The Trueman Show

Advocaat Hester Bais over de grootste financiële fraude van Europa | The Trueman Show #247

23 snips
Oct 16, 2025
Hester Bais, a seasoned lawyer and financial expert, shares her gripping journey of exposing a €2,000 billion European financial fraud. After a pivotal case against ING, she uncovered systemic issues in the financial world related to derivatives and banking practices. Hester discusses the role of the Dutch Central Bank, how crises manipulate economic frameworks, and the intertwining of pandemics and finance. With insights on digital assets and the need for resilience, she emphasizes the importance of public awakening and political engagement in fighting against these financial injustices.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

One Small Case Exposed A Systemic Fraud

  • Hester Bais describes taking a 2012 renteswap case that unraveled into a systemic fraud across banks and pension funds.
  • That single legal case eventually led her to research and expose massive hidden money flows affecting pensions and banks.
INSIGHT

Derivatives Created A Massive Collateral Gap

  • Derivative constructions created a need for vast high-quality collateral across Europe after the credit crisis.
  • Hester identifies a circa €2,000 billion collateral shortfall that shaped subsequent EU financial policy and interventions.
INSIGHT

Rate Reform Linked To Collateral Restructuring

  • The move from Libor/Euribor to new reference rates was tied to a restructuring of collateral and liquidity regimes.
  • Manipulation revelations were part of a broader shift to new rate systems serving the restructured underpinning assets.
Get the Snipd Podcast app to discover more snips from this episode
Get the app