Graphic Used the in video explaining the Libor Scandal Last week the Political Minute talked about the LIBOR scandal, which involved big banks understating interest rates. Most consumers were ho-hum about the … Continue reading Libor Scandal Part 2 – who was ultimately hurt.
Barclays Bank admitted that it rigged the London InterBank Offered Rate from 2007 through 2009 to show that they could borrow money at a lower rate than they actually could. Why did … Continue reading Libor Scandal – $800 Trillion!!