The LIBOR Scandal To Get Worse?

The Libor scandal is about to get a whole lot worse. And, that’s the good news.

Not only are at least twenty more big banks under investigation as part of a massive fraud to manipulate interbank lending rates that affect some $800 trillion in loans and derivatives, but the Bank of England is about to take center stage in the scandal…

http://www.blacklistednews.com/It%27s_Not_Libor_Stupid%2C_Central_Banks_Are_The_Problem/20405/0/38/38/Y/M.html

Or maybe the biggest financial scandal in history will just be swept under the rug.  I note that nobody has been locked up or drawn and quartered as yet.

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