Nationalized Freddie Mac is reportedly suing 12 of its its bankster masters including JP Morgan, BOA, RBS, and Citi among others over $3 billion in losses tied to manipulation of LIBOR rates from 2007-2010.

The Freddie Mac suit appears to confirm what we suspected in 2012 that JP Morgan and Bank of America were simply fabricating their borrowing rates.  Why then, we might ask, has neither Bank of America nor JP Morgan Chase been charged by regulators, when banks with much less blatantly false LIBOR rates have been fined over half a billion dollars???

UBS has reportedly agreed to pay $450 million to settle a probe over LIBOR manipulation.  Please recall that Barclays was reprimanded by officials at the BOE for NOT manipulating their LIBOR rates as effectively as their counterparts at Goldman Sachs and JP Morgan Chase, and yet to no surprise, not a single one of the most egregious manipulators have been charged by authorities.
Supposedly Chilton, Gensler, Shapiro, and the rest of the CFTC are still investigating… at least until the story is completely forgotten by the financial MSM.

ZURICH–UBS AG (UBS) is close to a settlement with U.S. and U.K. authorities and is expected pay more than $450 million over claims that some of its employees reported false Libor rates to boost the bank’s profit, the New York Times reported Sunday, citing anonymous officials briefed on the matter.

In this explosive interview focusing on the metals, The Doc & TF discussed the massive reduction in the cartel’s net short position in silver, the LIBOR manipulation scandal, the new downturn in the US, the manipulation of ALL markets, and physical supply issues with gold and silver.

Full MUST LISTEN interview and transcript below: