Thursday, August 18, 2011

Ptech/Enron/911/Brady Bonds

9 11 Prior Knowledge Ptech, Indira Singh, Yasin Al Qadi 12 6 2002 CBS
http://www.youtube.com/watch?v=hmXkFMlEGWg

http://www.abovetopsecret.com/forum/thread653370/pg1
Except:
Ptech "produced software that derived from PROMIS, had an artificial intelligence core, and was installed on virtually every computer system of the U.S. government and its military agencies on September 11, 2001,"
"This included the White House, Treasury Dept. (Secret Service), Air Force, FAA, CIA, FBI, both houses of Congress, Navy, Dept. of Energy, IRS, Booz Allen Hamilton, IBM, Enron and more," FTW reported.

http://www.scoop.co.nz/stories/HL0202/S00027.htm
Excerpt:
You Can’t Touch Pug Winokur
Herbert “Pug” Winokur was the chairman of the Enron Finance Committee that approved the loss hiding and profit boosting accounting measures blamed for the bankruptcy of the largest company in US history.
He is also on the ultra-secretive non-elected Board of Governors of the Harvard Corporation.
And he is a director of DynCorp – a mega-corporation in the security, telecomms and military contracting arena which provides security and communications systems to most of the US Government – including the Department of Justice - and many of the US banks and mega corporations. It also provides mercenaries to the war on drugs in Colombia among other things.
Several members of the George W. Bush cabinet are former executives and shareholders in Enron including the Vice President.
Many also have ties to Dyncorp and George himself went to Harvard.
Pug Winokur is believed to have been involved in the Harken Energy deal that connects George to financing from Osama bin Laden. (See… The GW Bush - Osama Bin Laden Connection http://www.scoop.co.nz/mason/stories/HL0109/S00108.htm)

http://www.nationalcorruptionindex.org/pages/profile.php?profile_id=195
Excerpt:
NOTE- On September 11, 2001 the FAA Airspace System was being run by a small company named Ptech, also controlled by Specially Designated Global Terrorist (SDGT) financier Yassin Al Qadi (as of 10/01), and financed by, among others, the ubiquitous Mr Mahfouz.

*CCC Information Services, a major data mining company, headed by Herbert “Pug” Winokur, former Enron Audit Chairman, Chairman of military contractor Dyncorp and another Bush oil company bailout arranger. One of CCC’s major stockholders is Winston Partners, the investment company co-founded by George W. Bush’s brother Marvin.

http://www.sourcewatch.org/index.php?title=Marvin_Bush
Excerpt:
Meanwhile, Bush has nominated William H. Donaldson to head the Securities and Exchange Commission. Donaldson, a longtime Bush family friend, was a Yale classmate of Jonathan Bush.

On February 28, 2003, investment banker William H. Donaldson became the 27th Chairman of the Securities and Exchange Commission. He was nominated to the position by President George W. Bush on December 10, 2002. Donaldson replaced "embattled former SEC head, Harvey Pitt, who resigned November 6, 2002 amid a brewing conflict of interest scandal."

http://en.wikipedia.org/wiki/Harvey_Pitt
Excerpt:
Criticism
Pitt became the target of criticism when the Enron scandal broke out on his watch. Democrats alleged that he was too close to the accounting industry [2] and that he subverted efforts to tighten regulation in the wake of the Enron scandal and other cases of corporate malfeasance. Pitt resigned after attempting to appoint a board member (William Hedgcock Webster - former FBI and CIA Director) from a company under SEC investigation to head a commission overseeing the accounting industry. The GAO later cleared Pitt. [3]
Pitt was involved in helping various short-sellers actively prevent banks from helping homeowners avoid foreclosure, so that the short-sellers could profit from the housing crash. [4][5][6]

ENRON -It's your fault Harvey Pitt.  (SEC) 
http://www.forbes.com/2002/10/07/1007sec.html
Excerpt:
A 127-page report and a letter to SEC Chairman Harvey Pitt, released today, says that much of the failure to catch Enron's (otc: ENRNQ - news - people ) thieves falls on lax practices by the government's corporate watchdog. The SEC, on top of a negligent board, self-regulatory organizations, blinded stock analysts and credit rating agencies, contributed to billions in losses by "average investors." And you can guess what brilliant idea the esteemed senators have seized on to fix it.

