Friday, January 25, 2013

DailyMarkets.com - Barclays Libor Scandal: What Is Bob Diamond Hiding?

DailyMarkets.com - Barclays Libor Scandal: What Is Bob Diamond Hiding?

Barclays Libor Scandal: What Is Bob Diamond Hiding?

Posted: 25 Jan 2013 04:25 AM PST

To think that scandalous activity of the size and scope involved in the rigging of Libor would be confined to a mere handful of traders and brokers is so ridiculous as to be laughable.
Yet, to this point every institution connected to this racket would try to have us believe just that. Well, we can disavow that attempt to minimize the fallout of this manipulation at one bank. Which one is that? 
The bank at which this scandal broke  in mid-2012, that being Barclays.
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