Wednesday, June 26, 2013

Figures. Chicago Teacher’s Union President Linked to Former Communist Party Chief and Barack Obama

Posted by Jim Hoft on Monday, September 10, 2012, 8:39 PM

 
 
More Hope and Change…
Mike Klonsky, an Obama supporter and former associate of the radicals who formed the terrorist group the Weatherman, received a $175,000 grant from the William Ayers/Barack Obama-led Annenberg Challenge to run the Small Schools Workshop.
Klonsky belonged to the Students for a Democratic Society (SDS) and was best friends with friends William Ayers and Bernadine Dohrn who later became famous for their acts of terrorism.
Later he started a blog on the Obama website:

Between 1979 and 1981, Communist Party chairman and Obama supporter Mike Klonsky was repeatedly feted with state-dinner-level visits to Beijing.
And get this… Klonsky reportedly shared offices on the same floor with Barack Obama and Bill Ayers at the University of Illinois, Chicago campus.
So it should come as no surprise that Mike Klonsky, the former Communist Party leader, is a huge supporter of Karen Lewis, head of the Chicago Teachers’ Union. Chicago teachers went on strike today for the first time in 25 years despite the fact that the average teacher salary in Chicago is $74,839 a year.

Karen Lewis marching with anarchists in Chicago. (Founding Bloggers)
Michelle Malkin has more on the Chicago education mob.
Obama served with Weather Underground terrorist and neighbor Bill Ayers on the Chicago Annenberg Challenge education initiative. Downplaying academic achievement in favor of left-wing radical activism in the public schools is rooted in Bill Ayers’ pedagogical philosophy. Obama served as the program’s first chairman of the board, while Ayers steered its curricular policy. The two oversaw grants to welfare rights enterprise ACORN and to avowed communist Michael Klonsky – a close pal of Ayers and member of the militant Students for a Democratic Society. SDS served as a precursor to the violent Weather Underground organization.
As investigative journalist Stanley Kurtz reported, Klonsky and Ayers teamed up on the so-called “small schools movement” to steer schoolchildren away from core academics to left-wing politicking on issues of “inequity, war, and violence.”
You just can’t make this stuff up.

Islamic Teachings on Sex with Dead Humans and Animals

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MUSLIMS ARE ALLOWED NORMAL SEX WITH DEAD WOMEN AND ANIMALS
Muhammad had sex with a dead woman to qualify her for the perks of a prophetic wife.
According to Hadiths and Sayings of Prophet on issues of women in "Al-Jami Al-Saghir" written by Jalal ul-Din Al-Suyuti.
Narrated by Ibn Abbas: "I (Muhammad) put on her my shirt that she may wear the clothes of heaven, and SLEPT with her in her coffin."
The prophet was referring to Fatima, the mother of Ali, his son-in-law. Commentators have offered differing views about the significance of Muhammad's sleeping with the dead-body of Fatimah in her coffin, some emphasizing that it had no sexual side. But Arabic scholar Demetrius explains that to express Muhammad sleeping inside Fatima's coffin with her dead-body, "The Arabic word used here is "Id'tajat", which literally means "lay down to have sex."
Muhammad is also understood to have said that because he slept with her, she has become like a wife to his; so she will be considered like "mother of the believers".
After Muhammad slept with her and "consummated", Medina women routinely offered themselves to Mohammad for sex so that the holy fluid of the prophet released into them will qualify them for paradise. Here is a hadith.
MUSLIM ARE ALLOWED "ANAL" SEX EVEN WITH DEAD WOMEN AND ANIMALS
Sahih Muslim, Book of Menstruation, Hadith 525:
"Our companions have said if a penile head has penetrated a woman's anus or penile anus, or an animal's vagina or its anus, then it is necessary to wash…"
Watch this video for more detailed discussion on this topic.
NOW IT MAY AN EGYPTIAN LAW TOO
Egyptian husbands may be legally allowed to have sex with their dead wives – for up to six hours after their death (sex performed after six hours will be considered adultery and the husband will be beheaded and buried with the wife)
This law is part of measures being introduced by the Islamist-dominated parliament under ‘religious interpretations’. The subject of a husband having sex with his dead wife arose in May 2011 when Moroccan cleric Zamzami Abdul Bari said marriage remains valid even after death (Al Arabiya News).

From Benghazi to nuclear terrorism

Exclusive: Former communist spy chief Ion Mihai Pacepa nails worst Obama scandal

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Of all the scandals currently plaguing the Obama administration, the unprecedented and Soviet-esque politicization of the IRS has aroused the greatest popular outrage, because many people have felt the IRS arrogance on their own skin.
However, far more significant is the cover-up of the barbaric assassination of Ambassador J. Christopher Stevens and three of his subordinates inside our diplomatic outpost in Benghazi, carried out on the symbolic date of Sept. 11.
Why do I say that? In my former life as a Soviet bloc spy chief, I spent years observing from a unique vantage point how one kind of evil quickly leads to another much greater evil. I believe Benghazi is the scandal of the Obama presidency.
Order Lt. Gen. Pacepa’s brand new book, “Disinformation: Former Spy Chief Reveals Secret Strategy for Undermining Freedom, Attacking Religion and Promoting Terrorism.” or get both the book and DVD, “Disinformation: The Secret Strategy To Destroy The West” together – and save!
To over-simplify: By misrepresenting that carefully prepared act of war against the U.S. as a case of “spontaneous violence,” this administration proved it is neither willing nor able to defend our country and our lives against foreign terrorism, which – and here’s the critical part – is now very close to having nuclear weapons to hurl at us.
Former Director of Central Intelligence James Woolsey just published an article in the Wall Street Journal documenting how the U.S. has become so vulnerable to international terrorism that even the ridiculous government of North Korea could now detonate a small nuclear weapon above the American homeland.
“North Korea needs only one ICBM capable of delivering a single nuclear warhead in order to pose an existential threat to the U.S.,” wrote Woolsey, along with co-author Peter Pry, executive director of the Task Force on National and Homeland Security. “The Congressional Electromagnetic Pulse Commission, the Congressional Strategic Posture Commission and several other U.S. government studies have established that detonating a nuclear weapon high above any part of the U.S. mainland would generate a catastrophic electromagnetic pulse.”
This one explosion – something North Korea is actually capable of causing – would constitute an EMP attack that would, in the words of our former CIA chief, “collapse the electric grid and other infrastructure that depends on it – communications, transportation, banking and finance, food and water – necessary to sustain modern civilization and the lives of 300 million Americans.”
Another well-informed analysis, just published in the Weekly Standard, confirms that by mid-2014, the fanatically anti-American terrorist government of Iran will likely be able to enrich uranium to weapons-grade plutonium too rapidly for the U.S. to stop it militarily. When an insane and metastatic regime – one obsessed with destruction of (first) the “Little Satan,” Israel, and (later) the “Great Satan,” America – has a nuclear arsenal, we will be living in a very different and dark world indeed.
Back when I was national security adviser to the president of communist Romania, one of my top tasks, ironically, was preventing terrorism. Of course, prevention was much easier in such a ruthless dictatorship where the political police enjoyed unlimited power. Nevertheless, recent experience proves prevention works perfectly well in the U.S. The Heritage Foundation reported back in 2008 that some 40 different terrorist attacks had been foiled since Sept. 11, 2001.
Unfortunately, in 2009, for reasons about which we can only speculate, the Obama administration jettisoned the “war on terror” from its vocabulary, re-classified a successful terror attack on the American homeland (Fort Hood) as “workplace violence” and abandoned many of the measures adopted after 9/11 to prevent future terrorism. As Washington Post columnist Marc A. Thiessen noted: “On his second day in office Obama shut down the CIA’s high-value interrogation program. … In a speech at the National Archives, Obama eviscerated the men and women of the CIA, accusing them of ‘torture’ and declaring that their work ‘did not advance our war and counterterrorism efforts – they undermined them.’”
Fast-forward to 2012, when “bin Laden is dead and General Motors is alive” became one of the Obama re-election campaign’s most resonant slogans. Its message: Terrorism and al-Qaida are vanquished, so re-elect me. Had the administration admitted that Ambassador Stevens and his three subordinates had been killed by terrorists two months before the election, Obama’s most effective campaign slogan would very publicly have been exposed for the farce it truly was.
As everyone knows, for weeks the administration – including President Obama himself at the U.N. – bizarrely blamed all the Benghazi mayhem, death and destruction on a little-viewed Islam parody on YouTube.
After the Boston Marathon bombing – resulting in the four-day paralysis of a major U.S. city, three murdered Americans and over 200 wounded, many grievously – President Obama, under congressional pressure, addressed the danger of terrorism in an hour-long speech on May 23. It was a good speech, as speeches go, except that he didn’t even mention the real threat facing our country today – the looming peril of nuclear terrorism – and instead it vulgarized the future terrorist danger. “Homegrown extremists. This is the future of terrorism,” the president proclaimed. All we need to really do is close down Guantanamo and make a slight change in how we deploy drones.
With due respect, I must contradict President Obama. Today’s anti-American terrorism was not born in the United States. It was conceived 48 years ago at the Lubyanka, the headquarters of the KGB, and has been carried out by Islamo-fascists armed with Soviet-made rocket-propelled grenades, Kalashnikovs and Molotov cocktails – and that includes the terrorists who murdered Ambassador Stevens.
Unfortunately, I witnessed the birth of anti-American terrorism. Years ago I used to listen to Gen. Aleksandr Sakharovsky, when he was the Soviet Union’s foreign espionage chief, pontificating that our chief weapon against our “main enemy [the United States]” should now be terrorism, since nuclear arms had made conventional military force obsolete.
I knew Sakharovsky well – he had been the Soviets’ chief intelligence adviser to Romania for five years. He did not look like a brute, but terrorism was his favorite solution to a political problem; during his years in Romania, he had instigated the killing of some 50,000 anti-communists. Afterwards, Sakharovsky served an unprecedented 16 years as head of the Soviet Union’s foreign intelligence service (1956-1972), during which time he spread anti-American terrorism around the world.
In 1969, Sakharovsky transformed airplane hijacking – the terrorists’ weapon of choice on Sept. 11, 2001 – into international terrorism. In 1971, he launched Operation Tayfun (Russian for “typhoon”), aimed at transforming the world’s old hatred for the Nazis into a hatred for America, the new “occupation power.” Sakharovsky even established a “socialist division of labor” aimed at creating and arming anti-American terrorist organizations all over the world – which he called “freedom fighters.”
I have explained all this expansively in a new book on “Disinformation” in its many guises, co-authored with professor Ronald Rychlak. Let me here just briefly state that the success of Sakharovsky’s terrorist operations encouraged his boss, KGB Chairman Yuri Andropov, to – as he used to put it – “turn the whole Arab world into an explosive enemy of America” by resorting to anti-Semitism, that weapon of the emotions successfully wielded by various dictators over the years.
Andropov’s disinformation machinery, which at that time numbered over 1 million people (and is minutely described in our book), went to great lengths to persuade the Islamic world that the U.S. was a war-mongering Zionist country financed by Jewish money and run by a rapacious “Council of the Elders of Zion” – Andropov’s derisive epithet for the U.S. Congress.
The goal of that immense disinformation operation was to make the Islamic world fear that the U.S. would transform the rest of the world into a Jewish fiefdom. Andropov’s ploy worked. Consider the 1979 Islamic takeover of the U.S. Embassy in Teheran, the 1983 bombing of the Marine barracks in Beirut, the 1985 Achille Lauro hijacking, the 1993 terrorist attack on the World Trade Center, the 1998 destruction of the U.S. embassies in Kenya and Tanzania, and the catastrophic 9/11 attacks.
Andropov’s success made him the first KGB officer to sit on the Kremlin throne and to have his KGB office transformed into a shrine.
While Andropov and his Soviet Union are gone, a new generation of Russians is struggling to give that feudal country a new identity. But the hatred for the U.S. introduced into the Islamic world by Andropov’s KGB is still alive and metastasizing.
In my other life, at the top of the Soviet bloc intelligence community, my Romanian foreign intelligence service, the DIE, managed extensive intelligence networks in the Islamic world, and I came to know that part of the world quite well. Its people did not hate America. Millions of them are even today waiting in line to be accepted in the U.S. because they admire America. There are only a relative few fanatical Islamo-fascist leaders who so hate this great country of freedom that they dream of seeing it destroyed.
Those fanatical Islamic leaders’ sustained hatred for the United States and the specter that they will achieve nuclear power shows, in my view, that it is high time for the leaders of our Congress and our Democratic and Republican parties to forget President Obama’s pretty speeches and to start building a united policy for winning the war against the plague of terrorism.
Along with unearthing the total truth about Benghazi, it is important that we take steps to prevent new terrorist disasters. Competition may be the engine of American progress, but unity in time of war is what made America the leader of the world.
I do not know what the new U.S. anti-terrorist policy should be. No single person in our country really knows. I do, however, know how anti-American terrorism was generated, and I strongly suggest our current administration and Congress take a serious look at President Truman’s National Security Council Report 68 (NSC 68/1950), which set forth the strategy of containment and became our main weapon in the Cold War.
That 58-page document did not blame the Cold War on YouTube videos. It described the challenges facing the U.S. in cataclysmic terms.
“The issues that face us are momentous,” the document states, “involving the fulfillment or destruction not only of this Republic but of civilization itself.” Therefore, it prescribed a two-pronged political strategy: 1) superior military power, and 2) a “Campaign of Truth,” defined as “a struggle, above all else, for the minds of men.” Truman argued that the propaganda used by the “forces of imperialistic communism” could be overcome only by the “plain, simple, unvarnished truth.” The Voice of America, Radio Free Europe and Radio Liberation (soon to become Radio Liberty) became part of Truman’s “Campaign of Truth.”
This same two-pronged strategy – total military superiority and a robust campaign of utter truth – enabled America to prevail against communism, and is equally essential if we are to get the upper hand in a world threatening the unthinkable of nuclear terrorism.
Read more at http://www.wnd.com/2013/06/from-benghazi-to-nuclear-terrorism/#o6JAtBrKibPAqPCQ.99
BORN IN THE USA? 'Proof' of Kenyan birth twice scrubbed by eBay
But seller of 'Obama's birth certificate' dodges administrators to post 3rd time.

