WHY HAS THE TRUTH NOT BEEN TOLD AND GUILTY PROSECUTED? Iran to Execute 4 Banksters on Frau
Appears the BANKSTERS paid everyone off from top to bottom.. for this CONTRA overthrow of all our global banking systems as the U.S. (Constitutional) Monetary System (Gold and Silver) were allowed to be destroyed by US and UK(Corporate) backed by nothing but DEBT & EVERLASTING WARS [VKD]
Risk Management and Regulatory Failures at Riggs Bank and UBS: Lessons Learned
June 2, 2004
Testimony of Thomas C. Baxter, Jr., before the Subcommittee on Oversight and Investigations, Committee on Financial Services, U.S. House of Representatives (UBS portion)
Chairwoman Kelly, Representative Gutierrez and members of the Subcommittee, I am pleased to be here this morning to discuss certain recent events relating to the Federal Reserve's Extended Custodial Inventory ("ECI") program. With me from the Federal Reserve Board are Katherine Wheatley, Assistant General Counsel, and Michael Lambert, Financial Services Cash Manager. Today, I will focus on the Federal Reserve Bank of New York's ("New York Fed") responses to the deceptive conduct of one of the former operators of an ECI facility, namely UBS, a Swiss banking organization. UBS operated an ECI site in Zurich, Switzerland, until late October of 2003 when the New York Fed terminated its contract with UBS for serious breaches. More recently, the Federal Reserve assessed a $100 million civil money penalty against UBS for its deceptive conduct both in connection with its performance under the ECI contract, and with respect to the investigation into that performance.
My remarks today will cover four topics. First, I will provide some background regarding the ECI program. Second, I will review the chronology surrounding our discovery that UBS had violated its ECI Agreement with the Federal Reserve Bank of New York by engaging in U.S. dollar ("USD") banknote transactions with countries subject to sanctions by the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC"), and, moreover, that certain former officers and employees of UBS had intentionally deceived the New York Fed in order to conceal those transactions. Third, I will explain the rationale behind our decision to assess a civil money penalty in the amount of $100 million and will distinguish this punitive action from the earlier action for breach of contract and the remedial action of the Swiss supervisor, the Swiss Federal Banking Commission (referred to as the "EBK"). Fourth, I will discuss the steps the New York Fed has taken with respect to its remaining ECI operators so as to improve the controls relating to OFAC compliance.
FULLY WARNED OF TAKING THE US DEBT TO ALL TIME HIGHTS OF 1/2 OR 50% OF the amount calculated from May 1, 1875 to May 1, 1990, $206, 858,581,465,280,000,000.00 by the actuarial services of the Central Intelligence Agency and West Coast Fed. R. The calculations caused the W.Coast Fed. the inability to reconcile their books for 10 years. This is a well known fact.
What was stated and before-stated in the Subcommittee hearings, is just a "small ripple in the big pond of Organized Criminal Rings and their activity designed to take the entire global banking, economics and finances "hostage."
To: Chuck Grassley ; William_Anderson@grassley.senate.gov ; Jack McCreery ; Arnie Gammelsgarrd
U.S. Senator Charles E. Grassley, Former Chairman, U.S. Senate Banking Committee, Present American Judiciary Washington, District of Columbia Federal Offices and Sioux City Iowa Federal Offices
REF: NO NATION. NO NATIONS PEOPLE, NO PERSON, NO INDIVIDUAL "SHALL BE RESPONSIBLE FOR FRAUDULENT ACTS COMMITTED BY OTHERS AGAINST THEIR PROPERTIES WITHOUT THEIR "AUTHORIZATION.
"Ref: NON PERFORMING BOGUS BONUS 3392-181 GOLD DERIVATIVES/INSTRUMENTS and
PENDING U.S. BANKING & FINANCIAL CRASH also known as "BANKRUPTCY" of the United States of America.
We (the Trust) were not aware of any of this going on, not until Chief of Operations, Fraud Division, INTERPOL, Chief Gammelsgarrd made us aware in 1989. Chief Gammelsgarrd had accidentally "picked up on" Banking Frauds Operations being conducted by U.S. IRS AUDITOR i.e. Marion Akien aka Aikens, and warned us (myself and CEO, Russell Herrman (Herman) about
"Too many Corporations originating in Nevada were pretending to be our Cosmos Seafood Energy Marketing, Ltd; Nevada Corporation, ID# 1707-85." Chief Gammelsgarrd asked if we could "temporarily retire our Corporation" until matters could be resolved.
