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July 18th, 2013 
FAKE NEWS for the Zionist agenda Guardian – Traders may have tried to rig price paid for government bonds in a quantitative easing auction, Treasury committee hears. The City watchdog is investigating the possibility that traders tried to rig the price that the Bank of England paid for government bonds in a quantitative easing auction, it emerged on Tuesday. Paul Fisher, the Bank of England’s executive director for markets, revealed in testimony to the Treasury select committee that the Bank had refused to buy one particular government bond – known as a gilt – at one of its regular “reverse auctions” in October 2011, because it feared there had been an attempt to manipulate the market. ”The auction went ahead, but we didn’t allocate any purchases to one particular bond that was being offered to us, whose price had gone up very substantially in the market that morning, against the run of the market.” He added that the Bank had been sufficiently concerned to refer the case to the Financial Services Authority – which was succeeded in April by the new regulator, the Financial Conduct Authority. News of the investigation follows a series of high-profile scandals over shady practices in the City. Three brokers have been charged over allegations of rigging the key interest rate Libor, while the FCA is also studying claims that energy trading firms sought to rig the wholesale gas market. Read Article
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