williambanzai7's picture



BLOOMBERG NEWS--A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts Barack Obama this week to mark the 70th anniversary of D-Day, to protect the bank from the American onslaught.

Le Monde in its May 31 edition called the possible fine a “masterful slap.” Le Figaro newspaper said the U.S. was making an example of BNP to deflect criticism it had been “lenient with the American banks responsible for the financial crisis.” 

WB7: Absolutely True!

And for that matter, so is the following...









A masterful slapstick indeed!




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Tue, 06/03/2014 - 23:19 | 4822116 disabledvet
disabledvet's picture

While the Japanese cry "Le Phucked!" and the Americans cry "LeClerc!"

Tue, 06/03/2014 - 22:36 | 4821990 HuffityPuffityPie
HuffityPuffityPie's picture

I don't know if everyone who went to the Guillotine during the French Revolution had it coming, but for sure the royals, banksters, and politicians did.  At this point, what difference does it make?  BFF  (Best Firstwhore Forever)

Tue, 06/03/2014 - 21:46 | 4821876 blindman
blindman's picture

John Prine Hobo Song
..please tell me where have all the
hobos gone to? ..." j.p.

Tue, 06/03/2014 - 20:32 | 4821700 blindman
blindman's picture

the full expression of logic is so
exhaustive that mortals are
repulsed by that semi-competent calling,
exercise and practice,
and thank god for that.
the world refuses to be framed
or operate in those terms.
perhaps it has to do with the scalability
of norms, transmutations and migrational
variations, spiritual revelations and
truth? beats me down like a bowling pin.
all i can say is expect severe weather and
resistance, always and nearly everywhere.
"you may find yourself ..." d.b.

Tue, 06/03/2014 - 20:12 | 4821648 blindman
blindman's picture

Talking Heads - Once In A Lifetime

Tue, 06/03/2014 - 20:10 | 4821640 blindman
blindman's picture

Talking Heads: Once in a lifetime

Tue, 06/03/2014 - 19:03 | 4821501 toadold
toadold's picture

     Fowl situation, Obama is a "lame duck" addicted to the "base canard." In his case it looks like the duck is ruptured and any landing is going to be uhm, spectacular.   

The Europeeons are finding out that Obama's anti-American exceptionalism does not mean he is pro Eurpeon, after all they were all "colonizers." Just wait until he sends Kerry to talk with the Islamist in Europe about recognizing their "legitamcy.

"Quack on/Quack off."

I hope a flock of geese poops all over his favorite golf course.

Tue, 06/03/2014 - 18:40 | 4821455 blindman
blindman's picture

central this and that, minsky epsilon
stochastic whatnot .. i don't know 'bout all
that. hear this, i hope we learn something together.
something about bloodthirst and the least respectable
institutions required to make a public farce display
of cultivation and refinement; the facade built in
front of no thing, claiming your soul as their property.
same as it ever was .....
UROKO: The True History of the Banking Cartels and the Federal Reserve

Tue, 06/03/2014 - 21:23 | 4821453 are we there yet
are we there yet's picture

Well, French Financial criminals could get their puppet Hollande to pay off the virtual US debt with the virtual french gold held by the criminal FED bankers in imaginary Fort Knox's holdings.

Tue, 06/03/2014 - 18:32 | 4821440 nmewn
nmewn's picture


Tue, 06/03/2014 - 18:29 | 4821433 giggler321
giggler321's picture

I guess they're still made about them asking for 2much yellow, force ending Bretton woods back in 71?

Tue, 06/03/2014 - 18:32 | 4821431 are we there yet
are we there yet's picture

Looks like Dennis Rodman gonna make Hollande his bottom bitch, AKA southpark. It looks bad when criminals argue among themselves (apologies to Rodman for the allusion).

Tue, 06/03/2014 - 17:39 | 4821316 Obamanism
Obamanism's picture

Wow BNP got $4.9 Billion in Bailout and then fined $10 Billion. Over 100%, so by that method Deutsche and SG have to pay $22 Billion.

If they are TBTJ then make the fine hurt 100% or more that what they took made profit on.

Does the fine go to the FED........

So will Obama go after Hollande close associates with sanctions if they do not pay.

Tue, 06/03/2014 - 21:26 | 4821829 williambanzai7
williambanzai7's picture

Only if they speak Russian

Tue, 06/03/2014 - 18:45 | 4821468 nmewn
nmewn's picture

"So will Obama go after Hollande close associates with sanctions if they do not pay.", if King O'Barry's brilliance is any guide, he'll order Holder to swap Bernie Madoff for a large café au lait.

He's a vicious bargainer really at the top of his game ;-)

Tue, 06/03/2014 - 16:16 | 4821142 assistedliving
assistedliving's picture

Inmelt told BO to get Holder to threaten this fine or let his GE/ALSTOM deal go thru.  Oh, and Schmidt told them to get

the frogs to back off GOOGLE spying as well.  Even MS getting on board to back off this LINUX crap.  get it?

Tue, 06/03/2014 - 16:03 | 4821106 Joebloinvestor
Joebloinvestor's picture

Hollande is pissed because that represents $10 billion he can't grab.

Tue, 06/03/2014 - 15:52 | 4821063 pupdog1
pupdog1's picture

Back alley ghetto crack hos just ain't up to prosecuting the Too Bigs.


