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

The way to look at this is the same as how one would look at any insider trading event. The reason I use insider trading is that there really isn't any MSM reason for this to be happening. The average Joe on the street has no clue that bankers are resigning en masse. It's not water cooler gossip. But it is like seeing trades in the market ahead of "news".

It's obvious that something is alerting bank executives that it is time to move on. It's sort of a run on the bank--but the kind of run that banks fear most (at least from a trading perspective) -- the game is drying up.

A bank has no real assets other than its staff and the ability to generate profit via trades -- from simple loans to buckets of derivatives. It doesn't matter to the bank where the flow comes from, as long as they are maximizing the pipe that flows best. In the past number of years, that pipe has been mortgages, mortgage-backed vehicles, derivatives and most recently, borrowing money from the Fed and selling it back as a 100% risk-free arbitrage.

The mortgage fiasco (which is still playing out and has a commercial property component that hasn't officially popped yet) has been treated with the collapse and bailout of a few players. But they haven't really suffered. The game has changed however and the mortgage tap has been pinched to a trickle.

Banking as we know it is changing.

Any time you have a broker or a middle-man, it is a sign that the market is inefficient or is being controlled via regulation--for better or worse. The broker (bank) has historically been the mediator between people, their money and opportunities to parlay. But during the last twenty years the broker (bank) has been privy to opportunities to create instruments that they can sell and trade that took banking out of the deposit arena and into the Wall Street casino. Big profits while it works, head for the hills when the music stops.

The music has been skipping for awhile now and in broker industries (realtors, aircraft parts, food, etc) when the game changes through a change in information flow or market shifts, brokers are the first to recognize that things aren't what they were and will look for the next opportunity.

Now there very well might be a legal wind that's blowing and the top tier is getting scared. The people who should be afraid are the ones that will be filling the shoes. The lawsuit threat could be the catalyst and these new hires would most likely have to stand the heat from whatever tsunami is on the horizon.

I'm all for conspiracies but this to me looks like an industry in a major down trend and the future in it looks bleak to those who made a living off it. These guys know financials and trends and can see what lays ahead for them. There's an opportunity to get on a lifeboat and it doesn't take many to start an exodus.

The cracks are starting to show for sure and it does indeed look like the thing is about to Jenga. That, to me, is the most likely reason for all of the resignations.

reply to post by elmoastro


A good and balanced post elmoastro!

Leaves me asking myself, I wonder what they think, they know, thats sending them running. Total collapse with citzens seeking blood, or just an old fashioned downturn in the industry (do they have those in banking?)

Firstly, thanx op. I have been following you threads with great intrest. I think option#4 is the situation we are in, as described by an earlier post, But i would like to add my own take. I think the tptb can implode the system whenever they like.They will not cull the masses until their technologies are sufficiently develpoed. there is an obvious implosion on the horizon for western countries, they have been dangling this in front of our faces for some time now, and it does seem(the mass resignations) that they are throwing some gears in motion to begin the next stage of their conquest.
Just a thought: maybe they don't plan on going for one big shtf event, but plan on using a series of events and partial recoveries to accomplish their objectives. they are sure fond of incrementilism.

reply to post by bluemirage5


More than 270 in the banking sector only, according to American Kabuki's list. When I made this thread yesterday we were at 254. Of course, we probably miss some public resignations, and I'm sure there are behind-the-scene action as well!

Now you can add all the resignations from the corporate and political scene, which I didn't really include last week. Anyways, the total is...well...massive ehe

Originally posted by quedup

Originally posted by questforevidence
I have three simple questions:

1 - Is this resignation behavior normal? I understand that people have to retire sometime in their life, but is this a deviation/normal?

2 - What are these people going to do once they resign? They've got plenty of money and friends. I don't think they'll decide to fill up some retirement community in Florida for the rest of their lives.

3- Probably the most important question: Why are they resigning? Is this part of some massive unspoken regime change? Are we going to see a bunch of dictator-like people stepping in for them? Are they resigning because of an as of yet unforeseeable catastrophic event?

No.3 Is the six billion dollar question but I'd keep an eye on them Bunkers if I were you. The Dominoes are beginning to tumble.

