whats up with this?

http://in.reuters.com/article/2012/0...8IQ9VX20120727

Lyndon LaRouche dude handed me a article on the way out of the court house. Kind of seems a little important so I thought I would pass it on.

Money changers have always been a source of conflict as far back as can be reported.

COG WTF with this LIBOR? please explain.

COG WTF with this LIBOR? please explain. Originally Posted by IIFFOFRDB

Self-interested bankers fucking over the average citizens -- again!

Sensia @ http://www.eccie.net/showthread.php?...ighlight=LIBOR

Essence @ http://www.eccie.net/showthread.php?...ighlight=LIBOR

So far:

The CEO of Barclays has gone
The COO of Barclays has gone
The non exec in charge of renumeration has gone
The chairman has gone (staying until replacement CEO has been found)

All UK authorities are washing their hands

All Barclays people are saying 'it was much worse at other banks'.

So far:

The CEO of Barclays has gone
The COO of Barclays has gone
The non exec in charge of renumeration has gone
The chairman has gone (staying until replacement CEO has been found)

All UK authorities are washing their hands

All Barclays people are saying 'it was much worse at other banks'. Originally Posted by essence

Can't wait for the American heads to roll. Thanks IB and essence.

Can't wait for the American heads to roll. Thanks IB and essence. Originally Posted by IIFFOFRDB

CBS ran a spot several nights ago about Baltimore and some other cities suing Wall Street banks for defrauding them out of millions of dollars in pension fund, etc., investments creating budgetary shortfalls, funding crises, lay-offs of teachers, firemen, policemen, etc.

http://www.guardian.co.uk/business/2012/jul/19/baltimore-libor-financial-crisis

http://articles.baltimoresun.com/2012-07-16/news/bs-ed-libor-20120716_1_libor-benchmark-rate-interest-rates

Neil Barofsky, former Inspector General appointed to oversee TARP offers an excellent short explanation of the issue in this article and accompanying 5-minute video:

http://finance.yahoo.com/blogs/daily...162151297.html

IIFFOFRDB - If you don't know what LIBOR is, perhaps you shouldn't be trying to look smart on this board. Thank you for demonstrating your intellectual and cultural level - EXTREMELY LOW.

cum, I think he knows what Libor is, he was asking what's up with the scandal.

Can't wait for the American heads to roll. Thanks IB and essence. Originally Posted by IIFFOFRDB

The CEO was American, and the COO was Canadian, I think.

They walked with millions in bonuses.

The degree of miscommunication and denial and loss of memory is unbelievable.

The CEO was American, and the COO was Canadian, I think.

They walked with millions in bonuses.

The degree of miscommunication and denial and loss of memory is unbelievable. Originally Posted by essence

When the shit hits the fan, no one ever knows anything. John Corzine has no idea what happened to two billion missing from account holders at MF Global. Ken Lay had no idea that anything improper was going on at Enron. Eric Holder has no idea who came up with the Fast and Furious scheme. No one went to jail for the subprime fiasco. No one is ever held accountable for anything.

When America is officially bankrupt and people are going hungry, no one will take responsibility.

When America is officially bankrupt and people are going hungry, no one will take responsibility. Originally Posted by joe bloe

If everyone has free healthcare, on welfare and food stamps, Obama will take credit, he loves that shit. Of course we can't pay for any of it, but who cares about that.

Really simple the big boys are fucking the people and we argue over who is better at it.