Login or Sign Up
 
 
 
 
 
 
 
 
 
 
 
 
 
Global Forums > General > Geneva - home of the worlds most respectable laundromat
 
Only members can see photos
Only members can see names and photos
Geneva - home of the worlds most respectable laundromat

Geneva



Badpenny is driving like a bat out of hell on the autobahn to Geneva. Something just doesn’t make
sense here. I see lots of cows. I see pretty chalets and fairy-tale castles and the Savoy Alps rising up like an
angel’s ice-cream cone and it doesn’t make any sense. Per capita, Switzerland is the world’s wealthiest
industrial nation.
So where’s the industry? All these flash Mercedes aren’t paid for by cheese, chocolate, and cuckoo
clocks.
“Drug dealers,” says Badpenny, of the most powerful drug in the world: OPM. Other People’s Money.
She knew. She was born here. Escaped at eighteen.
Now she was showing me how to track some of that OPM. Months earlier, we’d found out that the
president of Zambia had gone on a shopping spree here in Geneva with what we estimate was about $40
million in his pocket. We figured he deposited a chunk of it in an anonymous numbered account at Credit
Suisse. Some call Credit Suisse a bank, some call it the world’s most respectable Laundromat.

The text you are quoting:

Geneva



Badpenny is driving like a bat out of hell on the autobahn to Geneva. Something just doesn’t make
sense here. I see lots of cows. I see pretty chalets and fairy-tale castles and the Savoy Alps rising up like an
angel’s ice-cream cone and it doesn’t make any sense. Per capita, Switzerland is the world’s wealthiest
industrial nation.
So where’s the industry? All these flash Mercedes aren’t paid for by cheese, chocolate, and cuckoo
clocks.
“Drug dealers,” says Badpenny, of the most powerful drug in the world: OPM. Other People’s Money.
She knew. She was born here. Escaped at eighteen.
Now she was showing me how to track some of that OPM. Months earlier, we’d found out that the
president of Zambia had gone on a shopping spree here in Geneva with what we estimate was about $40
million in his pocket. We figured he deposited a chunk of it in an anonymous numbered account at Credit
Suisse. Some call Credit Suisse a bank, some call it the world’s most respectable Laundromat.


parker kFeb 23, 2014 @ 11:48
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
 
15 Replies | 2193 Views      |  Send to friend
 
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 1

... right... sure... then sorry about that, mate.


 


 





The text you are quoting:

... right... sure... then sorry about that, mate.


 


 


Casuistik, Feb 23, 2014 @ 12:25
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 2

tell me when your operation is finally successful

The text you are quoting:

tell me when your operation is finally successful


parker k, Feb 24, 2014 @ 08:18
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 3

If you copy paste someone else's work, it at least is polite to cite the original source and not act if you (I mean the OP parker k) wrote it yourself.


The part is taken from Grek Parker's 2011 Book Vultures' Picnic.


source: http://content.yudu.com/Library/A1urjl/VulturesPicnicChapte/resources/27.htm


Even though it was published in 2011, the Zambian president he is talking about is Frederick Chiluba, who passed away in 2011 but had left office (and power) in 2002.


It is true, that he bought stuff in as Swiss Boutique, http://www.basil-boutique.ch/, for USD 500'000.00, but this does contradict the writers point, about Switzerland not having an industry. Industry has become far less important in gaining weath, than the writer thinks. Where is the industry in facebook buying whatsup for 18 billion?


Furthermore, the text mentions Credit Suisse as the Swiss laundromat. Even though I can't be sure, that said politician never had a account at Credit Suisse, further sources claim, that the account was openend at ABN-AMRO in Switzerland, which is a Dutch owned bank, and the KBC Bank Brugge in Bruges, Belgium. The money then landed in banks in London, UK.


http://www.assetrecovery.org/kc/node/4ec2e572-cd77-11dc-b471-db7db47931e5.0;jsessionid=C7ED86B3747DCCCB2269C82A3D70BD04


http://issuu.com/world.bank.publications/docs/9780821388693_part2/109


http://maravi.blogspot.ch/2007/06/london-court-dismisses-chilubas-appeal.html


"Facts are stubborn things" John Adams

The text you are quoting:

If you copy paste someone else's work, it at least is polite to cite the original source and not act if you (I mean the OP parker k) wrote it yourself.


