Wednesday, December 19, 2012

Libor scandal grows as the fathers of two mass murderers were to testify

what are the odds of both fathers of these killers being connected this way?

What is Libor Scandal (FAQ): The Libor scandal is a series of fraudulent actions connected to the Libor (London Interbank Offered Rate) and the resulting investigation and reaction. The Libor is an average interest rate calculated through submissions of interest rates by major banks in London. The scandal arose when it was discovered that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were.[3] Libor underpins approximately $350 trillion in derivatives. It is controlled by the British Bankers’ Association more info:
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