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1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM

 
Anonymous Coward
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
FACTOID: a stack of 1.4 QUADRILLION one dollar bills would be over 100 MILLION miles high, reaching BEYOND the sun which is at 93 million miles.

peace
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
WOW.... Bernake is from Goldman Sacks.... YES!



[link to en.wikipedia.org (secure)]

Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair advantage. It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities.[1] It can involve "wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties".[2] In legal terms, all acts affected by collusion are considered void



[link to www.bangkokpost.com] The European Commission said on Monday it suspected that 13 top investment banks including Barclays, Deutsche Bank and Goldman Sachs, colluded over derivatives trading in breach of EU antitrust rules.




A preliminary investigation showed that banks colluded to exclude exchanges from the over-the-counter market because they feared involvement by the exchanges "would have reduced their revenues from acting as intermediaries," the Commission said.

The banks instead allegedly continued over-the-counter trading in the massive credit default swaps (CDS) market between 2006 and 2009 -- an opaque business that was seen as contributing to the global financial crisis, the Commission said in a statement.

The EU's Competition Commissioner Joaquin Almunia said the banks would now have the chance to respond to the accusations, and that if the charges were confirmed once the investigation was completed they could face fines.

"If it is confirmed that banks collectively blocked exchanges from the derivatives market, the Commission could decide to impose sanctions," Almunia said at a press briefing.

"Exchange trading of credit derivatives improves market transparency and stability," he said, adding that collusion between the banks to prevent this type of trading would be "a serious breach of our competition rules".
 Quoting: Uncle Fuck Stick
Doom Serenity

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
Nothing will 'appen! lol
 Quoting: Anonymous Coward 40051105


You people that say nothing will happen need to realize that shit does happen every day. In ever increasing numbers and severity.

If nothing really ever happens then this site would not exist, and we would not have the joke we call history.

Last Edited by Doom Serenity on 07/01/2013 06:23 PM
Anonymous Coward
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
I think is gonna be one of those epic weeks
 Quoting: Uncle Fuck Stick


I hope you're right! Been waiting here, patiently..

bump
 Quoting: Anonymous Coward 33598366


Nothing this significant happens in a week or month
 Quoting: Silverback



Well, I actually disagree.
'This' has been in the making for a while now, and we are at the finish line now, where it does happen over-night, say, 15mins?

Thanks to the digital, electronic banking system created by the monsters themselves, and the Feds illegal money printing, of which the Fed charges us, which further adds to the mammoth out-of-control deficit that is now beyond bursting in seams, and out-of-touch-of-reality ever climbing Dow jones based on 'fractional banking' bullshit!

There's only so far you can stretch a rubberband before it snaps, suddenly, at the opposite direction...

bump
Max Chaos
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
Quick! Someone increase racial tension before the bank holiday!
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair advantage. It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities.[1] It can involve "wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties".[2] In legal terms, all acts affected by collusion are considered void



Ummm... Gas stations around here have been doing this for YEARS
Uncle Fuck Stick  (OP)

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM

WOW.... Bernake is from Goldman Sacks.... YES!



 Quoting:


priceless video
:4hlick:
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
This could be related news.

Supposedly, last Friday Snowden was granted immunity from prosecution by Chief Justice Roberts.

Due to the info Snowden has "delivered" regarding the NSA, it has been able to be determined that an NSA-run banking cartel and the Federal Reserve used criminal bank technology to hide and disguise and misuse Wanta-Reagan-Mitterrand Protocol funds using electronic digital cross-referencing to create account numbers.

A U.S. Military Grand Jury has been convened and sealed indictments have been issued. This mechanism avoids the need to involve U.S. Attornry General Holder or NSA chief and, thus, justice might actually be served.

Before Its N_ws

Heneghan States Snowden Granted Immunity – Treasonous NSA Now Cornered – 6-30-13
 Quoting: Anonymous Coward 42501238


If this is right.. Its awesome!! needs to be done like yesterday..
SICSEMPERTYRANIS
Si Vis Pacem, Para Bellum
Vi veri universum vivus vici
"There is nothing more deceptive than an obvious fact".
Arthur Conan Doyle
"Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth".
Arthur Conan Doyle
MOLON LABE [link to www.usavsus.info]
LT Prepper

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
I think is gonna be one of those epic weeks
 Quoting: Uncle Fuck Stick


bump bump bump
4thhorseman

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Thanks for this one Uncle!!clappa
SICSEMPERTYRANIS
Si Vis Pacem, Para Bellum
Vi veri universum vivus vici
"There is nothing more deceptive than an obvious fact".
Arthur Conan Doyle
"Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth".
Arthur Conan Doyle
MOLON LABE [link to www.usavsus.info]
Anonymous Coward
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
This could be related news.

