Banksters

☆ London Interbank Offered Rate (LIBOR) Scandal Grows

News Analysis: Allegedly 38 American Banks were shut down, Circa 2008, due to their “Banking Brethren’s” Collusion on Daily Bank Rates. The London Interbank Offered Rate (LIBOR) Scandal grows to the point of involving some of the World’s Largest Banks; there is ‘No Honor Amongst Thieves’ many people declare.

Since the ‘Gravitational Pull of Money’, to some Bankers, is so strong (to the point of them Morphing into “Banksters”) perhaps Psychological Testing of Candidates for New Hires is needed by Banks.

The “Banksters” rob other Banks and the Public in amounts far exceeding that of any Conventional Crooks. Since the level of their Financial Gains is so elevated; so should also be their Personal Punishment Levels when found Guilty in Courts of Law.

Reality.

Reference: http://www.bbc.com/news/business-26584942

☆ Bankers Who Support Tax Evasion Are “Banksters”

News Analysis: Everybody living in their ‘Own’ Countries are expected to abide by, and respect their Laws (including Tax Laws). Moving their Monies to other Countries to escape Taxation may provide Immediate Financial Relief (but eventually, severe Grief). As we have maintained, from decades of International Exposure: “There Are No Long Term Secrets”.  To think that Tax Authorities cannot find ‘Illegal’ (in its broadest sense) Funds is Naïve.

Bankers Who Support Tax Evasion Are “Banksters” and will turn on their Depositors to “Save Their Own Hides”. It defies credibility when “Banksters” who are obviously engaging in Tax Evasion for their Depositors, plead Ignorance of the Transactions. Forensic Accountants can track the ‘Paper Trails’ of the Depositors and the subsequent hiding of Accounts by the “Banksters”. Legitimate Bank Employees can, and some have already, turned Account Records over to Tax Authorities. Unless EVERYONE working in a particular Bank is Corrupt, (unlikely), the foolish Banksters should expect to be revealed for what they are: Thieves Feigning Financial Legitimacy.

If one does not like the Tax Rates or other elements of a Country’s Tax System, he or she: May attempt to change the Laws; May renounce their Citizenship and move elsewhere; May pay their Taxes and complain about them to their ‘Significant Other’; or, perhaps best of all, May Earn More Money. Taxes Not Paid (but hidden in Accounts by “Banksters” in other Countries, is really ‘Sovereign Nation Treasury Theft’ by the Depositor(s); Nothing Less.

Until  “Banksters” PERSONALLY feel the Pain from their Gain, there will be many applying for those Financial Positions (since the rewards can be significant). Lengthy Prison Sentences for these Crooks (usually wearing ‘Business’ Suits, White Shirts, and Ties) can, however, be assured to reduce the Enthusiasm of Applicants to be ‘Banksters”.

Reality.

Reference: http://america.aljazeera.com/articles/2014/2/26/credit-suisse-execsdeeplyregrethelpingamericansevadetaxes.html

106 Swiss Banks Have Decided Not To Be “Banksters” (Who Assist American Tax Evaders)

News Analysis: The U.S. Government has been engaging in ‘Unraveling’ the Swiss Bank/Client Cover-Ups of Undeclared Incomes of American Citizens. One might think that the U.S. National Security Agency revelations about monitoring ALL Electronic Communications in the World would give the Tax Evaders reason to ‘Come Clean”; perhaps their arrogance gets the better of them.

The reporting of Swiss Bank Employees taking Clients’ Bank Account Information from their Employers and turning them over to Countries’ Tax Authorities would impact on the psyches of the Tax Evaders, also.

Now, approaches the time to “Pay The Piper” by Swiss Banks who will be punished by U.S. Tax Authorities for the Willful Deceit they benefited from, for decades, in many cases.

Wanting to be “Bankers” rather than “Banksters”, these Administrators of Money Entrepots will have to “Cease and Desist” their Collusion and Identify the naïve Tax Evaders.

The Ill-Gotten Gains of the Banksters will hopefully not equal the Punishment Costs and Loss of Good Reputations they will receive by these American Penal Actions.

“‘Anything For A Buck’ (AFAB) is just not worth it” Wise Men would say; but some Banksters may disagree (until after they are caught and punished).

Reality.

Reference: http://www.scmp.com/business/banking-finance/article/1414556/over-100-swiss-banks-seek-amnesty-helping-americans-evade