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Originally posted by maythetruthbeknown
My question is; Do you think this is a warning from the CIA or other 3 letter agencies to the Swiss not to pursue the case, or am I just looking too deeply into this??
Let me Know what you think. Regards
Italy’s finance police seized 22 million euros ($29 million) from six lenders including Bank of America Corp. amid allegations of fraud in a probe focusing on the sale of derivatives to five municipalities in central Italy.
Police said they took 15 million euros from Bank of America, and 1.7 million euros each from Deutsche Bank AG and UBS AG, according to an e-mailed statement. The remainder was seized from Natixis SA, Dexia Crediop SpA and Banca Monte Paschi di Siena SpA.
The amount represents the alleged illicit profit the banks made from selling derivatives to the city of Florence, the region of Tuscany and three other municipalities in the region, the police said. The local governments have lost about 123 million euros on the swaps that adjusted payments on 1.4 billion euros of debt, the police said.
Originally posted by ladyinwaiting
Good Lord, the terrorists have been reporting for weeks now that they are gearing up for the holidays.
Originally posted by Crakeur
the Chilean Embassy was hit shortly after the Swiss Embassy.
The President of the Italian Chamber of Deputies, Gianfranco Fini, has been given evidence that Prime Minister Silvio Berlusconi was involved in a $1 trillion theft and Fini promises he will bring this up in the Italian parliament, according to senior Italian sources. Fini is the leader of a group of parliamentarians who lost a December 15th attempt to oust Berlusconi by 3 votes. The evidence presented to Fini involves an attempt by Berlusconi to cash $1 trillion in Dragon Family bonds that were illegally seized by Italian Financial police in June of 2009. According to the evidence Berlusconi and his allies also tried to buy the Banco Commerciale in Lugano, Switzerland in order to use it as a depository for stolen assets, the sources say. The purpose was to place the funds in private financial trade transactions in order to generate trillions of dollars without either the Italian government or the governments of the world being aware, the sources claim.
Fini’s involvement is expected to put a public spotlight on exactly what happened after June, 2009 when two Japanese carrying diplomatic passports were detained and had $134.5 billion in financial instruments (with cumulative interest of over $1 trillion) they held seized by Italian financial police acting on behalf of the P2 Freemason lodge, the sources claim. The trail is expected to lead to ultimately to the Vatican, the sources say
Originally posted by wcitizen
Interesting, it this is accurate, this is one more huge fraud investigation going on connected to Italy and Switzerlend..
Originally posted by boondock-saint
Originally posted by wcitizen
Interesting, it this is accurate, this is one more huge fraud investigation going on connected to Italy and Switzerlend..
it's not just Italians and Swiss,
there are others like China, Germany, France,
Greece and a litany of smaller South American
nations involved with this derivatives fraud investigation in
multiple banks. Eventually, this is all gonna
blow up in the CIA's face (no pun intended).
In today's world of digital transactions,
you cannot hide funds without them being
traced to the criminals. This investigation
from multiple countries could lead to the collapse
of the fractional system of banking AND
the collapse of the CIA at the same time.
edit on 12/23/2010 by boondock-saint because: (no reason given)