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Category Archives: International Corruption
JPMorgan Chase Libor Subpoenas Coming from Everybody in the World
August 9, 2012 | HuffPost Pretty much everybody in the world with subpoena power has hit JPMorgan Chase with requests for information in the Libor-rigging scandal. The biggest U.S. bank revealed the extent of its involvement in the probe in … Continue reading
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
Posted in Banksters, Economy, International Corruption
Tagged bankster corruption, banksters, Libor, libor fraud
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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
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
The British, at Least, Are Getting Tough
“Later, in a speech to Parliament, [Chancellor of the Exchequer] Mr. Osborne voiced the question that so many have asked recently in the United States. “Fraud is a crime in ordinary business — why shouldn’t it be so in banking?” … Continue reading
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
Chinese Police ‘Eliminate Child Trafficking Gangs’
July 6, 2012 | Telegraph UK Police in China say they have “eliminated” two major child trafficking gangs, freeing 181 children and making 802 arrests. In a statement released on Friday, security officials said 10,000 police operatives took part in … Continue reading
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