Tue, 06/03/2014 - 15:48 | 4821048 falak pema
falak pema's picture

Hey Hollande is going to have Putin talk Ukranian turkey to Obama on D day celebrations in three days.

Some turkey shoot that is gonna be! 

Pariba and "Fee" fie fo fumm FIFA...all part of same oligarchy cabal.

Money like victory has many fathers but defeat is always an orphan child.

Watch out World cup Oligarchs; as the Fifa scandal hits tha Qatar fireworks. 

Tue, 06/03/2014 - 15:17 | 4820933 ptoemmes
ptoemmes's picture

What's a chicken have to do with this?

Tue, 06/03/2014 - 15:05 | 4820907 SmittyinLA
SmittyinLA's picture

Its the rent-a-fowl crowd faking offense, "how dare you loot our criminal bank, we loot our criminal bank not you" 

that French bank is paying the "fine" with cash they "borrowed" from the UST, and the collateral for the loan was FNM paper.

Tue, 06/03/2014 - 16:31 | 4821185 BigJim
BigJim's picture

Perhaps if BNP Parabas are having cashflow issues paying the fine, they can get some more liquidity from the Fed via 'lending' Goldman some of their (clients')  gold?

Tue, 06/03/2014 - 14:54 | 4820878 ReactionToClose...
ReactionToClosedMinds's picture

The French are joining the Free Jon Corzine crusade .........

Tue, 06/03/2014 - 13:39 | 4820641 orangegeek
orangegeek's picture

what is that coming out of Holder's rotten-box?

Tue, 06/03/2014 - 13:04 | 4820494 ebworthen
ebworthen's picture

I was watching "France 24" on MHZ last night and they were debating what to do about all the Muslims they've let settle in the country going back to fight Jihad in Syria and other places.

The suggestions were mainly monitoring Facebook and YouTube and emails and text messages a la the N.S.A.

Not one person suggested that perhaps they shouldn't have let them all immigrate to France and get on Social Services.

By 2050 they'll have Sharia Law and Notre Dame will be turned into a Mosque.

BNP?  Again, no Banksters in handcuffs or in jail, just fines.

Tue, 06/03/2014 - 14:27 | 4820799 the grateful un...
the grateful unemployed's picture

Theo Van Gogh was murdered by an extremist Muslim after he made a film about abuse of women under Shia law in the Neatherlands. this is a huge problem, parts of Paris are simply off limits to the police.Hitler had an idea for restoring racial purity, no one needs to go that far, if you immigrate you should agree to live under the laws and social mores of the host country. ironically denying these people citizenship only forces them into ghettos where the less than enlightened customs can be maintained. and to be sure some of these people left their homes because they didnt follow the laws in their native country. it would help if the ME was more stable, (Bush and Obama both earn Nobel Asshole medals for that problem)

Tue, 06/03/2014 - 14:41 | 4820837 New_Meat
New_Meat's picture

"...if you immigrate you should agree to live under the laws and social mores of the host country."

Does that include Californicators who are dispersing from their home state and perverting the body politic of their destination states?

- Ned

Tue, 06/03/2014 - 17:02 | 4821251 11b40
11b40's picture

....and all the ones from up North polluting the South as they retire. Please just continue on to FL, and don't stop along the way.

Guess we all have a little of that "you aren't from around here, are you?" attitude, don't we?

Tue, 06/03/2014 - 15:32 | 4820984 toadold
toadold's picture

  A few years back there was a story about some Californicators who irritated their neighbors so much about wanting to raise local taxes for stuff that they wanted that some neighbor dumped a dead horse into their swimming pool.  They got the message.  

Tue, 06/03/2014 - 22:43 | 4822020 the grateful un...
the grateful unemployed's picture

parts of the south are under Shia law as well. bottom line just dont go there (rip billy and captain america)

Wed, 06/04/2014 - 00:36 | 4822258 silverserfer
silverserfer's picture

you learned that watching that taliban documentary  "Duck Dynasty" didn't you? 

Tue, 06/03/2014 - 12:56 | 4820489 Zirpedge
Zirpedge's picture

Bail outs are socialism for the banker "risk managers", the French should understand the beauty of such a system. 


Tue, 06/03/2014 - 12:46 | 4820448 williambanzai7
williambanzai7's picture

Tell them to go and get a legal opinion…



Tue, 06/03/2014 - 15:06 | 4820908 SmittyinLA
SmittyinLA's picture

eeew Banzai, I wish I could unflash my memory 

Tue, 06/03/2014 - 17:52 | 4821341 DaddyO
DaddyO's picture

try this,


Tue, 06/03/2014 - 14:52 | 4820876 g'kar
g'kar's picture

Le Pew

Tue, 06/03/2014 - 13:09 | 4820544 MeelionDollerBogus
MeelionDollerBogus's picture

holy crap, I keep wondering where this will cross into NSFW :)

Tue, 06/03/2014 - 12:52 | 4820473 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

Holder has a mangina.

Tue, 06/03/2014 - 21:38 | 4821840 philipat
philipat's picture

Looks like The Fed wants to get its money back from the bailed out Banks? Except of course the US Banks all of whom we know are just doing God's work....

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