September 11 Commission Report - Gnostic Liberation Front

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okered RPs, GSCC recorded (after the close of business on September 11) $266 billion in transactions that apparently failed to settle.… Continuing connectivity problems prevented GSCC from giving BoNY delivery instructions after the close of business on September 11 and prevented it from acquiring information on activity in its account at BoNY during the day on September 12. Consequently, GSCC recorded $440 billion in settlement fails as of the close of business on September 12.” [When the Back Office Moved to the Front Burner: Settlement Fails in the Treasury Market after 9/11, Michael J. Fleming and Kenneth D. Garbade, FRBNY Economic Policy Review / November 2002, p 46.] Excessive Balances Increasing the Supply of Money On over-riding consideration in the Fed’s management of the aftermath of September 11 th was the concentration in account balances at the Federal Reserve. “It is clear that the concentration in account balances at the Federal Reserve—rising more than fourteen-fold from its normal levels on the days following the terrorist attacks—was a most unusual event…. If a large proportion of the balances in the banking system concentrate in one bank’s account, then other banks will face, all else being equal, higher costs of making payments, or alternatively may face liquidity constraints on their borrowing, which could preclude their submission of further payments.” [Liquidity Effects of the Events of September 11, 2001, James J. McAndrews and Simon M. Potter, Federal Reserve Bank of New York Economic Policy Review, November 2002, p65. ] It may seem a small detail, but note the qualifying statement: “all else being equal.” An alternative explanation could be to move off-balance sheet liabilities to the balance sheet and claim the offsetting claims are in the ruble of the World Trade Center. Chart taken from [Liquidity Effects of the Events of September 11, 2001, James J. McAndrews and Simon M. Potter, Federal Reserve Bank of New York Economic Policy Review, November 2002, p.64.] THE SEPTEMBER 11 COMMISSION REPORT Page 374
A key consideration is the pre-9/11 daily average for this balance: “For commercial banks, these balances consist of either required reserve balances, excess reserve balances, or service-related balances.3 These balances and service-related balances for August 2001 averaged $14.65 billion per day.4 (Liquidity Effects of the Events of September 11, 2001, James J. McAndrews and Simon M. Potter, Federal Reserve Bank of New York Economic Policy Review, November 2002, p.60.) This makes the actual surges due to the attack show a net impact of $352 billion on the account balance over the remainder of the week . Federal Reserve Balance adjusted for normal daily average to reflect true impact of attack. Reported Balance (Billions) Adjusted Balance Due to Attack (Billions of Dollars) September 12 44 29 September 13 104 89 September 14 121 106 September 15 111 96 September 16 46 31 What appears to be the case is that the Federal Reserve imbalances reported on three consecutive days in the aftermath were largely concentrated at the Bank of New York, which is reported to represent over 90% of the imbalance, suggesting the Bank had been the recipient of massive fund transfers, and unable to send out transfers. “At one point during the week after September 11, BoNY publicly reported to be overdue on $100 billion in payments. (Beckett, Paul, and Jathon Sapsford, Rebuilding Wall Street: How Wall Street's Nervous System Caused Pain,Wall Street Journal, September 21,2001)” reported in [Payment System Disruptions and the Federal Reserve Following September 11, 2001, Jeffrey M. Lacker, Federal Reserve Bank of Richmond, Richmond, Virginia, 23219, USA, November 17, 2003 p.6.] This supposedly was due to major communication and system failures. “The crucial government bond processing, for example, had a system in which a second computer was receiving and processing all the data going into the main computer, making it ready to pick up at a moment's notice…. As it turned out, though, even the expensive backup system was unable to get the government bond business up and running smoothly. That is largely because of problems maintaining the communications links that receive information on trades from its customers and report their positions back to them. ''In many cases our backup sites were dealing with our customers' backup sites,'' Mr. Renyi said. And though the bank had established communications lines in advance connecting these various backup centers, they often were of low capacity and typically had not been fully tested and debugged. Even a week after the attack, the Bank of New York was having trouble with some crucial communications links, like its connection to the Government Securities Clearing Corporation, a central part of the government bond market. On several days that week, the bank had to drive computer tapes with its trades to G.S.C.C. offices.” [Wall St. Lifeline Shakes Off Dust, and Critics; Disruptions Put Bank of New York to the Test , Saul Hansell with Riva D. Atlas, New York Times, October 6, 2001] “On September 11, we were able to continue processing, as our funds transfer business unit is in Utica, New York, until the telecommunications lines went down later in the day in lower Manhattan. After THE SEPTEMBER 11 COMMISSION REPORT Page 375
