Category Archives: 2.19.12 Corrupt Banking at the highest levels..

2.19.12 Corrupt Banking at the highest levels


I want to thank a good friend for an article she sent over that led me on this rabbit trail.  Jill Thanks!  It will boggle the minds of most of you but everyone should see it and make themselves read and understand it.

I am going to go over this piece that will leave one with a greater understanding of why so many CEO’s of banks or financial institutions are resigning.  This is but one story of who knows how many that are or have gone on out there either in the past or currently.  Most importantly we have to ask – where is all the money going?

This will not be a short piece but I assure you I will make it fun and very easy to understand.  It is a true labyrinth in the creation of monetary instruments and shenanigans that the elite go through to make it and use it.  While you may not think this is important or that you can do anything about it, understand that just us understanding what they are doing exposes the corruption and that alone will cause the end game.  Soo with out further ado, I will start.

I would like you all to watch this 11 minute video.  It is a man in parliment in London bringing the scheme to the attention of the chamber and asking for a delegation to be set up to look into it.  It appears that 15 Trillion is in a void of non compliance and England or two of its banks are on the hook for it.  He is genuinly concerned – He is the whistleblower if you will.  Here is the piece but please watch the chamber fill until it starts (about two minutes) and then fast forward the thing to 17:20 where Lord Blackheath speaks and notice the attendance then and listen then for the next 11 minutes.  This is important but I will talk about attendance later.  I am going to ask you to read the transcript of this after you watch it.  If you have the ability of two screens, you can watch and read the transcript below at the same time.

Link:  http://www.parliamentlive.tv/Main/Player.aspx?meetingId=10093&wfs=true&player=smooth

I would like you take the time to read the transcript now of that same speech verbatim.  There is not trickery here but the more you digest the facts, the more it will come together.  When you are done reading this, I will then go over it with my edits or notes and it will all come home.

Transcript:

Lord James of Blackheath: My Lords, I hope the minute that that has taken has not come off my time. I do not wish noble Lords to get too encouraged when I start with my conclusions but I will not sit down when I have made them. I will then give the evidence to support them and, I hope, present the reasons why I want support for an official inquiry into the mischief I shall unfold this afternoon. I have been engaged in pursuit of this issue for nearly two years and I am no further forward in getting to the truth.

There are three possible conclusions which may come from it. First, there may have been a massive piece of money-laundering committed by a major Government who should know better. Effectively, it undermined the integrity of a British bank, the Royal Bank of Scotland, in doing so. The second possibility is that a major American department has an agency which has gone rogue on it because it has been wound up and has created a structure out of which it is seeking to get at least €50 billion as a pay-off. The third possibility is that this is an extraordinarily elaborate fraud, which has not been carried out, but which has been prepared to provide a threat to one Government or more if they do not make a pay-off. These three possibilities need an urgent review.

In April and May 2009, the situation started with the alleged transfer of $5 trillion to HSBC in the United Kingdom. Seven days later, another $5 trillion came to HSBC and three weeks later another $5 trillion. A total of $15 trillion is alleged to have been passed into the hands of HSBC for onward transit to the Royal Bank of Scotland. We need to look to where this came from and the history of this money. I have been trying to sort out the sequence by which this money has been created and where it has come from for a long time.

It starts off apparently as the property of Yohannes Riyadi, who has some claims to be considered the richest man in the world. He would be if all the money that was owed to him was paid but I have seen some accounts of his showing that he owns $36 trillion in a bank. It is a ridiculous sum of money. However, $36 trillion would be consistent with the dynasty from which he comes and the fact that it had been effectively the emperors of Indo-China in times gone by. A lot of that money has been taken away from him, with his consent, by the American Treasury over the years for the specific purpose of helping to support the dollar.

