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everyone else. They are literally above the law. The powerful Illuminati control the law. In 1973, the
CEO of BankCal, De Bretteville sold Edmond Rothschild
300,000 shares of Bancal Tristate Corp.,
22% of the holding company for the Bank of California. De Bretteville had originally asked two
English Rothschild cousins
if they wanted to purchase the stock. These two cousins then called two
French Rothschild
cousins, who then called Edmond in Geneva, Switzerland
for assistance.
Edmond
told them he would help them buy it, and that after he purchased it. he would turn around and divide
it with his relatives. He lied. And over the next few years, he would continue to lie to numerous
people about his intents for the bank. De Bretteville says, "He lied to his family and he lied to me, it
was a dirty deal all around." Bank of California
had the only banking franchise at the time which was
in all three Pacific rim states (OR, WA, CA). It turned out that the Bank of California was like a piece
of art to Rothschild.
He had no Intention of improving
the bank, he simply wanted it for his collection
of companies. Edmond already owned companies in Brazil, toy companies, 10% in De Beers mining
in So. Africa, joint business ventures with Robert Vesco, and 30% of Club Mediterranean which
Edmond co-founded.
Club Mediterranean
was created out of the idea that others of the elite would
enjoy seaside playgrounds
like those he and his mother cavorted at when he was a youngster. Edmond
went on to marry a chorus girl named Nadine Actually, sources indicate that the Baron Edmond had
wanted to give the Bank of California to his only son. Bengie (Benjam in de Rothschild)
as a
graduation present. But Bengie who was going to Pepperdine University was more interested in
partying. Bengie lived high on the hog at a fabulous California beach house while flunking school and
living wildly. Apparently, his father decided his son wasn’t ready for a graduation present. In fact, he
left Pepperdine Univ. after 4 years with 31 credits (97 short to graduate) and went back home to
Chateau Pregny on the shore of Lake Geneva near Geneva. Switz. It wasn’t until 1989, that Benjamin
stepped forward into the world of finance, by launching his La Compagnie de Tresorerie-Benjamin
de
Rothschild.
The San Jose Mercury. Jan. 12, 1992 reported, ,,The longtime chief executive of the blue-
blood San Francisco bank invited Rothschild
to invest. Banking regulators encouraged Rothschild
to
take charge. Securities investigators
ignored the frenzy of trading overseas, and later, the
documentation
of insider trading. The bank’s directors fawned while the baron used it as a personal
plaything. ,,This is not what made this country great." says Bill Miles, a former BankCal vice
president. "This is greed, all the way through." Edmond Rothschild only purchased a mInority of
BankCal’s shares, but he was still able to totally control the company. He was also able to manipulate
its stock prices and carry out insider trading without the Securities and Exchange Commission
watching it. Edmond named two representatives
to the board of directors. The first was George
Coulon Karlweis, a patrician Swiss Banker who worked for Edmond. The other was George Shapiro.
a
New York lawyer who knew nothing about banking. Edmond has called George Shapiro his
"godfather and his "guardian angel." Then Edmond replaced De Bretteville as CEO with his man
Chauncey Schmidt. Edmond had agreed to leave DeBretteville
in his position as a condition to
purchase BankCal shares, but when he chose to renege on his agreement he did without compassion.
Bank board meetings became a game of ,,What does Edmond think?" Edmond on his part threw
parties that enamored him to San Francisco’s high society. Edmond carried out a series of actions
which dropped the value of BankCal’s stock drastically. Financial advisors and securities analysts
convinced small stockholders
to sell their BankCAl stock which they then did for rock bottom prices
as little as $16 a share. Rothshild bought some at that price. Some of Rothschild’s
secret proxies paid
slightly higher prices. Most of the stock went to anonymous investors trading through private banks
protected by secrecy laws. Nearly 20% of the bank’s stock was sold by misled shareholders,
and was
sold to secret European bank accounts. The Baron and his friends secretly began buying the Bank’s
stock after It had hit rock bottom prices. During 1979 to 1981 more than 15% of Bank of California’s
stock was sold in Europe. Such an abrupt shift in a stock’s trading pattern is supposed to set off
alarms with the Securities and Exchange Commission.
Instead the Securities and Exchange
Commission
turned a blind eye to all the insider trading. The European buyers bought their cheap
stock as secretly as possible. They did not openly shop through American brokerages. Instead, they
bought small (and therefore. unremarkable)
blocks of stock through dozens of private banks in
Switzerland,
the Netherlands.
Germany. Luxembourg.
The Baron told his friends that he would sell
BankCal, while he publicly gave the appearance that the company was not for sale. For instance,
publicly It was announced that David Rockefeller. as well as the elite’s front man for BCCI Ghaith
Pharaon had both taiked with Edmond Rothschild about the purchase of BankCal. According to what
