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SR. LOSES TRILLIONS IN NAKED SHORT MELTDOWN

HIGH-LEVEL CRIMINALS CREATE IMMINENT CATASTROPHE

Thursday 7 December 2006 14:39

TRILLIONS LOST IN ARTIFICIAL NAKED SHORT AGAINST USD

SCAMSTERS LOSE THEIR SHIRTS TRYING TO AVOID PAYING WANTA

By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York: www.worldreports.org. Press the ARCHIVE Button on the Home Page for Wanta Crisis reports since June 2006.

PRELIMINARY NOTE:
Our 3rd December posting was severely truncated at about 11.00pm UK time on 5th December
by NSA/CIA/Department of Homeland Security. The text of the _diary_ section from November 20th onwards was removed. The Editor restored the text in the middle of the night, and then added appropriately critical comments. Please revisit the posting dated 3rd December as it is directly relevant to what follows. In addition to interfering with our posting dated 3rd December, the above parties REMOVED the entire text of our posting dated 2nd September 2006 entitled: _NEW: HUGE GLOBAL BENEFITS OF THE WANTA PLAN_.

This posting contained predictions of the _win-win_ benefits of the Wanta Plan, as well as a summary of the extremely adverse consequences if it were not to be implemented (because of the corrupt operations described in successive postings on this website).

THE REASON THAT OUR ECONOMIC ANALYSIS DATED 2ND SEPTEMBER _ WHICH WAS APPENDED TO THE POSTING OF 3RD DECEMBER _ WAS DELETED, WAS BECAUSE ITS PREDICTIONS HAVE TURNED OUT TO BE ACCURATE. They describe exactly what is happening RIGHT NOW. The Editor has restored both postings, but we urge you to review the 2nd September posting again because a number of appropriately barbed comments have been added there as well.

IN READING WHAT FOLLOWS, NOTE THE FOLLOWING EQUATION:

1. Without the Iraq War, which started as a bank raid, there is no way they can continue hiding the illegal money.

2. Without the $4.5 trillion payment to Ambassador Leo Wanta/his Virginia-based AmeriTrust Groupe, Inc. [see coordinates at foot of article], there is no way they can make use of the illegal monies they have _earned_.

WHY SR WAS SEEN WEEPING ON TV: HE_D JUST LOST TRILLIONS:
HIS EMPIRE HAD JUST BEEN DESTROYED BY A NAKED SHORT OP.
We are now in a position to provide the international financial community with a summary of some of the key developments in the dollar crisis, which are not being report in the _mainstream_ media. The crisis, which is now almost certain to become the biggest financial catastrophe in human history, has arisen specifically and solely because the criminal operatives holding past and present high office in the United States thought they could continue their off-balance sheet fiat money scamming operations as though it is _Business as Usual_, and avoid remitting Ambassador Leo Wanta and his Virginia-based AmeriTrust Groupe, Inc., the $4.5 trillion tagged and earmarked in their names, and illegally retained at Goldman Sachs.

Apart from the $1.0 trillion worth of US currency held by the Chinese in their foreign exchange reserves, and lesser amounts held as official reserves with other key central banks, the Ambassador_s $4.5 trillion are the _only_ hard dollars cash available. Because of the impact of our last report [3rd December 2006], and in the context of the horrifying developments reported below, and other horrendous developments not reported here, the Chinese cannot even change these dollars into other convertible currencies on the scale that they need to do, if they are not to lose almost the entire value of them, when the US dollar collapses, as is about to happen.

WHAT THESE RECKLESS CRIMINALS HAVE ACTUALLY BEEN DOING
Here is what has taken place in recent days. Using the money stolen via the deceitful, fraudulent Treasury _data burst_ of 17th November 2006 as explained in our posting on this website on 3rd December [see ARCHIVE], plus funds that the official US criminal operatives have been siphoning offshore through their fraudulent trading operations, the criminal operatives (who are named below) ALSO borrowed against CREDIT DERIVATIVE INSTRUMENTS, creating a pool of funds with which to buy US dollars and sell the EU Collective Currency, with a view to taking the profits (usually ranging between 10% and 15%) between the values.

