You are here
Who is Bernard Madoff?
|Written by Christopher Bollyn|
|Friday, 12 December 2008|
Three Atrocities of Ehud Olmert
Palestinian rescue workers help wounded prisoners after the criminal terror bombing of Gaza's main police compound and prison. Photo - Majed Hamdan/Associated Press
1. The criminal terror attacks on Gaza
"Israel is committing a shocking series of atrocities by using modern weaponry against a defenceless population - attacking a population that has been enduring a severe blockade for many months."
In what are clearly major war crimes, the Israeli state, headed by Ehud Olmert, has repeatedly bombed the defenseless civilian population of the Gaza Strip striking police stations, mosques, refugee camps, and the Islamic University -- killing hundreds of civilians.
Israel has staged more than 750 air raids on the civilian population of the very small and densely populated Gaza Strip since launching "Operation Cast Lead" on December 27. At least 442 Palestinians have been killed - including 75 children - and 2,290 wounded, according to hospital sources in Gaza on January 3. Hundreds of the wounded are critically injured and unable to receive adequate medical care in the besieged Gaza Strip. Israel has kept the Gaza Strip virtually sealed since Hamas came to power in June 2007, an illegal Zionist tactic that has prevented much needed food and medical supplies from reaching the population of 1.5 million, which is on the verge of starvation.
Bombing a defenseless civilian population that has been blockaded for more than two years and which is physically prevented from leaving the Gaza Strip is clearly a war crime of a genocidal nature. This heinous war crime is carried out with U.S.-supplied weapons and with the active support of the U.S. government. Only four Israelis have reportedly lost their lives due to rockets fired from Gaza while more than 2,700 Palestinians have been killed or injured. This outrageous and excessive use of force by Israel, which is accepted by the criminal Bush administration, is a perfect example why the U.S. government is utterly despised throughout the Arab and Muslim world.
U.N. ambassadors, for example, met January 1 in emergency session to consider a draft resolution calling for an immediate cease-fire in Gaza. The United States indicated the resolution "wasn't balanced enough," according to the United Press International, as if calling for a halt to the on-going Israeli criminal aggression against the defenseless and besieged people of Gaza needs to be balanced with a quid-pro-quo from the Palestinian side. How outrageous.
The Israelis have carried out similar massacres and bombings of Gaza and the West Bank for many years without any significant protest or meaningful action from Western or Arab leaders. The Zionist state has clearly become an utterly criminal state that considers itself above the law. The hard-core Zionist regime kills thousands with impunity committing crimes that make the villains of the former Yugoslavia and Iraq seem like Cub Scouts. But who will stop it?
Israeli Foreign Minister Tzipi Livni, in France on January 1, said that the air strikes have affected most of what she called the "infrastructure of terrorism" in Gaza. It is quite clear, however, that the most destructive "infrastructure of terrorism" that needs to be removed is the Zionist criminal network based in Tel Aviv. Livni's father, it should be noted, was the chief of operations for the terrorist Irgun in the 1940s. She certainly knows all about terrorism.
Why is the wholesale slaughter of the besieged Palestinians of Gaza any less of a war crime than the shelling of the people of Sarajevo in the former Yugoslavia; an assault which NATO responded to with massive force? Who in the West will call for bombing strikes of Tel Aviv and Herzliya to stop the Israeli criminal regime as they did against Serbia, Afghanistan, Somalia, and Iraq? How can it be justified for the international community to use force to stop war crimes in Yugoslavia, for example, and prosecute those alleged to be responsible for atrocities, while it does absolutely nothing about 6 decades of egregious Zionist war crimes?
Ehud Olmert, then mayor of Jerusalem, is a partner in crime with the Zionist lease-holders of the World Trade Center, the Israeli Frank Lowy and his New York-based partner Larry Silverstein. Olmert, as deputy prime minister to Ariel Sharon, even made an unannounced and secret visit to New York City on September 10-11, 2001 -- on the eve of the terror attacks -- a visit that I discovered and have written extensively about, but which no other journalist has ever even discussed! How can the U.S. media be so completely lame to investigate the evidence? The American media and law enforcement agencies refuse to investigate the massive amount of evidence that Israel was involved in the worst terror attack in U.S. history. So, who will investigate 9-11? Who will prosecute the guilty terrorists in Israeli military intelligence agencies?
