Wantagate explodes 1/1/08 (Page 4 of 5)

Sunday, 31 December 2006, 5:57 pm

U.S. TREASURY SECRETARY ARRESTED IN GERMANY

PAULSON AND CHENEY SUBPOENAED BY TRIBUNAL

Saturday 30 December 2006 20:05
U.S. TREASURY SECRETARY HENRY M. PAULSON HAS BEEN ARRESTED IN EUROPE

SENTENCING INFLICTS EXTREME DISGRACE UPON THE UNITED STATES GENERALLY

U.S. TREASURY SECRETARY SEIZED AND BROUGHT BEFORE 'AD HOC' TRIBUNAL IN GERMANY ON A SUBPOENA HANDED OUT BY THE INTERNATIONAL COURT OF JUSTICE [OR 'WORLD COURT'] ON CHARGES OF MONEY-LAUNDERING, NON-PAYMENT OF THE WANTA $4.5 TRILLION AND FOR MISAPPROPRIATION AND/OR DIVERSION OF COLOSSAL $ SUMS.

VICE PRESIDENT CHENEY LIKEWISE AT THE RECEIVING END OF PARALLEL SUBPOENA FOR SIMILAR CRIMINAL OFFENCE(S).

GERMAN AUTHORITIES EXERCISED THE INTERNATIONAL SUBPOENA, BRINGING PAULSON (AND CHENEY) UNDER GERMAN JURISDICTION, GIVEN THAT GERMAN BANKS TRYING TO MAKE THE WANTA PAYMENT WERE TWICE PREVENTED BY MR PAULSON FROM DOING SO. WHEN THIS HAPPENED THE SECOND TIME, PAULSON WAS ARRESTED.

PAULSON CHARGED WITH DIVERSION OF FUNDS AND WITH NON-PERFORMANCE OF WANTA'S $4.5 TRILLION: HE WAS ARRESTED AFTER SEEING MME ANGELA MERKEL, WHO WOULD OTHERWISE BE COMPLICIT IN THE $4.5 TRILLION THEFT (WHICH OF COURSE SHE IS NOT). BUT THAT WAS THE SITUATION.

ARREST CONFIRMED BY SEVEN SOURCES: KEY U.S. TREASURY OFFICIAL ORDERED TO GERMANY, SUBJECTED TO A GAG ORDER, AND INSTRUCTED TO TESTIFY AGAINST HIS OWN U.S. TREASURY SECRETARY. HE HAS BEEN IN GERMANY FOR THE PAST TWO WEEKS, TESTIFYING BEFORE THE TRIBUNAL, STAFF OF THE U.S. CONSULATE AND THE GERMAN ATTORNEY GENERAL (EQUIVALENT) ABOUT THE ENDLESSLY FRUSTRATED ATTEMPTS OF AMBASSADOR WANTA'S CORPORATION, TO OBTAIN RELEASE OF THE FUNDS, AND ABOUT ALLEGED CRIMINAL VIOLATIONS BY PAULSON, GOLDMAN SACHS AND COMPANY, ET AL.

THE U.S. "MAINSTREAM MEDIA" ARE WITHHOLDING THE BIGGEST SCANDAL IN WORLD HISTORY FROM THE MUCH-ABUSED AMERICAN PEOPLE.

By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York: www.worldreports.org. Press CLICK HERE and the ARCHIVE Button on the www.worldreports.org Home Page for Wanta Crisis reports since April 2006. Note: Due to NSA/CIA et al interference, some US users may find they can access worldreports.org directly, without the www. Mostly, www.worldreports.org provides access to our website at once.

US Treasury Secretary Paulson has been arrested by German authorities on a subpoena issued
by the International Court of Justice, and brought before an 'ad hoc' Tribunal accused of money-laundering, misappropriation/diversion of colossal amounts of money, and non-payment/non-performance on the $4.5 trillion Wanta Plan Settlement.

He has been sentenced to severe penalties [see below].

Henry M. Paulson's arrest by German authorities implementing the 'World Court' subpoena, took place on 23rd or 24th of December 2006.

Although we have been 'sitting on' this intelligence since the Christmas weekend, pending further information, we now have very high-level confirmations from both London and Washington, and a total of seven sources for this intelligence.

The basic details are as follows:

1. Records exist confirming that International Court of Justice subpoenas were issued against Henry M. Paulson, the U.S. Secretary of the Treasury, and Vice President Richard Cheney, citing inter alia money-laundering, misappropriation or diversion of colossal amounts of money, and non-performance on the Wanta Plan Settlement funds of $4.5 trillion, subject of www.worldreports.org postings since June 2006. This is an inevitable consequence of the corruption exposed on this website over the Wanta Settlement, for the past six months and more.

2. A senior official within the US Treasury was placed under a gag order and was subpoenaed to travel to Germany to testify against Henry M. Paulson. The official has been in Germany for the past two weeks, testifying before US Consulate and Tribunal officials, and Germany's Attorney General. The subject of his testimony has been the struggle that Ambassador Leo Wanta and his corporate Treasurer, Michael C. Cottrell, M.S., have been having to endure, in order to procure payment of the $4.5 trillion Wanta Plan Settlement signed in May 2006 by the President of the United States, US Supreme Court Judges, and other prominent US parties, and warmly welcomed by the Group of Eight (G-8) countries in July 2006.

He has also been testifying in detail about the ransacking of funds that has been taking place in recent months, and the illegal activity over which Mr Henry M. Paulson has been presiding in this context. Mr Paulson, who has sole signatory power over Wanta's hijacked $4.5 trillion, was previously the Chief Executive Officer of Goldman Sachs and Company, so that his behaviour represents the Grandfather of all US and international financial conflict-of-interest scandals.

3. The official was required to present the Tribunal with the comprehensive data contained within the 'data burst' issued by the US Treasury in November [see our earlier reports], which prove that instead of the 'data burst' providing for the Wanta Settlement payment, the funds were being stolen and secreted offshore.

4. THIS IS THE BIGGEST OFFICIAL FINANCIAL SCANDAL IN AMERICAN AND WORLD HISTORY. THE SUBPOENAED OFFICIALS (HENRY M. PAULSON AND RICHARD CHENEY) NOW HAVE THE FOLLOWING STRAIGHTFORWARD CHOICE:

GO TO JAIL FOR AS MUCH AS 15 YEARS, POSSIBLY LONGER.

RESTORE THE STOLEN FUNDS/PAY THE WANTA $4.5 TRILLION OVER WHICH PAULSON EXERCISES PERSONAL SOLE CONTROL AS PREVIOUSLY REPORTED, AND BE DISMISSED OR STEP DOWN FROM OFFICE. THERE MAY FURTHER BE A PROVISION FOR PAULSON TO BE HELD FOR 12 MONTHS UNDER HOUSE ARREST.

