ROLLING STONE : ROTHSCHILD CORRUPTION GOES MAINSTREAM

[Lodestar]

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix

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.

MORE
Read more: http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425#ixzz2t5OBMJ2H

[Lodestar]

1. Any relationship between this and the recent stories of banker suicides? n/t

[loudsue]

2. Rolling Stone knocked that one out of the park.

Nailed those suckers. Long read, but great reporting.

[Lodestar]

3. One huge, pervasive GLOBAL Ponzy scheme....this is where the real front line of the war should be.

And these are the terrorists.

"After scandals involving libor and, perhaps, ISDAfix, the question that should have everyone freaked out is this: What other markets out there carry the same potential for manipulation? The answer to that question is far from reassuring, because the potential is almost everywhere. From gold to gas to swaps to interest rates, prices all over the world are dependent upon little private cabals of cigar-chomping insiders we're forced to trust."

I suppose if there is any hopeful spin to be gleaned from this horrific tale relative to taking down this enormously powerful cabal is that they are, in the end, just a handful of fat cats calling the shots with a vast army of yes men more than happy to enrich themselves at the expense of the rest of humanity. The Wizard is vulnerable once the curtain is stripped away.
I have the feeling all those banker "suicides" are connected to this somehow.

Also, as the article says, the price of all commodities are open to manipulation. For instance, during the big freeze this winter the price of propane soared to triple the price. We are being told it was a perfect storm of circumstances that led to the hike. The thing is, can you trust that? There is no regulation whatsoever....

[Lodestar]

4. Update info on ICAP - chump change and a slap on the wrist

Big broker ICAP to pay US$87-million to settle U.S. and UK charges of manipulating Libor interest rate

http://business.financialpost.com/2013/09/25/big-broker-icap-to-pay-us87-million-to-settle-u-s-and-uk-charges-of-manipulating-libor-interest-rate/

[corkhead]

5. Nothing new here. Your link goes to an article from April 2013

[Lodestar]

8. New to ME!

Not that it is particularly surprising. The real surprise was seeing it in print....in U.S.

[Lodestar]

9. Oooooo....someone hearted me! Thanks! n/t

[glowing]

6. It's all fake. People are suffering for a fake assed system.

Last edited Wed Feb 12, 2014, 08:44 AM - Edit history (1)

And these types of things won't be reported on in the corporately controlled media. They are part of the ponzi schemes and theft of real value; ie people's labor/ time and natural resources. By creating scarcity and need, they have made people afraid to step out of line, in case it gets worse. How many people complain, but then put it in perspective of a starving child in a 3rd world region.

[Enthusiast]

7. Kicked and recommended a whole bunch.....nt

[Dark n Stormy Knight]

10. K&R.

[2banon]

11. Judge who dismissed the LIBOR case is U.S. District Court Judge Naomi Buchwald

A Clinton appointee who also dismissed the Monsanto case.

Any research done on her? I did a quick wiki search, but haven't tried looking further at this juncture.

I'm assuming guilty of conflict of interest and corruption, of course. I think it goes without saying anyone who sits on a bench and dismisses cases like the LIBOR and Monsanto has to be motivated by personal financial interest in some way. Otherwise defies logic and common sense, much less common decency, imo.

[Lodestar]

13. UK fraud agency charges three ex-Barclays bankers over Libor

UK fraud agency charges three ex-Barclays bankers over Libor


Source: Reuters

Britain's fraud agency started criminal proceedings against three former bankers at Britain's Barclays Plc on Monday for the alleged manipulation of Libor interest rates.

The Serious Fraud Office (SFO) said it has charged Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas with conspiracy to defraud between June 2005 and August 2007.

The SFO last year brought charges against three former employees of Swiss bank UBS and UK brokerage RP Martin, the first people to face trial in connection with a global investigation into a rate-rigging scandal that sparked intense criticism of standards across the industry.

Barclays paid $450 million in July 2012 to settle allegations from U.S. and UK regulators that it had manipulated Libor interest rates, prompting the resignations of its chairman and chief executive and a barrage of criticism about standards and culture.

Read more: http://www.reuters.com/article/2014/02/17/us-barclays-libor-charges-idUSBREA1G0NA20140217

[flying rabbit]

12. K$R

[jsr]

14. More evidence that the whole system is rigged

to further enrich the ruling class.

[Lodestar]

15. FYI - Matt Taibbi, the journalist who wrote this article, has left Rolling Stone

and has moved to First Look Media. He'll have his own publication that will follow financial issues. So if you like his style
you will soon find him in a new place:

http://boingboing.net/2014/02/19/matt-taibbi-becomes-latest-bad.html