Activity

http://www.rense.com/general20/proj.htm
“Large sums of black gold, cash or other forms of convertible assets are used as “collateral” to initiate trading programs. There are also certain classes of government-issued treasury notes and bonds that are privately lodged with major Western banks. These “treasuries” are never meant to see the light of day, but are in turn used by major banks to back the issuance of their own bank debentures “off ledger” in substantially leveraged amounts that can run into tens of trillions of dollars–or their foreign currency equivalents.

In turn, this bank “paper” is traded in pre-arranged “buy/sell” transactions at steep discounts (cents on the dollar) off the face value of the issued bank debentures. The trading of the paper between banks–using proxies–is arranged and coordinated so that the traded obligations effectively “wash out” or are otherwise cancelled, although other scenarios exist where issued paper is purchased at a fair market value and held to maturity. In the past, trading was paper-based, but today everything is electronic “screen-based” and consequently the credits traded have a life of milliseconds. ”
No wonder Dr Farrel talks about banking and trading algorithyms.. They whitewash dirty money between each other…If it works for drug running money, it’ll work for human and organ trafficking, weapons sales to dictators and they use PROMIS software to track the transactions..http://www.historycommons.org/context.jsp?item=a82followthemoney#a82followthemoney (PROMIS history.. for reminding purposes)