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BANK OF AMERICA: VATICAN & YAKUZA?

Posted By: WindSong
Date: Tuesday, 20-Feb-2007 03:33:24

In Response To: FROM WIKIPEDIA: HISTORY OF BANK OF AMERICA (Rayelan)

*** Wikipedia information on the Bank of America seems to have Vatican written all over it, however, according to Skolnick, the Vatican sold it to the Japanese Yakuza. I don't know if Skolnick's information is correct or not. Following are a couple of things I found:
~~~~~

[SNIP]

Bank of America Corporation
Type Public (NYSE: BAC TYO: 8648 )
Founded (as "Bank of Italy")

LINK TO WIKIPEDIA:
http://en.wikipedia.org/wiki/Bank_of_America

[SNIP]

For many years the major owners of Bank of America and their holding company, Bank America, were the Jesuits and the Vatican, and their long-time cronies, the Rothschilds. Like Continental Bank up to 1984, they owed tens of Billions of Dollars to the Japanese mafia, the Yakuza who own most of the other sizeable banks in California. In the late 1980s, Bank of America was faced with a run, so they have quietly given over most of the control to the Japanese Yakuza.

LINK TO REST OF ARTICLE:
http://www.skolnicksreport.com/popes3banks.html

[SNIP]

A few years ago when we taped a one hour Cable TV Show on the subject of Bosnia and Serbia, one of the program guests threatened to leave the studio if I raised the issue of Vatican complicity in "ethnic cleansing" of Serbs from Croatia, by which many thousands of Serbs were killed or injured. [Another guest did raise the issue.] During the Kosovo War, Spring of 1999, the monopoly press said almost nothing about the bloodshed in Croatia reportedly instigated at least in part, by the Vatican. It is perhaps no coincidence that the Vatican Bank suit was brought in San Francisco. Headquartered there is the Bank of America, owned jointly by the Vatican, the Jesuits, and the Rothschilds. The parent holding company, Bank America, has been reportedly largely bought out by the Japanese mafia, the Yakuza. Most every bank in California is reportedly owned by the Yakuza. Seldom mentioned by the news fakers: the Yakuza is the main force in West Coast dope trafficking.

LINK TO REST OF ARTICLE:
http://www.skolnicksreport.com/vaticanbank.html
~~~~~

WindSong

****************************************************************

: Note from Rayelan: A reader sent this... which he found on
: Wikipedia... I clicked through to wikipedia and was
: fascinated by the history of Bank of America. From the
: things I know about Faction Two and the banks they own,
: after reading the history of B of A, I can almost guarantee
: that B of A is a Faction Two bank.

:
: ***************************************************************************

: Re: READER: THE CHINESE OWN BANK OF AMERICA.. ....

: Hi, WIKI has some good stuff

: http://en.wikipedia.org/wiki/Bank_of_America

: Credit Cards for Illegal Aliens
: In 2007 Bank of America started marketing credit cards for
: illegal aliens. These credit cards would be available to
: people without Social Security Numbers. This sparked a
: national outcry over a bank trying to make a profit by
: abetting illegal immigration.

:
: ***************************************************************************

: NationsBank

: Before 1998, the Bank of America that exists today was known
: as NationsBank, based in Charlotte, NC. In 1998,
: Nationsbank merged with the smaller San Francisco-based
: BankAmerica. Nationsbank acquired BankAmerica and assumed
: the new Bank of America name.

: [edit] Bank of Italy, BankAmerica, & BankAmericard

: The roots of the pre-1998 Bank of America lie in the American
: Bank of Italy, founded in San Francisco by Amadeo Giannini
: in 1904. When the 1906 San Francisco earthquake struck,
: Giannini was able to get all of the deposits out of the
: bank building and away from the fires, and thus, unlike
: many other banks, had money to loan to those struck by the
: disaster.

: In the late 1920s, Giannini approached Orra E. Monnette,
: President and founder of the Los Angeles based Bank of
: America, Los Angeles about a potential merger between the
: two entities. The Los Angeles based bank had exhibited
: strong growth throughout the 1920s, due in part to its
: success in developing an advanced bank branching system.
: The merger of the two institutions was completed in early
: 1929 and took the name Bank of America. The combined
: company was headed by Giannini with Monnette serving as
: co-Chair.3

: While the names of many nationally chartered banks end with
: the initials 'N.A.' (National Association), Giannini picked
: a unique ending, National Trust and Savings Association, or
: 'NT&SA', because he wanted the name to highlight the
: different functions of the bank. Bank of America was the
: only NT\&SA in the country. Thanks to good management, but
: also to aggressive development of the branch banking
: concept, the bank was soon the largest in California.

