WALL STREET, JEWISH / ISRAELI ETHICS, AND THE WORLD OF FUND RAISING

Wall Street

Wall Street

Among the economic fields in which Jews today are especially visible is investment banking — “Wall Street,” including interconnected networks of lawyers and other legal and economic manipulators stretching deeply into Hollywood and the mass media. Since the 1800s the “Old Crowd” of German-Jewish banking families (the Seligmans, Lehmans, Goldmans, Sachs, Warburgs, Schiffs, Loebs, et al) had predominated the field; a “New Crowd” of Jews has in recent decades taken their place. After World War II, melodramatically note Judith Ehrlich and Barry Rehfeld, “economic power in America and Wall Street was shifting … Fresh faces came forward as if answering a call … They were the children and grandchildren of Italian, Irish, Poles, and other Europeans who were not of Anglo-Saxon ancestry. But most of all they were Jews.” [EHRLICH, p. 12] This is not to suggest of course that the seminal Jewish American investment firms are today inconsequential. Far from it. In 1999, for instance, Goldman, Sachs and Co. stretched across the world to become the “single largest and controlling shareholder of South Korea’s largest bank, Kookmin. [BLOOMBERG NEWS, p. 11]

“In the world of high finance,” observed Gerald Krefetz, “Jewish interest is concerned with investment banking, a broad catchall for activities ranging from tendering advice to underwriting securities. The heart of investment banking is public offerings and private placements, the risking of capital — sometimes ones’ own, but more often other peoples’ — to finance new companies, or expand old ones.” [KREFETZ, p. 54] The nature of Wall Street entrepreneurship might well be presumed in the title of a 1986 volume by Ken Auletta: Greed and Glory on Wall Street: the Fall of the House of Lehman, or Martin Meyer’s Nightmare on Wall Street: Salomon Brothers and the Corruption of the Marketplace (1993). Both Lehman and Solomon are Jewish-founded firms.

A French Jewish commentator, Bernard Lazare, noted Jewish propensities in high finance in the late 1800s:

“The man of the lower middle class, the small tradesman at whom
speculation has probably ruined has much clearer ideas of why he
is an anti-Semite. He knows that reckless speculation [by financiers],
with its attendant panics, has been his bane, and for him, the most
formidable jugglers of capital, the most dangerous speculators, are the
Jews; which, indeed, is very true.” [LAZARE, B., p. 173]

Finance, investment banking, brokerage, and commodities are the speediest ways (short of outright crime) to get rich in America; by 1988 the stock and bond market and linked economic activities totaled 12 trillion dollars a year (six times the value of the assets of Fortune’s top 500 companies). “Where the money went,” note Ehrlich and Rehfeld, “and what happened to it were greatly influenced by Wall Street power brokers.” [EHRLICH, p. 19] Corporate mergers, acquisitions, and takeovers have become an especially lucrative field. “By the 1980s, says Ehrlich and Rehfeld, “along with [Gentile] T. Boone Pickens, and a few others … the [Jewish] New Crowd was at the very core of the mergers and acquisitions field.” [EHRLICH, p. 15]…. [This circle of money men] bought luxurious homes, expensive art, high-priced foreign cars, designer clothes and jewelry; they hosted or appeared at the right parties.” [EHRLICH, p. 16] … The old WASP establishment had seen its wealth eroded by changing tax laws and inflation … arriviste Jews began to appear on the boards of such time-honored WASP institutions as the Museum of Art, the Metropolitan Opera, and the New York Public Library.” [EHRLICH, p. 5] … The New Crowd broke the stranglehold of the Establishment WASP bankers and [older Jewish] Our Crowd competitors … and extended profit centers to newer financial activities such as block trading, risk arbitrage, a wide range of retail securities products, financial futures, listed trading of options, and junk bond financing that helped companies expand and made almost every company vulnerable to a takeover, a leveraged buyout that restructured corporate entities and raised critical debt levels.” [EHRLICH, p. 394]

