Here is an article I published eight years ago. It reminds us that we should ask the question if the Greek bailouts are not just a series of infusions into banks that engaged in fraudulent inducement.
If you simply track the circulation of book entries on US bailouts, IMF bailouts and financial frauds like Enron, you begin to realize each sounds like a different story. From a book entry point of view, they look remarkably similar.
Catherine Austin Fitts Poses 20 Questions on Enron–
Jan. 24, 2002
Ok, let’s play 20 questions:
When The Mexican bail out occurred and the Russian IMF loans in 1998 happened, were did the money go?
It went from one bank account at a NY Fed member bank to another bank account at another NY Fed member bank. Indeed it appears that the money never digitally or physically left Wall Street.
Ok, so lets not talk about money missing from Mexico or Russia, but from the USA, including money missing from US Treasury, HUD and DOD.
Who is the US depository for the US Treasury?
NY Fed….that is, Morgan-Chase, Citibank, Bank of New York, Goldman, etc….
Who handles all the accounts for the HUD servicing?
Morgan-Chase
Who are the primary dealers on the US Treasury auctions?
Morgan-Chase, Citibank, Goldman
Who are the firms accused on manipulating the gold market by GATA?
Fed, Morgan-Chase, Citibank, Goldman
GATA also says that there appear to be manipulations of the stock market by the Treasury/Fed…something they call the “plunge protection team.”
What dealers are doing that?
Fed, Morgan-Chase, Citibank, Goldman
Who laundered $4 trillion out of the US gov’t? Where did it go? Who got it?
Don’t know but it could not have been pulled out without Fed, Morgan-Chase, Citibank, Goldman knowing how much and where it went….
How did they launder the money offshore?
Don’t know…
Who were Enron’s big trading partners?
Morgan-Chase, Citibank, Goldman, etc.
Who were Enron’s big lenders and investment bankers?
Morgan-Chase, Citibank, Goldman, UBS
How much were Swiss Bank accounts up as of March 2001?
Swiss bank accounts were up by an unexpected $8 trillion in on shore and off shore accounts
The most sensitive Enron trading records were in Enron On Line. It was just auctioned.
Who were the big bidders?
Morgan-Chase, Citibank, etc.
Who won control of Enron OnLine?
UBS, one of the largest swiss banks
Who is the most recent board member of UBS?
Lawrence Weinbach, former Chairman of Arthur Anderson
Other board connections?
Pug Winokur, chairman of Enron’s finance committee, is chairman of the compensation committee of the DynCorp board and has a partner who is on the DynCorp board with him, Dudley Mecum who is on Citibank’s board. Frank Savage is also a member of Lockheed Martin’s board. DynCorp and Lockheed manage substantial information and accounting/payment systems for the agencies with missing money and the agencies in charge of enforcement.
Trick Questions:
Enron’s reported sales through 2000 represented a five year 57% increase.
Did any of that money flow through Houston or did it just flow around NY Fed bank accounts and their offshore correspondants.
And did it flow from a NY Fed bank account that said “US Treasury” on it?
How long would it take DynCorp, manager of the PROMIS system for DOJ paid by the taxpayer, to determine sources and uses of money through the Enron trading accounts and find and seize all offshore Enron monies?
How long would it take a company like Lockheed and DynCorp to help steal money in these amounts?
How long would an incoming Bush Administration have to keep Enron afloat before the banks had all the money trail safely destroyed? Why has the DOJ allowed Enron time to sell Enron OnLine and time to shred all their documents and to allow Arthur Anderson time to shred their documents?