So! The global ponzi pyramid continues to melt down. (BTW: I contemplate the melodramatic soap opera names of these financial operatives, e.g. in 2008, (Marcus) Goldman; and now (Jaime) Dimon, sounds like (Bob) Diamond . . .)
Reader Max sent me an article about interest manipulation at Barclay’s Bank that implicated other firms:
Heads should roll at other banks, too. Regulators and criminal prosecutors, including the U.S. Justice Department, are investigating at least a dozen other firms to determine whether they colluded to rig the rate. Among them: Citigroup Inc., Deutsche Bank AG, HSBC Holdings Plc and UBS AG….
• From There’s Something Rotten in Banking
Ommigod! Just checked businessinsider.com and came across this! Top headline, along with a stamp of the Queen.
• Barclays nukes the Bank of England, accuses it of being behind their interest rate manipulation
Remember the idea that there are three global centers of power: Economic: City of London; Religious: Vatican City; Military: Washington, D.C.? Well, they’re all three getting hammered, no? We all know about the perfidy infecting the bowels of the Vatican In D.C. it’s still lights out, literally, not to mention A.C., in extreme heat, after that weird (HAARP-inspired? If so, whose HAARP?) “storm” that just happened to coincide with those weird Colorado fires.
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Today’s Max Keiser’s report on RT talks about just how J.P. Morgan (and other banks) manipulate books, trades, timing, etc., to keep the greed going.
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Joseph Steiglitz has been calling for jailing banksters for years. Here he’s at it again:
• Joseph Stiglitz: Man who ran World Bank calls for bankers to face the music
And finally, here’s an article that points out how even mentioning that (predatory, shock doctrine) capitalism may not be the only alternative to “socialism” is taboo.
• Capitalism is taboo in America
P.S. I was going to post an Ellen Brown piece here too, but decided to save it until tomorrow. She’s always so wonderfully constructive and instructive, running in such a cool, clear, pure stream, compared to the muddied, polluted, sludgy waters of today’s central banking culture.
Hey, Ann and all y’all,
Found this up top on Google News today: http://money.cnn.com/2012/07/03/news/economy/bank-living-wills/index.htm
Basically, the “too-big-to-fail” have released their documents detailing how governments can dismantle them.
Funny that these documents are called “Living Wills.”
Thank you for your work!
Joy