The article “Is the Madoff Scandal Pardigmatic?” by John Graham and Kevin MacDonald has the following conclusions:
- Through his pyramid scheme, Madoff transferred assets from non-Jews to Jews and from poor Jews to rich Jews. This transfer is in line with theories of Jewish social hierarchies being structured in such a way that the Jewish elite gains at the expense of ordinary Jews
- Jewish ethnic lobbying prevented an early detection of Madoff’s pyramid scheme
- Madoff’s behavior is representative of the “conditionality inherent in the Jewish attitude to society at large.”
Whereas I will not argue against your second point, I’d like to make some comments in regards to your first and third conclusions.
During 1960-1975 Madoff built his business from scratch with Jewish “deep retail” money. Only in the 1990′s did Madoff’s asset management arm become big enough to take off as a market-leading business with global investors. One impetus was the endorsement from major Jewish banks in Europe such as Union Bancaire Privée (owned and managed by the Jewish family De Picciotto). That endorsement prompted other Jewish asset managers to recommend Madoff to their mostly Jewish clients.
As is mentioned in the literature in your article, Madoff also started to work with Jewish and non-Jewish frontmen in the 1990′s. The Madoff so called feeder funds of these frontmen were resold to institutions and high-net-worth investors, Jewish and non-Jewish. The non-Jewish frontmen participated in the Madoff Ponzi scheme with the same enthusiasm as their Jewish peers.
The third important factor was the exponential growth of the fund of funds industry in the 1990′s and 2000′s. The fund of funds industry has a reputation for being herd animals. Since many of the early funds of funds were Jewish (such as above mentioned UBP which set up its first fund of funds more than 40 years ago,) Madoff had a first mover advantage in this herd’s so called “selection process.” When the fund of funds industry took off, Madoff was one of very few “tried and tested” managers among the established, large and prestigious funds of funds. That made his funds a natural choice for the entire herd.
The end clients of the fund of funds industry were majority non-Jewish. Most of these clients were European investors (private and institutional) who lacked knowledge of hedge funds but who felt an irresistible temptation to put money to work in the industry. Asking a fund of funds to put together a hedge fund portfolio was a way for these European investors to “dip their toes into the water.” It also gave them the option to blame someone else (the fund of funds) if the investment went wrong.
In short, the Jewish elite (meaning people like De Picciotto) are therefore not to be seen as the big economic beneficiaries; on the contrary, the winners (if any) were the Jewish retail investors who put money to work with Madoff many decades ago and who often had divested from Madoff before 2008.
The biggest moral losers were the elite Jewish individuals and organizations, who had recommended Madoff. These people lost much of their trust among both Jews and non-Jews. The herd mentality of the fund of funds industry (both Jewish and non-Jewish) was also mercilessly exposed. In the sense that Madoff was an example of a manager who relied on ethnic networking rather than own merits, the ethnocentric approach to fund marketing also took a hit, especially among the Jewish community.
So who were the economic losers from the Madoff scandal? This has not quite been determined yet. However, we know for sure that Madoff had a devastating impact on many Sephardic Jewish asset managers, especially in Switzerland. Many of these were Jewish “nobility” who had been ultra-wealthy for many generations.
The second group of economic losers are the investors who at this point in time do not want to disclose their assets with the IRS. (Irving Picard, the trustee appointed by the US courts, works in tandem with the IRS and demands full transparency from all investors who wish to be compensated.) Many of these tax evaders are likely to be Jewish millionaires or even billionaires, especially the ex-Soviet investors who invested in Madoff through Sonja Kohn. (Kohn alone reportedly raised $9 billion out of the $65 billion that Madoff “managed.”)
The remaining investors, majority non-Jewish such as European banks and asset managers, will probably not suffer so much from Madoff as was initially expected. These investors, who have cooperated with Picard since they haven’t had anything to hide, have already been offered around 40% back of what they thought they had with Madoff. Many of these investors have turned the offer down because they think much more will be recuperated as the process continues. Their decision might be correct.
