Jump to content



Photo

City of London Corporation -


  • Please log in to reply
6 replies to this topic

#1 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 21 November 2017 - 05:41 PM

The Corporation exists outside many of the laws and democratic controls which govern the rest of the United Kingdom. The City of London is the only part of Britain over which parliament has no authority. 

 

The City has exploited this remarkable position to establish itself as a kind of offshore state, a secrecy jurisdiction which controls the network of tax havens housed in the UK's crown dependencies and overseas territories. This autonomous state within our borders is in a position to launder the ill-gotten cash of oligarchs, kleptocrats, gangsters and drug barons. 

 

It has also made the effective regulation of global finance almost impossible. Shaxson shows how the absence of proper regulation in London allowed American banks to evade the rules set by their own government. AIG's wild trading might have taken place in the US, but the unit responsible was regulated in the City. Lehman Brothers couldn't get legal approval for its off-balance sheet transactions in Wall Street, so it used a London law firm instead. 

 

If you've ever dithered over the question of whether the UK needs a written constitution, dither no longer. Imagine the clauses required to preserve the status of the Corporation. "The City of London will remain outside the authority of parliament. Domestic and foreign banks will be permitted to vote as if they were human beings, and their votes will outnumber those cast by real people. Its elected officials will be chosen from people deemed acceptable by a group of medieval guilds …". 

 

 https://www.theguard...n-city-medieval

 


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#2 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 22 November 2017 - 10:42 AM


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#3 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 26 November 2017 - 11:19 AM

The UK is the most important player in tax havens
    The UK is the most important global player in the financial secrecy world. It supports and partly controls a web of secrecy jurisdictions around the world, from the Cayman Islands and Bermuda to Jersey and Gibraltar.  

 

In November, the Tax Justice Network (TJN) published the biggest ever survey of global financial secrecy. An estimated $21 to $32 trillion of private financial wealth is located, untaxed or lightly taxed, in ‘secrecy jurisdictions’ (or tax havens) around the world.

 

Since the 1970s African countries alone are estimated to have lost over $1 trillion in capital flight, dwarfing their current external debts of ‘just’ $190 billion and making Africa a major net creditor to the world. But those assets are in the hands of a few wealthy people, protected by offshore secrecy, while the debts are shouldered by African populations. Compare that $1 trillion in capital flight with the $130 billion or so in global foreign aid.

 

So for every dollar of aid provided by OECD countries to developing nations, ten dollars or so flow back, under the table, towards OECD nations and their offshore satellites. Yet rich countries suffer too: in the recent global financial crisis, European countries like Greece, Italy and Portugal have been brought to their knees by decades of secrecy and tax evasion.    

 

 http://www.ethicalco...dtaxhavens.aspx

 


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#4 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 27 April 2018 - 08:02 AM

Five U.S. families whose members were killed by Mexican drug cartels sued British HSBC Bank saying it financed the cartels’ terrorism by laundering billions of dollars for them. 

 

The families want HSBC held liable for Anti-Terrorism Act violations. They call HSBC money laundering of cartels “in itself, an act of international terrorism” that provides “material support” for terrorist violence.

     HSBC has admitted it laundered at least $881 million of cartel money, in a deal it struck with the federal government in 2012. The families say the figure is actually in the billions. 

 

The families say the bankers routinely deposited hundreds of thousands of dollars from cartel members with no legitimate source of income.

     “The cash was bundled in quantities of $50,000 USD or more and placed in packages specifically designed to fit the precise dimensions of the teller windows,” the complaint states.
     

 

 

 

https://www.courthou...cartel-murders/


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#5 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 22 June 2018 - 07:18 AM

A Spy in the House of Trump  - Stefan Halper, a veteran dirty trickster, outed 

 

Halper is a dual citizen of the US and the United Kingdom who, in 2016, was teaching at Cambridge University 

 

As I wrote more than a year ago in “The Foreign Plot to Oust Trump”:

 

“[L]et’s step back and look at the players: the CIA, MI6, ‘the head of an Eastern European intelligence agency,’ and the ‘one of the Baltic states’ intelligence agencies’ – an international coalition out to oust Trump.

 

 

The British have never hesitated to interfere in our domestic politics if they thought their own interests would be advanced: it happened in the run up to both world wars, and it is happening today. If we trace the origins of the Russia-gate hoax, and the campaign to dethrone Donald J. Trump, all roads lead to London. 

 

 

https://original.ant...house-of-trump/

 


-- 

200,000 US troops are stationed in 177 countries throughout the world. 


#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,662 posts

Posted 22 June 2018 - 07:57 AM

Your timing on your posts is poor, you always seem to post right around the market opening, nobody cares about these longer term issues when they are focused on their trades for the day...

 

I suggest posting when the readers have more time to read this non-critical information...

 

You will get a better readership and response...

 

This is still a trading venue.

 

If you are not "in" the market, you don't get it.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#7 stocks

stocks

    Member

  • Traders-Talk User
  • 3,863 posts

Posted 06 July 2018 - 01:39 PM

The City of London now stands as money launderer of the world, the capital of the global crime scene with Britain referred to as the most corrupt country in the world.

 

The City of London has its own private funding and will ‘buy-off’ any attempt to erode its powers – any scrutiny of its financial affairs are put beyond external inspection or audit. It has it’s own police force – and laws.

 

Its dark and shadowy client list includes; terrorists, drug barons, arms dealers, despots, dictators, shady politicians, corporations, millionaires and billionaires  – most with something to hide. The shocking Panama Papers, Paradise Papers and Lux Leaks barely scratching the surface even with their almost unbelievable revelations of criminality.

 

Keith Bristow Director-General of the UK’s National Crime Agency said in June 2015 that the sheer scale of crime and its subsequent money laundering operations was “a serious strategic threat to Britain.”  It is now believed by many investigative journalists that the City of London is managing “trillions in ill-gotten gains” – not billions as we have all been told. 

 

 

 

https://www.lewrockw...re-of-the-city/


-- 

200,000 US troops are stationed in 177 countries throughout the world.