Two stories this week prove once again – that the big banks are literally criminal enterprises.

Initially, all of the big banks have engaged in Mafia-style “bid-rigging” of municipal bonds,

to bilk money from every city in the nation

… to the collective tune of tens billions of dollars.

And Barclays and other large banks

– including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, Bank of America, UBS, Royal Bank of Scotland –

manipulated the world’s primaryinterest rate (Libor)

which virtually every adjustable-rate investment globally is pegged to.

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Read the rest here