Bank for International Settlements (BIS)
One Bank to Rule Them All: The Bank for International Settlements
The Bank has a Board of Directors, which “may have up to 21 members, including six ex officio directors, comprising the central bank Governors of Belgium, France, Germany, Italy, the United Kingdom and the United States. Each ex officio member may appoint another member of the same nationality. Nine Governors of other member central banks may be elected to the Board.”[2] BIS also has a management wing in the form of a General and Deputy General Manager, both of whom are responsible to the board and supported by Executive, Finance, and Compliance and Operational Risk Committees.
The origins of the BIS lie in the United States, specifically New York City. The individuals involved were international bankers who, despite past differences, “worked together to establish a world financial order that would incorporate the federal principle of the American central banking system.”[4] Specifically among them were people such as “Owen D. Young, J. Pierpont Morgan, Thomas W. Lamont, S. Parker Gilbert, Gates W. McGarrah, and Jackson Reynolds, who, in conjunction with the Federal Reserve Bank of New York, sought to extend the principle of central bank cooperation to the international sphere.”[5]Before delving any further into the creation of the Bank, it is necessary to examine some of the more notable of these individuals to better understand why they would be involved in the creation of an international bank.
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The BIS was established in 1930 by an intergovernmental agreement between Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States and Switzerland. It opened its doors in Basel, Switzerland on 17 May 1930.
The BIS was originally intended to facilitate reparations imposed on Germany by the Treaty of Versailles after World War I, and to act as the trustee for the German Government International Loan (Young Loan) that was floated in 1930. The need to establish a dedicated institution for this purpose was suggested in 1929 by the Young Committee, and was agreed to in August of that year at a conference at The Hague. A charter for the bank was drafted at the International Bankers Conference at Baden-Baden in November, and its charter was adopted at a second Hague Conference on January 20, 1930. According to the charter, shares in the bank could be held by individuals and non-governmental entities. However, the rights of voting and representation at the Bank’s General Meeting were to be exercised exclusively by the central banks of the countries in which the shares had been initially subscribed. The BIS was constituted as having corporate existence in Switzerland on the basis of an agreement with Switzerland acting as headquarters state for the bank. It also enjoyed certain immunities in the contracting states (Brussels Protocol 1936).
The Bank for International Settlements is connected to most of the world’s central banks and is siphoning off taxes and laundering the money in private Swiss bank accounts.
The BIS was established by London Bankers and Nazi businessmen. The BIS is involved in making international bank transfers and it is through discreet tax contracts like the Belgian Scheldt dues with the United States how they steal from nations.
The Italian nobility and the European monarchs claim to have shares in the corporate governments and are the ones siphoning off tax from the nations. They use this money to pay their foreign agents and their secret societies.
Even Hollywood is involved in this like the actor Don Johnson who was caught with 8 billion in transactions at the Swiss-German border. Banking in Switzerland is private and they are concealing billions in private accounts.
The Swiss Guard protects the Vatican today. The House of Savoy ruled over Geneva for centuries for the Vatican and Prince Vittorio Emanuele IV of Savoy has a residence in Geneva today. The Vatican and Switzerland are the only two nations on the planet that use a square shaped flag.
Prince Vittorio Emanuele IV, Prince Lorenz of Belgium, and Archduke Sigismund have all lived in Switzerland, worked bankers, and have Italian Nobility in their bloodlines. Lorenz and Sigismund also have Austrian noble lineages and Austrian Nobility helped to put the Nazis in power.
The Italian Fascists worked with the German Nazis. These three princes manage Switzerland for the Vatican and the Italian Nobility. Prince Lorenz of Belgium is of the House of Austria-Este, House of Savoy, and married into the Belgian royalty and has worked as a banker in Rome, Paris and London. Prince Lorenz is currently a managing partner at Gutzwiller Bank in Basel Switzerland right near the Bank for International Settlements in Basel which has three members of the board of directors from Italy.
Archduke Sigismund is the head of the Austrian House of Habsburg-Lorraine which have Medici blood through the Lorraine lineage of Christina of Lorraine and this is why he holds the title of Grand Duke of Tuscany and he resides in Switzerland today. The recent Bank Medici in Austria was shut down for corruption involved in the Bernie Madoff scandal. Grand Duke Sigismund was covertly running the Bank Medici.
House of Savoy
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