Cempaka Belanda: The Netherlands nationalises financial services group SNS Reaal

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Friday, February 1, 2013

The Netherlands nationalises financial services group SNS Reaal

DutchNews.nl, Friday 01 February 2013

Finance minister Jeroen Dijsselbloem explains his decision to reporters.
Photo: Novum

Dutch bank and insurance group SNS Reaal, in trouble because of heavy losses on its property finance division, is to be nationalised, the Dutch finance ministry announced on Friday.

Finance minister Jeroen Dijsselbloem said the state bailout was needed to prevent the Netherlands' fourth-largest bank from collapsing.

The nationalisation means two of the four biggest Dutch banks are now in state hands. ABN Amro was nationalised following its abortive takeover by an international banking consortium.

‘Today, SNS Reaal has been fully taken over by the Dutch state. Without finding a solution, there was an immediate and dangerous situation for financial stability,’ Dijsselbloem told an early morning news conference. ‘I had to conclude that nationalisation was inevitable.'

Shareholders

The takeover means shareholders will probably lose all their investments. Retail savers with deposits up to €100,000 are protected under the guarantee scheme.

Shareholders lobby group VEB said it was already looking at legal action to ensure compensation for shareholders.

The direct costs of the nationalisation amount to €3.7bn, including a capital injection of €2.2bn - the equivalent of some €220 per person. The state is also providing some €6bn in loans and guarantees for future operations.

Earlier this week, it emerged investment group CVC was interested in taking over the healthy parts of SNS Reaal. But that deal would have involved the state taking a major financial risk without having a say in decision-making, Dijsselbloem told reporters.

Boardroom changes

The nationalisation also means all change among top executives. Chief executive Ronald Latenstein, finance head Ference Lamp and head of the supervisory board Rob Zwartendijk are all out. Gerard van Olphen, CFO at health insurance group Achmea, will take over as CEO.

SNS is the fourth largest banking and insurance group in the Netherlands. In 2008, SNS received a state bailout of €750m which it has not yet repaid.

Earlier efforts to involve the other three big banks, ABN Amro, ING and Rabobank, in the rescue were scuppered by Brussels because ABN Amro and ING themselves have had state aid.

Much of the blame for the financial problems facing SNS Reaal

has been laid at the door of Sjoerd van Keulen, who pushed through

the purchase of Bouwfonds Property Finance in 2006.

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