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Old 16-09-2008, 05:03 PM   #1
farros
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Default Lehman bankruptcy shakes world financial system

NEW YORK (AFP) - Lehman Brothers declared itself bankrupt Monday and Wall Street rival Merrill Lynch had to be taken over in a new financial earthquake that sent global markets into a slump.

http://news.yahoo.com/s/afp/20080915...ncebankbanking
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Old 16-09-2008, 10:34 PM   #2
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EXECUTIVES at Lehman Brothers could be forced to manually adjust the seating temperature in their Mercedes, it was claimed last night.


As America's fourth largest investment bank collapsed, the management team have downgraded their executive limousine orders for next year insisting they can no longer afford the automatic body heat regulator and the climate controlled glove box.

Lehman chief executive Dick Fuld said: "Be in no doubt, the long term effects of this collapse are going to be awful. For you.

"You're going to lose your job, your dignity and possibly your home. I don't need a job - per se - but I will miss accumulating more money than I and all my descendants could ever reasonably spend.

"I don't know what I'd do if I hadn't spent my career paying myself millions of dollars and accruing a vast personal fortune while taking pointless risks with people's hard earned savings.

"But I hope my unimaginable wealth and wide ranging property portfolio will make your extreme hardship that bit easier to bear.

"Would you be happier if I sat out the recession in Acapulco or Martha's Vineyard? Please do let me know."

He added: "But it won't all be plain sailing. Though, it has to be said, I will be doing quite a lot of plain sailing, especially in early June. Do you sail?

"Next year's Mercedes is already looking distinctly shabby, while this winter in Aspen we may have to 'eat in' one night. We've decided to open a tin of macaroni cheese and pretend to be ordinary."

Fuld said he would also be able to devote more time to his role with New York charity the Robin Hood Foundation, which, he insisted, was not 'some sick fucking joke'.
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Old 17-09-2008, 01:10 AM   #3
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I'm sort of surprised that this story isn't far bigger news on this site. After all this is the kind of thing that Icke is constantly mentioning in his talks, namely the concentration of wealth into fewer and fewer hands, and the old baited fishing line story, in a boom time there's plenty of 'money' to go around, come the 'recession' the illuminati controlled financial institutions get control of property and land, all for lending credit in the form of non-existant 'money'.
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Old 17-09-2008, 01:27 AM   #4
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The slow doom of the economy really is being laid out as if it were nothing special and we were merely running through a reorganization of things...how ridiculous!

Did you see Bush's recent speech adressing that? Could you see the desperation in his eyes?
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Old 17-09-2008, 01:45 AM   #5
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Brokerage Houses have been going out of business for a long time. This will not have any effect of the economy or anything else.
Remember BCCI?
British & Commonwealth?
Hill Samuel.
Lehman Brothers used to be called Shearson Lehman American Express before it was hived off.
In the 1980s there were alot of brokers that went bust, that didnt stop the boom during the 1990s.
This is called natural selection - survival of the fittest.

The stupid thing is most of the money owed by Lehman and Bear Stearns and others is to Arabs and Chinese and Russians and Japanese.
So this is probably a deliberate bankrupcy.
Wipe off a huge amount of debts and come back again with a new company making huge profits.

House repossessions is how estates agents and property investors make money.
So they love it.
Bankrupcies is how accountants and solicitors make wads.
This is all very normal and has been going for decades and will carry on going.

It is a mistake to repeat the official BBC news which is deliberately designed to create a selling frenzy.
Remember the Rothschilds mastermind most of these collapses to buy up the assets on the cheap.
Lehmans is a Khazar owned and run firm so no doubt you will see the directors opening up new brokerages pretty soon with all their savings intact.
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Old 17-09-2008, 01:56 AM   #6
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Quote:
Originally Posted by stelios View Post
Brokerage Houses have been going out of business for a long time. This will not have any effect of the economy or anything else.
Remember BCCI?
British & Commonwealth?
Hill Samuel.
Lehman Brothers used to be called Shearson Lehman American Express before it was hived off.
In the 1980s there were alot of brokers that went bust, that didnt stop the boom during the 1990s.
This is called natural selection - survival of the fittest.

The stupid thing is most of the money owed by Lehman and Bear Stearns and others is to Arabs and Chinese and Russians and Japanese.
So this is probably a deliberate bankrupcy.
Wipe off a huge amount of debts and come back again with a new company making huge profits.

House repossessions is how estates agents and property investors make money.
So they love it.
Bankrupcies is how accountants and solicitors make wads.
This is all very normal and has been going for decades and will carry on going.

It is a mistake to repeat the official BBC news which is deliberately designed to create a selling frenzy.
Remember the Rothschilds mastermind most of these collapses to buy up the assets on the cheap.
Lehmans is a Khazar owned and run firm so no doubt you will see the directors opening up new brokerages pretty soon with all their savings intact.

great post
i still have a feeling that there is something coming up in particular for america and probably britain but your post is a clear minded slap for folk to chill the fuck down. a panic is what they want , especially if we remember how the rothschilds have moved throughout history.

keep the posts up on this, as its not just these companies youve mentioned that have collapsed, the headines in sotlands papers were "scot banks shudder as colapse begins" ofcourse dont trust the media but i cant help but feel this is a global event unfolding before our eyes.
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Old 17-09-2008, 02:00 AM   #7
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good job i do not have much money,like you i have seen this coming for a while

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Old 17-09-2008, 03:31 PM   #8
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Sounds scarey doesn't it? Many commentators are comparing this with the prelude to Stock Market Crash of 1929 that caused the Great Depression, where the global economy virtually collapsed, people were destitute and it sowed the seeds of World War II. There’s an atmosphere of dread and insecurity hanging over everyone. What about our debts? Our household bills? Our jobs?

