Arrest The Bankers

Tony Cartalucci
Infowars.com
Sunday, December 11, 2011

December 11, 2011 - As the evidence begins to mount pointing the accusing finger at the increasingly illegitimate corporate-financier occupiers of the West’s governments as having built up Russian opposition movements and being behind the current unrest filling Russia’s streets, the corporate media has already started to rewrite events as they unfold.

An amazing piece of mid-event revisionism titled, “Moscow braces as election protest goes viral,” desperately attempts to portray the protests as “leaderless” even as the article itself interviews “organizers.” Quoting unnamed, and most likely nonexistent protesters, the article featured in the Sydney Morning Herald insists protesters claimed, “I came on my own. I learnt about it on the web.” But the article then states (emphasis added), “and last night, thanks to the web, organisers were expecting more than 30,000 people to demonstrate against what they see as the rigged results of last Sunday’s elections, because that’s how many have committed themselves to a sign-up sheet on Facebook.”

While the article claims that no political party is recruiting protesters, earlier reports out of the Western media contradict this entirely, with the London Telegraph reproducing a blog post by US NED-funded opposition leader Boris Nemtsov stating before the December 10 protests, “I am talking about pickets at Petrovka 38 (the main police station) and on Simferopol Boulevard where the detained are being held, and other actions too. We start from today. I will take part in all this myself. On Saturday, December 10, a general meeting will be held on Revolution Square (in Moscow) at two o’clock to protest against these false elections. ”

The Daily Mail has also reported,”and Moscow rally organiser, opposition politician Vladimir Ryzhkov, has announced there will be another protest on December 24, which he says will be twice as large,” and RIA Novosti News reporting, “on a stage emblazoned with the logo “Return Power to the People” Russia’s best known opposition figures, from cultural leaders like Navalny and opposition music critic Artemy Troitsky to opposition politicians Boris Nemtsov, Vladimir Ryzhkov and Solidarnost youth leader Ilya Yashin, addressed the hyped-up crowds.”

Images: Opposition leader Vladimir Ryzhkov’s movement is not only a beneficiary of US funding, but Ryzhkov himself is a card-carrying member of the US NED World Movement for Democracy (WMD). The WMD “About Us” page clearly indicates that the group is a subsidiary of the US State Department funded National Endowment for Democracy. (click to enlarge)

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It should be noted that Boris Nemtsov’s political adviser, Vladimir Kara-Murza, is also a member of “activist” Ilya Yahsin’s Solidarnost group, and an attendee of a recent NED-funded seminar titled, “Elections in Russia: Polling and Perspectives.” Ilya Yahsin’s Solidarnost group helps head the US-NED funded “Strategy 31″ campaign in tandem with the Moscow Helsinki Group, a NED, Ford Foundation, USAID, and Soros’ Open Society-funded NGO. Also noteworthy is Alex Navalny’s ties to the National Endowment for Democracy, as he is one of the co-founders of the NED-funded DA! (Democratic Alternative) activist movements, as stated in his Yale World Fellows bio.

Image: A screen shot from the “Moscow Helsink Group” clearly subsidized from abroad. The significance of this group & its affiliates leading protests, indicates nothing less than foreign-funded sedition unfolding in the streets of Russia. (click to enlarge)

Hardly leaderless, hardly unorganized, hardly even indigenous, the presence of stages and opposition leaders as well as calls for future protests already being made by the likes of US NED-funded Wold Democracy Movement steering committee member Vladimir Ryzhkov and his partner Boris Nemtsov, casts very serious doubts not only on the Sydney Morning Herald’s nonsensical claims of the protest’s spontaneous nature and its legitimacy, but on the Herald’s journalistic integrity itself for finding such nonsense fit for print. At the bottom of the article, the Herald writes “Washington Post,” a name already synonymous with propaganda and compromised interests entangled with the agenda of the corporate-financier elite of Wall Street and London.

