Monday, June 25, 2012

CAN THEY HOLD THE "FINANCIAL LINE?"

Subj: VKD: I DO NOT BELIEVE THEY (GEITHNER, GENE C. VALENTINE, JAMIE DIAMON & P-2) CAN HOLD THE LINE: The Bank of England’s leading dovish policymaker has called for at least £50bn of fresh quantitative easing.

CAN THEY HOLD THE "FINANCIAL LINE?"
As the situation around the world hits "critical mass" brought about by George Soros and his 'friends' in high levels of governments around the world takeover of global banking, financing and economics with the intent of bankrupting the U.S. Treasury/Fed. R. to set up a new global banking and financial system, had fatal flaws. Those flaws have held the Bank of International Settlements in a full blown 'tizzy' trying to comply with the old 'Gladios' principles, while having to show source of collateral and prove up the authencity of said collataral by the authorization of the party who actually own the collateral "Soros" etal attempt to use.
The latest on Soros is taken from Bloomberg this day is:
Billionaire investor George Soroscalled on Europe to start a fund to buy Italian and Spanish bonds, warning that a failure by leaders meeting this week to produce drastic measures could spell the demise of the currency.
Policy makers should create a European Fiscal Authority to purchase sovereign debt in return for Italy and Spain implementing achievable budget cuts, Soros said in an interview in London yesterday. Funding for the purchases would come from the sale of European Treasuries, which would have low yields because they would be backed by each euro member, he said. source http://www.bloomberg.com/news/2012-06-24/soros-pushes-eu-to-start-joint-debt-fund-or-risk-summit-fiasco.html?cmpid=wsdemand
PAY CLOSE ATTENTION TO THE FOLLOWING:
By: V.K. Durham
2/21/03



To: france-presse@un.int ; rusun@un.int ; un@fmprc.gov.cn ; uk@un.int ; bulgaria@un.int ; info@cameroonmission.org ; guinea@un.int ; mexico@un.int ; Sec@state.gov
Cc: Katherin
Sent: Friday, February 21, 2003 9:15 AM
Subject: Where did the Allies of the United States Go? Why do they no longer support THE UNITED STATES?

From: V.K. DURHAM, CEO

To: The Free Press of Nations concerned about WAR WITH IRAQ.

Purpose of this EMAIL: PRESERVATION OF PEACE

Please read the affixed email. This involves CORRUPT, PREDATORY BANKING PRACTICES which, currently involves your nations, and mine i.e., THE UNITED STATES OF AMERICA.

Exposing these BANKING FRAUDS of those banks and financial institutions listed in the following email, if exposed, will expose to the CANDID OPINION OF THE PUBLIC as to what this WAR is really about.

We need your assistance in exposing these matters, as we are the HOLDER/OWNER of the INSTRUMENT(s) used without our Authorization regarding BOGUS GOLD INSTRUMENTS now plaguing the entire International Banking and Financial Markets which "cannot now perform."

These matters have been covered up by the United States House of Representatives, U.S. Senate Banking, U.S. Dept. of the Treasury and U.S. Federal Reserve. The covering up, has presented mankind with a probable "global war."

I remain-

Yours truly,
V.K. DURHAM, CEO-SIGNATORY
The Durham (Intl. Ltd;) Holding Trust (TIAS 12087)

The listing of numbers of 53,977.21 UNAUTHORIZED usage OF BONUS 3392 181 GOLD COLLATERAL, did not include REGION V. DEPARTMENT OF HEALTH AND HUMAN SERVICES or DEPARTMENT OF VETERANS AFFAIRS who have also used the GOLD COLLATERAL. The documents will also be posted at THE ANTE‡CHAMBER http://pages.sbcglobal.net/entertemp?ENTERTEMP/index.html which is in constant process of posting documents regarding these Unauthorized Bogus Gold Instruments written on BONUS 3392-181.

The Bank Account Numbers, Transaction Codes etc which brought down the French Banks, German Banks, Japanese and English Banks are also posted under BRADY BONDS-1991 BANK FAILURES.

Nicholas Brady used the Hass Formula (12 U.S.C. Sec. 411. Constitutional Gold & Silver Lawful Money vs Legal Tender applications as applied to the IMF-WB) of multiples of $38.00 to $1.00, multiplied the $120 Billion Dollars of "Unauthorized Gold Collateral" from BONUS 3392-181, in the multiples of $38 Xs $120BLN. This is the amount of BOGUS GOLD DERIVATIVES which were put out globally and more particularly in the Far East Banks, by Mr. Brady and Mr. Greenspan from 1991 forward.

