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Message Subject THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Poster Handle RoXY
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Big Banks Use the Shadow Banking System to Commit Massive Accounting Fraud
By Washington's Blog
November 25, 2012

The Big Banks are Amateurs When It Comes to Manipulating Interest Rates
Staggering Levels of Fraud For Years On End

The shadow banking system is bigger now than when the financial crisis started.

Not only does that e destabilize the economic system, but it allows for pervasive fraud.

As Max Keiser explains, massive fraud has continuously taken place over many years as banks shift their liabilities into the shadow banking system during audit time with the help of accounting firms andthe government and then bring them back onto the books as soon as the auditor leaves:

CONTINUE: [link to www.globalresearch.ca]

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