Dee Finney's blog

start date July 20, 2011

today's date December 22, 2012

page 406











Top Russian TV Station Exposes Financial Tyranny [PICS, VIDEO!]


Please log on to  all the photos are on that page.

The Proverbial Cat has hopped out of the Bag --- She had kittens and ALL of them are yowling!!!!.

This promises to be MUCHO INTERESTING !!!


On December 4, 2012, one of Russia's top TV networks contacted us -- to do the world's first-ever full exposure of our Financial Tyranny investigation in mainstream media!

This show will air just hours after we have made this post -- and we hope to get a copy of it.

[MAJOR NEW UPDATES 12/16, 17 and 18! Look for red headlines. HUGE new link section early along -- and more info at the end.]


The significance of what REN-TV is about to do cannot be undermined.
REN-TV is one of the top television networks in Russia, with a potential audience of 113.5 million viewers. Their website is
[In the Russian alphabet, a P is equivalent to an R, and an H is equivalent to an N -- hence the "PEH" in the above logo means "REN", not some variant of "meh."]
No major media outlet has ever been willing to touch this story in video form -- as it used to be considered far too dangerous... not to mention highly classified.
Courthouse News Service was the only mainstream print media source to have ever tackled it -- and this was only on a website.
On December 8, 2012, Dr. Valentin Katasonov, chairman of the S.F. Sharapov Russian Economic Society, re-opened the discussion in a comprehensive three-part article.
The first "official" independent video that revealed this case only appeared just this past Thursday, on December 13, 2012 -- around 11PM.
We will have more about that, including a link to it, in just a moment.
Here is the best online description of REN-TV I've found so far, with a link to read the text for yourself:
REN-TV Online Description
REN TV is one of the largest private federal TV channels in Russia. Founded by Irena Lesnevskaya and her son, Dmitry Lesnevsky, who had been running REN TV as a production house for other national Russian television channels, it has broadcast since 1 January 1997.
Its target audience is a young to middle-age city worker. Even though it focuses mostly on the audience in the 18 to 45 demographic, REN offers programming for a wide range of demographics, since the target viewer has a family and respects family values.
The channel has won 13 TEFIs awards presented by the Academy of Russian Television.
REN TV’s network is a patchwork of 406 independent broadcasting companies in Russia and the CIS. REN’s signal is received in 718 towns and cities in Russia from Kaliningrad in the West to Yuzhno-Sakhalinsk in the East.
It has a potential audience of 113.5 million viewers (officially 120 million viewers ) with more than 12 million of them living in Moscow city and Moscow Oblast (Moscow Region).
REN TV works with 10 broadcaster affiliates and 19 cable operators in the CIS and Baltic states; 181 cities can receive REN TV’s signal.
By many political fringe groups REN TV is considered to be “one of the last bastions of free media” in Russia.
It is the only channel up-to-date which covers the meetings of socialist and liberal groups and takes interviews from leaders of the political fringe.

REN-TV is about to make history -- releasing a documentary on the stolen gold, the Keenan lawsuit, the Illuminati, the Federal Reserve, Financial Tyranny and the now-160-nation alliance that has formed to end the oppression.
This was arguably the most classified and dangerous information on Earth -- until the story began to blow open in November 2011, when tangible documents first started to be revealed.

Only then did the pioneering work of Benjamin Fulford -- the former Asia-Pacific bureau chief for Forbes, the world's largest business magazine -- produce a provable, indisputable piece of physical evidence.
This evidence appeared in the form of a lawsuit that Fulford had been telegraphing and anticipating for over a year.
The lawsuit was filed by Neil Keenan against the UN and many other global players. It was massive -- over 100 pages long -- and extremely detailed, as I revealed in this article.
This lawsuit was deliberately timed to be released on the anniversary date of the Kennedy assassination, as we since found out.

For many months, Fulford had been talking about this pending lawsuit.
Most interestingly, he said that it had the full backing of the "good guys" in the Pentagon and US military, as well as an alliance of about 57 nations at the time -- which has since ballooned to 160.
Unlike many people's stereotypes that "they're all in on it," in truth there is only a very small group of 'controllers' who have used murder, threats, blackmail and bribery to maintain power over much larger groups.

If you want more proof, the most important data I released on this small group came out after I wrote Financial Tyranny -- in the first part of The Great Revealing, on July 20, 2012.
There, you will find that 80 percent of the world's wealth is directly being earned by the top 737 corporations. This was proven by Swiss scientists Glattfelder et al.
Those 737 companies are in turn being controlled by a "super-entity" of only 147 corporations. 75 percent of them are financial institutions.
The top 50 corporations' names were published. The highest, most powerful names on the list are all the Federal Reserve banks.
The single highest and most powerful entity on Glattfelder et al's computer-generated list was Barclays Bank.


The Great Revealing was my official announcement of the LIBOR scandal, complete with many links about it.
The US Justice Department targeted the eye at the top of the pyramid.
Thanks to their heroic efforts, we now know that all the top banks were secretly colluding with each other.
They were all lying to the public about their credit scores -- to attract investors and make more money.
This means that all 600 trillion dollars of investment values in the world are utterly and completely based on fraud -- and lies.
The LIBOR story is huge. The arrests have already begun. Massive fines are now being doled out to the top banks involved. This is going to become a much bigger story very soon.

I have continued to collect examples of big news stories related to LIBOR and the governments of the world closing in on the Federal Reserve banking cartel.
All I've done here is post the most recent ones out of my journal. All of these links have appeared just since October 4, 2012. Dates are included in every headline.
If anyone tries to tell you that "nothing has changed" and "the Cabal is just doing business as usual," they are not paying attention.
Unfortunately, hardly any of these stories are getting media attention whatsoever -- but they are all very important. This is building up to an epic, open, public awakening -- hopefully very soon.
In these link lists, I have introduced spacing between sets of ideas and to make it less cluttery. If you would like to keep reading the main thrust of our article, you can skip ahead.
By all means, please use these links as ideas for your blogs and posts online. This information is vital to show how the tide is turning.
10/4: Hundreds of Thousands of Protestors in Spain Almost Every Day
(Reuters) - A Spanish court on Thursday threw out a police case against the organizers of a protest in Madrid last week that ended in violence and dozens of arrests, saying people had a right to express their opinion.
Hundreds of thousands of Spaniards have taken to the streets in almost daily protests against spending cuts.
10/4, 10/5, 10/6: BBC Sex Ring Articles


10/18: Hollywood’s Creative Accounting: $19M Movie Loses Money at $150M Profit
10/18: Martin Sheen & Woody Harrelson in 9/11 Truth Film
10/19: Goldman Sachs Expose’ Book Portrays Dystopian Horror

10/19: Savile Was “The Tip of the Iceberg”
The wide-ranging investigation into Sir Jimmy Savile’s depraved activities has focused attention once more on claims of a possible paedophile ring and a 'culture of cover-up’ on Jersey.
10/20: First and Second In Command at IRS Have Resigned
10/21: Veterans Today -- Election Fraud Storm Clouds Loom Over Presidential Race
10/21: BBC in Worst Crisis of 50 Years Over Savile Pedophilia Cover-Up
10/24: Goldman Sachs CEO: “Nobody Can Flagellate Themselves” As Well as Us
10/24: Feds Sue Bank of America Over 1B for Mortgage Fraud
Federal prosecutors filed a $1 billion lawsuit against Bank of America on Wednesday, alleging that the bank and its former Countrywide unit concocted a mortgage scheme to sell thousands of fraudulent and otherwise defective mortgage loans to Fannie Mae and Freddie Mac.
10/25: “Tsunami of Filth” Has Done Terrible Damage to BBC
10/25: BBC is Hopelessly in Crisis
10/26: British ExxonMobil Exec Gunned Down
10/26: Police Prepare Arrest Strategy as BBC Sexual Abuse Case Grows
LONDON — The number of people who said they were sexually assaulted by Jimmy Savile, one of Britain’s most popular television hosts, expanded to 300 from 200 in just the last week, and other people may have acted with him, the Scotland Yard officer heading the investigation said Thursday.

10/29: Mini-Neutron Bombs: A Major Piece of the 9/11 Puzzle
10/31: BBC Execs Face Losing Jobs in Savile Pedophilia Scandal

10/31: Veterans Today -- US Military Planned Mutiny to Topple Obama, Start WWIII, Declare Martial Law
The Obama administration has had American military, both on domestic and foreign bases on high alert since October 1. However, there has been no known terrorist enemy threatening the US. The enemy is called “domestic” but its origins are far from American.
Today, Rear Admiral Charles M. Gaouette was “fired” from his command of one of the three carrier battle groups back to Bremerton, Washington to face an investigation.
It is impossible to adequately state how unusual this is and how serious....
The decision was made based on a conversation with the Secretary of Defense who, at the end of the talk, believed Gaouette was part of a group of military officers who have been under suspicion for planning a “Seven Days in May” type overthrow of the US government if President Obama is re-elected.
This is not conjecture. Dozens of key officers face firing, hundreds are under investigation, all with direct ties to extremist elements in the Republican Party and the Israeli lobby.
Reports received are sourced at the highest levels of the Pentagon and indicate that the administration has been aware of these plans for months….
Today, key members of the military more loyal to Israel and Wall Street than the United States are said to be planning a mutiny to take place after the presidential election.
Their task, upon seizing power, is to facilitate a massive terror attack inside the United States, possibly using a stolen nuclear weapon, declare martial law, move troops into Iraq and to attack Iran with aid from Saudi Arabia and the Gulf States....
This is the plan, it is known, not just in the Department of Defense, but by all intelligence agencies, the plotters have all been recognized, are all under surveillance and they have not been very careful.
All information here has more than one official source….
The planned overthrow and subsequent declaration of martial law is a massively financed operation with billions of dollars available.
The primary impetus for this action is a belief by members of the “dispensationalist” pseudo-Christian heresy that pervades America’s military service academies that the United States should be subservient to the State of Israel.
Over the past three decades, religious extremists have taken over the Air Force Academy, Annapolis and West Point, teaching mandatory classes in obscure religious beliefs, hatred of Islam and stressing obedience to an “Apocalypse Cult” that stresses pre-emptive nuclear war in order to bring on the “end times” and destroy all life on earth....

11/1: Barclays Emails About Rigging Energy Prices to Make Profits
11/1: Mass-Media Culture Endorses Pedophilia
11/1: Barclays Traders Plotted to Rig Power Market
11/2: George Lucas Will Donate ALL 4B, from Selling Lucasfilm to Disney, for Education
11/2: Senior Political Figure Threatens to Sue BBC Over Pedophilia Claims

11/2: Lockheed Boss Fires PA for “Younger Model”
A captain of industry stunned his personal assistant when she turned 50 by allegedly telling her: 'I need to trade you in for a younger model.'
11/2: Headmistress’ Cruel Dismissal of Girls Abused by Savile
11/2: Leading Thatcher-Era Politician Participated in Pedophile Ring
BBC's Newsnight has sensationally claimed that a 'leading politician from the Thatcher years' was embroiled in a widespread paedophile ring - and repeatedly raped boys from a children's home.
11/2: Screen Legend Leonard Rossiter Now Embroiled in BBC Scandal
11/3: Newsnight Editor Refused to Re-Open Savile Investigation
Peter Rippon, the man who shelved the Newsnight investigation into decades of sexual abuse by Jimmy Savile, refused to reopen it because he was apoplectic his decision had been leaked, BBC sources have said.
His call last December sparked the greatest crisis the corporation has faced for 50 years, and he was accused of orchestrating a cover-up just because they had spent huge sums on tributes to the paedophile who died last year.
The BBC has since been dragged through the mud and forced to set up an inquiry into why exactly Newsnight's investigation was stopped.

11/3: Top of the Pops Producers Thought Savile Was “Dodgy”, Hired Anyway
11/3: BBC Airs Child Abuse Claims Against “Leading Tory Politician”
The unnamed politician was said to have taken part in the rape and abuse of young boys from the homes, as part of a paedophile ring operating in Wales during the 1970s and 1980s.
11/3: British Politician Rapist Threatened to Kill Victim If He Told Police
Mr Messham, who lived at the Bryn Estyn home near Wrexham when the abuse too place, told the Sunday Express: 'It happened time and time again, it was terrifying. There were a group of paedophiles who would regularly abuse boys at the home.
'One of them was a very senior member of the Conservative Party and someone very close to the establishment.
11/4: Phone Hacking Texts Between British PM and Rebekah Brooks
Some messages sent between [British Prime Minister] Cameron and Brooks have already been studied by the national panel and released to the public, provoking embarrassment for the British leader.
However, other texts – which the inquiry says were not relevant to its work – have been kept private. Bryant claims the messages have been withheld only because they are "salacious and embarrassing."…
Bryant on Sunday urged Cameron to voluntarily release all messages he had traded with Brooks. "You can get over being embarrassed, what you can't get over is deliberately hiding things from the British public," the lawmaker told BBC television.
11/4: Britain Has Invaded All But 22 Countries in the World
11/5: Romney Would Re-Do Mistakes of Bush
11/5: Romney Never Released Tax Returns
11/6: Machine Turns Obama Vote Into Romney Vote
11/7: Romney’s Loss a “Republican Waterloo”
11/8: JP Morgan Reaches SEC Deal on Two Mortgage Probes
JPMorgan Chase & Co has reached an agreement in principle with the staff of the U.S. Securities and Exchange Commission to resolve two previously disclosed investigations related to mortgage-backed securities, the company disclosed in a quarterly filing on Thursday.
The company did not say how much the settlements could cost....
The company faces numerous other government investigations and private lawsuits stemming from the financial crisis and from its $6.2 billion trading loss this year on credit derivatives.

11/9: MPs – Is Any Child Safe? List of Pedophiles in Government
11/9: RBS, UBS Traders Said to Face Arrest in Libor Probe
"U.K. prosecutors are poised to arrest former traders and rate setters at UBS AG (UBSN), Royal Bank of Scotland Group Plc (RBS) and Barclays Plc within a month for questioning over their role in the Libor scandal, a person with knowledge of the probe said.

The arrests will be made by police under the direction of prosecutors at the Serious Fraud Office within the next month, said the person, who declined to be identified because the matter isn’t public.
Arrests in the U.K. are made at an early stage of the investigation, allowing police and prosecutors to question people under caution and may not lead to charges. "
11/9: Frank Rich: Denial Has Poisoned the GOP
That a presidential hopeful so cavalierly mendacious could get so close to the White House, winning some 48 percent of the popular vote, is no small accomplishment.
The American weakness that Romney both apotheosized and exploited in achieving this feat—our post-fact syndrome where anyone on the public stage can make up anything and usually get away with it—won’t disappear with him.
A slicker liar could have won, and still might.

11/10: Two-Month BBC Chief Resigns Over Pedophilia Scandal
George Entwistle, the director-general of the BBC, stepped down from the post on Saturday after a news program falsely accused a politician of child abuse.
Entwistle's resignation makes him the shortest-lived head of the BBC in the corporation's history. He lasted less than two months at the top.
11/10: BBC Bloodbath – More Tipped to Go

The director-general of the BBC sensationally quit tonight in the aftermath of the scandalous Newsnight report smearing senior Tory Lord McAlpine over false child sex abuse claims.
George Entwistle announced his resignation 12 hours after he was humiliated in a BBC interview by John Humphrys over his handling of the issue.