5. AS NOTED BELOW, MR PAULSON DULY MET THE GERMAN CHANCELLOR, ANGELA MERKEL, AS SCHEDULED, ON 21ST DECEMBER, IN BERLIN. HE WAS SUBPOENAED SHORTLY AFTERWARDS [SEE ONE REASON FOR THE TIMING, BELOW], AND WAS THEN ARRESTED IN GERMANY ON 23RD OR 24TH DECEMBER [DATE TO BE CONFIRMED WHEN POSSIBLE].

6. IT WILL BE APPRECIATED THAT MADAME CHANCELLOR WAS LEFT WITH NO CHOICE IN THE MATTER. ANY ATTEMPT ON HER PART (WHICH HAS NEVER BEEN SUGGESTED) TO THWART THE SUPREME WILL OF THE INTERNATIONAL COURT OF JUSTICE'S TRIBUNAL, WOULD HAVE MEANT THAT SHE WOULD HAVE BECOME COMPLICIT IN THE CRIMINAL FINANCIAL OPERATIONS IN QUESTION.

7. THE NUMBERED NOTES GIVEN PROMINENTLY HERE ARE BASED UPON INTELLIGENCE VERIFIED BY A SENIOR BRITISH SOURCE, AND BY A HIGH-LEVEL AMERICAN OFFICIAL WITH KNOWLEDGE OF THE SUBPOENAED U.S. TREASURY OFFICIAL'S SCHEDULE AND TESTIMONY BEFORE THE TRIBUNAL IN GERMANY. THE TWO REPORTS COINCIDE ARE ARE VERIFIED BY OTHER SOURCES.

8. COLLECTIVELY, THESE DEVELOPMENTS REFLECT THE ANXIETY OF THE GROUP OF EIGHT [G-8] COUNTRIES TO STRAIGHTEN OUT THE CATASTROPHIC MESS THAT MR PAULSON ET AL HAVE CREATED, GIVEN THAT THEIR FINANCIAL OPERATIONS HAVE (AS WE PREDICTED) NOW BROUGHT THE INTERNATIONAL FINANCIAL SYSTEM TO THE BRINK OF MELTDOWN.

The rest of this report is just as relevant, but was prepared overnight 29th/30th December 2006, whereas the above numbered notes were incorporated upon receipt of this updated intelligence, at around 4.00pm UK time Saturday 30th December 2006.

The decisions of such an International Tribunal have to be adhered to, in practice, by an American official recipient of its sentencing. The German authorities have jurisdiction here because they exercised the International Court's subpoena. But semantic quibblings over actual jurisdiction are completely irrelevant in this context, because this development is a DARK BLACK STAIN upon the international financial reputation of the United States generally (unfortunately) and especially upon the Bush Administration, which appears to be descending into chaos because of its non-payment and non-performance on the $4.5 trillion.

We have seven separate sources for this information, including one very senior British Central Government source, two British intelligence confirmations, and three high-level well-placed US confirmations that Paulson's arrest took place in recent days.

Since this dramatic development, Paulson has vanished from view.

A stolen sum totalling $4.5 trillion (four and a half trillion American dollars) was held illegally in a suspense account at Citibank’s offices at 399 Park Avenue, New York, USA, at the end of October 2007 and the beginning of November 2007. The money returned to Citibank on the 16th November 2007, having been temporarily concealed at Morgan Stanley.

The USA Treasury Secretary, Henry Paulson, was centrally involved in the administration of this theft. It is said that Paulson cannot now travel to Europe without being arrested, and that at the beginning of December 2007, he was served with a performance warrant in the USA itself (more details below). On Tuesday 20th October 2007, the Chinese authorities had pressed Paulson to instruct release of the $4.5 trillion.

The money originally came from The People's Bank of China in May 2006, at the time when Henry Paulson took over as USA Treasury Secretary in Washington. It was a private transfer of funds from China to an American financier called Lee Wanta of AmeriTrust Groupe. Henry Paulson stole this $4.5 trillion in June 2006.

Also on Tuesday 30th October 2007, the Provost Marshal for the USA (Brigadier General Rodney Johnson), visited Citibank. Everything was set ready for payment of the $4.5 trillion to be made into the AmeriTrust Groupe securities account at Morgan Stanley at the latest by 6.00pm on Wednesday 31st October. This payment was not made.

Citibank and Morgan Stanley are mired in a criminal conspiracy with the USA Treasury and the USA White House which will result in the arrest, in the USA, of William R. Rhodes (Chairman of Citigroup), John Mack (Chairman of Morgan Stanley) and Henry Paulson (USA Treasury Secretary), among many others.

Now that this matter is in the public domain, it is possible that the affair will bring down not just Citibank, Morgan Stanley and their auditors, but also the American Stock Market and the White House.

The $4.5 trillion has become tangled up with banking release procedures to do with the much larger NESARA global prosperity programme shortly to be announced. The $4.5 trillion is referred to in G8 Nation memos as 'The Wanta Plan' funds. In 2007, Queen Elizabeth II of England conferred special diplomatic status upon Lee Wanta and his colleagues.

On Monday 26th February 2007, three Special Forces teams attempted to arrest Vice President Dick Cheney while he was on an aircraft parked on the runway at Sydney International airport (Australia). There was a firefight and three deaths were reported.

On Sunday 4th November 2007, after an emergency board meeting, the chairman and chief executive of Citibank, Charles Prince, resigned. He was replaced as chairman by former USA Treasury Secretary Robert Rubin, and as chief executive by Sir Win Bischoff. The reason given was the recent losses in Citibank's mortgage-backed securities business.

Now relieved of his duties, Charles Prince is a dangerous man. He knows about Citibank's active involvement in the papertrail which used the $4.5 trillion Wanta Plan funds to lubricate off-limits stealth trades. And he knows about the covert Citibank accounting strategies which kept knowledge of the Wanta Plan funds theft from several major shareholders.

On Tuesday 6th November 2007, it was reported that the entire Citibank Board of Directors had been arrested by the USA Provost Marshal. This report was premature. All members of the Citibank Board of Directors will be arrested by the Provost Marshal soon, but this has not yet taken place.

What did happen was that three thousand American banksters, corporate lawyers, accountants and others were taken into custody. It was said at the time that the others included Bill and Hillary Clinton, but not their clones. (More information about the use of human clones in American political management can be found here, here, here, here, here, here, here and here.)

Nine aircraft were filled with handcuffed prisoners. Six of these planes were made available to the USA Provost Marshal at Dulles International Airport (Washington DC). Another aircraft came from the UK and another from Germany. The provenance of the ninth aircraft used is not yet clear.

The prisoners had their passports and mobile telephones confiscated, and after being moved to a military holding area were flown out of the USA to face the due process of international law in Europe and elsewhere. London and Frankfurt were two of the destinations. The miscreants involved are now beyond the reach of Presidential Pardons. The spouses and family members of many of those who have ‘disappeared’ have been turning up at police departments asking for information about their loved ones. The police are reported to be informing such people that the banker or lawyer concerned has been arrested for serious offences but that he’s in good health. The prisoners are now under systematic interrogation in multiple locations. Some of them are talking volubly about instructions received from line-managers above them who have yet to be arrested.

