Operation Deimos
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Operation Deimos
Apocalypse 3:2-3 (NIV)
Curated by OverSoul
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Suggested by Operation Deja Vu
March 20, 2014 3:29 AM
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BofA, Citigroup, Credit Suisse Sued by FDIC Over Libor

BofA, Citigroup, Credit Suisse Sued by FDIC Over Libor | Operation Deimos | Scoop.it
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011.
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Suggested by Operation Deja Vu
March 17, 2014 1:33 PM
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Wall Street bonuses now third highest on record after 15% jump in 2013

Wall Street bonuses now third highest on record after 15% jump in 2013 | Operation Deimos | Scoop.it
The average bonus paid to securities industry employees in New York City grew 15% last year to more than $164,000
OverSoul's insight:

Has anything changed on Wall Street?  Hell no.

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March 11, 2014 12:00 PM
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Gold is now the latest bank price-fixing scandal | Quartz

Gold is now the latest bank price-fixing scandal | Quartz | Operation Deimos | Scoop.it
As if there weren't enough reasons to cast a jaundiced eye on the banking system, Bloomberg reports that several international banks are now accused of manipulating a key benchmark, known as the gold fix, in the $20 trillion gold market. The charges of fixing gold prices in London are being leveled at Barclays, Deutsche Bank, ScotiaMocatta...
OverSoul's insight:

F.Y.I.

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Suggested by Operation Deja Vu
March 6, 2014 11:00 AM
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Irish trader suspended amid international forex scandal - Independent.ie

Irish trader suspended amid international forex scandal - Independent.ie | Operation Deimos | Scoop.it

The individual, a London-based senior figure at one of the world's big international banks, was suspended in September but has not been formally accused of any wrongdoing.

OverSoul's insight:

F.Y.I.

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March 3, 2014 3:07 PM
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12 Banker Suicides Linked to JP Morgan Investigation for Forex Manipulation - AMTV

Why are so many bankers being killed? What do they all have in common? Who is next on the list? Steve & V explain on The Hagmann & Hagmann Report. 

OverSoul's insight:

Take a good long look at this video but, parents should take note: This video contains strong language (the audio portion is uncensored).


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Suggested by Operation Deja Vu
March 2, 2014 6:02 PM
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It’s a Scary Time to Be Super-Rich in Ukraine

It’s a Scary Time to Be Super-Rich in Ukraine | Operation Deimos | Scoop.it
Certain oligarchs helped fuel the protests that toppled Yanukovych. Others have been targets, too. Most favor closer trade with Europe
OverSoul's insight:

F.Y.I.

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February 25, 2014 1:04 AM
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HSBC accused of 'soar-away boardroom greed' as it pays bonuses - Daily Mail

HSBC accused of 'soar-away boardroom greed' as it pays bonuses - Daily Mail | Operation Deimos | Scoop.it

Global banking giant HSBC was accused of 'soar-away boardroom greed' today as it revealed plans to swerve an EU cap on huge bonuses.

 

Read more: http://www.dailymail.co.uk/news/article-2566636/HSBC-accused-soar-away-boardroom-greed-pays-2-3billion-bonuses-reveals-plan-avoid-EU-cap-payouts.html#ixzz2uJKntTrD
Follow us: @MailOnline on Twitter | DailyMail on Facebook

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February 24, 2014 8:18 PM
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HSBC hands allowances to more than 1,000 bankers to avoid EU bonus cap | The Guardian

HSBC hands allowances to more than 1,000 bankers to avoid EU bonus cap | The Guardian | Operation Deimos | Scoop.it
Britain's biggest bank awards staff 'fixed pay allowances' to side-step restriction on bonuses imposed by Brussels Britain's biggest bank, HSBC, has inflamed the row over City pay by awarding allowances to more than a thousand of its top staff,...
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Suggested by Operation Deja Vu
February 24, 2014 7:41 PM
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Obama's TPP Negotiators Received Huge Bonuses from Big Banks

Obama's TPP Negotiators Received Huge Bonuses from Big Banks | Operation Deimos | Scoop.it

A controversial trade deal being touted by the White House is expected to give American corporations broad new authority if approved. Now according to newly released documents, big banks gave millions to the execs that are now orchestrating the agreement.

OverSoul's insight:

F.Y.I.

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February 23, 2014 7:48 PM
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More bankers charged over Libor rigging

More bankers charged over Libor rigging | Operation Deimos | Scoop.it
Prosecutors are casting their net wider in the long-running Libor interest rate rigging investigation, revealing charges Monday against three former employees of Barclays.
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February 22, 2014 12:58 PM
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Global tax avoidance - a trillion dollar evil

Global tax avoidance - a trillion dollar evil | Operation Deimos | Scoop.it
With the world's most powerful finance ministers meeting in Sydney this weekend, the G20 is well placed to tackle the problem of multinational companies avoiding tax, writes Tom Allard.
OverSoul's insight:

The G20 is the perfect place to deal with a lot of problems, but the patrons of greed will undermine any efforts to end tax avoidance.

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February 18, 2014 3:35 PM
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Forex scandal widens as Bank of England launches probe - London Evening Standard

Forex scandal widens as Bank of England launches probe - London Evening Standard | Operation Deimos | Scoop.it
The Bank of England has launched a “full legal review” into claims that its officials gave tacit approval to collusion among foreign-exchange traders, now part of a major international investigation.
OverSoul's insight:

Lock up the guilty, throw away the keys and watch the victims cheer.

