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Public Confused Why World's Biggest Banks Admitting Criminal Fraud, Leads To Public Yawns
It was about two years ago when we summarized all the known and confirmed rigged markets.
- Libor - interest rates (link)
- ISDAfix - swaps (link)
- Platts - oil prices (link)
- WM/Reuters - FX (link)
- High-Frequency Trading - equities (link)
Since then things have gone from bad to worse for believers in fair and efficient markets, with not only countless more banks now admitting they rigged Libor and FX, not to mention gold (yes gold too was manipulated as impossible as it sounds) and even the CFTC finally figured out just how spoofers manipulate the price of both stock indices and gold, but that biggest master manipulator of all, the world's central banks, unleashed a record liquidity blitz into world markets with 2015 set to be the year in which CBs are set to monetize all net issuance.
It all culminated with yesterday's settlement in which five of the world's biggest banks, including JPM, Citi and Barclays, agreed to plead guilty in a currency-rigging probe.
And, to Bloomberg's dismay, the public yawned.
Bloomberg's amazement continues:
Barely more than a year ago, criminal charges against major U.S. banks were considered unthinkable, with lawyers and analysts viewing felony convictions as a death sentence and a threat to the financial system. Now, by granting waivers allowing lenders to keep operating even after a felony plea, the government has managed to punish firms while protecting them from fatal consequences.
Others, including those who work in the industry, are just as amazed:
“This is the first time you had Citigroup, JPMorgan or any U.S. bank plead guilty essentially to criminal conduct -- this is a bad day for American finance,” Mike Mayo, an analyst at CLSA Ltd., said in a televised interview with Bloomberg. “Having said that, this is more backward-looking than forward-looking.”
The market, however, was delighted with the stocks of Barclays, UBS and RBS rising.
“It’s a bit weird, isn’t it?” Christopher Wheeler, a London-based analyst at Atlantic Equities LLP, said in a telephone interview. “$5.8 billion and yet everybody is shrugging their shoulders.”
And while it is now official that stocks are rewarded for crimes, why is it that even the public no longer cares?
For all the muted response to Wednesday’s news, Donaldson Capital Management LLC’s Greg Donaldson expressed concern that criminal charges may now become routine. “Once you cross that line and admit you’ve done something bad, you open up Pandora’s box,” said Donaldson, chairman of the Evansville, Indiana-based firm that manages about $1.1 billion. “This settlement just moved the goal post.”
If convictions become too commonplace, the government may have to pursue even tougher penalties.
Which is the punchline: the government will not pursue anything that truly hurts banks. Ever again.
Because in an age of deferred prosecutions and "probations" for criminal conduct even for recidivist banks such as UBS, what the public has realized is that in his desperate scramble to appear tough on banks and to prosecute them "criminally", the president has come to a back room arrangement with the banks in which they agree to pay slightly greater fines under an umbrella of criminal conduct, which thanks to SEC waivers to conduct "business as usual", achieves absolutely nothing.
Oops, did we say the banks pay fines? We meant their shareholders.
As for how serious the "criminal" charges are, we are delighted to summarize just how many bankers are being arrested, handcuffed and carted to prison.
0.
And with that we hope to have explained why not even the public is dumb enough any more to fall for the whole "criminal punishment for the banks" bullshit.
Because by now everyone knows who really calls the shots in the US government.
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Banksters rule, bitchez!
When is the next episode of Dancing with the Stars on?
Dancing with the stars is so yesterday, when is the next episode of the voice
River Monsters
'It is easier to fool people than to convince them they have been fooled' Mark Twain.
'You can turn this crap off. Change the channel and pass me another beer...the game's about to start.' Joe Public.
I do need a double dosis of chem trail and an extra cup of fluoridated water today.
Banking Theft = Government Profit.... The fines will go to whom again? Oh that's right NOT YOU BROKE JOKES!
Best will be when the banks have nothing left but to HFT each other........raise your hand if you think liquidity will be an issue later.
It's 'anti-semitic' to prosecute a 'TOO JOO 2 FAIL" bank.
The best way to protect your slaves, I mean wokers, is to make it against the law to condemn them in any way...