We complied with Chief Gammelsgarrd's request. We filed our instruments properly, plus the instruments were filed of Public Record. All filings were ignored by FRANKIE SUE DEL PAPAS of the NEVADA CORPORATIONS COMMISSIONER'S OFFICE.
Making a long story sort; The signature of CEO Russell Herman was "lifted" from the instruments related to Chief Gammelsgarrd's request by a group of "MUSLIMS" currently operating out of Makita City Philippines using of all things our RETIRED Cosmos Seafood Energy Marketing, Ltd; Nevada ID # 1707-85 which has been held in TRUST for many, many years, and COPIES of our (TRUST HELD & RECORDED OF RECORD) Recorded Title Instruments were filed in Clark County Nevada Recorders Office, Las Vegas, Nevada, Official Records 980810 Instrument: 00323, Recorded August 10, 1998.
Fortunately; They lifted the wrong signature.
Adding further, the Kidnapping, Torture and ultimate MURDER of CEO, COSMOS SEAFOOD ENERGY MARKETING, LTD; NEVADA ID# 1707-85. Afterwards "fraudulently incorporating the before-mentioned Corporation, and proceed on their merry way of GLOBAL BANKING, FINANCING AND ECONOMICS "TERRORISM."
These "MUSLIMS" allege they were authorized by Lawrence Summers and Russell Munk of the U.S. Dept. of the Treasury and the Council on Foreign Relations. See: Clinton CFR Speech - Sept. 14, 1998 "If a President of the United States ever lied to the American people he should resign."-- Bill Clinton, in 1974 while running for ... link to www.apfn.org .
We have visited your web site and "connected the dots" and it is believed you will find it very enlightening to visit ours which was set up for Victims of the Global Alliance Investment Association, Cosmos Seafood Energy Marketing, Ltd; The Inter-American Investment Corporation, The Inter American Development Bank, Depository Trust Co. (all registered in Nevada).
Mr. Proko, I believe four (4) of these are "your" U.S. Federal Reserve Corporations, and one is held in our Trust.
For the Record, Mr. Proto; Your FOUR (4) Corporations, and our ONE (1) Corporation (held in Trust) has been used by a group of MUSLIM DISSIDENTS actively engaged in Counterfeiting Prime Bank Instruments in the Far East i.e., Iran, Libya, Malaysia, Indonesia, China, S. Africa, the World Bank, Bank of England etc., and Asian Banking Systems, using UBS, Bank of America, Comex etc.
As you can see this is also directed to Mr. Marc B. Ablan of Ernst & Young's Philippine Offices. Mr. Ablan requested our (the Trust) assistance whereas he could protect his ERNST & YOUNG clients from these Corporate Officers operating the Nevada Corporations (four of yours, and one of ours (the Trust) in Makita City Philippines, in regards to GOLD COLLATERAL INSTRUMENTS. more http://www.theantechamber.net/V_K_Durham/FraudSubversiveBanking.html
RESPONSIBLE LAW ENFORCEMENT and U.S. House & Senate ... and Asian Banking Systems, using UBS, Bank of America, Comex etc.
link to www.google.com
DON'T BLINK,OR YOU'LL MISS ANOTHER BAILOUT
Don't Blink, or You'll Miss Another Bailout
Many people became rightfully upset about bailouts given to big banks during the mortgage crisis. But it turns out that they are still going on, if more quietly, through the back door.
The existence of one such secret deal, struck in July between the Federal Reserve Bank of New York and Bank of America, came to light just last week in court filings.
That the New York Fed would shower favors on a big financial institution may not surprise. It has long shielded large banks from assertive regulation and increased capital requirements.
Still, last week's details of the undisclosed settlement between the New York Fed and Bank of America are remarkable. Not only do the filings show the New York Fed helping to thwart another institution's fraud case against the bank, they also reveal that the New York Fed agreed to give away what may be billions of dollars in potential legal claims.
