Two men have already pleaded guilty in the US to fraud offences linked to the rigging of Libor, for years the benchmark by which trillions of pounds of financial contracts are based.
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Operation Deimos
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Forget the ever-diminishing middle class, banksters have found a new target – prisoners. 
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A day after the US Treasury sought to plug loopholes that encourage companies to move their tax residence offshore via takeovers of foreign firms, leading business associations said it was the wrong way to slow the departure of US companies wanting to lower their tax bills.
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Hindu leader Rajan Zed said in a statement released Wednesday that the Hindu community is against the so-called yoga tax in D.C.
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Nikesh A. "Nik" Patel, the hotelier and banker hit with federal fraud charges , has been a prolific political donor this year.
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Plus, Retina Display iMacs, smack talk from Larry Ellison, monster leeches and robot octopi!
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New York trial ends as jurors decide Jordan-based bank knowingly financed payments for families of suicide bombers A US jury said on Monday Arab Bank Plc provided material support to Hamas, and must therefore compensate the victims of two dozen...
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I thought that the government rescue of General Motors initiated by the George W. Bush administration and expanded by Barack Obama was ill-advised.
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The letter writer calls those who want to maximize profits as "psychotic with greed" but calls businesses that provide goods and services as "urban blight" and "cruel and inhuman punishment."...
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Barclays’ dark pool seems to have catered to high-frequency traders, the very participants it claimed to protect against, a lawsuit contends.
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The Guardian Glencore tax bill on $15b income: zip, zilch, zero Sydney Morning Herald The aggressive tax avoidance tactics of Glencore Coal International Australia Pty Ltd have been identified in an independent analysis of the company's accounts...
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According to Reuters: The U.S. Treasury Department estimates that it loses about $100 billion a year in revenue due to offshore tax haven abuses.- Reuters
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Bank introduces daily fees in shake-up of overdrafts. A shake-up of overdrafts at Barclays, which took effect this week, could result in some people paying four or five times more than they did before, it is claimed.
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Authorities in three continents are probing allegations that dealers leaked confidential client information
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"We are all sinners, and we too can be tempted to take over the vineyard, because of that greed which is always present in us human beings. God's dream always clashes with the hypocrisy of some of his servants," the pope said.
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DILIGENT villagers have rallied to fight plans for 16 new homes as developers come back for ‘another bite at the planning cherry’.
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A former Las Vegas police detective has been charged with committing fraud while he investigated financial crimes.
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Banks and regulators have still not found a way to be sure of stopping traders from manipulating Libor, foreign exchange and other benchm
Anonymous Hades's insight:
In this case, there's no mystery or puzzle to be solved. Stiff prison sentences will go a long way toward reducing the culture of criminality in the banking industry.
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Chinese and European regulators crack down; PBOC readies for possible changing of the guard; European private lending down.
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City regulator slaps bank with record fine, the latest in a string of penalties, for failing to separate clients assets properly. Barclays is to be fined £38m for breaching City rules requiring clients funds to be kept separate from its own assets,...
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Barclays, Deutsche Bank executives to testify at tax avoidance hearing MarketWatch WASHINGTON (MarketWatch) -- Executives from the Barclays Capital division of Barclays (NYSE:BCS) and the Deutsche Bank Securities unit of Deutsche Bank (NYSE:DB)...
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Casablanca (Morocco) (AFP) - The scene was like an earthquake, but residents say the collapse of three buildings last week in Casablanca that killed 23 people was the...
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Multi-millionaire Nick Hanauer is no dummy. He sees the writing on the wall.
Anonymous Hades's insight:
Someone's going to Hell for horribly abusing the public trust. It's just a matter of time.
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A former Dutch bank trader pleaded guilty Tuesday to conspiracy involving manipulation of a financial benchmark used to set rates on trillions of dollars in loans worldwide.
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Iran executes the central player in a banking scandal that shocked the country in 2011.
Anonymous Hades's insight:
Story via #OpDejaVu.
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