Tag Archives: Brian Sack

Bix Weir ~ Special Alert: Chaos At The Fed New York

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Road To Roota | June 29 2012

We are starting to see signs that there is massive chaos at the HUB of market rigging operations- the New York Federal Reserve. With the looming Fed audit vote in mid July, the Fed’s ability to pull rabbits out of their hat to control the US Dollar is wobbling. With the dollar showing signs of instability (an instantaneous .50 drop last night and down 1.22 since yesterday) the Fed is helpless to continue their support operation.

With this in the background it was announced today that the Chief Market Rigger, Brian Sack, who was supposed to retire today is withdrawing his retirement…

Sack Withdraws Resignation, to Remain at NY Fed

www.nytimes.com/reuters/2012/06/29/business/29reuters-usa-fed-sack.html

NEW YORK (Reuters) – Brian Sack, who oversees the Federal Reserve’s open market actions, and who was to leave the New York Fed bank on Friday, will instead stay on as senior advisor to President William Dudley.

The Federal Reserve Bank of New York announced on Friday that Sack has withdrawn his resignation and starts the new position June 30. He will no longer be involved with the group that oversees market activities.
END

There are no accidents anymore. This is the planned destruction of the un-backed fiat monetary system which will destroy the Bad Guys, revive the US Gold Standard and return the US to a Constitutional Republic.

My birthday is next Wednesday (yep- I was born on the 4th of July:) and it’s shaping up to be a real doozy of a firework show!

Stay buckled up.

Bix Weir
www.RoadtoRoota.com

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Bix Weir ~ Banker Resignations & Gold/Silver Market Rigging

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Road To Roota | April 10 2012

*A follow-up to Part 1: There were 2 more HUGE resignations since we did this interview. The first was the the person in charge of IMPLEMENTING THE MARKET RIGGING AT THE NEW YORK FED!

View Part 2 Here

* * *

I sat down with Sean at www.SGTreport.com last week and discussed some of the hot topics lately. In the first interview we talk about the 450+ bankers that have resigned…

Are There Signs the Good Guys Are Winning?

New York Fed Markets Group Chief Brian Sack to Resign

http://www.bloomberg.com/news/2012-04-05/new-york-fed-markets-group-chief-brian-sack-to-resign-1-.html

And let’s not forget about the London office of JP Morgan which can’t seem to get out of the way of the spotlight these days. Remember that Fortune Magazine article almost a year ago about JPM’s goal to mine gold in Afghanistan? Here it is if you forgot:

http://management.fortune.cnn.com/2011/05/11/jp-morgan-hunt-afghan-gold/

Look where the leader of this adventure is now!…OH HOW THE MIGHTY ARE FALLING!

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Madison Ruppert ~ New York Federal Reserve’s Head of the Markets Group Joins the Bankster Exodus, But Why?

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End The Lie | April 8 2012

Twice now I have reported on the rash of resignations amongst top figures at financial institutions across the globe for Wake Up World (see here and here).

The number is growing by the day and I still can’t seem to find any solid reason behind why this is going on, as all of the resignations are allegedly unrelated, which is hard to believe when we see such huge numbers in such a small time span.

While I have no problem speculating and putting forth potential answers to these kinds of mysterious questions (while being sure to note that it is nothing more than speculation), I have yet to come up with anything I feel is logically and factually consistent.

I have had many readers, indeed hundreds, email me telling me it is related to the supposed “end of financial tyranny” being written about by David Wilcock, Benjamin Fulford, and others.

Unfortunately, there are just not enough facts to back up their assertions as of yet. There are many claims of high-profile arrests but no corroborating evidence ever presented.

There is indeed a massive lawsuit with some astounding allegations, but all of those are yet to move beyond anything but an allegation.

I’m a bit of an optimist, so I would love to believe that all of this is true, but the skeptic in me is screaming, “Where’s the evidence?” I have yet to be able to provide that evidence, nor has anyone else that I have been able to find.

If you have evidence that can back up the claims being made by Wilcock, Fulford, and others, please email me immediately. I beg of you, do not send me a link to the Divine Cosmos series as I have read it and it is all completely and totally unproven (I had to say it because that is mostly what people are sending me even though there is zero proof provided).

Add to the growing list of resignations Brian Sack, the head of the markets group at the Federal Reserve Bank of New York.

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As Fed Weighs QE3 Key Player Resigns

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Adam Samson | Fox Business | April 6 2012

Brian Sack

Brian Sack, the individual responsible for overseeing the execution of the Federal Reserve’s monetary-policy moves, will be leaving his post in late June as the central bank continues mulling whether it should provide more stimulus for the U.S. economy.

As the executive vice president and head of the Fed’s Market Group since June 2009, Sack was directly responsible for implementing many of the Fed’s complex monetary-policy maneuvers in the open markets.

“Brian’s service to the Bank over the past three years has been critical to our response to the financial crisis and the country’s economic recovery,” William Dudley, president and chief executive officer of the New York Fed, said in a release.

The Fed utilized several unorthodox measures to buttress the markets after the 2008 collapse of investment-banking giant Lehman Brothers brought the financial system to the brink. Among the unprecedented steps the central bank took were two rounds of asset purchases, sometimes referred to as QE1 and QE2.

The first QE involved purchasing $1.25 trillion in mortgage-backed securities between 2008 and 2010, while the next focused on long-term Treasury bonds.

Then, in September of last year, the Fed said it would utilize a policy many economists called “Operation Twist.” Essentially, the central bank sold $400 billion in short-term debt and traded it in for the same quantity of longer-term bonds in a bid to directly impact long-term borrowing costs.

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