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THE SEPTEMBER 11 COMMISSION REPORT
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CONTENTS List of Illustrations and
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8.1 Federal Reserve and the Elimina
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Figure 3: US Bases and the Afghan P
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A. Israelis have been extensively i
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was a major mover of illegal gold;
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(4) His ability to speak Hebrew; (5
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1. There are between 6,000 and 280,
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4. Documented seismic spike just pr
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(State Department). The German side
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1. the Commission for the first tim
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whose names repeatedly appear: Adna
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Preface This project started with a
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address the ‘loose ends’ in thi
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1 Unmasking the Faces Behind the Te
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sides of the Mossad work together w
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• Why would a fanatical Muslim we
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Prior to being in Iraq, Nick Berg d
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that crashed into the Pentagon on S
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that I would soon be on their hit l
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was a “major failure” in commun
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5. the actual arrest and release of
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the upcoming attacks to Attorney Ge
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lawsuit) context make clear the off
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3 Eugene Armstrong and Jack Hensley
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that provides “technical, logisti
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These small bits of information beg
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of American outrage, and Muslim dis
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with Afghanistan, and secure access
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September the 11th?” Bush replied
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“There were a lot of BCCI documen
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that 2.2 trillion dollars was missi
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of operations was Azerbaijan. (For
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Dick Cheney’s “intelligence blo
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to this region. Kazakhstan is repor
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4.2 Azerbaijan Because of the restr
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“The elections confirmed Ilham Al
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“In 1987, Stephen’s deal [Jacks
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Japanese for a pipeline which would
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"With regard to Chechnya, the main
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Two years later, another historic m
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“In 1996, Abu Hafs relocated to G
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“Three of the alleged hijackers l
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Unocal was not in a position to pro
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switching traffic from the Russian
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“An article in The Nation magazin
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[Profits of Death (A Special FTW Se
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“The Tengiz oil field on Kazakhst
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Giffen and Williams were found guil
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investigations had access to the vi
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• US oil companies in Kazakhstan
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Angola. Unfortunately, while the sw
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anks were part of the same money-la
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5 Russian and Israeli Mafiya Before
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source of the fabricated evidence,
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Target Put Options Table 1 Unclaime
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"Richard Wagner, a data retrieval e
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On the other hand, almost always, i
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During World War II, the two German
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2. seething resentment due to U.S.
