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Saturday, September 24, 2016

WSOMN UPDATE, 24 SEPT

AdminBill:  THE NEWS CONTINUES TO BE POSITIVE BUT NO ACTION AS YET. FRUSTRATION IS GROWING WITH BANKERS AND OTHERS. THE NEED FOR THIS EVENT GROWS. WE WAIT FOR THE RELEASE. 

ThirstyTiger:  Thanks Bill.  You're right, frustration abounds everywhere as we await our blessing.  I'm pretty sure there is significant action occurring but it has not yet led to our notifications.

OncewasLost:   ADMIN did the info come "piling in" as you hoped?

AdminBill:  MORE LIKE A SLOW FLOW…. NO SINGLE ONE THING BUT IT APPEARS WE ARE LOOKING FOR SOME ONE TO CONCLUDE THAT THE BANKS SLOW ROLL OUT IS WORKING AND CAN BE PUSHED ALONG A LITTLE QUICKER.

Gretah:  AdminBill - does this mean the bank has started rolling out exchanges? Or at least turning SKRs into liquid funds?


dminBill:  IT IS MY OPINION, BASED UPON THE NUMEROUS PIECES OF INFORMATION COMING IN, THAT THE RV WAS COMPLETED, THE FUNDING IS IN THE BANKS AND WE ARE SIMPLY WAITING FOR THE GREEN LIGHT FOR OUR TURN.

QueenSea:    Adminbill what is your prediction on the Green light?

AdminBill:  GREEN LIGHT - THAT IS THE QUESTION OF THE DAY. ALL POINTS TO BEFORE THE 1ST BUT THAT IS STILL A BIG QUESTION MARK.

Tiffer:  ADMIN Do you know if China will go asset backed on the 1st of October? That would be a powerful force to complete our journey!

KLS:  Tiffer: I read they are ready to go into SDR basket, to make it 5 countries as reserve currencies. Tell me if I'm wrong, please.

SunnysPlace:  MIDDLE EAST STARTS THEIR FISICAL YEAR OCT. 1 ST….. THIS NEXT WEEK IS GOING TO BE VERY EXCITING.......

OnceWasLost:  Fiscal Year )ct.1 That is ONE REASON I think "official rates change" will happen before the 1st

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Kermit53:  Ireland Begins Arresting Top Bankers Responsible For 2008 Crash

Ireland are following in Iceland’s footsteps by jailing its top bankers responsible for the 2008 financial crash.
 
Following from last year’s mass incarceration of 26 bankers in Iceland, Ireland is going to prosecute the 2005-2008 CEO of Anglo Irish Bank, David Drumm, on 33 criminal charges.
 
Anonhq.com reports:
 
These include two charges of conspiracy to defraud and false accounting relating to €7.2 billion in deposits placed in Anglo Irish Bank accounts by the then Irish Life and Permanent, between March and September 2008.

16 of the 33 charges relate to unlawfully authorizing billions in loans (to be invested back into Anglo Irish Bank) to 16 wealthy investors, in a bid to artificially prop up Anglo Irish Bank’s share price before its December 2008 collapse. Each of the 33 offenses carries a 5 or 10 year jail term, except for a single count of conspiracy to defraud, which has a maximum penalty of an “unlimited term of imprisonment” under Irish law.
 
According to Cape Cod Times, Anglo Irish Bank was nationalized in January 2009, but the financial crisis before and after the nationalization destroyed Ireland’s economy, with taxpayers forced to shoulder costs of $32 billion to cover bad debt and repay investors. The collapse of its economy forced Ireland to take EU and IMF bailout packages worth up to £77 billion in November 2010.
 
Hide-And-Seek With A Swindler
 
Drumm stepped down from Anglo Irish Bank in December 2008, leaving Ireland for Boston in June 2009 after the Bank’s collapse. The collapse was said to cost Irish citizens around €30 billion, close to one-fifth of Ireland’s annual output. In 2010, he filed for bankruptcy under U.S. law; however, a Boston court dismissed his application in early 2015, saying he had lied and acted in a fraudulent manner in his bid to be declared bankrupt in the United States. Finding Drumm “not remotely credible,” the court ruled that he could be held liable for debts of €10.5 million in Ireland.
 
Subsequently, Ireland sent an extradition file to the U.S. government, outlining charges to be prepared against Drumm on 33 different offenses. Consequently, Drumm was arrested by U.S. Marshals in October 2015, spending much of the next five months in a maximum security prison south of Boston. Though he began a series of court requests to fight extradition and be allowed bail, he changed his mind after two failed attempts to secure bail and came back to Ireland in March 2016 to contest the charges.
 
A day after his extradition, back to Dublin from the U.S., Drumm walked free from the prison after securing bail in Ireland when his parents-in-law agreed to a €100,000 independent surety from their joint bank account to satisfy the bail conditions. The father of two daughters also provided his own cash surety of €50,000.

http://embols.com/2016/09/24/ireland-begins-arresting-top-bankers-responsible-for-2008-crash/

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