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In reply to the discussion: LIBOR scandal: 'This goes much, much higher than me,' says trader at center of probe... [View all]Octafish
(55,745 posts)11. Heartbreaking. I once believed such things impossible...
Then things became too obvious to ignore. We need to re-set the program.
Baron de Rothschild and Prescott Bush, sharing a moment and a bit o' information in this small world, back in the day...
Rothschild and Freshfields founders had links to slavery, papers reveal
By Carola Hoyos
Financial Times
Two of the biggest names in the City of London had previously undisclosed links to slavery in the British colonies, documents seen by the Financial Times have revealed.
Nathan Mayer Rothschild, the banking familys 19th-century patriarch, and James William Freshfield, founder of Freshfields, the top City law firm, benefited financially from slavery, records from the National Archives show, even though both have often been portrayed as opponents of slavery.
Far from being a matter of distant history, slavery remains a highly contentious issue in the US, where Rothschild and Freshfields are both active.
Companies alleged to have links to past slave injustices have come under pressure to make restitution.
JPMorgan, the investment bank, set up a $5m scholarship fund for black students studying in Louisiana after apologising in 2005 for the companys historic links to slavery.
CONTINUED (with registration, etc) ...
http://www.ft.com/cms/s/0/7c0f5014-628c-11de-b1c9-00144feabdc0.html
What used to be "conspiracy theory" evolves to "the way it is."
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LIBOR scandal: 'This goes much, much higher than me,' says trader at center of probe... [View all]
Octafish
Feb 2013
OP
If this were Iceland yes. In America there won't be any deafening heights because sports and
DogPawsBiscuitsNGrav
Feb 2013
#2
Except that this has been going on since long before the collapse. This is an industry of thieves
Egalitarian Thug
Feb 2013
#19
I Agree Prosecution In Europe Is Far More Likely That Prosecution Here, Sir
The Magistrate
Feb 2013
#18
The interest rates should be rigged by official quasi-governmental action, like in the United States
FarCenter
Feb 2013
#4
Those of us trying to move UPWARD have difficulty in seeing/accepting the tentacles of those
WinkyDink
Feb 2013
#12
every bank or insurance co in existence during slavery times profited from it. and if you dig
HiPointDem
Feb 2013
#22