Supposedly, last Friday Snowden was granted immunity from prosecution by Chief Justice Roberts.

Due to the info Snowden has "delivered" regarding the NSA, it has been able to be determined that an NSA-run banking cartel and the Federal Reserve used criminal bank technology to hide and disguise and misuse Wanta-Reagan-Mitterrand Protocol funds using electronic digital cross-referencing to create account numbers.

A U.S. Military Grand Jury has been convened and sealed indictments have been issued. This mechanism avoids the need to involve U.S. Attornry General Holder or NSA chief and, thus, justice might actually be served.

Before Its N_ws

Heneghan States Snowden Granted Immunity – Treasonous NSA Now Cornered – 6-30-13
 Quoting: Anonymous Coward 42501238


If this is right.. Its awesome!! needs to be done like yesterday..
 Quoting: 4thhorseman



For you to decide, is it?

[link to www.tomheneghanbriefings.com]
Uncle Fuck Stick  (OP)

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
This could be related news.

Supposedly, last Friday Snowden was granted immunity from prosecution by Chief Justice Roberts.

Due to the info Snowden has "delivered" regarding the NSA, it has been able to be determined that an NSA-run banking cartel and the Federal Reserve used criminal bank technology to hide and disguise and misuse Wanta-Reagan-Mitterrand Protocol funds using electronic digital cross-referencing to create account numbers.

A U.S. Military Grand Jury has been convened and sealed indictments have been issued. This mechanism avoids the need to involve U.S. Attornry General Holder or NSA chief and, thus, justice might actually be served.

Before Its N_ws

Heneghan States Snowden Granted Immunity – Treasonous NSA Now Cornered – 6-30-13
 Quoting: Anonymous Coward 42501238


If this is right.. Its awesome!! needs to be done like yesterday..
 Quoting: 4thhorseman



For you to decide, is it?

[link to www.tomheneghanbriefings.com]
 Quoting: Anonymous Coward 33598366

yo whats with that al gore shit in that link...is their some fucked up plot to void out the bullshit going back to the year 2000 and make the king of carbon taxes king of america....what the fuck is that link dude...schitzo psyop city
:4hlick:
Reinvigorated Being

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
Quadrllion<Gazilion<Bazzillion
 Quoting: Anonymous Coward 41281166


I'm pretty sure that holyshitillion comes next.
I'm a proud Texan & American, posting from Central Texas & have no clue why my flag shows friggin Canada(no offense to my Canadian friends).

"Men will never be free until the last king is strangled with the entrails of the last priest."

Diderot

"Immigration without assimilation is invasion!" - Anonymous Coward

Gird your lions, shave your Family & panic sex the 'maters!

"When your so-called religion is purely a political theory of conquest, and deception is one of it's core principles then it strikes me as perfectly sane and reasonable to assume literally everyone who is of such a "religion" to be exactly the same POS who deserves to be treated as the enemy non-stop." Darkwolf007
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
Remember last time something big like this was revealed...2 trillion missing from the Pentagon announced on September 10, 2001.

Doesn't bode well for the Fourth of July.
 Quoting: Anonymous Coward 41697448


Heh i was just going to say that.
Looks like the assholes are ready for their next move.
drevil
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
Remember last time something big like this was revealed...2 trillion missing from the Pentagon announced on September 10, 2001.

Doesn't bode well for the Fourth of July.
 Quoting: Anonymous Coward 41697448


Heh i was just going to say that.
Looks like the assholes are ready for their next move.
drevil
 Quoting: Anonymous Coward 41532551

Thread: GLOBAL Derivatives Market has LOST a STAGGERING 300 TRILLION
:4hlick:
TeChNoXiC®

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
So, that is...

$1,500,000,000,000,000

That's just fucking ridiculous. I mean, how is this world even functioning anymore.

Wow...
I'm not a doctor; I don't have patience.
Anonymous Coward
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
So, that is...

$1,500,000,000,000,000

That's just fucking ridiculous. I mean, how is this world even functioning anymore.

Wow...
 Quoting: TeChNoXiC®


Fucking ridiculous, that's right. And that is why it hasnt been functioning, except as a global gambling casino for sociopathic bankers and governments.
'Game-over' fractional banking, 'bye-bye' central banks.

Time for reboot

wink
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corkey

It's gonna pop...

Nick@
Pure Life; Get it on...
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
this is only going to be news in the financial pages and websites because the figure is too large to be comprehended by joe public.
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
So, that is...

$1,500,000,000,000,000

That's just fucking ridiculous. I mean, how is this world even functioning anymore.

