Saturday, March 24, 2012

Wave of Banking Resignations Likely Foreshadows Financial Collapse

Dees Illustration
Brandon Turbeville
Activist Post

On March 20, 2012, I wrote an article entitled “Worldwide Banking Resignations Triple According To Revised Numbers: Why Now?” which listed the latest banking, CEO, and financial institution resignations as compiled by independent blog, American Kabuki. At the time of the writing of that article, the list of resignations had reached a total of 358.

This was in fact the third article I had written on the subject; the second being a discussion on the statistics provided by American Kabuki regarding the average number of resignations in years past compared to those currently being announced which, if the information is correct, skyrocketed in late 2011.

In all three of the articles in which I addressed this topic, I ended the piece by asking the obvious question -- “Why?”

Why are so many bankers, board members, and CEOs suddenly resigning from their posts? More specifically, why are they resigning now?

Unfortunately, as of this writing, these questions remain unanswered. In fact, there is not even a hint as to why this mass exodus is occurring. Nevertheless, let us briefly consider a few possibilities.

Initially, one might suspect that these individuals, acting on some sort of insider information (which they are obviously doing), are exiting the ranks of institutions that will soon be the focus of a massive investigation by relevant authorities. One might logically suspect that the rats are jumping ship to save their own skins which will be all the more in danger if they remain in their positions when the investigation begins.


However, although this may be one of the first reasons for such resignations that come to mind, upon further examination, one finds some major holes in this theory.

For instance, if one has been part of a major crime (as the vast majority of these institutions have been), it is not likely that the mere prospect of being retired or employed by another institution would prevent prosecution once that crime has come to light.

In fact, one might be better served by remaining on board so as to be in an even better position by which to cover up evidence and confound the investigators. That is, if one did not think the effort completely hopeless. Keep in mind, many individuals who were in a position to provide or deny evidence regarding the record put options on American Airlines, United Airlines, and Morgan Stanley Dean Witter shortly before 9/11, would not have been able to remain stone silent if they had not remained in their position so that they could be deputized during the investigation.

Of course, if one did find a cover-up to be impossible, it is also likely that one would resign in “protest,” being “appalled” at the corruption witnessed inside the institution. Yet, with that in mind, it should be noted that there have been very few “protest” resignations announced in the latest wave of departures.

It is almost universally recognized that large banking institutions are rife with corruption, fraud, and predatory practices. The 2008 housing crisis is case in point. Here, large institutions were intentionally giving loans that were nothing more than ticking time bombs to recipients whom they knew would never be able to repay them. Indeed, it was found that the majority of these loans were completely fraudulent from the start with the borrowers being fooled into accepting them. Not only that, but the 2008 housing crisis was merely a smokescreen cover for the larger crisis of derivatives looming above them – another banker-engineered scam that is threatening to bring down the world economy at some point in the near future. (See Webster G. Tarpley’s excellent book, Surviving The Cataclysm to understand the full extent to which derivatives threaten the world economy.)

But it was the agencies such as the SEC, who are tasked with policing such behavior, that allowed much of this criminality to continue over and over for decades. Punishments have been minute where they have been meted out at all, and the transfer of wealth from the average American to the coffers of the large international banks has been facilitated by no other institution more so than the Federal government.

The Federal Reserve, itself a cartel of private international banks, stood to gain nothing by acting in the interests of the American people, and they have acted in obvious knowledge and accordance with this fact.

Therefore, with such massive levels of corruption in every regulatory agency tasked with policing private banks, it seems there is little concern that a real, large-scale, investigation with real, large-scale repercussions for the criminals being investigated will actually occur. Obviously, if there is no looming investigation, then our first supposition regarding the resignations begins to lose its steam.

That is, of course, unless the information provided by individuals like David Wilcock and Benjamin Fulford turns out to be true. Likewise for the lawsuits filed by Neil Keenan and Joseph Riad.

However, having mentioned the looming derivatives bubble, there is also the suggestion that many of those resigning are simply bailing out before the rocket ship they rode to riches crashes back down to earth, taking all of the little people with it.

Whether it is what now seems to be the foregone conclusion of WW3 in the Middle East, derivatives, IMF shock therapy, simple default, subversion, societal unrest, or even natural disasters, one thing is almost for certain – the house of cards known as the “economy” is going to fall.

There is little doubt that many of the individuals now cashing in their chips would be in a position to know when that collapse is coming, and others may see it coming simply by watching the signs of the times. Whether it’s the attitude of “Get out while you can,” or “Our work here is done,” there seems to be a growing trend of aristocrats rushing for the exits while the rest of us stand around in amazement wondering just what is going on.

But there is also the possibility that the resignation stampede is not a stampede at all, but something much more orderly. While an economic collapse seems imminent, perhaps the banking lords are neither abandoning ship nor rearranging the deck chairs on their sinking vessel -- perhaps they are simply rearranging the corporate structure.

Perhaps many of those who have recently announced their resignation are not pulling out of the game entirely, but merely warming the bench for a return when the next play is called for them. Simply put, what if those who are now resigning are only waiting to take up new positions in some other institution?

Going one step further, however; what if, in addition to an economic collapse, there is also a coming merger that will make some of their current positions obsolete? Remember, we have been hearing calls for world government structures and mechanisms of “global governance” for some time.


Much like the snowballing number of resignations in recent months, we have also been hearing a flurry of calls for a world banking system that will control not just world finance but the monetary and fiscal policies of every nation on the planet.

Of course, I am not claiming that any of these ruminations are definite answers to why so many resignations have occurred in such a short period. I am merely presenting some of the more heavily pondered suggestions with reasons for why they might be true (or not).

The truth is, as I stated earlier, that we simply do not know the reason why. At this point, we can only speculate that something significant is taking shape. Yet the fact is also that, whatever the cause, those resigning their positions do know the reasons why, even if they only know their own personal reasons. This information would likely be very helpful to those of us who are not part of the elite global cabal.

Please feel free to leave your suggestions in the comments section below as to why you think so many resignations have recently been announced.

Read other articles by Brandon Turbeville here

You can support this article by voting on Reddit:  http://www.reddit.com/r/conspiracy/comments/rbbsh/wave_of_banking_resignations_likely_foreshadows/

Brandon Turbeville is an author out of Mullins, South Carolina. He has a Bachelor's Degree from Francis Marion University and is the author of three books, Codex Alimentarius -- The End of Health Freedom, 7 Real Conspiracies, and Five Sense Solutions. Turbeville has published over one hundred articles dealing with a wide variety of subjects including health, economics, government corruption, and civil liberties. Brandon Turbeville is available for podcast, radio, and TV interviews. Please contact us at activistpost (at) gmail.com. 


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46 comments:

Anonymous said...

One can speculate and appear academic while one's intention is to re-enforce one's world view and pass it off as analysis. Couldn't one? It don't mean squat.

ENGLISHMAN said...

Rats leaving a sinking ship?

dave1010 said...

Maybe they know cosmic judgement is coming, and want to right their wrongs.

d

Anonymous said...

No matter what happens or their motives, we obsolutely must remember their names and keep track of them. We might want to talk to these people at a latter date.

Allison said...

Personally, I quit a job that isn't worth my time. If these CEO's feel that they have stole most of what they can steal, it might be a good reason to quit. They are collectively looking at diminishing returns? Perhaps.

Paul Bondarovski said...

To me, these are the signs of the imminent 'nazionalization' of the entire world banking system and the creation, by this summer 2012, of a unique world central bank controlled by the New World Order supranational government, which will first of all issue the unique world currency to replace the dollar, the euro and the most of others. This world currency will most probably be electronic only, with no physical equivalent, and you can imagine what it will mean for billions people. And all this is for THIS year, folks!

Anonymous said...

^ That's quite a claim. Do you have any objective information to back it up, besides just reading into events and drawing conclusions based on your world views?

Anonymous said...

It would be interesting to cross reference the names of the resigning executives with the National Defense Executive Reserve (NDER) which is mentioned in Obama's National Defense Resource Preparedness executive order Section 501. Are these executives being activated for a so called national emergency?

Anonymous said...

Look at the age of financial advisers we see regularly on the Internet; Jim Rogers, Warren Buffet, Marc Faber, John Embry, John Hathaway, Gerald Celente, etc. Although they haven't yet retired, they are in or close to the retirement age. The rash of retirements might just be a function of the relationship between age and health.

It would be interesting to see the ages of those that have bowed out.

Anonymous said...

This is nothing to do with anything bad. Trust me. Good things are coming.

Anonymous said...

