11/21/2022 / By Ethan Huff
To illustrate the fraud that is “Environmental, Social, and Governance” investing, also known as ESG, consider the fact that this globalist system of scoring companies based on compliance awarded a higher “Leadership and Governance” score to FTX, a fraudulent cryptocurrency exchange that just collapsed, than to ExxonMobil, the largest investor-owned oil company in the world.
On Twitter, the Wall Street Silver account tweeted an image showing that ExxonMobil received a score of 38 for Leadership and Governance while FTX Trading Ltd., now defunct for fraud, received a score of 50. (Related: The attorneys general from at least 19 states have launched investigations into banks tied to ESG climate cult fraud.)
FTX’s founder and top leader, Sam Bankman-Fried, essentially belongs in prison for defrauding investors and running a crypto Ponzi scheme. For that, he gets a 50. But ExxonMobil’s leadership, which is still running a successful company? They get a reduced score of just 38.
It makes no sense whatsoever, and that is the point of the Wall Street Silver tweet: to show that ESG ratings “are all a fraud” – see the tweet below:
Sam Bankman-Fried’s fraudulent FTX got a higher ESG score on “Leadership & Governance” than Exxon Mobil ?
ESG ratings are all a fraud. pic.twitter.com/VVeZ5XLQTY
— Wall Street Silver (@WallStreetSilv) November 13, 2022
One of the first people to respond to Wall Street Silver’s tweet about ESG fraud was none other than Elon Musk, the new captain of the Twitter ship. Musk wrote one simple word: Yup.
Another person called for Securities and Exchange Commission (SEC) chair Gary Gensler to be questioned before a jury, seeing as how he met with FTX head Sam Bankman-Fried just months before the company’s implosion.
For 45 minutes, Gensler spoke with Bankman-Fried over Zoom in what some crypto players have dubbed an “unusual meeting.” Prior to that meeting, Gensler had aggressively stated that most digital coins qualify as unregistered securities, the suggestion being they need to be regulated like stocks.
Fast-forward to November and the FTX scandal has created the perfect scapegoat for Big Fed to intervene and grab hold of the crypto space, which is something that many say it has long lusted after in order to maintain centralized control over crypto trading.
“While exchanges such as Coinbase, Binance, and Bankman-Fried’s FTX process crypto trades for customers, they operate in a regulatory gray area without explicit SEC approval, thus opening management to possible sanctions,” reported Fox Business.
Even some members of Congress want to know why and how Gensler managed to overlook the impending FTX debacle in the months leading up to its collapse despite close involvement with Bankman-Fried. Gensler did formerly work for Goldman Sachs, so perhaps that gives us a hint as to who this guy really works for.
“At issue: A meeting between Bankman-Fried and Gensler where they discussed an idea for a new SEC-approved crypto trading platform,” Fox further reported.
“If approved, the former FTX chief would have received a jump-start on the competition with a trading platform explicitly meeting the SEC standards, people with direct knowledge of the matter told Fox Business.”
We also now know that FTX was a corporate “partner” of the World Economic Forum (WEF), one of the premier globalist groups steering the world order. FTX embodied the very tenets proposed by the WEF for an ideal new world, hence its high ESG scores.
“What do you think the odds are that sometime in the next couple of years it will be revealed that ESG rating agencies are: (1) Insider trading based on the subjective scores they give companies (2) Taking bribes (3) Infiltrated by entry-ist activists?” asked another person on Twitter.
More related news about the fraud of ESG can be found at Corruption.news.
Sources for this article include:
Tagged Under:
big government, bitcoin, Bubble, Collapse, Collusion, conspiracy, corruption, crypto, deception, ESG, exxonmobil, fraud, FTX, market crash, money supply, risk, traitors
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2017 BIG GOVERNMENT NEWS