Massive Bank and High Profile Resignations Across the World

[Sabrina]

Yet more on Murdoch, and it's not going away...

http://www.dailymail.co.uk/news/arti...ajor-firm.html
2 May

'Murdoch should be stripped of U.S. Fox TV licences': Ethics watchdog demands action as UK MPs say he's 'not fit' to run major firm
Citizens for Responsibility & Ethics in Washington calling for action
Group wants plug pulled on Murdoch's 27 Fox licences in the U.S.

An ethics watchdog is calling for Rupert Murdoch's broadcast licences in the U.S. to be revoked, following the UK parliament's highly critical report on phone hacking.
Citizens for Responsibility and Ethics in Washington (CREW) is demanding that the Federal Communications Commission pull the plug on News Corporation's 27 Fox channels.

The move should go ahead, said CREW's director Melanie Sloan, because Murdoch has 'clearly failed the character test embedded within U.S. media law'.

Under FCC rules, only people with 'good character who serve the public interest' can run broadcast frequencies.
The fact Murdoch had failed to do this was evident, she said, from the House of Commons culture, media and sport committee's conclusion he was 'not fit to run a major international company'.

In a letter to FCC chairman Julius Genachowski, she said: 'If they're not passing the character standard under British law, it seems to me they're not going to meet the character standard in America.'

She also insisted that, as more information emerged about the failure of the firm to deal with its crisis, federal agencies would be forced to act.
And she revealed she has written to the U.S. Senate and House committees on commerce to demand congressional hearings into whether the Murdochs are fit to hold the licences.

The calls came after a particularly damaging day for Rupert Murdoch. Yesterday, a UK Commons committee declared he was 'not a fit person' to run an international company.


full story at link

[Sabrina]

http://www.reuters.com/article/2012/...8410GG20120502
Reuters 2 May

Special Report: Inside Chesapeake, CEO
ran $200 million hedge fund

NEW YORK | Wed May 2, 2012 6:02am EDT
(Reuters) - As chairman and CEO of Chesapeake Energy Corp, Aubrey McClendon has been a powerhouse in the vast U.S. natural gas market, directing the company's multibillion dollar energy-trading operation and setting output targets for America's second-largest producer.

Behind the scenes, a Reuters investigation has found, McClendon also ran a lucrative business on the side: a $200 million hedge fund that traded in the same commodities Chesapeake produces.

On Tuesday, two weeks after Reuters reported that McClendon has taken up to $1.1 billion in loans against his stakes in Chesapeake oil and gas wells, the company stripped McClendon of the chairmanship and reiterated that it's reviewing details of the loans. A statement quoted McClendon, who will stay on as CEO, saying that the move will enable him to focus his "full time and attention on execution of the company's strategy."

But for at least four years, from 2004 to 2008, McClendon's attention extended well beyond his job at Chesapeake.

During that time, said a veteran trader who helped run McClendon's private hedge fund, the Chesapeake executive engaged in "near daily" communications and "exhaustive" calls to help direct the fund's trading.

The fund, Heritage Management Company LLC, was started by McClendon and Chesapeake co-founder Tom Ward. The hedge fund listed Chesapeake's headquarters in Oklahoma City as its mailing address, documents show. Heritage's staff included an accountant who was simultaneously employed by Chesapeake. The fund also earned McClendon and Ward management fees and a cut of profits from outside investors.

There is no evidence that McClendon or Ward used inside knowledge gleaned from Chesapeake in their hedge fund trading. Neither the company nor McClendon would comment, and Ward said he saw nothing wrong with the arrangement.

But experts on energy trading, corporate governance and commodity-market regulation said they were stunned by the latest revelation.

"An executive's first responsibility is to shareholders and the betterment of their investment," said Carl Holland, who ran the trading-compliance department at former U.S. oil major Texaco. "Personal trading in the commodity around which the CEO's business is based would be a clear no. We would never have tolerated that, ever."

Thomas Mulholland, a risk-management consultant to oil and gas producers for Golden Energy Services in St Louis, said such matters are "taken very seriously by energy companies, and there are strict codes against it. Even if there is just a whiff of impropriety," he said, "it can be enough to lead to a termination."

The commodities markets are less regulated than equity markets, where corporate executives are prohibited from trading stock in their own companies based on undisclosed financial information. In commodities markets, insider trading isn't illegal unless price manipulation can be proven.

