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Meet The People Bringing You Currency Manipulation On A Daily Basis

Tyler Durden's picture


Today's aggressive intervention by various monetary authorities to prevent the Swiss Franc from trading anywhere close to its fair value (yes "intervention", the same that happens each day in other capital markets, like stocks and commodities, read gold) reminded us once again that it is always and only a central planner's world. Yet while it is easy to assume there is some big black box doing all this manipulation, the truth is that the decision chain ultimately ends with carbon-based lifeforms, who push the buy or sell button, respectively: i.e., the human element. Which is why we wanted to present our readers the decision making chain expressed in flesh and blood terms, namely the people who over and over demonstrate to the market just who is in control.


So how did this happen? Well it all started with this guy.

Who works for this guy.

Who works for this guy...

Who in turn works for this guy, who runs the whole place.


And that's it. If you ever run into these gentlemen on the street, please thank them - after all, nobody has to make any market decisions any more. The 4 people above do it all for you. And they are smart. Some even have Ph.D's.

h/t Ron


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Thu, 04/05/2012 - 09:19 | 2319063 mushi
mushi's picture

Ready the guillotine, (bitchez)!

Thu, 04/05/2012 - 09:21 | 2319069 flacon
flacon's picture

Hang them!

Thu, 04/05/2012 - 09:40 | 2319156 MillionDollarBonus_
MillionDollarBonus_'s picture

Come on guys ... this is getting embarrassing. You can't just blame every bad trade you make on "manipulation". These constant conspiracy theories and envy of people in powerful positions just has to stop. It's childish and ridiculous, and it's not conducive to thoughtful and intellectual discourse.

Thu, 04/05/2012 - 09:45 | 2319170 EvlTheCat
EvlTheCat's picture

Mr. Pot meet Mr. Kettle

P.S. You're not funny.

Thu, 04/05/2012 - 09:49 | 2319188 Seasmoke
Seasmoke's picture

he was funny at one time........but somehow he lost his edge and is now washed up......i am very sad to see him fall

Thu, 04/05/2012 - 11:10 | 2319468 French Frog
French Frog's picture

Posted a few days ago (not by me, I hasten to add)......

1.2000 is the 'untouchable' level, with barriers and stops below that level.

If you feel the need to buy dips, do not leave stops just below 1.2000. You are begging to be stopped out if you do.

Better to leave a buy order below that level with a stop below 1.1950, rather than try to buy just above 1.2000 with a tight stop, in my view.

No need for conspiracy theories here: just a bit of common sense trading is enough.

Thu, 04/05/2012 - 09:54 | 2319190 MillionDollarBonus_
MillionDollarBonus_'s picture

Who's trying to be funny? I'm just pointing out that the ZH readership would rather accept conspiracy theories at face value rather than apply reason and evidence to determine the truth. I have always provided solid arguments for my propositions, and have I consistently adhered to principles of virtue in the face of the appalling verbal abuse I have received on this site. I hope to set an example for other commenters to help them learn how to take part in civil discourse.


Thu, 04/05/2012 - 09:57 | 2319219 crawldaddy
crawldaddy's picture

I tend to agree. I dont believe there is some well run Legion of Doom running things behind the scenes, rather I think this market is  just one big cluster fuck built upon an entire culture of corruption.   Honestly I dont know which is worse.

Thu, 04/05/2012 - 12:04 | 2319642 Gazooks
Gazooks's picture

here, crawldaddy, this may help you decide which is worse


also, try Legacy of Ashes by Tim Weiner for Pulitzer grade, historic CIA cluster-fuck reportage

Mon, 04/16/2012 - 10:05 | 2348365 Genève Barbegazi
Genève Barbegazi's picture

and look who's about to be the next head of the World Bank....

my former school President Dr. Jim Yong Kim and former head of the WHO AIDS program...

All the ESF guys are Dartmouth Football Boys...Paulson....Geitner.....

Jim Kim lead us out of the tunnel every home game....

Big Green Football baby whuzzzup.....


