Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.
The US credit union regulator has filed an anti-trust lawsuit against 13 major international banks as part of the global crackdown in the Libor rate-rigging scandal.
The National Credit Union Administration (NCUA) said it aims to recover some of the funds lost by five corporate credit unions it supervised and which have since failed, according to a statement posted on the NCUA website Monday.
Rothschild’s Hidden Hands ~CLICK ~
The Fed’s Pipeline To Israel: The Seat Of Rothschild
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.
Peter Lanza, is the tax director for General Electric, a corporation that paid -$0- in Federal income taxes on $14.2 billion dollars in profits last year. Three of the employees from GE Capitol, the unit overseen by Lanza, were sentenced to time in prison on October 18th 2012 for Libor bid-rigging scheme.
The men are the first to be sentenced as part of an ongoing investigation of bid-rigging in auctions. It just so happens that GE Capitol, Peter Lanza’s Unit, was the one involved in the bid-rigging schemes that used LIBOR rates to manipulate the municipal market.
The female who runs The Economist Magazine, is married to the biggest bankster of them all – Evelyn de Rothschild.
How convenient for team Rothschild to sell the young bankers down the river while they upstream the family jewels (i.e. gold and silver) through the imposition of newer, better and faster global monetary systems that is able to bond with the Chinese. Historian Niall Ferguson’s take on the Rothschild role in the battle of Waterloo:
- IMF Reassess Global Economic Fate: Emerging Economies Slow ~ No Longer The Dynamic Engine For Global Growth!
- Obama Takes A Hit: Egypt Strikes Back Twice As Hard ~ Court Jails 52 Political Muslim Brotherhood Regime Members ~ 11 Get Life Sentences
Three years after Iceland’s banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say.