These investors know that Picard’s next step is to go after the banks and auditors who put their stamp of approval on Madoff’s hedge fund operation. Most prominent of these banks are UBS and HSBC, who accepted Madoff assets as collateral for loans given to their clients. These banks have already suffered significant credibility losses after the financial crisis and given that they have deep pockets there is a high probability that they will accept a generous settlement with the Madoff victims.
So in contrary to what you contend in the article, I would assert that the Madoff scandal had a devastating economic and moral impact on the Jewish financial elite. I would also say that the “mom and pop” Jewish investors might have gained as well as lost and that non-Jewish investors are not likely to have suffered as large losses as initially thought; perhaps they might even get their money back.
Your article also discusses whether or not the Madoff scandal illustrates the “conditionality inherent in the Jewish attitude to society at large.” There have certainly been Jewish fraudsters other than Madoff in the hedge fund industry. However, of the roughly 100,000 funds listed in international databases, a large percentage are run by Jewish investment managers and very few of these display fraudulent behavior from what we can assess. There are also numerous examples of non-Jewish fraudulent hedge funds, many of which display a behavior akin to Madoff’s without being accused of an ethnic agenda.
One example is the Swedish-managed hedge fund Weavering Capital, which posted Madoff-like returns during the period 1998-2008 before being exposed as a fraud in March 2009. In its early life, Weavering attracted Scandinavian and British retail investors and as the returns became too attractive to ignore, the fund became a choice for the same type of legitimate fund of funds which invested in Madoff at the end of his career.
In the aftermath of the financial crisis, it was discovered that the English wife of Weavering’s Swedish founder and chief investment officer was running an offshore company which carried out end-of-the-month transactions with her husband’s fund at fictitious trading levels in order for Weavering’s performance to look artificially good. In all, Weavering’s performance was inflated by $640 million. It looks like the early-stage Scandinavian clients of Weavering who divested before 2008 will not have to return the fraudulently created profits to the investors who lost when the fraud was exposed. The Scandinavian retail clients thereby gained in the same way as Madoff’s early stage Jewish private investors who divested before Madoff was exposed. Moreover, it looks like the non-Scandinavian investors will lose everything in Weavering, as opposed to the non-Jewish investors in Madoff who are likely to recuperate some of their losses.
However, as far as I am aware, no one has found the Weavering scandal to be “paradigmatic” for the behavior of Northwest European investment managers. I would therefore be careful when making general descriptions of Jewish behavior based on the Madoff scandal.
Facing the Future as a Minority
Was the Immigration Act of 1924 Illiberal?
If you could get the truth out of two, or more, of the more knowledgeable members of the Lehman family on the collapse of Lehman Brothers it would be fascinating.
The Lehman’s claim that Robert Lehman was the last actual Lehman involved with the operation of Lehman Brothers, and he retired in 1968. But, I find it hard to believe that the Lehman’s didn’t have a considerable investment & influence in Lehman Brothers.
Like the Mellons’ who also hit our shores around 1820, there are from what I’ve read about 150 to 200 Lehman descendents.
If some say it’s debatable the Madoff scandal was paradigmatic, they can’t say the jewish reaction to it wasn’t. From the Forward:
http://www.forward.com/articles/15032/
That cartoon’s pretty funny . Thought it appears to be mocking the likes of Ahab Foxman and other twisted tribal hypocrites .
I wonder if its any different in the Bush & Clinton ethical view .Gentiles play caveat emptor right down to the line and ‘Friends’ won’t listen to any other version .
The only difference is really that Gentiles don’t hangout with religious hypocrites who pan handle for the Holocaust Industry business .
“Kohn alone reportedly raised $9 billion out of the $65 billion that Madoff “managed. The remaining investors, majority non-Jewish such as European banks and asset managers…”
I don’t think anyone knows for certain what percentage of the investors in Madoff’s pyramid scheme were Jewish. I would be shocked if that figure is below 50%.