Thu, 04/05/2012 - 10:13 | 2319274 jakshafter
jakshafter's picture


You are hands down one of the funniest commenters on any board i have ever read.

Dryness... I love it.


Thu, 04/05/2012 - 10:17 | 2319277 Harlequin001
Harlequin001's picture

You haven't received any verbal abuse. As far as I can see it is entirely accurate and well merited... which makes it fair comment, not abuse...

Stop feeling sorry for yourself, maybe it's time for a new handle eh...

Thu, 04/05/2012 - 10:53 | 2319404 silverdragon
silverdragon's picture


Are you a highly paid economist, and that's why you say the things you do? Or are you the most sarcastic person to have ever walked this earth?

Thu, 04/05/2012 - 17:18 | 2320526 MeelionDollerBogus
MeelionDollerBogus's picture

MDB is the living incarnation of Poe's Law

Thu, 06/14/2012 - 12:19 | 2526022 JimBowie1958
JimBowie1958's picture

I think he is hilarious...but maybe thats because I am not involved in the industry and am just a noob.

Thu, 04/05/2012 - 10:06 | 2319245 ebworthen
ebworthen's picture


Did you miss Mozillo and Corzine?

How about Paulson and Dimon?

NDAA and the death of the fourth amendment?

Supreme court KELO decision?

$16 Trillion U.S. Debt?


Thu, 04/05/2012 - 10:37 | 2319345 Chupacabra-322
Chupacabra-322's picture

The fed will always intervene. The CFR pimps at the fed use the fed to prop up the ponzi scheme longer so that they can buy the world on worthess paper. once it collapses they will use the collapse to consolidate industries in a collectivised central planning national socialism state to shut off wealth creation and subjagate the american people.

But then again, I bet Million Dollar Bonus smells his own farts too.   

Thu, 04/05/2012 - 10:45 | 2319373 Uchtdorf
Uchtdorf's picture

Some say that MDB is the master of tongue-in-cheek sarcasm, and I subscribed to that theory for a while. However, now his retorts are lacking in zing. I think he should retire his handle and re-emerge as another faux troll.

Thu, 04/05/2012 - 10:27 | 2319304 njdoo7
njdoo7's picture

Who here is blaming a bad trade on manipulation?  Strawman much?

Also, the fact that central banks -intervene, manage, manipulate, or <insert favorite equivalent word here>- in markets is not a theory. 

It is also not a conspiracy, as the connotation of conspiracy generally implies that is illegal or an act of wrongdoing. Central bank market intervention in today's world, is generally considered benevolent, necessary, and even an extension of their legal mandate. 

Why do you call this a conspiracy, and a theory at that? 


Thu, 04/05/2012 - 11:04 | 2319408 Ratscam
Ratscam's picture

Here's the headquarter of the BIZ

Interesting fact:

The BIS is on extraterritorial ground in Switzerland, thus entirely untouchable by Swiss Justice.

So do they have their own country? Their own passports? Do they pay taxes?

Do they need to show a passport when they exit the building? question over question!

Thu, 04/05/2012 - 14:13 | 2320005 Yousif
Yousif's picture

Sooner, or later, the peasants will understand that passports are among the worst tagging systems.  It beggars the imagination that creatures with any level of intelligence would accept such a system.  What does it matter which peasant delivery port (maternal ward) or tax farm you were delivered in, consequently, what does it mean to be a citizen of a tax farm?  It still boggles my mind that homosapiens are still perfectly comfortable with being represented by trigger happy mass murders.  How did this happen?

Sovereigns don't have passports, they don't do any paperwork.  Why should we?  Why do they exempt themselves from all the chains and shackles they put around our necks?  They tell you it's to keep you safe, but do you seriously feel any safer that degenerates like these are able to act with impunity?

Something is wrong.  VERY wrong!

Thu, 04/05/2012 - 11:12 | 2319487 trembo slice
trembo slice's picture

you're slipping

Thu, 04/05/2012 - 12:18 | 2319698 Colonial Intent
Colonial Intent's picture

I used to think it was awful that life was so unfair.

