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  • Cara posted an update 8 years, 8 months ago

    Aside from noting that we should not be surprised to find the usual suspects in the financial sector conspiring, I wonder what Catherine Austin Fitts would say about this?
    http://wallstreetonparade.com/2017/08/wall-street-banks-sued-again-for-conspiring-to-control-a-market/

    • From the article:
      “The plaintiffs in the case thus far are the Iowa Public Employees’ Retirement System, the Orange County Employees Retirement System, and the Sonoma County Employees’ Retirement Association. The lawsuit is seeking class action status in order to represent others similarly harmed.”

    • And:
      “The plaintiffs’ lawyers are asking for treble damages and they conveniently provide the court with the history of how the defendants have admitted to engaging in conspiracies to rig markets in the past.”

    • And:
      “In 2014 the Senate opened hearings and an investigation into the sprawling tentacles of Wall Street banks in the ownership of physical commodities and non-financial corporations. In one hearing, Senator Sherrod Brown stated that “the six largest U.S. bank holding companies have 14,420 subsidiaries, only 19 of which are traditional banks.””