OK | RESET

SUCHEN

Alle Meldungen durchsuchen  



FUSION Nr 1/2013


FUSION Nr 2/2012


FUSION Nr 1/2012


FUSION Nr 3/2011


FUSION Nr 2/2011


FUSION Nr 1/2011


FUSION Nr 2/2010


FUSION Nr 1/2010

BÜCHER


Das Geheimnis
der Wirtschaft -
Lösung der
globalen Systemkrise:
Trennbankensystem
und produktive Kreditschöpfung


Schiller-Institut:
Die Weltlandbrücke
wird Realität

Jetzt mit Leseprobe:
Vorwort: Das Ende
der "freien"
Marktwirtschaft -
Wir brauchen
Gesetze zur Rettung
des Gemeinwohls!


Lyndon LaRouche: Die kommenden 50 Jahre

Das Prinzip von Entwicklung: Dynamik, nicht Statistik

Von der Ehrlichkeit gegenüber der Natur

Max Planck zum 150. Geburtstag

Überlegungen zur Klimahypothese:
Von der Physik der Atmosphäre aus gesehen, gibt es kein Klima. In der Atmosphäre spielt nur das Wetter eine Rolle.

+++ 1. August 2012 +++

Geithner Gets Pinned on Libor Coverup before Congress

While members of the LaRouche Political Action Committee rallied outside, Treasury Secretary Timothy Geithner had to face some pointed questions about his complicity in covering up the crime of Libor interest-rating fixing last week. He appeared before the House Financial Services Committee on July 25 and the Senate Banking Committee July 26, to present the annual report of the Financial Stability Oversight Council. Instead, by the conclusion, he found himself pinned into admitting that he had failed to act to stop a financial crime - a crime which, in reality, led to widespread suffering, and even deaths, in localities through the U.S. and Europe.

On the eve of the testimony, the New York Federal Reserve Bank, which Geithner headed in 2007-8, was served with a third document request from the Subcommittee of Oversight and Investigation of the House Financial Service Committee, on the issue of the Libor crime. Subcommittee head Republican Rep. Randy Neugebauer demanded all communications about Libor from August 2007 to the present, among all New York Fed employees, and between them and employees of any of the 16 banks that set Libor rates, and any U.S. and foreign government agencies.

Geithner may have hoped to avoid the issue, but he was pressed repeatedly, in both Houses, to answer the most embarrassing question: "Did you report the criminal behavior of the rigging of the Libor rate to the Department of Justice?" After hemming and hawing at some length, he was forced to admit: "No, I did not."

Geithner's admission lays him open to prosecution. For not only do some of the emails so far released by the Bank of England indicate that he was involving in setting the fraudulent rates, but he also is under obligation, as a Fed official, to report criminal activity. As former Special Inspector General of the TARP program Neil Barofsky has pointed out about the Libor-rigging in repeated public appearances, "This was a scheme to defraud. This is textbook securities fraud.'' If Geithner refused to report it, and in fact used the fraudulent figures, he is guilty of a coverup, or worse.

Will Geithner be held responsible for Libor, and other crimes he committed for Wall St. and London bankers under the Obama Administration? That will largely depend on the decisions taken by the political forces now coalescing with LPAC in favor of Glass-Steagall and a new credit system, in the weeks ahead.



~ deutsch + english ~
Weltweit
Alle Themen

Weitere Meldungen

+++ 24. Mai 2013 +++

Iranian Nuclear Weapons Would Not Be a Threat, a RAND Corporation Study Finds

While the United States Senate just voted up – unanimously – a resolution to support Israel, including with military means, in the event of an Israeli attack on Iran's nuclear program, and that, after... [weiter]

+++ 24. Mai 2013 +++

Manifesto: To End the Agony, Spain Must Leave the Euro

One year ago, when the LaRouche Movement in Spain was founded, it was virtually the sole voice on the political landscape organizing for the country to leave the Eurozone. That's no longer the case, a... [weiter]

+++ 24. Mai 2013 +++

Durchbruch in den USA: Senator Harkin stellt Glass-Steagall-Antrag

Am 16.5. 2013, auf den Tag genau 80 Jahre, nachdem das ursprüngliche Glass-Steagall-Gesetz im Kongreß eingebracht worden war, legte der demokratische Senator Tom Harkin aus Iowa im US-Senat den Antrag... [weiter]

+++ 24. Mai 2013 +++

Neues Gesetz zur „Bankentrennung“ in Deutschland läßt Spekulanten aufatmen

Am 17.5. stimmte der deutsche Bundestag mehrheitlich für ein Gesetz zur Bankenumstrukturierung, das von der Bundesregierung als „das erste Bankentrennungsgesetz in Europa“ propagiert wird. Faktisch hä... [weiter]

+++ 24. Mai 2013 +++

Pope Francis Calls for Financial Reform

Two months after his election, Pope Francis has spoken out forcefully against the dictatorship of the financial markets, which is reducing humanity to misery. Speaking in front of the ambassadors of K... [weiter]