Then I thought, wouldn't it be much worse if life were fair, and all the shitty things that happened to me happened because I actually deserved them?

All your basel belong to us........


Thu, 04/05/2012 - 19:52 | 2320857 LongBalls
LongBalls's picture

Things get real when your profile is posted uh?

Thu, 06/14/2012 - 10:15 | 2525452 derryb
derryb's picture

Markets aren't manipulated? LOL. Why should PMs be exempt from the manipulation?

Sun, 07/08/2012 - 21:06 | 2597435 monad
monad's picture

Muppet herder.

Thu, 04/05/2012 - 09:47 | 2319183 cbaba
cbaba's picture

Yes, hang them High


Thu, 04/05/2012 - 19:57 | 2320865 LongBalls
LongBalls's picture

Float this article everywhere....... Make these men known!!!!! Should they not be known for such a service to humanity? <sarc off>

Thu, 04/05/2012 - 09:23 | 2319075 SeverinSlade
SeverinSlade's picture

We should pull a George Zimmerman on these guys' asses.

Too soon?

Thu, 04/05/2012 - 09:26 | 2319092 SeverinSlade
SeverinSlade's picture

Uh oh, the trolls are going to have fun with that one.  Queue me being called a racist anti-semite in 3...2...1...

Thu, 06/14/2012 - 12:21 | 2526034 JimBowie1958
JimBowie1958's picture

You;re a racist anti-semite in 3...2...1...

There, feel better now?

Thu, 04/05/2012 - 09:32 | 2319125 Eireann go Brach
Eireann go Brach's picture

What's up with all the bald sociopaths? Do you really have to destroy all around you because you are ugly fuckers?...Bernanke, Blankfein, doucebag above, Hank Paulson, Greenspan...yes you all do indeed look like shaved asshole!

Thu, 04/05/2012 - 09:36 | 2319138 SeverinSlade
SeverinSlade's picture

So if I want to run the world, I just need to become bald and get a PhD.  BRILLIANT!

Thu, 04/05/2012 - 10:36 | 2319340 quartshort
quartshort's picture

Cul-de-sac haircut for the win!

Thu, 04/05/2012 - 10:55 | 2319417 Conax
Conax's picture

Lizard men are jealous of our mammalian good looks, (and our hair) which is why they act like such pricks. They're not evil, just misunderstood.

Hug a banker today.

Thu, 04/05/2012 - 14:13 | 2320008 Kobe Beef
Kobe Beef's picture

What, no Dick Cheney? He's gonna shoot you in the face for leaving him off the list.

Thu, 04/05/2012 - 09:34 | 2319131 jus_lite_reading
jus_lite_reading's picture

Pay-shuns grass hopper...

Riddle for you

Man fights nature. Nature fights harder. Who wins?

Thu, 04/05/2012 - 15:43 | 2320239 mac768
mac768's picture

Just ask one of the nice fellows if they would do this rather with their OWN money than with taxpayers hard earned bucks....

Thu, 04/05/2012 - 09:21 | 2319067 SeverinSlade
SeverinSlade's picture

Fuck the banksters.

Thu, 04/05/2012 - 09:22 | 2319068 GeneMarchbanks
GeneMarchbanks's picture

Tell 'em it's almost Yen-tervention time, OK?

Thu, 04/05/2012 - 09:22 | 2319070 Mongo
Mongo's picture

Maximus: The time for honoring yourself will soon be at an end

Thu, 04/05/2012 - 09:38 | 2319143 pods
pods's picture

FTMFW! I LOVE that line.


Thu, 04/05/2012 - 10:33 | 2319333 DaveyJones
DaveyJones's picture

sums it up

Thu, 04/05/2012 - 09:24 | 2319077 swissaustrian
swissaustrian's picture

So sad that the BIS expropriated all their private shareholders.

Thu, 04/05/2012 - 09:24 | 2319078 Dr. Engali
Dr. Engali's picture

Hmmmm if I ever ran into them on the streets I don't think thanking them would be my initial reaction.

