"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
The Libor rate fixing scandal may seem remote and distant from everyday life, but its effects on us all are difficult to understate. Millions of people have been cheated by what The Economist calls “the rotten heart of finance.” Simply…
The Serious Fraud Office in Britain passed some months back on investigating Liborgate because they had to buff their nails or something. But worldwide attention on the rigging of the most important interest rate on the planet by a cabal…
The Libor scandal is huge, much larger than previous scandals, as it  is at the central of the financial system, involves multiple big banks and apparently at least one government too. Local governments got screwed due to Libor manipulation Greg Smith wrote…
It was Bertolt Brecht who reminded us that it’s a far greater crime to own a bank than to rob one. Events over the past week of the breaking Barclays scandal with regard to fixing the bank to bank lending…