Tag Archives: John Ward

John Ward July 17, 2012 – Greece : More astonishing Graft In Senior Ranks Of Athens Banking System … But Troikanauts Don’t Care

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Caligula rules apply in the last days of the Euroblown experiment In a terrific piece of sleuthing by Reuters in recent weeks, the news agency has established beyond reasonable doubt that offshore companies owned by Piraeus Chairman Michael Sallas and … Continue reading

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John Ward July 17, 2012 – Libor Scam : RBS ‘Fighting Tooth & Nail To Hide Secrets’ In Key Libor/Yen Case

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Suspicions grow as Royal Bank of Scotland refuses to hand over records to Canadian authorities Libor investigation spreads to encompass RBS misreporting in Yen Source claims Treasury behind refusal Hester….keeping things under his hat Following its recent highly-convenient and lucrative … Continue reading

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John Ward: EXCLUSIVE: Why the global political class lies in fear of the LIBOR scandal

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Is Bob Diamond being forced to apologise for something hatched way above his level? A couple of Torygraph journalists were exchanging tweets this morning about Bob Diamond’s cockup being “only the start” of the LIBOR scandal. It could well be … Continue reading

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John Ward: Spain Crisis headlines

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SPAIN’S €100bn banking bailout: tracing the Slog’s road map to the inevitable. At The Slog ten days ago: SPAIN CRISIS EXCLUSIVE: Dash for banking consolidation “a recipe for worse disaster” – Insiders ‘Says my usual source in Madrid (not himself a banker, … Continue reading

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John Ward June 5, 2012: EUROBLOWN: Spain facing disaster, but the Troika goes la-la-la-la-Lagarde

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Chrissie Lagarde goes gagagagaga The Spanish Government is now openly admitting that doors into the credit markets are closing by the hour. But Finance Ministers of the G7 major economies have yet to take any action. Spanish Treasury Minister Cristobal … Continue reading

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John Ward June 4, 2012 – Crash 2: Panic In The Markets, But The Gold Price Falls 1.5%. Why?

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AP 10 HOURS AGO: ‘The global economy’s foundations are weakening, one by one. Already hobbled by Europe’s debt crisis, the world now risks being hurt by slowdowns in its economic powerhouses. The U.S. economy, the world’s largest, had a third … Continue reading

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John Ward May 29, 2012: BREAKING….Bild goes into euro-scare hyperdrive on Greek banknotes

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German tabloid hysteria has just gone ever so slightly further over the top this afternoon with a lead article in Bild asking ‘What will the Y-serial-number euros in my wallet be worth when Greece steps outside the euro?’ In the … Continue reading

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John Ward May 29, 2012 – CRASH 2: Why has the Treasury revoked debt-trading sections of a 1939 Act – without telling Parliament?

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How a hidden order could be used to bankrupt the UK Those of us who spend too much time watching government at its dirty work know the phrase ‘statutory instrument’, or SI, rather too well. Oddly enough, they are not … Continue reading

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John Ward May 28, 2012 – Euroblown : Greece Stops Dead As Government Introduces Payment Freeze, And Importers Demand Cash Up Front

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BEDLAM CREATED BY EU/BERLIN LUNATICS TAKES OVER IN ATHENS Facing the threat of a delay in the disbursement of bailout instalments from the Troika, Greece’s caretaker government has suspended rebates and payments to suppliers of the public sector. All loans … Continue reading

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John Ward May 16, 2012: GREECE ON THE BRINK: Chaos and fakery as the final act begins to unfold.

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With signs of growing panic in the markets and Greek banking system, dirty tricks via post seem to be the order of the day in Athenian politics. The Establishment Parties and the EU continue to develop scenarios suggesting that the … Continue reading

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