And even as the Sydney Morning Herald and Washington Post attempt to portray the Russian protests as spontaneous, apolitical uprisings against electoral fraud “exposed” by USAID andUS NED-funded Golos, a poll monitor who now has been caught sending e-mails back and forth to its US sponsors, conspiring against Russia’s leadership, the very real, centralized leadership of these clearly politically motivated protests are already calling for another round of unrest on December 24. Not only are the protests and their US-funded leadership illegtimate, but by shamelessly twisting public perception to see them as anything but foreign-funded sedition, the corporate media has once again failed the public in pursuit of carrying out Wall Street and London’s corporate-financier driven agenda.

Image: A screenshot from US National Endowment for Democracy’s (NED) website indicating its funding for “independent” poll monitor Golos. USAID also funds Golos. Golos’ shrieking accusations of electoral fraud have been cited as the rhetorical justification for NED’s troupe of foreign-funded opposition groups to flood into Russia’s streets. (click to enlarge)

Beware of these revisionists and the increasingly unsubstantiated, even flat-out ridiculous claims being made by the media. Name names, follow the affiliations, research the organizations, click on “About Us,” follow the money, and discover the truth the corporate media is willfully hiding from the public. Expose both this duplicitous agenda being pursued in Russia, as well as the disingenuous liars throughout the Western media’s press peddling it. And above all, boycott and replace the corporate interests driving this agenda to begin with.

Read Tony Cartalucci’s blog at http://landdestroyer.blogspot.com/

Robert Fisk
The Independent
December 10, 2011

Writing from the very region that produces more clichés per square foot than any other “story” – the Middle East – I should perhaps pause before I say I have never read so much garbage, so much utter drivel, as I have about the world financial crisis.

Press TV
December 10, 2011

Many experts believe that the sold out EU leaders’ failure to address the Block’s deepening financial recession may possibly end in collapse of an EU dream.

In the meantime, professionals believe that the EU leaders’ failure to deal with the core issue, which, they say, is the endless rise of unrepeatable debt, is considered the same as, digging the hole still deeper, which may, eventually lead to disintegration of the Union and put an end to its common currency.

Press TV has interviewed Rodney Shakespeare, professor of Binary Economics, from London

Following is a transcription of the interview.

Press TV: Ok, Rodney Shakespeare, let me ask you what Germany wants to do, ask German taxpayers to bailout the Euro, only if the euro countries agree to iron clad fiscal rules, which removes, euro countries budgetary powers and it commits tens of millions of people to years of austerity. Isn’t that kind of the game plan that Germany has ?

Rodney Shakespeare: the Europeans are in a hole and digging deeper, alternatively you can say, they have got their heads in the sand and their bottoms up in the air. Either way, they have now completely and utterly sold out, to Goldman Sachs and the bankers; and the result is going to be, that the people of Europe are going to lose their jobs, lower standard of living, lower pensions, more trouble, or go on for decades.

So I am afraid, that is the basic situation, and as regards to the UK, we are already ruled by the bankers who are trying to be in charge using the financial system to control everybody else. The situation is quite disgraceful, we have to throw off this global elite, and go to a new paradigm of thinking.

But at this moment there is not the slightest sign of any new thinking or addressing the underline problem, which as Max has indicated, is in fact an endless rise of unrepayable debt.

Press TV: Rodney Shakespeare, roughly, just a couple of hours back, interesting piece of news coming from an orthodox source, and that is from a US military officer, General Martin Dempsey, who has said, extraordinary concern about the viability of the Euro because of the potential for civil unrest and the breakup of the European Union.

Rodney Shakespeare: Yes , at the moment the Americans have tended to be blaming the Europeans, but of course, the Americans are just as much part of this collapsing fraudulent system as the Europeans, but he is quite right.

I think that Europe is going to collapse, and when, for example, the bonds etc are defaulted, that is going to hit the derivatives, commitments of the American banks and is going to be big, big trouble. If you look at it, if only a tiny percentage of the derivatives go wrong, three or four percents of the total might be equivalent to nearly the same as the world’s GDP.

Press TV: but how about the fact that is the American general, I am sorry to jump in, why would American General, come up with a warning like that, isn’t that signifying something there?

Rodney Shakespeare: It is signifying something, not only awareness of the overall connections, but of course what is also happening, is America in particular, incited by the Zionist entity, is going for war as a means of hiding the whole thing up.

