By: nik12
Thanks for the update post David. This is a really fascinating story. I think it has the potential to unite a lot of people (both left and right) together in outrage over the cozy, corrosive...
View ArticleBy: kafka
For those who want more details on the Margin Stanley Li(e)bor estimates: http://www.zerohedge.com/news/here-come-libor-liability-estimates Little doubt the big banks will sleaze their way out of most...
View ArticleBy: Xcroc
Superb Infographic on how LIBOR manipulation takes moony from your pocket and mine. http://www.accountingdegree.net/numbers/libor.php
View ArticleBy: onitgoes
[Libor] has the potential to unite a lot of people (both left and right) together in outrage over the cozy, corrosive relationship between the big banks and the government bureaucrats who are supposed...
View ArticleBy: onitgoes
Thanks! That’s very helpful. Sadly, it also provides *clarity* on yet another reason why the 1% has beat down on & demonized various public services, such as Fire Depts (eeek! socialists!), PD...
View ArticleBy: Xcroc
Regretfully, I think you may be right. (and, of course I meant money rather than moony)
View ArticleBy: dude
Maybe a small point, but here it is. Most of the LIBOR coverage I see does not talk very much about the impact upon commercial borrowers–tends to focus on home mortgages. I used to have clients who...
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