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As govt. bond clearing house, crooked bank will escape punishment, Rickards tells King

Section: Daily Dispatches

2:05p BST Wednesday, October 12, 2011

Dear Friend of GATA and Gold:

Geopolitical analyst James G. Rickards today tells King World News that he concurs with financial market whistleblower Harry Markopolis' comment to King that Bank of New York Mellon and State Street Bank have stolen immense sums from their customers through foreign exchange fees but Bank of New York Mellon will escape punishment because it is the largest clearing house for U.S. government bonds. Rickards also says gold will break through $2,000. A summary of the interview and a link to its full audio is at the King World News blog here:

http://tinyurl.com/3q7lmsc

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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