In fact, if you read closely, the report essentially says that Enron ran afoul with the SEC's blessing. It shames the SEC for failing to review any of Enron's annual financial reports after 1997. Moreover, the report says that the dubious "mark-to-market" natural gas trades, which allowed Enron to report inflated revenue and earnings, were approved by the SEC in 1991.

http://www.rense.com/general70/more.htm
Excerpt:
Fortuitously they were destroyed too in WTC 1 as the SEC records were destroyed later that day in WTC 7.  I was directly involved in going after those records and we knew exactly what we were looking for because we had an inside source at Global Crossing.

http://talking_points.tripod.com/
Excerpt:
THE CLINTON-GORE ADMINISTRATION HELPED ENRON WITH NUMEROUS BUSINESS DEALS
President Clinton Took A Personal Interest In An Enron Energy Deal. "On Nov. 22, 1995 . . . Clinton scrawled an FYI note to [Chief of Staff Mack] McLarty, enclosing a newspaper article on Enron Corp. and the vicissitudes of its $3 billion power-plant project in India. McLarty then reached out to Enron's chairman, Ken Lay, and over the next nine months closely monitored the project with the U.S. ambassador to New Delhi, keeping Lay informed of the Administration's efforts, according to White House documents reviewed by Time. In June 1996, four days before India granted final approval to Enron's project, Lay's company gave $100,000 to the President's party."  (Michael Weisskopf, "The White House: That Invisible Mack Sure Can Leave His Mark," Time, September 1, 1997)


ENRON and Clinton
http://archive.newsmax.com/archives/articles/2002/2/28/12723.shtml
Excerpt:
Trip to Russia
Enron's association with the Clinton White House comes even closer to home when you consider the many corporate foreign trade trips paid for by your tax dollars. In 1994, Enron's CEO Ken Lay surfaced on a list of attendees wishing to travel to Russia with Ron Brown.
One person who did make the trade trip to Russia was Roger Tamraz. Interpol then wanted Tamraz, a Lebanese oil financier, for embezzling nearly $80 million from a Middle Eastern bank. Tamraz, who made most of his money selling Libyan oil, would later give more than $300,000 to the DNC after having coffee with Bill Clinton in the White House.


http://en.wikipedia.org/wiki/Brady_Bonds
Excerpt:
History
Brady bonds were created in March 1989 in order to convert bank loans to mostly Latin American countries into a variety or "menu" of new bonds after many of those countries defaulted on their debt in the 1980s. At that time, the market for Emerging Markets' sovereign debt was small and illiquid, and the standardization of emerging-market debt facilitated risk-spreading and trading. In exchange for commercial bank loans, the countries issued new bonds for the principal sum and, in some cases, unpaid interest. Because they were tradable and came with some guarantees, in some cases they were more valuable to the creditors than the original bonds.
The key innovation behind the introduction of Brady Bonds was to allow the commercial banks to exchange their claims on developing countries into tradable instruments, allowing them to get the debt off their balance sheets. This reduced the concentration risk to these banks.

http://www.bbc.co.uk/news/world-europe-14014143
Excerpt:
First, in the Brady Bond initiative, lenders to LatAm clearly lost money. This was only not recognised as a default because of massive political pressure of the kind that US presidents could at that time exert onto global markets.
They were specifically designed to "take bad debt off balance sheet". But now, three years on from Lehman and ten years almost to the day with Enron, we are not supposed to take bad debts off balance sheets. And we have ratings agencies that are duty bound to value such debts on a transparent global benchmark.


http://www.theantechamber.net/V_K_Durham/TexasTwoStep7.html
Excerpt:
BRADY BONDS & 1991 BANK FAILURES

The SEPTEMBER 12, 1991 "120 BILLION DOLLAR GOLD TRANSACTION" was scheduled to close at the end of a 10 YEAR TERM. The 10 year term ended on or about SEPTEMBER 11, 2001. In my article, a deliberate placement of "9/11/2002" was made, hoping the people would see the discrepancy, and make the connection.

This is about THE DIRTY WORK of "The Billionaire Boys Club" ... of Morgan Chase.

