U.S. Marine Field McConnell has linked family offices operated by Mrs. Clegg’s erstwhile associates at DLA Piper, to a LIBOR insider trading fraud, allegedly designed to enrich multiple generations of families associated with business-data provider Thomson Reuters, including Samantha Cameron, a great grand daughter of a former Chairman of Reuters, Sir Roderick Jones.
Abel Danger Mischief Makers - Mistress of the Revels - 'Man-In-The-Middle' Attacks
McConnell Links Sam Cam Carlton Ident to Schroder Snuff Film, Building #7
Family Office: D2 Banking (Canada Square, Canary Wharf) - Compromised Pedophile and/or Lesbian Insiders - CAT Bond Sponsors - 9/11 .TV Video
“The British government has called in the fraud squad to investigate possible crimes and will tighten laws over attempts to manipulate interbank lending rates. That scandal has engulfed Barclays – which will pay 364 million euros to settle allegations – and is set to spread to other banks. Barclays chief executive Bob Diamond acknowledged that the settlement would damage customer trust in the bank. British Prime Minister David Cameron said: “This is a scandal, it’s extremely serious. They’ve paid a very large fine [with alleged kickbacks to the Thomson Reuters Family Office and some ‘equitable sharing’ with SamCam insiders] and quite rightly but frankly the Barclays management team have some big questions to answer. Who was responsible? [The people who set up the man-in-the-middle attack. Ask Gareth Williams, you stupid twonk. Oops, he’s dead!] Who was going to take responsibility? How are they being held accountable?””
“Thomson Reuters Foundation And DLA Piper [Mrs. Miriam ‘Same-Sex Solicitor’ Clegg 2006-2011] - A Winning Team Following the firm's recent win of TrustLaw’s two inaugural awards in 2011 (The Most Active Member Award and the Impact Award) Heidi Newbigging, UK Pro Bono Manager, has been interviewed by The Metropolitan Corporate Counsel on our global pro bono work and our successful partnership with Thomson Reuters Foundation on their TrustLaw Connect programme over the last year. Launched in June 2010 with the aim of spreading pro bono work globally, TrustLaw Connect provides a market place for pro bono designed to make it simpler for lawyers to access impactful cases around the world and easier for social entrepreneurs and NGOs to get free legal assistance. TrustLaw Connect is based on the belief that such organisations have the potential to address many of the world's environmental, humanitarian and social problems, but their effectiveness may be impeded by a lack of sufficient legal resources. It brings together outstanding legal teams from DLA Piper and other law firms to provide free legal advice for NGOs and social enterprises in any jurisdiction in the world.”
“Lynn Wintriss's Overview Current Of Counsel at DLA Piper Past President at Atapco Financial Services, Inc. Partner at McGuireWoods Vice President at Mercantile-Safe Deposit & Trust Company Education Georgetown University Law Center Cornell Law School Union College .. Lynn practices law with the tax/estates and trusts/private clients group at DLA Piper in its Mount Washington, Baltimore office. Prior to joining DLA Piper, she was the president of a single family office. Her experience in that role encompassed all aspects of strategic planning for the third, fourth, and fifth generations of a large ultra-high net worth family and their related trusts, partnerships, LLCs, and private foundations. Preceding her ten-year career as a family office executive, she practiced law with the firm that represented the family office and its related business entities, before which she was the vice president in charge of estate planning and administration at a large, well-respected Maryland trust company. Prior to that she practiced law at a major Baltimore law firm in the trust and estate tax planning and administration field, first as an associate and then as a partner and head of the firm's department. Specialties Multi-generational wealth transfer planning for ultra-high net worth clients; estate, gift, and generation-skipping transfer tax planning; trust and estate administration; charitable gift planning; specialized tax compliance; fiduciary accounting and taxation; family office leadership and management; premarital agreements”
“LIBOR in brief
LIBOR stands for London InterBank Offered Rate. LIBOR is an indicative average interest rate at which a selection of banks (the panel banks) are prepared to lend one another unsecured funds on the London money market. Although reference is often made to the LIBOR interest rate, there are actually 150 different LIBOR interest rates. LIBOR is calculated for 15 different maturities and for 10 different currencies. The official LIBOR interest rates (bbalibor) are announced once a day at around 11:45 a.m. London time by Thomson Reuters on behalf of the British Bankers' Association (BBA). The rates may only be published by partners of the BBA like us. This website shows the current LIBOR interest rates daily between 5 and 6 pm London time.
The creation of LIBOR
At the start of the nineteen eighties there was a growing need amongst the financial institutions in London for a benchmark for lending rates. This benchmark was particularly needed in order to calculate prices for financial products such as interest swaps and options. Under the leadership of the BBA a number of steps were taken from 1984 onwards which led in 1986 to the publication of the first LIBOR interest rates (bbalibor).
LIBOR panel banks
As has already been indicated, LIBOR is an average interest rate at which a selection of banks will lend one another funds. These banks are called ‘panel banks’. The selection is made every year by the British Bankers' Association (BBA) with assistance from the Foreign Exchange and Money Markets Committee (FX&MMC). A panel is made up for each currency consisting of at least 8 and a maximum of 16 banks which are deemed to be representative for the London money market. Banks are assessed on market volume, reputation and assumed knowledge of the currency concerned. Because the criteria applied are strict, the rates can generally be considered to be the lowest interbank lending rates on the London money market.”
“The Thomson Corporation .. was founded by Roy Thomson in 1934 in Ontario as the publisher of The Timmins Daily Press. In 1953 Thomson acquired the Scotsman newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957 when he won the franchise for Scottish Television. In 1959 he bought the Kemsley Group, a purchase that eventually gave him control of the Sunday Times. He separately acquired the Times in 1967. He moved into the airline business in 1965, when he acquired Britannia Airways and into oil and gas exploration in 1971 when he participated in a consortium to exploit reserves in the North Sea. .. Reuters Group The Company was founded by Paul Julius Reuter in 1851 in London as a business transmitting stock market quotations. Reuter set up his "Submarine Telegraph" office in October 1851 and negotiated a contract with the London Stock Exchange to provide stock prices from the continental exchanges in return for access to London prices, which he then supplied to stockbrokers in Paris, France. In 1865, Reuters in London was the first organization to report the assassination of Abraham Lincoln. The company was involved in developing the use of radio in 1923. It was acquired by the British National & Provincial Press in 1941 and first listed on the London Stock Exchange in 1984. Reuters began to grow rapidly in the 1980s, widening the range of its business products and expanding its global reporting network for media, financial and economic services: key product launches included Equities 2000 (1987), Dealing 2000-2 (1992), Business Briefing (1994), Reuters Television for the financial markets (1994), 3000 Series (1996) and the Reuters 3000 Xtraservice (1999). Post acquisition The Thomson Corporation acquired Reuters Group PLC to form Thomson Reuters on April 17, 2008. Thomson Reuters operated under a dual-listed company (“DLC”) structure and had two parent companies, both of which were publicly listed — Thomson Reuters Corporation and Thomson Reuters PLC. In 2009 it unified its dual listed company structure and stopped its listing on the London Stock Exchange and NASDAQ. It is now listed only as Thomson Reuters Corporation on the New York Stock Exchange and Toronto Stock Exchange (symbol: TRI).”
More to follow as AD tracks LIBOR fines through Eric Holder’s DoJ Asset Forfeiture Fund to the ‘equitably shared’ kickbacks for Thomson Reuters family offices across a SamCam pond!