Putin Bans Rothschilds From Russia

Putin played the New World Order game long enough to climb as high as the position of President – then he abruptly turned his back on them, prompting Jacob Rothschild to accuse him of being a “traitor to the New World Order.”

Posted on June 1, 2016 by Baxter Dmitry in News, World // 18 Comments

Brave Vladimir Putin has banned Jacob Rothschild and his New World Order banking cartel family from entering Russian territory “under any circumstances.”

Putin recently reminded his cabinet that he paid off the Rothschild’s debt and “grabbed them by the scruff of the neck and kicked them out Russia’s back door.”

This meeting featured the President pounding his fist on the table and vowing to destroy the New World Order, and according to a Kremlin source Putin is making great strides towards this goal.

“They do not own the world, and they do not have carte blanch to do whatever they want. If we do not challenge them there will be other issues. We will not be bullied by them.”

It is understood that the Rothschild banking racket was a noose tied around the neck of the Russian economy. Once the knot was tightened, the economy would struggle and choke.

Early in his presidency he made a priority of uniting Russia socially, spiritually, and economically. He ordered the arrest of the Rothschild backed oligarch Mikhail Khodorkovsky who had made Rothschild, Henry Kissinger and Arthur Hartman directors of the Open Russia foundation.

He was so upset with the banksters in his temple, he tipped over their tables and drove them out with a whip.

A keen student of history, well versed in world affairs, the Russian President has studied the history of the world’s most elusive organisation and understands the central role their financial collaborators have played in fomenting the major international conflicts of the 20th century.

Now they want to plunge us into World War III.

The New World Order’s invasive roots and branches keep spreading around the world, but President Putin has stopped them expanding into Russia. This is a major blow to their plans for world domination and now they view him as a real threat. He’s got them running scared, which is why he is degraded in the Western media at every opportunity.

The reality is that Putin is leading us towards a multi-polar world, far from the one government, one religion future plotted by the New World Order. When he took his forces into Syria to protect a sovereign state he further enhanced his reputation as a powerful leader.

People around the world have started to wake up and notice.

Source: Your News Wire

Goldman Fined 0.1% Of Revenue For “Criminal Theft” Of Confidential Fed Information

by Tyler Durden | Aug 3, 2016 1:23 PM | Zero Hedge

Last October, we reported that “Wall Street Was Shocked As Feds Bring Criminal Case Against Goldman Banker Over Fed Leaks.” Briefly, because as we also reported several months later, nobody actually ended up going to prison for the infamous story of Goldman Sachs obtaining classified NY Fed documents as a result of the revolving, ended up with two workers getting slaps on the wrist in some modest penalties.

Today the story got its closure, when the Fed announced that Goldman Sachs has agreed to pay $36.3 million to settle allegations by the Federal Reserve that it obtained and used confidential regulatory materials from the central bank two years ago. This amounts to 0.1% of the firm’s 2015 revenue of $33.8 billion.

In levying the fine on Goldman Sachs, the Board found that the firm’s personnel improperly used confidential supervisory information of the Board in presentations to its clients and prospective clients in an effort to solicit business for the firm. Further, the Board found that from at least 2012, the firm did not have sufficient policies, procedures, or adequate employee training in place to ensure compliance with current laws prohibiting the unauthorized use or disclosure of confidential supervisory information. The Board’s order requires Goldman Sachs to put in place an enhanced program to ensure compliance with Board regulations concerning the receipt, use, and dissemination of confidential supervisory information.

The Fed also found that “a Firm employee engaged in the criminal theft of confidential supervisory information of the Board of Governors and other banking regulators, and disseminated such information to multiple employees within the Firm; “

It is unclear how much business Goldman solicited, and how much revenue it generated as a result of the theft.

The penalty follows another $50 million which Goldman paid last October to banking regulators at the New York State Department of Financial Services for failing to properly supervise the former employee that stole and shared the Fed secrets.

In announcing the settlement Wednesday, the Fed said it fined Goldman “for its unauthorized use and disclosure of confidential supervisory information.” It also required Goldman to improve its internal controls and training for compliance purposes. The Fed also said it wanted a permanent industry ban for Joseph Jiampietro, who was a managing director at Goldman on the same team as the person who obtained the documents. The Fed said Mr. Jiampietro, who was fired by Goldman in October 2014, showed “personal dishonesty” in the incident and was fine $337,500.