Jacob Ezra Merkin (right) is one of the key Zionist players in the Madoff $50 billion fraud, the latest chapter of the $2 Trillion Zionist Rip-Off. His Israeli-American family is one of the founding families of Israel. His father Hermann was one of the first directors of Israel Discount Bank. His cousin is married to Uri Lupoliansky, the former deputy mayor of Jerusalem -- who served under the notorious criminals Ariel Sharon and Ehud Olmert (center). The Federal Reserve and U.S. government are completely controlled by Zionist money and gangsters like Rahm Emanuel. Who will stop the wholesale looting of the U.S. Treasury by the Zionist criminals, when the Zionists are in control of the U.S. government?
(More information about Merkin is in the following article on Bernie Madoff's absconding with $50 billion. I will be adding greatly to the Merkin-Israel connection in the coming days. All updates will be contained in this article.)
* * *
FRAUDSTER'S PARTNERS ARE TIED TO SENIOR ISRAELI CRIMINALS AND ISRAEL'S NOTORIOUS MONEY-LAUNDERING BANK IN NEW YORK - SO, WHERE DID THE MONEY GO?
By Christopher Bollyn
"It's all just one big lie."
Fraudster Bernard L. Madoff was national treasurer of the American Jewish Congress and Yeshiva University (YU). His business partner at YU was Sy Syms, the long-standing director of the notorious Israel Discount Bank of New York, a bank charged for laundering tens of billions of dollars in 2005. So where did the $50 billion go? The evidence suggests that a large amount of money went to the Zionist criminal network headed by Ehud Olmert and his cronies.
Three years ago, Bernard Madoff's partner in crime Jacob Ezra Merkin (right) bought Israel's Bank Leumi from the Israeli government headed by Ariel Sharon and then finance minister Ehud Olmert. In January 2007, Israeli State Prosecutor Eran Shendar ordered police to begin a criminal investigation into Prime Minister Ehud Olmert, on suspicion of having influenced the sale of a controlling stake in Bank Leumi. In the Leumi case, Olmert is suspected of having tried to throw the tender to his friend, Australian real estate magnate Frank Lowy, who was a partner with Larry Silverstein and co-lease-holder of the World Trade Center on 9-11.
JACOB EZRA MERKIN - MADOFF'S "GOLDEN BOY"
Jacob Ezra Merkin is one of the key players of the multi-billion dollar criminal fraud carried out by Bernerd Madoff. He is known as the chairman of GMAC, the financial service branch of General Motors and as the general partner of Gabriel Capital LP, a $5 billion family of hedge funds. He has also been the head of the Ariel Fund, based in the Cayman Islands, and a managing partner of Gotham Capital. Merkin secretly diverted vast amounts of money to Madoff's "Ponzi" scheme or pyramid operation. He was seen as "the Golden Boy controlling the Golden Goose."
Merkin and Madoff served together on the board of Yeshiva University, where Merkin was chair of the investment committee and Madoff was treasurer and chair of the Sy Syms School of Business. Merkin invested Yeshiva University money into Madoff's operation. Both quit when the scandal broke. YU has tried to erase their names from its website.
Merkin's cousin Michal is married to Uri Lupoliansky, the former deputy mayor of Jerusalem under Ehud Olmert. Lupoliansky became mayor after Olmert in 2003. Merkin's family is connected to the highest levels of the Israeli government through his mother, Ursula, who immigrated to Palestine in 1933 with her father Isaac Breuer. His father, Gerson Isaak Hermann Merkin, was a fur-trading German Jew who lived in London and New York during the 1930's, years before Hitler invaded Poland, and who became a U.S. intelligence/counter-intelligence agent in 1940 -- 4 years before even becoming a U.S. citizen. (His biographies all say that he fled from the Nazis, of course.) Hermann made a fortune with the Overseas Shipholding Group (OSG) headed by the Israeli Raphael Recanati, and was a director of the Israel Discount Bank in New York.
