libor – Occupied Tucson Citizen

Major banking scandals only back page news at the Arizona Daily Star

September 13, 2014December 30, 2012 by Greg Evans

OCCUPIED TUCSON CITIZEN That HSBC bank officials knowingly helped Mexican drug lords launder their money is bad enough. That the Obama administration decided not to file criminal charges against the responsible bank executives and instead only fined the bank is just as egregious. But what might be worst of all, since we have already come …

My thwarted attempt to tell of Libor shenanigans

September 14, 2014August 8, 2012 by Douglas Keenan

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, …

Bank Protests Are Back

September 14, 2014August 1, 2012 by Alice Whittenburg

OCCUPIED TUCSON CITIZEN Despite the heat of late July afternoons, demonstrators from Occupy Tucson have been targetting Chase Bank in curbside rush-hour protests that remind hundreds of motorists about Chase’s continued risky financial activities. On July 18, protesters stood outside the Chase Bank at Congress and Stone, and a July 25 protest targeted the Chase …

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

September 14, 2014July 8, 2012 by Matt Taibi

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 …