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Libor Rate Rigging Scandal

Libor Justice Painfully, Predictably Slow

The Huffington Post | Mark Gongloff | Posted 09.20.2012 | Business

Thing One: Prosecutin' Is Hard: Willie Sutton apocryphally said that he robbed banks because that's where the money was. But if you really want to cri...

Secret Survey Reveals Rate Manipulation Is Widespread

The Huffington Post | Mark Gongloff | Posted 09.20.2012 | Business

Interest rates all over the world are mostly made up. That's the verdict of a new study by the International Organization of Securities Commissions...

Biggest Financial Scandal In History Is Getting No Airtime

Mark Gongloff | Posted 10.01.2012 | Business
Mark Gongloff

The biggest financial scandal in history has gotten all of zero minutes' air time on the ABC and NBC nightly news broadcasts and only a little more time than that on CBS and the major cable news channels.

Citigroup Could Be Poster-Child For U.S. Libor Manipulation

Mark Gongloff | Posted 09.19.2012 | Business
Mark Gongloff

So far Barclays has been the sad, British face of the Libor scandal, but there could soon come a day when an American bank could be the poster child for Libor manipulation.