Skip to comments.Following a Wave of Banker Suicides, 3 Former Barclays Bankers Now Charged in LIBOR Scandal
Posted on 02/20/2014 11:48:10 AM PST by Renfield
Three former Barclays bank employees have now been charged with conspiracy to defraud in the continuing LIBOR scandal, bringing the total to 13 people charged in America and the U.K. It has been reported that three ex-ICAP brokers are next on the list for helping traders manipulate interest rates.
Three former Barclays bankers have been charged in connection with the manipulation of Libor interest rates, the Serious Fraud Office said.
The SFO alleges the three Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas "conspired to defraud between 1 June 2005 and 31 August 2007".
They will appear at Westminster Magistrates court at a date to be confirmed. (source)
LIBOR is an interbank benchmark used to set the interest rates on trillions in loans all over the world.
The investigation into LIBORs deliberate manipulation began in 2008, and it has come to light that traders at various banks all over the world have benefited financially from turning in false interest rate reports since.....
(Excerpt) Read more at activistpost.com ...
I have to love the british Matter-Of-Factness
America wouldnt dare have a “Serious Fraud Office”
As opposed to the “Minor Fraud Office”?
not surprised by any of this.....
Or the “Alleged Fraud-Maybe” office...
Gene Burnett - Jump You F*#kers (A Song For Wall Street)
Printed in the Wall Street Journal:
“In the District Court lawsuit, Spire Law Group, LLP - on behalf of home owners across the Country and New York taxpayers, as well as under other taxpayer recompense laws - has expanded its mass tort action into federal court in Brooklyn, New York, seeking to halt all foreclosures nationwide pending the return of the $43 trillion ($43,000,000,000.00) by the “Banksters” and their co-conspirators, seeking an audit of the Fed and audits of all the “bailout programs” by an independent receiver such as Neil Barofsky, former Inspector General of the TARP program who has stated that none of the TARP money and other “bailout money” advanced from the Treasury has ever been repaid despite protestations to the contrary by the Defendants as well as similar protestations by President Obama and the Obama Administration both publicly on national television and more privately to the United States Congress.
The national group of plaintiff home owners are expanding the lawsuit to include racketeering, money laundering and intentional violations of the Iranian Nations Sanctions and Embargo Act by the national banks included among the “Bankster” Defendants. “
Some of the alleged conspirators are:
Attorney General Holder, Assistant Attorney General Tony West, the brother in law of Defendant California Attorney General Kamala Harris, Jon Corzine (former New Jersey Governor), Robert Rubin (former Treasury Secretary and Bankster), Timothy Geitner, Treasury Secretary, Vikram Pandit (recently resigned and disgraced Chairman of the Board of Citigroup), Valerie Jarrett (a Senior White House Advisor), Anita Dunn (a former “communications director” for the Obama Administration), Robert Bauer (husband of Anita Dunn and Chief Legal Counsel for the Obama Re-election Campaign), as well as the “Banksters” themselves, and their affiliates and conduits. “
Less than 10 days before the Presidential Election. Just hearing about this in Feb. ‘14.???
People in the press ‘got the message’
I think the US DOTreas was looted. People got away with it, and have their Swiss/Vatican bank accounts.
Now, it’s becoming critical to make sure nothing can touch Hillary and those politicians who are leaving. There is about to be a sea change in the world.
My 2 cents
LIBOR isn’t going away.
I hope your right. These people are outright stealing money from the Treasury and thumbing their noses at everyone else. If Holder is named in the suit as a Conspirator, how can he deny Special counsel for this or any other reason. Something is rotten, more than usual. I think your “Sea Change” idea is sound. Within 30 days the markets will crash. Many more Bankers will be jumping out of windows.
They also have the ministry of funny walks.
I think...I remember having heard of that one!
combat, didya read this one? yikes.
Funny. Even for theft, we use French words.