THE MORNING SHOW
Former World Bank Attorney Blows the Whistle on the World Bank
In 2007 Karen warned the US Treasury Department and US Congress that the US would lose its right to appoint the President of the World Bank if the current American President of the World Bank did not play by the rules. The 66 year old Gentlemen’s Agreement that Europe would appoint the Managing Director of the IMF and US would appoint the World Bank President ended in 2010http://www.imf.org/external/np/cm/2010/042510.htm
In 1999 Karen reported the corrupt take-over of the second largest bank in the Philippines. Lucio Tan, a crony of Joseph Estrada, then President of the Philippines, acquired stock owned by government employees in Philippines National Bank (“PNB”) valued more than 10% of PNB’s outstanding capital without disclosure, as required by Philippines securities laws. Tan owned Philippines Airlines, in default on its loans from PNB. The government of the Philippines loaned $493 million to PNB after PNB’s depositors made heavy withdrawals. $200 million of a loan from the World Bank and a $200 million loan from Japan were cancelled. Estrada was ultimately impeached, and in 2007 an anti-corruption court in the Philippines required Estrada to refund graft he had plundered.(Read More)
-Ferdinand Marcos and the gold stored in the Philippines : What is this gold intended to do?
-The story behind Yamashitas gold
-Where is the gold? And who are the beneficiaries?
-Why was the World Bank and IMF set up in 1944?
-Why Karen was fired from the World Bank
-How does JFKs assassination figure in to the story?
-What terrible things has the World Bank been doing?
-Gold currency will soon be all over the world, but it will not be a one world currency, Karen explains
and so much more!
karen hudes and the world’s gold, july 21, 2014