Then when you FINALLY realize who truly runs the world, everything begins to make sense.... L @ N ~ D @ N
this is just the efficient allocation of capital, isnt it?
you have a bank that runs the govt, will always make heaps more $ in the criminal enterprise than it will ever be fined, and will never be stopped from rigging markets. Thus capital will flow towards it like sewerage to the ganges.
what we need, however, is a more efficient allocation of pitchforks
The programming is working.
We're not hungry enough yet, and it's tolerable. That was a really important word for me to learn.
It has been statistically demonstrated that once people spend more than 40% of their disposable income on feeding themselves...social unrest ensues.
Imagine once the EBT's don't work and no amount of clown bucks buys a McShit burger with fries and a coke?
Most of the public already is aware that the Banksters are criminals. Having it be confirmed is old news to most.
Most of the public already is aware that the Banksters are criminals. Having it be confirmed is old news to most.
+1. We already know this. We are already past the point of no return, the Rubicon was crossed a long time ago. Too busy prepping for our own survival to react to old news. "The banksters are criminals. Film at eleven." Ho hum.
payne and swrichmond +2. this article claims the public is not concerned and yet there is comment after comment from nothing but the crooks thru out the reading. the only ones who are amazed are the financial wizards from the banks, hedge funds and financial whores in the media. "FUCK WE GOT AWAY WITH IT"!!!!!!!! that is what the article says......bloomberg......god help us.
The idiocracy will allow themselves to be abused in every way possible by the New Bolsheviks who hate america almost as much as they hate the US constitution.
The zio media will continue to cheerlead for them until the former America is a more distant memory than it already is.
It's like when your team is down by 4 touchdowns, you are pretty much playing for pride though the game is over.
how can the Public be confused by its own apathy? maybe we think it is someone else yawning. no, it is us. no more watergate or 60 minutes shame. the broad path has been widened and beautifully paved. it's been lined with flowers and trees, but if you can see far enough you will notice it leads to smoke and fire. listen close enough and you will hear the Public down that way screaming in indignation about how they're not to blame.
Too stupid to live much longer
The penalty must outweight the reward....or it will continue. This is the simpliest definition of punishment.
Unless one of those guys pictured ends up in a 'Fuck-me-in-the-ass prison' cell, its just another day at the salt mines.
Reap, sow...
Soon bitchez. :)
I'm out here reporting from 'in the public' and I can assure you it's nothin but 'tards.
Relax,scrote - lots of 'tards lead kick ass lives. My wife's a 'tard, and she's a pilot.
fascinating, nut sack...that people obviously capable of making intelligent decisions apparently also make bad ones, and on important matters too.
HOLY FUCKING SHIT!!!! A PILOT??? That's definitely as "KICK ASS" as it gets......
"Sages wife here, I'm out in the street asking common folks about the recent banking...BEEP BEEP...HONK..THUD!...Arghhhhhhh..my fucking duodrnum!"
Sorrry, what were you talking about? I was too busy catching up on Survivor to pay attention to what you were saying.
Speaking of 'Rigged'...
Man-jaw* Rumer Willis won because her parents' (Demi Moore and Bruce Willis) agents and their army of connections were out-Tweeting everyone else for votes.
* If you were to replace her man-jaw with a feminine one, she would be quite attractive. It's her only feature that distorts her face. And I'll bet you it's too complicated and risky to perform Reconstructive Surgery, to take the chance.
Why? Because it's profitable.
Duh.
Now, back to hammer time! *grab some popcorn*
Exactly. Get a trillion each under the table from the Fed, then pay a billion back in "fines". Until the 12 Regional Banks burn it's just business as usual, and the government is part of the racket.
Funny, there's another article on the Hedge today talking about Martial Law. As opposed to the Admiralty Law we got now? Hell, I'd take the Green Berets administering justice to the traitors in high places anyday. But, we all know it's going to come down to do-it-yourself justice anyway.
careful kobe beef......don't confuse the the readers with such important issue as "Admiralty Law". why some poster actually thinks walmart is a private company. kobe, since you brought it up....are you aware that the laws pertaining to "common law" and those rights of individuals under said common law are residing at 1 bowling green new york, new york 10004. that is currently the U.S. Customs House in new york. many many years ago when the "special people " thought they needed to do away with "common law" in the U.S. they were set to do away with any court rulings...etc that were brought before any courts in the U.S. however the very very "special people" from the business community tapped the very very "special people" the politicians and academics on the shoulder and said they couldn't "completely" do away with said common law. It seems that all trade laws are based on "Admiralty Law" and all "Admiralty Law" is based on "Common Law". Opps what do they do with it......hide it at the customs house in new york city of course. where it resides to this day and only used in trade and treaties when needed.......not for the common man.
