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The Li(e)bor Rigging Scandal Infographic For Dummies

Exposing the Barclays LIBOR Rigging Scandal (Infographic)Since (at least) 2005, Barclay’s has been manipulating LI(E)BOR, and their traders have been allegedly pocketing $40MM A DAY betting on interest rate derivatives. If the LIBOR, one of the most fundamental metrics of our banking system can be rigged, can you imagine what other elements of our financial system are a fraud?

http://www.healthcareadministration.com/libor/


Added: Jul-25-2012 Occurred On: Jul-25-2012
By: marc1921
In: World News
Tags: barclays, libor
Location: England, United Kingdom (UK/GB) (load item map)
Marked as: approved
Views: 1123 | Comments: 10 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • In summary, the entire financial system is rigged to consolidate the holdings of the 1%.

    They should be liquified and fed to the dogs.

    Posted Jul-25-2012 By 
    Saros (795.50)  

    (2)

  • DONT WORRY EVERYONE WILL JUST PRETEND THIS DIDNT HAPPEN AND GO BACK TO GUZZLING BEER MASHING BURGERS INTO THEIR CAKE HOLE WHILE WATCHING A ESPN SPECIAL ON GOLF.

    Posted Jul-25-2012 By 
    MR tommygun (459.60)  

    (2)

  • Why am I not surprised this happened? Organized crime has figured long ago that it's the root of the tree you must fix to reap the highest rewards.

    Posted Jul-25-2012 By 
    khamomil (1581.14)  

    (1)

  • Just one of many things the fraudulent banksters are manipulating. They have been doing in silver big time for the last few years behind the likes of J.P. Morgan.

    Posted Jul-25-2012 By 
    Nagold (192.78)  

    (1)

    • @Nagold Whats taking place in the comex is a fucking crime, but after over three years they still seem unable to find any wrongdoing. We have put the fox in charge of the henhouse and shouldn't be surprised they think the status quo is just fine.

      Posted Jul-25-2012 By 
      marc1921 (1458.56)  

      (0)

    • @marc1921
      Sometimes you dont know who to be more pissed at the banks or the or public , no one seems to know. or even care!

      Posted Jul-25-2012 By 
      MR tommygun (459.60)  

      (1)

  • This is something the news media should be playing on repeat every hour on the hour. Instead we get reports on mindless crap and staged reality shows rehashed over and over.

    Posted Jul-25-2012 By 
    LIONIDAS (77.58)  

    (1)

  • Comment of user 'MrScabs' has been deleted by author!

  • kill off the
    Bankers and Politicians
    and Jail the accountants
    theLAB

    Posted Jul-25-2012 By 
    theLAB (333.30)  

    (0)