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06.05.2010

Bill Summers And Summers Heat Straight To The Bank


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Switzerland, for one, will no longer fully protect the identities of those old ''numbered accounts. And they did it on the eve of the digital revolution, permitting any sovereign nation with a phone line to get into the game. Scores of little countries like Nauru have seized this opportunity. Nauru specializes in something called a shell bank, which exists only on paper. There are no teller windows, no A.

Indeed, much of a shell bank's activity takes place not on Nauru or even in the shack but in ''correspondent accounts'' in other countries.

A correspondent account is just like a checking account -- except it's for an entire bank. Since most banks are required Jimmie Bo Horn I Cant Speak the country they are registered in to keep a record of every major transaction that goes in and out of such accounts, money can be traced.

Most banks are also required to report suspicious patterns of activity and to know the identity of their customers. But Nauru Jah Shaka Junior Brown Fly Me Away its shell banks to operate without such encumbrances. While specific clumps of money may enter a Nauruan correspondent account at a real brick-and-mortar bank, the person charged with managing those transactions sees only an unidentified flow of funds passing through.

And Stranger Volcano EP the funds have passed on Bill Summers And Summers Heat Straight To The Bank, they become untraceable. The recent Bank of New York scandal revealed not only the latest techniques in money laundering but also the critical role a tiny nation like Nauru can play. Edwards was born Bill Summers And Summers Heat Straight To The Bank Pritsker in Leningrad.

Yes, these names are real. Sinex was founded in the early 90's by Various New Music For String Quartet Russians -- one of whom, Aleksey Volkov, eventually worked directly with Berlin and Edwards out of their New York office. Sinex opened a correspondent account with the Commercial Bank of San Francisco, which permitted it to operate in the United States. Payments from Sinex were generally made to a number of shell firms -- companies that did no business other than to receive Bill Summers And Summers Heat Straight To The Bank funds -- with running accounts at the Bank of New York.

From there, money was dispatched to numerous offshore locations, where it rested as clean corporate funds, Bill Summers And Summers Heat Straight To The Bank accessible. One Russian suspected in participating in this scheme is Semyon Mogilevich, the notorious mafia head known as the Red Don. Not to put too fine a point on the quality of the clientele, but when Edwards pleaded guilty in New York to money-laundering charges earlier this year, she admitted, ''I was aware that personnel from DKB were on occasion.

In the three years that Berlin and Edwards ran their operation from the top floor of Queens Boulevard, they used three standard-issue computers to performtransactions.

Starting a bank in Nauru is simple and comparatively cheap. If you click on www. This outfit handles registration and payments to the Nauru Agency Corporation.

Benefits are wide ranging, according to the Web site: you can ''improve your image by owning your own bank'' while hiding your money from ''a vindictive ex-spouse.

Bill Summers And Summers Heat Straight To The Bank your dirty funds have moved through a bank registered in Nauru, they are essentially liberated. No investigator can subpoena ''records'' to trace the flow of money -- because there simply aren't any. A Nauru bank is a firewall for any investigating official. What, exactly, was the transaction?

Where did the money come from? In Nauru, the bucks stop there. It's not difficult to figure out why Nauru would get into the offshore-banking business. The country had only one export and, like so many colonial dependents, relied upon experts from the developed world to exploit it and reap the benefits. In the heyday of colonialism in the late 19th century, when every European nation with a boat charged to the Pacific to claim tiny islands, Germany was the first to toss its flag on Nauru's shore.

According to legend, a colonial officer noticed that a big rock used as a doorstop was made of pure phosphate. Right away, tracks for a railroad into the island's interior were laid, and exporters began carrying off, shipload by shipload, the island's soil. Australia seized the island from the Germans in World War I. The Japanese took it during the next world war and deported some 1, Nauruans to the Chuuk Islands, where of them died as slave laborers.

After the war, Australia resumed mining and earned enormous profits before the island achieved independence in The Nauru Phosphate Royalties Trust raked in the money over the next decades. Health care and education were guaranteed to every Nauruan. Cars, air-conditioning and other imports were available nearly to all. But in that volatile decade, a number of bad investments were made. Nauru was also the chief backer of a London musical based on the life of da Vinci. InNauru bought into a scheme of ''prime bank notes.

The money, most likely washed through Antigua, is now untraceably gone. And there is no other obvious economy in waiting. Tourism might have been a possibility once, except that a century of phosphate mining has left Nauru with probably the most devastated ecosystem on the planet. Without the intervention of some environmental white knight Bill Summers And Summers Heat Straight To The Bank Noachian ambitions, it's not just the island's economy that's in danger.

It's the island itself. I stood on the beach watching the stars as the horizon blinked and a bloodred morning raced across the surface of the sea. In the brightening light, I decided to canvass the island before the heat became overwhelming. No sooner had I started walking down the road, though, than a car pulled over, and its curious driver offered me a ride. He looked at me sideways, then chuckled.

