You want know what my biggest gripe about the LIBOR scandal is? The fact that the fed chose the LIBOR as the market rate in the first place, effectively ceding

You want know what my biggest gripe about the LIBOR scandal is? The fact that the fed chose the LIBOR as the market rate in the first place, effectively ceding a huge amount of monetary control to a set of private bankers, but not only that, ceding that control to the private bankers of another country, and not only that, but they knew the rate was being manipulated no later than 2007, and stuck with it and said nothing anyway! I think the fed needs to be audited and the Federal Reserve Act should be gotten rid of and the power they have should rest with congress as the constitution states it should!. Also, I think this is the most important part of this article: "who in turn were acting on instructions from the Bank of England." So the two top guys in the bank are secretly being prosecuted, and we don't know their names, but what about the Bank of England? Any prosecution against anyone there?