Mr Riyadi has sent me a remarkable document dated February 2006 in which the American Government have called him to a meeting with the Federal Reserve Bank of New York, which is neither the Federal Reserve nor a bank. It is a bit like “Celebrity Big Brother”. It has three names to describe it and none of them is true. This astonishing document purports to have been a meeting, which was witnessed by Mr Alan Greenspan, who signed for the Federal Reserve Bank of New York of which he was chairman, as well as chairman of the real Federal Reserve in Washington. It is signed by Mr Timothy Geithner as a witness on behalf of the International Monetary Fund. The IMF sent two witnesses, the other being Mr Yusuke Horiguchi. These gentlemen have signed as witnesses to the effect that this deal is a proper deal. There are a lot of other signatures on the document. I do not have a photocopy; I have an original version of the contract.

Under the contract, the American Treasury has apparently got the Federal Reserve Bank of New York to offer to buy out the bonds issued to Mr Riyadi to replace the cash which has been taken from him over the previous 10 years. It is giving him $500 million as a cash payment to buy out worthless bonds. That is all in the agreement and it is very remarkable. Establishing whether I have a correct piece of paper is just two phone calls away-one to Mr Geithner and one to Mr Greenspan, both of whom still prosper and live. They could easily confirm whether they signed it. Mr Riyadi, by passing these bonds over, has also put at the disposal of the US Treasury the entire asset backing which he was alleged to have for the $15 trillion. I have a letter from the Bank of Indonesia which says that the whole thing was a pack of lies. He did not have the 750,000 tonnes of gold which was supposed to be backing it; he had only 700 tonnes. This is a piece of complete fabrication.

Finally, I have a letter from Mr Riyadi himself, who tells me that he was put up to do this, that none of it is true, and that he has been robbed of all his money. I am quite prepared to recognise that one of the possibilities is that Mr Riyadi is himself putting this together as a forgery in order to try to win some recovery. But it gets more complicated than that because each of the $5 trillion payments that came in has been acknowledged and receipted by senior executives at HSBC and again receipted by senior executives at the Royal Bank of Scotland. I have a set of receipts for all of this money. Why would any bank want to file $5 trillion-worth-$15 trillion in total-of receipts if the money did not exist? The money was first said to have come from the Riyadi account to the Federal Reserve Bank of New York and from there it was passed to JP MorganChase in New York for onward transit to London. The means of sending it was a SWIFT note which, if it was genuine, ought to have been registered with the Bank of England.

When this came about, I took it to my noble friend Lord Strathclyde and asked what we should do with it. He said, “Give it to Lord Sassoon. He is the Treasury”. So I did, and my noble friend Lord Sassoon looked at it and said immediately, “This is rubbish. It is far too much money. It would stick out like a sore thumb and you cannot see it in the Royal Bank of Scotland accounts”. He went on to say, “The gold backing it is ridiculous. Only 1,507 tonnes of gold has been mined in the history of the world, so you cannot have 750,000 tonnes”. That is true. The third thing he said was, “It is a scam”, and I agree with him. The problem is that at that point we stopped looking, but we should have asked what the scam was instead of just nodding it off.

We have never resolved it. Today, I have this quite frightening piece of paper, which is my justification for bringing it into this meeting. It is available on the internet and I am astonished that it has not already been unearthed by the Treasury because every alarm bell in the land should be ringing if it has. It is from the general audit office of the Federal Reserve in Washington-the real Federal Reserve-and its audit review to the end of July 2010 on the Federal Reserve Bank of New York. It has on it some 20 banks listed to which $16.115 trillion is outstanding in loans. That is the sore thumb that was being looked for by my noble friend Lord Sassoon. But more particularly there are two other interesting things. The first is that Barclays Bank has $868 billion of loan, and the Royal Bank of Scotland has $541 billion, in which case one has to ask a question, because they could have earned back in three weeks their entire indebtedness and could pay off the taxpayers of Britain. Why have they not done so and could we please ask them to put a cheque in the post tonight for the whole $46 billion?

