LIBOR Manipulation EXPOSED: The Infographic

July 24, 2012 By 3 Comments

Still wondering exactly what the LIBOR interest rate manipulation scandal means, how the banks pulled it off, and how the escalating fallout will affect the banksters and the central banks?
Wonder no more as this infographic graphically explains the rate rigging scandal in layman’s terms.

The LIBOR Rigging Scandal….EXPOSED

Source: HealthcareAdministration


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Comments

  1. Avatar of AGXIIK AGXIIK says:
    July 24, 2012 at 11:30 AM

    Here’s the short version. 

     If a banker’s awake, you’re screwed. That’s the way it is

    from a former banker.

  2. Avatar of Not Sure Not Sure says:
    July 24, 2012 at 12:28 PM

    My guess is this isn’t going to amount to much that the average person can benefit from. Most young and middle age people benefited from the LIBOR manipulation via lower rates on their loans. Of course this has caused them to deeper and deeper into debt by all the “free and easy” money. Most old people are too mediated and out of touch to really understand what lower interest rates do to their fixed incomes. The only ones that will have actionable outcome will be the low and mid-tier banks and investment houses that got screwed on interest rate spreads. They will likely enter into lawsuits that will languish in the corrupt “big bank” legal system. Payouts will occur but at paltry amounts compared to the amount extracted from the economy. 

    The MSM is still the controlling propaganda arm of the the political/financial matrix and WILL NOT do it’s due diligence on this issue. Until that changes, nothing will happen with all these revelations of corruption.
  3. Avatar of widget widget says:
    July 24, 2012 at 2:34 PM

    ”There may be accomplices because LIBOR rates are calculated on averages”

    NOO NO NO.

    There MUST be accomplices, because the top and bottom 4 submissions are ignored!

    ”the trick is you must not do this alone”- http://www.zerohedge.com/news/shocking-details-barclays-epic-lie-bor-fraud-duuuude%E2%80%A6whats-ur-guys-345-3m-fix%E2%80%A6tell-him-get-it

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