The whole operation is being funded and authorised by the World Court. This is The International Court of Justice based in The Hague (Netherlands). European involvement in what, at surface level, appears to be an American banking problem seems curious. But the Citibank scandal is about international financial fraud. And the USA's historical connections with The British Crown are still legally potent. The British Crown includes the Queen of England, but is much bigger than her. It is a covert financial cartel which embraces the British and European aristocracy, Rothschild bankers and pan-global Jewish finance. Based in the City of London and in the upper echelons of the United Grand Lodge of England (the mother lodge of world freemasonry), The British Crown is sometimes referred to as "The Club of the Isles" or as "The Crown Temple". The foundation documents of international law indicate that the USA is owned by The Crown Temple in London. All American attorneys and judges work for The Crown Temple, whether or not they aware of this technicality. From a modern American point of view, therefore, all USA attorneys and judges are foreign agents and cannot lawfully stand for public office at any level of government. But they do. This is a dog's breakfast of such legal complexity that it makes the Schleswig-Holstein Question look quaint.

A team of British specialist bankers from the UK Citibank HQ in London has flown into New York to take charge of due process at Citibank USA. This will include expediting the release of the $4.5 trillion Wanta Plan funds.

On Monday 5th November 2007, an attempt was made by President George W. Bush to intercept the delivery of papers to the Provost Marshal. The agents sent by the White House were arrested at gunpoint.

Also on Monday 5th November 2007, the USA Provost Marshal, by Court Order, nullified the electronic codes used by the USA Treasury Secretary, Henry Paulson, and took over direct control of the United States Treasury himself.

A senior USA Treasury official, quoted by the Hal Turner Show, said: "This is a financial disaster caused by wilful criminal acts, perpetrated by the highest officials in the U.S. federal government during the course of several Presidencies. This ongoing criminal conspiracy is so terrible, so enormous, so far-reaching, the country may never be able to financially recover. It appears that officials in the Administrations of Bush I, Clinton I & II and Bush II, along with thousands of their closest banker buddies, have stolen upwards of $27 trillion (twenty seven trillion USA dollars) since 1988." Another source states that this $27 trillion was, in fact, stolen during an eight day period up to and including Wednesday 7th November 2007.

In related events in São Paulo, Brazil, on Tuesday 6th November 2007, Brazilian police arrested twenty people, including an employee of UBS, on suspicion of crimes including money laundering, tax evasion and illegal transfer of money overseas. Those arrested included three bank employees - two foreign and one Brazilian - six or seven black market currency traders, and several wealthy private Brazilian citizens. The group had been illegally transferring money overseas at a rate of $4m (four million USA dollars) a month for at least the past six months. The police operation involved 280 federal agents and 44 search warrants.

On Thursday 8th November 2007, the USA State Department said that Lee Wanta was collected in a car at 3.25pm, driven to Morgan Stanley and took economic receipt of his $4.5 trillion Wanta Plan funds. This did not happen. There was no car. Lee Wanta stayed in his hotel room all day. Morgan Stanley blocked every call from Lee Wanta, diverted him to voicemail and failed to respond. Lee Wanta is a major private client of Morgan Stanley. His Morgan Stanley account manager returned no calls.

At that time, the $4.5 trillion Wanta Plan funds were still held at Citibank. Citibank had agreed to pay Lee Wanta $352 billion (three hundred and fifty two billion USA dollars) in interest payments on the $4.5 trillion principal tranche. It is not clear how many of Citibank's major shareholders are aware of this.

On Wednesday 7th and Thursday 8th November, George Bush Snr attempted to interfere with the $4.5 trillion payout. His collaborators both in the USA and abroad have now been arrested. These included six bankers in Germany, one in Switzerland, and three USA Treasury personnel or agents.

It is now thought unlikely that the USA Provost Marshal will be able to safely instruct release of the $4.5 trillion Wanta Plan funds until both George Bush Jnr and George Bush Snr have been arrested.

Early on Saturday 10th November 2007, the $4.5 trillion Wanta Plan funds were transferred from Citigroup to Morgan Stanley. The money was paid into a fictitious account with a name very similar to AmeriTrust Groupe Inc, but subtly different. In this account they could not be accessed by Lee Wanta. Shortly afterwards, Christopher Story, the investigative financial journalist working with Lee Wanta, reported that the $4.5 trillion were transferred out of Morgan Stanley to an undisclosed account elsewhere, thought to be at Bank of America.

It is very possible that the only way, now, that the USA Provost Marshal will be able to effect the final purging of the Augean stables in the USA will be to impose Martial Law for a short period of time in order to round-up the malefactors. It is the USA Provost Marshal who is Commander-in Chief, not the President.

Residing in hotels and diplomatic residences in New York at present are 160 high-status delegates from foreign countries who are waiting to take economic delivery of funds for their own countries which will be released as soon as Lee Wanta receives his $4.5 trillion. They came to New York to receive these monies on Monday 5th November 2007. The fact that they have been kept waiting by American banking fraud has turned the issue into an international crisis. This, rather than Iran, was the main focus of the talks which the German Chancellor Angela Merkel held with George Bush Jnr and George Bush Snr on Saturday 10th November 2007 in Crawford, Texas.

Christopher Story's view was that the USA Treasury Secretary, Henry Paulson, had been trying to blackmail the USA Provost Marshal. In the period Monday 5th November 2007 to Saturday 10th November 2007, Paulson repeatedly disobeyed orders from the Provost Marshal to cease his illegal financial transactions. In effect, the USA Treasury Secretary was saying to the Provost Marshal: "You can't touch me, and you know it. If you arrest me, the stock market and the dollar will collapse, there will be an uncontrollable global crisis, and you will be blamed for it. So go to hell."

George Bush Senior's concealed Latin American bank accounts have now been traced and frozen by the Provost Marshal.

On Sunday 18th November 2007, it was reported that the USA Provost Marshal was allowing himself to be manipulated by the White House conspirators and was only doing half his job. The key task - the release of the $4.5 trillion Wanta Plan funds - would only take twenty seconds. The Provost Marshal was under pressure from his political controllers to stall on this core responsibility in order to buy time for the major conspirators to assemble a cover-up. The USA Army Chief of Staff was poised to file formal charges against The Provost Marshal, Brigadier General Rodney Johnson, because he was in contravention of his oath as a commissioned officer in this matter. Other members of the USA Joint Chiefs of Staff were actively discussing this issue and were ready to urge due process. While quick to arrest many of the middle-ranking conspirators in the banks and the law firms, The Provost Marshal appeared unwilling to confront the major conspirators in any effective manner. (Late note: The Provost Marshal has now been replaced - see below). A large number of extra USA Special Forces personnel were called up for an undisclosed mission related to these events. These Special Forces units will be operational by the end of November 2007. It is likely that they will be involved in making, or supporting, high-level arrests of prominent public figures.

A probable consequence of this Wantagate scandal will be to engulf the Bush II Government in a nexus of investigations into complicity in the 911 mass murders in New York on the 11th September 2001. The cover story here had to do with a couple of hijacked passenger planes getting crashed into the World Trade Centre by Jihadist patsies. This did happen, but the permitted terrorist attacks were smoke and mirrors; subsequent studies have shown that the collisions and their consequential infernos were insufficiently energetic to raze the buildings to the ground. Something else that had been strategically positioned inside the buildings in advance did that. The Bush White House is now being associated with possessing prior executive knowledge of this controlled demolition of the WTC. For more background information about 911, see here, here, here, here and here. Both main political parties in the USA (Republicans and Democrats) have senior figures involved in the 911 cover-ups.

On the morning of Tuesday 20th November 2007, Lee Wanta and Michael Cottrell, Executive Vice President and Treasurer of Lee Wanta's Commonwealth of Virginia-based AmeriTrust Groupe, turned up, as officially instructed, at Citibank's office at 399 Park Avenue, in Midtown Manhattan, to sign the relevant documents to finalise the transfer of the $4.5 trillion Wanta Plan funds to Lee Wanta's corporate securities account with Morgan Stanley, New York. The two men visited the bank after the USA State Department, the USA Federal Reserve and the USA Treasury, had each separately advised, and had subsequently confirmed on Monday 19th November 2007, that the $4.5 trillion was on the books at Citibank.

Upon arrival at 399 Park Avenue on the 20th November 2007, Wanta and Cottrell asked to see William Rhodes, the Chairman of Citibank. They were told that he was away from the bank. They then asked to see William Ferguson and were told that he was not available. Richard Lava, the Securities Chief, and other Citibank officials, stated that Wanta and Cottrell had no business with Citibank.

Faced with this refusal by Citibank to implement the instructions of the USA State Department, the USA Federal Reserve and the USA Treasury, Wanta and Cottrell informed all three official parties, each of which expressed shock at the situation. Wanta and Cottrell then requested the USA Provost Marshal, Brigadier General Rodney Johnson, to come immediately to Citibank to enforce his official legal will and that of the USA State Department, the USA Federal Reserve and the USA Treasury. The USA Provost Marshal did not comply with this request and has now been replaced (see below).

The principal criminal conspirators at Citibank appear now to be William Rhodes, Robert Rubin, William Ferguson, and Richard Lava.

Shortly after the above events on the morning of Tuesday 20th November 2007, Lee Wanta, Michael Cottrell and three international diplomats holding diplomatic passports, were ordered off the Citibank premises by the owner of the building, Boston Properties. The Chief Executive Officer of Boston Properties is Edward Lynde. Armed New York Police Department personnel were summoned by Boston Properties in connection with this eviction. Boston Properties were acting on the instructions of Robert Rubin of Citibank.

It became apparent on Wednesday 21st November 2007 that there had been a major breach of established USA Constitutional practice. Several elements of the Executive Branch of the USA Federal Government were identified to have been dividing up the $1.575 trillion windfall tax payable by Lee Wanta, even though Citibank had blocked its disbursal to Wanta's securities account at Morgan Stanley. The USA Constitution provides for Congress to make appropriations, not the Executive Branch.

Citibank is now the object of a comprehensive Federal investigation. The USA Securities and Exchange Commission Code invoked is STILLPOINT. The investigation is involving more than ten responsible USA Federal agencies, including the Military. This scandal now has the potential to evolve into a full-blown American constitutional crisis which will result in the permanent closure of Citibank, Morgan Stanley and their auditors.

Christopher Story reports that de facto control of Citibank is now in the hands of British authorities representing Queen Elizabeth II of England. Major changes of personnel at the top of Citibank are underway. Four separate monitoring teams equipped with transaction-tracing packages using Inslaw/PROMIS enhanced software are now in place and active. Each of these software packages is capable of tracking financial provenances back for one hundred transactions. The software is at work twenty four hours a day investigating, tracking, tracing and logging the whereabouts of all Lee Wanta's converted, diverted, and stolen funds.

The senior Citibank official who has the authority to finalise the Wanta transfer of $4.5 trillion, and to expedite the agreed interest payment of $352 billion by means of a 60-day aval, is Catherine Weir. The Master Custodial Account involved here was originally set up by Brussels (Europe).

In the internal Citibank civil war which is now raging behind the scenes, the former USA Treasury Secretary, Robert Rubin (who serves the personal financial interests of the Clintons), is actively impeding and compromising the authority of Catherine Weir. Rubin was recently installed as the temporary Chairman of Citibank.

It is understood that on Tuesday 20th November 2007, at a round-table conference in Washington DC, Michael Chertoff, the USA Secretary of Homeland Security, may have been recorded on tape explicitly demanding that Citibank refuse to pay Lee Wanta the $4.5 trillion due to him.

Upstairs at Citibank on 20th November 2007, while Lee Wanta was being evicted downstairs, George Bush Snr was engaged in an operation to transfer the Wanta Plan $4.5 trillion to bank accounts in the Middle East (thought to be in Dubai or Saudi Arabia). He was working on this with Robert Rubin. Immediately afterwards, Rubin flew to the Middle East to take economic receipt of the funds. He failed. The Inslaw/PROMIS software (mentioned above) identified the attempted transaction and the transfer was blocked.

Towards the end of November 2007, three reports from credible sources indicated that the USA Provost Marshal, Brigadier General Rodney Johnson, was dismissed and arrested (or placed under house arrest) at 5.00pm Eastern Standard Time on Tuesday 20th November 2007. The Provost Marshal was found to have been taking unlawful instructions from the USA Vice President, Dick Cheney. The Provost Marshal's Number Two was said to have taken over. The change was made by the USA Department of Defense (Internal Affairs) with International Court of Justice backing and authority. But military sources declined to confirm Johnson's reduced status and some reports indicated that he was still answering his office telephone. In the second week of December 2007, a well-sourced report from inside the banking industry (here) indicated that the USA Provost Marshal, Brigadier General Rodney Johnson, was fired on the afternoon of Thursday 6th December 2007. He had been taking unlawful instructions from both the USA President and the USA Vice President, and substantial bribes from George Bush Senior. His unlawful instructions had been given in the form of USA White House Executive Orders. Over 152 (one hundred and fifty two) different national governments around the world had protested about the Provost Marshal's blocking of Wanta and NESARA committed funds at Citibank and elsewhere. The World Court acted. Brigadier General Rodney Johnson was dismissed from his post as USA Provost Marshal by General George Casey, the USA Army Chief of Staff. In a very unusual measure, the Provost Marshal's telephone numbers have been deleted from all Federal and Military databases while the Wanta/Citibank operation continues. Multiple high-level military personnel are now performing the functions of the Provost Marshal and are operating from a number of different offices and locations.

