Monday, February 23, 2015

Justice Department Investigating Ten Big Banks For Precious Metals Rigging?

http://investmentresearchdynamics.com/justice-department-investigating-ten-big-banks-for-precious-metals-rigging/

...let’s face it.  This is just another episode of the U.S. Government’s Kabuki Theatre version of “let’s show the public we’re cracking down on the illegal activities of the big bad banks.”   I can guarantee everyone reading this that, at best, the Justice Department will issue some small wrist-slapping sized fines and pat the banks on the butt and send them on their way.   This is just wash, rinse and repeat of the “crackdown” on mortgage and foreclosure fraud.
How come the Justice Department and the CFTC are not investigating the obvious illegal price rigging activities going on their own backyard at the Comex?  I’ll tell you why. Because every single legal professional at the Justice Department and the CFTC have either worked in the in-house legal teams at every Too Big To Fail Bank OR want to work on the legal teams at those banks.

https://www.youtube.com/watch?v=KW4o2eRvzx4

No comments: