COULD THIS INFORMATION BE ONE OF THE REASONS "IMF's CHRISTINE LAGARDE IS 'UNDER INVESTIGATION?"

  

http://www.nesaranetwork.com/2014/08/27/the-throat-on-the-net-closes-121503-could-this-be-the-reason-imfs-christine-lagarde-is-under-investigation/

THE THROAT ON THE “NET” CLOSES.. COULD THIS INFORMATION BE THE REASON IMF’s CHRISTINE LaGARDE IS UNDER INVESTIGATION?

12/15/03.
  Currently BBC News reports "Credit Lyonnais probe widens"
http://news.bbc.co.uk/2/hi/business/1528449.stm which has been a "bone of contention" since the Banking problems of 1991.

Burying "crap" does not make the "stink" less aromatic; Many of you remember the Article: Brady Bonds and 1991 Bank Failures originally posted giving names, banks, account numbers, countries involved, posted by V.K. Durham and Patriotlad on
http://www.rumormillnews.com and ARCHIVED at
http://www.theantechamber.net and
http://www.theantechamber.net/V_K_Durham/TexasTwoStep7.html .

The Texas Two Step is still playing...as "Baker Takes The Whole Loaf"
http://www.rense.com/general45/baker.htm written by TomPaine.com ..
Just for the smell of it, go back and re-read
http://theantechamber.net/V_K_Durham/TexasTwoStep7.html and read this snippet from page 2 of TomPaine.com [quote]:
"I will grant the Iraqi "government" has some knowledge of international finance; its key member, Ahmed Chalabi, is a convicted bank swindler.
The Bush team must see the other advantage in having rump rulers of Iraq pretend to choose Mr. Baker; the U.S. Senate will not have to review or confirm the appointment. If you remember, Henry Kissinger ran away from the 9/11 commission with his consulting firm tucked between his legs after the Senate demanded he reveal his client list. In the case of Jim Baker, who will be acting as a defacto U.S. Treasury Secretary for international affairs, our elected Congress will have no chance to ask him who is paying his firm, or even require him to get off conflicting payrolls.
This takes the Bush administration' Conflicts-R-Us appointments process to a new low.
Or, maybe there's no conflict at all. If you see Jim Baker's new job as working not to protect a new Iraqi democracy but to protect the loot from the old theocracy of Saudi Arabia, the conflict disappears.
Iraq's debt totals something on the order of $120 billion to $150 billion, depending on who's counting. And who's counting is very important.
Much of the so-called debt to Saudi Arabia was given to Saddam Hussein to fight a proxy war for the Saudis against their hated foe, the Shi'ia of Iran. And as disclosed by a former Saudi diplomat, the kingdom's sheiks handed about $7 billion to Saddam under the table in the 1980's to build an "Islamic bomb."
Should Iraqis today and those not yet born have to be put in a debtor's prison to pay off the secret payouts to Saddam? James Wolfensohn, president of the World Bank, says "No!" Wolfensohn has never been on my Christmas card list, but in this case he's got it right: Iraq should simply cancel $120 billion in debt.
Normally, the World Bank is in charge of post-war debt restructuring. That's why the official name of the World Bank is"International Bank for Reconstruction and Development." This is the Bank's expertise. Bush has rushed Baker into pre-empt the debt write off the World Bank would certainly promote.
"I Fixed Florida"
Why is our President so concerned with the wishes of Mr. Baker's clientele? What does Bush owe Baker? Let me count the ways, beginning with the 2000 election.
Just last week Baker said, I fixed the election in Florida for George Bush. That was the substance of his remarks last week to an audience of Russian big wigs as reported to me by my somewhat astonished colleagues at BBC television.
   It was Baker, as consiglieri to the Bush family, who came up with the strategy of maneuvering the 2000 Florida vote count into a Supreme Court packed with politicos.
Baker's claim to have fixed the election was not a confession; it was a boast. He meant to dazzle current and potential clients about his Big In with the Big Boys in the White House. Baker's firm is already a top player in the Great Game of seizing Caspian Sea Oil. (An executive of Exxon-Mobil, one of Baker Bott's clients, has been charged with evading taxes on bribes paid in Kazakhstan.)
Over the years, Jim Baker has taken responsibility for putting bread on the Bush family table. As Senior Counsel to Carlyle, the arms-dealing investment group, Baker arranged for the firm to hire both President Bush 41 after he was booted out of the White House and President Bush 43 while his daddy was still in office.
Come to think of it, maybe I'm being a bit too dismissive of the Iraqi make believe government. After all, it's not as if George Bush were elected by the voters either. It would be more accurate to say that TWO puppet governments have agreed to let the man who has always pulled the strings come out from behind the curtain, take a bow, take charge' then take the money and run [end quote]."
http://tompaine.com/feature2.cfm/ID/9571

