McConnell claims Thomson Reuters has ordered Miriam Clegg to sabotage the Dechert defense of Libor banker Barclays and decoy public attention from leases, allegedly arranged for WTC#7 by Thomson Reuters trustee John McArthur and his Harvard protégés Romney and Obama.
Prequel 1:
Marine Links Romney’s Leveraged Libor Buyouts to Cayman Tax and Sidley Trap
Prequel 2:
McConnell Links Romney and Bank of America To Fire Bombing Over Building 7 Bridge
“Capturing 9/11: Stories from Reuters videographers”
“Celebrities remember 9/11 [The whole illusion of Hollywood .. 0.41!!!!!]”
“The Red Wallet [Link to Cantor Fitzgerald erstwhile operator of Libor and competitor to Thomson Reuters]”
“The SEC has not quantified the number of active cases in which substantial files were destroyed [by the collapse of WTC 7]. Reuters news service and the Los Angeles Times published reports estimating them at 3,000 to 4,000. They include the agency's major inquiry into the manner in which [Libor] investment banks divvied up hot shares of initial public offerings during the high-tech boom. ..."Ongoing investigations at the New York SEC will be dramatically affected because so much of their work is paper-intensive," said Max Berger of New York's Bernstein Litowitz Berger & Grossmann. "This is a disaster for these cases." [New York Lawyer] Citigroup says some information that the committee is seeking [about WorldCom] was destroyed in the Sept. 11 terror attack on the World Trade Center. Salomon had offices in 7 World Trade Center, one of the buildings that collapsed in the aftermath of the attack. The bank says that back-up tapes of corporate emails from September 1998 through December 2000 were stored at the building and destroyed in the attack. [TheStreet] Inside [WTC 7 was] the US Secret Service's largest field office with more than 200 employees. ..."All the evidence that we stored at 7 World Trade, in all our cases, went down with the building," according to US Secret Service Special Agent David Curran. [TechTV]”“By Steve Slater and Aruna Viswanatha (Reuters) - Barclays' embattled former chief executive Bob Diamond is being represented by top white-collar defense lawyer Andrew Levander in a widening scandal over the manipulation of benchmark interest rates, people familiar with the matter said. More than a dozen current and former employees of several large banks under investigation have hired defense lawyers over the past year, but Levander's role is one of the most high-profile. Levander, a partner at the law firm Dechert LLP, is one of the biggest names in the defense bar in the United States. He is currently also representing former New Jersey governor Jon Corzine in investigations into the collapse of the failed commodities brokerage he ran, MF Global. Levander, who is known for his trademark bow ties, had a prime seat by Corzine when the former CEO was grilled multiple times at congressional hearings in Washington late last year. He has also represented outside directors of Lehman Brothers Holdings Inc, former Merrill Lynch CEO John Thain and hedge-fund manager and philanthropist Ezra Merkin, who was sued over money lost in the Ponzi scheme run by Bernard Madoff. A person representing Diamond declined to comment. A spokesman for Barclays Plc (BARC.L) declined to comment. A spokeswoman for Dechert declined to comment. It is unclear when Diamond hired Levander and Dechert. [About the time Dechert hired Mrs. Clegg?!]”
“The recruitment of Nick Clegg's wife, Miriam Gonzalez Durantez, as head of EU affairs at a firm of American lawyers could embarrass the Lib Dem leader as much as it presents conflicts of interest for her, say critics. Ms Gonzalez has resigned as head of trade and government relations at lawyers DLA Piper to head Dechert's EU trade and EU government affairs practice. Eurosceptic political rivals to the Deputy Prime Minister say conflicts could arise from Mr Clegg's government work and his wife's new role. But he may also find her new firm's clients test his liberal credentials. Dechert acts for Lehman Brothers' independent directors and this month persuaded US courts to dismiss a class action against them over the bank's collapse. Last month it represented Google in which a class action by customers was dismissed. The firm is also involved in corporate deals, including this summer's £120m takeover of the Moonpig greeting cards company by PhotoBox; it is currently advising MWB. In the Bernard Madoff scandal, it acted for Ezra Merkin, an associate of the US financier behind the $65bn Ponzi scheme who was charged with civil fraud.”
“How to Manipulate Libor Rates 13 July 2012 Last updated at 08:20 E Libor scandal: Bankers discussed concerns in 2008 Bank of England governor Sir Mervyn King and then US bank official Timothy Geithner discussed their concerns about the Libor inter-bank rate system as early as 2008, documents show. Mr Geithner, then head of the New York Federal Reserve, called for changes to the rate-setting system. He said these should include procedures to prevent misreporting. The Bank of England said concerns were widespread at the time, but there was then no evidence of wrongdoing. Several banks are being investigated for allegedly manipulating Libor, the daily figure which reflects the amount that banks are charging to lend each other money and is the benchmark for millions of financial transactions. It stands for London Interbank Offered Rate and is made up of banks' own estimates of its borrowing costs. Barclays has agreed [been extorted by the erstwhile custodian of the U.S. DoJ Asset Foreto pay a fine of £290m ($450m) to UK and US authorities for giving inaccurate figures and trying to manipulate Libor rates, either for profit or to reduce concerns about its financial stress.] … He told MPs during his evidence session that he had personally rung the major banks at that time, urging them to take seriously the review of Libor that the British Bankers' Association - which runs the system [That’s a lie! Thomson Reuters runs the system and feeds insider information to crony, compromised and controlled politicians such as Romney and Obama] - was then carrying out.”
“Geithner pressed British regulators in 2008 on Libor (Reuters) - Treasury Secretary Timothy Geithner pressed the Bank of England in June 2008 to make changes in the way that Libor, a key interest rate benchmark, was set, according to documents obtained by Reuters [Huge conflict of interest! For the biggest dollar and euro Libor contracts, 16 banks including Bank of America, submit estimates of their own borrowing costs to Thompson Reuters which – allegedly aided and abetted or extorted by Romney and Obama associates – was then able to launch man-in-the-middle attacks on WTC Buttonwood’s Global Custodians banks in the World Trade Center during 9/11 and then subsequently create the Global Financial Crisis by pulling Libor lines of credit from extorted borrowers cf. Bear Stearns and Lehman Brothers]. Geithner, who was the head of the New York Federal Reserve Bank at the time, sent a private email to BoE Governor Mervyn King recommending six ways to enhance the credibility of the London interbank offered rate. More than a dozen banks are under investigation by authorities in Europe, Japan and the United States over suspected rigging of the global borrowing cost benchmark, which is used in contracts worth trillions of dollars globally. The June 1, 2008, email, first reported by the Washington Post, included a two-page memo dated May 27 of that year that suggested establishing best practices for calculating Libor, "including procedures designed to prevent accidental or deliberate misreporting." It recommended the British Bankers' Association require that auditors for banks reporting their borrowing costs for the calculation of Libor attest to the accuracy of their rates. London-based Barclays is the only bank so far to admit any wrongdoing in giving false information as part of the complex process of setting Libor, in order to influence the pricing of derivatives and also to rebut speculation about the weakness of its balance sheet during the financial crisis. Barclays agreed to pay fines of $453 million in a settlement with U.S. and British officials. Libor is used for $550 trillion of interest rate derivatives contracts, and influences rates from mortgages to student loans to credit cards.”
More to follow.
Presidential Mandate
Abel Danger
Great post, very informative. I think a lot of people will find this very useful.Keep post in coming future as well!!!
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