New ATM machines have been installed all over the USA. This was done during October and November 2007. ATMs are Automated Teller Machines (hole-in-the-wall cash dispensers). The new ATMs have replaced the older machines to accommodate the new global banking system which is being rolled out as part of the NESARA world prosperity programmes. Bank of America will shortly become the new Treasury Bank of the United States and will replace the Federal Reserve Board. The offices and buildings of the Federal Reserve Board will become branches of The USA Treasury. Bank of America now has the clearance and the capacity to operate the high-security grey screen money-wiring system. A new American gold-backed currency, possibly called the Amero, will be introduced. The USA dollar will be abolished. In order to facilitate these changes smoothly, a substantial replacement of senior staff took place at Bank of America in the last two weeks of November 2007.

At 1.12pm on Friday 30th November 2007, President George W. Bush finally decreed that Lee Wanta was to be paid his $4.5 trillion immediately. The USA Treasury Secretary, Henry M. Paulson refused to comply with the President's direction. For some time Paulson had been proclaiming at meetings that he would never pay Lee Wanta. He had also been explicitly stating that: "President Bush cannot sack me."

At this point, Henry Paulson's position became operationally untenable within the USA Central Intelligence Agency (CIA). The CIA changed sides in the dispute and demanded that Paulson procured the $4.5 trillion payment and released it for economic delivery to Lee Wanta. As USA Treasury Secretary, Paulson had sole signatory power in the matter. Henry Paulson refused to sign over the monies.

Further evidence that senior elements within the USA intelligence community had turned against the Bush White House came at the beginning of December 2007. The National Intelligence Estimate entitled: Iran: Nuclear Intentions and Capabilities was aggressively leaked to the mainstream media. The information in this November 2007 document was notified to the USA Government on the 31st October 2007. It stated: "We judge with high confidence that in fall (Autumn) 2003, Tehran halted its nuclear weapons programme ...." This leak was particularly damaging. The Bush White House had been retailing the disinformation that Iran was a nuclear threat to the region. On the basis of this elite-led lie, the USA would have manufactured the pretext for another unnecessary war in the Middle East. Such a conflict would rally war industry stocks, create the environment for further repressive legislation to curtail individual freedoms under the expedient war-on-terror fiction, and support the control ambitions of the White House's Zionist bosses in the region.

A similar manufactured pretext had started the Iraq War in March 2003. Non-existent weapons of mass destruction were said to exist. These weapons were an occult security threat to the American homeland. In the years which followed, it became apparent that the real objectives of the Iraq War were rather different. The aims of the invasion were to stimulate American war-machine business, avoid a stockmarket crash, establish permanent American military bases in Iraq, equip local terrorist insurgencies to undermine Iraqi democratic procedures, get American hands on Iraqi oil, loot and take over the Iraqi Central Bank with its gold, and USA $ derivative papers, and to secure the interdimensional portal at the ancient Sumerian site of Entemenanki (the locality of the ziggurat of Marduk in ancient Babylon). The Iraq war was a covert business venture paid for by the blood of young American soldiers.

Between 3.00pm and 4.00pm Eastern Daylight Time on Friday 30th November 2007, a USA Federal Judge issued a writ for the immediate arrest of Henry Paulson. Several law enforcement and military special forces units scoured Washington DC and New York looking for Paulson who had gone into hiding. They found him at 4.15pm and the USA Treasury Secretary was served with the writ for his arrest. He stated to the law enforcement team who confronted him that he ".... didn’t realise that the President had authorised the Wanta payment’. He then told them that he would immediately order the release of the Wanta Plan funds from Citibank to Morgan Stanley by the Treasury Direct system. On the basis of this verbal undertaking, he was allowed to walk free. The legal instrument served in this case was probably a performance warrant. It was a court order which said: "If you do not take this prescribed action in this amount of time, you will be arrested."

By 10.00pm on Saturday 1st December 2007, no evidence was forthcoming that the $4.5 trillion payment had been made. Paulson's whereabouts were unknown and he was being actively sought by law enforcement teams, DOD Internal Affairs operatives and CIA agents. Paulson, like Robert Rubin, appeared to be on the run. This time the legal instruction was that Paulson was to be arrested if he could not provide immediate concrete documentary proof that the Wanta payment has been made. But a week or so later, both Paulson and Rubin gave every impression of acting freely again, and both were seen in public and at meetings.

At 10.00am Eastern Daylight Time on Saturday 1st December 2007, the new Basle II Global Banking System was activated. This was a core NESARA preliminary. Under the Basle II system no off-balance sheet financial operations are permitted. Every transaction must take place on-balance sheet. All banks, everywhere in the world, are required to adhere to this new rule, and others, if they are to continue trading. The major USA money centre banks came into compliance with Basle II at 2.00pm on Tuesday 4th December 2007. However, for technical accounting reasons related to Basle II, it is possible that American banks such as Citibank, Bank of America, Wachovia and JPMorganChase may very soon be bankrupt if the $4.5 trillion Wanta Plan funds are not promptly released to Lee Wanta. The Citibank Board of Directors held an emergency meeting in New York on Monday 10th and Tuesday 11th December 2007 to confront this difficulty.

On Tuesday 11th December 2007, the Citibank Board of Directors appointed Sir Win Bischoff to be their new Chairman. He replaced Robert Rubin. They also appointed Vikram Pandit to be their new Chief Executive Officer. He replaced Charles Prince. Bischoff was British; Pandit was Indian. Neither man had any experience in consumer banking. And Pandit had never before run a large public company of any kind. Robert Rubin returned to his old position as Chairman of the Citibank Executive Committee. These deckchairs were shifted less than an hour before a scheduled meeting with law enforcement agents. At this meeting the Citibank Board were presented with documentary evidence of the existence, at Citibank, of a series of illegal secret accounts holding colossal sums of money. The beneficiaries were said to include George Bush Snr, George Bush Jnr, Dick Cheney, Henry Paulson, Bill Clinton and Hillary Clinton. Some Directors were unaware of the existence of these accounts, and anger was expressed. Vikram Pandit said that everything would be done to resolve the Wanta Plan funds problem very quickly, and that steps would be taken to effect the $4.5 trillion Wanta payment on Wednesday 12th December 2007. This was not done. The USA Treasury blocked the transaction. Legal papers from a Federal Judge were presented to the Citibank Board which made it clear that they must implement the Wanta Settlement payment or Citibank and its assets would be seized.

On Tuesday 11th December 2007, George Bush Snr was again detected trying to steal the Wanta funds and other monies. His intention was to transfer the funds to Bank of America, for onward transfer to Dubai and/or Abu Dhabi. The stolen funds were to have been split three ways between George Bush Snr himself, Bank of America and Iran. The assumption here was that the Bush circle had been funding Iran's support of the Al-Qaeda terrorist insurgency in Iraq. The missing monies were recovered within the space of two hours. Law enforcement agents informed George Bush Snr that if he attempted such a theft again, he would be shot dead on the spot. That this physical threat was explicitly made has been confirmed by four separate inside sources. Quite why such a Wild West approach was adopted when documentary evidence was conveniently at hand to substantiate an arrest is not clear.

