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The Bank Of England Made Me Do It
Wonder who was pushing Barclays to manipulate its rate? Why none other than the English Fed. From BBG:
- BARCLAYS SAYS BANK OF ENGLAND CALLED ON OCT. 29, 2008 ON LIBOR
- BARCLAYS SAYS DIAMOND MADE NOTE OF CALL
- BARCLAYS SAYS DIAMOND RECEIVED CALL FROM PAUL TUCKER
- BARCLAYS SAYS TUCKER SAID `CERTAIN' BARCLAYS DIDN'T NEED ADVICE
- BARCLAYS SAYS TUCKER SAID DIDN'T ALWAYS NEED TO BE SO HIGH (Supposedly LIBOR)
- BARCLAYS PROVIDES COPY OF DIAMOND'S CALL NOTE
- BARCLAYS SAYS DIAMOND DIDN'T BELIEVE HE HAD GOT INSTRUCTION
- BARCLAYS SAYS DEL MISSIER CONCLUDED INSTRUCTION HAD BEEN GIVEN
- BARCLAYS SAYS DEL MISSIER TOLD RATE SETTERS TO LOWER RATES
In other words, a central banks was directly and indirectly involved in manipulating interest rates. Say it isn't so. Fast forward two months when the BOE's Tucker testifies that the Chairsatan made him do it.
And below is the "note"
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How is this news?
This should be good for another 50 es points
If he walks with a pension we'll know they bought his silence.
@bsdetector
TPTB (namely the BOE) could have either of them silenced (permanently) in a matter of moments.
Well the Lie Bore soiled undies are on display in the open.
So how about the GOLD manip thats been heavy for 25 Yrs plus???
GOLD to the Moon, Bitchez... (Its Commin')
"the Chairsatan made him do it"
...for the children.
or was it "to" the children?.....i get confused
If they do it to LIEBOR why can't they do it to gold too?
http://en.wikipedia.org/wiki/Gold_fixing#Process
Yeah now just wait and watch for gold to SKYROCKET.
If I understand the timeline correctly, most of the blatant LIBOR manipulation took place prior to 2008. In OCTOBER of 2008, BoE official calls Diamond and suggests that Barclay's LIBOR rates could be lower. Is this because after 2008, the banks (and especially Barclay's) realized that the LIBOR rates must come up to be more in compliance with reality, and then were asked by the BoE to bring them back down?
If that's the case, the blatant fraud had been occurring for years already and only got attention from BoE when banks started trying to reset the LIBOR higher in a bid to cover their tracks.
Barclays, BOE. Eventually the buck just gets passed back to Satan.
This should last as news for another 15 minutes when Anderson Cooper comes out of the closet for the third time.
And in other news, Tom Cruise says the Bank of England made him break up with Katie.
And in other news, Tom Cruise says the Bank of England made him break up with Katie.
please get it right! i read huffpo and it said katie broke up with tom...
My apologies to the Thetans.
In other news... Anderson and Tom are Hollywoods newest couple!
Sub prime crisis "containment" exposed..
Wake the fuck up..
How about all the pension and retirement funds that were tied to LIEBOR rates and lost money? Probably into the hundreds of billions worldwide, if not more.
How soon before all the state/province DAs file lawsuits? Will they sue the BOE, in addition to the big banks? How about the US AG? Well, we know the answer to that one.
I suppose the big question right now is, if war breaks out, does all this go away?
Bingo, and
Bingo.
More importantly Andy Griffith just died.
How is this news? Here you go:
news/n(y)o?oz/
Noun:This is news because its reminds everybody that these bankers all come from the same tribe. This is what happens when one small group of people get way to much power. Wait until Barry O wins the fixed election and then ask HOW IS THIS NEWS.
Next thing you know they'll be telling us we live in a democracy...
But but but... ah, fuck it.
I didn't want to do it, twas the voices in my mind that made me do it!
Cockroach theory says this will get to the Federal Reserve before this is over.
Only if the light is turned on.
Nah, the intermediaries will all die of totally unrelated heart attacks.
in hot tubs
Never Retreat! Never Surrender!
http://shutupnsing.wordpress.com/2012/07/03/the-spirit-of-the-300-lives-on-independence-day/
The only interesting or novel thing here is how the sharks are turning on one another
The center cannot hold, it seems.
London's sharks do not live forever.
The Physical Impossibility of Death in the Mind of Someone Living
all part of the theatre. they will collapse the banks, and offer banker heads up to placate the masses. They will use this publically generated outrage and anger to create their next control mechanism(s) like global currencies, digital currencies, supernational banks etc. don't fall for it.