Guess where the BILLIONAIRE BOYS CLUB originated? TEXAS..then moved out to California .... Then, guess where the S&L DEBACLE originated?

"TEXAS" and moved to California .... Guess where the CARLYLE GROUP originated?

With the BCCI BANK .... THEN there is the LaSalle Group, Citigroup..and you have A GORDIAN KNOT in the BANKING & GOLD INDUSTRIES by those who are playing the game of DUNGEONS AND DRAGONS, pushing the envelope, to see how far they can get before they get caught. Unfortunately, the Judges on the Bench in our Courts are also "Playing the Game" as are our Regulators.

If that isn't enough, there is a $3,812,792,613.70 U.S.D.A. ILLINOIS
POWER "FINANCING STATEMENT" which was also stolen by this group (from me) through the "arm" of BANK ONE which, allowed DYNEGY & ILLINOIS POWER TO "MERGE" DEFRAUDING "STOCKHOLDERS ONCE AGAIN"

... JUST LIKE ENRON.

THE SECURITY EXCHANGE COMMISSION "WILL NOT PRESS THE CLAIMS WE HAVE PUT BEFORE THEM FOR THE $3,812,792,613.70U.S.D.A." the BILLIONAIRE BOYS CLUB "MARCH'S ON, TAKING EVERY DAMMED THING OF VALUE PEOPLE HAVE, WHILE THE SEC, COURTS etc. "PROTECT THEM?"

http://www.einnews.com/pr-news/498970-argentina-announces-cancellation-of-brady-bond-exchange-offer-
Excerpt:
The Invitation was made to holders of Brady Bonds in the United States on the basis of a prospectus dated April 13, 2010 and a prospectus supplement dated December 3, 2010 (collectively, the "US Prospectus") filed with the U.S. Securities and Exchange Commission ("SEC") and to holders of Brady Bonds in Argentina, Luxembourg, Germany and Italy on the basis of a separate prospectus dated December 3, 2010 (the "EU Prospectus" and, together with the US Prospectus, the "Prospectus").
The Invitation was subject to an Amendment Condition, which conditioned the Invitation on, among other requirements, the affirmance by the United States Court of Appeals for the Second Circuit of the District Court's order dated October 29, 2010. On July 20, 2011, the District Court's order -- which had been obtained to permit the release, liquidation and transfer to the tendering holders of the proceeds of the collateral securing the tendered Brady Bonds -- was reversed by the Second Circuit.



I was able to read the following but when I went back in to get the text it had shut down.  ...cal
http://www.ft.com/intl/cms/s/0/7c1a1f94-a0a6-11e0-b14e-00144feabdc0.html#axzz1VS1bDfoq
Excerpt:

Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/0/7c1a1f94-a0a6-11e0-b14e-00144feabdc0.html#ixzz1VS2AplbC

Last updated: June 27, 2011 8:22 pm

EU ‘Brady bonds’ plan for Greece


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http://www.econinfo.de/2010/10/07/ein-interview-von-1999/
Excerpt:
In October 1997, when the Brazilian real came under dramatic attack, nobody could figure out why. It turned out that in September ’97, between 20 percent and 25 percent of all the Brazilian Brady bonds were held by South Korean banks. The Brazilian Brady bonds had a large, liquid market because people were making a lot of money trading them and trading derivatives off of them. So when the South Korean banks got in trouble, the easiest thing for them to do was to sell Bradys. The bonds took a hit and the real took a hit. And that’s crazy.
It’s one thing to talk about a spillover effect with countries that are closely related to each other. It’s another thing to talk about contagion. There have been artificial links created between currencies because of the statistical correlation in their path behavior. That has nothing to do with anything. Correlations and causes can get mixed up anytime, but the notion that you put hard money on correlations where there is no—and can be no—causation other than the correlation itself is bad news.
http://www.sourcewatch.org/index.php?title=Muneer_A._Satter
Excerpt:
Muneer Satter "is a Managing Director at Goldman Sachs in the Principal Investment Area (the "PIA") which manages the firm's private equity investments. The PIA is one of the largest private equity investors in the world, investing in the U.S., Europe and Asia. Muneer joined Goldman Sachs in 1988 and became a Partner of the firm in 1996. He sits on the Investment Committee of the PIA and he is the Global Head of the Mezzanine Group.
"Muneer serves on the Boards of CCC Information Systems, Inc. and Grupo Clarin, S.A. He also serves on the Board of the Nature Conservancy.
"Muneer received a B.A. from Northwestern University, a J.D. from Harvard Law School, and an M.B.A. from the Harvard Graduate School of Business Administration.“ [1]
http://www.nationalcorruptionindex.org/pages/profile.php?profile_id=194
Excerpt:
Terror researcher Jean-Charles Brisard claims that Bin Mahfouz controls a quarter of Bahraini based Investcorp,,founded by Ahmed Zaki Yamani, who appears on the same �Golden Chain� list as Mahfouz. Brisard claimed that Mahfouz controls the stock through Investcorp director Abdullah Taha Bakhsh. (In 2005, Investcorp bought a company, CCC Information Services, owned by Bush family business cohorts Purnendu Chatterjee and Herbert �Pug� Winokur. Mahfouz also won a libel case in the UK over Brisard�s 2001 book �Forbidden Truth".

