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View Full Version : UK & USA Banks £2bn Fines as Bank Traders Rigged Money Exchanges


arista
12-11-2014, 11:23 AM
http://www.theguardian.com/business/2014/nov/12/foreign-exchange-fines-ubs-hsbc-citibank-jp-morgan-rbs-penalties-market-rigging

http://news.sky.com/story/1371625/banks-fined-2bn-for-rigging-forex-markets


A Example given was a trader exchanged 300 million dollars
and made £90K for himself
due Total Corruption of Illegal Rigging of the market

arista
13-11-2014, 05:42 AM
[Why aren't crooked bankers in prison? As our banks are fined £2bn for fixing currency rates, clamour grows for dozens of traders to face prosecution ]

Read more: http://www.dailymail.co.uk/news/article-2832260/Why-aren-t-crooked-bankers-prison-banks-fined-2bn-fixing-currency-rates-clamour-grows-dozens-traders-face-prosecution.html#ixzz3IvbSDg5s


Yes they are Criminals
but HSBC, RBS etc
let them off.

[RBS, HSBC, JPMorgan Chase, UBS and Citibank fined in UK and U.S.
Barclays bank will also be fined but it is still negotiating its punishment]




This why nothing has changed

Kizzy
13-11-2014, 03:32 PM
There's no room on the front page for all the 'benefit scroungers' :idc:

lostalex
13-11-2014, 11:41 PM
[Why aren't crooked bankers in prison? As our banks are fined £2bn for fixing currency rates, clamour grows for dozens of traders to face prosecution ]

Read more: http://www.dailymail.co.uk/news/article-2832260/Why-aren-t-crooked-bankers-prison-banks-fined-2bn-fixing-currency-rates-clamour-grows-dozens-traders-face-prosecution.html#ixzz3IvbSDg5s


Yes they are Criminals
but HSBC, RBS etc
let them off.

[RBS, HSBC, JPMorgan Chase, UBS and Citibank fined in UK and U.S.
Barclays bank will also be fined but it is still negotiating its punishment]




This why nothing has changed

because banks have thousands of employees, all of them played a part. should we put thousands of people in prison? that's the probe;em with corporate crimes, it is the corporation that commits the crime, not individuals.

Kizzy
14-11-2014, 01:23 AM
C4 has it sussed..
http://www.huffingtonpost.co.uk/2014/11/13/paul-mason-video-banks-channel-4-economics-editor_n_6150374.html

arista
14-11-2014, 05:11 AM
C4 has it sussed..
http://www.huffingtonpost.co.uk/2014/11/13/paul-mason-video-banks-channel-4-economics-editor_n_6150374.html


Yes Paul Mason
was on a special program
as well.