I've wondered for some time if Washington D.C.connected banker David P Summers is related to Barack Obama's et.al.'s Lawrence Summers who should be locked up for financial fraud and money laundering as well........No coincidence that David P Summers is a bankster of many years in the D.C.,Maryland,Virginia area and his pal James Dale Dacvidson is founder of the National Taxpayers Union or NTU of Alexandria, Virginia near the main SEC office as well as the CIA and UK Rothschild and Lord William Rees-Mogg connected Agora Inc. Holding Company of Baltimore,Maryland with its decades of penny stock frauds gold scams and finance banking and penny stock share money laundering activities and were the promotors of the fiction that their many penny stock scams since around 2002 were victims of 'naked short selling' rather than being the illegal pump and dump frauds that they were just as are the new ones the U.S.SEC allows to be continued by them.
Greg Palast: Memo Exposes Larry Summers as a Criminal Bankster ...
www.youtube.com/watch?v=o6sRldpQoP81 day ago - Uploaded by 1LtMikeOriginally Published on Sep 13, 2013 by wearechange --- http://www.youtube.com/user/wearechange?feature ...
Larry Summers and the Secret "End-Game" Memo - Greg Palast ...
www.gregpalast.com/larry-summers-and-the-secret-end-game-memo/Aug 22, 2013 - By Greg Palast for Vice Magazine. When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick ...Greg palast: potential fed chair summers at heart of global ... - Truthout
www.truth-out.org/.../18555-revealed-potential-fed-chair-summers-at-he...Sep 3, 2013 - Greg Palast: Secret memo reveals Larry Summers involved in deal that... If you want to sell us--if Ecuador wants to sell America bananas--and ...
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Community Bank Northern Virginia's David P. Summers Also Texas ...
richmond.indymedia.org/newswire/display/14320Jan 29, 2008 - Houston Biotech Fraud:David P Summers, Endovasc 'Genius' Really Corrupt DC. .... No wonder James Dale Davidson has run offshore money ...
Heritage Bank,Virginia CIA,SEC Protected Money Launderer David ...
wolfblitzzer0.blogspot.com/.../heritage-bankvirginia-ciasec-protected.ht...Jun 11, 2013 - Dr.' David P Summers the well heeled Beltway(and James Dale . ...Steve Forbes colleague,James Dale Davidson,- they are virtual neighbors ...
wolfblitzzer0: Newsmax,Agora Inc.:James Dale Davidson,Porter ...
wolfblitzzer0.blogspot.com/.../newsmaxjames-dale-davidsonporter.htmlJul 10, 2013 - Newsmax.com has itself allowed James Dale Davidson and his ilk tp ...SEC about Davidson,Washington ,D.C.banker David P Summers and ...
Who killed Nick Berg? CACI, KROLL and the Beheading Industrial ...
forum.prisonplanet.com/index.php?topic=29069.15;wap2DAVID P. SUMMERS, PHD to serve as a Director and President; JANET TAN to ... No wonder James Dale Davidson has run offshore money laundering scams ...
Comments of T. Ryals on S7-19-07
www.sec.gov/comments/s7-19-07/s71907-390.htmFeb 7, 2008 - Affiliation: 'Dr.' David P 'Naked Shorts' Summers a D.C banker ? ... No wonder James Dale Davidson has run offshore money laundering ...
http://www.prweb.com/releases/2013/4/prweb10682674.htm
Virginia Heritage Bank Sponsors and Attends LAWS Casino for A Cause
Virginia Heritage Bank (VHB) - http://www.vhbank.com participated as a table sponsor for the 2nd Annual Casino for A Cause event held at Trump National Golf Center on Saturday, April 27th.
Tysons Corner, VA (PRWEB) April 30, 2013
David
Summers, CEO of Virginia Heritage Bank, along with bank colleagues,
friends, and customers represented VHB by filling a table of eight and
enjoying a night filled with casino games, auctions and prizes. The
fundraiser provided insight for what the LAWS staff and volunteers have
accomplished in the Loudoun County area and how the community can help.