In a dramatic statement at 9pm last night, Mr Entwistle resigned following pressure from senior Government sources and from within the BBC itself.

11/14: Obama Rejects Republican Plan to Extend Tax Cuts for Wealthiest
11/15: BP Settlement To Be Largest Criminal Penalty in US History
11/19: 70 Percent of Retired Generals Took Defense Contractor Jobs
11/20: How Gaming LIBOR Became Business as Usual
11/26: Israeli Defense Minister Spontaneously Quits, Weeks Before Elections

11/26: Veterans Today -- AIPAC, Decapitators Inside the US Government
11/27: Yasser Arafat’s Body Exhumed for Murder Investigation
11/27: Top Globablist: NWO is in Trouble
11/28: Mass Shooter James Holmes Said He Was “Programmed to Kill” by “Evil Therapist”
11/29: Yikes! The Leveson Inquiry Scorches Rupert Murdoch
The long-awaited report from the Leveson Inquiry into the ethics and practices of the British media was published on Thursday.
In the report, Lord Justice Leveson called for a new government law to back an independent regulatory body overseeing the press, which he said had acted in ways that "at times, can only be described as outrageous."
The Guardian said that it would be the first press law in Britain since 1695.

12/4: NSA Whistleblower – Every Email in US Under Surveillance
12/5: Citibank Slashing 11,000 Jobs
12/5: SEC Investigating Deutsche Bank For Hiding $12B in Losses During Crisis
During the financial crisis, German banking behemoth Deutsche Bank seemed like one of the few banks in the U.S. and Europe strong enough to weather the crisis without a bailout.
A new report suggests that strength may have been a mirage.
The Financial Times reports that three former bank employees told U.S. regulators that the bank hid $12 billion in losses on credit derivatives during the crisis.
That might not sound like a lot of money for a global bank like Deutsche Bank, but it is roughly twice as much money as it earned in profit in all of 2011.
And it was enough to possibly mean the difference between needing a government bailout and not needing a bailout, according to the former employees.

12/6: Rebekah Brooks Hacking / Government Bribery Trial Set for Next September
12/7: Mainstream Press Did Not Cover Right-Wing Lies in 2012 Election
…According to longtime political observers Thomas Mann and Norman Ornstein, campaign coverage in 2012 was a particularly calamitous failure, almost entirely missing the single biggest story of the race:
Namely, the radical right-wing, off-the-rails lurch of the Republican Party, both in terms of its agenda and its relationship to the truth....

"It's the great unreported big story of American politics," Ornstein said.

12/11: FINALLY -- First Three British Nationals Arrested in LIBOR Probe... Names Not Given!
LONDON, Dec 11 (Reuters) - Britain's Serious Fraud Office (SFO) and London police have made the first arrests as part of a global investigation into the manipulation of interbank lending rates, a scandal that has rocked the banking industry.
The SFO said on Tuesday three British men, aged 33, 41 and 47, were taken to a London police station for interviews in the early morning after three properties were searched....
"The men are all British nationals currently living in the United Kingdom," the SFO said in a brief statement....

Dozens of people have been fired by banks and are under investigation in the probe into benchmarks like Libor, which underpins around $550 trillion of loans and financial contracts.

Sources familiar with the investigation said in July regulators and prosecutors in the United States and Europe were closing in on individual traders and that arrests were expected shortly.

12/13: European Court Condemns CIA in Landmark Ruling
12/14: UBS Faces $1 Billion-Dollar Fine in LIBOR Rigging Scandal -- Other Banks Also in Deep Trouble
LONDON (Reuters) - Swiss bank UBS faces a fine of about $1 billion next week to settle charges of rigging the Libor interest rate benchmark, a person familiar with the situation said on Thursday.
Such a penalty would be more than double the $450 million fine levied on British bank Barclays in June by U.S. and British regulators -- and would be the third massive U.S. fine to hit big European banks this week....

HSBC on Tuesday reached a $1.92 billion settlement with U.S. authorities over money laundering, the highest ever fine on a bank....
[This was] a day after another London-based bank, Standard Chartered, agreed to pay $327 million for violating U.S. sanctions against Iran, Sudan and other states, adding to an earlier $340 million for similar breaches of regulations.
Deutsche Bank, Germany's flagship lender, was raided on Wednesday by about 500 German tax inspectors and police, who arrested five staff in a probe linked to a tax scam involving the trading of carbon permits.
Britain's Royal Bank of Scotland [RBS] is also expected to reach a settlement on Libor manipulation shortly.

It is frankly amazing that the number of groundbreaking events I just shared with you has not already triggered a mass "tipping point" event in the public.
Politics have been used to manipulate Americans into turning against each other.
One classic strategy is the blatant attempt to create a "race war" in America, by painting blacks as all living off of the money earned by the hard work of the whites.
This campaign reached astonishing new levels of clarity and boldness during the 2012 election -- but it did not produce the desired result.

Rather than turning against each other, the mass public has continued to discover, more and more, that the real problem is not found in the 99 percent -- but rather in the 1 percent wealthiest entities in the world, and the steps they have taken to preserve their power.
The most astonishing omission in the 2012 elections, in my opinion, was that no mention was ever made of the 26 Trillion dollars of American currency that the Federal Reserve paid to its own member banks -- many of which are overseas.

As I revealed in Financial Tyranny, Congressman Ron Paul, Congressman Alan Grayson and Sen. Robert Byrd pushed through a successful bill to audit the Federal Reserve.
The result was absolutely shocking -- and it received hardly any attention in the mainstream media whatsoever.

Politicians love to go on and on about how they "need to reduce the deficit" -- as if America is in terrible trouble because we owe trillions of dollars to foreign bankers.
The deficit is supposed to be some looming, seemingly insolvable problem.
Ron Paul pointed out that nothing costs anywhere near as much as the sprawling military-industrial complex -- and he was seemingly forced out of the Republican 2012 nomination.
These debts are completely fake. They were built on fraud. The deficit is a myth.
It's admittedly quite a shift in perspective -- considering we've been told the same lies for many generations now.
The truth is that there is more than enough wealth to pay off all debts. This wealth simply has never been allowed to be used.
Very little has been spoken about the soaring unemployment numbers -- or the fact that the average American has less than $2,500 dollars of net wealth in the bank or in any other assets.

Well before the lawsuit was filed, Benjamin Fulford indicated that the "good guys" in the Pentagon were working with an ever-increasing international alliance to defeat the Federal Reserve -- and the oligarchs behind it.
With this would come the release of many "hidden" and classified technologies that could bring us clean energy -- at very low cost, and with minimal environmental damage.
Most importantly, this lawsuit would blow open the doors on a massive amount of gold that was stolen, worldwide, and put "on deposit" with the Federal Reserve.
Most people believe there is only about 140,000 metric tons of gold in the world -- about the size of an Olympic-sized swimming pool. Its apparent scarcity is what makes it so valuable.
The reality, as Neil Keenan has been told from the "Elders" in Asia, is that 2.5 million metric tons of gold was either stolen or handed over to the Federal Reserve at gunpoint -- beginning in the late 1920s.
85 percent of this gold was taken from Asian countries.
Much of this gold was originally pulled from a massive vein of gold running through China, Cambodia, Laos and Thailand that has remained highly classified ever since its discovery -- centuries ago now.

Beginning in a secret agreement from 1921, the Federal Reserve created the Bank for International Settlements. It became illegal for any country other than the United States to privately own gold.
All gold had to be handed over and put on "deposit" with the Federal Reserve. Those who did not hand it over willingly had it stolen from them.
The Japanese looted the Chinese gold on a truly industrial scale, throughout the late 1920s and on into the 1930s -- in what came to be known as Operation "Golden Lily."
The original holders of the gold were told they could recover it after 60 years. In the meantime they were given Federal Reserve bonds as collateral. They were told these bonds were "as good as gold" and could be cashed.
They were also told that surrendering their gold to this secretive international banking system would create world peace and prosperity.

No Federal Reserve bonds I have ever seen or published, up until now, date later than Series 1934. This is misleading, as Series 1934 bonds continue to be printed and issued straight through to the present.
Deliberate mistakes were included in the bonds that the Asians did not recognize, due to English not being their first language. These mistakes were used to discredit the bonds as forgeries should anyone try to cash them.
An astonishing number of insider photographs of these bonds was revealed in my full book-length investigation, Financial Tyranny, in February 2012.
The Asians, realizing these bonds were worthless, have also been handed enormous quantities of currency -- from many different countries of origin.
We are literally talking entire pallets piled high with cash -- as you are about to see with your own eyes for the very first time.
However, this currency is also worthless.
The serial numbers on the bills are not part of the registered financial system.
Therefore, if you attempt to cash them, you will immediately be branded as a counterfeiter -- and arrested and imprisoned.

Neil Keenan's sources in the Dragon Family sent me a wealth of photographs of the bales and bales of cash they have been sent -- as well as many other pictures of Federal Reserve bonds, bond boxes and chests.
Earlier this year, I went back through the original rush of emails I was sent in December 2011. I found that there were many, many pictures that I hadn't actually saved on my hard drive.
The bales and pallets of cash were sent to me some time in the spring of 2012, after I had completed the Financial Tyranny investigation -- and was exhausted.

[These particular images were sent to Neil by Keith Scott, and have now been discredited. See the update below.]
If someone were trying to fake all of this, they would have put a lot of time, energy and money into it.

[The images of the bonds are a very different story -- and have not been discredited at all.]
They therefore would have considered their fakes to be valuable -- and would have pushed me to use the pictures. I was quite overwhelmed by the amount of data I received.



Three Federal Reserve "Mother Boxes" with a total face value of 6 Trillion dollars were seized in Zurich, Switzerland by Italian police -- eight days after we published the first half of Financial Tyranny on February 9, 2012.
This next Bloomberg article revealed the whole story on February 17th, 2012 -- which was incidentally the very same day that we published the final sections of our Financial Tyranny investigation.
As explosive as this was, I was too exhausted by this point to add this story to Financial Tyranny at the time -- but here it is:
Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt.
The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. The Italian authorities arrested eight people in connection with the probe, dubbed “Operation Vulcanica,” the prosecutors said.
The U.S. embassy in Rome has examined the securities dated 1934, which had a nominal value of $1 billion apiece, they said in the statement. “Thanks to Italian authorities for the seizure of fictitious bonds for $6 trillion,” the embassy said in a message on Twitter.

The bonds were treated as "counterfeit", but looked very similar to the pictures our insiders leaked, just days before. Most of those pictures had never been seen before I published Financial Tyranny.

In this last series of photographs sent to me by Neil Keenan, we have a few more pictures of bond boxes -- apparently some they missed from previous rounds.

[These were the pictures Neil had received from Keith Scott, as I reveal in the update below. They have since been discredited and removed from publication here so as not to distract people who "skim" the article.]
Then we see an astonishing amount of currency. Bales and bales and bales of money, stacked on pallets. Enough to make your head hurt just looking at it.
Apparently, these photographs are only still shots from a video that takes you through a complete tour of this bunker -- including huge pallets stacked with cash.

[The bunkers are real and we may still get a video tour of a real bunker -- not these fake images that looked very similar to what is really in there.]
Gold bullion also appears at the end, in huge amounts, stacked on pallets -- as a rousing grand finale.

[These images also were taken from the Internet, and have now been removed, but looked similar to real stacks of gold in the bunkers that Neil and others have seen with their own eyes.]

As I said, this money began to be issued when the Asians fully realized the Federal Reserve bonds were worthless -- and could not be cashed. They wanted real currency, not "funny money."
The only people who could print "funny money" -- to the tune of at least 26 Trillion dollars -- were the Federal Reserve banking families... and their corporate cohorts.
In order to run the "magic printing press," they had to seize everything else in the world that was of significant value -- and hide it away from the books, by putting it on "deposit".
The gold itself was buried throughout Southeast Asia -- including Indonesia and the Philippines. There are over 100 bunkers loaded with staggering amounts of gold -- far more than most people could ever imagine.
When the Asians realized the bonds were no good, the Federal Reserve started having to print bales and bales of money for them -- just to meet the interest payments on the current value of the gold that is still being hidden away at gunpoint.
However, since this currency is not yet registered, it cannot be used -- unless it is "activated" by its native country of issuance first.
Of course, none of the currency you are [were!] about to see has ever been "activated." [If it were the real Asian currency sent to them by the Federal Reserve, this is absolutely true.]
It is essentially worthless -- despite how impressive it all looks.
I would like to formally apologize for what has happened since I published the currency images. This has been an extremely disappointing development.
I must admit that I feel angry, humiliated, saddened and disgusted -- all at the same time.
Based on audience recommendation, I have now removed the images. Links to the originals can still be found in the comments section. The originals were not in an Asian bunker.
The images were removed so that "skimmers" who do not read the article in detail are not, in any way, misled.

Integrity is very important to me. My work depends on it. I do my very best to focus only on things that are absolutely provable, so there is no possibility of error. I consider myself a perfectionist in that sense.
In The Source Field Investigations, I featured over 1000 academic references -- and in the ebook version you can click on most of them and read them online for yourself.
That being said, I trusted -- as Neil did -- that the people giving us these images were telling us the truth about where they came from.
We now have definitive, absolute, undeniable proof that we were completely deceived by whomever gave us these pictures.
It is very easy to take an URL to a particular image online, paste it into Google Image Search, and do a reverse search on it.
Almost every image from the above list -- including those of the gold -- could be found online, elsewhere.
The gold was from an HSBC Bank storage facility. The Euros were from a Euro storage facility. Therefore they did not come from an Asian bunker.
Whoever did this knew that the validity of these images would immediately collapse on a reverse image search on Google.

I'm inserting this here, before we get back to what I had already written. I just got off the phone with Neil Keenan.
The images were sent to him by Keith Scott, who was originally part of this case and has since broken away from it.
In a long, messy and complicated story, which I did not want to get into here, Keith apparently tried to use his "mandate" from being listed on Neil's lawsuit to "monetize" some of the assets in the bunkers -- and run off with the money.
He was apparently caught doing this. Factions developed. I decided not to get involved, or publicize any of this messy issue.
I was very disappointed to see what had happened, and I also do my very best to never say anything negative about anyone.
However, we now know that the pictures of currency that Keith Scott sent Neil were almost all off of the Internet. A few of them may have been "real," and I will check on that in my own time.

Neil was fooled by these pictures because he has been inside the bunkers and seen them himself. These images looked very similar to what he actually saw with his own eyes -- namely pallets full of cash and gold.
I have other insiders who have seen things like this in the bunkers as well.
The big falling-out with Keith Scott happened months ago now. These pictures were sent to me in Spring 2012, before this falling-out had ever happened.
I was emotional about the school shooting, felt like I needed to fight back against the Cabal, and put these "old" pictures in there without really checking them first -- so again, I apologize.
Neil is preparing a statement that we will have here shortly. Now we will go back to what I had originally written after we found out the images were already online -- from conventional sources.

I have been juggling so many valuable projects lately that I did not take the time to check this myself. For that I apologize. I will do my absolute best to insure a mistake like this never happens again.
I have very solid witness testimony from insiders who have proven their integrity and have seen the contents of these bunkers with their own eyes. Therefore I do absolutely believe they exist.
We also have a huge amount of evidence that the wealth of the world was indeed stolen and put on "deposit" with the Federal Reserve.
To me, this looks like a trap that was set to spring -- in order to try to discredit our entire investigation.

Whomever gave us these photos is not telling the truth. The source is compromised. And we need to get to the bottom of it.
I want to make it very clear that I do not believe Neil is responsible for this. I do believe he is telling me the truth. I have had many conversations with him and he has earned my trust.
I have seen many documents that we have not published. The photos of the bond boxes are also, I feel, very genuine.
The real issue is who gave him these photos of the cash -- and why they set us up for an obvious, deliberate "takedown" like this.

[We are now locating the emails proving that Keith sent Neil these pictures before they had their big falling-out.]
I am not in denial about this. Nor do I believe it negates the overall investigation. Instead, it clearly shows that we have been duped.
I am sorry I did not check before posting these images. From now on I will have to check everything I get from insider sources, to the best of my ability, before I put it online -- particularly something this important.

Again, I apologize. I will continue doing my very best to bring peace to this planet. That's what I want, and I do believe we are now getting very, very close.
This next section was also written before we found this out. I am not changing the rest of the article at this point. I did insert comments in brackets, and in red, in the next section to reflect what we now know.
[After I published this update we had a very intense synchronicity happen. I do believe this is a sign that the good will prevail even in the face of liars and deceivers. See the end of this article for more.]
More recently, the banking families tried to pass off sheets of Euro bills that were allegedly worth a million dollars each -- to the increasingly frustrated Asians who have still never been properly paid the money they are owed.
The biggest and most painful fraud of all, in this case, is that each note clearly says "NOT LEGAL TENDER" on it!
They obviously think the Asians are stupid -- but they know exactly what is going on, and are working to end this once and for all -- and free our planet.

[As we now know, these are commemorative notes and are available for public purchase. They were given to Neil as if they represented something they clearly did not represent.]
During a video chat, Neil Keenan held up one of these sheets for me, which he was only allowed to possess for a short time.

[I do believe Neil is telling the truth. We also must now admit that whoever gave him these photos is not telling the truth. In this case I have left them in.]
At this point he was not willing to have his face go public, so he was not in any of the shots.

It frankly amazes me that this story has still remained secret for nearly a year after I published this massive investigation.
For some perma-skeptics, no evidence will ever be sufficient. For other "true believers," no evidence is necessary.
Nonetheless, as the old saying goes, a picture is worth a thousand words. [Unless it's BS. However, I do definitely feel the Federal Reserve bonds, boxes and chests are not "fakes".]
However, a full documentary -- on one of Russia's premier television networks, seen by millions of people -- is worth much, much more.

[A stupid "disinformation" trick like this will only backfire on the disinformers -- and lead to the truth coming out even faster.]

REN-TV first made direct contact with me as of December 4, 2012, through Benjamin Fulford. They had read Financial Tyranny -- and were highly impressed with it.
They sent me a list of eleven explosively detailed questions on December 5th -- including one key subject I'd never even researched before.
They clearly had not only studied Financial Tyranny... they also knew more about certain subjects than I did. Interesting.
By the time they came to get my interview footage, almost the entire documentary was edited together -- but they needed very specific on-camera information from me.
I wanted a week to prepare for the interview once they sent me the questions.
However, I then found out -- on Friday, December 7th -- that the air date was December 16, 2012. They needed me to be ready to shoot within less than 48 hours.
I rushed to get a haircut. I then published a very brief website update, with a teaser about this important shoot I needed to "clean up" a bit for -- going for a shorter look.
Then, on Sunday, December 9th, REN-TV's American correspondent visited our Divine Cosmos headquarters building -- and filmed me.

Here is the letter that the production company sent Benjamin Fulford as of December 3, 2012:

From: _______
To: Benjamin Fulford
Subject: TV Russia
Date: Mon, 3 Dec 2012 12:21:24 +0400

Dear Mr. Fulford!
My name is _____ _____. I am a producer of the Russian TV-channel "REN-TV".
You have given us an interview a few months ago for a documentary movie.
Now we are shooting a 3-serial film about financial corporations who control the world. We’d like to take an interview with David Wilcock but we cannot get in touch with him.
We know that you have done it some time ago and would like to ask you to support us contacts of Mr. Wilcock.
This information is important for us and we count on your help.
Sincerely yours,
______ ______

Here is the letter we were sent on December 4, 2012 after I responded to the email address in the previous message.
Dear Mr. Wilcock!
My name is _______ _______. I am a producer of the Russian TV-channel "REN-TV".
We have read your work «FINANCIAL TYRANNY: Defeating the Greatest Cover-Up of All Time». This book impressed us very much.
We decided to shoot a 3-serial documentary film about financial corporations who control the world.
This film will be shown by one of the leading Russian TV-channels [REN-TV.]
We would like to take an interview with you on camera to include it to our movie. Is it possible?
Our correspondent will come to a suitable for you place. Your information is important for us so we count on your help.
The mission of our movie is to spread the truth about those who control the world among Russians.
Sincerely yours,
_______ _______
The local American correspondent who filmed and interviewed me did not have very much information about the program.
All he knew was that my total talk-time in the interview footage was supposed to be constrained to 4-6 minutes.
In order to go through 11 questions that quickly, I was forced to keep everything much shorter than I would naturally have preferred. Each question had to be answered in as few sentences as possible.
I also was repeatedly asked to speak more dramatically than I normally would -- for added intensity.
Between writing it, shortening it and adding intensity, each question required 2-3 takes before I got it right.
The correspondent was under the impression that the whole show might not be more than a 4-6 minute spot. However, this was not what the email sounded like.
He admitted to me that he really was not told anything about the show except the questions and how long I was supposed to take on each one.
Based on the emails I just showed you, there is a distinct possibility that it will be longer than he had assumed -- but until we see it, I cannot guarantee that it will be any longer than 4-6 minutes.
However, the content of their questions was so powerful that even at 4-6 minutes, this will be a massive game-changer -- the first-ever mainstream media video revealing of the truth to the mass public.

I do seem to remember hearing that this would air during primetime, between 7 and 8PM -- but I cannot find any documentation on this, so that also may be incorrect. It could be any time today. It may have already aired by now.
Either way, it should appear on their website, on the schedule, after it has aired. Unfortunately, right now the online schedule only lists shows that aired up to the 13th.
I do hope we can capture it and watch it on YouTube, and we are working on that.
If you have the means to find a REN-TV feed and capture this footage into a video, please do.
The production company has been scrambling to finish this by the 16th, and since I gave them the footage I've had only a few more emails' worth of brief contact with them.
They were particularly excited by one thing I said -- and asked me for more information and clarification, which I provided.
Due to the high security risks associated with this production, I did not want to publish this article until well into the day it was slated to air.
This was to minimize any possibility that the broadcast could be successfully disrupted.
Now we are close enough that I'm not worried about it anymore.

On December 13, 2012 -- just three days before the Russian documentary series airs on REN-TV -- an "official" independent video on the Keenan lawsuit, put together by Michael Henry Dunn.
Michael worked as a story analyst for CBS in Movies and Miniseries, and worked freelance for top producers including Michael Mann and Michael Douglas. He has also worked professionally as an actor and is a talented musician.
Michael appeared on the radar recently when he wrote a surprisingly good-quality "Disclosure speech" for President Obama on October 19, 2012. Here are just the opening sentences of this amazing document, with a link to the rest:
My fellow Americans, and my fellow citizens of the world,
Shortly before I took office four years ago, I became aware – as every president since John F. Kennedy has before me – that a shadow government of financial interests exerts a pervasive control over the affairs of this world, and has done so since at least the early years of the 20th century, if not long before.
It was made clear to me at that time by representatives of these interests that the parameters of my power as president would be severely limited by the dictates of this shadow government.
John Kennedy was the last president to directly confront and oppose the dictates of this hidden global regime, and his death has served as a warning to future occupants of the White House ever since.
I recognized at that time that the Constitution that I had sworn to uphold and preserve had already, in fact, been betrayed, and that the republic envisioned by our founders had been systematically dismantled by this shadow government, whose agenda and goals are diametrically opposed to the ideals of freedom and equal opportunity upon which this country was founded.
It was made clear to me, moreover, that this shadow government has controlled and manipulated the outcome of every presidential election since 1968, including the election that brought me into office.
This shadow government has been controlled since the 19th century by the banking families of Europe, headed by the Rothschilds and Warburgs, and their so-called “bloodline” allies in European royal families, represented in this country by the private banking cabal that controls the Federal Reserve System.
The agenda and goals of this cabal were entirely self-serving, with the avowed goal of reducing the population of our planet by the mass elimination of billions of human beings through war, starvation, and disease, leaving a remnant of half a billion debt slaves.

As I said, Michael produced and released this new video as of December 13, 2012. The original link is here -- and had reached over 25,000 views by the time I wrote this update, three days later:
I couldn't help but laugh when I saw this. Synchronicity strikes again!

The current, scientific estimate of the number of years in the "precession of the equinoxes" -- the great cycle that just happens to be ending in five days -- is precisely 25,771 years.
"According to the Hindi commentary, the final value of period of precession should be obtained by combining +199669 revolutions of ayana with −30000 revolutions of sampaat to get +169669 per Kalpa, i.e. one revolution in 25461 years, which is near the modern value of 25771 years."
The new version is rendered at a much higher and "cleaner" resolution. It literally just appeared as I was posting this -- though no overt coordination took place.
In fact, I was only the 29th viewer:
The first half is an exciting overview of the information we've been discussing in this article -- and throughout this investigation.
Michael is a professional voice-over artist, among other things, and it really shows in his narration of the first half of the video.
Michael also works as a musician doing "kirtan" music, and the music in the video is by Terry Glenny, a violinist who has worked with Michael as well.
The second half is a video interview of the man I know to be Neil Keenan -- the "pit bull" who was tough enough to take on the most powerful and lethal "Illuminati" gangsters in the world -- and stay alive in the process.
I can confirm that the man in this video is indeed Neil Keenan.
This is the same man who sent me the pictures you have just seen, via email, beginning in December 2011.
He also provided me with hundreds of other documents I have not published due to their sensitivity.

Here is the freshly-minted new version of the video as it now appears online, with much higher resolution than the original.
Immediately after this video link, I have included a full transcript of its contents. In a few places I added extra words in parentheses to make it more readable in printed form.
Here is a full transcript of the text in the video -- including Neil Keenan's remarks.
The global debt crisis is a fraud.
The bankers would have us believe there’s just not enough wealth to feed the hungry.
Not enough economic growth to create jobs.
Not enough money to pay global debts – or to deal with climate change.
Not enough gold to back our money with something real.
It seems there is only enough money to keep paying interest on massive debt – to the bankers themselves.
The truth is there’s more than enough for everyone. And the bankers have known it for a long time.
They decided long ago to keep that to themselves.
But now their cover has been blown. The truth is coming out.
And the hidden wealth of our planet – an astounding abundance in the hundreds of trillions of dollars – is about to become available.
But not to the banks. Not to multinational corporations.
But to the people.
To those who are making a difference.
To deliver free energy. To help farmers. To fund health clinics.
To empower women in the developing world.
And to remind us all how it feels to be free. To enjoy a day of peace and sunlight.
It all sounds far too good to be true. But it’s real. A new day is about to dawn.
An alliance of over 160 nations has banded together to create a new and fair financial system – and to restore the stolen wealth of the nations to its proper guardians.
For nearly 200 years, the central bankers worked to control the currencies of the world by seizing the global gold reserves – by means of war, conquest and theft.
[They also did this] by taking from the people the power to coin money, and placing it in the hands of central banks – controlled by a small group of tightly-knit banking families.
The hidden trigger behind many wars, their quest for control of the world’s gold finally succeeded after World War II.
[This was] when this accumulated wealth of many nations, now known as the Global Collateral Accounts, came under the control of the victorious allies.
It was agreed [that] the accounts would be used to restore and heal the world.
President Sukarno of Indonesia, where much of this gold was hidden, became Trustee, on behalf of the nations, to guard this fund – so it would benefit mankind.
But the bankers had other ideas.
The fund was secretly abused by the elite and used to foment wars, to topple governments, and to fund top-secret projects – removed from the people’s knowledge.
In 1963, John F. Kennedy quietly worked to put the Federal Reserve out of business – and return the control of currency to the American people.
In Geneva, Switzerland, he signed the Green Hilton Memorial Agreement with President Sukarno.
[This Agreement allowed the US Treasury] to borrow funds from the Global Accounts to back new Treasury dollars – and remove the power of the central bankers to control America’s destiny.
On November 11, 1963, he signed Presidential Directive 11110, to authorize US Treasury silver certificates – a direct move against the bankers’ power.
Eleven days later, [President John F. Kennedy] was assassinated in Dallas, Texas.
In the years since then, the central bankers seemed on the brink of taking final and complete control of human destiny.
[They] promoted – with shocking frankness – a vision of a planet depopulated to a more “manageable” number of about 500 million.
But the human spirit has proven more resilient than they knew.
A generation of brave new voices began to seek the truth behind the façade.
And the emergence of the Internet allowed a flood of previously hidden information to reach the people.
In late 2011, David Wilcock revealed to the world a groundbreaking lawsuit filed against the banking interests.
And the world first heard the name Neil F. Keenan – an international businessman who had been appointed Trustee of 134 billion in bonds by a group of powerful Asian families.
When these funds were stolen by certain factions of the banking cabal, Keenan saw it as his responsibility to recover them on behalf of the rightful owner.
[Keenan] followed one evidence after another until the trail led to the Sukarno Trust, to Indonesia, and to the truth of the stolen wealth of mankind.
In Monaco, in the fall of 2011, an accord was reached by a group of non-aligned countries – now more than 160 -- to unite against the Western oligarchy.
[They agreed] to create a new financial system – using asset-backed currency, and anchored by the newly-freed global collateral accounts.
Upon the signing of the agreements, the assets will then be released to the Keenan group.
[This group will] help guide this inheritance of mankind and free it from oligarch control – which hijacked the system not once, but twice over the last 60 years.
The agreement will finally free Indonesia to thrive – as President Sukarno, elected by the world as M1 Monetary Controller, had anticipated – through the establishment of humanitarian projects using the Global Collateral Accounts.
Mr. Keenan has been chosen through ceremony by the indigenous elders of Indonesia.
[They] have been guardians of the Global Accounts for more than 60 years – people of immense integrity – to control and manage these accounts for their originally intended purpose – the benefit of humanity.
And now, taking a few minutes from his busy schedule in the heat of Jakarta, Indonesia, a message from Neil Keenan.
Hello. My name is Neil Keenan.
I would like to update you for the first time in relation to the re-filing of my case, and also the Global Accounts that we are working on here in Jakarta.
We are in Jakarta at this moment, in Indonesia.
We are nearly complete with the preface in relation to the re-filing of the case.
After that, we will include the jurisdiction and the new evidence that we have procured from a very main source. [Laughs]
[This is] an international source that has come forward. Most likely, he says he will be willing to testify – [but] we will find out if he is or he isn’t.
That’s the key to that. If he does, then the whole thing just explodes. It opens up every box possible. We will know where everything is hidden.
I am hoping for that. They told me this morning that they are going to do that. So let’s see. Okay? Let’s see.
In the meantime, we do have everything pretty well in place. We know what we’re doing. We’re almost there.
Two months here. I haven’t been sleeping. I’m really tired.
We can go further than that. We can go into the Global Accounts.
I’ve met with various Elders here. I have been very surprised by the response that I have gotten.
They claim that they have been waiting for me for 30 years, and they knew who I was 30 years ago.
I didn’t know who I was 30 years ago!
They claimed that they knew who I was 30 years ago, and they knew I was coming here. I would be here. And I would be the person to help them.
Apparently I am here, and I am going to help them. And we are going to do things with the Global Collateral Accounts.
We are trying to work out the parameters of an Agreement right now, or a mandate – one that will be beneficial to both sides.
Once I get that, we will be able to wrap things up, and enter them into the trading programs.
We have the traders already in place. We have the banks.
We have to audit the accounts before we can do anything, because we have to know what’s real and what is not.
And that’s going to be a hum-dinger, I’m sure.
That might take some time – but when we get enough out, when they audit enough, we can probably put it in package form -- and start helping the nations of the world.
In the meanwhile, we should be able to help Greece. We should be able to help Spain and Portugal and Ireland.
We should be able to save them from those culprits – the European Commission.
All in all, we’re looking good. We’re really looking good.
The reason why I’m doing this, and I’m telling you this, is because it’s Christmas. (Smiles. Laughs.) And I have a big heart on Christmas.
You will find out soon the rest.
By the way, if you don’t know about this, Daniel Del Bosco approximately three years ago did steal Federal Reserve Notes from me.
They were owned by the Dragon Family, but they were entrusted to me.
If he hadn’t stolen them, we probably would have free energy today, in the world.
That’s what we were going to do with those notes. Place them into trade.
We had a cashier’s check coming for 13 billion, which would have gone to the Dragon Family and toward the free energy itself.
So I’m sorry that we never got that far. We were a day short. What did my father say? A day late and a dollar short. That’s what we were.
Dal Bosco took them, ran with them. He fled to the Italian government, he fled to the United Nations, he fled to the World Economic Forum and anyone who would listen to him – the OITC and anything else.
Daniel Dal Bosco is the reason we don’t have free energy today. Okay? Because it was all planned. It was all set. He knows it very well.
Anyway, I wish you all a Merry Christmas and a Happy New Year. Happy Holidays. Enjoy your turkey or whatever it is you’re going to have.
And I hope, right before Christmas, we have an announcement to make. A good one. For you, for me and for everyone.
Thank you, and enjoy your holidays, as I said. Take care. God bless.

