Storm Clouds Hovering Over Specific Corrupt Journalists

Storm clouds are hovering over specific names from the Greek news media according to Dimo Verikio. On his daily talk show on Friday morning Verikios began openly talking about some of his corrupt peers in the media world which he said have made lots of money from accepting kickbacks to do their job.  "How did so and so build a mansion in the northern suburbs? "How did so and so do get so wealthy". Yeah Dimo Vreikio... how did they all get so wealthy when the average salary of a reporter is 500 euros?

You are opening a can of worms in our opinion, but since you did then why not go the whole nine yards and mention a couple of names.

What is wrong with you people in the Greek media anyway?

You speak of clarity and fair play, and pretend that you expose information when all along you are only sweeping your own dirt under the carpet.

Some of the reporters in the Greek press cannot even hand out perfume samples, let alone report news... And where else in the world are anchormen/woman lawyers?

E?

Only in Greece!

So if you want people to begin believing in you once again, then start talking! If there are Greek reporters accepting kick backs and involved in money laundering then we want to know.

The radio report came after the news that several big names in the media sector were going to be exposed by Akis Tsochatzopoulos for accepting kickbacks and being directly involved in money laundering.

One Third Of Greeks Over-Qualified For Their Jobs

Roughly a third, or 33-35 percent, of Greece's workforce is currently employed in positions that require fewer formal qualifications than those they have and this trend is increasing during the years of economic crisis, according to experts from the European Centre for Development of Vocational Training (CEDEFOP) speaking at a seminar in Thessaloniki on Thursday. On the other end of the scale, approximately 16-18 percent of Greek employees hold jobs for which they are under-qualified based on Eurostat figures for 2007-2011.

At the same time, they noted, the workforce as a whole ranked low in eight basic lifelong learning competencies that are deemed essential for professional advancement by job markets and the European Union. These include communicating in one's native language, communicating in foreign languages, mathematical competence and basic competences in science and technology, digital competence, learning to learn, social and civil competences, sense of initiative and entrepreneurship and cultural awareness and expression. (AMNA)

Derivatives - For Dummies

Pick something of value, make bets on the future value of "something", add contract & you have a derivative. Banks make massive profits on derivatives, and when the bubble bursts chances are the tax payer will end up with the bill. This visualizes the total coverage for derivatives (notional). Similar to insurance company's total coverage for all cars. More precisely, a derivative is a legal bet (contract) that derives its value from another asset, such as the future or current value of oil, government bonds or anything else. Ex- A derivative buys you the option (but not obligation) to buy oil in 6 months for today's price/any agreed price, hoping that oil will cost more in future. (I'll bet you it'll cost more in 6 months). Derivative can also be used as insurance, betting that a loan will or won't default before a given date. So its a big betting system, like a Casino, but instead of betting on cards and roulette, you bet on future values and performance of practically anything that holds value. The system is not regulated what-so-ever, and you can buy a derivative on an existing derivative. Most large banks try to prevent smaller investors from gaining access to the derivative market on the basis of there being too much risk.

• One Hundred Dollars - $100 - Most counterfeited money denomination in the world.  Keeps the world moving. 
• Ten Thousand Dollars - $10,000 - Enough for a great vacation or to buy a used car. Approximately one year of work for the average human on earth.
• 100 Million Dollars - $100,000,000 - Plenty to go around for everyone. Fits nicely on an ISO / Military standard sized pallet. ($1 Million is the cash square on the floor)
•  1 Billion Dollars - $1,000,000,000 - This is how a billion dollars looks like. 10 pallets of $100 bills.
• 1 Trillion Dollars - $1,000,000,000,000 - When they throw around the word "Trillion" like it is nothing, this is the reality of $1 trillion dollars. The square of pallets to the right is $10 billion dollars. 100x that and you have the tower of $1 trillion that is 465 feet tall (142 meters).

Morgan Stanley

• Morgan Stanley has a derivative exposure of $1.722 Trilion dollars.
• Its a too big to fail (TBTF) bank. It recently settled a lawsuit for over-paying its employees while accepting the tax payer funded bailout. Vice Chairman of Morgan Stanley had a license plate that said "2BG2FAIL" on his Porsche Cayenne Turbo. 
• All this while $250 million of bailout money ended up in the hands of Waterfall TALF Opportunity, run by the Morgan Stanley's owners' wives-- Marry a banker for a $250M tax-payer cash injection.
• The bank also got a SECRET $2.041 Trillion bailout from the Federal Reserve during the crisis, beyond the tax payer bailout.

 

 HSBC

• HSBC has a derivative exposure of $4.321 Trilion dollars.
• HSBC is a Hong Kong based bank and its original name is
• The Hongkong and Shanghai Banking Corporation Limited.
• You will find HSBC working a lot with JP Morgan Chase.
• Both HSBC and JP Morgan Chase have strong interest in gold & precious metals. HSBC and JP Morgan Chase are often involved together in financial scandals.
• Lately HSBC has been sued for allegedly funneling more than $8.9 billion to the largest ponzi-scheme in history - Bernie Maddof's investment business.
• HSBC (along w/ JP Morgan Chase) has been sued for alleged conspiracy suppressing the price of silver and gold, partially through precious metal DERIVATIVES and making billions of dollars on it. State of Hawaii is suing HSBC (and other banks) for deceptive credit card lending practices.
• DZ Bank in Germany is suing HSBC (and JP Morgan) for deceptive (lying) practices when selling home-loan-backed securities. 
• HSBC is also under investigation for laundering billions of dollars.

