The Many Ways Banks Commit Criminal FraudPosted on July 4, 2012 by WashingtonsBloghttp://www.washingtonsblog.com/2012/07/the-many-ways-banks-commit-criminal-fraud.htmlLibor Manipulation Is Only One of MANY Types of Fraud Committed by the Big BanksThe Libor scandal seems to be waking people up to manipulation and fraud by the big banks.There are many other types of fraud they’ve engaged in as well …Here is a partial list:Engaging in mafia-style big-rigging fraud against local governments. See this, this and thisLaundering money for drug cartels. See this, this and thisCooking their booksEngaging in unlawful “frontrunning” to manipulate markets. See this, this, this, this, this and thisEngaging in unlawful “Wash Trades” to manipulate asset prices. See this, this and thisOtherwise manipulating markets. And see thisShaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here, here, here, here, here, here, here and hereCommitting massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them (and see this)Pledging the same mortgage multiple times to different buyers. See this, this, this, this and thisCheating homeowners – especially veterans – from laws meant to protect people from unfair foreclosureBribing and bullying ratings agencies to inflate ratings on their risky investmentsSinging the glories of investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this, this, this and thisParticipating in various Ponzi schemes. See this, this and thisOwning and largely running the Federal Reserve … which is itself arguably a Ponzi schemeBut at least the big banks do good things for society, like loaning money to Main Street, right?Actually:The big banks no longer do very much traditional banking. Most of their business is from financial speculation. For example, less than 10% of Bank of America’s assets come from traditional banking deposits. Instead, they are mainly engaged in financial speculation and derivatives. (and see this)The big banks have slashed lending since they were bailed out by taxpayers … while smaller banks have increased lending. See this, this and thisA huge portion of the banks’ profits comes from taxpayer bailouts. For example, 77% of JP Morgan’s net income comes from taxpayer subsidiesThe big banks are literally killing the economy … and waging war on the people of the worldAnd our democracy and republican form of government as well

You need to be a member of Ashtar Command - Spiritual Community to add comments!

Join Ashtar Command - Spiritual Community

Email me when people reply –

Topics by Tags

Monthly Archives

Latest Activity

Drekx Omega left a comment on Comment Wall
"Movella is currently available for tarot and other readings, if required...

https://www.psychicsofa.com/available-readers/reader/movella/4256"
2 hours ago
Drekx Omega left a comment on Comment Wall
"‘TRUMP IS CUTTING THE CHINESE OUT’........Bravo: In order to destroy the globalist control matrix, it's essential that we cut Red China out of the supply chain...I've been suggesting this for years...and now, Trump is doing precisely that, with his…"
3 hours ago
Drekx Omega left a comment on Comment Wall
"This data should be useful to all readers and I have posted it before, but again, reminded by Movella's comment to AE, about infrared creating cellular level melatonin.....And to elaborate usefully, melatonin is generated within the mitochondrial…"
4 hours ago
Drekx Omega left a comment on Comment Wall
"AE...light contains information packages and human DNA responds to it....Have a look at this Greg Braden video, where he explains how scientists have now proven the relationship between photons and DNA strands...…"
5 hours ago
Movella left a comment on Comment Wall
"AE, all of the suns in our galaxy are constantly sending upgrades to our DNA to all life on the planet, which is relayed from Sirius.. So we are receiving information packages to prepare us for ascension. Also the vitamin D from the ultra violet and…"
5 hours ago
AlternateEarth left a comment on Comment Wall
"Always love a little sun light, unless it's broiling hot, Movella. Can you elaborate about the light codes? Thanks"
7 hours ago
AlternateEarth left a comment on Comment Wall
"Where Are The Liberals When Iran Mass-Deports Millions of Afghans? Happening right Now!
What a mess the 'cabal' gave us worldwide
https://www.infowars.com/posts/where-are-the-liberals-when-iran-mas..."
7 hours ago
AlternateEarth commented on AlternateEarth's blog post And the madness continues to the south
"What would Gary say about this?

Where Are The Liberals When Iran Mass-Deports Millions of Afghans? Happening right Now!
What a mess the 'cabal' gave us worldwide
https://www.infowars.com/posts/where-are-the-liberals-when-iran-mas..."
7 hours ago
More…