Thursday, 26 July 2012

#MASSARRESTS US Mass Arrests IMMINENT #LIBOR

"US prosecutors and their European peers are understood to have contacted defence lawyers representing traders at banks such as Royal Bank of Scotland, Barclays and UBS to notify them arrests are imminent.

Prosecutors in Washington DC are understood to be furthest advanced towards making arrests. In the UK the Serious Fraud Office has said it will investigate the alleged manipulation of Libor and other interest rate benchmarks but has yet to make decision over whether there is enough evidence to prosecute.

Arrest and criminal charges are expected to be made within the coming weeks.

"The individual criminal charges have no impact on the regulatory moves against the banks," a European source familiar with the matter told Reuters. "But banks are hoping that at least regulators will see that the scandal was mainly due to individual misbehavior of a gang of traders."

The potential arrests will put more pressure on the SFO to take action in the UK. However it is still uncertain whether the UK white collar crime agency will be able to bring a prosecution. The Financial Services Authority is understood to have looked at the possibility and discarded it. ... (continues) ..."



Did you see the way the peeps in Bahrain (also oppressed by unjust laws/enforcement) deal with things?  Check it out (ADULTS ONLY) with: MASSIVE MOLOTOV POLICE ATTACK.


Source:


http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9420432/Libor-arrests-imminent-as-US-authorities-close-in.html



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