Here's the skinny: Late last Wednesday, the New York Fed said in a court filing that in July it had released Bank of America from all legal claims arising from losses in some mortgage-backed securities the Fed received when the government bailed out the American International Group in 2008. One surprise in the filing, which was part of a case brought by A.I.G., was that the New York Fed let Bank of America off the hook even as A.I.G. was seeking to recover $7 billion in losses on those very mortgage securities. read more http://truth-out.org/news/item/14744-dont-blink-or-youll-miss-another-bailout
IRAN TO EXECUTE 4 BANKSTERS ON FRAUD CHARGES
Iran to Execute 4 Banksters on Fraud Charges
OK. This will lead to Farahkahn, Jessie Jackson Sr., Quadaffi, Mubarak, S. Africa, Dr. Guenther Horn and African Development Bank, JP Morgan, Goldman Sachs, LaSalle Banking Group Chicago, Obama, Hillary & Bill Clinton, the Queen of England, G.H.W. Bush, Queen if the Netherlands (AMB AMRO), G-20, Japan, Germany, France, Russia.. (Someone is doing some heavy duty investigating back to the 1991 Bank Frauds and those involved with Mar 27, 2004 - WHY over 62,000 unauthorized uses OF THE COLLATERAL was used in the Far East Banking by U.S. Federal Govt. Agencies and "Old Boys ... Plus! the US AND CONTINENTIAL DEBT PAYMENT should be found in this investigation of MALAYSIAN BANKS and Kamarulzaman bin Annuar the U.S. FED. Agent at Credit Swiss AND UBS.. link to search.yahoo.com
Take a look at a partial list of who all was/is involved..
documents relating to FAR EAST BANKING which involves U.S. BANKS other International Banks,involved (and we wonder why the U.S. former Allies have turned away) the UNAUTHORIZED USE OF GOLD COLLATERAL tied directly with THE BRADY BONDS-1991 BANK FAILURES are as follows
1. U.S. Treasury, COLLATERALIZATION BONUS 3392-181: 96 match's.
Note: SEE: NICHOLAS BRADY "FED EXPRESS" DOCUMENT
2. U.S. Federal Reserve Collateralization, BONUS 3392-181; (in documents file)
Note: SEE: ALAN GREENSPAN "FED EXPRESS DOCUMENT."
3. GOLDMAN SACHS, Collateralization BONUS 3392-181: 161 Match's.
Note: September 12, 1991; Rubin headed up GOLDMAN SACHS. GOLDMAN SACHS "WERE THE BANKING UNDERWRITERS" FOR THE "BRADY BONDS-1991 BANK FAILURE" unauthorized use of GOLD COLLATERAL IN THE AMOUNT OF $120 BILLION DOLLARS "GOLD" COLLATERAL of BONUS 3392-181.
4. MERILL LYNCH ,Collateralization BONUS 3392-181: 176 Match's.
5. CHASE MANHATTAN BANK, Collateralization BONUS 3392-181: 116 Match's.
Note: BRADY BONDS-1991 BANK FAILURES accounts etc in these files.
6. MORGAN TRUST Collateralization BONUS 3392-181: 442 Match's.
Note: MORGAN-CHASE, CURRENTLY HOLD OVER $21 TRILLION DOLLARS IN "NON PERFORMING GOLD DERIVATES.
7. BANK ONE, Collateralization BONUS 3392-181: 1,210 Match's
Note: Bank One Northside, Monroe Louisiana; Held the DURHAM TRUST BANKING ACCOUNT. The TRUST did not authorize these usages.
8. ASIAN BANKS, Collateralization BONUS 3392-181: 2,120 Match's.
9. CITIBANK Asian, COLLATERALIZATION BONUS 3392-181: 1,807 Match's.
10. Bank of Taiwan, Collateralization BONUS 3392-181: 1,960 Match's.
11. SECURITY PACIFIC BANK, Collateralization Bonus 3392-181: 1,994 Match's.
Note: Bank Account numbers, names etc, BRADY BONDS-1991 BANK FAILURES.
