CONCLUSION

INTRODUCTION PREDETERMINED PLAN 1975 AND 2000

None of this would have been possible without a predetermined plan which had the architects from the OMB (Office Management and Budget), U.S Treasury, Bankers Association for Foreign Trade, Securities Exchange Commission etc. busy structuring from 1970. The Rules and Regulations governing this CUSIP was available in March 1973. The energy behind the architects is the Nixon Story.

The CUSIP continues to perform its objectives but has been exchanged for a five year note and used for the agenda already discussed. The intellectual property remains the basis for my claim. Its units are divisible by all account. Ownership is as complex as were the realities President Nixon faced in creating the financial model funded by this CUSIP. The writers interest in understanding the globalisation dynamic from the perspective of Southern Africa has allowed a rather independent understanding of the history. The establishment of PEFCO and the function that it performed depended upon a guarantee from the US Import Export Bank. The conceptors were documented in news articles and its board of directors began the construction of a new banking order. The building of a global society needed the jetplane and the board of PEFCO came together to find a way to finance the jumbo jets. An expanded understanding garnered step by step within the banking and political elite and tempered by diplomatic opportunities, the company to issue its series A bond on June 15, 1975. In March 1971 Dillon Read completes work on creating Private Export Funding Corporation. PEFCO is backed by the Import Export Bank which in turn is backed by the U.S Treasury. In other words PEFCO can issue triple A securities.

1970’s

The New York Times 21 March 1973

“Unless the International monetary system is not reshaped properly my own guess is that we will be back at war again before to many years.” by William McChesney Martin a former Federal Reserve board chairman speaking at the Womens National Republic Club.

Mr Martin , a former pres. of the NY stock exchange said ”That his own solution would be to establish a world central bank of some sort.”

1970’s REPEAT 2000

The Wall Street Journal, February 16 th 2000

Michael M. Phillips

Washington – In a leap across the line between government and business, the official U.S export-finance agency is seeking private investors to help it provide billions of dollars in loan guarantees and risk insurance for American companies.

The U.S Export-Import Bank, which supported almost $17B in U.S sales overseas last year, will ask investment banks, commercial banks, insurance companies and other financial institutions for proposals on how they might share the risks and rewards from future Ex-Im Bank financing deals.

“Investing in the developing world is a very important part of the next 20 years,” Ex-Im Bank Chairman James A. Harmon said in an interview. “No major entity, whether it’s Merrill or Citicorp, can exclude the developing world from its plan. This is one way to participate in a very creditworthy manner.”

In essence, Ex-Im Bank wants to sell to one or more partners a stake in future export-financing deals, in the hopes of making its own resources go further at a time when the U.S trade deficit is piling on the records.

The agency is leaving it up to the private financial institutions – American or foreign – to come up with a creative way to structure the deal. The idea is for a private partner to put a certain amount of money or credit at Ex-Im Bank’s disposal, and then share in Ex-Im Bank’s fees. The financial institution might limit how that investment can be used – perhaps setting a dollar limit for a particular country – but not approve or reject individual Ex-Im Bank decisions.

“How much they’ll be willing to do and on what terms remains to be seen,” Mr. Harmon said. While not setting a target for the amount he hopes to raise, he spoke of figures of perhaps $1B or more.

In an unusual move, the agency will put 1,500 pages of its own financial and institutional information on a Web site to make it easier for potential investors to perform due-diligence research. Hoping for quick action, Ex-Im Bank will hold a pre-proposal conference on March 7.

Ex-Im Bank officials first conceived of the idea about three years ago. Private institutions showed interest, but pulled back soon after the Asian financial crisis sent U.S banks and investors fleeing the developing world. Ex-Im revived the concept after the crisis subsided.

“Now we’ve moved into a period of time where people are willing to take greater risk,” (?) Mr Harmon said.