Merkin's $500 million check seen above was for the controlling shares in Bank Leumi. The check is made out to the State of Israel and is being paid by Barnea Investments B.V. ("Barnea"). Barnea, the "preferred bidder" was incorporated in the Netherlands, and is a wholly owned subsidiary of Barnea S.A.R.L., which was incorporated in Luxembourg, and which is held jointly and indirectly by Stephen Feinberg (chairman of Cerberus, the owner of Chrysler) and Ezra Merkin (chairman of the now bailed-out GMAC), through the Cerberus and Gabriel private investment fund groups controlled by Feinberg and Merkin respectively. I suspect that Stephen Feinberg is another Mossad-run criminal operator.
STEPHEN FEINBERG'S SECRET - HE RUNS ARMY FACILITIES IN IRAQ & AFGHANISTAN
“We try to hide religiously. If anyone at Cerberus has his picture in the paper and a picture of his apartment, we will do more than fire that person. We will kill him. The jail sentence will be worth it.”
- Stephen A. Feinberg on his business "philosophy"
Why is Feinberg so secretive? Why does he "try to hide religiously?" This Feinberg is trying so hard to hide that his Who's Who biography says he is "deceased." I have never seen that mistake made before in Who's Who for a living person. Feinberg and his father, Martin, avoid the press like the plague. Martin Feinberg, contacted by the Free Press (Detroit) at his home in Connecticut in May 2007, had very little to say. "We're fairly private people," he said.
DOES FEINBERG WORK FOR ISRAELI INTELLIGENCE?
The evidence indicates that Stephen Feinberg and his father avoid the limelight for one reason: they are working for Israeli military intelligence. A "Martin Feinberg," who may be Stephen's father, made a series of trips to Israel in the mid-1950s, which is the period when a network of Israeli agents and American "sleeper" agents was created in the United States after the Israeli false-flag operation known as the Lavon Affair failed exposing Israel's attempts to bomb U.S. and British facilities in Egypt. Like the trips to Israel made by Michael Chertoff's father and grandfather at the same time, these trips are indicative of involvement with Israeli military intelligence. Judge Alvin K. Hellerstein, the federal judge presiding over the 9-11 litigation made a similar trip in the mid-1950s, via Mexico, after finishing his education.
In May 2004, Feinberg's "private investment group," Cerberus Capital Management, L.P., named for the three-headed dog from Hell, became majority owner of IAP Worldwide Services, Inc., one of the Army’s largest contractors in Iraq. Having given $500 million to Ehud Olmert and Ariel Sharon, imagine how easily Feinberg would place Israeli intelligence agents into key positions in their company providing services for the U.S. Army in Iraq and Afghanistan.
In Afghanistan, Feinberg's IAP runs a "drugs and addiction facility" in Kunduz. What would make IAP a proper choice to run a drug facility in the middle of the largest opium supplying nation in the world? Could it be Feinberg's college thesis on the legalization of drugs and prostitution?
IAP also provides infrastructure support for the British Ministry of Defence in Kandahar. In Iraq, apart from supporting the U.S. Army, IAP has a contract to provide "infrastructure project work" in Basra. The Israelis could hardly wish for a better source of information from Afghanistan and Iraq than Stephen Feinberg.
John W. Snow, Secretary of the Treasury under George W. Bush, was named chairman of Cerberus on 19 October 2006. Feinberg's IAP also serves "a broad array of federal customers," including the U.S. Department of Defense, NASA, the U.S. Geological Survey, the U.S. Agency for International Development, the Internal Revenue Service, and a variety of other federal agencies.