The resulting profit pool was being run by Deutsche Bank in Berlin, Geneva and Frankfurt and was being used to drive down the overall valuations of UBS, Credit Suisse and key French banks _ the objective being to create such profound economic and financial problems for these banks that their valuations would be reduced to such a marked extent that Deutsche Bank, in particular, could then buy them up cheaply.

This confirms our own suspicions, which have become clearer in recent months, that the Swiss institutions, have understood the geopolitical objectives of Deutsche Bank, which is allegedly the primary institution used by Deutsche Verteidigungs Dienst (DVD), Dachau, in craven pursuit of its Nazi Continuum global hegemony strategy. The Pan-German Nazis appear to have become rather disillusioned with the Swiss instinct for eternal independence, and the Swiss institutions have become aware of long-range German strategic intentions with respect to Switzerland_s prized and ancient political independence.

ARTIFICIAL NAKED SHORT POSITION AGAINST THE U.S. DOLLAR
A very senior European banker, well known to Ambassador Wanta and to Michael C. Cottrell, the Treasurer of AmeriTrust Groupe, Inc, strenuously warned the criminal operatives concerned (see below) not to create AN ARTIFICIAL NAKED SHORT AGAINST THE US DOLLAR by using borrowed money for the purpose _ i.e., naked gambling the integrity of the dollar: but these madmen went ahead with this scheme anyway. The European banks, being no fools, figured out what they were up to; and when Ambassador Wanta was again NOT PAID the $4.5 trillion on 20th November 2006, the European banks took immediate action to dump their dollars on a large scale.

When a gambler undertakes a NAKED SHORT, he loses BOTH the money contributed for the gamble AND the money borrowed as well. In other words, a NAKED SHORT gambler LOSES TWICE HIS MONEY, or far more than that, depending on whatever leveraging input he was using.

And that is what happened, following dissemination worldwide of our posting dated 3rd December 2006. So when George Herbert Walker Bush Sr. was televised weeping at a podium in Florida, guess why he was weeping?

BECAUSE HE HAD JUST LOST A GOODLY PROPORTION OF THE FIAT 370 TRILLION DOLLARS THAT HE HAD PREVIOUSLY CONTROLLED, DUE TO THE MINDLESS, RECKLESS NAKED SHORT TRANSACTION.

OFFICIAL U.S. CRIMINAL OPERATIVES WITH RED FACES
The perpetrators (culprits) who perpetrated this historically unprecedented coup AND LOST THEIR SHIRTS, leaving the wretched United States and the whole world vulnerable to an imminent meltdown, include the following conspirators:

_ President George W. Bush Jr.
_ Former President H. W. Bush Sr.
_ Former President W J Clinton.
_ Senator Hillary Clinton
_ John Negroponte, Director of National Intelligence
_ General Michael Heyden, Director of Central Intelligence
_ Secretary of the Treasury Hank (_Conflict-of-Interest_) Paulson
_ Federal Reserve Board Chairman Dr Ben S. Bernanke, and key Board Members
_ Wachovia Bank/First Union Bank, New York
_ Bank of America, Los Angeles
_ HSBC, United Kingdom
_ The Bank of England
_ Deutsche Bank, Frankfurt, Berlin and Geneva.

The conspirators got caught in mid-play, and lost their shirts and trillions upon trillions of dollars, as a direct consequence of our authorised posting dated 3rd December 2006 [see ARCHIVE]. Their NAKED SHORT transaction failed.

WACHOVIA, B of A NOW SAID TO BE TECHNICALLY BANKRUPT
While former President George H. W. Bush Sr. wept for himself and on behalf of the DVD, of which he is allegedly the head, before the television cameras, one of the key investigators working with the Ambassador brought in the CIA (under USA Patriot Act etc legislation) to undertake certain measures to stave off the bankruptcy of Wachovia Bank and Bank of America (which is in fact the CIA_s main banking arm).

At midnight European time on 5th-6th December, the Bank of Spain and Santander Bank agreed to get their representatives together in Geneva, with representatives of the Federal Reserve and, it is believed, the Treasury. The purpose of the gathering was to be to _work out_ means of enabling the Federal Reserve, the Treasury and key US institutions to _stay solvent_.

On 6th December, the Boards of Directors of Wachovia Bank and Bank of America met to plan a merger, but essentially only agreed to agree to come to a decision. They may have no time even to prepare the relevant documents before their respective roofs fall in. Tiles were already crashing to the ground all day on the 6th.

