TOM HENEGHAN EXPLOSIVE INTELLIGENCE BRIEFINGS
ALL Patriot Americans
MUST know, with sources inside American/European intelligence agencies and
INTERPOL reporting what is really going on behind the scenes of the
corporate-controlled, fascist, extortion-friendly propaganda U.S. media's
massive deceptions
Wednesday April 2,
2014
Banks are Broke
Netanyahu a Direct Enemy of the U.S.
Constitution and the American People
by Tom Heneghan, International
Intelligence Expert
UNITED States of America
- Tonight we bring you
the latest report from ZeroHedge.com on the insolvent worldwide banks, which
beckons financial Armageddon.
At this hour we can report that Russian Federation
President Vladimir Putin with the assistance of German Bundesbank President
Jens Weidmann has withdrawn all Russian investment funds from the now insolvent
German Deutsche Bank.
Weidmann has ordered that the insolvent Deutsche Bank
derivatives will be passed on to the counter parties criminal U.S. banking
giants JPMorgan Chase and the U.S. Bank of America.
Putin is now backing the Russian ruble with their
massive gold reserve as to protect the Russian currency from the criminal
algorithms and derivatives that are used on a nightly basis in financial
worldwide markets.
$242
Billion: That Is How Much Record "Window Dressing" Banks Got Today
Thanks To The Fed
Submitted by Tyler Durden on 03/31/2014
The last
time banks scrambled to pad their books into the quarter end, and come begging
at the front door of the NY Fed's Liberty 33 office, was on the last day of Q4
and 2013, when nearly $200 billion in Treasurys were handed out by
the Fed to over 100 counterparties in what was the largest reverse repo
operation conducted by Ben Bernanke, and his brand new Fixed-Rate Reverse Repo
operation, in history.
That was the
record until today, when just over an hour ago the Fed disclosed that as part
of its most recent reverse repo operation, it had handed out to 93 dealer banks
and other financial intermediaries, both foreign and domestic, some $242
billion in Treasurys in what is now the biggest reverse repo operation in
history, a privilege for which the collateral-starved banks paid the Fed the
king's ransom of 0.05% in annual interest, i.e., nothing.
So while
hedge funds, speculators and assorted vacuum tubes are rushing all day to bid
up all the overvalued stocks they can find in order to make their quarter end
P&Ls appear more attractive to LPs even as the early ramp and late selloff
is again set to resume tomorrow, the megabanks too were rushing to the
"window dressed" safety of Treasurys in order to make their balance
sheets appear more attractive to regulators and supervisors, in a world in
which high quality collateral is much more valuable than the Fed's fungible
reserves, and which helps indicate much higher capitalization ratios than
otherwise would be observed at the collateral-starved banks.
But what
today's off the charts reverse repo really shows us, aside from the fact that
all the reverse repo operation really is, is a way for the Fed to make bank
balance sheets appear far better than in reality (for all those still
confused), is that the collateral shortage we have been warning about for the
past several years, and which is getting only more acute the longer the Fed
soaks up all 10 year equivalents from the Treasury market (of which it now
holds 35% and rapidly rising), is getting worse for banks.
And in
related news, one should consider that tomorrow - with their books well padded
for the March 31 daily security "holdings" - the banks will almost
certainly unwind over $100 billion if not more of today's reverse repo, an
amount that is now equal to nearly two full months of QE. Where that money will
go, only the (NY) Fed and a few bank CEOs know.
Then again
none of this should come as a surprise - we said precisely this during our last such window dressing observation, to wit:
In short:
collateral window dressing on; collateral window dressing off, all with the
blessing of the banks' overarching regulator, the Federal Reserve. What is most
disturbing is that both the world's largest financial firms, and by implication
the Fed, just admitted there is a massive collateral shortage currently if
banks are forced to pad their books to the tune of nearly $200 billion in
"high quality collateral" just to pass year-end auditor muster.
Today's
record quarterly window dressing merely confirmed precisely this.
So while the
Fed can provide on both an orderly and on an emergency basis up to the total
amount of Treasurys it holds on its entire balance sheet amounting to $2.3
trillion (as of today), what will happen if banks find themselves needing to
urgently satisfy $2.4 trillion, or $2.5 trillion, or $5 trillion, or more in
Treasury deliverable demands, as collateral chains suddenly collapse on
themselves as they did the day after Lehman's bankruptcy and rehypothecated
Treasurys, not to mention re-re-re-rehypothecated Treasurys have to be
delivered once those infamous "off the books" repo and reverse-repo
operations suddenly find they aren't quite netting each other off, as we have
also been warning for years.
We hope not
to have to find out, at least not for some time, because the outcome would make
the Lehman aftermath seem like a walk in the park.
P.S. The second shooting incident at the Fort
Hood, Texas military base is no coincidence.
Fort Hood is a noted outpost for the training of U.S.
Gary Best Inc. assassins tied to the rogue Israeli Mossad and the Bush-Clinton
Crime Family Syndicate.
Reference: A majority of the personnel at Fort
Hood, Texas military base are under medication and are trained in Nazi
Paperclip NSA mind control operations designed to attack the American People.
P.S.S. Direct message to neo-Nazi
(never elected) right wing Jew Israeli Prime Minister Benjamin Netanyahu.
Stand down NOW, punk!
Netanyahu is currently blackmailing
alleged U.S. President Barack Obama in trying to gain the release of HIGH
TREASON U.S. traitor convicted spy Jonathan Pollard.
Reference: Pollard is an American
citizen born in the United States is also a tribalistic Jew who sold out his
country on the behalf of a foreign state.
Jonathan Pollard not only sold U.S.
national security secrets to Israel (with Netanyahu as the bagman) and then
sold the same U.S. national security secrets to the then Soviet Union.
What was sold to the Soviet Union were
U.S. computer codes on a U.S. nuclear first strike vs the USSR, which now the
government of Israel possesses making the United States Military a guinea pig
for Israel's own nuclear arsenal.
ANNALS OF ESPIONAGE
THE TRAITOR
The case against Jonathan Pollard.
BY
SEYMOUR M. HERSH
In closing, another direct message
to Nazi Jew Netanyahu:
Pollard is going to be executed for his
HIGH TREASON endangering the American People.
Note: Netanyahu was a 9/11
co-conspirator in Nazi George W. BushFRAUD's 9/11 FALSE FLAG BLACK OP aka
BushFRAUD's Reichstag fire (Hitler) and now Netanyahu is directly linked to
evidence soon to be released by NSA whistleblower Edward Snowden to the Bay
Point Schools-NSA-Israeli AMDOCS overthrow of the year 2000 presidential
election.
This coup de etat led to the destruction
and shredding of the U.S. Constitution.
Accordingly, final message to Nazi Jew
Benjamin Netanyahu:
Quit using your Republican Jewish lobby
to threaten U.S. Senator Rand Paul, Republican of Kentucky.
You will stop NOW!
Finally, you will be held accountable
for your crimes and treason you committed against the American People and their
Constitution.
