Over the weekend and the last day, I've been reading a lot more about the LIBOR scandal that has been making headlines around the world, but not so much in the United States.
For a background, theses videos and this Sam Seder interview with Matt Tiabbi might help:
700 TRILLION dollars in assets could be effected. The scope literally could not get larger.
We will be writing more about this, for sure.
Tuesday, July 10, 2012
The 800 Trillion Dollar Scandal You Haven't Heard About
Labels:
Economy FAIL,
LIBOR,
Really Scary Things
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