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Large Sarge
21st February 2012, 09:20 AM
http://chasvoice.blogspot.com/2012/02/must-see-all-big-banksters-resign-check.html#axzz1mffmEdAL

Neuro
21st February 2012, 09:58 AM
Indeed frightening! One of my patients a senior manager at One of the main Banks in Turkey, told me at our last appointment, before New Year that he was going to resign, didn't know exactly what he was going to do, anything but banking was his conclusion. A couple of months prior he had been to the IMF meeting in Washington DC, and came back totally disillusioned, as he told that most where at the meeting. He said "No one has a Fucking clue, as to how to solve the fucking mess we are in!". He had been in banking for his entire adult life, and is in his mid-40's, basically at the peak of his career, and could really start cashing in on his position.

As I didn't know whether he had made true of what he said he was going to do, and haven't seen or heard any from him since, I googled, and lo and behold he resigned a couple of weeks ago...

I would imagine that a lot of the bankers in the list above, based their decision on similar reasons as my patient.

Time to bu(a)nker down!

beefsteak
21st February 2012, 10:02 AM
Thanks, LSarge.

For the record, I'm not frightened, but welcome it. There are more resignations/arrests coming. About time someone put the headlock to the bankers. Standing by for more headlines. Hope you'll keep the forum posted.

Neuro,
thanks for your anecdotal sharing, also fresh and believable. You just ratcheted up my belief that positive change is afoot. Standing by for more, again without fear.


beefsteak

palani
21st February 2012, 10:06 AM
The ones resigning are just tired of committing fraud.

Don't worry. There will be a new bunch who have fewer scruples occupying the vacancies.

chad
21st February 2012, 10:08 AM
i just got done refinancing my house. we were talking about new people coming in, & the loan lady told us flat out that if they can't offload the loan to fannie and freddie they won't do the deal. they are unloading 100% of them.

Nomoss
21st February 2012, 10:27 AM
I got this in a email and when hmm.
Then I got a email with the new one from
Benjamin Fulford and with all the other news
I don't know but we will see.

JohnQPublic
21st February 2012, 10:48 AM
There is some additional info. in this thread:

http://gold-silver.us/forum/showthread.php?59023-MAMBONI-Superlatives-Fail.-ECB-Checkmates-Bundesbank-amp-All-CBs-As-of-2.19.2012&p=518121&viewfull=1#post518121

Neuro
21st February 2012, 12:06 PM
I got this in a email and when hmm.
Then I got a email with the new one from
Benjamin Fulford and with all the other news
I don't know but we will see.

I didn't know you are Pen Pal with Ben Fulford, hmmm...

;)

beefsteak
21st February 2012, 12:09 PM
Zero has a creative writer who just penned this colorful allegory...



Guest Post: Scale Invariant Behaviour In Avalanches, Forest Fires, And Default Cascades: Lessons For Public Policy (http://www.zerohedge.com/news/guest-post-scale-invariant-behaviour-avalanches-forest-fires-and-default-cascades-lessons-publi)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 02/21/2012 - 12:14PM [/URL] [URL="http://3.bp.blogspot.com/-WOmRZNOKf3A/T0HDpfA9s_I/AAAAAAAABB0/hnLRDHxnAiQ/s1600/avalanche+along+a+line.jpg"]http://3.bp.blogspot.com/-WOmRZNOKf3A/T0HDpfA9s_I/AAAAAAAABB0/hnLRDHxnAiQ/s400/avalanche+along+a+line.jpg (http://www.zerohedge.com/category/tags/mexico)

We have lived through a long period of financial management, in which failing financial institutions have been propped up by emergency intervention (applied somewhat selectively). Defaults have not been permitted. The result has been a tremendous build-up of paper ripe for burning. Had the fires of default been allowed to burn freely in the past we may well have healthier financial institutions. Instead we find our banks loaded up with all kinds of flammable paper products; their basements stuffed with barrels of black powder. Trails of black powder run from bank to bank, and it's raining matches.

Serpo
21st February 2012, 12:14 PM
He said "No one has a Fucking clue, as to how to solve the fucking mess we are in!".


!

Good one neuro..................haha

Horn
21st February 2012, 12:15 PM
i just got done refinancing my house. we were talking about new people coming in, & the loan lady told us flat out that if they can't offload the loan to fannie and freddie they won't do the deal. they are unloading 100% of them.

Property values should sink another 33% soon.

Libertytree
21st February 2012, 12:54 PM
http://gold-silver.us/forum/images/misc/quote_icon.png Originally Posted by Neuro http://gold-silver.us/forum/images/buttons/viewpost-right.png (http://gold-silver.us/forum/showthread.php?p=518359#post518359)
He said "No one has a Fucking clue, as to how to solve the fucking mess we are in!".