: Giannini also sought to build a national bank, expanding into
: most of the western states as well as into the insurance
: industry, under the aegis of his holding company,
: Transamerica Corporation.

: Bank of America NT&SA also had banking relationships in
: international financial markets. Largely out of fear that
: Giannini would succeed in his efforts to create a
: nationwide bank, federal legislation prohibited banks from
: accepting deposits in states where they were not
: headquartered. This led to the creation of the bank holding
: company, which could own a separate bank in each state in
: which it operated.

: With the passage of the Bank Holding Company Act of 1956,
: banks were prohibited from owning non-banking subsidiaries
: such as insurance companies, and Bank of America and
: Transamerica were separated, with the latter company
: continuing in the insurance business. However, federal
: banking regulators prohibited Bank of America's interstate
: banking activity, and Bank of America's domestic banks
: outside of California were forced into a separate company
: that eventually became First Interstate Bancorp, which was
: acquired by Wells Fargo Corp. in 1996.

: It was not until the 1980s (Note from Rayelan: This is t he
: MAIN reason Reagan had to be elected no matter what they
: did to bring it about... even treason!!) with a change in
: federal banking legislation and regulation that Bank of
: America was again able to expand its domestic consumer
: banking activity outside of California.

: California was the nation's fastest growing state during the
: post-World War II boom, with the highest use of checking
: accounts (partially driven by many soldiers being paid via
: bank accounts during WWII), resulting in BankAmerica being
: swamped by checks.

: By 1949, the branches had to close at 2:00pm in order to
: process the bookkeeping by 5:00 p.m. To cope with the
: transaction volume, the bank invested heavily in
: information technology and is generally credited, together
: with GE and SRI, with inventing modern centralized bank
: operations, along with a number of financial transaction
: processing technologies such as automatic check processing,
: account numbers, and Magnetic Ink Character Recognition.
: Because of the efficiency of these technologies, the bank
: had significantly lower administrative costs than other
: banks and was able to expand until it became the world's
: largest bank in the early 1970s.

: These technologies also enabled credit cards to be linked
: directly to individual bank accounts. In 1958, the bank
: invented the bank credit card, the BankAmericard, which
: changed its name to VISA in 1977. A consortium of other
: California banks came up with Master Charge (now
: MasterCard) in order to compete with BankAmericard.

: [edit] Expansion outside of California

: Following passage of the Bank Holding Company Act of 1967,
: BankAmerica Corporation was established for the purpose of
: owning BankAmerica and its subsidiaries.

: BankAmerica expanded outside California in 1983 with its
: acquisition of Seafirst Corporation of Seattle, Washington,
: and its wholly owned banking subsidiary, Seattle-First
: National Bank. Seafirst was at risk of seizure by the
: federal government after becoming insolvent due to a series
: of bad loans to the oil industry. BankAmerica continued to
: operate its new subsidiary as Seafirst rather than Bank of
: America until its 1998 merger with NationsBank.

: BankAmerica was dealt huge losses in 1986 and 1987 due to the
: placement of a series of bad loans in the Third World,
: particularly in Latin America. The company fired its CEO,
: Sam Armacost, although Armacost blamed the problems on his
: predecessor, A.W. (Tom) Clausen, who was then appointed to
: replace Armacost. The losses resulted in a huge decline of
: BankAmerica stock, making it vulnerable to a hostile
: takeover.

: First Interstate Bancorp of Los Angeles (which had originated
: from banks once owned by BofA), launched such a bid in the
: fall of 1986, although BankAmerica rebuffed it, mostly by
: selling its FinanceAmerica subsidiary to Chrysler and by
: selling the brokerage firm Charles Schwab and Co. back to
: Mr. Schwab. On the day of the 1987 stock market crash,
: BankAmerica was trading at $8 per share, although by 1992
: it had rebounded mightily to become one of the biggest
: gainers of that half-decade. The selling of the corporate
: headquarters building in downtown San Francisco to raise
: capital was a symbolic blow to the bank.

: BankAmerica's next big acquisition came in 1992. BankAmerica
: acquired its California rival, Security Pacific Corporation
: and its subsidiary Security Pacific National Bank in
: California and other banks in Arizona, Idaho, Oregon and
: Washington (which Security Pacific had acquired in a series
: of acquisitions in the late 1980s). This was, at the time,
: the biggest bank acquisition in history. Federal regulators
: nevertheless forced the sale of Security Pacific's
: Washington subsidiary, Rainier Bank, because the
: combination of Seafirst and Rainier would have given
: BankAmerica too large a share of the market in that state.
: Later that year, BankAmerica expanded into Nevada by
: acquiring Valley Bank of Nevada.