I do not know who the "very main... international source" is. That information is too sensitive to be shared by any means.
There is a lot more to this story going on behind the scenes. I may say more in an update, but it's late now and I need some sleep.
Anyone who has written this whole thing off, and believes that "nothing will happen," is sorely mistaken.
In the meantime, while we "wait and see," this new video, the REN-TV documentary and these stunning new photographs should give you something to think about!


A Russian reader, Dmitri, just uploaded a video to a REN-TV documentary, "Territory Misconceptions", that clearly mentions Bretton Woods, the Federal Reserve, World War II and Financial Tyranny.
I don't have enough information yet to see if this was the first segment of our three-part show, or when exactly it aired. I do not appear in this one.
This may have been an earlier precursor to what was supposed to air today. Or, if this did air today, it appears to be the first of a three-part film -- as REN-TV said in their emails to Fulford and me.
The score is quite dissonant, jarring and invigorating and there are lots of quick-cut edits. If someone can pop in English subtitles and re-upload this, I will publish that link here.


REN-TV got back in touch with me this morning after I sent them a link to this article.
I can now confirm that what you just saw is NOT the beginning of the three-part documentary series they are putting together.
My interview footage will be one of the main features of this three-part series when it comes out.
For whatever reason, the original airdate of December 16th has been slightly pushed ahead. This often happens in television!
They may well have gotten more "sizzle" than they expected. The finished product will almost certainly be a watershed Disclosure event.
I do apologize for this scheduling mistake. I passed along what I was originally told.
I will keep you closely updated as we learn more. It does appear that we will be able to get a video when this comes out. Then we can translate it.
I am now going into deeper talks with the network, which is good.
Just seconds after I finally uploaded this article for the first time, I went back to look... and exactly 5 hits had already come in.
I started working on this piece at 00:55 and finished it at 05:02, with 5 revisions.
And... it's now 5 days until the end of the Mayan Calendar -- just as this investigation is finally reaching the mass media!
It may mean nothing... but for those who like this kind of thing, have at it!
As we move 24 minutes forward and I'm doing a final on-site re-read and minor editing tweaks, we had another interesting one:
LOL... apparently we're going for three! Enough editing. I definitely need to get some sleep... it's (ahem) 3:30 AM right now.
Hang on, there was one more. I just clicked out of here and one of the hit counters on my summary page was at 193777. Is this title -- "Will 2012 Be the Year of Freedom" -- the message this all was meant to convey?
Who knows... but I must say the evidence is increasingly compelling -- on a factual, provable level.

Interesting. I just came in here to do another update about REN-TV extending the airdate slightly, and mentioned how we are now in deeper communication.
As soon as I wrote this, posted it and clicked out, my summary page had yet another repeating-digit synchronicity on it.
The hit counter for my previous article was at 51110. This is curiously similar to 11110, the executive order Kennedy had intended to use to take back the American currency from the Federal Reserve.
I do believe this is not "coincidence" or random.
Now I just had another one -- right after I finished uploading the next data point in the next heading below. This time it was the Camelot TV show announcement -- at 173111 hits. I'm impressed!
OK... I just had important contact with REN-TV by email and I got the impulse to "check again" before logging out. Now this article I just wrote was at 22297 hits on the summary page!
As of 9:21 pm, I finished adding additional quotes on the 12/14 article about UBS being fined for $1 Billion, along with HSBC at 1.92 Billion. I clicked out -- and now "Will 2012 Be the Year of Freedom" was at 194440 views!

I also just had an interesting one in the car -- the day before Neil's video came out. This seemed to indicate that something good was about to happen!
The odometer was at 102121, the tachometer at 555.9, and the clock was at 4:44 PM -- right as I came back from an hour-long walk.
This is getting very interesting.

Great news! This is not going to be a 4- to 6-minute "puff piece." It is a full-on three-hour special, and it will air on prime time in Moscow -- 8 to 11 pm.
I was just told that the entire second hour -- 48 minutes without commercials -- is "David's section". It will prominently feature the information I gave on-camera -- and they are very happy with what I did.
Since my answers were an average of 3 minutes per question and I had 11 questions, that may well mean that every answer to every question will actually "make the cut."
The first and third hours will develop the subject even further.
Financial Tyranny is the source text for the entire show -- they found it "very helpful" -- and they apparently have other information sources as well. The information in this article is also now going in.
I was told that the full spectrum of subjects and information I presented in Financial Tyranny are going into this show.

It is obviously very significant that this will air in prime time for Moscow -- 8 to 11 PM. I will keep you updated as we go.
This is extremely exciting -- and has the potential to create incredibly positive changes.

In my dream this morning we were rebuilding an educational center for Asians that had been nearly destroyed on one level. Otherwise it was a gorgeous, expansive and very modern university building.
The whole second floor had to be gutted out to the bare wood, due to some kind of disaster. You couldn't even use stairwells to climb into it. Only elevators that bypassed it.
Workers were now feverishly rebuilding the whole second floor, but you could still see all the bare wood and the stairwells still hadn't been re-done. The only access was by elevator.
Then I found out that the damage was at least partially due to this "snake problem." However, they had almost all been eradicated and it was not considered a problem anymore.
One of the very last snakes, if not THE last, appeared right in the room I was standing in, on the first floor.

It seemed very weak. It was dazed -- not able to move normally. Its skin seemed thin, withered and diseased. I stepped on it about a foot below its head, and then chopped its head off with a shovel.
I then dumped the contents of the snake into a nearby metal mop bucket. The entire thing had already turned to liquid inside.

Its entire body just poured right out as brownish liquid -- clean, with no chunks. All that was left was a clear cellophane wrapper where the skin had been, which I just dumped into the bucket as well.
The other person in the room told me they were really surprised that I had just dumped all that juice into a filthy old metal mop bucket.
I was told that this liquid was called "Asian Snake Vinegar" -- and was a very highly prized delicacy.

Interesting. Just as I wrote this, I've got a group of what sounds like seven or eight coyotes ripping some prey apart, right in my backyard, and screaming like mad.
If you've never heard it, it's blood-curdling. Utterly primal.

Here is a video of a much-less-jarring but still powerful example of it. Here there's probably only three or four. What I just heard was about seven -- and much worse.

This timing definitely did not seem like a coincidence. It started immediately as I wrote the "Asian Snake Vinegar" sentence.

Despite how unnerving the sound of this is right now, I do feel this is another symbol of how things will indeed work out -- and the wheel of karma keeps on turning, even on a global level.
The context of this whole synchronicity was my writing that this show is going to be a full three-hour exclusive, on prime time, with one of the largest and most popular TV networks in Russia.
I certainly do not wish to see anyone tortured, killed or harmed. This was a symbolic event. In physical terms, we do need to fix the problems and create a healthy world for everyone.
Now more than ever, I am seeing this start to happen -- and I am very encouraged. It appears to be part of an ancient script for the times we're now in that is now, finally, coming to fruition.

I just wrote that last sentence, posted it, and immediately saw that my second-to-last article -- announcing my show on National Geographic -- now had 82222 hits.
A 'quad' is even more powerful -- and difficult for your Higher Self to align with and hit -- than a triple.
It just happened again as of 1:37 pm! I came back to update the page about Michael Henry Dunn, and now this same article was at 82444. (Perhaps I should be in Vegas right now!)
I am still fascinated by this phenomena after all these years. Seemingly random behavior -- like when I finished this update -- turns out not to be random at all.
This is further reinforcement that the dream and coyote symbol that just happened were very real -- and presage highly positive changes in our near future.
"It's Getting Better All the Time..." Paul McCartney / John Lennon / The Beatles

I am still reeling from the initial shock of finding out that whomever passed Neil these pictures of currency had just pulled them off of the Internet.
I decided to immediately "suck it up", tell the truth and apologize as soon as I found out.
I also made it clear that I do not believe, in any way, that this discredits the overall investigation.
As soon as I posted that update, I was back to the summary page. Now there were two different 444s embedded into the hit counters -- simultaneously.


As you can see, this article was at 84441 hits when I posted it, and the Camelot television announcement piece was at 174442 hits.
One immediate lesson for me in all of this is that when we are trying to heal the planet from the strongest and darkest negativity there is, we can expect lots of lies, deceptions and dirty tricks.
I will do my best to be careful and I thank you for helping me conduct this investigation and find the truth, no matter how painful it may be in the process.
We received persuasive readers' feedback to delete the images of currency, now that we knew they were fake, and that links to their original locations were provided in the comments section.
This way, "skimmers" would not be misled into thinking the images were really from an Asian bunker, and unwittingly get embarrassed by telling others to look -- without reading the rest of the story.
As I read this and wondered if the images should be removed, my finger involuntarily clicked and opened up a new browser window. I saw this as a clear sign to take action and do it.
I took out the fraudulent images and wrote more about how this seemed to have been a strong attempt to discredit the whole story. Someone is deliberately lying to us. It's a classic psy-op.
However, the reality is that this seems like a desperate attempt. Now that we know these images were fake, this flushes out the liars and gets us closer to the truth, even faster.
So who was the liar in this case? Who was responsible?

Right after I wrote the update and posted it, I was back on my summary page yet again. The "Olympics Illuminati Ritual" piece had a 666 in the hit counter -- at 154666!

Take it for what you will -- the tinfoil hat seems very snug right now -- but in all my life I've never seen so many synchronicities happening in such a short time.
I will not let this obvious "DDT campaign" (Decoy, Distract and Trash) get me down.
The big news is the 3-hour Russian TV special. I am happy to be involved in it so directly, but either way what really matters is that the truth gets out there.
Something real IS going on in the world, it DOES need to be stopped, and it WILL be stopped.
Together we can, and we will, find a solution. I thank you for your help in this quest.

This is too bizarre. I just posted the above mini-update, and this article had just hit 88802 hits in the summary page as it came up.
And it's now 12:21 AM.

"May we live in interesting times..."
And it's still not over -- after I just posted the above. The server time I posted it at was 2:22. And when I then previewed it online, it still had a triple in it (which isn't that surprising, but was still interesting.)

In case you didn't read the earlier update halfway through this article, as soon as I talked to Neil this morning, he knew who sent him all the currency pictures -- Keith Scott.
As I wrote in the above update, which appears right after the new pictures of bonds, Keith has formed his own "faction" -- and Neil felt highly betrayed and disgusted by what happened.
Apparently Keith told certain countries that he could sell them future ownership of the gold in the bunkers -- once the Federal Reserve is defeated -- at a deep discount.
The idea was to then take their money and "ride off into the sunset", while discrediting the rest of us. It did sound plausible.

At the time this all came out, the story was very complicated and I was too weary to get involved.
After these currency pictures were sent to me, my friend died an extremely gruesome death right around the corner from my house -- on Easter Sunday.
I almost had to go to the morgue to help the police identify his body, even though he had his ID in his wallet -- but thankfully did not have to.
Then my top insider went through a horrific poisoning -- by a highly advanced viral weapon that creates an apparent heart attack -- and came very close to dying as well.
Both of these events have been documented here, extensively.
I simply never mentioned any of this Keenan / Scott mess when it emerged, as I was so shocked by these events in my own life -- but I was not intimidated. I kept going.
I will not give up and I will not stop working. I know I can help co-create a better, brighter future for humanity, and I want to do my part.

I admittedly have very little firsthand evidence, and do not want to throw accusations around unless I have proof.
We do now have proof, from simple Reverse Image Search, that almost every currency image I published was already online. We are now looking for the emails that prove Keith Scott sent Neil these images.
I am also hearing from Neil now that the Asian Elders had tried to send Neil a message through Keith, and it was never received.
When they found out that Keith had failed to convey to Neil this very important document, they apparently became quite angry, and kept saying "Liar! Liar!" in Neil's presence.
I also spoke to another witness, while on the phone with Neil, who independently confirmed this. The event I just described was witnessed by several individuals who were there in person.