In the 1970s, “hostile turnovers,” notes James Stewart, “bore an unsavory taint. They generated bad feelings, especially toward those who represented the attackers. This sometimes alienated other clients. Much of the WASP investment banks and loan firms preferred to leave such work to the other firms, many of them Jewish.” [STEWART, p. 25] “Various techniques and instruments were used in the Wall Street boom of the 1980s,” says Norman Cantor, “but the most consequential — and lucrative was the floating ‘junk’ (low grade) bond to provide capital for involuntary takeovers of one company by another … Fiscal critic Benjamin Stein [sees] the junk bond device as a huge fraudulent Ponzi scheme generating temporary money pools that could be looted by ruthless investment bankers and corporate executives and their overcompensated lawyers.” [CANTOR, p. 402]

William Leach traces the influence that those in investment banking have had in shaping America, both economically and in influencing the nation’s values:

“The growth of investment banking and mass consumption industries
were (and still are) closely related developments … Bankers assisted in
undermining the competitive ethos by directing business interest toward
concentration and easy economic fixers. They helped local monopolies
become major national ‘players’ almost instantaneously. Banker-inspired
megalomania reinforces an already clear pattern in the economy away from
‘making goods’ to ‘making money.'” [LEACH, p. 275]

There is a long list of Jewish entrepreneurs on Wall Street who, as a group, have been influential in literally changing the American economic system. Sanford I. Weill, for instance, “amassed a brokerage empire and eventually became President of American Express;” he was later “recognized as one of the most powerful Jewish businessmen in the nation.” [EHRLICH, p. 13] John Gutfreund rose to become the chairman of Solomon, Inc., “one of the most powerful securities firms in the western world.” Felix Rohatyn “perhaps more than any other, was linked with the flood of massive corporate combinations that reshaped American business for much of the past three decades.” [EHRLICH, p. 14] Sanford C. Bernstein & Co., valued at around $3.5 billion and with assets of $90 billion, is “one of the biggest closely held U.S. money managers.” It manages $55 billion “for institutions, such as pension funds, endowments and foundations, and $35 billion for wealthy individuals.” [BLOOMBERG NEWS, INTL HERALD, p. 10]

Other influential Jewish Wall Street ‘players’ (financiers, lenders, borrowers, advisers, lawyers, et al) in recent years have included Alan Greenberg, Ira Harris, Bruce Wasserstein, Jerome Kohlberg, Henry Kravis, Peter Cohen, Joseph Flom, Martin Lipton, Victor Posner (“a onetime Baltimore slumlord” [FORBES, p. 45] who was indicted in 1982 for $1.25 million in income tax evasion and filing false tax returns [BRENNER, p. 72]), [Posner is “the flamboyantly wealthy Miami Beach financier [who has] been discredited as one of the most unprincipled and destructive modern corporate raiders.” [BIANCO, A., 1991, p. 31], Nelson Peltz, the Belzbergs, and many others. Alan Greenberg is the head of Bear Stearns, Stephen Schwarzman founded the Blackstone Group, a prominent investing firm. Well-known traditional Jewish investment banking houses include Lehman Brothers, Lazard Freres, Goldman Sachs, Salomon Brothers, Bache & Co., and Cantor/Fitzgerald. [SILBIGER, S., 2000, p. 78-79] “Jews took the lead in the ’60s,” notes Jewish business author Steven Silbiger, “with new investment banking techniques that helped introduce a conglomeration craze by using multipurpose holding companies … The concentration of Jewish-owned securities firms created well-paying employment opportunities at all levels of the securities industry: securities analysts; portfolio managers; and stock, bond and futures traders; brokers and deal-makers. Among the equity holders of the Jewish investment banking and trading firms on Wall Street are hundreds of Jewish millionaires. Upward mobility based on merit and high salaries has made working on Wall Street a Jewish-friendly career choice … Although exact figures for the numbers of Jews are not available, they no doubt have a leading and disproportionate role on Wall Street.” [SILBIGER, S., 2000, p. 78-80]

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Israel deports American academic

Israel has refused entry to the controversial Jewish American academic and UN envoy, Richard Falk who once compared Israel’s treatment of Palestinians to the Nazis’ treatment of Jews.