OFF-BALANCE SHEET FUNDS MATERIALISE AT SANTANDER BANK
Meanwhile, ALL OF A SUDDEN, funds appeared from OFF THE BOOKS (please make a note of this, in view of what follows) at Santander Bank, which were available to collateralise a transaction through Union Bank of Switzerland and Credit Suisse ostensibly to facilitate payment of the $4.5 trillion to Ambassador Leo Wanta, via a syndication of large banks consisting of Bank of America, Wachovia Bank and J. P. Morgan, to be arranged by Banco de Espana (Central Bank of Spain). This crazy bank syndication is being put together _as we speak_.

According to European bankers who are in a position to gauge the situation accurately, the reverberations of the NAKED SHORT catastrophe will hit the United States this Friday, 8th December 2006.

The syndication arrangement is being put together in extremis and under duress by the conspirators, in order to save their backsides and all other parts of their anatomies. They choose to overlook the fact that the Ambassador/AmeriTrust Groupe, Inc, are the only parties on the stage owning legitimate money. All other parties are dealing in illegitimate fiat _funny_ money which is derivatives-based, collateralised, and hypothecated out to infinity.

DERIVATIVES OVERHANG ESTIMATED AT $1,140 TRILLION
While it is complacently alleged by some that the volume of derivatives contracts outstanding is worth anything from $370 trillion (the volume putatively owned before the NAKED SHORT fiasco by George Bush Sr. (DVD)), and other estimates put the derivatives overhang at around $770 trillion, the actual volume of the overhang is estimated by the Ambassador and Mr Cottrell as being of the order of $1,140 trillion.

However since these transactions are untaxed and handled off-balance sheet, there is no way to prove the aggregate amount outstanding. The entire derivatives _Ponzi Game_ pyramid is now at risk, and in any case, only those in at the base of the pyramid have a melting icicle_s chance in hell of ever getting paid.

And hell is where we are all now headed, thanks to the rampant, uncontrolled criminality of the perpetrators listed above, their criminalised intermediary associates, and the corrupt banks which thought the music would never stop.

WHAT IS WRONG WITH THIS DEAL?
IT_S A TRAP AND ANOTHER SCAM, NATURLICH: SO IT AIN_T GONNA GO NO PLACE
Let us briefly review what is _wrong_ with the _deal_ that the perpetrators intend to _impose_ upon the Ambassador as a _fait accompli_:

_ NUMBER ONE: This is a scam built to implode BECAUSE IT STARTS OFF WITH OFF-BALANCE SHEET FUNDS AND VIOLATES _SOURCES OF FUNDS_, SO THAT IT WILL BE STOPPED AT THE FIRST TRANCHE.
The _source of funds_ is illegitimate.

_ NUMBER TWO: When the first tranche is duly stopped, the criminal operatives will say: _OH, GEE, WE PAID YOU. WHAT A PITY YOU DON_T HAVE ANY MONEY_. That is the intention, and the purpose of this posting is to make it quite clear to the international financial community that the Ambassador and Michael C. Cottrell, M.S., will have NOTHING TO DO WITH THIS DESPERATE SCAM WHATSOEVER. If asked, Mr Cottrell will advise the conspirators where to put it.

_ NUMBER THREE: The transaction is not intended to be paid into the Leo Wanta/AmeriTrust Groupe, Inc.'s securities account with Morgan Stanley, New York, but rather to the custody of a bank: and neither of the Principals will deal with defrauding bankers. The history of their recent behaviour speaks for itself.

By way of an interjection here, on 1st December 2006, President George W. Bush Jr. demanded that certain foreign Ambassadors to the United States be recalled to their home capitals. The foreign powers concerned responded, in unison, that they would not adhere to this demand. In other words, the President was given a _flea in his ear_.

The Ambassadors that George Bush II wanted out of the way were _ SURPRISE, SURPRISE, SURPRISE _ the Ambassadors who have been talking to Leo Wanta.

