Jim Willie: The crack between the Anglo-Saxon bankers is now apparent

Berlin Wall crack by Gorgalore  /  Wikimedia *

From Jim Willie(1)
News come from a Hat Trick Letter subscriber who works at BNParibas in London. He wrote in early August:

“US authorities now going after RBS and Standard Chartered for money laundering. The crack between the Anglo-Saxon bankers is now apparent. Maybe bigger news will be coming out after Olympics are over. Just another observation. On my Bloomberg terminal, the bid/offer for Gold being quoted used to be dominated by Deutsche Bank and UBS. The waterfall declines were usually the handiwork of DBank. Over the last week or so, a new ticker has popped up making quotes which has started to set the price. It is ICBC (Industrial & Commercial Bank of China).”

Bill Murphy on the above:

“Wow! The Chinese banks are entering the room to counter the corrupt London protectors of the free world whose stock & trade consists of naked short contracts from corrupted accounts and illicit leveraged strategies emanating from putrid office buildings bearing monikers from the gold cartel.”

Harvey Organ:

And early this morning from Bloomberg, the above Willie announcement seems to be true:”

Deutsche Bank Among Four Said To Be In U.S. Laundering Probe, by Greg Farrell
Aug 18, 2012
Deutsche Bank AG (DBK) is among four European banks being investigated by U.S. regulators for alleged money-laundering violations, according to an attorney with knowledge of the matter.  Complete article HERE

Source: http://harveyorgan.blogspot.ca/2012/08/spanish-bad-loans-increase.html

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