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Originally posted by xuenchen
Here's something that may indicate something is going on in Iceland.
There is mention of Rothschild banking advisers.
Originally posted by nightbringr
Originally posted by onecraftydude
So a lender can lend a person money they don't qualify for and not be responsible when the person defaults. Along the way to default the bank increases the interest rate and the mortgagee can never pay down the principal. That system should be illegal. Our government is held by just such a situation. The FED has raised the interest rate on us so we never pay on the principal. How in the world is that considered ok?
And anyone who is too stupid to realize they cannot afford a $200,000 Porsche when they only made $24,000 dollars a year should have to pay when they default on their loan. No one put a gun to their head to make them buy it when a Civic would have worked.
edit on 21-6-2012 by nightbringr because: (no reason given)
Originally posted by mbkennel
Originally posted by SimonPeter
reply to post by nightbringr
You evidently are at a loss ! If you research the Rothschilds from the time they were the Bauer 's you would be apprised of the , no , your situation along with the rest of us . Research < The Rothschilds Timelines> There are a lot of people who know about the dreams of Mayer Amschel Bauer of world domination but don't know that the Bible tells of it around 2,000 years earlier as well as the Mark of the Beast that could only be implemented throughout the world with the advent of the world wide web .
In other words, It's All The Jews Fault, Kill Them!
People who believe that can go cheney themselves.
'
edit on 21-6-2012 by mbkennel because: (no reason given)edit on 21-6-2012 by mbkennel because: (no reason given)
Originally posted by mbkennel
Originally posted by xuenchen
Here's something that may indicate something is going on in Iceland.
There is mention of Rothschild banking advisers.
Indeed, a bank is part of a transaction between a buyer and seller of a frozen food company, which happens to be named "Iceland".
This is as unusual as water being wet.
The remaining 10% of Iceland is owned by Glitnir, a smaller failed Icelandic bank
Rothschild banker goes to BarCap
Posted by Gwen Robinson on Sep 08 04:24. 2 comments .
Barclays Capital has hired NM Rothschild & Sons’s global co-head of financial institutions, Stefano Marsaglia, as chairman of its world-wide financial-institutions group, a signal of the investment bank’s global ambitions, reports the WSJ. Marsaglia was at Rothschild for 17 years, and will help expand BarCap’s growing advisory business. He is one of the most senior investment bankers to join BarCap since its acquisition of Lehman Brothers’ North America operations a year ago.
Iceland’s Landsbanki frontrunner for Bridgewell
Posted by Gwen Robinson on Apr 17 05:28. Comment .
Landsbanki, the Icelandic bank, has emerged as a frontrunner in the race to acquire Bridgewell, the UK mid-market stockbroker. Jim Renwick, chief executive, and Darren Ellis, chief operations officer, on Monday flew to Iceland to meet their potential Icelandic suitors, according to sources familiar with the matter. The broker announced last month it was considering bid approaches after recording a sharp fall in underlying profits from £3.4m to £1m. It is understood the short list of bidders will be cut this week from 12 to two or three. Other – mainly non-UK – prospective bidders are thought to include Toronto-based Canaccord Capital and Rabobank, the Dutch co-operative. NM Rothschild is running Bridgewell’s sale.
The 2008–2012 Icelandic financial crisis is a major economic and political crisis in Iceland that involved the collapse of all three of the country's major commercial banks following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland’s banking collapse is the largest suffered by any country in economic history.[1]
In late September 2008, it was announced that the Glitnir bank would be nationalised. The following week, control of Landsbanki and Glitnir was handed over to receivers appointed by the Financial Supervisory Authority (FME). Soon after that, the same organization placed Iceland's largest bank, Kaupthing, into receivership as well. Commenting on the need for emergency measures, Prime Minister Geir Haarde said on 6 October, "There [was] a very real danger ... that the Icelandic economy, in the worst case, could be sucked with the banks into the whirlpool and the result could have been national bankruptcy."[2] He also stated that the actions taken by the government had ensured that the Icelandic state would not actually go bankrupt.[3] At the end of the second quarter 2008, Iceland's external debt was 9.553 trillion Icelandic krónur (€50 billion), more than 80% of which was held by the banking sector.[4] This value compares with Iceland's 2007 gross domestic product of 1.293 trillion krónur (€8.5 billion).[5] The assets of the three banks taken under the control of the FME totaled 14.437 trillion krónur at the end of the second quarter 2008.
2008–2012 Icelandic financial crisis
Kaupthing Bank (Icelandic: Kaupþing banki) was an international Icelandic bank, headquartered in Reykjavík, Iceland. It was formed by the merger of Kaupthing and Búnaðarbanki Íslands in 2003 and was the largest bank in Iceland.
Kaupthing Bank previously operated in thirteen countries; including all the Nordic countries, the Netherlands, Belgium, Luxembourg, Switzerland, the United Kingdom and the United States. It is the seventh largest bank in the Nordic countries in terms of market capitalization.
Kaupthing Bank
Originally posted by xuenchen
Why hasn't #Occupy pushed this ???
it's right up their alley.
and it's genuine for a change.
Originally posted by zarp3333
They know what's coming. They've tried everything to keep themselves above us so we cower in fear of their imaginary boogie men. God help the fools that wake up the sleeping giant known as the American electorate. Hell knows no fury such as the millions of inmates held in our prisons once they realize the entire system was designed to make sure they fail. From the gangster rap videos to the "working mothers" movement to the pornographic sludge at every convenience store to the US Department of Education. Fail Fail Fail.
Now it's their turn to face the jury.
Originally posted by RSF77
And thank you Iceland, show us how its done.
Though I think America has a much bigger hurdle to jump, one that probably won't be jumped peacefully.