This page has been archived and commenting is disabled.

Bernanke Responds To RBS' Libor Manipulation Charges

Tyler Durden's picture


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 02/06/2013 - 11:23 | 3219986 55 men
55 men's picture

AND he is good at it!

Wed, 02/06/2013 - 11:24 | 3219992 Dr. Richard Head
Dr. Richard Head's picture

until he isn't.  Soon I hope.

Wed, 02/06/2013 - 11:27 | 3220009 Boris Alatovkrap
Boris Alatovkrap's picture

Boris is to ready with torches and forks!

Wed, 02/06/2013 - 11:28 | 3220014 Wakanda
Wakanda's picture


Wed, 02/06/2013 - 11:30 | 3220023 Urban Roman
Urban Roman's picture

weenie roast

Wed, 02/06/2013 - 11:33 | 3220035 Boris Alatovkrap
Boris Alatovkrap's picture

No, careless tweeter congressman is not to invite.

Wed, 02/06/2013 - 13:30 | 3220447 redpill
redpill's picture

In USSA, market manipulates YOU!

Wed, 02/06/2013 - 14:04 | 3220566 Boris Alatovkrap
Boris Alatovkrap's picture

Ah, now you are learn Soviet Speak! In Russia, citizen does not watch television, television watch citizen.

Wed, 02/06/2013 - 14:19 | 3220623 AGuy
AGuy's picture

In Russia, citizen does not watch television, television watch citizen.

Please! thats nothing, In Amerika, Drones watch citizens and then launch missiles at them! In Amerika, citizens do not read e-mail, Gov't does it for them!

Wed, 02/06/2013 - 14:29 | 3220666 Boris Alatovkrap
Boris Alatovkrap's picture

In Russia television watch citizen, so Boris is walk in apartment naked (except for ushanka).

Wed, 02/06/2013 - 12:55 | 3220325 lincolnsteffens
lincolnsteffens's picture

"Long Pig"

Wed, 02/06/2013 - 11:32 | 3220029 Boris Alatovkrap
Boris Alatovkrap's picture

Kosher BBQ

Wed, 02/06/2013 - 11:36 | 3220047 BlueStreet
BlueStreet's picture

Everyday feels like the Twilight Zone but today has brought it to a whole new level.  This is fucking unbelievable. There literally is no hope for the world.   

Wed, 02/06/2013 - 11:40 | 3220064 Boris Alatovkrap
Boris Alatovkrap's picture

Friend, cheer yourself, is not so bad... Well, is actual very bad, but is can get much worse. Welcome to Soviet State of Amerika!

Wed, 02/06/2013 - 11:35 | 3220037 EscapeKey
EscapeKey's picture

Well, in the grand scheme of things, you will be alone.

When this goes down (and it will), it will be blamed on "speculators", "hoarders", "financial terrorists" (ie anyone who doesn't buy into the official script), etc etc, and as this message will be repeated continuously on TV, even by otherwise pointless wastes of space such as the Kardashian family, 99% of people out there will believe the talking heads.

Better to keep a low profile.

Wed, 02/06/2013 - 11:37 | 3220051 Dr. Engali
Dr. Engali's picture

They will pit us against each other while they get away with murder and the stupid bleating sheep will fall for it.

Wed, 02/06/2013 - 12:01 | 3220122 geewhiz
geewhiz's picture

just keep your head down and try not to look like grass

Wed, 02/06/2013 - 21:18 | 3221908 mkhs
mkhs's picture

No, go full retard.   Nobody will mess with a mad dog foaming at the mouth. 

Wed, 02/06/2013 - 14:22 | 3220637 AGuy
AGuy's picture

"They will pit us against each other while they get away with murder and the stupid bleating sheep will fall for it."

Sadly, that already began years ago.

Wed, 02/06/2013 - 11:25 | 3219987 IridiumRebel
IridiumRebel's picture




choose wisely

Wed, 02/06/2013 - 11:30 | 3220019 Coldsun
Coldsun's picture




I Bernank'd your options... (made worthless)

Wed, 02/06/2013 - 12:25 | 3220221 IridiumRebel
IridiumRebel's picture

well played

I have been assimilated

Wed, 02/06/2013 - 12:27 | 3220227 Pure Evil
Pure Evil's picture

The problem with people like you is that you don't allow multiple choice. What a bunch of tyrants.

Wed, 02/06/2013 - 11:24 | 3219988 camaro68ss
camaro68ss's picture

Bending over the american people and A** raping them with no lube is your preference you a** hat!   

