Tag Archives: banksters

Libor Lie – A Black Swan?

July 16, 2012 | USAWatchdog.com  The Libor interest rate rigging scandal is being called the biggest financial fraud in history.  Libor is a key interest rate that is used globally to set as much as $800 trillion in transactions.  It … Continue reading

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Exclusive: Prosecutors, Regulators Close to Making Libor Arrests

July 22, 2012 | Reuters U.S. prosecutors and European regulators are close to arresting individual traders and charging them with colluding to manipulate global benchmark interest rates, according to people familiar with a sweeping investigation into the rate-rigging scandal. Federal … Continue reading

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£13tn: Hoard Hidden from Taxman by Global Elite

“According to Henry’s calculations, £6.3tn of assets is owned by only 92,000 people, or 0.001% of the world’s population – a tiny class of the mega-rich who have more in common with each other than those at the bottom of … Continue reading

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Global banks Are the Financial Services Wing of the Drug Cartels

The gloves are coming off . . . “But in this newspaper – when we revealed the original “cease and desist” order against HSBC – the former head of the UN Office on Drugs and Crime, Antonio Maria Costa, posited … Continue reading

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Time for ‘Banksters’ to Be Prosecuted

Washington Post | July 10, 2012 by Katrina vanden Heuvel “Banksters,” the cover of the Economist magazine charges, depicting a gaggle of bankers dressed as extras off the “Goodfellas” lot. The editors were reacting to Libor-gate, the collusion among traders … Continue reading

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FORBES: It’s Not Libor Stupid, Central Banks Are the Problem

July 6, 2012 | Forbes The Libor scandal is about to get a whole lot worse. And, that’s the good news. Not only are at least twenty more big banks under investigation as part of a massive fraud to manipulate … Continue reading

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Robert Reich: This Is the Wall Street Scandal of All Scandals

Note: Robert Reich, one of the nation’s leading experts on work and the economy, is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national … Continue reading

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Trio of Top Central Banks Leap into Action in Sign of Alarm

Pat: “Ring around the rosy, a pocketful of posies. Ashes. Ashes. [They] all fall down.” And “WE” rise up! July 5, 2012 | Reuters China, Europe and Britain loosened monetary policy in the space of less than an hour on … Continue reading

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Landmark Lawsuit by US Home Owners Implicates Obama and Big Banks in Massive Global Laundering Scheme

Wake Up World | May 5, 2012 A new lawsuit, which is bordering on the unbelievable, implicates the Obama administration and some of the world’s largest banks in the largest international money laundering case in history. This global money laundering … Continue reading

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CEO of Major Bank Writes Epic Anti-Wall Street Manifesto

Business Insider | April 6, 2012 Were you annoyed by the “whining” in Jamie Dimon’s annual letter to shareholders? Go download and read the shareholder letter from M&T bank CEO Robert Wilmers. Breakingviews calls it the “must-read missive of the … Continue reading

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