Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-57327 Thu, 30 Jul 2015 14:35:34 GMT FDCPA Has More Power Thanks To The 11th U.S. COA http://implode-explode.com/viewnews/2015-07-30_FDCPAHasMorePowerThanksToThe11thUSCOA.html iehi-feed-57323 Thu, 30 Jul 2015 12:35:15 GMT HUD-OIG Special Agent Found Guilty Of Mortgage Fraud http://implode-explode.com/viewnews/2015-07-30_HUDOIGSpecialAgentFoundGuiltyOfMortgageFraud.html iehi-feed-57322 Thu, 30 Jul 2015 12:33:06 GMT Did David Krieger of Clouded Titles Fame Scam A Florida County? http://implode-explode.com/viewnews/2015-07-30_DidDavidKriegerofCloudedTitlesFameScamAFloridaCounty.html iehi-feed-57277 Thu, 23 Jul 2015 02:13:02 GMT Massachusetts Mortgage Broker Convicted of Bank Fraud http://implode-explode.com/viewnews/2015-07-22_MassachusettsMortgageBrokerConvictedofBankFraud.html iehi-feed-57275 Wed, 22 Jul 2015 19:37:28 GMT Blair Witch Sentenced To Two Years in Prison For $2.4 Million Mortgage Fraud Scheme http://implode-explode.com/viewnews/2015-07-22_BlairWitchSentencedToTwoYearsinPrisonFor24MillionMortgageFraudSc.html iehi-feed-57244 Sat, 18 Jul 2015 17:20:46 GMT Wing Nut & Squatter Ted Visner Promises Epic Gun Battle With Cops At Eviction http://implode-explode.com/viewnews/2015-07-18_WingNutSquatterTedVisnerPromisesEpicGunBattleWithCopsAtEviction.html iehi-feed-57227 Wed, 15 Jul 2015 19:07:19 GMT Ring Leader Of $64 Million FHA Mortgage Fraud Scheme Pleads Guilty http://implode-explode.com/viewnews/2015-07-15_RingLeaderOf64MillionFHAMortgageFraudSchemePleadsGuilty.html iehi-feed-57219 Tue, 14 Jul 2015 21:02:25 GMT Mortgage Fraudster Nabbed After Hiding In Plain Sight http://implode-explode.com/viewnews/2015-07-14_MortgageFraudsterNabbedAfterHidingInPlainSight.html iehi-feed-57218 Tue, 14 Jul 2015 17:49:14 GMT 4 Loan Officers Found Guilty In Multi-Million Dollar Mortgage Fraud Scheme http://implode-explode.com/viewnews/2015-07-14_4LoanOfficersFoundGuiltyInMultiMillionDollarMortgageFraudScheme.html iehi-feed-57206 Mon, 13 Jul 2015 21:30:41 GMT The Two "America's Wholesale Lender" Frauds No One Is Talking About http://implode-explode.com/viewnews/2015-07-13_TheTwoAmericasWholesaleLenderFraudsNoOneIsTalkingAbout.html iehi-feed-57196 Sun, 12 Jul 2015 00:32:54 GMT Lying About Sink Hole Could Get Florida Man 20 Years In Prison http://implode-explode.com/viewnews/2015-07-11_LyingAboutSinkHoleCouldGetFloridaMan20YearsInPrison.html iehi-feed-57184 Fri, 10 Jul 2015 18:33:22 GMT Florida 4th DCA Ruling Could Change Florida Foreclosure Landscape http://implode-explode.com/viewnews/2015-07-10_Florida4thDCARulingCouldChangeFloridaForeclosureLandscape.html iehi-feed-57183 Fri, 10 Jul 2015 13:30:02 GMT Robo-Signing Firm Proclaims Supremacy In Title Clearing http://implode-explode.com/viewnews/2015-07-10_RoboSigningFirmProclaimsSupremacyInTitleClearing.html iehi-feed-57168 Wed, 08 Jul 2015 22:55:25 GMT Glass-Steagall May Be Revived http://implode-explode.com/viewnews/2015-07-08_GlassSteagallMayBeRevived.html iehi-feed-57165 Wed, 08 Jul 2015 19:50:47 GMT Former Foreclosure Mill Bad Boys Ben-Ezra & Katz Reprimanded By FL Bar http://implode-explode.com/viewnews/2015-07-08_FormerForeclosureMillBadBoysBenEzraKatzReprimandedByFLBar.html iehi-feed-57164 Wed, 08 Jul 2015 18:19:01 GMT Another Florida Post-Foreclosure Filing Note Endorsement Smacked Down http://implode-explode.com/viewnews/2015-07-08_AnotherFloridaPostForeclosureFilingNoteEndorsementSmackedDown.html iehi-feed-57147 Mon, 06 Jul 2015 21:30:53 GMT LA Woman Gets Slammer Time For Foreclosure Rescue Scam http://implode-explode.com/viewnews/2015-07-06_LAWomanGetsSlammerTimeForForeclosureRescueScam.html iehi-feed-57146 Mon, 06 Jul 2015 18:35:59 GMT Brooklyn Swindler Sobs As He Admits To $11M Mortgage Fraud Scheme http://implode-explode.com/viewnews/2015-07-06_BrooklynSwindlerSobsAsHeAdmitsTo11MMortgageFraudScheme.html iehi-feed-57116 Fri, 03 Jul 2015 04:06:21 GMT Credit Manipulator Sentenced to Prison for Mail Fraud http://implode-explode.com/viewnews/2015-07-03_CreditManipulatorSentencedtoPrisonforMailFraud.html iehi-feed-57115 Thu, 02 Jul 2015 22:12:28 GMT Swiss National Bank chief forced to quit because of wife's insider currency trading http://implode-explode.com/viewnews/2015-07-02_SwissNationalBankchiefforcedtoquitbecauseofwifesinsidercurrencyt.html On Monday August 15, just weeks before Mr Hildebrand announced a major intervention to halt the dramatic rise of the Swiss franc, Mrs Hildebrand sold the franc and bought $504,000 (£309,531 based on sterling's value at the time).

This part of the article is particularly hilarious:

Any suggestion that such information was being leaked, enabling insiders to profit from their knowledge, would be disasterous for faith in a central bank's impartiality. For instance, the European Central Bank is clear that no conflict of interest is presented by the fact that Giacomo Draghi, the son of its president Mario Draghi, works as an interest rates trader in the London office of Morgan Stanley.

And the ECB is "clear" about this... how?

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