Amazing King World News Interview - Some Big Banks are Criminals, Charges FiledSubmitted by OneTinSoldier on Sat, 10/08/2011 - 12:23
Amazing Interview with Harry Markopolos, the man that fingered Bernie Madoff, by Eric King of King World News.
In this interview, according to Mr. Markopolos, BNY Mellon and State Street Banks have been involved in criminal thievery... for decades. A Civil lawsuit has been filed. Robbing people's pension funds through manipulation of foreign exchange markets is given as a prime example. He states that about 20% of the Banks profits have been in this manner. He talks about how the Banks are not winning any points whatsoever with the State of New York's Attorney General, by talking and acting as if they are above the law. Mr. Markopolos says that Criminal charges have not been filed because, if they were, the banks would go down as insolvent, within a week.
I found this to be simply amazing. This is the type of thing that I have been waiting for. I am eagerly awaiting the findings and outcome of these cases. According to Mr. Markopolos, the Government is ready to go to trial immediately, but the Banks are trying to avoid setting a date.
I don't know if you'll find this as fascinating as I did, but I encourage everyone to listen to this amazing interview!
Article by streetinsider on filing of Civil Lawsuit: