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Economics, Governance, Justice & NESARA legal issues, Media, Relations

AK: The Many Ways Banks Commit Criminal Fraud AK: The many ways banks commit criminal fraudAK: The Many Ways Banks Commit Criminal Fraud AK: The Many Ways B

The Libor scandal seems to be waking people up to manipulation and fraud by the big banks.

There are many other types of fraud they’ve engaged in as well …
Here is a partial list:
  • Pledging the same mortgage multiple times to different buyers. See thisthisthisthis and this
  • Engaging in mafia-style big-rigging fraud against local governments. See thisthis and this
  • Bribing and bullying ratings agencies to inflate ratings on their risky investments
  • Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See thisthisthis and this
  • Engaging in unlawful “Wash Trades” to manipulate asset prices. See this,this and this
  • Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here,herehereherehereherehere,herehereherehere andhere
  • Participating in various Ponzi schemes. See thisthis and this
But at least the big banks do good things for society, like loaning money to Main Street, right?
Actually:
  • The big banks have slashed lending since they were bailed out by taxpayers … while smaller banks have increased lending. See this,this and this

 

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