Can’t argue his thought process – probably 300 million Americans feel the same way.
US banks no longer ‘too big to fail’, says Tucker
The deputy governor of the Bank of England has declared an end to the era of taxpayer bail-outs for the world’s giant lenders.
Almost five years to the day since the collapse of Lehman Brothers triggered the worst financial crisis since the 1930s, Paul Tucker claimed that America’s biggest banks are now in a position to go bust without state intervention.
They forgot the “I” in FX… This is why every homeowner with an ARM or LIBOR based rate loan should incorporated a rigged LIBOR rate claim and argument into their Answer…and serve discovery with it!
DOJ Said to Open Criminal Probe of FX Market Rigging
The U.S. Justice Department has opened a criminal investigation of possible manipulation of the $5.3 trillion-a-day foreign exchange market, a person familiar with the matter said.
The Federal Bureau of Investigation, which is also looking into alleged rigging of interest ratesassociated with the London interbank offered rate, or Libor, is in the early stages of its currency market probe, said the person, who asked not to be identified because the inquiry is confidential.
Deadly Clear 