$6 billion just ain't that much money any more in banking circles. More like the $6 trillion question

I was watching an old episode of "Dallas" the other day, and JR Ewing was getting grief for organizing a "ridiculously high" $1 billion oil deal. Wow, how times change. Southfork Ranch doesn't even look that large anymore.

There are two theories that I think are the most valid:

reply to post by Gab1159



4? If I had plenty of money and influence and I was aware that a global disaster was imminent , I would make damned sure I invested in a secret space program to get me off this rock before TSHTF. You the slaves would be too busy gloating about us greedy bastards, doing a runner to avoid accountability for the financial meltdown to notice our vanishing.

Just a thought

My take on this in not that TPTB are running scared. I'm thinking the exact opposite.

TPTB are forcing resignations so that they can move their own people into place. Don't look at who's resigning for the conspiracy, look at who's replacing them.

Originally posted by LordOfArcadia
I have been reading these posts with great interest, as they seem to offer an objective measure that "something" is going down and TPTB know it. However, there is the nagging doubt in the back of my mind that maybe there isn't a rise in the number of resignations, but that it merely appears to be because we are looking for them.

In an effort to come up with some kind of measuring stick, I logged into the EBSCOhost Business Premier Database (public libraries are awesome), which indexes articles from international, national and regional business publications. From there I did a simple boolean search for the word "Resigns" (which will also return results that contain the word "resign") and had the results broken down by year. Obviously, this is not perfect, but it gave me more of a gauge than I had before.

Here are the results.

2001 - 432
2002 - 497
2003 - 562
2004 - 625
2005 - 709
2006 - 800
2007 - 591
2008 - 546
2009 - 472
2010 - 341
2011 - 374

Interestingly, a search from Jan 1, 2012 to present, only gives a result of 42.

I am not going to offer an interpretation of the above data, primarily because it is a flawed data set, but felt that readers might find it interesting.

Edit: Here is a graph I worked up showing the data plotted.

edit on 12-3-2012 by LordOfArcadia because: Wanted to include graph showing the data.

I would put your post in the OP if I could do so, thanks very much for this quick research. As you say, it is obvious these data aren't complete, but they offer a great insight. I don't know how to interpret these, but it may look like we could break a record IF and only if the trend continues.

Now, are these only business news and publications, or do they have data on banking and political actions?

Originally posted by ChristianJihad

There are two theories that I think are the most valid:

reply to post by Gab1159

 

4? If I had plenty of money and influence and I was aware that a global disaster was imminent , I would make damned sure I invested in a secret space program to get me off this rock before TSHTF. You the slaves would be too busy gloating about us greedy bastards, doing a runner to avoid accountability for the financial meltdown to notice our vanishing.

Just a thought

You've been watching too many Hollywood movies.

reply to post by awakendhybrid


Good luck with that one, you are going to be labeled as a loyal member of the tin foil hat society. When this hits, most people are not going to know what hit them. Most people have no preparations for this type of economic event.

At first while people still have food at home are going to sit there waiting for the government to say something, to tell them it is ok. When the government fails to solve anything (give it a couple days) and when there is no longer any food at the supermarkets, expect massive chaos.

Myself, I plan on taking those few days and getting the hell out of dodge to my safe location.


The writing has been on visible for years now, if people were too close minded to see it, then tough.

Originally posted by geobro
nice find well researched makes you wonder wtf is going on rumours of arrests etc . foundation x on you tube? when you realise that the banking sector in the uk city of london is not part of the uk the city of westminster is the real area of the peoples administration .i remember reading somewhere years ago that we are going to wake up one day to find that tptb have vanished to leave us plebs to our fate .makes ou wonder eh star to you

So where would TPTB have gone in your opinion?
To Nibiru?

Originally posted by elmoastro


The mortgage fiasco (which is still playing out and has a commercial property component that hasn't officially popped yet) has been treated with the collapse and bailout of a few players. But they haven't really suffered. The game has changed however and the mortgage tap has been pinched to a trickle.



Now there very well might be a legal wind that's blowing and the top tier is getting scared. The people who should be afraid are the ones that will be filling the shoes. The lawsuit threat could be the catalyst and these new hires would most likely have to stand the heat from whatever tsunami is on the horizon.

Made me think of something. Wouldn't it be funny if half of the US mortgage backed securities were never secure. POP.

