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Forum Post: Judge Rules Banks not culpable for LIBOR fraud if they defrauded all of main street equally.

Posted 1 year ago on April 3, 2013, 5:15 p.m. EST by DebtNEUTRALITYpetition (631)
This content is user submitted and not an official statement

This is a shocking development when it comes to making peaceful change by using the courts to combat banking fraud.

http://swarmthebanks.blogspot.com/2013/04/judge-rules-in-favor-of-libor-fraud.html

Hat tip to Builder for sharing the original story link on another topic.

8 Comments

8 Comments


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[-] 2 points by beautifulworld (20532) 1 year ago

Screw the people is what the courts say. This is very important. Thank you for posting. It is the whole crux of why we occupied Wall Street in the first place.

Also see:

http://www.huffingtonpost.com/2013/04/01/banks-libor-lawsuits-dismissed_n_2994198.html

[-] 1 points by mideast (506) 1 year ago

Publicizing this travesty is a good start.
But, ultimately, we can rant and rave about the banksters -
taking full advantage of the laws and the system.
OR
we can do something about it.


to change the system,
we need to change the law to make sure the 1% are properly restrained


to change the law,
we must elect pro-99% politicians who will be responsive to the people - not the corporations


to elect pro-99% politicians,
we must VOTE for electable candidates without an (R)


[-] 1 points by quantumystic (1710) from Memphis, TN 1 year ago

Lynch the judge.

[-] 1 points by DKAtoday (28259) from Coon Rapids, MN 1 year ago

Sorry to say - but that very well may happen - before some judges start living up to their jobs.

Politicians too.

And "THEY" will have no one to blame - But Themselves.

[-] 1 points by DebtNEUTRALITYpetition (631) 1 year ago

Åt some point, if judges actually see angry people showing up for court hearings, it might give them cause to consider their options, behind closed door threats by the money people who probably have something on them, or the public knowing who they are and that they the judge just screwed them over and trivialized their existence in the process.

Right now the judges aren't feeling enough heat from the public over banking issues.

As long as everyone is equally screwed over, the judge says its not a violation of the law, even though another party PROFITED from that action.

[-] 1 points by DKAtoday (28259) from Coon Rapids, MN 1 year ago

Protest of judgements must be made to the judges overseeing the case - in cases where there is wrong doing by the court - such as non-prosecution of Banksters/White-collar-criminals. Civil/State/Federal charges felony and non-felony criminal prosecution &/or civil suit.

[-] 1 points by DebtNEUTRALITYpetition (631) 1 year ago

I recall years ago when Jerry Brown was the California Attorneys General that his department was more interested in defending state officials than protecting consumers.

So there appears to be a bias against main street being instigated by those receiving tax payer money.

[-] 1 points by DKAtoday (28259) from Coon Rapids, MN 1 year ago

The measure should be ( Should Be ) the good/health/prosperity of ALL - Not the good of the rare few.