Reply #60: 1990 when he was a DA. Backes send him all the information [View All]

[DrDebug]

Ernes Backes is one of the two authors who wrote Revelation$ and he was a banker at Clearstream. He knew that Guiliani was investigating BCCI and Clearstream was a part of the overall scheme. Nothing ever happened to that documentation.

There is an immense story at wikipedia already and that is just scratching the surface of what Clearstream is

http://en.wikipedia.org/wiki/Clearstream

The concept behind Clearstream is that all transactions on the Deutsche Börse (German stock exchange) gets cleared at Clearstream which is a Luxembourg clearinghouse. So annually they handle 50.0 million transactions worth € 7.593 trillion (yes, that's trillion). The trick was as follows: There are secret accounts and those accounts got mixed with the trillions which pass through Clearstream. The amount of money laundered that way is unknown but many billions pass are cleaned that way. The scale of Clearstream is immense.

We know that it was part of the overall BCCI network which after the collapse of BBCI just continued. Ernest Backes said that he transfered $7,000,000 to Iran after October Surprise, so that is how long that system has been in operation.

The exact connection from Clearstream to the US banks and the CIA is unknown, however Deutsche Börse's main owner is Deutsche Bank and the US CEO of Deutsche Bank is Buzzy Krongard who also happens to be Executive Director of the Central Intelligence Agency (isn't that a conflict of interest?) So ironically the #3 guy at Deutsche Bank (who is the main owner of Clearstream) is also the #3 at the CIA. So there are interesting unexplored sides to Clearstream.

And the other point is what other clearing houses are there. Because Euroclearing appears dubious as well and it is easy to launder billions in trillion money stream.

P.S. The Pentagon and Clearstream are the only known organizations who made trillion dollar accounting errors...