DailyMarkets.com - HSBC Money Laundering Scandal: More Racketeering

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• HSBC Money Laundering Scandal: More Racketeering
• Central Bank News Link List – Dec. 11, 2012: Fed Seen Pumping Up Assets To $4 Trillion In New Buying
• Indonesia Holds Rate, Sees Stronger Global Growth, Inflation
• Commodities: Gold, Silver Wait On FOMC Outcome For Direction Cues

HSBC Money Laundering Scandal: More Racketeering Posted: 11 Dec 2012 05:42 AM PST Can you imagine if those involved in organized rackets including prostitution, drug dealing, human trafficking and the like were able to resolve their criminal activities by merely paying a fine? What do you think their response would be? Do you think they would take a vow of chastity and then look to engage in upstanding business? Of course not. They would think "how the hell do we get that money back?" Human nature being what it is, are we to believe that simply because executives of a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Dec. 11, 2012: Fed Seen Pumping Up Assets To $4 Trillion In New Buying Posted: 11 Dec 2012 05:36 AM PST     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.) Fed seen pumping up assets to $4 trillion in new buying (Bloomberg) 2013 rings in more dovish Fed and maybe some dissent (Reuters) Bank of Italy sees Basel III implemented at end … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Indonesia Holds Rate, Sees Stronger Global Growth, Inflation Posted: 11 Dec 2012 05:20 AM PST     Indonesia’s central bank held its benchmark reference rate steady at 5.75 percent, as expected, saying this rate was consistent with its forecast for inflation to remain low and within the bank’s target range for the next two years. Economic growth is expected to strengthen in 2013.     Bank Indonesia, which has held rates unchanged since a 25 basis point cut in February, said it expects global economic growth to improve and lead to higher commodity prices in 2013 and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Commodities: Gold, Silver Wait On FOMC Outcome For Direction Cues Posted: 11 Dec 2012 04:35 AM PST Gold and silver are looking to the outcome of the FOMC rate decision for direction cues, with a neutral result threatening to weigh on prices and boost the Dollar. Talking Points Metals Tread Water as All Eyes Look Ahead to FOMC Rate Decision Crude Oil Aims Higher as Risk Appetite First Before Wall Street Open Commodities are yielding a mixed performance ahead of the opening bell on Wall Street. Cycle-sensitive crude oil prices are on the upswing along with an apparent pickup in risk … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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