CHINESE STAND TO LOSE VALUE OF THEIR REAL $1.0 TRILLION
Having been notified of this latest Bush II Administration payment scam, AmeriTrust Groupe, Inc, has asked to speak directly to the relevant Chinese official parties. The Chinese now face the severe risk that the value of their $1.0 trillion, which they cannot dump anywhere in any quantity, will be reduced to a paltry amount in the near future, as a direct consequence of this rolling criminal financial crisis. Mr Paulson, who has signature authority over the REAL HARD CASH $4.5 TRILLION THAT IS OWNED, TAGGED AND EARMARKED FOR Ambassador Leo Emil Wanta and his AmeriTrust Groupe, Inc, is continuing, like an automaton, to drive the dollar downwards, hoping to stitch up some kind of deal next week in Beijing. The Ambassador and his Treasurer, Michael C. Cottrell, M.S., await the Chinese parties_ response. If they are to hang on to the value of their $1.0 trillion, they will need to avoid the familiar temptation to countenance any delay. Otherwise they, like the rest of us, will be crucified.

The approach to the Chinese parties was made on 4th December, when AmeriTrust Groupe, Inc. submitted a formal request for assistance to the People_s Republic of China, in the mutual interest, so as to ensure that both the United States and China do not suffer the same fate in the immediate future. The formal request contains the following statement, which the Editor of International Currency Review is authorised to cite verbatim:

_Our efforts since June 2006 to secure this economic receipt via the Department of the US Treasury have proven to have been futile_.

SCAMS AIMED AT NON-PERFORMANCE OF WANTA SETTLEMENT _
SO THAT GOLDMAN SACHS (ISRAEL) KEEPS THE $4.5 TRILLION
This latest scam, together will all the earlier scams, and the naked short operation, are and have been associated with the perpetrators_ continuing intention not to pay the Ambassador the $4.5 trillion formally agreed on 12th December 2005, and signed off by President Bush Jr. himself, by
the US Treasury Secretary du jour, by the Federal Reserve Chairman du jour, by Supreme Court Justices, and by leading US legislators. The signatures of all these people have turned out to be WORTHLESS AND FRAUDULENT, as all are in breach of the formal agreement in question.

By reneging on their formal, signed undertakings, these officials and legislators have jointly and severally destroyed the _Full Faith and Credit of the United States_. No-one can trust anything that US Treasury Secretary Paulson says or does any more, not least since he presides over the most outrageous and culpable conflict of interest in world financial history.

As the former CEO of Goldman Sachs, he holds signatory power over the Ambassador_s tagged
and earmarked $4.5 trillion, and has chosen to enable his former institution to hold on to the money. This is a criminal act, and implies that the State of Israel, along with Germany (because of the reckless agenda of DVD, Dachau), are the United States_ real, unrecognised enemies. Perhaps this crisis will force Americans to understand this reality at last, and to take the necessary steps to bring the de facto enmity of these two powers to a peremptory end.

The Editor, of International Currency Review, who has always been favourably disposed towards Israel, points out that if the American people get to understand the above reality, there will be a violent anti-Jewish backlash _ something that Goldman Sachs appears to have overlooked in its greed to hold on to the Ambassador_s real $4.5 trillion.

PREVARICATION BY CHINA, OR FAILURE BY PAULSON
TO ORDER THE $4.5 TRILLION TO BE CREDITED TO WANTA, WILL BE FATAL
Most informed observers _on the inside track_, tell us that if, for instance, the Chinese stall in their response to the Ambassador until next week - or Paulson does not release the $4.5 trillion which he and Goldman Sachs have effectively stolen, by next week - there will be an almighty Day of Reckoning beginning on the foreign exchange markets, triggering the dreaded global derivatives overhang implosion, and rocking stock markets all around the world. It is never possible to be
sure when such developments happen, but what is usually the case is that one or a combination
of events triggers a systemic cascading effect, which is what is now expected.

The fact that the _mainstream_ media are not covering this millennial crisis is not interesting. Whether financial journalists other than poor Bill Plante, of CBS News (see 3rd December posting) are being intimidated by the Bush Administration_s thugs, is not known. What the events since June 2006 demonstrate in our context is that the _mainstream_ media is completely irrelevant. It has missed the boat and, like the rest of us, will be left to pick up the pieces.

Its editors will want to know why this crisis has been ignored by their brainwashed writers, and will get no coherent answers.

BANKERS FLY TO CORRUPT SPANISH LAST CHANCE SALOON
It is understood that representatives from Wachovia Bank, Bank of America and JP Morgan Chase, are flying urgently to Spain, to stitch this latest scam together with the Bank of Spain and Santander Bank. This posting puts all parties on notice that the scam will not _fly_ and that the Ambassador and his Treasurer will not be parties to it. It cannot be imposed upon them without their consent, and this consent is withheld.

