Rigged banking rates through LIBOR – possibly the biggest financial scandal ever

The insider trading that is the LIBOR scandal has been revealed to have occurred for decades and has resulted in trillions being skimmed for internal profits on a daily basis.  ALL banks have been implicated in this and as news has broken, Deutschebank in Germany and now JP Morgan and other US banks have shown to have been complicit along with UK banks Barclays and Lloyds.  There will be many more and in many different countries before this is all over.

This will be, quite possibly, the biggest financial scandal ever.

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About tthurts

Rattling the cage...
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