The Americans want to blame Europe, and then when the blame comes back to them, then they’ll be going to war, that is the underlying reason, why they are heating up the tension at this moment and of course it can easily get completely out of hand.

Press TV: So, Rodney Shakespeare, is the United States and the UK, then on one side and Europe on another side? Is this breakup of Europe, from, in this case, within Europe from the UK and then with the United States?

Rodney Shakespeare: well , I think there is going to be divisions with the breakup in Europe, but it is the whole system, which is going down; a system which relies on, endlessly creating money, compound interest, and putting it for anything, except the real economy.

And since they are not going to address that, it really does not matter which way it goes, The thing is going down, and war is going to be the way they are going to hide it.

The one thing they are not going to do is to challenge the bankers, the way they should do, is in fact, to control the bankers, and then get the national banks to issue interest free loans for public capital projects, for micro credit, for environmental capital projects, for spreading the ownership in the big and medium cooperation’s, and they can use that same mechanism to get with their national debt.

But they are not going to do that, because, they are controlled by the mindset of interest and of sucking the wealth up to that one percent and they are not going to change that. Until they do, Europe has had it and ordinary people have had it, in the USA, where it is getting worse and worse, and in Europe.

Press TV:Rodney Shakespeare, I am going back to UK, and the fallout geopolitically speaking for the decision that the prime minister David Cameron has taken, I mean, they do, after all have represented, at least a portion of the contribution based on trade or what have you, so now, with this to have occurred, how are other countries supposed to react, economically speaking, in terms of financially at least, with the UK – isn’t that going to drive the UK into a deeper recession?

Rodney Shakespeare: There is a deepening recession going on right across Europe and our exports are going to be held back, and yes we are part of the whole downward turn. Just one quick point on Europe, they are now going to have decisions by completely unelected bureaucracy, with that Belgian twit Ron Frey running it all.

There is going to be huge political tensions between the people who do not want this centralization and people who are suffering the economic consequences. So I see high stress and breakup of some sort coming for Europe.

Saman Mohammadi
The Excavator
December 3, 2011

“If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.” – James Madison.

“Over grown military establishments are under any form of government inauspicious to liberty, and are to be regarded as particularly hostile to republican liberty.” – George Washington.

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.” – Dwight D. Eisenhower.

Don’t say America wasn’t warned.

As Alex Jones has said throughout the past decade on his heroic radio show, the military occupation of Iraq and Afghanistan was a test run for what’s coming: the military occupation of America.

The drones, the battle-tested troops, the high-tech gadgets, the trigger-happy mercenaries, will all be used against the American people. Farms, houses, families, dreams, will all be destroyed. The ruling financial raiders will take no prisoners alive.

The banksters in Washington and London have pillaged America for a century and brainwashed its outstanding military to pillage and burn the rest of the world. Now the time has come to burn America down. They want America to be consumed by the fires of hell.

And the banksters plan on using the same military to burn down America that burned down Germany, Japan, Korea, Vietnam, Iraq, and many other nations that opposed the diseased and satanic Western banksters.

All those nations were sacrificed and conquered by the banksters on their hidden road to world government. In this decade, America has to be sacrificed for their kleptocratic world government to finally rise from the shadows of history.

The grand conspiracy to destroy America can no longer be dismissed and ridiculed as a conspiracy theory thought up by paranoid freaks. Time has proved the “conspiracy theorists” and “truthers” right.

The global psychopathic banksters and their political mercenaries in Washington are making it clear to all who can see that they want America to collapse and die. If they have their way the American people will be militarily occupied, fired upon by brainwashed thugs, illegally imprisoned, tortured, harassed at checkpoints, raided at gunpoint, humiliated, stripped of their freedom and dignity, and massacred.

On Thursday, December 1, the traitors in the Senate advanced the plot to destroy America by passing into law the controversial National Defense Authorization Act by a vote of 93-7. The Senate gave the U.S. military the dictatorial power to “to indefinitely detain an American citizen with no charge, no trial and no oversight whatsoever.”

The passage of the NDAA bill and similar legislation shows that the treacherous Senate wants most of the troops to leave Iraq and Afghanistan so they can be used to occupy America as it goes into an engineered economic collapse.