The ISLAMIC & CHINESE BANKING become aware and take note of DISCOVERY of these "Bogus Gold Derivatives". Upon "Discovery" a "REVERSE PLAY" was put into motion by the CHINESE and ISLAMIC BANKING SYSTEMS. Enter's "HATONN aka ST. GERMAIN" of CHAPTER EIGHT as discovered on the Saudi Arabia Internet (please post Chapter Eight with this document), complete with the Royal Saudi Seals of Saudi's and Jeddah.

The Royal Saudi Seal instruments reflect the date of on or about "August 9th 1994"..

Lets take a look at what else was going on deep inside the Global Money Markets of Banking, Financing and Economics..
quote: "

tungsten a counterfeit story By MERLIN LAFLEUR, 2009/12/02. This October, bankers in Hong Kong were in for a rude shock when they discovered some gold bars from the US to be actually gold plated tungsten i.e., fake gold bars. Acting fast, the Chinese officials found the perpetrators within hours. It seems that fake Tungsten blanks, between 1.3 and 1.5 million 400 oz, were manufactured in the US about fifteen years ago during the Clinton administration. Said to have been done by a very sophisticated refiner, 640,000 of these tungsten planks were gold plated and shifted to Fort Knox. The remaining also gold plated, but sold into the international market. (Fort Knox , as you may be aware, is the United States Bullion Depository, where the official gold reserves of the federal government are stored. This depository of about 4,603 tons (4 176 metric tonness) is the second highest gold depository in the US after the Federal Reserve Bank of New York's underground vault in Manhattan (5,000 metric tonness of gold). Whoever pulled this one on the gold bars had connections inside the government, big banks and also a top-of-the-line fabrication facility. source: http://gold-quote.net/en/articles/fake-tungsten-gold-bars.php

