Thursday, February 10, 2011

http://www.veteransforcommonsense.org/index.php/national-security/2065-april-glaspie
Excerpt:


WikiLeaks Reveals a Smoking Gun: U.S. Encouraged Iraq to Invade Kuwait in 1990 and Start Gulf War
Written by April Glaspie
Wednesday, 05 January 2011 00:11
PDF Print E-mail
Viewing [State Department] cable 90BAGHDAD4237,
SADDAM'S MESSAGE OF FRIENDSHIP TO PRESIDENT BUSH
If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs [see WikiLeaks for futher information]
Reference ID 90BAGHDAD4237
Created 1990-07-25 12:12
Released 2011-01-01 21:09
Classification SECRET
Origin Embassy Baghdad
251246Z JUL 90
FM AMEMBASSY BAGHDAD
TO SECSTATE WASHDC IMMEDIATE 4627
INFO AMEMBASSY ABU DHABI IMMEDIATE
AMEMBASSY CAIRO IMMEDIATE
AMEMBASSY KUWAIT IMMEDIATE
AMEMBASSY RIYADH IMMEDIATE
ARABLEAGUE COLLECTIVE


WikiLeaks Reveals a Smoking Gun: U.S. Encouraged Iraq to Invade Kuwait in 1990 and Start Gulf War
Written by April Glaspie
Wednesday, 05 January 2011 00:11
PDF Print E-mail
Viewing [State Department] cable 90BAGHDAD4237,
SADDAM'S MESSAGE OF FRIENDSHIP TO PRESIDENT BUSH
If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs [see WikiLeaks for futher information]
Reference ID 90BAGHDAD4237
Created 1990-07-25 12:12
Released 2011-01-01 21:09
Classification SECRET
Origin Embassy Baghdad
251246Z JUL 90
FM AMEMBASSY BAGHDAD
TO SECSTATE WASHDC IMMEDIATE 4627
INFO AMEMBASSY ABU DHABI IMMEDIATE
AMEMBASSY CAIRO IMMEDIATE
AMEMBASSY KUWAIT IMMEDIATE
AMEMBASSY RIYADH IMMEDIATE
ARABLEAGUE COLLECTIVE


http://tvnewslies.org/html/stop_ignoring_9_11___pnac.html
Excerpt:
FACT: We have an administration built around a group of people that has drawn members from previous administrations, many of whom were involved in crimes, lies, dirty tricks and warmongering. From the dirty tricks camp of Nixon to the crop of Iran-Contra felons, our administration is comprised of people who have treated our government and military as tools for their personal use. Add to that former members of the George H. W. Bush's administration and his and circle of friends. Remember that Daddy Bush hired a PR firm to create lies that would coerce Congress into attacking Iraq even after he had given Saddam a tacit nod to invade Kuwait. (That, by the way, was an impeachable offense). All these people were assembled and ready for action before they ever invited George W. Bush to run as their front man.

Excerpt:

In June 1993, the U.S. involvement in Somalia turned from a "humanitarian" mission to one that was attempting to capture the newly-demonized Mohammed Aidid. There was much bloodshed. Shortly before the public demonizing of Aidid, Glaspie had been re-assigned to Somalia. She wrote the new script.

Soon after the Somalia debacle, Glaspie again disappeared, only to turn up in the Rwanda area, where the slaughtering of over a million people was just getting underway. Prior to her stint in Iraq, Glaspie was stationed in Syria during the Lebanese bitter and bloody civil war. Is the fact that Glaspie happens to appear in areas in which there is violence shortly after her debut a matter of chance, or, possibly the prelude to destruction? Theoretically, she retired from government service in 2002. But, I wouldn’t bet on it.