Falk flew into Tel Aviv on Sunday night and spent the night at Ben Gurion airport before he was deported this morning.

Earlier this year, when the Princeton University professor of international law was appointed as the UN’s special rapporteur in the Palestinian territories, Israel said it would deny him entry because in 2007 he said the Jewish nation’s blockade on the Palestinian coastal territory of Gaza was a “Holocaust in the making”.

In June this year, Israel allowed Falk to enter in a personal capacity to attend a conference in Ramallah in the occupied West Bank.

Israel defended its decision to deport Falk, saying he had used his personal visit in June to write an official UN report and because of his “shameful comparisons to the Holocaust”.

flag_israel_nazi

Israel also objects to the UN’s special rapporteur mandate which aims to document only the Jewish state’s abuses of Palestinian human rights. It does not include Palestinian abuses of Israeli human rights.

It’s the third time this year that Israel has barred a high-profile critic from entering.

In May, it deported Norman Finkelstein, a controversial Jewish American academic who has accused Israel of using the Holocaust to justify its actions against the Palestinians. Israel also refused Nobel peace laureate the Archbishop Desmond Tutu entry while on a UN fact-finding mission in Gaza the same month.

Toni O’Loughlin in Jerusalem –  guardian.co.uk

Sayyed Nasrallah: Qintar, Brothers to Return Very Soon

Hezbollah commemorated the eighth anniversary of the Resistance and Liberation Day in a huge central festival in Beirut’s southern suburb.
 

lebanese protest


Hundreds of thousands of people flocked from across Lebanon into the Raya playground in the Sfeir region. Representatives of President Michel Suleiman and House Speaker Nabih Berri attended the festival alongside diplomatic, political, religious and Hezbollah figures also took part in the annual event.
 
Waiving yellow Hezbollah flags, people chanted Lebanese and Hezbollah anthems and challenged US-sponsored allegations that Hezbollah’s popular base has diminished.
 
Hezbollah Secretary General Sayyed Hasan Nasrallah appeared on a huge screen amid cheers and pledges of allegiance. 
 
Sayyed Nasrallah began his speech with praising the martyrs, particularly former Hezbollah Secretary General Sayyed Abbas Mussawi, Shekh Ragheb Harb and Hajj Imad Moghniyyeh.
 
“Our eighth anniversary coincides with the 60th anniversary of usurping Palestine and the establishment of the oppressive entity. It also coincides with the 30th anniversary of the 1978 Israeli invasion to south Lebanon. Hence this is a time to contemplate and draw lessons whether in Lebanon or in the Arab and Israeli worlds.”
 
Sayyed Nasrallah said that the resistance has served as an example and a strategy in two areas: “There is a strategy for liberation and removing the occupation, and a strategy of defending the homeland and people in the face of aggressiveness, threats and an invasion…This is our message today to Lebanon and the Arab and Islamic worlds; it’s a joint message by the resistance in Lebanon, Palestine and Iraq to the whole nation. When Israel invaded south Lebanon in 1978, UNSC resolution 425 was issued, we waited for its implementation and we bargained on the international community. In Lebanon, there were suggestions that a united Arab strategy be formed to confront the aggression. None of this happened, neither by the international community nor by Arab governments that had abandoned the choice of confrontation.
Imam Mussa Sadr here in Lebanon had established the choice of resistance with the help of southerners and of course trust in Almighty Allah.”
 
The Hezbollah chief elaborated saying that the consequences of the wrong choices saw Israel deeming Lebanon a weak state and invaded it in 1982, “thus creating a second Arab Nakba (Catastrophe).
“The Lebanese were divided into: a neutral group, a second unconcerned group, a third group of cheap collaborators, a fourth group that had intersecting interests with the Israelis, a fifth already defeated group that was looking forward to cooperate with the occupation on any level in the framework of cutting losses, a sixth group that, politically and through the media, rejects occupation and a seventh group that believes that its national, religious and moral obligation is to take up arms and liberate the country regardless of the price; this is the group of the resistance.”
 