As a reminder, the person who originally obtained the secrets was former NY Fed employee, Rohit Bansal, who had since moved to work to Goldman from where he was in 2014 and whom the Fed also banned permanently from the banking industry last November. Bansal received the documents from Jason Gross, a former co-worker at the NY Fed. Gross was also fired and sentenced in court after pleading guilty to the charges. He was fined $2,000 and sentenced to a year of probation with 200 hours of community service.

Former NY Fed employee Jason Gross

None of the three named individuals have gone to prison.

The Fed said its own investigation of the case found that the bank used the confidential materials in its presentations to clients and from 2012 had insufficient policies and procedures in place for employees’ handling of such sensitive materials. It also said a Goldman employee “engaged in the criminal theft of confidential supervisory information of the Board of Governors and other banking regulators, and disseminated such information to multiple employees within the Firm.”

On its behalf, Goldman generously agreed to step up internal controls and not to rehire as consults or employees anyone who was involved in the improper disclosure of regulatory information.

Cited by the WSJ, Goldman spokesman Michael DuVally said the bank was “pleased to have resolved this matter.” Upon discovering the leak of the sensitive documents to Mr. Bansal in 2014, Goldman immediately notified regulators at the Fed, he said, and introduced new controls and put the bankers involved on leave.

“We previously reviewed and strengthened our policies and procedures after Bansal was terminated,” Mr. DuVally said. “We have no tolerance for the improper handling of confidential supervisory information.”

What he meant is Goldman has no tolerance for people engaging in crimes getting caught.

Meanwhile, the scapegoat in this case, Jiampietro, appears unsure that he wants to be the mark: “The allegations filed against Mr. Jiampietro are demonstrably false,” his lawyer said a statement. He said Jiampietro “never requested confidential supervisory information from anyone, and never used it for his or anyone’s benefit. The Fed has the law wrong and the facts wrong.”

Fine: all he would have to do is show that other, unnamed supervisors at Goldman provided the information to him, ruining this carefully scripted narrative.

* * *

What is curious is that back in 2003, in a comparable case, a former Goldman employee was sentenced to nearly three years in prison for relaying an insider bond tip that allowed the firm to make millions of dollars in tainted profits. As govttrader reminds us, in November 13, 2003 John M. Youngdahl, a former senior economist at Goldman, Sachs,pleaded guilty to criminal charges in connection with the purchase of millions of dollars of 30-year bonds and bond futures minutes ahead of the Treasury Department’s announcement in 2001 that it was ending the sale of such bonds.

Mr. Youngdahl, who appeared in Federal District Court in Manhattan, also settled a separate insider trading case brought by the Securities and Exchange Commission. neither admitting nor denying any wrongdoing in that case.

Mr. Youngdahl received advance notice of the Treasury’s decision to halt sales of the 30-year bond on Oct. 31, 2001, from Peter J. Davis, a Washington consultant. Mr. Davis regularly attended press briefings on the government’s quarterly auctions of notes and bonds, although he was not a reporter. The information from these Treasury briefings is embargoed until the Treasury makes its announcement public. But according to the original indictment, Mr. Davis had been giving his clients information from the briefings during such restricted periods since about 1999.

In court yesterday, Mr. Youngdahl, 44, told Judge Denise L. Cote that ”I expected that Goldman would profit from having this information, and that this would ultimately benefit me as a member of Goldman,” according to Bloomberg News. ”There was an annual bonus procedure,” he added, ”and it was my expectation that the bonus could be enhanced.”

The highly humorous punchline: “Stephen M. Cutler, director of the S.E.C. enforcement division, said the civil action against Mr. Youngdahl sent a clear message. ”If we catch you trafficking in or trading on confidential information that could affect the market for any security,” he said, ”you will pay a substantial price. This is true whether the securities are stocks or bonds, and it’s true whether the securities are issued by the federal government or by a public company.”

Well, that didn’t work out quite as expected, now did it Stephen, especially since unlike back then, this time around the US judicial system found that it was unnecessary to actually send any Goldman employees to prison, because, well, for obvious reasons.