But the source of this fear comes from the fact that we do all our business in the official currency of our country. I earn pounds and pence, I spend pounds and pence. I borrow loans of pounds and pence.
But we coulod invent our own local, independant currency like the Ithaca Hour: http://www.ithacahours.org/ . And we could follow the example of "Williams the Wad"; remember this?: http://www.davidicke.com/forum/showthread.php?t=10285
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Old 17-09-2008, 04:03 PM   #9
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Quote:
Originally Posted by stelios View Post
Brokerage Houses have been going out of business for a long time. This will not have any effect of the economy or anything else.
Remember BCCI?
British & Commonwealth?
Hill Samuel.
Lehman Brothers used to be called Shearson Lehman American Express before it was hived off.
In the 1980s there were alot of brokers that went bust, that didnt stop the boom during the 1990s.
This is called natural selection - survival of the fittest.

The stupid thing is most of the money owed by Lehman and Bear Stearns and others is to Arabs and Chinese and Russians and Japanese.
So this is probably a deliberate bankrupcy.
Wipe off a huge amount of debts and come back again with a new company making huge profits.

House repossessions is how estates agents and property investors make money.
So they love it.
Bankrupcies is how accountants and solicitors make wads.
This is all very normal and has been going for decades and will carry on going.

It is a mistake to repeat the official BBC news which is deliberately designed to create a selling frenzy.
Remember the Rothschilds mastermind most of these collapses to buy up the assets on the cheap.
Lehmans is a Khazar owned and run firm so no doubt you will see the directors opening up new brokerages pretty soon with all their savings intact.
Nice sentiments but not entirely true. BCCI was purely a money laundering, crime syndicate for big time international crooks - Saddam Hussien was a "customer" as was Azil Nadir. Hill Samuel & British & Commonwealth were not even in the same league as Lehman Brothers.

The consolidation and mergers that happened in the boom times that started in the 80's were a result of deregulation of certain markets and less restrictive regulation which saw banks diversify their interests into equities and such like and saw big firms snap up smaller specialised firms. These mergers were not the result of a bust of the like which is going on now but a frenzied boom. Two massive investment banks like Merrill Lynch and Lehman's both collapsing on the same day is not a good sign.

The creditors of Lehman Brothers will be many large national and international banks across the world. Large Pension Funds and other managed funds and investment trusts, governments, councils and large corporations. They won't just be a random bunch of Arabs, Chinese and Japanese dudes.

Lehman was also one of the joint owners of the Federal Reserve.
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Old 17-09-2008, 04:36 PM   #10
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This financial paradigm we are currently experiencing. Is a media constructed version of reality. A true Psy-op, PRS in full effect so to speak.
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Old 18-09-2008, 01:36 PM   #11
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Interesting article on the BBC website. The last paragraph regarding the Chinese caught my attention.

http://www.bbc.co.uk/blogs/thereporters/robertpeston/
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Old 18-09-2008, 02:12 PM   #12
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Problem: lack of money
Reaction: civil war
Solution: new world order

In the earlier November 2007, during a conference call, Leo Zagami warned us that should be a monetary crash in September 2008 in US and after 3 months another crash in EU (december 2008). The first event is occurring now. Several banks in Italy have debts for more than 150M€ each due to US subprimes.

This means that this crisis is wanted by jews-illuminati banks to bring the world economy to collapse.

First caos then order: ORDO AB CAO
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Old 18-09-2008, 02:16 PM   #13
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Free-market capitalism lies shredded ... while America's confidence is badly shaken

By Philip Delves Broughton
Last updated at 12:14 PM on 18th September 2008


For years now, we have had to listen to bankers attacking Washington for imposing regulations that inhibit the free markets from making even more money.

And all the while, they took exorbitant salaries, justifying them on the grounds of their huge contribution to capitalism.

How bitterly ironic it is, then, to see these one-time freemarketeers becoming socialists overnight.

The schoolyard bullies of Wall Street have gone running to the state for help, pleading to be saved from destruction.

more...

http://www.dailymail.co.uk/news/arti...ly-shaken.html
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Old 18-09-2008, 02:22 PM   #14
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Quote:
Originally Posted by klinker View Post
Interesting article on the BBC website. The last paragraph regarding the Chinese caught my attention.

http://www.bbc.co.uk/blogs/thereporters/robertpeston/


yip very interesting ..... most interesting is its headline....."new world order" .

hhhmmmmmm im no ninja or anything but thats not exactly the most sly of headlines
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Old 18-09-2008, 10:12 PM   #15
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Hey, does anyone listen to The Archers?

What do you reckon to this!?: http://www.davidicke.com/forum/showthread.php?t=36250
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