June 27, 2009

Editor's note: Since publication of this story, the auction item has been removed for the third time. None of the item identification numbers in this article remain valid.

An eBay seller who previously promised to deliver a certified copy of President Obama's actual birth certificate – from a hospital in Mombasa, Kenya – has twice had his listing removed from the popular auction website.

In a third listing, however, the seller calling himself "colmado_naranja" has explained why the birth certificate was twice yanked by eBay administration.

"The first cancellation was done in what eBay describes as being in the interests of keeping my account safe," the newest listing claims, referring to the now scrubbed item # 160344374585. "eBay was under the impression that a third party had accessed and compromised my account, that this third party put up the Barack Obama African birth certificate auction and that I had no knowledge of the said listing."

As WND reported, colmado_naranja's original listing claimed, "President Barack Hussein Obama II was born in The Coast Provincial Hospital at Mombasa in Kenya at 7:24 p.m. on August 4, 1961."

The seller, who according to the eBay rankings has completed dozens of transactions on the behemoth auction site without difficulties, further said this birth certificate is the real deal, obtained while he was traveling in Kenya.

"Kenyans were amused at how gullible Americans could be when it came to obvious things like the fact that Kenyans overtly admit to Barack Jr.'s Kenyan birth, yet the Americans continue to believe that they know better," colmado_naranja wrote. "I delved further and found that a birth certificate was on file at The Coast Provincial General Hospital at Mombasa."

According to the third, and newest, listing, however, even after calling eBay customer service and restoring the original auction under a new item number, the birth certificate sale was scrubbed again, a second time, for another reason altogether.

Colmado_naranja's second listing of the birth certificate, item # 160344928067, had already generated significant attention this morning. WND readers emailed, stating the bids had topped $7,000, even as high as $10,000 for the alleged Kenyan document.

Even those critical of the questions surrounding Obama's birth and eligibility to serve as President noticed, as members of the message board Democratic Underground claimed to have reported the auction to eBay administration as a "forgery and offensive item."

At some time around 10:30 ET this morning, however, the second auction listing was scrubbed as well.

In the third listing from colmado_naranja, the seller explains, "This time their reasoning for the cancellation was that birth certificates and other forms are government ID are prohibited on eBay."

Nonetheless, the auction lives on.