I try very hard not to say anything negative about anyone. However, in this case the whole blow-up happened months ago, and has been thoroughly documented on Jean Haines' website.
I was quite surprised and disheartened to see that Keith had seemingly betrayed Neil to begin with, and that factions formed with each side wanting me to go with them.
I stuck with the facts as much as I could, listened to my "gut," incubated dream data on the subject, and decided not to make a stink about it -- and to continue trusting Neil.
I do believe that was the right decision. There is obviously more to this story, which will probably come out in time, but at least now we know who sent us the images.

Keith is definitely an insider, and in many cases this culture is so corrupt that lies are just used as an expediency to get what they want. I have had to be very careful for that same reason.
I only stick with the people who have proven they can be trusted, as much as possible.
I thank you for standing with me in this struggle to free humanity.
Hits: 167309


“Will the meek inherit the earth, or the internet geek?”

-Pat Parker

You might enjoy:

Divine Cosmos Meditations
Comments (355)Add Comment
Wils W.
December 21, 2012

Hi everyone- Check out Mayan Star Chamber photo on David's Facebook page!
I've posted a picture of a Mayan Star Chamber that I found in 1989 while climbing of ruins far off the beaten tourist trails at the Mayan city of UXMAL south of Merida,Yucatan Mexico. The fact that two heads of off worlders appear in the carvings and a fantastic carved onyx reclining Jaguar chair for rituals which when in the reclining chair allows one to view the skies out of a round portal in the ceiling. Check it out please.
Wils Weisner 12/21/2012

December 21, 2012

Hang in there everybody! Stay positive! smilies/grin.gif

December 21, 2012

Well the day daivd has talked about for sooo long is here.. happy dec 21,2012

December 21, 2012

Thank you Mod for your beautiful comment! I look forward to the Russian special.

December 21, 2012

I will say it again:

Each time there is a major solar eclipse, or anything that has to do w/ affecting our vibrations, it rains, or there is some type of storm. I found it quite suspicious last night, when I checked the forecast, there was high wind and rain for today, Friday, 12/21/12. I'm just shaking my head. They will do anything to keep people off guard.

Failure is not an option.

~Peace & Love~


December 21, 2012

Have seen the most synchronicities in the past 24 hours than at any other point in my life. So far the count is at, you guessed it, 13....

Those interested in experiencing more synchronicities: Go out and purchase some Moldavite. The Grail Stone. Extremely rare, found only in the Bohemia region of Europe. The product of a meteorite collision with the Earth 14 Million years ago, it is the only 'extra-terrestrial' stone, and one of the highest-frequency gemstones on the planet.

For more info, check out the Moldavite book by Robert Simmons.

Even a small piece well set you on a path of rapid spiritual evolution.

Just in time for the birth of the 6th Sun.

Happy 12-21-12 Everyone! I Love You All!

David Bourke
December 21, 2012

I got up this morning, all excited because it's the Big Day, and look out my window. And what do I see? A sun so bright I couldn't look at it set in a beautiful clear sky.

And three chemtrailers spewing out their poisons high over Dublin, Ireland.

Didn't these guys get the damn memo?

Incidentally, I suffer from a horrific systemic skin disease developed by The Powers That Were for which I've been using a Rife machine at night while I sleep. For conditions that involve tumours, pathogens, and/or parasites, you will normally get an immediate mild Herxheimer reaction - mild kidney pain, mild nausea, mild headache.

On the night of December 12, out of nowhere, I developed excruciating kidney pain so bad I could barely stand up straight, nausea so severe I had to bring a bucket in to leave by the bedside, and the worst headache I've ever had in my entire 60 years on this planet - and that includes Irish hangovers (which are legendary).

I hadn't used the Rife machine for 24 hours. Or ingested anything else that might have caused such a monumental Herxeimer reaction. So what do you think caused this?

Since then, my condition has improved rapidly day by day.

When DNA changes (AKA mutation), it's logical that the old diseases no longer work because the terrain is so radically altered. With, perhaps, an upgraded immune system?

I have no more doubts now. This is real. This is happening.

December 21, 2012

Welp, here we are... Think we will get an update today? Im kind of hoping something will happen today or tomorrow to show that the mayans had a reason to outline this date

December 21, 2012

smilies/cheesy.gif My part of the world is still here, hope this goes for the rest of the planet! We are heading towards brighter times. I wish you a peaceful Christmas whatever your beliefs may be smilies/wink.gif

December 21, 2012

In response to 'D', December 17th

First of all, Executive Order 11110 was signed on June 4th, 1963, not November 11th. Why Keenan would claim the later when it's easy to verify the June 4th date, I don't know.

I do, if you read the transcription and watch the video again, you will find that Neil Keenan did not make this error. Michael Henry Dunn did. Neil made no mention of kennedy in that video whatsoever.
So the U.S. government was already issuing silver-backed certificates and didn't need to borrow anything in order to issue new ones, but Kennedy wanted to replace them with Federal Reserve Notes.

Did he? Or was it a matter of others trying to control and force him into using them? Those two sources you linked, one being wikipedia :/ to be honest don't exactly prove anything about kennedy wanting to use fed notes. In fact, there's no mention of kennedy there whatsoever, just 'treasury' and 'government'.

"Once the Treasury stopped selling at that price, market quotes for silver quickly rose. In June 1963 the Treasury replaced the $1 silver certificate with Federal Reserve notes."

Kennedy was a puppet to the cabal like any president, even though he was against the fed. If there was any indication he was making such a decision, i would be cautious to assume it was genuinely his wish. It's hard to find an example of any president making such big decisions without finding the puppeteer above them pulling the strings. Either way though, Kennedy's legacy is an entirely different subject. I just think it's wrong to assume such a move was Kennedy's choice, especially if it's backed up by a history lesson that doesn't even mention his name in that time frame :p
Now we come to these Global Collateral Accounts. I can easily believe that there are huge hoards of secret gold stored away but the notion that the true owners of that gold, would give it away in order to bail out the United States, is impossible for me to swallow.

Forgive me if i've forgotten a detail or two, but I don't recall reading anything about those countries simply giving it away with the intention of bailing out the US... All I recall David's articles on this, and Neil's updates, even Ben Fulford (who i'm not 100% convinced about but still) is that their gold was conned out of them 'for safety' after the world war, hence it being classed as being 'on deposit' and that those who refused had it stolen from them. Please can someone correct me if I'm wrong here?
And having already been conned by the U.S. government/Federal Reserve with worthless 'monopoly' money,why would any of those countries accept any kind of written promise to repay the gold again?

Because refusing to accept it would achieve nothing. I'm guessing here the written promise to repay gold you are referring to is them giving huge quantities of paper money this time around, the money kept in those bunkers? Accepting it, or at least giving the fed the impression they had accepted it, would at the very least be giving them more evidence to use against them in the lawsuit. It would mean letting the fed hand over more evidence of their fraud and corruption, better that than refusing and fighting an endless battle right? That's how I see it anyway, seems like a smart move.
I don't believe they would and if they get their gold back, I believe that at least some of them would sell a good portion of that gold, thereby causing the price to collapse which, by the way, is the prediction of Elliott Wave Theory (, that has a very impressive track record of correctly predicting changes in the trend of prices for stocks, bonds and precious metals.

What makes you think any of them would sell a good portion of the gold, after fighting to get it back after all this time? After realising how important it is? Like you pointed out, selling a lot would cause the price to collapse eventually. I would disagree and predict that upon the return of this gold, after such a long time trying to retrieve it, the owners would think very carefully and wisely about how to use it. Why would they suddenly decide to sell it off as soon as they retrieved it, just to attain more paper currency, other precious metals perhaps? What would that achieve?
One other point. Ren-TV had to get your email address from Fulford. How is it that all those whistleblowers know how to contact you? Did they all contact Fulford first? Did they exchange your email address amongst themselves? If they know each other, then you can't really consider them to be independent (of each other) sources, can you? That would make me wonder how credible they are.

I think this was simply a case of not knowing. They were in contact with ben already weren't they? Ren-TV asking him for david's email does not mean all of his sources are unreliable.

Billy Joe McLaughlin
December 21, 2012

This morning, I felt a rush of energy passing through my body. It felt kind of like the tingling you feel when a body part goes to sleep, only about 100 times stronger. It felt good, not bad.

My hand where the feeling was concentrated, felt like a faucet had been turned on full force. It didn't matter how I moved my hand, I could feel the energy flowing.

I still feel the energy, but I think I have become more used to it. It doesn't seem to be as intense, probably because I have adjusted to the feeling.

Maybe it doesn't seem a lot has happened, physically. But mentally and spiritually, I have never felt energy like this.

Like the Moderator said, the day has only just begun. The positive energy feeling is a rush, I can't deny.

We've only just begun, one thing I know for sure, the world isn't ending. Only the way that we knew it, thank you and blessings to all!

Love & Light
Billy Joe smilies/smiley.gif

December 21, 2012

Happy 12/21/12. I was waiting in my yard on a magic carpet, but nothing happened. Except a nasty wind storm that ripped up my roof. Ah well maybe in another 12 years

December 21, 2012

Sending love and healing to all of those who had their hopes set upon "the big shift"

That you keep your sanity and keep healing your wounds and dissapointment

if you didn't get it:

the world as we know it has ended over and over in every moment since beginning of times

Do you understand?

Love Bart

December 21, 2012

Happy 122112! It is somewhat hard to believe we have been waiting eons for this moment. I love you all, and I wish for you the purest of love and light. Let's be the change we've been looking for! A new age has arrived. smilies/grin.gif

Michael Bacon
December 21, 2012

Happy 2012 Winter Solstice.

Happy Dawning of the Age of Aquarius

Happy Galactic Realinement.

The Show must go on ...

Brandy Odle
December 21, 2012

A blessed 12-21-12 David!

So very grateful for all that you do - Love & Peace fellow messenger of the light x

December 21, 2012

Happy Winter Solstice everybody.... May we learn to act from our hearts collectively to help all beings. May we grasp difference as the path to unity and be well together. May we rise as beings so that the Galactic Community can better reach us. I personally invite all ascended beings to guide me carefully and closely towards joy.

Christa from Holland
December 21, 2012


Much Love All Ways,
Christa ;-))

stanley frizzlefry
December 21, 2012

happy 12-21-12!

the big day is here! may it bring a new era of peace, love, understanding and universal prosperity to us all.

may the infinite creator be with you all!

your buddy,
stan frizzlefry

December 21, 2012

Happy 14th Baktun David!!!!! Thank You for everything you do, buddy. Happy Holidays My Friend.

Jessica J
December 21, 2012

I read this post at 1:11 am and there are 147771 hits.

Jessica J
December 21, 2012

I read this post at 1:11 am and there are 147771 hits.

December 20, 2012


Much gratitude to you David. We Love You.

December 20, 2012

Bryan Kemila's Take on Sandy Hook School Shooting:

Scroll down to :

Sandy Hook School Shooting December 14, 2012

There is a lot on the page, so if you want to find it faster, press the Ctrl plus the 'F' buttons on your keyboard, and copy and paste the above in the "Find" Window at the bottom of the screen; that's after you press Ctrl plus the 'F button. It will take you to the location much faster than scrolling. The link is below:


That's page 67 on the Illuminati Matrix Page.

Your desire to improve creates the energetic path that allows you to do better. ~Oprah’s Lifeclass~

~Peace & Love~


Dasa Vinayaga
December 20, 2012

1. Obviously, Keith Scott is indeed an insider and committed to destroying the lawsuit that would bring down the cabal. Where is this effort now? Is Neil forging ahead without Scott? How much damage is done?

2. Thank you so much for all your amazing work on behalf of humanity. Please let me know where I may locate anyone who treats health issues with the 380 nanometer red laser as you describe in "Source Field Investigations."

[Moderator: Some people rent out "Q1000" lasers which specifically has an "808 Enhancer" that is fda approved for use on animals, you wild thing. I am not sure if you can rent one in your area but you can try googling it, unfortunately the are about 6500k to purchase. There is a place called "Pacific Laser Therapy center" I think near Ojai or Santa Barbara CA that uses soft lasers, which are 25k machines, that are much bigger than the Q1000, and its pay per visit... and there may be other laser therapy centers like this across the U.S. if not the world. I know there are other ones in L.A. that help people quit smoking and do laser acupuncture.]

December 20, 2012

@ Mack - I love what you said in your post here to David:
[In a world of lies, you are one of the very few commentators on world events that I trust. You have allowed us to see you, both your best foot forward and your unguarded natural self, both your strength and weakness; and this engenders trust. ]

I have thought & felt that exact thing so many times and you put it in words perfectly.
Thank you.

and, a small BTW to David & Mods, I for one really like and appreciate the way these articles are updated in red within the text of the article itself according to pertinent points & developments.
It is extremely efficient & so easy to reference exactly relative to original info.

Just my personal opinion of course, but I think that when dealing with subjects like these of such depth and wide variety of key elements involved, it would be altogether almost impossible to do any sort of separate follow-up blog post on such data without it being right there in original spots.

New readers might be far more apt to 'lose the thread of it all', and all us 'old readers' already know exactly what to expect and how to quickly find the updated inclusions as progress unfolds.
It's easy, and it makes sense, and simple is good.

So I hope you continue doing it your way, I think it works very well, and has been for a long time now, for majority.
At least it has seemed to all along for those of us who don't mind taking a few extra moments to check through again a few times things that are supposedly of enough import to us to have read care-fully in the first place.

December 20, 2012

Please help to end Chief Teresa Spence's fast.


December 20, 2012

I Echo SusieQ. We are backing you regardless of what happens tomorrow, even if nothing happens. If we are all a bit disappointed, oh well. It was still a heck of a ride all these years with the awesome consciousness expanding and positive articles you so graciously and generously provided for us. Thank you David.

[Moderator: Pablo!! The day hasn't even started yet!!! Maybe you will have revelations of love, which is pretty damn good, better than aliens or ascension I would say. Give 'er a chance!!! I am finding it entertaining right now to read #endoftheworldconfessions on twitter : ) ]

December 20, 2012

Libor scandal
LIBOR gets its name from the City of London, one of the largest financial centres in the world.

The Libor scandal is a series of fraudulent actions connected to the Libor (London Interbank Offered Rate) and the resulting investigation and reaction. The Libor is an average interest rate calculated through submissions of interest rates by major banks in London. The scandal arose when it was discovered that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were.[1] Libor underpins approximately $350 trillion in derivatives. It is controlled by the British Bankers' Association (BBA).[2]

The banks are supposed to submit the actual interest rates they are paying, or would expect to pay, for borrowing from other banks. The Libor is supposed to be an overall assessment of the health of the financial system because if the banks being polled feel confident about the state of things, they report a low number and if the member banks feel a low degree of confidence in the financial system, they report a higher interest rate number. In June 2012, multiple criminal settlements by Barclays Bank revealed significant fraud and collusion by member banks connected to the rate submissions, leading to the scandal.[3][4][5]

Because Libor is used in U.S. derivatives markets, an attempt to manipulate Libor is an attempt to manipulate U.S. derivatives markets, and thus a violation of American law. Since mortgages, student loans, financial derivatives, and other financial products often rely on Libor as a reference rate, the manipulation of submissions used to calculate those rates can have significant negative effects on consumers and financial markets worldwide.