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Suggested by Operation Deja Vu
February 16, 2014 2:49 AM
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Bank Manager, Submitter Face Fines in U.K. Libor Probe | Bloomberg

Bank Manager, Submitter Face Fines in U.K. Libor Probe | Bloomberg | Operation Deimos | Scoop.it
The U.K. markets regulator notified a bank manager and a rate submitter that they face penalties for their involvement in manipulating benchmark rates in the first civil cases against individuals in the global probe.
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Suggested by Operation Deja Vu
March 20, 2014 3:28 AM
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Bad Bank on Lake Michigan

Bad Bank on Lake Michigan | Operation Deimos | Scoop.it
China Cinda Asset Management has always been opaque. Even after its $2.5 billion initial public offering last year, questions persist as to how exactly the “bad bank” makes money on distressed assets.
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March 12, 2014 2:00 PM
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Conway businessman pleads guilty to bank fraud and tax evasion

Conway businessman pleads guilty to bank fraud and tax evasion | Operation Deimos | Scoop.it
The owner and president of the Hallmark Institute of Photography in Conway pleaded guilty for using millions of company funds to pay for personal expenses.
OverSoul's insight:

F.Y.I.

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March 8, 2014 7:16 AM
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Co-op bank considered Paul Flowers to be a 'perfect choice' as chairman

Co-op bank considered Paul Flowers to be a 'perfect choice' as chairman | Operation Deimos | Scoop.it
Co-op Bank's boardroom review shows Paul Flowers was praised by fellow directors for his 'thorough preparation' The disgraced Methodist minister Paul Flowers was described as the "perfect choice" to lead the Co-operative Bank, according to a review...
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March 3, 2014 3:11 PM
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Gold Fix Study Shows Signs of Decade of Bank Manipulation

Gold Fix Study Shows Signs of Decade of Bank Manipulation | Operation Deimos | Scoop.it

The London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.

OverSoul's insight:

F.Y.I.

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March 2, 2014 7:22 PM
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Mexico scandal is another humbling lesson for Citigroup’s sprawling global bank

Mexico scandal is another humbling lesson for Citigroup’s sprawling global bank | Operation Deimos | Scoop.it
Citigroup can't seem to get out of its own way. The sprawling global banking giant finds itself once again ensnared in an international business scandal—this time in Mexico—which threatens to ding its bottom line. The latest problem for Citi, which could potentially deliver a blow to its reputation, centers on a Mexican fraud scandal that has...
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Suggested by Operation Deja Vu
March 2, 2014 6:00 PM
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U.S. and Britain Join Forces in Bank Misbehavior Cases

U.S. and Britain Join Forces in Bank Misbehavior Cases | Operation Deimos | Scoop.it
British and American authorities investigating bad behavior at large banks have reached an uneasy truce.
OverSoul's insight:

F.Y.I.

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February 24, 2014 10:15 PM
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How the Bankers Stand to Profit from the Trans-Pacific Partnership - Susanne Posel

How the Bankers Stand to Profit from the Trans-Pacific Partnership - Susanne Posel | Operation Deimos | Scoop.it

Concerning the future of the Trans-Pacific Partnership (TPP), the president is expected to accelerate talks and negotiations to play import/export with other nations to ensure profits for rich countries and control one-third of global trade.

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Suggested by Operation Deja Vu
February 24, 2014 7:45 PM
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Libor Traders Said to Face U.K. FCA Fines of Up to $4.2 Million | Bloomberg

Libor Traders Said to Face U.K. FCA Fines of Up to $4.2 Million | Bloomberg | Operation Deimos | Scoop.it

While the penalties wouldn’t set records, “these fines are unusually high and reflect the severity of the Libor scandal and the regulator’s view of the behavior that has taken place,” said Richard Burger, a regulatory lawyer in London.

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February 23, 2014 8:01 PM
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Powerful banker used inside info to trade through ex’s account: SEC

Powerful banker used inside info to trade through ex’s account: SEC | Operation Deimos | Scoop.it

Perk Hixon, a powerful New York investment banker, on Friday become the latest Wall Street high-flyer to crash into Manhattan US Attorney Preet Bharara’s sprawling insider-trading probe.

OverSoul's insight:

Voters have "zero tolerance" for well-heeled thieves, so this will come as good news to those who want to see more long sentences for the parasites of finance.

 

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February 23, 2014 5:13 PM
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Worse than Wal-Mart: Amazon’s sick brutality and secret history of ruthlessly intimidating workers

Worse than Wal-Mart: Amazon’s sick brutality and secret history of ruthlessly intimidating workers | Operation Deimos | Scoop.it

  You might find your Prime membership morally indefensible after reading these stories about worker mistreatment
    

OverSoul's insight:

Boycott Amazon.com. We do, and you should too. Don't feed the beast that bites you without cause.

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Suggested by Operation Deja Vu
February 20, 2014 5:57 PM
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British Regulator Warns Two of Potential Libor Charges | DealBook

British Regulator Warns Two of Potential Libor Charges | DealBook | Operation Deimos | Scoop.it
The Financial Conduct Authority, one of Britain’s financial regulators, has issued warnings to two individuals that it planned to charge them for misconduct related to the rigging of Libor.
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Suggested by Operation Deja Vu
February 18, 2014 12:16 AM
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Apple Admits Its Suppliers' Role in Illegal Mining - Businessweek.com

Apple Admits Its Suppliers' Role in Illegal Mining - Businessweek.com | Operation Deimos | Scoop.it
Apple (finally) acknowledges its connection to illegal tin mining
OverSoul's insight:

If you didn't know, now you do.

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