Headlines for June 14, 2013 | Democracy Now!
"Traders said the rigging is accomplished by executing deals before and during the minute-long windows when benchmarks are set. The report says the activities happened daily for at least a decade."
Matt Taibbi wrote in his blog for Rolling Stone, "if this story is true, it would almost certainly trump LIBOR for scale/horribleness."
These lost funds should be coughed up by the bankers who profited, and returned to the 98%-class investors who got bilked. And there should be jail time for those manipulating bank traders.
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