US Message Board - Political Discussion Forum

global bankers= legalized crime

This is a discussion on global bankers= legalized crime within the Stock Market forums, part of the US Discussion category; Dodd Frank is not NEARLY enough to contain these criminals. Its important because the *cough* "financial services" sector makes up a large chunk of our ...


Go Back   US Message Board - Political Discussion Forum > US Discussion > Stock Market

Stock Market Investing in the stock market. Stocks, ETFs, Mutual funds and more.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 07-18-2012, 07:44 PM
Dot Com's Avatar
Nullius in verba
Member #28132
Supporting Member
 
Join Date: Feb 2011
Location: Fairfax, NoVA
Posts: 25,352
Thanks: 19,304
Thanked 6,348 Times in 4,783 Posts
Mentioned: 68 Post(s)
Tagged: 2 Thread(s)
Rep Power: 3395
Dot Com has disabled reputation
global bankers= legalized crime

Dodd Frank is not NEARLY enough to contain these criminals. Its important because the *cough* "financial services" sector makes up a large chunk of our economy (thanks outsourcers Guests cannot see images in the messages. Please register to forum by clicking here to see images. )

first they blew up the world economy, then none of them were sent to prison for knowingly selling junk, LIBOR trillion $ rate-rigging scandal, HSBC cartel money laundering and, London whales, to top it off, they own the u.s. senate.,

Crooked Bankers | On Point with Tom Ashbrook
Quote:
Somali pirates and piracy, pretty quiet this year we’re told. Wish we could say the same about the world of big banks. From the gory headlines week after week, the world of big banking can look like a pirates’ jamboree. LIBOR rate rigging. Mexican money laundering. London whaling.

Ponzi schemes and crooked deals and straight up theft and fraud. It’s too much. It’s appalling. Giant HSBC in the hot seat now for moving billions in drug lord money. Some days it feels like there are Somali pirates in the world’s banking wheelhouse.
The reason nothing may happen is:


JPMorgan traders may have sought to conceal losses - BostonHerald.com


Libor Reported as Rigged in
__________________
Help feed my dragon hatchlings by clicking on them:


......

Last edited by Dot Com; 07-18-2012 at 07:45 PM.
Reply With Quote
The Following 2 Users Say Thank You to Dot Com For This Useful Post:
editec (03-03-2013), waltky (12-11-2012)
  #2 (permalink)  
Old 07-21-2012, 01:04 PM
Dot Com's Avatar
Nullius in verba
Member #28132
Supporting Member
 
Join Date: Feb 2011
Location: Fairfax, NoVA
Posts: 25,352
Thanks: 19,304
Thanked 6,348 Times in 4,783 Posts
Mentioned: 68 Post(s)
Tagged: 2 Thread(s)
Rep Power: 3395
Dot Com has disabled reputation
Guests cannot see images in the messages. Please register to forum by clicking here to see images.
__________________
Help feed my dragon hatchlings by clicking on them:


......
Reply With Quote
The Following 3 Users Say Thank You to Dot Com For This Useful Post:
beagle9 (03-05-2013), Mad Scientist (07-25-2012), waltky (12-11-2012)
  #3 (permalink)  
Old 07-21-2012, 05:59 PM
Supporting Member
Member #27324
Supporting Member
 
Join Date: Dec 2010
Location: Western Va.
Posts: 18,004
Thanks: 4
Thanked 6,412 Times in 4,302 Posts
Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Rep Power: 4627
whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute
whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute
Mark Rich was one of the most notorious corporate pirates at the time and he was on the FBI ten most wanted list. He was pardoned by democrat Bill Clinton because Rich's wife donated a million dollars to Clinton's "library". Democrat Barney Frank told Americans that Fannie Mae was doing fine when it was on the verge of collapse. Democrat Barry Hussein wasn't smart enough to earn a living on his own. Who would you rather have in the white house? A republican or a democrat?
Reply With Quote
The Following 2 Users Say Thank You to whitehall For This Useful Post:
beagle9 (03-05-2013), waltky (12-11-2012)
  #4 (permalink)  
Old 07-21-2012, 06:00 PM
Big Fitz's Avatar
User Quit *****
Member #21726
 
Join Date: Nov 2009
Posts: 16,917
Thanks: 4,337
Thanked 4,320 Times in 3,280 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 1285
Big Fitz could be on the Supreme Court
Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court Big Fitz could be on the Supreme Court
Of course the watchdog, getting his share of the fox's chicken is not to blame at all...

