Blog 25

Any bank that loses, spends, gambles or in any way compromises its depositors money, effectively creates money that doesn't exist or lends more money than it has on deposit  is fraudulent. Whenever I come across an item of news that reports on the less than honest dealings of a bank I will post it here.

This will of course only be the tip of a very big iceberg.
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2009-02-19 SAN FRANCISCO The Department of Justice (USA) said late Wednesday that Swiss bank UBS agreed to pay $780 million in fines, penalties, interest and restitution over criminal charges it helped certain US taxpayers evade taxes. UBS also agreed to exit the business (?) of providing banking services to US clients with undeclared accounts and to turn over the identities of US customers with such accounts.

IN OTHER WORDS GUILTY OF FINANCIAL FRAUD

A candidate for the International League of Fraudulent Bankers

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2009-11-04 USA The number of US banks that went bankrupt since the beginning of the 2008/9 financial crisis [thereby stealing their depositors money] topped 100 during the month of October 2009. By the beginning of 2010 the number of bank failures had topped 160.

IN OTHER WORDS EACH OF THEM WAS GUILTY OF FINANCIAL FRAUD

All candidates for the International League of Fraudulent Bankers  [Except of course they no longer exist] 

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The Fraudulent Bankers - A film no one dares make HERE. Also check this out.