Guess this deserves a proper update...

CME (COMEX) Group CEO to retire at end of 2012

Wow. This has to be one of the biggest resignation yet! He will resign later this year.

Here is Bix Weir's opinion on this resignation:

From Bix Weir:

News just out that Craig Donohue, the CEO of the CME (COMEX) has just retired at the ripe old age of 49!

What do you want to bet that he doesn't make it to December?!

For those who don't know who this criminal is... he oversaw and orchestrated with the Banksters all the "take downs" of the silver market this decade. Here's a Friday Road Trip (Private Road members) from last June where I exposed him...

The CEO of the CME Let's the CAT OUT OF THE BAG on Silver Manipulation

Count this as another piece of evidence that we are WINNING our battle against the "Bad Guys" and that we will FINALLY discover the true Fair Market Value of silver...THIS YEAR! To Mr. Donohue: Good Luck in retirement...and GOOD RIDDANCE! May the Road you choose...lead directly to JAIL!

Bix Weir
www.RoadtoRoota.com

He seems to think this is a sign the good guys are winning. One thing does look clear here though, is that it does not look like a consolidation of power like some people have suggested. This guy is one of those who stole billions and billions by manipulating the silver market. If it was a consolidation of power, I would expect people like him to take the reigns...but now he's retiring (he's only 49)

reply to post by Gab1159


Gab1159,
Thanks for sharing! I was a part of the last bandwagon when I read the post of the immense amounts of resignations world wide. And for you to follow up with more information makes me wonder. What in the world is really going on? SHTF? Literally.. And with the ongoing lawsuits and what nots, will they ever really be indicted? Will these men ever really be in trouble for the millions and trillions of misused dollar? Or are the same men prosecuting them bad as well? Hmm.. I guess we will find out. All I know and take from this, is some one is up to something and knows a whole lot about a bunch of big people. So they are stepping down. I just would like to know, what is really going on. But wouldn't we all.
Thanks for sharing gab! You are on top of things!

reply to post by Gab1159


I believe I have came up with a much better method for determining if we are seeing an actual uptick in resignations. Unfortunately, I will not be able to do the research until tomorrow.

I case I disappear the key will be the Security and Exchange Commissions EDGAR database. The resignation of a board member from any publicly traded company must be reported on Item 5.02 on form 8-K. You can also search by form and by date reported.

Originally posted by LordOfArcadia
reply to post by Gab1159

 

I believe I have came up with a much better method for determining if we are seeing an actual uptick in resignations. Unfortunately, I will not be able to do the research until tomorrow.

I case I disappear

the key will be the Security and Exchange Commissions EDGAR database. The resignation of a board member from any publicly traded company must be reported on Item 5.02 on form 8-K. You can also search by form and by date reported.

Good idea. I'm looking forward to see your post, I don't really have the time right now to check by myself! Thanks for participating in this thread, this is the very reason I'm making these

Benjamin Fulford just put up a new post. Someone make a thread D:

Good riddance let em hang i say however i remain skeptical as to where this is really going?

Perhaps they heed our warning? Is this cancer devouring itself from within?

We shall see

Originally posted by HazyChestNutz
Benjamin Fulford just put up a new post. Someone make a thread D:

Yep, just read it. I think it might be his most optimistic update I've ever seen! It's all very speculative but it talks of real action that might happen within the next days.

I can't wait to see the announcement tomorrow by Anonymous, White Dragon Society and Gnostic Illuminati (whoever they may be, never really got the gist of it). It's supposed to be a video message that will be posted by Anonymous. The public have already embraced the idea of Anonymous, they are generally well perceived and have their own "credibility". If they announce something with the WDS and the gnostics, it could be a great strike. Just look at how fast the Kony2012 video has spread. Just look at how fast Anonymous videos are spread online. It has potential.

Here's the link to Benjamin Fulford full report!

There will be an announcement, aired live on March 13th on the internet, by the hacker group anonymous, the gnostic Illuminati faction and the White Dragon Society. If this announcement is not heeded, there will be revolution

reply to post by Gab1159


someone are taking their place, reptilians lol no.. maybe they don't need so many "slaves" under the order.

the coming "one world government" don't need them i guess.

my 2 nanu nanu