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 Bankers are leaving the sinking ship like the rats they are 
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 Bankers are leaving the sinking ship like the rats they are
Selene wrote:
Major news: Three dozen key banking/gov’t “resignations” in emerging NWO financial takedown


WoooHooo! The rats are fleeing. Can they escape arrest and prosecution?

I can scarcely believe this myself, friends. But it does indeed appear that as a result of Lord James of Blackheath’s courage in addressing the British Parliament

and the work of the so-called White Hats behind the scenes, a major takedown of the corrupt worldwide financial network at the highest levels is in progress. Over the past few days, more than two dozen key banksters have “resigned” worldwide, including the heads of the World Bank, the Swiss, Russian and Kuwait central banks, Goldman Sachs (yes!) Societe General, and key investment bankers at major players UBS, Credit Suisse, Lloyd’s, Santander, Nomura, plus those at exclusive and secretive private banks such as the Vatican Bank, Coutts, the list goes on….

Gordon Duff in Vetrans Today wrote:
At surface, it appears we have stumbled upon the largest terrorist organization in the world and have found original documents tracing its funding to the Secretary of the Treasury and the Chairman of the Federal Reserve, two of the top financial officers in the US. A cursory review of terrorism statutes in the US indicate that all transactions we will learn about are, in fact, to be assumed “terrorist money laundering” and that the only thing preventing the immediate arrest of hundreds of top financial officials is their political connections alone.


This is stunning. The biggest fish of all, Secretary of the Treasury Timothy Geithner and Chairman of the Federal Reserve Alan Greenspan are clearly implicated here….Yaaaaaay! Lord Blackheath has their signatures on original documents in the $15 trillion dollar scandal that’s erupting here. $15 Trillion is an amount equal to the entire National Debt of the United States.

More at: http://projectcamelotproductions.com/blog-hp.html

Project Camelot blog wrote:
RESIGNATIONS FROM WORLD BANKS:

(1) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis
http://www.dailymail...ng-scandal.html

(2) 10/29/11 (CHINA) Resignations Suggest Shift for China's Banks
http://online.wsj.co...4190522426.html

(3) 11/01/12 (INDIA) More directors of the Beed district bank resign
http://www.thenews.coop/article/more-directors-beed-district-bank-resign

(4) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
http://www.bloomberg...-to-resign.html

(5) 11/29/11 (Iran) Iran's Bank Melli CEO Resigns Over Loan Scam
http://www.dailymoti...-loan-scam_news

(6) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]
http://www.reuters.c...E7NF23S20111215

(7) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
http://dealbook.nyti...ief-steps-down/

(8) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down
[uel]http://www.ftadviser...GM/article.html[/url]

(9)1/09/12 (SWITZERLAND) Switzerland's central bank chief resigns
http://www.aljazeera...5612935171.html

(10) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits
http://www.bankingti...holesale-quits/

(11) 1/19/12 (SPAIN) Spanish bank Santander's Americas chief quits
http://www.expatica....its_202395.html

(12) 1/20/12 (JAPAN) Normura's head of wholesale banking quits
http://www.euromoney...king-quits.html

(13) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September
http://www.bloomberg...-september.html

(14) 1/21/12 (Greece) Banks' top negotiator quits Greece, but talks go on
http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go

(15) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.HTML

(16) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank
http://articles.econ...hanti-ekambaram

(17) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
http://finance.yahoo...-164154294.html

(18) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal
http://articles.busi...nces-italian-tv

(19) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns
http://www.business-...resigns/464259/

(20) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns
http://www.washingto...rOAR_story.html

(21) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns
http://www.bloomberg...s-amid-row.html

(22) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank
http://www.socialent...wn-charity-bank

(23) 2/15/12 World Bank CEO Zoellick resigns
http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/

Did the White House tell the World Bank president that he's out?
http://bosco.foreignpolicy.com/posts/2012/02/15/did_the_white_house_tell_the_world_bank_president_that_hes_out

(24) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO's (2) resign
http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html

(25) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign
http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign

(26) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group
http://business.thinkghana.com/pages/finance/201202/57429.php

(27) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits
http://webcache.googleusercontent.com/search?q=cache:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us

(28) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns
http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill

(29) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981

(30) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer
http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/

(31) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down
http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/national/18-Feb-2012/ajk-bank-s-executive-steps-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29

(32) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down
http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711

(33) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
http://www.businessweek.com/news/2012-02-20/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html

(34) 2/10/12 (KOREA) Korea Exchange Bank chief steps down
http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML



For some excellent commentary, read Gordon Duff’s commentary in VT today: http://www.veteranstoday.com/2012/02/21/intel-exclusive-trillion-dollar-terror-exposed/ (Duff is ex-CIA-turned-White-Hat)


Image


Looks like ol’ Ben Fulford hasn’t been completely sipping the KoolAid…

Cheers!