So move over Iraqis and Afghans, Americans will now replace you as the most deadly insurgents and terrorists on the planet. Sounds crazy? Well, America and the world is being held hostage by criminal banksters on Wall Street and psychopathic state terrorists in Washington and Israel so anything can happen.

Remember Waco. Remember 9/11. Americans mean nothing to the globalist traitors in Washington. Another false flag terrorist attack in America is a given. The maniacs in charge of Washington will sacrifice and destroy the people of all lands and all cultures.

The illegal and illegitimate war on terror will be increasingly fought on American soil, where it originally began on September 11, 2001, when the shadow terrorists in the CIA and Mossad killed three thousand Americans in cold blood.

The shadow terrorists in the CIA and Mossad are not only waging war against Iraq, Afghanistan, Syria, Iran, and Pakistan, they are also waging war against America and Western freedom.

Speaking to Alex Jones on December 1, Stewart Rhodes, the founder of Oath Keepers, said:

“We need to be prepared for the very worst, and what that will mean is asymmetric warfare like our founding fathers in the southern campaign had to fight. Francis Marion, the swamp fox, the Overmountain Men who defeated the loyalists at Kings Mountain. All of that is an example of what will have to be done. And this country will be like Afghanistan. I’m not saying I’m trying to compare Americans to the Taliban or anything like that, but the point is you will see resistance like that. You will see that kind of hardcore resistance in the United States, but it is my hope and prayer that you can avoid doing that by having enough of the military and police simply side with what’s right. Side with the Constitution. Side with the Bill of Rights. Side with the Declaration of Independence. And do what’s right.”

Rhodes added:

“If they’re going to treat the American people like an occupied, conquered civilian population, like Iraq or Afghanistan, then the American people will treat them like occupiers.”

No one can predict how future events will play out. But if the Vietnamese people and the Iraqi people can withstand the almighty capabilities of the American war machine and live to fight another day, then so can the American people.

The struggle for freedom from tyranny is not just an American struggle but a global struggle. People everywhere are under attack by totalitarian governments and the criminal banks and corporations that profit from them. As the language of the Senate NDAA legislation implies, the entire world is a battlefield. Freedom fighters are labeled terrorists and killed without due process.

We all need to reject the “global battlefield” idea, and assert our individual rights. The fire of Freedom in the Western world must not be allowed to be extinguished by the blowhards in government who invent enemies to scare the people and rob countries of their sacred honour.

It is our generation’s honorable task to guard and preserve freedom. We have to be smart, brave, and resilient. We don’t have all the answers, but we understand that blindly going down the road of global tyranny will be a betrayal of our values, our ancestors, and future generations of human beings.

The obstacles that we face are less tough than the obstacles that George Washington and the American freedom fighters faced in 1776. We “conspiracy theorists” may have allies in the press, government, and military who we don’t know about, and who will speak up for freedom and justice when the time is right.

When will that time come? Sooner than we realize.

The military occupation of America will illustrate to everybody that America is an occupied colony of the criminal banksters, not an empire. Up until now, America has been mentally and financially occupied by the corporate mainstream press and Federal Reserve, but it won’t be long before it is physically occupied by the hijacked military.

Occupation is what Martial Law and the perpetual State of Emergency is all about. The police and military have not been trained to defend the “homeland,” but to rape and destroy America.

When the reality that America is occupied by criminal banksters and two-faced traitors is recognized by the majority of the American people and the world, the “terrorists,” “conspiracy theorists,” and “domestic extremists” will be seen for what they truly are: the righteous defenders of truth, freedom, justice, and the rule of law.

Whether or not truth, freedom justice and the rule of law will survive in the 21st century depends on what kind of men and women we are. Are we men and women who worship the Totalitarian State, or God? Are we men and women who hopelessly watch and don’t speak up when our fellow human beings are premeditatedly murdered by government terrorists? Are we men and women who think it is funny and cool to ridicule people who have different thoughts about world events, history, and reality? Are we shallow suckers who think and act like sheep or are we something more?

I believe we are something more. Humanity is capable of greatness. I believe noble leaders in America and the West will rise to challenge the corruption of Western governments, banks, corporations, and the press. Ron Paul is an example of a noble leader. American history is filled with great leaders who appeared at the edge of a national crisis and answered the call.

