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It looks like we may need to depend on other countries to rein in the banking criminals in this country since they pretty much own DC.
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The banks in the Cade probe are Bank of America Merrill Lynch , Bank of Tokyo-Mitsubishi UFJ [MTFGTY.UL], Barclays Plc , Citigroup Inc , Credit Suisse Group AG , Deutsche Bank AG , HSBC Holdings Plc , JPMorgan Chase & Co , Morgan Stanley & Co , Nomura Holdings Inc , Royal Bank of Canada , Royal Bank of Scotland Group , Standard Bank Group Ltd , Standard Chartered Plc and UBS AG .
I
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n a statement, Cade said the banks colluded to influence benchmark currency rates in Brazil by aligning positions and pushing transactions in a way that deterred competitors from the market between 2007 and 2013, at least. Traders who described themselves as "The Cartel" or "The Mafia" used online chat rooms to fix their positions ahead of market trades.
Free Market Competition among banks and among Corporations for that matter is for suckers. Lets collude and conspire to rape the muppets.
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