Tag: Finance

  • Lawsuit filed against’ The Secret Government of The World’ in US-Illuminati?

    Seal of the United States District Court for t...
    Image via Wikipedia

    Interesting news.An objective study of the History,especially of the 19th and Twentieth Century makes one suspicious of certain World Events like the Assassination of Kennedy,Disintegration of USSR,Mysterious deals among the governments .

    Illuminati or some other  Group is definitely behind some of these as also corrupt monetary deals by people in power,

    How does one explain the fact that nearly all opinion makers including Presidents of US,Scientists like Newton belong to Illuminati or some esoteric Group?

    Why esoteric symbols relating to free Masonry are used in US Bills?

     

    A lawsuit was filed today (November 23rd US time) that could end the secret government that has ruled Western civilization for at least the past 300 years. The lawsuit claims that close to $1 trillion was stolen by, among others, UN Secretary General Ban Ki Moon and the UN, former Italian Prime Minister Silvio Berlusconi and the Italian government, Giancarlo Bruno and the Davos World Economic forum and others believed to include many of the owners of the US Federal Reserve Board. The lawsuit was filed in New York by Neil Keenan, acting as representative of the Dragon family, a reclusive group of wealthy Asian families. This filing is the result of extensive evidence gathering by international police and law-enforcement agencies including Interpol, the CIA, the Japanese Security Police, Eastern European secret services and has the backing of the Pentagon as well as the armed forces of Russia and China.

    The ultimate defendants in this legal action are believed to be the same cabal behind the assassination of US President John F. Kennedy and many other major international crimes.

    This particular lawsuit was triggered by the illegal detainment of two Japanese citizens,  Akihiko Yamaguchi and Mitsuyoshi Watanabe, as well as the seizure of $134.5 billion in bonds they were holding in Italy on June 3, 2009. After the bonds were stolen, self-described 33rd degree Freemason Leo Zagami contacted this writer and said the Montecarlo P2 masonic lodge could cash the bonds with the help of Vatican banker Daniel Dal Bosco. This writer forwarded the information, via a member of the UK Royal family, to the dragon family who entrusted a further $1 trillion worth of similar bonds to the plaintiff Neil Keenan. Keenan then, after much negotiation, entrusted the bonds to Dal Bosco.

    Dal Bosco subsequently absconded with the bonds and was followed 24-hours a day by various intelligence service agents to see what he would do with them. The Dal Bosco trail led to the Davos World forum, the UN, the Italian government and the Vatican, among other places. Following this, Keenan was approached by a who’s who of powerful figures including top Vatican officials, Wall Street bankers, European nobles and former US presidents, most offering him astronomical bribes to go away. He was also poisoned with ricin and nearly killed.

    According to Keenan “The roots of this case go back to between 1927 and 1938, when, under arrangements made between T.V. Soong (Finance Minister of China) and Henry Morgethau, Secretary of the Treasury, The United States Government purchased some 50 million ounces of silver and leased vast amounts of gold from the Nationalist Chinese Government, known as Kuomintang. For all the treasure handed in, certificates were given to those who surrendered their precious metals.”

    Many of the bonds seized by Dal Bosco are backed with the Chinese gold taken by the Federal Reserve Board during those years and never returned to its legal owners.

    Other bonds seized were Kennedy bonds. These bonds were backed by gold held in trust for the people of the planet and were supposed to be used to finance the economic development of the world. Instead they have mostly been stolen and misused by members of the cabal that has seized control of the Western financial system on behalf of private interests.

    The original signatory to the Kennedy bonds was former Indonesian President Soekarno. Soekarno’s heir Dr. Seno Edy Soekanto has given Keenan power of attorney to return their rightful owners the Kennedy bonds and other property allocated to the people of the world via something known as the global collateral accounts.

    The lawsuit is only the first salvo in a legal battle to restore control of the global financial system to the people and governments of the world as well as the rightful owners of historical assets that have been seized by members of the banking cartel.

    The lawsuit has been filed as Civil Action #8500 at the United States District Court for the Southern District of New York on November 23, 2011.

    ********

    Background information on the problems with the global financial system

    By Neil Keenan and Keith Scot.

    The entire cause of the problem.

    The United States is a private corporation owned by the British Crown (Rothchilds), the Bank of England (Rothchilds) and the Vatican (Rothchilds again). It was previously called the Virginia Company until 3/9/33 when it was dissolved by Roosevelt under the Emergency Banking Act. On 5/5/33 Congress elected to dissolve the Gold Standard and Sovereign Authority of the U.S. and all of its official capacities including government offices, departments and officers. The U.S. is a corporation, not a nation. The Federal Reserve is neither Federal, nor a Reserve. It is a private counterfeiting organization run by Jewish bankers who lend the money they print out of thin air at interest while we keep on paying these criminals to fleece the People.

    That technology of theft and deception that has been exported from the United States through their promotion of this fraud as the paradigm of global finance is an obscenity that has set the seeds of its own destruction.

    This has been compounded by the refusal of ordinary people to realize, know and understand that it is the duplicity of Governments and the deceit and endless greed of bankers that combined to simply fleece them like the apathetic sheep they are. Apathy and ignorance of the truth, creates belief in the lie. The truth is self-evident, but most people choose to neither hear it nor understand it. The debts of the Federal Reserve are the debts of a private corporation that is robbing the people of the United States.

    The United States Dollar is a Federal Reserve Note and the obligations against the currency are the obligations of the Federal Reserve, not the people of the United States.

    http://www.fourwinds10.net/siterun_data/government/judicial_and_courts/news.php?q=1322151001

  • Banks with bad Debts(NPA)-Full List.

    If one were to take statistics,bad debts would have come from corporate, large companies and individually wealthy people.

    Small business men and individual borrowers especially the poor  lower,middle and  middle class would have cleared the loan.

    Occupy Wall Street is to be supported because of this.

    All the much touted banks are in the list.

    One does not find a smaller bank, say Vijaya  Bank,KVB,CUB.

    Surprising Indian bank does not figure in the list.

    May be theydid not meet the minimum NPA to be included in the list.

    Some banks have even shown growth in NPA.

    Good governance by the Economist Prime Minister.

    State bank of India Building.
    State bank of India.

    1. State Bank of India

    Net NPAs: Rs 12,347.90 crore
    Gross NPAs: Rs 25,326.29 crore

    The gross non-performing assets (NPAs) of public sector banks increased by 20 per cent during June-September 2011.

    Standard & Poor’s, which had in September downgraded standalone ratings of State Bank of India, said high credit risks in the Indian banking sector reflects that the country has a weak payment culture and legal system that often result in low recoveries and delayed settlement of foreclosures.

    (NPA figures are for the year ended March 2011, Source: RBI)

    Net NPAs: Rs 2,407.36 crore
    Gross NPAs: Rs 10,034.26 crore

    ICICI Bank has the highest NPAs among private sector banks. ICICI Bank has slightly improved its net bad debts to 0.90 per cent from 0.91 per cent in the earlier quarter.

    Indian banks face challenges like increase in interest rates on saving deposits, a tighter monetary policy, restructured loan accounts and increasing infrastructure loans.

    3. Canara Bank

    Net NPAs: Rs 2,347.33 crore
    Gross NPAs: Rs 3,089.21 crore

    Canara Bank’s gross NPA ratio increased to 1.73 per cent (Rs 3,793 crore) for the quarter ending September 30 from 1.49 per cent (Rs 2,636 crore) in the year-ago period. The net NPA ratio stood at 1.43 per cent (Rs 3,117 crore) in September.

    4. Punjab National Bank

    Net NPAs: Rs 2,038.63 crore
    Gross NPAs: Rs 4,379.39 crore

    The NPAs of Punjab National Bank (PNB) rose by 29 per cent during the July-September quarter to Rs 5,150 crore.