Perhaps they want to get settled into their underground facilities a bit early and avoid the rush... Can't very well just not show up at work one day, can they? So they resign and effectively disappear. You won't see these guys in the flesh again. Maybe some blogging, article writing and on-line interviews, but that's it. Those at the very top of the pyramid, with truly unlimited resources, have "retired" quite some time ago and left us to gawk at "people" that look very similar, but just ain't the real deal. I loved when someone hacked into the "Bush model" years ago while debating Kerry live on TV. People just didn't understand what they were witnessing then. These lower level bankers now, despite being worth millions, don't quite have the clout to replace themselves in the same manner, so they need to do the retirement / resignation act. Kenneth Lay has a little more clout, but he only needed a model that played dead, which is much easier to do, especially when you own the out-of-state pathologist. Those who "handle" the Hilarious Clinton models have been badly embarrassed by poor scheduling that actually have "her" at different places at nearly the same times. Too ambitious methinks. If only the Press was free to talk and show their revealing photos, the mystery of our Leaders would soon evaporate. This is relevant because when the sentencing and lynchings begin, we all want the real deal to be punished, not some muppet. Think about it.

Anonymous said...

Arrest all involved for the past fifteen years . Incarcerate them , until they make full disclosure . Put them on notice , should any information given be found untrue , they will be reincarcerated for a minimum of fifteen years ! The wealth of information would be enormous !

Anonymous said...

These international bankers can run but not hide. Their wealth will give them away. The international trade is shrinking as it should be. It is overvalued by many times through the derivatives scam which will also collapse. People are beginning to ask the question, "Why buy oranges from half way around the world when they grow in my backyard?"
These internationals seek war but are having a hard time getting people to buy into it. ALL war is prosecuted by lies and the internet has exponentially shortened their gaming time. Almost instantly agent provocateurs or using the nautical term, 'false flags' are found out undermining the very engine of fomenting wars.
These rats leaving the ship are hoping to buy influence and privacy through their private armies.
There probably will be a NWO, but not the one of fear-mongers but more a form of truly worldwide democracy which in the end be as threatening as a suggestion to NOT drink raw milk.
If I was part of the political class I would be looking to change careers because the world is beginning to see how utterly useless they truly are.

geobro said...

i remember reading years ago some where that one day we would wake up & all the rulers will be gone . ive been watching chinooks land at deep underground mil bases in scotland .ive worked in them at my trade .big is an putting it mildly i got scared at the size & that dont happen very often .could it be the solar system is lineing up magneticaly or something who knows

Anonymous said...

Another possibility is that the tide of power is turning, these people are backing off because they know they cannot win. They will recluse back into their hovels and wait until next century.

Anonymous said...

They pulled out before they lose their jobs. Banks are being phased out because they are no longer necessary. If you wish to trade you will have to have the chip. This is the new financial system. It is a point system. You get brownie points if do what the beast wants. If you don't, no brownie points. The imbedded chip makes the whole banking/tax thing unnecessary.

Olympia said...

Global Debt Crisis

The greatest private fraud of human history.
Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy "illness" threaten Democracy and the freedom of people?

http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
---------------------------------
By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...

Authored by PANAGIOTIS TRAIANOU

Anonymous said...

I think everone will be surprised and see good things come out of this. Believe me these people are being watched and as I understand some are under house arrest.It will come all out in the wash!

Cosmic Pulse said...

The writing's on the wall, the Banksters are getting out because the Ponzi scheme has run it's course. The Bankers who have quit are set up for life, they don't even need to work anymore, especially if they move to a another country. The Elite have a replacement in the works for their obsolete Ponzi banking schemes: It's an upgrade in their eyes...and it's called a cashless society. They want total information awareness about who you are, what you spend your credits on and furthermore they will withhold credits if you do not do as you ought to. I will eat my food out of a dumpster before i will submit to their shitty system. Fortunently, they will not succeed in their Evil plans because there is another Force in this Universe who will come to the aid of humanity. I say this not in a religious sense, but in a Quantum/spiritual sense. We are free beings and will not be enslaved.

Anonymous said...

You must have a cosmic perspective to understand what is going on with these resignations. All time lines are starting to converge, and it is pointless for the bad actors to stay in their present position. In the not too distant future the economic/political system they manipulated so well will go by the wayside. The connected ones know this and are in a blind panic. Many are leaving their positions to sort things out. No matter because they will still be held accountable, but some feel their culpability will be somewhat mitigated if they aren't part of the system when it all comes down. In short the elite no longer have control of what happens. An evolution of consciousness is about to dawn and it can't be manipulated. Everyone will know the truth. This is the end of their world, and the beginning of ours.

Stay tuned, you will like what you see.

Fud

Anonymous said...

Im aware of quite a few of these ex bank eecutives buying huge farms in such places as New Zealand and South America. They collectively know this system is about to come tumbling down.

canobs said...

