If you think these scams are just taking place in the United States, check out this video of Barclays Bank in the UK.
Barclays Chief Executive Bob Diamond has stepped down amid growing political and public pressure due to the interest rate fixing scandal. Diamond resigned as chief executive as well as a director at the bank with immediate effect, Barclay’s said. “The external pressure placed on Barclays has reached a level that risks damaging the franchise — I cannot let that happen,” Diamond said in a statement.GLOBAL BANKING ELITE: Barclays Bob Diamond CEO resignes, allegations of SCAMS he should go to JAIL
Last week Barclay’s paid $450 million to settle an investigation by British and American regulators over the bank’s involvement in a conspiracy to rig interbank rates between 2005 and 2009. Continue reading
Watch this video on Wall Street Conspiracy.