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UPDATE -- WASHINGTON, DC -- July 31, 2005

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easymoney101 Member Level  Sunday, 08/07/05 10:33:13 PM
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UPDATE -- WASHINGTON, DC -- July 31, 2005 -- On June 20, Intelligence Whispers reported on New York Attorney General Eliot Spitzer's investigation of American Insurance Group and shady deals involving Citigroup, Enron, and UBS. This weekend brought two strange deaths involving recently retired top banking officials -- one in New York and the other in Europe. On July 30, it was reported that former Citigroup board member Arthur Zankel fell from the window of his 9th floor Manhattan apartment. Zankel retired from Citigroup's board in 2004 and was said by his longtime friend and colleague, Citigroup Chairman Sanford Weill to have been suffering from depression. Hours later, Wim Duisenberg, the retired head of the European Central Bank, was found dead in his swimming pool at his villa in Faucon, in southeastern France. Duisenberg retired in 2003. On July 29, Milan prosecutors announced indictments against subsidiaries of UBS, Deutsche Bank, Citigroup, and Morgan Stanley as part of the investigation of the financial collapse of the Italian dairy mega-corporation Parmalat. Duisenberg was backed for the head of the European Central Bank by the German banking establishment, including Deutsche Bank.
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