Thu, 04/05/2012 - 09:24 | 2319079 jbc77
jbc77's picture

Fuck all of them.

Their day is coming along with the rest of the criminal elite. You know what son? The little people outnumber the crooks a gazillion to one and when we finally rise up your gonna feel our heat and your gated communities will do nothing to stop us.

We are coming.......



Thu, 04/05/2012 - 09:37 | 2319144 Gully Foyle
Gully Foyle's picture



Militant: Dig it, dope peddler. We're out here building a new nation for black people. It's time for you to start payin some dues, nigga!
Youngblood Priest: I ain't givin' you shit! I'll tell you what you do, you go get you a gun and all those black folks you keep doin' so much talkin' about get guns, and come back ready to go down, then I'll be right down front killin' whitey. But until you can do that, you go sing your marching songs some place else. Now we're through talkin'.


[Black Dynamite walks into the militant group's hideout]
Black Dynamite: Excuse me, brothers.
Militant #3: [Gets up] The militants turn, startled. This is private. How'd you get in here?
Black Dynamite: I walked in.
Militant 2: So you one of them sneaky brothers, huh? Or maybe you an undercover pig. Or maybe you just a federal hitman.
Black Dynamite: If I was, you cats would already be dead. Now let me speak to the man in charge.
Militant #3: Sarcastically, I'm in charge.
[Exchanges hi-fives with the other militant]
Black Dynamite: If you were in charge, the people might as well surrender to whitey right now, because your survival skills ain't worth a damn.
Saheed: Black Dynamite.
[Walks into the room]
Saheed: It's been a long time, my brother.
Black Dynamite: [Exchanging hi-fives with Saheed] What it is, Saheed?
Militant 2: You know this Uncle Tom?
Black Dynamite: Listen sucka, I'm blacker than the ace of spades and more militant than you and your whole damn army put together. While you out there, chanting at rallies and brow-beating politicians, I'm taking out any money-fronting sucka on a humble that gets in my way. So I tell you what, when your so called revolution starts, you call me, and I'll be right down front showing you how it's done. But until then, you need to SHUT the FUCK UP when grown folks is talking.
Militant 2: I'm sorry.
Saheed: Yeah, we heard about what went down at the Hip Pocket. That was righteous.
Black Dynamite: That was personal, brother.
Saheed: Personal or not, you saved a lot of brothers and sisters. You need our help,
[pounds chest with right fist]
Saheed: we're here.
Black Dynamite: I can dig it.
[Black Dynamite pulls the bullet casing from his pocket]
Black Dynamite: What can you tell me about this?
[Saheed takes the casing, sniffs the inside for gunpowder and licks the outer casing]
Saheed: I ain't seen one of these in a while.
[Black Dynamite and Saheed walk out of the room]
Militant 2: [Whispers] I was gonna fuck him up.

Thu, 04/05/2012 - 09:25 | 2319080 somethingelse
somethingelse's picture

way to pull the curtain back ZH! 

Thu, 04/05/2012 - 09:26 | 2319082 silver500
silver500's picture

"Holds and manages proprietry positiosn including gold" - Nothing to see here then

Thu, 04/05/2012 - 09:26 | 2319083 ABG LINE
ABG LINE's picture

 "Secret Societies"

                         - John F. Kennedy


Thu, 04/05/2012 - 09:29 | 2319106 Sophist Economicus
Sophist Economicus's picture

He would have known

Thu, 04/05/2012 - 09:26 | 2319085 KingZola
KingZola's picture

I for one Welcome our New Currency Manipulating Overlords

Thu, 04/05/2012 - 09:34 | 2319130 tocointhephrase
tocointhephrase's picture

Well you are a true muppet!

Thu, 04/05/2012 - 09:53 | 2319203 Thamesford
Thamesford's picture

"Beaker" would be the appropriate character. Although I do believe the comment was /sarc.

