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

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
"😇The Anunnaki have provided evidences, rendered in clay tablets, that PROVE that they not only knew all about Antarctica, but that it was one of several gateways to inner Earth and was guarded by sentinels........And that within the life times of…"
30 minutes ago
Drekx Omega commented on Drekx Omega's video
"That ancient genetic engineer, Enki, describes what he views, as the future of his human form creation......An interesting last tablet record, of his predictions...It is the most personal record, a first person account, he placed in clay and had…"
42 minutes ago
Drekx Omega left a comment on Comment Wall
"That ancient genetic engineer, Enki, describes what he views, as the future of his human form creation......An interesting last tablet record, of his predictions...It is the most personal record, a first person account, he placed in clay and had…"
47 minutes ago
Love & Joy posted a discussion
THE HEALING TEMPLE IS OPEN EVERY SUNDAY AT 2 pm CDT  Join Free Zoom Meetinghttps://us02web.zoom.us/j/87532291998. Every Sunday A quiet space to pause, relax, breathe, and allow your body, mind, emotions, and energy to soften and realign. This…
1 hour ago
Drekx Omega left a comment on Comment Wall
"Enki was the relatively benign Anunnaki member and often helped humanity, at odds with Enlil and Anu's decrees...He was the "god" who saved humanity from the great flood...And here he tells all, including the Anunnaki propaganda, which frequently…"
1 hour ago
Drekx Omega commented on Drekx Omega's blog post The MOON is a Titanium Ball from Ex-Planet Maldek
"OK friends, I hope this data is of interest, as it does consolidate much we know, with supportive Annunaki evidence from Sumerian clay tablets.... Firstly, there is an interior "made in the Pleiades" star map, commemorating it's construction origins…"
2 hours ago
AlternateEarth posted a blog post
Listen to this article5 min (LifeSiteNews) — On Thursday, LifeSite’s Frank Wright addressed the audience of the Alex Jones Show tracing the origins and operations of the modern liberal international order. He argued this liberal system was…
2 hours ago
rev.joshua skirvin posted a status
( Solar Flash ) & you will be in the moments, the days, the months ahead, you will witness the great changes as they are brought forth.
6 hours ago
More…