Saturday, May 25, 2013

Soros Fund Management And 12 Hedge Funds Advised To Dump And Short BANR

Alex S. Gabor & Associates is advising Soros Fund Management via the Cayman Islands to short BANR.

Alex S. Gabor & Associates Investment Advisors is also advising twelve hedge funds currently invested in Banner Corporation to sell or short their positions due to an ongoing series of investigations into the dealings between Michael R. Mastro, a fugitive from American justice, current and former Banner Corporation Loan Officers and Executives, and the Cereghino Group led by Leonard Cereghino.

An article posted at Blogger and linked here at Seeking Alpha regarding the ongoing discovery process was deleted as a result of a complaint filed by Cereghino Group that is seeking to illegally suppress evidence and obstruct justice and further investigations into the matter by lawful agents of government enforcers.

Copies of complaints against D.A. Davidson, Banner Corporations' Investment Advisor, Banner Corporation and its PR firm Cereghino Group have been filed hereby with the department of Justice in Seattle, the District Attorney, the Bankruptcy Court related to ill gotten gains by Mastro and his Bankrupt Estate, and 39 other banks in Washington linked to the collapsed Mastro Empire.

Mastro is a former client of Banner Bank who bought a property in Seattle near the corner of Stone Way and 34th which is now a Walgreens and houses a real estate company Keller Realty, and had it financed by Banner Corporation subsidiaries.

The Mastro organization was engaged in an illegal flipping scheme on commercial and residential properties in Seattle and King County and was engaged in usurious loan sharking. It is alleged in the complaints filed with the SEC that Banner assisted in this activity through lines of credit provided to Mastro and his associates directly and indirectly.

Further information can be obtained from the internet as the Washington State Chapter of the International Bank Activities Reform Commissions publish their reports.

Sources:

Soros Fund Management Advisory Letters:

SeekingAlpha.com has blocked all further comments and posts by Alex S. Gabor pending further investigation into false allegations by Cereghino, D.A. Davidson and Banner Corporation Executives published privately and publicly.







Banner Corporation (NASDAQ:BANR) was in 12 hedge funds' portfolio at the end of the fourth quarter of 2012. BANR investors should be aware of an increase in enthusiasm from smart money of late. There were 10 hedge funds in our database with BANR positions at the end of the previous quarter.

Banner Corporation (NASDAQ:BANR)In the 21st century investor’s toolkit, there are tons of gauges shareholders can use to analyze their holdings. Two of the most under-the-radar are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the top fund managers can outperform their index-focused peers by a very impressive margin (see just how much).

Just as important, optimistic insider trading activity is another way to parse down the marketplace. There are a number of incentives for an insider to cut shares of his or her company, but just one, very simple reason why they would behave bullishly. Several academic studies have demonstrated the useful potential of this strategy if investors understand where to look (learn more here).

With these "truths" under our belt, it's important to take a peek at the latest action surrounding Banner Corporation (NASDAQ:BANR).

What have hedge funds been doing with Banner Corporation (NASDAQ:BANR)?

In preparation for this year, a total of 12 of the hedge funds we track held long positions in this stock, a change of 20% from the previous quarter. With the smart money's sentiment swirling, there exists a few key hedge fund managers who were boosting their holdings meaningfully.

When looking at the hedgies we track, Tom Brown's Second Curve Capital had the most valuable position in Banner Corporation (NASDAQ:BANR), worth close to $22.5 million, accounting for 6.1% of its total 13F portfolio. Coming in second is Matthew Lindenbaum of Basswood Capital, with a $4.2 million position; the fund has 0.5% of its 13F portfolio invested in the stock. Other hedge funds that hold long positions include Richard Driehaus's Driehaus Capital, D. E. Shaw's D E Shaw and Cliff Asness's AQR Capital Management.

Now, key hedge funds have been driving this bullishness. McKinley Capital Management, managed by Robert B. Gillam, initiated the most valuable position in Banner Corporation (NASDAQ:BANR). McKinley Capital Management had 1.3 million invested in the company at the end of the quarter. Steven Cohen's SAC Capital Advisors also made a $0.4 million investment in the stock during the quarter. The only other fund with a new position in the stock is Mike Vranos's Ellington.

Insider trading activity in Banner Corporation (NASDAQ:BANR)

Insider buying is most useful when the company we're looking at has experienced transactions within the past 180 days. Over the latest 180-day time period, Banner Corporation (NASDAQ:BANR) has experienced zero unique insiders buying, and 1 insider sales (see the details of insider trades here).

