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Largest Banking Corruption Scandal Exposed: Libor

Hits: 8927 | Rating: (2.9) | Category: News & Politics | Added by: kitteh9lives
Jump to: Bottom    Last Post
photomstr
Male, 50-59, Canada
 767 Posts
Saturday, July 07, 2012 2:28:06 AM
they always been crooked them that masturbate our money . . .

Suicism
Male, 18-29, Western US
 3672 Posts
Friday, July 06, 2012 9:54:35 PM
De-regulation is one thing - defeating the purpose of it by subsidizing the losers is another.

troytrooper
Male, 18-29, Western US
 113 Posts
Friday, July 06, 2012 3:56:19 PM
Or wait, how about federal income tax? Go ahead and try to find any sort of law that actually requires you to pay income tax in America; IRS agents have been fired and quit after stellar careers because they could not find the law.

troytrooper
Male, 18-29, Western US
 113 Posts
Friday, July 06, 2012 3:49:14 PM
This is not the largest scandal, at least in America. The Federal Reserve private banking scandal where they charge us to print our own money might be a little more hazardous to our economic health.

NOCASH
Male, 18-29, Canada
 424 Posts
Friday, July 06, 2012 3:36:28 PM
Everyone forget about this and go back to your mediocre lives, just remember to bend over daily and apply lots of lube. Getting F%&*#ed this hard can hurt unless your so used to having it rammed up there over the last 30 years

Gerry1of1
Male, 50-59, Western US
 33910 Posts
Friday, July 06, 2012 6:28:58 AM

"so why do we let them drat us again?"

Because they own the politicians who can make the necessary changes.
So that's not gonna happen.

New_Guy
Male, 30-39, Europe
 401 Posts
Friday, July 06, 2012 5:02:24 AM
so why do we let them drat us again?

onoffonoffon
Male, 30-39, Western US
 2146 Posts
Friday, July 06, 2012 12:37:15 AM
Fractional banking is the basis of all banking. Fractional banking is fraud. All of banking is a fraud.

handimanner
Male, 60-69, Western US
 1854 Posts
Thursday, July 05, 2012 9:32:58 PM
Elliot Spitzer has been trying for years to progress action against the fat cats who caused ALL this financial mess. Watch the movie "Inside Job" before replying, please.

OldOllie
Male, 60-69, Midwest US
 14494 Posts
Thursday, July 05, 2012 9:25:58 PM
This is why you verify the rates with the borrowers. This is the single most fundamental principal of auditing -- check outside sources of information.

ChrisP12
Male, 40-49, Midwest US
 186 Posts
Thursday, July 05, 2012 8:19:07 PM
The answer: Small local or regional banks. More responsive and conservative.

richanddead
Male, 18-29, Eastern US
 1961 Posts
Thursday, July 05, 2012 6:01:44 PM
Banks... pay them to hold your money ...get fined for not knowing how much you have because you can't readily see it or use it after putting money in... because that's how you should save and build money... and if you go into debt, just get a loan... because your smart and realistic with your fortune.

But hey check this out! It's almost like their scamming us.

Pooptart19
Male, 18-29, Southern US
 2290 Posts
Thursday, July 05, 2012 5:43:31 PM
Nothing new here. London Inter-Bank Offer Rate (LIBOR) is the European version of the Federal funds rate here in the USA.

Another scare scandal in the making. queue the lemmings....


Pretty much. I knew that even with my limited knowledge of banking. Might as well be telling us that Jews are in Venice making loans out to Christians (Merchant of Venice *cough*). It ain't news.

insane_ai
Male, 30-39, Midwest US
 686 Posts
Thursday, July 05, 2012 5:26:25 PM
Nothing new here. London Inter-Bank Offer Rate (LIBOR) is the European version of the Federal funds rate here in the USA.

Another scare scandal in the making. queue the lemmings....

piperfawn
Male, 30-39, Europe
 3890 Posts
Thursday, July 05, 2012 4:37:17 PM
Poor Kitteh you have hard time tonight with EU iabers

ElMustache
Male, 18-29, Western US
 1622 Posts
Thursday, July 05, 2012 4:36:07 PM
Corruption in banking?! I'm shocked I tell you. Shocked.
No regulation, no oversight. This is what you get. Everyone of you, regardless of political affiliations, is getting f*cked by the banks.

swoop408
Male, 18-29, Western US
 1768 Posts
Thursday, July 05, 2012 4:35:22 PM
So...has anyone been arrested yet?

xiquiripat
Male, 18-29, Western US
 2419 Posts
Thursday, July 05, 2012 4:33:39 PM
Why didn't we shoot all the bankers again?

piperfawn
Male, 30-39, Europe
 3890 Posts
Thursday, July 05, 2012 4:32:26 PM
Not visible in my country


Gerry1of1
Male, 50-59, Western US
 33910 Posts
Thursday, July 05, 2012 4:23:44 PM

Stock up on ramen.

ferdyfred
Male, 40-49, Europe
 11322 Posts
Thursday, July 05, 2012 4:23:22 PM
Dayum, blocked in the UK!!

kitteh9lives
Female, 70 & Over, Eastern US
 1447 Posts
Thursday, July 05, 2012 1:59:28 PM
Link: Largest Banking Corruption Scandal Exposed: Libor [Rate Link] - The Libor scandal engulfing the banking industry is the biggest financial scam in world history. Story in Credits


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