Over at Rolling Stone Matt Taibbi is asking Why is Nobody Freaking Out About the LIBOR Banking Scandal?
I don't know about you, but I was shocked to discover that the Lords of Finance have been manipulating interbank exchange rates. It is outrageous, is it not?
I mean, I've been very worried about all this Monkey Business we've had to put up with these last four years, and now there's this rate-fixing scandal. How will any of us be able to sleep at night?
So, yes, Matt, I agree, it's time to freak out.
I'm finally switching my account from Big Money to the Co-operative bank in England... Should have done this years ago but I'm using the LIBOR scam as the last straw...
Posted by: Nat | 07/04/2012 at 10:21 AM