In my liberal Northeast state, the list of people with money invested in Madoff’s racket was overwhelmingly Jewish.
Like Jewish daily Forward, tIsraeli daily Ha’aretz also tried to cover Madoff’s Jewishness by claiming that Madoff did not even spared Jewish charities and sucked $600 million from them.
Jewish Tablet magazine recently blamed Congressman Anthony Weiner’s Muslim wife for her husband’s immoral behaviour which the magazine claimed had nothing to do Anthony being Jewish.
Forward published an interview with ‘self-hating Israel-threatening’ Israel Shamir. It quoted Shamir saying: “If you are never called an anti-Semite it means you never spoke against some awful things, for instance against Bernie Madoff, because if you would, you would be called ‘antisemite’. Anyway this accusation does not mean much for Jews; you’ve been to Israel, you know people call each other ‘antisemite’ easily”…..
http://rehmat1.wordpress.com/2011/05/19/israel-shamir-lost-in-translation/
Mr Jansen is saying, ‘don’t be accusing Jews of being over represented in the swindling caper, ’cause there are Goys who do it too’.
Sorry but you are kidding, right?
They are a minute percentage of the population and sure, when a small fraud, say a million or two is discovered odds are it isn’t always a Jew. But when a really BIG swindle is exposed, in the hundreds of Millions, you will find at very the bottom of it a swindling Jew.
Start by looking at your Federal Reserve, probably the biggest swindle in human history! Lock stock and Barrel owned by Jews, run by Jews and all profits go to Jews. The US Government go to it for money and they charge interest on what they create by way of a simple printing press! What a racket! JFK cottoned on to this and began printing US dollars and not actually bothering to pay the Fed any interest on these dollars. A few months later had his head blown off, by a lone nut.
Yea right.
Look at the GFC and all those grinning, wallet lifting Jew shysters who sit at the top of ALL the major Banks and Institutions. Here in Australia every few years an Insurance company goes under and we hear that the owner has done a runner to Israel.
Look at Russia in the 90′s under Yeltsin, of Russia’s seven richest men SIX were Jews. When Putin came along he Jailed a few of them and confiscated what he could, but you’d probably call him an anti-semite.
Jews are Jews, they are congenital swindlers who cannot help themselves. Their existence is inimical to Whites, over countless centuries they damaged or destroyed every country they ever settled in and were eventually expelled from every one. Until Whites wake up and get rid of them we are all doomed.
Amen.
Non-Jewish investors may actually get their money back?
When? 20 years from now…maybe? Laughable.
Also, Trust Ain’t Money.
Sure they may cry a few tears over losing people’s trust, but then they glance at their bank account and say….whatever early retirement here I come!
The problem with all so-called ‘English’ women who hail from the kind of social class the female Weavering’s Swedish founder married, is that a high proportion of them are Marrano (Secret) Jews, or have lived amongst Jews for most of their lives (e.g., South-east England), or have been educated or otherwise deeply influenced by them.
All ‘English’ women (especially those living in the south-eastern corner) grow up as de facto Jewesses. Such is the cultural dominance Jewish mores have enjoyed over the country since the days when 10, Downing Street housed its first Jewish Prime Minister: Benjamin Disraeli.
Therefore, in the light of these disclosures we would be wise to re-interpret the Weavering scandal.
Madoff is frankly small potatoes. The real fraud started with Milken, Greenberg, Weill, etc.
Now ones essentially all of the biggest hedge fund and LBO managers are Jews. With leveraged debt, these pricks (along with Gentiles in the Fortune 100) have sliced through American industry and sent it *all* off shore in the span of three decades. Hundreds of years of technological development and its associated wealth given away for what likely amounts to the equivalent of a few hundred billion dollars.
Government debt = Wall Street power = Jewish power
It is not a coincidence that Jews have become ascendent as US and European debt has exploded.
The question is whether the Jews on Wall Street and DC really have the power or are figureheads (court Jews) for European royalty, the Saudis, and Asiatics. This I can not answer.
