Skip to comments.The Many Ways Banks Commit Criminal Fraud (Excellent reference alert)
Posted on 07/04/2012 6:13:18 AM PDT by Zakeet
The Libor scandal seems to be waking people up to manipulation and fraud by the big banks.
There are any other types of fraud they've engaged in as well ...
Here is a partial list:
But at least the big banks do good things for society, like loaning money to Main Street, right?
You can thank people like these for what you read in the above article ... and you should keep them in mind when the financial system collapses in the near future.
There are some sick people on this site that think bankers are as honest as Mother Teresa and that ALL of the problems in the banking sector are due to government.
Now I’ll agree that government is certainly a big factor, but to call bankers honest??? PLEASE.
Impossible! Everyone knows that it’s all the fault of deadbeats who want free houses!!!!
How much do you want to bet NO ONE goes to jail? I’ve caught flak before and have been call a communist and worse for saying this, but the corner three card Monte dealer is more honest than most of the Too Big to Fail banks and investment houses. And face it the Monte dealer who scams a few hundred is a thousand times more likely to go to jail that the banksters that are stealing millions.
Corzine continues to bundle money for Obama.He’s about due for a Ron Brown type of accident-he knows too much.
If there’s one thing that infuriates me more about conservatives and Republicans than their idiotic worship of bankers, I don’t know what it is.
The even more brutal truth, tho, is that most Republicans and conservatives don’t know their ass from a hot rock how the financial markets today actually work, much less how they’re rigged by the investment banks. They continue to believe in bromides like “free market economics” when, in fact, as long as we have central banks, there are no free markets.
...the clerks who unquestioningly Empower(tm) their theiving collective/corporate masters with the technology required to fleece the McSheeple?
And face it the Monte dealer who scams a few hundred is a thousand times more likely to go to jail that the banksters that are stealing millions.
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Kind of reminiscent of the day when the pols (all) continued voting themselves raises based on “If you don’t pay us a decent wage, just think what you may get stuck with”
Well, they are getting a decent wage and we can see what we got stuck with.
As long as we collectively have the attitude “ALL pols are crooks, except mine, he is a decent guy” nothing will change and the same deadwood will keep getting recyclyed.
WE have proven that the only answer is term limits but the Pols have the final say and you can see where we stand there.
But, but, didn’t George Bush Senior prosecute a Thousand S&L crooks, while Obama has prosecuted Zero for much bigger, and even some Admitted, crimes? How can this be? You mean justice is partial and the FBI is partisan, depending on who is President? Who woulda thunk?
Hey, no fair throwing facts and comprehensive research at us on a holiday ;’)
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