Loudoun Abused Women’s Shelter (LAWS) -http://lcsj.org/, also known as Loudoun Citizens for Social Justice, is a private nonprofit in Loudoun County, Virginia. LAWS seeks to empower survivors of interpersonal violence so that they may live lives free from fear, anxiety, and danger. Casino for a Cause proceeds go towards providing shelter, counseling, advocacy, and legal assistance to women and children who are victims of domestic violence, sexual assault, and child abuse.
Virginia Heritage Bank, headquartered in Tysons Corner, with total assets of $804 million, serves Northern Virginia and surrounding communities with branches in Chantilly, Dulles Town Center, Fairfax, Gainesville, and Tysons Corner. VHB is a full service bank providing an array of retail and commercial financial services.
Loudoun Abused Women’s Shelter (LAWS) -http://lcsj.org/, also known as Loudoun Citizens for Social Justice, is a private nonprofit in Loudoun County, Virginia. LAWS seeks to empower survivors of interpersonal violence so that they may live lives free from fear, anxiety, and danger. Casino for a Cause proceeds go towards providing shelter, counseling, advocacy, and legal assistance to women and children who are victims of domestic violence, sexual assault, and child abuse.
Virginia Heritage Bank, headquartered in Tysons Corner, with total assets of $804 million, serves Northern Virginia and surrounding communities with branches in Chantilly, Dulles Town Center, Fairfax, Gainesville, and Tysons Corner. VHB is a full service bank providing an array of retail and commercial financial services.
David P. Summers
703-277-2200
703-277-2200
http://www.vhbank.com
http://www.vhbmortgage.com
OTCBB: VGBK
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http://www.hotstocked.com/article/57982/red-flags-all-around-sanborn-resources-ltd.html
Red Flags All Around Sanborn Resources Ltd (OTCBB:SANB)
http://www.vhbmortgage.com
OTCBB: VGBK
..........................
http://www.hotstocked.com/article/57982/red-flags-all-around-sanborn-resources-ltd.html
Red Flags All Around Sanborn Resources Ltd (OTCBB:SANB)
The pumpers are very excited about the newly acquired Peruvian mining claims, but having in mind that the company itself has never been in the business of digging precious metals out of the ground, we're not so sure. Some of you will probably argue at this point that there is now a new management team in place, and as the FT article would suggest the new CEO, Mr. James Dale Davidson has years and years of experience with small cap mining ventures.
As we mentioned yesterday, that is correct, he has worked at mineral exploration companies traded on the OTC Markets. Two of the most prominent ones are Valor Gold Corp (OTCBB:VGLD) and California Gold Corp (OTCMKTS:CLGL) and we decided to see how many tons of gold Mr. Davidson has managed to dig out with these enterprises. To find out, we opened their financial statements only to see that neither VGLD, nor CLGL have managed to generate even a dime in revenue since inception. 
Frankly, we were a bit disappointed to see that but when we did a bit more research, we got downright scared.
Frankly, we were a bit disappointed to see that but when we did a bit more research, we got downright scared.
There is so much information about Mr. Davidson on the Internet that it's really hard to get your head around it. Our findings include a quick review of his 1990's political prognoses (which are not very accurate), someRipoffReports and even a page with systematized informationabout him. All the links are worth reading and they all paint a picture of a man who is surrounded by controversy. Of course, we can't say for sure if all the information is 100% accurate, but even if it's not, a lot
of research and due diligence are absolutely crucial before making any investment decisions. Not least because of the expensive pump currently running for SANB, and if you don't know how risky promoted penny stocks could be, you might want to have a look at the charts for NHUR and iTalk Inc (OTCBB:TALK) on the right.
of research and due diligence are absolutely crucial before making any investment decisions. Not least because of the expensive pump currently running for SANB, and if you don't know how risky promoted penny stocks could be, you might want to have a look at the charts for NHUR and iTalk Inc (OTCBB:TALK) on the right.
Member FDIC
........................
http://www.gregpalast.com/larry-summers-and-the-secret-end-game-memo/
Larry Summers
Thursday, August 22, 2013
........................
http://www.gregpalast.com/larry-summers-and-the-secret-end-game-memo/
Larry Summers
and the Secret "End-Game" Memo
Thursday, August 22, 2013
By Greg Palast for Vice Magazine
When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn't believe it.