As mentioned above, it has been suggested that Jewish social hierarchies are “structured in such a way that the Jewish elite gains at the expense of ordinary Jews.” This brings to mind a piece of music written by Mussorgsky, a Russian nineteenth-century composer. The piece is called “Samuel Goldenberg and Schmuyle” and belongs to the cycle “Pictures at an Exhibition.”
Samuel Goldenberg is a rich Polish Jew, and Schmuyle a poor Polish Jew. In Mussorgsky’s music, the two Jews engage in a conversation, in which the rich Jew is represented by a heavy pompous theme and the poor man by a high-pitched bleating theme. As time goes on, the rich man’s voice drowns out the poor man’s voice, and the themes merge.
It may almost seem as if Mussorgsky was translating Prof. MacDonald’s thesis into music.
Just for the sake of completeness, here is the piece, along with the original paintings:
http://www.youtube.com/watch?v=mUxf-n026dU
There is something very gripping about this music: the wealthy Goldenberg and the miserable Schmuyle…
All technicalities considered,am I really that wide of the mark when I – simple “prejudiced” Gentile that I am – stick to my conclusion,reached long ago,that JEWS ARE AN ETHNIC MAFIA,and that just like other criminals they also cheat among themselves?Isn’t that what this case – and numerous others – again illustrates?Paradigmatic?I would say: definitely yes!
P.S. Is there anyone who has information whether the financial crisis in Iceland, that shook that stable island of honest Nordic people, was caused by the Jewish-Israeli wife of its Prime Minister?Perhaps again a “paradigmatic” case?
@ Franklin Ryckaert [June 16, 2011 - 9:38 am] …
To my knowledge, no hard evidence has emerged, but circumstantial evidence can be a powerful tool.
The female’s name is Dorrit Moussaieff, and you can (predictably) find a flattering puffery page over at Wikipedia.
She is dyslexic (confirmed), and British (allegedly) … hey, isn’t half the world?
Wikipedia (unintentionally) hints at her culpability. You will find this included in her entry this statement; focus on the final phrase: In 2003, Moussaieff married Ólafur Ragnar Grímsson, president of Iceland, on his 60th birthday. She has helped present Icelandic culture abroad, promoted Icelandic artists and identified foreign markets for Icelandic products.
I find that reading between the lines usually pays high dividends.
Other strange things have been happening in Iceland since. On Sunday, 1st February 2009, Johanna Sigurdardottir, then aged 68, became Iceland’s interim Prime Minister. Mother of two children, she is a lesbian and married her long-term female partner, writer Jonina Leosdottir, when still in office. The Prime Minister’s office then issued a statement calling the new law a “cause for celebration for all Icelanders,” adding that, “I have today taken advantage of this new legislation.”
About 2 weeks earlier, on June 11, 2010, the Icelandic parliament voted 49 to zero(!?!!!) to change the wording of its marriage legislation to include matrimony between “man and man, woman and woman,” in addition to unions between men and women.
Interesting to note a factoid I picked up on my travels about 2 years ago. There were no Jews (or no Jewish community) in Iceland until circa 2001. Now, a significant Jewish community is already well established in Reykjavik.
The age old formula paying dividends yet again. So Franklin, me thinks the more you know about Dorrit Moussaieff the closer you will get to answering your own question.
FR – I think your conclusion is largely correct.
To Franklin Ryckaert:
Here’s a sound theoretical treatment of the collapse. Ultimately the € experiment will fail, too.
http://is.gd/MM2CMj
More for Franklin Ryckaert
If you do a search on Peter Orszag Iceland you can find many articles explaining this guy was a key player in Iceland’s collapse.
Jew Peter Orszag was Obama’s Director Office of Budget and Management.
“… and most notably, the Central Bank of Iceland. The once prosperous economy of Iceland has been devastated by the current economic crisis, which its citizens say was carried out by a gang of financial criminals who followed disastrous policies and advice – provided by Peter Orszag and Company.”
The Neo-Cons: “The CV of Obama’s Budget Director Peter R. Orszag:
http://hubpages.com/hub/Will-the-USA-Become-Another-Iceland
http://www.rense.com/general86/zelephant.htm
To Anti-Surrealist:
OT, on a different post you mentioned that the executive in charge of SBS TV Australia was a Jew, promoted by dint of ethnicity rather than merit. I could find nothing to substantiate this. Can you point me in the right direction, please?
It would be great if a small introduction of the author, Mr. Jensan, was presented at the end of his comment, as is usually the case with the participants for which we have no other reference.
As for the content of Mr. Jensan, I believe that it follows the typical defensive attitude accompanied by a rethoric that does not make the case. It is a bit like saying to a revisionist of the Holocaust: “So you are saying that no Jew died during the second world war”.
The case made by MacDonanld and Graham is clear, Jews are in a position of dominant leadership whitin the banking and financial industries, based on competitive advantages they have enriched through 2000 years of tradition, and mostly since the Medicis of the renansaissance. As the behavior of ethnocentrism from the jewish community is incontestable, MacDonald and Graham simply expose that the Madoff event suscribres itself perfectly in this culture of double standards-double moral values of ethnocentricism. Does this mean no other subgroups are ethnocentric, certainly not. Jews have effectively, through the culture of multiculturism and other intellectual propositions modified the western culture into a multitude of subsets where ethnocentrism is the central gravity point.
While jensan pretends to counter the arguments of McDoanald an Graham, he simply reinforces the point that the financial and banking participants funtion on a blatantly elitist model of society and desire to remain deaf and blind to people exposing them to this truth.
As for TOO, congratualtions in exposing both points of view on this matter, it allows for the reader to make his own opinion.
I would hope that Main Stream Media would be held to the same standards.
While on the topic of “ethnic investing”, Martin Armstrong, founder of Princeton Economics hasn’t a racist bone in his body yet he wrote “The Euro is a complete failure because there was no national identity in Europe. That was the key to making the Euro work.” The complete article can be found at http://www.martinarmstrong.org/files/Greece%2006-16-2011.pdf
That’s just his opinion . Give the logic of facts Alex so we can scrutinize his opinion.
In my understanding the Euro has problems because of the many disparate political structures and social cultures makes biz and banking competition unequal and at the same time the political social structures desire equal living standards , and so the politician used the their Euro credit cards to borrow and the new Jewish American banking system of credit creation used ‘debt instrument’ (ie printing money) we keen to help .For those less informed , debt instruments are just fancy ideas that obscure the logic , that all debt has to be backed by the means to forefil the obligation of its worth. Infact the Greenspan period was just a ponzi world wide swindle with the too big to fail banks , being bailed out by the people of the world that actually produce something material. And the money stolen from those banks then plowed into real stuff .
ANOTHER PARADIGMATIC CASE? THE JEWISH WRECKING OF ICELAND.
@ Trenchant, june 16,2011,11:11 am.
Thanks for the information.It says that Iceland’s collapse was caused by “bad central bank policy”,without elaborating what that policy actually was.I found further information under “What’s the lesson of Iceland’s collapse”,an article by Iceland’s Minister of Business Affairs.I am no economist,so I can’t understand all the technicalities,but what I learned is that Iceland’s banking system suddenly changed from a stable,conservative mode to a highly aggressive and speculative mode.I suspected an ethnic component to this phenomenon…As the article says: “…Iceland never had a very well developed banking sector.The banking sector was almost purely local…it was sound in the sense that it wasn’t very adventurous.They weren’t taking any great risks…they were basically serving the needs of the economy…”.Then things suddenly changed.Between 1998 and 2002 banks were privatized without putting in place any sort of controls.The article continues: “…The people who bought the banks turned out to be not quite the people you would want to run banks because they were fairly aggressive and risk loving…”.They expanded abroad and financed their rapid growth with foreign borrowing.It was an ever expanding bubble untill it finally burst.The article described HOW it happened ,but not WHO was behind it.I suspected a Jewish connection, so I googled: “Iceland banks controled by Jews”,and found an article by Christopher Bollyn in the National Journal called “The Israeli who runs the Obama White House”. And what appears?Iceland’s Central Bank prior to the collapse was advised by a certain Peter Orszag,an American JEW.Born in 1968 in Boston, he graduated in 1991 from Princeton University and in 1992 he earned a degree at the London School of Economics.In the years 1992-93 he advised the Russian Ministry of Finance at the time that his co-ethnics, the notorious Jewish “oligarchs” plundered the economy.In the years 1993-98 he served in the Clinton administration under his co-ethnic, treasure secretary Robert Rubin, who would later wreck Citigroup,while another co-ethnic of his, Rahm Emanuel pushed the disastrous NAFTA agreement.In 1998 he co-founded the economic consulting company Sebago Associates,where he served as its president through 2007.It was in this capacity that he advised the Central Bank of Iceland.So again a JEW behind the wrecking of a country. Paradigmatic? You bet!
