Godlike Productions - Conspiracy Forum
Users Online Now: 1,408 (Who's On?)Visitors Today: 626,216
Pageviews Today: 777,937Threads Today: 95Posts Today: 1,985
05:56 AM

Rate this Thread

Absolute BS Crap Reasonable Nice Amazing

Wall Street Rigging Currency Exchange Rates Too

The West Coast Truth

User ID: 40778212
06/15/2013 10:48 AM

Report Abusive Post
Report Copyright Violation
Wall Street Rigging Currency Exchange Rates Too
In case you forgot your bankster overlords – free of fear thanks to Obama, Holder, and the NSA - are continuing to rig markets, here is yet another scandal. Wall Street has gone beyond rigging LIBOR, Swaps, and the Oil market to include the currency market.

Traders at some of the world’s biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the practice.

Employees have been front-running client orders and rigging WM/Reuters rates by pushing through trades before and during the 60-second windows when the benchmarks are set, said the current and former traders, who requested anonymity because the practice is controversial. Dealers colluded with counterparts to boost chances of moving the rates, said two of the people, who worked in the industry for a total of more than 20 years.

Con't @ [link to ozhouse.org]

Shows on the horizon: The Physics of Quantum Mechanics, The Birds of British Columbia, The Return of Greg Palast, The Wonderful World of Insects, The Vancouver Stand-up Comedy Special, The Physics of Football, The Mythology of Fairies and Gnomes, The Science of Fungi & Mushrooms, The Secret History of Torture and The Physics of Universal Foam [link to www.therussellscottshow.com]