LIBOR: The World’s Most Dishonest Number
LIBOR: The World’s Most Dishonest Number:
The FDIC has sued 16 of the largest banks in the world plus the British Bankers Association (BBA) alleging that they engaged in fraud and collusion to
‘Every big bank CEO failed the ethical test, and the ethical bar they failed to surmount was set exceptionally low.’
“If the Obama administration has long known that fraud was endemic among the leaders of the world’s largest banks, then its policies toward those CEO and the banks they control have been reprehensible and harmful.”
Terrified yet?
