Posted on 11/14/2014 9:06:30 AM PST by ednoonan7
PRESS RELEASE NOVEMBER 14, 2014
ROBBER BARON BANKERS: Scam $1.3 Quadrillion/yr
November 14, 2014 – Reuters reported yesterday: “Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a year-long global investigation.
HSBC (HSBA.L), Royal Bank of Scotland (RBS.L), JP Morgan (JPM.N) and Bank of America (BAC.N) also face penalties resulting from the inquiry that has put the largely unregulated $5 trillion-a-day market on a tighter leash, accelerated the push to automate trading and ensnared the Bank of England.”
See: http://www.reuters.com/article/2014/11/12/us-banks-forex-settlement-cftc-idUSKCN0IW0E520141112
Based on this $5 trillion-a-day Ponzi scheme, International banksters have scammed over $1.3 Quadrillion+ a year from the citizens of the world.
Left leaning globalresearch.ca reports that “currency markets are rigged.”
See: http://www.globalresearch.ca/big-banks-busted-massively-manipulating-foreign-exchange-precious-metals-and-every-other-market/5413658
Both Reuter and Global Research report that:
>Gold and Silver Are Manipulated >Derivatives Are Manipulated >Interest Rates Are Manipulated >Energy Prices Manipulated >Oil Prices Are Manipulated >Commodities Are Manipulated
Everything Can Be Manipulated through High-Frequency Trading
Manipulating Numerous Markets In Myriad Ways
The big banks and other giants manipulate numerous markets in myriad ways, for example:
Engaging in mafia-style big-rigging fraud against local governments. Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Charging “storage fees” to store gold bullion … without even buying or storing any gold . And raiding allocated gold accounts Committing massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this. This would be like selling your car, and collecting money from 10 different buyers for the same car Cheating homeowners by gaming laws meant to protect people from unfair foreclosure Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. Engaging in unlawful “front-running” to manipulate markets. Engaging in unlawful “Wash Trades” to manipulate asset prices. Otherwise manipulating markets. Participating in various Ponzi schemes Charging veterans unlawful mortgage fees Cooking their books Bribing and bullying ratings agencies to inflate ratings on their risky investments
Global Research ends their report with this quote: “Wall Street has manipulated virtually every other market as well – both in the financial sector and the real economy – and broken virtually every law on the books."
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Edward C. Noonan
2002 Winner AIP Primary - CA Secretary of State 2006 Winner AIP Primary - CA Governor 2006-2008 CA State Party Chairman American Independent Party 2010 Winner AIP Primary - CA US Senate 2012 Winner AIP Primary - President of the United States 2012 Founder & National Committee Chairman: American Resistance Party http://www.americanresistancparty.org
Nothing new. Soros has been doing it for decades. I think NZ made it public when he did it to them.
Not sure how the financial intrests can scam over a quadrillion dollars when global production is about 84 trillion.
Politicians have been their enablers in return for big payoffs - case in point - klintons left office "flat broke" (Hildabeast's words) now worth several hundred million. 0bama hasn't even waited till he is out of office to cash in.
How can one take an article seriously that used this hysterical Occupy phrase?
This one:
“International banksters “
How about thieving scum sucking bastards instead?
Still sounds like a left wing Occupy shill piece.
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