Exactly.
"London's sharks do not live forever"
the only good shark is a tranched shark...
They could go for the pliers tactic like Hanibal did with the Romans, it worked over and over again.
let them think they are winning, pull back in the center, circle movement from the sides and... SQUEEZE!! SLAUGHTERHOUSE 2 BITCHEZ!!!!!!
or like Alexander! SQUEEZE AND CAVALERY FROM BEHIND!! YIiiiHAAAA!!!
We can only hope. It's held against the odds for far too long, and done a tremendous amount of damage along the way.
MAJOR TIPPING POINT.
High DEBT can not be financed if interest rates go UP.
This could be a major 'interesting time'.
Prepare now.
No fucking doubt.
word
When societies disintergrate/revolt, it is usually not led by the poor class (minus the French Revolution, which was a total revolt), but a dissention amongst "elites" and well-to-do middle intellectual middle classes (ie John Adams).
Look at the American Revolution. It was basically a disagreement between "elites" on one end of the pond vs anohter on how to live their faith, ownership rights, tax/representation, and of course, the fight over who gets to print and use, what currency (which was the main reason).
Benjamin Franklin wasn't a poor man when he came to 1750s Philly.
Then, it all resets, and the "elites" against herd the sheep back into their barns.
There a book called, "Taming Democracy", which is a must read for anyone on this board. Political Upheaval is really a tale of two cities.
During a revolution, part of the bourgeoisie and upper class trade places, but apart from that, no real societal change happens.
1984.
Exactly... great to see the scum getting shafted by the scum. Doesn't really matter how good your funny hand shake is or how far you roll the old trouser leg up....still all eminently shaftable... watch them start screaming for the law
Oh snap, the system continues the big unwind. Bigger news in the days to follow... get your popcorn ready and stock up on butter!
Sounds like the shit is hitting the fan at the Morgue nowdays as well.... I'm really hoping for some fourth of July fireworks, maybe they'll put up a good show.
so 2005=2008 was fine?
A central bank manipulating interest rates...who would have thunk it? Next thing you will be trying tell me that the Easter bunny doesn't really exist.
This is an attempt to place the blame on del Missier.
clearly some1 has to take the hit
but no way the BoE comes out unscathed unless the FSA is in on this. oh wait.. fuck
"Fast forward two months when the BOE's Tucker testifies that the Chairsatan made him do it".
It wouldn't be in the least surprising given Timmah's meddling in Europe and trying to get them to be 'more proactive'.
DavidC
"Its a puppet"
Brian Conley
I agree non news really, all the CBs manipulate rates openly and the markets love it.
Is there anything or anywhere not rigged by these cunts?!
Nooooo....No.......Nooooo.....unpossible!
Shocker!
Once again, I direct you to the clip from STRIPES where John Candy comes clean about his weight problem...
http://www.youtube.com/watch?v=bD4xwK13lGk&list=FLhoL4621AxtVy275gIxFnvg...
the reaction makes it a classic from the other guys....classic
Same thing with these tidbits... for example....the JPM ex-salesperson thinks he's cool at 23yrs old ratting out his old employer. They made me push the bunk JPM funds over cheaper better funds!
No shit sherlock! It's a game as old as time.
Tell me something I dont know.....
Oh yeah, baby, baby.
THE VOICES IN MY HEAD TOLD ME TO DO IT!!!
what?...
kill everybody?
but... but...
the dog also? he's so cute....
O WHAT THE HELL!! WHERE'S MY GUN!!!
fuck them all...period.
I'm so way beyond being sick of this shit.
what is so damn discouraging is, in this slow motion train wreck, the engine may have jumped the track but the coal car hasnt even left the rails yet.
the grinding stop has yet to begin.
fuck them all...?
I'M GOING TO NEED A BOX VIAGRA FOR THAT BECAUSE MY PeePWee ONLY GOES THAT FAR!!
GET YOUR MONEY OUT OF UK! THE ISLAND IS SINKING! BERLIN WILL HELP YOU!
Regards,
Herr Steiner - Vice-Chancellor of (Greater) Germany.
Why shouldn't they think they are above the law when everything that's happened over the last several years says they are above the law. The populace apparently has neither the brains or balls to change things.
I'm shocked.Truly shocked.
That this wormed has turned.Not about the LI(E)BOR 'fixing" though.
One oz of gold says this leads to Turbo Tax Timmy and the NY Fed.
Takers anyone ?
I'll take that bet. My gold is being held with JP Morgan so you may only get 1/1000000th of an ounce and good luck finding it if I lose.
free markets to centrally planned markets by, and for the private banks.
Suppressing interest rates to allow the central banks to finance their trillions in DEBT.
How will the DEBT be financed now with high interest rates ?
This is a MAJOR tipping point.
Now we know why there was that mass exodus of banking "talent" over the past quarter. Everyone knew this was about to come out. When this trail leads to the Fed, it will be the end of the banking industry and the stock "market". This is the flash that everyone was looking for. Because unlike the US, Europe >might< actually demand redress for the criminality and prosecute it accordingly.
Of course, I might just be fantasizing about seeing Bernanke, Geithner, Dimon, Blankfein, Summers, et al. in front of a criminal court in the Hague getting the chair for their trillions of dollars of theft...
Oh, well then, that just makes everything alright.
dont look here folks, keep moving, nothing to see here.....................
Ya gotta be fuckin' kidding me!
Brings to mind a great quote. The first line is often quoted....second line gives the whole scene context.
"I'm shocked. Shocked to find there is gambling going on in here"
"Your winnings sir"
http://www.youtube.com/watch?v=-Gf8NK1WAOc
the evil little devils and wizards in my head make me do these evil things
Got lead insulated fridges, Brits? T minus 10, 9, 8,....
I really liked this quote from an earlier post:
*Simon Willis, Daniel Stewart & Co investment bank:“Firstly, we find it difficult, given the dearth of senior banking management talent, [to see] who Bob Diamond’s replacement might be."
An organ grinders monkey who grabs coins and tips his hat would be a fitting replacement.
First, the monkeys in the City tip their hats to no man.
Second, that monkey had better have hands like King Kong to grab that many coins.
Third, if you can't fill the position, maybe it doesn't need to be filled.
All this and the morgue just turned positive. I thought they stopped their buy back program.
What gives with the Euro spike? Anyone?
Like every rapist says to his victim:
SSSssstttTT, It's just me.... your pastor/daddy/uncle/president
This is like going into a McDonalds and talking to a morbidly obese humanoid and them sharing the secret that THEY HAVE A WEIGHT PROBLEM......
NO SHIT. WHO THE FUCK IS SHOCKED ABOUT THIS SHIT?
TEAR DOWN THE WALL!
BIGBONED OKAY!! BIGBONED... with a little bit of grease on the sides....
I'm shocked there's a memo of the phone call. Wonder where the BoE's note is...
Why should we be suprised in a world where corruption is rewarded.
The BIG POINT...is that all this time the interest rates were suppressed by banks and everyone in the financial world.
Now, all interest rates will RISE.
How will all the existing DEBT be covered and re-financed with HIGH INTEREST RATES ?
Get your fixed mortgage NOW.
All BONDS and all DEBT interest rates are going up now.
This is a major tipping point in the banking and central banking.
paul tucker fallguy like diamond and agius.
looks ike he is gonna have to fall back on consultancy and lecture circuit ringing in a meesly 5 million a year.
tucker will be removed for a goldman head of the ponzi brit central bank
Paul Tucker leads race to succeed Sir Mervyn King as Governor of Bank of England
Read more: http://www.thisismoney.co.uk/money/news/article-2081227/Paul-Tucker-leads-race-succeed-Sir-Mervyn-King-Governor-Bank-England.html#ixzz1zZSM59Xe
what rothshied needs is an honest goldman man running the rotten show.
http://www.thisismoney.co.uk/money/news/article-2162349/Jim-ONeill-inter...
or this goldman stooge mark carney
http://www.ft.com/cms/s/0/1d085e5a-88a7-11e1-9b8d-00144feab49a.html
The national debts, who are the owed to?
If your creditors are dead, then the debt goes away as well, no?
There must be a reason why Israel is armed to the teeth with more than enough nukes to blow up the world, twice over.
The Banksta's insurance policy that their debts will be paid?
