“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)
http://www.newsdaily.com/stories/bre86r00q-us-usa-fed-libor/
“— 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.
http://www.cftc.gov/LawRegulation/index.htm
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)
http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfbarclaysorder062712.pdf
David also shares a science paper (in PDF file format) that proves “the world is being controlled by a vastly interconnected cabal.”
Read David Wilcock’s blog at:
http://divinecosmos.com/start-here/davids-blog/1066-great-revealing
PS:
Calling out the financial criminals and the financial terrorists, by Max Keiser:
Western Bankers Intensifies Global Recession
Crime of The Century!
Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz
Ronmamita's Blog 
New York Times openly admits mainstream media stories are scripted by the White House
Friday, July 27, 2012 by: J. D. Heyes
“(NaturalNews) Millions of Americans have long suspected that the so-called “mainstream media” is big-time controlled, whether selectively or institutionally. A recent New York Times story not only substantiates that belief, it proves just how controlled the messages are that are coming from those who mean to rule over us. What’s more, the story demonstrates that most major media sources are complicit in the packaging of information the public is “allowed” to hear.
The revelations may not necessarily be groundbreaking news to many Americans who already suspected they weren’t getting unfiltered and unbiased reporting, though the extent of control over the information reaching the public from the major campaigns may surprise many.
But the revelations should certainly be disturbing to voters who are trying to make choices based on altered or incomplete information.
Of course, that’s the point. Full disclosure would mean giving a rival something to campaign for (or against), so it’s understandable for a candidate to want to carefully control his or her message.
Where it becomes shameful is when the media willingly goes along.
Sorry – You can’t print that
Consider the re-election campaign of President Obama. According to the Times, quotes from the candidates often come back to them from the campaign headquarters in Chicago “redacted, stripped of colorful metaphors, colloquial language and anything even mildly provocative.” They are emailed to reporters who have been allowed, essentially, to interview campaign officials, but only under the caveat that “the press office has veto power over what statements can be quoted and attributed by name.”
In a different age, perhaps, such a restrictive requirement might have drawn the ire of a respectable journalist. But no more; today, most “grudgingly” agree to such preconditions. Those who do not agree, it appears, are not given the opportunity to interview.
Once the interview is complete, the scrubbing process begins. The reporters check their interview notes and review tape recorders for the juiciest of sound bites. At that point, the quotes they select are submitted to the campaign for approval.
“The verdict from the campaign – an operation that prides itself on staying consistently on script – is often no, Barack Obama does not approve this message,” said the paper, whose own reporters, presumably, must subject themselves to the same treatment.
So much for the Old Gray Lady’s long-time mantra: All the news that’s fit to print.
Control from both sides of the aisle”
Learn more: http://www.naturalnews.com/036609_mainstream_media_White_House_influence.html#ixzz21w9fmkjN
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$2 Billion plus Iranian banking fraud nets 4 sentenced to death…
JULY 30, 2012 “TEHRAN, Iran (AP) — An Iranian court has sentenced four people to death and given two more life sentences on charges linked to a $2.6 billion bank fraud described as the biggest financial scam in the country’s history, an official said Monday.
The trial, which began in February, involved some of the country’s largest financial institutions and raised uncomfortable questions about corruption at senior levels in Iran’s tightly controlled economy.
But few specific details have been released…”
http://www.thetowntalk.com/usatoday/article/56594862?odyssey=mod|newswell|text|FRONTPAGE|s
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INVESTORS: Get Out of the RIGGED Wall Street CASINO
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“why haven’t there been convictions of senior level executives on Wall Street for crimes related to the financial crisis in the several years since? The director and producer of the Oscar-winning documentary “Inside Job” and author of the new book “Predator Nation,” Charles Ferguson discusses this”
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Put Criminal BANKERS BEHIND BARS – YOUR ACTION REQUIRED – SIGN THE PETITION AND MAKE VIDEO VIRAL – LIBOR AND MORE
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INSTITUTIONAL CRIME (Corporate-Governments)
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[…] “Lier Loans” Ponzi Scheme (Fractional Reserve Banking) Currency manipulator Bail-outs LIBOR PPI fraud Market Rigging Bail-ins FOREX MONEY Cartel (Central […]
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[…] https://ronmamita.wordpress.com/2012/07/28/libor-financial-scam-is-snowballing-downhill/ […]
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[…] https://ronmamita.wordpress.com/2012/12/29/2012-economic-review/ https://ronmamita.wordpress.com/2012/07/28/libor-financial-scam-is-snowballing-downhill/ […]
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