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Featured Post

Restored Republic via a GCR: Update as of Nov. 21, 2017

Restored Republic via a GCR Update as of Nov. 21 2017 Compiled 12:05 am EDT 21 Nov. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Tuesday, December 30, 2014

S3A: Tuesday Morning Intel Update

Stage3Alpha:

TUESDAY INTEL UPDATE!!!!

Posted by EXOGEN on December 30, 2014

Vinman
December 30, 2014 at 9:52am

U.S. global financial obligations on or before Jan 1 are mounting...many are now past due.

Sanctions will be imposed on U.S. for stalling this reset.

BP has been caught with their hands in the cookie jar on their forex desk.

Everyone is pointing fingers at each other now.....and evil bankers are falling like dominos.

The global sting operation is knocking out the web of financial corruption.

Many bankers are being arrested (or executed if you happen to be in China or Vietnam).

It appears that Abadi has scored a touchdown!!!

The last box is ready to be checked off and the last puzzle piece put into place.

»»»»»»»»»»»»»»»»»

RSR > EXOGEN:
One thing reportedly left to do.....what is it?

Donna S. > RSR:
Arrests of the biggies.?

Lightworker > EXOGEN:
Last piece of puzzle needed to complete check list, that would be Abadi making announcement.

»»»»»»»»»»»»»»»»»

Momo P > EXOGEN:
Global sting operation in play...

ClassyONE > EXOGEN:
A global sting operation to bring down the dirty rotten bankers in criminal investigations!

»»»»»»»»»»»»»»»»»

gum leaf > EXOGEN:
Who will get sanctions?

R.V. / GCR > gum leaf:
Usa for stalling reset

»»»»»»»»»»»»»»»»»

G T:
Tuesday Morning Clues......

The US has Obligations for Payments Worldwide

If NOT DONE Before the Start if 2015......Sanctions could be Implemented

Banks are being caught with their hands in the COOKIE JAR (AS USUAL)

The OLD Financial Banking Models Are ARE FALLING LIKE DOMINOES!!!

Bankers Are BEING ARRESTED for Market Trading & Currency Exchange Scandals

The OLD Banking Systems Getting KNOCKED OUT!!!

»»»»»»»»»»»»»»»»»

Ranger4564:
US has global payment obligations for stalling on the 2010 IMF ratification

Road ahead leads to either negotiations or sanctions

Various tactics are being used by the US / Cabal to stall the BRICS takeover, including collapsing economies, financial terrorism, false flag terror events like the missing plane, and who knows what's next, but China is emerging as the replacement to the US (imperial power / financial center / head of international agencies)

Banker corruption is being investigated and pursued globally

BP has been caught with their hand in the cookie jar, and is being investigated

Bankers are all pointing fingers at others, deflecting culpability / responsibility

Cleanup / Roundup Dominoes are falling, some bankers have fallen, others are struggling to keep from being taken down

Global sting operation is underway to dismantle the corrupt networks used by the criminal Bankers, to arrest them

China is working with the US to stamp out corruption ::: rolleyes :::

China has offered protection of Iraq... new consulate in Kurdish oil rich Erbil

There is also some Grimm news from the US... more corruption or ultra patriotic, you decide, but if Grimm news is being broadcast, means we still live under Cabal thievery
»»»»»»»»»»»»»»»»»

EXOGEN:

»»»»»»»»»»»»»»»»»

G T
December 30, 2014 at 10:13am

New Clues.....

Abadi is about to Score A Touchdown (is he about to do the LAST THING NEEDED)!!!

Is the Last Box & the Last Piece of the Puzzle FINALLY Going to be checked off & Put in place???

»»»»»»»»»»»»»»»»»

EXOGEN
December 30, 2014 at 10:00am

Currency and gold in the Kurdistan Region

Posted by shaman on December 30, 2014 at 9:54am

PUKmedia http://goo.gl/qWcFqE

»»»»»»»»»»»»»»»»»

EXOGEN:
Vietnam is sentencing corrupt bankers to death, by firing squad

Posted by cheryl on December 30, 2014 at 3:49am

Editor's note: This story was first published on April 3, 2014. GlobalPost is featuring it again as one of our must-reads of 2014.

Vietnam is sentencing corrupt bankers to death, by firing squad

Others just get life behind bars.

Duong Chi Dung (C-front), 56, former chairman of Vinalines, and his accomplices listen to the verdict at a local People's Court in Hanoi on December 16, 2013. Two top executives were sentenced to death for embezzlement as authorities try to allay rising public anger over corruption. Three corrupt bankers have also recently the death sentence. (Staff/AFP/Getty Images)

Editor's note: This story was first published on April 3, 2014. GlobalPost is featuring it again as one of our must-reads of 2014.