----------------------------------------------------------------
Another source of crown income was represented by England's Jews. The Jews were the king's personal property, and he was free to tax them at will.[143] By 1280, the Jews had been exploited to a level at which they were no longer of much financial use to the crown, but they could still be used in political bargaining.[144] Their usury business – a practice forbidden to Christians – had made many people indebted to them and caused general popular resentment.[145] In 1275, Edward had issued the Statute of the Jewry, which outlawed usury and encouraged the Jews to take up other professions;[146] in 1279, in the context of a crack-down on coin-clippers, he arrested all the heads of Jewish households in England and had around 300 of them executed.[147] In 1280, he ordered all Jews to attend special sermons, preached by Dominican friars, with the hope of persuading them to convert, but these exhortations were not followed.[148] The final attack on the Jews in England came in the Edict of Expulsion in 1290, whereby Edward formally expelled all Jews from England.[149] This not only generated revenues through royal appropriation of Jewish loans and property, but it also gave Edward the political capital to negotiate a substantial lay subsidy in the 1290 Parliament.[150] The expulsion, which was not reversed until 1656,[151] followed a precedent set by other European territorial princes: Philip II of France had expelled all Jews from his own lands in 1182; John I, Duke of Brittany, drove them out of his duchy in 1239; and in the late 1240s Louis IX of France had expelled the Jews from the royal demesne before his first passage to the East.[152]
http://en.wikipedia.org/wiki/Edward_I_of_England
We need to start naming names of regulators. We need to suspend soviergn immunity. They would be slightly less confident and impervious to their actions.
Rally bitchez!!!
They never learn -No. 423
One of the leading contenders to replace Mr Bob Diamond at Barclays, is internal promotion candidate Mr Ritchie Ricci.
Could you make that up?
So the Global Financial Soap Opera returns Home? (UK, USA)
In other news, Andy Griffith had passed away. RIP
Then he won't have to see the final collapse. He was a reminder that there were still good people in the world. RIP
Ah, just following orders. The old Nazi defense.
Yes and No.
All the banks were probably suppressing interest rates...so the T-bills could be held at low rates...so the DEBT could be financed.
ALL RATES ARE NOW GOING TO 'FLOAT' UP.
How will all the DEBT be financed now ? with high interest rates ?
We are all Greece, and Spain, and Italy.
29 October 2008 telephone call from BoE to Barclays
31 October 2008 Barclays raises £7.3 bn from Qatar
06. November 2008 BoE cuts Base Rate to 3%
My crystal ball predicts a hotel maid in Tucker's future.
It is becoming clear to me that the mass amounts of unsustainable debt is not going to be the only driver of a major securuties crash. Another main driver will be an inherrent distrust of the capitol markets as a whole. In general I am a sceptical person but the continued market minipulation is reaching a fevered pitch. This will not end well. Thank you central planners.
Mervyn King & Lord Turner: Vogons!
http://www.theglobeandmail.com/report-on-business/barclays-canadian-coo-del-missier-resigns/article4385606/
Unwinding suppression.
They probably won't re-fill any positions...and in the end...will have 'no management'...and will require a govt. style takeover/supervision/refinance....a la Ireland or some other bankster deal.
very entertaining to see how much publicity barclays are enjoying on facebook at the moment :)
FIXING INTEREST RATES. DUHHHH!
What kind of fairy land have most of the commentators been living.
THEY made the LAW.
No laws have been broken.
This is the way to stabilize the financial system.
The fact that you are finally learning about how the system work is what you should be investigating.
Why are the wolves turning upon each other?
From the CFTC Order page 23: "At this time, a senior Barclays Treasury manager informed BBA in a telephone call that it had not been reporting accurately, although he noted that Barclays was not the worst offender of the panel bank members. "We're clean, but we're dirty-clean, rather than clean-clean." The BBA representative responded, "no one's clean-clean." The senior Barclays Treasury manager replied "no, because of the very fact of what happened to us ... We were clean ... the market ... reacted accordingly. And that's why we stepped away again." The senior Barclays Treasury manager was referencing the market speculation about Bat'clays' high LIBOR submission in early fall 2007. The BBA representative indicated that he understood what happened to any body that moved against the trend of lower submissions. The same senior Barclays Treasury manager had a similar conversation with the FSA during a surveillance call regarding market liquidity conditions."
I'm shocked, shocked to find out interest rate manipulation is going on here.
Hmmm ... from the Telegraph's live coverage:
16.12 Barclays says it had 13 "principal documented contacts" with FSA on Libor submissions in 2007/2008, 12 with NY Fed and two with Bank of England.
And that's all folks!
Nothing new under the sky.
I'm buying myself a bottle from Château Mouton Rothschild, just to stay tuned. Salute, banksters corporation: You've managed to put the whole Western's economic, political, social, military and finantial system under your control. And some other places too. What a shitty Olympus, it stinks worlwide.
Rally Warning Confirmed...
As mentioned earlier, further equity strength and USDX weakness expected this year according to my analysis.
http://www.zerohedge.com/news/2012-12-24/market-analysis