Tag Archives: Libor

IS SHIBOR INDICATING A CHINESE BANKING SYSTEM COLLAPSE IN NOVEMBER?

Posted on October 28, 2013 by DRenegade

Is Peking panicking again? Do you recall the June panic in the Chinese banking sector? Rumor of defaults of a secondary bank resulted in the SHIBOR, equivalent of LIBOR for China, spiking abruptly. In the span of a few hours, a “Credit … Continue reading →

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Tim Geithner Should Be in Handcuffs

Posted on July 26, 2012 by DRenegade

More…

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Prosecutors, regulators close to making Libor arrests

Posted on July 22, 2012 by DRenegade

(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

Posted on July 12, 2012 by DRenegade

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?

Posted on February 6, 2012 by DRenegade

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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