Wed, 02/06/2013 - 11:28 | 3220015 Boris Alatovkrap
Boris Alatovkrap's picture

Ben is change last name is to "Dover".

Wed, 02/06/2013 - 11:31 | 3220027 THX 1178
THX 1178's picture

is funny

Wed, 02/06/2013 - 11:35 | 3220043 Boris Alatovkrap
Boris Alatovkrap's picture

Anal probe and penetration from bankster is not funny matter.

Wed, 02/06/2013 - 11:49 | 3220092 dick cheneys ghost
dick cheneys ghost's picture

Boris, are you related to Yuri Kutshisnuttsoff?

Wed, 02/06/2013 - 11:59 | 3220111 Boris Alatovkrap
Boris Alatovkrap's picture

No, but is once visit Doctor Turnyurhedankov for prostrate exam.

Wed, 02/06/2013 - 12:10 | 3220154 TruthInSunshine
TruthInSunshine's picture

Doctor Turnyurhedankov is brilliant man educated at Stalingrad Farm Animal Hospital for his pioneering direct intraveneous potato vodka drip for general anethesia during tough times.

Wed, 02/06/2013 - 12:32 | 3220243 Boris Alatovkrap
Boris Alatovkrap's picture

You are mistake. Advance in Intravenous Vodka Drip is discover of Ivan Tudrinkalot. But true, is discovery in Stalingrad.

Wed, 02/06/2013 - 13:09 | 3220371 Wakanda
Wakanda's picture

Ivan is hero.

Wed, 02/06/2013 - 13:20 | 3220414 THX 1178
THX 1178's picture

Is strong as ten tractors. Twice as smart.

Wed, 02/06/2013 - 14:07 | 3220578 Boris Alatovkrap
Boris Alatovkrap's picture

Spasibo! You are Boris very friend! Two THX is smart as is Boris!

Wed, 02/06/2013 - 12:01 | 3220113 CaptainSpaulding
CaptainSpaulding's picture

That one is as old as Mike Hunt

Wed, 02/06/2013 - 12:02 | 3220124 ToNYC
ToNYC's picture

Mike Hunt was a real clearing guy. I called him all the time. Mikey liked it.

Wed, 02/06/2013 - 11:23 | 3219989 ParkAveFlasher
ParkAveFlasher's picture


No wait, I'm full of rage.

Wed, 02/06/2013 - 11:25 | 3219995 philipat
philipat's picture

At least we still have a monoply on Precious Metals Manipulation. In assocaition with GS and JPM.

Wed, 02/06/2013 - 11:37 | 3220052 Boris Alatovkrap
Boris Alatovkrap's picture

No manipulation, PM is price fraud by REhypothecation.

Wed, 02/06/2013 - 11:56 | 3220107 eclectic syncretist
eclectic syncretist's picture

Ben Bernanke responds to criticism he has manipulated stocks.

Wed, 02/06/2013 - 12:06 | 3220140 ToNYC
ToNYC's picture

don't forget silver bells at hongkongshanghaiBC

Wed, 02/06/2013 - 11:25 | 3219999 Cognitive Dissonance
Cognitive Dissonance's picture

"Oops, was that my out loud voice?" - Bernanke

Wed, 02/06/2013 - 11:38 | 3220059 disabledvet
disabledvet's picture

Did I just say that? Is a line I often repeat (inside my head) as I'm sure almost all who have followed me can attest to. Obviously the simple question of "manipulate in what direction?" comes up since it is the empirical reality that such manipulation is impossible if the economy is in recession (save for the "un-poppable bubble called Treasuries). The question that needs to be asked...and "what happens if prices start to fall again?" cuz answering that means "you have to do your homework" vis a vis the equity market. This Panglossian "market manipulation" tells all who listen that "you don't know squat about stocks or stock markets."

Wed, 02/06/2013 - 11:27 | 3220012 slyhill
slyhill's picture

"I am the Market!"

Wed, 02/06/2013 - 11:27 | 3220013 Wakanda
Wakanda's picture

Manipulate this Ben.  (pan down to crotch grab)

Wed, 02/06/2013 - 11:29 | 3220021 camaro68ss
camaro68ss's picture

dont do that infront of benny, he likes it.

Wed, 02/06/2013 - 11:33 | 3220032 Wakanda
Wakanda's picture

Maybe he'll print me some FRNs?

