Barclays Scandal Reaches Other UK Banks!
- This is a deliberate take down of the global financial system. The Illuminists know their jig is up. Their Illuminist banks have been caught red-handed in the financial rape of the sheeple all over the world to the tune of trillions of dollars. They want to detonate the entire system and collapse the world into utter chaos. The next step is a contrived world war using false pretexts. Will they stage a false flag (nuclear) attack during the London Olympics ala Operation BlackJack? Do not be surprised if they do.
– - The snakes will collapse their own Illuminist banks to foment hardship and to consolidate power into a few of their Illuminist banks. The final move is the full takeover of the state by Illuminist central banks. But it will be sold to the sheeple as ridding the world of the corrupt banking system. In the end, the state is the bank and the bank is the state. A full fascist takeover by the western Illuminati. But the sheeple will be too dumb to understand what is happening. Just look at Europe: the Illuminist banksters have taken over!
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Barclays scandal reaches other UK banks!
by http://www.presstv.ir/
Top executives at Britain’s second-biggest bank, Barclays, have said the interest rate rigging scandal gripping their bank will be “put in perspective” by fines handed out to rival banks.In a memo to the Barclays staff, the bank’s executive committee said a dozen of rival banks are expected to be drawn into the scandal which has rocked their bank, reported Reuters.
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“As other banks settle with authorities, and their details become public, and various governments’ inquiries shed more light, our situation will eventually be put in perspective”, said the bank’s executive committee in the memo.
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This comes as the Bank of England’s deputy governor, Paul Tucker, has already said that the Barclays scandal is just the tip of the iceberg for City corruption. Tucker told British MPs that greedy bankers may have been rigging the figures across dozens of other markets.
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Barclays was fined £290 million by US and UK authorities after it emerged that the London-based lender had manipulated the London Interbank Offered Rate (Libor).
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Libor is a measure of how much banks charge each other for loans, is set through regular submissions to the British Bankers’ Association, and forms the basis of lending rates throughout the world.
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Meanwhile, in the memo, Barclays top executives have rejected speculations that the bank will sell or spin off its investment bank or reform its strategies.
“Our strategy and business model were right for Barclays before recent events, and they remain right for Barclays now”, they said.
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