The next thing that is wrong with it is that every bank on this list, without exception, is an MTN-registered bank, which means that they are registered to use medium-term notes to move funds between themselves with an agreed profit-share formula, in which case these banks are investing this money and, most extraordinarily, not a penny of interest does the Federal Bank of New York want paid on that vast amount, $16 trillion. Anyone who knows what the IMF rules are will immediately smell a rat. The IMF has very strict rules for validating dodgy money. There are two ways of doing it. You either pass it through a major central bank like the Bank of England, which apparently refused to touch this, or you put it through an MTN-trading bank, which is then able to use the funds on the overnight European MTN trading market where they can earn between 1 per cent and 2.5 per cent profit per night. The compound interest on that sum is huge. If it is genuine, a vast profit is being made on this money somewhere.

I believe that this is now such an important issue that I have put everything that I have got on the subject on to a 104-megabyte memory thumb. I want the Government to take it all, put it to some suitable investigative bureau and find out the truth of what is going on here, because something is very seriously wrong. Either we have a huge amount of tax uncollected on profits made or we have a vast amount of money festering away in the European banking system which is not real money, in which case we need to take it back. I ask for an investigation and for noble Lords to support my plea.

Okay, now we are going to dissect this and show you how bankers and financial professionals have all been a part of this game along with some of the biggest names in the financial world.

Transcript Edited by Blogger/Ratatap: (Bloggers comments in red)

First, I asked you to notice the amount of people in the chambers at beginning and how many at the presentation of Lord Blackheath.  When Parliament meets just as Congress, an agenda is put into manifest and the meeting goes forth. In this event, it is my opinion that a certain amount of attendees did not want to be present when some facts were being presented.  If you are aware of a crime and do nothing about it, you are subject and considered an accomplice.  So to avoid being proven to know the facts, certain individuals simply were not there so the proof was evident of them knowing the truth.

Lord James of Blackheath: My Lords, I hope the minute that that has taken has not come off my time. I do not wish noble Lords to get too encouraged when I start with my conclusions but I will not sit down when I have made them. I will then give the evidence to support them and, I hope, present the reasons why I want support for an official inquiry into the mischief I shall unfold this afternoon. I have been engaged in pursuit of this issue for nearly two years and I am no further forward in getting to the truth.

Keep Reading…..

There are three possible conclusions which may come from it. First, there may have been a massive piece of money-laundering committed by a major Government (United States of America) who should know better. Effectively, it undermined the integrity of a British bank, the Royal Bank of Scotland, in doing so. The second possibility is that a major American department has an agency (Federal Reserve) which has gone rogue on it because it has been wound up and has created a structure out of which it is seeking to get at least €50 billion as a pay-off. The third possibility is that this is an extraordinarily elaborate fraud, which has not been carried out, but which has been prepared to provide a threat to one Government or more if they do not make a pay-off. These three possibilities need an urgent review. (It is obvious that all three scenarios are included as we proceed)

In April and May 2009, the situation started with the alleged transfer of $5 trillion to HSBC http://en.wikipedia.org/wiki/The_Hongkong_and_Shanghai_Banking_Corporation in the United Kingdom. Seven days later, another $5 trillion came to HSBC and three weeks later another $5 trillion. A total of $15 trillion is alleged to have been passed into the hands of HSBC for onward transit to the Royal Bank of Scotland. We need to look to where this came from and the history of this money. I have been trying to sort out the sequence by which this money has been created and where it has come from for a long time.  So we have 15 Trillion being passed through HSBC to go to Royal Bank of Scotland. 

It starts off apparently as the property of Yohannes Riyadi, who has some claims to be considered the richest man in the world. Guess it is not Bill Gates after all like they like us to believe – Also a google search of Yohannes Riyadi confirms many false documents have been made on his behalf – the man is real some of the documents may or may not be.   He would be if all the money that was owed to him was paid but I have seen some accounts of his showing that he owns $36 trillion in a bank. It is a ridiculous sum of money. However, $36 trillion would be consistent with the dynasty from which he comes and the fact that it had been effectively the emperors of Indo-China in times gone by. A lot of that money has been taken away from him, with his consent, Notice that underlined part by the American Treasury over the years for the specific purpose of helping to support the dollar.  He has in the past legitimately helped Treasury by buying our Tbills and bonds.  He quit approximately a year or so ago and you will have to take my word on that one.

