Is The NZ Reserve Bank Raising Rates To Bankrupt New Zealand?

All we’re waiting for is interest rates to go across the magic threshold of 3% and the entire budget of the country explodes.  There are also all types of other tendencies that point in the direction of collapse and systemic failure at all levels.” Dimitri Orlov. I couldn’t put my finger on it. Why would […]

How Goldman Sachs Ruined Greece. And Yes, They Are Doing It Here Too!

In April 2012 I reported that New Zealand was accumulating Derivative swaps at an alarming rate. When I reported on this the amount of money in Derivatives was already an alarming $ 112 Billion and I have no reason to  assume that is anything less as I write this. At the time Dr Sue Newberry […]

HSBC Says NZ Rockstar Economy. They Should Know They made Maddof Into One Too

A couple of days ago HSBC chief economist for Australia and New Zealand Paul Bloxham told us that NZ’s economy was poised to grow dramatically in 2014 and would be a veritable Economic “Rock star”! Here are some pointers as to why you won’t feel the difference other than that you will feel poorer and […]

On JP Morgan: Fines, Corruption and Gauging Aside Why Should They Be In New Zealand

On the 1th of October 2007 a bank opened in New Zealand. It wasn’t open for the general public and would only supply money for big stuff and the big boys. It’s name? JP Morgan Chase! I was announced in the MSM with the smallest of fanfare and I only picked up on it because […]

On GIABO, Corruption and Bankers Arses Or Why I Love The Irish!

“Just, as Drummer (then-CEO David Drumm) would say, ‘picked it out of my arse’.” Head of Capital Markets, Anglo Irish bank John Bowe. 2008

Yeah and we’ll be saying ‘Yeah , because, a stress because HBOS were fucking sold and Lehmans went bust and fucking Bank of America fucking took over Merrills and other fucking non-normal things happened, you cunt’. David Drumm, the Chief Executive at Anglo Irish bank at the time of the crisis. (2008)

And than all shit hit the fan and I said: “Right, I’m out of here”. John Key, Upon the Bankers trust bank imploding after they were caught selling fraudulent Derivatives to, amongst others, Proctor and Gamble Inc (1995)

Deutsche Bank Does Not Tolerate Tax Dodgers! I Wouldn’t Either If I Had The Biggest Exposure To The Derivatives Scam

At $72.8 Trillion US Deutsche Bank is the bank with the biggest exposure to the pending Derivatives collapse. That is more than 3.5 times more than the entire global GDP. That is also more than $ 2 trillion more than JP Morgan. So it should come as no surprise they want to loot as much […]

BI-AA614_WATER_F_20121003115500

“Everybody Should Pay For Water Because It Is Not A Human Right”, Nestlé CEO!

Just in case your wondering why we are being prepared to have all our water tanks and water supplies privatized and exploited by John Key, his international mates and National here is a hint: Nestlé CEO Peter Brabeck thinks we should not have the right to clean water (in fact he thinks that this an […]

Are the Banks Already Orchestrating Another Meltdown?

On Friday, the New York Times reported that banks are continuing to practice risky behavior as the economy “improves.” While the mainstream media has been quick to discuss the improving economy, not much conversation has been situated around whom exactly the economy is improving for and how millions of Americans still struggle financially. Just one […]

Goldman Sachs Made 400 Million Betting On Food Prices In 2012 While Hundreds Of Millions Starved

And if you think that is bad wait until they start “financializing” water. Why does it seem like wherever there is human suffering, some giant bank is making money off of it?  According to a new report from the World Development Movement, Goldman Sachs made about 400 million dollars betting on food prices last year.  […]

Greece ‘Selective Default’ And Geithner’s ‘Selective Memory’

If Greece defaults even partially it will trigger the insurance hedges countries have taken to insure their risks against foreign Currencies. This is what will be the result: Late last night S&P placed Greece into “Selective Default” again. This is not the first time that Athens has been placed in the jailhouse and perhaps it […]

Hunua Ranges_Mangatangi492x296

Are You Paying For Watercare’s Gambling With Derivatives?

A couple of months ago Water Care started to charge incredible sums for water in the Auckland region. Here is a Newspaper article about how derivatives trades can go (no, are programmed to go) terribly wrong. In it Watercare is quoted as having made a $ 60 million loss on its Derivatives gambles. Could it […]

Dit The The Depository Trust & Clearing Corp Of New York Just Lose $36.5 Trillion In Derivatives?

