Re: It's About Depository Trust Corp

E - thought you were a CTM member.
The most interesting part I found in that interview was this statement by Greg Morse:

"What is a "Beneficial Ownership Right"?
A Beneficial Ownership Right starts, and is given… past on down line by the "god-father". Who is the "god-father"? The 'god-father' is Cede & Company because they own all the stocks, bonds & securities – not just in this country, but they’re getting to the point where in the next few years you’ll be able to say that they’re probably the biggest in the world.

Now the BRICS deal which you’ve heard about – the agreement between Luxembourg & Russia – Cede is behind that! We got all the documents. They are involved up to their neck in that. So, they are expanding through their two existing European arms – Clearstream & Euroclear . They are expanding their holdings in Europe. Their reach – it is phenomenal. Euroclear was developed in December of 1968 in the Brussels Office of Morgan Guaranty Trust Company of New York.

Morgan Guaranty Trust Company of New York is a wholly owned affiliate of JPMorgan Chase."