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Originally posted by boaby_phet
just a thought.. someone that knows more about Steganography might want to check..
Tel Aviv trading closes with sharp downturns Sunday
DEBKAfile Special Report
October 12, 2008, 6:34 PM (GMT+02:00)
“It could have been worse,” said some traders at the end of trading which opened Sunday, Oct. 12, with 10-16% plunges after a five-day holiday break during which global markets crashed. TA 25 closed with a 3.8% decline, TA lost 4.6% and bank shares slipped 1.9%. Worst hit were the real estate index which dived 8.9% and Tel-Tech 9.1%.
Earlier Sunday, caretaker PM Ehud Olmert rejected a proposal by Industry Minister Yishai for a $10bn rescue plan for Israel banks with safety nets for savers and depositors. He demanded a new economic forum to deal with the repercussions of the glob al financial crisis on Israeli markets on which opposition leader Binyamin Netanyahu, former finance minister and PM, would have a seat.
The Tel Aviv stock exchange opened 45 minutes late in view of heavy sell-offs in the face of heavy pressure for a shutdown until after the High Holidays which end Oct. 22, to avoid global fallout. Anyway, the Israeli market is closed for Succot, Monday and Tuesday, Oct. 13-14. Trading is automatically suspended if prices fall below the 12 percent level.
Saturday night, Oct. 11, International Monetary Fund directors warned a global economic meltdown was close unless urgent measures are put in place. They went on air with their warning after the seven rich nations’ financial leaders meeting at the White House in Washington failed to agree on a package to revive inter-bank lending and so rescue the markets from free fall.
Euro zone leaders meet in Paris Sunday to find a way out of the crisis. The IMF director Dominique Strauss-Kahn admitted Saturday night that the bailout plans and interest rate cuts approved in the last 10 days had failed to restore confidence in world markets.
The UK government is preparing to partly nationalize up to five troubled major banks including the Royal Bank of Scotland, Lloyds TSB and HBOS, with a $60 bn injection.
THE government will launch the biggest rescue of Britain’s high-street banks tomorrow when the UK’s four biggest institutions ask for a £35 billion financial lifeline.
The unprecedented move will make the government the biggest shareholder in at least two banks...
The scale of the fundraising could lead to trading at the London stock market being suspended. This would give time for the market to digest the impact of the moves.
One consequence of the deal might be that Lloyds could renegotiate the terms of the HBOS takeover, although both sides are still keen for the merger to take place.
An economist who declined to be named said: “This is the biggest risk of the UK’s balance sheet ever undertaken. No-one knows the extent of the toxic assets these banks are exposed to.”
Separately, the future of Morgan Stanley, the American investment bank, is also in doubt today following a sharp sell-off of shares and warnings of a possible credit downgrade from Moody’s the ratings agency.
Mitsubishi UFJ Financial Group is reviewing the terms of a $9 billion (£5.3 billion) capital injection into the bank and may launch a takeover. HSBC, Citigroup, JP Morgan and Deutsche Bank are also assessing the situation. Morgan Stanley’s market value has slumped to $13 billion.
The credit crisis is spilling over into the grain industry as international buyers find themselves unable to come up with payment, forcing sellers to shoulder often substantial losses.
Before cargoes can be loaded at port, buyers typically must produce proof they are good for the money. But more deals are falling through as sellers decide they don't trust the financial institution named in the buyer's letter of credit, analysts said.
"There's all kinds of stuff stacked up on docks right now that can't be shipped because people can't get letters of credit," said Bill Gary, president of Commodity Information Systems in Oklahoma City. "The problem is not demand, and it's not supply because we have plenty of supply. It's finding anyone who can come up with the credit to buy."
From the looks of it, they're going to use the collapse to re-write the rules of the monetary system, Bretton Woods 2. So the collapse is going to be bad, you know furthering globalization, getting that much closer to fascism. Ah I can't wait I received an e-mail from R saying get out of the market and also that he sees the DOW dropping to around 3000.
Originally posted by Maya00a
OK, I googled the bit of his last message that said 3-branches and the first website is a constitution guide
Originally posted by boaby_phet
ive been following this most intresting thread scince it started, and one thing has just came to mind...
has anyone checked to see if their are any messages hidden in the images (encrypted via Steganography)
Originally posted by Anonymous ATS
Looks like another “test run” has been implemented.
Check out this Bermuda news article from Oct 11, 2008.
I don’t know how to ‘link’, so here is website:
Telecommunications and internet access across the Island were severely disrupted yesterday after a major outage at the Bermuda Telephone Company.
People reported Bank of Butterfield ATMs were down, while shops could not process credit cards and businesses could not contact companies in other countries.
Takin the show to the Kremlin next.
Folks there aren't afraid of talking to people with three frisbees.
1. The "Ponzi Pyramid of Debt Death/Bretton Woods II" that was the world's financial system collapsed five weeks ago today. Tens of trillions of electronic fiatscos were evaporated from the servers and spreadsheets housing them.
2. Literally every single large financial instution failed, simultaneously. Worldwide.
3. The world's governments and central banks have been performing ever-greater and more desperate maneuvers to revive the now-decaying corpse, pumping in seven trillion fiatscos.
4. So far, their efforts have shown little success as the spillover effects on the credit and equity markets can no longer be hidden.
A full blown, up-in-your-face credit collapse and stock market colllapse has ensued. Again, worldwide.
5. Coming next: "Great Depression II Meets Mad Max".
6. Therefore, we're scroomed.