Thanks for the heads up. Gonna look into that. Got any names or cases to start the search?
That picture screams out for a meteor strike.
the doj is a criminal protection racket
They're no different than a Judge who takes cash under the table from Mafia Dons to stay out of jail.
"Your honor, will $100K do?". "Yes, we'll hold a hearing but no charges will be pressed. How are the Wife and kids Guido?"
dept of justification. You (TBTF) commit crimes, we'll continue to essentially look the other way which literally justifies you. Carry on.
Free Jon Corzine!
It should read: "The Media yawned" and quite by design. The public is simply burned out and has lost it's will to live.
And, decided that if you can't beat them then join them.
Obviously 'you can't beat them.'
Less obvious: The public will never join them.
As a nation, we are all corrupt now...
Nope. Think they know there is no stopping them, so the one's that care are busy sharpening the guillotine blades....
Most of the people didn't even yawn as they're outright asleep
Government, Corporate and Market Fraud is Public enemy number one, one A, and one B.... Bitchez . Too bad the public has been nuetered beyond any recognition of our once "Republic".
And Justice for all... Buried and forgotten in the ( far distant ) rubble.
I hope you believe that.
Obama phones, Beer, cigarettes, sports, lottery tickets and Doritos, the new American pastime
Yawning because you'd have to be brain dead to not realize the new Middle Ages are here.
Lords and Ladies, castles and fiefdoms, serfs toiling in the fields and beat down if they speak up.
The Bush's and Clinton's, the monarchies of the New World. Wall Street the new Venice. All hail Caesar!
One all speech, charm, glitter and manipulation, the other actually moving the chess players. Both worthy of watching.
Feudalism was based on "Might Makes Right"
Neo-Feudalism? Is based on "Money Makes Right"
In that case, you better make damn sure that those paper promises are still accepted.
good luck with that.
Nice rejoinder
LOL!!! The "public" at large has no say in the matter. The bottom line is unless there are real consequences for bad behavior, nothing changes.
Once again, the point of no return has been passed already, get long sharecropping and guillotines, beat the rush.
You cannot prosecute a string of code which inflicted harm. That's the defense mode storyline. Learn about why banks can't be sued.
Money Confiscation Legal?http://m.youtube.com/watch?v=-WnHd-eK56o
Makes the Enron boyz look like a family of Buddhist monks.
Until they convict people the public will look at it as another pass, probably a profitable pass. And who says the public yawned, WallStreet media? Citi/JP Morgan are brick and mortar, not people.
The public is mad..damn mad..about billionaires and white shoe firms getting fined! Because our taxpayer money which was used to bail them out is being taken away!
In a negative interest world that's money being taken away from taxpayers.
And anyway we love our billionaires
Pay to play. They played and paid a pittance. Some day we'll play and they will pay...
Well said!
Because they are the cash cow gift that keeps on giving to regulators and tax authorities. They are being slapped on the wrist because they are being milked for money.....why jail them when the cronies can get their cut in cash?
The Main Stream Media decides what is the biggest story of the day.
And this is not big news. After all, this stuff has been going on for as long as I can remember. The "critics" should not blame the public for giving it the attention it was due.
I believe that it was the KEATING FIVE scandal, involving 5 US Senators, that the CEO of a bank ended up serving time in jail (a relatively small bank called Lincoln National).That was about 30 years ago.
It's pretty easy to see why the public went "meh".....after decades of corruption nobody believes in the system of justice anymore. Now its "Yeah, they're assholes...but they make my portfolio grow"...
White Guys cant jump so only Black Guys go to jail - the definition of Fair Trade!
The public yawned because we all knew, from day one, that nothing meaningful would be done about it.
Gotti had it all wrong, he should of been a banker but then again maybe he had a some form of a conscience.
I really do appreciate the story and the details.....but I disagree with the ending conclusion.
Average American's are completely clueless about this subject. The 'yawn' comes not because American's 'understand' that big banks control everything.....it comes because they DON'T understand. They have no clue how our monetary system works, or the international finance schemes work.....nor do they see much connection between this legal ruling and the impact on their daily lives. Very sad..........