12. ISRAEL, Collateralization (see Trans-Tech International Brady Bonds) BONUS 3392-181: 771 Match's.
Note: September 12, 1991 Transaction of: Trans-Tech International "Maurene Daniels Attorney, Wife of Howard Daniels, Attorney at the firm of Hill Betts and Nash, ONE WORLD TRADE CENTER
13. Bank of England, Collateralization Bonus 3392-181: 1,259 Match's.
14. Credit Lyonaise (France), Collateralization Bonus 3392-181; 467 Match's.
Note. Credit Lyonaise was "Burned" to cover this up in the early 1990's. Credit Lyonaise discovered a "second set of records in a warehouse".."The Warehouse Burned?"
15. Valley Bank and Trust, Collateralization Bonus 3392-181; 1,482 Match's.
*16. Mitsui Manufactures Bank (U.S. and JAPAN), Collateralization Bonus 3392-181; 1,391 Match's.
17. INTERNATIONAL MONETARY FUND, Collateralization Bonus 3392-181: 2,101 Match's.
18. WORLD BANK, Collateralization Bonus 3392-181: 2,693 Match's.
NOTE: THE FOLLOWING "ASIAN and ISLAMIC NATIONS "BANKS" subscribed to the GAIA-EKKER'S "ASEAWN" which is the ASIAN MONETARY FUND BANK, which is backed by BOGUS GOLD INSTRUMENTS ON BONUS 3392-181.
*19. JAPAN, Collateralization Bonus 3392-181; 1,525 Match's.
*20. KOREA, Collateralization Bonus 3392-181; 1,176 Match's.
Note: KOREA is mad as hell over these "non performing gold instruments" at this time, threatening with Nuclear reaction, retaliation"
*21. PERU, Collateralization Bonus 3392-181; 34 Match's.
Note: Fujimori/Montesino's connection after threats in 1991 by the U.S. flying gunships over the Presidential Palace. The Peruvians "shot the doors off the helicopter's."
*22. BAHRAIN BANK, Collateralization Bonus 3392-181; 1,210 Match's.
Note: See notice to PRINCE BANDAR.
*23. HONG KONG BANK (OF CHINA), Collateralization Bonus 3392-181; 4,283 Match's.
Note: This accounts for the "Over $400 Trillion Dollars Gold Derivatives "not now performing" held by CHINA.
*24. S. AFRICA, Collateralization Bonus 3392-181; 1,281 Match's.
NOTE: See the GHANA "GAIA CONTRACT with the AL KADA"
*25. INDONESIA, Collateralization Bonus 3392-181; 1,030 Match's.
*26. PHILIPPINES, Collateralization Bonus 3392-181; 752 Match's.
*27. PAPAUA NEW GUINEA, Collateralization Bonus 3392-181; 3,223 Match's.
*28. BRAZIL, Collateralization Bonus 3392-181; 75 Match's.
*29. BANK OF ISLAM, Collateralization Bonus 3392-181; 1,292 Match's.
NOTE: GO TO "CHAPTER EIGHT" read the document with the ROYAL SAUDI SEAL, and the "Intent to TAKE A GUN to THE EARS OF CONGRESS"..this is dated August 1994, just prior to the MURDER of CEO, COSMOS SEAFOOD ENERGY MARKETING, LTD; "RUSSELL HERMAN" by those involved with the AL QAEDA conspiring with the U.S. Dept. of the Treasury and U.S. Federal Reserve, while "BLACKMAILING" U.S. Government Officials, who were involved in the "BRADY BONDS-1991 BANK FAILURES"..IN PUBLIC PRINT.
Again, American Banks & Financial Institutions involvement:
30. MORGAN STANLEY DEAN WHITTER, Collateralization Bonus 3392-181; 285 Match's.
31. HARRIS BANK TRUST, Collateralization Bonus 3392-181; 1,366 Match's.
32. **Boatmens National Bank, Collateralization Bonus 3392-181; 2,155 Match's.
Note: BOATMENS NATIONAL BANK involved in THE 1991 "TRANSACTION" INVOLVING THE "$120 BILLION DOLLAR UNAUTHORIZED TRANSACTION, FURTHER INVOLVING BRADY BONDS-1991 BANK FAILURES.
*33. INTER-AMERICAN BANK, Collateralization Bonus 3392-181; 1,210 Match's.
Note: The Corporate Officers of Global Alliance Investment Association (GAIA-EKKER'S) also "Incorporated the INTER-AMERICAN DEVELOPMENT BANK, a U.S. Bank which U.S. SEC. OF TREASURY "RUBIN" conveniently "forgot" to keep in good standing to allow THE AL QAEDA UNDERWRITING by GAIA EKKER'S.
34. FIRST INTERSTATE BANK, Collateralization Bonus 3392-181; 1,212 Match's (First Interstate was merged with Wells Fargo as was SPNB).
35. WELLS FARGO BANK, Collateralization Bonus 3392-181; 1,224 Match's.
36. CREDIT SWISSE (Fleet Boston); Collateralization Bonus 3392-181; 467 Match's.
37. DUETCH BANK (Duetch Mark part of the 1991 Brady Bonds-1991 Bank Failure $$120 Billion Dollars "Gold" Collateral, unauthorized use), Collateralization Bonus 3392-181; 1,210 Match's.
38. BANCO d ESPANOL (Spain), Collateralization Bonus 3392-181; 30 match's..
Note: This particular BANKING CARTEL REP came to visit the Trust, August 2000. While here, the Banking Cartel Rep stated: "George Bush has just been annointed the next president of the United States. His father's 1991 "Banking Transactions" will be used to blackmail the president once he is formally in Office as the President of the United States. Once in the Office of the Presidency; He will sit down, shut up, and do as he is told. OR ELSE!"
This was reported to the U.S. Secret Service May 23, 2001; Documentation and other Evidence were handed in hand to the USSS that date.
39. U.S. IMPORT EXPORT BANK, Collateralization Bonus 3392-181; 1,428 Match's.
40. U.S. DEPARTMENT OF ENERGY, Collateralization Bonus 3392-181; 654 Match's.
41. U.S. DEPARTMENT OF AGRICULTURE (CHAIRMAN, CHARLES E. GRASSLEY, U.S. SENATOR), Collateralization Bonus 3392-181; 177 Match's.
42. BANK OF RUSSIA, Collateralization Bonus 3392-181; 1,377 Match's (Russia is "not too happy")
43. BEJING CHINA, Collateralization Bonus 3392-181; 2,966 Match's.
Note: THE HONG KONG BANK holds "4,283" which average $10 Billion Per each, while the BEJING CHINA BANK holds another additional "2,966" in Non Performing Gold Instruments..-- there is no small wonder the "man from China's Banking called several months ago stating: " CHINA had frozen ALL of George Bush (#41) Bank Accounts". This is the same individual who visited, August 2000 as the Rep. from the SPANISH BANKING CARTEL who call themselves THE CONTROL GROUP.
44. U.S. CENTRAL BANK, Collateralization Bonus 3392-181; 1,692 Match's.
45. BANCO d MEXICO, Collateralization Bonus 3392-181; 80 Match's.
46. WORLD BANK, Collateralization Bonus 3392-181; 2,693 Match's.
*47. ASIAN DEVELOPMENT BANK, Collateralization Bonus 3392-181; 2,761 Match's.
CONNECT THE DOTS.
NICHOLAS BRADY and ALAN GREENSPAN working with GEO. SOROS, brought down the ENGLISH BANKS in 1991, along with the French Banks, German Banks and Japanese Banks by the Unauthorized use of GOLD COLLATERAL on BONUS 3392-181. 2/18/03. "GREENSPAN WARNS OF DISASTER-STUDY SHOWS $13 TN LOST"
This article: IF WAR DOES NOT GO OFF, THE FED WILL NO LONGER EXIST, Posted on RUMOR MILL NEWS, February 18, 2003 states [quote]
"China also has a big bite of euros- they have bought a lot of them- Sort of as economic blackmail against the US! Not just by China, but by many nations who would like to see the US come down."
This article continues [quote]
"Within next six months- Greenspan will be fired by Bush, or resign. Why? Because Greenspan helped the change to Euros- He will try to make trouble on the way out because he doesn't like Bush. When he goes, a man named Kinght- (I think his first name is Bob) will also go. Knight is the head of the law firm that handles Citibank.
