DailyMarkets.com - Libor Scandal: RBS Managers Condoned/Participated

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Libor Scandal: RBS Managers Condoned/Participated Posted: 25 Sep 2012 04:11 AM PDT Crisis management 101 would maintain that during periods of turmoil a problem should be ring-fenced and a proper firewall developed so that the fallout does not spread. I believe that senior Wall Street management is utilizing that exact game plan in the midst of the Libor-manipulation scandal. Wall Street would welcome paying token fines and sacrificing a handful of 'rogue traders' for the  rigging of Libor. Those penalties would be exceptionally cheap prices to pay for the largest … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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