On 27 July 2012, the Financial Times published an article by a former trader which stated that Libor manipulation has been common since at least 1991.[6] Further reports on this have since come from the BBC[7][8] and Reuters.[9] On 28 November 2012, the Finance Committee of the Bundestag held a hearing to learn more about this.[10]

The British Bankers’ Association said on 25 September 2012 that it would transfer oversight of Libor to UK regulators, as predicted by bank analysts,[11] proposed by Financial Services Authority Managing Director Martin Wheatley's independent review recommendations.[12] Wheatly's review recommended that banks submitting rates to Libor must base them on actual inter-bank deposit market transactions and keep records of those transactions, that individual banks' LIBOR submissions be published after three months, and recommended criminal sanctions specifically for manipulation of benchmark interest rates.[13] Financial institution customers may experience higher and more volatile borrowing and hedging costs after implementation of the recommended reforms.[14] The UK government agreed to accept all of the Wheatly Review's recommendations and press for legislation implementing them.[15]

 Early reports of Libor manipulation

 WSJ Libor study

On 29 May 2008, The Wall Street Journal (WSJ) released a controversial study suggesting that some banks might have understated borrowing costs they reported for the Libor during the 2008 credit crunch that may have misled others about the financial position of these banks.[16] In response, the BBA claimed that the Libor continued to be reliable even in times of financial crisis. Other authorities contradicted The Wall Street Journal article saying there was no evidence of manipulation. In its March 2008 Quarterly Review, the Bank for International Settlements stated that "available data do not support the hypothesis that contributor banks manipulated their quotes to profit from positions based on fixings."[17] Further, in October 2008, the International Monetary Fund published its regular Global Financial Stability Review which also found that "Although the integrity of the U.S. dollar Libor-fixing process has been questioned by some market participants and the financial press, it appears that U.S. dollar Libor remains an accurate measure of a typical creditworthy bank’s marginal cost of unsecured U.S. dollar term funding."[18]

A study by economists, Snider and Youle, in April 2010, however, corroborated the results of the earlier Wall Street Journal study that the Libor submissions by some member banks were being understated.[19] Unlike the earlier study, Snider and Youle suggested that the reason for understatement by member banks was not because the banks were trying to appear strong, especially, during the financial crisis period of 2007 to 2008, but rather, because the banks sought to make substantial profits on their large Libor interest linked portfolios.[20] For example in the first quarter of 2009, Citigroup had interest rate swaps of notional value of $14.2 trillion, Bank of America had interest rate swaps of notional value of $49.7 trillion and JP Morgan Chase had interest rate swaps of notional value of $49.3 trillion.[21] Given the large notional values, a small unhedged exposure to the Libor could generate large incentives to alter the overall Libor. In the first quarter of 2009, Citigroup for example reported that it would make that quarter $936 million in net interest revenue if interest rates would fall by .25 percent a quarter and $1,935 million if they were to fall by 1 percent instantaneously.[22] Central banks aware of Libor flaws

The Governor of the Bank of England, Mervyn King, by the end of 2008, described the Libor to the UK Parliament saying "It is in many ways the rate at which banks do not lend to each other, ... it is not a rate at which anyone is actually borrowing."[23][24]

The New York Federal Reserve in July 2012, released documents dating back to 2007 which showed that they were aware that banks were lying about their borrowing costs when setting Libor and chose to take no action against them at that time.[25][26] Released minutes from the Bank of England indicated similarly that the bank and its deputy governor Paul Tucker were also aware as early as November 2007 of industry concerns that the Libor rate was being underreported.[27][28] In one 2008 document a Barclays employee told a New York Fed analyst, "We know that we’re not posting an honest Libor, and yet we are doing it, because if we didn’t do it, it draws unwanted attention on ourselves."[26]

The documents show that in early 2008 a memo written by then New York Fed President Tim Geithner to Bank of England chief Mervyn King looked into ways to "fix" Libor.[29][30] While the released memos suggest that the New York Fed helped to identify problems related to Libor and press the relevant authorities in the UK to reform, there is no documentation that shows any evidence that Geithner's recommendations were acted upon or that the Fed tried to make sure that they were. In October 2008, several months after Geithner's memo to King, a Barclays employee told a New York Fed representative that Libor rates were still "absolute rubbish."[26]

 Regulatory investigations

The Wall Street Journal reported in March 2011 that regulators were focusing on Bank of America Corp., Citigroup Inc. and UBS AG in their probe of Libor rate manipulation.[31] A year later, it was reported in February 2012 that the U.S. Department of Justice was conducting a criminal investigation into Libor abuse.[32] Among the abuses being investigated were the possibility that traders were in direct communication with bankers before the rates were set, thus allowing them an unprecedented amount of insider knowledge into global instruments.[33] In court documents, a trader from the Royal Bank of Scotland claimed that it was common practice among senior employees at his bank to make requests to the bank's rate setters as to the appropriate Libor rate, and that the bank also made on occasions rate requests for some hedge funds.[34] One trader's messages from Barclays Bank indicated that for each basis point (0.01%) that Libor was moved, those involved could net “about a couple of million dollars”.[33]

The Canadian Competition Bureau was reported on 15 July 2012 to also be carrying out an investigation into price fixing by five banks of the yen denominated Libor rates. Court documents filed indicated that the Competition Bureau had been pursuing the matter since at least January 2011. The documents offered a detailed view of how and when the international banks allegedly colluded to fix the Libor rates. The information was based on a whistleblower who traded immunity from prosecution in exchange for turning on his fellow conspirators. In the court documents, a federal prosecutor for the bureau stated that the “IRD (interest-rate derivatives) traders at the participant banks communicated with each other their desire to see a higher or lower yen LIBOR to aid their trading positions". The alleged participants are the Canadian branches of the Royal Bank of Scotland, HSBC, Deutsche Bank, JP Morgan Bank, and Citibank, as well as ICAP (Intercapital), an interdealer broker.[35]

 Fines for manipulation

On 27 June 2012, Barclays Bank was fined $200 million by the Commodity Futures Trading Commission,[3] $160 million by the United States Department of Justice[4] and £59.5 million by the Financial Services Authority[5] for attempted manipulation of the Libor and Euribor rates.[36] The United States Department of Justice and Barclays officially agreed that "the manipulation of the submissions affected the fixed rates on some occasions".[37][38][39]

Barclays manipulated rates for at least two reasons. Routinely, from at least as early as 2005, traders sought particular rate submissions to benefit their financial positions. Later, during the 2007–2012 global financial crisis, they artificially lowered rate submissions to make their bank seem healthy.[4]

Following the interest rate rigging scandal, Marcus Agius, chairman of Barclays, resigned from his position.[40] One day later, Bob Diamond, the chief executive officer of Barclays, also resigned from his position.[41][42] Bob Diamond was subsequently questioned by the Parliament of the United Kingdom regarding the manipulation of Libor rates. He said he was unaware of the manipulation until that month, but mentioned discussions he had with Paul Tucker, deputy governor of the Bank of England.[43] Tucker then voluntarily appeared before parliament, to clarify the discussions he had with Bob Diamond. He said he had never encouraged manipulation of the Libor, and that other self-regulated mechanisms like the Libor should be reformed.[44]

On 19 December 2012 UBS agreed to pay regulators $1.5bn ($1.2bn to the US Department of Justice and the Commodity Futures Trading Commission, £160m to the UK Financial Services Authority and 60m CHF to the Swiss Financial Market Supervisory Authority) for its role in the scandal.[45] US Assistant Attorney General Lanny Breuer described the conduct of UBS's as "simply astonishing" and declared the US would seek, as a criminal matter, the extradition of traders Tom Hayes and Roger Darin.[45] The bank has stated that these and other fines would probably result in a significant fourth-quarter loss in 2012.[45] The fine levied by the FSA, reduced due to the bank's cooperation, was the largest in the agency's history.[45]

 Breadth of scandal becomes apparent

By 4 July 2012 the breadth of the scandal was evident and became the topic of analysis on news and financial programs that attempted to explain the importance of the scandal.[46] Two days later, it was announced that the U.K. Serious Fraud Office had also opened a criminal investigation into manipulation of interest rates. The investigation was not limited to Barclays.[47][48] It has been reported since then that regulators in at least seven countries are investigating the rigging of the Libor and other interest rates.[49] Around 20 major banks have been named in investigations and court cases.[50]

Early estimates are that the rate manipulation scandal cost U.S. states, counties, and local governments at least $6 billion in fraudulent interest payments, above $4 billion that state and local governments have already had to spend to unwind their positions exposed to rate manipulation.[51] An increasingly smaller set of banks are participating in setting the Libor, calling into question its future as a benchmark standard, but without any viable alternative to replace it.[52]

United States investigations

The United States Congress began investigating on 10 July. Senate Banking Committee Chairman Tim Johnson (D., S.D.) said he would question Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke about the scandal during scheduled hearings. Rep. Randy Neugebauer (R., T.X.) chairman of the House Financial Services Committee, wrote New York Federal Reserve (New York Fed) President William Dudley. He was seeking records of communications between the New York Fed and Barclays between August 2007 and November 2009 related to Libor-like rates.[53]

On 4 October 2012, Republican U.S. Senators Chuck Grassley and Mark Kirk announced that they were investigating Treasury Secretary Tim Geithner for complicity with the rate manipulation scandal. They accused Geithner of knowledge of the rate-fixing, and inaction which contributed to litigation that "threatens to clog our courts with multi-billion dollar class action lawsuits" alleging that the manipulated rates harmed state, municipal and local governments. The senators said that an American-based interest rate index is a better alternative which they would take steps towards creating.[54]

Federal Housing Finance Agency Inspector General and auditor Steve A. Linick said in a November 3 memo that Fannie Mae and Freddie Mac may have lost more than $3 billion because of the manipulation.[55]

 Parliamentary investigation

Appearing before Parliament on 16 July, Jerry del Missier, a former senior Barclays executive, said that he had received instructions from Robert Diamond to lower rates after Diamond's discussions with bank regulators. He said that he had received information of a conversation between Diamond and Paul Tucker, deputy governor of the Bank of England, in which they had discussed the bank’s financial position at the height of the 2008 financial crisis. It was his understanding that senior British government officials had instructed the bank to alter the rates. Del Missier's testimony followed statements from Diamond in which he denied that he had told his deputies to report false Libor rates. Speaking before Parliament the previous week, Tucker stated that he had shared concerns regarding Barclays Libor rates because the markets might view Barclays to be at risk if its Libor submissions continued to be higher than those of other international banks. In the midst of the Lehman Brothers collapse, there was concern the bank might need to be bailed out if the financial markets perceived it was a credit risk. Tucker told the committee, “I wanted to make sure that Barclays’ day-to-day funding issues didn’t push it over the cliff." [56]

Libor banks are sued in civil court

Libor fixing operates as a cartel

Libor fixing a banking cartel

It’s just amazing how Libor fixing can make you that much money or lose if opposite. It’s a cartel now in London.

RBS trader in Singapore to Deutsche Bank trader,
19 August 2007[57]

In court documents filed in Singapore, Royal Bank of Scotland (RBS) trader Tan Chi Min told colleagues that his bank could move global interest rates and that the Libor fixing process in London had become a cartel. Tan in his court affidavit stated that the Royal Bank of Scotland knew of the Libor rates manipulation and that it supported such actions. In instant messages, traders at RBS extensively discussed manipulating Libor rates. In a released transcript of a 21 August 2007 chat, Jezri Mohideen, who was the head of yen products in Singapore, asked to have the Libor fixed in a conversation with other traders:[57]

Mohideen: “What’s the call on the Libor?”
Trader 2: “Where would you like it, Libor that is?”
Trader 3: “Mixed feelings, but mostly I’d like it all lower so the world starts to make a little sense.”
Trader 4: “The whole HF [hedge fund] world will be kissing you instead of calling me if Libor move lower.”
Trader 2: “OK, I will move the curve down 1 basis point, maybe more if I can.”

In another conversation on 27 March 2008, Tan asked that RBS raise its Libor submission and noted that an earlier lower figure that the bank had submitted had cost his team 200,000 pounds. In other released instant chats, Tan made it clear that the Libor fixing process had become a highly lucrative money making cartel. Tan in a conversation with traders at other banks, including Deutsche Bank’s Mark Wong said on 19 August 2007:[57]

Tan: “It’s just amazing how Libor fixing can make you that much money or lose if opposite. It’s a cartel now in London.”
Wong: “Must be damn difficult to trade man, especially [if] you [are] not in the loop.”

 Mortgage rates manipulated on reset date

Homeowners in the US filed a class action lawsuit in October 2012 against twelve of the largest banks which alleged that Libor manipulation made mortgage repayments more expensive than they should have been.

Statistical analysis indicated that the Libor rose consistently on the first day of each month between 2000 and 2009 on the day that most adjustable-rate mortgages had as a change date on which new repayment rates would "reset". An email referenced in the lawsuit from the Barclay's settlement, showed a trader asking for a higher Libor rate because “We’re getting killed on our three-month resets.”[58] During the analysed period, the Libor rate rose on average more than two basis points above the average on the first day of the month, and between 2007 and 2009, the Libor rate rose on average more than seven and one-half basis points above the average on the first day of the month.[59]

The five lead plaintiffs included a pensioner whose home was repossessed after her subprime mortgage was securitized into Libor-based collateralized debt obligations, sold by banks to investors, and foreclosed. The plaintiffs could number 100,000, each of whom has lost thousands of dollars.[60] The complaint estimates that the banks earned hundreds of millions, if not billions of dollars, in wrongful profits as a result of artificially inflating Libor rates on the first day of each month during the complaint period.[59]

 Municipalities lost billions due to rigging

The city of Baltimore and others in the US filed a class action lawsuit in April 2012 against Libor setting banks which alleged that the manipulation of Libor caused payments on their interest rate swaps to be smaller than they should have been.[61] Before the financial crisis, states and localities bought $500 billion in interest rate swaps to hedge their municipal bond sales. It is estimated that the manipulation of Libor cost municipalities at least $6 billion. These losses were in addition to $4 billion that localities had already paid to unwind backfiring interest rate swaps.[62]

Municipalities began using interest rate swaps to hedge their municipal bond sales in the late 1990s. At this time, investment bankers began offering local governments a way to save money on the sale of municipal bonds. The banks suggested instead of selling fixed interest rate bonds that local governments sell variable interest rate bonds which typically have interest rates as much as one percentage point lower than fixed interest rate bonds. For a municipal government this could mean saving as much as $1 million a year on the sale of a $100 million bond.[63]

In order to hedge costs on the sale of variable interest rate bonds, which can rise and fall with the market, local governments, such as Baltimore, purchased interest rate swaps which exchange a variable interest rate for a fixed interest rate.[64] In a swap deal, when the interest rate rises, the swap seller pays the local government the increased cost on the bond, while when the interest rate falls, the swap seller saves and pays the local government the decreased cost on the bond. The interest rate swap mechanism generally works well, however, between 2007 and 2010 the payments to local governments on their swaps artificially decreased but the cost on their bonds remained at actual market rates. This was because most interest rate swaps are linked to the Libor interest rate, while municipal bond rates are linked to the SIFMA Municipal Bond Index interest rate. During the financial crisis the two benchmark rates decoupled. Municipalities continued to pay on their bonds at the actual market Sifma rate but were paid on their interest rate swaps at the artificially lower Libor rate.[63]

 Reactions and impact on banking regulation

The cost to colluding and suspect banks from litigation, penalties, and loss of confidence may drive down finance industry profits for years. The cost of litigation from the scandal may exceed that of asbestos lawsuits.[65]

United States

US experts such as Former Assistant Secretary of the Treasury Paul Craig Roberts have argued that the Libor Scandal completes the picture of public and private financial institutions manipulating interest rates in order to prop up the prices of bonds and other fixed income instruments, and that “the motives of the Fed, Bank of England, US and UK banks are aligned, their policies mutually reinforcing and beneficial. The Libor fixing is another indication of this collusion.”[66] In that perspective they advocate stricter bank regulation, and a profound reform of the Federal Reserve System.