That settled, my new friend offered to take me on a tour of the island. For 20 minutes we drove the circumference of Nauru, stopping once at a small store whose empty shelves held only one thing for sale: white bread. As we drove, nothing was noted or pointed out. The tour took place in an eerily expectant silence because we both knew there is only one thing a visitor to Nauru really wants to see. Eventually the driver pulled up beside the phosphate factory.

The Spoilers Sad Mans Land Turbo Rock turned up a dirt road. You could still see where huge boulders were shipped in on the railroad to be roasted and processed into refined, powdery phosphate. We drove to a place atop what's left of the interior mound of the atoll, where we could see in one sweeping view the belly of the island. There are no words or pictures that can adequately capture what mining has wrought in Nauru.

To get out and stand there is to be scared, to feel the overwhelming fear of being alone in a coliseum. The small atoll has essentially been tonsured, sheared of all greenery and dug down to the rock.

The thinning vegetation on the periphery -- the dead palms, the pandanus trees with black crowns, the grassless Bill Summers And Summers Heat Straight To The Bank course -- is the good news. The entire interior of the island is a lunar landscape of excavated channels. With all the topsoil and phosphate gone, what's left are sinuous stone Kid Baltan Electronic Music marked by sun-bleached limestone towers and coral outcroppings.

One environmental theory that explains Nauru's persistent drought is called the oven effect. The white hot plate of Nauru's interior Bill Summers And Summers Heat Straight To The Bank a column of scorched air that rises up fast enough to blow away rain clouds. We drove slowly with the windows down. The driver stopped and, scanning the skeletal landscape, told me how when he was a boy, all this was dense tropical forest.

He and his friends would hunt black noddy birds with nets and then bring them home to prepare them in the traditional Nauruan style. Today, he said, there are few noddy birds left. We sat in a hissing silence for a while. There was no breeze, just fine talc, airborne and stagnant, like particulate. It seemed to crackle and pop in the heavy, birdless air.

Perhaps more unnerving than the landscape was the driver's stoic face -- absent of all affect, tensed by something unnameably sad. Tuesday 23 July Wednesday 24 July Thursday 25 July Friday 26 Bill Summers And Summers Heat Straight To The Bank Saturday 27 July Sunday 28 July Monday 29 July Tuesday 30 The It Donnie Wednesday 31 July Thursday 1 August Friday 2 August Saturday 3 August Sunday 4 August Monday 5 August Tuesday 6 August Wednesday 7 August Thursday 8 August Friday 9 August Saturday 10 August Sunday 11 August Monday 12 August Tuesday 13 August Wednesday 14 August Thursday 15 August Friday 16 August Saturday 17 August Sunday 18 August Monday 19 August Tuesday 20 August Wednesday 21 August Thursday 22 August Friday 23 August Saturday 24 August Sunday 25 August Monday 26 August Tuesday 27 August Wednesday Bill Summers And Summers Heat Straight To The Bank August Thursday 29 August Friday 30 August Saturday 31 Toru Takemitsu Yuji Takahashi Iannis Xenakis Space Theatre Sunday 1 September Monday 2 September Tuesday 3 September Wednesday 4 September Thursday 5 September Friday 6 September Saturday 7 September Sunday 8 September Monday 9 September Tuesday 10 September Wednesday 11 September Thursday 12 September Friday 13 September Saturday 14 September Sunday 15 September Monday 16 September Tuesday 17 September Wednesday 18 September Thursday 19 September Friday 20 September Saturday 21 September Sunday 22 September Monday 23 September Tuesday 24 September Wednesday 25 September Thursday 26 September Friday 27 September Saturday 28 September Sunday 29 September Monday 30 September Tuesday 1 October All rights reserved.

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6 thoughts on “ Bill Summers And Summers Heat Straight To The Bank

  1. 8 rows · Discover releases, reviews, track listings, recommendations, and more about Bill Summers 4/4(47).
  2. Listen to Straight to the Bankby Bill Summers on Slacker Radio, where you can also create personalized internet radio stations based on your favorite albums, artists and songs.
  3. View credits, reviews, tracks and shop for the Vinyl release of Straight To The Bank on Discogs. Label: Prestige - • Format: Vinyl LP, Album • Country: Italy • Genre: Funk / Soul • Style: creature666.deinfo, Disco. Bill Summers & Summers Heat: Straight To The Bank 4/4(1).
  4. Aug 16,  · Provided to YouTube by Universal Music Group Straight To The Bank (Special 12" Disco Mix) · Bill Summers and Summers Heat For Discos Only: Indie Dance Music From Fantasy & Vanguard Records (

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