The Memo confirmed every conspiracy
freak's fantasy: that in the late 1990s, the top US Treasury officials
secretly conspired with a small cabal of banker big-shots to rip apart
financial regulation across the planet. When you see 26.3%unemployment
in Spain, desperation and hunger in Greece, riots in Indonesia and
Detroit in bankruptcy, go back to this End Game memo, the genesis of the
blood and tears.The Treasury official playing the bankers' secret
End Game was Larry Summers. Today, Summers is Barack Obama's leading
choice for Chairman of the US Federal Reserve, the world's central
bank. If the confidential memo is authentic, then Summers shouldn't be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world.
The memo is authentic.
To get that confirmation, I would have to fly to Geneva and wangle a meeting with the Secretary General of the World Trade Organization, Pascal Lamy. I did. Lamy, the Generalissimo of Globalization, told me,
It begins with Summers’ flunky, Timothy Geithner, reminding his boss to call the then most powerful CEOs on the planet and get them to order their lobbyist armies to march:
It's not the little cabal of confabs held by Summers and the banksters that's so troubling. The horror is in the purpose of the "end game" itself.
Let me explain:
The
year was 1997. US Treasury Secretary Robert Rubin was pushing hard to
de-regulate banks. That required, first, repeal of the Glass-Steagall
Act to dismantle the barrier between commercial banks and investment
banks. It was like replacing bank vaults with roulette wheels.
Second, the banks wanted the right to play a new high-risk game: "derivatives trading." JP Morgan alone would soon carry $88 trillion of these pseudo-securities on its books as "assets."
Deputy Treasury Secretary Summers (soon to replace Rubin as Secretary) body-blocked any attempt to control derivatives.
But what was the use of turning US banks into derivatives casinos if money would flee to nations with safer banking laws?
The answer conceived by the Big Bank Five: eliminate controls on banks in every nation on the planet – in one single move. It was as brilliant as it was insanely dangerous.
How could they pull off this mad caper? The bankers' and Summers' game was to use the Financial Services Agreement, an abstruse and benign addendum to the international trade agreements policed by the World Trade Organization.
Until the bankers began their play, the WTO agreements dealt simply with trade in goods–that is, my cars for your bananas. The new rules ginned-up by Summers and the banks would force all nations to accept trade in "bads" – toxic assets like financial derivatives.
Until the bankers' re-draft of the FSA, each nation controlled and chartered the banks within their own borders. The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives "products."
And all 156 nations in the WTO would have to smash down their own Glass-Steagall divisions between commercial savings banks and the investment banks that gamble with derivatives.
The job of turning the FSA into the bankers' battering ram was given to Geithner, who was named Ambassador to the World Trade Organization.
Bankers Go Bananas
Why in the world would any nation agree to let its banking system be boarded and seized by financial pirates like JP Morgan?
The answer, in the case of Ecuador, was bananas. Ecuador was truly a banana republic. The yellow fruit was that nation's life-and-death source of hard currency. If it refused to sign the new FSA, Ecuador could feed its bananas to the monkeys and go back into bankruptcy. Ecuador signed.
And so on–with every single nation bullied into signing.
Every nation but one, I should say. Brazil's new President, Inacio Lula da Silva, refused. In retaliation, Brazil was threatened with a virtual embargo of its products by the European Union's Trade Commissioner, one Peter Mandelson, according to another confidential memo I got my hands on. But Lula's refusenik stance paid off for Brazil which, alone among Western nations, survived and thrived during the 2007-9 bank crisis.
China signed–but got its pound of flesh in return. It opened its banking sector a crack in return for access and control of the US auto parts and other markets. (Swiftly, two million US jobs shifted to China.)
The new FSA pulled the lid off the Pandora's box of worldwide derivatives trade. Among the notorious transactions legalized: Goldman Sachs (where Treasury Secretary Rubin had been Co-Chairman) worked a secret euro-derivatives swap with Greece which, ultimately, destroyed that nation. Ecuador, its own banking sector de-regulated and demolished, exploded into riots. Argentina had to sell off its oil companies (to the Spanish) and water systems (to Enron) while its teachers hunted for food in garbage cans. Then, Bankers Gone Wild in the Eurozone dove head-first into derivatives pools without knowing how to swim–and the continent is now being sold off in tiny, cheap pieces to Germany.