Wed, 02/06/2013 - 11:28 | 3220018 unrulian
unrulian's picture

a bird in the hand is worth a trillion in the bush

Wed, 02/06/2013 - 13:45 | 3220509 SmallerGovNow2
SmallerGovNow2's picture

Depends on who's bush (sorry, couldn't help myself)...

Wed, 02/06/2013 - 13:59 | 3220547 hooligan2009
hooligan2009's picture

a (gold) bar in the hand is worth more than a trillion (zim) in the bush.


Wed, 02/06/2013 - 11:30 | 3220024 Dr. Engali
Dr. Engali's picture

But I thought markets can't be manipulated. At least that is what the gold haters tell us. Surely  if they can manipulate markets like libor  then they can manipulate the gold market....contrary to what my fiat loving friends suggest.

Wed, 02/06/2013 - 11:35 | 3220040 Dr. Richard Head
Dr. Richard Head's picture

THAT'S CONSPIRACY!!!!!!  Conspiracy fact, for that matter, but a conspiracy nonetheless.

Wed, 02/06/2013 - 11:43 | 3220072 Cognitive Dissonance
Cognitive Dissonance's picture

"This is not the manipulation you're looking for. Move along." - Bernanke MSM stooge

Wed, 02/06/2013 - 11:45 | 3220080 Temporalist
Temporalist's picture

"It's a dry heat." - Satan

Wed, 02/06/2013 - 12:38 | 3220265 geewhiz
geewhiz's picture

The sheeple are still very much in the majority and they still believe fiat usd is the main money, and belief is what makes money money. If fractional reserve money is called in bigtime and the money supply shrinks the price of all assets will go south along with the economy. There can be deflation of the dollar and gold prices go down vis a vis the dollar and people with cash can buy assets on the cheap. Gold will still have value but maybe not as much as hoped for. I'm saying that any card can play by the manipulators don't get too sure about things. They will do what they think is in thier best interest and do it suddenly when least expected, they might even be able to catch the gold guys, Volcker did and it lasted 20 years.

Wed, 02/06/2013 - 11:42 | 3220058 Temporalist
Temporalist's picture

I don't know what news I find most amusing today; that they claim Bernanke "predicted" the Libor scandal in 2007 ( ) or that this article on Chris Christie The Tongue-Lashings of Chris Christie isn't about ice cream, lollipops and cookie dough.

Wed, 02/06/2013 - 11:42 | 3220070 Sudden Debt
Sudden Debt's picture

Face meets door real soon...

Wed, 02/06/2013 - 11:53 | 3220101 JR
JR's picture

The Praetorian Guard had Caligula “Little Boots” killed on January 24, A.D. 41 for cruelty possibly based on insanity (born August 31, A.D. 12, died A.D. 41, and ruled as emperor of Rome A.D. 37-41).

As he was the first of the men who would serve as full-fledged emperors, with unlimited power, and as Little Boots BenFiat is the first of men to serve as full-fledged Fed-emperor of the world, is there any parallel here? Is there any hope here of at least removal?  

Though Tiberius did not name Caligula as sole successor, Tiberius made prescient remarks:

“I am nursing a viper in Rome's bosom," he once said. "I am educating a Phaethon who will mishandle the fiery sun-chariot and scorch the whole world."

Interesting that Little Boots “BenFiat” (so christened by TruthInSunshine) was educated as a viper in America’s bosom by banker operative Stanley Fischer at MIT.

Wed, 02/06/2013 - 11:55 | 3220104 Everybodys All ...
Everybodys All American's picture

Is destroying the dollar part of the plan as well as manipulating the markets? Because if is and I think it is then it's an impeachable offense and possibly treason.

Wed, 02/06/2013 - 11:59 | 3220114 The Proletariat
The Proletariat's picture

But Congress...........we are doing this for you and the people.  We are folllowing our mandate and thus, "we are abandoning the free market ideals, in order to SAVE the free market."  Haven't you noticed the cost's of ipads are down....which is proof that we know what we are doing.  And...all that other rise in costs for basic neccessities of living are only transitorial higher...however, they are within our mandated target of 2% inflation, per year, (I think, did I just say that outloud)   You understand?



Wed, 02/06/2013 - 12:00 | 3220118 stinkhammer
stinkhammer's picture

i wish for every paper fiat dollar ben has printed to be rammed down his throat    

Wed, 02/06/2013 - 12:05 | 3220133 Inthemix96
Inthemix96's picture

Cut this dwarfs fucking balls and cock off,

And staple them to his fucking head with a pick axe, a fucking dull, blunted one.