@ Anglo-Saxon, june 16,2011, 12;02 pm.
Thanks for the information about that Israeli Jewess Dorrit Moussaieff who married Iceland’s President.She was probably not involved in the ECONOMIC wrecking of Iceland,as her co-ethnic Peter Orszag already was fulfilling that duty.She plans however to change Iceland into what she calls a “cooler version of Dubai”,meaning a tourist attraction for the super-rich (and the super-decadent),thus promoting Iceland’s MORAL wrecking.Jews believe in the division of labour,you know.
Combined with the fact that Iceland’s new Prime Minister is a lesbian married to her female partner and that Iceland has adopted gay-marriage,a phenomenon to which Jewish influence will not be foreign,I think the overall Jewish wrecking-plan for Iceland is pretty clear.First wreck the country financially,then morally and finally racially.Iceland is the only all-White country left on earth and that of course cannot be tolerated by Jahweh’s Chosen People.Expect in the near future the “need” for unskilled labourers from the Third World,then skilled ones from India and China together with asylum seekers and an intensive propaganda by the governement for “multiculturalism”.To prevent any kind of resistance to their racial destruction expect the adoption of anti-Hate Speech laws.And when the island is full of the wreckage of the Third World,its streets terrorised by Somali gangs,its girls gang raped by Pakistanis,its people impoverished and demoralized,expect there to exist in its most expensive suburbs a small gated community where the people live who have caused it all: the Jews.But then,isn’t that for which Jahweh has especially “chosen” them: nation wrecking?
@ Franklin Ryckaert …
A footnote on Dubai. I visited Dubai just before the first Gulf War (early 1990) and it was a charming and marvellous place to visit. Friendly, compact, fascinating, and built on a human scale.
Most of the airline stewardesses stopping over in Dubai during those early days were drop-dead gorgeous … and I mean gorgeous!
Then in circa August of 1990 came the US Navy with their many hangers-on, Jewish secret agents, followed by the crime bosses from Bombay’s underworld. The rest is history.
As you so correctly indicated, the prospects for Iceland are indeed bleak unless a Euro-wide paradigm shift is set in motion.
Franklin
Your observations on Iceland’s future should be made compulsory reading in every University where Whites go to learn, beginning with Iceland’s.
That youtube video about the rape crime wave in Norway is devastating. All the rapists are Muslim or non-White and all the victims are White.
Here is a Coptic bishop warning Germans to “learn from history” regarding the Muslim takeover of Egypt:
http://www.youtube.com/watch?v=_JJKDdqEl2Q&NR=1
Anti-Surrealist, I could no more “Give the logic of facts” regarding Armstrong than I could with MacDonald. I am not in their league and merely read them to try and improve my understanding of the world. You already know about MacDonald and Armstrong’s site is http://www.martinarmstrong.org/economic_projections.htm if you want to “follow” him for a while. Like Alf Field, Jim Sinclair and a few others he has always said that “the real stuff” will exceed $5,000 an oz. All the best!!!
