Barclays boss: Banks should not apologise by itnnews
Some
counter calls for gun bans with new bank regs
Peter Lanza had a hell of surprise when
he pulled into his driveway Friday afternoon, only to be confronted
by a local newswoman who informed him his son Adam had killed his
ex-wife, then 20 very young children at an elementary school, along
with 6 adult teachers.
The latest news regarding the law of
guns prior to young Mr. Lanza's tragic behavior? The United States
7th Circuit Court of Appeals declared Illinois law
unconstitutional in its uncategorical ban on concealed weapons and
gave the Legislature 180 days to craft new law that will permit
qualified applicants to carry concealed handguns in public –
outside their homes. Illinois was the last state left in the nation
with such a law banning concealed carriage of handguns by qualified
applicants for permits.
According to News World Wide,(click) “The father of Newtown Connecticut school
shooter Adam Lanza is Peter Lanza who is a VP and Tax Director at GE
Financial.
The father of Aurora Colorado movie theater shooter James Holmes is
Robert
Holmes,
the lead scientist for the credit score company FICO.
Both men were to testify before the US Sentate in the ongoing LIBOR
scandal. The London
Interbank Offered Rate,
known as Libor, is the average interest rate at which banks can
borrow from each other. 16 international banks have been implicated
in this ongoing scandal, accused of rigging contracts worth trillions
of dollars. HSBC has already been fined $1.9 billion and three of
their low level traders arrested.
Mr. Lanza is a tax specialist, but he is also part of the audit team that helped define the dimensions of the scandal, and the various methods used by the bankers to scam their investors.
For an update on the LIBOR (London Interbank Offered Rate) scandal, apoints-shaving scam that allows international investment bankers to shaft institutional investors in derivatives and other complicated securities whose values and earnings are tied to the interest rates banks chargeeach other for overnight loans to cover cash deposit requirements, one need only click here.(click here for a report from "Rolling Stone")
The
resulting litigation includes RICO civil suits initiated by
municipalities and states hard hit by the scam. Baltimore, Maryland,
was the first to file under the provisions of the Racketeer
Influenced Corrupt Organizations statute.
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