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Business

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
Business  (tags: corruption, business, ethics, finance, banks, money, Libor, news, economy, law )

Nancy
- 353 days ago - rollingstone.com
The idea that prices in a $379 trillion market could be dependent on a desk of about 20 guys in New Jersey should tell you a lot about the absurdity of our financial infrastructure.
The Biggest Price-Fixing Scandal Ever
Business  (tags: Matt Taibbi, big banks, international conspiracy, LIBOR, international interest-rates, ICAPfix, law loophole, collusion, conspiracy, how they get by with it, no law, no consequences, ISDAfix, CFTC, swaps, currencies, commodities, wholesale corruption )

Judy
- 604 days ago - rollingstone.com
The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix. Ever wonder how they get by with it?
Libor Gets Religion
Business  (tags: Libor, religion, americans, business, consumers, corporate, corruption, cover-up, dishonesty, debt, economy, ethics, finance, government, investments, investing, investors, law, marketing, lies, money, news, politics, society, usa, world )

JL
- 797 days ago - blogs.wsj.com
The group, Jubilee USA Network, specifically accuses ABC World News and NBC Nightly News of having a "blackout" on coverage of a "scandal that affects everyday Americans and the most vulnerable in our world."
Libor Manipulation Cost States, Cities At Least $6 Billion: Study
Business  (tags: Video, Libor Manipulation, Muni Bonds, Municipal Bonds, LIBOR, Libor Fixing, Libor Fraud, Libor Fraud States Cities, Libor Lawsuits, Libor Manipulation Municipal Bonds, Libor Rate Rigging, Libor Rigging, Libor Rate-Rigging Scandal, Libor Suits, Municcorpo )

JL
- 801 days ago - huffingtonpost.com
States, cities and other municipal borrowers have lost at least $6 billion as a result of banks manipulating Libor, the short-term lending rate that affects borrowing costs and $800 trillion or so in derivatives contracts around the world,
RBS Fires Employees Over Libor Scandal As Profits Drop: Report
Business  (tags: Libor, Interest Rates, Video, Barclays, Bob Diamond, LIBOR, Libor Rate-Rigging Scandal, Rbs Job Cuts, Rbs Layoffs, Reuters, Business News, banks, economy )

JL
- 866 days ago - huffingtonpost.com
* Under investigation in U.S., UK, Japan, Europe and Canada * RBS says it can't measure likely level of fines * Shares up 5 percent * Takes 125 mln stg charge after IT failure State-controlled Royal Bank of Scotland said it has dismissed employees
This Global Financial Fraud and Its Gatekeepers - Naomi Wolf
Business  (tags: Naomi Wolf, global financial fraud, perpetrators and gatekeepers, 1%, fears Occupy, looking the other way, Timothy Geithner, LIBOR, systemic corruptin, crack down on protest, crack down on whistleblowers, Espionage Act )

Judy
- 884 days ago - commondreams.org
The media's 'bad apple' thesis no longer works. We're seeing systemic corruption in banking - and systemic collusion.
The LIBOR Scandal -- And Why It's Important
Business  (tags: wall street, finance, ethics, cover-up, corruption, business, banking, wall street, libor, Kucinich )

Nancy
- 890 days ago - opednews.com
What has emerged from the Barclay's Bank inquiry is evidence that banks may have in fact been deliberately manipulating Libor rates for years. The evidence so far is that one arm of a bank responding to the Libor poll would change their number based on...
Crime of the Century
Business  (tags: banks, barclays, crime, interest rates, law, libor, robert scheer, scandal, wall street )

Judy
- 895 days ago - truthdig.com
Modern international bankers form a class of thieves the likes of which the world has never before seen. The sad reality is that they will probably get away with it.
   

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