On 30 December 2008, it was reported that the U.S. Treasury will provide $6 billion more for GMAC, which is headed by Merkin and the secretive Feinberg, the two Zionist Jews who bought Bank Leumi from the State of Israel. The Treasury is now reportedly buying a $5 billion stake in GMAC and lending $1 billion to GM. The latest "loan" is in addition to $13.4 billion the Treasury lent earlier to GM and Chrysler LLC. GM sold 51 percent of GMAC in 2006 to Feinberg's private equity firm Cerberus Capital Management LP, which also owns Chrysler.
(More information on the Israeli Merkin-Olmert connection is forthcoming.)
(This article has been read by more than 19,500 people; Jan. 2, 2009)
If a string of similar crimes are committed in the same city by a gang of close associates from the same ethnic group with the same extremist political ideology, one would naturally think there could be a connection. This is precisely the case with the huge financial frauds that have struck New York investment banks, insurance companies, and hedge funds. All of the key players in the current financial crisis are Zionist Jews from a very small political/ethnic community in New York City. But don't expect CNN or the New York Times to fill you in on the details -- the owners of these institutions are part of the same "community."
I have been pointing out the Zionist connections in 9-11 for more than 7 years and the same connections behind the current financial crisis since September. I have been accused of being an anti-Semite because of my research. For American Zionists and "philo-Semites" who genuflect at the word "Jew" it seems that pointing out the Zionist Jew behind a crime is actually worse that the commission of the crime itself. Indoctrinated by the Zionist-controlled mass media, most Americans are simply unaware that all of the key players in 9-11 and the current financial crisis come from a very small club, i.e. the Zionist Jewish criminal gang in the United States and their comrades in Israel. The Zionist criminal network is global.
The latest massive financial scandal is the giant $50 billion pyramid or "Ponzi" scheme run by a New York Zionist Jew, Bernard Lawrence Madoff. Madoff was chairman of the Syms business school at Yeshiva University with his partner, Sy Merns, a.k.a. Sy Syms, who has been a director at Israel Discount Bank (IDB) since 1991. The IDB bank is well known for its money laundering business.
SYMS AND THE ISRAEL DISCOUNT BANK
The IDB is the Israeli bank at the center of the 9-11 funding matrix connected to the Bronfman family and Israeli military intelligence. IDB is the Israeli financial institution at the center of the Zionist crimocracy. (See: "The Architecture of Terror: Mapping the Israeli Network Behind 9-11," especially the section on Joseph Ciechanover, the former chairman of IDB's New York branch.)
On January 31, 2006, a controlling interest in the Bank was acquired by an investor group led by Matthew Bronfman and Rubin Schron. The deal gave Bronfman ownership of IDB's wholly owned subsidiary, the Israel Discount Bank of New York. Bronfman is a younger brother of Edgar Bronfman Jr., chairman and CEO of Warner Music Group Corp.
Matthew Bronfman (left) is the chairman of the board of the World Jewish Congress. He is the son of Edgar M. Bronfman (center), former president of the WJC. Here the Bronfmans stand with the newly elected president of the WJC, Ronald S. Lauder, after the Zionist organization known for corruption and financial irregularities held elections in New York, 10 June 2007.
The Bronfman-Schron group paid $300 million for a 26% stake, with an option on a further 25%, in IDB. Regulators approved the transfer after the bank agreed to pay $25 million to settle a money-laundering probe of its New York unit by the Manhattan District Attorney and the New York State Banking Department. On Dec. 17, 2005, the New York Times reported that some $2.2 billion of illegal funds had been transmitted from Brazil through the IDB in New York (IDBNY) -- but that was just the tip of the iceberg.
ISRAELI BANK LAUNDERED TENS OF BILLIONS
So, how did Madoff lose $50 thousand million? How does $50 billion vanish? Did it disappear to Israel through the Israel Discount Bank?
While Madoff has said that he acted alone in orchestrating the fraud, this is seen as very unlikely. There was probably a very sophisticated team working on wire transfers to secret bank accounts, perhaps at Israel Discount Bank's Swiss branch, which opened in Switzerland in 2000. (The very building Madoff carried out his fraud from, the so-called "lipstick building" in Manhattan, is itself Israeli owned. Like Bronfman's partner Rubin Schron, Israeli companies have been aggressively acquiring commercial real estate in the United States -- but where does their capital come from? Israel, after all, is a recipient of billions of dollars in financial aid from the U.S. taxpayer every year.)
