'Last fall, I argued that the violent reaction to
Occupy and other protests around the world had to do with the 1%ers'
fear of the rank and file exposing massive fraud if they ever managed
get their hands on the books. At that time, I had no evidence of this
motivation beyond the fact that financial system reform and increased
transparency were at the top of many protesters' list of demands.
But this week presents a sick-making trove of new data that
abundantly fills in this hypothesis and confirms this picture. The
notion that the entire global financial system is riddled with systemic
fraud – and that key players in the gatekeeper roles, both in finance
and in government, including regulatory bodies, know it and choose to
quietly sustain this reality – is one that would have only recently
seemed like the frenzied hypothesis of tinhat-wearers, but this week's
headlines make such a conclusion, sadly, inevitable.'
Read more: This Global Financial Fraud and its Gatekeepers