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Goldfinger Fucks stole Gaddafi's $1.3bn dis-investment

 
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atm



Joined: 16 Apr 2006
Posts: 3862

PostPosted: Thu Jun 02, 2011 9:47 am    Post subject: Goldfinger Fucks stole Gaddafi's $1.3bn dis-investment Reply with quote

Quote:



Goldfinger Fucks stole 100% of Gaddafi's $1.3bn dis-investment


As compensation, Goldfinger Fucks offered to turn Gaddafi into one of its top political targets, the War Street Journal reports

A bitter twitter rift has opened up between the world's most powerful wankers and one of its most easily manipulated playboy puppets, after Goldfinger Fucks dis-invested $1.3bn (£790m) of Colonel 'KFC' Gaddafi's money – and lost virtually all of it, making an awesome profit for their fucking shareholders.

http://www.guardian.co.uk/business/2011/may/31/goldman-sachs-libya-investment

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Fintan
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Joined: 18 Jan 2006
Posts: 8097

PostPosted: Thu Jun 02, 2011 7:14 pm    Post subject: Reply with quote

Quote:
Libya's Goldman Dalliance Ends in Losses, Acrimony

MAY 31, 2011

.......
Libya was furious at Goldman over the nearly total loss of the $1.3 billion
it invested in nine equity trades and one currency transaction, people
involved in the matter say.

A confrontation in Tripoli between a top fund executive and two Goldman
officials left the bankers so rattled that they made a panicked phone call
to their bosses, these people say. Goldman arranged for a security guard
to protect them before they left Libya the next day, they say.


Discussions inside Goldman about how to salvage the fractured
relationship included Lloyd C. Blankfein, the company's chairman and
chief executive, David A. Viniar, its finance chief, and Michael Sherwood,
Goldman's top executive in Europe, according to documents reviewed by
The Wall Street Journal and people involved in the negotiations. All three
executives declined to comment.

Goldman offered the fund an opportunity to invest $3.7 billion in the
securities firm
. Between May and July of 2009, Goldman executives
made three proposals that would have given Libya preferred shares or
unsecured debt in Goldman, according to documents prepared by
Goldman for the fund. Each proposal promised a stream of payments
that would eventually offset the losses......

......READ FULL ARTICLE


Hard to believe that a soverign wealth fund ended up
invested totally in futures options --which is about the
only way you can end up losing 98% of your money.


But Goldman claim to have correspondance with the
Libyans about these investments. The Libyans strongly
disagree --claiming the Goldfinger Fucks had come up
with those investment ideas on their own.

However, since NATO began target practice on Gaddafi,
the Libyan soverign wealth fund office has gone off the
radar, with phones and emails unanswered.

So they aren't really relevant anymore. (<---- HINT #1)

And Gaddafi's got bigger problems right now. (<---- HINT #2)


Looks to me the play is like this:

1) Goldfinger Fucks knew that Lehmans was going to
be tossed to the wolves in order to be a dustbin for Wall St
losses and a fall guy for the whole financial ripoff.

2) In advance of the Lehmans takedown, Goldfinger
Fucks persuade the Libyans to go for the mega returns via
some options that are "sure things."

3) Goldfinger Fucks ensure their Wall St. buddies are
on the other side of those losing trades.

4) Goldfinger Fucks go back to Libyans figuring they
can shrug their shoulders with a resigned "who knew?" and
the Libyans will buy the idea that the losses are just an
unfortunate consequence of an unpredictable calamity.

5) Libyans know they have been bitched and point out
that if they don't get their money back, there will be another
calamity --one which slices many pounds of flesh out of the
asses of the Goldfinger Fucks themselves.

6) Goldfinger Fucks begin to negotiate their way out
of the situation -- but real slow-- due to insider knowledge
that given enough time Gaddafi and his soverign wealth
fund will be on the wrong side of the Arab revolution.

And thus not be really relevant anymore. (<---- SEE EARLIER HINT)


I'd love to know who was on the other side
of the almost $1.3 Billion in Libyan losses.

Nice sting.

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Fintan
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Joined: 18 Jan 2006
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PostPosted: Thu Jun 02, 2011 7:35 pm    Post subject: Reply with quote

Pravda chimes in on the broader issue of what
has happened to Libya's soverign wealth fund.

And why:


Quote:
The theft of the Libyan soverign funds

June 1, 2011 - Pravda

The objective of the war in Libya is not just oil, whose reserves (estimated at 60 billion barrels) are the most important in Africa and whose extraction costs are among the lowest in the world. Not so little also, natural gas, whose reserves are estimated at about 1.5 trillion cubic metres. In the crosshairs of "volunteers" of operation "unified protector" are also the sovereign funds, the wealth, the Libyan capital that the state invested abroad.