:elephant :banana :brockoli :banana :elephant

Selene

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Fri Feb 24, 2012 8:29 am
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Post Re: Bankers are leaving the sinking ship like the rats they
Selene wrote:
It gets better: Bush & Co implicated in theft by CIA whistleblowers


From Gordon Duff: http://www.veteranstoday.com/2012/02/21/intel-exclusive-trillion-dollar-terror-exposed/

Gordon Duff in Veterans Today wrote:
There is no record of the Federal Reserve being authorized to “create” $15 trillion, equal to the entire national debt of the United States. There is, however, proof that funds that totaled, at one time, $27 trillion had been earned surreptitiously, disposed of as part of an intelligence operation against the Soviet Union and then later stolen with accusations made against George H. W. Bush as being the perpetrator.

I have spoken with two individuals, one President Reagan’s intelligence coordinator and the other Chief Legal Counsel for the Central Intelligence Agency regarding these funds. Both have indicated that former President Bush had asked that these funds, totalling $27 trillion, be transferred to his control, that threats were made by Bush and that many involved in this operation suffered, issues including murder, illegal arrest, torture and detention among them.

The individuals I am speaking of repeatedly met with President Bush over these funds, disputed his claim to them, and indicate that the majority of the funds are the property of the people of the United States.

<read more at link >

As the funds, at least the half which the US government can claim ownership of, combined with the interest and earnings of, would quickly put the US “in the black,” again we look at, not just the press blackout on the Wanta litigation of the last 6 years but the press blackout on Lord James of Blackheath and the wealth of damning documentation he submitted to Parliament.

Nothing has been done since, it is as though the proof submitted was so dangerous that those moments in time have been erased by a mysterious g-dlike power.

What makes [former White House Intelligence Coordinator] Wanta dangerous is that he has begun to distribute funds, some to government entities, counties and states, law enforcement agencies, giving them standing, not just in recovering funds intended for their use but in helping prosecute anyone involved in interfering with or attempting to divert funds.

One grand jury is being formed to investigate diversion of Wanta funds even at this early date. It is likely that Wanta/Ameritrust funds earmarked for border protection could lead to the indictment of high ranking US officials. This is only the beginning….


Image

:elephant :banana :brockoli :banana :elephant

Cheers,

Selene

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Post Re: Bankers are leaving the sinking ship like the rats they
Phatman wrote:
Selene.. NWO bankster leaving the sinking ship... Astonishingly these guys will be given huge
severance packages... Sadly to say... So they walk away and no prosecution with a pile of
$$$$$$$$$. Corzine is another EX-Goldman Sachs turkey who should be put in jail...

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Post Re: Bankers are leaving the sinking ship like the rats they
Selene wrote:
Hi, Phatz ~

That’s the question, isn’t it?

Whether they can get away without being prosecuted if these thefts happened under their watch…?

Methinks there’s enough cowpatty about to hit the proverbial to make a lot of otherwise very serious people want to get out of Dodge. Now. These are – ahem – ‘resignations’, which don’t necessarily entitle you to grab your golden parachute; you’ve left ‘voluntarily’ (albeit, perhaps, with a negotiated STFU financial package.) They aren’t even leaving to take a better job at another bank. They must know they’ll be permanently unemployable after this thing explodes.

Q: Is there a lawyer in the house? Can they still be prosecuted when/if the crimes are proven?

Cheers,

Selene

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Post Re: Bankers are leaving the sinking ship like the rats they
Phatman wrote:
Aharg Matie... I be not a Sea Lawyer... but.. The way they get away with this is to betray others
who are in power. If they go down it will cause 1000's of others to go down because the betrayals
would be several layers deep...

FYI.. J Edgar Hoover who was caught running a Pedophile Ring in 1958 was given a pass because
he said he would betray 100's of others. He remained the director of the FBI until 1972. It is believed
by some that J. Edgar was also blackmailed by the Nazi's before and during the WWII. Allen Dulles
who was a Nazi sympathizer (head of the CIA until JFK fired his ass) was also implicated in the
Hoover scandal..

:candle :candle :candle

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Post Re: Bankers are leaving the sinking ship like the rats they
fulcanelli wrote:
PhaTz: Thanks for the explanation on the price you pay for the Stand you've taken... the worm has turned.

Indeed, Selene... Fulford might have seemed bat-shit crazy to the uninitiated, but perhaps not so much now. ;) Nevertheless, what has always mattered the most is finally putting an END to the Financial Tyranny, getting our nation(s) BACK and holding those responsible (Poppy, Bubba, Dubya, Bobo and all their minions) fully accountable for their crimes.

The Satanic Cabal is in its death throes. I uttered "Hear, hear!" when I watched Lord James' speech a few days ago. It's nice to see Gordon covering this, as well. The MSM won't be able to ignore Financial Terrorism and the resulting [all-encompassing] implications much longer...

No doubt this recent meeting was all about diversionary WW3/COG preps:


Image

The scary thing about Evil people who're on their last legs, is they don't feel they have anything left to lose. Regardless, the day will come when the false Left-Right Paradigm that has enslaved us all is no more...

:candle

Regards,
fulcanelli

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Post Re: Bankers are leaving the sinking ship like the rats they
See below for a transcript of Lord James' speech:

Lord James of Blackheath Hansard offical transcript for 16 Feb 2012
Lord James of Blackheath - 15 Trillion dollars and 750 thousand metric tonnes of gold
Page 1 of 1 (Total of 2 Items)


Lord James of Blackheath - 15 Trillion dollars and 750 thousand metric tonnes of gold

16.02.2012 17:37 in Lord James of Blackheath


Breaking news Lord James of Blackheath has spoken in the House of Lords holding evidence of three transactions of 5 Trillion each and a transaction of 750,000 metric tonnes of gold and has called for an investigation.

Bookmark:http://www.rayservers.com/blog/Lord%20James%20of%20Blackheathfor updates

Video extract found on Youtube.

Update 21:22 GMT:

Unofficial Transcript of the speech by Lord James of Blackheath, in the Lords Chamber of the House of Lords, London, on 16 February 2012

I'm going to start with my conclusions, but I'm not going to sit down when I've made them. Because I'm then going to give you the evidence to support them and hopefully present to you the reasons why I want support for an official inquiry into the mischief I want to unfold to you this afternoon.

My lords, I have been engaged in pursuit of this issue for nearly 2 years now, and I'm no further through to getting to the truth.

I think there are three possible conclusions that may come from it. I think there may have been a massive piece of money laundering committed by a major government which ought to know better and that it has effectively undermined the integrity of the British bank the Royal Bank of Scotland, in doing so. The second alternative is that a major American department has an agency that has gone rogue on it because it has been wound up and has created a structure out of which they are seeking to get at least 50 billion Euros as a payoff. And the third possibility is that this is an extraordinarily elaborate fraud which has not been carried out but which has been prepared in order to provide a threat to one government or more if they don't pay them off. So there are three possibilities and this all needs a very urgent review.


snip

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Fri Feb 24, 2012 8:53 am
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Post Re: Bankers are leaving the sinking ship like the rats they
The $15 Trillion Mystery: Opinion

snip

Regular readers will be familiar with some of my own speculation into U.S. money-laundering (and counterfeiting of its own currency). Of interest, my own theorizing was based on a series of logical deductions that implied that some massive money-laundering operation (of counterfeit currency) must be taking place in the dying U.S. economy. And now we have a detailed paper-trail on the largest (known) money-laundering operation in history.

To refresh the memory of regular readers and to inform new readers, back on Jan. 3, I published a commentary titled "Maximum Fraud in U.S. Treasuries Market". In that commentary, I outlined a series of simple-yet-obvious deductions pointing out the following facts:

1.There are (virtually) no visible buyers for U.S. Treasuries on the planet (at any price).

2.Even if there were interested buyers, there are no sources of capital available to mop up all the trillions in supply being dumped onto the market each year.

3.Even if there actually were interested buyers, and even if they could scrounge the $trillions to buy this worthless paper, it is utterly absurd to suggest that these buyers would pay (by far) the highest prices in history for this paper at a time of maximum supply. It defies every basic principle of supply and demand.

4.Taking this scenario from "absurd" to outright insanity, the U.S. economy has never been less solvent in its entire history. This directly implies that U.S. Treasuries should be fetching the lowest prices in history -- not the highest -- just like the worthless bonds being flogged by Europe's deadbeat-debtors.

snip

Read more here: http://www.thestreet.com/story/11432213/1/the-15-trillion-mystery-opinion.html?cm_ven=GOOGLEN

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Post Re: Bankers are leaving the sinking ship like the rats they
Quote:
Scam Involving Yohannes Riyadi and/or Wilfredo Saurin
November 2007

The Federal Reserve is aware of a fraudulent scam involving individuals using the names Yohannes Riyadi and/or Wilfredo Saurin, or persons claiming to be representatives of these two men. In a typical version of this scam, Mr. Riyadi and/or his delegates falsely claim that they have on deposit with the Federal Reserve Bank of New York several U.S. Treasury Checks issued to Mr. Riyadi amounting to billions of dollars.

