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Promissory Bank Notes (PBNs) are one form of bank instrument used
by countries in their nation debt financing. They are also used as
the basis of arbitrage transactions, which are illegal in the United
States, but not elsewhere. In this transaction for an overall face
value of $27.5 trillion US DOLLARS, the PBNs have been purchased by a
consortium of funders, predominately from the Far East and Europe.
The funders have agreed to purchase the PBNs at 71.5% of their face
value, to be repaid at par in 20 years and 1 day, together with an
annual interest of 7 1/2%. The PBNs have been sold by a consortium
of some 200 banks at a cost of 61.5%. The 10.0% difference is made
up of bank fees, suppliers (collateral) fees, funding agents fees
and various commission fees, together with monies going to various
countries to fund projects.
This loan transaction is the largest ever ever put together, and some
two thirds have been completed, resulting in some 1.76 trillion
dollars worth of foreign monies having been put up for
conversation. We do not know the discount employed, but we believe
that it was between 10 and as much as 25% in some cases, hence
the remaining monies for disbursement must lie somewhere between
1.3 and 1.6 trillion US dollars, ie the United States has already
received a minimum of $150 billion dollars in "conversation" fees.
The remaining monies for disbursement have been held by the US
banks, for the reasons which can only be described as fraudulent,
under the direct instruction of the US Government, for over a
year and a half. In addition, there has been a conspiracy of
misinformation, orchestrated by the highest levels of the US
Government, regarding the exact whereabouts of these monies and
the timing of their payout. These monies should have been paid
out in June, 1989, or shortly thereafter.
Wanta, Leonard Amore info
848 County Road Y
Hatley, WI 54440-9512
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5258 Woodbridge Ln S
Milwaukee, WI 53221-3232