Thu, 04/05/2012 - 09:56 | 2319214 tocointhephrase
tocointhephrase's picture

Then if that is indicated then I will relent, but as this is so far not the case, the comment stands.

Thu, 04/05/2012 - 09:26 | 2319086 jackinrichmond
jackinrichmond's picture

so these are the fckrs that are ruining our financial system and our world

thanks for posting their names..  

please post more of these 

Thu, 04/05/2012 - 09:27 | 2319087 Sophist Economicus
Sophist Economicus's picture

Gold isn't money!   Why the heck is it bundled with FX Currency Trading in each of their titles?    Must be a mass-typo

Thu, 04/05/2012 - 09:32 | 2319121 silver500
silver500's picture

"Holds and manages proprietary positions on all currencies including gold" - Pretty clear that gold is included in currencies, even though BB says its only for "tradition"

Thu, 04/05/2012 - 09:26 | 2319090 Village Smithy
Village Smithy's picture

My friend is a plumber, a damn good one though, and he has more "Connections" than any of these guys.

Thu, 04/05/2012 - 09:39 | 2319150 Gully Foyle
Gully Foyle's picture

Village Smithy

My friend is a electrician, a damn good one though, and he has made more "Connections" than any of these guys.

Thu, 04/05/2012 - 13:08 | 2319867 Village Smithy
Village Smithy's picture

Maybe someday our friends can get together over a beer and figure out how to spark up this economy that's in the toilet.

Thu, 04/05/2012 - 09:26 | 2319091 Segestan
Segestan's picture

If you think any of these guys are actually in ..Charge... you're ignorant.

Thu, 04/05/2012 - 09:32 | 2319123 mvsjcl
mvsjcl's picture

Fronts for the red shield.

Thu, 04/05/2012 - 09:28 | 2319095 DormRoom
DormRoom's picture

Glad to hear how Phds have high paying jobs where all they do is watch a screen, and if it goes below 1.20, one guy presses a button.

Thu, 04/05/2012 - 09:27 | 2319097 ISEEIT
ISEEIT's picture

So is Bernanke so far down the food chain as to not even deserve a mention?

Thu, 04/05/2012 - 09:27 | 2319099 SillySalesmanQu...
SillySalesmanQuestion's picture

Are these the new "Wanted" posters Tyler promised us...? No bounties eh, good for target practice.

Thu, 04/05/2012 - 09:59 | 2319227 Jethro
Jethro's picture

A deck of cards would be better.  Like the ones issued to US troops in Iraq early in the war.

Thu, 04/05/2012 - 09:29 | 2319102 rwe2late
rwe2late's picture


Is that the pinnacle of the power elite?

and CB Services Head R.A. Jones answers to no one?

Thu, 04/05/2012 - 10:04 | 2319243 rwe2late
rwe2late's picture

The next step up the power ladder is the board of directors:


Thu, 04/05/2012 - 09:37 | 2319140 jus_lite_reading
jus_lite_reading's picture

Without clicking the link... is it Jimmy Dimon? 

Thu, 04/05/2012 - 09:29 | 2319108 DutchDude
DutchDude's picture

wow; only a four-line-link... that's like they're not even trying to hide...

Thu, 04/05/2012 - 09:29 | 2319110 maneco
maneco's picture

The BIS is a Sovereign Entity as all their directors have diplomatic passports and immunity. The BIS, even though it is based in Switzerland, is above the law so to speak. It is a very secretive organization. look at who's on the board at the BIS: Ben S Bernanke, Washington, DC; Mark Carney, Ottawa; Agustín Carstens, Mexico City; Luc Coene, Brussels; Andreas Dombret, Frankfurt am Main; Mario Draghi, Frankfurt am Main;  William C Dudley, New York; Stefan Ingves, Stockholm; Mervyn  King, London; Klaas Knot, Amsterdam; Anne Le Lorier, Paris; Baron Guy Quaden, Brussels; Fabrizio Saccomanni, Rome; Ignazio Visco, Rome; Jens Weidmann, Frankfurt am Main; Zhou Xiaochuan, Beijing


Thu, 04/05/2012 - 09:30 | 2319113 mvsjcl
mvsjcl's picture

Talk about keeping a low profile. A virtual Google black hole.

