Massive Wave Of Resignations (Part VI): Important Resignations This Week

Hello once again ATS,

There have been a couple of interesting development since I last posted my last thread, and I feel it deserves a particular attention.

Before we start, if you are still new to this situation, I urge you to visit these links:

Massive Wave Of Resignation From Top Level Bankers. The Elite Are Loosing Their Grip or/and SHTF (Part I)

Massive Wave Of Resignations (Part II): More Fuel To The Fire, Arrests And Forced Resignations In Full Effect

Massive Wave Of Resignation (Part III): Momentum Building Up, Eleven Bankers Resign Today (Feb 27th)

Massive Wave Of Resignation (Part IV): It's Not Slowing Down!

Massive Wave Of Resignation (Part V): The New Bandwagon

List of resignations in the financial/banking sector, compiled by American Kabuki

List of resignations from the corporate and political sector, compiled by an anonymous Facebook user

LordOfAcadia's Thread: EDGAR database research on resignations

I also want to thank the blog American Kabuki for all the research he has done. The owner of the blog has stated yesterday he won't be updating his massive list anymore. You have done a great job pushing this awareness into the web.

Now what's new?

We've all heard about the Goldman Sachs top executive who has resigned and published a "shocking" editorial against the bank and the banking system in general.

Over the course of my career I have had the privilege of advising two of the largest hedge funds on the planet, five of the largest asset managers in the United States, and three of the most prominent sovereign wealth funds in the Middle East and Asia. My clients have a total asset base of more than a trillion dollars. I have always taken a lot of pride in advising my clients to do what I believe is right for them, even if it means less money for the firm. This view is becoming increasingly unpopular at Goldman Sachs. Another sign that it was time to leave.

This story has gone viral on the web, and it was quickly picked by the mainstream media. The editorial has delivered a real blow to the bank. In fact, Goldman Sachs has lost 2.7B, or 3.4% the day after the editorial was published. This would be the third most drastic lost of the bank since it has been created. Way to give credibility to the big banks eh?

What does this resignation mean? That one is puzzling. This guy looks honest and true to his values. This may be smoke and mirrors, but it does look like this guy is leaving only because he can't stand the corruption of the bank anymore. Some people have been talking about a consolidation of power from the elite, that the people resigning could be the good guys. Well, here's one, though this is not a forced resignation, but a fully voluntary one.

Now for a really big resignation...

Craig Donohue, CEO of CME, has announced he will be resigning at the end of the year. Although he will be resigning once his contract expires (bonuses), he has been working for CME for 23 years and is planning on completely leaving the company for "undisclosed reasons" (pursuing other opportunities).

Interesting enough, this comes a day before CME announced they won't be treating derivatives anymore. This is a giant move from the company because CME was one of the biggest organization that was treating derivatives (in other words, legal money laundering for financial criminals). Derivatives aren't really my forte so I won't go further. However, I'll be quoting the website Road To Roota on this situation:

Did you catch that the removal of the status was "AT THE REQUEST OF THE CME"? There is a RAGING wildfire behind the scenes as the entire $50,000,000,000,000 Credit Default Swap market is imploding due to the Greek default. The losses will come fast and furious once the auction is held on March 19th. The ISDA's 2009 "Big-Bang Protocol" will be put to the test next week.

Source: Road To Roota

What does it mean? I don't know, but this definitely classifies as a major resignation. CME is the biggest financial regulation organization in North America (arguably, the biggest of the world), and it has a major role in the financial world. We're talking about a big player here.

Next

This one is a very interesting one. DONG's CEO has resigned from his post for undisclosed reasons (pursuing other opportunities...again). Strangely enough, the energy company has been told they will be investigated on suspicions of questionable executive decisions. It does look like this man is running away from investigation, another theory that is popular.

Other noteworthy resignations:

Rowan Williams resigns as archbishop of Canterbury

The archbishop of Canterbury, Dr Rowan Williams, is to resign and return to academia as master of Magdalene College, Cambridge. Williams, 61, will leave at the end of December in time to start his new role next January.

DARPA Director Who Gave Contracts to Own Company Finally Resigns

This would be another example of corrupted official resigning their post. I would suggest you to read the whole article.

The first woman to lead the Defense Advanced Research Projects Agency (DARPA) is headed to the private sector, leaving behind accusations that she enriched her company while running the agency. DARPA funds projects that explore the cutting edge of technology as they relate to national security.

Regina Dugan, who was appointed three years ago to run DARPA, will be moving to Google. A defense spokesperson said her departure had nothing to do with the ongoing probe by the Pentagon’s inspector general.

The Defense Department Inspector General is looking into hundreds of thousands of dollars in contracts that DARPA gave out to RedX Defense, a bomb-detection firm that Dugan co-founded, and still partially owns.

3/14/12 (ZAMBIA) Former Zambia president Rupiah Banda quits party leadership to fully retire

Zambia former President Rupiah Banda has stepped down as his Movement for Multi-party Democracy (MMD) party leader. The move is seen as Mr Banda's strategy to “save his benefits government has been threatening to withhold”.

3/12/12 (USA) FBI executive assistand director Shawn Henry steps down

FBI executive assistant director Shawn Henry, who had taken on a higher profile in the bureau in more recent times, has decided to retire, Jason Ryan of ABC News reports. Ryan reports that Henry will step down after 24 years of service

3/11/12 (GREECE) Greek socialist leader George Papandreou steps down

Greek socialist leader George Papandreou on Saturday formally stepped down to let his struggling party elect a successor in time for a snap election expected next month. "The time has come for me to wage my battles from other ramparts," said Papandreou, who resigned as prime minister in November to pave the way for a coalition government to steer the country away from default.

3/14/12 (USA) Zodiak USA (media company) chief executive Grant Mansfield quits

Zodiak USA chief executive Grant Mansfield is leaving the company after just over two years.

3/12/12 (AFRICA) Chairman resigns at Africa Medical Investments

African Medical Investments, the AIM listed company operating in the African healthcare sector, has announced that its Chairman, Phil Edmonds, has stepped down with immediate effect to concentrate on his other business interests.

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I would, once again, suggest everybody to visit the links I posted at the top of the OP, especially this one.

Then I had an idea. The Securities Exchange Act of 1934 requires that publicly traded companies must report to the SEC whenever a member of the Board or certain officers resign. Also, the SEC has a database named EDGAR that is open to the public. After a little research, I discovered that corporations must report said resignations on Form 8-K, Item 5.02. From there, it was a simple matter of searching only Form 8-Ks within a specific range of dates, and including the boolean search terms "Resigns" and "Resignation".

I would like to include this video as well, which presents a point of view that I have been considering for sometime. I do see this video as an opinion video, not an informative one.



Thank you, I don't know if I'll do other updates, My goal was to push this awareness and knowledge that there was movement in the business/financial sector. A lot of people are talking about that now, I don't think it's a secret anymore.

Of course, if major resignations do occur in the coming days, I'll bring them together and make another update. Once again, I would like to thank American Kabuki, the anonymous Facebook page owner, LordOfAcadia, and everyone who has contributed to one of the most interesting investigation I have done for months. I feel we are on to something, let's keep our eyes open!

reply to post by Gab1159


Thanks for keeping us updated! I for one has been following all the past threads and I would also like to believe that we are experiencing a clean out of the bad people so that humanity can get back up from their knees and live fully and free. We can live in abundance but we don't something is obviously wrong with the world, Being controlled for gains for a few, It's quite disturbing. I know change is coming though, These people can't hide in the shadows anymore.

Hector Sants quits FSA (Financial Services Authority UK)

Hector Sants, the Financial Services Authority chief executive who had been expected to head a new banking supervisory body, is to quit the regulator in June. His exit is the latest in a number of senior departures and a severe blow to the planned new regulatory regime.

The former Credit Suisse First Boston banker is leaving after five years as chief executive of the FSA, before it is split into two new bodies in March or April next year. Margaret Cole, who had been the FSA's managing director of business conduct, also left recently.

reply to post by ukWolf

There's no question that something is going on. Some people are working behind the scenes, and I'm convinced of that now, although the resignations might well be from the ones who are running scared or superfluous in the next stage of the one-world central bank and world slavery.

Thanks for presenting all this evidence to us. One thread was fine, two were eyebrow-raising, until now it's so massive that no one can possibly ignore it. I think you've done us a very great service OP and I hope ATS has given you lots of applause.

Yep, I heard about the Archbishop of Canterbury and wanted to add it to this list but you have it going on. He stated that his replacement would need to have "the constitution of an ox."

Maybe a system similar to this has traced all these guys trying to crush the system, and were sent a terse email to get lost or get arrested. It would take a supercomputer to connect all the dots...

www.abovetopsecret.com...

reply to post by Gab1159


I'm trying every now and then to put myself in the shoes of the wealthiest people, and try to understand where THEY are coming from, and for my humble perspective I doubt the whole conflict/revolution going on are about rich vs. poor, or good vs. bad, I think these people that now in control perhaps they became powerful by evil ways from our perspective, but is it just our human mentality so far to think about ourselves and our own well being first? I mean, as sad as it may sound but if a war breaks down, we won't see that many people sacrificing themselves to save a few other lives. There aren't many people who have really saved another breathing living organism from imminent death.

I'm slightly going off topic here but I doubt there's THEM for US to blame, we were all being educated in our western culture for individualism and to think for ourselves, and separating that 'me' from 'the rest'. You and me could have been those rich guys who don't think about others, and even if we're starting to realize the damage we have done over the course of the years by our actions, it is not easy at the least to change ourselves that radically and quick while still being in a surrounding that has being raised by our current values system.

Perhaps that is why we are seeing all these mass resignations, it could be others that have realized the damage they are causing to many others by them as well, and decided that they no longer want to take part in it.

Thanks for the update, S&F

reply to post by Gab1159


Place your bets people.

