My thwarted attempt to tell of Libor shenanigans

Closeup of dollar bill

FINANCIAL TIMES This is a good, short article we found behind the Financial Times subscription wall. Google has cached the article which we excerpt below, and which emphasizes that the LIBOR manipulation has been going on for decades. The important point to take away from this is that top executives of financial firms (Bob Diamond, …

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Why is No One Freaking Out About the LIBOR Banking Scandal?

Closeup of dollar bill

OCCUPIED TUCSON CITIZEN The LIBOR manipulation story has exploded into a major scandal overseas. The CEO of Barclays, Bob Diamond, has resigned in disgrace; his was the first of what will undoubtedly be many major banks to walk the regulatory plank for fixing the interbank exchange rate. The Labor party is demanding a sweeping criminal …

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