Global governance is scary especially that the privatized fed banking system will be involved financing wars and destabilization of sovereign nations_____ read more at - publicbanking institute.com - webofdebt.com - and - the article : legalized corruption at - canobs.livejournal.com

Lysander Spooner said...

"...a form of truly worldwide democracy..."


Democracy is nothing more than another form of tyranny. Tyranny of the majority. Why on earth would one want a worldwide tyranny of the majority?

Anarchy is the purest form of freedom. Anarchy is simply voluntary interaction. All interactions between human beings are mutual/consensual/voluntary.

Anonymous said...

Substantiation of Illuminati takeover plans is hard to find, but you might check this out:
http://www.globalreport2010.com/newedition.htm

Anonymous said...

Seems like a good time to buy a very large, ocean-going sailboat, fitted out for long term survival, and ride the upcoming financial storm out at sea. That's what I would do if I had a few hundred million and no job... Fish all day, watch the UFO's in the night sky. Beats sitting at a desk all day counting your paper money.

Anonymous said...

We will need their biometric data, so that they can be indisputably identified for prosecution for crimes against humanity—every last one of them.

Anonymous said...

Most likley thease people were told what to do. What we need to look at is there replacements and what their backrounds are.

Anonymous said...

I stand by Fulford.

James Farganne

James Farganne said...

I stand by Benjamin Fulford, whose legitimacy has been corroborated by none other than Jim Stone.

Why doesn't this website call more attention to Jim Stone and the TRUTH about Fukushima???

www.jimstonefreelance.com

James Farganne

James Farganne said...

Sorry for the repeats. The above notice about approval is in Korean here, and I didn't READ it.

James Farganne

Anonymous said...

they're headed underground before the sun wreaks havoc. check out "warning solar data" in www.godlikeproductions.com

Anonymous said...

The Federal Reserve was created in 1913 - with a 100-year clause....just thinking...

Anonymous said...

I agree with Paul B as it's obvious this system is going down, and Global Governance will be put in it's place, and a cashless society is more than feasible. This has been in their plans for as long as I can remember. With NDAA, Leon Panetta and Dempsey telling Congress they are only ceremonial,and the latest EO signed March 16th one can readily see that they are ready to finally pull the curtain back and show us all whats behind the curtain. I noticed that in this new order there are many references to the Presidents assistants. Looks to me that there is no more Vice President either. Hows that "CHANGE" working for us folks? Do you still have a smile on your face?
Prov 24:5 A wise man is STRONG and a man of knowledge increases his STRENGTH. We need all the help and STRENGTH we can get. In these last days it's the people who know their God that will be STRONG and do EXPLOITS Daniel 11:32 and 12:10 says it's the WICKED who will not understand these things in these last days, but the WISE will understand. There is no other name under heaven by which a man must be saved other than the name of Jesus Christ Acts 4:12
I pray people will understand the urgency of the hour, as that which was familiar to you, in every aspect of life, is now "ALL CHANGED.

Anonymous said...

I've been trying (in vain thusly) to get local news in my country to investigate these resignations to see what is behind them. Perhaps, as the author notes, it is just normal ebb and flow as the average age has crept up and with the downturn in the economy, people are just moving on.

It *may* not be anything conspiratorial...*may*...

Anonymous said...

You folks writing about this subject should do an analysis of the jobs being left. Are they traders? Modelers? Corporate financeers? Or Human Resources VPs? A pattern would probably tell the story.

Anonymous said...

I THINK ''THEY'' WILL FROCE STATE BANKING ON US.???

Anonymous said...

The prophet said - If you see the anti christ, run the other way.

Anonymous said...

Very thought provoking article! The banking resignations may be a reflection of something far more insidious.

Yes, the bankers were complicit, but they were complicit with the masters who are in power, the ones who have mapped the one world government order.

The bankers were an easy lure because they reaped huge financial benefits as payment for their complicity in the greatest robbery in history. Due to the 'marriage' of the cabal and the bankers, the government did not prosecute them after the 2008 bank failure was publicized. After all, they were 'in bed' together.

The puppet masters have been siphoning both the U.S. Treasury and the banks for a number of years. I feel certain that if there ever was an independent investigation that would follow the money, the world would be shocked.

I think the bankers are bailing out because they are being ordered to continue siphoning more funds to the corrupt cabal. The bankers are at the point where they know that this cannot continue; that this will lead to a total collapse. Perhaps, a collapse is what the cabal wants. Maybe that is why draconian measures have been put in place recently by the Obama regime - i.e. the Executive Order of 3/16/12, the NDAA, Leon Panetta's claim that they take orders from the U.N. and NATO, and so forth. I don't think this is a coincidence.

Also, why has there been no investigation about the $2.3 trillion that the Pentagon was unable to account for? Where did that money go to? The cabal that stole that money is the same criminal group that has been shaking down the banks.

Yes, there is something brewing on the horizon by the criminals who hijacked this nation.

Anonymous said...

I appreciate the comment that quoted Daniel 11:32 and Daniel 12:10.

In Daniel 11:40-45, he writes that the 'King of the North', the current world empire, would subdue Egypt, Libya and the Nubian people. Then he would hear news from the east and north that will alarm him and make him angry. He will go to destroy many nations. But, finally, his end will come, and no one will save him.

Daniel 12:3 says: "The wise people will shine like the brightness of the sky. Those who teach others to live right will shine like stars forever."

The end of the corrupt commercial empire will come down suddenly and swiftly. See Revelation chapter 18.

So, have hope in the good things to come. The corrupt and evil things that are happening were foretold long ago for those of us who love truth and goodness; for those of us who will remain loyal to our great God and his Son till the end.

Anonymous said...

It would be wise to hold a 3 month store of food and water though just in case this is what is happening. Economic collapse has been on the cards a while, but they just keep putting the wheel back on the wagon! One of these days it is going to pop though, the system is broken beyond repair, so what ever they do the the shit will hit the fan-sooner or later. Just be prepared!

Anonymous said...

Very interesting article - Occam's razor....the simplest answer is ???? ......so do tell. Methinks keeping a VERY CLOSE watch on these individuals is called for....where they go and what the do from the 'now' will indicate when the other shoe will drop or when the shtf happens.
With NDAA in place as well as the 'new' executive order to give the junta in America the power to seize property, resources and persons for incarceration,execution and drafted 'workers'....maybe seeing 'who' the military is 'liberating' right now is also called for.....like maybe a sudden need for 'certain' qualifications like medical etc etc
For e.g what has Nat Rothschild or Tony Howard ( of bp fame!)been up to?
Why was this russian banker shot in London........?
and follow the money or at least the 'latest' manifestation of wealth in all it's potential forms.........
Humanity is faced with several rocks in very hard places........dollar collapse, a very fatigued US military ( that seems to be imploding or 'why' would they let the afghan massacre slip into the msm......kony-ism, flaming racial tensions in Florida and heightened anti-semitism in France........++ Volcanic and seismic activity very very hostile, Weird Climate changes - no US winter and barely a springbreak......Cosmic strangeness - Solar Flares and clouds on Mars coupled with a slowing Venus......Earth's magnetic shift.....and always the nuclear threat of a WW3.......many many pots boiling but WHICH ONE are these rats running from or rather towards.........hmhmhmhmhm....very interesting!

Anonymous said...

The banking executives are not running to the exits with Federal Reserve Notes. They have golden parachutes with a silver lining stored underground and have off shore refuges while the sheep that are holding worthless Federal Reserve Notes crash to the ground and bear the full blunt of the blow. It's called constructive and orchestrated fraud. Bankers have practicing swindles for centuries. The elite politicians, bankers and industrialist are all in on the fraud. It's called aiding and abetting a criminal enterprise.

Anonymous said...

As many have speculated and is most obvious.. they are simply evacuating ship and relocating to their luxurious settlements set in place long ago.. whether it be underground, on foreign land, or some remote island does not really matter.. Non-gmo popcorn in hand, they can't wait to witness the sad orchestrated events begin to unfold that they have long put into place. They are already a bit behind schedule anyhow.

Anonymous said...

The method by which the international bankers keep in bondage and economic slavery is to keep them as perpetual debt surf slaves and keep them in ignorance. The method by which they stay in power is through the central bank and the military. They are having their reward in full. In the eastern philosophy there is the universal law of KARMA. In the western phylosophy it is called, you reap what you sew. In other words what goes around comes around.

Anonymous said...

@geobro, what can you do about it? There is trillions stolen and yet the citizens stand there holding their crank. There are no heros left. Might as well salute and go down with the ship. Or....

Anonymous said...

can someone advise me what this could mean for those with credit card debt? I'm at the point with saving money where I could either keep saving it, spend it, or pay of cc debt. it's looking less and less wise to pay off my cards. any direction would be appreciated.

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