John Key, Fletchers and the Christchurch rebuild

Christchurch, Fletcher and Zombie banks…? Are John Key’s masters making a mint out of the Christchurch Quake?

Aotearoa; a Wider Perspective

7 December, 2012

Last week Christchurch Rapper Trillion drew my attention to a list of shareholders of Fletcher and with the news media writing about the old boys network finding cushy jobs for their offspring I thought it was time I brought out the information I was able to put together which shows exactly how incestuous the upper echelons of the international elite is and how connected John Key is to all this  and why we should not be surprised to see Nepotism rear it’s ugly head in Christchurch.

Trillion asked on his facebook page who owns Fletcher building and wondered intoning my facebook page (which I thought was very flattering) in which of those shareholders, the majority of which were banks, John Key would have shares causing John Key to make money indirectly of the Chch quake and having a possible conflict of interest in appointing Fletcher building as the company rebuilding Christchurch.

Here is what I found:

The shareholders of Fletcher building are according to the list:

NEW ZEALAND CENTRAL SECURITIES DEPOSITORY LIMITED
 with 296215920 shares

JP MORGAN NOMINEES AUSTRALIA LTD
with 43521538 shares

 NATIONAL NOMINEES LIMITED

with 38404045

RBC DEXIA INVESTOR SERVICES AUSTRALIA
with 38263529 shares

HSBC CUSTODY NOMINEES AUSTRALIA LIMITED
with 20757955 shares

COGENT NOMINEES PTY LTD
with 11165996 shares

CITICORP NOMINEES PTY LIMITED
with 10882102 shares

UBS Nominees Pty Ltd
with 5391125 shares

CITICORP NOMINEES PTY LIMITED
with 4866790 shares

RBC DEXIA INVESTOR SERVICES AUSTRALIA (PIIC A/C)
with 4839937 shares

Bear in mind this is only the 10 biggest share holders and it might be interesting to ask for Fletcher buildings entire list of share holders but for the purpose of this post the list above is enough.

Next I want to give you another list. The list of the biggest shareholders of Bank of America in which John Key holds a large chunk in shares according to the government site pertaining to personal interests of Politicians.

As you see the lists share some of the names. Don’t let the Australia extension fool you because technically that might mean they are a different financial entity but in reality it just means it’s the same company with branches in Australia.

So let’s go over the first list one by one shall we?

NEW ZEALAND CENTRAL SECURITIES DEPOSITORY LIMITED
with 296215920 shares

This company is none other than a branch of the NZ reserve bank and while most people still think that this is just a benign separate entity invented to help the incompetent NZ government to manage our funds this is of course a branch of the Rothschild banking empire which incidentally also controls Bank of America and the bank of England

JP MORGAN NOMINEES AUSTRALIA LTD
with 43521538 shares

In August 2007 a small news paper article appeared in the Waikato times if I remember correctly announcing that JP Morgan Chase had opened a branch in New Zealand. They announced at the same time that they would not be open to the wider public but would only be handling larger industrial projects.

JP Morgan is notorious for financing mountain top removal and is also a major share holder in Bank of America.

NATIONAL NOMINEES LIMITED
with 38404045

National Nominees ltd is what is commonly referred to as an Agent Bank which means it operates on behalf of other banks making this shareholder a bit of a mysterious grey horse as it is not clear who really holds the shares and what made it even more intriguing was the fact that their website was not accessible.

RBC DEXIA INVESTOR SERVICES AUSTRALIA
with 38263529 shares and

RBC DEXIA INVESTOR SERVICES AUSTRALIA (PIIC A/C)
with 4839937 shares

Dexia is a Franco Belgian bank whose biggest trading partners are Goldman Sachs and Morgan chase. The bank received $6 billion in the 2008 crisis and was recently the first European bank called “too big to fail” and was bailed out a la A.I.G and the US banks.

HSBC CUSTODY NOMINEES AUSTRALIA LIMITED
with 20757955 shares

HSBC is another fine example of banking rectitude. It is the biggest issuer of credit cards in the US were they charge loan shark interests and they have just been convicted of scamming thousands of vulnerable old age pensioners out of their savings on products which would mature well after their deaths.

Together with Goldman Sachs, JP Morgan Chase and Societe General they were also the biggest bank to Mohammar Gaddafi.

COGENT NOMINEES PTY LTD
with 11165996 shares

I a group which also holds huge shares in Rio Tinto and Sirtex medical (about which more later)

CITICORP NOMINEES PTY LIMITED
with 10882102 shares and

CITICORP NOMINEES PTY LIMITED
with 4866790 shares

Citicorp is the old name of what is after a merger now called Citigroup and the bank like Morgan chase is also one of the biggest shareholders in Bank of America.

When John Key was part of the Foreign Exchange committee he shared that honour with James Kemp from Citigroup.

UBS Nominees Pty Ltd
with 5391125 shares

Is a Branch of the Swiss bank UBS AG. This bank is also heavily exposed to the international derivatives trade. No personel has been recorded and no profile for clients has been given. I could serve as a front for other banks and also shows up on other corporation shareholders list indicating it could be involved in the privatisation of ACC (more on that later)

The fact that two banks hold more than 1 lot of shares could indicate that these are divided into to investor groups.

In fact it could be that all these banks just service large groups of investors with these shares as investment funds. In fact it is more than likely.

However it must be remembered that while these investors themselves are not the bad guys as all they want is just the biggest return on their money as they can get but that the corporations servicing these funds are bound by law to give their investors the biggest return on their money as they can and they do so in a psychopathic manner. If you doubt this I suggest you watch the film the Corporation 

But what has John Key has to do with this you ask?

Apart from the fact that John Key has two trusts one of which is blind which both could be holding shares in said investment funds which would be a conflict of interest he also has a shares and quite a substantial number of them in Bank of America.

Bank of America is one of the five banks which are to big to fail and heavily exposed to the Derivatives trades currently destroying the global economy.

If Bank of America collapses John Key loses a lot of money and these banks are investing heavily in real world assets with their soon to be worthless US $. In order for John Key to protect his wealth he has to keep on supporting the system in which these banks operate. Having shares in the company which does most of it’s restoration and rebuilding work in Christchurch and being given the money by the NZ government to do so is one such operation.

In giving Fletcher building the job the National government helped John Key do just that.

In researching the names of the shareholders I also uncovered a series of PDF’s and links to other companies about which I will write at length in the coming days connecting these same shareholders to Rio Tinto and several Medical corporations indicating the same conflict of interest with the coming privatisation of ACC and the mining tsunami coming our way.