Wow...
 Quoting: TeChNoXiC®


because every central bank just keeps printing more currency

this could happen in Monopoly too if we could keep making more paper money. the real world isn't much different. and by using interest-bearing debt it means the cycle will grow exponentially(interest is greater on $1Tn than $1Bn)
Uncle Fuck Stick  (OP)

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
this is only going to be news in the financial pages and websites because the figure is too large to be comprehended by joe public.
 Quoting: Anonymous Coward 42666328


ITS ONLY GOING TO BE JUSTIFICATION BY THE MEDIA,CORRUPT POLITICIANS, AND BANKING INSTITUTIONS WHO WILL HYPE THE SHIT OUT OF IT TO use the hegalian dialectic strategy TO USHER IN A WORLD CURRENCY...dont let them....go local...fuck the banks...fuck the policticans....fuck their stupid issues.......DONT BELIEVE THE HYPE....and we can survive...but it will never fucking happen
:4hlick:
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
bankster: hey, we have zillions of zero interest dollar denominated monopoly money from the fed, virtually a limitless supply, lets gamble like f**k until this friggin ridiculous free money bubble bursts.

rest of world to banksters: we dont want your silly monopoly money any more.
Anonymous Coward
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 Quoting: Uncle Fuck Stick


I think this is when WWIII is supposed to start.

What's a few quadrillion here or there when things are blowing up everywhere?
Uncle Fuck Stick  (OP)

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
bankster: hey, we have zillions of zero interest dollar denominated monopoly money from the fed, virtually a limitless supply, lets gamble like f**k until this friggin ridiculous free money bubble bursts.

rest of world to banksters: we dont want your silly monopoly money any more.
 Quoting: Anonymous Coward 42666328


just like we dont want thier baby murdering ,woman raping, family killing wars....and the one they got planned now is GLOBAL MIND FUCK Xs 10...nuclear ,biological, chemical..then starvation, disease...ALL TO BRING IN THEIR FUCKEN GLOBAL GUBMENT RULED BY THEIR FAGGY GLOBAL SERPENT LEADER....bunch of queers
:4hlick:
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
So, that is...

$1,500,000,000,000,000

That's just fucking ridiculous. I mean, how is this world even functioning anymore.

Wow...
 Quoting: TeChNoXiC®


The fact that it is still functioning kind of proves it's all one big illusion. The money is fake and the debt is fake. Average people working their asses off is real.
MHz

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
I think is gonna be one of those epic weeks
 Quoting: Uncle Fuck Stick

That should help their tax-free bonus grow some. Other than that fuck all will happen because if anything was to come of it it would have happened 100 years (or more) ago.
Fuck the EU
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Fuck the EU

Cant you see the "social democrat" legs on these trumped up charges?

The EU has tougher antitrust laws than the US, true.

But that is not because the EU gives two fucks about the common man.

Its to fund the massive bureaucracy.

You lament at the injustice that is American "welfare"?!

BWAHAHAHAAAAAAAA!!!!!!!!!!!!!!!!!!!!!!
Anonymous Coward
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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
bankster: hey, we have zillions of zero interest dollar denominated monopoly money from the fed, virtually a limitless supply, lets gamble like f**k until this friggin ridiculous free money bubble bursts.

rest of world to banksters: we dont want your silly monopoly money any more.
 Quoting: Anonymous Coward 42666328


just like we dont want thier baby murdering ,woman raping, family killing wars....and the one they got planned now is GLOBAL MIND FUCK Xs 10...nuclear ,biological, chemical..then starvation, disease...ALL TO BRING IN THEIR FUCKEN GLOBAL GUBMENT RULED BY THEIR FAGGY GLOBAL SERPENT LEADER....bunch of queers
 Quoting: Uncle Fuck Stick


Eloquently stated truth.
Doom Serenity

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Re: 1.5 QUADRLLION DOLLAR SHITSTORM......EU accuses 13 banks of DERIVATIVES COLLUSION...CITI,GOLDMAN SACHS,BARCLAYS,HSBC,JP MORGAN RBS...ALL OF EM
So, that is...

$1,500,000,000,000,000

That's just fucking ridiculous. I mean, how is this world even functioning anymore.

Wow...
 Quoting: TeChNoXiC®


Fucking ridiculous, that's right. And that is why it hasnt been functioning, except as a global gambling casino for sociopathic bankers and governments.
'Game-over' fractional banking, 'bye-bye' central banks.

Time for reboot

wink
 Quoting: Anonymous Coward 33598366


We better make sure that this reboot does not include putting them on the top again. It will be so boring if we repeat the same society again. They need to do something else, this is just pointless now.





GLP