Friday, 20 July 2012 09:48 - By Ellen Brown, - Truthout | News Analysis
Jamie Dimon, left, the chief executive of JPMorgan Chase, and Lloyd Blankfein, the chief executive of Goldman Sachs, after a meeting in Washington, March 27, 2009. (Photo: Doug Mills / The New York Times)
At one time, calling the large multinational banks a “cartel” branded you as a conspiracy theorist.
Today, the banking giants are being called that and worse, not just in the major media but in court documents intended to prove the allegations as facts. Charges include racketeering (organized crime under the US Racketeer Influenced and Corrupt Organizations Act or RICO), antitrust violations, wire fraud, bid rigging and price fixing.
Damning charges have already been proven and major damages and penalties assessed. Conspiracy theory has become conspiracy fact.
Click Here to continue reading.
