The Rigging Triangle Exposed: The JPMorgan-British Petroleum-Bank Of England Cartel Full Frontal

The name Dick Usher is familiar to regular readers: he was the head of spot foreign exchange for JPMorgan, and the bank’s alleged chief FX market manipulator, who was promptly fired after it was revealed that JPM was the bank coordinating the biggest FX rigging scheme in history, as initially revealed in “Another JPMorganite Busted For “Bandits’ Club” Market Manipulation.” Subsequent revelations – which would have been impossible without the tremendous reporting of Bloomberg’s Liam Vaughan – showed that JPM was not alone: as recent legal actions confirmed, virtually every single bank was also a keen FX rigging participant. However, the undisputed ringleader was always America’s largest bank, which would make sense: having a virtually unlimited balance sheet, JPM could outlast practically any margin call, and make money while its far smaller peers were closed out of trades… and existence. But while the past year revealed that FX rigging […] Read More

The Price Of Oil Exposes The True State Of The Economy

Submitted by Raul Ilargi Meijer via The Automatice Earth blog, Jack Delano Cafe at truck drivers’ service station on U.S. 1, Washington DC Jun 1940 We should be glad the price of oil has fallen the way it has (losing another 6% today as we write this). Not because it makes the gas in our cars a bit cheaper, that’s nothing compared to the other service the price slump provides. That is, it allows us to see how the economy is really doing, without the multilayered veil of propaganda, spin, fixed data and bailouts and handouts for the banking system. It shows us the huge extent to which consumer spending is falling, how much poorer people have become as stock markets set records. It also shows us how desperate producing nations have become, who have seen a third of their often principal source of revenue fall away in a […] Read More

2013: WE EXPOSED THE PRIVATE DETAILS OF 6 MILLION USERS – FACEBOOK

SAN FRANCISCO (Reuters) – Facebook Inc has inadvertently exposed 6 million users’ phone numbers and email addresses to unauthorized viewers over the past year, the world’s largest social networking company disclosed late Friday. Facebook blamed the data leaks, which began in 2012, on a technical glitch in its massive archive of contact information collected from its 1.1 billion users worldwide. As a result of the glitch, Facebook users who downloaded contact data for their list of friends obtained additional information that they were not supposed to have. Facebook’s security team was alerted to the bug last week and fixed it within 24 hours. But Facebook did not publicly acknowledge the bug until Friday afternoon, when it published an “important message” on its blog explaining the issue. A Facebook spokesman said the delay was due to company procedure stipulating that regulators and affected users be notified before making a public […] Read More

2013: Cyprus is Only The Beginning for Global Banking

Well here we go, what kind of world do we live in? Where banks and corporations(now labeled “piece of crap”) can steal, lie and take advantage of the normal person. Then claim foul, that they don’t have the money/goods that is needed, they made mistakes, we are SORRY:(! Then it decided to save the piece of crap because its too big of a piece of crap, so then they have the government do the same to the same people, and give it back to the piece of crap. WTF? Shares, euro retreat as Cyprus euphoria fades – Reuters http://news.google.com New York Times – Shares, euro retreat as Cyprus euphoria fades Reuters… YORK (Reuters) – Global equity markets and the euro retreated on Monday after a senior euro-zone official said the Cyprus bailout reached earlier could be used to shape other regio …   MF Global And The Cypriot Banking […] Read More

2010: Freedom of speech for the price? Companies and government agencies shut down Web sites

Freedom of speech for the price? Companies and government agencies shut down Web sites s Directory July 23, 2010 ” For the first time in human history, mankind has awakened a political – it’s a whole new reality of -. It is not so for most of human history “- Zbigniew Brzezinski, May 2010 duties of citizenship in the United States began during the colonial period as the active participation of citizens in local politics through frequent public hearings on matters of issue and the broad participation under the influence in a democracy. various factors and forces changing the ratio of the nation’s history. Today, Sun is essentially the legal status of citizen’s right to life and work the people and enjoy certain rights and privileges provided by law. p In modern society, many still practice the spirit of citizen participation via the Internet through blogs, alternative news sites […] Read More