Nonetheless, personal dealing in energy markets is typically forbidden by oil and gas companies for a variety of reasons.

full story at link (a rang of resignations in the energy sector posted before)...



and



BOSTON | Wed May 2, 2012 1:34am EDT
(Reuters) - Three years ago, John Galanek co-founded FX Transparency LLC to give big investors a more sophisticated view of their foreign exchange trades.

But Galanek, who previously managed forex trading for Harvard University's massive endowment, was surprised to find little initial interest from major pension funds and other potential customers. To help keep the consulting startup going, he had to max out a second mortgage, tap his savings and even "broke the glass" on his 401(k) account.

Prospects included the clients of the world's two largest custody banks -- BNY Mellon Corp and State Street Corp -- but most seemed satisfied with the prices they got on their trades even though there hadn't been independent audits. The highly lucrative corner of Wall Street generated $1.5 billion in revenue for the two banks in 2009.

But today, the once-fat forex profit margins at the two banks are under attack. Small forex analysis firms have disrupted the marketplace by providing a clearer picture of what the banks have been charging. As a result, many pension funds and other major investors are set to pay much lower fees for foreign exchange transactions than they have in the past.

BNY and State Street have countered by rolling out more transparent, but less lucrative services. Both banks also are spending more on their legal bills as they fight a host of federal and state lawsuits and investigations alleging they massively overcharged their pension fund clients on forex trading.

[Sabrina]

http://money.cnn.com/2012/05/01/news...day/?hpt=hp_t3

reported by CNN Money

Occupy May Day goes global


NEW YORK (CNNMoney) -- Occupy May Day went global on Tuesday, as demonstrations stretched from California to New York and from Europe to the Caribbean.
Occupy San Francisco got an early start to the traditional May Day workers' protest, kicking off its organized rally at 8 p.m. local time on Monday.


San Francisco, once a stronghold of the dispossessed, has become a playground for the rich and a living hell for those of us who can't keep up or have no interest in capitalist relations," Bay Area protest organizers said in a statement.

On Tuesday, rush hour traffic was flowing on the Golden Gate Bridge, despite protesters' threats to shut it down.
In Southern California, protesters scheduled a rally against allegedly unfair labor practices at Los Angeles International Airport, according to Occupywallst.org.

An airport police spokeswoman said the gathering proceeded without any disruption to airport operations.
In Seattle, police reported several arrests Tuesday evening after confrontations between officers and demonstrators. Offenses included vandalism and striking an officer.

In New York, Occupy Wall Street planned protests at bridges and tunnels, with picket lines slated at the Chase Building, the New York Times building, Sotheby's and Manhattan's main U.S. Post Office.

Hundreds of protesters marched south from Bryant Park in midtown Manhattan to downtown's Union Square. The crowd that gathered in Union Square grew to about 1,000 people later in the day, as the weather improved.

At least 50 people were arrested and that number is expected to increase, according to an NYPD spokesperson. The majority of the arrests were for disorderly conduct and resisting arrest.

Protestors were arrested on the Williamsburg Bridge, at Union Square during a rally and during a protest march from Union Square to Wall Street Tuesday evening, according to the spokesperson.

Most of the individuals were charged with disorderly conduct and no NYPD officers were injured.

Global protests
May Day protests were also held in Greece and Turkey. Two thousand people gathered in Syntagma Square in Athens, and another 7,000 protesters gathered outside a factory where employees haven't been paid in six months, according to their union.

Thousands of protesters in Istanbul's central Taksim Square were met with a police presence.

Marches were also planned to Trafalgar Square in London, where police closed streets and arrested three men in Exchange Square outside Liverpool Street, according to the London Police.

"The popular media narrative is that Occupy is dead, but what we're here to show is that that's far from the truth," said Occupy Wall Street spokesman Mark Bray. "The issues that we're talking about are too important to go away."

Bray said that Occupy has united with workers' unions and immigrant rights groups "to show that the 99% is what really drives this country."

The rain let up in the afternoon, when Occupywallstreet.org reported that there were "several marches still on the move across NYC."
In Washington, Occupy demonstrators marched from McPherson Square near the White House to the lobby of a downtown office building Monday afternoon. The building includes UBS, a source of capital to finance strip mining.

One of the demonstrators dumped a bag of coal on the marble floor as members of the group took turns leading protest statements.
May Day has historically been a day of protests in some countries outside of the U.S. On Tuesday, workers marched in Moscow and Havana and protested in Madrid.