President John F. Kennedy, the martyred knight of liberty, said in his “City Upon a Hill” speech:

“For of those to whom much is given, much is required. And when at some future date the high court of history sits in judgment on each one of us–recording whether in our brief span of service we fulfilled our responsibilities to the state–our success or failure, in whatever office we may hold, will be measured by the answers to four questions:

First, were we truly men of courage–with the courage to stand up to one’s enemies–and the courage to stand up, when necessary, to one’s associates–the courage to resist public pressure, as well as private greed?

Secondly, were we truly men of judgment–with perceptive judgment of the future as well as the past–of our own mistakes as well as the mistakes of others–with enough wisdom to know that we did not know, and enough candor to admit it?

Third, were we truly men of integrity–men who never ran out on either the principles in which they believed or the people who believed in them–men who believed in us–men whom neither financial gain nor political ambition could ever divert from the fulfillment of our sacred trust?

Finally, were we truly men of dedication–with an honor mortgaged to no single individual or group, and compromised by no private obligation or aim, but devoted solely to serving the public good and the national interest.”

JFK’s assassination proved that no one is safe in the United States from the brutality and viciousness of the banker hijacked U.S. government and the traitors who serve it.

The 9/11 attacks proved that the American people and people around the world are held hostage by the governments in Washington and Tel Aviv.

The mass murder of innocent individuals on 9/11 and 7/7 emphasized the reality that we are all marked for death by the criminal terrorists in power – even people inside the highest temples of modern civilization.

Both state terrorist attacks also symbolized that America and the West are already under occupation.

The Economic Collapse
Thursday, December 1, 2011

The central banks of the world are acting as if it is 2008 all over again.  Desperate times call for desperate measures, and right now the central bankers are pulling out all the stops.  The Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada, the Bank of Japan and the Swiss National Bank have announced a coordinated plan to provide liquidity support to the global financial system.

According to the plan, the Federal Reserve is going to substantially reduce the interest rate that it charges the European Central Bank to borrow dollars.  In turn, that will enable the ECB to lend dollars to European banks at a much cheaper rate.  The hope is that this will alleviate the credit crunch which has gripped the European financial system by the throat.  So where is the Federal Reserve going to get all of these dollars that it will be loaning out at very low interest rates?  You guessed it – the Fed is just going to create them out of thin air.  Our currency is being debased so that Europe can be helped out.  Unfortunately, the impact of this move will be mostly “psychological” because it really does nothing to address the fundamental problems that Europe is facing.  It is up to Europe to solve those problems, and so far Europe has shown no signs of being able to do that.

The major central banks of the world say that they want to “enhance their capacity to provide liquidity support to the global financial system.”  But essentially what is happening is that the Federal Reserve is going to be zapping large amounts of dollars into existence and loaning them out to the ECB very, very cheaply.  Think of it as a type of “quantitative easing” on a global scale.

The decision to do this was reportedly made by the Federal Reserve on Monday morning.  For the moment, this move seems to have stabilized the European financial system.  It is quite unlikely that any major European banks will fail this weekend now.

But as mentioned above, this move does nothing to solve the very serious financial problems that Europe is facing.  This intervention by the central banks is merely just a speed bump on the road to financial oblivion.

Most Americans are not going to understand what the central banks of the world just did, but it really is not that complicated.

The following is how CNN chief business correspondent Ali Velshi broke down what the central banks have done….

In an attempt to stave off the consequences of a global credit freeze, the Federal Reserve, in coordination with major central banks, has created a credit line available to those central banks, whereby they can borrow dollars at reduced interest rates for periods of three months. The central banks, in turn, can lend to commercial banks in their respective countries. This is meant to reduce the cost of short-term borrowing for troubled European banks and to give them immediate access to dollars.

This was done immediately after the collapse of Lehman Brothers as well, to alleviate the consequences of banks being largely unwilling to lend to other banks, even for short periods, for fear that the borrowing banks could fail.

Okay – so the Federal Reserve is loaning giant piles of cheap money to the European Central Bank.

So where in the world does all of that money come from?

