Wednesday, February 6, 2013

Transcripts Show Corrupt Traders Planning To Rig Global Financial Markets: ‘It’s A Cartel Now In London’

Transcripts Show Corrupt Traders Planning To Rig Global Financial Markets: ‘It’s A Cartel Now In London’: The Royal Bank of Scotland will have to pay more than $600 million to U.S. and UK regulators for its role in rigging the LIBOR interest rate. RBS is one of several banks that rigged LIBOR in order to make huge profits, as regulators looked the other way. The Commodity Futures Trading Commission today released [...]/p