You Are Here: Home » News » Banking Cartel (Page 2)

Bank of America being investigated by the SEC for a form of re-hypothication on their customsers

The MF Global bankruptcy from a few years ago revealed the little known truth about Wall Street today, which is that brokers can and do use customer funds and accounts for their own profit to the detriment of their clients.  And while a futures trading firm is a little bit different than a standard broker like Bank of America, the SEC does not take putting customer accounts at risk lightly and investigating ...

Read more

Greek government now facing municipal rebellion over new bank decree

When the Greek government chose two weeks ago to institute a decree calling for all non-working cash to be transferred immediately to the central bank, local municipalities protested and prepared for a confrontation.  That rebellion has now come about as on April 27, the Central Union of Municipalities and Communities of Greece ("KEDE") announced they were unilaterally rejecting the legislature's decree and ...

Read more

Is the IMF trying to beat China in the creation of a new reserve currency?

Earlier this year, China announced that they will have their new SWIFT system fully functional by either September or October and can then fully float the Yuan currency worldwide.  Many are believing that once SWIFT is up for the world's largest economy then it will be the end of the dollar as the global reserve currency. However, a new report out from Stansberry Research is alleging that the IMF is not pla ...

Read more

U.S. financial police nab scapegoat trader to protect continued manipulation by HFT systems

In the middle of 2014, the world finally got a look at how brokers and hedge funds manipulate the stock markets through High Frequency Trading (HFT) computers that see every trade before it happens, and can submit billions of trades before the regular investor's request is filled.  The outlay of this fraud was described in the fictional novel by Michael Lewis titled, Flash Boys, and led to a full blown prop ...

Read more

J.P. Morgan Chase accelerates war on cash by disallowing customers to keep money in safety deposit boxes

Excerpted from article over at To the Death Media: First it was a policy of reporting anyone who deposits or withdrawals more than $10,000 in cash.  Then a chief economist from Citigroup calls for the abolishment of cash entirely.  And now on April 21, J.P. Morgan Chase is unlawfully enacting a new policy where customers cannot store cash in their safety deposit boxes, nor will the bank allow customers to u ...

Read more

Deutsche Bank gets off with $2.5 billion fine and no jail time for largest criminal fraud in history

Excerpted from article over at To the Death Media: On April 22, the Department of Justice announced that Deutsche Bank had agreed to pay $2.5 billion for their role in the Libor fraud scandal.  The manipulation of Libor rates is the largest criminal fraud in the history of finance, and had affected interest rates for billions of loans and credit transactions over the past 10 year period. And as is par for t ...

Read more

New Greek capital controls shows why Karatbars is the solution to banks

As the Greek financial situation continues to deteriorate, their legislature on April 20 issued a new decree that forces all banks in the EU country to deposit all non-used cash into the central bank to both strengthen the primary lender of last resort, and to provide a means for Greece to leverage additional capital to issue more debt. Greece issued a legislative act on Monday requiring public sector entit ...

Read more

If it wasn’t for America’s vassal state Japan, only the Fed would be buying U.S. debt

When China and Russia stopped buying U.S. debt and began dumping it through the offshore exchange known as Euroclear, the Fed needed someone else to step in to mitigate a complete monetization of their money printing activity.  So Washington called upon their only remaining vassal state capable of sucking new Treasury sales and conned Japan into replacing their pension funds with T-Bills. Japan now official ...

Read more

Citigroup’s Chief Economist blames cash, not central banks, for world’s monetary problems

It doesn't really take that much to be an economist these days.  From the illustrious former Federal Reserve Chairman Ben Bernanke, to the Nobel Prize winning economist Paul Krugman, living the dream of being a celebrity while at the same time destroying economies and monetary stability is par for the course in an era when those who get it right are considered crackpots, and those who feed the needs of the ...

Read more

Repercussions of negative interest rates leave European banks paying homeowners

In the normal instance of a loan or mortgage, a person will borrow money from a bank at a certain agreed rate of interest over the course of an agreed amount of time.  However, in this new Keynsian world of negative interest rates, the tables are completely turned and we are now seeing European banks paying homeowners instead of receiving interest from them, for a mortgage held on property. Welcome to Bizar ...

Read more

U.S. tries newest ploy against AIIB… to discredit it

After being unable to stop long standing allies from joining the Chinese run Asian Infrastructure Investment Bank (AIIB) last month, the U.S. is now trying another one of their typical tactics to try and tear down an entity that would take power from their monetary hegemony.  That tactic is to discredit the new AIIB, or at the very least, attempt to make it into an extension of the World Bank and IMF which ...

Read more

No One Can Understand What Has Happened To The World Without Reading This, The History of the House of Rothschild (1743-2006)

The House of Rothschild The Rothschilds have been in control of the world for a very long time, their tentacles reaching into many aspects of our daily lives, as is documented in the following timeline. However, before you jump to the timeline, please read this invaluable introduction which will tell you who the Rothschilds are as oppose to who they claim to be. The Rothschilds claim that they are Jewish, w ...

Read more

© 2012 Secrets of the Fed