by Corey Lynn, Corey’s Digs:
It’s no secret that BlackRock CEO, Larry Fink, has been the key driver in pushing financial institutions and companies into “changing their behavior” and how they operate so as to comply with the grand ESG scheme. Environmental, Social, and Governance are the buzzwords making their way into every major corporation, and some states aren’t on board with this. More on that in a moment.
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While this heated debate is transpiring, New York Community Bank just acquired Flagstar Bank, both whose top shareholder is BlackRock, and both of whom service millions of residential mortgages and multi-family lending for non-luxury apartments. Of course they want to work ESG into their new control model, so they brought on scandalous Verint to provide the framed “survey” intended to manipulate people into adopting their plan. The questions on the so-called survey, aren’t questions at all, as seen below in this article. If there was ever an example of how BlackRock and other financial institutions and companies are trying to force this agenda, this is it.
The Banks
Flagstar Bank was founded in 1987 and established Flagstar Bancorp, Inc. holding company in 1993. They are headquartered in Troy, Michigan. They are the 7th largest bank originator of residential mortgages, the 5th largest sub-servicer of mortgage loans nationwide, and the 2nd largest mortgage warehouse lender nationally, based on total commitments. Flagstar operates 395 branches in nine states, while it’s mortgage division operates nationally, working with a network of 3,000 third-party mortgage originators. They service 1.4 million accounts with $360 billion in unpaid principal balances.
Flagstar Bancorp Inc.’s top shareholders are BlackRock Fund Advisors at 13.62% and The Vanguard Group, Inc. at 10.37%.
New York Community Bank was founded in 1859 as Queens County Savings Bank and changed its name in 2000. In 1993 they became a public company and in 2000 began acquiring other banks and has $88.4 billion in assets and $66 billion of loans. They are the 2nd largest multi-family portfolio lender in the country and lead the industry in New York City. They specialize in rent-regulated, non-luxury apartment buildings.
New York Community Bancorp Inc.’s top shareholders are BlackRock Fund Advisors at 10.36% and The Vanguard Group, Inc. at 9.37%.
The Acquisition and The So-Called “Survey”
In April, 2021, Flagstar announced that New York Community Bancorp, Inc. was going to acquire Flagstar Bancorp, Inc. in an all stock strategic merger, giving the new company over $87 billion in assets with 400 branches in 9 states and 87 loan offices in 28 states. The new headquarters will be on Long Island, N.Y. with regional headquarters in Troy, MI.
On November 22, 2022, Flagstar sent out an email to all of its customers requesting they fill out a “short survey” that consisted of 23 questions about financial, environmental, social, and corporate governance issues (ESG). This framed survey was produced by Verint Systems, Inc., a scandalous company, whose top shareholders also consist of ESG-pushing BlackRock, in addition to Vanguard.
On December 1, 2022 Flagstar emailed all of its customers announcing that the acquisition went through and that New York Community Bank and Flagstar are now one.
Verint Systems – The Producer of The ESG “Survey”
Verint Systems, Inc. is a public company headquartered in Melville, NY with over 40 offices worldwide. Verint incorporated in 1994, and was previously a subsidiary of Comverse Technology, a global technology company headquartered in the U.S., with about half of their employees in Israel. In 1997, Quantum Industrial Holdings, advised by George Soros through Soros Fund Management, partnered with Comverse Technology to invest in Israel-based technology companies. Soros later bought a stake in Comverse/Verint Systems in 2010. In 2013, Verint bought out Comverse Technology Inc.
Comverse and their subsidiaries were involved in a “backdating” stock options scandal, which allowed the CEO and others to operate a secretive stock options slush fund while earning huge profits and deceiving shareholders, resulting in the CEO Jacob “Kobi” Alexander serving time in jail for fraud, money laundering, and obstruction as a class-action lawsuit by employees followed.
According to a former commander of Israel’s elite Unit 8200, which is the equivalent to America’s NSA, the technology from Comverse and by extension Verint are “based on Unit 8200 technology.” Furthermore, Comverse founder and CEO, Jacob “Kobi” Alexander is a former Israeli Intelligence officer. This Unit 8200 based Verint technology was instrumental in tapping the U.S. telecommunications grid for the NSA in their domestic spying scandal.
