This article took hours to do. The US government has decided to take over the dismantling of the remainder of our native auto industry. The agents chosen to shepherd this through are, to put it mildly, part of the Great Spiderweb of power and influence. First, we will look at the less-well known but still, extremely connected lawyers in the Cadwalader, Wickersham & Taft LLP and then move on to the always-interesting Rothschild vultures. Surprised about these choices? Not at all.
The US government has retained two law firms with extensive bankruptcy experience and the investment bank Rothschild to advise officials on the taxpayer-backed restructuring of General Motors and Chrysler, a person with direct knowledge of the work said.
New York law firm Cadwalader, Wickersham & Taft LLP was hired by the US Treasury last month and will consider a range of possibilities for the struggling automakers including the prospect of a bankruptcy funded by the US government, the person said.
Cadwalader is joined by Chicago-based law firm Sonnenschein, Nath & Rosenthal and Rothschild in working with US officials as they prepare to review turnaround plans being readied by the two struggling automakers, the person said.
A spokeswoman for Sonnenschein in Los Angeles confirmed that the firm had been engaged to advise Treasury on ”ongoing matters related to the 2008-2009 developments within the US automobile industry.”
The lawyers from Sonnenschein who are advising the US government are from the firm’s capital markets practice based in New York, the spokeswoman, Melissa Anderson, said.
Representatives for Rothschild, GM, Chrysler and the US Treasury could not be immediately reached for comment. Cadwalader had no comment.
Rothschild vacuumed up a whole bunch of Lehman Brother buddies. Isn’t it hilarious that Russo, one of the partners in the Cadwalader Wickersham & Taft group was a Lehman Brother’s executive? HAHAHA. Yes, he is perfect for the vulture work here! He knows a lot about bankrupting things. He is also connected to the J.P. Morgan Pirates. And to top it off, like Madoff, he is also part of…all the regulatory agencies. The Financial Industry Regulatory Authority [I get this picture of foxes tending hen houses here!], the US Commodities Futures Trading Commission [buck…buck..squawk! Wow!] and the Committee on Capital Markets Regulation [the only good regulation is a dead regulation, eh, Mr. Russo?] and the Institute for Financial Markets.
OK: ARREST THIS MAN!!! Charge him with fraud, theft and high treason. He endangered the entire US financial systems. Geeze, how on earth is anyone going to this clown for dealing with dire financial problems which he, himself, created? Eh? Now, enough with petty criminals, on to the big fish:
Nov 12, 2008
Among the captains of industry, spin doctors and financial advisers accompanying British prime minister Gordon Brown on his fund-raising visit to the Gulf this week, one name was surprisingly absent. This may have had something to do with the fact that the tour kicked off in Saudi Arabia. But by the time the group reached Qatar, Baron David de Rothschild was there, too, and he was also in Dubai and Abu Dhabi.
Although his office denies that he was part of the official party, it is probably no coincidence that he happened to be in the same part of the world at the right time. That is how the Rothschilds have worked for centuries: quietly, without fuss, behind the scenes….
He stresses that the Rothschild ascent has not been linear – at times, as he did in Paris, they have had to rebuild. While he was restarting their business in France, his cousin Sir Evelyn was building a British franchise. When Sir Evelyn retired, the decision was taken to merge the businesses. They are now strong in Europe, Asia especially China, India, as well as Brazil. They also get involved in bankruptcy restructurings in the US, a franchise that will no doubt see a lot more activity in the months ahead….
“We work in a purely advisory capacity. We don’t lend or underwrite, because that creates conflicts. We are sensitive to banking relationships. But we look to ensure financial flexibility for our clients.”
They used to be banks, now they are pure vultures. No shock that this vulture circled Brown as the poor sap trudged from one angry Arab king to another, begging for more money. The Muslim kings don’t mind using a Jewish financier as a vulture to strip the carcasses of the British and American empires. The entire Rothschild clan is deeply involved in bankruptcy work. I was frankly astonished at how far this extends.
First, let’s look at some of the past operations in the bankruptcy realm:
New York bankruptcy court documents have revealed the personal signature of Felix Rohatyn—synarchist banker, “Democrat” power broker, enemy of Lyndon LaRouche—on the original May 1, 2005 plan for the outsourcing of Delphi Corporation and the destruction of its union jobs, wages, and benefits.
It is clear from these documents and other evidence that Rohatyn Associates and Rothschild, Inc., through Felix Rohatyn personally, started the Delphi debacle and planned Delphi’s total “globalization by bankruptcy,” as Business Week termed it on April 24.
This Delphi outsourcing and bankruptcy plan—which may have gone by the internal moniker “Northstar”—has been a disastrous example, international symbol, and trigger for bankruptcies and shutdowns in U.S. auto and other industries. It had been called “the end for auto” and the destruction of America’s middle class by IUE (International Union of Electrical Workers) lead negotiator Henry Reichard, who passed away on June 6. Rohatyn launched that destructive plan, which has been linked with the name of Delphi’s bankruptcy CEO, Robert “Steve” Miller—whom Rohatyn’s plan brought in to head the company and take it into bankruptcy. In addition, Rohatyn has intervened repeatedly on Capitol Hill during 2005-06 with proposals for privatized “infrastructure corporations.” He has directly opposed and sabotaged action on Lyndon LaRouche’s emergency legislation to save the auto sector with Congressional credits and protection, “retooling” auto for infrastructure construction.
