21 Jul 2012
Where Money Goes To Die and "Stupidity Arbitrage" - Max Keiser with Wolf Richter + Crime of the century - with Gerald Celente
UK Police cleared after blatant killing of passer by at G20 protest
Big Brother ATF Boss Threatens Whistleblowers + U.S. government admits surveillance breached 4th Amendment ‘on at least one occasion’
On July 9, 2012, ATF Acting Director Todd Jones told potential
whistleblowers they will face "consequences" if they don't "respect the
chain of command" and ask permission to release information damaging to
the agency.
Scandal At The IMF: Senior Economist Resigns, Says "Ashamed To Have Had Any Association With Fund At All"
Submitted by Tyler Durden: The rats everywhere are now jumping furiously
off the titanic, but few had taken the time to write a letter explaining
in detail just how cracked and broken the hull really was. This has now
changed, with the departure of Peter Doyle, formerly a division chief
in the IMF’s European Department responsible for non-crisis countries
and currently an adviser to the Fund. Not content with quietly slinking
off the scandal ridden organization which has become the butt of all
jokes in the international community, where humor about Lagarde's Louis
Vuitton panhandling bag is as pervasive as punchlines about just how
incompetent the organization is at actually doing its duty, Doyle has
penned the following scathing letter which tears down every myth about
the IMF: from its impartiality, to the selection process of its head, to
its effectiveness. The letter also contains the following gem: "After twenty years of service, I am ashamed to have had any association with the Fund at all."
Pretty much says it all. This is a scandal in the making, and one which
may shake to the core the credibility of the IMF in the context of
international organization.Secret UK family courts are corrupt with unqualified experts stealing children + In the best interests of the child "But it's a lie"
By AimeeCNicholls: This is my message to my half sister
Kitty who I'm no longer able to see. After my mum and dad split up I was
no longer able to see my dad properly because the courts would not
support him or I. Later, when he had another child, my half sister
Kitty, and his second wife left him, both the mums worked together to
make sure my dad could not see me or Kitty. I want the world to know
what's going on because politicians keep pretending this doesn't happen.
It happens too much and no one really cares for us kids and what we
want or need.
CONFIRMED AT LAST: The attempted cover-up of how JP Morgan torpedoed Lehman Brothers - The Slog
The Slog: As an early
propagator of the allegation that JP Morgan Chase deliberately hastened
the Lehman collapse, the Slog finds itself vindicated three years on by a
successful regulator action against JPM, and contemporary
documentation.
“And then when you have the suckers by the balls, you squeeze just like this”
Around the time of the Lehman disaster, a senior insider at the firm
relayed to me what seemed an astonishing allegation: that in the weeks
prior to the eventual collapse, JP Morgan deliberately withheld huge
monies owed to Lehman in order to make the bankruptcy a certainty from
which they could benefit. I relayed this story to another contact the
following year, and he not only corroborated the charge, he also said he
was sure Barclays had done the same. The now disgraced Barclays CEO Bob
Diamond took over Lehman in a fire sale only weeks later (using
taxpayers’ money as a bridging loan to do it) and rapidly built up a
commanding position for the division he then headed up, Barcap – the
investment arm of the bank.
Now, more than three years later, regulators have penalised JPMorgan
for actions tied to Lehman’s demise. The bank settled the Lehman matter
and agreed to pay a fine of approximately $20 million. The action took
place because of Morgan’s ‘questionable treatment of [Lehman] customer
money’: regulators accused JPMorgan of withholding Lehman customer funds
for nearly two weeks. So it had been true after all.
Jamie Dimon’s Morgan Chase dodged and dived on this one for three
years in an attempt to smooth over the tracks.
London Trader - The LBMA Gold Price Fixing Scheme Is Over - KWN
Central Bank Gold-Buying Increases by 500%
By Nadeem_Walayat: The
City of London is Imploding as a consequence of ever escalating
shockwave's mostly emanating from across the Atlantic as the United
States goes into overdrive in attempts to wipe-out competition from
London in terms of profiting from global financial market transactions.
First we saw the US dig out and focus on 4 year old LIBOR
manipulation stories centred around the cesspit that goes by the name of
Barclays Bank that looks set to devastate all of UK's biggest banks,
with the UK tax payer ultimately footing the bailout bill. I have
covered this story at length that illustrate that everyone knew about
LIBOR manipulation but now pretend that they only found out relatively
recently - more here - RBS Chaos and Barclays Libor Cesspit Prompts Slow Motion Run on British Banks
And this week we have seen more convenient revelations out of the US
dating back to 2007 that HSBC, Britain's biggest bank that forces
ordinary citizens to jump through hoops to transfer small amounts of
currency abroad has been engaged in systematic money laundering for the
Mexican drug cartels to the tune $7 billion with potentially far worse
across the world as HSBC affiliates apparently did business with rogue
nations and terror organisations.
The truth is that BOTH stories could equally apply to major U.S.
Banks but U.S. politicians are choosing not to investigate / hold them
to account.