TAIBBI | Everything Is Rigged: The Biggest Price-Fixing Scandal Ever - FORECLOSURE FRAUD

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TAIBBI | Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

TAIBBI | Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

This includes the government! No doubt!

Rollingstone-

The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There’s no price the big banks can’t fix

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world’s largest banks may be fixing the prices of, well, just about everything.

You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that’s trillion, with a “t”) worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it “dwarfs by orders of magnitude any financial scam in the history of markets.”

 [ROLLINGSTONE]

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4 Responses to “TAIBBI | Everything Is Rigged: The Biggest Price-Fixing Scandal Ever”

  1. Rob Harrington says:

    Fascism at it’s finest! “I pledge allegiance, to the corporate states of America. One cash cow, under godless people, invisible, with no liberty or justice for 99%!”

  2. Speak of rigged. look this over!
    //deadlyclear.wordpress.com/2013/04/27/mers-too-many-dead-ducks/ And they all née explicit consent…UETA…:

    MER-TOO-MANY-DEAD-DUCKS…….

    A game changer for the alleged lenders and con artist Washington RCW listed below protects the homeowners from MERS electronically filing without their explicit consent to do so and no one did. Not one of us which voids the contracts. All states are protected they UETA LAW.

    Washington State did not adopt UETA and E-Sign doesn’t apply since we have a statute addressing the issue RCW 19.34.320 [“No digital message shall be deemed to be an instrument under Title 62A RCW unless all parties to the transaction agree, including financial institutions affected.”] http://www.ncsl.org/issues-research/telecom/uniform-electronic-transactions-acts.aspx

    Overview of UETA Section 16

    [0012]

    UETA Section 16 introduced the concept of a transferable record and leveraged the legal requirements for controlling an electronic chattel paper as defined UCC 9-105 to specify the legal requirements for having control over a transferable record. However, it restricted the scope of a transferable record to be an electronic record that is either a note under Article 3 of the UCC or a document of title (i.e. title) under Article 7 of the UCC. Hence, transferable records are electronic equivalents only to either paper promissory notes (i.e. negotiable instruments) or paper documents of title. UETA Section 16 also requires the issuer of the electronic record to explicitly agree that such a record is to be treated as a transferable record.

  3. Philomath says:

    This is the tip of the iceberg. Taibbi is an incredible investigative reporter, but like many others before him, he will be bought out, smeared or just disappears. Too much money is involved for the truth to matter. Unfortunately.

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