Mr Riyadi has sent me a remarkable document dated February 2006 in which the American Government have called him to a meeting with the Federal Reserve Bank of New York, which is neither the Federal Reserve nor a bank. It is a bit like “Celebrity Big Brother”.  If you have been following my blog or PTR, you will have been educated on the fact that the Federal Reserve is not a part of our government.  It has three names to describe it and none of them is true. This astonishing document purports to have been a meeting, which was witnessed by Mr Alan Greenspan, who signed for the Federal Reserve Bank of New York of which he was chairman, as well as chairman of the real Federal Reserve in Washington. It is signed by Mr Timothy Geithner as a witness on behalf of the International Monetary Fund. The IMF sent two witnesses, the other being Mr Yusuke Horiguchi. These gentlemen have signed as witnesses to the effect that this deal is a proper deal. There are a lot of other signatures on the document. I do not have a photocopy; I have an original version of the contract.  For those questioning how you have the original copy and not a copy of such an important document, you go to the registrar and ask for a notarized copy of the original.  A notary has the highest authority as a common person and is so recognized by the courts so any document notarized from the original is considered an original – just an FYI gesture here.

Under the contract, the American Treasury has apparently got the Federal Reserve Bank of New York to offer to buy out the bonds issued to Mr Riyadi to replace the cash which has been taken from him over the previous 10 years. It is giving him $500 million as a cash payment to buy out worthless bonds. That is all in the agreement and it is very remarkable. What is remarkable or unbelievable by Parliaments Lord Blackheath is the fact that Riyadi bought and is holding 15 Trillionn in US Treasuries.  The US Treasury is making a deal with the Federal Reserve to buy these notes from Riyadi for a mere 500M.  So now the Federal Reserve has 15 Trillion in assets for the cost of 500 Million – Riyadi apparently accepts the deal according to paperwork signed by Greenspan and Geithner.   Establishing whether I have a correct piece of paper is just two phone calls away-one to Mr Geithner and one to Mr Greenspan, both of whom still prosper and live. They could easily confirm whether they signed it. Here forward, it gets really interesting….  Mr Riyadi, by passing these bonds over, has also put at the disposal of the US Treasury the entire asset backing which he was alleged to have for the $15 trillion.  See Riyadi bought the Treasury bills with a note backed by his own gold.  So in other words, Riyadi has 15 Trillion in Gold in a bank and he offers to buy Treasuries with a piece of paper that is called a SKR or Safe Keeping Receipt from the bank.  Riyadi transferred ownership of his gold to Treasury with this SKR worth 15 Trillion.  Since Riyadi supposadly accepts 500 Million in payment from the Federal Reserve, he has bypassed his right to his 15 Trillion in a SKR.  Does sound fishy don’t it?  Don’t forget that those Treasuries have also made some interest in the meantime so they are technically worth more than 15 Trillion.  I have a letter from the Bank of Indonesia which says that the whole thing was a pack of lies. He did not have the 750,000 tonnes of gold which was supposed to be backing it; he had only 700 tonnes. This is a piece of complete fabrication.  I cannot comment on this as I do not know what Riyadi owns or has rights to transact – remember he is royalty and comes from a blood line of Emperors.

Finally, I have a letter from Mr Riyadi himself, (Apparently, Blackheath was in contact directly with Riyadi) who tells me that he was put up to do this, that none of it is true, and that he has been robbed of all his money. (It is more common than most are aware that forgery at this level is very very common.  My personal mentor was employed for 17 years investigating these same matters for a certain Queen – this is how I learned what I know about banking at these levels.)  I am quite prepared to recognise that one of the possibilities is that Mr Riyadi is himself putting this together as a forgery in order to try to win some recovery. I must say this can be taken two ways and I do not know which.  First, is that Riyadi through Blackheath may have been alerted to this scheme and has thus followed up with proper paperwork including the one to Blackheath for paper trail reasons or is part of a bigger picture that we are yet to potentially discover.  I believe the first.  But it gets more complicated than that because each of the $5 trillion payments that came in has been acknowledged and receipted by senior executives at HSBC and again receipted by senior executives at the Royal Bank of Scotland. I have a set of receipts for all of this money. Why would any bank want to file $5 trillion-worth-$15 trillion in total-of receipts if the money did not exist? The money was first said to have come from the Riyadi account to the Federal Reserve Bank of New York and from there it was passed to JP MorganChase in New York for onward transit to London. The means of sending it was a SWIFT note which, if it was genuine, ought to have been registered with the Bank of England.  What is being said here is that there is paper reciepts all along this trail that different players are acknowledging.  The reciept most in questions so far then is if Riyadi actually gave the SKR to be used in the first place and did he accept the 500M in payment?  If I was investigating this at this point, I would ask the Federal Reserve to produce the transfer of funds first of all to Riyadi for this transaction and then a copy of his acceptance of the terms.  All of them would have had to sign for this transaction and a the Feds would have a paper trail for the deposit.  Keep reading – gets better…..

When this came about, I took it to my noble friend Lord Strathclyde and asked what we should do with it. He said, “Give it to Lord Sassoon. He is the Treasury”.   Sasson is like our Geithner here in the US.  So I did, and my noble friend Lord Sassoon looked at it and said immediately, “This is rubbish. It is far too much money. It would stick out like a sore thumb and you cannot see it in the Royal Bank of Scotland accounts”. If you deposit more than 10K here in the US, it is flagged and is seen on bank screens.  This 15T is the same way in the big banking world – it would shine like the Sun on all reports and would have sent off alerts all over.  He went on to say, “The gold backing it is ridiculous. Only 1,507 tonnes of gold has been mined in the history of the world, so you cannot have 750,000 tonnes”. That is true. I am not sure how to address this.  Records for mining only went back so far in time.  What may be more accurate is stating recorded gold in the system.  If this be the case, then I have to believe that there is no way that anyone can possibly know how much the Emperors of IndoChina had or have.  Riyadi having this access could very well of had 700-750 Metric tonnes of gold.  We may never know.  What we do know is there is some entity from China backing the new Global Reset.  The third thing he said was, “It is a scam”, and I agree with him. The problem is that at that point we stopped looking, but we should have asked what the scam was instead of just nodding it off.  This would be my focus also, find the reason for the scam and the pieces come together.

We have never resolved it. Today, I have this quite frightening piece of paper, which is my justification for bringing it into this meeting. It the Federal Reserve Audit report for 2010  is available on the internet and I am astonished that it has not already been unearthed by the Treasury  London’s Treasury because every alarm bell in the land should be ringing if it has. It the audit or report is from the general audit office of the Federal Reserve in Washington-the real Federal Reserve-and its audit review to the end of July 2010 on the Federal Reserve Bank of New York. It has on it some 20 banks listed to which $16.115 trillion is outstanding in loans.  I have this report but have not read it just yet.  This is a very long report/audit done by the firm Deloitte.  That is the sore thumb that was being looked for by my noble friend Lord Sassoon. But more particularly there are two other interesting things. The first is that Barclays Bank has $868 billion of loan, and the Royal Bank of Scotland has $541 billion, in which case one has to ask a question, because they could have earned back in three weeks their entire indebtedness and could pay off the taxpayers of Britain. Why have they not done so and could we please ask them to put a cheque in the post tonight for the whole $46 billion?  Barclays bank and Royal Bank of Scotland were bailed out like our banks were to the tune of 46B that the taxpayers had to put up.  If in fact they received this money, then as stated, interest alone would have sufficiently been able to pay off these loans.

The next thing that is wrong with it is that every bank on this list, without exception, is an MTN-registered bank, which means that they are registered to use medium-term notes to move funds between themselves with an agreed profit-share formula, in which case these banks are investing this money and, most extraordinarily, not a penny of interest does the Federal Bank of New York want paid on that vast amount, $16 trillion.   Banking at this level is not common knowledge for the lay folk but MTN’s or Medium Term Notes are very real and those “Allowed” to play at that level are the elite.  Anyone who knows what the IMF rules are will immediately smell a rat. The IMF has very strict rules for validating dodgy money. So either the IMF turned a cheek or it did not go through there.  Did not someone just get replaced from the IMF?  There are two ways of doing it. You either pass it through a major central bank like the Bank of England, Sassoon from Treasury over there says he didn’t see it come in which apparently refused to touch this, or you put it through an MTN-trading bank, which is then able to use the funds on the overnight European MTN trading market where they can earn between 1 per cent and 2.5 per cent profit per night. The compound interest on that sum is huge. If it is genuine, a vast profit is being made on this money somewhere.  If it did go around the IMF and went to a bank with MTN capablilities then we have a money producing machine making at the very least 150B – could have easily paid off the 46B owed the taxpayers of London.  So we have a corruption ring here that needs to be addressed.  Is it through the IMF?  Does Treasury over there actually know something about this?  Is there banks participating in the MTN windfalls and not reporting it.  What we do know is that Blackheath has receipts that this money was indeed transferred through the system to these two banks. Where is the money and who is getting the profits from the MTN’s.

I believe that this is now such an important issue that I have put everything that I have got on the . subject on to a 104-megabyte memory thumb. I want the Government to take it all, put it to some suitable investigative bureau and find out the truth of what is going on here, because something is very seriously wrong. Either we have a huge amount of tax uncollected on profits made or we have a vast amount of money festering away in the European banking system which is not real money, in which case we need to take it back. I ask for an investigation and for noble Lords to support my plea.

Okay so in closing we have to remember:

Blackheath has laid out a full report on his investigations and is asking parliment to step in and set up a committee to look into this.  

Hardly anyone from parliament stayed to listen to him – wonder why.

Riyadi says he was scammed and did not take 500M for his 15T in Treasury Notes – Who would?

The Federal Reserve has 15T to loan on books from the Riyadi transfer so it does a loan to Barlcays Bank of London and the Royal bank of Scotland of London

Blackheath does some unearthing and produces original copies of documents supporting his claims of  this money transfer.

Money could not have been transferred through IMF if guidelines were followed and Treasury is not aware of this kind of transfer yet receipts for this transfer are real.

No one seems to know where the money is but it is on the books an potentially undermining London’s banking system and being used as leverage for a payout – to who is the question – the Federal Reserve????

Some things to ponder.  Just last week a CEO of Royal Bank of Scotland resigns.  The IMF director was replaced by Christine Lagarde not long ago.  Iran just stopped sales of oil to the UK.  It is suggested that the UK and the Federal Reserve have a relationship deeper than a mother and a daughter.  Put this together with the fact that this is just one of how many of these that have or are going on and you might now know why so many bankers are resigning.  Fraud is being exposed and arrests are happening all over the globe as we speak……..  Most importantly, if Riyadi was frauded and wanted to turn in his 15T for cash out immediately, who would be bankrupt overnight?  Who would own the US?

Hope this helps you understand some of what 6th floor has been doing for a while now and is still doing.    It is a major house cleaning going on and had to be done before our RV.  Otherwise the bad guys would have the ability to further their agenda with the RV windfall – ain’t gonna happen.   You have yet to hear the names of the US folks that are going down and soon…….You will be surprised!!!!


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