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Old 06-30-2012, 04:41 AM  
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 Aerianne Aerianne is offline
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Thumbs up U.S. Banks Face Criminal Probe Into Global Interest Rate-Fixing Scheme

A new nightmare on Wall Street? U.S. banks face criminal probe into global interest rate-fixing scheme as Barclays blows the whistle on America's financial giants

Some of America's top banks are set to be dragged into a major criminal investigation of a global interest rate-fixing scandal about to engulf some of Wall Street's biggest institutions.

It emerged tonight that Barclay had struck a deal of 'extraordinary co-operation' with regulators in Washington and London - potentially exposing collusion on interest rates among banks across the globe.

The bank admitted to manipulating key interest rates, increasing pressure on other banks to cooperate in a probe that could cost the financial industry billions of dollars.

The agreement came after coordinated investigations lasting years and is just the first in a series of potential cases against other financial firms, including HSBC, Citigroup and JPMorgan Chase.


Read more: http://www.dailymail.co.uk/news/arti...#ixzz1zFFCsGQc

 


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Old 06-30-2012, 04:47 AM


Tyrsonswood Tyrsonswood is online now
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Right on...
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Old 06-30-2012, 04:51 AM


 Aerianne Aerianne is offline
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I think it is just incredible that this crap is being exposed!
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Old 06-30-2012, 04:54 AM


Tyrsonswood Tyrsonswood is online now
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It is, but there's much more that isn't. If people only knew what went on in those back rooms.


Did you check this out yet? http://www.hipforums.com/newforums/s...t7301960&f=420 It'll make your skin crawl...
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Old 06-30-2012, 04:59 AM


 Aerianne Aerianne is offline
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Quote:
Originally Posted by Tyrsonswood View Post
It is, but there's much more that isn't. If people only knew what went on in those back rooms.


Did you check this out yet? http://www.hipforums.com/newforums/s...t7301960&f=420 It'll make your skin crawl...
Thanks for reminding me to go back and read that.
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Old 06-30-2012, 05:13 AM
Deeper Yet....


 Ranger Ranger is offline
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This obscure book becomes even more interesting with the new health plan.
Hickel, Walter J. > Who Owns America? 1971
It's extremely well footnoted and he pretty much proves it's all owned by the insurance companys.
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Old 06-30-2012, 05:47 PM


Skip Skip is offline
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There's much more ado about this in Britain. The head of Barclays is going to get his ass handed to him. They're talking criminal charges for a change!

And these are the ASSHOLES who got bailed out by the public!

I wanna see them put JUST ONE of these CEO criminals behind bars. That'll teach the others a lesson.

We need SOME DETERRENT to all these Bankster Conspiracies to defraud and steal from the public.
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Old 06-30-2012, 08:39 PM
Ah Yes, I understand....


 Ranger Ranger is offline
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There is a shortage of ethics proffs at Yale. Has anyone seen Michael Milken?
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Old 07-02-2012, 05:50 AM


 Aerianne Aerianne is offline
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Here we go:

"Barclays bank chairman Marcus Agius to resign"

"Mr Agius made his decision to quit on Saturday night.

In his resignation statement he is expected to say the scandal had been a "devastating blow to the bank's reputation" and apologise to staff, customers and shareholders."

http://www.bbc.co.uk/news/uk-18665719
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