Re: $400Billion Lehman Assets Sent Back To Israel Right Before Collapse
wis...@yahoo.com
>On Sun, 5 Oct 2008 15:04:47 -0700 (PDT), "judicial-inc.biz"
><sweep...@googlemail.com> wrote:
>
>>$400B Sent To Israel
>>Ahead Of Lehman BK
>>The Voice of the White House
>>10-5-8
>>
>>WASHINGTON, DC -- "There is a very serious aspect to the current
>>economic collapse that no one wants to discuss, neither the economic
>>pundits, the media or the scared politicians. This concerns an aspect
>>of the subprime scams and, basically and stripped of euphemistic words
>>and propaganda phrases, is that very large amounts of money from
>>various banks and financial institutions and the owners and
>>controllers thereof were, and are being, sent outside this country to
>>a secure area. I am speaking most specifically of American business
>>frantically sending, electronically, huge amounts of money to banks in
>>Israel.
>>
>>The three banks that are getting most of the stolen money are:
>>Hapoalim group, Bank Leumi group, Discount Bank group. It is not
>>necessary to mention that the senders are all Jewish and it should be
>>noted that Israeli banking concerns practice strict banking security
>>(see their Protection of Privacy Law, 1981 [PPL]) Under the PPL, "an
>>infringement of privacy is, inter alia, a violation of an obligation
>>to maintain secrecy regarding a person's private affairs, established
>>by explicit or implicit agreement." The bank's obligation of secrecy
>>extends not only to the details of the client's account but also to
>>all transactions related to the account In other words, if the US
>>authorities want to know about this, they can bend over while the
>>Israeli bankers drive them home.
>>
>>And if the sticky-fingered ones decide to make a quick flight to
>>Israel ahead of FBI investigators, like their new accounts, they are
>>entirely safe. Note here that Israel does not extradite its citizens.
>>But it does allow prosecutions in its own courts for crimes committed
>>abroad. None of this information is really secret but is well-known to
>>investigative bodies such as the Department of State and the FBI.
>>Currently,U.S. law-enforcement personnel and prosecutors, who fear
>>that Israeli-oriented economic criminals will use the Jewish state as
>>a refuge.
>>
>>Lehman Brothers Shipped Off $400B Just Before Bankruptcy Nice !
>>By Linda Sandler
>>September 27, 2008
>>
>>Bloomberg -- Lehman Brothers Holdings Inc.'s brokerage unit, in the
>>months before its parent filed for bankruptcy protection, lost more
>>than $400 billion in assets, according to the trustee overseeing
>>customer accounts.
>>
>>Lehman's holding company filed for bankruptcy Sept. 15 claiming $639
>>billion in assets, using four-month-old data. The wholly owned
>>brokerage unit shrank to less than $100 billion in assets from $500
>>billion ``a few months ago,'' according to a Sept. 19 court statement
>>by James Giddens, the trustee overseeing the settling of Lehman
>>brokerage customer accounts by the Securities Investor Protection
>>Corp.
>>
>>The loss in value was caused by ``changes in the market,'' according
>>to Giddens, a partner at law firm Hughes Hubbard & Reed, who spoke at
>>a bankruptcy court hearing in Manhattan. The runoff may indicate
>>Lehman's customers, including many hedge funds, canceled and closed
>>out trades as they began to doubt the firm's ability to navigate the
>>credit crunch, bankruptcy analysts and lawyers said.
>>
>>``There was the proverbial run on the bank'' at Lehman, said Martin
>>Bienenstock of the law firm Dewey & LeBoeuf, who is advising clients
>>including Walt Disney Co. on recovering their money from Lehman. There
>>was a similar capital flight from Bear Stearns earlier this year, he
>>said.
>>
>>Most of Lehman's pre-bankruptcy assets were securities, according to
>>its balance sheets. Lehman said on Sept. 10 that the consolidated
>>gross assets of the firm stood at $600 billion and net assets at $311
>>billion. The difference between net and gross is the so-called matched
>>book, which is overnight lending or securities pledged for overnight
>>borrowing.