Former Citigroup Chairman and CEO Sandy Weill, considered one of the driving forces behind the considerable financial deregulation and “mega-mergers” of the 1990s, surprised financial analysts in Europe and North America by calling for splitting up the commercial banks from the investment banks. In effect, he says: "Bring back the Glass-Steagall Act of 1933 which led to half a century, free of financial crises.” [67]


Mainland European scholars discussed the necessity of far-reaching banking reforms in light of the current crisis of confidence, recommending the adoption of binding regulations that would go further than the Dodd–Frank Act: notably in France where SFAF and World Pensions Council (WPC) banking experts have argued that, beyond national legislations, such rules should be adopted and implemented within the broader context of separation of powers in European Union law, to put an end to anti-competitive practices akin to exclusive dealing and limit conflicts of interest.[68][69] This perspective has gained ground after the unraveling of the Libor scandal, with mainstream opinion leaders such as the Financial Times' editorialists calling for the adoption of an EU-wide "Glass–Steagall II".[70]

Naomi Wolf of The Guardian suggested in an editorial that the "notion that the entire global financial system is riddled with systemic fraud – and that key players in the gatekeeper roles, both in finance and in government, including regulatory bodies, know it and choose to quietly sustain this reality – is one that would have only recently seemed like the frenzied hypothesis of tinhat-wearers".[71] Looking at the fact that Tim Geithner went on to be promoted to Treasury Secretary, Wolf commented, "It is very hard, looking at the elaborate edifices of fraud that are emerging across the financial system, to ignore the possibility that this kind of silence – 'the willingness to not rock the boat' — is simply rewarded by promotion to ever higher positions, ever greater authority. If you learn that rate-rigging and regulatory failures are systemic, but stay quiet, well, perhaps you have shown that you are genuinely reliable and deserve membership of the club."[71]


The British Bankers’ Association said on 25 September that it would transfer oversight of Libor to UK regulators, as proposed by Financial Services Authority Managing Director Martin Wheatley and CEO-designate of the new Financial Conduct Authority.[12] On 28 September, Wheatly's independent review was published, recommending that an independent organization with government and regulator representation, called the Tender Committee, manage the process of setting Libor under a new external oversight process for transparency and accountability. Banks that make submissions to Libor would be required to base them on actual inter-bank deposit market transactions and keep records of their transactions supporting those submissions. The review also recommended that individual banks' Libor submissions be published, but only after three months, to reduce the risk that they would be used as a measure of the submitting banks' creditworthiness. The review left open the possibility that regulators might compel additional banks to participate in submissions if an insufficient number do voluntarily. The review recommended criminal sanctions specifically for manipulation of benchmark interest rates such as the Libor, saying that existing criminal regulations for manipulation of financial instruments were inadequate.[13] Libor rates could be higher and more volatile after implementation of the reforms, so financial institution customers may experience higher and more volatile borrowing and hedging costs.[14] The UK government agreed to accept all of the Wheatly Review's recommendations and press for legislation implementing them.[15]

Bloomberg LP CEO Dan Doctoroff told the European Parliament that Bloomberg LP could develop an alternative index called the Bloomberg Interbank Offered Rate that would use data from transactions such as market-based quotes for credit default swap transactions and corporate bonds.[72][73]


  1. ^ "Libor scandal explained and what rate-rigging means to you". USA Today. July 2012. Retrieved 3 August 2012.
  2. ^ Calculating Interest. British Bankers' Association. Retrieved 17 July 2012.
  3. ^ a b "CFTC Orders Barclays to pay $200 Million Penalty for Attempted Manipulation of and False Reporting concerning Libor and Euribor Benchmark Interest Rates".
  4. ^ a b c "Barclays Bank PLC Admits Misconduct Related to Submissions for the London Interbank Offered Rate and the Euro Interbank Offered Rate and Agrees to Pay $160 Million Penalty". Department of Justice. 27 June 2012. Retrieved 17 July 2012.
  5. ^ a b "Barclays fined £59.5 million for significant failings in relation to Libor and Euribor".
  6. ^ Keenan, Douglas (27 July 2012), "My thwarted attempt to tell of Libor shenanigans". Financial Times. (An extended version of this article is on the author's web site.)
  7. ^ BBC News (10 August 2012), “Libor scandal: Review finds system 'no longer viable'”.
  8. ^ BBC News Online (10 August 2012), “Libor review: Wheatley says system must change”.
  9. ^ Reuters (7 August 2012), “Libor collusion was rife, culture went right to the top”.
  10. ^ "Britischer Finanzexperte berichtet von langjährigen Zinssatz-Manipulationen" - in German. More information, in English, is on the trader's web site.[1]
  11. ^ 'Regulators might look to quote Libor based on actual transactions, though the technical hurdles are enormous. Regulators will try to safeguard the model rather than find an alternative to Libor.' Dissecting Barclays' Libor woes
  12. ^ a b Main, Carla (26 September 2012). "Libor Spurned, Credit Score Review, Germany’s Audit: Compliance". Bloomberg. Retrieved 26 September 2012.
  13. ^ a b Alexis Levine and Michael Harquail (5 October 2012) "Wheatley Review May Mean Big Changes for Libor" Blakes Business (Blake, Cassels & Graydon LLP)
  14. ^ a b Karen Brettell (28 September 2012) "Libor reform may add volatility, increase some funding costs" Reuters
  15. ^ a b Ainsley Thomson (17 October 2012) "UK Treasury Minister: Government Accepts Recommendations Of Wheatley Libor Review In Full" Dow Jones Newswires / Fox Business
  16. ^ Mollenkamp, Carrick; Whitehouse, Mark (29 May 2008). "Study Casts Doubt on Key Rate". The Wall Street Journal. Retrieved 24 July 2012.
  17. ^ Gyntelberg, Jacob; Wooldridge, Philip (March 2008). "Interbank rate fixings during the recent turmoil". BIS Quarterly Review (Bank for International Settlements): 70. ISSN 1683-0121. Retrieved 10 July 2012.
  18. ^ "Global Financial Stability Report". World economic and financial surveys (International Monetary Fund): 76. October 2008. ISSN 1729-701X. Retrieved 11 July 2012.
  19. ^ Carl Schreck (11 October 2012) "US Students Detected Libor-Fixing Years Before Banking Scandal" RIA Novosti
  20. ^ Snider, Conan; Thomas Youle (2 April 2010). "Does the Libor Reflect Banks' Borrowing Costs?". Social Science Research Network: 13–14. Retrieved 22 July 2012.
  21. ^ Snider, Conan; Thomas Youle (2 April 2010). "Does the Libor Reflect Banks' Borrowing Costs?". Social Science Research Network: 11. Retrieved 22 July 2012.
  22. ^ Snider, Conan; Thomas Youle (2 April 2010). "Does the Libor Reflect Banks' Borrowing Costs?". Social Science Research Network: 12. Retrieved 22 July 2012.
  23. ^ Stephanie Flanders (4 July 2012). Inconvenient truths about Libor. BBC News. Retrieved 17 July 2012.
  24. ^ (12 January 2009). House of Commons – Treasury – Minutes of Evidence. Q34. Retrieved 17 July 2012.
  25. ^ Jill Treanor & Dominic Rushe (13 July 2012). Timothy Geithner and Mervyn King discussed Libor worries in 2008. The Guardian. Guardian News and Media. Retrieved 17 July 2012.
  26. ^ a b c Mark Gongloff (13 July 2012). New York Fed's Libor Documents Reveal Cozy Relationship Between Regulators, Banks. Huffington Post. Retrieved 17 July 2012.
  27. ^ Alex Klein (13 July 2012). "Rate-Fixing Scandal Hits U.S.: Fed Drops LIBOR Bombshells". The Daily Beast.
  28. ^
  29. ^ Jia Lynn Yang (13 July 2012). Paul Tucker, deputy governor of the Bank of England.Geithner made recommendations on Libor in 2008, documents show. Washington Post. Retrieved 17 July 2012.
  30. ^ 13 July 2012 Libor email from Timothy Geithner to Bank of England. The Guardian. Guardian News and Media. Retrieved 17 July 2012.
  31. ^ Enrich, David; Mollenkamp, Carrick; and Eaglesham, Jean (18 March 2011). "U.S. Libor Probe Includes BofA, Citi, UBS". The Wall Street Journal.
  32. ^ "U.S. conducting criminal Libor probe". Reuters. 28 February 2012.
  33. ^ a b "Eagle fried". The Economist. 30 June 2012. Retrieved 20 July 2012.
  34. ^ Armstrong, Rachel (30 March 2012). "Ex-RBS trader says Brevan Howard sought Libor rate change | Reuters". Reuters.
  35. ^ Julian Beltrame (15 July 2012). Canadian connection to Libor scandal probed by Competition Bureau. National Post. Retrieved 17 July 2012.
  36. ^ Pollock, Ian (28 June 2012). "Libor scandal: Who might have lost?". BBC News. Retrieved 28 June 2012.
  37. ^ "Statement of Facts". United States Department of Justice. 26 June 2012,. Retrieved 11 July 2012.
  38. ^ Taibbi, Matt, Why is Nobody Freaking Out About the LIBOR Banking Scandal?, Rolling Stone, 3 July 2012
  39. ^ "Libor scandal: Seven banks face US questioning". BBC. 16 August 2012.
  40. ^ Reuters (2 July 2012). "Barclays chairman resigns over interest rate rigging scandal". NDTV profit. Retrieved 2 July 2012.
  41. ^ "Barclays boss Bob Diamond resigns amid Libor scandal". BBC. 3 July 2012.
  42. ^ Ram, Vidya (4 July 2012). "Bob Diamond resigns as Barclays CEO". Business Line. Retrieved 19 July 2012.
  43. ^ "Bob Diamond questioned by MPs on Barclays Libor scandal: as it happened". The Telegraph. 4 July 2012. Retrieved 10 July 2012.
  44. ^ "Bank of England deputy governor Paul Tucker fights Libor accusations – as it happened". The Guardian. 9 July 2012. Retrieved 10 July 2012.
  45. ^ a b c d "UBS fined $1.5bn for Libor rigging". BBC. 19 December 2012. Retrieved 20 December 2012.
  46. ^ Capitalism Without Failure coverage of a discussion among Matt Taibbi, Eliott Spitzer, and Dennis Kelleher on Viewpoint with Eliot Spitzer on 4 July 2012 regarding the emerging Libor Scandal
  47. ^ Carla Main & Ellen Rosen (9 July 2012). Libor Criminal Probe, CFTC Exemptions, Canada. Businessweek. Retrieved 17 July 2012.
  48. ^ Treanor, Jill (6 July 2012). "Serious Fraud Office to investigate Libor manipulation". The Guardian. Retrieved 10 July 2012.
  49. ^ David Enrich & Dana Cimilluca (15 July 2012). Missteps on Libor Doomed Barclays's Leaders. The Wall Street Journal. Dow Jones & Company. Retrieved 17 July 2012.
  50. ^ "The rotten heart of finance". The Economist. 7 July 2012. Retrieved 17 July 2012.
  51. ^ Darrell Preston (10 October 2012) "Rigged Libor costs states, localities $6 billion" Bloomberg
  52. ^ John Glover (8 October 2012) "Libor, Set by Fewer Banks, Losing Status as a Benchmark" Bloomberg Business Week
  53. ^ Reddy, Sudeep (11 July 2012). "Congress Joins Libor Probes: Focus Includes U.S. Regulators Who Knew About Problem as Early as 2007". The Wall Street Journal: p. C2. Retrieved 11 July 2012.
  54. ^ HITC Business (4 October 2012) "Senators Launch Investigation Into Treasury Secretary Geithner’s Involvement In Libor Manipulation" (FOX Business)
  55. ^ Clea Benson (December 19, 2012) "Fannie Mae, Freddie Mac Libor Loss Tops $3 Billion in Audit" Bloomberg
  56. ^ Scott, Mark. "Former Senior Barclays Executive Faces Scrutiny in Parliament". The New York Times. London (England).
  57. ^ a b c Tan, Andrea (26 September 2012). "RBS Instant Messages Show Libor Rates Skewed for Traders". Bloomberg. Retrieved 30 September 2012.
  58. ^ Binham, Caroline (15 October 2012). "US Woman Takes on Banks Over Libor". Financial Times. Retrieved 15 October 2012.
  59. ^ a b Touryalai, Halah (15 October 2012). "Banks Rigged Libor To Inflate Adjustable-Rate Mortgages: Lawsuit". Forbes. Retrieved 15 October 2012.
  60. ^ Reuters (14 October 2012) "Home owners file class action suit versus banks over Libor: FT" Chicago Tribune Business
  61. ^ "In re: Libor-Based Financial Instruments Antitrust Litigation". 2012 WL 1522306 (S.D.N.Y.) (Trial Pleading). United States District Court, S.D. New York. Retrieved 19 October 2012.
  62. ^ Preston, Darrell (8 October 2012). "Rigged Libor Hits States-Localities With $6 Billion: Muni Credit". Bloomberg. Retrieved 19 October 2012.
  63. ^ a b Gandel, Stephen (11 July 2012). "Wall Street's latest sucker: Your hometown". Fortune. Retrieved 19 October 2012.
  64. ^ Rushe, Dominic (19 July 2012). "Baltimore and the Libor scandal: 'We can't leave any money on the table'". The Guardian. Retrieved 19 October 2012.
  65. ^ Shawn Baldwin (26 October 2012) "LIBOR Liabilities: How litigation will drive down banks profitability for years to come" Forbes
  66. ^ Paul Craig Roberts and Nomi Prins (14 July 2012). "The Real Libor Scandal". OpEd News (.). Retrieved 15 July 2012.
  67. ^ Denning, Steve (25 July 2012). "Rethinking Capitalism: Sandy Weill Says Bring Back Glass-Steagall". Forbes. Quoting interview on CNBC’s Squawk-Box.
  68. ^ (French) M Nicolas Firzli (Jan. 2010), Bank Regulation and Financial Orthodoxy: the Lessons from the Glass-Steagall Act, Revue Analyse Financière, Q1 2010,, retrieved 2010-01-08
  69. ^ Nicolas J. Firzli quoted by Marie Lepesant (11 June 2012). "Le Modèle des Banques Françaises en Question" (in French). Le Parisien. Retrieved 12 June 2012.
  70. ^ Editorial, Page (3 July 2012). "Restoring trust after Diamond". Financial Times. Retrieved 15 July 2012. quoting FT Editorial Page.
  71. ^ a b Naomi Wolf (14 July 2012). This global financial fraud and its gatekeepers. The Guardian. Guardian News and Media. Retrieved 17 July 2012.
  72. ^ Michelle Price “Libor tender puts focus on data providers”, “Financial News”, 28 September 2012
  73. ^ Ben Moshinsky and Lindsay Fortado “U.K. Lawmakers Seek Speedy Overhaul of Libor Following Review”, Bloomberg, 28 September 2012

 External links

Barclays Bank



Specific issues
By country (or region)
Retrieved from ""



The father of Connecticut school shooter Adam Lanza, Peter Lanza, was the tax director for General Electric, a corporation that paid -0- taxes on 14.2 billion dollars in profits last year. According to Fabian4Liberty, Peter Lanza was scheduled to testify in the ongoing global LIBOR scandal. In what could only be described an amazing coincidence, the father of Colorado Batman shooter James Holmes, Robert Holmes, was also a LIBOR witness in his position with FICO. According to the link at FICO, Robert Holmes was a ‘Fraud Scientist’.