Sovereign funds managed by the Libyan Investment Authority (LIA) are estimated at 70 billion U.S. dollars, soaring to more than 150 when including foreign investment of the Central Bank and other bodies.

And they could be even more important. Although lower than that of Saudi Arabia or Kuwait, Libyan sovereign funds are characterized by their rapid growth.

When the LIA was founded in 2006, it had 40 billion dollars. In just five years, it had invested in more than one hundred companies: North African, Asian, European, American and South American, holding companies, banks, real estate, industry, oil companies and others.

In Italy, the main Libyan investments were made in UniCredit Banca (LIA and that the Libyan Central Bank owns 7.5%) in the Finmeccanica (2%) and ENI (1%): These investments and others (including 7 5% at Juventus Football Club) have a less economic significance (amounting to about 4 billion U.S. dollars) than political.

Libya, after Washington had removed it from their list of "rogue" countries, tried to reestablish a place in the international arena by relying on "diplomacy of sovereign funds." When the United States and the European Union abolished the embargo of 2004, and the big oil companies returned to the country, Tripoli could have a trade surplus of around 30 billion dollars per year largely due to foreign investments.

The management of sovereign funds, in the hands of ministers and senior officials, however, created a new mechanism of power and corruption that probably escaped from Gaddafi's own control - as confirmed by the fact that in 2009 he proposed that the 30 billion dollars of oil dividends were to go "directly to the Libyan people." This has exacerbated the internal divisions within the Libyan government.

In in these fractures the dominant ruling circles supported ordinary Americans and Europeans who, before attacking Libya militarily to take possession of its energy wealth, appropriated the Libyan sovereign funds. This operation was favored by the representative of the Libyan Investment Authority, Mohamed Layas.

As shown in a diplomatic cable published by Wikileaks, on January 20th, Layas informed the U.S. Ambassador in Tripoli that the LIA had deposited 32 billion dollars in U.S. banks. Five weeks later, on February 28th, the U.S. Treasury "froze" them.

According to official statements, this is "the largest sum of money ever blocked in the United States, which Washington holds "in trust for the future of Libya." It will serve, in fact, as an injection of capital into the U.S. economy, more and more in debt. A few days later, the European Union "froze" around 45 billion euros of Libyan funds [NR].

The robbery of Libyan funds will have a particularly strong impact in Africa. On this continent, the Libyan Arab African Investment Company made investments in over 25 countries, including 22 in sub-Saharan Africa, planning to increase them over the next five years, particularly in mining, manufacturing, tourism and telecommunications.

The Libyan investments were instrumental in the realization of the first Rascom telecommunications satellite (Regional African Satellite Communications Organization), which was placed into orbit in August 2010, allowing African countries to begin to become independent of the American and the European satellite networks, thus realizing an annual savings of hundreds of millions of dollars.

Even more important were the Libyan investments in the realization of three financial institutions launched by the African Union, the African Investment Bank, whose headquarters are in Tripoli, the African Monetary Fund, based in Yaoundé (Cameroon), the African Central Bank, located in Abuja (Nigeria).

The development of these organisms would allow African countries to escape the control of the World Bank and International Monetary Fund, both instruments of neo-colonial domination, and should mark the end of the CFA franc, the currency that 14 ex-colonies are required to use . The freezing of Libyan soverign funds deal a very hard blow to the entire project.
The weapons used by the "volunteers" are not only those of the operation "unified protector."

[NR] Portuguese Banco Commercial in Madeira froze an offshore account of a 14 million euros of the LAP, which is a subsidiary of Libya Africa Investment Portfolio, which in turn is a subsidiary of the LIA.

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noplacebo



Joined: 25 Mar 2007
Posts: 202

PostPosted: Sun Jun 05, 2011 8:55 am    Post subject: Reply with quote

so maddoggadaffi was going to circumvent the world bank and the imf (thee major tools in globalist control) via african counterparts, and an uprising just happened to foment at the same time (as obviously totally innocent cia operatives are in the country) is just incredible.
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atm



Joined: 16 Apr 2006
Posts: 3862

PostPosted: Sun Jun 05, 2011 5:06 pm    Post subject: Reply with quote

For what it's worthless, the Colour of Money Revolution has now gone into warp drive:



Trump that with your Starbucks breakfast.

Donald! Duck, you stooge fuck.
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