Jay Syrmopoulos – On Thursday, Iceland’s Supreme Court found nine bankers guilty of market manipulation, affirming the conviction of the seven defendants found in a June 2015 decision by the Reykjavik District Court, and handing down a guilty verdict to two defendants previously acquitted in district court.
The Supreme Court decision found that “[b]y fully financing share purchases with no other surety than the shares themselves, the bankers were accused of giving a false and misleading impression of demand for Kaupthing shares by means of deception and pretense,” according to the Iceland Monitor.
The bankers were found guilty of crimes relating to deceitfully financing share purchases – essentially the bank lent money for the purchase of the shares while using its own shares as collateral for the loans.
According to a report by Common Dreams:
No punishment has been handed down yet, although sentencing is set to come. The defendants worked at the major international firm Kaupthing Bank until it was taken over by the Icelandic government during the crash. The bank’s former director Hreiðar Már Sigurðsson, who had been sentenced to five and a half years in 2013 in a separate Kaupthing case, had his punishment extended by six months in response to the verdict. Continue reading
Greg Hunter – Renowned investment advisor Catherine Austin Fitts says there is $9.3 trillion missing from the Department of Defense in 2015 alone. Fitts explains, “This is a phenomenal number and a phenomenal amount of money. This is the cut and run. All this money has been disappearing from the federal government. . . . I’ve been demanding to know what banks and contractors are liable for the systems. We are talking about transactions that are in violation of the Constitution and the laws related to financial management. . . .
Sartre – In the previous essay, The CIA’s Presidents, the influence of the intelligence community in directing and controlling the office of the presidency is presented. But before the clandestine spooks developed their sway on policy and intrigue, the absolute power behind the throne, crowned their lineage selection with the full mashaḥ anointing from the Bankster tribe. The masses are not part of this universe. Their role is to bow down to the chief executive that has been picked for them to obey. The actual person is less important than keeping the line of authority in the family.
Sartre – Any discussion on the Federal Reserve (link) inevitably will revert into the role of Jewish Bankers in the failures of the central bank. Resistance from the current Jackals of Jekyll Island prevents a Federal Reserve audit. The identity politics that absorb the banking elites usually revolves on money. However, when the financial establishment unites to shield the Fed to protect the likes of Greenspan, Bernanke and Yellen, one needs to ask why are Jewish Banksters put in charge of the central bank? Identity politics of the tribe comes to the rescue. The mere notion of asking such a question requires a slap down and charges of hatred.