The latest banking scandal on LIBOR (London Inter-Bank Offered Rate) rate fixing adds more fuel to the debate about ‘What to do?’ about banks and banking. Popular fury and renewed criticisms about banking culture and behaviour are inevitable. The stage is set for wider revelations involving other major banks, possible lawsuits and ever more restrictive regulation.
‘Banksters’ and the LIBOR Fix
Posted by richescorner under FinanceFrom http://www.richescorner.com 4301 days ago
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