The 300 page list containing some 12,000 names was finally released by Dr. Kiriakos Tobras and Giorgos Noulas and is surely going to make some people lose their sleep tonight. The list, comes several days after the highly acclaimed economist and lawyer from stopspeculators.gr lodged a legal memo to Public Prosecutor Aristides Korea striking a hard blow against international speculation and literally shattering the omertà that protects them.
As promised, the list was posted on olympia and exposes bare risk premium bonds, which were unknown until today and which are linked to hundreds of billions in euros of clearly speculative gains all on the backs of the Greek people and the country's economy. It also exposes naked CDS which no one dared to touch until now, since they are termed as being pure speculation.
Both Mr. Tobras and Mr. Noulas are convinced that with the information they have released they have not only struck a hard blow to greedy CDS speculators, but have also revealed how Greece turned into a republic of derivatives!
They are certainly right about that... one look at the names, especially from pg 75 onwards and our jaws froze in awe...
Aside from the speculators who played from the United States, Japan, the European Union and Britain, we saw names such as the Hellenic Railway Organization, the Public Power Corporation, AND ALL THE MAJOR BANKS OF GREECE in there! (More exactly: the Hellenic Securitisation, DEH, OTE, OSE, the Hellenic Petroleum Company, the EIB, Alpha Bank, the Agricultural Bank of Greece, Eurobank EFG and the Piraeus Bank).-check list after pg.75 and on....-
- Now we know why our creditors did not permit us to default
- Now we know why there were attempts to save unprofitable banks
- Now we know why insolvent public utility companies did not close down
- Now we know why the government hiked taxes, toll fees, etc.
- Now we know why state revenues were never enough to pay off our creditors
- Now we know why the government of George Papandreou & Lucas Papademos gave everything to Greece's creditors
- Now we know why our creditors bound our nation hand and foot to the Memorandum
- Now we know why the Greek mainstream media was (hired) mobilized to mold public opinion, with daily news reports that threatened us with theories about bankruptcy, poverty and a terrible return to the drachma
- Now we know why they were saying that Greece was holding the world economy as a hostage, while we all know that this nation's economy only accounts for 2 percent of the EU's GDP! (Read full story here)
He had also shockingly revealed in an earlier article that the citizens of Greece are not aware of the fact that what they recognize as being "state property" has actually been lost a long time now since it was given as collateral to lenders disguised as bonds. He also underlines that the same has happened with many of the state's future revenues and private mortgage loans (private property).
We were not aware that CDS did not just concern PUBLIC DEBT!
We did not know that our banks and our public utility companies were "hostages" to CDS bonds!
Everything is finally exposed and Greece and its people can now come to grips with this horrific truth.
Will the people overturn this corrupt system in accordance with Article 120 of the Greek Constitution?
Certainly... the next few days will be very interesting....
One thing is certain.... we will show them the ROAD TO HELL
ΑΝΑΛΥΤΙΚΗ ΚΑΤΑΣΤΑΣΗ 12.000 ΕΛΛΗΝΙΚΩΝ CDS
ΜΗΝΥΤΗΡΙΟΣ ΑΝΑΦΟΡΑ ΚΕΡΔΟΣΚΟΠΩΝ : ΣΥΜΠΛΗΡΩΜΑΤΙΚΟ ΥΠΟΜΝΗΜΑ 04 * ΜΑΡΤΙΟΣ 2012
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