Victims of Corporate Fraud - a Compensation Fund

In 2002, after the Halliburton no-bid profiteering in Iraq and the Enron bankruptcy revealed the depths of the Cheney-Lay-Skilling predatory mind-set of CEOs willing to pillage their own companies, AB 55 added a new Section to the California Corporation Code. Section 1502.1 establised the Victims of Corporate Fraud Compensation Fund (VCFCF) in the State Treasury administered by the Secretary of State.

The purpose of the Fund is to provide restitution to the victims of corporate fraud. Once a fraud judgment is obtained, if collection efforts are fruitless, victims can turn to the Fund. Apparently, however, since 2002, no victim has recovered.

The Necessity of Impeachment - Saving the Constitution

Representative Dennis J. Kucinich (D-Ohio) sponsored a bill to impeach Vice President Dick Cheney. Progress has been impeded, but not for lack of evidence. Pure "politics". Congressional leaders are clearly doing their best to avoid what the Cheney ideologues are probably promising them, "a bruising floor fight".

Here is a man responsible for an illegal WAR, and the Congress is afraid of a "floor fight"? Cheney has violated his oath of office to protect the Constitution, but do not the persons of Congress also violate their oaths to the same Constitution if they fail to root out the offense?

Interestingly, the majority of the People favor impeachment. LAT 11/8/2007 letter reporting 54% according to American Research Group, confirmed. Thus, although the "political" obstacle has stalled the process, it is only temporary.

The impeachment is necessary to remove and prevent this billionaire from continuing draw "public benefits". The criminal indictment should be right behind the impeachment, and a disgorgement of his war profiteering could go toward compensating his victims.

Nazi Gold

According to a report released by the US government in December 1997, less than 20% of the gold looted by the Nazis across Europe and placed into officially "neutral" national banks has ever been returned. Nazi officers and German government agents deposited GOLD (not including cash) into national banks in Portugal, Spain, Sweden and Turkey. Those countries' banks STILL HAVE THE GOLD.

In addition, Switzerland only recently reports that it has $475 million worth of GOLD which was removed from other countries and deposited in Swiss banks during the war. $132 million was removed from occupied Austria and Czechoslovakia, and $146 million from Jews. Argentina is also reported to have Nazi Gold, all of which it has kept.

The Report was presented to the 41-nation conference on Nazi gold, giving figures FOR THE FIRST TIME.

In a separate revelation about the origin of the looted Gold, as a result of recent investigations begun by the World Jewish Congress, newly-discovered documents now confirm that 60 tons of gold were stolen from the Jews. Does it seem just crazy that no one went after these records earlier? And that even now, only Jews themselves, the disenfranchised victims, have to put the investigation together?

To put this in perspective (?), the Allies recovered 337 tons of plundered gold, and returned all but 5.5 tons to the Central Banks of the respective countries from which the removals were traced. None of this gold went back to any individuals, although significant amounts were looted from "private persons" [Jews].

Negotiations with the "neutral" countries continue--and they continue holding over $170 million in looted gold.

These are "GOLD" figures. Not cash, or the cash from the sale proceeds raised by the Nazis when they sold the property confiscated from millions of people. Where did the cash go?