Is it possible that the shooting massacre by suspect James Holmes that led to the tragic death of innocent lives have been just a cover-up for the largest banking scandal in history? Maybe what is written in this piece is all just wild conspiracy speculation, however there seems to be an awful lot of eerie coincidences that are a little too convenient and it wouldn't surprise me in the least if it is true.
This piece is so long and largely written from a protty perspective so I'm just posting the most relevant parts but I highly recommend that you read the whole thing. Also it points out Mitt Romney's not too clean record in striking deals with financially crooked.
http://www.torn-republic.com/The main course it seems, is about LIBOR, the largest banking scandal in the history of the world, to the tune of TRILLION$. The ELITE sent a message to SOMEONE, perhaps to Robert Holmes, father of James Holmes the man accused of the horrible "Batman" mass murder who is set to testify in the Libor scandal. They can get to anyone they want and make anyone a mass murdering patsy they want. The story however, still isn't over. As I said back in July I will say again, the plot is thickening.
The debacle comes after the botched Facebook initial public offering on the Nasdaq exchange in May and the aborted effort in March by another exchange,
BATS Global Markets, to bring its own stock public. The episodes, along with the flash crash of 2010 when the market lost trillions of dollars of value in minutes, have stoked suspicions that stocks are safe only for specialists, and sometimes not even for them.
The errant trades began hitting exchanges almost as soon as the opening bell rang and came from a single New Jersey broker that specializes in computer-driven trading, the
Knight Capital Group. Shares of more than 100 companies, including big names like Alcoa, Citigroup and Ford suddenly spiked up or down. The New York Stock Exchange had most of the mistaken orders, but all of the nation’s exchanges executed trades for Knight and all agreed to cancel the trading in six stocks that had especially extreme movements.
One of the six,
Wizzard Software, saw twice as many shares traded in the first half-hour as there were during all of Tuesday, artificially catapulting its stock more than 300 percent, according to the data firm Nanex.
Despite this being a 'Symbolism Free Zone' today, did you find yourself wondering what the odds are of this concerning series of events on Wall Street involving a firm called 'Knight Capital Group', as in the whole The Dark Knight Rises meme that we've been witnessing for the past couple of weeks now? I sure did.
In addition, what are the odds that an organization called the Knight Capital Group would also feature prominently in the same story that also features BATS Global Markets as well as another company called Wizard Software? The parallels to the bizarre and unusual imagery and symbolism we saw depicted at last week's London Olympics Opening Ceremony comes to mind, doesn't it? You bet it does. How can it not?Please pay very close attention to the parts of the above news item that discuss "a rogue algorithm" as it pertains to Wall Street and the Financial Industry/Global Economy at large because it's the heart and soul of this study, and by the time you reach the end of this article, it will stand front-and-center.
By the way, how 'strange' and 'coincidental' is it that in the film The Dark Knight Rises,
the bad guy 'Bane' gets his hands on Software that is used to...wait for it...expose the fraud on Wall Street, and that by using it he ends up gutting the rich? Nothing to see here. Move along now.
The Libor (London Interbank Offered Rate) is the benchmark Interest Rate for a whopping $800 trillion of financial instruments. That’s more than 10 times global Gross Domestic Product. It is at the heart and core of virtually every piece of debt that is issued to consumers around the world -- credit cards, car loans, mortgages, student loans, interest rate swaps and other complex derivative products all depend on the Libor Rate.
At the heart of the scandal? Manipulation of 'Libor', or what is the most widely used Interest Rate in the world. Estimates of how much is tied to Libor vary from $350 trillion to $800 trillion. To put that in perspective, $350 trillion would pay for all U.S. government spending for 96 years!!!
The world's Top 20 banks are being investigated right now, and All of the top Banks here in the US are a part of that Top 20 group! Barclays, JPMorgan Chase, Bank of America, Lloyds and 12 other big banks stand accused of colluding to manipulate Libor. The Bank of England, the Federal Reserve, and now U.S. Treasury Secretary Timothy Geithner all stand accused of aiding and abetting.
Treasury Secretary Timothy Geithner said that he know of irregularities surrounding the Libor Rate as far back as 2007, but concealed that the Rate was used to help structure the bailout of AIG.
The Libor Scandal is essentially going to turn out to be the biggest con in financial history (bigger than what happened back in 2008). More importantly, this con could very well destroy the Western world's financial system once and for all. Of course, if that were to happen, then we're looking at a fast track to a new global economic order complete with a new global currency too!
All that being said, there might be (and I want to clearly stress the words 'might be' here since it's nearly impossible to confirm any of this next part aside from a genuine confession) some truth to the rumors that the man named 'James Holmes' who's being held in Colorado for murder committed at the opening of The Dark Knight Rises a couple of weeks ago is not the same man who was initially pictured as the alleged suspect. I know. As ridiculous as it sounds, how would you react if I told you that the James Holmes being held in jail right now (the one who has insisted that he has no idea why he's there and what he did) has a father who's not just any average guy, but who's someone who just happens to be a key witness in the Libor Scandal proceedings!?! I kid you not. I couldn't make this stuff up.
Apparently,
his father, Robert Holmes, was said to have been scheduled to testify within the next few weeks before a US Senate panel on the largest bank fraud scandal in world history that is currently unfolding, and which threatens to destabilize and destroy the entire Western banking system (the Libor Scandal). Apparently, Robert Holmes, whose family links are said to go way back to the Mayflower, is known throughout the global banking community as being
the creator of one of the most sophisticated computer algorithms ever developed and is credited with developing predictive models for financial services, credit and fraud risk models, first and third party application fraud models, and internet/online banking fraud models.
Well, well, well! Speculation and uncorroborated reports aside, we've come full circle to that'algorithm' business again, haven't we?
I don't know what to make of this particular aspect to this sordid saga, but even his LinkedIn profile seems to support such wild claims.