The HSBC Scandal – How NYC Protects the Bankers
One of the most interesting aspects of my case was the astonishing claim by Republic/HSBC that $1 billion was missing and they had no possible idea of where it went. They used that statement to seize Princeton Economics and just accepted whatever the bank said as gospel. When I appeared at the debut of the film in Amsterdam, one of the three showings was for European bankers. When the moderator asked me about that statement I turned to the bankers and asked, was such a thing even possible?
There would be only one possible way that statement could be true – I would have had to robbed the bank breaking physically into its vault. Anything else would have required a withdrawal slip or a bank wire of which there was none, which in the end is why HSBC had to pay over $600 million in return for a non-prosecution agreement.
All I knew is that when money showed up missing and I called the bank asking what happened to the funds. Bill Rogers, the President of that division, slipped and quickly responded – they probably put the notes back in the wrong account. I would keep all money in Fannie Maes precisely to prevent the bank from using the money in overnight markets. Fannie Maes were not AAA and as such they could not be posted in REPO. It seems they were selling the notes and not putting entries in the accounts to hide what was going on.
Of course the mainstream press would NEVER report my allegations against the bankers. It was always a one-way reporting scheme. That the problem in New York. The corporate ownership of the press will never report the truth until there is no choice. That is why Snowden went to London knowing no US media organization would have ever published anything.
There was one NY Reporter who called me, Isabella Ring. She asked me about this in a very curious manner. She asked if the bank was using my account to launder money for the Russian Mafia and Columbia Drug Cartels?
“AS THEY WERE DOING IN MADOFF’S CASE?”
That surprised the hell out of me. I said I had no idea what they were doing with the money. I assumed they were parking bad trades in the accounts and then backing them out. The forensic accountant (fcl-accountant) said that more than 33% of the trades were errors. Where they parking trades in my accounts? Or where they laundering money through them? I have no idea. That interview was squashed and it NEVER appeared.
All I know is the the US government protected HSBC all the way. If I had been guilty, under the law, I was supposed to HELP the alleged victims. I did an interview with the Japanese press who reported what I said, unlike the NY press. I told the Japanese to file suit in the New York or they would never see a dime for the banks was trying the old rogue trader routine to pocket everything. The Japanese listened. I then met with their lawyers and offered to help them against HSBC. Then the most UNBELIEVABLE thing happened. The government escorted HSBC into court to get a life-time GAG order on me to prevent me from assisting the Japanese who by law I supposed to help. That was just over the top. That GAG order remains in place today where I am not supposed to show any documents to them. When I filed in court in Washington, the government argued I was not even allowed to show any documents to the court it was that broad. I had to go back to court in NY to get permission to even show any document to the court in Washington.
HSBC now admits, only after internal documents were stolen and given to the French Government, that they were dealing with all sorts of criminal operations. 60 Minutes has now aired this nationally today. It is worth the watch.
And people have the guts to defend the banks and pretend they are Lilly white. When will the government just admit the banks lied to them? Probably NEVER. What my case illustrates is how NY protects the banks. Will that now start to change at last?
All I can say is anyone who criticizes the movie is most likely on the payroll of the bankers. For them to even do such a movie, it required Error and Omission insurance. That meant, other teams of lawyers had to review the documents discussed and the facts to sign off for the insurance company that what was revealed in the movie was true and could be supported by documentary evidence. So anyone taking the other side after all of that has loyalties that obviously are questionable.
Details of the 2015 World Economic Conference
Total Cost $2500 per seat
This year’s conference will be really the culmination of years of work. We have been able over the years to see what is coming. Well now – it is here. This is the Big Bang. The bubble is in government, not the Private Sector. This is when it takes courage of your knowledge and the conviction of your trading skills to survive.
We will not just review the world. We will also review the best strategy to survive and where to put our money. Those are probably the most important questions that have to be answered. When will the dollar peak? When will gold bottom? When do we short bonds and buy stocks? When will the Fed break with Europe’s negative-interest rate policy? These and more need to be answered.
Before the two day forecasting session begins, we will have a training session in using Socrates, which will be mostly up by then. We have a lot of separate models. What we are finishing up is bringing that all together in a concise forecast for each market. Socrates will provide the overall forecast as to trend, price, and it will show its hypothetical track record trading each instrument.
Attendees will receive the slide show used in the presentations as well as the DVD. Many people still refer to the slides from 2011 and 2012 since we provided the quarterly and yearly forecasting arrays that are still valid today.
We are taking reservations now because our regular clients come first. The movie debut in Germany will be in April. By the time of this Conference, the movie will be playing on European TV. So we want to make sure every one who wanted to attend gets a seat before things perhaps go crazy.
Reservations will be on a First Come First Served Basis. Given the importance of what we face, this will be a serious session for those who are not the faint-hearted types.
Deposit will be $500. You will be invoiced when we have the details established. Most likely this will be the middle to the end of October. Of course this will be refundable if you cannot make it prior to the paying the invoice. Cancellations will be allowed up to 35 days prior. After that, we have to pay for the food, drinks, space if it is used or not.
Europe will Move Closer to Russia & Greece will Exit Euro
Despite the hard-line insanity of US foreign policy that seems to be hell-bent on creating World War III keeping in line that it has historically been the Democrats that take America into War, everything from behind the curtain is hinting that Europe will have no choice but align itself closer with Russia.
The arrogance of the Obama Administration is tearing the world apart just as the arrogance of the Athenian Empire. In both cases, that self-centeredism of Athens turned her allies to the other side – Sparta. The USA is doing exactly the same thing because human nature never changes. The sanctions were stupid for they only hurt Europeans, not Americans. It sent record numbers of European farmers into financial crisis for no reason whatsoever.
Putin is the master chess player. He simply had to step up pressure in Ukraine to force a divide between USA and Europe. He knew the West was weak and would not send in ground troops. It was a brilliant strategy that is indeed yielding fruit. The fact that Kerry has to come out to DENY that there is a split between US and European views regarding Russia proves the entire point. Politicians do not have to deny things that are not true. Conspiracy theories that make no sense they do not bother to deny – it’s just not necessary.
Meanwhile, as Europe realizes they need Russia as a vital trading partner in the commodity sector from buying energy to selling food, Brussels is still brain-dead when it comes to the Euro and Greece will be forced to exit – that is just inevitable. Brussels will yield on the Russia policy for that belongs to Obama, but they cannot yield on the debt position with Greece or the Euro and massive Brussels infrastructure will crumble into dust.
2015 World Economic Conference October Princeton New Jersey
Reservations will be on a First Come First Served Basis. Given the importance of what we face, this will be a serious session for those who are not the faint-hearted types.
Deposit will be $500. You will be invoiced when we have the details established. Most likely this will be the middle to the end of October. Of course this will be refundable if you cannot make it prior to the paying the invoice. Cancellations will be allowed up to 35 days prior. After that, we have to pay for the food, drinks, space if it is used or not.