The Libor fallout

[mahnmut]

PART 1 .Banks submit false data to manipulate the Libor interest rate, either for the good of the entire economy and all of mankind, or possibly to just benefit themselves.



PART 2. Banking titans Rich Ricci and Bob Diamond are implicated in the Libor financial scandal, but an eighth-generation Hoare remains innocent of the rampant rate rigging.

Comments

[the-rukh.livejournal.com]

You say that private entities might do things that benefit themselves and harm the rest of society? WHY DO YOU HATE AMERICA

[mahnmut.livejournal.com]

BECAUSE I CAN! FREEDOOOOOM!

[anfalicious.livejournal.com]

If they weren't so hampered by government regulation this wouldn't have happened. It's regulation that causes people to do immoral things.

Also; Ricci, Rich. Teehee.

[mahnmut.livejournal.com]

And Mr Diamond!

And Sir Hoare!

[luzribeiro.livejournal.com]

No, nothing to see here whatsoever, move along...

[luvdovz.livejournal.com]

Oh! Stewart is back.

[abomvubuso.livejournal.com]

Libor sounds... ominous!