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1 World Bank CEO Zoellick resigns
World Bank President Robert Zoellick said Wednesday he is stepping down, raising the possibility that a non-American might be chosen for the first time to head the 187-nation lending organization. Zoellick, 58, informed the board he will leave June 30 at the end of a five-year term, during which he led the bank’s response to the global financial crisis. Read more: business.time.com...
2 Anz Bank CFO Australia resigns
The chief financial officer of Australia & New Zealand Banking Group Ltd. announced recently that he will resign from the position, a move that will reportedly lead to a significant executive shuffle.
According to MarketWatch, CFO Peter Marriott says he plans to pursue a non-executive career after spending 15 years as the bank's finance chief. Marriott will officially leave the financial institution on May 1, at which time institutional banking head Shayne Elliott will reportedly take over the role.
3 Nicaraqua Central Bank Pres Rosales resigns
Nicaragua’s Central Bank President Antenor Rosales quit amid differences with President Daniel Ortega over plans to use central bank reserves for the creation of a regional bank for a Venezuelan-led bloc of Latin American nations, known as Alba.
Arrests of seven people Thursday accused of involvement in the $1.7 billion accounting scandal at Olympus, including the company’s former chairman and executive vice president, point to a widening investigation into a cover-up ostensibly carried out by top management with the help of a group of former bankers.
A feud over corporate governance compounded an already painful December for a major Central Virginia financial institution. Virginia National Bank has experienced a leadership shake-up that has seen nearly one third of the board of trustees quit including the chairman, Mark Giles.
"My resignation is effective immediately," Giles tells President Glenn Rust in a December 19 letter that followed an apparently contentious meeting earlier that day.
Italian authorities on Friday arrested eight people in possession of an estimated $6 trillion in counterfeit U.S. Treasury bonds, according to Italian paramilitary police and an Italian news agency. The discovery of the fake bonds -- made to look as if they were printed by the U.S. Federal Reserve in 1934 -- came about as part of an investigation into a local mafia association.
Italian investigators have charged four priests with laundering money out of the Vatican's official bank, the Institute for the Works of Religion, the National Catholic Reporter's John L. Allen Jr. writes. The Italian daily l'Unita was the first to report that the priests were being investigated for laundering hundreds of thousands of dollars. It's the latest in a series of investigations into Vatican finances dating back to 2010.
In December of that year, Pope Benedict XVI decreed an updated anti-money laundering law for Vatican finances.
Italian prosecutors have demanded a five-year prison sentence for former premier Silvio Berlusconi in his trial on corruption charges.
Prosecutor Fabio De Pasquale urged the court to find Mr Berlusconi guilty of having paid a British lawyer 600,000 dollars (£382,000) to lie in other trials involving charges of tax evasion and false accounting related to the billionaire media mogul's business dealings.
Originally posted by Bkrmn
Even as these top bank executives bail out before the crap hits the fan, I can't help being more than a little curious regarding the 'retirement package' they will award themselves! Between bankers and politicians, I'm not sure who are the worst!
Originally posted by Skywatcher2011
If top CEOs and other bankers are jumping of the ship, maybe this is the plan of the Elite to promote the goal of a new world order and a one world currency? Just a foreshadowed thought
Originally posted by Trolloks007
I think this may be a signal that s**t's going to get real in the summer.
By the looks of things, Greece will most certainly default by summer or in summer, that'll give everything a jerk, other countries loan re-payments, unemployment still rising and more and more high street shops closing because they need to pay their lease then.
Quit when the goings good.
Originally posted by CottonwoodStormy
When I saw this thread I was pretty wowed. I was forwarded an article on a website called the galactic free press, belonging to the galactic federation of light, on the 10th of February, stating "there would be arrests and that some of these individuals are not elected officials within your governments, and there will be many of your world who may not recognize these powerbrokers and understand their vital roles in the agenda to oppress you, the people. I just find it interesting that they are saying arrests are going to happen at the top, the dark cabal, elites, and now we see all these powerbrokers resigning and we have no idea who is behind this yet this article was written 9 days ago saying this was going to take place...interesting anyway. Here is the link, soundofheart.org...