Thu, 04/05/2012 - 09:30 | 2319116 the tower
the tower's picture

The Swiss Franc belongs to Switzerland, it's their right to do with it what they want.

Thu, 04/05/2012 - 10:43 | 2319368 quartshort
quartshort's picture

Right up until they pegged the swizzle to the zEuro you meant to say, right?

Thu, 04/05/2012 - 09:31 | 2319117 the 300000000th...
the 300000000th percent's picture

They only exsist because the underlying system allows it. I mean, yeah they have a part in it, but given any average human the opportunity to exploit, manipulate, and steal profits than its only a matter of time before even the best of humanity would stoop to base greed instincts. Don't blame the mirror because your ugly, we have to change the system that allows this type of unregulated manipulation. I guess we need a violent revolution.

Thu, 04/05/2012 - 09:32 | 2319122 WAMO556
WAMO556's picture

I don't think that anyone of (add pronoun here) will find them on the to speak. What we will find is their information collection/security frontmen who are proffessionals par non who will have done their duties and advised their clients on various courses of action to make sure that none of YOU ever make that meeting on the street. There is only one way to have that meeting! Just saying.

Thu, 04/05/2012 - 14:18 | 2320019 Kobe Beef
Kobe Beef's picture

What, impersonate a 15 year-old call girl?

Thu, 04/05/2012 - 09:34 | 2319126 ElvisDog
ElvisDog's picture

Why are these Captains of Finance always bald fucks? Paulson, Dimon, Blankfein, the guy in this article. Not just balding, but god-damned cue balls.

Thu, 04/05/2012 - 09:43 | 2319166 Seasmoke
Seasmoke's picture

FYI Dimon has a head full of hair for you to grab......perhaps that why they use the cue ball

Thu, 04/05/2012 - 09:49 | 2319178 ElvisDog
ElvisDog's picture

Oh, sorry, I meant the other evil banker who is a bald fuck. I'm sure it's a comfort to Jamie that you have his back.

Thu, 04/05/2012 - 13:03 | 2319849 ajax
ajax's picture

And you should see the hair on their backs...

Thu, 04/05/2012 - 09:34 | 2319127 fuu
fuu's picture

The Gnomes of Zurich.

Thu, 04/05/2012 - 10:00 | 2319229 slewie the pi-rat
slewie the pi-rat's picture

the banksterGenome project?

shoot first; take mitochondrial scalp sample later?

Thu, 04/05/2012 - 10:42 | 2319364 fuu
fuu's picture

Would be interesting to see which daughter of eve they spring from.


btw are you not doing the zchat thing?

Thu, 04/05/2012 - 11:08 | 2319465 Ratscam
Ratscam's picture

They are in Basel NOT Zurich and since they are extraterritorial, they are not even on Swiss ground.

A country within a country, like Vatican or City of London

Thu, 04/05/2012 - 09:34 | 2319128 Nothing To See Here
Nothing To See Here's picture

"Holds and manages proprietary positions on all currencies including gold"

Which would mean that gold is money after all? These banksters can't even get to agree between themselves.

Thu, 04/05/2012 - 09:46 | 2319175 DutchDude
DutchDude's picture

bet they're stacking the shit out of PM's

Thu, 04/05/2012 - 09:34 | 2319129 Quintus
Quintus's picture

I would particularly like to thank Mr Charoze & Co. for their excellent work on the massive raid on gold immediately prior to the announcement of the Swiss peg last year.

If I ever meet these guys in the street, I will express my gratitude personally, and with some force.

Thu, 04/05/2012 - 09:36 | 2319136 tony bonn
tony bonn's picture

this expose is exquisitely wonderful - i love putting a face on evil instead of relying on the nebulous "they." i love calling out the names who murdered kennedy and did 9/11 with the bush crime syndicate (and specific names) so identified.

please show us the creeps who manipulate gold in the usa and know - the ones doing the lord's work...

