What's the "Association of Global Custodians"? Bank of NY-Mellon, Brown Bros Harriman, Citi, HSBC,

Hannah Bell

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Thu Nov-27-08 01:07 AM
Original message

What's the "Association of Global Custodians"? Bank of NY-Mellon, Brown Bros Harriman, Citi, HSBC,

Edited on Thu Nov-27-08 01:08 AM by Hannah Bell

JP Morgan, Northern Trust, Dexia, State Street.

"The Association of Global Custodians is an informal group of 8 global custodian banks that are major providers of securities custody and trade settlement services to institutional investors worldwide. Established in 1997, the Association primarily seeks to address regulatory and market structure issues that are of common interest to global custody banks. The member banks are competitors, and the Association does not involve itself in member commercial activities or take positions on how members should conduct their custody businesses."

Orwellian name, wot?

http://www.theagc.com/

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Skink

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Thu Nov-27-08 01:09 AM
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1. Otherwise known as the Bilderberg group.

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Hannah Bell

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Thu Nov-27-08 01:11 AM
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2. Could you elaborate, as it doesn't seem so on first look...

Bilderberg Group
From Wikipedia, the free encyclopedia

"The Bilderberg Group, Bilderberg conference, or Bilderberg Club is an unofficial annual invitation-only conference of around 130 guests, most of whom are persons of influence in the fields of business, media and politics."

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Sebastian Doyle

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Thu Nov-27-08 03:19 AM
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3. Brown Brothers Harriman - long time associates of the Bush Crime Family

Going back to the Hitler funding days.

Mellon.... as in Mellon Scaife

Citibank...... owned in part by the Saudi royal family

HSBC..... don't remember who owns this one, but they're assholes all the same. Was unfortunate to have a credit card account with them a while back. Not by choice - they bought whatever bank I had it with originally. Closed the account with a zero balance and spent the next year telling their idiot collections department that I wasn't going to pay their false charges they added after I cancelled the card.

These are exactly the type of bastards who DESERVE to go the fuck out of business, and not a dime of taxpayer money should ever go to them.

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