Re: SWISS BANKS CONSIDERING AUSTRALIA AGRICULTURE AS BANKRUPT ... and its alleged assets completely overvalued a hundred fold !

May 09, 2009 0 Replies


Thank you for that update  dear Mr Kanga ! Only you dare tell the


> Truth, but as I was telling you above the Swiss Banks are also
> speaking the Truth about Australia Farming Sector !
>
> THE SWISS BANKS DIAGNOSIS ON ALL AUSTRALIA AGRICULTURAL PROJECTS IS
> TOTAL  BANKRUPTCY period
>
> Further I asked specifically the following question to a Swiss Bank
> top manager in Zurich, who is the son of a Directeur de Recherche of
> Geneva &  friend of mine
>
> Say an Australian Farm on sale for 200 millions dollars with a 90
> millions dollars slate needs an immediate rolling cash of ONE
> MILLION !
> HOW MUCH ARE YOU PREPARED TO LEND AGAINST THE WHOLE PROPERTY
> COLLATERAL VALUE !
>
> The Swiss Bank official response was without doubt heartless still > here it is :
> Quote
> Cher Monsieur
> (translating then)
> We know very well  the situation in the whole of Australia re the
> Agricultural Private Sector. You will find that nowhere the Swiss
> banks have any interest,  and any interest we had like in pulp mills
> have been sold at the best  price long ago. We will not in the present
> global destitute situation of Australia Agriculture get involved in
> any lending or partnership investment. So in answer to your question I
> am sorry to say that as the most important Swiss Banking Institution,
> we are in business to earn money not to lose it... as investment in
> Australia Agriculture would conduct us to do.
> Veuillez je vous prie etc
>
> THIS IS CLEAR THEN ;
> According to Australia Lying Banking Institutions an Agricultural
> property is worth 200 millions dollars
> According to the leading Swiss Bank it's worth nothing, since farming
> Dust is worth nothing indeed !
>
> Here you can measure Dear Mr Kanga, the extent of the Collective
> Chastisement brought upon the poor country by Our Almighty Celtic God,
> WHO HATES MASS MURDERERS AND MASS SWINDLERS INDEED !
> Thank you for that latest update regarding Timbercorp & Greater
> Southern which from 5 $ in 2005 have come down to 12c when trading was
> halted ... say it would have bottomed at 1.2c or 500 times less the
> initial value of 2005
> So wherever you turn we can find at the best a loss of 100 times the
> initial values upon which the Australia Banks booking assets are
> founded ! The Criminals behaviours of both Mining & Political
> Criminals has really brought the poor country to its knees, as I have
> required, but the dull fools are still unable to realize there shall
> NEVER BE ANY RECOVERY UNTIL THE 2 REQUIRED ROYAL INQUIRIES ARE
> CONVENED ... and only then will I return taking the RAIN BACK WITH > ME ! >
> Je commande et la Nature obeit à ma voix
>
> Sir Jean-Paul Turcaud
> Australia Mining Pioneer

Too bad...perhaps the land should not have been cultivated in the first place.


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