Quote: [snip] this would not be the first time the NY Fed has pinned its desire to maintain secrecy on cooperative scapegoats. For instance, some parties have asked for the contracts between the New York Fed and Blackrock for Blackrock’s services as asset manager for the Maiden Lane bailout vehicles (one for Bear Stearns, two for AIG) be disclosed. The NY Fed has refused, saying Blackrock has insisted they remain secret. A colleague who spoke to Blackrock’s CEO Larry Fink says Fink says that’s untrue, Blackrock has in fact pushed the NY Fed to publicize them. But the Blackrock does a lot of business with the Fed and presumably is not willing to cross an important client by calling them a liar.
Since the Fed isn’t lifting a finger to help, the inspector general has focused on the chain of custody, basically what happened after the money left the Fed, since much of it appears to have gone missing.
snip: The notion that the mysterious NY Fed money drops were supporting more than just the narrow restoration of government services open up other nasty possibilities. Remember the many complaints about the impact of the big budget deficits run during the war. They were two-fold. One was that the deficits were the worst of all possible worlds, since the war spending was going heavily to contractors in the Middle East and hence not simulating the US economy. Second was that the contractors were extraordinarily inefficient, with multiple layers and huge markups at each level.
Now it is in fact quite possible that the NY Fed more than $40 billion, and more important, more than was held in the Iraqi custody accounts. Who would know if the decision was made to “print” to provide a stash for either extra operations related to the Iraq war that the officialdom wanted to keep below the radar or to send some (a lot?) of extra dough along with this massive money airlift to fund all sorts of black operations?
Implausibly, we are told only one man was on the receiving end of all these shipments:
And although the money was handled by a variety of trained American officials and military officers in the first legs of its trip halfway around the world, CNBC has learned that something unusual happened on the Baghdad side of the transaction: Each of the money flights to Baghdad was met at the airport in Iraq by the same man.
The previously unknown Coalition Provisional Authority (CPA) official was tasked with picking up the bales of billions as they were unloaded from C-17s and arranging for them to get to the Central Bank of Iraq in downtown Baghdad. It was a perilous journey of about seven miles over a road the U.S. military called “Route Irish” through territory often controlled by insurgents. Travelers faced the threat of rocket propelled grenades, mortars, car bombs and IEDs….
The CPA official was a stocky, middle-aged naturalized American citizen of Lebanese descent who was born in Saudi Arabia. His first name is Basel. At his request, CNBC has agreed to withhold his last name from this story. Basel ferried cash in Baghdad for the CPA and the American embassy from 2003 until 2008—all told handling, he said, about $40 billion in cash.
His job made him the very last American to see that money before it disappeared into the vaults at the Central Bank of Iraq. And it may have made him the only person in the history of the world to oversee the movement of $40 billion in a combat zone.
snip: The incident in question is the air shipping of a claimed $40 billion in cold hard cash airlifted from the New York Fed to Iraq from 2003 to 2008. This operation took place largely if not entirely on Tim Geithner’s watch, since he was president of the New York Fed from October 2003 to November 2008. So while the US has never had a Helicopter Ben, Iraq had a Helicopter Geithner.
read more at source http://www.nakedcapitalism.com/2011/10/helicopter-geithners-ny-fed-40-billion-iraq-money-drop.html
VKD. Lets take another look. February 7, 2011
Remember this incident which you were told about26-Sep-2010 ?: "BOGUS GOLD showed up after Weston Frank, Mr. Wylie, Mr. Kellog came to this Trust asking if we would accept 40 BILLION DOLLARS to make the two 120 Billion Dollars associated with the illegal securitization of THE BRADY BONDS.."
When these certain individuals came to the Durham Trust, an offer of $40 Billion Dollars was made to 'me' for the "Unauthorized use of the two $120 Billion Dollar Transactions of September 12/1991. But, it was necessary that I 'underwrite' the two $120 Billions. I accepted the '$40 Billion Dollar Offer" with the caveate and conditions of 1. The $40 Billion Dollars must be paid in Gold Bullion acording to 'the Bonus 3392' Contract (2) the bullion must be core drilled (3) assayed (4) re-certified and (5) delivered to the Trust's Bank.
The 'requirement of those 5 conditions' brought about the discovery of "Gold Plated Tungsten"..
The above mentioned individuals I have come to refer to as "the three stooges"..
Recent as yesterday, February 6, 2011 documentation dated May 21, 2001 came in one of 'three stooges' is alleged and documented as having been involved in PROJECT HAMMER. The individual is Felix Wylie, Continental Investments Group, associated with Cordoba Bank [Spain], Chemical Bank,NYm Bank of America, Canada Sovran Bank NA, Virginia, SouthEast Bank, Fla., UBS, Bankers Trust, Citiand etals. Further documentation dated 6 August 2001 "Office of the State Attorney Pretoria." http://www.rumormillnews.com/cgi-bin/archive.cgi?read=215427

VKD. PROJECT HAMMER has recently been discovered by COL. RUSSELL HERMAN'S WIDOW as a G.H.W. BUSH project further involving Dan Hughes, Jr., Gene C. Valentine, Tim Geithner, Jamie Diamon and that particular movement of gold... also wound up in what could be defined as "A GOLDEN SNIPE HUNT." http://www.rumormillnews.com/cgi-bin/archive.cgi?read=36337
HERES THE RESULT.
Posted at 05:15 by Joseph Cotterill
 ONE. The Bank of England’s leading dovish policymaker has called for at least £50bn of fresh quantitative easing. David Miles told the FT that a “substantial” number was needed to intervene in the economy. Miles added that new BoE lending operations to banks would help monetary policy. “It’s a complement to one of the levers we’ve got, rather than a substitute because [the MPC] has run out of effective levers,” he said. The BoE’s Financial Policy Committee is meanwhile likely to advise this week that banks should be able to relax their buffers of liquid assets, Reuters reports.
 TWO. JPMorgan’s Chief Investment Office will not be made to pare back investments in asset-backed securities and corporate debt, following a review into the ‘London Whale’ trades, reports the WSJ. Executives will however constrain the CIO from investing in “infrequently traded derivatives” and private equity. Bets on ABS and corporates helped the CIO deliver big gains for JPMorgan in recent years, whereas most US bank treasuries have focused on mortgage and government bonds.
 THREE. Spain will formally ask for a bailout for its banks later today. The request will spark a week of negotiations on whether Spain should receive a loan, or whether banks should be directly capitalised, the FT says. Discussions over the conditions for Spain’s banking sector are likely to include proposals for a ‘bad bank’


 - George Soros’ plan for a joint European debt fund. (Financial Times)