Thu, 04/05/2012 - 10:31 | 2319325 DeadFred
DeadFred's picture

But doesn't the infamous THEY send more shivers up your spine? The shivers should be running up their spines based on the precarious point the EURUSD is on its current head and shoulders pattern. They've never had to intervene with CHF when the Euro was rising. It could be hours away from another gut wrenching fall.

Thu, 04/05/2012 - 09:36 | 2319139 P the P
P the P's picture

So, so wide of the mark. These guys are at the BIS.  The EUR/CHF floor was imposed by the SNB who also conducted the buying today.  Try and get it right before coming over all bitter and twisted.

Thu, 04/05/2012 - 09:39 | 2319151 maneco
maneco's picture

The SNB is a client of the BIS so the BIS also intervenes on behalf of the SNB. Zerohedge is dead right on this one!

Thu, 04/05/2012 - 09:49 | 2319187 P the P
P the P's picture

Yes it intervenes ON BEHALF of the SNB.  And you'll find the latter was the bid on the dealing toys.

Thu, 04/05/2012 - 09:38 | 2319145 maneco
maneco's picture

The BIS also helped finance the German war effort back in the early 1940s while at the same time helping finance the Allied nations!

Thu, 04/05/2012 - 11:24 | 2319491 Ratscam
Ratscam's picture

BIS has NAZI background, read here with google translate button.

or watch English documentary "Banking with Hitler"

Thu, 04/05/2012 - 13:07 | 2319866 ajax
ajax's picture

@maneco   Tell me who didn't.

Thu, 04/05/2012 - 09:38 | 2319148 AUD
AUD's picture

intervention by various monetary authorities to prevent the Swiss Franc from trading anywhere close to its fair value


Thu, 04/05/2012 - 09:40 | 2319155 gwar5
gwar5's picture

The head guy, Benoit Gibson, opted out most of his personal info.  If he's doing God's work he should have no fear.


These guys get special diplomatic type passports with immunity, and the HQ in Basel is awesome, complete with underground bunkers and a huge gym and spa with perky attendants.

Thu, 04/05/2012 - 09:44 | 2319168 maneco
maneco's picture

They also pay no income tax!

Thu, 04/05/2012 - 09:41 | 2319158 SIOP
SIOP's picture

Am I the only one who read "Mikael Charozé" as Micheal Corlione?

Thu, 04/05/2012 - 09:40 | 2319159 AcidRastaHead
AcidRastaHead's picture

Anyone who's firstname is the same as their lastname clearly can't be trusted.

Thu, 04/05/2012 - 09:41 | 2319163 cooperbry
cooperbry's picture

LOL - Awesome.  Eventually, economic forces will overwhelm.

Thu, 04/05/2012 - 09:44 | 2319169 over45
over45's picture

Someone should create a fund that people can donate to which puts together a plan of action to make their life miserable.   Some may want to take them out - but better still - follow their every move, report on their whereabouts, follow them and their families and make them miserable.

We really need a concerted movement because talk does nothing. 

Thu, 04/05/2012 - 09:56 | 2319218 Global Hunter
Global Hunter's picture

yes but in the meantime keep talking about it, shine a light on 'em in any way you can.

Thu, 04/05/2012 - 09:46 | 2319174 10044
10044's picture

Excuse my french but ZeroHedge FUCKING ROCKS.
Ok, excuse my swiss on this occasion

Thu, 04/05/2012 - 09:46 | 2319177 sudzee
sudzee's picture

The hit gold took over the last few days was an attempt to lower the Swiss franc by lowering the price of the metal. The Swiss franc is the only currency backed by a gold.

Thu, 04/05/2012 - 09:52 | 2319200 AUD
AUD's picture


Thu, 04/05/2012 - 10:16 | 2319284 slewie the pi-rat
slewie the pi-rat's picture


just exactly how much gold is a swiss franc "backed by"?

Thu, 04/05/2012 - 11:16 | 2319505 Ratscam
Ratscam's picture


Thu, 04/05/2012 - 10:59 | 2319433 Arthur Borges
Arthur Borges's picture

Oh Sudzee! You were thinking of Gaddafi's gold dinar.

It was doomed the day the peaceful demonstrators of Benghazi kicked off their invasion by founding a new central bank.



Thu, 04/05/2012 - 09:53 | 2319204 Jethro
Jethro's picture

Bald head?  They are merely channelling Dr. Evil....

Thu, 04/05/2012 - 09:55 | 2319212 Global Hunter
Global Hunter's picture

AWESOME!!! Shine a light on 'em

Thu, 04/05/2012 - 10:01 | 2319235 maneco
maneco's picture

The BIS is the head of the "fiat money snake".

Thu, 04/05/2012 - 10:04 | 2319242 Zola
Zola's picture

There are always small men doing the bidding of their master and eating the crumbs they are left from the table. These people are not different, they are actually very common , yeah just "following orders" . pathetic souls all of them

Thu, 04/05/2012 - 10:10 | 2319265 ebworthen
ebworthen's picture

God forbid the Euro should go to parity with the dollar or the CHF!

Thu, 04/05/2012 - 10:12 | 2319275 eddiebe
eddiebe's picture

These are not the real villains. The SNB is defending the frank. They are forced to print because the Fed and ECB are printing. They are trying to stem the tide of money flooding into little Switzerland because of the mistaken view that the swiss franc is still a safe haven, which it is not anymore since the SNB announced a lock to the Euro at 1.20. And no, the swiss franc is not locked to gold it is fiat, just like all the rest.

When the reserve currency printer of the world prints, the rest of the world has no other option but to follow, if they want to keep trading with the rest of the world.

Thu, 04/05/2012 - 10:29 | 2319317 shahroodi
shahroodi's picture

wooow tyler..really nice post...tks for information

Thu, 04/05/2012 - 10:29 | 2319318 Platypus
Platypus's picture

Give me a break guys and stop the whining.


If you can't handle it go do something else.

Thu, 04/05/2012 - 10:47 | 2319383 Dorky
Dorky's picture

They are the ones belonging to the WANTED, DEAD OR ALIVE list.

Thu, 04/05/2012 - 11:30 | 2319539 loveyajimbo
loveyajimbo's picture

By saying "thank you", I think Tyler means do it with a couple of Black talons in the belly...

Thu, 04/05/2012 - 11:43 | 2319584 Ted Baker
Ted Baker's picture




Thu, 04/05/2012 - 11:48 | 2319596 unicorn
unicorn's picture

shame, but true: all i know about swiss banks etc i learn from blogs outside switzerland. the swiss media just keeps repeating montistyle, that everything is perfect, superbe, shut up and dont ask.

so thanks, zh, and bring more please.

Thu, 04/05/2012 - 12:18 | 2319696 Bullionaire
Bullionaire's picture

Wait...why does BIS have a dep't called Foreign Exchange AND GOLD?


Greedsplan said central bankers don't pay much heed to gold.


And Bernankrupt made it quite clear that CBs only hold it because of "tradition."


So what gives?

Thu, 04/05/2012 - 17:24 | 2320551 MeelionDollerBogus
MeelionDollerBogus's picture

Solid evidence of currency manipulation, no matter what MillionDollarFuckup says...

2011 sep 06 gold flash crash full overlays | Flickr - Goldpricemodel

Even if MDB is merely an incarnation of Poe's Law...

Thu, 04/05/2012 - 18:54 | 2320759 trader1
trader1's picture

i'll have to say "hey, i saw your picture on zerohedge!" the next time i see one of them at the starbucks by the sbb...

Fri, 04/06/2012 - 01:42 | 2321378 Monk
Monk's picture



Thu, 06/14/2012 - 10:31 | 2525518 augustusgloop
augustusgloop's picture

more likely had been circle jerking to a you tube clip of an old jerry lewis movie

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