Bernank you dwarf fucking prick, just to let you know, you have been "Chosen" to spend a hell in eternity with satans three pronger stuck up your arse and your balls pickaxed to your head.  You poisened like cunt.

Wed, 02/06/2013 - 12:06 | 3220143 Son of Loki
Son of Loki's picture

Sodomization at its finest.

Wed, 02/06/2013 - 12:07 | 3220147 thismarketisrigged
thismarketisrigged's picture

its truly amazing.


yesterday europe is up big for no reason, so of course our markets follow.


today europe is down big on poor earnings, and yet our markets go the opposite way in the green.


its such a fucking joke. fuck u bernanke and obama, fucking bastards

Wed, 02/06/2013 - 12:35 | 3220252 syntaxterror
syntaxterror's picture

Poor earnings = "Get to work Mr. Chairman!"

Great earnings = Buy moar stawks!


A can't-lose bet, no doubt.

Wed, 02/06/2013 - 12:33 | 3220247 syntaxterror
syntaxterror's picture

I'm still waiting for this bullshit master to concoct a policy that will manipulate markets such that gold is sold and exchanged for his worthless fiat credits. Get to work Mr. Dickshit!

Wed, 02/06/2013 - 12:38 | 3220264 yogibear
yogibear's picture

Benny Bernanke would feel right at home wearing an orange jumpsuit and being the Bubba. Srewing whatever he can.

Wed, 02/06/2013 - 12:48 | 3220297 Hedgetard55
Hedgetard55's picture

Bernanke is no better than a common thief, but a thief who has literally stolen trillions from the middle class to give to his bankster buddies. There will probably be no justice for him in this life, but he will burn forever in the next.

Wed, 02/06/2013 - 13:08 | 3220365 helping_friendl...
helping_friendly_book's picture

I thought this might be appropriate to repost. I saved this from ZH months ago. This is not my work.


I consider myself a seeker of truth. It isn’t easy finding it in todays’ world. In an alternate version of the famous scene from A Few Good Men, I picture myself telling Turbo Tax Timmy Geithner that I want the truth and his angry truthful response:

Son, we live in a world that has Wall Street banks, and those banks have to be guarded by puppet politicians in Washington D.C. with lobbyist written laws and Madison Avenue PR maggots with media propaganda. Who’s gonna do it? You? You, Representative Paul? I have a greater responsibility than you could possibly fathom. You weep for the average middle class American family, and you curse the ruling oligarchs. You have that luxury. You have the luxury of not knowing what I know. That the death of the American middle class, while tragic, probably saved the bonuses of thousands of Wall Street bankers. And my existence, while grotesque and incomprehensible to you, increases the wealth of these same bankers who destroyed the worldwide economic system in 2008. You don’t want the truth because deep down in places you don’t talk about in the food bank line, you want me on Wall Street, you need me on Wall Street. We use words like derivative, fiscal stimulus, quantitative easing. We use these words as the backbone of a life spent syphoning off the wealth of the nation. You use them as a punch line. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very debt that I provide, and then questions the manner in which I provide it. I would rather you just said thank you, and went on your way, Otherwise, I suggest you pick up 1000 shares of Apple, and hope our high frequency trading supercomputers can ramp the market for a while longer. Either way, I don’t give a damn what you think you are entitled to.”


Wed, 02/06/2013 - 13:44 | 3220494 MFLTucson
MFLTucson's picture

Can add lying to his résumé because that is his where his real strength is!

Wed, 02/06/2013 - 13:53 | 3220535 1C3-N1N3
1C3-N1N3's picture

RBS Group sucks. In 2007 I worked a temp job there and a few of the bigwigs would occasionally stop into our building and deliver a talk. I watched them once and remember thinking at the time, "These weenies can't possibly run a bank." Then 2008 happened.

Wed, 02/06/2013 - 14:21 | 3220628 resurger
resurger's picture


Wed, 02/06/2013 - 17:32 | 3221351 hooligan2009
hooligan2009's picture

enquiring minds want to know who gets the fines being levied by the SEC, CFTC and whoever?

if the fines represent the value of the odious profit gained by the rogue banks, why then do the people who incurred the cost not get a refund?

are the fines taken from the staff of the bank who perpetrated the fraud, or from theshareholders of the banks or, god forbid, do they go straight back to the Fed who lends the money to pay for the fines in any case?

Do NOT follow this link or you will be banned from the site!