Excerpt:
Divestment
On September 3rd 2009, the Norwegian Pension Fund's ethical council decided to sell the fund's stocks in Elbit due to the corporations supply of surveillance systems for the Israeli West Bank barrier.[5] At a press conference to announce the decision, Minister of Finance Kristin Halvorsen said "We do not wish to fund companies that so directly contribute to violations of international humanitarian law". The Norwegian Ambassador to Israel was called to a meeting at the Israeli Foreign Ministry where the decision was protested.[6]
In January 2010, Danske Bank added Elbit to the list of companies that fail its Socially Responsible Investment policy; a bank spokesman noted that it was acting in the interests of its customers by not 'placing their money in companies that violate international standards'[7][8]. The Danish financial watchdog Danwatch has also placed Elbit on its ethical blacklist[9], and one of Denmark's largest pension fund administrators PKA Ltd announced it will no longer consider investing in Elbit, stating "The ICJ [International Court of Justice, the Hague] stated that the barrier only serves military purposes and violates Palestinian human rights. Therefore we have looked at whether companies produce custom-designed products to the wall and thus has a particular involvement in repressive activities."[8]
In March 2010, a Swedish pension fund not wanting to be associated with companies violating international treaties, boycotted Elbit Systems for being involved in constructing the Israeli West Bank barrier.[10]

[edit] Major subsidiaries

Elbit's major subsidiaries and affiliated companies include Elbit Systems Electro-Optics Industries Elop (Elop), Cyclone Aviation Products (Cyclone), Tadiran Communications, Silver Arrow, Ortek, and Elisra. Among products manufactured by Elbit are the Enhanced Tactical Computer and the Elbit Hermes 450 unmanned aerial vehicle.

[edit] Global presence

[edit] USA

Elbit also owns several companies in the United States through its American subsidiary, Elbit Systems of America (ESA):
http://www.counterpunch.org/whitney03152010.html
Excerpt:

Lehman Brothers Scandal Rocks the Fed

By MIKE WHITNEY
After a year-long investigation, court-appointed bank examiner Anton Valukas has produced a deadly 2,200 page report which details the activities that led to the Lehman Brothers bankruptcy. The report is a keg of dynamite. The question now is whether anyone in government has the nerve to light the fuse. Valukas provides powerful evidence that Lehman executives were involved in “balance sheet manipulation” by implementing an arcane accounting procedure called “Repo 105” which masked the bank's true financial condition from investors and regulators.
According to Valukas, Lehman was “Unable to find a United States law firm that would provide it with an opinion letter permitting the true sale accounting treatment" using Repo 105. So, Lehman executives went outside of the country in an effort to enlist the support of a London law firm that would approve the procedure.

http://en.wikipedia.org/wiki/Repo_105
Excerpt:
Repo 105 is a repurchase agreement which results in an accounting maneuver where a short-term loan is classified as a sale. The cash obtained through this "sale" is then used to pay down debt, allowing the company to appear to reduce its leverage by temporarily paying down liabilities—just long enough to reflect on the company's published balance sheet. After the company's financial reports are published, the company borrows cash and repurchases its original assets.

 

[edit] Use by Lehman Brothers

Repo 105 was used by investment bank Lehman Brothers three times according to a March 2010 report by the bankruptcy court examiner. The report stated that Lehman's auditors, Ernst & Young, were aware of this questionable classification.[1] Law firm Linklaters has received unfavourable press treatment in relation to their issuance of an English law opinion which characterised the arrangements as a true sale as opposed to a transfer by Lehman with a charge back in favour of the transferor.[2]

http://www.thetotalcollapse.com/geithner-and-bernankes-possibly-criminal-roles/
Excerpt:

Geithner and Bernanke’s Possibly Criminal Roles

by TheTotalCollapse.com on March 15, 2010
Lehman Brothers Scandal Rocks the Fed
By Mike WhitneyInformation Clearing House” –  After a year-long investigation, court-appointed bank examiner Anton Valukas has produced a deadly 2,200 page report which details the activities that led to the Lehman Brothers bankruptcy. The report is a keg of dynamite. The question now is whether anyone in government has the nerve to light the fuse. Valukas provides powerful evidence that Lehman executives were involved in “balance sheet manipulation” by implementing an arcane accounting procedure called “Repo 105” which masked the bank’s true financial condition from investors and regulators.
March 15, 2010 “

http://en.wikipedia.org/wiki/Josef_Ackermann
Excerpt:
Josef Ackermann (born February 7, 1948) is a Swiss banker and CEO of Deutsche Bank.
Josef Ackermann agreed at the end of 2009 to continue as chief executive of Deutsche Bank for another three years until 2013.[1]
Ackermann is a graduate of the University of St. Gallen (HSG). He was born in Mels, Canton of St. Gallen, Switzerland.
Other responsibilities:
http://bennysteinmetzinvestments.blogspot.com/
Excerpt:

Thursday, April 22, 2010


Economic News of the Year 2009

Benny Steinmetz is an international business personality who has made it big in the world of business and economy. He is now ranked at No. 583 in the Forbes List of Richest People and is worth at least USD 1.7 billion. In spite of all the economic downtime last year, Benny Steinmetz Group, also known as BSG Investments, had a wonderful year in terms of turnover and income.

Benny Steinmetz Group started off with diamonds. Later on, as the business expanded, the group got into other areas like natural resources, engineering, real estate and finance and asset management.

BSG – diamonds
The Steinmetz Diamond Group was founded by Ruben Steinmetz (Benny Steinmetz’s father) in 1940. Since Benny Steinmetz joined the group in 1978, he expanded this business to places like Mumbai, Namibia, Antwerp, Tel-Aviv, New York, Geneva, Chicago and Johannesburg. The Steinmetz Diamond Group, or SDG is one of the leading players in the world in the area of rough and large polished diamonds. The group exceeds USD 1.5 billion a year in turnover. The motto of the group is to reach out to the customer directly from the mine.

BSG – natural resources
The natural resources wing of Benny Steinmetz Group is called BSGR and for more than 10 years now, this group has been actively involved in the area of natural resources, with special emphasis on Africa. Among the many natural resources plants that the group operates, some of the most notable are
• It is the world’s largest Nickel producer through its Ferro-Nickel plant and mines in the Balkans.
• Iron ore mine in Guinea.
• Steel mill in Azerbaijan.
• Copper-Cobalt mines and smelting in Zambia.
• Diamond mine in Sierra Leone.

Benny Steinmetz Group also has another arm, the BSGE and through this arm, it plays in the energy sector. This group operates a phosphate project in the Kingdom of Saudi Arabia, oil and gas exploration permit in the Komi Republic and the Niger Delta and a petrochemical project in Russia.

BSG – engineering
Benny Steinmetz Group holds majority shares in two major players in the field of engineering – Bateman Engineering N. V. and Bateman Litwin N. V. Through these two companies, the group is involved in minerals, metals, environmental treatment systems, bulk materials handling, solutions to oil, power, gas and chemical companies and so on.

BSG – real estate
Benny Steinmetz Group has its presence in the real estate arena through Five Mounts Properties. North America and Western Europe has been a significant focus area of the group for the past 15 years.

BSG– finance and asset management
Benny Steinmetz Group is an active player in portfolio and trading management. Benny Steinmetz himself was the founder of Hermitage Fund in Russia. This fund is a lead investor in the Russian equity market.

Monday, August 10, 2009


BSG Investments

Benny Steinmetz
BSG Investments (Benny Steinmetz Group)
Israel
Date of Birth: 02/04/1956
Place of Birth: Israel
Married + 4 Children

Benny Steinmetz is a prominent international businessman with activities in over 25 countries.
Through family trusts and foundations, the BSG Group http://www.bsginvestments.com/ focuses on four major sectors: Natural Resources, Real Estate, Capital Markets and Diamonds.
Natural Resources:
http://www.bsgresources.com
BSGR: Activities in natural resources, mining, oil and gas, engineering and metallurgy.
Real Estate:
Five Mounts Properties: Real estate investments in North America and Europe.
Scorpio Real Estate: Development projects in Central and Eastern Europe.
Capital Markets:
BSGMS: Capital and financial investments in capital markets.
Diamonds:
http://www.steinmetzdiamonds.com
Steinmetz Diamond Group: World leaders in rough and large diamonds.

Benny Steinmetz is the Chairman of: Agnes & Beny Steinmetz Foundation, which specializes, in supporting education and welfare to children from early age until youth as well as being dedicated to supporting the Arts.
Benny Steinmetz is a Director of the Tel Aviv Museum of Art, and is one of its pillar supporters.

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