The Delphi debacle has opened the floodgates for the destruction of the entire auto industry remaining in the United States, including, since at least April, the auctioning off of entire closed plants and their machine tools, as if on eBay. It has already driven another 30,000 production workers out of auto employment in 45 days, with no end in sight. It has triggered Congress to react by forming an “auto caucus” and a “manufacturing caucus”—but not to act to stop the auto sector’s ongoing destruction.
- 2005: Twenty-four plants closed down in the U.S.
- 2006: Delphi announced it would sell off or close 21 of its 29 plants in the United States. The eight plants it intends to keep are located in Brookhaven, Mississippi; Clinton, Mississippi; Grand Rapids, Michigan; Kokomo, Indiana; Lockport, New York; Rochester, New York; Warren, Ohio; and Vandalia, Ohio, though even these plants will endure wage cuts and suffer workforce reductions.
The factories still make parts. Just not here, that’s all. Wages were brutally reduced. Now, all wages of all workers are being hammered down. This is how depressions operate. When did this start? Why, 2005, right at the top of the housing bubble. Even earlier, here is another big, big deal:
2003 SourceMedia, Inc.
When Honeywell International Corp. recently agreed to sell its Bendix subsidiary to Federal-Mogul Corp.-an automotive parts supplier in Chapter 11-it received no cash or stock. But it got something far more valuable: the potential to rid itself once and for all of the thousands of asbestos claims that could threaten its future.
This novel concept, engineered by Federal-Mogul’s bankers at Rothschild Inc., is an attempt to let Honeywell use the bankruptcy code to get rid of asbestos exposure-without actually filing for bankruptcy.
What this did was simple: the workers couldn’t sue and they would then go off and die. Good riddance, as the wealthy shake off the dust and step over the bodies. Cheney did this in tandem: people thought he was nuts, buying corporations that were being sued for asbestos. Then, he became the shadow president of the US and bang! All the lawsuits were terminated via trickery.
Chapter 11 has forced many companies to consider selling. At The Deal’s Distressed Investing Conference in Las Vegas Friday, David Resnick of Rothschild moderated a panel and also provided insight on approaching distressed opportunities.
Resnick explained that due diligence is extremely important in the current environment because companies that appeared strong may be weaker in the current economic environment. His firm stayed away from broader M&A transactions in 2008 due to the marketplace.
“In past years most companies could file for bankruptcy,” said Resnick. “This environment is one in which distressed investors can make much money. You are going to see a lot of tempting transactions out there. We have a lot of capital, and there are a lot of great opportunities out there, but you have to be careful that it’s the right target.”
And here is Rothschild today! Smacking those lips like a hyena. Anticipating getting even richer while terminating the US business world. End of story. So many bodies! So tempting! Yah! This is the environment that allows the Family to fatten. Below is an article from 1998:
BOTTOM FISHING IN A TOP-DRAWER MARKET With the market on a seemingly unstoppable joy ride, those dark days in the early ’90s when junk–oops, high-yield–bonds were going bad and companies were going bankrupt seem far, far away. Clearly, only a true contrarian could be looking for trouble in these prosperous times. Enter the contrarian: Wall Street’s bankruptcy king, Wilbur Ross, senior managing director of Rothschild Inc. Not only is Ross looking for trouble, he’s predicting it–enough of it to earn him 30% annually from distressed securities. And more than a few sophisticated institutional investors agree with his view; they recently handed over $200 million to Ross’ new Rothschild Recovery fund for just that purpose.
The Dot Com Bubble was collapsing. The first warning shots came from Asia with the Asian Currency Crisis and the bankruptcy of Russia [great vulture feeding there, too!]. The Rothschilds popped their bottles of champagne and toasted each other as they found lots of rotting corpses all over the landscape. When everyone was getting poorer, they were raking it in! Now, let’s go further into the past:
NEW YORK (FNS) — M.L. Rothschild & Co., the liquidator and retail financier, filed a Chapter 11 petition Friday in bankruptcy court in Chicago.
Oops. One of the Family goofed and ended up on the wrong side of the menu. Well, every family has its blacksheep! This is, incidentally, one family that doesn’t let the young fritter their time away, being spoiled. All are put to work, all over the planet earth. Now, below is a really old article. The financial system was about to collapse in NYC in 1904. By 1907, there was a total panic. This provided the excuse for launching, secretly, with the help of the Rothschilds, the Federal Reserve.
ALBANY WAS WARNED ABOUT ROTHSCHILD; State Banking Men Heard of Federal… – Article Preview – The New York Times Examiners’ Findings. HOW HE WAS “ADVISED OUT” Rothschild In Equitable National The “Tip” — Banker Is Held for the Grand Jury. ALBANY WAS WARNED ABOUT ROTHSCHILD
April 21, 1904, Thursday
Page 1, 1851 words
That the operations of David Rothschild, late President of the wrecked Federal Bank and backer of the Globe Security Company, should have been carried on for so long a time without moving some one in authority to exercise that authority in the neighborhood of the “financier,” has become a topic much discussed in Wall Street in view of knowledge that prominent bank officials have had of what was going on for nearly two years past.
Below is a screenshot of the first paragraphs of the article.
Frankly, I strongly suggest reading the entire article. Back then, reporters were not only nosy but also vigilant. Many of them were radical leftists. They talked openly about things that are forbidden today. It is very refreshing, reading old news stories. Today, the reporters are rugs for the rich and connected to trod upon. Imagine talking like in the article above!
On July 8, 1937, the New York Times noted that Prof. Wilhelm, a German historian, had said, “The Rothschilds introduced the rule of money into European politics. The Rothschilds were the servants of money who undertook the reconstruct the world as an image of money and its functions. Money and the employment of wealth have become the law of European life; we no longer have nations, but economic provinces.”
On June 4, 1879, the New York Times noted, “Baron Lionel N. de Rothschild, head of the world famous banking house of Messrs. Rothschild & Co. died at the age of 71. He was son of the late Baron N.M. Rothschild who founded the house in London in 1808 and died in 1836. His father came to the conclusion that in order to perpetuate the fame and power of the Rothschilds, which had already become worldwide, it was necessary that the family be kept together, and devoted to the common cause. In order to do this, he proposed that they should intermarry, and form no marital unions outside the family. A council of the heads of the houses was called at Frankfurt in 1826, end the views of Baron Nathan were approved.”
Very definitely, this is a family that sticks together. More about that later. First, we will look at all the Rothschild offices that mostly or only do bankruptcies:
This is one of the older members.
This is the Mother Ship. Below is a list of a great number of Rothschild younger members who branched out across the entire US, all of them are bankruptcy experts:
Ellenberg, Ogier, Rothschild & Rosenfeld, P.C.
|Law Firm in Atlanta, Georgia Bankruptcy, Debtor and Creditor, Commercial Bankruptcy, Consumer Bankruptcy, Bankruptcy Mediation, Bankruptcy Litigation, Bankruptcy Reorganization, Fraudulent Conveyance, Creditor’s Rights, Creditor Bankruptcy, Bankruptcy Chapter 7, Bankruptcy Chapter 11, Corporate Law, Business Law and Civil Litigation.|
Rothschild- Shelly Attorney in Los Angeles
Lowell E. Rothschild has developed a nationally respected reputation as a bankruptcy attorney during his distinguished career. A founder of the firm, he has practiced law since 1952 and specializes in insolvency, bankruptcy, creditor’s rights and business reorganization. Rothschild is certified by the Arizona State Bar as a specialist in bankruptcy law and is a Fellow of the College of Law Practice Management and a Fellow of the American College of Bankruptcy. He has long been listed among the “Best Lawyers in America.” firstname.lastname@example.org
Zimmerman & Rothschild Llc
608 S Hull St
Montgomery, AL 36104
Click here to get dozens of articles about bankruptcy written by Gideon Rothschild:
- “United States: Federal and New York State Q&A,” PLC Cross-Border Private Client Handbook, December 2008
By Gideon Rothschild
The family isn’t invincible. Lynn was this lynx at a Bilderberg conference and like any cloak and dagger dame, she did the Delilah routine with the British Patriarch of the Family and got him to kick his poor woman to the curb. Blonde and with sharp, red claws, she prances about the planet, tossing her goddess locks and meddles directly in politics even to the point of telling the DNC, if they didn’t give Hillary Clinton [she sounds like chalk on a chalkboard] the Presidency, Lady Rothschild would destroy the Democratic party! HAHAHA.
Below is an interview with this lovely witch:
When 67-year-old British banking scion Sir Evelyn Rothschild first set eyes on 44-year-old Lynn Forester at the 1998 Bilderberg conference—the matchmaker was none other than Henry Kissinger—she was already a woman of major means.
A corporate lawyer and telecommunications entrepreneur, the sparkly blond ex-wife of former New York politician Andrew Stein had made more than $100 million from the sale of cleverly acquired wireless broadband licenses. She was also sexy, charming, and dazzlingly well connected. Two years later, after the smitten Sir Evelyn divorced his second wife, Victoria Schott, the mother of his three children, Forester became the third Lady Rothschild. After marrying in November 2000 at a London synagogue, they honeymooned at the White House, guests of Lynn’s good friends Bill and Hillary Clinton.
The Family has to learn, if you don’t lay low, you might be noticed. And they really don’t want this sort of publicity but the Patriarch is smitten so he will be smitten, indeed. Some people never learn. I suppose, I might be hearing from this army of lawyers for writing this article. Or maybe not. If they do annoy me, I will publish the entire NYT story from 1904. HAHAHA. That, they don’t want!
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