Under its now third eBay number, 160345002984, the item up for sale is listed as a "story" and specifically states the document is a gift to the winner, not the object of bidding itself:

"I'm now auctioning my story (true story) of how I obtained U.S. President Barack Obama's Kenyan birth certificate," the listing states. "The winner of this auction will not bear copyrights to my story. However, along with my story the winning bidder will also take home U.S. President Barack Hussein Obama's Kenyan (African) birth certificate. Certified birth certificate. I am giving the birth certificate to the bidder that wins this auction, which is for my story."

Just to be certain, the listing restates, "You are not bidding on Barack Obama's Kenyan birth certificate in this eBay auction."

Neither photos nor any verification of the seller's claims are available at this point.

In the original listing, the seller explained, "I am not posting any photos of the birth certificate here on eBay. I have not seen this birth certificate anywhere on the Internet, to post it here on eBay would lead to a flood of facsimiles on the Internet. This would inadvertently decrease the value of the certificate as well."

WND has reported on dozens of legal challenges to Obama's status as a "natural born citizen." The Constitution, Article 2, Section 1, states, "No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President."

Some of the lawsuits question whether he was actually born in Hawaii, as he insists. If he was born out of the country, Obama's American mother, the suits contend, was too young at the time of his birth to confer American citizenship to her son under the law at the time.

Other challenges have focused on Obama's citizenship through his father, a Kenyan subject to the jurisdiction of the United Kingdom at the time of his birth, thus making him a dual citizen. The cases contend the framers of the Constitution excluded dual citizens from qualifying as natural born.

Send a contribution to support the national billboard campaign that asks a simple question: "Where's the birth certificate?"

Complicating the situation is Obama's decision to spend sums estimated in the hundreds of thousands of dollars to avoid releasing a state birth certificate that would put to rest all of the questions.

WND has reported that among the documentation not yet available for Obama includes his kindergarten records, his Punahou school records, his Occidental College records, his Columbia University records, his Columbia thesis, his Harvard Law School records, his Harvard Law Review articles, his scholarly articles from the University of Chicago, his passport, his medical records, his files from his years as an Illinois state senator, his Illinois State Bar Association records, any baptism records, and his adoption records.

Because of the dearth of information about Obama's eligibility, WND founder Joseph Farah has launched a campaign to raise contributions to post billboards asking a simple question: "Where's the birth certificate?"

The campaign followed a petition that has collected almost 400,000 signatures demanding proof of his eligibility, the availability of yard signs raising the question and the production of permanent, detachable magnetic bumper stickers asking the question.

The eBay birth certificate seller is a self-proclaimed "collector of old Dominican and Cuban money" and has worked in the Congo.

"This spring I traveled through Kenya and its capital Nairobi. I was overwhelmed by the 'iconicized' face of U.S. President Barack Obama that displays itself throughout the country. I had lunch at a small eatery and noticed that the club sandwich with fried plantains was now known as 'Obama's Plate of the Day,'" the seller wrote on the initial auction page. "As an American I was bombarded with questions in English (English is national language of Kenya) on my feelings and opinions of a Kenyan governing the United States of America. The first several times I responded in saying that not enough time had elapsed since Barack Obama's appointment as president of the U.S.A., and that I'd have to hold my official opinion until at least January 2010, a year in office might be sufficient for me to judge his ability to govern the U.S.A.

"Naturally I thought that by 'Kenyan' they were referring to Barack Obama's blood, being that his father Barack Obama Sr. was a native of Kenya. After a day and a half of my being in Nairobi I learned that they were literally referring to President Barack Obama Jr. as being born in Kenya, a native of Kenya."

The seller also cited the fact that Obama has not release his "Hawaiian" birth certificate. His administration, the seller says, "in an attempt to put the birth certificate issue to a rest, has presented the American public with a fake, forged, fraudulent Hawaiian birth certificate."

The seller indicated a willingness to respond to questions about the item, for which bidding was set to begin at $1,000. But the seller said questions would be evaluated and may not get a direct response.

The "certification of live birth" posted online and widely touted as "Obama's birth certificate" does not in any way prove he was born in Hawaii, since the same "short-form" document is easily obtainable for children not born in Hawaii. The true "long-form" birth certificate – which includes information such as the name of the birth hospital and attending physician – is the only document that can prove Obama was born in Hawaii, but to date he has not permitted its release for public or press scrutiny.

Oddly, though congressional hearings were held to determine whether Sen. John McCain was constitutionally eligible to be president as a "natural born citizen," no controlling legal authority ever sought to verify Obama's claim to a Hawaiian birth.

Click to view image: 'fc9bb10c646a-obama_birth_certificate_dees_small.jpg'

Facebook: Page advocating the beheading of infidels does not violate rules

 

 

