Victim: Kraig Higginson

Victim - Company

Kraig Higginson is the Executive Chairman of the Board at Sundance Strategies, Inc. Higginson served as Chief Executive Officer of VIA Motors, Inc., until January 2014. From October 2003 until November 2010, he served as Chairman of the Board of Directors of Raser Technologies. Higginson also founded American Telemedia Network, Inc., a publicly-traded NASDAQ company. In 2019, Raser Technologies filed a lawsuit against Morgan Stanley and claimed the defendants “devised and perpetrated a naked short selling stock manipulation scheme that targeted and intentionally destroyed a Utah company, Raser Technologies.” This action resulted in Raser filing for bankruptcy. Plaintiffs also subsequently sued Merrill, Goldman, and several related entities, for violations of the Utah Pattern of Unlawful Activity Act.

Biography

Sundance Strategies

 

Subject: Rachel Lord

Subject of Interest

Rachel Lord is a member of BlackRock’s Global Executive Committee. She is a Senior Managing Director, is Head of Europe, Middle East and Africa for BlackRock. Prior to assuming her current role in September 2017, she was EMEA Head of iShares and Head of Global Clients, ETF and Index Investments. Lord joined BlackRock in November 2013 from Citigroup where she was the Global Head of Corporate Equity Derivatives. She joined Citigroup in 2009 after thirteen years at Morgan Stanley. She graduated in 1987 from the University of Leeds with a BA (Hons) First Class in International History & Politics.

Biography

Black Rock, Inc 

Subject: Gary Shedlin

Subject of Interest

Gary Shedlin is a member of BlackRock’s Global Executive Committee and is BlackRock’s Chief Financial Officer. Prior to joining BlackRock in 2013, Shedlin was at Morgan Stanley where he was a Vice Chairman, Investment Banking, and a Managing Director in the Financial Institutions Group. Prior to joining Morgan Stanley, Shedlin was Chairman of Citi’s Financial Institutions Group and a Managing Director and Co-Head of the Financial Institutions Group at Lazard. Shedlin received a BA in Economics, summa cum laude, from Colgate University, and his MBA from Harvard Business School.

Biography

Black Rock, Inc 

Academic: James J. Angel

Academic

James J. Angel specializes in the market structure and regulation of global financial markets.  He teaches undergraduate, MBA, and executive courses, including Investments and Capital Markets at Georgetown University. ”Dr. Jim” has testified before Congress about issues relating to the design of financial markets.  Dr. Jim began his professional career as a rate engineer at Pacific Gas and Electric. Along the way he has also worked at BARRA (later part of Morgan Stanley). He has also served as a Visiting Academic Fellow in residence at the National Association of Securities Dealers (NASD – now FINRA) and also as a visiting economist at the Shanghai Stock Exchange. He has also been chairman of the Nasdaq Economic Advisory Board, a member of the OTC Bulletin Board Advisory Committee, and has served on the board of directors of the Direct Edge Stock Exchanges (later part of BATS Global Markets). He graduated from the University of California-Berkeley, Ph.D.

Subject: Kevin M. Warsh

Subject of Interest

Kevin M. Warsh was sworn in as a member of the Board of Governors of the Federal Reserve System on February 24, 2006. He left the Board on March 31, 2011. In 1995, Warsh accepted a position with the mergers and acquisitions department at Morgan Stanley & Co. in New York. In  2002, Warsh left his vice president and executive director post at Morgan Stanley & Co. to join the administration for President George W. Bush. He served as special assistant to the president for economic policy and as executive secretary at the National Economic Council. In addition, he advises several companies including serving on the board of directors of United Parcel Service. He graduated from Stanford University(BA), and went on to Harvard Law School and received a law degree in 1995. He also completed coursework in market economics and debt capital markets at Harvard Business School and the Massachusetts Institute of Technology’s Sloan School of Management.

Biography

Board of Governors of the Federal Reserve System

Subject: James P. Gorman

Subject of Interest

James P. Gorman is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman and chief executive officer (CEO) of Morgan Stanley. Before joining Morgan Stanley, Mr. Gorman held a succession of executive positions at Merrill Lynch. Prior to this he was a senior partner of McKinsey & Co. and began his career as an attorney in Melbourne, Australia. He also serves as a director of the Council on Foreign Relations and formerly served as president of the Federal Advisory Council to the U.S. Federal Reserve Board, co-chairman of the Partnership for New York City, chairman of the Board of the Securities Industry and Financial Markets Association. Mr. Gorman, who was born in Australia, earned a bachelor of arts degree and a law degree from the University of Melbourne and a master of business administration degree from Columbia University.

Biography

Federal Reserve Bank of New York

Subject: Charles Phillips

Subject of Interest

Charles Phillips is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman of the Board of Infor, the third largest business software applications company in the world. Prior to Infor, Phillips was president of Oracle Corporation and a member of its board of directors. Before Oracle, Phillips was a managing director at Morgan Stanley in the Technology Group and served on its board of directors. Phillips holds a B.S. in Computer Science from the U.S. Air Force Academy, a J.D. from New York Law School, and an MBA from Hampton University and is a member of the Georgia State Bar Association.

Biography

Federal Reserve Bank of New York

Web: Our Financial Oligarchy; Emperors of a Brave New World

Web

Our Financial Oligarchy; Emperors of a Brave New World

They own the regulators; they own the brokerage houses; they own the clearing houses; they own all of your investments; and it’s even been shown that they can exert complete control over the government.

To understand how these banks exert complete control over our financial system, one must first understand the securities clearance system.

In the United States of America, there is only one central clearinghouse: The Depository Trust and Clearing Corporation, and for almost 50 years they have maintained a virtual monopoly over this essential service.

It is a private corporation that is owned by these mega-banks and brokers.

Read full free book online with many illustrations

PDF (470 Pages): Our Financial Oligarchy Back-Up