During the second week of December 2007, it became apparent that warring factions within Israeli intelligence were beginning to interfere in due process at Citibank. Robert Rubin received a death-threat from one Israeli group who wanted the Wanta Plan Funds released to Lee Wanta without further delay. Post-Basle II, certain Israeli banks were on the verge of collapse if the Wanta logjam was not broken very soon. Meanwhile, another Israeli intelligence faction was also issuing death threats to Robert Rubin if he did release the Wanta Plan Funds. In December 2007, Zionist control of the USA executive was becoming ragged and scattershot. Rubin was reported to have passed on the Israeli threats to various senior colleagues at Citibank and the USA Treasury.

At 9.15am on Wednesday 19th December 2007, in Washington DC, a major fire broke out in the Eisenhower Executive Office building, located near the West Wing of the White House. The epicentre of the flames was on the second floor in the vicinity of Vice President Dick Cheney's ceremonial office. Firefighters entered the building to tackle the blaze and were seen breaking windows and removing furniture. The entire building was evacuated, including those parts well away from the fire. The Eisenhower Executive Office accommodates many of the President's senior military and security staff. The White House itself was not evacuated. No injuries were reported. Dick Cheney was safely in his West Wing office at the time. The incident carried the unmistakable hallmark of BlackOps arson. Which papers and computers associated with the Citibank scandal, if any, were destroyed in the conflagration remains to be seen. The carefully-targeted fire looked like a classic intelligence operation frightener, or a diversionary exercise to remove data. Against this, a Russian security source stated that there had been a firefight in the building between a USA military unit and a team of Secret Service Agents assigned to protect Dick Cheney. During the exchange of fire, a substantial explosion took place. A US Marine was seen to smash a fifth-floor window and had to be rescued from the ledge outside.

A third account stated that Dick Cheney had his ceremonial offices wired to act as a parallel White House. A duplicate and unlawful Emergency Alert System (EAS) was in place. The EAS is designed to enable the President of the United States to initiate an Emergency Action Notification (EAN). Here the President speaks to the people of the United States via all media links within 10 minutes of anything major happening - such as a real or fake alien invasion, or a tactical decision to impose martial law and close down public information flows and due-process media and legal scrutiny. The EAS has never been used. The fire/firefight in the Eisenhower Executive Office building destroyed Dick Cheney's parallel EAS. Subsequent security and health and safety inspections were likely to catalogue the existence of this illegal wiring.

On Friday 21st December 2007, it was reported that George Bush Snr and former President Bill Clinton had been blackmailing USA President George Bush Jnr in connection with the Citibank scandal. Also on Friday 21st December 2007, the $4.5 trillion Wanta Plan funds were transferred out of Citibank to Morgan Stanley. Morgan Stanley then illegally refused to accept the funds. Lee Wanta's securities account for AmeriTrust Groupe had existed with Morgan Stanley, New York, since August 2006.

On Saturday 22nd December 2007, three senior USA administration officials were arrested and flown to The International Court of Justice in The Hague (Netherlands).

By the end of December 2007, forensic attention was shifting towards Citibank's auditors. How would they continue to rubber-stamp the concealment of the now-public hidden accounts at Citibank? Inside reports indicated that there were at least 1600 (one thousand six hundred) of these off-balance sheet slush fund accounts. These were being used to make illegal payments to lawyers, politicians and military personnel to retain their compliance in delaying the release of the Wanta Plan monies. The executive signatories to these accounts were said to be Robert Rubin and Anna Escobedo Cabral (Treasurer of the USA). These two individuals had a two-hour meeting on Friday 14th December 2007 which started at 12 noon. They each signed papers to release monies to the 1600 slush fund beneficiaries. In addition, there is another related tranche of money referred to as the Clinton/Burkle funds which is being held off-shore in the Cayman Islands. Exactly when this was transacted through Citibank is unclear. Given this increasingly public profile of due diligence at Citibank, it was being asked whether the Citibank auditors, for the first time, might be obliged to decline signing off the company's year-end and fourth quarter papers.

In the days before Christmas 2007, inside sources let it be known that one reason why the USA Treasury Secretary, Henry Paulson, was still in post was that nobody could be found to replace him.

Towards the end of December 2007, George Bush Snr was arrested and held in custody for at least three days. He could no longer trade, move money or access his major bank and brokerage accounts worldwide.

The 43rd President of the United States of America, George Bush Jnr, spent Christmas Day 2007 at Camp David (Maryland, USA). On returning home to his ranch in Crawford, Texas, he found a severed horse's head in his bed. The horse's head was well known to George Bush. It was severed from one of his most cherished horses, worth an estimated $350,000. At 3.04am on Thursday 27th December 2007, George Bush Jnr's childhood home in Odessa, Texas, (now a museum) was set on fire by an arsonist. It appeared that the Chinese Secret Society described by Benjamin Fulford was beginning to leave its calling cards. More details here, here and here. An alternative security reading was that the horse's head, at least, was placed in the President’s bed on the instructions of Russian intelligence. Russia, like China, is one of the major countries which wants immediate release of The Wanta Plan Funds and the NESARA global prosperity funds. George Bush Snr, George Bush Jnr and Henry Paulson had been obstructing these disbursements.

At the end of December 2007, Kommersant News Service and Komsomoskaya Pravda (a Russian intelligence outlet) reported that three Armenians armed with knives, pistols and a sabre were detained on Sunday 23rd December 2007 near the residence of the Russian President Vladimir Putin in Novo-Ogarevo. Under interrogation, the Armenians revealed that they were paid mercenaries of British MI5. They had in their possession travel documents linking them to a recent visit to the Vatican where, they said, they had been paid more than one million USA dollars for their mission to assassinate the Russian President.

On or around Friday 28th December 2007, Henry Paulson, the USA Treasury Secretary, was shot at close range in the chest, by an assassin. He was reported to be in a critical condition. On Tuesday 1st January 2008, Paulson was still alive, but with the bullet still lodged in his chest. He was too weak to be operated upon. Henry Paulson died on Wednesday 2nd January 2008. During 2007, Paulson had illegally conveyed substantial sums of money to Israel. Like the American CIA, the Israeli intelligence community was in a state of internal civil war as to how best to manage the Citibank / Wanta / NESARA affair.

At this stage, the Bush White House was said to be preparing an attempt to represent Henry Paulson's assassination as a heart attack. Other heart attacks were expected.

On Thursday 3rd January 2008, President George Bush Jnr was confronted verbally with the death of Henry Paulson at a meeting.

"That's a lie," Bush responded.

