'Dump Trump': Tens of thousands join global march

'Dump Trump': Tens of thousands join global march
Demonstrators arrive on the National Mall in Washington, DC, for the 'Women's March on Washington' on January 21, 2017 (AFP Photo/Andrew CABALLERO-REYNOLDS)

March for Science protesters hit the streets worldwide

March for Science protesters hit the streets worldwide
Thousands of people in Australia and New Zealand on Saturday kicked off the March for Science, the first of more than 500 marches around the globe in support of scienceThousands of people in Australia and New Zealand on Saturday kicked off the March for Science, the first of more than 500 marches around the globe in support of science

Bernie Sanders and the Movement Where the People Found Their Voice

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) -

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)


Hong Kong's grandpa protesters speak softly but carry a stick

Hong Kong's grandpa protesters speak softly but carry a stick
'Grandpa Wong' is a regular sight at Hong Kong's street battles (AFP Photo/VIVEK PRAKASH)
.
A student holds a sign reading "Don't shoot, listen!!!" during a protest
on June 17, 2013 in Brasilia (AFP, Evaristo)

FIFA scandal engulfs Blatter and Platini

FIFA scandal engulfs Blatter and Platini
FIFA President Sepp Blatter (L) shakes hands with UEFA president Michel Platini after being re-elected following a vote in Zurich on May 29, 2015 (AFP Photo/Michael Buholzer)
"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Wall Street's 'Fearless Girl' statue to stay until 2018

Wall Street's 'Fearless Girl' statue to stay until 2018
The " Fearless Girl " statue on Wall Street is seen by many as a defiant symbol of women's rights under the new administration of President Donald Trump (AFP Photo/ TIMOTHY A. CLARY)



“… The Fall of Many - Seen It Yet?

You are going to see more and more personal secrets being revealed about persons in high places of popularity or government. It will seem like an epidemic of non-integrity! But what is happening is exactly what we have been teaching. The new energy has light that will expose the darkness of things that are not commensurate with integrity. They have always been there, and they were kept from being seen by many who keep secrets in the dark. Seen the change yet?

In order to get to a more stable future, you will have to go through gyrations of dark and light. What this means is that the dark is going to be revealed and push back at you. It will eventually lose. We told you this. That's what you're here for is to help those around you who don't see an escape from the past. They didn't get their nuclear war, but everything else is going into the dumper anyway. … “

Search This Blog

Wednesday, December 4, 2013

Banks fined record €1.7bn over benchmark interest rate rigging cartel

RBS, Citigroup and JP Morgan among banks fined by European commission for colluding to fix yen Libor and Euribor rates

theguardian.com, Jill Treanor, Wednesday 4 December 2013

The European commission said three banks and one broker had refused to
settle on other claims. Photograph: Olivier Hoslet/EPA

The interest rate-rigging scandal was reignited on Wednesday as the European commission levied a record €1.7bn (£1.4bn) fine on five major banks and a broking firm – including bailed out RBS – for colluding to fix crucial benchmark rates.

Joaquín Almunia, European competition commissioner, warned that further fines were on the cards as three banks and one broker had refused to settle on other claims being investigated by Brussels.

"This will not be the end of the story," said Almunia, who added that foreign exchange markets were also facing an investigation for potential manipulation.

The record-breaking fines – the first to be levied on a financial cartel – cover yen Libor and Euribor, the European equivalent of the rate set in London, and follow fines by financial regulators in the UK and US for attempts to manipulate the key interest rates.

"What is shocking about the Libor and Euribor scandals is not only the manipulation of benchmarks, which is being tackled by financial regulators worldwide, but also the collusion between banks who are supposed to be competing with each other," said Almunia.

For the first time two US banks – Citigroup and JP Morgan – were named in the interest rate scandal while other banks which had already been fined received fresh penalties. Royal Bank of Scotland will pay another £300m on top of £390m already handed over to US and UK regulators, adding to its public relations difficulties following a systems meltdown earlier this week and recent allegations, which it denies, that it has abused its small business customers.

Sir Philip Hampton, the chairman of RBS, said: "Today is another sobering reminder of those past failings and nobody should be in any doubt about how seriously we have taken this issue. The RBS board and new management team condemn the behaviour of the individuals who were involved in these activities. There is no place for it at RBS."

Barclays – the first bank to be fined for Libor rigging in June 2012 when it paid £290m – avoided another £570m fine for blowing the whistle on a cartel in Euribor while Swiss bank UBS escaped a £2bn fine for exposing the cartel in yen Libor rigging. The Swiss bank has already been fined £940m for offences related to the manipulation of the key benchmark rate.

The commission said the Euribor investigation focused on the period between September 2005 and May 2008 and the settlement involved Barclays, Deutsche Bank, RBS and Société Générale. In Yen Libor the banks involved in one or more of the infringements are UBS, RBS, Deutsche Bank, Citigroup and JP Morgan. The broker RP Martin facilitated one of the infringements by using its contacts with banks involved in settling Libor.

At a press conference to announce the fines, Almunia said more penalties would follow as some of the firms it had been investigating had failed to settle. "We would have preferred all the parties would have been ready to settle – it is easier for them and for us. Three banks and one broker informed us they were not ready to settle," he said.

This appeared to be reference to Crédit Agricole, HSBC and JP Morgan in relation to Euribor and the money broker Icap in relation to yen Libor.

JP Morgan said it has reached a €79m settlement over yen Libor but would defend itself against allegations of wrongdoing in relation to Euribor.

"Today's decision sends a clear message that the commission is determined to fight and sanction these cartels in the financial sector," Almunia said. "Healthy competition and transparency are crucial for financial markets to work properly, at the service of the real economy rather than the interests of a few."

The commission said these were the first two decisions concerning cartels in the financial sector since the start of the financial crisis in 2008.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.