Tag: Hidden Finance
At The Eye Of A Looming Storm? Those Banker Deaths & More Missing…[Part 2]
Yesterday I began this two part blog by noting an important article that appeared in Bloomberg Business Weekly, authored by Vernon Silver and Elissa Martinuzzi, concerning how Deutsche Bank made billions disappear from its books. At the end of that blog, I noted the banker deaths that mysteriously surrounded the Deutsche Bank transactions with Michele Faissola and the Italian Banca dei Paschi di Sienna, a bank in continuous operation since the Renaissance. I also noted Bloomberg's "take" that this transaction was a microcosm of Deutsche Bank's other operations. Finally, I noted that the banker deaths were not confined to associations with Deutsche Bank, but that they engulfed other prime banks and even some insurance institutions in the Western financial system, among them J.P. Morgan Chase. So to refresh our memory, we have the following elements:
(1) Derivatives trade, which comprise in part mortgage-based securities, that are tied to "triggers" such as interest rates;
(2) Deutsche Bank's role in helping rig the LIBOR(London Inter-Bank Offered Rate), one such "trigger";
(3) the global phenomenon of banker deaths, which I now hypothesize is an indicator that Deutsche Bank's practices are, indeed, not confined to that bank alone but part of a systemic "operating procedure" for purposes yet to be speculated about; and,
(4) the details of the Deutsche Bank-Banca dei Paschi di Sienna transaction, currently being investigated and adjuticated in Italy.
Let us refresh our memory on the details of that last point, for they bear directly on today's high octane speculation, which I have titled "I PROMIS you it will Float":
That's typically a red flag to auditors and regulators, and it took almost a month for Deutsche to alter the deal so it contained a small amount of actual risk. The bankers did this by mixing in two interest rate triggers—that is, prices to be fed into a formula that would determine how much money the participants in the trade had to pay or receive from each other. But that created a slight possibility that Paschi could win both sides of the bet. To mitigate this potential Deutsche loss—as much as €500 million—Deutsche added a third trigger. Underlying the now complex flowcharts of rates, payments, and triggering events was the asset on which the transactions were to be based: about €2 billion in Italian government bonds.
Further illustrating the incestuousness of the deal, Paschi would need to buy the bonds and hand them over to Deutsche as collateral. Deutsche, for the sake of its own accounting, would need to sell the bonds to come up with cash that it then would give right back to Paschi to pay off the Santorini loss. And Paschi would buy the bonds in the first place from a third bank that had bought them from Deutsche.
Now notice that this is simply a circular "triangle" designed to facilitate the accounting practice that would allow the whole transaction to be kept off the balance sheets:
Deutsche also benefited from the way it accounted internally for its side of the deal. That complex shuttling of Italian bonds? The bank decided that all of the back-and-forth maneuvers canceled themselves out and did not need to appear on its balance sheet. Deutsche began to apply the practice to transactions around the world, totaling more than $10 billion that never showed up on its books and making the bank look smaller and less risky than it really was.
But what is really going on? I suspect it has a great deal to do with a method of generating money and keeping that money off the books, a method known as the "float." (There are actually two kinds of floats here, but we're only considering one of them in this exercise of high octane speculation). Investopedia defines the first type of float this way:
Money in the banking system that is briefly counted twice due to delays in processing checks. Float is created when a bank credits a customer's account as soon as a check is deposited. However, it takes some time for the check to be received from the payer's bank. Until the check clears from the payer's bank, the amount of the check appears in the accounts of both the recipient's and payer's banks.(See Investopedia: What does "float" mean?)
Notice that money deposited in an account appears on the bank's books as a liability of the bank; however, prior to actual clearing of the transaction, both at the paying and receiving end, that money is in a kind of accounting limbo, during which time it can actually function as a "hidden" reserve, allowing the bank to use it for very quick transactions on which it will earn more money, before the transaction is cleared.
In this case, the Deutsche Bank-Banca dei Paschi di Sienna triangular transaction created an enormous float, which could be conveniently tracked in real time by…oh, say, a database management software program like PROMIS, brainchild of Inslaw Corporation and its founder, William Hamilton. As most readers here are aware, Inslaw's software was stolen by the Reagan Justice Department, modified with several backdoors, and then covertly marketed by the American intelligence community to a variety of countries. As I noted in Hidden Finance, Rogue Networks, and Secret Sorcery, this software could track anything – including financial flows – in real time through a variety of databases.
Such money generated by this practice may, or may not, be entered on the bank's books. In the latter case, it would constitute a "hidden reserve", so to speak, which can then be used to create even more liquidity. As I've noted above, coupling this practice to the derivatives and to mortgage fraud – think only of Catherine Austin Fitts' story detailing massive mortgage fraud in the Department of Housing and Urban Development when she was assistant secretary there, and one creates an enormous hidden financial system with a volume of liquidity that would probably boggle the mind, liquidity that in turn can be covertly used for a variety of purposes, from manipulation of markets of all sorts – commodities, bullion, interest rates and so on – to covert funding mechanisms for covert operations and, given the sheer scale of the system, funding for expensive black projects research and technologies, and even as a mechanism to fund "off world" projects and trade. Keeping the float secret is, I am arguing, a fundamental component of this hidden system of finance, and it would be a national security secret worth keeping at any price, including the murder of those who…
About Joseph P. Farrell
Posted on January 29, 2017 Categories Big Banks, Economy & Finance, High Octane Speculation, Murdered Whistleblowers, Researchers & People In The Know, NewsTags Banca dei Paschi di Sienna, Big Banks, Black Projects, Catherine Austin Fitts, Derivatives, Deutsche Bank, Dr. Joseph P. Farrell, Economy, Finance, Hidden Finance, Hidden System Of Finance, High Octane Speculation, Inslaw, Missing Money, PROMIS, Rogue NetworksLeave a comment on At The Eye Of A Looming Storm? Those Banker Deaths & More Missing…[Part 2]
Deep State Disinfo – 9/11 & Rogue Networks – Dark Journalist Interviews Dr. Joseph P. Farrell [Part 3]
Source: DarkJournalist
Daniel Liszt
[Part 1] – 9/11 & The Fascist International Trap – Dark Journalist & Dr. Joseph P. Farrell
[Part 2] – 9/11 & Tesla Directed Energy Weapons – Dark Journalist & Dr. Joseph P. Farrell
What follows is The Exciting Conclusion of this 3 Episode Breakthrough Investigation into the Deep State & Rogue Networks!
In this exciting Part 3 finale Dark Journalist Daniel Liszt welcomes back Dr. Joseph Farrell and they delve into his deep investigations on covert forces operating on multiple levels in historic events from the JFK Assassination to 9/11.
Farrell's new book, Hidden Finance, Rogue Networks and Secret Sorcery is setting the alternative research community abuzz with its proposal of 3 levels operating on 9/11. The third level he describes is a Fascist International Network that he says is in possession of a powerful Tesla Directed Energy Weapon and a system of Hidden Finance that has been growing since the end of World War 2!
The first two breakthrough episodes covered the explanation of the 3 levels at work in 9/11, the blatant omissions in the official story, the origins of the exotic technology used and the strange presence of corporations like SAIC in the cleanup efforts. in this powerful and groundbreaking Part 3 episode, Farrell outlines the aftermath this tragic event and the development of a centralized power system that has created the infrastructure for endless war under the pretext of defending the word for freedom while building a police state.
