Revolutionizing Awareness

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Posts Tagged ‘fraud’

Foul Play: Vatican Official Tied To BP, Goldman-Sachs, And Media Censorship In The Oil Spill Fiasco

Posted by Admin on June 13, 2010

By Sherri Kane and Leonard G. Horowitz

News unfolding from the oil crisis in the Gulf of Mexico has linked media censorship to investment bankers at Goldman Sachs (GS) stewarding the Vatican’s wealth, and increasing evidence that the explosion was intended.

A near total news blackout from independent sources, and arrests of anyone caught photographing and filming the devastation, show the Halliburton-British Petrolium (BP) oil crisis is being criminally controlled, implicating some of Wall Street’s heaviest hitters.

According to a report issued by frightened, yet faithful, documentary filmmaker, James Fox, interviewed from the Gulf’s Grand Isles by Mel Fabregas on the Internet’s Veritas Radio Show, “There is a complete media blackout” on news coverage broadcast from the region.

“They are arresting people with cameras and anyone off camera that is caught talking to a reporter,” Fox testified.

Another reporter told Fox,”You call this a free country? Right here, in the United States of America, there’s no freedom of press. There’s no freedom of speech. They’re closing down the airspace above the oil spill, so reporter’s can’t fly over to determine how bad these oil plumes really are.”

Suspicious pieces of this deadly puzzle feature Halliburton, the world’s second largest oil field services company, headquartered in Houston and Dubai, whose negligence is blamed for the timely and profitable explosion.

Three weeks before the “natural gas leak,” the George Bush/Dick Cheney 9-11-linked Halliburton company negotiated the purchase of the world’s largest oil-spill cleanup firm (Boots & Coots) at the exact time keen observers on Wall Street–financial intelligence agents at Goldman Sachs (GS; often called “Government Sachs”)–unloaded 44% of their stock in BP.

These facts parallel the shorting of airline stocks by those in the know prior to the World Trade Center (WTC) 9-11 attacks that new scientific evidence proves were followed by building demolitions, given the red thermite incendiary powder found everywhere around ground zero.

The WTC lessor, Larry Silverstein, partnered with Lloyd Blankfein of GS in the little known Partnership for New York City (PFNYC), took out a General Electric insurance policy just six weeks before the attacks. PFNYC “partners,” in charge of assessing financial damages to NYC, and reconstruction plans for the WTC, obviously “veered” insurance payoffs and additional private equity investments to Las Vegas for the construction of the 9-11 memorial–speciously called the “Veer Towers” in the “New World Center.” (Watch PHARMAWHORES, the movie; 1-888-508-4787.)

Blankfein, the PFNYC Co-Chairman and GS CEO, was barraged with indictments and rising media infamy regarding Goverment Sachs’s conflicting interests effectively demolishing the US economy through the “shorting” of the housing industry–scrutiny suspended by Halliburton’s oil rig synchronously exploding most profitably for GS and its CEO.

GS is covertly invested in the Bush-Cheney-linked Halliburton Company according to veteran observers. GS and Halliburton both had massive financial incentives to cause the profitable explosions–the three 9-11 WTC building demolitions, and the most recent “accident” in the Gulf.

The media’s gross neglect of the full extent of the crisis obviously supports GS’s damage control and incriminating connections. These include Blankfein’s PFNYC Co-Chairman, Rupert Murdoch, and their pernicious influence over the major networks and the PFNYC–the world’s leading petrochemical-pharmaceutical-biotechnology consortium profiting from death, disease, and environmental destruction. This unholy alliance best explains the media’s aversion to responsible reporting in the Gulf and elsewhere.

Besides Blankfein and Government Sachs backing stock in both BP and Halliburton, another red oil-drenched herring is Peter D. Sutherland–the outgoing Chairman of BP is also the current Non-Executive Chairman of Goldman Sachs International.

The scariest part of this whole story is that Mr. Sutherland, the man standing with one foot in GS, and the other on the burning Halliburton-BP oil rig, is the Consultor of the Extraordinary Section of the Administration of the Patrimony of the Apostolic See. In other words, Sutherland is the chief financial adviser to the Pope.

In 2010, Mr. Sutherland finished a 13-year stint as Chairman of BP, Europe’s largest oil company. A former Attorney General of Ireland, he is President of the Federal Trust for Education and Research, a British think tank whose efforts might better be called corporatist indoctrination than trustworthy “education.” He is Chairman of The Ireland Fund of Great Britain, and a member of the advisory council of Business for New Europe–a pro-New-World-Order European think-tank based in Britain.

From 1993-95, Sutherland was the Director-General of the World Trade Organization.

In January 2006, the current Non-executive Chairman of Goldman Sachs International, was appointed by United Nations Secretary General, Kofi Annan, as his Special Representative for Migration.

Now, ironically, Sutherland’s mission impossible is to migrate marine flora and fauna, fisherman, and coastal residents out of harms way in this spreading international emergency.

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Goldman Suchs, truly…

Posted by Admin on April 23, 2010

Goldman Sucks

Goldman Sucks

Something truly extraordinary has happened. The Securities and Exchange Commission (SEC) has charged Goldman Sachs, the greedy, grasping, Midas heart of the Old World Order, with fraud, prompting an immediate slump of over 12% in their share price.

For once, the victims of the evil empire of Goldman Sachs were not the ordinary people, but their own big clients, including the German bank IKB.

This is a momentous hour. Like rats in a sack, the Old World Order have viciously turned on each other. Their united front is disintegrating.

How did it come about? What did Goldman Sachs do that was so outrageous that the SEC could no longer turn a blind eye to the myriad of transactions performed by Goldman Sachs that should have attracted the most serious scrutiny long ago?

What happened was that the hedge fund Paulson & Co, one of the most spectacular beneficiaries of the Credit Crunch, earning billions of dollars while so many other were losing billions, put together a complex portfolio of subprime-mortgage-backed investments that it fully expected to slump in value i.e. it was actually assembling a collection of what it thought were the highest risk, most dubious investments available, and anticipating maximum downside on this portfolio. Its explicit strategy was to bet heavily against this portfolio i.e. to “short” it to the fullest extent. In other words, Paulson & Co regarded this portfolio as utterly toxic, a disaster in the making. This portfolio was “dead man walking” if ever there was one.

Paulson & Co arranged for Goldman Sachs to structure, market and sell this portfolio to its prestigious clients. Goldman Sachs gave it the full, glossy treatment, indicating to many clients that they would be sitting on a potential goldmine if they invested in this portfolio. They completely omitted to mention to all would-be clients that Paulson & Co regarded this portfolio as a collection of the walking dead – a zombie fund heading for the graveyard. Isn’t this a critical piece of information about which every potential client ought to have been made aware? It’s a bit like selling a house for full market value when you know it’s sitting on the edge of a crumbling cliff, a fact that you deliberately fail to tell the purchaser.

In fact, they didn’t mention Paulson & Co at all. They claimed instead that ACA Management, an objective, independent third party with expertise in analyzing risk, had assembled the portfolio. They must have known that if they had admitted the involvement of Paulson & Co, investors might have viewed it entirely differently, given the reputation of hedge funds.

The Goldman Sachs “vice president” at the heart of the scandal is a Frenchman called Fabrice Tourre. In an email sent to a friend a month before he helped to structure the toxic portfolio, Tourre said, “More and more leverage in the system. The whole building is about to collapse anytime now … Only potential survivor, the fabulous Fabrice Tourre … standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implication of those monstrosities!!!”

Tourre was described as a “well-mannered, handsome guy from a very refined family.” He had a reputation for throwing noisy parties in his fashionable block of flats. He was a ‘straight-A’ student at the Lycee Henri IV, one of France’s most elite schools, housed in an exquisite 6th Century abbey in Paris. He then studied mathematics at the Ecole Centrale Paris, a top French university, before completing his elite education with the obligatory trip to the USA where he obtained a master’s degree from Stanford. He worked in a luxurious office in a prime location in London.

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Goldman Sachs FRAUD Charges Filed By SEC Over Subprime Mortgage Securities

Posted by Admin on April 21, 2010

Huffington Post

Goldman Sucks

Goldman Sucks

April 16, 2010

http://www.huffingtonpost.com/2010/04/16/sec-goldman-sachs-charged_n_540377.html

The government has accused Goldman Sachs of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.

The Securities and Exchange Commission announced Friday civil fraud charges against the Wall Street powerhouse and one of its executives. The agency alleges Goldman failed to disclose that one of its clients helped create — and then bet against — subprime mortgage securities that Goldman sold to investors. In essence, Goldman is accused of pushing a mortgage investment that was secretly devised to fail.

Investors in the mortgage securities are alleged to have lost more than $1 billion, the SEC noted.

The SEC claims Goldman Sachs and one of its top officers misled investors by not disclosing that hedge fund manager John Paulson, who made billions betting against the housing market, selected the assets that went into a complex security called “Abacaus.”

Paulson & Co. is one of the world’s largest hedge funds, and paid Goldman roughly $15 million for structuring these deals in 2007.

“The simultaneous selling of securities to customers and shorting them because they believed they were going to default is the most cynical use of credit information that I have ever seen,” finance expert Sylvain R. Raynes told the New York Times about such deals. “When you buy protection against an event that you have a hand in causing, you are buying fire insurance on someone else’s house and then committing arson.”

Goldman Sachs shares fell more than 10 percent after the SEC announcement.

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World’s biggest coal company brings U.S. government to court in climate fraud

Posted by Admin on February 22, 2010

World’s biggest coal company brings U.S. government to court in climate fraud

John O’Sullivan

Feb. 17, 2010

The world’s largest private sector coal business, the Peabody Energy Company (PEC) has filed a mammoth 240-page “Petition for Reconsideration,” a full-blown legal challenge against the U.S. Environmental Protection Agency.

The petition must be answered and covers the entire body of leaked emails from ‘Climategate’ as well as those other ‘gate’ revelations including the frauds allegedly perpetrated under such sub-headings as ‘Himalayan Glaciers,’ ‘African Agricultural Production,’ ‘Amazon Rain Forests,’ ‘Melting Mountain Ice,’ ‘Netherlands Below Sea Level’ as well as those much-publicized abuses of the peer-review literature and so called ‘gray literature.’ These powerful litigants also draw attention to the proven criminal conduct by climate scientists in refusing to honor Freedom of Information law (FOIA) requests.

Peabody is, in effect, challenging the right of the current U.S. federal government to introduce cap and trade regulations by the ‘back door.’ In this article we summarize Peabody’s legal writ.

PEC has pulled out all the stops to overturn the EPA findings ‘Endangerment and Cause or Contribute Findings for Greenhouse Gases under Section 202(a) of the Clean Air Act’ made on December 7, 2009. Those findings were in turn premised on the Supreme Court decision of April 2, 2007 of Massachusetts v. EPA, 549 U.S. 497 (2007), where the court ruled that greenhouse gases are air pollutants covered by the Clean Air Act.

PEC argues inter alia that the law requires that the federal agency must articulate a “rational connection between the facts found and the choice made” as per the case of Motor Vehicle Mfrs. Ass’n of the United States, Inc. v. State Farm Mutual Auto Ins. Co., 463 U.S. 29, 43 (1983).

The PEC arguments are based primarily on the release of email and other information from the University of East Anglia (“UEA”) Climatic Research Unit (“CRU”) in November of last year. Their civil action lists most of the principle scientists such as Professor Phil Jones, of the UK’s Climatic Research Unit, who recently admitted there has been no ‘statistically significant’ global warming for 15 years and agreed the Medieval Warm Period may have been just as warm, if not warmer than current global temperatures.

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