Everything is Rigged: The Biggest Financial Scandal Yet ...THE SCAM WALL STREET LEARNED FROM THE MAFIA

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything.You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that's trillion, with a "t") worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it "dwarfs by orders of magnitude any financial scam in the history of markets."That was bad enough, but now Libor may have a twin brother. Word has leaked out that the London-based firm ICAP, the world's largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world's largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.It should surprise no one that among the players implicated in this scheme to fix the prices of interest-rate swaps are the same megabanks – including Barclays, UBS, Bank of America, JPMorgan Chase and the Royal Bank of Scotland – that serve on the Libor panel that sets global interest rates. In fact, in recent years many of these banks have already paid multimillion-dollar settlements for anti-competitive manipulation of one form or another (in addition to Libor, some were caught up in an anti-competitive scheme, detailed in Rolling Stone last year, to rig municipal-debt service auctions). Though the jumble of financial acronyms sounds like gibberish to the layperson, the fact that there may now be price-fixing scandals involving both Libor and ISDAfix suggests a single, giant mushrooming conspiracy of collusion and price-fixing hovering under the ostensibly competitive veneer of Wall Street culture.THE SCAM WALL STREET LEARNED FROM THE MAFIAFull Article @http://m.rollingstone.com/entry/view/id/37616/pn/all/p/0/?KSID=f3f8b1cc101567ecfd931ffe215d595e

Greetings in the Light and Love of our Infinite Creator.We enjoy the moments we share with all of you. Thank you for this Transmission.While much disclosure and exposing of lies and deceit is taking place in your world, it is essential to hold firm…

Increasing numbers of people around the world are reporting that ear-ringing, dizziness, and extreme fatigue have escalated for them over the past few months. (Please read yesterday’s article regarding the reason for many symptoms that people are…

"Are you beginning to see how the Democratic Party's dark-money-funded NGO network operates?
https://www.zerohedge.com/political/white-house-plans-security-boos..."

Spiritual Forum

Everything is Rigged: The Biggest Financial Scandal Yet ...THE SCAM WALL STREET LEARNED FROM THE MAFIA

Replies

Latest Discussion

Shift & Uplift Your Divine Vibrations With The Violet Flame By Melanie Beckler

Novamen 13-Chakra System and Transforming to a Carbon-based Crystalline, of the Tetrahedral Formation..

Celestial Magic Invocation By Steven Hutchinson

Note: this page contains paid content.

Most Popular Discussion

The hidden meaning behind the color of the eyes

Blood Type and Starseed Origins

Comprehensive List Of Companies That Use Aborted Fetal Cells As Flavor

Note: this page contains paid content.

Topics by Tags

Monthly Archives

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

Latest Activity

New Blog Posts

The Andromeda Intergalactic Council: Everything Will Change in a Moment of Divine Intervention; By Chellea Wilder | Source.

Increasing Cosmic Energy ( Solar Flash's ) By Dr Schavi M Ali | Source.

Late Summer Nature Pics

Goddess Quan Yin Meditation and Mantras

Note: this page contains paid content.