Let's also review hedge fund and insider activity in other stocks similar to Banner Corporation (NASDAQ:BANR...

With the results demonstrated by our research, everyday investors must always monitor hedge fund and insider trading sentiment, and Banner Corporation (NASDAQ:BANR) shareholders fit into this picture quite nicely.

Read more at http://www.insidermonkey.com/blog/is-banner-corporation-banr-going-to-burn-these-hedge-funds-kearny-financial-corp-krny-flushing-financial-corporation-ffic-111693/?singlepage=1#hHcpH2uLpD0iBUe3.99

Wednesday, May 22, 2013

CEREGHINO IN SEATTLE LINKED TO ORGANIZED CRIME

LEONARD CEREGHINO President of the Cereghino Group, a financial public relations firm in Seattle , claims he is a 24-year veteran of the securities industry, "known for his ability to help companies during periods of intense media scrutiny and corporate change".

Banner Bank and DA Davidson work with him to keep the turmoil going on at both these institutions hushed up and white washed.


"As president, he is integrally involved in developing strategy with account managers for each client. He markets clients to an extensive network of contacts throughout the US and Europe, based on his experience as an Assistant VP with Drexel Burnham Lambert and as an investment advisor with Merrill Lynch".


Both of these institutions have been under investigation by the Federal Government and the International Bank Activities Reform Commission now for over a decade but for being a 24 year veteran Mr. Cereghino knows nothing about seeing white collar crime in the banking industry. He is like the Nazi Colonial Klink and Private Shultze on Hogan's Heroes. "I know no-ting". Both Merrill Lynch and Drexel Burnham Lambert are failed financial institutions. Merrill Lynch is still a drag on Bank of America along with Countrywide.


According to Mr. Cereghino's web page he provides clients with a realistic perspective on perceptions of corporate activities and advises on issues affecting these perceptions including corporate governance, restructuring and strategic planning.


What did Mr. Lenny as he is known as by some of his associates say when billions of dollars of fraudulent mortgages were being underwritten by dozens of his banking clients during the past 24 years?


He is being put under the microscope by and through the process of legal complaints filed by the Washington State Bank Activities Reform Commission which has filed a complaint with the SEC, the Washington State Banking Commission and other regulatory bodies hereby made public by this data being shared with Bank Stock Analysts and Investors in Financial Services companies and Hedge Fund Managers.


Even new Governor Jay Inslee has gotten updated daily reports of new troubles in Washington State's Banking system and certain regulators will be getting pink slips as a result of the malfeasance involved with many of these institutions whose troubled devalued and deflated assets continue to plummet in price.


"Before establishing his own company, Mr. Cereghino was Senior VP with a large Northwest IR and proxy solicitation firm". (He doesn't mention which one for obvious reasons. It got into trouble).


"Over the past 20 years, he has been an outside advisor to more than 50 management teams". He fails to mention how many of these teams got into trouble or went out of business as a result of his bad advice.


"Mr. Cereghino holds a Business Administration degree from Arizona State University", which doesn't mean a thing in todays market since there are thousands of MBA's who cannot get a management job.

If you can't write, you become an editor of other writers. If you can't manage then you become an advisor to those who think you might be better than they in managing things from an Ivory Tower in Seattle.


"He served as an officer in the United States Army and worked on assignment with army officers of the Soviet Union".

So he helped the soviets during the cold war or after? It is not clear but it does mislead the bank boards and the investors into thinking this guy has a perfect track record as a bank analyst and advisor.

He has nothing close to it. Just look at his wreckage, his drinking and sexual habits and you will know him to be what he really is...a professional liar hired to cover up bad situations and make them look good.

Its public relations and reputation management after all. He's just another cell on a money sucking tentacle of the Octodragon. The U.S. Army is an arm of the Octodragon. Is Len connected to "military intelligence"? Another Oxymoron?

He posted some sort of long winded message after October 21, 2010 right after the Washington State Bank Activities Reform Commission published an article about his connections to the Mike Mastro Affair via Banner Corps lending practices to G&M Investments, a Mastro controlled partnership.

Mastro and his wife are fugitives living in France and were just recently released from Jail after Federal Prosecutors failed to gain an extradition warrant exercised through the French Courts.

He sent it to his "Clients and colleagues from Len Cereghino about the "Recent Blog Attack on The Cereghino Group October 21, 2010".

