Well, needless to say; We all remember the Keating Five S&L Crisis of the 1980's involving Neal Bush, Charles Keating etals which cost the American Tax Payers over $200 Billion Dollars which was never recovered other than .10 cents on the dollar. The reported amount was $1.3 Billion. The actual amount exceeded $200 Billion, which is just now coming out for the public consumption listed in the New York Times article "CHINA ANNOUNCES NEW BAILOUT OF BIG BANKS" January 8, 2004 (site listed above).

The $200 Billion Dollars in Certificates of Deposit from the failed S&L's figure comes from a fax received back in 1989 of a letter written by IRS AUDITOR (U.S. Dept. of the Treasury Agent) Marion Aiken also known as Akiens, listing his 1985 "assignment and $200 Billion in CD's and parties working with him" which was faxed to myself and Russell Herrman as Chief of Bank Frauds Operations, Copenhagen D.K.'s Interpol, Gammelsgarrd was "knocking on his door to arrest him." The document named the names of certain individuals (Interpol has their set), plus identifies other European Operations. This document was a "just in case something happens, expose it".. situation. Mr. Aiken was investigated and incarcerated by Chief Gammelsgarrd's Fraud Division. Mr. Aiken/Akiens has not been heard from since, therefore it is safe to assume the "rumors" "After his incarceration term in Copenhagen ended, he returned to the US, then he was sent to Minnesota's CIA Safe House and died of unknown causes."

Quoting the New York Times article: China Announces New Bailout of Big Banks published January 7, 2004:
   "HONG KONG, Jan. 6- China announced a complex transfer on Tuesday of $45 Billion from its soaring foreign exchange reserves to two of the four big government-owned banks, the third large bailout in the banking system in less than six-years.
The transaction is intended to help shore up the financial institutions, the Bank of China and the China Construction Bank, so they can sell stock for the first time, the Chinese central bank said in a statement. The central bank admonished the commercial banks to do a better job of controlling fraud and limiting bad loans.
   "When dealing with bad assets, they have to strictly investigate the responsibility of the related officials," the statement said (go to
http://www.theantechamber.net/V_K_Durham/AbusingTheCodeOfSilence.html and listen to the tape recorded sections which openly admit "paying off leaders of nations" in regards to counterfeiting prime bank gold instruments on our instruments) . "They have to fight fiercely against those who have tried to run away from bank loans through illegal behavior."
  Beijing bars Chinese journalist from reporting on the full extent of the banks' troubles, especially writers for mass-media publications read by many depositors. But with their promises of tough action against errant bank officers, the statements issued on Tuesday by the central bank and other agencies hinted at a concern about public perceptions of bailout.

(This is the point of the article which these recent Enabling Acts of the US and England should be taken notice. These Acts are designed to Cover up and Conceal all the international banking prime gold bank instruments authorized by the U.S. Fed. R./US Treasury Black Treasury Operations of the GAIA-Ekkers and others which now exceed $400 Trillion Dollars in "not now performing prime bank gold instruments" written on BONUS CERTIFICATE 3392-181 by the AL QUAD "False Muslims, E.J. Ekker (Eckert) and Doris J. (Eloise) Ekker (Eckert) who "sit in the Philippines awaiting instructions from the FED. R./UST as to when to bring the gold home.") Back to the New York Times article;

  The cost of the American savings and loan bailout more than a decade ago- $123.8 billion in public funds and $29 billion in supplemental deposit insurance premiums from financial institutions-drew considerable complaints from politicians and the public in the United States. China has been eager to prevent a similar controversy. Its latest bailout, while costly covers less than half of the nonperforming loans at two of the four troubled banks, and in an economy that is one-eighth the size of America's.

  Tao Dong, an economist at Credit Suisse First Boston, said that "$45 billion is probably not sufficient, but a very decent number to start with." Mr. Tao said that while the latest bailout, split equally between the two banks, showed the government's interest in cleaning up the industry, what Chinese banks really need is to reform their lending practices so they stop making more bad loans. "Most important is having new credit-risk management established," he said. "Without that, any new money will be lost."

  The need for another bailout underlines the problems that have vexed China's financial system even through two decades of rapid economic growth. The big four banks- the others are the Industrial and Commercial Bank of China and the Agricultural Bank of China. (the article goes on, but to save space, go to the article
http://www.nytimes.com/2004/01/07/business/worldbusiness/07bank.html?pagewanted=all enter your account number (free) and print it off, read it carefully).

China currently is having to deal with over $400 trillion in "bad assets" and "fighting fiercely against those who have tried to run away from bank loans through illegal behavior."
For China to put up $45 Billion dollars for just two banks, when four are involved, means either they have not found all the "bad assets" yet, or have bought them off at less than .10 cents on the dollar averaging .01 cents on the dollar. This is a hard pill to swallow for the Chinese who are so desperate to "clean up their water sources" such as Lake Tai and others. Corruption is rampant, and it must be properly dealt with, and the truth must be told by exposing this mess called "International Banking Terrorism/Acts of Aggression" by those issuing "bad assets" also known as Counterfeit Gold Prime Bank Instruments written on BONUS CERTIFICATE 3392-181 out of the Philippines.

At this point, the IMF weighs in.. "I.M.F. Says Rise in U.S. Debts Is Threat to World's Economy"
http://www.nytimes.com/2004/01/08/business/08FUND.html?th=&pagewanted=print&positio .
Print this one off also.

MAY 21, 2003; DEBT SWAP-DEBT CONVERSION; U.S. & LATIN AMERICAN DEBT PAYMENT BY $6.5 TRILLION GOLD DOLLARS "COLLATERAL" was paid. The negotiator was one of the U.S. Federal Reserve and U.S. Foreign Federal Reserve's representatives by the name of Kamarulzaman Bin Annuar appointed by the Fed. R./UST "to head up Euro Clear and Clear Stream, plus ANB AMRO, CREDIT SUISSE FLEET BOSTON, UBS, J.P.MORGAN/CHASE and other banks trading in "counterfeit prime bank gold instruments (on Bonus Certificate 3392-181).
Another $6.5 Trillion in Legitimate Gold Collateral was assigned to set up a GLOBAL HUMANITARIAN TRUST to assist nations suffering joblessness, homelessness and feeding the children and the starving people conditions of those poor nations."

 Needless to say; The U.S. DEBT was not paid, nor credited back. Nor, has the hunger, joblessness, homelessness conditions improved globally. The COLLATERAL was used to JUMP START THE STOCK MARKETS as history proves because by June 16th, 2003 everyone in the Money Markets were wondering where all this "unlimited collateral" was coming from.

 All things being considered equal; It can be a fair assumption the purpose for "Top US official heads to Singapore, Malaysia
http://www.skali.com/index.php?ch=1&pg=284&ac=19870&ct= "
article would be a pretty fair assumption; $6.5 trillion U.S. Debt Payment and $6.5 trillion "humanitarian funds" are hotly being sought by this U.S. Official "John Bolton" heading to Singapore and Malaysia for talks on security issues related to the fight against global terrorism, State Department officials said.

Question. Could the "miss-use of $13 Trillion Dollars currently being used for purposes other than intended, in acts of banking aggression against the U.S. Be "talks on security issues related to the fight against global terrorism (banking)?"

Better go and read WORST CASE SCENARIO; LIES, MORE LIES TO COVER-UP PREDATORY BANKING AND SUBVERSIVE ACTIVITY:
PART TWO
http://www.theantechamber.net/V_K_Durham/WorstCaseScenario2.html .

While your at it, go to Rense.com article "Accounting Problems' In Major US Economic Indices"
http://www.rense.com/general47/icnid.htm ...

Then, ask yourselves: WHY in the world are the U.S. and the U.K. exceeding CONSTITUTIONAL BOUNDARIES by imposing these OPPRESSIVE ENABLING ACTS?

What could they be afraid of? One would think; Instead of alienating the people by oppressing Civil Liberties and Constitutional Rights and Freedoms, our leaders would be wanting to "have our assistance" instead of our hostilities...? Our assistance would be "readily forthcoming" if the Truth of these matters were told. Hostilities exist only when Oppressive Acts, Deception and Cover-Up of Un-American Activities are allowed to permeate and destroy the Government of the People of the United States, and England. Our parent laws are derived from England, they are essentially one and the same.

Truth be told; There are only "two ways" to do something, The Right way,and the Wrong Way. Lets get it Right in the beginning before one hell of a lot of wrongs will have to be righted by the People once again in our nations history as "An Empire Implodes" article on
http://www.rense.com/general47/empire.htm is so eloquently stated by:
Joseph E. Fasciani posted 1/7/04.

It is time to tell the truth, in order to deal judiciously and expeditiously with these problems, without going to war and/or oppressing individual rights, civil liberties and constitutional freedoms, inherent rights and liberties.

---

See Also:

FOLLOW THE MONEY: CONCLUSION (10)
By: V.K. Durham
5.13.05
http://www.theantechamber.net/V_K_Durham/FollowTheMoney10.htm

GLOBAL S&L "TYPE" BANKING CRISIS; AS EURO TIGHTENS "AUDITING STANDARDS"
WHILE CHINA ANNOUNCES NEW BAILOUT OF BIG BANKS
By V.K. Durham
1/9/04
http://www.theantechamber.net/V_K_Durham/GlobalS&lType.html