The vultures in and around Ukraine

POSTED BY: SIGNYM
UPDATED: Tuesday, December 30, 2025 16:46
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SIGNYM

Sunday, March 22, 2015 9:24 AM

Ukraine and the Rothschild Family

A group of large international investors buy out Ukrainian government’s securities. Franklin Templton is one of them. The investment group snapped up Ukrainian international debt with a face value of almost $5 billion at the end of August, nearly a fifth of the country's outstanding international government bonds.

Franklin Templton has all the makings of a «financial vulture». Until now the sum paid by it for 20% of Ukraine’s national debt remains to be a commercial secret. The vultures purchase the securities with low, almost junk, ratings at low prices to demand full payment from issuer afterwards. Argentina is a good example of vultures’ destructive activities. The country made a deal on restructuring with 95-97% of debt holders but the rest happened to be in the hands of financial vultures that spoiled it all by demanding full payment. The vultures (two US investment funds) started court proceedings to make Argentina default. The country may be mercilessly pillaged in case it complies with the ultimatums of vultures and the ruling of US court.

The story is a warning to Ukraine which has sold its securities to Franklin Templton. According to a recent Bloomberg report, the investment fund acts under US jurisdiction and is controlled by Rothschilds, the family known for its death grip.

Last year I wrote in my article The Financial Situation of Kiev Regime and Prospects for Ukraine’s Default that Ukraine may face the very same default that «will never come» according the assurances provided by Ukraine’s Prime Minister Arseniy Yatsenyuk. Some may lose billions, some may acquire unprecedented wealth. As the global experience shows, defaults are seldom impromptu. Normally they are planned. Sometimes the preparations may last for a few years. Ukraine is not an exclusion. It will default on its debts. The time will be defined by sponsors and modest beneficiaries of such organizations as Franklin Thompson. At the moment of writing the article I did not know their names. Now they have come into the open. It’s a sign that the drama is nearing its denouement.

The Rothschilds family has come up with an initiative to create a group of Ukrainian bonds holders to shape a common policy on debt settlement. Rothschild & Cie Banque, a French bank belonging to Rothschild Group, offered its service in the capacity of «go-between» in the talks of Ukraine’s Ministry of Finances and creditors on restructuring the debt. Now creditors are waiting for Kiev to put forward the proposals in mid-March, according to Giovanni Salvetti, Co-head of Russia and CIS at Rothschild Inc., who handles central and Eastern Europe and the Commonwealth of Independent States. Salvetti said there were two opinions among creditors about setting up the committee: those who want to wait and see what the government will say and those who want to set «some hard lines for the potential restructuring, like saying we’re looking for a proposal but be aware that we are not ready to accept X, Y, Z.»

The Bloomberg’s information is not detailed but it allows to make the following conclusions: first, the default of Ukraine is inevitable and the credit holders are aware of this fact, second, the default will be accompanied by restructuring on tough terms unfavorable for Ukraine.

One detail strikes an eye – the leak on the coming default and debt restructuring coincided with the announcement made by the International Monetary Fund that on March 11 it signed off on an USD17.5 billion loan for cash-strapped Ukraine to keep its economy afloat. The IMF loan is spread over four years within the framework of stabilization program. The coincidence may be interpreted in different ways.

Version one. There is no coordination between the International Monetary Fund and the Rothschild group; they vie for the control over the Ukraine’s economy.

Version two. It’s not a «genuine» decision» of the International Monetary Fund but rather a PR-action taken to prevent th

GEEZER

Sunday, March 22, 2015 9:38 AM

Oooh.

Provide cites for any of this anti-Semitic propaganda from a source that has no background except their website. Even Wikipedia has no information on Strategic Culture. Lookin' like another Russian maskirovka operation.

"When your heart breaks, you choose what to fill the cracks with. Love or hate. But hate won't ever heal. Only love can do that."

1KIKI

Sunday, March 22, 2015 9:43 AM

http://www.economist.com/news/finance-and-economics/21635015-controver
sial-strategy-bargain-hunting-bond-trader-where-others-fear
Since 2010, (Michael Hasenstab who manages $190 billion of government debt for Franklin Templeton) has been investing enthusiastically in Ukrainian government debt, and now owns $8.8 billion of the country’s $16 billion of international bonds

http://financial-dictionary.thefreedictionary.com/Vulture+Fund
Vulture Fund
Also found in: Wikipedia.
Vulture fund
A fund that buys distressed debt of commercial companies or sovereign nations at a cheap price and then often sues them for the entire value of the debt. The resemblance to vultures is because these funds profit from the debt of failing companies or poor nations.

http://www.reuters.com/article/2014/11/07/us-argentina-debt-lawsuit-id
USKBN0IR25220141107
The creditors in more than 100 lawsuits are seeking the same injunctive relief that U.S. District Judge Thomas Griesa granted to U.S. hedge funds that spurned Argentina's debt restructurings in 2005 and 2010, and then sued for full repayment of $1.33 billion plus interest.
Argentina defaulted in July after refusing to honor Griesa's orders that it pay the holdout hedge funds, led by NML Capital and Aurelius Capital Management ...

http://www.bloomberg.com/news/articles/2015-03-16/franklin-templeton-s
aid-to-hire-blackstone-for-ukraine-talks
... the Financial Times reported Franklin Templeton won’t accept a cut to its $7 billion bondholdings, citing people it didn’t identify ...

SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

1KIKI

Sunday, March 22, 2015 9:56 AM

I hope you're satisfied. Because you ceded your right to object to any links I post here, when you failed to list your criteria for 'objective evidence' and deferred to Signy's instead:

http://www.fireflyfans.net/mthread.aspx?bid=18&tid=59569&p=2

Q - What would YOU takes as 'objective evidence'?

A - I'll take the same evidence SignyM seems to ask for any time someone posts anything critical of Russia. Ask her what level of proof she demands.

So, YOU have no opinion? I don't want to be posting links and have you objecting to them with some new-found judgments. Speak now or forever void your option to dismiss my links.

SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

SIGNYM

Sunday, March 22, 2015 12:49 PM

Quote:
Originally posted by Geezer:
Oooh.

Provide cites for any of this anti-Semitic propaganda from a source that has no background except their website. Even Wikipedia has no information on Strategic Culture. Lookin' like another Russian maskirovka operation.

Hmmm... let's see, what's in the article that isn't true?

Did Franklin Templeton invest - and lose- a metric crap-ton of money in Ukraine?

Well, according to Business Insider Jan 12 2015-

Quote:
Michael Hasenstab at Franklin Templeton might not be the bond king, but he has a decent claim to the throne. His fund regularly outperforms markets and his peers. But he is probably not feeling so princely about his bet on Ukraine anymore ... According to The Economist, Hasenstab owns about half [The article I posted only claims a 20% ownership] of Ukraine's international bonds. He is the country's biggest private creditor.

http://www.businessinsider.com/michael-hasenstab-franklin-templeton-uk
raine-bond-losses-2015-1#ixzz3V5plxwwn

Is Argentina subject to vulture capital? Well, according to Bloomberg ...

Quote:
talks in Manhattan broke down between Argentina and some of its creditors, the most important a group of hedge funds led by billionaire Paul Singer. On July 30, when a last-ditch workaround failed and the deadline for interest payments of $539 million passed, Argentina went into default for the second time in 13 years.

How does a New Yorker help tip over the second-largest economy in South America a few weeks before his 70th birthday? By being stubborn, self-righteous, clever, and willing to take his decade-long fight against the country to a Las Vegas court, a Ghanaian seaport, weapons warehouses in Maryland, and at least two rocket launches.

http://www.bloomberg.com/bw/articles/2014-08-07/argentinas-vulture-pau
l-singer-is-wall-street-freedom-fighter

Is ROTHSCHILD gathering together holders of Ukrainian bond??? Well, according to Reuters march 5, 2015

Quote:
Rothschild looks to organize Ukraine bondholders ahead of talks
- Boutique investment firm Rothschild has invited investors to organize into a Ukraine creditor group ahead of a sovereign debt restructuring, sources directly familiar with the situation told Reuters.

Ukraine's eastern half, where much of its industry is based, is where government forces are battling pro-Russian separatists, putting the nation at risk of bankruptcy.

Last month, International Monetary Fund chief Christine Lagarde said Ukraine would receive about $40 billion in total funding over the next four years, nearly half from the IMF. Ukraine's finance ministry has said the package would include up to $15 billion from debt talks with creditors, which are expected to start next month.

http://www.reuters.com/article/2015/03/05/us-ukraine-debt-rothschild-i
dUSKBN0M12L620150305

Is Cie Banque part of Rothschild?

Quote:
Rothschild & Cie Banque is a French bank and belongs to Rothschild Group. It provides investment banking, asset management, and wealth management services in France.

https://en.wikipedia.org/wiki/Rothschild_%26_Cie_Banque

Are investment banks and oil companies... specifically Royal Dutch Shell and Rothschilds ... joined at the hip? Well, according to Global Research, not only did they share early funding ...

Quote:
In 1927 Royal Dutch Petroleum discovered oil at Seria off the coast of Brunei, whose Sultan would become the world’s richest man as a result of his loyalty to Royal Dutch. The Dutch and British monarchs who control Royal Dutch merged their company with the Oppenheimer and Samuel’s Shell Oil and Nobel and Rothschild’s Far East Trading and Royal Dutch/Shell was born. Queen Beatrix of the Dutch House of Orange and Lord Victor Rothschild are its two largest shareholders.

but have continuing

SIGNYM

Sunday, March 22, 2015 1:25 PM

MORE VULTURES: HILLARY CLINTON
Edited for brevity and clarity, but you can find the original at the link below

Quote:
When I first came across the title to this article, I didn’t think much of it. In fact, I almost didn’t even click the link thinking it was just a repeat of a prior expose ...

