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Thread: Trump pardons bankers?

  1. #1
    Palladium
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    Trump pardons bankers?

    https://www.blacklistednews.com/As_N...38/38/Y/M.html I owe you a crap load of money, so here is a pardon. While Americans celebrated the holidays, President Trump followed in the footsteps of his predecessors by acting in the interest of Wall Street and using the distraction to do something that was not in the best interest of the American people. He pardoned five megabanks for rampant fraud and corruption, which is especially notable because of the amount of money he owes them.

    Trump has been using Deutsche Bank since the 1990s, and Financial Times has reported that he now owes the bank at least $130 million in outstanding loans secured in properties in Miami, Chicago, and Washington. However, the report claimed that the actual number is likely much larger at $300 million.
    Boycott Israel now, avoid the rush.

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    Unobtanium osoab's Avatar
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    Re: Trump pardons bankers?

    During the week of Christmas, the Federal Register announced that the Trump Administration had issued waivers to Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank—all megabanks facing charges of fraud and corruption.

    The banks were involved in the LIBOR Scandal, in which they colluded to deliberately depress the rate at which they paid out on investments. By suppressing the London Interbank Offered Rate (LIBOR) at the beginning of an economic crisis in 2007, the megabanks were able to boost their earnings and to give their customers a false sense of security.
    I would guess that the banks were running it at the behest of fedgov and the Fed. Trump is just concealing it.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
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    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
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    .999 Unobtanium Horn's Avatar
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    Re: Trump pardons bankers?

    Prolly a boost to the son in laws credit rating also.

    How long ago was that Libor Scandal anyway? They bury it for like 8 years?

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