Clearly the nature of our financial elites changed with the rise of Jewish influence on Wall Street. We had a group of people who fundamentally didn’t care about the US in a position of ultimate financial leadership for this country – a very dangerous situation. This would be a problem even if their weren’t thieves among them.
But Jews by no means have a monopoly on worldwide thievery. Iran, Saudi Arabia, Venezuela and many other OPEC countries stole (i.e. nationalized) American and British oil wealth decades ago and have seen looted trillions from White men in the West.
But apparently that doesn’t bother anyone.
Jason a country controled by elites whose primary interests and loyalty don’t lie with the native population or the country at large is always a recipe for disaster for that country and the road to de facto servitude for its native population. Having Jews over represented among the elite of any country other than Israel is as dangerous for the ultimate well-being of a country’s citizens as having the British in charge of India or the French of Vietnam were for those populations. When Jews are forced to choose between the interests of their tribe or those of the land in which they’re currently living, even if they hold that country’s citizenship, they will always pick the interests of their tribe first.
When Mossadeq argued that a greater portion of Iran’s oil wealth should actually go to benefit the people of his country, the British masters went ballistic, and their agents and ours went to work. Mossadeq, even though he was pro-West, and even though his arguments were quite reasonable, was turned into a monster– a Communist, a ruthless dictator of the highest order, etc.. I do not believe that it is entirely unreasonable to suggest that, if England’s leaders had been a little less greedy, and saw to it that more of that oil wealth helped the people of Iran, and if America had said no to England’s request for help in getting rid of the “Mossadeq problem,” the people of Iran, England, America and several other countries would be doing much better today.
Because someone is Swedish or English or American doesn’t mean they’re not Jewish. Madoff himself is American and he is Jewish. We do not know Weavering Capitol isn’t jewish.
To Jason Speaks:
Here I’m in agreement with you. Central banking and fractional reserve banking is the fruit of the unholy marriage between politicians and bankers and their clients. The temptation is so great that I believe it will always be present, regardless of the ethnic group.
This I find rather quizzical:
http://www.citiislamic.com/ciib/homepage/
“Is the Madoff Scandal Paradigmatic?” Who knows? What we do know is that this topic will not attract the 190 comments on “Crypto-Judaism in the Catholic Church”.
To Franklin Ryckaert:
Here’s the PDF file. It runs to 158 pages. The link I gave before was just the summary. Apologies.
http://is.gd/XeY6VS
To Floda:
Here’s a great article on the pillaging of the ex-USSR by some establishment members of the Tribe.
http://janinewedel.info/harvardinvestigative_InstInvestorMag.pdf
On your comment regarding Australian insurers going bankrupt, can you throw me a few names? Thanks.
Trenchant,
There were others, Palmdale was one insurer but the one I can recall as by far the largest ever scandal is this one:
The Australian Regal Life and Occidental Life Insurance companies were taken over by Jewish swindlers in 1987. Three years later HUNDREDS of MILLIONS of Dollars vanished into thin air. The Liquidators later revealed (among other things) that they had purchased two Lear Jets with the policyholders money. The matter went to court in the state of Victoria where the Jews hired EVERY “Queens Council’ Barrister, leaving the Government side with only the lesser lights of the Legal Profession.
This ‘trial’ turned into a farcical stalemate with a PC financial press so timid (afraid of Jews) you needed a Jeweler’s loop to read between the lines. In the end, the head Jew offered the Court a “solution”; He would PERSONALLY donate $10 Million to the Victorian Bar, PROVIDED neither he, nor any of his executives would ever be taken to task again on any matter in relation to the ‘accidental sale’ of the two insurers.
To no-one’s surprise, the Bar took the bribe, nobody went to Jail. The Melbourne Jews are still dancing around the Golden Calf with their ill gotten gains.
To Floda:
Much appreciated.