The Federal Reserve Bank of New York has been contacted by several brokers and financial institutions worldwide inquiring about the validity of this fraudulent account documentation, which is being offered as collateral for lines of credit or other types of asset based financing. The fraudulent scheme includes multiple documents which purport to have the signatures of various Federal Reserve officials, including Chairman Ben Bernanke.

In some instances, individuals involved in this fraudulent scheme claim to have met with Federal Reserve officials and claim to have verified that the alleged account is in order. We have also learned that the fraud may include the purchase of certain documents by the introducing brokers.

If you have information regarding this fraud please contact either Robert Amenta, Special Investigator at the Federal Reserve Bank of New York, or Erik Rosenblatt, Senior Special Agent at the Department of Homeland Security, Immigration and Customs Enforcement.


http://www.ny.frb.org/banking/frscams.html

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Post Re: Bankers are leaving the sinking ship like the rats they
Quote:
[ In RE: ( alias ) William Morales (aka) Wilfredo S. Saurin, et al. ( immediately below ) ]

Courtesy: Unwanted Publicity Information Group

Source: THE DILIGIZER BOARD

Subject: Wilfredo S. Saurin - W. Tommasi & Associates - INFO
Posted By: buejay - Registered User
Posted At: June 11, 2003 / 11:45 a.m.

Willaim Morales ( not his real name ) resides in Bangkok Thailand. His real name is Mr. Wilfredo S. Saurin [ Philippines Passport ZZ065974 ] who works with the following group of companies and related associates ( below ):

Company Information:

W. TOMMASI & ASSOCIATES
7 Talbot Square
Paddington
London W2 1TS
UNITED KINGDOM

AND,

W. TOMMASI & ASSOCIATES
Tavistock Square
London WC1H 9EU
UNITED KINGDOM
TEL: +44 7050 655350
CELL: +39 338 1771 298
FAX: +44 7050 655351
FAX: +39 06 233-238-242
E-MAIL: wtassociates@virgillio.it
E-MAIL: wtassociates2@tiscali.it
E-MAIL: ufs@uki.org.uk

Company Information:

UNITED FINANCIAL SERVICES UK
Tavistock Square
London WC1H 9EU
UK
Tel: +44 7050 655350
Cell: +39 338 1771 298
Fax: +44 7050 655351 or +39 06 233-238-242
CONTACT: Water Tommasi [ Italy passport: 3121442 ] ( President )

Attorney-in-Fact ( Thailand ):

Wilfredo S. Saurin [ Philippine passport: ZZ065974 ]
Calixto R. Soliven [ Philippine passport: EE 458667 ]
65 / 1 Sunstar Complex, 10-A
Soi 2 Sukhumvit Rd.
Bangkok 10110
THAILAND
TEL: +66 9 449-1965
TEL: +66 9 615-1744
TEL / FAX: +66 2 253-4805
TEL: +65 90 267-449 ( SINGAPORE )
E-MAIL: w_saurin@yahoo.com
E-MAIL: wilfred_saurin@hotmail.com
CONTACT: Wilfred Saurin

Business Information:

- Promoting as Registered Investment Counsel / Portfolio Managers
- Manager Bank Investment of Funds
- Manager of Individual and Institutional Clients
- Registered with the Securities and Exchange Commissions as an Investment
- Advisor Manager of European Union ( EU ) based Institutional and Individual Clients

Company Information:

THE S.I.F. GROUP (aka)
SIF GROUP INTERNATIONAL (aka)
SIF INVEST UK (aka)
S.I.F. SOLID INVESTMENTS & FINANCE LTD. [ Companies Registry. No.: 2635226 ( Cardiff- UK ) ]
1 Riverside House
Heron Way
Truru
Cornwall TR1 2XN
UNITED KINGDOM
TEL: +44 187-222-5491
TEL: +30 93-840-4066
TEL: +30 93 631-4409
TEL: +30 9 447-9667
FAX: +44 187 226-0150
FAX: +44 187 226-1338
FAX: +30 10 523-9527
E-MAIL: sifgroupinternational@man.com
E-MAIL: sifinvestuk@msn.com
E-MAIL: fred@smallfirmsservices.com [ Fred Kirkpatrick ]
CONTACT: Dr. Jerome Redcliff Theotokas ( President )

Company Staff:

Fred Pettit ( UNITED KINGDOM )
Caroline Harris ( FRANCE )
Jerome Ivan Tocardo ( SWITZERLAND )
Gerard Thibault ( SWITZERLAND )
Bruno Marchisio ( FRANCE )
Dino Van der Zand ( THE NETHERLANDS / Dutch )

BT INVESTMENT GROUP INC. ( Bankers Trust )
1401 Kingsbridge Drive, Suite A
Garland, Texas, 75044
USA
TEL: +1 (281) 589-2721
TEL: +1 (972) 675-9791
E-FAX: +1 (208) 498-6158

Mr. Wilfredo S. Saurin, sends out gold offers relating to either gold bullion in Singapore, Hong Kong and Bangkok, none of which exist, and all require the intended buyer to place funds in a bank designated, by Mr. Wilfredo S. Saurin, but due to currency restrictions, etc. the buyer usually ends up with his funds stuck in the designated bank.

William Morales is a no go.


This is but a snippet of information from a long, long post at the following:

http://upintelligence.multiply.com/reviews/item/24

A simple google search shows the man named by Lord James, Yohannes Riyadi,

1. Uses various aliases;
2. May be connected to a Filipino crime syndicate;
3. Has ties to something called the "Government of Free Vietnam;"

There is also speculation this whole thing may be a psy op by the North Koreans. :huh :roll

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Fri Feb 24, 2012 9:14 am
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Post Re: Bankers are leaving the sinking ship like the rats they
Here's a better quality video of the speach


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Post Re: Bankers are leaving the sinking ship like the rats they
According to Benjamin Fulford Bush Sr. and Bill Gates have been arrested for trying to prevent a new financial settlement which would not be good for the cabal.

I saw this in a yahoo groups message which included this information.

:popcorn

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Tue Mar 06, 2012 3:44 pm
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Post Re: Bankers are leaving the sinking ship like the rats they
No offence Simon but until I see that Piece of Grabage in hand cuffs and before a judge I will not believe this story...

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Post Re: Bankers are leaving the sinking ship like the rats they
L2L wrote:
No offence Simon but until I see that Piece of Grabage in hand cuffs and before a judge I will not believe this story...


Well actually L2L, my thoughts are the same, which explains the popcorn.

Its all and good that Fullford shares this info with anyone and everyone, but so far he (and others) have proven to be 'all talk'... without offering a shred of hard evidence to back up what they are saying.

At times I wonder how much of the talk (which typically is designed to put people in a 'waiting' frame of mind, rather than an 'action' frame of mind) is NWO hubris designed to divert / stop people from even trying to do anything for their long term benefit.

Simon

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Post Re: Bankers are leaving the sinking ship like the rats they
Cash is still king but CROWN IS SLIPPING!

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Mon Mar 12, 2012 2:56 pm
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Post Re: Bankers are leaving the sinking ship like the rats they
australia-listed-as-potential-enemy-of-the-net

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Mon Mar 12, 2012 11:19 pm
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Post Re: Bankers are leaving the sinking ship like the rats they
Goldman Sachs director quits 'morally bankrupt' Wall Street bank

Greg Smith resigns as executive director of Goldman's European equity derivatives business after devastating attack

Juliette Garside and Jill Treanor

guardian.co.uk, Wednesday 14 March 2012 09.52 EDT

A Goldman Sachs director in London has resigned after publishing a devastating open letter accusing senior staff of being "morally bankrupt" and bent on extracting maximum fees from clients by offloading unsuitable investment products. :heart

Greg Smith, who has left his post as executive director of the firm's equity derivatives business in Europe, claimed that chief executive Lloyd Blankfein and president Gary Cohn have "lost hold of the firm's culture on their watch". He added that "this decline in the firm's moral fibre represents the single most serious threat to its long-run survival".

Smith's charges, which were swiftly denied by the bank, were published in Wednesday's New York Times and raised questions about the firm's relationship with existing clients, whom Smith claimed were referred to as "muppets".

Lord Oakeshott, the Liberal Democrat peer and his party's former Treasury spokesman in the Lords, said the matter raised questions about any relationship between the UK government and Goldman. :crylaugh

Smith, who joined Goldman as a summer intern and worked at the firm for 12 years, first in New York and then in London, claimed managing directors made their remarks about "muppets" in internal email.

"I attend derivatives sales meetings where not one single minute is spent asking questions about how we can help clients. It's purely about how we can make the most possible money off them."

Read more here: http://www.guardian.co.uk/business/2012/mar/14/goldman-sachs-director-quits-morally-bankrupt

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Wed Mar 14, 2012 8:54 am
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