IT IS TIME WE ALL LEAVE FACE BOOK

WHEN ISLAM HAS THE RIGHTS TO TALK ABOUT HOW THEY WANT TO KILL ME AND RAPE MY

HOW THEY WANT TO RAPE AND KILL MY SON OR DAUGHTER 

IT IS TIME WE THE PEOPLE QUIT  FACEBOOK

IT IS TIME FOR LAW SUITS I AM IN A CLASS ACTION LAWSUIT RIGHT NOW WITH FACEBOOK GOOPGLE AND VERIZION

Facebook: Page advocating the beheading of infidels does not violate rules

Despite Facebook's rules prohibiting violent content, a page that openly advocates beheading anyone who disrespects the prophet Mohammed does not violate the site's terms of service, Facebook spokesman Fred Wolens told Examiner on Wednesday.
The page, "Behead Those Who Disrespect Our Prophet P.B.U.H," does not violate the rules, Wolens said, because Facebook has "different standards around images versus text."
"Under our terms, this Page does not credibly threaten a specific person or target a protected category," he explained in an email.
Robert Spencer of Jihad Watch wrote about the page Tuesday, calling it "real hatred and incitement to violence."
"It is not 'hate' when it's a Facebook page. It only becomes 'hate' when I report about it," he wrote.
At least two readers at Jihad Watch said they reported the page to Facebook and were told it did not violate their terms of service.
It's not the first time Facebook has ruled in favor of such content.
In April, the social media giant said a gruesome video of a woman being decapitated did not violate their rules against graphic violence.
Wolens justified the ruling by claiming that people were posting it in order to condemn it.
The news of Wednesday's ruling did not sit well with Diane Sori, a conservative blogger who was banned from Facebook over a link to a beheading picture she never posted. The link was posted by an administrator of the pro-Sarah Palin page "Barracuda Brigade for Our American Girl! 2012."
Sori, along with other administrators of the page, was punished due to Facebook's policies that hold all administrators responsible for content regardless of the circumstances.
Sori told Examiner by private message that by allowing the page to remain, "along with all the anti-Israel, anti-Jewish, anti-Christian, anti-Jesus, and anti-conservative pages (including pages that call for the deaths of Sarah Palin and Mitt Romney)," the site was demonstrating its loyalty to Obama and, she added, "his far left, anti-American, pro-Islamic agenda."
Sori also said those who invest in Facebook stock need to know about the situation.
For some time, conservatives have bitterly complained about what they see as a double standard in Facebook's policy enforcement.
As a result, several conservative Facebook-like alternatives have come into existence. Tea Party Community, for example, has attracted over 125,000 users. Other sites include United Patriots and Online Friends.
A Facebook event also asks users to stay off the social media site on Independence Day, July 4.
Examiner's Chris Collins has more on the background of the page here.
Related:
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Arcapita's novel sharia bankruptcy plan approved

June 11 | Tue Jun 11, 2013 2:23pm EDT
(Reuters) - Bahrain investment firm Arcapita Bank received approval from a U.S. Bankruptcy Court on Tuesday for its plan to repay creditors, thought to be the first that is compliant with sharia, Islamic law.
"I'm happy to confirm the plan," said Judge Sean Lane of the U.S. Bankruptcy Court in Manhattan. "This has been a fascinating case for me."
Under the plan of reorganization, Arcapita will repay its only secured creditor, Standard Chartered Plc, in full. Arcapita will transfer its assets to a new holding company which will dispose of its investments over time, in an attempt to avoid a firesale liquidation.
 
 
The company's unsecured creditors will receive the equity in the new holding company as well as their pro rata share in a sharia-compliant loan. General unsecured creditors are expected to receive around 7.7 percent of the $1.9 billion they are owed, according to court documents.
The largest unsecured creditor is the Central Bank of Bahrain, which was owed $255.1 million.
The company provided alternative investment opportunities for rich families, institutions and sovereign wealth funds in the Gulf region, but sought bankruptcy last year as a $1.1 billion loan came due.
The fund's investment were sharia-compliant, as is the $350 million loan that Arcapita arranged to fund its wind-down operations after its exits bankruptcy.
Sharia prohibits borrowing money with interest. Instead, the so-called murabahah structure effectively treats the arrangement as a sale, incorporating a profit margin and fees instead of interest.
Arcapita filed for bankruptcy protection in March 2012 with about $7.4 billion in assets under management.
The move was unprecedented in a region where most debt workouts have involved consensual talks that ended in long maturity extensions.
Arcapita was represented by Michael Rosenthal of Gibson, Dunn & Crutcher.
The case is In Re: Arcapita Bank BSC et al, U.S. Bankruptcy Court, Southern District of New York, No. 12-11076.
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Court Docket

United States Bankruptcy Court Southern District of New York
Arcapita Bank B.S.C.(c)
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Date Court Document
Number
Description
06/11/2013 1255 Notice of Appearance (related document(s) 30) filed by Joseph Tripodi on behalf of Abdullah Al-Rayes. (Tripodi, Joseph) (Entered: 06/11/2013)
06/12/2013 1256 Affidavit of Service (related document(s) 1234, 1241, 1245, 1238, 1239, 1244, 1242, 1240, 1235, 1237) filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/12/2013)
06/12/2013 1257 Affidavit of Service (related document(s) 1252, 1254, 1246, 1250, 1251) filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/12/2013)
06/13/2013 1258 Statement - Notice of Filing of Additional Plan Supplement Document (related document(s) 1251) filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(C), et al. (Rosenthal, Michael) (Entered: 06/13/2013)
06/14/2013 1259 Statement - Notice of Filing of Final DIP Agreement (related document(s) 1224, 1157) filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al. (Rosenthal, Michael) (Entered: 06/14/2013)
06/15/2013 1260 Monthly Operating Report - Consolidated Monthly Operating Report For the Period From May 1, 2013 to May 31, 2013 (Arcapita Investment Holdings Limited, Falcon Gas Storage Company, Inc., Arcapita LT Holdings Limited, WindTurbine Holdings Limited, AEID II Holdings Limited, RailInvest Holdings Limited, Arcapita Bank B.S.C.(c)) filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al. (Rosenthal, Michael) (Entered: 06/15/2013)
06/17/2013 1261 First Opposition Brief SECOND OBJECTION OF CAPTAIN HANI ALSOHAIBI TO THE MOTION OF FIRST ISLAMIC INVESTMENT BANK B.S.C.(c) N/K/A ARCAPITA BANK B.S.C.(c) AND ITS FELLOW DEBTORS FOR AUTHORITY TO OBTAIN REPLACEMENT FINANCING FROM GOLDMAN SACHS TO REPAY EXISTING FINANCING [DOCKET NO. 1157] AND REQUEST THAT THE HEARING SCHEDULED FOR JUNE 24, 2013 CONCERNING APPROVAL OF THE PROPOSED FINANCING BE ADJOURNED AND AN INDEPENDENT SHARIAH BOARD BE APPOINTED (related document(s) 1157) filed by Tally M. Wiener on behalf of Hani Alsohaibi. (Attachments: #1 Exhibit Fatwa) (Wiener, Tally) (Entered: 06/17/2013)
06/17/2013 1262 Findings Of Fact, Conclusions Of Law, And Order Confirming The Second Amended Joint Plan Of Reorganization Of Arcapita Bank B.S.C.(c) and Related Debtors With Respect To Each Debtor Other Than Falcon Gas Storage Company, Inc. Under Charter 11 Of The Bankruptcy Code Signed On 6/17/2013. (Ebanks, Liza) (Entered: 06/17/2013)
06/17/2013 1263 Joint Opposition JOINDER OF KHALID BAESHEN, OSAMA BAESHEN, SAHAR BAESHEN AND SUMAYYA BAESHEN IN THE SECOND OBJECTION OF CAPTAIN HANI ALSOHAIBI TO THE MOTION OF FIRST ISLAMIC INVESTMENT BANK B.S.C.(c) N/K/A ARCAPITA BANK B.S.C.(c) AND ITS FELLOW DEBTORS FOR AUTHORITY TO OBTAIN REPLACEMENT FINANCING FROM GOLDMAN SACHS TO REPAY EXISTING FINANCING DOCKET NO. 1157 AND IN THE ACCOMPANYING REQUEST THAT THE HEARING SCHEDULED FOR JUNE 24, 2013 CONCERNING APPROVAL OF THE PROPOSED FINANCING BE ADJOURNED AND AN INDEPENDENT SHARIAH BOARD BE APPOINTED DOCKET NO. 1261 (related document(s) 1157) filed by Tally M. Wiener on behalf of Baeshen Family. (Wiener, Tally) (Entered: 06/17/2013)
06/17/2013 1264 Certification of Ballots-Supplement to Amended Declaration of Jeffrey S. Stein (related document(s) 1038, 1045, 1193, 1036) filed by Jeffrey S. Stein on behalf of GCG, Inc. (Stein, Jeffrey) (Entered: 06/17/2013)
06/18/2013 1265 Chapter 11 Plan/Confirmed Second Amended Joint Plan of Reorganization of Arcapita Bank B.S.C.(c) and Related Debtors Under Chapter 11 of the Bankruptcy Code (With First Technical Modifications) filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al. (Rosenthal, Michael) (Entered: 06/18/2013)
06/18/2013 1266 Affidavit of Service re Notice of Filing of Additional Plan Supplement Document filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/18/2013)
06/18/2013 1267 Affidavit of Service re Notice of Filing of Final DIP Agreement (related document(s) 1259) filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/18/2013
06/12/2013 1268 Transcript regarding Hearing Held on June 11, 2013 at 11:39 AM RE: Confirmation Hearing; Motion to Authorize/Debtors' Motion for an Order Authorizing and Approving a Settlement and Plan Support Agreement with Standard Chartered Bank. Remote electronic access to the transcript is restricted until 9/10/2013. The transcript may be viewed at the Bankruptcy Court Clerk's Office. [Transcription Service Agency: Veritext Reporting Company.]. (See the Courts Website for contact information for the Transcription Service Agency.). Notice of Intent to Request Redaction Deadline Due By 6/19/2013. Statement of Redaction Request Due By 7/3/2013. Redacted Transcript Submission Due By 7/15/2013. Transcript access will be restricted through 9/10/2013. (Braithwaite, Kenishia) (Entered: 06/19/2013)
06/19/2013 1269 Objection to Motion/Objection to Motion of Official Committee of Unsecured Creditors for Entry of Order Under 11 U.S.C. §§ 1103(c) and 1109(b) Granting Leave, Standing and Authority to Prosecute Turnover and Avoidance Claims (related document(s) 1197) filed by Michael J. Venditto on behalf of BNY Mellon Corporate Trustee Services Ltd., with hearing to be held on 6/26/2013 at 02:00 PM at Courtroom 701 (SHL) Objections due by 6/19/2013. (Venditto, Michael) (Entered: 06/19/2013)