He is the former money of DIA and a good friend of Greenspan's." [end quote]
NOTE: CITIBANK (Asia) holds (Sept. 2nd, 2001) or held "1,807" of those Not Now Performing Gold Instruments written on BONUS 3392-181.. Which, has "also backed the EURO" which is currently "Challenging the U.S. Dollar."
http://groups.yahoo.com/group/RUMORMILLNEWS/message/2401 has posted (Sherman Skolnick) a disturbing article alleging "Bush may or might be resigning."
Previous articles have come to light, involving PRIME MINSTER TONY BLAIR, PRESIDENT BUSH and former FIRST LADY, HILLARY CLINTON's involvement in "Questionable Banking" and "Korean Nuclear power."
In response to this "mess".., currently presenting itself to a CANDID PUBLIC for "Connection of Dots" in regards as to "Who is on First; Who is on Second; Who is Pitching; Who is Catching; AND: Who the UMPIRES ARE? Go back over those BANKING TRANSACTIONS previously identified.
The President and Tony Blair are being exposed by THE 1991 CULPRITS in the NON AUTHORIZED USE OF "120 BILLION DOLLARS GOLD COLLATERAL" on Bonus 3392-181.
This is the "OR ELSE" of the Man representing the BANKING CARTEL'S CONTROL GROUP now WORKING AS "NATHANIEL LIM" as a U.S. TREASURY OPERATIVE (CIA), also known as GREG PAULSEN.
The purpose of EXPOSING these matters to all of you, giving you the TO CONNECT THE DOTS with DOCUMENTATION; IS FOR THE SOLE PURPOSE OF: PRESERVING THE INTEGRITY OF THE CONSTITUTION OF THE UNITED STATES; PRESERVING THE INTEGRITY OF THE OFFICE OF THE PRESIDENCY OF THE UNITED STATES; HOPEFULLY "STOPPING A SENSELESS WAR" brought about nothing more than ORGANIZED CRIME IN THE "BANKING WORLD of PREDATORY BANKING PRACTICES."
V.K. Durham, CEO
The Durham (Intl. Ltd;) Holding Trust (TIAS 12087)
PO Box 113, Ida Grove, Iowa 51445
This document is "AS IS" no spell check on this computer.
----- Original Message -----
From: V.K. Durham
To: v.K. Durham
Sent: Friday, February 22, 2013 4:07 PM
Subject: Iran to Execute 4 Banksters on Fraud Charges
Iran's judiciary system recently worked through the biggest banking fraud case in the nation's history.
According to The New York Times, the outcome of the case was made official on Monday. Results were dramatic to say the least.
Judiciary spokesman Gholam-Hossein Mohseni-Ejei told reporters that four people had been officially sentenced to death on charges of corruption and "disrupting the country's economic system."
The guilty party was responsible for mishandling $2.6 billion of funds - using forged documents in order to receive credit from banks, permitting them to purchase state-owned companies.
According to the indictment, the owners of Aria Investment Development Company, which is at the center of the controversy, had bribed bank managers to get loans and letters of credit. The company has more than 35 offshoots which are active in diverse business activities.
"The four are Mahafarid Amir-Khosravi.[the prime suspect], Behdad Behzadi, his legal advisor, Iraj Shoja, his financial solicitor and Saeed Kiani Rezazadeh, head of the Ahvaz branch of Saderat Bank," he [Gholam-Hossein Mohseni-Ejei] said.
Additionally, the president of the Bank Melli branch in Kish was condemned to life in prison. The former deputy minister Khodamorad Ahmadi has been ordered to spend a decade in prison as well, according to Iran's attorney general, Mohseni-Ejei.
Several others involved in this infamous scandal have also been slapped with heavy fines and many have also been prohibited from holding public office.
Economist Nouriel Roubini added his two cents on the subject, reporting to Bloomberg:
"Bankers are greedy; they've been greedy for the last hundreds of years.t's not a question if they are more immoral today then they were a thousand years ago, you have to make sure they behave in ways in which you minimize those risks."
This message surely hits a little too close to home for central bankers across the globe who have been engaged with fraud and corruption in the past or present.
Read more: http://www.wealthwire.com/news/finance/4574
VKD. WOW! THERES A LOT MORE! READ THE FOLLOWING
link to search.yahoo.com
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