+++ 24. Mai 2013 +++

Bundestag Passes Phoney "Bank Separation" Law

On May 17, the German Bundestag passed a bank restructuring bill touted by the government as the "first bank separation law passed in Europe." In fact, the law is a far cry from what the government cl... [weiter]

+++ 17. Mai 2013 +++

Breakthrough in the United States:
Senator Harkin Introduces Bill to Reinstate Glass-Steagall

May 16, 2013, on the 80th anniversary of the introduction of the original Glass-Steagall Act alldopted under President Franklin Roosevelt in 1933, Democratic Senator Tom Harkin of Iowa introduced Sena... [weiter]

+++ 17. Mai 2013 +++

Austrian Government: Arming the Syrian Opposition Is Illegal under International Law

The Austrian government has issued an official position paper, now circulating among EU member states, in opposition to the British-French proposal for lifting the arms embargo in Syria. Dated May 13,... [weiter]

+++ 17. Mai 2013 +++

Benghazi, Political Targetings, Blanket Confiscations:
Impeachment Hangs over Obama

Salon.com ran a banner headline on May 14, asking "Which Obama scandal will inevitably lead to impeachment?" "The IRS, the AP or Benghazi?" Indeed, the White House was still being rocked by the hearin... [weiter]

+++ 17. Mai 2013 +++

French Party Presents Draft Bill for Glass-Steagall-Type Bank Separation

Not only the French government, but all other political forces in France, from the far left to the far right, have given up the fight against the financial casino and for an actual separation of the b... [weiter]

+++ 14. Mai 2013 +++

Brecht aus dem Euro aus, um die Finanzoligarchie zu besiegen!

Das große deutsche Magazin Focus berichtete in seiner Ausgabe vom 13.5., was wir schon schon mehr als einen Monat zuvor aufgedeckt hatten: daß die EU das „Zypern-Modell“, d.h. die Enteignung von Bankg... [weiter]

+++ 14. Mai 2013 +++

“Benghazigate”: Threat of Impeachment Hangs over Obama

A potentially historic hearing took place on May 8 before the House Oversight and Government Reform Committee on the terrorist attacks in Benghazi, Libya on September 11, 2012. Despite the explosive r... [weiter]

+++ 14. Mai 2013 +++

Ex U.S. Defense Minister Robert Gates Opposes Intervention into Syria

When Israeli air strikes against Syria on May 3 and 5 brought the Middle East and the world as a whole to the very edge of war, leading circles in Russia and the United States and China intervened at ... [weiter]

+++ 14. Mai 2013 +++

Glass-Steagall LaRouche-Aktionskomitee demonstriert Stärke in Washington

Ab dem 6.5. veranstaltete das LaRouche-Aktionskomitee eine intensive Aktionswoche in Washington, in der es auf sämtliche Ebenen der Regierung einwirkte, um den Druck auf den US-Kongreß, das Glass-Stea... [weiter]

+++ 14. Mai 2013 +++

Global Times: Schiller Institute Rep. Comments on “Chinese and American Dreams”

Since taking office, Chinese President Xi Jinping, who is also the head of the Communist Party, has sounded the theme of the "China Dream" of economic, social, and political progress, to reduce the va... [weiter]

+++ 10. Mai 2013 +++

Week Of Action in Washington:
Pass Glass-Steagall Bank Separation Law Now!

The LaRouche Political Action Committee held a week of action in the United States from May 6-10 to rally support for immediate legislation to restore a strict separation of banks, in compliance with ... [weiter]

+++ 10. Mai 2013 +++

An Urgent Appeal for Glass-Steagall from Helga Zepp-LaRouche

Helga Zepp-LaRouche, founder of the international Schiller Institute, issued an urgent appeal from Germany for the citizens of the United States and the U.S. Congress to immediately act to reinstat... [weiter]

+++ 10. Mai 2013 +++

New Greek Party Calls for Return to Drachma and Bank Separation

The new party, which wants Greece to leave the Eurozone, is called the Greek Democratic Five-Star Movement, abbreviated as the Drachma Five, the five standing for the basic positions of the party: 1)... [weiter]

+++ 10. Mai 2013 +++

Syria Crisis: Russia and United States Agree on a Major Diplomatic Move

Following a visit of U.S. Secretary of State John Kerry to Moscow, May 7, and his discussions with his counterpart Sergei Lavrov and with President Putin, it was announced that Russia and the United S... [weiter]

+++ 10. Mai 2013 +++

Syrian General Idriss, Handpicked by the West, Admits He Controls Nothing

The Free Syrian Army (FSA), it turns out, is little more than a brand name, with little substance, if any, in the Syrian opposition. The person picked by the West to head the military opposition to th... [weiter]

+++ 7. Mai 2013 +++

Alternative für Deutschland:
Eurokritik als Deckmantel für National-Monetarismus

Die neue Partei „Alternative für Deutschland“ (AfD), die im Februar als vermeintliche „Anti-Euro-Partei“ gegründet wurde, erregt ungewöhnlich viel Aufmerksamkeit in den etablierten Medien. Viele Bürge... [weiter]

Weiter zurückliegende Meldungen