Showing posts with label LIBOR Rate. Show all posts
Showing posts with label LIBOR Rate. Show all posts

Tuesday, July 3, 2012

The City of London Banking Cabal Implodes



Things are moving so fast in the UK now I don't think even I can keep up with it. I found this interesting web site at The Guardian that is updating the news in realtime so rather than re-write all this coming out, I'm just going to direct you to this amazing URL directly:

Barclays blames 'senior Whitehall figures' for Libor scandal
as Bob Diamond resigns - live feed




2008 email implicates Bank of England and Labour government in Libor manipulation
• Barclays briefs media on CEO's departure - 3.25pm onwards
• COO Jerry Del Missier also resigns - full details
Sir Mervyn King implicated.....
Will Diamond now 'declare war' on Bank of England?
Boris Johnson still values Diamond
Barclays statement here

Note: The Bank of England is Rothschild . It is, like the Federal Reserve (co-owned by blood-line families along with the Rothschilds) , anything but Government owned, despite its official sounding name.  All central banks are Rothschild owned but 2 (I believe Russia and China).  The BIS is also a Rothschild enterprise.




Wednesday, February 29, 2012

USA Conducting Criminal Probe of LIBOR Rate Setting by Banks


The LIBOR rate underpins loans to consumers, companies derivatives,  interest-rate swaps, floating- and fixed-rate interest payments. 
(Reuters) - The Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of mortgages and bonds to interest rate swaps, a person familiar with the matter said.