I had a Jewish acquaintance who familiarized me with a saying in Yiddish, it was “Screw the goyim, steal their geld.” (Geld is Yiddish for gold). Well, the Jews have taken this to heart for many centuries, and the Fort Knox geld is probably knockin’ around Tel Aviv or Switzerland somewhere. As the ultimate in money, the control of gold is the true paradigm that characterizes the Jews. Once they have it safely tucked away, they can print up some paper medium to satisfy the needs of commerce–it’s all about trust, right? So screw the goyim, steal their gold!!!
@ Tom Brown, june 19,2011-8:47 pm
It is perhaps in this respect also “paradigmatic” that so many Jewish family names often reflect the objects of their desires: names with gold, silver, pearl, diamond, sapphire (shapiro) etc.
BTW geld (should be written: gelt) means “money” in Yiddish, though it is undoubtedly derived from the German/Yiddish word for gold, which is Gold.
To that saying that you just mentioned could be added numerous others that reflect the Jewish desire for money and the wish to obtain it by trickery.
Many of their jokes are about the same, plus of course about the innate stupidity of us “goyim”.
Thank you TOO for publishing my comment and I appreciate the insights from the readers.
I will respond to John Graham’s answer but in the meantime, I’d like to address some of the readers’ thoughts:
@Venona: You are correct in stating that many of the end investors were Jewish. It is a near impossible task to say what the percentage might be. I said many of the investors were non-Jewish because in the shareholder registry this would have been the case. The end investors might however have been Jewish. The difficulty in determining the ethnicity of the victims speaks against Mr. Graham’s claim that Madoff’s racket was specifically targeting gentiles. Even if a Jew would have the intention to transfer assets from non-Jews to Jews, it is a very difficult task to achieve given the anonymity of today’s financial markets.
@Floda and others: I am not trying to say anything about anything but the Madoff scandal, because this is the subject of Mr. Graham’s article. If you believe that Russia, Iceland etc. was a transfer of economic assets from non-Jews to Jews, I suggest that you explain why that is the case and why it is inherent in the Jewish mentality, whereas it is not in the Swedish mentality to swindle investors in spite of the Weavering scandal, which showed many similarities to Madoff.
@Masculinity: If you follow the Madoff case closely, you will know that a large sum of the $65 billion has been recovered.
@Masculinity: Trust is DEFINITELY money. Any businessman inside or outside the financial industry knows this. Individuals at banks like UBP may have made money off the Madoff scandal, but UBP itself has been forced to pay the Madoff trustee $500m in reparations, which is much more than they made in fees from the distribution of Madoff funds.
@Anglosaxon and @remain: I KNOW that Weavering Capital wasn’t Jewish. They did not have a single Jewish employee and whereas I won’t say I’ve studied the entire family tree of the CEO’s wife, I think it’s preposterous to say she was Jewish unless you have some tangible proof.
@Denys Picard: I am not trying to make a general statement about Jews and financial markets. I’m just saying that I don’t think there is enough evidence that Madoff designed his Ponzi scheme in order to benefit the Jewish community.
As for your question about my background: I am a European hedge fund manager.
Well no one that was addressed in this post ever responded. I’d be interested to see if they had any facts on their side. Everyone gets caught up in the hyperbole but it’s important we don’t overstate our case – it hurts our credibility in the long run.
No one answered because it’s obvious there’s more than enough evidence to back their statements and claims. Madoff is no different than all the other jewish shysters. He was the front man for a phalanx of jewish swindlers. Front man gets the good press that allows him to be proclaimed as a “genius”. Front man has to take the fall for the rest if things go awry. The Madoff scandal is typical. What is different about it? Nothing. WHY are there so many jew swindlers in comparison to any other group of people? Because it’s an innate trait to that ethnic group.
OK, but for example, apparently there was an question over Weavering Capital was Jewish or not. I didn’t see any evidence for that case presented. It would be interesting if true.
The better the case we assemble, well the better the case. For example, SNL made fun of that one billionaire Jewish couple that cheated their investors and gives huge donations to Leftist causes. The more specific cases we point to, the better.