September 11, 2011

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RADIO INTERVIEW: Panos Kammenos tells all, slams PM's family

MP for the main opposition New Democracy party Panos Kammenos, who came under fire several months ago for alleging that Greek Prime Minister George Papandreou and members of his team, presided over the sale of 1.3 billion dollars worth of credit default swap contracts (CDS on Greek sovereign debt) in December of 2009, shortly after coming to power, came out with a MUST HEAR radio interview. 

In the interview he asks which family works as a cosa nostra, and he gives details about the “suspicious” dealings of the I4cense institute and the role of the Greek Prime Minister's brother Andreas in this company. He also notes that most of the people associated with this company are former employees of George Soros. Surely his interview on "Radio 9" will be the "most talked about" subject on the blogs in the following few days. Listen to the interview and I propose that if you want to learn more about this subject, then you can always click on one of the articles below that have periodically appeared on hellasfrappe on this very subject.


The 1.3 billion dollars worth of insurance protecting against a Greek default was bought during the spring and summer of the same year, by the Hellenic Postbank, a public banking arm of the Greek government. It is unclear what the intentions of the Postbank were when it purchased the credit protection 

An investigative report by, featured on this blog for the past three months exposes the “suspicious” dealings of the I4cense institute “” –and the involvement of the brother of the Greek prime minister ‘Andreas Papandreou’ in this institute. The story may have been purposely ignored by the Greek main stream media for all the obvious reasons, but it has created controversy in the blogsphere as well as made front page in one of Switzerland's largest newspapers "LaLiberte" The article entitled “Greek Salad" talks about a family business, its location and features a grand photo, of none other, than Greek Prime Minister George Papandreou. The extensive report basically justifies the information already published on the blog and references are made to main opposition MP Panos Kammenos (who outwardly accused the Greek prime minister several months ago of acting as a ‘broker’ for foreign interests on Greek CDS contracts. 

Still not convinced? A cable released today on europa, (the official EU news site) reports that Mölzeron on 27 June 2011 issued the following questions to the EU Parliament. "The Prime Minister of Greece, G. Papandreou, has been accused in the Greek Parliament of making a fortune out of Greece’s woes through insider trading. In 2009 the conservative Government apparently bought credit default swaps (CDS) worth EUR 1 billion (1 000 million), which were sold to Papandreou at a profit close to EUR 30 million in October of that year, in other words at a time when the extent of the problems on the financial market was not yet known, but a bail-out was already being negotiated behind the scenes with the International Monetary Fund (IMF). The sale of the credit default swaps, which could turn Greek bankruptcy into a lucrative deal, occurred at the best time for the buyer and a bad time for the seller. Because of the bail-out packages, the credit default swaps are now thought to be worth EUR 22 billion. This means that Papandreou will profit if Greece fails to put its house in order. 

Another story that is worth reading is the lawsuit issued by two Athens lawyers. It focuses on how market speculation turned into a financial fraud crime, transforming market profits in money laundering and the national sovereignty of an EU country in a financial slavery scam! On April 09, 2010, Dr. Kyriakos Tobras and Greek Lawyer Mr. George Noulas, filled a Criminal Fraud Charge which was submitted to the Attorney General of the Hellenic Supreme Court. It claims fraudulent Speculators who, by running an organized criminal plan, manipulated the Greek Government Bonds Market, with the intent to perform multiple financial profits, deceiving and damaging Greek National Economy and Greek Citizens and Taxpayers wealth. READ READ FULL STORY HERE - Kyriakos Tobras: The Greek Sovereign Debt Financial Scam 

And finally if you are still scratching your head and saying nahhh.... then please read this article: Tobras and Noulas are trying to subpoena the CEO of Goldman Sachs Lloyd Blankfein for the banking crimes that he has committed in Greece. RT journalist and economic analyst Max Keiser noted that “has gone against the status quo,” adding that both Noulas and Tobras have “put their political careers on the line” to fight and expose this corrupt banking system. Keiser who had come to Athens earlier this year to address the Athens Bar Association about this case, said that they were shocked and horrified to uncover the details of the lawsuit and he reveals how they "a serious case against Goldman Sachs and John Paulson, (head of hedge-fund giant Paulson & Co,) is mounting. 

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