From Fabain4Liberty:

The father of Newtown Connecticut school shooter Adam Lanza is Peter Lanza who is a VP and Tax Director at GE Financial. The father of Aurora Colorado movie theater shooter James Holmes is Robert Holmes, the lead scientist for the credit score company FICO. Both men were to testify before the US Sentate in the ongoing LIBOR scandal. The London Interbank Offered Rate, known as Libor, is the average interest rate at which banks can borrow from each other. 16 international banks have been implicated in this ongoing scandal, accused of rigging contracts worth trillions of dollars. HSBC has already been fined $1.9 billion and three of their low level traders arrested.

Ladies and gentlemen, we have a motive and a link. This coincidence is impossible to overlook. Two mass shootings connected to LIBOR.


Libor banking scandal may have cost U.S. mortgage agencies $3 billion



Dec 20, 2012 01:31 AM EST

Published: December 19

Mortgage finance giants Fannie Mae and Freddie Mac may have lost up to $3 billion from the ma­nipu­la­tion by several big banks of the global interest rate known as Libor, according to an internal government memo.


That was just one more sign Wednesday of the growing rate-fixing scandal, as federal prosecutors and regulators also announced that Swiss banking giant UBS had agreed to pay $1.5 billion in fines for manipulating the rate. U.S. authorities also filed criminal charges against two UBS employees, the first individuals targeted by the widening investigation.


The interest rate — the London Interbank Offered Rate, or Libor — is supposed to reflect the rate at which banks lend to one another and is used as a benchmark for other interest rates around the world. The Commodity Futures Trading Commission was the first to uncover evidence that something was amiss with the rates going as far back as 2005.


The ma­nipu­la­tion likely caused Fannie and Freddie to lose billions of dollars on their holdings of more than $1 trillion in interest-rate swaps, floating-rate bonds, mortgage-backed securities and other assets linked to Libor from September 2008 to 2010, according to a memo from the inspector general for the Federal Housing Finance Agency, the regulator that oversees Fannie and Freddie. The Washington Post obtained the memo Wednesday.

The inspector general recommended that FHFA conduct a thorough review and consider suing the banks involved in the scheme. The memo was reported earlier in the day by the Wall Street Journal.


Although a FHFA spokeswoman said the regulator “has not substantiated any particular Libor-related losses for Fannie Mae and Freddie Mac,” she said the agency is considering the inspector general’s findings and will “continue to evaluate issues associated with Libor.”

UBS is now the second international bank — Barclays being the first — to own up to its role in the rate-fixing. They are among 16 banks, including Bank of America, Citigroup, HSBC and JPMorgan Chase, that submit data to set the daily Libor rate.


Prosecutors say a cadre of traders and senior managers at the Swiss banking giant colluded with at least four other banks and pressured brokers to spread false data to manipulate multiple global interest rates. The changes could have caused banks to appear healthier than they really were during the financial crisis of 2007 and 2008 by suggesting that they were trading with low interest rates. But the actions also could have allowed banks to manipulate financial trades to create profits.


UBS agreed with authorities in the United States, Britain and Switzerland to a combined $1.5 billion settlement — triple the amount that Barclays agreed to pay in June. In addition, its Japanese subsidiary pleaded guilty to criminal charges of felony wire fraud filed by the Justice Department. The agency said it is not prosecuting the parent company because of the bank’s cooperation with the investigation.


However, criminal indictments are being brought against two former UBS traders — one in Britain and one in Switzerland — for conspiracy to manipulate Libor. One of them is also being charged with wire fraud in New York federal court. The traders are the first individuals to face criminal charges in the banking scandal to date, but may not be the last as federal prosecutors ramp up efforts to clamp down on banking misconduct.


“Effective deterrence is only going to be realized when bank officials are indicted, convicted and sent to prison. To that extent, this is a positive step forward. However, it’s a small step,” said James Gurule, a former undersecretary of enforcement for the Treasury Department and now a law professor at the University of Notre Dame.


Gurule took issue with the Justice Department’s decision not to indict the parent company and more of its executives given the broad scope of the problems at UBS.


But Assistant Attorney General Lanny A. Breuer defended the actions at a news conference. “By any fair criteria, this is a very real, a very robust and a very forceful resolution,” he said, adding that the department took into consideration the new leadership at UBS and the bank’s cooperation with the investigation.
Feb 18, 2011 ... The coroner also reported that either a knife or firearm discharge left a hole in Banks's right side. Banks's murder, one of Arkansas's most ...
Oct 27, 2012 ... It seems that the murder happened first and then the page was ... Act by the national banks included among the “Bankster” Defendants. “ ...
Oct 27, 2012 ... Market Watch still runs story of $43 trillion lawsuit against US banks after CNBC erases their version following murder of CNBC executive's ...
Oct 29, 2012 ... comrade-capitalists-targets-of-spire-law-group-llps- ...
Banks and Horses ... who followed in his father's footsteps in both the horse business and banking industry. ... John McAfee and the Murder of Gregory Faull ...
One must consider the truths that are self evident if the murder of JFK is to truly be ... The defunct Nugan-Hand Bank in Australia as well as banks in the Cayman ...
The motive for his murder was a mystery, as there were many people who had ... deal of autonomy and sole signing authority over the Board's bank account.


Banco Ambrosiano - Wikipedia, the free encyclopedia
Vatican Bank was Banco Ambrosiano's main shareholder, and the death of Pope John Paul I in 1978 is rumored to be linked to the Ambrosiano scandal, giving ...


Mafia/Masonic/Vatican collusion in Bankers murder claims Mafia ...
Mafia/Masonic/Vatican collusion in Bankers murder claims Mafia ... one of London's most enduring murder mysteries, the mafia godfather at the ...
Jul 27, 2012 ... THE recent murder of Harare businessman Allan Banks is one of the rare cases police have handled in many years, Criminal Investigations ...
Jul 16, 2012 ... The dark clouds that surrounded the ECOBANK and TTB merger have mysteriously led to one assassination of a refined Ghanaian banker and ...
May 28, 2012 ... I am Kurt Brown -- Saint Ram Bone, founder of Mobile Audit Club website, former FDIC Bank Examiner and freelance journalist. I realized this ...
Rothschild Bank AG Zurich tied to Calvi Murder and P2 Masonic Lodge. http:// New York Press ...
Bank Murders, Accidents and Suicides ... S.E. Damon, of a prominent Hawaiian family and affiliated in the banking industry was killed in Honolulu by three ...
Nov 13, 2012 ... Detectives looking into potential motives for the multiple homicides in an attempt to find a trail to the murderer discovered secret bank accounts, ...
The first Calvi Mystery: Was his death suicide or murder? ... $1.2 billion was also missing from bank's subsidiaries in the Bahamas, Nicaragua, Peru, and ...
None outside bank had a clue of Muralidhar's murder. Bangalore, Nov 19, 2012, DHNS: Timely medical aid could have saved the life of Muralidhar, who was ...
Nov 20, 2012 ... Jct: John The Banking Systems Engineer, Atlas Shrugged Not, has been on the job to free the debt slaves from their mort-gage death-gambles ...
Apr 2, 2011 ... At the present moment, the world at large is trapped in an onrushing general breakdown-crisis whose principal pathological feature is the ...
Jul 18, 2012 ... MANHATTAN CRIMINAL COURT — A woman murdered in an execution-style shooting in a Chinatown apartment last month had allegedly ...
Murder of bank fraud witness results in life sentence for conspirator. By Jeremy Bauer-Wolf, The Baltimore Sun | November 9, 2012. A Baltimore man was ...
Sep 23, 2012 ... FINRA records show that Owen first started working at The Bank Street Group ... Tags: Wall Street, Murder, Suicide | Get Alerts for these topics » ...
May 6, 2012 ... Two laws were changed in the 1990s that opened the door to murder of banking regulatory officials and judges. The laws allowed the FDIC to ...
Jun 16, 2012 ... The probe into the murder of State Bank of India's Patliputra branch head cashier James Michael Dextas suffered a setback on Friday because ...
May 22, 2012 ... GOSHEN — The Pennsylvania side of the murder case against Timothy Handel began unfolding Monday in Orange County Court.
Feb 21, 2012 ... That's the question that is raging through China these days as 30 year old multi- millionaire Wu Ying, once one of the richest women in the ...
6 days ago ... However, a murderer picks off members of the group one-by-one, leaving the surviving bankers to reap a greater share of the pool. Crawshaw ...
Marcinkus was at the heart of the scandal and the death of Roberto Calvi, nicknamed God's Banker. In the early 1980's, the Vatican Bank scandal erupted in Italy ...
Vatican Bank was Banco Ambrosiano's main shareholder, and the death of Pope John Paul I in 1978 is rumored to be linked to the Ambrosiano scandal, giving ...
In Rome, in June 2007, five people were acquitted of the murder. Claims have been made that factors in Calvi's death were the Vatican Bank, Banco ... One month before the 30th anniversary of one of London's ...
Dec 7, 2003 ... 'It involved the mafia, the Vatican, P2 [a powerful masonic group]. ... Weeks after Roberto Calvi's murder in June 1982, the Italian bank he ...
And the machine's operator, within a few hours of Calvi's death, had been ordered to ... The only people outside the Vatican who could explain why the bank had ...
Oct 27, 2012 ... Watch Later Blunotte - Caso Calviby ForumAcademyfanclub15,399 views; The Vatican Bank And The Strange Death Of Pope John Paul I 44:06 ...
Feb 24, 2012 ... Critics say the case shows that the "Vatican Bank" has never shed its .... After an initial ruling of suicide, murder charges were filed against five ...
Sep 3, 2006 ... He was also closely affiliated with Roberto Calvi, head of the scandal-ridden Vatican Bank. Calvi was murdered. Gelli's secret lodge consisted ...
Nov 19, 2012 ... start date July 20, 2011. today's date November 19, 2012. page 381. TOPIC: VATICAN BANKERS? Vatican City: Financial Crime... And Murder ...
Jesus then said: "My children whom I love, love to the agonizing death on the ..... It is leveling many cities on both sides of its banks. ..... He is being harassed by many 'New Age' priests and religious from around the world and in the Vatican.
While the Vatican claims to have disclosed the Third Secret in June 2000, what .... to put half of the money into one bank and the other half into another bank.
He is expected to come to power in the Vatican as Pope Peter II. .... The songs are suggestive to me of a death (taps) and resurrection scenario, in which the ..... The antichrist (total evil) : The same people that control the banks, insurance ...
Sep 13, 2012... through "playing monopoly" in corporate banking and large-scale construction, ..... The Stealth Genocide Program - Review - Death In The Air .... History of The Society of Jesus - from Chapters 49 & 50 of 'Vatican Assassins' ...


Dee Finney's blog March 25, 2012 page 182 RITUAL MAGIC ...
Mar 25, 2012 ... TOP;IC: - JOHN DEE - THREE MURDERED POPES - ...... [15] We may plausibly speculate, therefore, that the Vatican's first resort to ... it down the road toward the banking scandals of the 1970s — scandals which ultimately led ...
Feb 6, 2001 ... After two days, with his uncle near death, Juan left his side to find a .... the teenaged Bernadette was collecting scraps of wood on the bank of .... One Pope was murdered after only 30 days in office when the Vatican thought he ...
Sep 4, 2012 ... At the death of Pope John Paul II in April 2005, Law surfaced once again, being ... This was the Vatican's way of retorting to those angered or concerned over ....The internet cannot be shut down as even Congress, banks, ...
She said it contained a year's worth of interest from the bank . ... again so I knew I wasn't mistaken about the death toll and remember driving a car north at 80 ...... in New York City, so too, will a sign appear in the 'white smoke' from the Vatican.
Jul 9, 2012 ... Located on the banks of the Pactolus River, Sardis was 60 miles inland from .... 21 Neither did they penance from their murders nor from their .... a famous marble statue in the part of the Vatican museum called Belvedere.
Jul 8, 2012 ... There had apparently been a murder on the church grounds. .... hearts were taken out and given to the dogs," according to a Vatican biography. ..... This " Bank Holiday" will coincide with the closing of the U.S. Stock Market as ...
Mar 4, 2012 ... Only the Vatican considers Taiwan to be a legal country. .... Misused by man, the macrocosm, the creative power becomes poisonous, evil, death-dealing. ... the other two birds that were common along the banks of the Nile.
They asked how could a Canadian have a dual loyalty to both the Vatican and .... Doyle, were arrested and charged with the willful murder of Patrick Callahan. ...... from the Gaza Strip and four West Bank settlements gets underway in August.
Mar 2, 2002... while walking down the aisle of the church at the Vatican by a mentally ill woman. ... Also 18 means Life in Hebrew or Death , the last letter of their .... in the West Bank refugee camps of Jenin and Balata, the first such actions ...
Jan 9, 2012 ... After his death, a mausoleum was created in the Villa Puccini and ...... David Rockefeller -Chairman, Chase Manhattan Bank International Advisory Committee . .... Considered the "Vatican of the financial world," the City is not ...
Jul 6, 2004 ... Finally, with Wolfowitz resigning from the World Bank, Bilderberg luminaries ..... NOTE: Bill Cooper was shot to death by U.S. Marshalls in December, 2001 .... F.B.I., C.I.A., U.N., Vatican, MULTI-National BANKERS, FreeMason ...
Sponsored Links





JAN, FEB, MAR, APR  2012