TOM
HENEGHAN EXPLOSIVE INTELLIGENCE BRIEFINGS
ALL
Patriot Americans MUST know, with sources inside American/European intelligence
agencies and INTERPOL reporting what is really going on behind the scenes of
the corporate-controlled, fascist, extortion-friendly propaganda U.S. media's
massive deceptions
Wednesday April 2, 2014
Banks are Broke
Netanyahu a Direct
Enemy of the U.S. Constitution and the American People
by Tom Heneghan,
International Intelligence Expert
UNITED States of
America - Tonight we bring you the latest report from ZeroHedge.com on the insolvent worldwide banks, which beckons financial Armageddon.
At
this hour we can report that Russian Federation President Vladimir
Putin with the assistance of German Bundesbank President Jens Weidmann
has withdrawn all Russian investment funds from the now insolvent German
Deutsche Bank.
Weidmann
has ordered that the insolvent Deutsche Bank derivatives will be passed
on to the counter parties criminal U.S. banking giants JPMorgan Chase
and the U.S. Bank of America.
Putin
is now backing the Russian ruble with their massive gold reserve as to
protect the Russian currency from the criminal algorithms and
derivatives that are used on a nightly basis in financial worldwide
markets.
$242 Billion: That Is How Much Record "Window Dressing" Banks Got Today Thanks To The Fed
Submitted by Tyler Durden on 03/31/2014
That was the record until today, when just over an hour ago the Fed disclosed that as part of its most recent reverse repo operation, it had handed out to 93 dealer banks and other financial intermediaries, both foreign and domestic, some $242 billion in Treasurys in what is now the biggest reverse repo operation in history, a privilege for which the collateral-starved banks paid the Fed the king's ransom of 0.05% in annual interest, i.e., nothing.
So while hedge funds, speculators and assorted vacuum tubes are rushing all day to bid up all the overvalued stocks they can find in order to make their quarter end P&Ls appear more attractive to LPs even as the early ramp and late selloff is again set to resume tomorrow, the megabanks too were rushing to the "window dressed" safety of Treasurys in order to make their balance sheets appear more attractive to regulators and supervisors, in a world in which high quality collateral is much more valuable than the Fed's fungible reserves, and which helps indicate much higher capitalization ratios than otherwise would be observed at the collateral-starved banks.
But what today's off the charts reverse repo really shows us, aside from the fact that all the reverse repo operation really is, is a way for the Fed to make bank balance sheets appear far better than in reality (for all those still confused), is that the collateral shortage we have been warning about for the past several years, and which is getting only more acute the longer the Fed soaks up all 10 year equivalents from the Treasury market (of which it now holds 35% and rapidly rising), is getting worse for banks.
And in related news, one should consider that tomorrow - with their books well padded for the March 31 daily security "holdings" - the banks will almost certainly unwind over $100 billion if not more of today's reverse repo, an amount that is now equal to nearly two full months of QE. Where that money will go, only the (NY) Fed and a few bank CEOs know.
Then again none of this should come as a surprise - we said precisely this during our last such window dressing observation, to wit:
In short: collateral window dressing on; collateral window dressing off, all with the blessing of the banks' overarching regulator, the Federal Reserve. What is most disturbing is that both the world's largest financial firms, and by implication the Fed, just admitted there is a massive collateral shortage currently if banks are forced to pad their books to the tune of nearly $200 billion in "high quality collateral" just to pass year-end auditor muster.
Today's record quarterly window dressing merely confirmed precisely this.
So while the Fed can provide on both an orderly and on an emergency basis up to the total amount of Treasurys it holds on its entire balance sheet amounting to $2.3 trillion (as of today), what will happen if banks find themselves needing to urgently satisfy $2.4 trillion, or $2.5 trillion, or $5 trillion, or more in Treasury deliverable demands, as collateral chains suddenly collapse on themselves as they did the day after Lehman's bankruptcy and rehypothecated Treasurys, not to mention re-re-re-rehypothecated Treasurys have to be delivered once those infamous "off the books" repo and reverse-repo operations suddenly find they aren't quite netting each other off, as we have also been warning for years.
We hope not to have to find out, at least not for some time, because the outcome would make the Lehman aftermath seem like a walk in the park.
P.S. The second shooting incident at the Fort Hood, Texas military base is no coincidence.
Fort
Hood is a noted outpost for the training of U.S. Gary Best Inc.
assassins tied to the rogue Israeli Mossad and the Bush-Clinton Crime
Family Syndicate.
Reference:
A majority of the personnel at Fort Hood, Texas military base are under
medication and are trained in Nazi Paperclip NSA mind control
operations designed to attack the American People.
P.S.S. Direct message to neo-Nazi (never elected) right wing Jew Israeli Prime Minister Benjamin Netanyahu.
Stand down NOW, punk!
Netanyahu
is currently blackmailing alleged U.S. President Barack Obama in trying
to gain the release of HIGH TREASON U.S. traitor convicted spy Jonathan
Pollard.
Reference: Pollard is an American citizen born in the United States is
also a tribalistic Jew who sold out his country on the behalf of a
foreign state.
Jonathan
Pollard not only sold U.S. national security secrets to Israel (with
Netanyahu as the bagman) and then sold the same U.S. national security
secrets to the then Soviet Union.
What
was sold to the Soviet Union were U.S. computer codes on a U.S. nuclear
first strike vs the USSR, which now the government of Israel possesses
making the United States Military a guinea pig for Israel's own nuclear
arsenal.
ANNALS OF ESPIONAGE
THE TRAITOR
The case against Jonathan Pollard.
BY SEYMOUR M. HERSH
www.cryptome.org/jya/traitor.
In closing, another direct message to Nazi Jew Netanyahu:
Pollard is going to be executed for his HIGH TREASON endangering the American People.
Note:
Netanyahu was a 9/11 co-conspirator in Nazi George W. BushFRAUD's 9/11
FALSE FLAG BLACK OP aka BushFRAUD's Reichstag fire (Hitler) and now
Netanyahu is directly linked to evidence soon to be released by NSA
whistleblower Edward Snowden to the Bay Point Schools-NSA-Israeli AMDOCS
overthrow of the year 2000 presidential election.
This coup de etat led to the destruction and shredding of the U.S. Constitution.
Accordingly, final message to Nazi Jew Benjamin Netanyahu:
Quit using your Republican Jewish lobby to threaten U.S. Senator Rand Paul, Republican of Kentucky.
You will stop NOW!
Finally,
you will be held accountable for your crimes and treason you committed
against the American People and their Constitution.
