Posted on August 31, 2012 by Laura
Thanks to Marc G. – Laura
Susanne Posel, August 30, 2012
The fall of the House of Morgan has begun as stock prices on the global market at Morgan Stanley (MS) begin to fall on the New York Stock Exchange (NYSE).
According to Rick Wiles :
“I’m hearing rumors that another major financial house is going to
implode. In fact, the name I’ve been given is Morgan Stanley . . . It’s
going to be put on the sacrificial alter by the financial elite.”
MS, technically speaking, is classified as insolvent based on mark-to-market valuation. By selling off non-core assets, MS has been able
to “reduce its European exposure” through the manipulation of hedge
funds and allocation of funds to failing financial corporations. Some
mainstream media outlets tout that the Federal Reserve Bank will come in
and assist MS in their insolvency and that MS “just isn’t going out of
business anytime soon.”
However, on the bond market, MS is being treated
like “a junk-rated company.” Moody’s the rating agency that sells their
ratings to whomever will pay for a triple A score, have announced they
will downgradge MS’ ratings which would put all US banks at risk.
Otis Caset, director of credit research at Markit confirms: “What has
driven that, obviously, is Europe. The perception is — correctly or
incorrectly — that Morgan Stanley is one of the U.S. banks most exposed
to Europe’s problems.”
In 2008, with the first pre-meditated financial explosion ,
the cause for the bailout of the banks was a large sum of cash needed
quickly to repay China who had purchased large quantities of
mortgage-backed securities that went belly-up when the global scam was
realized. When China realized that they had been duped into buying
worthless securitized loans which would never be repaid, they demanded
the actual property instead. The Chinese were prepared to send their
“people” to American shores to seize property as allocated to them
through the securitized loan contracts.
To stave this off, the American taxpayers were coerced by former
President Bush and former US Treasury Secretary Hank Paulson. During
that incident, the US Senate was told emphatically that they had to
approve a $700 billion bailout
or else martial law would be implemented immediately. That money was
funneled through the Federal Reserve Bank and wired to China, as well as
other countries that were demanding repayment for the fraudulent
To further avert financial catastrophe, as well as more debt or
property seizure threats by the Chinese, the Euro was imploded there by
plunging most of the European countries into an insurmountable free-fall
for which they were never intended to recover.
MS exposure to mortgage-backed securities and derivatives fraud may
have finally brought the financial implosion to America. As Otis points
out, it is the exposure to the Eurozone that was the nail in the coffin
at MS. This only furthers the fact that financial collapse is imminent
in America and the repercussions are already laid out.
However, this planned implosion of the mega-banks only serves to fit the global Elite’s plans.
John Paulson recently traded in his stocks for 4.53 million shares in SPDR Gold Trust (GLD) while investing deeper into NovaGold Resources.
George Soros has also sold
his shares and interest in JPMorgan (701,400 shares), Goldman Sachs
(120,000 shares), and Citigroup (420,000). He has reallocated these
funds to gold.
The insolvency of MS means that the customer funds that are held in MS
can be hypothecated (or co-mingled) by the bank into their funds to be
used to pay off any loans or debts owed by the bank.
Earlier this month, on August 9th, the 7th Circuit Court of Appeals (CCA) ruled
that BNYM can be moved to first in line of creditors over the customers
that had their funds stolen by Sentinel Management Group (SMG).
Before SMG collapsed in 2007, Eric Bloom, former chief executive, and
Charles Mosely, head trader of SMG stole $500 million in customer
secured funds and were indicted because they exposed customer segregated funds to “highly risky derivatives.”
The SMG ruling means
that the Federal Deposit Insurance Corporation (FDIC) and Securities
Investor Protection Corporation (SPIC) regulatory systems will not
insure customer funds, investments, depositors and retirees who hold
accounts in banks.
In fact, the banking institution is now legally allowed to use those
customer funds deposited as collateral, payment on debts for loans made,
or free use on the stock market to purchase investments as the bank
When a customer deposits money into a bank, the bank issues a promise to have those funds available when the customer returns to withdraw the deposited amount.
With the SMG ruling, those funds become property of the bank once
they are deposited. If the bank is insolvent, under duress or filed
bankruptcy, those customer deposited funds can be co-mingled with the
bank’s funds and used for the purposes of the bank without recourse to
As explained in Readiness Exercise 1984
(Rex84) the end of the US dollar combined with civil unrest would cause
the US government to declare martial law in order to preserve
continuity of government.
Since 2010, all the mega-banks in the US have filed resolution plans with the Fed describing
how to liquidate banking assets without causing further damage to a
failing financial system. By selling “non-core assets” without upsetting
shareholders while protecting the monetary system, taxpayers and
creditors is the work of the mega-banks who have contributed solely to
the destruction of the global financial markets.
Both Bank of America and Citibank have already begun liquidity with
the sale of their non-core assets proving that these two financial
institutions are insolvent. Add to this list MS.
While mega-banks are unloading their assets under duress, they are acquiring
smaller banks and keeping their names to fool the American public into
thinking they are banking with an independent as they consolidate
financial power in the US.
In response to the coming implosion, the Federal Reserve Bank is
inventing electronic fiat. This keeps the Ponzi scheme going. On the
surface it all appears to ok. However, undercover and out of the general
public’s sight, the manipulation of insurance rates, market values,
mortgages are directly contributing to the complete banking system
An estimated 70% of some of the mega-bank’s worth is provided by the
government by subsidies; meaning that without the money provided by the
US government, these banks would go under tomorrow. And by watching the
financial climate as it is emerging, it appears that we are witnessing
Combined with the solicitations of the Department of Homeland Security (DHS) for 1.8 billion rounds of hollow point bullets, 1400 pounds of highly dense explosives material and urban warfare drills being conducted across the nation, it is clear that this insolvency of MS is one more proof that marital law coinciding with financial collapse is dangerously close.
Tags: banks, featured, fiat currency, globalists, new world order, the fed
Morgan Stanley is Insolvent – Only a Matter of Time Before Total Financial Collapse.
Thanks to: http://2012indyinfo.com