Chris Hedges on what needs to happen:
http://www.truthdig.com/avbooth/item/audio_what_does_chris_hedges_really...
well said, and for those who do know and understand there is absolutely nothing you can do about it. sit in disbelief, stand on the corner with a sign, write your congressman a letter, tell your kids whats coming. thats about it for now.
there will be fireworks soon. just like the clinton lie/manipulate machine complicit with the fed in early 2000, and bush in fall 2007, they pulled the plug on the markets at the end of their 8 year terms when they knew their party would lose the coming election. obumer will do the same this fall, or next spring, if its not clear by the fall that the republicans will win in 2016.
but just like this 100% manipulted lawless market has been differenet, the crash will be too. by design, the primary dealers have $2.7 triilion sittin at the fed to prop with and corp america has +- $2 trillion to buy back stocks. the fed will also crank up the printers with next round of QE to cushion the blow. net net they will fight tooth and nail to keep markets up because they know they have pad the baby boomers retirement acounts to take the load off social security.
for those thinking precious metals will be the answer, beware. they hate the PM's, its a very small market and they will do everything in their power to beat it down. manipulation will grow exponentially to accomplish their mission.
"And, to Bloomberg's dismay, the public yawned."
But not the OWNER of Bloomberg News, Michael Bloomberg billionaire former mayor of New York City and VICIOUS anti-2nd Amendment and Open Borders member of that most precious tribe.
Who are they kidding?
Just as with yesterday's post:
"If The Public Knew About Obama's Lies And Cover Ups, Mitt Romney Might Be President"
I mean really!
I think the "public" also yawned at:
Sysco sees U.S. bird flu hurting egg supply up to 18 months
Reuters By Anjali Athavaley May 15, 2015
The Relevance of Raspail - Visionary French author saw it coming By Martin Witkerk (Spring 2015)
One of the pleasures of
hindsight is finding out who got it right—who best predicted the future in
which we are now living. In 1959, with most observers focusing on communist
expansion as the great danger facing the West, French philosopher Bertrand De
Jouvenel asked his contemporaries to consider the possible long-term effects of
improved transport:
Cheap travel could combine with egalitarianism to make for a
dangerous witch’s brew:
37 MS-13 Gang Members Indicted In Charlotte, NC
The "public" is PROGRAMMED by the televitz and schools and government and churches and magazines ALL telling them the SAME BIG LIES.
How about those Kardashians, wonder how the Lakers will do, what about that NFL Draft pick from Florida the ALLEGED rapist, Jameis Winston, that the MEDIA and the College and the whole power structure COVERED up for, well the victim was just a White girl so who cares, right? How is your White Privilege doing?
Every time I am in the supermarket and I see the loads and loads of tabloid mags at the checkout, I want to scream. There is obviously demand for this trash, and I simply cannot understand why so many Americans have gotten to the point where they expend energy on celebrity news and gossip instead of caring about the things that directly affect them.
The Bankstars are stlill laughing all the way back to the Office to commit the next Fraud. It's funny because it's true.
Oy vey! Kvetch stupid goyim. Jews never be criminals. Only goyim be criminals. Talmud says murder, enslavement, and cheating non-jews is sacred right. Jewdom has total control of government, justice system, banks, media. Stupid goyim have no property rights. We do what we want. We take what we want. We dominate all you stupid goyim. Make you think and believe what we want. OY OY OY!!
Strange. A rabbi telling goyim the truth.
Sometimes they just like to rub the Goys face in it...
https://www.youtube.com/watch?v=A4xMHVSZLyU
Listen to your Rabbi Blitzstein. Much inspired by FDR’s rabbi - Rabbi Steven S. Wise - who proudly proclaimed "Some call it Communism; I call it Judaism.”
And other great rabbis that proudly speak truth -
Rabbi Felix Mendlesohn - “The Second World War is being fought for the defense of the fundamentals of Judaism.”
Rabbi Lewish Brown - “We intend to remake the Gentiles what the Communists are doing in Russia.”
Rabbi Martin Siegel - “I am devoting my lecture in this seminar to a discussion of the possibility that we are now entering a Jewish century, a time when the spirit of the community, the non-ideological blend of the emotional and rational and the resistance to categories and forms will emerge through the forces of antinationalism to provide us with a new kind of society. I call this process the Judaization of Christianity because Christianity will be the vehicle through which this society becomes Jewish.”