06/19/2013 1270 Monthly Fee Statement/Fourteenth Fee Statement of Milbank, Tweed, Hadley & McCloy LLP for Compensation for Services Rendered and Reimbursement of Expenses Incurred as Counsel to Official Committee of Unsecured Creditors During Period From May 1, 2013 Through and Including May 31, 2013 filed by Dennis F. Dunne on behalf of Official Committee of Unsecured Creditors. (Dunne, Dennis) (Entered: 06/19/2013)
06/19/2013 1271 Certificate of Service of Andrew Tsang (related document(s) 1270) filed by Dennis F. Dunne on behalf of Official Committee of Unsecured Creditors. (Dunne, Dennis) (Entered: 06/19/2013)
06/19/2013 1272 Affidavit of Service (related document(s) 1269) filed by Michael J. Venditto on behalf of BNY Mellon Corporate Trustee Services Ltd. (Venditto, Michael) (Entered: 06/19/2013)
06/20/2013 1273 Tenth Monthly Fee Statement for Compensation for Professional Services Rendered and Expenses Incurred for the Period from May 1, 2013 through May 31, 2013 filed by Paul K. Ferdinands on behalf of King & Spalding LLP and King & Spalding International LLP. (Ferdinands, Paul) (Entered: 06/20/2013)
06/20/2013 1274 Monthly Fee Statement - Fourteenth Monthly Statement of Gibson, Dunn & Crutcher LLP of Fees for Professional Services Rendered and Disbursements Incurred as Counsel for the Debtors for the Period of May 1, 2013 through May 31, 2013 filed by Michael A. Rosenthal on behalf of Gibson, Dunn & Crutcher LLP. (Rosenthal, Michael) (Entered: 06/20/2013)
06/20/2013 1275 Reply to Motion/Reply in Support of Debtors' Motion Authorizing Replacement Postpetition Financing filed by Craig H. Millet on behalf of Arcapita Bank B.S.C.(C), et al. (Millet, Craig) (Entered: 06/20/2013)
06/17/2013 1276 Transcript regarding Hearing Held on 6/10/13 RE: Subordination Of The Tide Claims et al. Remote electronic access to the transcript is restricted until 9/16/2013. The transcript may be viewed at the Bankruptcy Court Clerk's Office. [Transcription Service Agency: Veritext Reporting Company.]. (See the Courts Website for contact information for the Transcription Service Agency.) (RE: related document(s) 1157, 1108). Notice of Intent to Request Redaction Deadline Due By 6/24/2013. Statement of Redaction Request Due By 7/8/2013. Redacted Transcript Submission Due By 7/18/2013. Transcript access will be restricted through 9/16/2013. (Peterson, Brent) (Entered: 06/20/2013)
06/20/2013 1277 Statement of Official Committee of Unsecured Creditors in support of Debtors' Motion Authorizing Replacement Financing and Joinder in their Reply to Objection to Same (related document(s) 1261, 1157, 1275) filed by Evan R. Fleck on behalf of Official Committee of Unsecured Creditors. (Fleck, Evan) (Entered: 06/20/2013)
06/20/2013 1278 Notice of Agenda - Notice of Agenda of Certain Matters Scheduled for Hearing on June 24, 2013 at 2:00 P.M. filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al. with hearing to be held on 6/24/2013 at 02:00 PM at Courtroom 701 (SHL) (Rosenthal, Michael) (Entered: 06/20/2013)
06/20/2013 1279 Monthly Fee Statement (Thirteenth) Submitted In Compliance with Order Pursuant to 11 U.S.C. Sections 105(a) and 331 Establishing Procedures for Interim Monthly Compensation and Reimbursement of Expenses for Professionals for the Period May 1, 2013 Through May 31, 2013, Objection deadline: July 5, 2013 at 10:00 p.m. filed by Dennis F. Dunne on behalf of FTI Consulting, Inc. (Dunne, Dennis) (Entered: 06/20/2013)
06/20/2013 1280 Certificate of Service of Andrew Tsang (related document(s) 1279) filed by Dennis F. Dunne on behalf of Official Committee of Unsecured Creditors. (Dunne, Dennis) (Entered: 06/20/2013)
06/20/2013 1281 Affidavit of Service (related document(s) 1264, 1260, 1262) filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/20/2013)
06/20/2013 1282 Monthly Fee Statement (Monthly Fee Statement of GCG, Inc., as Administrative Agent for the Debtors, for the Period of May 1, 2013 through May 31, 2013) filed by Jeffrey S. Stein on behalf of GCG, Inc. (Stein, Jeffrey) (Entered: 06/20/2013)
06/20/2013 1283 Affidavit of Service re Confirmed Second Amended Joint Plan of Reorganization of Arcapita Bank (related document(s) 1265) filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/20/2013)
06/20/2013 1284 Monthly Fee Statement (Fourteenth) of Houlihan Lokey Capital, Inc. for Compensation for Services Rendered and Reimbursement of Expenses Incurred as Financial Advisor and Investment Banker to Official Committee of Unsecured Creditors During Period From May 1, 2013 Through and Including May 31, 2013 filed by Dennis F. Dunne on behalf of Houlihan Lokey Capital, Inc. (Dunne, Dennis) (Entered: 06/20/2013)
06/21/2013 1285 Certificate of Service of Andrew Tsang (related document(s) 1284) filed by Dennis F. Dunne on behalf of Houlihan Lokey Capital, Inc. (Dunne, Dennis) (Entered: 06/21/2013)
06/21/2013 1286 Affidavit of Service of Charmaine Thomas (related document(s) 1277) filed by Evan R. Fleck on behalf of Official Committee of Unsecured Creditors. (Fleck, Evan) (Entered: 06/21/2013)
06/21/2013 1287 Reply to Motion/Reply in Support of Motion of Official Committee of Unsecured Creditors for Entry of Order Under 11 U.S.C. §§ 1103(c) and 1109(b) Granting Leave, Standing and Authority to Prosecute Turnover and Avoidance Claims (related document(s) 1197) filed by Evan R. Fleck on behalf of Official Committee of Unsecured Creditors. (Fleck, Evan) (Entered: 06/21/2013)
