Greece Defaults. Dozens More Senior Bankers Resign. More Arrests.

Hi Tap, Here is some Breaking News, its exactly as Predicted by Fulford a couple of weeks ago,
& Max Keiser has mentioned it was more than a possibility it would happen, this is the start of the rot.

This wasn’t what I was going to have posted, but that can wait.

Another thing, Gates has been arrested (so he won’t be deleting any files), following Geithner’s Act, along with Bush Senior & Kissinger.

Moody’s: Greece has defaulted
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Published: 10 March, 2012, 03:49

Reuters / Mike Segar

TRENDS:Eurozone crisis
TAGS: EU, Crisis, Economy, Greece

Moody’s Investors Service considers Greece to have defaulted per its default definitions. The announcement comes despite Athens reaching a deal with private creditors for a bond exchange that will shave €107 billion from its €350 billion debt.

The agency pointed out that even though 85.8 per cent of the holders of Greek-law bonds had signed to the deal, the exercise of collective action clauses that Athens is applying to its bonds will force the remaining bondholders to participate.

Eventually, the overall cost to bondholders, based on the present net value of the debt, will be at least 70 per cent of the investment, Moody’s explained.

“According to Moody’s definitions, this exchange represents a ‘distressed exchange,’ and therefore a debt default,” the US rating firm said. “This is because (i) the exchange amounts to a diminished financial obligation relative to the original obligation, and (ii) the exchange has the effect of allowing Greece to avoid payment default in the future.”

Ahead of the debt deal, Moody’s had already slashed Greece’s credit grade to its lowest level, “C,” and so there was no impact on the rating.

Moody’s pointed out it had already downgraded Greece’s sovereign rating to C from Ca on March 2, further to the announcement of the debt exchange proposals. It also said it will re-evaluate the rating to see how the debt write-down and the second bailout package would affect the country’s financial sector.

On Friday, Athens announced that it had carved out a crucial bond swap deal with private investors designed to write off more than €100 million of Greek debt. The bondholders agreed to take huge losses, giving up some 74 per cent of the value of their investment.

The agreement with private investors was a crucial part of a new bailout from the EU and the IMF aimed at averting a catastrophic default which could plunge the entire eurozone into a deep crisis potentially harming the global economy.

Greece is experiencing its worst economic crisis since World War II and has been on the brink of a default with debt equal to 160 per cent of its GDP.


Investigative information for Europe and the United States has a series of ultra-elite arrests.

(Text is garbled)

According to the man of MI6 and senior Pentagon, Henry Kissinger and Daddy Bush, Bill Gates, founder of Microsoft has continued to work in order to prolong the life of the international financial system of the conventional and the key currency to U.S. dollars Federal Reserve Board to issue , to be bound by U.S. officials last week, that has received the pursuit.

This movement, as reported in the previous issue, and the trigger information is a number of Timothy Geithner, U.S. Treasury Secretary will be temporarily restricted on February 24, when subjected to interrogation, revealed to the authorities according to the plea agreement has become.

Geithner and exposed the fact that he gets to know the following people for self-protection, “even their own Obama also, at the direction of running (Papa Bush) George Bush · H · W ·” eventually testified. The trick to enable the embezzlement of more than 40 different soft of network computer Papa Bush received the testimony of Geithner, has been questioning the next “Bill Gates of Microsoft, has been prepared for a new financial system and due to the testimony “was constructed, he said it lasted the hand of the investigation even Bill Gates to sweet-potato vines formula.

If the information is true big play investigation to proceed in the back started to flow from this per week before last, near the start of a new financial system in the world. Also background has become a situation of exceptional part of the central banks and private banks, the world’s leading, that have committed to resign in the near future or resignation (including dismissal) to date, believe that movement is related to the establishment of a new world financial system as well.

※ I want you to view a list of the 116 people that have been addressed are summarized in the following URL. From here, you can also check the resignation of the individual news sources.

Update on 177 Banker Resignations Link:-


9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
09/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
9/25/11 (USA CA) Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company
9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perryresigned
10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
11/01/11 (INDIA) More directors of the Beed district bank resign
11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 – DEFACTO RESIGNATION)
11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
11/11/11 (HONG KONG) Goldman Sachs’ Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years
11/10/12 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned
11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns
12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires
12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns
12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quits
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits
1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maor steps down after 16 years
1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.
1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of Staff William M. Daley resigned
1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires
1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires
1/19/12 (SPAIN) Spanish bank Santander’s Americas chief Francisco Luzon quits
1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
1/20/12 (JAPAN) Normura’s head of wholesale banking Jasjit Bhattai quits
1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits
1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min Kim Resigns
1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COO Andrew Graham steps down
1/31/12 (SCOTLAND) Royal Bank of Scotland former CEOFred Goodwin Stripped of Knighthood
2/01/12 (SOUTH AFRICA) ABSA [Barclay’s Bank] deputy CEO Louis von Zeuner resigns
2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss.
2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quit
2/05/12 (USA – NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
2/07/12 (USA) Bank Of America’s Mortgage Business Chief Barbara Desoer Retires
2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal (names not known)
2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive Director Madam Yujiang Zhao resigned
2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
2/13/12 (UK) Goldman Sachs confirmed on Monday thatGeorge N. Mattson, one of the firm’s top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar.
2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Raza resigned
2/14/12 (USA NY) Goldman Sachs Jeffrey Moslowresigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc.
2/15/12 (WORLD) World Bank CEO Zoellick resigns
Did the White House tell the World Bank president that he’s out?
2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summer
2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns
2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
2/22/12 (UK) UBS AG’s (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerland’s biggest bank after 25 years at the firm.
2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications.
2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps down
2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
2/27/12 (BAHRAIN) – Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns – Flees to Canada!
2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quits
2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.
2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, “We feel that (Winston) Brassington knows everything…A to Z about all the transactions,” said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning thatcontroversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee.
3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
3/01/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government’s legislation on boosting competition.
3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
3/01/12 (USA NY) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG’s third party asset management business, PineBridge still manages AIG assets
3/01/12 (SINGAPORE) UBS Singapore – James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.
3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
3/01/12 (ICELAND) Iceland’s Financial Supervisory Authority (FSA) fired its director Gunnar Andersen
3/02/12 (CHINA) China Construction Bank Corp, the assistant general manager and head of corporate bankingMickey Mehta quits
3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign
3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ngresigns
3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairman
3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
3/03/12 (ETHIOPIA) Dashen Bank’s board dismisses president Leulseged Teferi
3/03/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife killed at Estonia holiday home ⑆44541444⑈ and and
3/04/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quits
3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
3/05/12 (UK) Jupiter fund co-manager John Hamiltonsteps down
3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
3/06/12 (FRANCE) Blackstone Group’s Paris office leaderJean-Michel Steg will step down
3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Director
3/06/12 (JAMAICA) Jamaica’s Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon.
3/06/12 (USA PA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries.
3/06/12 (UK) Sterling Green Group has announced thatPhilip Kanas, a non-executive director, has decided to resign
Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
3/07/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Risk Officer Hugo Baenzigeri to resign
3/07/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Operating Officer Hermann-Josef Lamberti to resign
3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEO
3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service
3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.
3/07/12 (UK) Goldman Sachs (GSI) Christopher Frenchresigns from board
3/07/12 (UK) Goldman Sachs (GSI) David Wildermuthresigns from board
3/07/12 (UK) Goldman Sachs (GSI) Matthew Westermanresigns from board
3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns
3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading
3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month
3/07/12 (HONG KONG) UBS Senior Asia EconomistJonathan Anderson Departs
3/07/12 (FRANCE) Société Générale Private Banking,Daniel Truchi is to step down as head of Société Générale Private Banking
3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia’s largest ATM operator
3/07/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers’ Retirement System resigns
3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital’s tune
3/08/12 (USA NY) Schroders, chief investment officerAlan Brown is steps down
3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probe
3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 years
3/08/12 (GERMANY) Clearstream Banking AG – Katja Rosenkranz To Leave Deutsche Börse Group [stockmarket]
3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament.

█▓▒░ End of list as of 8th March 2012 ░▒▓█


It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of high significance. No one should assume I make any judgement about the character of these people. I frankly don’t know their reputations except for a few rather famous ones.
This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).


The Tap Blog is a collective of like-minded researchers and writers who’ve joined forces to distribute information and voice opinions avoided by the world’s media.

7 Responses to “Greece Defaults. Dozens More Senior Bankers Resign. More Arrests.”

  1. GPracers says:

    “I find the timing of so many resignations extremely curious and a temporal marker in history of high significance.”

    “There are no such things as coincedences”, William Cooper

  2. wasp says:

    I am pleased to see Bill Cooper’s name being mentioned, he was a man of Action Great Integrity & High Intellect, there was never any chance of them ‘Pulling The Wool Over His Eyes’.


    He was not one for making False Statements, & nothing he has stated should be dismissed, & considered irrelevant or Disinformation.

    In view of the fact that he made the fact known, that UFO’s EXISTED, this fact ‘cannot be swept under the carpet’ as many would like you to do. You can read this book ‘ONLINE’ in Tap Books.

    If you do so I wish to draw your attention to section stating how Economics is used to Tailor Make, Wars & Other Disasters as The Silent Weapon. original text by Tom Young
    Silent Weapons for Quiet Wars
    An introductory programming manual
    Operations Research. Ch1

    I would advise any one who hasn’t done so to read Behold a Pale Horse, you will learn much from a man who knew what he was talking about.


  3. Tapestry says:

    Thanks for the reminder, Wasp. I meant to order a few books now I’m in the UK.

  4. Anonymous says:

    Greece now announce finances all sorted out? (in fact over subscribed !!)

    but a few comments like the eg greek pension funds etc have took a hair cut some 70%? .

    have i got this wrong does that mean the people are taking again the real HIT on their paid for secure retirment funds (pot)

    creative (milking) accounting is why we pay bankers etc multi millions in day light robbery wages

    which stone will be over turned next? (account &/or country)

    any thoughts?


  5. Tapestry says:

    If you write off 70-75% of your outstanding debts by a default, your accounts look much better. Debts miraculously shrunk, followed by new financing.

    The q is who lost the money, and what does that do to their balance sheet, P&L account?

    If, e.g. RBS are part of the loss and have lost say £20 billion, that’s yet more debt owed by the British taxpayer.

    Effectively all banks are bust and therefore all governments. All debt will have to written off, and the world start with a clean slate.

    That, however, would wipe out the power and credibility of the Rothschilds and the other central banking families.

    They are no doubt all cashed out themselves and can buy back in in the basement, but politically the old game will be over. This amount of loss is not presentable as a blip. It’s the end of the war/debt banking system created hundreds of years ago.

  6. Anonymous says:

    I dont understand why you say its the end of the war / debt banking system …

    The system seems to be doing exactly what it was designed to ? I dont see the US dismantling its war operations – or any fundamental changes to central banking ( as if we have ever been privy to those in any case ) – you know what I mean – The guys who make the money still seem to be the ones who make the money ?

    I think the worst phase is still to come – Inflation ? Will that be the reason why we will sleep walk into a new currency/ OWG ?

    Essentially just a continuation of the same old system – They would only change it if they really had to – so far they have demonstrated amazing abilities to deal with crisis – mainly through control over what is distributed via MSM ?


  7. Tapestry says:

    I agree, Sean. The media content is crucial to keeping their show on the road.

    Has CBS NEWS broken ranks?

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