Rabbi Reichorn - “Wars are the Jews harvest, for with them we wipe out the Christians and get control of their gold. We have already killed 100 million of them, and the end is not yet.”
Rabbi Rabinovish – “We will openly reveal our identity with the races of Asia and Africa. I can state with assurance that the last generation of white children is now being born.”
Jewdom won WWI and WWII. All the goyim lost, and keep on losing. Hahaha!
Most people in the US seem to know very little (more like, care very little) about the financial industry and related news. I can tell you if I asked anyone at work, or in my wife's family what the Fed is and what they do, it is instant deer in headlights. Its pretty damn shocking too when you consider that MOST people probably care about their $$ situation/finances and yet don't seem to give two shits about what is going on in the financial world. I think for most people, the majority of time and energy is spent on necessities of life; taking care of family, job and then with the time leftover some leisure activity to unwind. If you don't actively take the time to educate yourself about what is going on around us, there is such a huge tendency to just insulate yourself in the day to day goings on.
But then, even if you do care - how to affect change is the real question.
It really has become bread and circuses for our country; I don't know how to get people to care, but a start would be having the MSM cover more of this and actually get people outraged. Somehow I don't see that happening.
@CosmoJoe
"I think for most people, the majority of time and energy is spent on necessities of life; taking care of family, job and then with the time leftover some leisure activity to unwind."
That is by DESIGN, not by chance, the shipment of our good and foundational manufacturing jobs the outsourcing, the alphabet visas that businesses use to import 3rd World tech and others, all of this has, along with immigration, see Congressional Research Service: Middle Class Incomes Drop as Immigration Surges, has conspired to DESTROY the middle class, i.e. Whites, and so as you so accurately point out they are too exhausted and DISTRACTED by the media bosses, to DO anything, and it takes KNOWLEDGE of what is going on to rouse the people anyway. Now ZH EDUCATES people, no doubt, and has a HUGE presence on the internet, but STILL the readership, large as it is, is a relative handful. AND the Mainstream Media BLOCKS access to all RELEVANT knowledge for the historic American people.
It is a PLAN and it is working OUTSTANDINGLY well, to the Whites deadly detriment.
Feds releasing hundreds of illegal immigrant rapists, murderers
Yes was going to reply something to this string and CosmoJoe.
"It was about two years ago when we summarized all the known and confirmed rigged markets."
- Libor - interest rates (link)
- ISDAfix - swaps (link)
- Platts - oil prices (link)
- WM/Reuters - FX (link)
- High-Frequency Trading - equities (link)
- Gold Fixing, Stock Spoofing
Question: what is Monetizing Net Issuance in 2015 Mean?
Reading about the Formation of the Federal Reserve several authors certainly agree with "Laddie" that complicated Terminology is inserted into banking and surrounding the structure of Federal Reserve to substitute "Memes" in peoples minds. Like Politics it is very Deliberate Obfuscation.
Eustace Mullins, G. Edward Griffin, Ezra Pound, William Greider, Thomas Jefferson, Alexander Hamilton, Robert Morris(continental congressman, created Bank of North America), John Taylor(1816), John Adams(1811), Gustavus Myers, Andrew Jackson, Richard Lawrence (tried to assassinate Andrew Jackson), Nicholas Biddle(second bank president), Frank A. Vanderlip, Ralph Epperson(about Morgan rumors to cause banking panics), Charles A Lindbergh (congressman), Barry Goldwater, William Bramley(author).
Sounds like Citigroup-Chase owns the most stock in the FED.
"He opposed American entry into World War I as well as the 1913 Federal Reserve Act. Lindbergh is best known as the father of famous aviator Charles Lindbergh."
"Also in 1917 Lindbergh brought articles of impeachment against members of the Federal Reserve Board including Paul Warburg and William Proctor Gould Harding. Lindbergh charged that the Federal Reserve Board members were involved "...in a conspiracy to violate the Constitution and laws of the United States..."[4]"
NONE of the proletariat vermin who lied about their incomes on their zero-down mortgage applications -which is criminal fraud - then defaulted on their mortgages, destroying the equity of their neighbors and entire communities, has been prosecuted and jailed
THEREFORE
no one should be prosecuted and jailed for similar financial offenses
to achieve equal treatment and protection.