As a CNBC article recently explained, all of this money is created right out of thin air by the Federal Reserve….

Neither the dollars nor the Euros come from anywhere. They aren’t moved or debited from anywhere. They are invented right on the spot with a few taps on the key pad. And that’s all. There’s no printing press fired up to make new dollars or euros.

This is sometimes called “fiat money.” But that makes it sound as if some command from a sovereign created the money. It’s really closer to “keyboard money,” since it is created by data entry in a computer.

Does that sound bizarre to you?

It should.

But that is how the global financial system really works.

We live in a crazy world.

So what did the financial markets of the world think of this move by the Federal Reserve?

It turns out that they absolutely loved it.

The Dow was up 490 points, and that was the biggest gain of the year so far.

Unfortunately, this stock market rally is not going to last indefinitely.  If you are still in the market, enjoy this while you can because eventually a whole lot of pain is going to be coming.

Again, nothing has been solved.  Europe is still in a massive amount of trouble.  But the announcement did make everyone feel all “warm and fuzzy” for at least a day.

Michelle Girard, a senior economist at RBS Securities, said the following about this move….

“The impact is more psychological than anything else”

Just think of it as “comfort food” for the financial markets.

It was also a very desperate move.

In fact, some even believe that this move happened because a major European bank was in danger of failing.

Just check out some of the things that Jim Cramer of CNBC has been saying on Twitter….

If the Fed didn’t act we would have had the largest bank failure ever this weekend, i believe.

The actions the governments took today shows that there was without a doubt a major bank about to fall this weekend.  That’s very dire….

I believe a major European bank would have gone under this weekend…. That’s why they did this….

An article in Forbes has also speculated that this move was made because a major European bank was in imminent danger of failing….

Did a big European bank come close to failing last night?  European banks, especially French banks, rely heavily on funding in the wholesale money markets.  Given the actions of the world’s largest central banks last night, it raises the question of whether a major bank was having difficulty funding its immediate liquidity needs.

Perhaps we will never know the truth, but the reality is that the Federal Reserve and the European Central Bank would have never taken coordinated action like this if they did not believe that there was some sort of imminent threat to the global financial system.

Sadly, this latest move is also going to have some side effects.

Pimco senior vice president Tony Crescenzi says that all of this “liquidity” is going to dramatically increase the size of the U.S. monetary base….

Keep in mind that any use of the Fed’s swap facility expands the Fed’s monetary base: all dollars, no matter where they are deposited, whether it be Kazakhstan, Japan, or Mexico, wind up back in an American bank. This means that any time a foreign central bank engages in a swap with the Federal Reserve, the Fed will create new money in order to make the swap. Use of the Fed’s liquidity swap line in late 2008 was the main cause of a surge in the Fed’s monetary base at that time. The peak for the swap line was about $600 billion in December 2008. Some observers will therefore say that the swap line is a backdoor way to engage in more quantitative easing.

When there is more money floating around out there but the same amount of goods and services, prices go up.

So will we eventually see more inflation in the United States because of all this?

That is what some are fearing.

Meanwhile, politicians in Europe have failed to come up with a plan to address the European financial crisis once again.

They are calling it a “delay”, but the truth is that it should be called a “failure”.  The following comes from an article in USA Today….

The ministers delayed action on major financial issues — such as the concept of a closer fiscal union that would guarantee more budgetary discipline — until the heads of state meet next week in Brussels.

So will European politicians come up with a real plan next week in Brussels?

That seems unlikely.

The reality is that this latest move by the major central banks of the world does not change the fact that Europe is in a huge amount of trouble and is most likely headed for a very painful financial collapse.

One more thing that this latest move by the central banks of the world highlights is the fact that we do not have any control over what they do.

All of these central banks are run by unelected bureaucrats that answer to nobody.  The decisions that these central bankers make affect all of our lives in a very significant way, and yet we have zero input into these decisions.

Most of the decisions that these central bankers make seem to benefit big banks and big financial institutions.  They always claim that the benefits will “filter down” to the rest of us.  But most of the time what ends up filtering down to us is the economic pain that comes from their bad decisions.

As I have written about so many times before, these central banks need to be abolished.  The American people need to tell Congress to shut down the Federal Reserve and to start issuing debt-free United States currency.