Fortunately, I did decide to take a look and pretty soon my jaw absolutely hit the floor. Although the Wall Street Journal didn’t play up the connection, I was stunned to see that of all the oligarchs connected to foreign governments who donated to the Clinton Foundation while she was Secretary of State, Ukraine was at the very top. [England was second, Saudi Arabia was third. Well, we know which way SHE'LL swing if she becomes Prez. Personally, I rather vote for Rand Paul than her! -SIGNY]

Between 2009 and 2013, including when Mrs. Clinton was secretary of state, the Clinton Foundation received at least $8.6 million from the Victor Pinchuk Foundation, according to that foundation, which is based in Kiev, Ukraine. It was created by Mr. Pinchuk, whose fortune stems from a pipe-making company. He served two terms as an elected member of the Ukrainian Parliament and is a proponent of closer ties between Ukraine and the European Union.

In 2008, Mr. Pinchuk made a five-year, $29 million commitment to the Clinton Global Initiative, a wing of the foundation that coordinates charitable projects and funding for them but doesn’t handle the money. The pledge was to fund a program to train future Ukrainian leaders and professionals “to modernize Ukraine,” according to the Clinton Foundation...

The Pinchuk foundation said ... that if Mr. Pinchuk was lobbying the State Department about Ukraine, “this cannot be seen as anything but a good thing.”

http://www.zerohedge.com/news/2015-03-21/clinton-foundation%E2%80%99s-
deep-financial-ties-ukrainian-oligarch-who-pushed-closer-ties-e

Who says you can't buy foreign policy?

Hey! I wonder if some of Victoria Nuland's $5B got recycled into Hillary's pocket??

--------------
You can't build a nation with bombs. You can't create a society with guns.

THGRRI

Sunday, March 22, 2015 8:21 PM

Bullshit propaganda Sig and nothing more. All one has to do is look at the other headlines and false claims to see what your sources' are about.

"Zero Hedge is a financial blog that aggregates news and presents editorial opinions from original and outside sources. It has been described as offering a "deeply conspiratorial, anti-establishment and pessimistic view of the world".

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management.

Your link has just hijacked the term for it's paper and goes to a propaganda machine. What they do is collect information and twist it so they may spread their ideas of conspiracy.

You spend hours cutting, pasting and spreading the lies of those who wish to influence others to think as they do. It is satisfying to witness with all your efforts not one person has been converted. It is a testament to their intelligence and a beacon shining a light onto your ignorance.

1KIKI

Sunday, March 22, 2015 10:46 PM

Originally posted by 1kiki:
So you REALLY DON'T CARE if the vast majority of people live short miserable lives while very few are astronomically wealthy and powerful, or if instead the vast majority have decent lives to look forward to. Well, now we know what you stand for.

Originally posted by THGRRI:
Your (sic) a fucking moron: who gives a shit?

SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

SIGNYM

Monday, March 23, 2015 12:50 AM

Quote:
Originally posted by THGRRI:
Bullshit propaganda Sig and nothing more. All one has to do is look at the other headlines and false clams to see what your sources' are about.

So now everything is "false reporting" except the MSM?

I find very little false reporting on Zerohedge. They get their news and their facts fast and straight. In this particular instance they were quoting the Wall Street Journal- a source I think even YOU would find reputable. Altho (as I have said before many times) their interpretations are a little cataclysmic.

Quote:
"Zero Hedge is a financial blog that aggregates news

A news aggregator.

Quote:
Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management.

Your link ...

Which one? Bloomberg? Business Insider?

Quote:
You spend hours cutting, pasting and spreading the lies ...

From Reuters? WSJ? You must really love Hillary.

Quote:
of those who wish to influence others to think as they do. It is satisfying to witness with all your efforts not one person has learned anything. It is a testament to their willful ignorance and their love of bacon

Fixed it for you.

--------------
You can't build a nation with bombs. You can't create a society with guns.

THGRRI

Monday, March 23, 2015 8:45 AM

Quote:
Originally posted by 1kiki:

Originally posted by 1kiki:
So you REALLY DON'T CARE if the vast majority of people live short miserable lives while very few are astronomically wealthy and powerful, or if instead the vast majority have decent lives to look forward to. Well, now we know what you stand for.

Originally posted by THGRRI:
Your (sic) a fucking moron: who gives a shit?

I see you are still lying about what people post or why. No matter, everyone here has experienced that with you. As a matter of fact, I can't remember the last time anyone had anything to say to you other than you are full of shit. Consider it said again.

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