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

glr_Andrea's picture

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

 

 

 

By TOBY HARNDEN and THOMAS DURANTE

PUBLISHED: 23:38 GMT, 28 June 2012

 

 

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.

The worldwide probe centres on claims traders at Barclays colluded with rival banks to keep interest rates at levels to their benefit.

Barclays agreed to pay a whopping $453million in fines to the U.S. Justice Department and the UK's Financial Services Authority.

But it emerged tonight the bank 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.





Read more: http://www.dailymail.co.uk/news/article-2166198/Interest-rate-scandal-Will-Barclays-turn-banks-involved-massive-scheme.html#ixzz1zAYgZTb4

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Why interest exist

Guest's picture


"Around us again will be a whole constellation of bankers, industrialists, capitalists and – the main thing – millionaires. Because for the main part, everything will be settled by the question of large amounts of money."

 

http://www.iamthewitness.com/books/Protocols.in.Modern.English.htm

 

A summary of the protocols of zion:

 

  • Place our agents and helpers everywhere
  • Take control of the media and use it in propaganda for our plans
  • Start fights between different races, classes and religions
  • Use bribery, threats and blackmail to get our way
  • Use Freemasonic Lodges to attract potential public officials
  • Appeal to successful people’s egos
  • Appoint puppet leaders who can be controlled by blackmail
  • Replace royal rule with socialist rule, then communism, then despotism
  • Abolish all rights and freedoms, except the right of force by us
  • Sacrifice people (including Jews sometimes) when necessary
  • Eliminate religion; replace it with science and materialism
  • Control the education system to spread deception and destroy intellect
  • Rewrite history to our benefit
  • Create entertaining distractions
  • Corrupt minds with filth and perversion
  • Encourage people to spy on one another
  • Keep the masses in poverty and perpetual labor
  • Take possession of all wealth, property and (especially) gold
  • Use gold to manipulate the markets, cause depressions etc.
  • Introduce a progressive tax on wealth
  • Replace sound investment with speculation
  • Make long-term interest-bearing loans to governments
  • Give bad advice to governments and everyone else

Hi Dear Brothers and

lightgirl's picture

Hi Dear Brothers and Sisters,

 

 

It looks like they are all starting to turn on each other as the rubber meets the road!!!  They aren't going to take the fall for anyone so as each is exposed, they will start taking the rest with them.....I'd say that's the domino effect!

 

Victory is ours!!!!!