George Soros sells all shares of Citigroup, Bank of America and JP Morgan


George Soros dumped his stakes in banks and went for tech and gold miners in the first quarter

Well if we go back to this story I am following

List of Dead bankers, a sign “Something” is coming, I say the US dollar is close to total collapse!
http://shaunynews.com/2014/04/07/another-banker-found-dead-along-with-wife-and-daughter/

Russia and China dropped the Dollar earlier this week
http://shaunynews.com/2014/05/21/russia-and-china-dumped-the-us-dollar-petro-dollar-and-dow-drops/

WASHINGTON (INTELLIHUB) — Just over 2 decades ago banker George Soros made his most famous investment by shorting the British pound and pocketing a billion dollars in the process. Since then he has become famous for betting on stock market crashes and in some cases even rigging markets to fail for his own gain.

Just months ago, Soros made headlines by making a billion dollar stock bet against the S&P 500. At the time this was said to be a sign of trouble ahead for the US economy, as Soros has seemed to have had advance knowledge of market crashes in the past. As a result of this reputation, investors have begun to keep a close eye on his holdings. This week investors took notice again when Soros sold his shares of three major American banks, including Bank of America, JP Morgan and Citigroup.

The Wall Street Journal reported that “George Soros dumped his stakes in banks and went for tech and gold miners in the first quarter, according to a filing with the Securities and Exchange Commission Thursday. Soros sold his holdings in Citigroup (NYSE:C) , J.P. Morgan (NYSE:JPM) and Bank of America (NYSE:BAC)”

In February 2009, Soros said the world financial system had effectively disintegrated, adding that there was no prospect of a near-term resolution to the crisis. “We witnessed the collapse of the financial system … It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.”

#bank-of-america, #banking, #ceos, #citigroup, #corporate-greed, #george-soros, #jp-morgan, #lies, #the-wall-street-journal, #wealth

` White House Cancels Plans to Attend Meting Between `Obama and the Persian Gulf Monarch’s in Saudi Arabia ‘

#AceWorldNews – The White House has cancelled plans for a meeting later this month between US President Barack Obama and Persian Gulf monarchs in Saudi Arabia based on tensions among US allies in the region, sources told The Wall Street Journal.

The summit was to include leaders of the Gulf Cooperation Council (GCC) nations, which includes Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Oman, and Kuwait.

Diplomats informed of the decision to scuttle the meeting said the cancellation symbolizes the tumultuous political climate in the Middle East.

The US has worked with the GCC on security and economic issues in recent years, but the main points of contention include Syria’s civil war and Iran’s nuclear operations.

In addition, Saudi Arabia, the United Arab Emirates (UAE), and Bahrain withdrew ambassadors from Qatar this month based on its support for the Islamist Muslim Brotherhood group.

Wall Street Journal – News and Media Sources

#ANS2014

#bahrain, #islamist, #kuwait, #muslim-brotherhood, #oman, #persian-gulf, #qatar, #saudi-arabia, #syrias, #the-wall-street-journal, #united-arab-emirates, #us-president-barack-obama, #white-house

` Gunmen have entered the `Serena Hotel ' in Kabul `Afghanistan ' and Opened-Fire – fears of Casualties '

#AceBreakingNews – Injuries are feared as gunmen have entered the luxurious Serena Hotel in the Afghan capital and opened fire, witnesses said.

According to a security source cited by Reuters, two people were wounded as two or three gunmen entered the Serena hotel by a back door.

Many foreign observers are staying at the hotel, which is located near the presidential palace, ahead of the April 5 election. The building is now surrounded by the security forces.

Afghan Security officials have confirmed that gunmen are in #SERENA hotel in #Kabul and fight is still giong and I heard huge Bangs
— Sabawoon Sadiq (@SabawoonSadiq1) March 20, 2014
A senior Kabul police official said there were three attackers, The Wall Street Journal reports. As clashes ensued, guests were herded into safe rooms.

A woman, who was taken to safety along with other guests, told Reuters that the shooting appeared to begin in the hotel’s restaurant.

#ANS2014

#reuters, #the-wall-street-journal

`Classified Documents leaked last summer by #NSA whistle-blower #Edward-Snowden reveal information about `Call Information'

AceSecurityNews says that classified documents leaked last summer by NSA whistleblower Edward Snowden revealed that the intelligence agency currently compels at least three major telephone providers – Verizon, Sprint, and AT&T – to turn over call information on millions of Americans.

Among that information, known as metadata, is the duration of the call, the time the call was made, who the phone call was to, and where it originated.

Snowden disclosed a trove of secret information about US intelligence activity to the press, but the collection of phone metadata has been perhaps the most controversial, in part because of its sheer breadth.

Senator Carl Levin (D-MI) was among those hoping to find more when, at a Senate Armed Services Committee hearing, he asked Alexander how the metadata is collected and stored.

“Chairman, I think there are three options that you put on the table,” Alexander replied.

“You mentioned the government holding it, the ISPs holding it. I think there is yet another option where we look at what data you actually need and only get that data.

“Can we come up with a capability that just gets those that are predicated on a terrorist communication? I think you have those three options that I have put on the table,” he continued. “Those are three of the ones that I think need to be clearly discussed and the merits from both sides, they have pros and cons on the agility that you would have with the program.”

Alexander was referring to possible reforms to the NSA set forth by US intelligence and law enforcement leaders earlier this week.

US President Obama, who has said he is open to reforming the surveillance programs after public scrutiny, tasked the attorney general and other administration officials to propose theories on how the phone metadata collection program could remain in use.

The most radical proposal, according to anonymous sources who spoke to the Wall Street Journal, would be to entirely abandon the collection of telephony metadata.

Officials are also considering turning that vast datalogue over to a government agency other than the NSA – either the FBI or Foreign Intelligence Surveillance Court, perhaps.

Alexander’s testimony seemed to indicate that the scenario the administration is taking most seriously is leaving the trove metadata with the phone company, with the NSA only forcing the company to handover information about numbers thought to be involved in a web of terrorism.

#ANS2014 – RT – Reuters – Guardian – AP – AFP – WSJ

#acesecuritynews, #edward-snowden, #afp, #ap, #edwardsnowden, #fbi, #news, #nsa, #reuters, #rt-news, #the-wall-street-journal, #us, #wsj

“‘CEO ExxonMobil : Joins a lawsuit that `Challenges the Construction’ of a `Water Tower’ connected to a `Fracking’ Operation”

#AceWorldNews says the CEO of ExxonMobil – the top producer of natural gas in the US – has joined a lawsuit that challenges the construction of a water tower connected to hydraulic fracturing operations near his Texas home, given that it may reduce the property value.

CEO Rex Tillerson and other plaintiffs claim the hydraulic fracturing – or fracking – project will cause unwanted noise and traffic associated with trucking water from the 160-foot tower to the drilling site, The Wall Street Journal reported.

The tower will provide water “to oil and gas explorers for fracing [sic] shale formations leading to traffic with heavy trucks on FM 407, creating a noise nuisance and traffic hazards,” according to the lawsuit.

The water tower is owned by Cross Timbers Water Supply Corporation.

#fracking, #cross-timbers-supply-corporation, #exxonmobil, #the-wall-street-journal

” US Opposes Supply of `Shoulder-Fired-Missiles’ Capable of taking down War Planes to Syria”

#AceWorldNews says the US is opposed to the supply of shoulder-fired missiles, capable of taking down war-planes, to rebel forces in Syria, Reuters quoted a senior Obama administration official as saying on Tuesday.

The Wall Street Journal said on Friday that Saudi Arabia had offered to give Syrian-Rebels Chinese portable air defence systems, and anti-tank guided missiles from Russia.

The administration “remains opposed” to any provision of such systems to the Syrian opposition, the official said.

#chinese, #reuters, #saudi-arabia, #shoulder-fired-missiles, #syria, #syrian-rebels, #the-wall-street-journal, #us, #war-planes