are they?
__________________
Account Closed
03-18-13

Admin, please delete account.
Reply With Quote
The Following User Says Thank You to Big Fitz For This Useful Post:
waltky (12-11-2012)
  #5 (permalink)  
Old 07-23-2012, 01:50 PM
Dot Com's Avatar
Nullius in verba
Member #28132
Supporting Member
 
Join Date: Feb 2011
Location: Fairfax, NoVA
Posts: 25,352
Thanks: 19,304
Thanked 6,348 Times in 4,783 Posts
Mentioned: 68 Post(s)
Tagged: 2 Thread(s)
Rep Power: 3395
Dot Com has disabled reputation
__________________
Help feed my dragon hatchlings by clicking on them:


......
Reply With Quote
The Following User Says Thank You to Dot Com For This Useful Post:
waltky (12-11-2012)
  #6 (permalink)  
Old 07-23-2012, 03:22 PM
iamwhatiseem's Avatar
Registered User
Member #24610
 
Join Date: Aug 2010
Location: Indiana
Posts: 9,457
Thanks: 1,637
Thanked 3,979 Times in 2,480 Posts
Mentioned: 44 Post(s)
Tagged: 0 Thread(s)
Rep Power: 3818
iamwhatiseem has a reputation beyond repute
iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute iamwhatiseem has a reputation beyond repute
Dodd Frank is not NEARLY enough to contain these criminals. .



You mean Dodd Frank are not nearlly enough to corrupt the banks.
Dodd-Frank are apart of of the problem.Guests cannot see images in the messages. Please register to forum by clicking here to see images.

Last edited by iamwhatiseem; 07-23-2012 at 03:24 PM.
Reply With Quote
The Following 2 Users Say Thank You to iamwhatiseem For This Useful Post:
beagle9 (03-05-2013), waltky (12-11-2012)
  #7 (permalink)  
Old 07-23-2012, 04:04 PM
Dot Com's Avatar
Nullius in verba
Member #28132
Supporting Member
 
Join Date: Feb 2011
Location: Fairfax, NoVA
Posts: 25,352
Thanks: 19,304
Thanked 6,348 Times in 4,783 Posts
Mentioned: 68 Post(s)
Tagged: 2 Thread(s)
Rep Power: 3395
Dot Com has disabled reputation
This happened in large part because we outsourced a goodly portion of our manufacturing base and became a nation w/ an economy based on "services" such as retail & banking. All they do is serve as middle men or paper pushers.
__________________
Help feed my dragon hatchlings by clicking on them:


......
Reply With Quote
The Following 2 Users Say Thank You to Dot Com For This Useful Post:
beagle9 (03-05-2013), waltky (12-11-2012)
  #8 (permalink)  
Old 07-25-2012, 09:01 AM
Dot Com's Avatar
Nullius in verba
Member #28132
Supporting Member
 
Join Date: Feb 2011
Location: Fairfax, NoVA
Posts: 25,352
Thanks: 19,304
Thanked 6,348 Times in 4,783 Posts
Mentioned: 68 Post(s)
Tagged: 2 Thread(s)
Rep Power: 3395
Dot Com has disabled reputation
Wall Street Legend Sandy Weill: Break Up the Big Banks - Yahoo! Finance
Quote:
He essentially called for the return of the Glass-Steagall Act, which imposed banking reforms that split banks from other financial institutions such as insurance companies.
"I'm suggesting that they be broken up so that the taxpayer will never be at risk, the depositors won't be at risk, the leverage of the banks will be something reasonable, and the investment banks can do trading, they're not subject to a Volker rule (the Volcker rule explained), they can make some mistakes, but they'll have everything that clears with each other every single night so they can be market-to-market," Weill said.
__________________
Help feed my dragon hatchlings by clicking on them:


......
Reply With Quote
The Following User Says Thank You to Dot Com For This Useful Post:
waltky (12-11-2012)
  #9 (permalink)  
Old 07-25-2012, 09:13 AM
Supporting Member
Member #27324
Supporting Member
 
Join Date: Dec 2010
Location: Western Va.
Posts: 18,004
Thanks: 4
Thanked 6,412 Times in 4,302 Posts
Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Rep Power: 4627
whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute
whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute
Lefties have to know that all this "out-sourcing" stuff is political smoke and mirror B.S. The left used the term "global economy" for years to keep the US from being independent of foreign oil and now the hypocrite SOB's turn on a dime and whine about a guy who legally did what the federal government has been doing for decades. When do you hear the left calling for former democrat governor Jon Corzine's head for losing a billion dollars of customer assets? When do you hear the left talking about Clinton pardoning the most notorious corporate criminal who was on the FBI 10 most wanted list in exchange for a couple of bucks donated to his "library"? Maybe there is a faction of ignorant radical left wingers who actually believe that capitalism is evil or maybe the entire left is nothing but a bunch of hypocrites.
Reply With Quote
The Following User Says Thank You to whitehall For This Useful Post:
waltky (12-11-2012)
  #10 (permalink)  
Old 07-27-2012, 07:18 PM
Dot Com's Avatar
Nullius in verba
Member #28132
Supporting Member
 
Join Date: Feb 2011
Location: Fairfax, NoVA
Posts: 25,352
Thanks: 19,304
Thanked 6,348 Times in 4,783 Posts
Mentioned: 68 Post(s)
Tagged: 2 Thread(s)
Rep Power: 3395
Dot Com has disabled reputation
the bankers et al own BOTH sides of the aisle smart guy.
__________________
Help feed my dragon hatchlings by clicking on them:


......
Reply With Quote
The Following User Says Thank You to Dot Com For This Useful Post:
waltky (12-11-2012)
  #11 (permalink)  
Old 12-11-2012, 12:51 AM
waltky's Avatar
Supporting Member
Member #27951
Supporting Member
 
Join Date: Feb 2011
Location: Okolona, KY
Posts: 11,584
Thanks: 13,006
Thanked 1,420 Times in 1,170 Posts
Mentioned: 10 Post(s)
Tagged: 1 Thread(s)
Rep Power: 1471
waltky could be on the Supreme Court waltky could be on the Supreme Court
waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court waltky could be on the Supreme Court
Thumbs up

Granny says, "Dat's right - dey payin' out the butt fer it now...
Guests cannot see images in the messages. Please register to forum by clicking here to see images.
HSBC to pay $1.9bn in US money laundering settlement
11 December 2012 - HSBC has admitted its money laundering controls have been too lax
Quote:
HSBC has confirmed it is to pay US authorities $1.9bn (1.2bn) in a settlement over money laundering, the largest paid in such a case. The UK-based bank was alleged to have helped launder money belonging to drug cartels and nations under US sanctions. Earlier this year HSBC admitted having poor money laundering controls following a US Senate investigation. Last month it announced it had set aside $1.5bn to cover the costs of any settlement or fines. "We accept responsibility for our past mistakes," said HSBC group chief executive Stuart Gulliver. "We have said we are profoundly sorry for them, and we do so again."

The bank said it had spent $290m on improving its systems to prevent money laundering and clawed back some bonuses paid to senior executives in the past. The news followed the announcement of a similar but much smaller settlement with UK-based Standard Chartered bank, which will pay $300m in fines for violating US sanctions. The cases are seen as part of a crackdown on money laundering and sanctions violations being led by federal government agencies and New York state authorities. Money laundering is the process of disguising the proceeds of crime so that the money cannot be linked to the wrongdoing.


Senate criticism

The settlement had been widely expected following a report by the US Senate, published earlier this year, that was heavily critical of HSBC's money laundering controls. The report suggested HSBC accounts in Mexico and the US were being used by drug barons to launder money. It cited examples including the transfer of $7bn between HSBC's Mexican and US subsidiaries between 2007 and 2008, made despite Mexico's reputation as a centre for drug smuggling. It also said HSBC regularly circumvented restrictions on dealings with Iran, North Korea, and other states subject to US sanctions. HSBC admitted its money laundering controls were not strong enough following the Senate report.

On Tuesday, the London-based multinational announced it had appointed a former US official to work as its head of financial crime compliance - a new position. Bob Werner was previously the head of the US Treasury's Office of Foreign Assets Control (OFAC) - the agency responsible for enforcing the US sanctions on countries including Iran. He will be responsible for beefing up HSBC's anti-money laundering and sanctions compliance systems. It is unclear what impact the case will have on HSBC's business. The bank is the biggest in Europe by market capitalisation, and made pre-tax profits of $12.7bn for the first six months of 2012.

BBC News - HSBC to pay $1.9bn in US money laundering settlement
__________________
Logic is the beginning of wisdom - Vulcan proverb
Reply With Quote
  #12 (permalink)  
Old 01-01-2013, 11:32 AM
Registered User
Member #25375
 
Join Date: Oct 2010
Posts: 121
Thanks: 0
Thanked 26 Times in 20 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Rep Power: 19
impalero could own USMB impalero could own USMB impalero could own USMB impalero could own USMB impalero could own USMB impalero could own USMB
Lefties have to know that all this "out-sourcing" stuff is political smoke and mirror B.S. The left used the term "global economy" for years to keep the US from being independent of foreign oil and now the hypocrite SOB's turn on a dime and whine about a guy who legally did what the federal government has been doing for decades. When do you hear the left calling for former democrat governor Jon Corzine's head for losing a billion dollars of customer assets? When do you hear the left talking about Clinton pardoning the most notorious corporate criminal who was on the FBI 10 most wanted list in exchange for a couple of bucks donated to his "library"? Maybe there is a faction of ignorant radical left wingers who actually believe that capitalism is evil or maybe the entire left is nothing but a bunch of hypocrites.
Do the criminal scum on Wall Street lean left or right?
Do they donate to the left or right?
Do they believe in Free Markets or cozying up to their Wall Street buddies in DC?
Do the bankers control our government or do the people of this country?

Watch The Full Program Online | The Warning | FRONTLINE | PBS

In 1994, Brooksley Born saw the dangers in derivatives and wanted to regulate them, the banksters told her and Summers who is boss.

"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"


What would happen if 13 common citizens went to Summers office and demanded him stop something? Security would be called and they would be thrown out, unless your a filthy ****roach wall street bankster thug.

Last edited by impalero; 01-01-2013 at 11:33 AM.
Reply With Quote
  #13 (permalink)  
Old 03-03-2013, 05:48 AM
Mr. Forgot-it-All
Member #11278
 
Join Date: Jun 2008
Location: Maine
Posts: 41,414
Thanks: 15,398
Thanked 9,551 Times in 6,762 Posts
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Rep Power: 3432
editec has a reputation beyond repute
editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute editec has a reputation beyond repute
Yup.

Our banking system is based on a criminal system granting Banks control over the economy.

Our entire monetary system IS ORGANIZED LEGALIZED CRIME that makes debt slaves of most of us personally and our nation collectively.

No economic solution that doesn't start out with publica hangings of some of the Bankster CEOs will work.

Banking has become a PARASITIC system sucking the life out of our society.
Reply With Quote
  #14 (permalink)  
Old 03-03-2013, 06:08 AM
Not a REAL Jew
Member #11944
Supporting Member
 
Join Date: Sep 2008
Location: 15 Miles North of Gettysburg
Posts: 18,774
Thanks: 6,653
Thanked 7,232 Times in 4,527 Posts
Mentioned: 10 Post(s)
Tagged: 2 Thread(s)
Rep Power: 5120
Mad Scientist has disabled reputation
Do not criticize Banks, they helped Bankroll the Glorious Russian Revolution.

They are also laundering billions in drug money from the sale of Afghanistan Heroin that your Soldiers are protecting even as we speak.

The Trillions being played on the Stock Market (Gift of Federal Reserve) is the only reason your Capitalist Pig Dog Economy even has a pulse.

Do not criticize Banks, they are the true basis of all power in the World today.

Bow down to the Governments they control.
Reply With Quote
The Following User Says Thank You to Mad Scientist For This Useful Post:
Grandma (03-04-2013)
  #15 (permalink)  
Old 03-03-2013, 05:31 PM
Supporting Member
Member #27324
Supporting Member
 
Join Date: Dec 2010
Location: Western Va.
Posts: 18,004
Thanks: 4
Thanked 6,412 Times in 4,302 Posts
Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Rep Power: 4627
whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute
whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute whitehall has a reputation beyond repute
If it's "legalized" it's not a crime. The pot heads will tell you that. Closer to home I'd submit that the chairperson of the Congressional Banking committee was guilty of a crime when he told Americans that Fannie Mae was solvent when it was on the verge of collapse.
Reply With Quote
Reply


Lower Navigation
Go Back   US Message Board - Political Discussion Forum > US Discussion > Stock Market
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -6. The time now is 12:43 AM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.