I'm no high financier but the solution seems fairly simple....let'em crash and burn and then get back to an honest monetary policy, sans the central corrupt banksters.

gunDriller
21st February 2012, 01:06 PM
a few months ago i emailed one of the Icelandic bankers (post-revolt) and suggested that Iceland consider buying silver as a way to purchase gold, as well as on its own merits.

crazy idea perhaps. some day central banks will start using silver again.

who will be the first ? when will it happen ?

heck, just add "$100" to the Silver Eagle, and "$3000" to the Gold Eagle, and be done with it.

it's just a die change !

Neuro
21st February 2012, 01:07 PM
http://gold-silver.us/forum/images/misc/quote_icon.png Originally Posted by Neuro http://gold-silver.us/forum/images/buttons/viewpost-right.png (http://gold-silver.us/forum/showthread.php?p=518359#post518359)
He said "No one has a Fucking clue, as to how to solve the fucking mess we are in!".

I'm no high financier but the solution seems fairly simple....let'em crash and burn and then get back to an honest monetary policy, sans the central corrupt banksters.
Yes, simple enough, however every person in the world that has a positive bank balance, will loose everything they had in the bank, it will take centuries to recover from that, there simply will not be any monetary policy to begin with, no-one will accept a piece of paper that is supposedly backed with gold, grains, livestock, land, houses etc... None of us will see it in our lifetime, probably none of our children or grandchildren either...

If you don't hold it, you don't own it...

Forgot who said that, it was one of us wasn't it?

Serpo
21st February 2012, 01:12 PM
...................was one of us......................

Large Sarge
21st February 2012, 03:00 PM
Indeed frightening! One of my patients a senior manager at One of the main Banks in Turkey, told me at our last appointment, before New Year that he was going to resign, didn't know exactly what he was going to do, anything but banking was his conclusion. A couple of months prior he had been to the IMF meeting in Washington DC, and came back totally disillusioned, as he told that most where at the meeting. He said "No one has a Fucking clue, as to how to solve the fucking mess we are in!". He had been in banking for his entire adult life, and is in his mid-40's, basically at the peak of his career, and could really start cashing in on his position.

As I didn't know whether he had made true of what he said he was going to do, and haven't seen or heard any from him since, I googled, and lo and behold he resigned a couple of weeks ago...

I would imagine that a lot of the bankers in the list above, based their decision on similar reasons as my patient.

Time to bu(a)nker down!

so what if its not a sudden sense of morals and ethics by the bankers, waiting for a new group of unscrupulous one's to appear and take over...

What if they all realize there really is no viable solution, except as some have suggested, a complete monetary reset.

And these folks are wise enough to bail out now, so they are not tarred and feathered with the folks manning the ship....

I mean these are very lucrative careers for most of them, and prestigous.

why get out now? and why so many?

I have never heard of a large group suddenly developing a conscience and ethics, we often talk on this site of the "madness of crowds", so I would expect the opposite...

What I think we are witnessing is a growing sense of desperation by the few at the front of the u.s.s. tiatanic....

to me this is historically unprecedented, on the scale involved, and the rank of the people involved, and its global in scope....

simply unprecedented.

This is not a large group of people developing a conscience IMO, its a bunch of smart folks trying to save their own skins.... when has a high level banker ever done something for the public good? He certainly would not be the head of the bank if he was charitable....

This portends a big event....

Neuro
21st February 2012, 03:30 PM
Large Sarge No I don't think it was morals and ethics that was responsible for this bankers decision. To some part maybe, but most of it was due to his belief that the system that he has worked within, even being an instrumental part of, does not have much time left...

osoab
21st February 2012, 03:36 PM
Large Sarge No I don't think it was morals and ethics that was responsible for this bankers decision. To some part maybe, but most of it was due to his belief that the system that he has worked within, even being an instrumental part of, does not have much time left...


So what you are say is that saving one's ass supersedes one's greed. ;D

They didn't get to where they are/were by being stupid.

MNeagle
21st February 2012, 04:21 PM
On another board there was mention of a rash of resignations by Chiefs of Police as well, but no link.

Horn
22nd February 2012, 05:42 AM
So what you are say is that saving one's ass supersedes one's greed. ;D

They didn't get to where they are/were by being stupid.

Wouldn't they wait until after land prices fell 33% before purchasing somewhere not within the "International Community's" laws.

Or to say more in line with being a scapegoat from the "International Community's" laws.

osoab
22nd February 2012, 05:58 AM
On another board there was mention of a rash of resignations by Chiefs of Police as well, but no link.

This happened late in 2010 early 2011 I think.

We may have had a thread here with that headline "Chiefs of Police Resigning".

gunDriller
22nd February 2012, 06:22 AM
i spoke with a local bank manager about a credit line and wanted to get her opinion about world economic events.

she said, "i don't like to think about it."

i said, "well, if you have a customer who is so deeply in debt, that they have to borrow money to pay the interest on the debt - would you loan to them ?"

she said, "no."

letter_factory
22nd February 2012, 11:23 PM
The answer is simple. Hyperinflate and destroy the currency (fiat dollar), keep taxes the same, while slowly letting gold and silver climb while also trying to keep a lid on gold and silver's rise so as to make as orderly rise as possible and allow as many people to buy as possible. For those that are poorer, the US mint and mints all aroudn the world should start pumping out more coinage, keep pennies and nickels made of base metals, and pump out higher denomination coinage (5, 10, and 20) that have some silver and 100$ coinage that has some gold in it.

The real question is how will we maintain our rights. I don't think the goobermint will be on our side until commerce is so strangled that they become desperate for our money again.

letter_factory
22nd February 2012, 11:45 PM
Hav to also add if we return to coinage, the private banks will NOT like it, so basically we're at square one again, at too big to fail. The politicians, too stupid to know any better, will do what they did the first time since they're surrounded by private bank servants. It's like that star trek: next generation episode, where the enterprise keeps blowing up, and they only succeed by letting events happen without fighting it.

Shami-Amourae
23rd February 2012, 12:49 AM
http://www.youtube.com/watch?v=_pcjbTRd1w0

MNeagle
13th March 2012, 08:56 AM
320 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS

http://americankabuki.blogspot.com.au/p/131-resignations-from-world-banks.html







"Some big names on Wall Street are eager to step out of the spotlight after enduring years of financial-crisis turbulence and negative attention from politicians and protesters"

said Peter Ressler CEO RMG Search.
Updated 3/13/12 Special thanks to Gabriel at http://www.facebook.com/MassResignations (http://www.facebook.com/MassResignations) for tracking Insurance, Government and Healthcare Resignations. Also special thanks to Sophie who has kept me very busy with some very good URLs.

320 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS
I don't mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors. Special thank to Gabriel at Facebook Global Mass Resignations for some resignations I did not find in my searches.
Abreviations used:
CEO = Chief Executive Officer, CFO = Chief Financial Officer, CIO = Chief Investment Officer, COO = Chief Operating Officer
INC = Incorporated (can be private held or publically traded shares)
PLC = Public Limited Company (publicly traded shares can be listed or unlisted on stock market)
LTD = Limited Company (privately held)
LLC = American version of LTD, but can have a shareholder/member that is an INC, often hybrids of both
AG = German version of PLC
AB = Swedish version of PLC
SA = Society Anonymous in various latin languages - same as PLC
NV = Dutch version of PLC
BV = Dutch version of LTD
LP = Limited Partners (partnership with limited liability)
REIT = Real Estate Investment Trust
Click here to scroll to latest additions to list (http://americankabuki.blogspot.com.au/p/131-resignations-from-world-banks.html#endoflist), then scroll up.




9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
http://goo.gl/NdW7q (http://goo.gl/NdW7q)
9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital.
http://goo.gl/vuhvd (http://goo.gl/vuhvd)
9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jürgen Stark, who has resigned
http://goo.gl/t83S4 (http://goo.gl/t83S4)
9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resigns
http://goo.gl/mCTgi (http://goo.gl/mCTgi)
9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirement
http://goo.gl/UjUZY (http://goo.gl/UjUZY)
9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resigns
http://goo.gl/jWWv7 (http://goo.gl/jWWv7)
9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy
http://goo.gl/8yU5N (http://goo.gl/8yU5N)
9/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
http://goo.gl/Dx8qs (http://goo.gl/Dx8qs)
9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resigned
http://goo.gl/Qx0Va (http://goo.gl/Qx0Va)
9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
http://goo.gl/WCeqB (http://goo.gl/WCeqB)
9/25/11 (USA CA) Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company http://goo.gl/24aAU (http://goo.gl/24aAU)
9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
http://goo.gl/7dNiD (http://goo.gl/7dNiD)
9/29/11 (JAPAN) BLIFE Investment Corporation, Asset Manager Director Masaomi Yamadaira resigned.
http://goo.gl/Vsmk3 (http://goo.gl/Vsmk3)
9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimer resigned.
http://goo.gl/o63jO (http://goo.gl/o63jO)
9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resigns
http://goo.gl/BzLn4 (http://goo.gl/BzLn4)
10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenig retired on Oct. 1, 2011
http://goo.gl/B8WK7 (http://goo.gl/B8WK7)
10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India.
http://goo.gl/yh2bF (http://goo.gl/yh2bF)
10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEO Albert Mmegwa resigned.
http://goo.gl/Vc252 (http://goo.gl/Vc252)
10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris.
http://goo.gl/udpBA (http://goo.gl/udpBA)
10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
http://goo.gl/OuUjr (http://goo.gl/OuUjr)
10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
http://goo.gl/OuUjr (http://goo.gl/OuUjr)
10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaene will give up his role on the board of Dexia's Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday.
http://goo.gl/vyldE (http://goo.gl/vyldE)
10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned.
http://goo.gl/GZCt5 (http://goo.gl/GZCt5)
10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons.
http://goo.gl/ip8Un (http://goo.gl/ip8Un)
10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned.
http://goo.gl/TVLWO (http://goo.gl/TVLWO)
10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned.
http://goo.gl/TVLWO (http://goo.gl/TVLWO)
10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry's Presidential campaign.
http://goo.gl/R0PgH (http://goo.gl/R0PgH)
10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandez stepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co.
http://goo.gl/vzTbY (http://goo.gl/vzTbY)
10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following “outside interference” with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the island’s industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12]
http://goo.gl/lEpz2 (http://goo.gl/lEpz2)
10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1.
http://goo.gl/l90be (http://goo.gl/l90be)
10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
http://goo.gl/CXL7Z (http://goo.gl/CXL7Z)
10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
http://goo.gl/CXL7Z (http://goo.gl/CXL7Z)
10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer.
http://goo.gl/i1s3E (http://goo.gl/i1s3E)
10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
http://goo.gl/fdd9v (http://goo.gl/fdd9v)
10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
http://goo.gl/yWX9R (http://goo.gl/yWX9R)
10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns.
http://goo.gl/ygG59 (http://goo.gl/ygG59)
11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names]
http://goo.gl/HD8BQ (http://goo.gl/HD8BQ)
11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
http://goo.gl/3L9gE (http://goo.gl/3L9gE)
11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November.
http://goo.gl/oKUVZ (http://goo.gl/oKUVZ)
11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
http://goo.gl/tUaVY (http://goo.gl/tUaVY)
11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fund
http://goo.gl/bCUhI (http://goo.gl/bCUhI)
11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghi resigned from the European Central Bank’s Executive Board.
http://goo.gl/Invjc (http://goo.gl/Invjc)
11/11/11 (HONG KONG) Goldman Sachs' Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years
http://goo.gl/pejs3 (http://goo.gl/pejs3)
11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned
http://goo.gl/3aTh2 (http://goo.gl/3aTh2)
11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned.
http://goo.gl/X1A4i (http://goo.gl/X1A4i)
11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons.
http://goo.gl/55CqZ (http://goo.gl/55CqZ)
11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning.
http://goo.gl/Xqxsr (http://goo.gl/Xqxsr)
11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons.
http://goo.gl/MLsp8 (http://goo.gl/MLsp8)
11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
http://goo.gl/OiDiq (http://goo.gl/OiDiq)
11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12
http://goo.gl/oytcD (http://goo.gl/oytcD)
11/28/11 (LATVIA) Latvia’s chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuania’s Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lender’s balance sheet were missing.
http://goo.gl/mUvLF (http://goo.gl/mUvLF)
11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
http://goo.gl/XncOc (http://goo.gl/XncOc)
11/29/11 (NORWAY) Carnegie ASA’s co-head of investment banking in Norway, Cato Holmsen, has resigned
http://goo.gl/utIfy (http://goo.gl/utIfy)
11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas fired Kazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the country’s third-biggest deposit bank.
http://goo.gl/EiqUC (http://goo.gl/EiqUC)
12/01/11 (SRI LANKA) Sri Lanka's Securities and Exchange Commission (SEC) head Indrani Sugathadasa resigned.
http://goo.gl/6qzny (http://goo.gl/6qzny)
12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagement
http://goo.gl/ojDcu (http://goo.gl/ojDcu)
12/03/11 (USA SC) South Carolina's $25 billion pension fund chief investor Robert Borden resigned. Borden's resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system.
http://goo.gl/ypK2G (http://goo.gl/ypK2G)
12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns
http://goo.gl/peFGD (http://goo.gl/peFGD)
12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires
http://goo.gl/peFGD (http://goo.gl/peFGD)
12/06/11 (USA ) Western Liberty Bancorp CFO George Rosenbaum has resigned.
http://goo.gl/ozuwB (http://goo.gl/ozuwB)
12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonen resigned.
http://goo.gl/a7Rhw (http://goo.gl/a7Rhw)
12/08/11 (INDIA) Nomura's co-head of equity-linked solutions Neeraj Hora, resigns
http://goo.gl/WYcjR (http://goo.gl/WYcjR)
12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the "Fund"), Portfolio Manager Paul David Austin Clark resigned
http://goo.gl/YiagF (http://goo.gl/YiagF)
12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the year
http://goo.gl/Xj0l4 (http://goo.gl/Xj0l4)
12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns
http://goo.gl/ANN5B (http://goo.gl/ANN5B)
12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEO Glenn Squires has resigned
http://goo.gl/8rAKb (http://goo.gl/8rAKb)
12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years.
http://goo.gl/ScT47 (http://goo.gl/ScT47)
12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15
http://goo.gl/06c2b (http://goo.gl/06c2b)
12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Bank’s Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group.
http://goo.gl/06c2b (http://goo.gl/06c2b)
12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found.
http://goo.gl/IPOzf (http://goo.gl/IPOzf)
12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned.
http://goo.gl/bbdeT (http://goo.gl/bbdeT)
12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank's firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him.
http://goo.gl/3Q1Vg (http://goo.gl/3Q1Vg)
12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits
http://goo.gl/dFDpH (http://goo.gl/dFDpH)
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quits
http://goo.gl/kowkW (http://goo.gl/kowkW)
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits
http://goo.gl/kstLp (http://goo.gl/kstLp)
12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits
http://goo.gl/NrrPZ (http://goo.gl/NrrPZ)
12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving.
http://goo.gl/iMe99 (http://goo.gl/iMe99)
1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
http://goo.gl/b6AoA (http://goo.gl/b6AoA)
1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years
http://goo.gl/xwlFt (http://goo.gl/xwlFt)
1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
http://goo.gl/joExI (http://goo.gl/joExI)
1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.
http://goo.gl/DP1uK (http://goo.gl/DP1uK)
1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
http://goo.gl/SKE7j (http://goo.gl/SKE7j)
1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
http://goo.gl/bzZtQ (http://goo.gl/bzZtQ)
1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
http://goo.gl/zvo1L (http://goo.gl/zvo1L)
1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. O’Neill has resigned.
http://goo.gl/ZiWGL (http://goo.gl/ZiWGL)
1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIB announced retirement of CEO Nofal Barbar from its London office.
http://goo.gl/yF0Mm (http://goo.gl/yF0Mm)
1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
http://goo.gl/5qsUu (http://goo.gl/5qsUu)
1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of Staff William M. Daley resigned
http://goo.gl/34F0B (http://goo.gl/34F0B)
1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires.
http://goo.gl/XYCwJ (http://goo.gl/XYCwJ)
1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors.
http://goo.gl/l6QzM (http://goo.gl/l6QzM)
1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons.
http://goo.gl/yAHgr (http://goo.gl/yAHgr)
1/11/12 (SWITZERLAND) La Banque Privée Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company.
http://goo.gl/vWr3i (http://goo.gl/vWr3i)
1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires
http://goo.gl/i2TVk (http://goo.gl/i2TVk)
1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires
http://goo.gl/i2TVk (http://goo.gl/i2TVk)
1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning
http://goo.gl/GN3h3 (http://goo.gl/GN3h3)
1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager.
http://goo.gl/3JuNJ (http://goo.gl/3JuNJ)
1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEO David Conner retires.
http://goo.gl/83Z1i (http://goo.gl/83Z1i)
1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah's purview.
http://goo.gl/e7vS7 (http://goo.gl/e7vS7)
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned.
http://goo.gl/0PoIM (http://goo.gl/0PoIM)
1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned.
http://goo.gl/0PoIM (http://goo.gl/0PoIM)
(rest of list at link, good comments too)

mick silver
13th March 2012, 01:55 PM
Large Sarge No I don't think it was morals and ethics that was responsible for this bankers decision. To some part maybe, but most of it was due to his belief that the system that he has worked within, even being an instrumental part of, does not have much time left...

i just hope your wrong . i would hate to see how many people would die from this . if the list is right then this is real big news . something is big about to happen then

Neuro
13th March 2012, 04:53 PM
i just hope your wrong . i would hate to see how many people would die from this . if the list is right then this is real big news . something is big about to happen then

He is on the list! The house of cards is coming down, and many will die!

Horn
13th March 2012, 05:28 PM
What do these guys do, anyway?

Besides sit around and get fat while browsing Gold & Silver forums.