The part is taken from Grek Parker's 2011 Book Vultures' Picnic.


source: http://content.yudu.com/Library/A1urjl/VulturesPicnicChapte/resources/27.htm


Even though it was published in 2011, the Zambian president he is talking about is Frederick Chiluba, who passed away in 2011 but had left office (and power) in 2002.


It is true, that he bought stuff in as Swiss Boutique, http://www.basil-boutique.ch/, for USD 500'000.00, but this does contradict the writers point, about Switzerland not having an industry. Industry has become far less important in gaining weath, than the writer thinks. Where is the industry in facebook buying whatsup for 18 billion?


Furthermore, the text mentions Credit Suisse as the Swiss laundromat. Even though I can't be sure, that said politician never had a account at Credit Suisse, further sources claim, that the account was openend at ABN-AMRO in Switzerland, which is a Dutch owned bank, and the KBC Bank Brugge in Bruges, Belgium. The money then landed in banks in London, UK.


http://www.assetrecovery.org/kc/node/4ec2e572-cd77-11dc-b471-db7db47931e5.0;jsessionid=C7ED86B3747DCCCB2269C82A3D70BD04


http://issuu.com/world.bank.publications/docs/9780821388693_part2/109


http://maravi.blogspot.ch/2007/06/london-court-dismisses-chilubas-appeal.html


"Facts are stubborn things" John Adams


Alan S, Feb 24, 2014 @ 15:41
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 4

Alan to the rescue! trying to save the Swiss's image of harbouring nazi gold, being a sock puppet for the WTO and IMF and basically large scale money laundering scam


As for the comment about industry...part of the reason why the world is fucked is that there is  NO real industry just money going back and forth for the benefit of the uber-rich...And its also starnge that the rising economies are actually based on MAKING tangible/real life things


"Even though I can't be sure, that said politician never had a account at Credit Suisse..." And ironically using  aquote about FACTs...If you are NOT sure it aint a FACT


Poor attempt Alan...come back with better arguments

The text you are quoting:

Alan to the rescue! trying to save the Swiss's image of harbouring nazi gold, being a sock puppet for the WTO and IMF and basically large scale money laundering scam


As for the comment about industry...part of the reason why the world is fucked is that there is  NO real industry just money going back and forth for the benefit of the uber-rich...And its also starnge that the rising economies are actually based on MAKING tangible/real life things


"Even though I can't be sure, that said politician never had a account at Credit Suisse..." And ironically using  aquote about FACTs...If you are NOT sure it aint a FACT


Poor attempt Alan...come back with better arguments


parker k, Feb 24, 2014 @ 17:53
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 5

Alan to the rescue! trying to save the Swiss's image of harbouring nazi gold, being a sock puppet for the WTO and IMF and basically large scale money laundering scam

As for the comment about industry...part of the reason why the world is fucked is that there is  NO real industry just money going back and forth for the benefit of the uber-rich...And its also starnge that the rising economies are actually based on MAKING tangible/real life things

"Even though I can't be sure, that said politician never had a account at Credit Suisse..." And ironically using  aquote about FACTs...If you are NOT sure it aint a FACT

Poor attempt Alan...come back with better arguments


Feb 24, 14 17:53

The burden of proof is on that person, who makes the claim. You claimed, that Credit Suisse was used to wash money. Even now, when I showed evidence from the actual report that it was not Credit Suisse but ABN-AMRO where the money went and no mention of Credit Suisse is made there, you keep on pressing your point (whatever that point should be, because your argument is unintelligible).


You further use the word "sock puppet" but seem to have no knowledge, of what that word means. You claim further, that WTO and IMF are part of a "large scale money laudering scam" but have no evidence and I doubt from your former posts, that you even have a clue what you are talking about. Do you even know, what the WTO and IMF do?


Carl Sagan said: "Extraordinary claims require extraordinary evidence". Having a trading organisation being involved in a "large scale money laundering scam" is an extraordinary claim. So bring some evidence (not that I am holding my breath).


Then claiming that only "real industry" produces wealth is asinine. Bill Gates is one of the richest men alive and hardly any of his wealth comes from "real industry".


 

The text you are quoting:

The burden of proof is on that person, who makes the claim. You claimed, that Credit Suisse was used to wash money. Even now, when I showed evidence from the actual report that it was not Credit Suisse but ABN-AMRO where the money went and no mention of Credit Suisse is made there, you keep on pressing your point (whatever that point should be, because your argument is unintelligible).


You further use the word "sock puppet" but seem to have no knowledge, of what that word means. You claim further, that WTO and IMF are part of a "large scale money laudering scam" but have no evidence and I doubt from your former posts, that you even have a clue what you are talking about. Do you even know, what the WTO and IMF do?


Carl Sagan said: "Extraordinary claims require extraordinary evidence". Having a trading organisation being involved in a "large scale money laundering scam" is an extraordinary claim. So bring some evidence (not that I am holding my breath).


Then claiming that only "real industry" produces wealth is asinine. Bill Gates is one of the richest men alive and hardly any of his wealth comes from "real industry".


 


Alan S, Feb 24, 2014 @ 18:09
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 6

I am believe Alan vote with the UDC initiative, he will defend this and write a long rebutal, so long no on will read it because that just get board of his 'cut and paste' and follow like sheep views ie. Swiss are right, as long as we keep prividing services that the Rich need. FACT : Swiss are not rich, its all the foreigners that bring all the wealth, How they do, GET A CLUE. KEEP THE RICH AND BLAME THE POOR, but really the reall probelms are from the BANKERS, like UBS executives that get huge bonus, even after one year after the company was almost bankrupt and bailed out by the Swiss Government (tax payers).


Alan are you a Swiss BWanker?

The text you are quoting:

I am believe Alan vote with the UDC initiative, he will defend this and write a long rebutal, so long no on will read it because that just get board of his 'cut and paste' and follow like sheep views ie. Swiss are right, as long as we keep prividing services that the Rich need. FACT : Swiss are not rich, its all the foreigners that bring all the wealth, How they do, GET A CLUE. KEEP THE RICH AND BLAME THE POOR, but really the reall probelms are from the BANKERS, like UBS executives that get huge bonus, even after one year after the company was almost bankrupt and bailed out by the Swiss Government (tax payers).


Alan are you a Swiss BWanker?


Dave G, Feb 24, 2014 @ 19:50
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 7

The burden of proof is on that person, who makes the claim. You claimed, that Credit Suisse was used to wash money. Even now, when I showed evidence from the actual report that it was not Credit Suisse but ABN-AMRO where the money went and no mention of Credit Suisse is made there, you keep on pressing your point (whatever that point should be, because your argument is unintelligible).

You further use the word "sock puppet" but seem to have no knowledge, of what that word means. You claim further, that WTO and IMF are part of a "large scale money laudering scam" but have no evidence and I doubt from your former posts, that you even have a clue what you are talking about. Do you even know, what the WTO and IMF do?

Carl Sagan said: "Extraordinary claims require extraordinary evidence". Having a trading organisation being involved in a "large scale money laundering scam" is an extraordinary claim. So bring some evidence (not that I am holding my breath).

Then claiming that only "real industry" produces wealth is asinine. Bill Gates is one of the richest men alive and hardly any of his wealth comes from "real industry".

 


Feb 24, 14 18:09

Well as I quoted Greg Palast --- Not Grek Parker...maybe that was some weird attempt at humour HE is the one who should provide the proof...But hey an award winning investigative journalist doesnt know what the hell he's talking about while you as a non-entity do?


Well you only have to look at the dot com bubble to understand that if a business doesnt actually serve a useful purpose it will implode. As most of the money supply is based on debt and NOT a real product or service its perfectly legitimate to question its viability its usefulness.


Unless you are creating or producing you are effectively just shifting around a debt or increasing that debt

The text you are quoting:

Well as I quoted Greg Palast --- Not Grek Parker...maybe that was some weird attempt at humour HE is the one who should provide the proof...But hey an award winning investigative journalist doesnt know what the hell he's talking about while you as a non-entity do?


Well you only have to look at the dot com bubble to understand that if a business doesnt actually serve a useful purpose it will implode. As most of the money supply is based on debt and NOT a real product or service its perfectly legitimate to question its viability its usefulness.


Unless you are creating or producing you are effectively just shifting around a debt or increasing that debt


parker k, Feb 24, 2014 @ 20:18
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 8

I organised over 100 events on Glocals. I don't need to be lectured by the likes of you.


No, I did not vote vor the UDC iniciative and I never have voted for any member of the UDC, not in over 20 years.


But to be honest, there are people like you, who I think we could do without in my country. I am rational enough to understand, that foreingers enrich our society but not stupid enough to let everyone in.


