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To: raybbr

Yes, I know that mortgage rates are tied to LIBOR (some, at least - many in the US are tied instead to the Prime/fed funds rate), and that GE Capital has a large mortgage portfolio. But GE Capital had no role in setting LIBOR, and the only places I’ve seen GE connected to the LIBOR scandal at all are conspiracy theory sites specifically talking about Peter Lanza supposedly being set to testify. No reliable corroboration, nothing suggesting it’s actually true.


79 posted on 12/16/2012 3:34:46 PM PST by Conscience of a Conservative
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To: Conscience of a Conservative
But GE Capital had no role in setting LIBOR, and the only places I’ve seen GE connected to the LIBOR scandal at all are conspiracy theory sites specifically talking about Peter Lanza supposedly being set to testify.

I've read somewhere that GE and other large banks were manipulating LIBOR rates behind the scenes. That's the whole reason for the hearings.

86 posted on 12/16/2012 6:33:19 PM PST by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: Conscience of a Conservative

This is about a conspiracy! We don’t care what is actually true!

All joking aside, it is curious that there is any connection at all. Why aren’t the talking heads discussing meds these mass murderers were taking and the known side effects?


87 posted on 12/17/2012 4:45:22 AM PST by ilovesarah2012
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