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Big Banks Fined $5.7 Billion After Pleading Guilty To Global Currency Conspiracy

Thursday, May 21, 2015 9:27
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Source: wwwtruthinmedia.com | Original Post Date: May 20, 2015 –

big-banks-fined-5-7-billion-after-pleading-guilty-to-global-currency-conspiracy

On Wednesday, the Department of Justice announced that five major banks – Barclays, Royal Bank of Scotland, JPMorgan Chase, UBS and Citigroup – will be fined approximately $5.7 billion after pleading guilty to crimes involving the manipulation of global currencies and interest rates.

The DoJ noted that four of the banks – Citigroup, JPMorgan Chase, Barclays and the Royal Bank of Scotland – have been forced to plead guilty to antitrust violations in the foreign exchange market, after they allegedly worked together to enhance their profits by manipulating the $5-trillion-a-day foreign exchange market to $10 billion.

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Source: http://soundofheart.org/galacticfreepress/content/big-banks-fined-57-billion-after-pleading-guilty-global-currency-conspiracy

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  • and the little guy goes to prison for failing to pay a little tax or for smoking doobies.

    JAIL TIME FOR THIEVES, BIG AND SMALL!

    FINES ARE NOT ENOUGH!!!!

  • Anyone that lost funds while trading in currencies should get all their funds returned.

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