Greek Banker Gets 8 Years

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Editor’s Comment: 

This former chief of Aspis was convicted of having the unmitigated temerity to forge and fabricate documents. Of course this guy only forged a handful of documents and only created a few documents out of whole cloth. He apparently had not read the Wall Street playbook all the way through — where they have each act committed by a person or company that doesn’t know anything or at least can claim “plausible deniability.” Wall Street causes hundreds of thousands of documents to be forged, fabricated, robosigned and misrepresented in court every day. But here we leave them (Jamie Dimon) on the Board of the NY Federal Reserve which essentially sets all standards in the Federal Reserve system.

8 years. If we multiply the size of the crime, Dimon and others should collectively get around 8 million years of jail, which could, if we changed the law, include his progeny after additional human evolution had taken place. Where is your outrage?

Former Greek Bank Chief Jailed in Anti-Fraud Drive

(Reuters) – A former bank chief was sentenced to eight years jail on Monday for fraud and forgery, court officials said, the first major conviction resulting from an anti-corruption drive ahead of a parliamentary election on Sunday. An Athens court convicted Pavlos Psomiadis, former chief of small banking and insurance group Aspis, on charges of forging documents to keep his business afloat.

Corruption and cronyism are endemic in Greece. But no politician or senior businessman had been convicted in recent years, fuelling popular frustration with mainstream parties that pledge to uphold the debt-laden country’s international bailout and remain in the euro zone.

“He was found guilty of fraud and forgery,” a court official said. The conviction stemmed from a forged letter of credit for over 550 million euros ($729 million) that Psomiadis submitted to regulators in 2009.

Aspis was one of the first business groups to fall prey to the country’s economic crisis. T-bank (AMBr.AT), a small lender that emerged from the wreckage of the group, was nationalized late last year under the terms of the country’s EU/IMF bailout.

Monday’s decision was the latest in a string of judicial moves as angry voters turn to smaller parties to punish the main conservatives and socialists whom they blame for the economic crisis and chronic corruption.

Earlier in April, a former defense minister was jailed pending trial on money laundering and bribery charges.

Last month, a Greek prosecutor filed felony charges against a prominent banker over a financial scandal that led to the EU/IMF-funded nationalization of small lender Proton Bank (PRBr.AT).

11 Responses

  1. @Shelley,

    “People need to see whos side this senator is on. It is very obvious. The people need to know whom to vote out of office.”

    What/who are you alluding to?

  2. People need to see whos side this senator is on. It is very obvious. The people need to know whom to vote out of office.

  3. Nope wont let me post the Seattle protestor doc.

  4. Now I tried to repost but it says it is a duplicate but nothing on the site. So I will wait and see if it post.

  5. I have tried to post a comment two times now and have not had it post. This is a test.

  6. OK guys… This is coming from one of those “fringe” websites (seriously. Doesn’t get any more fringe than that) but it has a really nice ring to it. So, I shall post it as is and let you decide if schizophrenia/paranoia is such a bad thing after all. And who knows… maybe it’s true? Now, wouldn’t that be grand? One thing is sure: I shall sleep like a baby and have very, very nice dreams of jailed bankers, candy canes and sugar plums. 🙂

    And it refers to something I’ve read and hard of a few times: a gigantic lawsuit filed by some guy named Keenan against over a thousand financial institutions in some NY district court. Too pooped today to research it (with all that walking and picketing) but I’ll check it out tomorrow. That would be something else too. Enough to keep thousands and thousands of lawyers busy till they retire…

    Tnharry wouldn’t understand…

    http://www.ashtarcommandcrew.net/forum/topics/wilcock-s-latest-arrest-warrants-liens-filed-against-g7-central?page=1&commentId=2859786%3AComment%3A1553186&x=1#2859786Comment1553186

    All Discussions My Discussions Add . Wilcock’s Latest: ARREST WARRANTS: Liens Filed Against G7 Central Banks – 5/1/12Posted by LAF on May 1, 2012 at 10:45pm in Alternative Media, World Events & News View Discussions .David Wilcock – May 1, 2012

    Arrest warrants have now been issued against the international branches of the Federal Reserve — the European Central Banks, BIS, Germany, France, Netherlands, Belgium, Italy and Japan.

    MAJOR CHANGES ABOUT TO HAPPEN

    It is terrifying to discover that the world is being run by psychopaths — who want to see billions of people die.

    Many people can’t even face it. Their mind just shuts down — and they often attack the messenger.

    Nonetheless, no corrupt regime has ever survived the light of full public exposure. Our current situation is no different.

    There is abundant evidence that this group is real — and will soon be defeated. Major changes are about to happen in the world.

    Indeed, a small group of international bankers have seized control of the planet and its resources. Their plan has been in place for 300 years, and was followed with ruthless efficiency.

    The difficulty of unseating this group is extreme, due to their penetration into all aspects of our society — including the media, the government and the judiciary.

    Nonetheless, it appears that they are about to be overthrown by an international coalition of 138 nations — who have banded together to end Financial Tyranny.

    I NEVER EXPECTED PERSONAL INVOLVEMENT

    Benjamin Fulford, the former East-West bureau chief for Forbes Magazine, had been discussing this for some time — and although I had interviewed him four or five times, that was the full extent of my involvement.

    Last November, the long-awaited lawsuit finally appeared online. It was filed in the Southern District Court of New York.

    I actually went in and attacked the original lawsuit — tenaciously. I made some salient criticisms. My critique manifested within a few days of when it was released.

    Much to my surprise, I was directly contacted by Neil Keenan, who had filed the lawsuit on behalf of the alliance. Keenan gave me an incredible body of supporting data to study. Much of it had not yet been released.

    I took that data, including never-before-seen photographs, and conducted a massive investigation. The final results were published as Financial Tyranny on this website, divinecosmos.com.

    My conclusion was that this story is very real indeed — and mass arrests are being planned. Trusted insiders gave me astonishing details of how thorough and far-reaching this plan really is.
    ..

    Read more: http://www.ashtarcommandcrew.net/forum/topics/wilcock-s-latest-arrest-warrants-liens-filed-against-g7-central?page=1&commentId=2859786%3AComment%3A1553186&x=1#2859786Comment1553186#ixzz1tgQnpSr1

  7. “Corruption and cronyism are endemic in Greece. But no politician or senior businessman had been convicted in recent years, fuelling popular frustration with mainstream parties that pledge to uphold the debt-laden country’s international bailout…”

    Are they taking about us?

    “Earlier in April, a former defense minister was jailed pending trial on money laundering and bribery charges.

    Last month, a Greek prosecutor filed felony charges against a prominent banker over a financial scandal that led to the EU/IMF-funded nationalization of small lender Proton Bank (PRBr.AT)”

    AAAH! Greece. The cradle of democracy. I’ve been saying for a long time that it will be straightened out. With or without us. Apparently, i was onto something… Must have been the celestial army of the galactical white knights speaking to me at night…

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