http://www.democraticunderground.com/10021153345A simple cut/paste, with no amplifying remarks
nadinbrzezinski (107,818 posts)
Libor scandal: MPs demand changes over rate-rigging
MPs on the Treasury Select Committee have demanded wide-ranging changes in the wake of the Libor rate-fixing scandal.
The scandal emerged in June when the UK and US authorities fined Barclays bank £290m.
The MPs, who held a series of public hearings, blamed senior executives of Barclays for the bank's "shocking" and "disgraceful" behaviour.
In response, Barclays said "we recognise that change is required".
One response of no consequence
tama (5,646 posts)
1. First thread on Libor scandal on DU I've seen
That does not mean there haven't been others, but apparently very little considering the magnitude of the issue and DU history of interest in bankster fraud. I wonder why so little interest in this issue. Is US corporate media publishing anything on this?
The reason you've not seen this sort of thing DUtama, is because gNads is the only one who understands this complex issue. But note that her post does not contain any explanations or comments, just a cut and paste. Can't get too crunchy for the unwashed masses.
nadinbrzezinski (107,818 posts)
2. They have, but it is so complex
that most folks really do not. Several threads have been posted, more than a few. They usually sink.
The level of fraud boggles the mind by the way
