this is one example of big$ manipulationABOVE THE LAW
The story of what happened to BankCal, which was the oldest bank in California, illustrates how powerful the Rothschilds are in the United States. (The details of this story come from the San Jose Calif Mercury News, Jan. 12. 1992. I was somewhat surprised that the article appeared considering the strength of the Rothschilds. Sometimes corruption at the top stinks so bad, that It can’t be suppressed entirely.) The United States has the Securities Exchange Commission (SEC) in place to protect the American public from stock fraud. During the 1980’s there were 3 highly publicized cases of fraud that the SEC uncovered. These three cases created widespread confidence within the american public that stock market trading was in general honestly traded. The story of what Edmond Rothschild (full name is Edmond Adolphe Jules Jacques Maurice Baron de Rothschild) did with BankCal expose to the world that men like the Rothschilds do not have to play by the same rules as everyone else. They are literally above the law. The powerful Illuminati control the law. In 1973, the CEO of BankCal, De Bretteville sold Edmond Rothschild 300,000 shares of Bancal Tristate Corp., 22% of the holding company for the Bank of California.
De Bretteville had originally asked two English Rothschild cousins if they wanted to purchase the stock. These two cousins then called two French Rothschild cousins, who then called Edmond in Geneva, Switzerland for assistance. Edmond told them he would help them buy it, and that after he purchased it. he would turn around and divide it with his relatives. He lied. And over the next few years, he would continue to lie to numerous people about his intents for the bank. De Bretteville says, "He lied to his family and he lied to me, it was a dirty deal all around." Bank of California had the only banking franchise at the time which was in all three Pacific rim states (OR, WA, CA). It turned out that the Bank of California was like a piece of art to Rothschild. He had no Intention of improving the bank, he simply wanted it for his collection of companies. Edmond already owned companies in Brazil, toy companies, 10% in De Beers mining in So. Africa, joint business ventures with Robert Vesco, and 30% of Club Mediterranean which Edmond co-founded. Club Mediterranean was created out of the idea that others of the elite would enjoy seaside playgrounds like those he and his mother cavorted at when he was a youngster. Edmond went on to marry a chorus girl named Nadine Actually, sources indicate that the Baron Edmond had wanted to give the Bank of California to his only son. Bengie (Benjam in de Rothschild) as a graduation present. But Bengie who was going to Pepperdine University was more interested in partying. Bengie lived high on the hog at a fabulous California beach house while flunking school and living wildly. Apparently, his father decided his son wasn’t ready for a graduation present. In fact, he left Pepperdine Univ. after 4 years with 31 credits (97 short to graduate) and went back home to Chateau Pregny on the shore of Lake Geneva near Geneva. Switz.
It wasn’t until 1989, that Benjamin stepped forward into the world of finance, by launching his La Compagnie de Tresorerie-Benjamin de Rothschild. The San Jose Mercury. Jan. 12, 1992 reported, ,,The longtime chief executive of the blue-blood San Francisco bank invited Rothschild to invest. Banking regulators encouraged Rothschild to take charge. Securities investigators ignored the frenzy of trading overseas, and later, the documentation of insider trading. The bank’s directors fawned while the baron used it as a personal plaything. ,,This is not what made this country great." says Bill Miles, a former BankCal vice president. "This is greed, all the way through." Edmond Rothschild only purchased a mInority of BankCal’s shares, but he was still able to totally control the company. He was also able to manipulate its stock prices and carry out insider trading without the Securities and Exchange Commission watching it. Edmond named two representatives to the board of directors. The first was George Coulon Karlweis, a patrician Swiss Banker who worked for Edmond. The other was George Shapiro. a New York lawyer who knew nothing about banking. Edmond has called George Shapiro his "godfather and his "guardian angel." Then Edmond replaced De Bretteville as CEO with his man Chauncey Schmidt. Edmond had agreed to leave DeBretteville in his position as a condition to purchase BankCal shares, but when he chose to renege on his agreement he did without compassion. Bank board meetings became a game of ,,What does Edmond think?" Edmond on his part threw parties that enamored him to San Francisco’s high society. Edmond carried out a series of actions which dropped the value of BankCal’s stock drastically. Financial advisors and securities analysts convinced small stockholders to sell their BankCAl stock which they then did for rock bottom prices as little as $16 a share. Rothshild bought some at that price. Some of Rothschild’s secret proxies paid slightly higher prices.
Most of the stock went to anonymous investors trading through private banks protected by secrecy laws. Nearly 20% of the bank’s stock was sold by misled shareholders, and was sold to secret European bank accounts. The Baron and his friends secretly began buying the Bank’s stock after It had hit rock bottom prices. During 1979 to 1981 more than 15% of Bank of California’s stock was sold in Europe. Such an abrupt shift in a stock’s trading pattern is supposed to set off alarms with the Securities and Exchange Commission. Instead the Securities and Exchange Commission turned a blind eye to all the insider trading. The European buyers bought their cheap stock as secretly as possible. They did not openly shop through American brokerages. Instead, they bought small (and therefore. unremarkable) blocks of stock through dozens of private banks in Switzerland, the Netherlands. Germany. Luxembourg. The Baron told his friends that he would sell BankCal, while he publicly gave the appearance that the company was not for sale. For instance, publicly It was announced that David Rockefeller. as well as the elite’s front man for BCCI Ghaith Pharaon had both taiked with Edmond Rothschild about the purchase of BankCal. According to what the public was led to believe. Rothschild said he would not sell his shares in the bank. Jean Marc Vemes, a buddy of Edmond. bought 310.000 shares through a defunct Asian mining company. He was anonymous until Edmond Rothschild nominated him to the bank’s board of directors. After gathering up shares at rock bottom prices, Rothschild announced an official change of heart to sell the bank at $50 a share. Rothschild then sold this supposedly American bank to the Japanese, Mitsubishi, to be exact, and ,,made a killing" off of his manipulations and insider trading. In Mar. 1982, Mitsubishi began secret negotiation to buy the bank which they codenamed ,,Snoopy." Over the years, stockholders had watched various companies offer $74 a share, $60 a share and other good terms only to be rebuffed. When Rothschild finally sold for $50 a share to the Japanese, it was clear that his whole goal had been to cheat stockholders to Insure a big cash reward for himself. Richard Freemon, a large stockholder who had sold. sued Rothschild and the directors for cheating him on his stock. The $25 million dollar lawsuit was settled out of court, with all parties swearing not to disclose how much Freemon got for having lost money due to Rothschild’s stock manipulations.