Tag Archives: Libor

Tim Geithner Should Be in Handcuffs

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Prosecutors, regulators close to making Libor arrests

(Reuters) – Prosecutors and European regulators are close to arresting individual traders and charging them with colluding to manipulate global benchmark interest rates, according to people familiar with a sweeping investigation into the rigging scandal. Federal prosecutors in Washington, D.C., … Continue reading

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The price of gold has been manipulated. This is more scandalous than Libor

it would appear that the Libor scandal at Barclays has acted to draw out more market figures willing to claim openly that organised price fixing has occurred in gold. Ned Naylor-Leyland, investment director at Cheviot, a British investment firm, had … Continue reading

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Ever Wonder Why the Banks Are Paying No Interest on Savings Accounts?

Anyone who still has money in a savings or money market account deserves the interest that they get paid. Along with the tax liability on the interest. As reported in the Stick a Fork in It: We Will Have to Pay … Continue reading

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