How Barclays manipulated the libor rates

The Barclays Bank scandal centres around a key interest rate known as Libor. Al Jazeera's Dominic Kane reports on exactly what that is. We also speak to Bill Black, a former US banking regulator for more clarity on how this multi-million dollar fraud was perpetrated.

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  News & Politics

[shav4life]

When the poor steals money, they get put in prison. When the rich steals money, they ask for a resignation.

[Gordon Parnell]

LOVE BILL BLACK, smart and pulls no punches!

[Ken C]

All your governments have sold you out "Remember folks there's a big difference between kneeling down and bending over." - Frank Zappa. Wake up sheep, it'll go on forever until they're forcibly stopped or there's nothing left to steal and you will be so sorry you didn't bother to find out how your pocket was being picked.

[Eileen Lawrence]

Barclay bank whores. I just had my checking account garnished by Barclay bank. They were not willing to negotiate to pay back a misley $5,000 dollars. Instead they turned it nto a 6700 fee. I could not pay my mortgage or the past two months. I hope they cryumble. They are crooks

[Acolon77]

Heath Ledger's JOKER had it right...burn the money. When there's nothing but ashes people will actually find out what is TRULY of value.

[UnitedCorpOfAmerica]

So LIBOR was too low.... Cheap crony money... and no interest for savers. Where's the surprise? The west hates nations that don't have debt shackles. The middle east doesn't have debt shackles... that's why they are terrorists. The Ponzi needs more participants... war! That's western business as usual. Send your kids to die for the Ponzi! Do it!!

[WoodlandRavah]

["James Holmes (the colorado shooter) .. father is Robert Holmes who is set to testify at the LIBOR banking scandal hearings..."]

[chena3]

economic cleansing

NOW

[PandemicMadness]

CASINO CRAPITALISM