Inside Story - Rigged bank rates: Is there more to come? - Hot Latest News

In the wake of the bank rate-rigging scandal, Bob Diamond, Barclays chief executive, announced his resignation from the post with immediate effect, on Tuesday.

In a statement, Diamond, who faced mounting calls to step down, said he made the decision as the external pressure on the bank has reached a level that risks "damaging the franchise".

Barclays Bank was fined a record $450m last week, for attempting to manipulate the London interbank offered rate, Libor, during the financial crisis between 2005 and 2009. Libor is a measure of how much banks have to pay to borrow from their rival and is worked out every day from estimates submitted by the major banks of their own interbank lending costs. - Hot Latest News - Watch more on http://fastlatestnews.com

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[Ryan McLafferty]

you know its bad news from the financial point of view when Max Kaiser comes on

[Kiko Peres]

I was just about to say that, Max was great there!!!

[Chad B]

Max brings down the gauntlet at 12:25!!! Awesome!

[sonhado num mundo melhor]

PP

RR

II

SS

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It's a shame, it's a shame.

Mafia Cartel with the complicity of the Bank of England and the English government.

Prison, jail, prison.

[ajonbass]

No it isn't. 

[Dinar Queen]

The regulators who failed for years and years and years by looking the other way (in exchange for bribes no doubt) need to be jailed forthwith and then the banksters need to be jailed. This is nothing new, and has been going on for years! The two other participants in this video are idiots. They talk without saying anything. Max has it down -- calling them out as he should. Soviet style -- get'm Max! Those fools don't want to hear what Max says, they can't deal with it lol

[Dinar Queen]

Right on Max! "Mistakes made? ah no it's out right THEFT AND FRAUD!" OMG!

[Dotty736]

Max is spot on. The EU is a Marxist Soviet state. That is why most Brits want out

[SergiyBeloy]

See my video "Barclays LIBOR fraud" compiled of the best media clips on the matter, - including THIS one:

youtu.be / wak5M_DxkSQ

[RailRoadCar9]

sounded like they just turned his mic off

[wayne mckune]

The Point that your missing is the $450.Billion fine is coming from the account holdings of the people who have been ripped off, not from the personal accounts of the manipulators her were managing Barclays, another big scam pulled off by BIG GOVERNMENT..

[Brian Ho]

GO MAX GO! U R THE MAN