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• Board representatives from Thys
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have purchased major ownership posi
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• How is it that Russian, German
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“I got the document here, on the
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6 Destruction of the World Trade Ce
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was to testify in court about her r
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6 Analysis of videotape of the coll
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THE SEPTEMBER 11 COMMISSION REPORT
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Tower Two: Deaths By Company/Floor
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6.1 The Link between the WTC, Illeg
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http://sync.democraticunderground.c
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was used for storing files and evid
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The key matter for consideration an
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frame with concrete floors, the fir
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dollars worth of precious metals we
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7 GOLD TRADING AND MONEY LAUNDERING
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Chairman of the Deutsche Bank Board
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considerable portions of Santa Roma
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protected from Congressional oversi
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The amounts of illegal gold from al
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About the same time Khashoggi and A
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Gold Weight/Value Conversion Chart
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3. Create credibility for the compa
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Munk-SPP became a giant hotel owner
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100, Ellen Himelfarb; Laura Janeshe
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By 2001 Barrick had amassed off-bal
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Accounting Office, was staffed with
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Khashoggi on at least two occasions
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Federal crime or offense. So, under
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8 Gold-Backed Bonds, Cantor Fitzger
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“On August 1, 2001 eSpeed announc
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Curiously, the five Raytheon execut
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March 10 issue of Euromoney magazin
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“response” server. One server s
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New York’s telecommunications pro
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onds. (As an interesting note, at t
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links to the 1991 fraud. It was als
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Understandably, Soros and the Roths
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In addition to suspending rules whi
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coincidence of these two situations
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“Lt. Vreeland gave clues that his
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Congress expressed concern about Ru
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More important than loose cannons l
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What the record shows is that the $
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“Until 1998, Riggs owned a share
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emain quiet. If Ames was exposed in
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a company owned by Bush's former ch
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USACC. The remaining Board of Direc
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gold remains; the vaults are empty,
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Somehow, however, during the next t
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12/16/1991) (It is of interest to n
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“oligarchs.” In doing so, the Y
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events of 9/11, and the decision ta
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of 600 billion rubles made earlier
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“(Soros) has been controlled for
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“Often called a "state within a s
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“It is not the Yeltsin family in
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Berezovsky, a notorious critic of P
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ather influential figure in the Wah
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Again, the report demonstrates that
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story. On the surface of those stor
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9 Bank Cartel or Oil Syndicate - A
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1945. It was redistributed later to
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holding on to financial assets that
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powerful advisor, he was Marc Rich
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“London--Apr 29/99--Germany's Com
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President Carter did initiate a res
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The entire Iran-Contra affair fell
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“Porter Goss was a young CIA offi
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esides criminal activity, is their
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11 Whitehouse Assassins Someone in
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know the cities on the tour, much l
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"The FBI believes Israel has a spy
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“I hereby declare that a state of
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guidance, FEMA was structured to cr
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incoming missile attack had been pl
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hotel overhang. Could Reagan's woun
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was dining with the Bin Ladin famil
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murdered, one-by-one as they were f
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failed, maybe it was decided to let
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It should come as no surprise that
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If indeed it was Stephanowicz that
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ogue bankers? Research has suggeste
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ecame aware of what was going on an
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Africa. Nigeria is considered to be
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• former Israeli Col. Yair Klein
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Pelican Flight Training Center (Pro
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Adnan Khashoggi - is first and fore
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king's brother, who has "no backgro
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security video recording from the p
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there were no occupants on floors 7
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"Montreal, Canada - August 4, 2004
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• Kozeny’s contact at AIG was F
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Some reports have suggested that Ah
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There are relatively reliable sourc
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• his involvement with German int
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scandal. The Bush enterprise was ab
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13 Cover-up: Credibility of the Ame
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According to eyewitnesses, some thr
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An internet search on any or all of
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"Martin then said he was lying low.
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Page 339 and 340: Additionally, another Barrick Board
Page 341 and 342: 14 Policy and Philosophy: Democracy
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Page 347 and 348: “Another advantage of the totalit
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Page 353 and 354: criminals to another channel.) It m
Page 355 and 356: Appendix A: Banking Links with US I
Page 357 and 358: Appendix B: Stratesec Stratesec Inc
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Page 361 and 362: Appendix C: World’s Greatest Trea
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Page 365 and 366: George W Bush, temporarily on the
Page 367 and 368: Notes 1. “Eight metric tons of pl
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Page 371 and 372: Fleming and Kenneth D. Garbade, FRB
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Page 377 and 378: [Liquidity Effects of the Events of
Page 379 and 380: [When the Back Office Moved to the
Page 381: • A key witness who might provide
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September 11 Commission Report - Gnostic Liberation Front

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