I reported your post due to your insult.


 

The text you are quoting:

I organised over 100 events on Glocals. I don't need to be lectured by the likes of you.


No, I did not vote vor the UDC iniciative and I never have voted for any member of the UDC, not in over 20 years.


But to be honest, there are people like you, who I think we could do without in my country. I am rational enough to understand, that foreingers enrich our society but not stupid enough to let everyone in.


I reported your post due to your insult.


 


Alan S, Feb 24, 2014 @ 20:26
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 9

Well as I quoted Greg Palast --- Not Grek Parker...maybe that was some weird attempt at humour HE is the one who should provide the proof...But hey an award winning investigative journalist doesnt know what the hell he's talking about while you as a non-entity do?

Well you only have to look at the dot com bubble to understand that if a business doesnt actually serve a useful purpose it will implode. As most of the money supply is based on debt and NOT a real product or service its perfectly legitimate to question its viability its usefulness.

Unless you are creating or producing you are effectively just shifting around a debt or increasing that debt


Feb 24, 14 20:18

So I am an "non-entity" that exists only in your imagination. You might need some medication then... IDTIMWYTIM.


There was also a bubble in the real estate market. Does that mean, that real estate is not real?


If you pay me 100 CHF to teach you French cuisine, how is this shifting debt or increasing that debt?

The text you are quoting:

So I am an "non-entity" that exists only in your imagination. You might need some medication then... IDTIMWYTIM.


There was also a bubble in the real estate market. Does that mean, that real estate is not real?


If you pay me 100 CHF to teach you French cuisine, how is this shifting debt or increasing that debt?


Alan S, Feb 24, 2014 @ 20:34
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 10

I organised over 100 events on Glocals. I don't need to be lectured by the likes of you.

No, I did not vote vor the UDC iniciative and I never have voted for any member of the UDC, not in over 20 years.

But to be honest, there are people like you, who I think we could do without in my country. I am rational enough to understand, that foreingers enrich our society but not stupid enough to let everyone in.

I reported your post due to your insult.

 


Feb 24, 14 20:26

Wow, you are the one who keep lecturing everyone.


Personal insults like yours:


'likes of you'


'people like you'


'not stupid enougth to let everyone in'


Like you know who is the right people, you are so oppinionated and just rant and rave.


100 events in 7 year, wow, impressed. you must be a Basel glocals Gold star organizer.

The text you are quoting:

Wow, you are the one who keep lecturing everyone.


Personal insults like yours:


'likes of you'


'people like you'


'not stupid enougth to let everyone in'


Like you know who is the right people, you are so oppinionated and just rant and rave.


100 events in 7 year, wow, impressed. you must be a Basel glocals Gold star organizer.


Dave G, Feb 24, 2014 @ 20:39
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 11

How is "likes of you" and "people like you" an insult?


Rant and rave? This coming from you must be like the word of god...


100+ events in less than a year, what did you do positive?

The text you are quoting:

How is "likes of you" and "people like you" an insult?


Rant and rave? This coming from you must be like the word of god...


100+ events in less than a year, what did you do positive?


Alan S, Feb 24, 2014 @ 20:53
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 12

My activities (time and money) include many charity of Orphan aid African, Terre des homme, Feed the Feedy, Make a wish foundation, Carrefour-Rue, volunteer Geneva, adviosry board member for few charites. some benefiting swiss and outside CH.

The text you are quoting:

My activities (time and money) include many charity of Orphan aid African, Terre des homme, Feed the Feedy, Make a wish foundation, Carrefour-Rue, volunteer Geneva, adviosry board member for few charites. some benefiting swiss and outside CH.


Dave G, Feb 24, 2014 @ 21:09
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 13

oh, i forgot the my participation in charities in Lions International, Red cross, Meyrin Propre (annual community activity to clean the streets and neighborhood),  Scouting leadership, www.aidphilippines.com (contribution of 1000 tents and cots and blankets.).

The text you are quoting:

oh, i forgot the my participation in charities in Lions International, Red cross, Meyrin Propre (annual community activity to clean the streets and neighborhood),  Scouting leadership, www.aidphilippines.com (contribution of 1000 tents and cots and blankets.).


Dave G, Feb 24, 2014 @ 21:23
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 14

The burden of proof is on that person, who makes the claim. You claimed, that Credit Suisse was used to wash money. Even now, when I showed evidence from the actual report that it was not Credit Suisse but ABN-AMRO where the money went and no mention of Credit Suisse is made there, you keep on pressing your point (whatever that point should be, because your argument is unintelligible).

You further use the word "sock puppet" but seem to have no knowledge, of what that word means. You claim further, that WTO and IMF are part of a "large scale money laudering scam" but have no evidence and I doubt from your former posts, that you even have a clue what you are talking about. Do you even know, what the WTO and IMF do?

Carl Sagan said: "Extraordinary claims require extraordinary evidence". Having a trading organisation being involved in a "large scale money laundering scam" is an extraordinary claim. So bring some evidence (not that I am holding my breath).

Then claiming that only "real industry" produces wealth is asinine. Bill Gates is one of the richest men alive and hardly any of his wealth comes from "real industry".

 


Feb 24, 14 18:09

Not that I agree with assertions of parker k and Dave G, but here is some evidence.


Some evidence:


http://www.justice.gov/opa/pr/2009/December/09-ag-1358.html


'Credit Suisse AG, a Swiss corporation headquartered in Zurich, has agreed to forfeit $536 million to the United States and to the New York County District Attorney’s Office in connection with violations of the International Emergency Economic Powers Act (IEEPA) and New York state law. The forfeiture is the largest ever entered against an entity for IEEPA violations.


The violations relate to transactions Credit Suisse illegally conducted on behalf of customers from Iran, Sudan and other countries sanctioned in programs administered by the Department of the Treasury’s Office of Foreign Assets Control (OFAC).


A criminal information was filed today in the U.S. District Court for the District of Columbia charging Credit Suisse with one count of violating the IEEPA.  Credit Suisse waived indictment, agreed to the filing of the information, and has accepted and acknowledged responsibility for its criminal conduct.  Today, Credit Suisse also entered into an agreement with OFAC to settle the apparent civil violations of IEEPA and other authorities arising from this conduct. Credit Suisse agreed to forfeit the funds as part of the deferred prosecution agreements reached with the Department of Justice and the New York County District Attorney’s Office and in settlement of the civil claims with OFAC....


 


 

The text you are quoting:

Not that I agree with assertions of parker k and Dave G, but here is some evidence.


Some evidence:


http://www.justice.gov/opa/pr/2009/December/09-ag-1358.html


'Credit Suisse AG, a Swiss corporation headquartered in Zurich, has agreed to forfeit $536 million to the United States and to the New York County District Attorney’s Office in connection with violations of the International Emergency Economic Powers Act (IEEPA) and New York state law. The forfeiture is the largest ever entered against an entity for IEEPA violations.


The violations relate to transactions Credit Suisse illegally conducted on behalf of customers from Iran, Sudan and other countries sanctioned in programs administered by the Department of the Treasury’s Office of Foreign Assets Control (OFAC).


A criminal information was filed today in the U.S. District Court for the District of Columbia charging Credit Suisse with one count of violating the IEEPA.  Credit Suisse waived indictment, agreed to the filing of the information, and has accepted and acknowledged responsibility for its criminal conduct.  Today, Credit Suisse also entered into an agreement with OFAC to settle the apparent civil violations of IEEPA and other authorities arising from this conduct. Credit Suisse agreed to forfeit the funds as part of the deferred prosecution agreements reached with the Department of Justice and the New York County District Attorney’s Office and in settlement of the civil claims with OFAC....


 


 


Translator, Feb 24, 2014 @ 21:26
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
Only members can see photos
Only members can see names and photos
Re: Geneva - home of the worlds most respectable laundromat
Post 15

I never claimed, that Credit Suisse never did anything wrong.


Parker K posted a claim that CS washed money from the former president of Zambia when in fact it weren't Swiss banks washing that money, but British and other EU banks. Parker K claims to be from the UK but blasts a Swiss bank for crimes done by an non-Swiss bank?

The text you are quoting:

I never claimed, that Credit Suisse never did anything wrong.


Parker K posted a claim that CS washed money from the former president of Zambia when in fact it weren't Swiss banks washing that money, but British and other EU banks. Parker K claims to be from the UK but blasts a Swiss bank for crimes done by an non-Swiss bank?


Alan S, Feb 25, 2014 @ 06:26
Your Reply:
Reply  Reply With Quote  Thank Poster
! Report to Admin
15 Replies | 2193 Views      |  Send to friend
 
 
 
Feedback Form