5 Jul 2012

"The Banks are Afraid of Capitalism!" Matt Taibbi explains illegal LIBOR fixing by the banksters at NATGAT + ‘The mob learned from Wall Street’: Matt Taibbi/Eliot Spitzer on the ‘cartel-style corruption’ behind Libor scam

Matt Taibbi the Rolling Stone reporter who coined the term "Vampire Squid" in reference to the infamous investment bank Goldman Sachs breaks down how LIBOR rates were illegally rigged by big banks, and what the consequences to the public are for this criminal behavior.
 
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