"Well, produce him."

"I can't, he's sick."

"Yes, dead men are usually sick before they die."

"Can you produce the five Cheney assistants who have been shot?"

"No."

The word in Washington DC was that Henry Paulson had been quietly cremated in an attempt to conceal the nature of his injuries and the manner of his death. More details here. And more details about the Henry Paulson assassination and the PsyOps background to its public management by the USA Executive Branch can be found here (09.01.08).

On various occasions during the last week of December 2007 and the first two weeks of January 2008, the USA State Department and USA Treasury Compliance confirmed Henry Paulson's shooting.

A complicating factor for PsyOps analysts was that three of the Camp David George Bush Jnr clones were in active play at this time: Bush 41, Bush 42 and Bush 43. American clone-handlers took one or two of these mannekens to the Middle East for the USA State visit to Israel in the second week of January 2008. The other(s) remained in the USA. Follow the DNA. It's there in the lavatories, the handkerchiefs, the discarded nasal tissues, the cosmetics applicators, the bedroom dust, the cutlery, the drinking glasses and the coffee cups.

In the second week of January 2008, the whereabouts of Henry Paulson's Number Two, Robert Kimmitt, the USA Deputy Treasury Secretary, began to be questioned. Has anyone seen him recently? Pictures here and here. Or did he, too, forget to duck? More information please.

Late note: Henry Paulson was assassinated by a Russian special operations unit, whose security colleagues had also put the severed horse's head in George Bush's bed at Crawford. By the weekend of 5th / 6th January 2008, the Bush White House had taken a tactical decision to pretend that Henry Paulson was not dead, and to prosecute this pretence in the media. A combination of library video footage, computer-generated imagery, holographic projection techniques, Paulson clones, and an articulate financial lookalike called Edward Lazear would be used to sustain the fiction of Henry Paulson's continued public presence.

One of the five Cheney assistants who were assassinated met his death on Saturday 29th December 2007. He was in his mid-forties and was a close aide of the American Vice President. The aide was shot at close range in the chest, and died. More details here.

It was reported that a list of 127 (one hundred and twenty seven) senior people in the USA had been targeted for assassination. Ben Bernanke, Chairman of the Federal Reserve Board, and Michael Chertoff, Secretary of Homeland Security were said to feature towards the top of that list. A second, separate, list of assassination targets applicable to European perpetrators of financial theft was also said to exist.

Late on Monday 7th January 2008, USA President George Bush Jnr made a final attempt to block the NESARA world prosperity programme disbursements. In response, on Tuesday 8th January 2008, the Global Basel II Banking authorities, China and other nations and international bodies, ordered the closing and lock down of all USA banks which had signed onto the new Basel II Global Banking system. Citibank was ordered to pay the $4.5 trillion Wanta Plan funds to Lee Wanta on Tuesday 8th January 2008 or be permanently closed down at midnight on Tuesday 8th January 2008. Robert Rubin of Citibank attempted to manufacture further delays, but was eventually instructed by President George Bush Jnr to pay the Wanta Plan funds rather than have Citibank destroyed.

Also on Tuesday 8th January 2008, USA President George Bush Jnr was informed that he would not be able to access his personal stolen funds in Israel, Dubai and two other Middle East locations. To engineer access to these accounts was the primary purpose of his projected trip to the region that week. The trillions of dollars of personal stolen funds referred to here were mostly held in Henry Paulson's name in Israel and in Laura Bush's name in Dubai.Various USA prisons and other military holding facilities are being emptied of deportable Mexican residents and others. It is said that this is being done to make room for the expected new intake of long-term financial corruption prisoners who will be filling up American jails as a consequence of the Citibank Wanta Plan funds theft.

Charts of Citigroup's recent share price movements can be found here or here. Morgan Stanley's recent share price movements can be seen here or here. The USA dollar's recent history can be viewed here or here. And Gold price movements can be found here or here.

Sources: Cyberspaceorbit.com here (Civil Action document dated 11.06.07 and Court stamped 20.06.07 - Petition for a Writ of Mandamus and Other Extraordinary Relief: Lee Wanta v. Henry Paulson and others, plus exhibits of germane correspondence - 65 page pdf file); Christopher Story's Global Analysis reports here (01.11.07), here (06.11.07), here (09.11.07), here (11.11.07), here (13.11.07), here (15.11.07), here (18.11.07), here (20.11.07), here (21.11.07), here (22.11.07), here (26.11.07), here (28.11.07), here (29.11.07), here (02.12.07), here (07.12.07), here (08.12.07), here (10.12.07), here (13.12.07), here (19.12.07), here (26.12.07), here (02.01.08) and here (09.01.08); Casper Updates here (06.11.07), here (09.11.07), here (16.11.07), here (17.11.07), here (24.11.07), here (25.11.07), here (29.11.07), here (05.12.07), here (06.12.07a), here (06.12.07b), here (07.12.07), here (08.12.07), here (09.12.07), here (15.12.07), here (16.12.07), here (19.12.07), here (21.12.07), here (30.12.07), here (03.01.08), here (04.01.08) and here (08.01.08); The Hal Turner Show (06.11.07); FourWinds10.com here (07.11.07), here (16.11.07), here (23.11.07), here (12.12.07) and here (20.12.07); The Financial Times (London 07.11.07); The San Francisco Chronicle (USA) here (09.12.07); Associated Press here (12.12.07); Business Week here (12.12.07); BBC (London) here (20.12.07); Breitbart.com here (19.12.07), WhatDoesItMean.com here (20.12.07) and Zeta Talk here (20.12.07).

Citigroup's $9.8bn sub-prime loss
Logo of Citigroup's main brand, Citibank
Citigroup invested heavily in sub-prime mortgage debt
US banking giant Citigroup has reported a $9.83bn (£5bn) net loss for the last three months of 2007.

Chief executive Vikram Pandit said the loss had been caused by a $18.1bn exposure to bad mortgage debt and was "clearly unacceptable".

The company, the largest banking group in the US, said revenues during the fourth quarter fell 70% from a year earlier to $7.2bn.

Mr Pandit has pledged to turn around Citigroup's fortunes.

'Tight control'

It was also announced that Citigroup is going to get a cash injection of $6.88bn from Singapore government investment agency GIC.

   
CITIGROUP
Citibank was founded in 1812 in New York
It has 200 million customer accounts in 100 countries
More than 300,000 employees
$2.4 trillion in assets
Sources: Citigroup, Reuters

This follows a similar $7.5bn investment in Citigroup from another government agency, the Abu Dhabi Investment Authority, last November.

The firm also said that it would be cutting its dividend for the quarter by 41%, from 54 cents to 32 per share, as well as raising $14.5bn by selling securities, which includes the investment from GIC.

Citigroup chief executive Vikram Pandit
Mr Pandit faces a tough job in turning around Citigroup's fortunes

"We have begun to take actions to ensure that Citi is well positioned to compete and win across our franchises while effectively keeping a tight control over our business risks," said Mr Pandit.