Spoken like a true useful idiot.
Very sad indeed. Educated to a level of apathy, not of true learning.
"Average daily transaction volume for ICAP plc exceeds US$1.5 trillion.[11]"
- As Larry King would say "That ain't just Hay".
"ICAP trades in a number of areas, including interest rates, credit, credit derivatives, foreign exchange, interest rate swaps, intellectual property (patents, via ICAP Patent Brokerage), and equity derivatives.[10]"
- How much you want to be ICAP Plc is a big Player in TPP, TAP Trade Treaty Negotiations??
- Nice bullets at top of Article ZH on Rigged Markets
http://www.zerohedge.com/news/2015-05-21/public-confused-why-worlds-bigg...
It pays (fuck loads of money) to be a criminal.
I would love to see an app with the faces and home addresses of those banksters - or even better to get a "ping" on my mobile when one of these selfish psychopaths crosses my way.
At this point its like yelling at the rain. Its like being surprised that politicians lie. Personally I'm starting to root for more fraud and theft from my mmmasters. Call it Stockholm Syndrome if you will, after all their smarter than us and doing God's work. FREE John Corzine.
I heart you Lloyd and Jamie.
Why should we be surprised?
If history teaches us anything, it is that the final years of any empire, is full of corruption, decay and self serving officials.
Is it any wonder that homeland security has bought so much ammo and supplied military weapons to domestic police services. They are prepared for the backlash. They know what they have done and rightly fear the great mass of the population
They can try and insulate themselves all they like, but the enemy is within and that internal cancer will eventually destroy them. They can fight off the general public, but it will be futile, because they are their own worst enemy
But By then the USA will no longer be reserve currency
I have a quote from a Federal Reserve Branch 1963:
"The Function of the Federal Reserve is to foster a flow of money and credit that will facilitate orderly economic growth, a stable dollar, and long-run balance in our international payments"
- well -$700 Billion a year international payments is terrible performance
How can US Continue as World Reserve Currency with 12 years of Credit Bubble (Debt)
Bank Private Credit to GDP for United States
2011: 55.47615 Percent (Data spans from 1961 to 2011)
http://research.stlouisfed.org/fred2/series/DDDI01USA156NWDB
Fire up the gas chambers!
Heh heh – Goyim completely fooled. Never want to read about truth. Never read article ‘Judaism: The Greatest Lie Ever Sold’. We put it in your face. Goyim still not believe truth. Make us laugh till we cry Oy vey!
http://renegadetribune.com/judaism-greatest-lie-ever-sold/
Nobody panics when things go according to plan. Even if the plan is horrifying.
If the goal in life is to collect as much fiat as you can, then these guys are doing a bang-up job at it. And the public is envious. When there are no moral standards, who cares how you collect your fiat? It's the ends the justify the means, remember?
What else would you expect from the most corrupt country on the face of the earth?
Yeah, but the money is flowing out of both the USA & UK.
- Felony Stupid, or Insane?
http://www.bea.gov/newsreleases/international/intinv/iip_glance.htm (wow huge trend, $31 Trillion in Foreign Property in USA vs $24 Trillion)
https://www.cia.gov/library/publications/the-world-factbook/rankorder/21...
Federal Debt Held by Foreign & International Investors as Percent of Gross Domestic Product, 2014:Q4: 34.75940 Percent of GDP, HBFIGDQ188S,
http://research.stlouisfed.org/fred2/series/HBFIGDQ188S
Current Account Balance: Total Trade of Goods for the United States©, 2013: -703,911,000,000 US Dollars,
Sum Over Component Sub-periods (2013 was last data),
http://research.stlouisfed.org/fred2/series/BPBLTD01USA637S
Vegas is an open and transparent stacking of rules in favor of a house that controls the money, the tide, and the tempo --- yet people still sit down at the table.
A life centered around money is a hollow one–and a nation centered around money isn’t really a nation.