BANGKOK — For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses.

Odds are that scandal would have played out differently in Vietnam, another nation struggling with misbehaving bankers.

GlobalPost

The authoritarian Southeast Asian state doesn’t just send unscrupulous financiers to jail. Sometimes, it sends them to death row.

Amid a sweeping cleanup of its financial sector, Vietnam has sentenced three bankers to death in the past six months.

One duo now on death row embezzled roughly $25 million from the state-owned Vietnam Agribank. Their co-conspirators caught decade-plus prison sentences.

In March, a 57-year-old former regional boss from Vietnam Development Bank, another government-run bank, was sentenced to death over a $93-million swindling job.

According to Vietnam’s Tuoi Tre news outlet, several of his colluders were sentenced to life imprisonment after they confessed to securing bogus loans with a diamond ring and a BMW coupe. And last week, in an unrelated case, charges against senior employees from the same bank allege $47 million in losses from dubious loans.

None of this would impress Bernie Madoff, mastermind of America’s largest ever financial fraud scheme. The combined amount from all three Vietnamese cases adds up to less than 1 percent of his purported $18-billion haul.

But these death sentences nevertheless are high profile scandals in Vietnam.

That’s the point. Human rights watchdogs contend that splashy trials in Vietnam are acts of political theater with predetermined conclusions. The audience: a Vietnamese public weary of state corruption. But these sentences also sound loud alarm bells to dodgy bankers who are currently running scams.

“It’s a message to those in this game to be less greedy and that business as usual is getting out of hand,” said Adam McCarty, chief economist with the Hanoi-based consulting firm Mekong Economics.

“The message to people in the system is this: Your chances of getting caught are increasing,” McCarty said. “Don’t just rely on big people above you. Because some of these [perpetrators] would’ve had big people above them. And it didn’t help them.”

Like most nations that crush dissent and operate with little transparency, Vietnam is highly corrupt.

According to a World Bank study, half of all businesses operating within the communist state expect that gift giving toward officials is required “to get things done.” Transparency International, which publishes the world’s leading corruption gauge, contends Vietnam is more corrupt than Mexico but not quite as bad as Russia.

Unlike in America, where judges can’t sentence white-collar criminals to death, Vietnam can execute its citizens for a range of corporate crimes.

Amnesty International reports that death sentences in Vietnam have been handed down to criminals for running shady investment schemes, counterfeiting cash and even defaulting on loans. This is unusual: United Nations officials have condemned death for “economic crimes” yet Vietnam persists with these sentences — as does neighboring China.

Though statistics on Vietnam’s opaque justice system are scarce, a state official conceded that more than 675 people sit on death row for a range of crimes, according to the Associated Press.

It’s still unclear how the bankers will be killed. Vietnam’s traditional means of execution involves binding perpetrators to a wooden post, stuffing their mouths with lemons and calling in a firing squad. The nation wants to transition to lethal injections. But European nations refuse to export chemicals used in executions (namely sodium thiopental) to governments practicing capital punishment.

Fraudulent bankers are receiving heavy sentences at a moment when Vietnam is enacting major financial reforms.

For decades, Vietnam has been slowly transforming its communist-style, state-run market into a more open and competitive arena. In the post-reunification era, the government owned every bank in Vietnam. Today, state-run banks control only 40 percent of all assets.

This push to bank in a more Western style has ushered in improvements as well as temptations to swindle. According to the UN economist Vu Quang Viet, Vietnamese credit laws passed in 2010 “simply copied the lax US law now widely believed to be at least partially responsible for the financial debacle in 2008.”

Campaigns to root out corruption are promoted as a way to entice foreign investment, which could help prop up Vietnamese banks whose growth has slowed from a sprint to a jog.

But the recent death sentences aren’t really intended to prove the reformers’ sincerity to the outside world, according to McCarty.

“They don’t care about foreigners. It’s all internal politics,” McCarty said. Foreign banking honchos wouldn’t be impressed by a few executions anyway. “If you really want to want to resolve the problem, you can’t just arrest people,” he said. “You’ve got to improve accountability and transparency in the entire system.”

A leading Vietnamese newspaper, Thanh Nien, is also pushing for system-wide cleanup in lieu of showcase trials against a few corporate criminals.

An op-ed in the paper recently compared death sentences for corruption to fighting fire with fire. The preferred approach would be dousing corruption before it burns through public funds. “It is better to prevent corruption,” the paper opined, “than deal with it after the fact.”

http://www.globalpost.com/dispatch/news/regions/asia-pacific/vietnam/140402/vietnam-s-solution-corrupt-bankers-firing-squads

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