Corporate crime: Five biggest financial scams of all time
Naturally, #1 is the man himself, the Dago Charles Ponzi, who had
Ponzi's frauds came to 20 million. Not much now, but back in 1919, that kind of loot would of been astonishing. Ponzi is listed as Italian, but Ponzi is also a Jew surname. But we'll leave Ponzi at the top as a kind of Con Artist Emeritus.
Now on to Bernie (((Madoff))), whose clients definitely felt the BURN, of over 64 billion. Some of which was laundered to Israel. Yes, shocking, isn't it?
WMR has learned from the executor of the estate of a woman defrauded by jailed New York securities dealer Bernard Madoff that much of Madoff’s money never disappeared as alleged by some but was invested in businesses in Israel, transferred to offshore bank accounts, and pumped in small amounts to the political campaigns of Democratic women candidates, particularly U.S. Senate candidates, endorsed by the group EMILY’s List.I'm sure Israel returned the stolen loot, don't you?
Madoff was major Democratic campaign contributor.
Since 1991, Madoff and other individuals connected with Bernard L. Madoff Investment Securities made campaign contributions totaling $372,100, with about 89 percent of those funds directed to Democrats, according to OpenSecrets.org, the Web site of the Center for Responsive Politics. The majority of the senators and representatives who benefited from these donations were New York-area legislators
The New York-area legislators who benefited from Bernie's handing out shekels included two US Senators representing New York who were thankful enough to help appoint federal and New York surrogate court judges who would later help Bernie avoid prison, at least temporarily.
When there's that kind of moolah being offered up, you can damn will bet Hillary "It's Putin's fault" Clinton got her grubby paws on some.
Bernie is supposedly at the Federal Correctional Complex, Butner in North Carolina--where Israeli mega-spy Johnathan Pollard did time for stabbing Americans in the back. When you go to Pollard's Wiki page, they bring up muh holocaust, as if committing treason has anything to do with that fraud. Butner is known as the 'crown jewel' of the federal prison system.
Ken Lay, of Enron, who not only scammed the (((MSM))) about his dealings, he also racked up around 63 billion in various frauds, giving him the Olympic Silver for racketeering.
Now here's where it gets good...Lay died while vacationing--while out on bail, nice--three months before his October 23 sentencing. A preliminary autopsy reported Lay had died of a heart attack caused by coronary artery disease and his conviction was vacated. His corpse was allegedly cremated, so no one can disinter his grave to make sure Mr. Slippery is actually buried.
It gets gooder! Since he died before getting his formal judgment of conviction, the Feds can't seize the 43 million Lay had at the time of his 'death.'
Sweet. Bet the investors and Enron hired help would like to kill him again.
Anyone who thinks Kenny boy is actually dead, raise your hand. Oh, BTW, Lay is a German-Jewish name.
Lay says he dindu nuffin, that "...that Enron's collapse was due to a conspiracy waged by short sellers, rogue executives, and the news media."
Batting cleanup is Lehman Brothers....
The crash of the 150-year-old investment bank Lehman Brothers became the enduring symbol of the financial crisis of 2008. Lehman was heavily involved in subprime mortgage–backed securities, and became the largest victim of the notorious mortgage credit crunch.
Their greed total came to over 600 BILLION, which was the assets LB was supposed to have, but didn't when the feces started hitting the rotary oscillator. So guess who got put on the hook to bail-out these shysters, at the same time their avarice helped to crash the US economy.
If you want to read how a slow-motion train wreck looks like, click here...
At least the CEO, Richard (((Fuld))), got to keep a big chunk of loot while we got the bill.
The movie "Margin Call" is based on Lehman's implosion. Pretty good movie, definitely recommend watching the great Jeremy Irons in action.
Bernard Ebbers of WorldCom
It's good to be the King!
The family name origins & meanings of the Juden Ebbers is 'Shtupper of Goyim? (Not really, couldn't resist tossing that in, since it fits so well.)
Douglas Lake Canada's biggest ranch[- 500,000 acres (2,000 km²) in British Columbia. General partner/president. Acquired in 1998 for about $65 million. Sold on May 30, 2003, by MCI to E. Stanley Kroenke.(Side note: Does one have to be a Jew to be a multi-billionaire? Looks that way, as some say the multi-billionaire Kroenke is a Jew, others not. Take your pick. Now back to our regularly scheduled programming)
Ebbers proclaims to be a Baptist, but did you know--brace yourself, this is going to be a shocker--that Ebbers is a Jew surname?
As a high-profile member of the congregation, Ebbers regularly taught Sunday School and attended the morning worship service with his family. His faith was overt, and he often started corporate meetings with prayer.Prayers like this? "Dear G-d, please don't let those fools find out I'm a fraud and the company stock is worthless. Life is good for me and I promise to give one million shares of WorldCom to you if they never find out I'm a con artist?
"I do not believe I have anything to hide, I believe that no one will conclude that I engaged in any criminal or fraudulent conduct," he swore to the U.S. House Committee on Financial Services back in July 2002.
The United States House Committee on Financial Services (also referred to as the House Banking Committee) is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission, and other financial services regulators. It is chaired by Jeb Hensarling (R-TX) and the ranking Democrat is Maxine Waters (D-CA).
Then there's former US House member Barney Frank (D-MA) who had a torrid love affair with one Herb Moses, an executive for the now-government controlled Fannie Mae, while Frank was serving on the House Banking Committee the entire 10 years they were together. Moses created junk housing mortgage loans, making many shekels that he brought home to his 'hubby,' Barney Frank so they could enjoy the good like while ignoring the impeding MBS explosion that devastated many Americans and wrecked our economy.
Guess love is blind? Funny thing about this, Wikipedia doesn't mention this sordid affair in their Frank listing?
The year Mr. Frank and Mr. Moses broke up, Mr. Moses and Ms. Mae also broke up.
“Fannie Mae and Freddie Mac are not facing any kind of financial crisis." Uh Barney, didn't your Mommy tell you it's not polite to talk when your mouth's full?
In the 1980s, Frank got involved with Steven Gobie. The romance was more late-night Cinemax than Jane Austin. They met through a Washington Blade classified touting sexual service. Gobie supplied his “hot bottom” and “large endowment,” as advertised; Frank supplied the $80. More money followed—to Gobie’s attorney, to his psychiatrist, to Gobie himself, whom Frank styled as his personal aide.It sometimes takes a large endowment to satiate an on-fire anus.
Large endowment? What are we talking here, maybe 10 inches of endowment?
Frank used his office to get thirty-three of Gobie’s parking tickets waived and penned missives on congressional letterhead to Gobie’s Virginia probation officers that the Boston Globe Magazine labeled “disingenuous at best and outright deception at worst.” That phrase seems well-suited for Frank’s denials that he had no knowledge that his rentboy was using his townhouse to collect rent from other enthusiastic tenants.Naturally Horny Barney is a loyal servant to Israel, probably doing more for that Apartheid nightmare than he did for Americans while in the House.
Frank was shocked, shocked when informed that his Lothario had been entertaining clients at his home. Frank initially encountered Gobie as a prostitute and knew of his felony convictions involving cocaine and child pornography. But he didn’t know, we were supposed to believe, that his townhouse doubled as a whorehouse.Well, one can't just let that large endowment lay around, not doing anything or anyone.
Horny Barny's love of Israel knows no bounds:
"The Israeli government has been a wholly democratic one from the beginning," he said in a lecture to students. "It is one of the freest democracies in the world". He attributed the primary reason for Israel’s long war to his belief that Palestinians are unwilling to make concessions.
Predatory Jews & the Interest Rate Swap Swindles
That would be Myron Scholes and Robert C. Merton (both winners of the Nobel Memorial Prize in Economic Sciences) two of the three principals that formed LTCM--Long Term Capital Management--that blew up in 1997. Scholes is an avid lover of bagels, but Merton isn't fully Kosher certified, but his Daddy is, so we'll give Merton the benefit of the doubt when it comes to that certain DNA that is nearly always found at financial crimes scenes.
I mention LTCM because there's something that smells rancid as Gefilte fish about this con job. When LTCM started imploding in 1997, investors were on the hook for 4.6 billion, which is a lot of money, but not so much when it comes to the amounts traded each day on the world's stock exchanges.
This link shows the top trading frauds--at least the public ones--and it's notable for a certain ethnic group being at the center of many.
Yet LTCM was saved from blowing up when the Federal Reserve Bank of New York intervened with the assistance of Bankers Trust, Barclays, Bear Stearns, Chase Manhattan Bank, Crédit Agricole, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, JP Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, Paribas, Salomon Smith Barney, Société Générale, and UBS.
Now call me a conspiracy theorist, but to not let the market work by letting LTCM turn to rubble by getting 17 major banks and financial institutions around the world to prop them up, well, something just ain't right. Don't buy the BS about letting this company fail would set off a major crisis, that's what bankruptcy courts are for, slowly easing the pain so that it's manageable and only a few buzzards get to feast on the corpse.
Sorry about the length of this blog, but once you start peeling back the layers and turning over rocks, all sorts of interesting info comes out, and damn near all of it emanating from a certain tribe of ethnic gangsters.
So why doesn't the MSM do more in-depth reporting on these frauds, scams and thieving? Considering that the MBS--Mortgage Backed Securities--fraud that involved banks loaning money to people who really couldn't afford the McMansions turned into a bubble that burst in 2007, affecting a a very negative way most of the western world, and now we have something similar involving subprime auto loans, some of which are going into default, don't you think it would be a good idea for the MSM to let people know the economic catastrophe that's staring us in the face?
So why doesn't the MSM do some actual investigative reporting instead of always screaming about Russia or CIA-Mossad backed jihadis?