We do not want a bunch of unelected central bankers to “centrally plan” the U.S. economy or to “centrally plan” the global economy.

The more these central bankers monkey with things, the more they mess things up.

Yes, this latest move has stabilized things for the moment, but big trouble is on the horizon for the global financial system.

Count on it.

MICHAEL J. DE LA MERCED and BEN PROTESS
DealBook
November 22, 2011

The amount of customer money missing from the collapsed trading firm MF Global may be more than $1.2 billion — double previous estimates — the trustee dismantling the firm’s brokerage unit said on Monday.

But the surprise finding, which caught regulators off guard, may be overstated, according to a person briefed on the investigation. Some regulators say they believe that the trustee double-counted $220 million that had been transferred between units of MF Global, this person said.

Still, the much higher number highlights the disarray of MF Global’s records and raises significantly the hurdle for tens of thousands of customers seeking to get their money back. The trustee’s estimate represents a significant portion of customer funds held by MF Global.

Read more

RT
Friday, November 18, 2011

Four hundred arrests — that is the tally for the last 24 hours, as police stage an intense crackdown on massive Occupy Wall Street protests erupting in America, with more than 30,000 protesters having shown up in New York City alone.

Paul Joseph Watson
Infowars.com
Thursday, November 17, 2011

Over $600 million dollars in customer funds that was transferred out of MF Global in a wave of suspicious trades before the collapse of the financial broker has now been declared “missing,” despite the fact that reports earlier in the month stated the money had been placed in an account with Wall Street giant JP Morgan.

As we reported yesterday, clients of MF Global and its subsidiaries, including prominent trends forecaster Gerald Celente, were shocked to learn that their accounts had been emptied by Chapter 11 trustees. The looting took place in the days before MF Global’s collapse following revelations that the broker was exposed to crisis-hit European debt bonds.

However, weeks beforehand, billionaire investors like the Koch brothers had the miraculous foresight to withdraw all their money, prompting accusations that big players got a ‘heads up’ in advance of the firm’s collapse.

“The missing $600 million has still not been located despite an army of regulators, investigators, lawyers and others descending on the disgraced futures brokerage to conduct a search. Judging from media reports, people are still at a complete loss to explain how so much in client money could just disappear,” reports Fierce Finance.

News reports concerning the notion that the money has seemingly vanished into thin air are absent any mention of prior reports that confirmed the funds had been deposited with JP Morgan Chase.

On November 4, the Financial Times reported that hundreds of millions in looted funds from customers’ accounts later “turned up at JPMorgan Chase, the failed broker-dealer’s custody bank.”

Citing a report in the Wall Street Journal, Fox Business also reported that MF Global, “recently discovered that about $659 million of its customer segregated accounts resided in an account at banking heavyweight JPMorgan Chase (JPM).”

However, after JP Morgan claimed the funds found in its account “isn’t the missing money” stolen from MF Global clients, the story went cold, despite MF Global executives claiming otherwise. Either MF Global or JP Morgan are telling porkies.

The lawyer for James Giddens, the trustee supervising the liquidation of the MF Global, said “Exactly what happened, I don’t think anyone knows,” in reference to the missing $600 million.

Thousands of irate customers have been told they will only get around 60 per cent of the money back that was in their accounts, a total release of $520 million, despite the fact that Giddens has access to more than $1.4 billion.

*********************

Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.

FRANK ROSARIO, ERIN CALABRESE and LARRY CELONA
New York Post
November 15, 2011

The NYPD arrested 70 protesters as they moved in on Zuccotti Park early this morning and began clearing out the thousands of Occupy Wall Street protesters who had taken over the space for nearly two months.

More than 1,000 cops marched on the lower Manhattan encampment shortly before 1 a.m. and handed out fliers ordering demonstrators to get out and remove their personal property.

The cops were followed by Sanitation workers, one of whom was overheard saying, “We’re gonna disinfect the hell out of this place.”

The fliers read, “The city has determined that the continued occupation of Zuccotti Park poses an increasing health and fire safety hazard to those camped in the park, the city’s first responders, and to the surrounding community.

Read more