Saturday, March 1, 2014

UPA Does A Bill Clinton,Copies Gramm-Leach-Billy Act!

   The news,that Banks,in India will soon be mandated to become BROKERS,is doing a Bill Clinton,who repealed the Glass-Steagall Act,introducing the Financial Services "Modernization" Act,of 1999, with deadly consequence to both Global banking and Finance.After this the Global Finance has been shaken by ,many scams.
  The UPA's arrogance and utter disregard for India is not surprising,but dangerous and treacherous.
   RBI's is forcing Indian Banks to trade in IRFs, despite the Derivatives loss of Rs 25 lakh Crores by India Inc in 2007/8.the concerned Banks were let off with petty fines.
  Cobrapost sting operation exposed the Indian Banks,both private and Public.Nothing major has happened except some employees being suspended in some private Banks.
   Chidambaram has,okayed,IRFs and Derivatives,in the Interim Budget,2014/2015.
   These are all dangerous,as Indian Banks are very weak with huge NPA's   
    What all these mean,is this:-
The international bankers have taken over India and rule over her,as of now. 
Will be updated........

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