Sunday, July 8, 2012

(Video) LIBOR Banking Scandal: Crime of the Century

(Video) LIBOR Banking Scandal: Crime of the Century

"Forget Bernie Madoff and Enron’s Ken Lay—they were mere amateurs in financial crime. The current Libor interest rate scandal, involving hundreds of trillions in international derivatives trade, shows how the really big boys play. And these guys will most likely not do the time because their kind rewrites the law before committing the crime."


Might this be the straw that breaks the camels back? Does the whole banking industry being predicated on fraud give us the impetus we need to rethink our corporatocracist system?


Watch it now: (Video) LIBOR Banking Scandal: Crime of the Century

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