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Silver Wheaton Corp. Message Board

  • thecomforter1919 thecomforter1919 Nov 2, 2013 6:55 PM Flag

    The Criminal Banksters have rigged everything from PM' s to Currency, and that is the only way they can make money, by stealing

    eports: Barclays bank suspends 6 in rigging probe
    By JILL LAWLESS | Associated Press – 9 hours ago

    LONDON (AP) — Barclays bank has suspended six traders amid an investigation into whether international currency markets were rigged, the BBC, the Financial Times and other outlets reported Saturday.
    Barclays, Britain's second-largest bank, revealed on Wednesday that it was the subject of an investigation by regulators in Britain and other countries over "possible attempts to manipulate certain benchmark currency exchange rates."
    The bank said it was "reviewing its foreign exchange trading covering a several year period through August 2013 and is cooperating with the relevant authorities."
    Barclays spokeswoman Aurelie Leonard declined to comment Saturday on reports that traders had been suspended.
    Other banks including JPMorgan Chase, Citigroup and Switzerland's UBS have also said they are being investigated over currency trading, and Britain's RBS suspended two traders on Thursday in the same investigation.
    The investigation is the latest bad news for Barclays, which overhauled its top management after being fined $453 million for manipulating a key global interest rate and other wrongdoing.
    The international currency-trading investigation has echoes of inquiries into manipulation of the London interbank offered rate, or LIBOR, which underpins trillions of dollars in transactions around the world. The financial world was shaken when it emerged that banks — including Royal Bank of Scotland, Barclays and UBS — were submitting false data to gain market advantages.

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    • Don’t forget Eric Holder’s comments:

      “…On March 6, 2013, Holder testified to the Senate Judiciary Committee that the size of large financial institutions has made it difficult for the Justice Department to bring criminal charges when they are suspected of crimes, because such charges can threaten the existence of a bank and therefore their interconnectedness may endanger the national or global economy. "Some of these institutions have become too large,” Holder told the Committee, “It has an inhibiting impact on our ability to bring resolutions that I think would be more appropriate." …”

      Just what we need, a coward for US Attorney General. Or is that just cover for big time payback from crooked banks at some future date? (From Wikipedia on the Eric Holder page.)

      Holder is no Andrew Jackson, who was incorruptible, and had the courage to see to it that the charter for the 2nd Bank of the US was not renewed. The Fed’s charter is up this year and the sheeple are all sleeping for another round of living (or is it dieing) through the corruption of a private central bank.

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