LIBOR rates were manipulate by bankers on both sides of the pond.
http://www.senseoncents.com/2012/07/barclays-libor-scandal-prison-will-remedy/#ixzz1zZCKmEC0
Tuesday, July 3, 2012
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Some of our best ideas come to us during the most inopportune times: waking up, in the shower, driving along a country road...my blog is an attempt to capture these epiphanies, whether whimsical or serious in nature. These blogs are heavily weighted toward financial matters and/or innovation (e.g. disruptive technology)--normally boring subject matter. But when sprinkled in with meanderings about human nature, I hope to shed some light on oft-misunderstood topics--without being dogmatic. Enjoy and perhaps learn a thing or two from my moments of clarity.
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- Gaucho Greg
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