,000 annually for an education I would have flunked my sophomores for in the 60s. There is no morality and no oversight.

Isn't that pretty much true for any "university" these days? I know all I learned in college that was useful for the real world was how to handle my booze.

[GoodETxSG]

Removed by member.
I removed this post because I shared a little tooo much info about my tenure at a couple of Banks that I was getting questions about and a couple of emails from old coworkers about. I didn't realize what a wide audience this site has... I apologize for yanking the info like that and not responding to some of your questions. AND No I am not paranoid or off my medz LOL

[ThePythonicCow]

Posted by Sabrina (here)
http://www.activistpost.com/2012/04/...ntent=FaceBook

Thursday, April 19, 2012
18 Venn diagrams showing how corrupted American ‘democracy’ really is

Madison Ruppert, Contributor
Activist Post

A phenomenal series of Venn diagrams at the end of this article shows in painstaking detail just how corrupted our political system in the United States has become.

Indeed - nice charts at that link - thanks.

[crosby]

GoodeTXSG, you have opened the door to some more truth. this is a good thing. thank you for sharing what you know. do you have anything else that you could add? dates? did you hear any definitive discussion regarding project bluebeam? i am very interested in the when, where, why and what that is to be expected. thank you so much for telling us some of what you know.
warmest regards, corson

[ThePythonicCow]

Posted by GoodeTXSG (here)
They may not have anywhere to hide on the Planet or under it... but they will try and will make absolute HELL for anyone that tries to defy them and their overlords

That's my guess as well, without the benefit you had of having been a fly on some interesting walls.