Merger Mania

Merger Mania
75 Downloads

The merger of General Electric Corp. and RCA is a landmark event in the rapid consolidation of foreign power in the American marketplace. Arthur Fleischer Jr., a lawyer with Fried, Frank, Shriver, Harris and Jackson handled the legal details of this giant merger. Despite the vast sums involved, there are only three lawyers who have been handling the recent wave of mergers and buyouts of American corporations. They are Arthur Fleischer Jr., Martin Lipton, and Joseph Flom, of Skadden, Arps and Flom. The mergers have been financed by the issuance of so-called “junk bonds”, that is, bonds which are not highly rated by Wall Street. The firm which pioneered in the issuance of junk bonds, that inaugurated the era of the giant mergers, is Drexel, Burnham and Lambert of New York, a firm which is affiliated with Banque Bruxelles Lambert of Belgium. Banque Bruxelles Lambert is the Belgian headquarters of the Rothschild family. This is also the reason that Baron Guy de Rothschild has built the World Computer Center in Brussels, to maintain files on the subjects of all the captive nations ruled by the Rothschild interests.

You have probably heard about the European Economic Community, but it is unlikely that you have been informed of its real purpose. The purpose of the European Economic Community is to provide food from the “free” nations of Europe to the Soviet Union. EEC provided the Soviet Union with 621,000 tons of foodstuffs in 1978; 3,000,000 tons of food in 1980; and 6,500,000 tons of food in 1984. This food is furnished to the Soviet Union by EEC at prices far below the market prices at which the inhabitants of the “free” nations can buy these same commodities. Flour goes to the Soviet Union for 20% of the price paid by Europeans; sugar goes for 28% of the European price; butter is furnished to the Soviet Union for 12% of the European price; and wine is shipped to the Soviets for 2.5% of the European price. In effect, the “free” European nations are engaged in a gigantic effort to maintain the Soviet Union.