Goldman Sachs

• Goldman Sachs has a derivative exposure of $44.192 Trillion dollars.
• The $1 Trillion pillars towers are double-stacked @ 930 feet (248 m).
• The White House is standing next to the Statue of Liberty.
• Goldman Sachs has advantage over other banks because it has awesome connections in US Government. A lot of former Goldman employees hold high-level US Government positions (chart).
• Mitt Romney's top donor is Goldman Sachs, and one of Obama's best donors.
• Ex-CEO of Goldman Sachs, Hank Paulson became the Secretary of Treasury under Bush and during the 2008 financial crisis authored the TARP bill demanding $700 billion bail-out.
• In UK, Goldman Sachs escaped £10 million bill on a failed tax avoidance scheme with help of good connections. 
• The bank is the largest player in the food commodities market, earned $955m from food speculation in 2009" - That's your $$$.
• Goldman Sachs employees are arming themselves with guns in case there is a populist uprising against the bank.
• Goldman Sachs calls their investors "Muppet's". and use clients to make money for themselves, disregarding the clients.
• The bank was fined $22 million for sharing valuable nonpublic information with top clients (Think insider trading with best clients).
• Goldman Sachs was part-owner America's leading website for prostitution ads until the ownership stake was exposed.
• Goldman Sachs helped Greece conceal its debt with secret loans, while simultaneously taking advantage of Greece.
• Goldman Sachs got a $814 billion SECRET bailout from the Federal Reserve during the 2008 crisis.
• Goldman Sachs got $10 billion of the 2008 TARP bailout, and in the same year paid $10.9 billion in employee compensation and "benefits", while paying a tax rate of 1%. That means an average of $327,000 to each Goldman Sach's employee.
• Bank of New York Mellon - Derivative Exposure

 

 Citibank

• Citibank has a derivative exposure of $52.102 Trillion dollars.
• The $1 Trillion dollar towers are double-stacked @ 930 feet (248 m).
• Citibank customers have been arrested for trying to close their accounts, while in in Indonesia a man was interrogated to death in Citibank's special "questioning room". In 2011 Citibank paid a fine of $285 million for selling home-loan backed bonds to investors, while betting they would lose value (think derivatives/insurance). The man in charge of the unit at Citibank became Obama's Chief of Staff. 2 weeks before getting hired by Obama he got $900,000 from Citibank for great performance. This was after Citigroup took out $45 billion in bailout money.
• Citibank knowingly passed over bad loans to the Federal Housing Administration to insure.
• Citigroup also received a SECRET $2.513 trillion dollar bailout from the Federal Reserve.

 

JP Morgan Chase

• JP Morgan Chase has a derivative exposure of $70.151 Trillion dollars.
• $70 Trillion is roughly the size of the entire world's economy.
• The $1 Trillion dollar towers are double-stacked @ 930 feet (248 m).
• JP Morgan is rumored to hold 50->80% of the copper market, and manipulated the market by massive purchases. JP Morgan is also guilty of manipulating the silver market to make billions. In 2010 JP Morgan had 3 perfect trading quarters and only lost money on 8 days. Lawsuits on home foreclosures have been filed against JP Morgan. 
• Aluminum price is manipulated by JP Morgan through large physical ownership of material and creating bottlenecks during transport. JP Morgan was among the banks involved in the seizure of $620 million in assets for alleged fraud linked to derivatives.
• JP Morgan got $25 billion taxpayer in bailout money. It has no intention of using the money to lend to customers, but instead will use it to drive out competition. 
• The bank is also the largest owner of BP - the oil spill company. During the oil spill the bank said that the oil spill is good for the economy.
• JP Morgan Chase also received a SECRET $391 billion dollar bailout from the Federal Reserve.

Biggest Banks' Derivative Exposure - $228.72 Trillion 

Note: There were a few more smaller banks but we only included the ones that operate internationally.  Interestingly, the little man standing in front of white house. The little worm next to last football field is a truck with $2 billion dollars.

• There is no government in the world that has this kind of money. 
• This is roughly 3 times the entire world economy. 
• The unregulated market presents a massive financial risk. 
• The corruption and immorality of the banks makes the situation worse.
• If you don't want to bank with these banks, but want to have access to free ATM's anywhere-- most Credit Unions in USA are in the CO-OP ATM network, where all ATM's are free to any COOP CU member and most support depositing checks. 
• The Credit Unions are like banks, but invest all their profits to give members lower rates and better service. They don't have shareholders to worry about or have derivatives to purchase and sell.
• Keep an eye out in the news for "derivative crisis", as the crisis is inevitable with current falling value of most real assets.

Source - removingtheshackles.blogspot.com