Sayyed Nasrallah stressed such division resulted in a lack of consensus on the resistance.
“I tell anyone whose country is under occupation: Don’t wait for consensus…take up your arms and head to liberation. This is what happened in Lebanon. The resistance that constituted a part of the Lebanese people depended on its will and the strength of its fighters in the battlefield. The Arab and Islamic worlds should have helped them, but many of these governments lagged behind, however Syria and Iran spearheaded the countries that assisted the resistance and consequently the historic victory in 2000; a clear victory for Lebanon, the resistance, the Arabs and the Umma. It was also a clear defeat to Israel and its “from-Euphrates-to-Nile- Rivers” scheme in the region. The strategy of liberation adopted by the resistance was successful while the strategy of negotiations failed to gain back an inch of Lebanese land and the strategy of wait-and-see was making the enemy stronger.”  
 
The Secretary General set other examples.
“In 1948, the Palestinians were waiting in vain for their Arab brethren to form a unified Arab strategy or for the international community to act. The Palestinian resistance was the reason why the world woke up to the fact that there is a Palestinian cause. Every achievement was the achievement of the resistance. The big achievement was in blockaded Gaza where the resistance managed to defeat the occupation and forced it to withdraw unconditionally. “The Gaza Strip is fighting Israel just as we did. The strategy of resistance succeeded in Lebanon and will succeed in Gaza too.
In occupied Iraq, there are those who believe in resistance and others in politics…Today, you must take the decisive position. The resistance has been dealing severe blows to the US occupation army. Iraq is called to follow the strategy of the resistance.”
 
Sayyed Nasrallah added that Hezbollah has also presented a defensive pattern. “Israeli judge Winograd wondered in his report how a few thousand men defeated Israel and withstood week of fighting. Your steadfastness, the blood of your martyrs and the resistance have decreased the possibility of war in the region between Israel and Iran or Israel and Syria. I tell whoever is bargaining on a US or Israeli strike on Lebanon, we fought in 2006 and we will fight in any coming war…I tell (US President George W.) Bush and (US Secretary of State) Condoleezza Rice, who spoke of Hezbollah’s defeat, that as long as Hezbollah relies on Allah and his people, you are the ones who will be defeated,” he stated.
 
His eminence called on this occasion all Arab people to reconsider the resistance’s strategy of defense and liberation. “In Lebanon, we talk about defense. What we need now is a liberation strategy for the Shebaa Farms, Kafarshouba Farms and the detainees in Israeli jails. The prisoners are our commitment and Samir Kuntar  and his brothers will soon return to Lebanon.”
 
“On the 25th of May 2000, I stood in Bint Jbeil and declared this a victory for all the Lebanese, the Palestinians and the whole Umma. I said that what we did was our duty and we don’t ask for anything in return. We called upon the authorities to take their responsibilities in all of the country. We did not prosecute the collaborators and we had no armed appearance. We asked them to take care of south Lebanon and the deprived regions like Baalbek and Hermel. We did not ask for reshaping the regime or the Taef Accord. We did not ask for anything. They argue that the resistance in France laid down its arms after liberation. I tell them that throughout history, every victorious resistance in every country took the reins of power, but we did not ask for that. I renew my position today: we do not want to share power in Lebanon and we don’t want to rule the country or impose our thoughts on the people,” his eminence stressed.
“They speak of a coup and bringing back Syria into Lebanon. They also said that Hezbollah is fighting for the sake of Iran’s nuclear program. When the “government” revoked its two black decisions the opposition proved in Doha that it does not want to monopolize power and did not raise the ceiling of demands. We went there to save Lebanon from sedition and (David) Welch’s) hot summer. We did not employ what happened recently in politicas and we did not ask for political gains. Isn’t this enough for those who accuse us of dreaming of power and authority? From the pride Dahiyeh, I renew my call for a national partnership where there is no victor and no vanquished…Hezbollah does not want power over Lebanon, nor does it want to control Lebanon or govern the country for we believe that Lebanon is a special, pluralistic country. The existence of this country only comes about through coexistence, and this is what we are demanding,” he said.
 
“I am in front of two options: Either I explain what happened before the two black decision were taken, and I don’t wish to do that, or I delay discussing the matter, and this is not fair. But I choose to delay the discussion, however I say that there are deep wounds on both sides, so either we irritate the wounds or we swathe them. I suggest the second option. We should draw lessons. Let us postpone this until the wounds are healed and a new phase in the country begins,” Sayyed Nasrallah said.
 
His eminence thanked Arabs, especially Qatar, the Arab Ministerial Committee, Syria and Iran, and everyone who contributed in making the Doha Agreement that ended the Lebanese crisis a concrete reality.
 
On the arms of the resistance, Sayyed Nasrallah said:  “I today reaffirm the Doha agreement clause that precludes the use of arms to attain political goals. When we go to discussion, we will discuss this. The resistance’s arms are to fight the enemy, liberate lands and prisoners, and defend Lebanon – and for nothing else. The government’s arms, or the army and armed forces, is also to defend the nation, the people and their rights, the government, and to maintain security. The government’s arms cannot be used to settle accounts with a political opposition team. The government’s arms cannot be used for foreign projects that prevent Lebanon from facing Israel. The government’s arms cannot be used to nail the resistance and its arms. All arms must remain at the service of the goal they were created for.”
 
The Hezbollah chief stressed the electoral law that has been reached gives better representation that previous ones, and particularly the 2000 law.
“We do not claim that this is the ideal law. This is a law that we all agreed on to bring Lebanon out of the crisis. We hope that a time would come when the Lebanese discuss an up-to-date electoral law to build a state. Those who do not want to build a state are unveiled when they approach the issue of the electoral law,” his eminence said.
 
Sayyed Nasrallah also said that the election of General Michel Suleiman as President renews hope among the Lebanese for a new stage. The presidential oath we heard Sunday reflects the spirit of agreement President Suleiman had promised. What Lebanon needs is agreement, participation and cooperation.
“When I addressed you in the Riyad el-Soloh Square and promise you victory again, I did not mean the victory of one group on the other, I meant the formation of a national unity government; the  victory of May 25, 2000, as well as the victory of July 2006, and the accomplishment in Doha. I promise that the opposition’s representation in the government will not be limited to Hezbollah, Amal and the Change and Reform bloc. We will give other opposition parties shares – and unfortunately we must speak of shares – even if it is at the expense of Hezbollah’s shares.”
 
Sayyed Nasrallah called on “party of former Prime Minister Martyr Rafiq Hariri” to benefit from “the experience of this great man (Rafiq Hariri). ” Whoever is loyal to the martyred Premier must preserve his loyalty. We do not want monopoly or alliance; what we want is cooperation and participation as widely as possible.
 
“There are many names to be thanked today and I apologize for not naming them. It’s a long list, and I thank them for their courageous stances. We thank the Sunni leaderships in Lebanon and the Islamic world because they thwarted the US project which sought to portray any struggle as a sectarian struggle. We thank the Druze leadership for their courageous, wise stances … for their refused to define the struggle as a Shiite-Druze struggle. We thank the Christian leadership that stressed the struggle was political, not confessional. We have lost 14 martyrs whom we are proud of, and there are martyrs from the Lebanese Brigades to Resist the Occupation, the Amal Movement , the Syrian Social Nationalist Party, the Democratic Party and other opposition loyalists from all religions. We are proud of all these martyrs. We feel the pain of the victims of the other team as well. The comfort to the families of both sides is that the blood of their children saved Lebanon from the dark tunnel. We the martyrs, for they have put Lebanon before a new summer and a new phase. From our beloved Beirut to the Mount Lebanon, from the South to every area in Lebanon, you have the love and appreciation of the resistance on the anniversary of the liberation of Lebanon,” Sayyed Nasrallah concluded.

Source

 

Hezbollah Could Have Seized Power If It Wanted

Once again, the Zionist entity closely watches the ongoing political crisis in Lebanon and gives its own analysis. 

hizbollah
 
Hezbollah proved last week that it is the strongest force in Lebanon and could have seized power if it had wanted to, Israel’s military intelligence chief said in remarks published on Thursday.
 
“Hezbollah did not intend to take control… If it had wanted to, it could have done it,” Major General Amos Yadlin said in an interview with the Israeli daily Haaretz.
 
Lebanon was rocked last week by the worst violence since the end of the 1975-1990 civil war between the Lebanese national opposition and the ruling bloc’s militias. But Yadlin said Hezbollah did not want to follow the example of the Palestinian Islamic movement Hamas, which seized power in the Gaza Strip in June by ousting the forces of Palestinian president Mahmud Abbas.
 
Hezbollah, a movement formed after Israel’s large-scale invasion of Lebanon in 1982, “understands that if it took power it would have to assume responsibility and expose its numerous weak points,” he said.
 
“Hezbollah proved that it was the strongest power in Lebanon… stronger than the Lebanese army.” He said Hezbollah, which is backed by Iran and Syria, continued to pose a “significant” threat to Israel as its rockets could reach a large part of Israeli territory.

source

 

A Glaring Preventive Tactic

 

The Lebanese resistance fighters’ actions purifying the capitol from para-military fighters and connected to Walid Jumblatt and the 14th of March Political Movement was Hizbollah’s second preventive strike against the complicated Ameircan-Israeli plans against Hizbollah. The public force of the resistance lead by Hizbollah surprised the hands that were at work after suspicious activity was seen and before it was too late for them to do anything. Capturing 800 para-military fighters made the plan of acting against the resistance from inside Beirut until the Mediterranean Sea unpractical. Some other actions that the popular resistance was able to do in 24 hours were blocking all roads leading to the airport, stopping the activities of some television, radio, and newspaper outlets (such as Al-Mustaqbal and al-Sharq). This confused the enemies’ plots. These measures occurred hours after Hizbollah’s Secretary-General’s speech and news conference where he laid it all out for the opposition who is in authority. The authorities who operate by Saudi Arabian money and who are representatives of America and Israel in Lebanon tried to destroy Hizbollah’s political, informational, and security strength in a few moves. If they were successful they would have been the groundwork for implementing America’s stratedgy of crippling Hizbollah.

 

beirut

 

About three months after Hajj Imad Mughniyeh’s, Hizbollah’s high commander, assassination which has been said to have been carried out by Jumblatt’s and Saudi Arabian security forces helped by Israeli spy agents, many accusations have been made against Hizbollah by Walid Jumblatt and newspapers connected to the 14th of March Political Movement. They tried to put public pressure on Hizbollah to disarm themselves. They claimed that Hizbollah, with the cooperation of Wafiq Shaqir (the head Beirut’s airport security), put video cameras around the airport in order to be able to control political figures movement and possible carry out assassinations. Another accusation was that Hizbollah overhears governmental phone conversations with their own phone system. The Siniora government, which is itself an illegal government, made a move by firing Shaqir and planned to cut Hizbollah’s phone system – which is a successful informational tool and one of the factor’s behind their victory in the 33-Day-War. Add this to the addition of American warships in Lebanese waters and the leakage of the American-Israeli plan to bomb Beirut and assassinate the leaders of the resistance including Sayyid Hassan Nasrullah.

 

Hizbollah is known in Beirut to be exclusive and because of this the authorities thought that they would be successful in a cold-war against them. They thought that they would be destroyed without war and without bloodshed. But, Hizbollah’s sudden move purifying Beirut and taking control of the country, which will probably end in Siniora’s resignation, shows that Sayyid Hassan Nasrullah and his people have completely surprised their enemies. Just as they did 2 years ago in the summer – shook up Israeli’s plans of a huge attack on Lebanon – they did it again now.

 

Sayyid Hassan Nasrullah once again showed that he is an ancestor of Ali bin Abi Talib (a)!

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