The Lipstick Building: Madoff rented three floors in this Israeli-owned tower in Manhattan. He, however, "worked" on a separate floor with a small team that used a computer system that was not connected to the rest of the company network.
John Coffee, a professor at Columbia Law School, said: “It is very rare that a fraud of this proportion could be handled by just one man. There are trades and redemptions to be done that a 70-year-old man would have to work 20 hours a day to do.”
Madoff told two "senior employees," i.e. his sons, Mark and Andrew, at his apartment the night before his arrest that the Madoff hedge fund and his investment advisory business was "basically, a giant Ponzi scheme," according to court documents. His investment fund business was insolvent, and had been for years.
Thursday morning, December 11, at 8:30, FBI agent Theodore Cacioppi confronted Mr. Madoff. "We're here to find out if there's an innocent explanation," the agent said.
"There is no innocent explanation," Madoff said, saying he traded and lost money for institutional clients. He said he "paid investors with money that wasn't there" and expected to go to jail.
Many of Madoff's victims were fellow Jews looking for consistent returns on their investment, which his "Ponzi" scheme had been able to provide until a large number of investors tried to withdraw some $7 billion worth of funds in November. As the Wall Street Journal reported:
News of money manager Bernard Madoff's alleged fraud sent shock waves through upscale communities in the New York area and Florida where wealthy individuals had entrusted billions of dollars to Mr. Madoff for decades. Ira Roth, a New Jersey resident, who says his family has about $1 million invested through Mr. Madoff's firm, is "in a state of panic."
"This is going to kill so many people," said a current investor in Mr. Madoff's fund. "It's absolutely awful."
...Many of his clients knew Mr. Madoff personally but had little understanding of his investment strategy, which reported remarkably consistent returns of some 1% per month. They often referred to it as a "black box."
Madoff also allegedly said that the losses from the fraud were at least $50 billion, according to the criminal complaint. He told his sons that he was "finished," and that he had "absolutely nothing" and "it's all just one big lie."
WHERE DID THE MONEY GO?
So who is Bernard L. Madoff? Apart from running his "investment company" and being a former chairman and director of the National Association of Securities Dealers (NASDAQ), Madoff is a very committed Jewish Zionist who has served as the treasurer of two leading Zionist organizations. Madoff is just like Richard Fuld of Lehman Brothers, Sanford Weill of Citibank, and Maurice Greenberg of A.I.G., the major culprits behind the $2 trillion bail-out.
Madoff is another New York Zionist Jew, whose grandparents and parents immigrated to the United States in the 1900s from the hotbed of Zionism in the primitive and backwards Pale of Settlement (today's Byelorussia, Poland, and Lithuania). Madoff is another Zionist "Russian" Jew who has committed a massive financial fraud and cheated Americans and others out of untold billions of dollars.
Madoff at Yeshiva University's (YU) 79th Hanukkah dinner, from the left: Bernard L. Madoff, YU's treasurer and chairman, Syms School; Sy Syms, vice chairman, Board of Trustees; and Josh S. Weston, chairman of Boys Town Jerusalem foundation. It should be noted that Sy Syms has long been a director of the Israel Discount Bank, a scandal plagued Israeli bank based in Tel Aviv.
Madoff is a former national treasurer of the American Jewish Congress (AJC) of New York City, one of the major Zionist organizations. Founded by the Hungarian Zionist rabbi Stephen S. Wise, the AJC claims to be "the first Jewish Defense Agency to support the establishment of a Jewish state" and to boycott Germany in the 1930s. In 1936 the American Jewish Congress was instrumental in establishing the World Jewish Congress (WJC). Wise, president of the AJC, was also elected president of the WJC. Wise was a Zionist who had been trained at the Jewish Theological Seminary in New York City, where Michael Chertoff's rabbi father and grandfather, both noted Talmudic scholars, studied and taught.
