by Joseph P. Farrell, Giza Death Star:
If you’ve been following the strangeness in banking over the past few years (and decades for that matter) you’ll have noted certain names to keep popping up, and this is particularly the case in the aftermath of 9/11, and one of those names is Deutsche Bank. This article was shared by Mr. M.M., and there’s a few things in this article that caught my attention, but unless one knows the story, the bland reporting of the Reuters article will cause those things to go completely unnoticed. Besides being under investigation in Italy for some shady trading deals implying the use of the float to generate money (see https://gizadeathstar.com/2017/01/eye-looming-storm-bankster-deaths-missing-money-deutsche-bank-part-two-promis-will-float/), and besides having already been hit with fines for other things, being under investigation for helping to rig the London Inter-Bank Offered Rate (LIBOR), now the big German bank is being hit with fines for trades involving Russia:
Now, if one has been following the strangeness going on in Europe ever since the Advent and Epiphany of Mad Madame Merkel, one might get the idea that there is something very real and very messy going on behind the scenes; it is almost as if a covert warfare, much of it economic, were being waged against Germany; first the former German Foreign Minister, Steinmeir, gave a little talk in Berlin to assembled German businessmen a few years ago, informing them that Germany’s foreign policy would have to become more “militaristic”. He spouted a bunch of globaloney to buttress his position, but in the end, one didn’t really have a clear picture as to why it was necessary to do so. Then Germany announced it wanted to triple the size of its military and bring it back to Cold War standards of size, then Germany backed the creation of an all-European army, and now it wants to open its military to foreigners, EU army or no (see today’s “tidbit.”) Volkswagen was hit with stiff fines for falsifying its emissions by the USA, and Deutsche Bank is being hit with fine and after fine from Washington and London… then came BREXIT. And through it all, persistent attacks on Deutsche Bank, a major bank within the Western system of finance. It almost leaves one with the impression that someone, somewhere, wants to drive it into the ground, or at least peel it away from that system.
Whether all of this be true or not is, alas, the subject perhaps of a more lengthy examination in the future, for it is not the subject for today’s high octane speculation.
What is of interest in the Reuters article by Karen Freifeld and Arno Schuetze is the following:
Deutsche Bank (DBKGn.DE) has agreed to pay $630 million in fines for organizing $10 billion in sham trades that could have been used to launder money out of Russia, the latest in a string of penalties that have hammered the German lender’s finances.
In two detailed reports, U.S. and British regulators criticized the bank for not knowing the customers involved or the source of money for the trades, which helped buoy revenue during a slowdown following the global financial crash.
The scheme involved so-called mirror trades carried out between 2011 to 2015 – for instance, buying Russian stocks in roubles for a client and selling the identical value of a security for U.S. dollars for a related customer.
Note firstly that some of these trades were executed after the sanctions on Russia, and secondly, that it involved laundering money out of Russia. But then we’re told there are missing documents, and that apparently the US Department of Justice was looking even deeper:
Karl von Rohr, Deutsche Bank’s chief administrative officer, said the bank regretted its role in the Russian trades scheme and that it had since acted to address shortcomings.
He cautioned, however, that other authorities were investigating the trades and that the matter was not yet closed.
The U.S. Department of Justice is not part of the deal and is still looking into the trades. A spokesman declined to comment on its inquiry.
What disturbs me here is the potential that Deutsche Bank’s alleged activities, at least in so far as Reuters is reporting them, might represent a continuation of the “rape of Russia” policies that began shortly after the collapse of the Soviet Union, under the fragile government of Mr. Yeltsin. That rape had many players, among them the Bank of New York, and the Harvard Institute of International Development (See Anne Williamson ‘s “Testimony Before the Committee on Banking and Financial Services of the United States House of Representatives, Sept 21, 1999, here:BankstersInRussiaAndGlobalEconomy.htm). Yes, that’s the same Bank of New York that some 9/11 researchers implicate in mysterious securities clearing after 9/11, and that’s the same Harvard Institute of International Development that, according to Ms. Williamson, “advised” the Clinton Administration on its “austerity” policies. The result of those policies, argues Williamson, was the rape of the Russian people, and a massive transference of wealth into the hands of the old nomenklatura and into the hands of Western oligarchs.
So where’s the high octane speculation here?
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