Posted on June 10, 2016 July 11, 2016 Categories Disinformation, Censorship, Truth Suppression & More, Documentaries & Interviews, News, Police State, Politics, Psychological Operations, The Deep State, War & TerrorismTags 911, Deep State, DEW, Directed Energy Weapon, Documentary, Dr. Joseph P. Farrell, Drills, False Flag, Fascism, Fascist Elites, Fascist International, Hidden Finance, Interview, JFK, JFK Assassination, National Security State, Nazis, Police State, Politics, Rogue Networks, SAIC, Tesla, The Nazi International, Weapons Of Mass Destruction1 Comment on Deep State Disinfo – 9/11 & Rogue Networks – Dark Journalist Interviews Dr. Joseph P. Farrell [Part 3]
9/11 & Tesla Directed Energy Weapons – Dark Journalist & Dr. Joseph P. Farrell [Part 2]
In this exciting Part 2 episode with Dark Journalist Daniel Liszt and Dr. Joseph Farrell on his new book: Hidden Finance, Rogue Networks and Secret Sorcery, they go deeper into his controversial research examining the Level 2 and Level 3 forces operating in the Deep State that penetrated the operations of 9/11 using the exotic technology of a TESLA DIRECTED ENERGY WEAPON.
While investigating the potential roots of the exotic technology used, Farrell discovered an unusual series of links to Science Applications International Corporation (SAIC) and an engineer on their staff who was developing a scale model version of the Nazi Bell and anti-gravity ships. He also cites an interview with former NSA Director Admiral Bobby Ray Inman from a decade ago, in which he confirms that the SAIC was working on Anti-Gravity research. Inman is an enigmatic figure who has a tendency to exasperate his superiors by speaking his mind. He was one of the highest ranking intelligence officials to criticize the Bush Administration's warrantless wiretapping policies program. His interest and connections to reverse engineered UFO Technology have been well-documented.
EXOTIC TECHNOLOGY
In researching the many anomalies of the Pentagon attack and the takedown of Flight 93 in Pennsylvania, Farrell discovered witnesses who described some perplexing features in their testimony, such as Flight 77 appearing to "melt" instead of crash into the building. Others described a missile with wings attached and some claimed they only saw an explosion with no plane visible! He also refers to photos that show almost no debris on the Pentagon lawn and the appearance of just a small hole at the crash site, hardly enough of a footprint for a major crash of an airliner.
Farrell also found that the same Swedish cleanup company that was remodeling the Pentagon before 9/11 was granted the contract to restore the damaged areas of the building complex and bizarrely to also handle all of the cleanup activities at the World Trade Center. The company donned nuclear protocol suits while they were working to clear the unusually small amount of debris at the major crash sites.
Farrell further investigates one of the main witnesses that has been put under embargo not to testify or be questioned named Frank Probst. A retired Army officer and Pentagon employee, Probst provided contradictory testimony, but his story of watching the plane fly into the Pentagon and having to jump out of the way became the foundation of the official story. In addition, he was somehow in a position to corroborate every major point of the narrative. Digging into his past, Farrell traces his background and expertise to being involved with the remote operation of airliners, raising major concerns about the crash being manipulated from the ground.
In this special part 2 of 3 episodes they reveal more astounding and shocking information which shows the parallels in Deep Events like the JFK Assassination and 9/11 and how they were designed as Mass Occult Ritual Sacrifice to provide the public with a psychic shock. Together they show how the obscure symbolism involved reveals the true purpose of the perpetrators behind these historic happenings.
Posted on June 1, 2016 June 10, 2016 Categories Advanced Technologies, False Flags, High Octane Speculation, Mind Control, Social Engineering, MK Ultra & Entrainment Technology, News, NSA, Physics, Metaphysics & Theory Of Everything, Politics, Psychological Operations, Secret Societies & Ruling Families, Social Engineering, SpaceTags 911, Admiral Bobby Ray Inman, Anti Gravity Technology, Bush Administration, COG, Continuity of government, DEW, Directed Energy Weapons, Dr. Joseph P. Farrell, Exotic Technology, False Flags, Flight 77, Flight 93, Frank Probst, Hidden Finance, NSA, PROMIS, PROMISE Software, Psychological Operations, Reagan Administration, Ritual Sacrifice, SAIC, Science Applications International Corporation, Social Engineering, Space, Tesla, Tesla Tech, The Pentagon, UFO Technology1 Comment on 9/11 & Tesla Directed Energy Weapons – Dark Journalist & Dr. Joseph P. Farrell [Part 2]