If you receive Google alerts, you may have received a notice regarding an “investigation of The Cereghino Group.”

The investigation into the Cereghino Group and Mr. Lenny is completed. It was completed one month after the article was published, but Len seemed to panic and put out a lot of defamatory and false and misleading information to profess probably too loudly of his and his firms innocence.

It was not until recently that evidence has cropped up to show how his client Banner Corp was involved with financial crimes fugitive Mike Mastro, still a fugitive of American law, and how Lenny was connected to covering up the problems related to that Mastro Fiasco.

He alleged that "The article, written by an “Alex S. Gabor,” whose real name is “Gabor S Acs,” is grossly misleading and apparently intended to drive traffic to his blog." (We could care less about traffic, traffic doesn't pay the bills, shorting corrupt banks does however make good money for many clients of Soros Fund Management who far outnumber those of Mr. C.

Gabor S. Acs is the world's first trillionaire. Alex S. Gabor is a pen name belonging to the Infinite Freedom Foundations which are strong supporters of investigative journalism, muckraking, and bank activities reform. It is believed philosophically that the current system of banking is unfair, unjust, and rife with corrupt people like Mr. Lenny.

Lenny says in his public statement, "I wish to make it perfectly clear that we know of no investigation of our firm by any regulatory or other legitimate authority."

Yet they knew or should have known that they were making false and misleading public statements regarding Mr. Gabor, Mr. Acs, the Bank Activities Reform Commission in Washington State, it's client Banner Corp, and defamed certain investigators who in fact have filed complaints about Banner and Mr. Cereghino and his PR Firm, because of the false and "theety wheety" public information used to cover up bad situations still ongoing at Banner Bank and other of his banking clients in the Pacific Northwest.

Journalists in this country under the Constitution need no other authority to expose white collar criminals who put out fluffy press releases about how great their clients are when in fact they are in serious trouble both public image wise and financially.

Material financial information was altered and it is alleged in various complaints that Banner Bank was and continues to be involved in money laundering with known members of the Italian Mafia operating in Washington State, Mike Mastro being one of them who is still facing 47 Counts of wire fraud and money laundering charges in the United States.

Len says in his diatribe against the truth, "Clearly this blogger has a history of shady dealings and criminal activities". The facts are that neither Mr. Acs or Mr. Gabor have any history of shady dealings or criminal activities and Mr. Lenny, being a "PR Expert" should know how to back up his claims with proof.

There is no proof that a pen name can commit any criminal act because a group can use a pen name and publish under the pen name without attributing any one act of the pen name to any type of criminal association or activity of any one individual.

Just like corporations get away with committing major financial crimes and only one person gets to be a fall guy, it is likely that Mastro was just the fall guy for 40 Banks engaged in Washington State Money Laundering Operations in Violation of Federal Anti-Racketeering and Money Laundering Laws. RICO Hello?

In fact we think Mr. Len Cereghino is a part of or associated with the mafia and should be busted just like Mastro was busted who used to loan money to the world's first trillionaire overnight and charge 2% or 730% per annum, truly a loan sharks higher than average return on bank borrowed money. These banks knew or should have known about Mastro's Mafia Like Money Laundering and Loan Sharking Operations.

We are entitled to an opinion legally and ethically when it comes to finding out certain facts and publishing the connecting dots between the Italian Banking community operating for the past 50 years in Seattle through G&M Investments, the Friends and Family Foundation founded by Mike Mastro and his son, Mike Mastro Jr., and 40+ Banks operating under U.S. and International Law, some of them represented in public relations matters by Mr. C as some of his crime bosses like to refer to him as.

His public statement that "We have notified the Washington state authorities, who have notified the Securities and Exchange Commission, of this latest post, and we will pursue other appropriate avenues to combat this vicious rumor."

It seems like more obfuscation and cover-up than anything else. It is no rumor that Gabor S. Acs is the world's first trillionaire and that he has been publicly advising George Soros and his vast international network of non profit Open Society Institutions to help launch a zero interest mortgage program in Washington State through the formation of Pen Bancorp, and that a huge battle for control of the international banking industry is underway by a huge crop of fed up borrowers, builders, depositors and financial analysts when business as usual continues under the auspices of false and misleading public relations firms like that of Mr. Cereghino's.

The entire most recent investigation of Mastro began years before the Seattle Times began to cover the story of what was going on in Washinton State Banking circles.