Bloomberg has taken it upon themselves to offer readers autosuggestion that the reader is just not that concerned with malfeasance at the level of TBTF. First, the propagandists told you that these motherfuckers were too-big-to-fail. Then the propagandists told you these motherfuckers were too-big-to-nail. Then the propagandists told you these motherfuckers were too-big-to-jail. Now that the propagandists have conditioned you to believe that you have NO personal agency whatsoever, they only need to tap into their Classical Conditioning to suggest that you are NOT phased by the criminality of TBTF and that you have learned [been Classically Conditioned] to think exactly what the state propagandists are telling you to think.
If Bloomberg had suggested that you were outraged, the responses from respondents would be signifying 'outrage' instead of the target emotion of indifference [a collective yawn] to their machinations, and state sponsored 'autosuggestion', SUCKERS. Like Ivan Pavlov's Classically Conditioned _dogs_ Americans en masse are salivating when Dr. Pavlov rings the bell for the conditioned stimulus to take effect. In brief, Americans en masse have the combined intelligence of a dog that is capable of learning new tricks to keep their masters entertained.
Sounds like you're late for your mandatory morning sniff of Kim Kardashian's ass! :)
Yeah, you summed it up pretty well.
It's bullshit--how many demonstrations and ongoing protest actions is Bloomberg covering?
Guess nothing is going on, then. Like the guy landing a fucking gyrocopter on the WH lawn . . . he just slipped down the memory hole.
Yup, guess nobody cares.
Bloomberg is an electronic Jew espousing what the Jews want you to think and write on their behalf. Bloomberg is owned by Jews, run by Jews, for Jews. The tribe controls all Americans that cannot think outside of the electronic Jew propaganda they constantly feed you on a daily basis. If you watch Bloomberg, or listen to their propaganda, you are, for all intents and purposes, a reformed Jew that has been conditioned to listen to Jewspeak and accept it as fact. BF Skinner showed you how easy it is to train pigeons by feeding them rewards when they peck at the reward keys in a Skinner Box. Ivan Pavlov showed you how easy it is to Classically Condition dogs to food rewards by ringing a bell as a conditioned stimulus. Bloomberg now shows you how easy it is to Classically Condition Americans to their Classical Conditioning of Americans via words that Jews condition you with every day when you willingly turn on the electronic Jew for some of their latest mind control.
WAKE UP, America, and turn off the electronic Jew.
The only one in jail right now is the futures trader Nav and there hasn't even been a trial yet let alone guilty.
That is how justice works in the financial markets, always the small guy, even more so if he's not white.
ZH,Bloomberg article says "investors". The term "public" is missing.
This is an important distinction. Investor often don't care about reality of corruption, complicated systems, Non-GAAP Accounting, lack of integrity in the industry.
Public is completely different animal.
The fines amount to profit sharing with the regulators. What's to get excited about?
Anyone have the scoop on ICAP?
average daily transaction volume for ICAP plc exceeds US$1.5 trillion.[11]
Competition
- Tullett Prebon
- BGC Partners
- GFI Group
- Tradition
Any Relation to DTCC who has done $1.7 Quadrillion in Derivatives? Guess DTCC is a holding company, where ICAP is active in trade of derivatives and pricing derivatives??
** RISK **
Does that sound dangerous to Credit and Liquidity if Derivatives can be traded like money, stocks, bonds... but they don't have to be based on Assets... Risk of huge sell off if they are considered worthless ??
These are obviously liquid if one company can buy/sell $1.5 Trillion in a day of trading.
"Bloomberg dismayed" that nobody prosecuted!!!!!
Jesu H Christ this is Bloomber's dream come true.
Bloomberg insinuating that the public doesn't care about it. Fuck that.
People shrug about it not because they are apathetic, but because this is exactly what they expect from these cunts. No law, no government will stop them. Only the crushing weight of their past actions coming back to haunt them (derivatives and all that) will be enough to destroy them and give our culture a chance to develop beyond them.
I wait for it, patiently.
+1,000
Millions will die in the upcoming, many times aforementioned apocalypse....
But I'm off the grid as much as possible....and am waiting for the show to begin...
7 Billion people are waiting for SHTF before going to look for bankster trophies, and stop the war being waged against them. They can defer but not escape. I guess they could go into outer space for a while but the Q99X2 would find them there too. Run bankster run.
This Citizen has no confusion.
Most have been battling incipient Alzheimer's since birth.
But not me.
Americans know its a clown show, led by the dumb black muslim
Psst! Hey you, yes you! Everything is rigged. And it's rigged to make you poorer and them richer.. Pass it along!
Annointment of Their Assholiness's may have to expand from politicians and start including banksters...
Current Members: Senators John McClain, Lindsey Graham, Mitch McConnell, Chuck Schumer
New Members: Jamie Dimon, Lloyd Blankfine, Ben Bernanke, Janet Yellen
Special Crossover Member: Less than Honorable Jon Corzine
Bankster boys must share with politicians, so it's all cool.
Lol ... What does Bloomberg want the public to do? Do they want the public to go out and lynch a bank CEO or the entire justice department? Maybe it would be just, but it is not the way the public works. The public does not even spontaneously create protests or wars. Protests are arranged by those in power through their NGOs. Wars are arranged by those in power through their governments.
It is not that the public does not fight back. The public fights back in ways that those such as Bloomberg do not comprehend. One day things will seem to have mysteriously changed and if those who are currently in power are still around, they will wonder "what went wrong? how did we lose it? we had everything going for us."
If those in power want to play any part in the future, then they are going to have to grow up and start policing themselves.
Chill, Dood!
With computer algos, they can keep this gong show going for many years. Make believe currency is a game played around the world and ever expanding credit will keep the sheeple in food stamps (bread and circus). The trigger will not be financial but some other - water? war? immigrant hoards, more riots?
More people living paycheck to paycheck with less interest in high finance - until the 401k is gone and the ebt cards will not load.
It's just that they can't be on the guillotine list multiple times.
Liberty is a demand. Tyranny is submission..
It is a shame that they only have one head to give for their crimes.
The public is yawning ebcause it doesn't really affect them.
The 'rigging' zh touts here day after day generally (with the exception of hft bullshit that should be illegal)consists of extremely minor moves that last for seconds or minutes, which usually are designed to help a trader get out of a position at a profit, or to front run a big client order.
The average joe is completely unaware and unaffected by it. Hence the yawning. Do you really think some poor sap going on a foreign holiday cares if a big bank pushes the gpb up 10 bps for 3 minutes one day? The complaint should be that banks charge 250 bps comission when he buys his foreign currency to spend abroad. Even that doesn't raise any eyebrows.
Trading is a poker game, and bluffing is an age old strategy. Sometimes it works, sometimes it doesn't.
Trying to paint all markets as 'rigged' at all times because of daily bluffs by traders is a joke. The long term trends are affected by real factors, not by even the biggest banks pushing things a few bps here and there to make their every day profit targets.
Not to mention, these 'manipulations' are totally random in direction, they depend on what the trader's position is and/or what big order he just landed is. So don't kid yourself thinking that prices get moved in a big way in any one direction, although I'm sure there are lots of you who want to believe that as an excuse to explain why you constantly lose money.
This is why 9/11 was funny.
step right up, get yer free gadgets....zero % interest, no payments til the year 3030.....
sheeple have no clue what libor, FX etc is....what do I care about libor, isn't that a board game?
FX, I have electronic dot-dash dollars , Sari says so....
all too complex for the grazing sheeple....
bahhhh...
How ould Bloomberg know what the public thinks if they no longer allow public commenting?
How many of these "fines" are actually paid, to whom, and who is checkiing?
Anyway, If they are ever paid, they are just looked upon as a business expense. If they are not paid, they are probably booked as a business expense anyway and trousered through creative accounting.
Piano wire and lamp posts come to mind.
Social mood is changing for the worse. You don't need Bloomberg to know how the public feels...
http://www.globaldeflationnews.com/recognizing-changing-social-mood-is-k...
“Having said that, this is more backward-looking than forward-looking.”
this either means the manipulation's stopped or there are still undiscovered rigged markets - if anyone believes the former I have a bridge I'd like to sell you (& the ironic part is unlike a bank approaching you w/a similar offer I actually DO own a bridge!)
they pumped the stawk market so 401ks are all plump. if not i think the occupy movement would have continued to grow.
The fines are no more then the governments cut of the profits. No indictments and that tells the story. We are officially a third world banana republic being run by criminals......
Notice they don't even guild this farce of a punishment by requiring community service?
Could it be that we already know that they just look at it a business expense because they know their cronies in D.C. have got their back?
It didn't take long to find out that Loretta is just as crooked a banksterblowing scumbag as Eric.