Of course, it was not just threats that sold the FSA, but temptation as well. After all, every evil starts with one bite of an apple offered by a snake. The apple: The gleaming piles of lucre hidden in the FSA for local elites. The snake was named Larry.
Does all this evil and pain flow from a single memo? Of course not: the evil was The Game itself, as played by the banker clique. The memo only revealed their game-plan for checkmate.
And the memo reveals a lot about Summers and Obama.
While billions of sorry souls are still hurting from worldwide banker-made disaster, Rubin and Summers didn't do too badly. Rubin's deregulation of banks had permitted the creation of a financial monstrosity called "Citigroup." Within weeks of leaving office, Rubin was named director, then Chairman of Citigroup—which went bankrupt while managing to pay Rubin a total of $126 million.
Then Rubin took on another post: as key campaign benefactor to a young State Senator, Barack Obama. Only days after his election as President, Obama, at Rubin's insistence, gave Summers the odd post of US "Economics Tsar" and made Geithner his Tsarina (that is, Secretary of Treasury). In 2010, Summers gave up his royalist robes to return to "consulting" for Citibank and other creatures of bank deregulation whose payments have raised Summers' net worth by $31 million since the "end-game" memo.
That Obama would, at Robert Rubin's demand, now choose Summers to run the Federal Reserve Board means that, unfortunately, we are far from the end of the game.
* * * * * * * *
Special thanks to expert Mary Bottari of Bankster USA BanksterUSA.org without whom our investigation could not have begun.
The film of my meeting with WTO chief Lamy was originally created for Ring of Fire, hosted by Mike Papantonio and Robert F. Kennedy Jr.
Further discussion of the documents I laid before Lamy can be found in "The Generalissimo of Globalization," Chapter 12 of Vultures' Picnic by Greg Palast.
Greg Palast is also the author of the New York Times bestsellers, Billionaires & Ballot Bandits, The Best Democracy Money Can Buy and Armed Madhouse.
When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn't believe it.
The memo is authentic.
To get that confirmation, I would have to fly to Geneva and wangle a meeting with the Secretary General of the World Trade Organization, Pascal Lamy. I did. Lamy, the Generalissimo of Globalization, told me,
"The WTO was not created as some dark cabal of multinationals secretly cooking plots against the people…. We don't have cigar-smoking, rich, crazy bankers negotiating."Then I showed him the memo.
It begins with Summers’ flunky, Timothy Geithner, reminding his boss to call the then most powerful CEOs on the planet and get them to order their lobbyist armies to march:
"As we enter the end-game of the WTO financial services negotiations, I believe it would be a good idea for you to touch base with the CEOs…."To avoid Summers having to call his office to get the phone numbers (which, under US law, would have to appear on public logs), Geithner listed their private lines. And here they are:
Goldman Sachs: John Corzine (212)902-8281Lamy was right: They don't smoke cigars. Go ahead and dial them. I did, and sure enough, got a cheery personal hello from Reed–cheery until I revealed I wasn't Larry Summers. (Note: The other numbers were swiftly disconnected. And Corzine can't be reached while he faces criminal charges.)
Merrill Lynch: David Kamanski (212)449-6868
Bank of America, David Coulter (415)622-2255
Citibank: John Reed (212)559-2732
Chase Manhattan: Walter Shipley (212)270-1380
It's not the little cabal of confabs held by Summers and the banksters that's so troubling. The horror is in the purpose of the "end game" itself.
Let me explain:
The
year was 1997. US Treasury Secretary Robert Rubin was pushing hard to
de-regulate banks. That required, first, repeal of the Glass-Steagall
Act to dismantle the barrier between commercial banks and investment
banks. It was like replacing bank vaults with roulette wheels.Second, the banks wanted the right to play a new high-risk game: "derivatives trading." JP Morgan alone would soon carry $88 trillion of these pseudo-securities on its books as "assets."
Deputy Treasury Secretary Summers (soon to replace Rubin as Secretary) body-blocked any attempt to control derivatives.
But what was the use of turning US banks into derivatives casinos if money would flee to nations with safer banking laws?
The answer conceived by the Big Bank Five: eliminate controls on banks in every nation on the planet – in one single move. It was as brilliant as it was insanely dangerous.