It is alleged that as a result of his agreeing to sell to the Infinite Freedom Foundation a building in Seattle for $14 million that was eventually foreclosed on by Banner Bank and in turn resold to a competitor of G&M Investments after being leased to Walgreen's Drug Chain.

The discovery and investigation led researchers to realize that G&M stood for mafia backed funding to refinance more than $500 million in bad debt and juggle the books of Banner and other banks in the state to avoid closure by Federal and State Regulators.

In other words, before the bank examiners showed up, the bad assets were flung, sold, or assigned to the next bank down the line who stepped up to refinance the failing debts of Mastro in a Ponzi like scheme which defrauded the public to the tune of more than $5 billion over the course of 30 years.

That includes the false inflation, deliberate over valuation and appraisals of properties, stocks, mortgage backed securities, certain commodities, and retail goods trading in the Washington marketplace.

The complaints allege that more than 40 Banks had their money being lent to organized criminal controlled institution's connected to Mastro, Banner, and Cereghino.

Mr. Cereghino has on more than one occasion falsely reported to the public, Washington State Bank Regulators, the U.S. Securities and Exchange Commission the following false and misleading statements which were designed to cover up his own crimes related to organized crime syndicates operating in Washington State.

"The organization Gabor cited as having launched the investigation is the “United States Bank Activities Reform Commission” and the “International Bank Activities Reform Commission,” both of which have no website and no legitimate business activities, and are curiously linked to the author or his blog. They have a history of launching investigations of dubious value, including the following top responses for the Google search of the two names" and he goes on to post links to articles published by Gabriel Infinitely Acts, Alex S. Gabor on various Yahoo Associated Content sites, some of which Yahoo is now withholding from public view pending settlement negotiations for failing to pay for use of the copyrights for materials related to the failure of Washington Mutual and other banks investigated and reported on by IBARC.

A PR man who makes such egregiously false public postings in defense of his own crimes should shut his business down and get away with what he has, lest he soon find the FBI knocking down his walls of obfuscation.


The International Bank Activities Reform Commission did conduct an Investigation into the Soap Lake Food Bank and reported on Apr 13, 2010 that The Soap lake Food Bank was being charged with hoarding food by fat people who were rude and gave people a hard time at reception.

That one fat person is no longer volunteering at the food bank. It was also discovered during that investigation that certain people volunteering at the food bank were taking first dibs at the better food products donated by Safeway Foods Inc., local Farmers and local Grocery Stores in Grant County, and leaving the cake crumbs to the public.

This was a practice going on for years before the investigation and could be going on to this day, however, after the people who were involved in the stealing of food, much like stock brokers like to engage in front running buying opportunism using high speed computer programming, were discovered and ousted, they were banned from further participating as volunteers within the organization which to date has failed to file appropriate tax returns and annual reports or share them with the investigators.

When the truth is not shared, there is something hidden. Conversely, when someone is hiding something from the public, they tend to call facts "attacks".

The International Bank Activities Reform Commission was founded by the world's first trillionaire Gabor S. Acs who is related to Gabriel S. Acs, Thomas Acs, Janos Acs, Mariette Acs and an entire family of Acs's who hail from royal backgrounds from the Kingdom of Hungary formed more than a thousand years ago.

In fact the name Acs, traces back to Jesus of Nazareth who was a carpenter and the name literally translated into English from Magyar or Hungarian means "Carpenter".

The International Bank Activities Reform Commission (IBARC) Investigates Illegal Bank Activities and through a network of journalists provided by Gorkana.com shares information with other media outlets and a network of international clients.

IBARC was the first organization involved in busting Fannie Mae, Freddie Mac, Washington Mutual, Indy Mac, Bank of America, Merrill Lynch, Countrywide Funding, and a score of other fraudulently operated banks in the United States way before the mainstream media got any whiff of the extent of the trillions of dollars laundered through the money systems' creation of liar loans or NINA programs. (No Income No Asset Verifications), violating the three C's of banking, namely "Credit, Capacity and Character. Mr. C. has shown his true character and Banner would be wise at this time to terminate any further relations with him and his firm, lest its' name be dragged into another Federal Investigation and perhaps a shut down of its trading platforms.

The Church of Infinitology did publicly say there is an infinite supply of gold which could have prompted Soros Fund Management and George Soros to dump all their gold stocks and gold stock holdings, reinvest the gains into more financial services and then a few months later dump millions of shares of Citigroup, Bank of America and JP Morgan and Goldman Sachs, four institutions that the International Bank Activities Reform Commission says are too big to manage and should be forced into breaking up their anti-trust law violations which are ongoing to date.