06/21/2013 1288 Monthly Fee Statement - Fourteenth Monthly Statement of Linklaters LLP, as Special Counsel to the Debtors and Debtors in Possession, for Compensation for Professional Services rendered and Reimbursement of Expenses Incurred for the Period from May 1, 2013 through May 31, 2013 filed by Michael A. Rosenthal on behalf of Linklaters LLP. (Rosenthal, Michael) (Entered: 06/21/2013)
06/21/2013 1289 Declaration-Supplemental Declaration of Richard Good in Further Support of the Debtors' Application for an Order Authorizing the Retention and Employment of Linklaters LLP as Special Counsel to the Debtors nunc pro tunc to the Petition Date (related document(s) 146, 920, 128) filed by Michael A. Rosenthal on behalf of Linklaters LLP. (Rosenthal, Michael) (Entered: 06/21/2013)
06/21/2013 1290 Monthly Fee Statement - Eleventh Monthly Statement of Mourant Ozannes of Fees for Professional Services Rendered and Disbursements Incurred as Special Cayman Islands Counsel for the Debtors for the Period of May 1, 2013 through May 31, 2013 filed by Michael A. Rosenthal on behalf of Mourant Ozannes. (Rosenthal, Michael) (Entered: 06/21/2013)
06/21/2013 1291 Affidavit of Service of Charmaine Thomas (related document(s) 1287) filed by Evan R. Fleck on behalf of Official Committee of Unsecured Creditors. (Fleck, Evan) (Entered: 06/21/2013)
06/24/2013 1292 Statement - Notice of Adjournment of the Hearing to Consider the Debtors' Objection to Proofs of Claim Nos. 320, 321, 322, 323, 324, 325, 326, 383, and 557 (related document(s) 1051, 1073) filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al. with hearing to be held on 8/27/2013 at 11:00 AM at Courtroom 701 (SHL) Objections due by 8/1/2013, (Rosenthal, Michael) (Entered: 06/24/2013)
06/24/2013 1293 Monthly Fee Statement/Third Monthly Statement of Antony Zacaroli, QC of Fees for Professional Services Rendered and Expenses Incurred as Special Cayman Islands Counsel for the Debtors for the Period of May 1, 2013 through May 31, 2013 filed by Michael A. Rosenthal on behalf of Antony Zacaroli. (Rosenthal, Michael) (Entered: 06/24/2013)
06/24/2013 1294 Master Service List - June 2013 filed by Jeffrey S. Stein on behalf of GCG, Inc. (Stein, Jeffrey) (Entered: 06/24/2013)
06/24/2013 1295 Notice of Agenda/Notice of Agenda of Certain Matters Scheduled for Hearing on June 26, 2013 at 2:00 P.M. filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(C), et al. (Rosenthal, Michael) (Entered: 06/24/2013)
06/24/2013 1296 Statement/Notice of Filing of Proposed Sixteenth Interim Budget to Debtors' Motion for Interim and Final Orders (A) Authorizing Debtors to (I) Continue Existing Cash Management System, Bank Accounts, and Business Forms and (II) Continue Ordinary Course Intercompany Transactions; and (B) Granting an Extension of Time to Comply with the Requirements of Section 345(b) of the Bankruptcy Code filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al. (Rosenthal, Michael) (Entered: 06/24/2013)
06/25/2013 1297 Application for Pro Hac Vice Admission of Daniel M. Simon on behalf of National Bank of Bahrain B.S.C. filed by Daniel Egan on behalf of National Bank of Bahrain B.S.C. (Attachments: #1 Proposed Order) (Egan, Daniel) (Entered: 06/25/2013)
06/25/2013 1298 Statement-Notice of Adjournment of the Hearing to Consider the Debtors' Objection to Proof of Claim No. 517 (related document(s) 1073, 1050) filed by Michael A. Rosenthal on behalf of Arcapita Bank B.S.C.(c), et al., with hearing to be held on 8/27/2013 at 11:00 AM at Courtroom 701 (SHL) Objections due by 8/1/2013. (Rosenthal, Michael) (Entered: 06/25/2013)
06/25/2013 1299 Monthly Fee Statement - Thirteenth Monthly Statement of Alvarez and Marsal North America, LLC in their Capacity as Financial Advisors to the Debtors and Debtors-In-Possession, for Compensation and Reimbursement of Expenses Incurred for the Period of April 1, 2013 through April 30, 2013 filed by Michael A. Rosenthal on behalf of Alvarez and Marsal North America, LLC. (Rosenthal, Michael) (Entered: 06/25/2013)
06/25/2013 1300 Affidavit of Service (related document(s) 1278, 1274, 1273, 1275, 1282) filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/25/2013)
06/25/2013 1301 Affidavit of Service re Notice of (A) Entry of Order Confirming Plan of Reorganization and (B) Deadline to Submit Proofs of Claim with Respect (I) Administrative Expense filed by Angela Ferrante on behalf of GCG, Inc. (Ferrante, Angela) (Entered: 06/25/2013)
06/26/2013 1302 Affidavit of Service re (related document(s) 1288, 1290, 1289) filed by Jeffrey S. Stein on behalf of GCG, Inc. (Stein, Jeffrey) (Entered: 06/26/2013)
06/26/2013 1303 Affidavit of Service re (related document(s) 1293, 1292, 1295, 1296) filed by Jeffrey S. Stein on behalf of GCG, Inc. (Stein, Jeffrey) (Entered: 06/26/2013)
06/26/2013 1304 Final Order Signed On 6/26/2013, Authorizing Debtors (A) To Enter Into And Perform Under Murabaha Agreement, And (B) To Obtain Credit On A Secured Super-Priority Basis, And (II) Granting Related Relief. (Related Doc #1157) (Ebanks, Liza) (Entered: 06/26/2013)
06/26/2013 1305 Motion to Amend/Motion for Order Modifying the Automatic Stay Pursuant to Section 362 of the Bankruptcy Code filed by Craig H. Millet on behalf of Arcapita Bank B.S.C.(c), et al. Responses due by 7/10/2013, (Millet, Craig) (Entered: 06/26/2013)