----- Original Message -----
Sent: Monday, June 25, 2012 12:51 AM
Subject: The 6am London Cut


http://link.ft.com/r/LVA6WW/MS5CS2/ZPOVX/JEBY62/301D5X/VU/h?a=2012&b=6&c=25
The 6am Cut London25 June 2012



http://link.ft.com/r/LVA6WW/MS5CS2/ZPOVX/JEBY62/KQ5HPB/VU/h

The 6am Cut London

Posted at 05:15 by Joseph Cotterill
The Bank of England’s leading dovish policymaker has called for at least £50bn of fresh quantitative easing. David Miles told the FT that a “substantial” number was needed to intervene in the economy. Miles added that new BoE lending operations to banks would help monetary policy. “It’s a complement to one of the levers we’ve got, rather than a substitute because [the MPC] has run out of effective levers,” he said. The BoE’s Financial Policy Committee is meanwhile likely to advise this week that banks should be able to relax their buffers of liquid assets, Reuters reports.
JPMorgan’s Chief Investment Office will not be made to pare back investments in asset-backed securities and corporate debt, following a review into the ‘London Whale’ trades, reports the WSJ. Executives will however constrain the CIO from investing in “infrequently traded derivatives” and private equity. Bets on ABS and corporates helped the CIO deliver big gains for JPMorgan in recent years, whereas most US bank treasuries have focused on mortgage and government bonds.
Airbus will avoid the three-year delay that afflicted Boeing’s Dreamliner when rolling out its A350, its new chief executive has told the FT. A timetable to deliver the first A350s in the first half of 2014 was “challenging” but “achievable,” Fabrice BrĂ©gier said. Investors in EADS, Airbus’ parent company, have grown concerned about the A350 after delays to the A380 superjumbo. Supply problems have already pushed the A350′s delivery date back from 2013.
Spain will formally ask for a bailout for its banks later today. The request will spark a week of negotiations on whether Spain should receive a loan, or whether banks should be directly capitalised, the FT says. Discussions over the conditions for Spain’s banking sector are likely to include proposals for a ‘bad bank’.
The US has called for Egypt’s first Muslim Brotherhood president to “advance national unity” after winning with 52 per cent of the vote. Mohamed Morsi said that under his leadership Egypt would “respect the international conventions and charters it signed with the world,” reports the FT. Morsi intends to take his presidential oath before Egypt’s parliament, despite its recent dissolution by the ruling military council.
The SEC is probing Standard & Poor’s over its last-minute decision to pull its rating from a CMBS deal. The regulator is examining whether S&P rated new CMBS less stringently than previous issues, the WSJ reports. S&P pulled the $1.5bn deal in July last year after finding “potentially conflicting methods of calculation.”
Chief executive pay at banks has risen by double-digits in the last year, the FT says. US and European bankers received an average annual pay rise of 12 per cent. Jamie Dimon of JPMorgan secured an 11 per cent pay increase.
GlaxoSmithKline’s chief executive has written to the EU seeking concessions over drugmakers’ support for cash-strapped southern states. Andrew Witty’s letter calls for EU leaders to temporarily ban the re-export of drugs from the periphery, where low prices have made it attractive to export them back out to northern economies, Reuters reports. Countries in fiscal programmes should also be excluded from reference pricing baskets for drugs, the letter states.
The Competition Commission has taken BT to task over its bid to get its competitors to contribute to fixing its £3bn pension scheme deficit, the FT reports. BT has strived to include deficit repair costs in the formula for charging its competitors for access to wholesale broadband.
COMMENT AND CURIOS
- George Soros’ plan for a joint European debt fund. (Financial Times)
- What Mario Monti needs to tell Europe, by Wolfgang Munchau. (Financial Times)
- 73 US companies issued lower guidance this quarter; 63 last quarter. (Financial Times)
- The BRICs currencies are falling like the proverbial ton – and at their fastest rate since 1998. (Bloomberg)
OVERNIGHT MARKETS: DOWN
The Nikkei was flat and the euro fell 0.2 per cent against the dollar in Asian trading, Reuters reports. Stocks exposed to global growth led the way down, including BHP Billiton, which dropped 1.8 per cent, says Bloomberg. Share in Samsung fell up to 4 per cent as the market gave short shrift to second-quarter forecasts, according to the WSJ.



© THE FINANCIAL TIMES LTD 2012


ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com.
Manage subscriptionsUnsubscribeChange your email addressChoose HTML or plain text emails
Privacy PolicyAdvertiseContact


This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.

No comments: