Monday, July 9, 2012

Marine Links Obama's Harvard Mentors to Libor Wag the Dog

United States Marine Field McConnell has linked Barack Obama's erstwhile mentors at Harvard University, David Johnston and John McArthur, to a Libor ‘Wag the Dog’ story, allegedly designed to give Obama a second term of residence in the White House.

McConnell claims that Johnston and McArthur conspired with Thomson Reuters and Obama to set Libor up as a Harvard dictator game in which private-equity insiders such as Mitt Romney of Bain Capital are both enriched and compromised to protect the game itself.

“Obama's Campaign for [Man-in-the-Middle] President of the Harvard Law Review”


[Photoshopped?]

“BoE's Tucker to Testify on Libor Scandal Published July 09, 2012 Reuters A row about how much top British politicians and officials knew about interest rate rigging will intensify on Monday as the man tipped to be the next Bank of England governor reveals what he told Barclays when it fiddled its figures. Paul Tucker, deputy governor of the Bank of England, will appear before lawmakers examining Barclays and other banks suspected of manipulating Libor, the interbank lending rate that underpins trillions of dollars of contracts around the globe. He appears at 1530 GMT. Earlier this month, Barclays was fined a record $450 million by U.S. and UK regulators for conspiring to rig Libor rates between 2005 and 2009, plunging the bank into crisis and triggering a brawl between politicians over who was to blame. Barclays is the only bank to settle in what has been a long-running Libor investigation involving more than a dozen banks, including UBS, Deutsche Bank and Royal Bank of Scotland. Britain's fraud squad took up the case on Friday, raising the prospect of criminal prosecutions, and sources told Reuters that Germany's markets regulator had launched a probe into Deutsche Bank. Two Deutsche Bank employees were suspended and left the bank in late 2011 after an examination of whether staff were involved in manipulating interbank lending rates, two sources at Deutsche Bank said, declining to reveal their identity. Deutsche Bank declined to comment, referring to its last quarterly report, which said it has received subpoenas and requests for information from U.S. and European authorities in connection with setting interbank rates between 2005 and 2011. UBS declined to comment beyond its last quarterly filing, which said it was being investigated over whether there were improper attempts to manipulate Libor, and it had been granted conditional leniency or immunity for co-operating. RBS has said "certain members" of the bank are alleged to have individually or collectively manipulated Libor. It declined further comment. Libor, or the London interbank offered rate, is compiled from estimates by large international banks of how much they believe they have to pay to borrow from each other. It is used for $550 trillion of interest rate derivatives contracts and influences rates on mortgages, student loans and credit cards. The rates submitted by banks are compiled by Thomson Reuters, parent company of Reuters, on behalf of the British Bankers' Association.

“The Thomson Reuters Trustee Directors are experienced and eminent people from the world of politics, diplomacy, journalism, public service and business. They are selected by a Nomination Committee and proposed to the Board of Thomson Reuters Founders Share Company for appointment. The Thomson Reuters Founders Share Company is a Company limited by guarantee and has a Board of Directors. The Directors are also the Members of the Company and are collectively known as the Thomson Reuters Trustee Directors. The number of Trustee Directors has to be at least fourteen and not more than eighteen. There are a minimum of two meetings per year. They receive reports on Thomson Reuters’ activities in the different fields in which it operates and we meet with both the Thomson Reuters Board and representatives of the group management. Through the Chairman, regular contact is maintained with Thomson Reuters. Below is a list of the current Thomson Reuters Trustee Directors. Click on their name to see their biographical details.

Name and Date app.

Pehr Gyllenhammar (Chairman) 1997
Sir Christopher Mallaby (Deputy Chairman) 1998
Leonard T Berkowitz 1998
The Baroness Noakes [KPMG Pattern of the Times] 1998
Jaakko Rauramo 1999
Uffe Ellemann-Jensen 2001
John McArthur [Libor mentor with David Johnston] 2001
Joseph Lelyveld 2004
John Fairfax 2005
Pascal Lamy 2009
Dr Michael Naumann 2010
Dame Helen Alexander [Bain Capital kickbacks to Mitt] 2011
Yuko Kawamoto 2011
Christine Loh 2011
Pedro Malan 2011
Lord Mark Malloch-Brown 2011

“Chapter 4 THIRD PARTY REWARD AND PUNISHMENT: GROUP SIZE, EFFICIENCY AND PUBLIC GOODS Johan Almenberg, Anna Dreber, Coren L. Apicella and David G. Rand, Ministry of Finance, Stockholm Sweden, Stockholm School of Economics, Stockholm Sweden, Program for Evolutionary Dynamics, Department of Psychology, Berkman Center for Internet and Society, Harvard University, Cambridge MA USA, Department of Health Care Policy, Harvard Medical School, Boston MA USA ABSTRACT Costly third party punishment has been utilized as a tool for studying the enforcement of social norms. Experiments on this topic typically involve a third party observer who can pay to decrease the payoff of a player who has behaved selfishly (or generously) toward another. We investigate whether third parties are also willing to engage in costly rewarding, and whether third party responses are sensitive to the number of players affected by the selfish or generous action. Using the ‘dictator game’, where one player (the dictator) divides a sum of money between herself and a recipient, we allowed dictators to be selfish, fair, or generous. Unlike in other experiments, third parties then had the choice to either punish or reward the dictator. Across all variations, responses followed a consistent and intuitive pattern: selfish behavior was punished while generous behavior was rewarded. Not only were third parties willing to engage in costly rewarding, but rewards were in fact at least as common as punishments. Furthermore, third party response was more pronounced when the dictator transfer had the non-rivalrous character of a public good, in the sense that both (a) the number of recipients increased and (b) the dictator's transfer was multiplied by a constant factor, so that the larger number of recipients did not reduce potential payoff of each recipient. Third party response did not change significantly when either of these manipulations was performed alone suggesting a particular sensitivity to situations involving a public good.”

“DRAFT 45 PREAMBLE FOR A CONSTITUTIONAL REMEDY TO PRIVATE-EQUITY RACKETEERING AND TWO-PARTY CORRUPTION IN GLOBAL GUARDIAN 9/11 MAY 1, 2007: FILED BY FIELD MCCONNELL AS CIVIL CASE 3:07-CV-49 IN FARGO COURTHOUSE, NORTH DAKOTA DRAFT 45 PREAMBLE FOR A CONSTITUTIONAL REMEDY TO PRIVATE-EQUITY RACKETEERING AND TWO-PARTY CORRUPTION IN GLOBAL GUARDIAN 9/11 Claim for Punitive and Treble Damages for Wrongful Deaths on 9/11/2001 resulting from movement of sex, sabotage and murder-for-hire assets by the racketeering use of interstate or foreign commerce networks, financed by Private Equity, Arbitrage, Insurance and Hedge Fund Frauds between October 1970 and September 2001. Prove that the defendants are related to Canadian International Development Agency and CAI-Carlyle Private Equity Groups which are allegedly engaged in the extortion of leaders of the Queen’s Privy Council of Canada, the U.S. Departments of Justice and State and the UN Environment Programme and traders in Carbon Emission Credits under the Kyoto Protocol, collectively ‘GLOBAL GUARDIANS’. Ask courts to stop private-equity use of interstate or foreign commerce to move private assets on public networks or public assets, including assets of pension funds, insurance companies and banks, on private networks and prevent defendants from absconding with assets, hiring assassins and extorting federal and state politicians. .. Plaintiffs, Vs .. KRISTINE MARCY (MCCONNELL INTERNATIONAL, U.S. DETENTION AND DEPORTATION PROGRAM, IMMIGRATION AND NATURALIZATION SERVICE; U.S. MARSHALS SERVICE; U.S. DEPARTMENT OF JUSTICE; OFFICES OF CONSTRUCTION MANAGEMENT AND BUDGET AT THE DEPARTMENT OF THE INTERIOR; OFFICE OF CIVIL RIGHTS, DEPARTMENT OF EDUCATION; OFFICE OF PERSONNEL MANAGEMENT, U.S. INVESTIGATION SERVICES, CARLYLE PRIVATE EQUITY GROUP, GEORGETOWN UNIVERSITY), … AND THEIR CO-DEFENDANTS, COLLECTIVELY THE ‘ENTERPRISE’: … DAVID L. JOHNSTON (CAI PRIVATE EQUITY GROUP), … JOHN H. MCARTHUR (CAI PRIVATE EQUITY GROUP, WORLD BANK), … http://www.abeldanger.net/2010/01/draft-45-preamble-for-constitutional.html#more



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