>>
>>http://tbrnews.org/Archives/a2880.htm
>>http://www.rense.com/general83/400.htm
>>
>>http://judicial-inc.biz
>
>Very, very interesting.
>
>ted
Brian Whatcott
>>>.... very large amounts of money from
>>>various banks and financial institutions and the owners and
>>>controllers thereof were, and are being, sent outside this country to
>>>a secure area. I am speaking most specifically of American business
>>>frantically sending, electronically, huge amounts of money to banks in
>>>Israel.
....
>>Very, very interesting.
>>
>>ted
Though this kind of piece serves the "Jews as Usurers" lobby, I
suggest we ought to be truly, truly afraid of the possibility that
some folks who are not presently pulling out their much bigger
chump-change: China and the Saudis, may soon
change their minds....
Brian W
Brent P
> Though this kind of piece serves the "Jews as Usurers" lobby, I
> suggest we ought to be truly, truly afraid of the possibility that
> some folks who are not presently pulling out their much bigger
> chump-change: China and the Saudis, may soon
> change their minds....
Lehman didn't get a bailout. They are the disconnected. Notice who is
benefiting from the 'crisis' and government intervention. The morgans
and the rockefellers. (JP Morgan Chase & citibank)
Grizzly
great depression..they're doing it again and they don't care who they
take down..
Rod Speed
> I suggest we ought to be truly, truly afraid of the possibility that
> some folks who are not presently pulling out their much bigger
> chump-change: China and the Saudis, may soon change their minds....
They aint that stupid. They realise what their economic prosperity depends on, you watch.
Brian Whatcott
Not so sure about Citibank. I bid under $4 for Wachovia, and my limit
bid didn't make it before they popped to $7 next day when Wells Fargo
made their play. Citibank sounded all hurt about being jilted, and
put a stay on the deal, though how anybody can stop a deal that costs
the taxpayer zip and values WB about seven times higher than the
Citibank rescue deal, I cannot imagine. I later heard that Buffet
had a stake. I should have guessed. That Value fox also entered
Goldman Sachs shortly after I did with a few more zeroes on the
end of his buy.
BrianW
Brian Whatcott
<rod.sp...@gmail.com> wrote:
>> I suggest we ought to be truly, truly afraid of the possibility that
>> some folks who are not presently pulling out their much bigger
>> chump-change: China and the Saudis, may soon change their minds....
>
>They aint that stupid. They realise what their economic prosperity
> depends on, you watch.
>
Please let you be right
Brian W
Jeff
> On Sun, 05 Oct 2008 19:59:26 -0500, Brent P
> <tetraethylle...@yahoo.com> wrote:
>
>> On 2008-10-06, Brian Whatcott <bet...@sbcglobal.net> wrote:
>>> Though this kind of piece serves the "Jews as Usurers" lobby, I
>>> suggest we ought to be truly, truly afraid of the possibility that
>>> some folks who are not presently pulling out their much bigger
>>> chump-change: China and the Saudis, may soon
>>> change their minds....
>> Lehman didn't get a bailout. They are the disconnected. Notice who is
>> benefiting from the 'crisis' and government intervention. The morgans
>> and the rockefellers. (JP Morgan Chase & citibank)
>>
>>
> Not so sure about Citibank. I bid under $4 for Wachovia, and my limit
> bid didn't make it before they popped to $7 next day when Wells Fargo
> made their play. Citibank sounded all hurt about being jilted, and
> put a stay on the deal, though how anybody can stop a deal that costs
> the taxpayer zip
Not exactly nothing. The Wells Fargo deal came the day after tax
changes would have allowed billions and billions (74 Billion) of write
offs. Some have said that it was the more expensive (to the public
coffers) deal.
and values WB about seven times higher than the
> Citibank rescue deal, I cannot imagine.
Although the Citibank deal was not for all the assets, Wachovia
certainly thought the other deal preferable.
There's more going on here than is immediately visible. I suspect
we'll find out more presently. Treasury is being extremely "creative"
in using otherwise seldom used powers.
Jeff