Although the culprits did not go as far as posing for photo souvenirs like the makeshift above during their elaborated scam; they did "Pop The Champagne." Now they are barely breaking a cold sweat while forking a reported "$450 Million to several european and US agencies" last month according to PETRINO DILEO in one of his recent analysis. Lets put that in perspective shall we. $450 million is about less of 1% of Barclays yearly revenues.
So what happen and why should you care? Do you remember the financial fiasco of 2008? I bet you do. According to the Evolution group and I am quoting "
The interest-shaving “Libor” fraud has skimmed an estimated $500-$800 billion dollars per year off from the losing banks and financial institutions. And it’s now becoming clear who the losers were: anyone who didn’t have someone rigging the game for them. That means small brokerage houses, community banks and credit unions were hurt the most. The little guys. Each of these small financial institutions lost hundreds of millions of dollars to the big banks.
But consumers ultimately paid the price in higher bank fees, lower interest paid on their savings and investments that went down when they should have gone up. The bottom line is that the greedy Big Banks padded their big bottom lines by taking money from everyone else. They won when they shouldn’t have won — and the little guys lost when they shouldn’t have lost.
How the Fallout Could
Cause the Next Crash
Investment banker and Wall Street insider James Rickards says the rate rigging scandal “is the greatest fraud in history ... and the greatest potential liability.”
You see, regulators are sure to hand out more Barclay-sized fines as they identify the other banks involved. But the real threat to the world economy will come when the lawyers start going after the banks with class action law suits.
That’s when all the banks could go belly up ... and trigger the next crash that’s been brewing for several years now. Rickards says he wouldn’t be surprised if the lawsuit awards shoot so high that Congress steps in and limits the amount of damages the banks have to pay. In other words, another government bailout for the banks. It won’t make the problem go away ... but it would kick the reckoning day a little further down the road. That’s the nature of the current corrupt system. The good ol’ boys protect each other ... ‘cause of course we need a banking system, right?
Or do we? Well, EVG members have an alternative...
Don’t Trust the Big Banks...
Become Your Own Bank!
One of our most popular EVG strategies – the “Bank of You” – just might get a little more popular before this scandal’s over. And safely reap ALL the profits for yourself. "
When I read this email from EVG, last week on my phone; I could not help but think about Atlantis, and how it disappeared after an agonizing fight between the force of light and darkness. The legend has that the continent was immersed under water after a sudden switch of the poles. This was uncanny because in the case of Atlantis it is said that negative human behaviors caused the end of what was once known for being the most advanced empire on earth until the elite of Atlantis became decadent greedy and arrogant as they were powerful.
It is possible that a group of Atlantis sages uses a kept a secret knowledge to destroy the continent and it's population in the face of the greed and level of arrogance of Atlantis elite.
Atlantis existed just like the CROOKED BANKERS are real and a DANGER to our civilization. We rarely see THEM but they are destroying our society. May be history is repeating itself and instead of a catastrophe our monetary system will just collapse?
If you are in doubt I advise for prudence and swift action. Ignoring the facts will not help you! Rich or not we must all make an effort to acknowledge the force above us.
Our monetary system is not based on actual value; it is WRITTEN ON PAPER; therefore I can imagine THE BIGGEST ECONOMIC CRASH in human history as the result of the biggest scam from a few GREEDY bankers.
Pray because prayer is powerful pray so that those responsible for destroying our financial system REPENT.
TAKE ACTION: Buy Gold and Silver. I am making this information available to you just in case it is not on your radar screen. I have created a new website Certain Income Money. There I am dedicating the result of my research to help people realize the value of commodities and diversify your assets. Listen this crash will happen; it is a matter of WHEN. I certainly hope that you will have diversified your investments for yourself and your family by then.
Sources: Mail Online; The Elevation Group; Socialist.org; Trading Places starring Eddie murphy; My Creative Imagination? - DR