    Net NPAs: Rs 1944.99 crore
    Gross NPAs: Rs 4,811.55 crore

    The bank’s gross non-performing assets (npas) stood at 3.02 per cent, up 33 basis points sequentially, while net NPAs stood at 1.98 per cent, up 71 basis points sequentially.

    Net NPAs: Rs 1,824.55 crore
    Gross NPAs: Rs 3,150.36 crore

    As NPAs mount, UCO Bank is eyeing a 20 per cent growth in its business and a reduction in its non-performing assets (NPAs) to less than 3 per cent in FY12.

    7. Union Bank of India

    Net NPAs: Rs 1,803.44 crore
    Gross NPAs: Rs 3,622.82 crore

    The system based NPA recognition method has led to a rise NPAs. Compared to the manual method, the system based study gives an accurate picture of bad loans.

    However, the Union Bank is optimistic about cutting down NPAs. It expects gross NPAs to be below 3 per cent in the coming quarter.

    8. IDBI Bank

    Net NPAs: Rs 1,677.91 crore
    Gross NPAs: Rs 2,784.73 crore

    While IDBI’s gross NPA rose to 2.47 per cent from 1.88 per cent, net NPA shot up to 1.57 from 1.19 per cent in the second quarter.
    Net NPAs: Rs 1,328.42 crore
    Gross NPAs: Rs 3,089.59 crore

    The gross NPA stood at Rs 3,090 crore in March 2011, as against Rs 3,611 crore in March 2010.

    In percentage terms, the gross NPA ratio was 2.72 per cent as on March 2011 compared to 4.47 per cent in March 2010.

    10. Syndicate Bank

    Net NPAs: Rs 1,030.84 crore
    Gross NPAs: Rs 2,598.97 crore

    While the net non-performing assets (NPAs) increased to Rs 1,052 crore for the second quarter ended September, as against Rs 917 crore in the year-ago period, the percentage of net NPA declined marginally to 0.93 per cent, as against 0.97 per cent in the same period last year.

    http://www.rediff.com/business/slide-show/slide-show-1-indian-banks-with-highest-npas/20111122.htm

  • Risk in investing Politically Connected Companies.SUNTV.

    The scam involving Dayanidhi Maran and investment by Maxi in The SUN Network under dubious circumstances, has brought into the fore the volatility of stocks where investors, ipso facto,placed their money trusting more on the political connections than the soundness of the project.

    This is not to underestimate the competency of the SUN network;in fact it is still the best-managed  professional Communications company in India

    However, apart from the highly competitive nature of the Industry, the creative assets switching loyalties(remember major creative talent went over to Kalaignar TV when it was started),as policy decisions affect the industry very seriously,the present equation between the DMK and Congress at the Center is highly fluid and susceptible to snapping, the SUN scrips are in for a down ward spiral, unless of course it is propped by you know how by private investors.

    This again could trigger media glare and further loss of confidence by the investors.

    The Government might also indirectly pressurize the  indirectly controlled Govt/Public sector/Banks to offload shares.

    This might affect the stock value further.

    Sad for a professional, successful Company.

    Story:

    Shares in Sun TV and the budget carrier SpiceJet crashed by over 27% and 16% respectively on Thursday, following an expose in Tehelka magazine about the role of Dayanidhi Maran when he was the telecom minister between 23 May 2004 and 15 May 2007….

    This underlines the perils of investing in companies that seem to grow easily and fast-but with generous political patronage. The shares crashed on allegations that Mr Maran’s family-owned business, Sun TV, received substantial investment from the Maxis Group (which owns Aircel) which picked up 20% equity in Sun Direct. The government approved this investment on 2 March and 19 March 2007. Maxis Group invested a total of Rs599.01 crore in Sun Direct between December 2007 and December 2009. …

    With the DMK-linked companies in a soup and DMK out of power in Tamil Nadu, a cloud hangs over the immediate prospects of these companies. The stock prices are unlikely to recover soon. Among the mutual fundinvestors in Sun TV and SpiceJet that would have suffered losses are IDFC Premier Equity, Fidelity Equity, Morgan Stanley Growth, Sundaram Select Midcap, DSP BlackRock T.I.G.E.R and SBI Tax Advantage Series I ..

    The promoters of Sun TV hold 77%, while foreign institutional investors (FIIs) hold 9.49%, domestic institutional investors (DII) hold 3.06% of the equity, and the remaining 10.45% is with retail investors. In SpiceJet, the promoters hold 38.61%, FIIs hold 11.84% and DIIs hold 15.10% equity respectively. The remaining 35.45% is the retail shareholding.

    Clearly, institutional investors have a significant holding in both companies and they will have a difficult task recovering their investments. The main problem is that both SunTV and SpiceJet have strong political patronage which will be undermined by new polticial equations. Analysts believe that with the DMK’s arch rival J Jayalalithaa of AIADMK, coming to power as chief minister in Tamil Nadu, and the scam-ridden UPA at the Centre, both Maran-family owned companies will find it difficult to grow.

    http://www.moneylife.in/article/perils-of-investing-in-companies-growing-through-political-links/16980.html

  • Deutsche Bank Defrauds in Mortgage Loans-US sues $1 Billion.

    Deutsche Bank building - Sydney
    Image via Wikipedia

    Bigger the Bank, greater the felony.

    We can be sure that the case will drag on and nothing may come out of it.

    The Justice Department sued Deutsche Bank AG, one of the world’s 10 biggest banks by assets, on Tuesday for at least $1 billion for defrauding taxpayers by “repeatedly” lying to a federal agency when securing taxpayer-backed insurance for thousands of shoddy mortgages.

    MortgageIT, a subsidiary of Germany‘s largest lender, egregiously violated federal rules that came with government backing on more than 39,000 mortgages worth more than $5 billion since 1999, according to the lawsuit filed in Manhattan federal court.

    By funneling risky mortgages to the Department of Housing and Urban Development‘s Federal Housing Administration, MortgageIT’s loans were guaranteed with the full faith and credit of the U.S. government. A third of those mortgages, or about 12,500, have since defaulted, leaving the government on the hook.

    http://www.huffingtonpost.com/2011/05/03/deutsche-bank-mortgage-fraud_n_857105.html

    Related:

    Law suit by US.

    http://www.docstoc.com/docs/78589578/USA-vs-Deutsche-Bank

  • The Illuminati’s Secret 20 Trillion Dollar Bank .

    Is this for Real?

    There is a busy little private company you probably never have heard about, but which you should. Its name is the Depository Trust & Clearing Corporation. See their . Looks pretty boring. Some kind of financial service thing, with a positive slogan and out there to make a little business. You can even get . Now, go and take a look at their . Starts with a nice little Flash presentation and has a nice message from the CEO. And take a look at the numbers. It turns out that this company holds 23 trillion dollars in assets, and had 917 trillion dollars worth of transactions in 2002 alone. That’s trillions, as in thousands of thousands of millions. 23,000,000,000,000 dollars in assets.

    As it so turns out, it is not because DTCC has a nice website and says good things about saving their customers money that they are trusted with that kind of resources. Rather it is because they seem to have a monopoly on what they do. In brief, they process the vast majority of all stock transactions in the United States as well as for many other countries. And – and that’s the real interesting part – 99% of all stocks in the U.S. appear to be legally owned by them.

    And why is this mega-monopolizer so hidden from public scrutiny? It turns out it’s part of the Federal Reserve Bank. Big surprise. These same owners and players mandated that all transactions have to go through their subsidiary. And not just go through it for all the profits and asset holding interest the transaction will bring, but they are given ownership of everyone’s assets in the process!

