2012-06-30washingtonsblog.com

Two stories this week prove once again that the big banks are literally criminal enterprises.

Initially, all of the big banks have engaged in Mafia-style "bid-rigging" of municipal bonds, to bilk money from every city in the nation ... to the collective tune of tens billions of dollars.

And Barclays and other large banks -- including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, Bank of America, UBS, Royal Bank of Scotland -- manipulated the world's primary interest rate (Libor) which virtually every adjustable-rate investment globally is pegged to.


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