How could they pull off this mad caper? The bankers' and Summers' game was to use the Financial Services Agreement, an abstruse and benign addendum to the international trade agreements policed by the World Trade Organization.
Until the bankers began their play, the WTO agreements dealt simply with trade in goods–that is, my cars for your bananas. The new rules ginned-up by Summers and the banks would force all nations to accept trade in "bads" – toxic assets like financial derivatives.
Until the bankers' re-draft of the FSA, each nation controlled and chartered the banks within their own borders. The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives "products."
And all 156 nations in the WTO would have to smash down their own Glass-Steagall divisions between commercial savings banks and the investment banks that gamble with derivatives.
The job of turning the FSA into the bankers' battering ram was given to Geithner, who was named Ambassador to the World Trade Organization.
Bankers Go Bananas
Why in the world would any nation agree to let its banking system be boarded and seized by financial pirates like JP Morgan?The answer, in the case of Ecuador, was bananas. Ecuador was truly a banana republic. The yellow fruit was that nation's life-and-death source of hard currency. If it refused to sign the new FSA, Ecuador could feed its bananas to the monkeys and go back into bankruptcy. Ecuador signed.
And so on–with every single nation bullied into signing.
Every nation but one, I should say. Brazil's new President, Inacio Lula da Silva, refused. In retaliation, Brazil was threatened with a virtual embargo of its products by the European Union's Trade Commissioner, one Peter Mandelson, according to another confidential memo I got my hands on. But Lula's refusenik stance paid off for Brazil which, alone among Western nations, survived and thrived during the 2007-9 bank crisis.
China signed–but got its pound of flesh in return. It opened its banking sector a crack in return for access and control of the US auto parts and other markets. (Swiftly, two million US jobs shifted to China.)
The new FSA pulled the lid off the Pandora's box of worldwide derivatives trade. Among the notorious transactions legalized: Goldman Sachs (where Treasury Secretary Rubin had been Co-Chairman) worked a secret euro-derivatives swap with Greece which, ultimately, destroyed that nation. Ecuador, its own banking sector de-regulated and demolished, exploded into riots. Argentina had to sell off its oil companies (to the Spanish) and water systems (to Enron) while its teachers hunted for food in garbage cans. Then, Bankers Gone Wild in the Eurozone dove head-first into derivatives pools without knowing how to swim–and the continent is now being sold off in tiny, cheap pieces to Germany.
Of course, it was not just threats that sold the FSA, but temptation as well. After all, every evil starts with one bite of an apple offered by a snake. The apple: The gleaming piles of lucre hidden in the FSA for local elites. The snake was named Larry.
Does all this evil and pain flow from a single memo? Of course not: the evil was The Game itself, as played by the banker clique. The memo only revealed their game-plan for checkmate.
And the memo reveals a lot about Summers and Obama.
While billions of sorry souls are still hurting from worldwide banker-made disaster, Rubin and Summers didn't do too badly. Rubin's deregulation of banks had permitted the creation of a financial monstrosity called "Citigroup." Within weeks of leaving office, Rubin was named director, then Chairman of Citigroup—which went bankrupt while managing to pay Rubin a total of $126 million.
Then Rubin took on another post: as key campaign benefactor to a young State Senator, Barack Obama. Only days after his election as President, Obama, at Rubin's insistence, gave Summers the odd post of US "Economics Tsar" and made Geithner his Tsarina (that is, Secretary of Treasury). In 2010, Summers gave up his royalist robes to return to "consulting" for Citibank and other creatures of bank deregulation whose payments have raised Summers' net worth by $31 million since the "end-game" memo.
That Obama would, at Robert Rubin's demand, now choose Summers to run the Federal Reserve Board means that, unfortunately, we are far from the end of the game.
* * * * * * * *
Special thanks to expert Mary Bottari of Bankster USA BanksterUSA.org without whom our investigation could not have begun.
The film of my meeting with WTO chief Lamy was originally created for Ring of Fire, hosted by Mike Papantonio and Robert F. Kennedy Jr.
Further discussion of the documents I laid before Lamy can be found in "The Generalissimo of Globalization," Chapter 12 of Vultures' Picnic by Greg Palast.
Greg Palast is also the author of the New York Times bestsellers, Billionaires & Ballot Bandits, The Best Democracy Money Can Buy and Armed Madhouse.
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