According to Dutch News paper the Telegraaf the The Depository Trust & Clearing Corp of New York just lost $ 36.5  TRILLION in Derivatives in Hurricane Sandy. According to Newsweek the clearing house admits that the cellars have been been flooded but denies that the paper work has been destroyed stating that the real damage […]

Max And Stacey E357: Credit Default Swaps and LIBOR, The Two Make The Biggest Financial Scam Ever Perpetrated!

Updated with correct link! If you are or know a New Zealand Farmer who lost his/her farm as the result of the Derivatives sold to him you might want to watch this and give the link to your farming colleagues! The first half lays out why the selling of these fraudulent instruments and the subsequent […]

With A New Reserve bank Governor and Derivatives Clearing House Here is What Every Kiwi Should Know

We have waved goodbye to Bollard who did not see the 2008 crisis coming but do everything the same regardless and we will welcome a brand spanking new Governor (more on him in future posts), we will also see the birth of a brand spanking new Derivatives Clearing house (About which also more in future […]

JPMorgan Chase Libor Subpoenas Coming From Everybody In The World

  JP Morgan Chase registered as a bank in New Zealand on the 1th of October 2007  although on their official website they sell them selves as having a 140 year old history with Australia and New Zealand. It was in that same year the alleged LIBOR manipulation started according to the latest revelations. JP […]

They Hang Them Here, They Hang Them There, They Hang Them Everywhere, Except in the West

Hat tip Mick MC… This from Tehran. Four bankers condemned to hang, two to lifetime Prison and the rest of some 36 bankers to jail time of anywhere from 25 years, 20 years, 10 years, to less severe sentences. For what? The embezzlement of a mere $2.6 Billion. In China two female bankers have been […]

The Serious Fraud Squad Should Investigate John Key and Merrill Lynch’s Involvement With the Cullen Fund!

Around the world Pension funds are being exposed as underfunded and unable to cope with demand. In 2002 a Merrill Lynch investment and wealth management banker named Ira Bing took place on the first board of Guardians of a new founded Sovereign Wealth fund we now call “the Cullen fund”. He stayed on the board […]

Max Keiser Report 314: LIBOR, Derivatives and the Exchange Stabilisation Fund.

Very interesting interview with Rob Kirby from Kirby Analytics about LIBOR rigging and its function together with the Derivatives as a price control mechanism. Kirby also touches on a little known treasury group called the Exchange Stabilisation Fund which operates as a kingpin, located conveniently at the nexus between US monetary policy, foreign policy and last […]

These Countries were not Profligate, They were Sold a Fraudulent Product!

Bill Moyers, Matt Taibbi and Yves Smith on why Greece, Spain and all the countries whose financial stability is currently collapsing. When it starts to happen to us here is what National under Wall street banker John Key has been building up even after John Key was “Shocked” to find his old bank to be […]

15 Zombie Banks Downgraded Thanks to Toxic Derivatives

Last Saturday I was speaking to a group of ratepayers and Gray power members about the toxic derivatives and the $ 112 billion of them off the books  of our Government.  It turned out that a former CFO of Fonterra was in the audience. Of course Fonterra like any sensible agricultural business offset their risks […]

Breaking: Did Merrill Lynch set up the Cullen fund? Meet Ira Bing!

I was writing an article about the Cullen fund and the superannuation age of 65 and why John Key would want to keep it at 65 while the whole country can see the writing on the wall. While I was doing research for this post I tried to find out who were the financial advisors […]

On Arresting and and Convicting Bankers or a bit of good news!

With all the bad economic news and the Financial disasters I thought I’d bring you some good news! While most Kiwi’s still labour under the illusion that John Key as a hard nosed businessman will see them right, elsewhere in the world people are beginning to wake up to their antics and I’m happy to […]

Just imagine: Banks runs every day and stocking up on food to save yourself.

Just imagine living like this. Your country is experiencing bank runs every day for the last two weeks and you have stocked up on food to help you survive the coming elections and the possible collapse of your currency. Well that is what’s happening in Greece and it will happen here. $ 112 Billion in […]