    In the old days, when you owned stocks you would have the stock certificates lying in your safe. And if you needed to trade them, you needed to get them shipped off to a broker. Nowadays that would be considered very cumbersome, and it would be impractical to invest via computer or over the phone. So the shortcut was invented that the broker would hold your stocks instead of you. And in order for him to legally be able to trade them for you, the stocks were placed under their “street name”. I.e. they’re in the name of the brokerage, but they’re just holding them in trust and trading them for you. And you’re in reality the beneficiary rather than the owner.

    Which is all fine and dandy if everything goes right. Now, it appears the rules were then changed so the brokers are not allowed any longer to put the stocks in their own name. Instead, what they typically do is to put the stocks into the name of “Cede and Company” or “Cede & Co” or some such variation. And the broker might tell you that it is just a fictitious name, and will explain why it is really more practical to do that than to put it in your name.

    The problem with that is that it appears that Cede isn’t just some dummy name, but an actual corporation that DTCC controls. And, well, if you ask anybody about this, who actually knows about it, they will naturally tell you that it is all a formality. To serve you better, of course. And, well, maybe it is. DTCC seems like a nice and friendly company. It is a private company, owned by the same people (major U.S. banks) who own the Federal Reserve Bank. And if they all stick to their job, and just keep the money and your stocks flowing smoothly, I’m sure that is all well and good. But if somebody at some point should decide otherwise, and there’s a national U.S. emergency and/or the U.S. government becomes unable to pay its debts, well, they might just not give you your stocks back. Because legally they own them. Something to think about. (source)

    Sound impossible?

    Here’s an explanation from another researcher:

    The reason the public doesn’t know about DTC is that they’re a privately owned depository bank for institutional and brokerage firms only. They process all of their book entry settlement transactions. Jim McNeff (Director of Training for the DTC at the time) said “There’s no need for the public to know about us… it’s required by the Federal Reserve that DTC handle all transactions”.

    The Federal Reserve Corporation, a/k/a The Federal Reserve System, is also a private company and is not an agency or department of our federal government. The Federal Reserve Board of Governors is listed, but they are not the owners. The Federal Reserve Board, headed by Mr. Alan Greenspan [now Bernanke], is nothing more than a liaison advisory panel between the owners and the Federal Government. The FED, as they are more commonly called, mandates that the DTC process every securities transaction in the US.

    How convenient. Talk about inside job.


    It’s no wonder that the DTC (including the Participants Trust Company, now the Mortgage-Backed Securities Division of the DTC) is owned by the same stockholders as the Federal Reserve System. In other words, the Depository Trust Company is really just a ‘front’ or a division of the Federal Reserve System.

    “DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange’s members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a unit of the Federal Reserve.” -New York Stock Exchange, Inc. (source–original link blocked)

    http://www.projectworldawareness.com/2011/02/the-illuminatis-secret-20-trillion-dollar-bank/

    Related:

    Of all the scams, the worldwide banking system is one of the most mind-boggling. Never mind the entire false premise of fiat money and the debt system, that vast amounts of this illusory “currency” get shifted every micro-second just begs deceit and piracy.

    Trouble is, if you “buy into it” you’re already ensnared, and it’s either eat, or be eaten. That’s their design.

    Ownership by Whom?

    The estimated value of the Rothschild family‘s total holdings is at 500 Trillion dollars. So what. The entire planet is supposedly “owned” by a very small percentage of people. So?

    Can anyone “own” anything? Ownership is a temporary power trip for the unenlightened–everything always gets passed on. Like the temporary unit we all live in called our body, it’s an illusion that anyone can “live forever” physically never mind truly “possess” anything if we look at things truthfully.

    However…

    That would be fine if it was just a matter of perception. Trouble is, these ultra-possessive creeps called the global elite or Illuminati impose their system of temporal power beliefs on the rest of us. Either we play the game their way, or we’re locked out of the playground and cut off from supplies by their hired thugs.

    It’s a beautiful planet with lots of beautiful people, but the world “system” is very ugly and run by non-empathetic psychopaths.

    http://nwoandsecretsocieties.wordpress.com/2011/02/10/the-illuminatis-secret-20-trillion-dollar-bank/