Tuesday, January 14, 2014

14-01-14 Bank of Israel: Fraud in banking regulation, compliance with Freedom of Information Act, established under Stanley Fischer, goes on

===14-01-14 Bank of Israel: Fraud in banking regulation, compliance with Freedom of Information Act, established under Stanley Fischer, goes on===
===הונאה מתמשכת בפיקוח על הבנקים, ציות לחוק חופש המידע בבנק ישראל===
הונאה, שמוסדה תחת כהונתו של סטנלי פישר כנגיד, ממשיכה תחת כהונתה של קרנית פלוג.  מי שציפה למשהו אחר - סופו שיתאכזב...
= Fischer's treacherous conduct has been previously demonstrated in Argentina, in Russia, in Israel, and in CitiGroup.  It remains to be seen what effect he would exert in the US Federal Reserve...=
[Pics]

Inline image 1 Inline image 2
Stanley Fischer with his newly acquired Israeli ID in 2005. New Governor of Bank of Israel Karnit Flug
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Occupy Tel-Aviv, January 14 - purported response on Freedom of Information Act (Israel) [FOIA] request, provided yesterday by Bank of Israel, documents that fraud in Banking Regulation and in FOIA compliance, established under the tenure of Stanley Fischer, continues under new Bank of Israel Governor Kranit Flug.

The latest FOIA response, by Attorney Ronen Nissim of Bank of Israel Legal Department  pertains to a FOIA request submitted by Washington DC Attorney James Jatras of repealFATCA. [1,2]   

The request sought information regarding Israeli Banking Regulation, relative to cooperation of Israeli banks with the US law FATCA.

In reviewing Bank of Israel's FOIA response, it is noted that:
* The response fails to include the required government correspondence reference number, 
* The response fails to refer to Attorney Jatras's request as "Freedom of Information" request, it refers to it only as an "inquiry", and
* The response fails to provide any documents, responsive to the FOIA request, although it contains information that infers that such documents exist.

The response should be indicative that under new Bank of Israel Governor Karnit Flug :
* Bank of Israel continues the fraud in Banking Regulation, established under Stanley Fischer: The law, pertaining to Banking Regulation remains a secret, in violation of the principle of publicity of the law, and  Israeli banks are permitted to abuse their clients at will,  purportedly pursuant to FATCA, while it is NOT in force either in the US or in Israel.
* Israeli banks continue to cooperate with the US surveillance apparatus, and
* Bank of Israel continues the fraud in FOIA compliance.

The response also demonstrates that:
* The issuance of simulated legal and judicial records is the most common form of corruption of judges and the legal profession.
* Corruption of judges and the legal profession is central to the current socio-economic crisis in both Israel and the United States.

Stanley Fischer has a long track record of treacherous conduct, loyal only to the interests of global financial institutions:
* Under the tenure of Stanley Fischer,  Israeli banks were effectively place above the law, subservient to the US surveillance apparatus. [3]
* Already in 2001, none other than Nobel prize winner Joseph Stiglitz raised concerns that Stanley Fischer engaged in treacherous conduct as a senior IMF officer in the Argentinian economic crisis. [4]
* Similar concerns have been more recently raised regarding Fischer's conduct in Russia.  [5]
* In CityGroup Fischer held a key position in the team that brought the bank to its collapse.

It remains to be seen what effect Stanley Fischer would exert as No 2 in the US Federal Reserve. 

If past performance is any indication, he is likely to be treacherous again, loyal only to the interests of financial institutions.
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Joseph Zernik, PhD
Human Rights Alert (NGO)
Occupy Tel Aviv
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* The Human Rights Alert (NGO) submission to the Human Rights Council of the United Nations was incorporated into the 2010 Periodic Review Report regarding Human Rights in the United States, with the note: "corruption of the courts and the legal profession and discrimination by law enforcement in California". 
* The Human Rights Alert (NGO) submission to the Human Rights Council of the United Nations was incorporated into the 2013 Periodic Review Report regarding Human Rights in Israel, with the note: "lack of integrity of the electronic records of the Supreme Court, the district courts and the detainees courts in Israel."
=LINKS=
[1] 14-01-13 Bank of Israel purported Freedom of Information Act response to Attorney James Jatras, RepealFATCA.com
http://www.scribd.com/doc/199415579/
[2] 13-11-27 US-ISRAEL: DC Attorney James Jatras' request for Bank of Israel FATCA policy statement by new Bank of Israel Governor Karnit Flug, and corresponding FOIA request
[3] 13-11-30 Stanley Fischer's legacy in Israel - placing banks above the law, subservient to the US surveillance apparatus_US_OpEdNews.com 
http://www.opednews.com/articles/Stanley-Fischer-s-legacy-i-by-Joseph-Zernik-Above-The-Law_Banks_Banks-Bullying-Customers_Banksters-131130-448.html
[4] 02-06-06 Globalisation and its discontents by Joseph Stiglitz_The Economist
[5] 14-01--09 How the Fed’s Would-Be No. 2 Helped Wreck Russia_American Conservative
http://www.theamericanconservative.com/articles/how-the-feds-would-be-no-2-helped-wreck-russia/

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