SUBSIDIARY AND PARALLEL POINTS OF RELEVANCE:
_ US intelligence operatives admitted on 6th December that the National Security Agency (NSA) has been systematically attacking and shutting down the computers of Ambassador Leo Wanta and Michael C. Cottrell, M.S.. In fact the Editor is aware that the NSA has been attacking Mr Cottrell_s computers non-stop since April, this year, if not much earlier. The way this is done, and the use of NSA computer-targeting ops to steal business, are described in the recently published double issue of International Currency Review, which has exposed a great deal of the illegal activity which is now on its last legs. It_s too bad these criminals didn_t clean up their act sooner.

_ Our posting dated 3rd December, which stated the facts then known accurately,
is directly responsible for triggering these latest ramifications. It must therefore be sharply pointed out that the chaos which is now ensuing or imminent is directly and exclusively the consequence of criminal financial operations conducted inter alia by the perpetrators named above. We are merely observers and reporters.

_ Tony Blair, the British Prime Minister, is visiting Washington _as we speak_. He
is reported to be aware of the situation, but is not equipped to have a clue what to
do about it. The Chancellor of the Exchequer_s staff failed to communicate with the Editor of this service last week, as reported in our posting dated 3rd December. This was a grave error on their part.

_ US television viewers were denied, on 5th-6th December, grim scenes that were broadcast on Britain_s ITN Seven O_clock News on 5th December. Specifically, Jon Snow, the anchor, appeared in Baghdad, where he was televised under the _crossed swords monument_, among a very large column of stationery US military vehicles. American troops were pictured lolling against their vehicles, chewing gum and picking at their teeth with toothpicks. Jon Snow explained that the column could not risk travelling along the airport road in the daytime, and so was sitting there immobilised until very late at night, when travelling to the airport would be safer.

_ If this is the situation now, in two weeks_ time, the armoured vehicles and troops will ironically be stuck, immobilised beneath Saddam_s _crossed swords monument_, where of course they are a sitting target. It follows that the various documents being generated in Washington to yank the President off the hook on which he has impaled himself, and to salvage this catastrophic situation, are a complete waste of time.

_ The catastrophic failure of American power in Iraq coincides with the catastrophic failure of the Bush II Administration to order payment of Leo Wanta_s REAL HARD CASH $4.5 trillion , which will be used to provide the basis for a REFUNDING of the United States_ financially decadent (because debt-funded) economy. The awful combination of these two extreme crises, and their coincidence, spells the end of US military power and threatens to inflict a massive and very rapid decline in the standard of living of most Americans _ which could have revolutionary consequences.

_ The attack on Iraq was a bank raid. Among its key objectives were (a) to seize control of the Central Bank of Iraq and to seize its gold. We were informed two years or so ago that about 100 special operatives involved in this operation were killed when they were deliberately left _in harm_s way_ by the US military; but we now understand that this figure was much higher. These people were sacrificed so that they would not survive to report what happened. Knowledge of this assault, giga-theft and atrocity exists because the events were recorded by several Iraqi sources. The second objective (b) was to obtain control over Saddam Hussein_s _personal_ bank, Rafidain Bank, so that the General Management could be changed and then instructed to grant access to what we were told amounted to $17 trillion of assets, but which we now understand is a far higher figure. These assets are reported to be held at the London branch, and may have been frozen or stolen by the British authorities, who appear to be heavily involved in these scams.

_ The Rest of the World, led by China, will go down the toilet with the United States as a direct consequence of these criminals_ behaviour. The EU Collective Currency will be unable to handle the pressure, and will itself implode, after an appreciation against the degraded US dollar which will blow the European Union Collective apart.

Ambassador Leo Emil Wanta: Diplomatic Passport Numbers 04362 & 12535 a.k.a. Frank B. Ingram [FBI] (Sector V) SA32NV; and a.k.a. Rick Reynolds, SA233MS. AmeriTrust Groupe, Inc: Federal EIN Number 20-3866855; Virginia State Corporation Identification Number: 0617454-4; Virginia State Department of Taxation Identification Number: 30203866855F001.

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