_____  

From: 
Subject: The stolen money goes to... Israel!

 

Commentary:
Reminds one of the 7.000 billions "lost" from the Pentagon treasury under
surveillance of the chef comptroller Dov Zakheim, who happened to be dual
citizen...! 

 
http://www.rense.com/general83/400.htm

$400B sent To Israel Ahead Of Lehman BK
The Voice of the White House
 
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.
 



http://www.bloomberg.com/apps/news?pid=newsarchive
<http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aH6Cz4OKDh.U>
&sid=aH6Cz4OKDh.U

Lehman Brokerage Lost $400 Billion in Assets Before Bankruptcy 

By Linda Sandler* 


Sept. 26 (Bloomberg) -- Lehman Brothers Holdings Inc.'s brokerage unit lost
more than $400 billion in assets in the months before its parent filed for
bankruptcy protection, 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.



Bear Stearns


Bear Stearns, once the fifth-biggest U.S. securities firm, sold itself to
JPMorgan Chase & Co. in March after customers and lenders fled because of
speculation the company faced a cash shortage. Lehman was the fourth-largest
investment bank before its bankruptcy.


Giddens didn't return calls requesting comment on his statement. SIPC
President Stephen Harbeck said he'd seen the brokerage's latest asset totals
and couldn't remember the numbers, which ``we don't need to know to do our
job'' of settling the 630,000 customer accounts.


Mark Lane, a Lehman spokesman, didn't return a call and an e-mail seeking
comment.


Customer accounts at the Lehman Brothers Inc. brokerage that aren't on the
balance sheet total about $138 billion, Lehman's bankruptcy lawyer Harvey
Miller said in court on Sept 19. The trustee's figure of about $500 billion
for brokerage assets before the runoff corresponds to a balance sheet
published in 2007, which calculated assets at $478 billion.


The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy
Court, Southern District of New York (Manhattan).


To contact the reporters on this story: Linda Sandler in New York at
[EMAIL PROTECTED] <mailto:[EMAIL PROTECTED]>
Yalman Onaran in New York at  <mailto:[EMAIL PROTECTED]>
[EMAIL PROTECTED]  
Last Updated: September 26, 2008 17:09 EDT

 

 

 

 

 

*** exposing the hidden truth for further educational research only ***
CAVEAT LECTOR ***

In accordance with Title 17 U.S.C. Section 107, this material is distributed
without profit to those who have expressed a prior interest in receiving the
included information for research and educational purposes. NOTE: Some links
may require cut and paste into your Internet Browser.

Please check http://tinyurl.com/33c9yr
<http://groups.google.com/group/total_truth_sciences/topics?gvc=2>
http://groups.google.com/group/total_truth_sciences/topics?gvc=2  for more
real news posts and support the truth! (sorry but don't have time to email
all posts)

free book download:   <http://www.lulu.com/content/165077>
http://www.lulu.com/content/165077 or
http://www.lulu.com/items/volume_63/165000/165077/21/print/165077.pdf  

 <http://blogs.albawaba.com/alexanderjames>
http://blogs.albawaba.com/alexanderjames
http://blogs.albawaba.com/Alexanderjames/page/links
http://bb.domaindlx.com/alexjames999  

*** Revealing the hidden Truth For Educational & Further Research Purposes
only. *** Welcome to Real News Edited excerpts, non-partisan,
pro-truth-honesty-peace, and anti-war-lies-crime. The purpose is to expose
corruptions, frauds, deceptions, lies, criminal plans, cover-ups and
free-speech silencing by powerful people in governments, foundations,
corporations and media, which are done using the name of democracy, human
rights, false interpretations of religions, cults, occults, patriotism,
economy, business, media, elections, justice, charity, etc., and are used to
trick the public into hatred & wars and out of their lives, money and
freedoms, while the propaganda we are subjected to makes us believe that we
have evolved to where such things cannot happen [remember slavery,
apartheid.]. Please share what you learn with others who do not have access
to the internet. This is only a tip of the iceberg. Stop the hatred that is
used to promote the dehumanization of the victims of predatory
aggressions;spread the truth;free your mind from being a Zioncon occupied
territory of the neo-feudal lords by rejecting the mainstream news
propaganda. Caution: real news may induce a kind of schizophrenia because it
provides a true vision of reality which is so different from the one we are
presented by the mass media spins. Latest real infonews available at
alternate news. ***** Check whatreallyhappened.com, inforwars.com, whtt.org,
savethemales.ca  & other alternative news sites for latest news flashes. In
Truth We Trust! The opinions expressed herein contain positions and
viewpoints that are not necessarily those of the recipient, disseminator or
others mentioned in the information. These are offered as a means to
stimulate dialogue and discussion.

NOTICE: Due to Presidential Executive Orders, the National Security Agency
(NSA) may have read emails without warning, warrant, or notice. They may do
this without any judicial or legislative oversight. You have no recourse,
nor protection.......... IF anyone other than the addressee of this e-mail
is reading it, you are in violation of the 1st & 4th Amendments to the
Constitution of the United States. Patriot Act 5 & H.R. 1955 Disclaimer
Notice: This post & all my past & future posts represent parody & satire &
are all intended for entertainment and amusement only.

To be removed from the list, please reply with the subject line "REMOVE"

To receive email at another address, please reply with subject line "CHANGE"

To receive email, please reply  with "WEEKLY"

 


--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google Groups 
"total_truth_sciences" group.
To unsubscribe from this group, send email to [EMAIL PROTECTED]
For more options, visit this group at 
http://groups.google.com/group/total_truth_sciences
-~----------~----~----~----~------~----~------~--~---

Reply via email to