Rothschild Bank AND Goldman Sachs Are Both On The LIST Of Bondholders Getting U.S. Taxpayer Billions In Irish Bailout
(The Daily Bail) --
Guess what, Ireland. Brian Lenihan and Brian Cowen just sold you down the IMF river. Why? To bail out bank bondholders and giant European banks. Of course! That's what governments are for these days, apparently. And they'll tell you that the bailout policy is all for you own good. And for little old ladies and pensioners and orphans. Just don't tell that to the cancer patients.
Yep, another nation made IMF debt slaves on behalf of the international banking cartels. And Goldman Sachs and Rothschild Co are on the list.
Check it out below -- Guido Fawkes' blog has acquired the list of Anglo-Irish Bank's bondholders.
From Guido Fawke...
Anglo-Irish Bank did not represent a systemic risk to the Irish economy, it wasn’t a high street bank like AIB or the Bank of Ireland. If it had been allowed to go the way of Lehmans the only losers would have been shareholders and bondholders. The Irish state stepped in and nationalised a bank that was basically run by crooks lending to property speculators.
The Irish people are taking losses that should rightly have been shouldered by bondholders.
That is the risk investors take.
So why is Dublin’s political establishment so keen to protect foreign investors at the expense of future generations? Guido has obtained the list of foreign Anglo-Irish bondholders as at the close of business tonight. These are the people whom Dublin’s politicians really seem to care about...
SO.... on one side we have Ireland whose bond holders, its people, have between them a total GDP wealth of 0.207 trillion euros. Who are being FORCED, against their will, to pay Anglo Irish bank's debts to its bond holders, who between them hold 20.8 Trillion euros. The people of Ireland are paying to, and protecting the wealth and power of, people who have 100 times more wealth!...
So who are they? Well many of the bond holders are privately held banks, which list their activities as asset management for off-shore, non-resident and high value individuals. To give you an example, one of the private banks is EFG Bank of Luxembourg. EFG stands for European Financial Group which is the third largest private bank group in Switzerland. It manages over €7.5 trillion in assets. It is 'mostly', 40%, owned by Mr Spiro Latsis, son of a Greek shipping magnate. He also owns 30% of Hellenic Petroleum. His personal fortune is estimated to be about $9 Billion...MORE...LINK
Comment by "Chris Moore" on The Pale Male Paradox: How White Men Achieve Most and Are Vilified Worst, by Tobias Langdon - And it’s natural that whiteness would be most vilified precisely because it’s most valuable in maintaining the modern world and western hegemony. One rea...
1 day ago