Skip to comments.LIBOR: A Question of Trust
Posted on 07/20/2012 7:32:26 AM PDT by Brown Deer
Edwin M. Truman explains why the spreading LIBOR scandal has the potential of raising new doubts over the reputations for honesty of many large financial institutions.
And I read today that a group of these banks are looking to “settle”...in which case they get to plead neither guilty or innocent. I hope any judge worth is salt knocks that down. These big guys get away with a fine that they include as ‘the cost of doing business’. BS! to that...I want criminal charges and jail time. No wonder people are opting for the banks of Stearns & Foster. Zero confidence in the system because of bad actors. Greedy rat bat-turds.
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