: In 1994, BankAmerica acquired the Continental Illinois
: National Bank and Trust Co. of Chicago, which had become
: federally owned as part of the same oil industry debacle
: that had brought down Seafirst. At the time, no bank had
: the resources to bail out Continental, so the federal
: government operated the bank for nearly a decade. Illinois
: at that time regulated branch banking extremely heavily, so
: Bank of America Illinois was a single-unit bank until the
: 21st century. Bank of America moved its national lending
: department to Chicago in an effort to establish a financial
: beachhead in the region.

: These mergers helped BankAmerica Corporation once again become
: the largest U.S. bank holding company in terms of deposits,
: but the company fell to second place in 1997 behind
: fast-growing NationsBank Corporation and to third in 1998,
: also behind North Carolina's First Union Corp. In 1998,
: Bank Of America and NationsBank executed a merger-of-equal
: and changed the headquarter to Charlotte, North Carolina.

: [edit] Merger of NationsBank and BankAmerica

: The purchase of BankAmerica Corp. by the NationsBank
: Corporation was the largest bank acquisition in history at
: that time. While the deal was technically a purchase of
: BankAmerica Corporation by NationsBank, with the renaming
: of the former entity to Bank of America Corporation, the
: deal was structured as a merger, and Bank of America NT&SA,
: changing its name to Bank of America, N.A. was the
: remaining legal bank entity. The bank still operates under
: Federal Charter 13044 which was granted to Giannini's Bank
: of Italy on March 1, 1927. However, SEC filings before 1998
: are listed under NationsBank, not Bank of America.

: Following the $64.8 billion acquisition of BankAmerica by
: NationsBank, the resulting Bank of America had combined
: assets of $570 billion, and 4,800 branches in 22 states.
: Despite the mammoth size of the two companies, federal
: regulators insisted only upon the divestiture of 13
: branches in New Mexico, in towns that would be left with
: only a single bank following the combination. This is
: because branch divestitures are only required if the
: combined company will have a larger than 25 percent FDIC
: deposit market share in a particular state or 10 percent
: deposit market share overall.

: [edit] History since 1998

: In 2001, Bank of America CEO and chairman Hugh McColl stepped
: down and named Ken Lewis as his successor. Lewis's greater
: focus on financial discipline and efficiency contrasted
: greatly with the expansionary mergers and acquisition
: strategy of his predecessor.

: In 2004, Bank of America purchased Louisville, Kentucky-based
: National Processing Company for $1.4 billion from National
: City Corp. The renamed company- BA Merchant Services-
: processes one in every six VISA and MasterCard
: transactions. The company also provides financial solutions
: for travel and healthcare companies. BA Merchant Services
: is headquartered in Louisville, Kentucky].

: Also in 2004, Bank of America acquired Boston,
: Massachusetts-based FleetBoston Financial for $47 billion
: to solidify Bank of America's position as the bank with the
: largest FDIC-rated deposit market share in the United
: States with $513 billion in deposits, well ahead of the
: number two bank holding company, newly-merged JPMorgan
: Chase-Bank One with $353 billion in deposits and number
: three Wells Fargo & Co. with $228 billion (As of June
: 30, 2003).

: On June 30, 2005 the bank announced it would purchase credit
: card giant MBNA for $35 billion in cash and stock. The
: Federal Reserve Board gave final approval to the merger on
: December 15, 2005, and the merger closed on January 1,
: 2006. The combined Bank of America Card Services
: organization - including the former MBNA - will have more
: than 40 million U.S. accounts and nearly $140 billion in
: outstanding balances.

: In May 2006, the Bank of America and Banco Itau -
: (Investimentos Ita S.A.) entered into an acquisition
: agreement through which the Banco agreed to acquire
: BankBoston's operations in Brazil. BankBoston's Brazil
: includes asset management, private banking, a credit card
: portfolio, and small, middle-market and large corporate
: segments. It has 66 branches and 203,000 clients in Brazil.
: BankBoston in Chile has 44 branches and 58,000 clients and
: in Uruguay it has 15 branches. In addition, there is also a
: credit card Company, OCA, in Uruguay, which has 23
: branches. BankBoston N.A. in Uruguay, together with OCA,
: jointly serve 372,000 clients. After the merger The
: BankBoston name and trademarks were not part of the
: transaction and, as part of the sale agreement, cannot be
: used by Bank of America. That, in practical terms, deemed
: the definite extinction of the BankBoston brand. Itaú also
: received exclusive rights to purchase BankBoston's
: operations in Chile and Uruguay. In return, Bank of America
: has taken about a 6% stake in Itaú. Banco Boston do Brazil
: had been founded in 1947. With the purchase, the BankBoston
: name will disappear from Brazil as BankAmerica has retained
: the rights to the name and in which they can't use the name
: due to the merger agreements.


