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The American Empire in a Changing World



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Friday, October 7, 2011

ANOTHER BANKSTER LAWSUIT: "Federal authorities in New York have filed two separate suits accusing BNY Mellon of foreign exchange fraud, following cases brought by other states''

billions stolen from pension funds.........and obumer said these banks did nothing wrong........hey cantor, this is why people are protesting......from risk.net...........



"Attorney-general Eric Schneiderman's civil lawsuit in state court claims BNY Mellon has earned $2 billion over the past decade by charging customers more than the market rate for transactions and then pocketing the difference. In one Taiwanese dollar/US dollar trade the bank is accused of taking an extra $57,000 in profit.

The US attorney for the southern district of New York, Preet Bharara, filed a civil complaint in federal court accusing BNY Mellon of providing its clients with "false, incomplete and/or misleading information" about how it determines its pricing"...........READ MORE


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