http://www.nationalcorruptionindex.org/pages/profile.php?profile_id=235
Excerpt:
 Purnendu Chatterjee, who runs investment fund Winston Partners with the president’s brother Marvin Bush.

http://en.wikipedia.org/wiki/Purnendu_Chatterjee
Excerpt:
Purnendu Chatterjee is a Bengali industrialist and entrepreneur.[1] He is the Founder and Chairman of The Chatterjee Group (TCG)[2][3] and also serves as Executive Director to Indian School of Business (ISB) in Hyderabad.[4]

[edit] Education

Chatterjee completed his schooling from Ramakrishna Mission Narendrapur[5] and graduated from IIT, Kharagpur[5] in 1971. He completed his MS and PhD degrees in Engineering and Operations Research from the University of California, Berkeley in 1972 and 1974.[6][7]

[edit] Career

Chatterjee was a research associate at the Stanford Research Institute from 1974 to 1976.[7] He joined McKinsey & Co. in 1976 and by 1984 was promoted to a partner of the company.[7] Chatterjee established The Chatterjee Group (TCG) in 1986, which today has diversified interests which includes investment banking, real estate, petrochemicals[8] and life sciences.[2] With its headquarters in New York,[2][7] TCG employs over 8000 professionals worldwide.[9]
Chatterjee also holds a major stake in Outsource Partners Internationals.[10]

http://www.iamthewitness.com/Bollyn/Bollyn-Ptech.html
Excerpt:
First a note of background on what Ptech did, from the January 2005 article "Michael Chertoff and the sabotage of the Ptech investigation" on the Rigorous Intuition weblog:
"Joe Bergantino, a reporter for WBZ-TV's investigative team, was torn. He could risk breaking a story based on months of work investigating a software firm linked to terrorism, or heed the government's demand to hold the story for national security reasons. In mid-June, Bergantino received a tip from a woman in New York who suspected that Ptech, a computer software company in Quincy, Mass., had ties to terrorists. Ptech specialized in developing software that manages information contained in computer networks. "Bergantino's investigation revealed that Ptech's clients included many federal governmental agencies, including the U.S. Army, the U.S. Air Force, the U.S. Naval Air Command, Congress, the Department of Energy, the Federal Aviation Administration, the Internal Revenue Service, NATO, the Federal Bureau of Investigation, the Secret Service and even the White House.

http://www.apfn.org/apfn/death_toll.htm
Excerpt:
DynCorp s current Chairman, Paul Lombardi responded to the suit by sending intimidating letters in an unsuccessful attempt to force the plaintiffs to withdraw.

DynCorp has also been directly linked to the development and use of PROMIS software by its founder Bill Hamilton of Inslaw. DynCorp s former Chairman, current board member and the lead investor in Capricorn Holdings, is Herbert Pug Winokur. Winokur was, until recently, Chairman of the Enron Finance Committee. He claimed ignorance as to the fraudulent financial activities of Enron s board even though he was charged with their oversight.http://www.copvcia.com/free/ww3/02_14_02_microbio.html

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