Madoff is (now was) also the treasurer of Yeshiva University, a private Jewish university in New York City, where he is chairman of the board of the university's business school, the Sy Syms School of Business, which he has endowed with large donations, from his "Ponzi" scheme no doubt.
Belfer Hall is the main building at Yeshiva University.
Isn't it lovely?
Madoff has been a member of Yeshiva University’s Board of Trustees since 1996, and was elected chairman of the board of Syms School of Business in 2000. (Yeshiva University is clearly trying to erase traces of Madoff from their website, but the cached versions remain.)
At Syms, where Madoff is the chairman of the board and Merkin headed the investment committee, "Jewish tradition provides the framework for consideration of ethical issues, an integral part of the student's education." Does the "Jewish tradition" taught at Yeshiva U. support giant "Ponzi" schemes like the one run by their chairman? Is this the kind of business they teach the students at Syms? Cheat the "goyim," i.e. non-Jews, and steal their money?
That is exactly what the Talmud teaches, make no mistake about it. The racist nature of the Talmud, and how this Jewish supremacism has manifested itself in different societies, is the main reason that Jews have been despised and expelled from so many nations throughout history. (For an scholarly interpretation of the anti-Christian content of the Talmud see: Israel Shahak, Jewish History, Jewish Religion: The Weight of Three Thousand Years, 1994)
Anyone familiar with the teachings of the Talmud, i.e. "Jewish tradition," will know that such anti-Christian schemes are at the heart of such a Talmudic, i.e. Jewish supremacist, "education." This is why so many of the financial criminals involved in the current Zionist-produced "credit crisis" are Jewish Zionists who have been indoctrinated in such "Jewish traditions." The Zionist criminals involved in 9-11 and the cover-up of the truth are all tied to the Jewish Theological Seminary in New York, which is a similar Talmudic yeshiva and Zionist indoctrination center.
Jacob Ezra Merkin clearly enabled Madoff's scheme to continue operating by investing hundreds of millions of dollars with Madoff. Merkin's late father, Hermann Merkin, was a high-level Rothschild-linked director of the PEC Israel Economic Corporation for thirty-three years (1966-1999) until his death. The PEC, which is now a wholly-owned subsidiary of Discount Investment Corporation, Ltd. (IDB), is primarily a central funding operation of Israeli military intelligence. With the Merkin family's old and intimate ties with the chiefs of Israeli intelligence and banking, it is simply not credible that Ezra Merkin was unknowingly pouring millions of dollars from Orthodox Jewish investors, like those of Yeshiva University, into a money-losing operation like Bernard Madoff's investment fund. The Madoff money did not get lost -- it was stolen by the Israeli network connected to the Merkin family.
Ezra Merkin is the vice chairman of the Ramaz School (an orthodox yeshiva), where his children attend school. This is the same school that Alvin K. Hellerstein attended and sponsors. Hellerstein, who has been a trustee of the Ramaz School, is the federal judge in Manhattan who has effectively hijacked all the 9-11 victims lawsuits preventing any legal discovery or trial from occurring. Michael Mukasey, the current United States Attorney General, is also a devoted Zionist orthodox Jew who graduated from the Ramaz School. Talk about a small world!
Merkin and Hellerstein also attend the same orthodox synagogue, Kehilath Jeshurun. If you wonder why Merkin and Madoff are being treated with kid gloves in the courts of Manhattan, despite having stolen some $50 billion, look no further than their connections to the Israeli government and the orthodox Zionist community of New York City. The courts in New York, the U.S. Dept. of Justice, and the Dept. of Homeland Security under Michael Chertoff are all run by members of this foreign anti-Christian sect, the tiny orthodox Jewish community from New York City.
The Zionist criminal structure relies on its tax-exempt "religious" network of schools and charities. These institutions are the frame of the Zionist criminal and racist network and should be investigated and closed if they are found to be teaching racist ideologies. Jewish racism is no different than any other racism and should not be tolerated in a free and democratic society like America.