mahnmut: (The Swallows have won!)
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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.

(no subject)

Date: 2012-07-21 08:55 am (UTC)
From: [identity profile] 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.

(no subject)

Date: 2012-07-21 08:55 am (UTC)
From: [identity profile] mahnmut.livejournal.com
And Mr Diamond!

And Sir Hoare!
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