“Bernanke, Geithner response to Libor scandal rings hollow”
BUSINESS NEWS of the NewsDaily reported
By Pedro Nicolaci da CostaPosted 2012/07/27 at 8:29 pm EDT
WASHINGTON, July 27, 2012 (Reuters)
“— Ben Bernanke heads the most powerful central bank in the world. Yet the Federal Reserve chairman says he was largely powerless to stop what some are calling the biggest financial fraud in history: the systematic manipulation of a key global interest rate.
It’s a line of argument that has fallen flat with some lawmakers and investors, who want to know why Bernanke and other key U.S. regulators did not do more to end a potentially criminal rigging of interest rates affecting trillions of dollars in financial contracts.”
House Financial Services Chairman Spencer Bachus (R-Ala.) detailed reports of (the then in 2007-08 Pres. of NY federal reserve bank) Timothy Geithner and the U.S. Commodity Futures Trading Commission (CFTC) knew of the LIBOR scam which means that their actions (or inaction) protected the banking criminals as opposed to prosecuting criminals.
THE COMMODITY FUTURES TRADING COMMISSION – WITHIN THE DEPARTMENT OF JUSTICE
On June 27, 2012, the CFTC, filed a surprise legal order against Barclays Bank – in a move that has shocked the world.
A wealth of emails were presented, giving irrefutable evidence that Barclays was manipulating their own credit score – to generate almost unthinkably vast profits.
Here is the link where you can download the legal order yourself — and a photograph of the top page of this historic document.
(Thanks to David Wilcock for providing the link to the pdf file)
David also shares a science paper (in PDF file format) that proves “the world is being controlled by a vastly interconnected cabal.”
Calling out the financial criminals and the financial terrorists, by Max Keiser:
Western Bankers Intensifies Global Recession
Crime of The Century!