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Articles In This Thread

WHAT IS THE REAL REASON BANK OF AMERICA IS NO LONGER REQUIRING SOCIAL SECURITY NUMBERS?
Rayelan -- Monday, 19-Feb-2007 18:22:12
THAT'S A GREAT QUESTION :)
hobie -- Monday, 19-Feb-2007 18:42:55
READER: ANYONE ***NOT*** WITH A SPANISH SURNAME TRIED IT YET?
Rayelan -- Monday, 19-Feb-2007 20:23:22
I AM LOOKING FOR A NEW BANK, I VOLUNTEER
Freedom4ever -- Monday, 19-Feb-2007 20:38:48
SO ARE WE, ALTHO WE SHREDDED OUR CREDIT CARDS
Disclosure -- Monday, 19-Feb-2007 21:32:40
READER: ISN'T BANK OF AMERICA CONNECTED TO WANTA?
Rayelan -- Tuesday, 20-Feb-2007 01:16:52
READER: IT SHOULD BE LEGAL TO HAVE A NON INTEREST BEARING BANK ACCOUNT BECAUSE..
Rayelan -- Tuesday, 20-Feb-2007 00:47:07
READER: THE CHINESE OWN BANK OF AMERICA.. OR MAYBE IT'S THE HUNGARIANS
Rayelan -- Tuesday, 20-Feb-2007 01:13:13
READER: IF ALL PLAYS OUT, LIBBY WILL BE FOUND GUILTY, CHENEY WILL RESIGN...
Rayelan -- Tuesday, 20-Feb-2007 01:26:29
READER: YEARS AGO WE WERE TOLD BofA WOULD DISTRIBUTE REPARATIONS TO THE PEOPLE
Rayelan -- Tuesday, 20-Feb-2007 01:44:04
READER: BANK OF AMERICA RECENTLY CHANGED THEIR COLOR TO GREEN
Rayelan -- Tuesday, 20-Feb-2007 01:55:46
READER: THE BACK OF MY SS CARD SAYS "FOR SOCIAL SECURITY USE ONLY NOT FOR IDENTIFICATION!"
Rayelan -- Tuesday, 20-Feb-2007 02:00:41
READER: MILITARY SWITCHED FROM SERIAL NUMBERS TO SS# DURING VIET NAM
Rayelan -- Tuesday, 20-Feb-2007 02:08:45
Sept 25, 69, President sent to Congress his recommendations for SS legislation
Rayelan -- Tuesday, 20-Feb-2007 14:47:36
FROM WIKIPEDIA: HISTORY OF BANK OF AMERICA
Rayelan -- Tuesday, 20-Feb-2007 02:20:49
BANK OF AMERICA: VATICAN & YAKUZA?
WindSong -- Tuesday, 20-Feb-2007 03:33:24
READER: missing the point as usual....are not all missing the point?
Rayelan -- Tuesday, 20-Feb-2007 13:02:11
READER: VKD "These "Banking Dots" can get pretty interesting...Can't they?"
Rayelan -- Tuesday, 20-Feb-2007 13:04:00
READER: DID YOU KNOW IT'S ILLEGAL FOR YOUR SSN TO BE USED AS A FORM OF ID?
Rayelan -- Tuesday, 20-Feb-2007 13:09:46
READER: ARTICLE FROM CAPITAL TIMES DEBUNKS WANTA STORY
Rayelan -- Tuesday, 20-Feb-2007 13:22:30
READER IN INDIA EXPLAINS ID'S IN INDIA - PAN FOR RICH - RATION CARDS FOR POOR
Rayelan -- Tuesday, 20-Feb-2007 13:41:16
FORM SSN: Citizen's Assertion of Legal Right to withhold disclosure of SSN
Rayelan -- Tuesday, 20-Feb-2007 14:25:44
FORM SSN: "CITIZEN'S STATEMENT".....
WindSong -- Tuesday, 20-Feb-2007 15:54:15
THERE ARE OPTIONS TO BE FREE AND OUT OF THE SYSTEM - READ BELOW
Rayelan -- Tuesday, 20-Feb-2007 16:11:55


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AN EXPLANATION OF THE FACTIONS