BACK TO THE "BRADY BONDS & 1991 BANK FAILURES
http://www.theantechamber.net/V_K_Durham/TexasTwoStep7.html and commence CONNECTING THE DOTS because, its a certainty, BAKER is attempting to use the WHITE HOUSE to cover up BANKRUPTING the Banks of Germany, England, France, Japan, and even giving RUSSIAN BANKS a severe "TWO TYLENOL" day, along with Brazil, Chile, Argentina, Peru, Malaysia, Indonesia, China and Saudi Arabia by their activities meandering in and out of the U.S. Department of The Treasury and U.S. Federal Reserve using ISRAEL as the SPRING BOARD "BANKING" affiliation of the old BCCI affiliation for MONEY LAUNDERING DRUG MONEY and THE CONTRA ARMS MONEY'S Through the misusing of the Inter-American Development Bank and The Inter-American Investment Corporation, a Agreement commenced 1984, done at Washington November 17, 1986."

This "Misuse" of Executive Powers, Misuse of U.S. Dept. of the Treasury Powers, Misuse of and Abuse of Powers "authorized by the U.S. Congress December 23, 1913 and December 24, 1919 by the Executive President George Bush, Abusing Presidential power by granting the power to: James Baker III, Nicholas Brady and Chairman of the U.S. Federal Reserve the power to use property not belonging to the United States being PERFECTED, SOVEREIGN DEBT INSTRUMENTS identified as "The One Time Only Bonus 3392 Commodity Contract authorized by invocation of the Constitution of Peru to give the Constitutional Authority to enter into said Bonus 3392 Commodity Contract April 14-27, 1875," and the Lead Certificate of Indebtedness of Peru No. 181 (no coupons affixed) of May 1, 1875, owned by (at that time) V.K. Durham with 24% held in Cosmos Seafood Energy Marketing, Ltd; Nevada ID# 1707-85.

As stated previously; "burying this crap does not eliminate the stink" which has permeated the International Banking, Financing and Economics since the "1991 Banking Frauds & Brady Bonds"..as it is currently causing MORE STINK which is being kept out of the U.S. News, but THE BBC carries the investigations religiously
http://news.bbc.co.uk/2/hi/business/1528449.stm as the Credit Lyonnais probe widens.

For the U.S. Congress to "ignore" these excessive and abusive acts by those formerly in the White House and in other U.S. Federal Offices, is outrageous! Moreover, to find out the cover-up of over 62,000 unlawful conversions used in Far East Banking by such as the Fed. R., U.S. Treasury, Dept. of Agriculture (used for money laundering for Black Ops) etc., with over "5968 Uses of Bonus 3392-181 Collateral through the WORLD BANK & IMF".. makes one wonder WHO in Congress is being "Blackmailed" or "has been a party to this BANKING FRAUD" to keep this from being investigated?

These unlawful usages have caused CHINA'S banks to fall into the "crap hole"
http://69.56.224.90/cgi-bin/forum.cgi?read=41253 (check it out on
http://www.moneyfiles.org ) along with
http://www.reuters.com/financeNewsArticle.jhtml?storyID=397883&type=bondsNews
as US Treasuries slip, foreign central banks shy away because they GOT BIT and FELL INTO THE "STINK HOLE" over the transactions identified at
http://www.theantechamber.net/V_K_Durham/TexasTwoStep7.html
and those issues posted yesterday "FOLLOW THE MONEY"
http://www.theantechamber.net/V_K_Durham/FollowTheMoney.html
One can be certain, it is no small wonder BAKER TAKES
THE WHOLE LOAF
http://www.rense.com/general45/baker.htm because; HE HAS TO COVER THIS UP.., but can he cover it up or stop the global "stink" which has literally effected the alleged "U.S. Dollar/Federal Reserve Bank Notes" which is SMOKE AND MIRRORS in the National, International Banking, Financing and Economic Markets, which is actually nothing more than a worthless piece of paper ?"

Let all of us be realistic! The U.S. DOLLAR backed by GOLD & SILVER, IS "SOUND".. THIS TRUST is the OUTSTANDING, PRIMARY, DULY CONSTITUTED "CREDITOR OF THE UNITED STATES & ALL DEBTOR NATIONS." We are here for "99 years"... Standing behind the AMERICAN PEOPLE OF THE AMERICAN CONTINENT, with the same DEBT INSTRUMENTS the U.S. Federal Reserve and U.S. Foreign Federal Reserve "were not prepared nor were they willing to pay the Debt," December 23, 1913 and again December 24, 1919."

1913, had the Fed. R. paid the DEBT owed to the family owning the Title Instruments and Bills of Lading, now held in the DURHAM (INTL. LTD;) HOLDING TRUST (TIAS 12087); the amount owed, due and payable in "American Gold Dollars, Gold, Gold Coin, Gold Bullion and/or Coin of the Realm".. i.e., $132,361,491.05 and/or paid the DEBT in 1919 which "they were unprepared, and unwilling to pay" which at that time would have been $1,180,148,349.71.

This is from the (CIA & FED. R.) NOTARIZED CALCULATIONS of December 28, 1988, whereas the Calculated Debt owned by this CREDITOR of the United States was calculated from May 1, 1875 to May 1, 1990 as (double bar S gold) $206,858,581,465,280,000,000.00 gold dollars, filed of Public Record. SOURCE
http://www.theantechamber.net/V_K_Durham/ConnectTheDots.html

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KTFA:

walkingstick » August 27th, 2014, 8:55 am  27 August 2014 Last updated at 07:30 ET
IMF’s Christine Lagarde ‘under investigation’
French authorities have formally opened a negligence investigation into Christine Lagarde, the head of the International Monetary Fund (IMF).
She has been questioned about her role in awarding 400m euro (£318m; $527m) in compensation to businessman Bernard Tapie in 2008. She denies wrongdoing.
Ms Lagarde, 58, was finance minister in President Nicolas Sarkozy’s government at the time of the award.
Mr Tapie supported Mr Sarkozy in the 2007 presidential election.
He was once a majority shareholder in sports goods company Adidas but sold it in 1993 in order to become a cabinet minister in Francois Mitterrand’s Socialist government.
Mr Tapie sued Credit Lyonnais over its handling of the sale, alleging the partly state-owned bank had defrauded him by deliberately undervaluing the company.
His case was later referred by Ms Lagarde to a three-member arbitration panel which awarded the compensation.
Investigators suspect he was granted a deal in return for his support of Nicolas Sarkozy.
Ms Lagarde said last year that her decision to refer Mr Tapie’s long-running dispute with Credit Lyonnais to a panel of judges was “the best solution at the time”.
Although being placed under formal investigation does not necessarily lead to charges, the development could raise questions about the rest of her term at the IMF, which is due to end in 2016.
She told AFP news agency she had no intention of resigning from the IMF.
Ms Lagarde replaced Dominique Strauss-Kahn as IMF managing director in 2011.
Mr Strauss-Kahn – also a former French minister – resigned following his arrest in New York on charges of sexual assault that were later dropped.
http://www.bbc.com/news/world-europe-28948925
August 27, 2014 10:58 am
IMF’s Christine Lagarde placed under formal investigation
Christine Lagarde, head of the International Monetary Fund, has been placed under formal investigation by a French court on suspicion of “negligence” in a political scandal dating to her time as finance minister under former president Nicolas Sarkozy.
The case stems from allegations that an arbitration process that awarded €400m in 2008 to controversial businessman Bernard Tapie to settle a commercial dispute with the state was rigged because of his support for Mr Sarkozy in the 2007 presidential election.
Ms Lagarde has always protested her innocence, denying any improper role in the arbitration process, which she says was independent and in the best interests of taxpayers. In a statement to the AFP news agency on Wednesday, she said that she had instructed her lawyer to appeal against the decision to place her under investigation, which is “without merit”.
“After three years of procedure, the sole surviving allegation is that through inadvertence or inattention I may have failed to intervene to block the arbitration that brought to an end the longstanding Tapie litigation,” Ms Lagarde said.
Her spokesman told the Financial Times she had been placed under formal examination after 15 hours of questioning on Tuesday by France’s Court of Justice of the Republic, which has been investigating her role in the case. It was her fourth appearance in front of the judges.
The spokesman added that the charge was relatively minor but one that nevertheless carried a maximum penalty of one year in prison and a fine of €15,000 if convicted.
Being placed under formal investigation signals that the court believes there is evidence of a crime but does not always lead to charges being brought.
The spokesman said that Ms Lagarde would not resign from her position at the IMF. He said she was returning to Washington and would convene a meeting of the IMF board to brief them on the case, in which she had hitherto been treated only as a witness. The board has so far supported her.
The so-called “Affaire Tapie” has enmeshed several other high-profile figures in French politics, including Mr Sarkozy’s former chief of staff and Stéphane Richard, Ms Lagarde’s former chief of staff at the finance ministry and now chief executive of Orange, France’s leading mobile phone network operator.
Mr Richard and others are being investigated by a separate court as part of a parallel probe.
Christopher Baker, a member of Ms Lagarde’s legal team, said that the commission of the court had six months to study her appeal.
He said that if it rejected that appeal, Ms Lagarde would then take her case to France’s Cour de Cassation, France’s highest judicial authority, which would be likely to take at least another year to reach a conclusion.
“We will fight this decision,” Mr Baker said. “And we will fight for a couple of years.”
He added that the next stages would not be a tax on Ms Lagarde’s time as it would be handled by lawyers. “The next two years will be a legal procedure in which Ms Lagarde’s personal involvement will not be required,” he said.
The case centres on investigations into suspicions of organised fraud linked to the €400m that the French state awarded Mr Tapie to end a dispute dating back to the 1990s. Mr Tapie alleged that he was defrauded by Crédit Lyonnais, the now defunct bank, over the sale of sports equipment company Adidas, which he owned.
Residual assets of Crédit Lyonnais were held by the state following the bank’s own collapse. Jean-Marc Ayrault, then leader of the Socialist opposition in parliament, and later prime minister under President François Hollande, was among those who instigated the court action, alleging that the arbitration had been rigged as a pay-off to Mr Tapie.
Mr Tapie – a controversial character with a career including television presenter, singer, businessman, government minister and even owner of a cycling team that twice won the Tour de France – has vehemently denied socialist claims that he worked with the Sarkozy administration to manipulate the arbitration process as a reward for backing Mr Sarkozy in his 2007 presidential campaign.
Ms Lagarde, who was finance minister at the time of the settlement, has undergone many hours of questioning by the Court of Justice of the Republic, which deals with cases of alleged ministerial wrongdoing.
In May last year, following 25 hours of interrogation, the court placed Ms Lagarde under the status of an “assisted witness”, stopping short of making her an official suspect – until this week.

Ms Lagarde has always argued that the settlement was properly conducted and represented a reasonable outcome for the taxpayer after years of expensive litigation. In March, after another round of questioning, Ms Lagarde told reporters as she left the court: “I have always acted in the interests of the state and in accordance with the law.”

http://www.ft.com/intl/cms/s/0/73d4e872-2dcb-11e4-8346-00144feabdc0.html#axzz3Bb3m7Of8