The Occupy movement had organized protests in 125 U.S. cities, according to Occupywallst.org. The theme was a general work strike to create "a day without the 99%" -- no work, no shopping, no banking.

and

http://www.guardian.co.uk/world/2012...y-day-protests

[Sabrina]

http://the2012scenario.com/2012/05/w...e/#more-117004

Who Wants to be a Trillionaire?
2 May - Steve Beckow

One of the items David Wilcock reproduces in his latest article is this video on Graham Hawksworth, a “bond authenticator”; that is, if he’s legitimate. According to a British court, which recently sentenced him to six years, he isn’t. He may be part of the global market dealing in bonds, one lot of which was worth more than the British economy – trillions of dollars. You may remember Udo Pelkowski discussing some of the bond finds his associates made in the Philippines last winter. (1)

Who Wants to be a Trillionaire? was featured on British television and gives a little of the background on how the Federal Reserve first got into floating large bond issues to indemnify Chang Kai Shek, who gave his gold to the United States to keep it from falling into the hands of Mao’s Communist cadres.

It just touches on the tricks used in producing the bonds to allow American agents to arrest anyone they didn’t want to have possession of them – like mis-spellings or a few bonds in the mix produced on inkjets, all of which could be used to assert fraudulence when it served the “national interest” to do so.

Source: https://youtube.com/watch?v=fDnFK81Hqt8

Footnotes
(1) See “Evidence Corroborating David Wilcock’s Recent Allegations: Philippine Gold, Platinum, and Cash, Dec. 30, 2011, at http://the2012scenario.com/2011/12/e...ilippine-gold/ ; “Treasure Hunters Declare Their Find and Offer to Return It,” Jan. 1, 2012, at http://the2012scenario.com/2012/01/t...-to-return-it/ ; “Udo Continues the Story of the Filipino Treasure,” January 1, 2012, at http://the2012scenario.com/2012/01/u...pino-treasure/

[Sabrina]

Posted elsewhere, but for the record including here.

ARREST WARRANTS: Liens Filed Against G7 Central Banks
David Wilcock, Divine Cosmos, 01 May 2012

http://divinecosmos.com/start-here/d...g/1051-g7banks

Arrest warrants have now been issued against the international branches of the Federal Reserve — the European Central Banks, BIS, Germany, France, Netherlands, Belgium, Italy and Japan.

MAJOR CHANGES ABOUT TO HAPPEN

It is terrifying to discover that the world is being run by psychopaths — who want to see billions of people die.

Many people can’t even face it. Their mind just shuts down — and they often attack the messenger.

Nonetheless, no corrupt regime has ever survived the light of full public exposure. Our current situation is no different.

There is abundant evidence that this group is real — and will soon be defeated. Major changes are about to happen in the world.

Indeed, a small group of international bankers have seized control of the planet and its resources. Their plan has been in place for 300 years, and was followed with ruthless efficiency.

The difficulty of unseating this group is extreme, due to their penetration into all aspects of our society — including the media, the government and the judiciary.

Nonetheless, it appears that they are about to be overthrown by an international coalition of 138 nations — who have banded together to end Financial Tyranny.

(David prefers we not reproduce his articles in whole so please go to http://divinecosmos.com/start-here/d...g/1051-g7banks for the rest.)


and some quotes:



Neil Keenan: The OLD FED … want 5-6 Billion people on this planet dead. That’s right – dead. We, as a global community, cannot stand by and watch this happen. Something must be done. …

I’m working on behalf of a much larger alliance, who have assured me they will take these steps we are making very seriously – and use them as grounds to move against our common enemies. …

David Wilcock: What do you expect to get out of this?

NK: Recognition, first of all. Everyone must recognize how they have worked.

They kept the money amongst themselves, and have excluded everyone else — even the owners — from one cent of it for 60-plus years now.

This is outright robbery. Now it is time to recover what belongs to others, and to look at the damage done to our own systems as well.

Secondly, let’s repair what needs fixing if it is at all possible.

Third, many humanitarian projects throughout the world will no longer be funneling into the pockets of private interests, but can actually do what they are intended to do.

There is so much more to look at. It can go on forever. …

DW: Do you really expect this to all come tumbling down? About 10 to 15 percent of our audience is very sarcastic about this and cannot believe anything we say until it actually happens.

NK: If the legal system or Admiralty Law does its job, it will come down — and it will be a new beginning for all.

For some, it will just in the nick of time. For others it will be too late. For far more people, who have much time to spare, it directly paves the way for a wonderful future.

DW: Do you have anything else to say before we go?

NK: Yes, David, one final note. We have all the agreements in hand — not just from the Amanah [Indonesian officials]. We will bring them forth, if necessary, to the Admiralty Courts.

It will be insane for anyone in the Federal Reserve to even attempt to fight this. Any documentation they might attempt to fabricate and produce would have about as much value as a bubblegum wrapper.

They have trapped themselves in their own system — with no room for escape. It has taken many, many years for this to reach a head, but we finally have freedom within our grasp.

I wish everyone the very best. I will continue fighting this good fight and making sure that justice will be served.

[Sabrina]

Benjy's take on it:


http://kauilapele.wordpress.com/2012...bal-continues/

Benjamin Fulford 5-1-12…”Chaos on multiple fronts as controlled implosion of financial cabal continues”

[Sabrina]

A flurry of postings on 1 May. And for those open to Matthew's messages, here's an extract:

http://www.matthewbooks.com/mm/anmviewer.asp?a=148&z=2
1 May

11. Your world is being transformed by evolution, not revolution. The outcome of revolutions has been a changing of the guard that benefitted a comparative handful of persons, but because pervasive darkness remained, control of the peoples was continued by the group that took over the reins of power. What is happening now not only will hold the dark ones accountable for their deeds, but also will guarantee that no others with like intentions of global domination can chart the course of your world’s destiny.

full message at link

[Sabrina]

http://www.huffingtonpost.com/2012/0...n_1467207.html

1 May
Bank Of America Plans To Lay Off 2,000 Senior Bankers

Occupy Wall Street protests are the least of Bank of America's problems. The bank is starting to lay off its more profitable employees.

On Tuesday, the Wall Street Journal reported that Bank of America, the nation's second largest bank by assets, plans to lay off 2,000 staffers in investment banking, commercial banking and foreign wealth management. The layoffs are significant, the WSJ writes, because: "of whom they target: the high-earning employees whose efforts helped Merrill Lynch account for the bulk of Bank of America's profit since he financial crisis."

The planned layoffs come after the bank's announcement last fall that it would cut 30,000 jobs: mostly less well-paid positions in consumer banking.

The layoffs are meant to signal that Bank of America will slash its expenses enough to bring them in line enough with lower revenue, according to the WSJ. Bank of America has seen its revenue plunge 22 percent between 2009 and 2011 (while total employee pay rose 17 percent) due in part to fewer mergers and acquisitions as economic growth stays sluggish and new financial regulations prevent more lucrative risk-taking. The bank's expensive acquisition of Countrywide also left it saddled with toxic mortgages, according to the WSJ.

Bank of America needs to reassure its investors any way it can. Its stock price has plunged 54 percent over the past two years, according to Google Finance.

Bank of America apparently first tried to cut pay for its investment bankers before pursuing layoffs. In January, Bank of America cut pay 25 percent and froze base salary levels and capped cash bonuses at $150,000 for some investment bankers as part of an effort to slash expenses by a total $6 billion to $8 billion per year, according to Bloomberg News.

Bank of America is one of many banks cutting staff. Wall Street is planning to slash up to 21,000 jobs soon, Fortune Magazine reports. The financial industry already has shed 459,400 financial industry jobs over the past four years, according to an analysis of Labor Department data by the Business Journals.

[Sabrina]

News of what happened below:


PEACEFUL & LAWFUL CITIZENS' ARREST OF GEORGE OSBORNE - 30TH APRIL 2012


https://www.facebook.com/events/283107395109665/
David Searle
Bertie Bert has summarised everything correctly. I believe several people witnessed the police stating to me that George Osborne had left an hour before by the back way. Also was given confirmation at around 9:50 a.m. by a senior SOCPA officer that there would be no problem having the Notice delivered if Osborne didn't show. When it came to that however, the senior regular officer told us they weren't able to deliver it (citing various reasons) - by which time the SOCPA officer had disappeared and the regular police denied any knowledge of his having been there.

The police attending were generally polite, humane and courteous. Nevertheless there is strong evidence on the face of it that some collusion and planning had taken place both regarding Osborne's escape and the refusal of the Notice.

Signed Notice posted special delivery today tracking no. ZX064996889GB Scans here: http://pdfcast.org/pdf/osborne-signed-notice ; http://pdfcast.org/pdf/osborne-signed-notice-envelope

[Sabrina]

http://www.huffingtonpost.com/2012/0...uffington+Post)

1 May

Richard Grenell, Controversial Mitt Romney Spokesman, Resigns

Richard Grenell, presumptive GOP presidential nominee Mitt Romney's controversial choice for national security spokesman, is leaving the campaign less than two weeks after his appointment.

The Washington Post's Jennifer Rubin, who broke the news Tuesday, suggested that the openly gay Grenell, a former George W. Bush administration official, likely resigned because of a "full-court press by anti-gay conservatives." Grenell confirmed his resignation in a statement to Rubin:

I have decided to resign from the Romney campaign as the Foreign Policy and National Security Spokesman. While I welcomed the challenge to confront President Obama’s foreign policy failures and weak leadership on the world stage, my ability to speak clearly and forcefully on the issues has been greatly diminished by the hyper-partisan discussion of personal issues that sometimes comes from a presidential campaign. I want to thank Governor Romney for his belief in me and my abilities and his clear message to me that being openly gay was a non-issue for him and his team.

The Huffington Post recently reported that days after joining the campaign and coming under fire for numerous sexist and impolitic statements he had made about prominent women and members of the media, Grenell scrubbed over 800 tweets from his Twitter feed and deleted his personal website.

and

http://campaign2012.washingtonexamin...grenell/515226

and


http://www.realclearpolitics.com/new...resigning.html


Second staffer for NC House speaker resigning

North Carolina House Speaker Thom Tillis said Tuesday a second person on his staff has been forced to resign after having an inappropriate relationship with a lobbyist.

Amy Hobbs, a policy adviser to Tillis, confirmed to The Associated Press that she offered her resignation Sunday _ three days after Chief of Staff Charles Thomas resigned when a newspaper questioned him about a relationship with a lobbyist for the state's residential home building industry.

According to Tillis, the new disclosure came out after he questioned some staff members Sunday about rumors floating around the Legislative Building about them. Tillis wouldn't immediately identify the adviser but said the person would resign effective by the end of the week.

Tillis told reporters he also would set up policies in his office to make very clear that romantic relationships between staff employees and people such as lobbyists or the appearance of them are inappropriate, even though they may not currently be unlawful or violate state ethics rules.

[Sabrina]

Auditors have started jumping ship as well, as previously posted - some out of HOng Kong.... S

(Pyne Gould Corporation - New Zealand

RE: Resignation of KPMG as the PGC Group’s Auditor.
1 May
KPMG have resigned as the PGC Group’s Auditor. The reasons they have given for the resignation are:
“Unresolved differences as to whether certain transactions should be disclosed as related party transactions, and concerns over the adequacy of governance and management of financial reporting”

PGC strongly rejects these claims by KPMG and has advised KPMG accordingly.


About them:

Throughout our history, Pyne Gould Corporation has continually evolved and adapted to the changing business environment while remaining true to our values of integrity, professionalism and quality.

Pyne Gould Corporation has a long and proud New Zealand history, stretching back to the 1850s, starting with a stock and station business in Canterbury. That original business, through organic growth, acquisitions and mergers, continues today with PGC retaining strong South Island links while developing to become an Australasian asset and wealth management business made up of three core business units:

Perpetual Group
Torchlight Investment Group
Property Group

[Sabrina]

Not a good resignation - pity he was forced to...


http://brianallmerradionetwork.wordp...-a-good-start/

1 May

WASHINGTON, DC— EPA Region VI Administrator Al Armendariz resigned Monday, after a video surfaced in which Mr. Armendariz says the administration should “crucify” lawbreaking oil and gas companies in order to set an example for others. Congressional Western Caucus Chairman Congressman Steve Pearce (R-NM) released the following statement in response to the resignation:

“Mr. Armendariz’s comments only magnified the EPA’s tyrannical environmental policies, exposing President Obama’s true energy agenda. President Obama claims to be in support of an “all-of-the-above” approach to our nation’s energy independence, including supporting American oil and gas to spur economic growth and create jobs. However, using scare tactics to deter companies from doing business in America is not a policy our administration should be standing for.

“This incident gives a glimpse into the culture President Obama has created within the EPA and the rest of his Administration, and it is not one that is representative of America or the way we do business. While Mr. Armendariz is now gone, there are no doubt many more officials who are also guilty of promoting practices that stand in the way of American energy production, job creation and ultimately, our economic recovery.”

¤=[Post Update]=¤

http://in.reuters.com/article/2012/0...8G1MNA20120501
USA

May 1 (Reuters) - A board member of the Financial Industry Regulatory Authority has resigned after settling a disciplinary case alleging that he failed to supervise a broker at his firm, a FINRA spokeswoman confirmed on Tuesday.

Joel Blumenschein, president of Freedom Investors Corp, resigned less than three months before his term on the FINRA board was to end. Blumenschein's Brookfield, Wisconsin-based brokerage employs about 30 brokers, according to a regulatory filing.

On April 23, Blumenschein settled the case without admitting or denying the allegations. He was suspended for three months as a supervisor in the securities industry and fined $30,000.

FINRA's allegations against Blumenschein are not uncommon in the securities industry. But his situation is unusual because it marks an instance in which the Wall Street industry-funded regulator disciplined a brokerage president who also happens to be one of its board members.

Reached late on Tuesday, Blumenschein told Reuters he was out of town and hadn't yet officially stepped down. He would complete the process soon, he said.

FINRA alleged that he failed to supervise a broker who engaged in unsuitable penny stock trades in a retirement account for a "a customer of limited means," according to a FINRA regulatory filing. The broker also made transactions in the customer's account without permission from the customer, the filing said.

Efforts to locate the broker late Tuesday were unsuccessful.

The firm's "supervisory system was so inadequate that Blumenschein was unable to provide a consistent or coherent" description of how it worked during testimony, according to the FINRA document. Blumenschein did not admit or deny the findings.

His name did not appear in a list of board member on FINRA's website late Tuesday.

The planned resignation of Blumenschein was reported by the Wall Street Journal earlier Tuesday. (Reporting By Suzanne Barlyn; Editing by Gunna Dickson)

[Kimberley]

Thank you Sabrina for all your effort maintaining this list!!!
Much love!!

[Sabrina]

http://www.vosizneias.com/105498/201...n-from-knesset

More on this:

Israel - Ousted Opposition Leader Tzipi Livni To Resign From Knesset

Jerusalem - Israel’s recently ousted opposition leader Tzipi Livni plans to quit parliament on Tuesday but will remain active in politics, a confidant said.

Livni, who headed the Kadima Party for more than three years, was ousted as party leader several weeks ago by former defense minister Shaul Mofaz.

The confidant said Livni is to formally submit her resignation later in the day. He spoke on condition of anonymity pending the formal resignation.

Just a few years ago, Livni was one of the country’s most popular politicians. A former foreign minister and chief negotiator with the Palestinians, she is well known in international circles and routinely shows up on lists of the world’s most influential women.

But during her tenure as opposition leader, she faced heavy criticism for what was widely seen as an ineffective term.

There has been speculation she might join a new party headed by former TV personality Yair Lapid. An opinion poll published this week predicted that a party including Livni and Lapid could be the second largest party in parliament, behind Prime Minister Benjamin Netanyahu’s Likud.

Netanyahu is widely expected to declare early elections soon.

[Sabrina]

BEIJING, May 2, 2012 /PRNewswire-Asia/ -- Qiao Xing Mobile Communication Co., Ltd. ("QXM" or the "Company") (NYSE: QXM), a domestic manufacturer of mobile handsets in China, today announced that Mr. Kok Seong Tan has tendered his resignation as chief financial officer ("CFO") of the Company for personal reasons, effective immediately. The Company is presently seeking a new CFO to replace Mr. Tan.

and
Hong Kong
The board (the “Board”) of directors of Zhuguang Holdings Group Company Limited (the “Company”) announces that, with effect from 1 May 2012, Dr. Liang Tongying (“Dr. Liang”) resigned as an independent non-executive Director of the Company, a member of the Audit Committee, a member of the Remuneration Committee and the chairman and member of the Nomination Committee due to the need to focus on his teaching career.

¤=[Post Update]=¤

http://www.news.com.au/breaking-news...-1226342882401

South Australia Chief Justice John Doyle announces resignation

SUPREME Court Chief Justice John Doyle has announced he will retire from the bench in June.
In a statement released this afternoon, Chief Justice Doyle says he has already submitted his resignation to Governor Kevin Scarce.

"On 4 May 2012 I will have been Chief Justice for 17 years," he says in the statement.
"Although I have been considering this move for some time, this was not an easy decision to make.
"However, I believe that it is best to make room for someone new.

[Sabrina]

http://www.spokesman.com/stories/201...-vp-resigning/


WASHINGTON – A top executive at government-controlled mortgage giant Freddie Mac is leaving the company about a year after he was promoted to oversee its single-family mortgage business.

Anthony Renzi resigned to accept a job with another financial company, Freddie CEO Edward Haldeman said in an internal email. The other company wasn’t named. Renzi’s departure as executive vice president of single-family business and operations and technology takes effect next month.

The move is the latest departure of top executives from Freddie and its larger sibling Fannie Mae, which were rescued by the government in September 2008 after massive losses on risky mortgages threatened to topple them. Taxpayers have spent about $170 billion to rescue the companies – the most expensive bailout of the financial crisis. It could cost nearly $200 billion more to support the companies through 2014 after subtracting dividend payments, according to the government.

CEO Haldeman plans to leave this year as well.

Paul Mullings, a senior vice president, will temporarily assume Renzi’s responsibilities.

[mountain_jim]

I don't thank every (there are so many ) post here from you, Sabrina, but I read them and appreciate your efforts to provide all these news items here. Thank you!

[Sabrina]

A high ranking government security officer detained....

http://www.veteranstoday.com/2012/04...-from-germany/

Raw Reports, Nuclear Threat from Germany (updated)
6 Decades of Deception

By Gordon Duff, Senior Editor

I will keep this short as possible. A single nuclear weapon has “gone missing” as of last week, one of four missing but this one “more missing” than the others.

The Thames Valley Police, famous for their fictional representations in the Colin Dexter detective novels, detained a high ranking government security officer, department to remain unnamed, at the behest of what we are told is the Home Secretary.

Time we put a call in to Inspector Lewis? Morse, played by John Thaw, would never have allowed such a thing. John Thaw was always a favorite and his pub of choice, The Trout outside Oxford is a nice stop off, you can misplace a nuke, torture a spy, this time one of your own, and make it home with fish and chips. I do so love Britain.

Now, to put this is American English.
A nuclear weapon that wasn’t supposed to exist, a single 500 kiloton hydrogen bomb, one of four being tracked, was seen being loaded at the German port of Bemerhaven, Germany.
The groups assisting in what we were informed was a counter-terrorism surveillance operation were the American NSA, British MI 6, the Office of Naval Intelligence and the British Royal Navy. The “device” was loaded onto a Germany built “Dolphin” submarine and left the harbour doing 7.5 knots.

The submarine disappeared while being tracked by every sophisticated device NATO seems to be able to own or borrow.

At least one of those from among the listed agencies was arrested by the local police force in Oxford, their electronic surveillance gear siezed, were confined for 12 hours despite being above arrest and detention as a senior NATO intelligence officer.

Attempts to track the sub in the busy harbour were in vain and it is unknown what the nationality of the crew were or the destination, whether the UK, the US or some place in the Middle East.

What we do know is that Germany and other NATO nations, in a highly disputed exception to the Nuclear Non-Proliferation Treaty, had held 182 such weapons until all had supposedly been given back to the United States in 2005.

We now know this to be untrue. There are several possible scenarios:


Germany is a nuclear power in violation of international treaties and both Germany and the US are lying
The German government is in violation of international treaties and is selling or transfering nuclear weapons to unknown third parties

Terrorists have stolen a nuclear weapon that Germany was holding illegally
Germany is involved in a terror plot aimed at a third party, Iran, the United Kingdom or the United States
The submarine in question may or may not be one Germany is giving to Israel, this one with a “special enhancement” which, as we had questioned earlier, might be used against Iran, the United Kingdom or United States.

We know the British government at some levels, some departments, are aware of this action and are responding with retribution against their own intelligence services. This seems to be an indication that some authority within Britain seems to have gone rogue, certainly the Thames Valley Police, possibly the Home Office and we can’t help but want to take a long hard look at David Cameron and his many mysterious meetings with Rupert Murdoch, the “not very Australian” ultra-nationalist/Likudist Israeli who stands somewhat accused of endless criminal acts or perhaps not.

Nobody in Britain actually knows.
Is someone planning to blow something up somewhere? Are these just simply Germany boys on a lark, stolen submarine, borrrowed illegal nuclear weapon, kind of a prank?

Then again, we have the Bush administration. Assurances were made that all such weapons had been out of German hands 7 years ago. We now have direct evidence, eyewitnesses, that indicate that the US failed to follow the provisions of the Nuclear Non-Proliferation Treaty that it is using as a pretext to threaten Iran with violations of.

Oddly, Israel never signed the treaty and is, by conventional standards, considered a “rogue state.”
A fuller accounting indicates that the warheads may not be American but were of Soviet design. We know the number to be four.

One has been traced to a location inside the London itself. Other locations for this one are likely New York, Lower Manhattan for a December delivery, tuned down to 100 kt, perhaps to pass off as another plane crash. Mombasa and other African ports are on the lists as well. There is a very nasty controversy between US intelligence agencies on information sharing as to this issue. As this is an actual operation, not a “rumor,” attempts to keep secrets or mislead just aren’t going to work anymore, as this article has proven.

Weapons of this type are generally located through use of specialized aircraft, in this case, the Boeing Sentinal E3D. These are highly modified 707 aircraft. The British have 7 of these operating out of RAF Waddington. They were placed on “mechanical fault standown” on April 14. Who would have thought all these planes were preparing to discombobulate?


We find this “coincidence” rather curious and call for an official inquiry into the accidental and sudden failure of Britain’s most valuable air assets.

The individuals and sources of this story will, at their request, not be credited. If anyone out there if familiar with the radiation signature of an aging Soviet 1/2 megaton nuclear warhead, we would be glad to print that information, hoping the appropriate authorities might stumble upon it here.

Additionally, if anyone spots a Dolphin submarine, please give us a ring also, same reasons.

An interesting response by John Kettler:
ETs/EDs Raid Bremerhaven, Germany Last Week;

“Disappear” Dolphin Sub, Nuke & Crew While Under Comprehensive NATO & Intelligence Agency Surveillance!
ETs/EDs (extraterrestrials/extradimensionsals) of the Liberation Forces raided Angela Merkel’s Germany last week, a move expected by the writer, given Germany’s decades of WMD (weapons of mass destruction) proliferation (chemical weapons and precursors, supplying missile expertise, illegal sale of ultra centrifuges to anyone with cash, plus providing quiet Diesel-electric subs to Israel, but set up to allow for rapid conversion to nuclear cruise missile launch platforms). Call the ETs/EDS most unhappy!

The “normal” part of this amazing tale is here, in a withering article by Senior Editor Gordon Duff of Veteran’s Today, but what concerns us is the hidden side of this, the ETs/EDs‘ disappearing of a Dolphin sub, crew and highly illegal 0.5 megaton nuclear weapon after they put to sea (reportedly then making 7.5 knots in crowded Bremerhaven Harbor)–while under comprehensive surveillance by both NATO and multiple international intelligence agencies from the U.S., U.K., and Germany! The ETs/EDs say if anyone asks “Where’s the sub?” the answer is “We have it!”
ETs/EDs Exclusively Reveal Sub Was Bound For Israel!

Apparently, guilt and greed in Germany know no limits, and Russia has yet again been found dispensing nukes to all comers with cash in hand, according to the ETs/EDs. What Gordon Duff mentioned in passing in his article, the ETs/EDs state specifically: “The nukes in his article are Russian, and Russia will pay dearly for this latest transgression in a long string. The Dolphin sub was en route to Israel and did have an Israeli crew.”

ETs/EDs Fully Expect “International Repercussions” From Gordon Duff’s Article & This Post
It’s taken a long time, but Germany has been officially caught with her hand in the nuclear cookie jar, and Russia, whose nuclear peccadilloes rouse such ire in officialdom there when outed, will have much to explain, not just to terrestrial authorities but to her “topside” ally, with whom she’s already in both the exopolitics penalty box and the doghouse. According to one of the ETs/EDs, “Expect Russia’s most advanced fighter, the SuMi-41, armed with “topside” supplied energy cannon, to disappear outright from the Russian inventory. There may be other punitive measures taken as well.”

The ETs/EDs mean what they say when it comes to honoring treaty terms with them, and nothing is taken more seriously than anything involving proliferation or use of nuclear weapons. The ETs/EDs haven’t figured out what will be done about Germany, but they say “It’ll hurt and be highly visible.” Rest assured, that’s no hollow threat. Just ask Hugo Chavez or Benjamin Netanyahu! “Israel,” the ETs/EDs say, “will also be chastised.” Whether or not that chastisement will extend beyond the loss of a pricey sub, expensively trained crew and a highly illegal, expensive nuke “is presently undecided.” The overall impression received, both directly and indirectly, is that the ETs/EDs are really angry and upset over the outrageous actions of Germany, Russia and Israel.

http://johnkettler.com/etseds-raid-g...nvestigates%29

hmmmm.....

http://www.demotix.com/news/1188356/...xercise-london
2 May
Railway station closed for Olympic Security Exercise - London

and


http://www.bbc.co.uk/news/uk-17922490


Royal Air Force Typhoon jets have arrived at an airbase in London for a large-scale Olympic security exercise.

The aircraft will be based at RAF Northolt, taking part in eight days of training over London and the home counties until 10 May, as part of operation Exercise Olympic Guardian.

It is the first time fighter jets have been stationed at the west London site since WWII.

But anti-military campaigners warn the jets will create a "climate of fear".

[mountain_jim]

The Kettler side of the above article (with links to both) is also being discussed here:

https://projectavalon.net/forum4/show...rhaven-Germany

[foreverfan]

611 BANKER RESIGNATIONS
Through 4/22/12

Either the NWO is putting in their new people or the NWO is falling. Pick one and you may be right.