It’s Official – Bail-ins, no more Bail-outs

Global Research

Global Research

The Telegraph – “Meanwhile, large banks are still believed to enjoy a “Too Big To Fail” subsidy, meaning those that lend to them assume their money will be safe even if the bank fails because of government support.

The FSB said this increases government borrowing costs and gives those banks a funding advantage against smaller ones.

Under the new so-called “bail in” rules, globally systemic banks will have to hold “total loss absorbing capacity” [TLAC] – equity or debt that can be converted into shares – of at least 16-20pc of their assets, weighted for risk.”

The banking cartel has taken hooliganism and financial terrorism to new heights. After getting taxpayers to bail out the insolvent banks for gross fraud and mismanagement, the trillion dollar efforts have failed miserably. The money poured in dissipates into a bottomless pit, even as the banks were convicted of fraud and given light sentences in fines. Ironically, the money the taxpayers gave them help them to pay the fines. Banksters continue to pay themselves handsomely in the face of these debacles. It is a win-win game for the financial terrorists. RT News reported:

“It was revealed in 2011 by the Guardian that since 2007 the UK government had spent £1.162 trillion at various points on bailing out the banks.

One of the banks bailed out by the taxpayer was RBS, which despite also being hit by a number of other scandals, rewarded its top bankers £500 million in bonuses last year.

So bail-outs have failed. Now governments are now colluding with them once more to legalise bail-ins, i.e. seizure of depositor assets without consent to prop up the bottom line of failing banks. With this new measures, banksters are guaranteed immunity from failures and to continue with pilfering and mismanagement. The stakes are now without limit. The banking casinos have full liberty to gamble away everything in their possession, but which are not theirs.

The banking cartel has in recent past been under investigation for various fraudulent activities with a concomitant stream of convictions and fines meted to them.UBS is reported to settle for its role in gold and silver manipulation, coming from the heels of LIBOR rigging by major banks. Investment Research Dynamics reported:

“The Financial Times is reporting that UBS has agreed to settle charges against it by the UK’s Financial Conduct Authority that it engaged in the manipulation of the gold and silver markets.  While it may come as a surprise to chart wranglers like Trader Dan or interminably hot air windbags like Dennis Gartman and Martin Armstrong that gold and silver are manipulated by the big bullion banks, UBS has de facto admitted to such illegal activity.

This comes on the heels of a £1.5 billion pound ($2.4 billion) settlement agreement (to be announced Wednesday) that includes UBS, Barclays, Citigroup, HSBC, JP Morgan and RBS connected to charges of foreign exchange market rigging.

If these banks are rigging forex trading, it means that they are de facto rigging gold and silver.”

Watch the video in this link pertaining to wilful frauds perpetrated by JP Morgan Chase: Matt Taibbi and Bank Whistleblower on How JPMorgan Chase Helped Wreck the Economy, Avoid Prosecution

Beneath the headlines of banks being fined for wrong doing, there is little assurance that what is being reported and seen is only the tip of the iceberg. The derivative market is said to be in the quadrillions. No amount of bail-ins can stop the bubble from imploding given such humongous numbers that calculators cannot even store. Banking failure is imminent. According to Global Research,

“…. one of the world’s leading derivatives experts, Paul Wilmott, who holds a doctorate in applied mathematics from Oxford University (and whose speaking voice sounds eerily like John Lennon’s), $1.2 quadrillion is the so-called notional value of the worldwide derivatives market. To put that in perspective, the world’s annual gross domestic product is between $50 trillion and $60 trillion.”

The previous Fed Chairman can now comment on the dire state of the financial status now that he no longer takes the blame. Money manager Axel Merk says everyone should pay attention to recent cryptic comments made by former Fed Chief Alan Greenspan, Greenspan said the balance sheet of the Fed is a pile of tinder that waits to be lit, and inflation will have to rise.”

Notwithstanding all these incriminating revelations and convictions, governments continue to take the side of these institutions, justifying their activities as to “avert financial chaos”. If these bail-ins and bail-outs are not financial chaos, what would financial chaos look like? It begs the question if these colluding governments are working for the interest of their citizens or are they in the pockets of these powerful cartels.


Psalm 15:5
who lends money to the poor without interest; who does not accept a bribe against the innocent. Whoever does these things will never be shaken.


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