British Government Implicated in LIBOR Banking Scandal

readersupportednews.org, Rolling Stone by Matt Taibbi | Jul. 6, 2012 (News Report)
'This Libor-manipulation story grows crazier with each passing minute.'

Tucker in this version of events was acting as a middleman for the British government, telling Diamond to fake his borrowing rates in order to preserve the appearance of financial stability, for the good of Queen and country as it were.

Read more: http://www.rollingstone.com/politics/blogs/taibblog/libor-banking-scandal-deepens-barclays-releases-damning-email-implicates-british-government-20120704#ixzz1zpV09EME Full Story »

Posted by Dwight Rousu

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Subjects: World, U.S., Business, Community
Topics: Global Economy, Finance, Crime
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# Diggs: 2 (as of 2012-07-06)
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Posted by: Posted by Dwight Rousu - Jul 6, 2012 - 1:32 AM PDT
Reviewed by: Dwight Rousu (review), Hina Khan (review), Ashish Zaptech (review), Randy Morrow (review), Sirajul Islam (review)
Content Type: Article
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Edited by: Dwight Rousu - Jul 6, 2012 - 1:39 AM PDT
Related Comments: Global Economy (2)

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Sirajul Islam
4.1
 by Sirajul Islam - Jul. 7, 2012

Blogger Matt taibbi's this post in the Rolling Stone's Politics page is highly informative who posted a leaked email that implicates the British Government in the LIBOR banking scandal. This is good journalism because this is original and shows context.

See Full Review » (19 answers)
Dwight Rousu
4.7
 by Dwight Rousu - Jul. 6, 2012

This email amazes for a few reasons. One, it suggests that Barclays, which is currently carrying the standard in the LIBOR-manipulation scandal, ... More »

Dwight posted this story.
See Full Review » (11 answers)
Randy Morrow
4.3
 by Randy Morrow - Jul. 7, 2012

If the banks manipulated Libor, they did it to make themselves look healthier, but this had the consequence of affecting hundreds of trillions of dollars’ worth of ... More »

See Full Review » (11 answers)
Ashish Zaptech
4.1
 by Ashish Zaptech - Jul. 6, 2012
See Full Review » (7 answers)

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