Mr Pandit took up the top job at Citigroup only last month, following the departure of his predecessor, Charles Prince.

Mr Prince resigned in November after the full extent of Citigroup's sub-prime mortgage losses began to emerge.

'Credit woes'

The sub-prime market is focused on providing loans to those with limited or poor credit histories.

   
MAIN SUB-PRIME LOSSES SO FAR
Citigroup: $18bn
UBS: $13.5bn
Morgan Stanley $9.4bn
Merrill Lynch: $8bn
HSBC: $3.4bn
Bear Stearns: $3.2bn
Deutsche Bank: $3.2bn
Bank of America: $3bn
Barclays: $2.6bn
Royal Bank of Scotland: $2.6bn
Freddie Mac: $2bn
Credit Suisse: $1bn
Wachovia: $1.1bn
IKB: $2.6bn
Paribas: $439m
Source: Company reports

Timeline: How the sub-prime crisis unfolded

During the US housing boom, this market expanded significantly. But a series of interest rate rises over two years meant many sub-prime borrowers could no longer afford their monthly payments, causing them to default on loans.

Citigroup is far from alone in being hit by bad debt, but its write-off is by far the biggest announced by any bank to date.

Analysts generally welcomed the results, as the $18.1bn bad debt write down was less than market expectations of $20bn.

However, analysts had mixed views on what message cutting the dividend and selling securities sent to the market.

"It does nothing to send any signal that we are anyway near the end of the road that we've been going along for the past seven months, in the overall credit market woes," said Howard Wheeldon, senior strategist at BGC partners.

Despite press reports that Citigroup would announce more than 20,000 job losses, none have so far been revealed.
http://news.bbc.co.uk/2/hi/business/7188909.stm

http://www.forbes.com/business/2008/01/ … 5citi.html

It Takes A Village To Fix Citigroup
by Liz Moyer   

Sandy Weill and a host of other investors join forces to save the megabank.

On Tuesday Citigroup (nyse: C - news - people ) disclosed the biggest quarterly loss in its history, $9.8 billion, after writing down another $17.4 billion in subprime securities and recording $4 billion in additional reserves and current credit losses in its massive consumer-lending operations.

Citi cut its dividend 41% and said it had arranged a $12.5 billion capital infusion from a collection of private investors.

Among them: Sanford I. Weill, the former chief executive who merged his Travelers Group with Citicorp in 1998 to form the global colossus. His attempt to salvage the company comes as his dream of building a global financial supermarket that can sell a vast array of financial products to individuals and corporations alike is unraveling.

In addition to Weill and his family foundation, the other private placement investors include Prince Alwaleed Bin Talal, the Saudi billionaire who helped rescue Citicorp by investing during its last big real estate lending crisis in 1990, Capital Research Global Investors, Capital World Investors, the Kuwait Investment Authority and New Jersey's division of investment.

Singapore's government investment fund is kicking in more than half of the private placement, committing to $6.8 billion. This comes two months after the bank got $7.5 billion by selling a stake to Abu Dhabi's investment fund.

Citi is also selling $2 billion in convertible preferred shares to the public, bringing its total capital raising plan to $14.5 billion.

Of course Citi is not the only bank out there raising fresh capital to replenish stores depleted by massive write-downs in holdings of mortgage-related securities. Merrill Lynch (nyse: MER - news - people ) on Tuesday said it was getting another $6.6 billion from a group including the Korean Investment Corp., the Kuwait Investment Authority and Mizuho Corporate Bank. This comes after a Christmas Eve infusion of $5 billion from Singapore's Temasek Holdings and $1.2 billion from Davis Selected Advisors.

UBS (nyse: UBS - news - people ), Bear Stearns (nyse: BSC - news - people ), and Morgan Stanley (nyse: MS - news - people ) have also been raising capital from outside investors.

But Citi has been the hardest hit by the subprime meltdown, and it appears the trouble is not over. The bank is only writing down its portfolio of troubled collateralized debt obligations by 30%, from $55 billion to $36 billion, opening the possibility that further write-downs will come as the assets deteriorate. Gary Crittenden, the chief financial officer, said the bank used its own models to value the assets.

With all the losses and write-downs, Citi's crucial tier one capital ratio dipped to 7.1%, still more than a full percentage point over where regulators deem a bank "well capitalized" but below the bank's own 7.5% benchmark. With the second infusion of capital, the ratio rises to 8.2%.

"There is no doubt we're in the midst of a very challenging environment," said Vikram Pandit, the new chief executive promoted from within the company in December to fix the mess. "We are working as hard as we can."

Pandit is firing 4,200 workers, on top of the 17,000 job cuts that came last year, and is still looking at all the operations for chances to cut costs (i.e., make more job cuts) and get out of "non-core" businesses.

In a sense, he is fixing the problems created by Weill, who went on a tear of mergers during the 1990s as he built first the struggling Baltimore lender, Commercial Credit, then Travelers, then Citigroup. Those deals created the global bank with offices in more than 100 countries, but it also created a sprawling, seemingly out of control giant.

Charles Prince inherited the poorly integrated conglomerate in 2003 and never managed to rein in cost growth or get a handle on risk management. He was ousted last November.

An alarming trend in Tuesday's earnings report is the significant increase in consumer credit costs, and this at just the beginning of what many believe will be a rough year for consumer lenders as problems in the mortgage sector spread into auto loans and credit cards.

Just last week, big card lenders American Express (nyse: AXP - news - people ) and Capital One (nyse: COF - news - people ) said they saw rising costs and delinquencies. Sovereign Bancorp (nyse: SOV - news - people ), a Northeast regional lender, said Monday it would take $1.6 billion in fourth-quarter charges and shut down its auto lending division.

Citi said its domestic consumer-lending business swung to a $1.2 billion loss in the latest quarter from a $484 million profit a year ago. Consumer businesses made up two-thirds of the bank's 2007 revenues of $81 billion. Any sharp pullback in lending to consumers (Crittenden acknowledged that standards had tightened) and rising losses from loans already outstanding don't bode well.

Proving once again that technology can only do so much to jazz up a boring presentation, a holographic version of Prince Charles recently delivered a pre-recorded speech on the environment to an Abu Dhabi audience, and no one seems interested enough to have taken a photo. Using only a single camera and projector, technicians from British firm Musion were able to employ a century-old trick known as "Pepper's ghost" to record the Prince of Wales speak at Highgrove last year and then rebroadcast the performance as a way to congratulate the Middle Eastern country on its plans to build a zero carbon city. Environmentalists note that this method reduces the amount of fuel wasted on transporting celebrities around the world, although until a critical mass of venues have installed the necessary equipment and personnel on site, it would seem that hauling the system's entire support staff and infrastructure around isn't really doing all that much to cut down on emissions.
http://www.engadget.com/2008/01/22/prin … es-to-bor/