The U.S. Bank Activities Reform Commission did in fact Investigate Offshore Banks and turned the knowledge and information over to the International Bank Activities Reform Commission in Budapest, Hungary.


From there the data gets sent to the World Court where IBARC has filed legal briefs and complaints with the International Court of Justice related to various money laundering and tax avoidance schemes related to the big four too big to manage or control institutions now being investigated by the US Congressional Leaders behind the various banking laws which are being reviewed and rewritten.

In fact recent revelations show that Apple Computer is engaged in money laundering by holding more than $100 billion in cash in offshore bank accounts and has avoided paying more than $30 billion in US Income Taxes.

Even the recent IRS miscreant about non profit 501(c)4 Orgs and their application's for tax exemption stories were prompted by members and journalists who support the International Bank Activities Reform Commission and their expanding chapters around the planet to whose purpose is to slay the Octodragon!

For more than a decade, the International Bank Activities Reform Commission has Launched Various Campaigns like the one dated Jan 29, 2004 through the British Media Outlet M2 PRESSWIRE through the auspices of the Free and Clear Press Corps, then part of the Free and Clear Foundations of America in Washington D.C where the headline read, International Bank Activities Reform Commission Launches Campaign to Boycott Global Message Boards on Investorshub.com, Ragingbull.com, and other web sites that allow stockholders, stock promoters and stock advisory services to tout phony stocks whose prices are not based on real values, much like the Dot.com bubble.


In point of fact, Len Cereghino failed to discover before his public denial that he is still under investigation, that the Tribune (TNT), company falsely reported that Gabor S. Acs, the world's first trillionaire ahead of George Soros Senior and Junior the second and third and Peter Munk, the retiring Chairman of Barrick Gold, the fourth trillionaire declared so by the Church of Infinitology, was a convicted felon, and that the SEC fined him $600,000 in 2005 and an arrest warrant was subsequently issued for him for failure to pay a phony fine, and both the Tribune Company, C.R. Roberts the writer of the story, and the two lawyers who no longer work for the SEC out of Colorado but are now in private practice (Tracey Tirey and Elizabeth Krupa), who falsely obtained a conviction (they should have gotten the conviction against Sandra L. Gabor, Acs's ex wife who still is on the dole in Eugene, Oregon, and who got the "ill gotten gains" the SEC falsely alleged Acs received, were in fact all designed to assassinate the character of the worlds first trillionaire so he could be permanently banned from making penny stocks go from .0001 per share to 15,000% annual gains, just by taking over a small telecom software maker called Telynx Inc., in 2003 with a lick and a promise of better things to come.

Lenny says, "The TNT article chronicles his manipulation of Frontier Bank’s stock before it was closed by the FDIC." Just think, if one person can post an intention to merge two troubled banks in Washington State on an Instablog that results in the stock ramping up 300% within days, how stupid are computer trading programs anyway?

Mr. Cereghino, Analysts and Executives at D.A. Davidson, and the President, CEO, and the CFO of Banner Corporation have all denied access to information that is required under securities laws to be made public to various journalists, investigators, and to potential acquirers of control of Banner Corporation to launch the zero interest mortgage campaign.

This same insider group has continued to buy shares in Banner knowing that Banner would either be bought out by a larger institution or taken private by a group of investors to be led by Alex S. Gabor and their Associates Investment Advisors.

At this time Mr. Cereghino, Analysts and Executives at D.A. Davidson, the Officers and Directors of Banner Corp, and the staff and employees have refused to meet with Alex S. Gabor, Gabor S. Acs, or Alex S. Gabor & Associates Investment Advisors to Pen Bancorp, a division of the Infinite Freedom Foundation, and therefore by their actions or inactions ye shall know them.

Moreover, Alex S. Gabor & Associates (www.http://alexsgabor.com) is advising Soros Fund Management of the Cayman Islands, and George Soros Sr. to short ten million shares of BANR stock till it reaches $20.00 per share or pending even further public disclosures by the firms involved and their white collar criminal connections to fugitive alleged felon Mike Mastro who should be weighing in on his offshore banking portfolio soon as Mr. Rigby, his Bankruptcy Trustee discovers more to this mountain than just a Mastro Mole Hill.