Big Banks Get Caught, Fined $6B

According to Reuters, “Five of the world’s largest banks . . . were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday. A fifth bank will plead guilty to rigging benchmark interest rates, the U.S. Justice Department said.”

This newspaper has been warning of the insidious influence of banksters since its founding, helping to educate readers of the danger of the dominant global monetary system.

After all, a $6 billion fine is simply “the cost of doing business.”

Read more on our present “debt-money” system.



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One Response to Big Banks Get Caught, Fined $6B

  1. Chaim says:
    Reuters admitted the financial fraud committed by Citigroup Inc (C.N), JPMorgan Chase & Co. (JPM.N), Barclays Plc (BARC.L), UBS AG (UBSG.VX)(UBS.N) and Royal Bank of Scotland Plc (RBS.L) … is a $5 trillion-a-day market.

    Thus, a $6 billion fine is nothing more than a VERY light slap on the wrist.

    “Bankers: Jesus called them moneychangers and whipped Their ASS.”—Norman S. Davis

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