Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

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  • 23 May, 2014  |
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The world's financial system is corrupt but do you know just how corrupt it is?

Allocated Gold Scam. In August 2005 Morgan Stanley was forced to settle a class-action law suit for duping their clients. The bank sold precious metal under false pretenses, claiming that it was bought and stored by the company when in fact the bank went ahead and invested in lesser value stocks and securities.



1 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Iran Contra. In the Iran Contra scandal, the Bank of Credit and Commerce International revealed how it aided the CIA and other intelligence agencies in laundering billions of dollars in financial fraud, illegal drugs deals, and other crimes.


2 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Fraudulent Foreclosure. Giant banks have been shown to have engaged in fraudulent foreclosure practices. The big banks used robo-signers to forge mortgage documents which led to many people losing their homes. This included people that never held any mortgages. Even president Obama was affected. Attorney generals from 40 states have launched investigations.


3 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Nazi Connections. In 1999 the BBC reported that the NAZIs were funded by American banks. According to unclassified documents, Manhattan Chase Bank froze the assets of Jews when it collaborated with German authorities during the war.


4 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Mortgage Scams. The Bank of America NA received financial incentives from a federal program to assist homeowners get mortgage-loan modifications. However, it prevented the home owners from receiving these modification programs that could have saved them millions of dollars in losses.


5 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Illegal Fees. In a massive fraud against American taxpayers and veterans, JP Morgan Chase and San Franciscos Wells Fargo Bank of America and appeared on the list of 13 banks and mortgage lenders that charged military veterans illegal fees to refinance their home loans. In order to conceal the illegal fees, the banks and mortgage companies inflated the legal charges.



6 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Manipulating Interest Rates. Morgan Stanley was exposed for its part in hiking interest rates. Unsealed documents revealed that the global bank cabal colluded and schemed for many years to manipulate the interest rates.


7 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Insider Trading. Research indicates that most cases of bank fraud usually involve the banks insiders. More than half of these cases usually involve chief executives, finance directors, and other senior managers.


8 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Dirty Money. Recently, HSBC were accused in a report by the senate of exposing the American economy to money from Saudi Arabian terrorists, rogue regimes in Cuba and Korea, and Mexican drug cartels.


9 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)

Drug Money. In 2009 the United Nations' drug and crime tsar reported to The Observer that drug money to the tune of billions of dollars saved the financial system from going under during the global crisis.


10 Crazy Stories That Show How Corrupt Our Banks Are (10 pics)



№1 Author: Dallizzt (23 May 2014 02:59) Total user comments: 1467


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That's great, they have all this evidence on them but what is done to stop it further? Not a damn thing.
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№2 Author: adzhoe (23 May 2014 05:00) Total user comments: 15112


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greed and profit...
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№3 Author: Dud76 (23 May 2014 11:25) Total user comments: 183


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Oy vey!
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№4 Author: saint357 (23 May 2014 13:30) Total user comments: 2366


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Two things to poing out here: 1) didn't the goverment bail them out as well and 2) why are they spending so much time, the goverment that is trying to get an NFL team, to change their name when there really is so many other pressing issues that are more important like the economy? I'll tell you why because we the working class have been propping their asses up for so freaking long we forgot what true freedom is. :02:
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№5 Author: Phynix4 (23 May 2014 15:03) Total user comments: 5461


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no bail outs!
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№6 Author: Ano (24 May 2014 03:15) Total user comments: 0


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Read the post with a critical mind. Use your brains please.
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№7 Author: k0mmon (25 May 2014 17:16) Total user comments: 90


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NOBODY'S GONNA DO SHIT ABOUT IT THOUGH!!!!, AND THAT'S THE PROBLEM, just like everyone else, I HATE THE GOV., if they were not corrupt and deceitful then i'd trust them, but since they're not this BS is going to continue......and nobody's gonna do a damn thing....except.. :25: :67: :79:
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