I say 3 months tops for the global debt forgiveness/financial reset to occur.

reply to post by Gab1159


Unbelievable series of threads Gab. I've read every page of all your threads from the very beginning. What an education I've gotten. Thanks to your time and energy I feel like I've gotten an additional college degree in the machinations of the financial world.

My husband and I stepped away from the "real world" over 16 years ago. We've spent those years tucked away in the Blue Ridge perfecting our "off the grid" lifestyle - raising organic vegetables, canning and preserving and getting ready for the times that we're in now. I don't think large cities will be the place to be when this all comes tumbling down.

What I've seen lately is that city people from all over the country are showing up here now - buying acreage and just beginnng to do what we've been working on for over a decade and a half. I would advise my ATS friends if at all possible to find an area where you can fish, hunt, grow your own food, drink water from gravity directed natural springs and get away from the masses of population. Whatever is going on - it's only going to get more interesting from here!

There isn't going to be any global debt forgiveness....perhaps the big players will be forgiven, but us small fishes will be thrown into the fat fryer.

reply to post by Gab1159


Now if some will write and post on Insider trading done in Washington, DC by OUR local congressman, the millions they will pocket while we can't find work it will be a real fine eye-opener

These "Resignation" threads just go to show that people resign from their jobs all the time. And these threads came up in 2009, 2010, 2011 and probably before. Yes, people change jobs. Shocker.

Disregard the post prior to this one, it's apparent he has not been following this story.

Obviously, there is a mass exodus from the financial and banking elite.

Based on this and other sources, it feels to me that an ultimatum was issued, or the writing was clearly on the wall for massive changes to the structure of our banking system.

On a logical note, when the top 5 global, multinational banks are 'trading' 156 Trillion dollars and there is, in reality, only 56 Trillion dollars on the entire planet, something is going to happen.

When Greece defaulted, they started a chain reaction. No huge Multinational can tell where the real money ends and the fiat money begins. Therefore, like the cowardly and greedy dogs they are, the CEO's and COO's and the rest take the train to avoid cleaning up the Global mess they made.

This is not business as usual, unless your business is Financial Apocalypse.

Originally posted by Logman
These "Resignation" threads just go to show that people resign from their jobs all the time. And these threads came up in 2009, 2010, 2011 and probably before. Yes, people change jobs. Shocker.

WoW!! You really don't like to read do you?
Either that or you are just a flat out denial mode.
the OP even presented a nice little picture for people like you.
It shows the average # of resignations going back to 08'.
Did you bother to look at the picture?

You are proof that some people ARE going to believe what they want/need to believe in order to feel the way they want to feel.

Does this scare you?
Does it make you feel warm and fuzzy to believe that nothing is going on?
Is this challenging your worldview?

What gives man?

You obviously refuse to see what's right in front of your face.
Give an explination as to why you are able to overlook all of this evidence so everyone can see
what kind of mentality we are dealing with so we know how to treat you in the next thread we find you in.

I have to say that though I have been keeping an eye on these threads I have been relatively sceptical until recently. At first it did just look like a few more resignations than normal, but now its seems to be a tsunami of resignations. I have mentioned it before, but I really do think this might have something to do with the almighty CDS shockwave that is about to hit.

reply to post by Gab1159


I'm just tossing this out there--as much as I have followed these threads wi great interest and tried to get background/résumés on some of these individuals- who is to say that they aren't going to move around on the chessboard?

Another point is like to add, and it may not be the least bit related (could also be the center): if the Vatican is getting for money laundering with 68 countries (sixty-eight!!) www.usatoday.com...

The Catholic church has been doing business, not all legal, for centuries. Who is to say that these global resignations are not a huge international financial scam perpatrated on the sheeple we have all been since before the U.S. was born. Within 2-3 years all these folks would have disappeared with all our gold backed monies and left us with diaphines debt that only exists electronically.

I'm pretty sure that's enough to start a ball rolling...

Originally posted by Logman
These "Resignation" threads just go to show that people resign from their jobs all the time. And these threads came up in 2009, 2010, 2011 and probably before. Yes, people change jobs. Shocker.

right.
Though it is quite obvious that the OP tries to stretch a picture IMO.
What the heck do four threads about this mean..

Disinfo?

Originally posted by Logman
These "Resignation" threads just go to show that people resign from their jobs all the time. And these threads came up in 2009, 2010, 2011 and probably before. Yes, people change jobs. Shocker.

So, this year is no different than any of the others?


(scroll right)

I see differently...

Originally posted by SilentKoala

Originally posted by Logman
These "Resignation" threads just go to show that people resign from their jobs all the time. And these threads came up in 2009, 2010, 2011 and probably before. Yes, people change jobs. Shocker.

So, this year is no different than any of the others?


(scroll right)

I see differently...

This graphic is interesting, but if you read the thread in which it has been posted (LordOfAcadia's), you will see that these results might be slightly innacurate, though they give us a pretty good idea that there's at least an increase in resignations.